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On today's show.... Where is your best think location? What is more stressful than breaking up with someone? How many of these could you handle at the same time? Holly & Nira's Therapy Thursday: A life hack for fixers A trait that was once possibly considered TACKY is now very very attractive! I’ve got some NFD for you- Nira friend drama – The hall pass edition Toxic Lines That Are Ruining Your Relationship!
On today's show... The difference between men and women Are you good at taking advantage of the System? If you ask yourself "why am I like this?" There's a reason why and it's a good thing! I’ve some NFD for you- 'A wife has a question about her husband’s Boss' edition.. The one thing you do at home that's putting a major strain on your relationship The latest in job training- Would you do it?? Are we allowed to refuse? Have you heard of 'Shallowing'? The newest bedroom trend for couples…
On today's show... A new best friend test. The surprising time you should apply deodorant Things that sound sarcastic no matter how you say them A very Fascinating BRAIN STUDY… The best non-awkward first date questions We've got some NFD for you …A DRUNCH Warning…
On today's show... IN or OUT – what should be first... What to say to politely end any argument We have an answer- the number 1 way People Show Their Love Micro habits that make you happier! I’ve got a round of NFD for you this morning- Nira Friend Drama The biggest reason people aren't going to the gym right now
Our final show of 2024! This week's edition of Into the Vault features NFD!Playlist: Twin Tribes - AbsoluteGallows' Eve - Death MagicRosegarden Funeral Party - Wait Until MorningVision Video - Let Go Of TimeFeyleux - Icy VeinsMale Tears, featuring Digital Love - This Party Ends In TearsNFD - Darkness FallsNFD - Light My WayNFD - Red Sky BurningANI - MitzpahUrban Heat - Right Time Of NightThe Cure - All I Ever AmDoors In The Labyrinth - Dead Man's PartyGothminister - We Live Another Dayunit:187 - New BeginningDame Area - Sempre cambiareData Void - Nothing ChangesMVTANT - VoraphobesCyberaktif - New World AwaitsAshbury Heights, featuring Ulrike Goldmann - A Lifetime In The Service Of DarknessKontravoid - FadingHaujobb - UselessnessZeraphine - New Year's Dayverticalpark - CathedralJacob Audrey Taves - Music For 18 People On PCPJim Gentile - Chew My ClockThe Nausea - Respice FinemEl Perro Del Mar - In SilenceJessica Pratt - GlancesAlex Henry Foster - A Vessel AstraySGO - Only YesterdaySunnsetter - Try Again
On today's show... What majority of people want this Banned for the family dinner this year….. you could NOT handle this……. Good news/bad news: The best Christmas activity for your mental health is... What’s your face.... when opening gifts?? RGF is trending for the Holidays! Holly & Nira's: How smart are you?? Christmas edition! We have some NFD – the holiday edition It's time to count the NO'S
Pair ‘fun' with ‘leading fashion' and a handful of brands come to mind. Add ‘community-built' to the mix, and there's only one – Never Fully Dressed. Join Verity for today's exclusive episode, as she sits down with Lucy Aylen (Founder @ NFD). This is your chance to learn from an industry titan, levelling up your career savvy and brand strategy in the process. From the brand's first days in her parents attic to sell-out drops, packed events, and a ride-or-die community that spans the globe, Lucy walks us through the moments that transformed Never Fully Dressed's trajectory. The CEO, entrepreneur & training Doula stops at Spitalfields Market, a first NYC pop-up (you and Kendall Jenner's memorable t-shirt know the one), and more from the last 15 years along the way. Tune in to hear Lucy's Founder story, and her practical advice on… The Power of Long-Term Relationships: Establishing long-term, meaningful connections with customers, employees, and partners is an essential part of NFD's sustainable brand growth. By taking the ‘spikes' caused by short-term success out of the business, these enduring relationships are built on trust, foster loyalty, and ensure consistent support. Each is key to navigating market fluctuations, to drive continuous development and innovation. Making Customers Your Influencers: When it comes to community-building, NFD lead the industry for good reason. Creating the fun and empowering culture the brand is known for has fostered belonging and loyalty with superfans. Bonus: it naturally turns loving customers into genuine Brand Advocates, too. Building these deep bonds passes on the power of influence, as each Advocate leverages their authentic voice to promote the brand and enhance its credibility. Amplifying Brand Voice: Encouraging this user-generated content, as well as implementing loyalty programs and rewarded referrals, has created a strong sense of belonging among NFD's customers. As the brand expands to new markets, Lucy is looking to further amplifying the brand's voice through community projects and charitable support. Everything is done in favor of the heroes behind the brand (aka their customers), and never product-first. Expect brand lessons, expert-but-humble entrepreneurial know-how, and the first-hand Advocacy tactics you can only learn from Lucy. Rate & review Building Brand Advocacy: Apple Podcasts Spotify Connect with Lucy: Lucy's Instagram NFD on Instagram NFD on TikTok NFD's Website
On today's show... The bar has been dropped even lower for women in the bedroom A round of NFD this morning! New travel trend- separate together trips How would you describe the STATE of your marriage? Your relationship? The beverage you're supposed to sip before you nap The ‘black cat and golden retriever' theory – Its' the best dynamic in a relationship if you want it to last” The 30-30-30 life hack… Who have you Drank? Did this Office Prank Go Too Far?
Dans cet épisode, Emmanuel et Guillaume reviennent sur les nouveautés de l'écosystème Java (Java 21, SDKman, Temurin, JBang, Quarkus, LangChain4J, …) mais aussi sur des sujets plus généraux comme Unicode, WebAssembly, les bases de données vectorielles, et bien d'autres sujets orientés IA (LLM, ChatGPT, Anthropic, …). Enregistré le 20 octobre 2023 Téléchargement de l'épisode LesCastCodeurs-Episode-301.mp3 News Langages Gérer facilement des versions multiples de Java grâce à SDKman https://foojay.io/today/easily-manage-different-java-versions-on-your-machine-with-sdkman/ sdkman support java mais aussi graalVM, jbang, Quarkus, Micronaut etc (les CLIs) la CLI UI est toujours un peu chelou donc cet article est utile pour un rappel Tous les changements de Java 8 à Java 21 https://advancedweb.hu/a-categorized-list-of-all-java-and-jvm-features-since-jdk-8-to-21/ Nous avons déjà partagé ce lien par le passé, mais l'article est mis à jour à chaque release majeure de Java pour couvrir les dernières nouveautés. Et en particulier, Java 21 qui vient de sortir. Eclipse Temurin ne va pas sortir son Java 21 tout de suite https://adoptium.net/en-GB/blog/2023/09/temurin21-delay/ Apparemment, une nouvelle licence pour le TCK (qui valide la compliance) doit être approuvée Oracle semble avoir sorti de nouveaux termes, à quelques jours de la sortie officielle de Java 21 la mise a jour du TCK est arrivée le 9 octobre. comment Microsoft a pu sortir le sien avant? Le Financial Times propose un bel article avec des animations graphiques expliquant le fonctionnement de l'architecture de réseau de neurones de type transformers, utilisé dans les large language model https://ig.ft.com/generative-ai/ LLM via relation entre les mots notion de transformer qui parse les “phrases” entières ce qui capture le contexte discute le beam search vs greedy search pour avoir pas le prochain mot mais l'ensemble de prochains mots parle d'hallucination l'article parle de texte/vector embeddings pour représenter les tokens et leurs relations aux autres il décrit le processus d'attention qui permet aux LLM de comprendre les associations fréquentes entre tokens le sujet des hallucinations est couvert et pour éviter des hallucinations, utilisation du “grounding” The Absolute Minimum Every Software Developer Must Know About Unicode in 2023 https://tonsky.me/blog/unicode/ Un bel article qui explique Unicode, les encodings comme UTF-8 ou UTF-16, les code points, les graphèmes, les problèmes pour mesurer une chaîne de caractères, les normalisation de graphèmes pour la comparaison de chaîne Si vous voulez mieux comprendre Unicode, c'est l'article à lire ! unicode c'est un mapping chiffre - caractère en gros 1,1 millions disponibles dont 15% définis et 11% pour usage privé, il reste de la place. Et non les meojis ne prennent pas beaucoup de place. usage prive est par exemple utilise par apple pour délivrer le logo apple dans les fonts du mac (mais pas ailleurs) UTF est l'encoding du chiffre de l'unicode UTF-32: 4 bytes tout le temps, UTF-8, encodage variable de 1 a 4 bytes (compatible avec ASCII) ; il a aussi un peu de détection d'erreurs (prefix des bytes différents), optimise pour le latin et les textes techniques genre HTML problème principal, on peut pas déterminer la taille en contant les bytes ni aller au milieu d'une chaine directement (variable) UTF-16 utilise 2 ou plus de bytes et est plus sympa pour les caractères asiatiques un caractère c'est en fait un graphème qui peut être fait de plusieurs codepoints : é = e U+0065 + ´ U+0301 ; ☹️ (smiley qui pleure) is U+2639 + U+FE0F D'ailleurs selon le langage “:man-facepalming::skin-tone-3:”.length = 5, 7 (java) ou 17 (rust) ou 1 (swift). Ça dépend de l'encodage de la chaine (UTF-?). ““I know, I'll use a library to do strlen()!” — nobody, ever.” En java utiliser ICU https://github.com/unicode-org/icu Attention java.text.BreakIterator supporte une vieille version d'unicode donc c'est pas bon. Les règles de graphème change a chaque version majeure d'unicode (tous les ans) certains caractères comme Å ont plusieurs représentations d'encodage, donc il ya de la normalisation: NFD qui éclate en pleins de codepoints ou NDC qui regroupe au max normaliser avant de chercher dans les chaines certains unicode sont représentés différemment selon le LOCALE (c'est la life) et ça continue dans l'article JBang permet d'appeler Java depuis Python via un pypi https://jbang.dev/learn/python-with-jbang/ c'est particulièrement interessant pour appeler Java de son Jupyter notebook ça fait un appel a un autre process (mais installe jbang et java au besoin) Librairies Quarkus 3.4 est sorti https://quarkus.io/blog/quarkus-3-4-1-released/ un CVE donc mettez a jour vos Quarkus support de Redis 7.2 plus de granularité sur la desactivation de flyway globalement ou par data source. Depuis l'activation transparente et automatique en 3.3 quarkus update est l'approche recommandée pour mettre à jour. Comment tester si un thread virtuel “pin” https://quarkus.io/blog/virtual-threads-3/ exemple avec quarkus comment générer la stackstrace et un utilitaire JUnit qui fait échouer le test quand le thread pin une série d'articles de Clements sur les threads virtuels et comment les utiliser dans quarkus https://quarkus.io/blog/virtual-thread-1/ À la découverte de LangChain4J, l'orchestration pour l'IA générative en Java https://glaforge.dev/posts/2023/09/25/discovering-langchain4j/ Guillaume nous parle du jeune projet LangChain4J, inspiré du projet Python LangChain, qui permet d'orchestrer différents composants d'une chaine d'IA générative Grâce à ce projet, les développeurs Java ne sont pas en reste, et n'ont pas besoin de se mettre à coder en Python LangChain4J s'intègre avec différentes bases vectorielles comme Chroma ou WeAviate, ainsi qu'une petite base en mémoire fort pratique LangChain4J supporte l'API PaLM de Google, mais aussi OpenAI Il y a différents composants pour charger / découper des documents et pour calculer les vector embeddings des extraits de ces documents Vidéo enregistrée à Devoxx sur ce thème : https://www.youtube.com/watch?v=ioTPfL9cd9k Infrastructure OpenTF devient OpenTofu https://www.linuxfoundation.org/press/announcing-opentofu Dans les Dockerfiles, on peut utiliser la notation “heredocs” exclu fondations et sociétés commerciales, inclues défini des classes de logiciels de non critique a classe 1 et 2 doit faire un risk assessment avant de livrer (pas de bug de sécurité, secure par défaut, security update) de la doc sur le process d'évaluation des risques et un SBOM notamment notifier d'ici 24h d'une vulnerabilité il y a une campagne #fixthecra Des protestations contre l'ouverture des modèles d'IA de Meta https://spectrum.ieee.org/meta-ai ouvrir les modèles et leurs poids permets aux acteurs de bypasser les restrictions (biais etc) donc des gens de Meta protestent contre la politique open source de Meta dans ce domaine l'argument c'est qu'un modele derrière une API peut êtres éteint les partisans de l'avis contraire pointent que contourner les restrictions de ChatGPT ont été triviales jusqu'à présent et que l'obscurité amène a un déficit de transparence, de connaissance du public. va affecté les chercheurs indépendants cela dit ce n'est pas open source pur car les sources et comment le modele est entrainé est peu publié OSI travaille a une définition d'OpenSource AI Un site pour mettre une pause à l'IA: https://pauseai.info/ NOUS RISQUONS DE PERDRE LE CONTRÔLE NOUS RISQUONS L'EXTINCTION DE L'HUMANITÉ NOUS AVONS BESOIN D'UNE PAUSE NOUS DEVONS AGIR IMMÉDIATEMENT Il y a un agenda des manifestations a travers le monde (Londres, Bruxelles, SFO… mais où est Paris?) Twitter/Discord/Facebook/TikTok/LinkedIn Alors qui va gagner la course à l'extinction de l'humanité? la guerre, le réchauffement climatique ou l'IA? Sarah Connor !!! Outils de l'épisode Un querty adapté pour les lettres à accent https://altgr-weur.eu/ (via Thomas Recloux) Conférences Toutes les vidéos de Devoxx Belgique sont disponibles https://www.youtube.com/@DevoxxForever Hacktoberfest, édition 10 https://hacktoberfest.com/ La liste des conférences provenant de Developers Conferences Agenda/List par Aurélie Vache et contributeurs : 26 octobre 2023 : Codeurs en Seine - Rouen (France) 26-27 octobre 2023 : Agile Tour Bordeaux - Bordeaux (France) 26-29 octobre 2023 : SoCraTes-FR - Orange (France) 30-31 octobre 2023 : Asynconf Event - Paris (France) & Online 2-3 novembre 2023 : Agile Tour Nantes - Nantes (France) 3 novembre 2023 : XCraft - Lyon (France) 7 novembre 2023 : DevFest Sophia-Antipolis - Sophia-Antipolis (France) 10 novembre 2023 : BDX I/O - Bordeaux (France) 15 novembre 2023 : DevFest Strasbourg - Strasbourg (France) 16 novembre 2023 : DevFest Toulouse - Toulouse (France) 18-19 novembre 2023 : Capitole du Libre - Toulouse (France) 23 novembre 2023 : DevOps D-Day #8 - Marseille (France) 23 novembre 2023 : Agile Grenoble - Grenoble (France) 30 novembre 2023 : PrestaShop Developer Conference - Paris (France) 30 novembre 2023 : WHO run the Tech - Rennes (France) 6-7 décembre 2023 : Open Source Experience - Paris (France) 6-8 décembre 2023 : API Days Paris - Paris (France) 7 décembre 2023 : Agile Tour Aix-Marseille - Gardanne (France) 7-8 décembre 2023 : TechRocks Summit - Paris (France) 8 décembre 2023 : DevFest Dijon - Dijon (France) 31 janvier 2024-3 février 2024 : SnowCamp - Grenoble (France) 1 février 2024 : AgiLeMans - Le Mans (France) 15-16 février 2024 : Touraine Tech - Tours (France) 6-7 mars 2024 : FlowCon 2024 - Paris (France) 14-15 mars 2024 : pgDayParis - Paris (France) 19-22 mars 2024 : KubeCon + CloudNativeCon Europe 2024 - Paris (France) 28-29 mars 2024 : SymfonyLive Paris 2024 - Paris (France) 17-19 avril 2024 : Devoxx France - Paris (France) 18-20 avril 2024 : Devoxx Greece - Athens (Greece) 25-26 avril 2024 : MiXiT - Lyon (France) 25-26 avril 2024 : Android Makers - Paris (France) 8-10 mai 2024 : Devoxx UK - London (UK) 24 mai 2024 : AFUP Day Nancy - Nancy (France) 24 mai 2024 : AFUP Day Poitiers - Poitiers (France) 24 mai 2024 : AFUP Day Lille - Lille (France) 24 mai 2024 : AFUP Day Lyon - Lyon (France) 6-7 juin 2024 : DevFest Lille - Lille (France) 19-20 septembre 2024 : API Platform Conference - Lille (France) & Online 7-11 octobre 2024 : Devoxx Belgium - Antwerp (Belgium) 10-11 octobre 2024 : Volcamp - Clermont-Ferrand (France) Nous contacter Pour réagir à cet épisode, venez discuter sur le groupe Google https://groups.google.com/group/lescastcodeurs Contactez-nous via twitter https://twitter.com/lescastcodeurs Faire un crowdcast ou une crowdquestion Soutenez Les Cast Codeurs sur Patreon https://www.patreon.com/LesCastCodeurs Tous les épisodes et toutes les infos sur https://lescastcodeurs.com/
In this episode, we host a dialogue with Brian Co from Veloworthy. Brian shares his journey as a cyclist, becoming a podcaster and ultimately founding Veloworthy to explore video storytelling. The talk shifts towards Brian's recent dive into gravel riding during the pandemic - a pursuit aligning smoothly with his interest in digital media and videography. Despite the challenges of filming races and representing cycling's diverse stories, Brian consistently seeks truth in his work. Brian continues to explore the world of gravel through his lenses on this YouTube Channel, Veloworthy. Episode Sponsor: Hammerhead Karoo 2 (use code THEGRAVELRIDE for free HRM) Veloworthy YouTube Support the Podcast Join The Ridership Automated Transcription, please excuse the typos: [00:00:00]Craig Dalton (Host): Brian, welcome to the show. [00:00:03]Brian Co: Thanks. It's so good to be here. I am so excited to be on your podcast. Uh, you know, we, we've been both been doing this for a while, but you've obviously surpassed many of the hobbyists, uh, in the, in the cycling podcast scene, so you're definitely authority when it comes to podcasts, cycling, podcasts. [00:00:24]Craig Dalton (Host): I appreciate it. And, um, you know, as we were reminiscing offline a little bit, your original podcast, the SoCal Cyclist, was one of those that was in my steady rotation as I started getting into listening to podcasts and thinking about doing one myself. [00:00:41]Brian Co: Well, thanks. I'm, uh, do I get a royalty from each episode? [00:00:47]Craig Dalton (Host): Well, you know how cycling media works so you can get a royalty, but it's not gonna do much for you. [00:00:52]Brian Co: It, it'll be, it'll, it'll be, uh, fractions of as cent, I'm sure. [00:00:57]Craig Dalton (Host): Exactly. Hey Brian, as you know, we all start the show. I love to learn like where'd you grow up and how did you find cycling originally? [00:01:05]Brian Co: You know, ironically, you know, I'm kind of, before velo worthy was known as SoCal Cyclist or SoCal Cyclist podcast, and I've ridden all over Southern California, LA Verdugo Hills, San Diego mostly. I'm based out of North County. Uh, but I actually grew up in Northern California. Um, where I think I'll, I'm a little bit biased. I think Northern California when I was growing up had a. And more robust cycling scene than Southern California, which was mostly crit heavy. Uh, so I grew up in the flat heat of Sacramento and um, you know, I think when I was, I. Probably two years old. My dad took me, my brother and all my cousins to this grassy park area called Ansel Hoffman Park and just said, I'm gonna teach you all how to ride a bike in one day. And we just, you know, the age gap between me and my cousins is about five years, and I was the youngest and we all learned the exact same day how to ride bikes. And then so like, Seven, six years later, uh, I entered my first bike race. Um, I was eight years old and it was a B M X race and I just loved it. You know, B M X was very, very big in the eighties and, uh, you know, the movie ET had just come out and there's a scene where they had take ET on the bike and they're like going down the hills and stuff, and I wanted to be Elliot from et I even remember wearing a red hoodie with the hood on. Just so I could pretend to be Elliot from et. And then when I was nine years old, I got introduced to, uh, road cycling, uh, by my cousins. And they all took this trip on the bike from LA to San Diego. I was too young to go, so I was there, but my brother and my cousins, three of 'em all went and they were, you know, 12. 13 years old. Uh, and, and they all did it. And then since after that I was like, I gotta get into bikes. Luckily there was this, this race, it was the biggest race in America at the time, equivalent to like the tour of California was. It was called the Chorus Classic. And it went through my town and it was the first time I actually. Got to meet Greg Lamond in person. And you know, I'm a little kid trying to get an autograph and I'm like tugging at his la claire jersey and he turns around and just gives me a smile because he was being surrounded by people. He had just won the tour of France, uh, for the first time. And, uh, since that point, cycling has, has been the only sport I've ever really known other than like high school, cross country and track. [00:03:59]Craig Dalton (Host): Okay. Interesting. So while you were in high school, I know, I know a lot of kids sort of end up leaving the sport in high school because of social pressures or other sports. Sounds like you kind of maintained and were still riding at that point. [00:04:14]Brian Co: Well, I think it was, it comes down to luck because I was just born at the right time. Like when I was a junior. I remember races being so full that they'd have to have heats and. It was actually cool to be a young junior cyclist. This is, I'm a few years younger than the Lance Armstrong sort of generation of guys like him and Hin, capi and a few others. Um, but when we were little, we all idolized being on like the seven 11 team or the postal service team, and it was actually cool. Today you see more of like. The older, older helmet, mirror bandana wearing crew that maybe thrive peaked in those days. But I think we're seeing a resurgence with, with gravel and, and a few other disciplines [00:05:05]Craig Dalton (Host): Yeah, certainly with youth, I mean, as you know, in Northern California we have big Nika League, so youth mountain biking at the high school level is insane up here. I I, the Mount Tam School high school team here in my town of Mill Valley, there's 60 kids on that team, which is an unbelievable number. And some of these kids are elite level athletes by the time they're leaving their senior year. [00:05:31]Brian Co: Yeah, it's uh, Nike's becoming the new collegiate cycling. 'cause all we had back in the day was, if you're good enough in high school, you went to a college that had a cycling team. And then I. If you were good enough to race the A category, which was like equivalent to CAT one, two, uh, you might be able to get a pro contract if you did well at a national championship. But Naica now has totally replaced that and the kids are younger, they're more talented, and even though bikes are getting more expensive and equipment is more expensive, they're able to find ways to to do that. I remember my first. Bike race as a junior. I think I was 14 or 15. I did the Mount Tam Hill climb and I was on junior Gears and one of the kids that won, he was on like the, I remember he was on the full team, Richie, uh, red, white and blue kit, and he had a mountain bike that was rigged up to be like, had skinny tires and he blew the doors off of everyone, but. Um, I just remember thinking, I can't compete with this level of talent for all the Bay Area kids. They're just head and shoulder 'cause they can all climb me. In Sacramento, I was okay on the flats and in crits, but you go to the Bay Area and they can just, they're little miniature, you know, Alberto Contours just climbing up the mountains. It was totally [00:06:55]Craig Dalton (Host): you end up, did you end up going to a university that had a cycling program? [00:06:59]Brian Co: Yeah. So, uh, when I was in high school, you know, I, I looked at different colleges. I ended up going to Northern Arizona University and Flagstaff that had I. Uh, a really big cycling team. In fact, um, the first Collegiate National Mountain Bike Championship I did, and, uh, the team got third in the Omnia behind, I think it was like CU Boulder and Stanford. And n a u is not known for a whole lot, but Flagstaff itself is a city, is, is a great place for mountain biking and just, it's at, it's at 7,000 feet altitude. And so you're, you're living at 7,000 feet, you're training at eight to 9,000 feet, and then you just, you have so much, uh, ability to do a lot. And so I actually abandoned road racing and went through like three years of a mountain bike phase. [00:07:54]Craig Dalton (Host): I was just gonna ask you that. [00:07:56]Brian Co: Yeah, rode a Bri Bridgestone, uh, fully rigid, uh, mountain bike, 26 inch wheels. And then my suspension, it was called a soft ride suspension stem. [00:08:07]Craig Dalton (Host): Uh, Brian, don't even talk to me about that. That's painful. [00:08:11]Brian Co: Yeah, [00:08:11]Craig Dalton (Host): had one of those. [00:08:12]Brian Co: jackhammer down these, down, these like breaking bumps. And I'm like, and uh, I, but at the time, like it was that, or like I think Rock Shocks had just come out with like the Judy or something. And so, uh, I did three national championships. Um, the hardest one I ever did was in Kentucky. Uh, a young up and comer from Fort Lewis. His name was Todd Wells, uh, lapped me on the last lap, and I'm like, who is this weirdo? And, uh, he ended up being one of the most dominant mountain bikers in America after that. So I, I hung up my mountain bike cleats after that point. [00:08:52]Craig Dalton (Host): So let's fast forward a number of years you find yourself in Southern California. It sounds like you were still racing criteriums. Recognizing you're not going pro, but still like many of us just loving the sport and continuing to do it. Tell me about like the transition from that to starting to talk about it on the podcast. [00:09:12]Brian Co: Oh, well, I think anyone who grows up with cycling needs, especially from a young age, needs to take a break. So I, I moved to Southern California just because I could, I could ride my bike year round, but then I ended up falling in love with the ocean and I, and I sold all my bike stuff and I ended up taking up surfing for like the next eight years straight. All I did was surf. And I even remember taking like my friends who were like pro cyclists out surfing and then they get hooked. Like my friend, uh, Alex Rio who was on Optum and Rally moved here and I was like his motor pacing guy, but I'm like, Hey, there's a ocean ride here like a hundred feet that way. Let's go get surfboards. And then he ended up loving it so much he moved to Hawaii, ended up starting big island bike tours there. Um, so I, I, I took a break from the sport. I, you know, got a little burned out. I was a little, uh, you know, it was during the whole doping e p o, you know, post live strong kind of mess. And I still followed the tour and stuff on tv, but I, I just wasn't racing anymore. And then one day, like. You know, in 2012 I just got, I, I used my beach cruiser 'cause everyone in Southern California has beach cruisers and I just started doing five miles, 10 miles, 20 miles up to 30 miles on a beach cruiser that weighs about 55 pounds with a basket and a lock. And then, uh, I told myself one day, okay, cool, I'm on a beach cruiser. I'm riding in board shorts and a t-shirt and a helmet, and there's this climb in Southern California called Tory Pines. And I, I said to myself, okay, if I can pass a guy in a real bike kit and a real road bike, I'm gonna buy myself a road bike. And I was like, I don't know how I'm gonna do it. So I, I finally, Saw somebody in a d in like a team kit. I think it was the Swamis team, which is a big team in Southern California. Cotton passed him. I was so gassed up at the top. I remember he said something to me. I think it was a compliment. My bike, it wasn't a single speed, it was a three speed internal hub. And then next day I got a road bike and started racing. And then the first crit I entered, I think it was like masters. I got. I got 13th place and then I was like 13th place with no training, but still the skills. And then I started doing more and more and more and catted up and then started doing the the 35 plus masters, which is I. Uh, probably as fast as the pro one, two, uh, guys, I mean, a lot of 'em are ex pros themselves and just started doing that and then was having so much fun. Decided to create a podcast, talking to all my friends about, um, bike racing and stuff like that. [00:12:15]Craig Dalton (Host): Nice, nice. Yeah. To your point, like in California, the master's class, like there's so many great riders and ex pros scattered across California, you hop into a Master's category. You may very well be racing against an X Pro. [00:12:31]Brian Co: Oh yeah, like I remember I was fighting somebody's wheel just so I could draft behind his name's. Ivan Dominguez, he is the Cuban missile. Just 'cause I wanted to look at his calves. I. That's all I wanted to do. And be like, oh, what gear is he using? And he's like this slow churn, you know, opposite of like spin to win, just mashing the gear. And I was just staring at his calves going, this is so cool. Ivan Dominguez, you know, former multi-time, you know, crit and Road Race champion, uh, and I'm in the same race as him and stuff like that is just, is super cool. [00:13:05]Craig Dalton (Host): Amazing. So you, you're, you start the SoCal cyclist to talk to your friends and just kind of explore another creative outlet as you've got a young child in at the home. Right. [00:13:15]Brian Co: Yeah. Well, at the time, and again, this is in 2016, there wasn't a whole lot of cycling podcasts, and the ones that did exist were very, um, tech heavy. Like they focused on disc breaks and stuff like that, which is great. But I wanted to focus on me and one guest every week for 52 weeks and to see if I could actually do it. But, and, and again, this is. Uh, people physically coming over to my house and recording. So it's the most inefficient way possible. And so, uh, I, I, I met that goal. I, I don't know why I even did it, but I, uh, you know, it started out as, as my friends in the first few episodes, and then by the last it was, you know, a lot of the top people in the sport. So I think it gained a lot of momentum after that. [00:14:07]Craig Dalton (Host): Yeah, and I can't recall how I originally found and discovered your podcast, but even before you rebranded to Velo Worthy, I was a listener, as you know, and when we connected at that first. Sea Otter, I think we were saying it might've been 2018. I was sort of fanboying you 'cause I knew you had done a lot of episodes. You're putting good content out there. Um, and it was fun to just connect with another podcaster to just trade insights. 'cause as you allo alluded to, the technology we're using back then was pretty rudimentary and difficult compared to what we're able to use today. [00:14:46]Brian Co: Yeah, you're right. Like. Whenever we record or put something out there, not just in podcasting, but in videos or anything, all you're staring at are numbers. So when you see somebody in person, you're like, oh, wow, somebody actually, this isn't all just a facade, like somebody actually is listening and we're talking about in person. So I think that's so cool. I mean, to this day, you know, most recently I was at Unbound, um, and I, I was so. Flattered and kind of validated that people would be like, oh, I watch your race coverage or your YouTube channel, and it just kind of blows me away. And I'm like, oh, really? You watch it? That's cool. And then they talk about it and stuff. So, uh, it still blows my mind. And I, I love that kind of thing. It's cool. [00:15:35]Craig Dalton (Host): so it is interesting in talking and getting a little bit more of your backstory to learn that. You know you had that mountain bike period in your life when you were back in Flagstaff. Then you come back to the road doing your thing, start podcasting Covid hits. I know you decided to kind of put the brakes on the podcast for a little while. I'm curious, in that sort of interim period from 2020 to now, it sounds like you've really kind of discovered gravel as being something that both suits you. Professionally with what you're doing with Worthy, but also just liking the, the vibe of the community and the style of riding. [00:16:15]Brian Co: Yeah, I mean 2020, you know, if, if everything shut down and there's no more races or even, like, I remember the group rides were a fraction of the size they were. Uh, why not do gravel where it's out in the open, it's. Mostly unsanctioned unless you sign up for something. And uh, I think the timing of everything just kind of worked. Um, gravel and I think gravel events kind of really took off between 2020 and now. And I think it appeals to so many people, including myself, because the rules are kind of unwritten. I mean, if I tried to do this, With a road background or a road focus, it would be 10 times more red tape to go to an event, especially like a U C I World Tour event because I, I have gone to like, uh, the tour of France and, um, Amgen Tour of California and just to go through those channels. It's very tradition based. Um, I, I interviewed one writer stuck a microphone in his face. Nathan Haas, he's, he's in gravel now actually, but at the time he, I think he was on like Catusa and he had just finished the stage and I just asked him a question and he reaches toward my lanyard with my media credential and he looks at it and goes, who am I talking to? And, uh, didn't even occur to me to like, Show him my badge. But if I did that at a gravel race, they'd be like, who are you trying to fool? Just talk to me like it. There doesn't need to be this vetting process. Um, so I think gravel gives that kind of freedom. [00:18:01]Craig Dalton (Host): So we don't, so the listener doesn't lear lose the thread here. Let's talk about velo worthy and what you're working on today because it's not a podcast anymore. [00:18:11]Brian Co: No, I, God, I, I need to get back into podcasting 'cause I miss it so much and I'm so excited just being on a podcast like, energizes me so much. But, so velo worthy is primarily, uh, a digital media brand where, uh, For lack of a better term, I make videos and put 'em up on YouTube. Um, but the, the thing about it is I've found this weird niche, uh, with my brand that not many other brands are doing. Um, you're either, most people, you know, if you're like, I. Tyler Pierce, a k a vegan cyclist, you're a vlogger or you, you focus on yourself and your accomplishments. Other writers do that as well. Um, Adam Roberts has his own channel, for example, Alexi has his own channel, for example. So if you're not that, you're either a, a. Working for a media brand. So if you work for Envy or something, you're just doing envy content at these events. But right now there's really nothing that captures the holistic view of an event where you're ca, you're not beholden to one writer necessarily or one brand. You're just trying to cover everything, which is a lot of work. But I think there's something to be said to. Sort of capture an unbiased view of what goes on at cycling events and just seeing things, how they unfold. [00:19:36]Craig Dalton (Host): Yeah, I think that's the thing that I take away from your videos is that you really do get the sense and feeling of the event. It's not a, an overly packaged, overly produced look at the entirety of the event. You really do. Because you're on the ground, because you're moving through the course, you're capturing footage that's just feels real, like you're seeing the mud on the tires. And when it comes to unbound, you're seeing the jockeying for water. At some of the stations, you're seeing how the riders are handling their pits. And I just feel like as a viewer, you do get a really strong sense of what it's like to be there versus this overly glamorized kind of prepackaged view of what the race weekend experience looked like. [00:20:27]Brian Co: Well, first of all, I'm just not good enough to make something highly produced because that takes a lot of talent, you know, to get that nice, you know, transition effect or whatever. But all kidding aside though, I really like, um, being in the moment, you're kind of up close and personal and, and the thing about gravel racing, the biggest flaw is it's not good for spectating. You start and then you finish either in the same place as the start or a different area. I mean, at least in road racing, it's criteriums and you can just watch lap after lap, have it unfold. But with gravel it's so hard to watch. Um, and so I know that if I film for 10 hours straight, that's kind of boring. Uh, no one's gonna watch that. But if I condense it into. Less than an hour or 45 minutes, or even a half an hour. Um, it can really capture the things that are unfolding. And unbeknownst to me, I didn't know that my footage was gonna be, you know, used for feed zone drama or finish line drama or any kind of drama really, but, The writers are not shy out on course. They'll ask me, what's the time gap? They'll ask me how many guys are ahead, who's in that break? They're asking, they're not asking for directions or anything. And I do follow all the rules of um, I. The race. So if a writer needs assistance and we're not allowed to give it, I don't give it, I just record. Um, so I think the relationship that I versus, uh, you know, a, a local news channel has, uh, at least knowing and following the sport and knowing the writers. And how it's unfolding and posting up at the feed zones, capturing what may or may not happen, uh, whether people wait up or they just hit the gun and go for it. Uh, makes for good, good video. [00:22:21]Craig Dalton (Host): Yeah, and I think as a fan of the sport, your types of content just help fill the gaps like we might see. Throughout the day, the social media coverage, but the clips are quite quick and much to people's chagrin because it's so hard to get coverage out there, you're just not seeing it in the way you want. So you don't necessarily understand what happened in the race until after the fact. And I was enjoying this morning watching your Unbound video 'cause it just sort of, Added levels of detail and little bit longer clips of content to really get a feel. You know, I obviously many of us have read about the mud conditions in this year's unbound, and it wasn't until I saw some of your, your video that I could sort of understand. Oh yeah. It's that peanut buttery type mud where it looks glossy until you put your tire into it and then it just sinks down a couple inches and it sticks to absolutely everything. [00:23:18]Brian Co: Yeah, this, this year's unbound wasn't necessarily the the dirtiest, but I would say that section of mud. Made the race. Uh, I, I would say it determined who won and lost in that first 11 miles. Uh, but you know, again, you can have the debate of you just gotta be hard and power through it. And if everyone's going through it, then you shouldn't complain or. Do you reroute it last minute and make some changes? So it's actually more of a open, right, where you're, you're riding your bike, you're not running five miles since most cyclists hate running anyway. But yeah, like I, I just, I think, you know, I, I try and show and capture what people would hopefully wanna see. So it's stuff like the mud and, and the pit stops, especially this year. Who's getting a bike wash? Who's not, uh, who's. There's a little section of Sophia that went through the pit stop and it got two and a half million views on TikTok. Just the 60 seconds of it with people going, everything from, why can't she switch bikes to, uh, why does she need to power wash her bike at all? Like, so it's, a lot of it is curiosity. A lot of it is, okay, this is what I heard what happened. I wanna actually see it. So, um, it, it, it's hard to, to get in those areas though. [00:24:45]Craig Dalton (Host): and you've, you know, through a lifetime of cycling and connections you have, you clearly have a good rapport with a lot of these athletes. And it was interesting as that video opened up and, and you're speaking to some of the athletes, I, I thought that was cool. And then you, you do do like morning of start line commentary, and I think there was one woman who said something like, Well, I'm glad it didn't, it's not raining right now, or it seems kind of dry and I thought that statement is not gonna live well. [00:25:13]Brian Co: Yeah. Well, the thing is too, as much as I. You know, I think this is my fifth unbound. Kansas is like Hawaii. The weather just changes on a dime. So it could be sunny, perfectly sunny, not a cloud. And then they just roll in. Um, and a lot of people who aren't from Kansas just aren't used to that. Like even me, I should know, to bring galoshes and, uh, a poncho with me and a plastic wrap for my camera. But I. I didn't because I'm like, oh, the weather looks fine. You know? 'cause we're in California. It rarely changes that drastically. Uh, so yeah, I think I. The relationship I have with the writers is solid. I try not to, to burn people for the sake of burning people. I, I had a good talk with some of the more well-seasoned journalists, and I said, when do you, when do you know when to publish something and when not to, like in the case of Lance Armstrong, no reporter reported anything about him until only one reporter did, and then everybody did, and they said, look, If you wanna burn somebody, you have to do it if it's for the greater good of the sport. So if you know somebody's doing something nefarious, like cutting the course, or cheating or taking drugs or drafting off of a vehicle, you should probably document that and mention that and show that. Don't, don't not do it just because you're friends with them and they ask you not to do it. [00:26:46]Craig Dalton (Host): Right. Yeah, [00:26:47]Brian Co: is always hard because you're like, okay, if I do this, that means you're never gonna probably wanna interview with me again. So that's, that's something I have to decide on the fly. [00:26:57]Craig Dalton (Host): Yeah, that's the balance. You talked about sort of your efforts to make velo worthy, this video project that people can enjoy on YouTube. You also talked about how you've been excited about coming to Gravel over the last couple years. What does the summer look like for you? What are the types of things that you wanna document this year? [00:27:16]Brian Co: Well, I, I'm learning that I'm not able to sustain what I'm doing on velo worthy unless we have an unbound every single weekend or at least a level of an event, the size of Unbound every single weekend. So I'm actually learning that, again, this is a complete shock to me that brands. Will actually reach out to me and say, okay, we want you to review this tire. Or thinking that I'm some sort, sort of expert just 'cause I go to these events. But, uh, yeah, it's kind of cool, like I'm learning the tech side of it all and doing videos where, uh, I'm reviewing saddles or sunglasses or something. Um, where, you know, in my opinion, I review something. Say sunglasses based on how they look versus like the, the technical prowess of it. And so that's always cool because it, it forces me to just expand what I'm doing and, and you know, you have to have this healthy balance between what you're passionate about versus what people want to see. And if they don't line up, then you have to make some decisions. But, um, You know when, when I'm gr interested in growing velo worthy, it depends on how I define growth and what I want that to be. Because if I could, I could be another channel where I'm just doing all tech, and some people love that. But for me, I like the human story. I like the human drama of it all. [00:28:53]Craig Dalton (Host): Yeah. I personally think that's more interesting as well. [00:28:57]Brian Co: Yeah, and then maybe show like what tires they're running at the same time, [00:29:01]Craig Dalton (Host): Yeah. I mean [00:29:02]Brian Co: not mutually exclusive. [00:29:04]Craig Dalton (Host): exactly. I mean, there's the personal element of like why I chose this tire for this particular event and why it was successful or unsuccessful as a choice. So what's, yeah, what's next? So you're out at Unbound, and I know you'd mentioned to me offline that you've got a bunch of gravel events you wanna cover this year. [00:29:21]Brian Co: Yeah. So in between Unbound and the events I'm doing, I have it, I have this like glass wall on my wall here that I take a pen and, and write to, and I have like a whole video queue and one's on doing a tire review, uh, a review of, uh, the new, uh, specialized truck, gravel bike that I'm trying to convert into a all in one bike. Um, and then I have, uh, Foco Fondo in Fort Collins. I'm going to a small gravel race, but probably the most fun you'll ever have on two wheels. Uh, Whitney and Zach Allison put it on and they have. Such a good pulse of what makes cycling events fun. Um, doing that, there's Leadville, uh, which is mountain biking, but not super technical 'cause a lot of the lifetime athletes do it. And then Steamboat, s b t is the next week after that. And then there's also Montana, uh, mammoth Tough. Sporting the mammoth tough T-shirt. And then, uh, there's National Gravel, national Inaugural Championships, which we'll see how that even works. Some people may be like, Hey, this is awesome, and other people might say it's killing the spirit of gravel. The minute U s A cycling gets involved. [00:30:47]Craig Dalton (Host): so we'll see. So when you're out at these events, are you gonna sort of follow a similar format where you'll. Capture some athlete interviews. Capture as much of the course as you can to kind of give people the experience. [00:30:59]Brian Co: Yeah, so I actually plan it all out ahead of time. I use, you know, I have a Google Sheet doc. I type in each day, shot lists for everything. I'm very methodical, you know, charge up all my batteries, clear my, and format all my memory cards. I have all my equipment out there. I work on logistics. I get in touch with the athletes ahead of time and we plan, okay, we're gonna meet at this time, at this location. We're gonna sit down for five minutes and talk about this thing. And then when you get there, you know, everyone has a plan till you get punched in the face and then something could happen, it could rain. Uh, the athlete could be like, I don't feel like showing up. I've run into just every logistical thing you can. And so when you're there, you have to adjust on the fly and be like, okay, like at Unbound. There's this whole thing I did with Rebecca Inger where I didn't know she was gonna get sixth and she's this big personality and gravel, uh, and she just saw me and she's like, Hey, come walk with me. And I followed her and we went to get a race number at registration and I just started documenting that. And then I was like, well, why don't you just come over for dinner the night before? Bring Sarah Max, her friend. They're both like super solid in gravel. They came over for dinner and then I was like, let's just go in the living room and we'll film real quick. And they, they were sort of the intro to that video. None of that was planned. That was all spontaneous. So yeah, like you can only plan so much until it actually happens. And then when it does, you have to adapt it kind of like racing itself, you know? So, uh, in a ways it's, I I approach those events in the same way. [00:32:42]Craig Dalton (Host): Yeah, that makes sense. Sweet. Well, I'm super excited to see all those events you're gonna cover later in the year. I definitely, I wanna get more of the flavor I've had, I've had Whitney on talking about Foco Fondo. I've had Jess, Sarah and Sam Boardman on talking about Last Best Ride. I'm always curious to just kind of see on the ground footage of. How those events will go down and what the experience looks like. Because I think at the end of the day, most athletes who aren't professional athletes, you know, we've got limited time and limited budgets to get out there and picking the events that are gonna be the right vibe I think is important. I. [00:33:19]Brian Co: Yeah. You know, and not every event needs to be documented in the way, say, Unbound is because not every race is about even focusing on the pointy end, especially if it's a smaller event where people just kind roll out. There's no neutral, there's no gun that goes. People just roll out and then they finish. They still ride hard. So I have to figure out a better way to tell the story. 'cause if I just focus on the leaders or one guy or girl, that's just gonna get boring and because there's so much that happens behind that. There's people on tandems and there's people on all kinds of weird gravelly, custom steel alloy, flannel, mustache, whatever. Like it's just, there's so much going on that I, I, I need to be able to capture that as well, so, [00:34:13]Craig Dalton (Host): Yeah. No, I agree. I, I mean, I think I've, I've done an equal part of like pointy end of the race racers and mid packers, and I know. It seems to be a growing trend. 'cause I think at the end of the day, part of this quote unquote spirit of gravel is we're all participating together. So I do, I tend to agree with you that the sort of flannel shirt, wearing Mustached party pace athlete experience is every bit as valid to understand as part of, you know, what the overall event jam is gonna feel like as the pointy ended. In fact, probably even more so. [00:34:47]Brian Co: Yeah, I mean, I. Some people finish Unbound in 10 hours and some people finish it in 20 hours. So for the people who are finishing in 20 hours, they had, they spent more time at Unbound than the pros did. [00:34:59]Craig Dalton (Host): Yeah, no, I, I, I remember back from my triathlon days at Ironman and thinking like, you know, you have the pros finishing in whatever, seven or eight hours. Then the person who's finishing in 17 hours. That is such a harder day, and I think that most of the pros would acknowledge that saying like, they don't think they could even do a 17 hour day. [00:35:21]Brian Co: Yeah, and the pros are asleep and they have their feet up and they've already had a couple of beverages consumed. I don't know. I've been last in bike races before. I've d NFD in bike races, uh, and I've been in bike races, road bike races where I've come in. I'm pretty sure dead last, where they're like taking like the finishing barriers out and I just kind of like hide. But in gravel, you see like at mid-south, they're celebrating and embracing whoever finishes his last, like at Unbound, the XL winner I think did it in, they finished on like a Sunday afternoon. They started on Friday. Uh, and they, they brought out everyone and sprayed champagne on 'em. And you just don't see that at other events. [00:36:09]Craig Dalton (Host): I think that's the allure of the ultra endurance events that are prevalent in gravel, right? Because these are lifetime achievements to kind of do a 200 mile race or what have you. And yeah, everybody should be celebrated. Everybody should feel an immense sense of accomplishment for just having got a getting across the finish line. [00:36:29]Brian Co: Yeah. I met, I'm met a, I'm met a volunteer. Who was doing the finish line, like wet shammy, butter washcloths, those yellow ones. And I'm like, oh, where are you from? He is like, oh, I'm from Florida. And I'm like, you came all the way from Florida to be a volunteer and you're not even writing the event. He's like, yeah, but being a volunteer gets you entry for the next year. So you're already, you're already doing prep. Well before you're, you can even do it 'cause the lottery system is so random. But if you volunteer, you're guaranteed an entry. Or if you're a vendor, you're guaranteed an entry. And people, I forget, travel I. Just to volunteer. You would never see that. You would never see that at a crit as much as I love crit racing, or you'd never see it at a row race where someone volunteers a year early just to just to throw wet rags on somebody just so they can race it the next year. That just speaks volumes. [00:37:26]Craig Dalton (Host): yeah, it really does. Cool. Well, Brian, I appreciate you coming on and sharing the story. I'll make sure people know how to check out the content so they can explore. The velo worthy YouTube channel. [00:37:38]Brian Co: Thank you. And, uh, you know, I, I, I, I think that a lot of room to grow, not in terms of traffic necessarily, but in the way I. People like you and me develop within the sport. Like we're not, we don't have the advantage of being ex-professional with a big following. So like if Peter Seg wants to start his own podcast, we're just doomed. We just are. But I think we just grind it out. We're there, we're talking to people. We're learning and we're creating, I think a great. Space in the sport to have voices like these. So I really appreciate the opportunity to be out here and talking to you because I just love what you're doing and I, I love being able to share my passion for the sport. [00:38:29]Craig Dalton (Host): Yeah. Amazing. Thanks Brian.
Upington City technical director Ruben Cloete says the club will not discard the core.Team's promotion to NFD a boon for Northern Cape
On today's show... Thoughts on ‘Plus 1 Permission' I need some space from my incriminator friend…. How's your relationship these days? With karma…. New Trend Alert Got some NFD for you…… Nira Friend Drama How do you answer this ‘Massive Pressure' question….. Thanks to Gwyneth Paltrow everybody's talking about ex sex
Please excuse the sound quality. This chat was simply recorded from the Microsoft Teams call with participants in contexts with variable internet quality. The blog mentioned in the podcast can be found here: https://st-eutychus.com/2023/future-church-and-future-blogging/ . This is the first of a series of excellent, deep, rich articles on the topic. As mentioned at the end of the episode, if you have comments or questions, please post them to our Twitter or Facebook and we will address them in a future episode.
Comment pouvait-on mieux boucler la semaine ? Vendredi nous avons eu droit à nos fameux NON FARM PAYROLLS et visiblement, on ne se lasse pas de voir nos chers analystes se rater magistralement.
NFD, The Waning Moon, Astari Nite, Cathedral In Flames, Orcus Nullify and more.
New music by Vision Video, Derision Cult, Last July, Psychodrama, Mercury Machine, Corlyx, She Pleasures HerSelf, Ground Nero, Götterdämmerung, NFD, Zwaremachine and two future releases by Gothzilla and Cult Strange this week.Playlist:Toyah - Ghosts, Vision Video - Death in a Hallway, Derision Cult - Slaves Rebuild (ft. Reeves Gabrels), Last July - Swear, Cult Strange - Torn, Psychodrama - Left Hand Path, Mercury Machine - Remember, Corlyx - Atrophy, She Pleasures HerSelf ft. DBoy JE T'AIME - Insane, Ground Nero - Dead World, Gothzilla - A Question of Trust, Götterdämmerung - Common Existence, NFD - Surrender to My Will (MGT Imperium Mix), Zwaremachine - Effigy (I'm Not An)
On today's show... Have you heard of MAN MANifesting…..? Do you eat like a king? Royal food etiquette… We've got some NFD for you - Nira Friend Drama – Her friend owns something and she thinks it may be turning men off! What does your favorite Rihanna song say about you?? Asking for a friend: how many outfits do you need for a 5 day trip? There's a new parenting milestone: Reverse birth Have you heard of Request Respect? Apparently the real problem with Adam Levine and that he wasn't doing it right... Is shorter actually longer?? And is longer actually shorter??
Theme: The Floor is Lava Don't trust floors in low volume periods. Affordable project: ALPACADABRAZ - Collection | OpenSea NFT NewsNFT Headlines: NFT Fund Starry Night Goes Dark on SuperRare - The Defiant Nansen Connect to Rival Discord as Hub for NFT Communities New Generative Art NFT Marketplace Archipelago Backed By Tyler Hobbs Why Solana Is Going Big on Mobile—And Making a Smartphone Transcript: [00:00:00] Today on all about affordable NFTs, the floor is a lava. Why we gotta be a little suspicious of low volume floors when we see 'em all right, Andrew, what do you see in the news? Yeah. So we've got, uh, you may have heard some things recently going on with three arrows capital, one of the big hedge funds. I think we talked about them, but they have an, an NFD collection that they have put together under the name of the collector, uh, going the, the group going a starry night. [00:00:30] Um, so you've seen recently, or some people have noticed that all of their. NFTs have been moved to just a single wallet now? Um, not much, uh, not much news beyond that, but it does look a little, uh, looks a little odd, um, from where they had these all in many wallets before and now they are face potentially facing some insolvency issues. [00:00:52] So could see where they may need to be selling their NFTs at some. Uh, what. Would presumably create a discounted price, um, to what they paid for. So keep an eye on that. I think that is interesting. They have, it's a, it's an impressive collection. Um, yeah. What kind of, what kind of stuff are they long on? Uh, so they've, I mean, they've got some, some, uh, some max copies in there. [00:01:14] They've got some, uh, DK motions, some, um, some other, I mean, I, I, I haven't looked at the entire thing, uh, specifically, but I know it's a, I've noticed them put some. Or make some big, big, uh, buys, uh, the past six months or so I think they've also got some, um, Some high end art blogs pieces in there. So I'm sure there's gonna be people watching what happens with this because, uh, you know, like I said, it's, it's a pretty impressive collection. [00:01:40] And if, if someone, if someone's going to, if someone is forced to liquidate, I'm sure there's going to be, uh, buyers at a, a certain price, you know, but it will be a big discount, I would think. Yeah. That's an interesting one. Not affordable, but interesting. Yeah. Not affordable at all. [00:01:56] Let's see we've got so Nason is a, uh, an analytics platform, uh, does a lot, um, with the NFT space and they are launching Manson connect as a, I mean, they're saying to rival discord, but as a communication hub for NFT communities. Um, so we have talked about the need for. For other alternatives, uh, to disor and it looks like, um, N has launched one here. [00:02:24] And, you know, I'm curious to see where this goes. Yeah. Um, I don't know much about it, but, um, you know, more web two in it. And let's see, we've got another NFT marketplace launching. This one is called ACAP archipelago. I always have a hard time saying that word, but it is, um, backed by, uh, the artist Tyler Hobbs. [00:02:45] He's the art artist behind, um, Denzo the Denzo collection. So this will be a generative art specific marketplace. Um, A lot of art blocks, but also other generative art on there. So, you know, we've talked about how, uh, these new marketplaces are popping up and specializing in specific, uh, areas of the NFT space. [00:03:05] And, uh, you know, that's what we're seeing here with this one. Hmm. [00:03:08] You know, I just like how many, how many marketplaces for generative art can the market sustain and, and support? I think it's really just about. What artists can you get in there? And I, I think it's hard for a new platform like that. Maybe to be a resource for launching new ones, as opposed to giving maybe the opportunity to find existing artists that have like collections and like you might be able to snipe some interesting opportunities that way. [00:03:37] Yeah. So I think this is a, you know, more of like a, this third part, you know, a, a marketplace where you can buy and sell generative art pieces, not necessarily launching new art collections from here, but, uh, just like an open sea for generative art specifically. Um, so I assume that they will have more features that are, uh, you know, specific two generative art, specifically some of the, the traits and filters. [00:04:00] Aren't great on open sea for some of these collections. And I imagine that some of that will, uh, you know, they'll, they'll build. Things to work specifically for generative arts, um, you know, with Tyler Hobbs name, I'm sure that it will get some attention from, from collectors in that space. We tended to say this thought for a future episode, but I get the sense that like we're like reaching a peak for generative art. [00:04:24] I think there's a certain point at which the bloom is off the roads and it's no longer novel. Just the medium of it. It'll be really much more about how you're actually using it. Especially as I look at the advancements that are about to just roll on with D two. Uh, G P T three open AI extension of, uh, generative images that can be done by like, just text alone. [00:04:50] It'll no longer be like, oh, how cool you cobble together? These like, you know, uh, adversarial networks and like started with this like unique process. It's gonna be somebody writing a couple sentences and shit. And now, yeah, we got Agans are different than generative. Um, in the way that I, you know, generative art in the space is generally looked at as like, this is the code that produces this output rather than here's a bunch of images that we feed to make a new image. [00:05:17] Um, so I see those as being, as being different. Um, yeah, we are definitely seeing some, those Dolly two images are some interesting stuff coming out there. This is a, this would cut me by surprise. Saw this headline today. Solana is launching a smartphone. Um, so this will be a, as far as I know, the first web three native smartphone. [00:05:38] Will have features more built in natively to the OS. Um, so that you're not necessarily, I mean, I think if you, any of us have, have used meta mask on, on your phone or tried to do much on the phone, you realize that you're kind of jumping around from, from different app to app to get things, to work and assign the transactions. [00:05:58] It's not ideal. Um, so I think. There is, there's some opportunity here to improve that. Um, I'm not entirely clear how this is going to work with work for Solana at this point, but, you know, I it's, I imagine that we'll get some, you know, this will have payment features so that you can pay easily using crypto. [00:06:18] Um, that's what I said in announcement, at least. Yeah. So it's interesting. We'll see what happens. I don't know. As a rule software companies don't fare. Well, when they just jump on into the old hardware world and assume that like, oh, you just can kind of roll that out. But, you know, um, I don't know if there's particular advantages that being native web three will, will have when it comes to mobile tech. [00:06:47] Uh, I'm not optimistic about it, but I am interested in, in what they find out. It feels to me more of. A well functioning application on an existing phone than a phone phone, but, Hmm. I mean, as long as you're fine with your call getting dropped, I don't know, for seven hours at a time because you can't keep the network up. [00:07:07] I'm good. I'm good with that. Oh boy. Oh, oh. T-Mobile can we hear you? . All right. Well, what have we got for a affordable project here? We've we've we've got one. I feel like we, uh, you know, we didn't have the best, uh, we rehashed one last, uh, episode, so, well, I'm glad we've got something here, George, you brought one to us. [00:07:26] What have you got? I have found the thing you say it first I'll pack a PAC cadavers, PAC. Deborahs all one word and it's, uh, an alpaca themed, uh, type of PFP will say, and I'm talking about, um, not their 3d collection, but their Genesis collection, current floor price. At 0.2, they have 9,700 items, roughly speaking half owners. [00:07:55] So that's a pretty good mix of owner distribution. I'd say. And the, the team is, I hate saying this, but semi docs where they have a team, I can see, but they're, you know, Twitter profiles, they do list the team. There are a number, uh, of them, uh, working on this project at least 12. I see. They have. A bit of a classic run the play with regard to their roadmap, focusing on the metaverse, but they're doing it as sort of a play on other people's lands. [00:08:29] So they've got a foot in NFT, worlds, sandbox, web land, other deed, arcade land, but more importantly, it seems like they're trying to build mini games inside of those ecosystems, including not limited to a mobile game they're planning and. I think it's affordable. I found it also on, um, uh, the, the wame.io, but it's actually had some, some interesting price movement recently. [00:08:56] So I don't know if you're, you're also seeing that Andrew. Yeah. So I, this is one that I looked at a very long time ago. Um, and I remember that it had actually climbed up. I mean, looking here, like this is, this was up over half an eighth at one point. Um, Hannah's come back down, but yeah, we're seeing some, we're definitely seeing some action still here. [00:09:16] It's actually, I see it at the end of, um, end of last year, looks like it was hitting at one point. Yeah. So this is really had a run. This has really come down, um, from there. And I dunno, we're also kinda seeing like this, this 0.2, um, floor looks like it's, you know, looks like it's holding fairly strong as a, as a floor. [00:09:39] Um, you know, seeing some sales under that recently, but not a whole lot. Um, so, you know, I think that's something we've we. We've talked about, and you know, these, these, the collections that do persist with sales and that you do start to see like, well, this is really where the floor is. Um, you know, I think that's, that's good to get there, you know, not saying that it can't go lower, um, you know, famous less words. [00:10:01] Right. You know, as soon as you, you buy in, it can go lower of course. But, um, but I think it is good if you see sales over time, you know, that are, you know, they get picked up when they do get much below there. Um, and I do like that. I mean, they do have a big team, like you said, it's semi doc. But I recognize a lot of the people that are here and it, you know, they, they are people that have been around the space for, you know, relatively considerable amount of time. [00:10:23] Um, you know, considering the age of the NFT world. Yeah. I mean the gray boys was it the little NFT characters and they were like focusing on that. It's kind of like that play where you're just like, I I'm past trying to get up on sort of acquiring land, but acquiring the, the players. And the builders that will be trying to work across the land with across brand types of components. [00:10:52] And these folks seem like they're developing stuff. I don't know, you know, not financial advice I'm talking about, you know, two D P F P Alpac is done with pixel art. So there's that full disclosure. I don't own any, but tend to get into. I get in my own head of being like, I'm gonna feel like a real dope if I don't buy the thing I talked about. [00:11:13] So don't be surprised if you see mostly, most, mostly stable creep into the creep into the activity there. Yeah. Easier. I'm gonna float some bids. I'm gonna, I'm gonna float some bids, maybe, um, maybe I'll use genie. There you go. Yeah. I mean, uh, yeah, definitely worth floating bids. I think we've talked about that. [00:11:34] You know, that's, it's a good play right now. I think you can get a lot of things, a lot of, uh, offers accepted and try out that new, uh, that new collection offer feature on open sea. That's that's pretty cool. I'm so glad you brought that up. Uh, because they, they bought it and they implemented it right away. [00:11:49] So like, just to talk this through, there is now a collection make collection offer. So this means I'm literally just saying I'm willing to pay, you know, in case of this, I'll, I'll throw a dart at 1.5, a 0.15, sorry, 0.5. You're gonna wanna be careful. You put that 0.5 and I can put an expiration date. It looks like of one day, three day custom date. [00:12:13] And now this means like anybody who wants to sell one of these Alpac Cadas. We'll see that and be able to say, okay. Um, so I, I'm not really getting to choose on trade. Am I you? Well, you can put a, you can select, if you want to do a specific attribute on most of the collections, I have noticed that the, uh, it's somewhat different on various collections. [00:12:41] So I can put a collection note. Like I want a body of a standing, cuz I have no clue what the rarity. The rarity special, unique. I think they've got, you know, attributes in here. [00:12:53] I am checking it out yet. I actually have not done. Yes, you with this, you cannot do any kind of, uh, offers on or any kind of attributes on the PAC Cadas it seems like it is on some collections and not on others, but so this, yeah, you'd be making a collection offer similar to how it's done and looks rare already where you can make an offer. [00:13:13] Anybody that holds one could accept that. Um, but yeah, I think it's, I mean, I think that is a, well, I know it's a whole lot easier than trying to make offers on, you know, the, the five or so that are just among the floor. Um, so this is, it's a nice feature. Um, and I think it adds, I think you can add a lot of liquidity to projects, um, makes it much easier. [00:13:34] Um, For these offers to even, to make the offers that people that maybe weren't so interested or, or didn't yeah. Didn't we say like 10% of offers are getting accepted these days. I think it's, I don't know about, yeah. I mean, I've seen some big numbers of like the percentage of sales right now. The number there in with have been has been it's been up there. [00:13:54] So, uh, yeah, definitely try those wealth offers. If you are buying it into any of these projects, I think it's real smart. Yeah, I might put little fueler, little fueler, bet. Know what George is gonna be doing? George, you gotta finish the podcast. No, I got a thing to do. Sorry. I'm busy. Alrighty. Uh, that's your affordable project and good luck to. [00:14:17] All right. So let's get into our topic here. Low volume projects and floors. Whew. What's the problem, George. the floor is lava. All right. The floors lava injury. It means it's gonna get, it's gonna a burned, right? It's a little. Well, well, metaphor here is that with low volume, I've had this thought of, you know, both on the rise up and the rise down, but you know, you, you watch the price sort of hit this peak in your, in your mind saying, oh, if only I had put a high price on it, it definitely would've sold when it hit the peak. [00:14:50] The point is like, In and around there, like the amount of volume really is thinned out and in general has thinned out, which just means that you just need everyone to agree to a certain price and set the number there. But especially, I think when you reach that peak, you, your likelihood of being the like three things that sell at a peak at that floor being like when it gets up there is minuscule. [00:15:11] So if it, if you're the type of player and I was until I really thought about. If you're the type of player who's like trying to time it. So I'm thinking about selling my, my flower fan thing. Like, oh, how, how can I perfectly time? The peak, the truth is only like a handful of people are going to get that sold at that floor when it reaches there. [00:15:32] And then it's going to drop quite precipitously from wherever that is because the floor is lava because there is low volume. If there's only three people bidding on a thing being like, all right, I'm good. And. It doesn't matter what you set the number to. No, one's buying. Yeah. I mean, I think that's yeah, low volume. [00:15:52] I mean, I think you just really can't trust the floor. I mean, if you it's almost, I mean, it's almost an indication that the floor is too high. If the volume isn't there, um, otherwise, you know, somebody would be buying it. It means generally speaking that the price is gonna have to come down before someone's ready to, to make the offer, uh, or to make the buy, um, you know, it's. [00:16:13] Not always the case, but you know, I think you start seeing that to get the sale. You'll have people that will. List, maybe, you know, 20% under what the floor is because you need to make it somewhat attractive. And as we know, you know, once one person undercuts, uh, you know, you you'll get others doing it as well. [00:16:30] And you know, this is really just a matter of there's more people wanting to sell than there are buyers out there at that time. And it's, you know, the prices can drop pretty quickly when that happens. I feel like there's a metric missing for. Some of my evaluations right now, which is like rolling 10 day volume sales, average, not volume. [00:16:53] I don't like what I don't like is that we're handed volume as opposed to transactions. I wanna know average transactions trailing 10 day. And, you know, just to come like to, to put my money where my mouth is and my math should be, uh, for the Alpac Cadabra, I feel like I'm nailing it on pronunciation, by the way. [00:17:15] Not bad. Your dad's. We have like, it, it fluctuates between like it's a range of a low of three and a high of, uh, a high of 12 trailing 10 day. So not huge, but there's movement. Right? There's a little bit of life there. Yeah, I think that's, I mean, I think that's a good, I don't know, potentially a good metric that they could add, but there's definitely, you know, looking at the total volume really, isn't a very good indicator of what's going on with the project. [00:17:43] You know, as we know that there's a lot of projects that start hot and that's where, you know, 80% of the volume comes and then it's. It's slow after that. Um, so it's not great. I mean, and I get your point about even putting it in not necessarily volume, uh, but in the number of sales, you know, a high price project, obviously the volume is going to be much greater, but it doesn't mean that price is holding any steadier. [00:18:06] It just means that it was a, you know, that it's higher prices than the lower price projects. Um, I think trying to look at the number of sales look at, you know, how it is recently, you know, it's, you know, right now when you're going on open sea anyway, Kind, I mean, to get that information, you're sort of just looking through the sales history, um, you know, these, their charts, aren't interactive. [00:18:26] You can go and, and get information on this other places. And, you know, it's something that I do a lot, but, but yeah, I think you're, you're right in pointing out that it's the, the metrics aren't fully giving a full story of what's going on in the collection at this at any given time. Yeah. And it's exacerbated by volume. [00:18:43] I, I don't know what, how to say high versus low. In terms of number of transactions, cuz it's, it's really thrown off by the power law of looking at what, you know, the top crypto slam, blah, blah blahs have, you know, like, oh, a number of transactions, you know, 58,000 on so rare. Or if you're looking at like right now, the duplicator drop right from doodles, we were talking about doodles the other day. [00:19:05] I announced that at Ft NYC, like, you know, they're doing like, uh, 800, 800 transactions the past seven days. So. Those are it's different. I'm looking at projects that have just been quiet, right. Quiet for, for a bit. Um, but still have like a base level. Like we haven't completely forgotten about you kind of thing. [00:19:26] Yeah. I mean, I, I think we've, you know, we've talked about that when looking at some of these projects right now, we wanna see that there's still some sales going during this time, you know, because if it's, if you got nothing right now, um, you know, it's gonna be hard to just have it come back because of a market turnaround. [00:19:42] There's a lot of other projects that are taking attention. And as we know, that's a lot of what NFTs are. It's. You know, who can get the attention and it's hard to get it back if, uh, if people have moved on. Um, so I think you're right in saying like, where are people still paying attention? Where are people trying to scoop up some deals and look at that, you know, try to find, I got a fun game. [00:20:00] I have a fun game. I just made up. All right, you're ready to play. You're gonna guess the seven day transaction amount for, for different projects I throw out to you. Right? So total transactions that have occurred over the past week. Are you ready? Max pain and friends. Ooh, how many transactions? Uh, man, I don't know. [00:20:21] 30. All right. 62. I'm trying to build a little muscle for us. All right. So it's like they're, you know, kicking around close to 10 a day. Okay. So we get that type of project. Um, let me see another one for you. Um, going to go with. [00:20:37] Oh, ACU guitars. What do you think? Number of transactions past seven days? Um, let's see, I'll go. I'll go with 50, according to this 96. Okay. I I've been about, uh, I've been about half the number on both these so far. Well, it's just intro. I'm trying to build our muscle here. Uh, alright. You wanna do one more? [00:20:59] Sure. Let's do one more. you're like, why am I playing this game? What is, I'm gonna double whatever I think. And then I should wait, but then I'll I know you'll choose. All right. Alright. All right. Right. Let choose one that let choose one. That'll be good for your, okay. I feel like you have a good pulse on cool cats. [00:21:24] What do you think? Ooh, you know, I don't, I don't have much of a pulse on that right now. Uh, I have not paid attention and I'm not sure how the pulse is there, but ah, let's see. Cool cats I'll go with, well, I'm gonna go with one 20. 1 43. You're getting better. Ah, all right. Getting better. all right. So there was a, I mean, look, there's a semi point to this game, but I think I want to build up that muscle and hopefully like you were playing while we were just having this conversation, but to try to understand, like, so we just said for the PAC Cadas. [00:22:00] That we saw that many transactions going on for like, all right, they're doing about, you know, a range of call at seven a day. So you can begin to say like, where does this stack up? Like in terms of signs of life, because I don't like the metrics that were handed. And so I, I, I really wanna tune that a bit more to understand if the floor is lava. [00:22:19] Yeah. You know, I'm thinking about it in some, almost like a, a, an inventory turnover type of, uh, metric, you know, you wanna see like how, you know, how big is the collection, how fast these pieces selling. Um, and I think that is more, more meaningful than just volume. Um, you know, we, we know that volume is, is, I don't know, pretty blunt, uh, measurement to be using for all these different collections. [00:22:42] And it's , I don't think it really gives us much, much information overall. No. Here's the other thing with volume is that one rare piece sells for like 10 X the floor. And so you're like, oh my gosh, this project is ripping. And you're like, no, a whale came in and wanted the super rare piece in this collection. [00:23:02] But that doesn't mean biscuits for the floor. Yeah, exactly. I mean, we, yeah, it, it, it, it's a vanity metric, really, I think at this point, and we've seen that people know how to game this. They also know that that is the ticket onto the leader boards and we've seen over and over again, that new projects come on, get hot, make it onto those leader boards. [00:23:25] And then most cases, they just, the price just slowly fades after that. So, you know, volume is a, is a. It's one measurement that is being used way too widely right now. And it doesn't give you much information about how quickly can you actually sell your piece and how firm is the four? How, how realistic is this number and how much has it been tested, tested by the market? [00:23:51] Absolutely. All right. That's what I got for you. That's all my, all my, my theme. [00:23:56] All right. I think that's a good one. So, all right. As reminder up it comes. Yeah, go on discord. Go rate us on whatever app you happen to be listening to because, uh, you know, the more the merrier and maybe we can like start moving market on your new salon phone. You know, I assume there's some got their own podcasting app. [00:24:18] I'm sure we talk. Hey look, I think we've had an open mind about. Solana and magic Eden and again, correlation or causation three, a talks about magic Eden magic Eden gets 130 million. I'm not saying we didn't not do that, but we should have found something for ourselves in there. we're terrible business people. [00:24:43] really awful, which is why you should believe us or rating. The team, the team could use it. The team could use it. Yeah. all right. Stay safe out there.
Theme: Legislating NFTs New proposal released this week from Senators Gillibrand and Lummis Most crypto products would be treated as commodities, not securities NFTs are a new asset class, with further clarification to come no taxes on crypto transactions under $200 Affordable project: https://www.degenlabz.xyz/ - Block_Bounce https://opensea.io/collection/dgnkdz NFT NewsRantum NFT Market Data, Cryptoslam.io NFT Headlines: Crypto Legislation Is Coming Altcoin Buzz Bitcoin miners urge New York's governor to veto moratorium passed by the Senate Bored Ape Co-Founder Blames Discord After A 200 ETH Security Breach Forget the Crypto Slump -- Pace is Furthering its Web3 Ambitions by Partnering with NFT Platform Art Blocks Ethereum's Ropsten proof-of-stake 'test merge' goes live Transcript: [00:00:00] George: Today on all about affordable NFCS we're talking about legislating, non fungible tokens. There may be actual, real semi coherent policy making its way through the bowels of our government, which we can cover the high notes and share with that. But first, Andrew, how's it going? Anything new in the wallet? [00:00:24] Andrew: Oh, new and the wallet. Uh, man, I wasn't actually ready for that. I did pick up, uh, our blocks most recent. Um, it was recent curated piece. Uh, most our curated collection as a collection of 500 a day picked up one of those and luckily was able or picked up two of them was luckily, luckily lucky in my, uh, mince and got one re uh, rare gold one in there. [00:00:47] So I was happy with that. Um, kind of a cool piece that it, uh, They all generate noise from them. And it's a, there's a digital piece to it, but it doesn't actually loop. So it's, it's interesting. They're not, um, on the surface as just individual pieces, they don't look all that interesting. But we, when you dive into it a bit more, it's, uh, there's more going on there. [00:01:08] So how about you, you pick up anything. [00:01:10] George: Well, a couple of our projects, which I'll disclose, uh, a couple of deejaying kids and a admitted, uh, and to start Tosha, which may come up as a future project, but I have disclosed it and we shared it in our discord. I also, for whatever reason, I can't, I can't say no to two breeding horses. I got a couple, I got a couple of mayors that are just fantastic horses and I just keep breeding. [00:01:32] I'm not sure why [00:01:34] Andrew: you got to do [00:01:34] George: not even, I'm not even naming them yet. [00:01:36] Andrew: you gotta click buttons. You gotta put transactions on that chain. It's just, uh, it's, it's addicting. You can't get away from it. So even in a bear market, you gotta find something to do, right. [00:01:47] George: Yeah. I want to be clear there's there's no, there's no window to profitability. Unless one of them ends up being like the next, the next great hype, um, which from a probabilistic standpoint is a low breed, decent horses, but it's been rough and the old pony game anyway, let's uh, what's going on in the news. [00:02:04] Andrew: Yeah, well, you know, it's been, been awfully quiet out there for them in terms of trading overall volume has been low, but we do have big news. As you mentioned, we've got. Uh, some legislation that was proposed this week, a bipartisan bill coming from senators, Gillibrand in littleness. Um, so we will get into some of the details of that later, but it is, um, it is nice to see that there's something going on here. [00:02:29] Um, General. It was one of the big things. So for NFTs is that we're going to seem to need to wait and see how these, uh, how inept use will be, will be treated, what they are looking at, creating a new asset asset class for NFTs. So that is that's interesting, you know, we don't know what that means quite yet, but it does mean that there's not really something out there that seems to be a good fit for what NFTs are. [00:02:54] And I would tend to agree with that. [00:02:56] George: Yeah. Well, we currently have is not working so hope. Hopefully there is some intelligence coming. [00:03:06] Andrew: We'll get more into that later on. Um, so another bit of, uh, sort of legislative news here. Was it New York? The state, just a, um, they passed eight are they let's see, they are going to continue. Putting him with a moratorium on against big claim of minded usage in the state. They will not allow Bitcoin mining in the state. [00:03:30] So I, I do find this interesting. I don't see many other, uh, technologies or use cases of electricity that are generally, uh, forbidden. there being other reasons that they're breaking the law. So, um, this is interesting, you know, we'll see, you know, I'm sure that there are what we've already seen, that there are other states that are quite welcoming to, uh, to minors. [00:03:54] Um, but you know, that's also quite a change at some point to at least for, for the Ethereum mining world. So, um, interesting. That this has happened. I think this may, you know, we'll start to see, we've talked about this, how it just becoming a bigger political issue. I think that crypto will become a bigger issue as we go here. [00:04:14] George: Yeah. In general, when you find yourself limiting the freedoms of what Americans can do with public utilities that they pay for, um, Americans don't tend to. It's not a thing. They, uh, they really rally behind. [00:04:26] Andrew: No. Oh, and it would not be a podcast episode without talking about a scan and of course, board apes. And I don't mean that those always go together, but we do see a lot. We do see a lot in this time was it was a 200. Security breach after someone gained access to their discord, posted a link for minting, some sort of new project. [00:04:49] Of course, people Abe right into that, uh, before verifying if it was a legit link or not was not spent 208th. So, um, one of the board, eight founders after this came out and blamed discord security on this, you know, at seams. Uh, I don't know. It seems like board the board ape or the Yugo labs team seems always seems very quick to point the finger at someone else when something goes wrong. [00:05:18] A lot of other projects have had these issues happen and they take responsibility and deal with it. And you know, it's certainly not the first discord scam that we see not going to be the last and it's not unique to subordinate. [00:05:33] George: So for those of you keeping track, it was a theories fault that they duffed the mint and there were problems there. So they're gonna build their own layer. Uh, it was probably Facebook's fault when their Instagram got hacked and people got stolen. It's now discourse all that. They lost their passwords and password management for it. [00:05:53] So right now, just to keep telly at home on their to-do list is build their own layer. One, build their own massive photo sharing website and mobile app to compete and basically fix what's wrong with Instagram and all. Recreate discord, a, a massive online community for secure, uh, conversations in groups. [00:06:13] I feel like they got a great roadmap here. [00:06:16] Andrew: Yeah. I mean, I think I've seen this playbook before, you know, startups that just decide that they can take on everything in the world because one thing's going well, it's it usually works out quite well. Right. Is that, is that true or do they [00:06:30] George: I never read to the end. [00:06:31] of any story or book. So I'm always on the, like the heroes rise and never get to the conclusion of anything. So I see nothing wrong with this pattern of behavior. [00:06:41] Andrew: good. Yeah. All right. Yep. So Turkey's doing well too, right? Never get to the end. What their, [00:06:50] George: No spoilers. [00:06:52] Andrew: all right. So actually I should mention that the board ape community. The, or the dowel or the members of the Dow. So those are eight token holders just voted against the proposal to move to a new chain or to start their own chain, whatever it was, they want to stay on the Ethereum network. It was a relatively close, uh, vote. [00:07:14] I think it was about. I came on 55, 50 7%, uh, against moving off of a theory them. So there were a couple of large holders. I think there was one that actually had about 17% of the votes. So, um, he realized that ha only takes a few holders to, to really swing things there. And, uh, they are staying on Ethereum, which as we've said, I think is the right move. [00:07:34] That's where they got their start and it has helped them immensely. So I think that's good, but you see a large part of the community still wants to leave the network. [00:07:42] All right. Next one here. We've got, uh, pace, uh, the pace, art, art gallery, or art. Uh, what do you call it? That I know the name pays art. Um, but they're partnering with. Um, just ahead of NFP NYC, sounds like they will have a gallery open during the event. Um, so certainly it lends more credibility to, to generative art, uh, such as those that are, uh, produce bone, the art blocks platform [00:08:13] George: Yeah, you love following the, uh, the art box stuff. And, you know, we talked about not NYC. She getting ready for a ride. You punch your ticket yet. [00:08:22] Andrew: going soon, going soon. [00:08:24] George: Nice. [00:08:26] Andrew: And then one more, uh, we mentioned this here, that we've got the Ethereum proof of stake customer has gone live. So what does that mean? It means that one, the first test that they have several test networks of the Ethereum network, the first one for the, the merged. Ben talked about where proof, where a theory that moved from a proof of work to proof of proof of stake network. [00:08:56] Um, the they'll do, I think it's three or four. I think it's three different networks to test this out. The first one's gone live, it seems like it has gone. Uh, there was one little, uh, issue that. Figured out pretty quickly. So that is good news. They'll continue to do some work tests. Sounds like if everything goes well. [00:09:14] Um, if ever as far as testing here that the merge could be live by August. Uh, one of the core developers of Ethereum has said that it would be no later than December, so they are pretty confident or they're very competent that it will come this year. Um, you know, we can talk more about that. We've alluded to, to this in the past, but it will be a big difference for the network as far as for, for, uh, NFT users for collectors. [00:09:40] It shouldn't really make much of a difference in order to make any difference in what we're experiencing or doing on the network, but it will be big for, um, uh, for some of the arguments against NFTs and also for, uh, the scalability of Ethereum in general. [00:09:56] George: Yeah, I think we've put off having a speculation of what this means, because the mergers like this they've mythically talked about it as early as 2017. So, you know, keep that in the back of your mind, but this is a very, very positive, real code, real push and real example of something going well overall, you know, the highlights is that it won't decrease the cost of gas. [00:10:16] So, you know, transferring your NFTs are still going to be ridiculous at the time and wait for gas. It will, I believe increase, uh, the underlying asset for a number of reasons, which means that your. And FTS will, you know, appreciate it, that at that value. Um, and it's a good sign for, for that network and the base hopefully, but who knows? [00:10:40] I feel like we should do an episode on it and just speculate. It's not ready though. I want to wait until like July when it's like more of like a, an incoming thing, [00:10:49] Andrew: it's coming. July. July is around the corner. I mean, here, this, this episode is what we are getting towards. Yeah. We're mid junior. [00:10:58] George: it? A late? Let's wait for a few more tests. Net runs, and then we'll just speculate on, uh, what we think the merge might do to NFTs [00:11:05] Andrew: absolutely. We should. I love to speculate and then be wrong. [00:11:10] George: and then delete. Do you ever go back into the edit it? No, we're too lazy for that. All right. Do we have yes and affordable project. Okay. [00:11:20] Thank you block bounce for sharing this, uh, pretty ridiculous project D Jen's NFT. And you know, I'm not quite sure where to begin other than first off, you have to go to this website, but also like Warren be warned when you do, because it's, um, it's very noisy. [00:11:43] And so with this kids, it's, uh, I have thousands of collection of 5,000 of these things. And I can't even think with this noise, it's a collection of. Yeah, 5,555. The creators are doxed. The actual leader of it is a very, very young, I think they're like 22, but also there's like a web dev involved. There is a marketer involved. [00:12:13] So, you know, you actually know this team. The actual art is pretty simple. I'd say this, you know, comic base, but they're trying to harken back. There's windows themed website and there's like flappy birds on it It's hilarious. It looks like literally like your windows 95 background is so there I'm missing new drops and other pieces around that current floor sits around 0.03 for, uh, owner to item ratio is about 50%. Which is kinda, which is good, you know, in terms of distribution and they have an active discord though. It's a little weird because I'd say that the number of people in this discord is far more than the number of holders. There's always like, all right, they may have juiced, uh, they may have do some numbers, uh, along the way, uh, to have a total number of discord legions at 34,000, but only have 27 holder 2,700 holders means yes, Yeah, they did some, some hacks to get that number, number, number, go up. [00:13:11] Andrew: Yeah, it definitely looks like they've played around with those numbers a bit. I love the love, the website here, windows 95. I actually had clicked off that, came back to it and was trying to figure out what was going on, on where the page went, because there was just all sorts of lines, moving all over my screen and then realized that they built in a screensaver for this site as well. [00:13:33] So it's a, it's a really cool site. I like it. I hadn't heard about this until we were just talking about it right before the show here. So checking it out. I do like the, uh, like the art here. They're all animated little pieces or if they all have an element of animation, um, That is, I don't love when I see the numbers being way off like that, you know, I, uh, uh, you know, I'm sure that it's, it's, we know that it's not the most common, um, practice out there, but you know, like to see when things do grow organically, um, you know, and I'm sure that it sounds like they are doing that as well, because we've definitely had this bro, you know, thank you for bringing this to us, uh, block balanced by the way, you know, so they're definitely getting organic growth as well. [00:14:15] So that's good to see. [00:14:17] George: Full disclosure. Three of these things around somewhere, uh, they've got this poison drop coming, but they're doing it in a clever way. Well, they'll, you know, drop an extra thing that as they claim will be. Important in their ecosystem, but you have to have an unlisted, so you can see there, they're playing the game. [00:14:36] They're trying to get people to D lists so that they can more quickly like manipulate the floor and manipulate the price and value. Like they're marketers, they're they're savvy and you know, they're, they're going to hustle for a bit. So, um, I wouldn't say this is a long-term hold, but, um, I'm playing the game. [00:14:54] I'm playing the game. Cause it's interesting watching these like Freemans and Lomans like some random ones are just taking off, uh, with a team and energy to just, not as many as before now, the overall market was about 5% down over the past week in terms of like NFT volume. But it's still things that are taking off randomly. [00:15:14] Andrew: Yeah, that's true. There's definitely, there's definitely still movement in some projects here and there. It's, it's sneaky because there's like you said, not a ton of volume out there. So you got to look closely to find it right now. [00:15:25] George: Yeah, exactly. And I did, I did see some volume and that's one of the things that actually initially attracted to me or attracted me to it. Like they quickly mint it out. So there was a hype and interest and, you know, Ms. A team with a plan that stocks. Okay. So, you know, my financial advice and talking about JPEGs on the unit. [00:15:41] Andrew: All right. Yeah. Thanks again. To block bounds for bringing that up. [00:15:44] George: Legislating NFTs. I'm excited. I just, I, you know, I, uh, I thought this day would kind of not come, but there are top line points, you know, to pull out that are in this proposed bill. It was, uh, I can't believe that they did this, but guess how many pages the proposed bill was? [00:16:06] Andrew: 69. Was it 69? [00:16:08] George: It was 69. So 69 paid proposal. Somebody did that on purpose [00:16:15] Andrew: Oh, man. Yeah. Well, [00:16:16] George: that doesn't have an [00:16:17] Andrew: there's N yeah, there's no better way to ingratiate yourself to the crypto community than by following the meme. [00:16:26] George: Ha ha you must obey the means, but there, uh, I mean, so actually, you know, in keeping with that, it was it's actually, I'd say net, net favorable, um, one is they're proposing. It'd be no new taxes on crypto transactions under $200. So that's like a nod on saying like, look, if I'm doing it as a transaction, why do I have to pay capital gains on something? [00:16:47] Also acting like a currency. So that is a, that's a huge, huge, huge thing. If you're talking about that, um, people have the right to self custody of their digital assets. That is awesome. Meaning that, um, if you bought something on a platform that was acting as a custodian and they didn't allow you to also get your own wallet involved or export it, like that's not allowed. [00:17:10] And that's a fantastic standard. Another one, most crypto assets are viewed as commodities rather than securities and, you know, super complicated when you get into it. But right now they're looked at as commodities. I think that's good overall because the sec does not like [00:17:28] Andrew: Yes, less SCC involvement I would say is generally a good thing. [00:17:33] George: Yeah. Yeah. I think that's, that's the good Cliff's notes on It [00:17:36] Andrew: It would make it a lot more complicated for, for NFT or for crypto projects in general, if everything was a security and you had to basically get here to all of the sec regulations when creating any kind of crypto project. [00:17:52] George: Yeah, very, very common. Mining taxes, mined Bitcoin currently taxed as income at the moment it gets mined. I think this is also like a touch on like defy as well. Like the moment it gets my versus realized. So like, there's a question of like, has this been realized yes or no? And you actually can get stuck with a pretty big tax bill from something that fluctuates in price after it gets dropped to you. And this could also be. You know, you know, we talked about, for instance, like flower fam things that are distributing coins to you, does that happen at the point that it was distributed to you or the point that you move it into its next phase? And that's a big, big, big difference sometimes, especially, uh, speaking to somebody who held Elvis at two different points in time. [00:18:38] And when they were worth a thousand X a different. [00:18:41] Andrew: And which way are they? I'm sorry, I didn't actually see that part. Which way are they going to, are they proposing to legislate that? [00:18:47] George: Yeah. So they're saying that, uh, the bill is proposing that miners will not be taxed after they sell. So it's the moment of sale, not the moment of distribution. Right? [00:18:58] Andrew: Great. Okay. That's yeah, I'd say that's much more fair to, to the minor, you know, there's less pressure to sell them too, because when you, if you're texting on the point that you get it, you sort of need to sell some immediately to cover those taxes. And that's not great either. [00:19:16] George: Yeah. There's a lot of problems there, especially with how quickly, again, like these currencies can change. And, uh, another big one is that stable coins have to maintain a hundred percent reserve intent. Luna. [00:19:29] Andrew: Yeah, that's obviously a good one to have in there after the Luna disaster. Um, although I, you know, I'm not sure that it will, I don't know. I'm not sure it would have prevented that, that problem in general. [00:19:43] George: I mean USD T right. Tether, classically as like, uh, a varied bank of assets that back it, but where it's not entirely clear what those assets. They actually had the firepower to withstand what seemingly was a follow on attack to them. But I think a logic, a lot of those things are just logical. It's like I quit. [00:20:03] I couldn't believe how much common sense was in this bill. And I was, I was shocked actually. [00:20:08] Andrew: Yeah. I mean, it seems good overall, you know, we, you know, it would be great to get some more clarity on how NFTs will be treated. Uh, sounds like we are going to have to wait a bit for that. Um, a new asset class makes me think that, you know, there's at least some consideration being given to the accident. [00:20:27] These can't be treated with. With what we currently have in place. And, you know, I'm hopeful that that means that we will find something that I don't know isn't treating every sale with under a year, like a short-term capital gains sale. Um, I, you know, I think that we need to find a better way because the taxes right now in, in on NFTs are, it's a big, it's a big cost when. [00:20:55] When you're trading these and you know, at this point, there's certainly, it's certainly difficult to say that you're going to buy and hold for over a year. Um, and in most cases, [00:21:07] George: But think about the functionality as well, that is ultimately hampered in any sort of forge mechanic. Right? So for a thing where I have to take two entities and merge them together to get a new thing, what did I just do? I just incurred a short-term capital gain tax on. Those those assets. And now I have this new asset, like it simply doesn't work treating it as this type of commodity with these types of, uh, short-term long-term gains, uh, involve it. [00:21:34] It's hampering the tech in the same way that when online stores and e-commerce first came out and they were like, well, how do we do sales tax? Because it's on the online, each individual statement still like a bit confusing, but there are some standards that have rolled out that said like, okay, here's a new technology and a new way that things need to operate. [00:21:52] Andrew: Yeah. I mean, something that did happen, you know, you're right. That, that did take time for taxes to roll out with correctly with e-commerce and, you know, brought to mind. Amazon fought against those for so long. And then once they sort of had their position, you know, we're quick to, to fight for tax laws being put in place. [00:22:14] And I do hope that, you know, we, aren't looking at another situation where it's helping the current, uh, or the established players and, and at a, at a detriment to, uh, to. Players that are coming up in the crypto market possessed. We know we're still very young here and we need a lot more new things coming up. [00:22:35] So I hope that that is, you know, that we are really fostering innovation in this space. When, when this, uh, built is finalized. [00:22:44] George: Yeah, I didn't see any note on like when this might. Come through at all. I feel like they have a slow summer to get here, but I'd imagine sometime this year. [00:22:56] Andrew: Yeah, I would hope so. Um, you know, Uh, well I'm sure. See lots of, uh, political, um, I don't know, arguing about this as we get to midterm elections as well, because I think that, you know, as I say, I think crypto will become a bigger and bigger issue in elections and politics in general. [00:23:17] George: I think you're right. The crypto friendly politician and policy was going to be a very, very quick button to get pressed for money. Little thing I know about politicians, they like money. And so if you're saying that, Hey, we're crypto friendly and I have crypto friendly policies. See right here, you're going to get support from the community. [00:23:38] You know, notably, you know, same Sam Bain and freed said he may be dropping. Seriously, billions of dollars on this election cycle. And it wasn't saying that it wasn't going to be explicitly around crypto, but let's be honest. If a crypto multi-billionaire is becoming a, you know, active political force, it may Dawn on you that you may have the need to have a crypto policy in mind. [00:24:04] And probably be one that is semi favorable as are frankly. Most tax law policies that favor the rich in our country. Anyway. So like you're, even if you have small bags, you're like you're on a big wagon. I think. [00:24:20] Andrew: Yeah. You know, it's a good way of putting it. Um, you know, we do have to hope that these people, we have to hope that the crypto industry fights the right way and you know, and it does make me concerned. There's a lot of really big bag holders that don't necessarily need to, uh, that don't have the, aren't looking for the same outcome as a lot of other people that are in crypto as most of the people that are in crypto. [00:24:48] Um, you know, and they, you know, just be careful, I guess, as we're, as we're getting into this, the pro crypto, um, stance can be a wide range of things. [00:24:59] George: Yeah, that's true. There's a lot that fits under that umbrella. And it's easy to paint right now with one brush because there's, there's only like X number of million wallets involved, but once that starts getting up there, there's going to be a wider array, I think is really good though. A reminder of how early we are in NFTs, like genuinely early, like the asset class and tax laws have not even been established for this technology yet. [00:25:27] And now once it does get there and you'd have the U S government taking seriously, the idea of crypto and non vulnerable tokens and this idea of digital ownership as something that's going to be passed into law. And once it does, it will definitely. everyone is not coming, but it is a strong narrative for why this is not a fad and why this will be here over a longer period of time. [00:25:52] Andrew: Yeah, I'm looking forward to seeing the, uh, the NFT section of the wall street journal at some point. [00:25:58] George: Oh, the fact that they're not selling their own pages, just silly, like sell your own bed, like the times should be doing it every day. It's such a no brainer for money. I just feel like there are just stodgy humans that are just like, we can't do it on principle. Like cool. Is that the same principle that lets you run all those ads? [00:26:17] Andrew: Hi magazine has managed to move ahead. Somehow nobody was paying attention to time magazine for a long time. And. They decided to get active in NFD isn't there. I don't know. They're certainly they're active and they're doing new things. And I think they're bringing in a whole lot more in digital revenue than they were before. [00:26:40] George: Yeah. Well, when your back is against the wall, you tend to try new things. And so there you go, right? Desperation brings out innovation. All right. that's what I got. We'll follow it. If there's a new, a new vote or something moved on it. I love speculating on this kind of thing, but positive. Wow. Positive things. [00:26:59] Andrew: All right. Good talking to George. [00:27:02] George: See ya.
Theme: Looking Ahead to NFT NYC Potential winners? Andrew: Fewocious, SuperRare, Photographers, Moonbirds, NFT Ticketing What themes may emerge?Andrew: IRL Art Galleries, Independent creators vs VCs & corporations, IRL use cases of NFTs Affordable project: https://opensea.io/collection/degenz https://opensea.io/collection/podgans-by-pindar-van-arman/activity https://opensea.io/collection/deadfellaz/activity https://opensea.io/collection/ashmetamorphosis NFT News Demand Surges for 'Turbulent' Optimism Airdrop - The Defiant Florida Dealer Charged for Selling Allegedly Fake Art by Basquiat, Warhol Kanye West Stakes Claim for NFT and Metaverse Trademarks - Decrypt Jim Carrey Just Invested In His First NFT: A 1:1 On SuperRare Top 5 Airdrops (and How to Get Them) Transcript: [00:00:00] Today on all about affordable NFTs, we are looking ahead to NFT NYC. Is this the number two number the second time, this big conferences happening? Uh, second time in about six months, but no, they've had it. I think it's a. Conference. They actually were doing these pre pre pandemic and everything at one point. [00:00:20] So I guess technically but yeah, they did the last one in November next one coming up, uh, end of June. So pretty soon as, uh, as this is released I will be heading out there you know, hopefully. Hopefully we'll have good things to report, but we're going to look ahead a bit and see what we think may happen. [00:00:41] You know, it is a big event for the NMT space. Yeah. It is huge. And we've got, you know, certainly we'll have you there. So you'll do some live reporting actually. No, you'll just let us know what happened. I think it's just really hard to actually run around with a microphone and do stuff. When you're at a conference speaking as somebody who's tried to do that in the past. [00:01:01] People are busy and you want to talk about stuff. There's apparently 1200 speakers at this thing. So I think if I just turn my phone on, I can just start recording people and I'll ask a question and pretend like they're answering me. I'll get us out there. Hey. Yeah. This is a random from a, all about affordable NFTs question for you. [00:01:22] Again, that's all about afforded that's great stickers. We don't know, but we don't even have. I think if our audience gets to what we, Hey, we passed our hundredth episode. Congratulations. Oh, no, no, no. I'm not releasing any more. We're done. This is just us talking to each other. Okay. I think that's, that's what it was for the good for the first 50 or so anyway. [00:01:48] Okay. Yeah. All right. Well, yeah, no plans, no plans for drop yet. When we, our audience gets big enough, well, we'll reward people in the discord somehow. Alrighty. What is the news? All right. Yeah, news. We've got, so there's optimism, token drop. The airdrop is live, uh, launched a couple of days ago. We had mentioned that they had releasing information on this. [00:02:12] You could check a little while ago. This has actually come out. There was big demand for it. Some people were able to sort of get ahead of the launch or Buckhead of when they publicly launched this and a claim theirs and sell a bunch right away. So, you know, in the short term that hurt the price. There's also been some, uh, some discussion about what's going to happen here with further airdrops. [00:02:32] If you'll remember, we discussed this in the past that this is the first airdrop, they haven't announced exactly how many they're going to do, but I think they said this is 5% of the total The total number of tokens. And I believe that 14% will be airdropped. So they're still going to do more there's discussion now, if they will, or if somebody proposed in the, uh, the governance form that anybody that sold immediately would not be eligible for the future rounds. [00:03:00] You know, there's some discussion. About that, uh, you know, both sides. So, you know, I think that whether they go that way or not, or just, you know, you would just give it to people that are holding it at the time. You know, I think there's potential to still get more airdrops ad out of this. You know, as we've just talked about optimism a little bit, they it's another. [00:03:19] Ethereum, roll-up a layer to Ethereum network that allows for faster transactions, fast, cheap transactions. There's, uh, I I've used it a bit. You know, I was getting ready for the airdrop year. Uh, you know, and I think that there, that. It sounds like this will be the first of a few potential, uh, potential layer, two airdrops. [00:03:39] But certainly the first, uh, our first, uh, couple of their airdrops, so that's been big, you know, definitely adds, uh, some liquidity to the space and, uh, give some people some, you know, some ease to play or, you know, I'm sorry, some OT to vote with. Yeah, cool. I got to go check to see if, uh, if I got any, I move money through, but probably not enough to make a meaningful difference, but, uh, I'll go take a look. [00:04:02] What I will say is a lot of these drops have gotten much sharper in terms of stopping farmers with various things in place. So I'll just be honest. I moved money into it and I moved money out of it. I wasn't using the optimism network. And so I'm not expecting very much. I think those are, those are becoming harder to sort of game. [00:04:22] And they have to really like, if you're going to go actually earn the drop for anything coming up and to see that like any of these like Twitter threads that are like, oh, and then do this, do this, do this. Like you actually have to go in and seams use the platform, vote, participate in the discourse. [00:04:36] Let's your contract actually hit a few things in the network. So, yeah, optimism had a few different criteria when they did theirs. They are a few different options of how you are options of ways to get into it. I guess, eligibility criteria. One was that you had, that you had used any other layer too. So I think you should be eligible even through your polygon use since you've used that fairly heavily. [00:04:57] Then anyone that's voted on a. Uh, on a, uh, by the governance forum in the discord, I'm sorry, in the Ethereum world. And I believe gnosis signers. So, you know, that's a little different, if you have signed on a gnosis contract, then he signed her on a multisig, uh, transaction that will also qualify. [00:05:20] So the RF, a handful of different ways that they've tried to, uh, reward people. PR not only just optimism users, I think they are trying to, to build a network. And I shouldn't say that it was not from the optimism team that suggested that optimism, people that sold the token, uh, the airdrop right away would not get the, uh, the token drop. [00:05:40] So, you know, there's no nothing official about that. You know, I think that there, if you go and use it and can find, you know, ways to use it authentically, you know, will be able to. To qualify for that next round. But you know, like George said, it is getting a lot more complicated. Actually we have another article here. [00:05:57] I've got a link here for, uh, top five airdrops and how to get them. So this is from Bankless, uh, you know, they've been, they've been pretty on top of the airdrops it's one that I looked at, uh, towards the beginning of the year. Uh, they had mentioned optimism at that point. You know, that a few others that have definitely worked out a hot protocol. [00:06:17] They've got one I believe coming up. It sounds like maybe the out, by the time we were listening to this one. So go check out. This article they got open in here is, uh, number one, the open protocol, O P Y N. Uh, let's see, what else has mentioned. I think they've got across protocol. They've got Mehta masks. [00:06:36] So if you have, uh, if you've done exchange. In Metta, mass, you know, gone from ether to USB-C or something like that. You may be eligible there. Uh, they've got Zuora, that's an NFC marketplace. I'm not exactly sure of what the, uh, what the specific use cases for the marketplace. And then they also mentioned that the layer two ecosystems. [00:06:58] So that being that including optimism Lot of others there as EK sing start where arbitrage them, you know, these, they've also gone through some of the, the things that you can do to qualify yourself with, you know, keeping in mind that these protocols are getting much smarter about how they handle. [00:07:17] These airdrops trying to make it so you can't farm them, use a whole bunch of wallets. You see that a lot in the past. So I think that's great to see that in general, it will be going to less fake people and more one-to-one users. Yeah. What I'd say is the, if a lot of this is like, oh my gosh, this is so many different things. [00:07:35] Throw a dart at one that doesn't have a coin yet coming out and just dig in right through. But Ethan, there, you can move. You can just move your needs to that's it. Move your, you look around, participate. You know, buy a thing, flip a thing, immediately, show transactions, like, just learn it. I think this is important because it's going to hopefully incentivize people that are like, kind of doing this on the side. [00:08:01] Like we all have different jobs and shit we do during the day. And then actually then the, like your side households night households, like this is a good way to say, like, okay let me go learn about a thing by moving money in. And you're going to get rewarded in terms of learning. And then you can go buy one of those pointless JPEGs that we talk about every day. [00:08:20] That's right. So you can see your, see your tokens that way, right? Oh, absolutely. You got elaborate. [00:08:25] All right. What else we got in the news? We've got, oh, that's right. We've got Kanye west. Who has been out around saying no to the NFTs for a while. Now he has, uh, filed for some trademarks of metaverse and NFL trademarks. Seems like someone has convinced him that there, there may be some dollars dollar signs over there worth getting. [00:08:47] So, uh, you know, not that I think Connie may be motivated in that way, but, uh, you know, He'll bring some attention to the space. Yeah. You know, from convictions, loosely held famously held up. I build things in the real world. I don't dare do this. Drops it on Instagram drops. The mic walks away less than six months later. [00:09:08] Yeah. Aping into getting all his easiest names. Uh, another eith idea, Yves name, address idea on the last celebrity alternative names, all of those sort of celebrities are going to be rolling in if they haven't already. Especially the ones that are claiming they're not like, come on, go get it. [00:09:26] Maybe Jim carried out Eve looks like he's active. He probably already grabbed that one. Jim Carey became an NFT collector, bought a one-on-one on super rare. And, uh, it was a steam relative fee sizable purchase. I believe. Let's see. It was 20. Uh, this was a piece called devotion by Ryan Koopmans. So interesting here is that he chose to mean it's a pretty big splash to go with your first, uh, NFP as a one-on-one 28th purchase on, on super rare, you know, regardless of what you have, you know, getting into the space takes a, uh, I dunno, it takes some getting used to it, so surprised to see that as a, as an, as a first purchase, but, uh, interesting. [00:10:11] Why? Why are you surprised at that since. Uh, 28th, super rare purchased, you know, I guess it depends how you're coming at this. I think a lot of, you know, I certainly, I have a lot of super air pieces. A lot of art pieces from their 28th is a lot for anybody to make as a first purchase, I believe. When buying a JPEG, I think it's a little bit different. [00:10:30] To to understand that before you've tried it a few times and understand that you hold this in your wallet. You know, that being said, this is the first name, that public wallet. We don't know that he hasn't tried this under, you know, something that some other pseudonym or, you know, another anonymous wallet, or even that he maybe had some help from someone that had been convincing him of this, showing him the ropes for a while, or at least I hope so. [00:10:55] You know, I think it does. I think superhero has been somewhat. Over the past year as PFPs and these collections have really dominated the space and super rare. I think it's starting to get a little more attention now as a, as a platform for one-on-one art for, uh, for some of the higher end art pieces. [00:11:18] A I don't know didn't, you know, not these just JPEGs that are. Pictures of, you know, a lot of different variations of pictures and nothing wrong with those. I think they can be good art, but they aren't necessarily the same thing that art collectors are generally looking for. Yeah. I think there's kind of some intelligence of buying a one-on-one because you are the floor. [00:11:40] There's no like, oh gosh, what a dumb mistake. You're like, it's mine, it's worth a million, 1,000,008. I just listed. Okay. Also I think with, with his obviously like Brandon cachet, he's got the ability to kind of really know, you know, Ryan Koopmans maybe a bit more and add cache to the overall artists and, you know, not that he needed because he's got some amazing, uh, amazing work on, on super rare. [00:12:03] It's uh, it's not dumb. I will say that because you are a market, this is Stockholm based photographer. By the way, I have had heard of him looking at his art a little bit more. Definitely go check it out. It's get some cool pieces. You know, he good looking stuff. Nowhere near affordable. No, don't look at it in that respect. [00:12:22] I was just looking at if there was a play with, uh, with anything else that's created now, there's no, there's no affordable flat breasts. All right, everyone. Move on. [00:12:28] All right in the, I guess, one other news thing, news item here, we've got that a Florida art dealer was arrested for selling some fake Boskiet, uh, pieces as NFTs. This was a well seemingly a real art gallery selling these NFTs on authorized. Good to see it. You know, we know that there's a lot of, a lot of copies out there. [00:12:56] Glad there's somebody, somebody working to crack down on some of this. Yeah. It's, you know, it's just showing you the laws paying attention and there's a lot of scammers out there and, you know, double check, triple check. Constantly, I don't know. I think a lot of folks in the ENA world that have been here for more than six months are getting hardened and so hopefully less, less likely to get. [00:13:19] I hope so. Yeah. And you know, I just know there's a lot more coming in and ghetto is be careful. [00:13:25] All right. Well, I think, oh no, we, we I've been looking for an affordable, here's what I think we did the shopping list last time. Uh, I think I went with moon, birds and avatar, not blue moon. Unless moon birds buys moon cats. You started what? I did hear someone talk about that. That was me. I just talked about it just now. [00:13:51] Oh yeah, that's right. Yeah. No, this is not financial investment. So I brought on two projects. Uh, last time I say, let's challenge ourselves for the shopping list. Like what's in, what's in your sort of like watch list right now. All right. We can go back to this, you know, and, uh, let's see. I. Well, what am I watching right now? [00:14:09] What do, I mean, I've got a lot on my list that I have mentioned here in the past, you know, at this point, although I'm not buying more of the, uh, Alison hace is, you know, those were on my list wrong until they got way out of range for me. Let's see. Well, I'm still watching few oceans, but I think I've mentioned those. Yeah, I mean, you mentioned. Yeah, we'll get to that in a bit, but also they're, they're coming out in the F and F T N Y C. And I think you mentioned that they were also at, you know, the Gary B's conference. So I didn't see a big pump after that, but it's been, it's been inching up. [00:14:45] It's not a bad one to keep an eye on. I think we've mentioned that before. W well, if you've got someone to kick us off here, kick us off list. I am watching, I keep mentioning. But I didn't say for last time, my shopping list is and I'm watching for that Florida drop post wrecked guy. It had an initial bump somehow, and it, uh, it definitely moves around quite a bit, but I want to get this, uh, my, my absolute definite buyer price is 0.3. [00:15:12] If this thing hits 0.3, I'm definitely buying another. So the network gives you access to their, you know, discording community and clearly you get drops. They're continuing to invest, uh, in in and out. We're going to, it's the original D Jen's not the, uh, the version two that they created. So that's, that's one on my list, uh, for sure. [00:15:34] Yeah, that's a good one. Yeah, I have two of those now. I actually was able to pick one more of the 0.3 when people were trying to make this work, this is what people are trying to sell to get the, uh, the rec guy. So I was happy to get that and I still have one rec I probably should have sold that, but that was, I was thinking that I, I liked the DJs as the overlooked play. [00:15:55] They're well-recognized getting a lot of attention. So here's one that's on my list and this is one that you actually I think you have this, and we've talked about this before, but it is the pod Gans by Tinder van Arman. So this, we each have one of these, but you still have one. Is that right, George? [00:16:12] I do. You know, I'll make it a gift of whenever I sell it, it'll guarantee that the price will go up and that's when you can use your, your indication. I am the harbinger of the price about to go up whenever I start. Right? So this is the floor right now. It's at 0.4, four. So, you know, it's not. Super cheap, but this is also a very thin floor. [00:16:35] It goes from 0.4, four to 0.49. The next one is 0.639 and then 0.7. So in four listings, we go from 0.4, 4.7. I think this is still a, a platform that I like that it's just one of the first three on this platform. Uh, one of the first three projects on the brain drop platform. Sorry, I was blanking on that name for a second. [00:16:56] But I think the platform will be around for. A while and that it will, will deem value over time. Pindar is a respected artist. So it's one that I'm looking at. I've made a couple of bids, nothing coming in quite yet, but it's, it's really quiet over there, which, uh, which I like as a buyer, it looks like, okay, so one sold two days ago was the last one. [00:17:17] And then five days ago, six days ago, 12 days ago. So four sales in 12 days is pretty quiet, I would say. So that's, that's one that I'm looking at, keeping an eye on. Yeah, you have to be careful because you have to, you just a lot more patient, a lot more game of patients there. And it's, it's hard to tell if the overall market is more about holding or more about folding right now, but I agree that's a mighty thin floor. [00:17:40] I mean, yeah, that could move quickly. What are we getting out? That 4.3 was the mint. That was a 0.1 minute. Actually we did a 0.1. That's good. Yeah, I liked it. So that was, it did get up over, over one eighth at one point. You know, I don't expect it to get up there immediately, but you know, like I said, I think if you're, if you're patient and you can buy at the right price, I hadn't thought of that. [00:18:05] That's a good that's not bad. That's not bad at all. As if I needed another thing on there. Okay. I remember add more to your watch list. Don't jump, don't jump at prices. That, that don't make sense. Just find another project to look at. If you're getting too, too close to jumping a little too high. [00:18:26] Remember what else? I will say another one on my watch list is dead fellows. Now this is pretty high still. But dead fell is, was, you know, sort of, it had a, had a peak of, you know, it was kicking up at like four and a half Yves at one point it's down at 1.27 and. Pretty strong community, female, a female artist who's, you know, definitely known in the space, had a strong following. [00:18:56] I mean, what else could you add about, you know, it's one of those 10,000 PFP, 6,000 owners, so large owner distribution, and it's just, you know, it's running out of steam in a downmarket and we'll say I almost even added. Dead fellows. And to my, my list of potential winners from NFTE NYC, I know that Betty from, uh, the artists Betty with a, you know, Eve of course simple for me is speaking at, uh, At NFTE NYC on the main stage at radio city music hall. [00:19:28] So that should have a pretty big audience. I think that has potential from, I don't know a ton about the project or the Otter artists specifically, but she's very well known in this space and seems very well liked and well-respected fully doxed. And then around the space, I think it's going to bring some more attention to the, to that collection and, you know, I think that's what. [00:19:49] You know of these, you know, like you said, we're starting to see some separation of the winning projects and what the, on the ones that are going to be around here for, for at least the foreseeable future. And that, that does, that's starting to look like a good potential buy. What is the, what's the floor on that, George? [00:20:06] I think I called it at 1.2. Yeah, 1.2, 1.3. And, you know, there's, there's sales every single day happening in and around it, a back door into this also is, you know, we mentioned Ash chapter two, metamorphosis, you know, technically Betty's got pieces on there right now that are actually at like 0.2 or 0.1. So that's like an affordable play, uh, for yeah. [00:20:32] Creator dead fellows. Yeah. So she's got an animated on Ash chapter two and I'll include the link in the show notes. I just want to be careful though about. Oh, someone's on the stage. It's going to make them pump. Like I never actually see that come to bear. It just, I, I wouldn't do it as a, I certainly wouldn't look at it as a short-term pump play. [00:20:48] I think it's more about the space starting to respect the collection as a, I think that's right. Respect and recognize artists Capitol. Yeah. Yeah. I mean, I, you know, you know, unfortunately it seemed that a lot of the, sort of the, the women PFP projects, you know, world women rise has not been just good and they don't, you know, I got to say they don't feel super connected to the NFT space overall, where. [00:21:19] Yeah. I mean, I see that, but he's posting, you know, regularly interacting with the community and, you know, even speaking at this event, you know, that, that says a lot to me. Yeah. I mean, I agree over time, someone is willing to like continue to push and like recently detoxed herself as well. So you know what you're getting as opposed to, you know, it was, it was 20, 21. [00:21:41] It was like much more fashionable to be like, oh, we don't know there's mystery here. It's like, no, There is authenticity, mystery being trumped by authenticity of who the artist is and how they're going to align their identity with a project over time. So, uh, interesting. Yeah, I don't, I good stuff. You, so you kind of see what we're looking at and how you should have your own list. [00:22:03] You should play the game of like your side watchlist wallet. It'd be like, what if I did this? It's a fine game to play, uh, and really looking for people that have, uh, Uh, the, the projects that will have the persistence to push through the, the bear market. [00:22:19] All right. All right. Well then why don't we. Move on to our topic, looking ahead to NFT NYC, like I said, I will be heading out there. So if anybody is going to be around the New York area that, you know, let me know of course up in our discord, there are events going on all around New York for this. And I think it's kind of fun to just look ahead what we think may happen. [00:22:43] You know, what the user may emerge, you know, there's a lot of people attending things it's supposed to be about 15,000 this year. I'm not sure how much. You know, last I saw they were, they jacked the price. So I bought my ticket right away after the first blending, or maybe it wasn't right away, but like they, they did an early bird and I think I got a ticket for, you know, 150 bucks. [00:23:03] And last I saw they were like 500 and some odd. So they've, uh, recognized that people are interested. Wow. I mean good on you. Nice shit about too, right. [00:23:14] There's a podcast about that actually. Yeah, so some things I'm looking ahead to, you know, you mentioned that will be out there. I, I think that, you know, he's still a young artist. I think a lot of people don't know him. I think that there's going to be some, I don't know anything about any official plans. [00:23:27] I think there's going to be some more paint parties there. I, it seems like. Then building up some bigger collector base. I've seen that, uh, that paint collection, you know, getting some, some good buys and it, you know, it goes up and down a bit, but I think that he could be one of the kind of winners of the space that as people get a feel for the. [00:23:48] I don't know the physical connection to the pieces and actually painting there. And I think that some buzz could build around that. And again, this is nothing looking at, like we're not looking at short-term price action here. We're just trying to, to look at some of the things that need some of the, uh, I don't know, trends or ideas that could, uh, gain some steam here. [00:24:07] Yeah, it's just, it's important. I mean, I think I learned a quick lesson at that through a lot of things, but also sort of econ realizing that it's just a parade of a braid, a parade of people and there's over, it looked 15, uh, 1500 speakers, uh, at this. So just because someone's talking at this does not mean their project is about to go up and also keep that in mind when you're going to start to see, you know, as seen on NFT NYC and as a validating station. [00:24:38] There are a lot of folks that are attending and also speaking. And so keep that as that sort of validating thing in mind, I'd say, yeah, definitely 1500 speakers. You have to, basically, if you were late, you didn't, you didn't want to speak, you didn't want to apply to speak. I thought I'd go. I thought it'd be more rare this way. [00:24:58] You know, I'd be one of the few not speaking and actually on a legitimate case that you could have done a solid Dean analytics talk that people would have been like, oh, well this is just useful. Probably. Yeah. You know, and instead I used to do like getting on a stage or no, is that like, you're like, yeah, I'll pay. [00:25:15] I can't say done a whole lot of that. You know, this is, this is pretty comfortable talking to everybody, right. From right from a desk here, though. You prefer this audience of us. So talk to me about an FTE NYC. You know, we'll do a follow-up from it. What is your strategy going into this? Are you trying to hustle to get dropped? [00:25:34] Do you think? Like there's certain parties and you'd be like, oh, here's my pull-up proof of attendance. Yeah, there's a few things I'm looking at, you know, there's, there's, they have more, it seems a little bit more organized. Like we said, that there's a lot of speakers. They sent out an email today actually asking which afternoon and morning session people want to go to on the first day of this looking at the, uh, various locations that they have, but also kind of getting an idea of, of what they'll be covering. [00:26:00] So. Areas that are sports in, that are more on the investing side that are more focused on the community aspect. So I, I like that. They're trying to give some tracks to this this year. So that makes it a little easier. I was definitely jumping around between buildings relatively quickly, quickly trying to make it to from one, talk to another that started, you know, maybe 10 minutes later, but with. [00:26:27] 15 minutes walk away. Uh, so I think this will be nice that they're trying to, to put these in the same place. I don't know about the two yet. There are a ton of, of non offsite, uh, events. So I know that moon birds is doing a big one, a big event. Of course, board apes are doing a big event. I think they've rented out some huge place on the pier for the whole weekend or, you know, some fear. [00:26:53] It looks like a massive place, you know, as, uh, as of course a board apes lake to do it big. But I think, you know, I think that this will be the first time that a lot of people will get a chance to, to attend an in real life event, you know, as this is, it's the first big end, really big NFT one. Well only in a couple of months, but we know how much that means in NFG in the NFD space. [00:27:16] I think it's great. It's keeping the community engaged and connected and. Keeping the energy, uh, with, uh, the core group of committed folks that are, are going to be quintessential to building and supporting through the dip. You know, I'm looking at the program and it's kind of interesting to see how many ways they divide it up. [00:27:37] And there's general art, film, music, gaming, sports, social fashion, collector, legal ticketing, finance all with NFT tracks inside of it. So they're really starting to. To separate out and show up kind of like, this is kind of like how south by Southwest got overtaken by a south by Southwest interactive. If you're familiar with that conference and kind of what a, what a spectacle it became. [00:28:01] And I've, I've been to that a number of times it is fun and it just, it is playing fun. Do you actually end up learning anything though from like a speaker or is it just everyone pumping their bags? Yeah, that's a good, that's a good question. I mean, I don't know that how, I mean, who's getting on stage and giving away what they think is a real secret here. [00:28:18] You know, what they think some serious alpha, just a thousand of you need to know. Right. It's a lot of people, you know, finding something to save, putting themselves on the stage. Right. And I think that's, yeah, that's a lot of what it is. It's a lot of just bringing people together. I think I'm not sure that you learn a ton at this. [00:28:39] Events. I think some of the, I think probably some of the smaller events are, you know, maybe the non-male stage and looking for very specific things. If you're, you know, if you are very into film NFTs, you may be able to learn something there because there's just so little out there right now. And I think that's a chance that you can actually engage with, with people that are in the space. [00:29:03] I saw that there are many, you know, many of these stages end up being, or many of the audiences ended up being quite small with this number of speakers. So if there. Something, I think that's a potential to learn something, but yeah, otherwise you're not learning something, you know, it's, it's like taking a, uh, you know, a huge lecture course in college or something, you know, when there's a lot of people in the, in the room. [00:29:25] It's, uh, I'd say the quality goes down a bit. Yeah. Well, uh, it'll be exciting to have, uh, have you there and let us know what you let us know what you see. I'm uh, I'm eventually going to go to one of these things. I just, I I'm. Yeah. I, you know, some of the things that I'm looking forward to, I know that super rare has an art gallery out there. [00:29:45] They opened up a, uh, calling it a pop up for the summer in like the Soho neighborhood art blocks is going to be doing a big event in a Samsung building there. So I think they'll be able to have a lot of there, a lot of pieces on display that are actually moving. You know, I've certainly had a hard time finding ways to display a lot of pieces, especially ones that have movements. [00:30:05] I think, you know, I think that. These in real life events have, can still go a long way. You know, we're still gonna coming out of, of diver. Nobody was doing anything and NFTs have certainly burgeoned. During this time. We have not seen how they can be fully used to use sort of the digital and in real. [00:30:24] Uh, aspect here. I mean, with these conferences, it's very clear that it's like, it's the floating crap game where if you've got, uh, a membership to a group and you're like, where do we meet up? Or wherever that conference goes, you get this like special access to a thing is becoming more standard. I know also the Vayner Vayner sports pass folks are offering up like an event and trying to see how many people would RSVP. [00:30:44] So I don't know. Did you sell yours or. Yeah, I, I can let you want, if you want to go to the party you gotta gotta give it back though. You gotta promise to give it back. I think that's, I think I can do go there with my, with my past. Tell them to. To when, when floor and when moon tell him, I said when, when moon. [00:31:04] Yeah. I mean, it'll be interesting on the mood is at different parties. You know how people are, [00:31:08] we get a last minute notice that the party has been moved to the basement. It was a party and it's a cash bar. I think that's the perfect signal to us. Everybody have you seen, but I put my cash into the, [00:31:20] well, you take a JPEG. Here's my phone. Oh, here's a quick question. Are you going to go with your hot wallet on. I'll go with, I'll go with a, a hot wallet on my phone. Not my, not my primary wallet. Yeah, no, I don't want to use that. And you know, hopefully, you know, that's something that I'm hoping will, will change here. [00:31:40] You know? Right now we've seen some tickets tough, like, oh, here's like, here's a book, here's a situation. Right. I'm just gonna put it out there. There's going to be an eight fast getting, you need to show that you have the wall that has the eight. I needed to do something I think right now. And I think that, you know, we've got to figure something out. [00:31:55] This isn't a great system that you should have to have a, a potentially a hundred eighth, uh, ticket on your hot wallet while you go to have drinks at night with a bunch of other, Hey, I'm having a party in the middle of New York, but everyone in order to join has to have a hundred thousand dollars in cash in their pocket to walk in the. [00:32:18] Yeah, this is where they are and when they'll be there, it's certainly something I'm keeping in mind. I heard some, some stories of people, you know, you have to worry about the physical type attacks. Yes. I mean, there's, it's certainly a brute force attack you really? And when everybody realizes that there's a lot of NFP collectors there and you know, I mean that, or at a party that is, or moon bird's party, you know, everybody's holding a 28th piece to be there. [00:32:46] You know, that's something to think about. I know don't, I'd also say the bigger, I think the bigger risk is probably. Uh, people that people that really know it, you know, people that are there that can take advantage of the fact that maybe you've had a couple of too many to drink and they know how to use a Metta mask wallet, and they hold one of these and they know how to get rid of it quickly too. [00:33:08] You know, that's, there's a lot of different mistakes. You can do it on your own, but when there's a lot of savvy people around the, you know, I'm certainly going to be more careful. I don't want to, you know, if I have to have something there, I, you know, if I have to have somebody to get into. A party. I'd rather be able to show it a different way if there's a third party sort of verification thing. [00:33:29] And I, I hope that there's something like that coming along. You know, I think these NFT ticketing, I think NFT ticketing when I went last, November yellow heart was doing one of the kind of off-site events. Uh, it was in the back of verse gallery and it. It was one of the only ones that I actually saw making use of it. [00:33:47] And it was pretty good, but not great. And I think that we're going to see a lot. That come to play here. And I hope that we see some that are finding a way so that you don't actually have to carry it in your hot wallet. And maybe I don't know what the answer is, but I'm sure someone's thinking about that. [00:34:03] Well, look, I'll go out on limb and say, if you need it and you want to hold all of your X copies, squiggles and whatnot, it's like right here, you know where to find me mostly stable that just ship it or, okay. Yeah, no problem. Here we go. Uh, w you scheduled for a podcast today? Oh, oh no. [00:34:21] All right. Thanks for that. And we're excited to kind of learn more as you learn more about what's going on there.
Information and data drive most business decisions these days. That's no different in the growing industry of cannabis. New Frontier Data is one of the leaders in market research in business and it includes cannabis. A recently released NFD report explains the trends and future of the cannabis user in the US. The man who curated that information is John Kagia. The Chief Information officer might just know everything you ever wanted to know about the consumption of cannabis by people all over the world, now he's sharing some of that information on In The Weeds with Jimmy Young
Kanav Kariya (President, Jump Crypto) joins the Solana Podcast to discuss his optimism for the future and the many areas in which Jump Crypto is innovating in the crypto and blockchain space. Austin Federa (Head of Communications, Solana Labs) guest hosts. 00:49 - What is Jump?03:07 - The path to operationalizing crypto06:00 - Optimism for Crypto10:49 - Discovering and Building in Crypto with Jump14:24 - Personal Journey at Jump16:43 - What's being built at Jump?17:55 - Reasons to want to build19:39 - What does Pyth offer?22:22 - Criticism about conflict of interest26:30 - How Web 3.0 facilitates resource coordination28:46 - Data contributors benefiting from onchain data31:01 - Token Plans for Pyth31:46 - Message bridging34:48 - Wormhole, stable coins and asset tokens37:36 - Time synchronization for cross-chain dApps39:14 - State storage on wormhole for dApps40:21 - Is Wormhole layer 0?41:14 - Wrapped NFTs44:13 - Jump's position towards NFTs48:36 - Exciting things in the ecosystem49:43 - Custom silicon / FPGAs53:22 - A parallel execution model? DISCLAIMERThe content herein is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. Those who appear in the content may have a financial interest in any projects referenced, and any content herein is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice. This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor. Austin (00:10):Welcome to another episode of The Solana Podcast. I am Austin Federa, sitting in for Anatoly again this week. Today we've got a pretty special episode I think. I'm really looking forward to this conversation. I think it's been a long time coming with a few false starts. Today we have Kanav Kariya president of Jump Crypto, or do we just say Jump at this point?Kanav (00:32):Yeah, Jump Crypto is good.Austin (00:34):President of Jump Crypto, which maybe this time last year very few people knew existed, very few people knew what you guys were doing, what you were building, what your role in the ecosystem has been. So yeah, I guess let's just go ahead and Jump right into it. What is Jump Crypto and how did it come about?Kanav (00:51):Yeah, thanks for having me on Austin. So for context for the audience that aren't very familiar with us, Jump is historically a prop trading firm founded over 20 years ago in the pits at the CME. Today one of the largest quantitative trading firms in the world. And we started a crypto division over seven years ago. It started as an intern project at the University of Illinois, where we were running a miner in a closet and building some trading infrastructure.And today we've got over 150 people on the crypto team doing a lot of different things. So the way I like to describe our business is spitting it into three primary pillars. One is prop trading, which is exactly what we do on the other side of the house, we build trading intelligence and we scale it. The second piece is building and that's the piece that I hope we'll get to talk a lot more about on this call and it's closest to my heart and closest to the heart of the team.And that's in building pieces of infrastructure, really streets and sanitation for the space and a couple of the marquee projects that we've really focused a lot of our efforts on have been Wormhole and Pyth. And of course, along the journey, we've aligned ourselves with a lot of the major ecosystems in the place, including Solana, Terra and a whole number of others in building a lot of different things across those platforms.The third bucket is venture, I like to call ourselves accidental VCs in that we found opportunities to add value, or we had requests come in to work with partners over the last six years in various different capacities. And we found that we could be meaningful in those contexts and work with people that were solving problems for us. And that has now grown into the venture division that's deploying across the space.Austin (02:31):I want to get into a lot of the work that Jump is doing as core code contributors and supporters of projects in the ecosystem. But I kind of want to start a little bit with that journey. I would say that the transition from prop trading equities and commodities to prop trading crypto, that feels pretty organic. And there's a number of firms in the space that have also made that transition. Albeit you guys seem to have made it sooner than a lot of other firms in the industry. What was that process like of going from deciding that you wanted to add crypto to actually operationalizing that? And then we'll get into some of the journey to actually becoming builders.Kanav (03:07):The project started as an intern project at this thing called Jump Labs. There was a research lab at the University of Illinois and was meant to work on cool stuff with the university on working on fun problems. So alongside the crypto stuff we were doing when I was an intern, there was a VR project working with professors at the university to abstract away trading screens. And there was work on some interesting machine learning and networking problems.And the group has grown out of that. And of course matured out of these things, but we've definitely strongly retained that ethos. Now I want to caveat this by saying we definitely didn't have oppressions in being infrastructure builders. When we started the project in the lab that many years ago. It's been a very organic and natural process for us. And it's hard to make the instant leap from prop trading to what we're doing today, but it's easy to reason through the steps along the way.As one of the earliest large trading firms in the space, we had a lot of requests from institutional liquidity exchanges, OTC platforms, and importantly projects that were looking to solve trading and liquidity related problems. And those conversations gave way to us exploring a lot of DeFi projects and a lot of L1 platform projects that shared a lot of the problems they were thinking through on complex financial system design or programming in resource consumer environments, which are very natural and germane to a quantitative trading firm. And those conversations led to jamming about foreign ideas to implementing governance proposals, to maybe starting to write a little bit of code in them. And then all the way into committing over 50, 70 engineers that we have today in building through the space. And that process involves a few different steps. One, it involves the willingness for the institution at large to be mentally long the space. It requires a recognition and frankly a little bit of a taste of the upside.It requires flexibility, which of course, prop trading firms just generally naturally just have to have. And then everything else you can just learn along the way, right? We've done a lot of things wrong. We've stumbled over ourselves a hundred times, but you've got to keep digging shots on asymmetric upside and with all the resources that we've had at the firm I think we've been able to make some good ones.Austin (05:20):Going back to you last year, Jump Crypto had sort of a moment where it decided it wanted to make itself public. You wrote a blog post that was laying out. I wouldn't quite call it a thesis, but laying out an idea of how you view the space and the role that something like Jump could play within it. One of the things I was struck by going back and rereading this is your level of optimism in this post, right? Which is something that you don't see from many financial trading firms. You see them seeing opportunities to make lots of money. You see them making lots of money. They're very profitable endeavors, but you usually don't see optimism contained within it. Where'd that come from?Kanav (06:01):That's a pretty good question. So quant firms today are basically research and development firms, right? So the people that build trading systems, that build the intelligence behind trading systems are generally of quantitative background. They generally have PhDs in either statistics, machine learning, physics, those kinds of endeavors. And the people building the platforms are low latency high performance systems engineers that there are different optimizations across every level of the stack to build robust, scalable, fast infrastructure.The environment down to the lab five years ago was about exploring this space. It was like, what does this space mean? Right. And it wasn't about, okay, how are we going to make X billion dollars kind of getting into this endeavor? It was about exploring it. And I think it attracted that kind of people and it occurred that kind of environment.And the leadership that stays since then has kind of embodied that. And just personally I'm a raging optimist, I believe in technology, I believe in the future, I believe in building towards something bigger. And thankfully I think the firm has shared those ideas and I hope I've been able to shape a lot of the culture and behaving that passion.Austin (07:10):Where do you think that optimism in yourself comes from? There's a lot of things you could have gone into coming out of school. What about both, something, an organization like Jump, which is undoubtedly a great place to go work. But you stay there for a while now, you've worked your way up, you're now in charge of the crypto division. Where does that sense of optimism in you come from and what makes Jump the right place for that?Kanav (07:33):I feel something for Jump because they had a cool internship program and they had a lab on site and they were working on really fun problems in a well resourced environment, that just made it fun and attractive. And after I had the opportunity to intern there for eight to 10 months, I kind of got a sense for the possibilities that existed. And this is the flexibility that the whole space had. And it was like, you come in, you get to make a lot of bets, you get a lot of resources. And if you make good bets, you get more resources and then you get more resources. This is the only place I've ever worked. I think it would be rather unique to have that kind setup. And again, no, I wouldn't say it was a passion moment to come in to Jump and know that I would be able to build suites and sanitation for crypto. But I knew I would get to do a lot of really cool stuff, work on fun problems with smart people. And where does optimism come from?Austin (08:25):Yeah. I mean, you look at a space like this. It's been through boom and bust. There's tons of amazing projects being built in the space that end up going nowhere. And especially from the vantage point of a trading firm, right? One of the secret sauce of a trading firm is it can make money in an up marketing, it can make money in a down market, right. And that is the advantage of a professional trading operation versus a more passive trading operation. But again, like those are not usually characteristics that breed optimism. Those are usually characteristics that bleed margins, where you're optimizing 1%, 2%, 3% here. So you can compound that over a year and it will make a marginal difference. But again, that's not usually an optimistic space, that's a very functional space to work in.Kanav (09:10):Yeah, it is. And traditionally I don't think it lends itself to naturally just exactly this. Jump culture has kind of always been a little bit unique. So Jump also has a number of other kind of divisions that work on non-high frequency trading stuff. Historically, since about 2011 or 2012, had a VBC arm called Jump Capital that invests in growing technologies in this space. They've had some cool endeavors in the biospace working on automation there in healthcare.And so the founders have generally been optimist. They definitely believe in the future. They've been able to take shots at things that are going on. And even if it's not naturally germane to the trading business in and of itself, the culture itself lends itself to being able to do something like this, which is a really awesome combination of knowing how to monetize, but then also knowing how to build. Yeah, it's been an absolute pleasure to be able to soak in from that environment.Austin (10:04):Let's look at the building for a bit. I think it's pretty open secret at this point that Jump are core contributors to Wormhole and Pyth, you've been very heavily involved in that process. Take me back to some of the early days there where you are internal to Jump, and you're saying like, "Hey, we need to do more than just trade and invest in this space. I think we can actually build." And especially you're talking about this from the perspective of sanitation and roads and the very base level infrastructure. Crypto's been around for a long time. I think most people coming into the space in that time horizon wouldn't have necessarily looked at and said like, "Oh, there's very base level features that are missing from this ecosystem." What was that both discovery process like, and then the process of convincing everyone internally that this was worth dedicating resources to?Kanav (10:50):Yeah, the discovery process was very organic. We had a lot of inbound from people looking to solve trading and liquidity problems because a lot of people in the space, even though we were quite kind of new of our trading presence, and as one of the early trading firms that really was trying to make bigger pushes in the space. When you get to talk to awesome founders every day about all the problems that they have and get to build relationships with them, you start to uncover a lot more of the problem space that exists, start to internalize a lot of it.And once you've got the opportunity to sit in that for a little bit, and I'm sure you see this today. We are much later on than we were when we made a lot of those big switches, but there's still a lot of opportunity, right? When we were kind of ideating on the origins of Pyth, the conversation we had was, look, our whole thesis at Jump Crypto is to be as long aligned with the space as possible, right? We're trying to get the maximum exposure we can on the space that we think is going to be explosive. And we're trying to ideate this ways which we put that quote unquote trade on, right? The best way to put a long trade on in a growing space, and the best mode to value capture is value creation. There's definitely a lot of inefficiencies created by hyper growth, right? And there's room to capture those inefficiencies. But those are small in magnitude relative to the absolute value creation at play.And then there's a value creation capture correlation that you think about there. So if you think about it in that lens and you know that you want to be big contributors to the space and just aim to create a lot of value to both, then you start thinking about what the opportunities are within your realm to be able to engage in that capacity.Austin (12:27):But at some point there's a meeting, or you have a boss who you report to, and you have to go down and sit down in front of him or her and say, "Hey, I want to spend a lot of money to hire a lot of engineers to do something that's going to be totally public and totally open source at a firm that historically likes to stay out of the news."Kanav (12:46):It was a few meetings.Austin (12:46):Yeah, I'm sure.Kanav (12:46):And it's kind of baby steps along the way, or big steps along the way that compound into a complete shift and a big switch of that nature. We had this summit, we called the August summit a few years ago. And we went down to an offsite location and we talked about what being in this space means for us and how we differentiate. And I remember we showed up with these sheets that we went around and distributed to people. We were like, this is the toolkit that we have. This is the opportunity set in the space.And everyone kind of had their own, things went on, but that was one of the approaches that I've taken. And if we believe this is where the space is going, this is the opportunity set that we can tackle. And these are the levels that we have to pull, right? And then you socialize that and you try to convince them people that there is opportunity to be had here and you get buy-in to take a first little step. And once you get the buy-in to take a first little step, and you kind of really show the big medics of differentiation in a native space, you get the buying for the next step.And then suddenly it's the entire [inaudible 00:13:47]. You get the whole kitchen sink thrown behind you, and then you are kind of propelling to this part that you want to be at. And that's the whole thesis of Jump everywhere. You take bets with asymmetric upside and we throw the kitchen sink at things that are working. And a lot of the stuff that we were doing started working.Austin (14:02):How is that journey for you personally, going from an intern involved in a few projects now to the Jump Crypto teams over a hundred at this point?Kanav (14:11):Yeah. We've got over 150 now, hard to keep track.Austin (14:14):Wow. Yeah. From a leadership role, and from your own perspective, how has that transition been? What parts of it were easier for you? What parts were harder than you were anticipating? Scaling yourself is often much harder than scaling a company.Kanav (14:28):Without a doubt, yeah. I started in the team as an intern like you pointed out, working on software problems. I came back to the team a year later in a formal full-time capacity, working on quant problems, which was to do with predicting crypto markets, building alpha and kind of scaling that piece. And the early conversations with projects where we were trying to solve liquidity problems was an area that I got really, really interested in. And I just kind of went about trying to build that a little bit further.Over time that led to a transition from engineering and quantitative work to more conversational business development work, just having spent years across all those functions and natively knowing how to live them has been the biggest tool that I've been able to build in the toolbox. Now that doesn't teach you how to manage a hundred people, that doesn't teach you how to propagate culture. It doesn't teach you how to scale hiring strategy. Doesn't teach you how to value the troops when things are low.I definitely want to make a claim that there are many who are close to a finished product, rather than trying to be good at everything, good at every one thing, we always try to be excellent at a few things. And then by force just propel everything forward. I'd say some of the biggest lessons I've learned, the biggest mistakes we've made, definitely been in the shape of trying to shove square bags in a round hole. Where in a trading environment it's like the only people you have on your team are engineers and quants. They're just smart people that can solve any shape of technical problem you throw them at. When you move that towards sales and marketing and product and everything else, that all kind of falls apart.Kanav (16:05):And you need people that are able to natively live within specific sub domains across those functions. And that's something that we've been trying to scale in. I spend basically all my time hiring and trying to focus on making sure our zero to one projects have a lot of momentum. But yeah, it's been an awesome journey. And of course I have support from a company that's grown to a 1500 people as the largest quant trading firm in the world and so lots of guidance and help along the way.Austin (16:33):Let's talk a little bit about that work you guys are doing and actually building. So if I understand correctly, the two projects that you are mostly core contributors to is Pyth and Wormhole. Is there anything else that you'd put into that category of engagement?Kanav (16:46):That's the highest level of engagement for sure. We do a lot of things across the big ecosystems of course. We can talk all of what we're doing with Solana. We're always trying to get deeper. We built an NFD project on the Metaplex landscape after their investment as an intern project. That was a real fun one. We've been core contributors to some of the projects that are coming out on the data landscape today. We've worked on a lot of the mechanism design that goes on, on the other one. And there's a few other projects, but the highest levels of engagement have definitely been with Wormhole and Pyth.Austin (17:18):Looking at over that landscape, Pyth high frequency Oracle. But again, Oracles, they've existed for a long time. There's a number of name brand ones that got their start on the ecosystem in the 2017 range. Lots of people have had ideas about Oracles over the years, some of them have worked, some of them haven't. Similar to Wormhole, bridges have existed for a long time. Bridges are actually the basis of how any L2 works, right? Both of these are hardly new ideas I would say. What about looking at the landscape gave you guys the confidence to say, not only there's a need for something different, but we can help build something different and better.Kanav (17:57):Again, just like 100% organic. In that August summit, we were looking at some of the biggest things we could do. And a big problem that everyone kind of kept voicing to us is that they don't have access to equities data. They don't have access to fast data so that they don't have to have things like clawback mechanisms and all these different things that LPs don't get direct on every turn, right?The fundamental thing with financial oracles is that they're used to settle risk transfer. They're used to set a price at which two parties exchange value. And if that price is latent or slow or not accurate, one side gets left folding the bag. Now, DeFi, the way protocols are constructed, the side that gets left holding the bag is either the LP that's contributing to the protocol or the protocol stakers or a key stakeholder in building the ecosystem.And the takers are able to take all that value. If you are going to build something that's going to house all of OTC, if we're building something like synthetics for example, and your protocol stakers are taking the other side of every trade that happens on S-Oil or SSNP, you need to make sure that's the right price. Otherwise you're just going to get up the way down to zero. When we were ideating on what the biggest ways we could contribute is let's contribute our data. And the first idea was in let's start, let's go and figure out how we bring together a network of people to build an Oracle.It was how do we contribute our data, right? And we browsed through the category of solutions. We had all the conversations. We spoke to dozens of investors and builders in the space. And there wasn't an easy way to slot in high fidelity financial data, into existing Oracle solutions. And so we spoke with some of the founding partners of the Pyth program and came to consensus that there was an opportunity here. And that led to the first step and we just kept building sets.Austin (19:39):In your mind, what is it that Pyth offers that other Oracle solutions don't offer?Kanav (19:46):Pyth is a very hyper specialized tool for high fidelity financial data, specifically financial data for settlement of risk transfer, right? If you think about the way the market data landscape looks today, it's different across asset classes, but there is a class of people that have access to high fidelity, streaming price data that they can legally distribute and make available to a protocol, create like an Oracle program.One you need access to very fast financial data, which is hard to get and even harder to have a legal right to distribute. You want to make sure that the people who are publishing the prices are the real owners of the data so that you can set incentives for the data to be accurate, right? If you are staking the value of a third party aggregator, their third party aggregator has no skin in the game. That's one of the other kind of fundamental things that you have to think about.And third, you need to acknowledge the fact that a price is not absolute. A price for Bitcoin has about 20 liquid trading venues that are distributed across the globe that can often be fractured, that can often have all kinds of different idiosyncrasies. And that being able to accurately determine the price on most relevant venues and build a dispersion is really important. If you think about kind of all those things together, you want very fast access. You want a broad range of access of independent sources, not reporting from the same source.You want very high liveness and uptime of course, and you want kind of good legal clarity that that price can continue to be distributed because you don't want the application to suddenly get turned off when the regulator says, "What's going on?" And those are the kind of key things that Pyth has really focused on very heavily to build that piece of infrastructure and Solana was the perfect opportunity. Before Solana there wasn't a way to create a high fidelity fast Oracle. There just wasn't a need for it and there wasn't a platform for it, right. And so all those things just came together.Austin (21:49):One of the criticisms that you'll hear about Pyth is that because of its structured model here, where the people providing data are permissioned at this point and are also like firms that are professionalized trading operations themselves, that there is an inherent kind of conflict of interest in that system. With any system in blockchain, you have to assume everyone is trying to cheat, everyone is trying to extract the most value possible. How have you gone about setting up incentives to make sure that the users of Pyth and the contributors to Pyth are not at odds with one another?Kanav (22:27):Yeah. I think you made a totally fine point there in that we are building for byzantine systems, right? And so that's the kind of incentive design you've got to keep in place. I'll frankly say I think that claim is a little bit ludicrous for a few different reasons. Once you peel back the onion just a little bit, and I'll talk through some of the reasons why.Austin (22:43):Let's peel back the onion.Kanav (22:44):One, you've got to first understand that the amount of value that can be created in actually pulling something like Pyth off successfully is dramatic. And the forms that are building this are now incentive aligned to make that happen. But two, this is an open sourced protocol, it is decentralized, and you can look at exactly what the inputs are, how they're being aggregated and what their resort in price output is.Three most importantly, there are about 50 financial firms that are submitting independent price data to this article to construct final outputs. And these financial trading firms aren't friendly with each other. This is the very first time that a group of highly adversarial trading firms, banks, exchanges, and ODC players across the entire space have come together and said, "Let's go build a piece of infrastructure." And one, I think that needs to be celebrated a lot, it's a huge win.But two, the trading firm, there are 50 global financial trading firms contributing their proprietary prices directly to Solana on the Pyth program today. We have realized that these 50 comprise of between 60% to 80% of global asset class volumes at this point, given the network of participants that have aggregated around this protocol. When you are that big of market share that you're covering that kind of breadth, the participants in the protocol themselves are on the other side of each other's trades almost by definition. And so who's manipulating the price against who? Let's kind of just start there.The system of incentives that set up in this taking protocol, you can read through this on the Pyth white paper has some really intelligent aggregation algorithms that put all this data together, that identify the quality of each of these independent data publishers that then sets out a mechanism to aggressively punish providers that don't have good prices. And good prices can mean I published a malicious bad price. It can mean I have slow prices. It can mean I published, I had a bug, it can mean anything.The incentive design mechanism is meant to reward data providers that are not honest, but that have great data. And that's a fundamental difference in how system designs, we're not kind of rewarding agreement, we're rewarding prediction. And so you are rewarded for correctly predicting the price that would come up rather than for rewarding agreement between parties, and which can both have different kind of models and can both work in different ways.But there is almost no possibility for one collusion across these landscapes, given the composition of the people in the network. And the incentive structure again is obviously explicitly set up to discourage that. Third, all these forms are heavily, heavily regulated. I spoke about 20 years of its reputation and a giant, giant business behind kind of making a lot of this happen. And we're definitely incentive aligned to make this thing as successful as it can possibly be.Austin (25:39):The Web 2.0 world and the rise of FinTech apps has largely taught people that organizations that claim to be on their side often aren't. There's very legitimate reasons from a market making perspective that during the game stock run up and squeeze, users of Robinhood and other FinTech applications, their trading was turned off. Now, there's a bunch of really good backroom reasons for why that might have happened. But the effect is what matters to the retail trader, which is that they were using a platform that they thought gave them equal access to a market, that platform did not provide them equal and neutral access to a market.I think when people look at something like Pyth, it wouldn't be crazy to say that, well, the same incentives that made us think that Robinhood was on our side, could also be applied to Pyth. What is different about the Web 3.0 space and the construction of something like Pyth in your view that makes that not something someone should worry about.Kanav (26:37):Web 3.0 is fundamentally any means of resource coordination, and it facilitates that by, one, facilitating the export of trust. And the export of trust is actually one of the big reasons why the whole Robinhood debacle went on, right. They basically ran out of margin requirements in order to continue to clear trades on one side, since it was so directional.And there is this massive web of intermediaries that set up all throughout traditional finance for the express purpose of establishing trust as the FCM, the DCM, the clearinghouse, all the other three letter acronyms. And all of them exist to make sure that when a match occurs on any platform that actually settles into a financial trade.In crypto the match is the execution. And that's facilitated by the fact that you can export all the trust of executing a piece of code onto Solana, onto Ethereum, onto the blockchain itself. And that's unlocked this completely new means of resource coordination, which makes things like Pyth possible. It means that you can explicitly lay out a system of incentives in a closed loop fashion. And regardless of who's uploading the code, or who's proposing designs or architecting any of this, everybody is independently participating according to the incentives laid out very plainly by the program itself.And that means DRW and Jane Street don't have to trust Jump when they decide to publish prices to pay. That means they look at the program that's running on Solana that they can read. They look at Solana's trust model and decided they can or don't trust Solana as a platform. And then contribute to the platform that then self executes and lives on its own terms. And the fact that we can allow different kinds of state to compose in a trustless fashion is the entire revolution Web 3.0, that's basically what the whole space has been building for the last 10 years. And that's what makes Pyth possible, it simply was not possible before.Austin (28:32):What does something like Jump or Jane Street or anyone who's a data contributor to Pyth, what do they get out of it? What is their incentive apart from any rewards that might be generated from contributing data. How are they then going back and using this on chain data in their own operations?Kanav (28:51):There's a few elements. And so one, it is fundamentally a two sided marketplace, right? It has data publishers and it has data consumers. And the other interesting thing like Uber did for taxi cabs, where it created a marketplace where cars could now come online, created this marketplace where data that was once latent came online.Jump is publishing its own trades to the Pyth network. That is IP that it has the legal rights over, has only just been a cost center so far, and now has the opportunity to get monetized. And that's the same for all of the trading firms that sit in the network. It's a lot of people to turn cost centers into potential elements in the marketplace and that bootstraps the supply. The consumers of the data obviously are paying for this extremely created highly robust set of data inputs that then get aggregated. And that creates kind of flows in one direction. And then like your regular two sided marketplace, it accrues value, right?All the data publishers today in Pyth have some sort of stake of asset interest in the thing succeeding. And there is a set of incentives that then rewards them for the correct participation going on with fees, rewards, all those kinds of things. And all that is in gross detail laid out in the white paper and we can go over some of that. But the off chain applications and some of this stuff is also quite interesting, right?So if you look at kind of back office systems around the world at forms like Jump, you don't need microsecond level access to financial data, but you need that for your trading engines because otherwise you're playing at a disadvantage related to the field. But in order to make sure that your clearing prices have happened correctly in order to make charts in order to do something like a trading view, in order to get on the Bloomberg terminal or to be on a ticker somewhere, all these applications are now easily facilitated by subscribing to something like Pyth, that's living on an open kind of blockchain area. And so a lot of the off-chain use cases are getting more and more interesting I think over time. The fundamental value is in creating the pricing source for on chain data. And this is kind of like an awesome thing that just falls out of it.Austin (30:56):That's a really interesting way of thinking about both the incentive alignments and the rule that the data providers versus the data consumers play in the market. Are there any token plans for Pyth?Kanav (31:07):Yes, there is a token plan for Pyth. You can read all about it on the white paper, no comments on timing or anything of that at this point. And that's going to be a networking governance decision, but I'm sure in the near future.Austin (31:16):Transitioning over to Wormhole, which is the other project that Jump is heavily involved in as a core contributor of the code. When people look at wormhole, I think it's very easy to look at it and say, asset bridge, multi chain, cool, fundamentally utility. The first thing I noticed when we were talking about this and looking through it is this whole component of allowing different smart contracts on different blockchains to communicate with each other. I think most people understand how asset bridging works. Can you talk a little bit about this whole concept of message bridging?Kanav (31:51):Yeah. And this also kind of goes back to your question on, how do you decide that there's an opportunity here when bridging is something that people have talked about for a while? When we were kind of ideating with everybody else on kind the Pyth's team and the network on how Pyth goes across chain. Hendrick and team were building Wormhole as Solana Eths token bridge on the hackathon project at [inaudible 00:32:17].And I called Hendrick and I asked him, "Look, is there a way to generalize this thing so that we can get Pyth messages across?" We're building this Oracle thing on the best, fast, scalable censorship resistant message bus we can, but we want to get it to all the other ones that operate on a slightly different resolution. And through the course of that conversation, we came to a conclusion that enabling generic message bosses to allow this cross chain composability in a much more high dimensional fashion than just the token bridge word was a massive opportunity set that had to be filled.And so when we launched last August as a completely generic message bus. And what that means is that any piece of state that is created or lives on a blockchain can be included as a message that then gets communicated to any other blockchain environment. And so if you think about Oracles, you think about a governance board, right? Uniswap passes a governance board on Ethereum, produces workloads on a lot of different chains. The outcome of that governance board has to, in a secure, reliable fashion, be communicated to all the other geographies that Uniswap lives on. That needs to be encoded as a message.And so Wormhole has outpost contracts on every chain that is deployed, it is deployed over eight chains today. The outpost contract just listens for a message that is sent to that contract and the Wormhole network of guardians attests to that arbitrary binary block. That block can then be picked up, relayed to any other blockchain environment, verified that is coming attested from the homeowner network and then decode to do anything arbitrary and interesting. And so generic message process have really exploded over the last year. We've seen so many awesome applications being built on it. And I think we're just kind of scratching the surface, right? There's a lot to do here.Austin (34:04):When I think about messaging, I think about how a lot of the models right now for cross chain communication of assets are a little tedious and maybe have more risk inherent to them than are necessarily required. A very centralized example, USDC, right? You can go to FTX and you can withdraw USDC as an ERC-20, as an SPL token or across several different networks. And what's happening there largely is because the mint authority to that is centrally controlled. They're able to issue new, quote unquote new USDC natively on each layer that USDC is supported on. Do you see the capability of developers using something like Wormhole to make that possible for fully decentralized, both stable coins and just asset tokens?Not only possible, but already widely adopted in the Wormhole X asset framework, right? There's over four and a half billion of assets in the token bridge today. And the word token bridge kind of has meant a lot of different things to people at different points in time, right? The old token bridges were bidirectional, state sponsored bridges that sovereign ecosystems would run to communicate to Ethereum, to get liquidity in as soon as possible.And then if you send that across a different bridge, then you would have like a double wrapped and triple wrapped implementation and just an absolute UX nightmare. When you use something like Wormhole's X asset framework, you retain complete path independence as you move assets across the ecosystem. Once you're registered as an X asset, let's take USD as an example, there's a couple billion dollars of USD on the bridge today. It flows throughout the ecosystem using Wormhole on the back end, Terra bridge money, uses one more on the back end to expose one of many front ends to users.When USD flows from Terra over to Ethereum or to Solana to Polygon and then to Avalanche, it retains the same representation on Avalanche that USD flowing from Terra to Avalanche directly or through any other part in the ecosystem would retain. It's a truly cross chain native asset. It doesn't fracture liquidity, it fungus seamlessly, and it allows a lot of cool composition.If you look at something, now like the result in second order effects of this, it's this theme that we've been calling X Dapps, right? So cross chained apps. And we've seen kind of the first marquee deployment of one of these apps in the form of X anchor, which is deployed on the Avalanche chain now, right?And X anchor is just a light set of endpoints that's deployed on Avalanche. And all that does is it lets you kind of hit some functions that then really assets and/or messages bundled or separately or back to the Terra blockchain and then trigger state transitions on the Terra site. Anchor contracts don't need to be deployed to every chain. You don't need to replicate state everywhere, you don't need to stay synchronized continuously. But you allow for outposts and communications and different chains to then communicate back to the home chain using messages and assets. And now the USD that's in the X asset standard can be deployed to X anchors everywhere. And it's a much faster, much more robust getting strategy that has far less communication over.Austin (37:07):Let's dig into just a little bit on like a technical level too. When you're talking about X Dapps or cross chain Dapps that are communicating via Wormhole, you're inherently talking about fractured state across multiple L1s or L2, it's unavoidable when you're ... anything cross chain is inherently working under a fractured state model. How fast does that time synchronization need to be for developers to actually deploy something like an AMM or a club across chain and actually maintain price parody and appropriate liquidity between them.Kanav (37:42):Yeah, I'm glad you brought this up. There's a few different programming models for how cross chain Dapps works, right? One is you try to state synchronize as aggressively as possible. You keep sending messages back and forth. You have allowances, risk limits, tolerances that allow your apps to communicate. And the other is this X Dapps framework where state only lives on one chain and you allow people from other chains to then interact with it.Now, of course that also comes with its own downsides, right? If you look at something like a club and you're trying to trigger a cross chain swap using the club from another chain, you are inherently incurring the latency of the two blockchain transactions and the finality assumptions that you want to kind of work with that. The more stateful your application becomes, obviously the more latency and risk constraints everything through. With something like a lending protocol or like a cross chain anchor, things like that. They are less stateful than something like an order book, but order book is probably the most stateful you can get right in the spectrum of applications.And so any cross chain swap design inherently has to have some additional liquidity back then, that's like fundamental, right? You can ask people to take risk on your behalf. You can have the protocol take risk on your behalf, but that risk exists. There's a lot of ways to program around it and create better user experiences, but fundamentally that's a real problem and somebody has to be compensated with that risk.Austin (38:56):For the X Dapp framework, are you looking to actually be able to offload compute to the wormhole level there? Or is it really just ... The natural extension of this seems to be that eventually there's some sort of state storage on Wormhole that Dapps are able to actually access and leverage with some functionally side chain compute resourcing. Are you guys thinking about that as well?Kanav (39:19):Yeah. The fundamental cross chain thesis is that there are going to be independent, specialized compute environments that attack their own communities, their own audiences and their own apps. And Wormhole is away for folks to leverage state that results from these autogenous environments and compute the solutions on these environments to compose.And you can cut that in a million different ways. You can leverage Solana as a state execution machine. You can leverage Terra as your stable coin asset layer and you can represent this third thing as a NFT thing, or you can bundle them all in. But the Wormhole vision itself right now with all the genetic message capabilities that are out there, in the near term roadmap doesn't need to build an execution layer of its own. It can naturally extend to it. I think you're definitely kind of pointing to something that's relevant.But I don't know if that's the lowest hanging fruit given the capacities that exist in current blockchain compute environment. The vision of course is to make people, Web 3.0 users rather than blockchain users or L1 users. You basically want to deploy resources to the most relevant execution environment with the right community, that's creating the right apps and then expose that to at a higher order to consumers.Austin (40:24):Would you describe Wormhole as layer zero?Kanav (40:28):I'm rather old school, I think of layer zeros as networking protocols and internet backbones and things like that. I think it is maybe a useful analogy for kind of blockchain audiences given how we've very economically can't use the word L1, so I don't have an allergic reaction to it, but it's not my first word of choice.Austin (40:46):What would your first word of choice be?Kanav (40:49):Interoperability protocol. I'm not that creative.Austin (40:51):Yeah. Wormhole is also supporting wrapped NFTs, which is kind of an interesting concept. I think most people don't think of NFTs as something that's been bridged and quite frankly, the numbers on Wormhole on bridge NFTs are quite low compared to the success as an asset bridge or a messaging bridge. What was the original idea of using wrapped NFTs? And why do you think it hasn't caught on as much yet?Kanav (41:20):I think cross chain NFTs as a story are just beginning to play out. So there's about 16, 1700 on the NFT bridge itself. And again, NFTs are also cross chain fungible and composable across environments. They are also part of the X asset framework. And so X assets can mean anything. It can be in rebasing assets like STE, it can be in NFTs. It can be in fungible assets. It can mean anything else, right?The NFT story started to play out as a result of new other ones trying to access marketplaces that supported one or the other chain, right? And so you get to access as new audiences, you get to create experiences with different communities. You get to access different user bases, but we're seeing the experiences get a lot richer. So you see something like [inaudible 00:42:00] come out recently, they got featured on Bloomberg for new cross chain staking program where they have in game elements that kind of change based on cross chain NFT staking that are different experiences with different communities. And much like the asset bridge has that kind of globalization and cross pollination of commercial kind of elements. Cross chain NFTs are globalization kind of culture. And incorporating a lot of those elements across games that live on Solana, that live on Terra, that live on other environments and just creating those kind of richer experiences.And so we're seeing people make NFTs on one chain, come to Solana, fractionalize them, trade them, put them back in, move them over to OpenSea on Ethereum. There's all kind of interesting use case patterns. And so it's definitely been less aggressively adopted than the explosive token bridge or the other generic message applications. But there are still 16, 7,000 NFTs, there are a lot of teams using it for cool and innovative stuff that we just kind of keep up out of the wood works every some time.Austin (43:02):Do you think that's social? Do you think that's technological? Do you think that's just like the ecosystem hasn't matured enough? I think I'm surprised how much ... well, I guess surprises maybe the wrong term. People have a lot of emotional attachment to an NFT, in the same way they don't have an emotional attachment to a Bitcoin. They may have emotional attachment to the concept of a Bitcoin, but I would be upset if I lost my particular Degen ape, even if I got a different one for the exact same value. Do you think that factors in at all to how people view the concept of wrapping an NFT, that it somehow weakens the authenticity?Kanav (43:39):I think for a lot of purists, it does. I think it was just so worthy, right. For the most part, people aren't even going to realize, the large end of this consumers like buying these things, an NBA top shot or air, or any of these other platforms, it's something on the app for them. And eventually it's going to be extracted away as we draw to Eth, we draw to Solana, we draw to wallet, connect wallet, and it's going to be kind of as simple as that. And so we're always going to have purist stakes, but I think that's going to remain within our little chamber here.Austin (44:05):For Jump Crypto in general, how do you view NFTs? There are obviously firms now that are dabbling and market making and NFTs. Is that something that you've looked at and if not, what was the decision not to enter that space yet?Kanav (44:19):It just doesn't take a lot. We are looking at trading opportunities. You are looking about margins, you're looking about what predictive offer you can have, like what the edge you can have on a traders and then how many times you can apply that edge, right? It's just as simple as that. And even if you can get a 30% margin on something that trades a hundred million like week one, I mean, [inaudible 00:44:40] now.But if you have a low volume asset class, even if it has slightly higher edge, and it is harder to predict and more dimensional, this is on a good researching decision. So as that volume changes, we will continue to stay on top of it. And I don't know if these are trading tens of billions of dollars every day, and have really interesting datasets, I'm sure we'll be trading them.Austin (45:00):If the market hundred X in size, you wouldn't be opposed to it, it's just the sizing opportunity issue right now.Kanav (45:08):[inaudible 00:45:08] you can't be the richest man. It's about identifying if there's opportunity and executing all native there is.Austin (45:14):Looking at wormhole, one of the things I do want to touch on is the wormhole hack and exploit that happened a little while ago. It was one of the larger bridge hacks at the time. It was eclipsed a few weeks later by an even larger hack of another bridge, also targeting stolen Eth in this process. I'm sure that activities and projects that Jump has been involved in have had larger losses of money or similar volumes of money just based on the area you operate in. But this is one that inherently to the nature of Web 3.0 is very public. How is that like internally knowing that your core contributors to a project that suffered this kind of exploit, and also that failure is now a public failure, as opposed to maybe where it would've been a private failure beforeKanav (45:56):Building is hard, building in the open is even harder. And building in a decentralized open space where there's a large network of participants, consumers, affected people, the stakes we're playing in, right? That's the stakes that every DeFi application, that every L1 at every bridge and that everything in Web 3.0 that aims to do something meaningful inherently adopts and has to learn to deal with.The hack was big punch in the gut, obviously a big financial loss as well. The fundamental nature of smart contracts is that the code and code can have bugs. And this exploit was kind of deep, deep, deep down in the stack, in kind of like Solana instruction verification account check that was missing. The auditors listed our team that has independently been one of the biggest bug bounty finders in the space missed, and code based at the opportunity to be out in the wide for seven months, kind of had unchecked.The day of the hack, of course really, really rough. Jump is not used to being a public institution. So this was like you said, a very public kind of fallout in nature. I can't possibly have been prouder of the way the team reacted to this incident. We kind identified it within short course of it happening. We pulled the meeting room together, identified the bug, fixed up a batch, managed to coordinate the guardian network to bring it up, bring it down, announce our intent to refill the gaping 320 million hole within an hour of the incident being reported on, and brought the bridge back up within 18 hours to end to end.Building bridges and building cross chain is very, very hard. And that's where the reward for it, building it right, is even harder. You don't even make 320 million decisions very lightly, and this should hopefully signify you how much conviction and faith we have in the code base in bringing it back up in 18 hours. It should tell you about where we think this whole space is going and where Wormhole is going and where interoperability is going and what a core piece of infrastructure in that realm would mean.Security continues to be extremely, extremely top of mind. We have a 10 million bug bounty. We have an internal red team that's basically thinking about breaking Wormhole and our key projects every day. We have multiple audit from [inaudible 00:48:12] with lots of audits going on, pretty intense security review practices, all of which can be found publicly online. And I'm incredibly confident that Wormhole has come out more stronger from this incident. The team has come out kicking and that we're building one of the best and most trusted inter op solutions out there.Austin (48:32):Looking across the ecosystem, let's say over the next 12 to 18 months, what are you personally most excited for and what keeps you up at night? What do you still have worry around?Kanav (48:44):I'm looking forward to a whole bunch of things. So definitely very excited about all the advancements that we are seeing in the succinct proof and zero knowledge space. That stuff is just awesome, it's magic. And I'm just so excited to see all the things that's going to unlock for us. There's a lot of interesting problems in the hardware acceleration space that need to be made to make that possible. There's a lot of problems algorithmically that are kind of being uncovered there. And I think hopefully this conversation has lent on that we have a big infrastructure mindset. When I say streets and sanitation, that's kind of what we think about every day. That's what we're looking forward to. And on what we can build to and contribute to that.Austin (49:19):You said something I got to get a little more info. You said specific hardware to accelerate certain kinds of applications. The only place we've really seen this so far across the entire crypto landscape is ASICs for Bitcoin mining. You see GPU mining optimization, but again, nowadays I wouldn't necessarily even call GPU specialized hardware. It's really commodity hardware at this point that's just deployed for a specific application. When you're looking at the space, where are you seeing actually custom silicon or FPGAs becoming something that it makes sense to deploy?Kanav (49:50):Yeah, I mean, definitely for zero knowledge provers, right? So like two verification times have compressed a lot to the point where it's pretty feasible on most blockchain environments today. But proving itself is still super, super resource intensive. That's where there's a lot of simple math operations that can be encoded into Silicon and into FPGAs or ASICs to speed up the process significantly. And that's where we are seeing a lot of adopt. There's already a lot of people working on this on hardware acceleration using FPGAs, maybe even ASICs on zero knowledge provers.It's a little bit of like it's tough to say when the right time is because there's new changes like algorithmically coming out all the time with the new advances in new papers. And so when you spend a whole bunch of time just optimizing Fast Fourier transforms. And then the next paper makes Fast Fourier transforms not relevant. It's tough to make a decision on when the right time is, but I know there's a lot of work already going on into it. And it's a space that we are very familiar with and that we are also excited about. And mostly, mostly positive stuff on the regulatory side.Kanav (50:56):As of recently I think there's a lot of good faith engagement from regulators around the world on setting frameworks and policies for how kind of all this stuff gets put into place. Outside of maybe China we haven't seen anything very aggressively or handed on cutting off innovation. We even saw India now finally starting to open up. And so I feel more optimistic about the regulatory landscape than I did 12 months ago. We need a new influx of builders to keep coming and building cool experience and leveraging this technology where we're seeing that happen. We need capital being continued to commit to this space where we're seeing that happen.Austin (51:35):The inverse of that question, what are you most concerned about on a macro level for the space still?Kanav (51:39):Asset pricing is of course highly dependent on macro environment and that is unrelated to crypto, right? And there's just like, it's its own thing. And so we'll see price movements on a different time scale. And if you see a very sustained global macro depressed environment, then we're going to see less capital, less builders and less momentum in the space. And I think that's probably the biggest overhang we have today.Austin (52:03):In the long run we're all dead.Kanav (52:05):In the wrong run we're all dead. That's right, so let's keep building.Austin (52:09):Yes. One kind of last question here, I think if you rerun the clock maybe three or four years, the prevailing wisdom in this space was not that traditional financial institutions were going to expand their vision and embrace blockchain and we'd call it Web 3.0 at the end of the day. And you'd have Twitter profile pictures of NFTs, you'd have Jump Trading building software that's open source for a decentralized environment. And we really have seen that that is what was originally pitched as a forked parallel path of economic development.Austin (52:42):It's a little bit more twisty curvy than we thought it was going to be. And there's a lot more integration with traditional companies. As crypto has a thesis about it, that it's moving more consumer, right? Across the spectrum you see more normies getting into crypto in one way or another. Does the existing market of specifically the United States and Europe where you see very few competitors within an ecosystem.Austin (53:07):There's basically only two phone companies. There's basically only three cell phone companies. There's basically only four internet provider companies. Across the spectrum you see very non-competitive markets. When you look at the consumer landscape in the United States, do you imagine that we're going to see similar patterns rolling out there as we saw in the financial industry, or we really are going to go back to that idea of a parallel execution model?Kanav (53:30):Yeah. I'll strongly state that I don't hold a heretical view of this kind of being a completely forked off parallel path that has no relevance to anything that we do today. I think it's an amazing technological invasion that gives us tools to coordinate resources in an untrusted environment. And that's unlocking a lot of magic.Kanav (53:49):But that again bleeds in with the rest of the real world, which is also big and has its own dramatic pieces of innovation and with a whole bunch of other stuff going on. I think one of the most exciting things has been kind of the global equalizer that crypto can serve to be. Yesterday we saw Polygon come out with an integration with Stripe. And these are three kids from India that had no early supporting or backing that kind of boosted the network on their own and are now competing on a very, very competitive landscape with people from every single part of the world that are very well resourced, competent teams.Kanav (54:23):We see [Inaudible] coming from Korea. We see teams from Australia and New Zealand over the [inaudible 00:54:28] guys. We see people from Berlin and the US and everybody competing on the same, not only the similar consumer markets, but also on the same capital markets. And there are network effects that accrue, but not cannibalistic network effects that accrue. That makes me very excited about where the space is going overall. When we talk about integration points itself, it's going to largely depend on [inaudible 00:54:52], right? And that's like an unsatisfactory answer.Kanav (54:55):But if you're talking about financial markets, crypto is already integrated heavily into the financial markets with 15 excellent international venues that are competing, so we already have a fractured environment. That is before the [inaudible 00:55:08], the NASDAQ, the CME groups have made their moves in the space. And they're clearly not going to be monopolies in crypto, obviously, right?Kanav (55:16):If you look at something like a telco and interactions with like cell networks still remains to be seen, whether like decentralized constructions of those kinds of things can be competitive. I mean, building telcos and stuff has such strong network effects and so many economies of scale. And it's unclear whether a Web 3.0 means of accruing that value to a decentralized organization has the ability to accrue the similar kind of network effects and so remains to be seen. But I'm excited to see it play out.Austin (55:43):I always enjoy getting to pick your brain about where these technologies are going and the intersection of a very traditional financial world with this new global system that we've all been building. But thank you so much for joining us for spending some time digging into this stuff.Kanav (56:00):Thanks a lot for having me on Austin. This was super fun and as always, love chatting, so yeah, we'll see you again soon.Austin (56:04):Thanks.
Theme: Have Utility NFTs Peaked? MoonBirds showed value of Utility NFTs as Proof floor >100, Moonbirds > 30 Speed up can be an indicator of speed down. Is this different? New utility NFTs launching (PoolSuite, Quantum, VSP, MyBFF, MetaRelics, etc) Monster projects seem to be coming up each 3 months Affordable project: Vayner Sports Pass NFT NewsRantum NFT Market Data, Cryptoslam.io NFT Headlines: Get Paid to List NFTs on LooksRare Artist Trevor Jones Announces A NFT Holders Party In A Scottish Castle ApeCoin Experiences Massive Rally Ajax football players trade Sorare NFT cards on insider info allegedly - Ledger Insights - enterprise blockchain Transcript [00:00:00] Today on all about affordable NFTs. We're talking about the very unaffordable utility NFTs a little bit more into moon birds and the the larger [00:00:54] ecosystem of again, how utility is really justifying valuations and valuations of, of these projects. [00:01:04] What have [00:01:05] we seen in the news? [00:01:06] Yeah. [00:01:08] Yeah, here we go. Got a few headlines here. rare. They got a new sort of marketing tactic out here where you can know. The looks token by listing your you know, it's, innovative, I guess it's not my favorite favorite marketplace. But they are certainly trying to move some more adoption to. [00:01:32] That to their marketplace one way or another. are rewarding users by adding there. So I think I read That you need to do 10 or so to make it worthwhile, but if you do have and have some that you want to list, it is check out. [00:01:48] Yeah. I mean, looks token are actually about 25% over the past seven days, which kind of nice [00:01:55] Right. I believe around $2 or so [00:01:57] right now. [00:01:57] Yeah, I got up there. I got up there. Cool. All right. So I guess another token news we've got Abe coin, which they believe last I looked was up over $15. It 30% in about one day. And that was after news leaked out. That UGA labs was planning to do their other side land sale or to hold that sale in the. Ape token rumors are, that's going to start at 600 ape, which would be w had $15 would be around 9,000. [00:02:33] So a little bit over three eat at these, at these priorities, sorry, around three, that these prices. So that's sounds like an aggressive price. When you consider that this first land sale will have thousand pieces and they plan a second land sale for hundred [00:02:50] Sorry, you said a hundred 200,000 [00:02:54] 200,000. Okay. [00:02:56] So I don't, you know, that's a lot, [00:02:58] I'm sorry. 200,000 things priced at three east. Yeah. So that would be 600, you know, if that's real, that's about ether, which would be over what over. Yeah. Oh, that's $1.8 billion or so, so I can't imagine they can really take that in. I would think that I, you know, I've heard also that it could be Dutch auction of, I don't understand how the Dutch auction or worth of work with I don't know. It'll it's, it's interesting. You know, I don't know. If it's too aggressive of a swing, certainly sounds like it may be. But they are going for it. Anyway, and so far people are buying the token in anticipation of that. We'll see closer to the launch. These are All rumors So far the actual mechanics you know, haven't been announced for that land sale. [00:03:42] Although so far, a lot of these rumors that have leaked out of UGA have proven to be [00:03:47] accurate. [00:03:49] Yeah, I'm just looking 14 days. Roughly speaking, it's up 35%, but literally as we're talking over the past 24 hours, it's dropped 16%. So this thing is, this thing is getting wild, right? It's going up and I don't own any aid. [00:04:04] I will say prior. I do own looks [00:04:06] and I know that you own [00:04:07] eight and looks right. [00:04:10] I do not [00:04:10] own looks anymore. Now I have a little bit of ape. Yeah. All right. So next [00:04:17] I just like really quick, like on the eighth thing, like I said this in the discord, but like, I'm like, I missed the train. I missed the train and anytime I find myself trying to throw my baggage car, as it pulls out of the station, like I make a mistake. I buy it. So I am firmly of the belief that like I missed it. That's fine. I, I might keep an eye on the but I'm nervous about those numbers. Maybe we'll do about land perhaps. [00:04:43] Alright, perhaps. All right, what else we get for headlines here? we've got a rate Georgia. You've invited to a castle, a Scottish going on. [00:04:56] Andrew, I'm going to have to have a whole new, a whole friends, because artists, Trevor Jones announces that NFT holders get to So Trevor Jones is an you know he's done a number Bitcoin angel and you know, this is an interesting project, one of the like [00:05:13] tying to Integration to the reaches 7, 7, 7, 7, 7 of giveaway. However, this is [00:05:21] really funny. Sterling castle in an invite only, I I don't think I'll be able to make it. It's nice to get. Usually it's just nice to be invited to a castle. [00:05:32] I mean, I, I wouldn't see a few. You can just swing by, you know, [00:05:37] I don't know. Maybe I [00:05:38] can do it. I've got to talk to you a wife and see if she'll no, no, I think I know the answer to this already. Yeah, [00:05:46] I got an extra I have to, I can give you one if you want to come with. right. Well, we'll see what happens there. I think that we'll see you when you make it over to the party. Sounds like anyway, moving on. Let's see what else we've got here. We've got this one and this one's good. so we've got the Ajax football team soccer team. We're caught like or trading on some civil rare and FTEs. had found out. [00:06:13] that they were going to switch the starting keeper. starting keepers NFTs, bought the back. Before the news went public, of course, people have figured this out. They've got public accounts. So you know, fans and others quickly figured out what happened here. So, so far they're saying not, it's technically not. [00:06:33] Regulated by commission. Although I imagine that that one's not going to hold up so well with their, with their league. I don't know about the the financial implications remember what you do on the blockchain can be seen could see the time. So even if it's not known right at the Yeah. I mean, clearly if it were a stock, that is [00:06:58] something that is frowned upon by the And in general a public market in any ways. He's a big no-no, it's just dumb. Like, what are you doing? Don't do that. But it's the beginning of the complexities of when NFT marketplaces that offer liquidity to you know, players, trading cards and pieces that impacted, like, I wonder what would have happened if those were sports cars and instead they dumped them on eBay. [00:07:26] I don't think anybody would look two ways about it. But because it's on the chain, it's with your name doing this and people will find out. [00:07:35] That's true. Yes. You know, her too hard to complete that information when it's on the [00:07:42] speaking of sports smooth transition here, look at me. [00:07:46] Speaking of sports, the Vayner sports pass, you're bringing this to us. I have heard about it. We talked about it. This was AAJ Vaynerchuk, Gary Vaynerchuks brother, this was the notorious [00:08:01] and infamous now uh, Supermint price where the cost of minty. [00:08:07] Far exceeded the actual amount that was paid for the actual project. So do you want to talk us [00:08:14] through the Vayner sports pass and why you see it as an [00:08:16] opportunity? now. , So this is now it's the collection is now sitting at about a point for a floor. I believe gun back and forth a little bit under that. We. you know, has, as we talked about, this caused a quite the waste of gas when launch and has certainly helped to keep the full floor down. [00:08:40] I think, you know, it got a lot of negative attention when it launched. So I think in some ways that is good as a, you someone at the collection now. We talked about at first, it is by AIJ banner who is Gary Vaynerchuk. Brother I don't know, a ton about his, ex his past. [00:09:01] I know he's been some of guarantees projects in the past. believe, you know, I have to think that he's going to use a lot of his connections that he felt with with Gary over the years to to help promote they do have a, they've announced that they have a roadmap coming this But hopefully it is more than some of the roadmaps we've seen where they are quickly maybe a Google doc and published. That's this is my hope that it's done in a much more, professional manner. They have announced some partnerships with athletes in the NMA area. I've not terribly familiar with MMA. [00:09:35] So I don't know, sort of the level of notoriety these athletes at this point. So these keys themselves are. There are various icons on various backgrounds and colors for the part or the basic ones. There's, not much difference among those. [00:09:54] From what I can tell, I don't there's much different in what they give you in terms of access. There are a few levels of these. So when you're looking at see that there are so. Let's see different, there are different colors that do have a more, that are more rare than others. So you see different levels. Once you get, let's see into like the gold, those jump up a bit. Let's see. The green actually. Let's eight aren't much above floor. Again, I if there's something to that color I have to think that there will be certain certain levels of access with different tier cards on here. [00:10:33] But I think it is you know, it's at an affordable price now let's see. Point three, nine, five as we speak. I've been watching it, do not have any yet. And I don't think you have any at this port point either, right? George. [00:10:46] I don't, but like my macro piece on this you know, from podcasts I've been listening to. Including overpriced JPEGs and people that have worked firsthand with ADV Vaynerchuk, the guy is sharp. The way that this was coded on chain was done intentionally. So the, the bad byproduct was the cost of gas and sort of getting this out there. [00:11:08] But it was in favor of a long-term technical decision. So far. What I know of the Vaynerchuk brand is succeed and is tied to the whole. And that they're [00:11:20] very, very deep into these sports [00:11:22] media. and what's more the sort of the [00:11:26] Vayner VaynerMedia And the marketing therapy works with a lot, [00:11:31] As you [00:11:31] mentioned, sports teams and has a lot of access, and they're becoming frankly, the leaders [00:11:38] in crypto consulting and NFT consulting. and I dunno, you combine those things for me. And I think. [00:11:44] It's very clear that [00:11:47] this probably pays back with drops alone. And the other reason of sort of like why now because that was one of the worst drops I have [00:11:54] seen ever, and I think [00:11:58] it's still holding at a price, [00:12:00] It would have killed a lot of projects and I think [00:12:03] in the water. You kidding me? [00:12:04] and I think it's really, I think it's, it's, it's great that it hasn't killed this one. and I also would have been surprised if it actually did because you know, Vayner name, they don't, they don't take it lightly when they put it out there. [00:12:16] As you said, You know, I think it's, it's interesting to think about how they think it's all part of the the whole, and you know, one bad project is going to you know, make it a lot harder for them to continue going. They've been in this space, you know, for a long time. You know, at least as, as long as you can be in it it's not like some of these other names that are coming in getting involved and then launching a project, you know, within AIJ has been in the space, you know, has definitely been around and with both Gary and Vonda own, in the space. [00:12:49] So, you know, that makes me more positive in thinking that they're to continue on this project. I also think that there's a very. A very strong likelihood that a lot more young athletes begin to get into NFTs and Vayner sports has a big leg up on the competition. When it comes to getting involved with getting those, athletes, athletes involved with them, they are already here. [00:13:13] They're web three native, and I look at that and look at this as one of the leading brands. [00:13:20] Yeah. just to make this even more complicated in addition to the card type which has escalating at that peak looking at diamond, in addition to [00:13:29] that it looks like there. are icons on them about each one, has like a couple of icons and [00:13:35] each one is associated with things like e-sports golf, football, So. [00:13:41] do actually have. Value to that. Are there, are there, are there like that's, I didn't believe that there were, there was anything to [00:13:49] those, but I wouldn't [00:13:50] This one has a baseball ache. Just one. So some have one. Okay. [00:13:57] Yeah, I don't know exactly if there is something to, you know, if there's actually a valued, tied to what is shown on the card or not. You know, so it may be worth looking into a little bit more. I haven't found anything about that at this point, if you do find something or we find something we'll of course discuss that in the discord. [00:14:16] So hop in there. If you are looking to get into this one, and hopefully we have discovered a little bit more, we can share [00:14:21] there. [00:14:22] Yeah it's, it's worth looking at. And I, And I like the why now, And also getting back, you know, to what we're gonna be talking of main utilities and new moon birds, watch this smooth transition. I think when you have a project like moon, birds come in and literally move the entire market. and when I say move the market like crypto slam for the past seven, Shows a hundred percent increase. and guess what? 375 million of that came from moon The next highest is, mutiny at 68 9, which all these numbers are absurd. So when I see that, oh, I, you know, I know I'm frustrated about missing the boat few weeks, which is. actually a lot, I'm missing a boat on, on moon birds, but the opportunity is that. [00:15:09] These other projects some of these like high value, you, [00:15:12] know, projects are out there and have an opportunity kind of some value. Right. And that's what we're, we're trying to do here. Find something affordable and all right, Andrew, let's talk about, and FTS. We just talked about members. [00:15:29] They showed the value of utility NFTs. Can you just explain, like we're throwing around utility? What the heck the actually get if you have like a moon bird, what is, how has utility. defined. [00:15:41] I mean, that's a good question for me. What the utility of the moon bird is. It seems to me that the proof pass was more of the utility They created this moon bird collection approved pass gives you, gave you access to mint, one of the moon birds. You know, I guess, how would you ex how do you think, do you consider the moon bird project, a utility still? [00:16:02] Or do you, or, or is that just a PFP project? [00:16:07] it is definitely utility And that you get access to a certain type of discord. Right? I know that you're going to be able to hang out in discord room. Kevin Rose. Cool. you're going to probably be surrounded by a lot of whales and people. Influential or at an absurd amount of money, for these things. [00:16:25] And I believe that there's going to be continued utility. They talk about what is it like towers or elements that they're going to be developing. And the way that I see the utility is like yeah, you get access to this discord. Yeah. future drops as people tripping over themselves. [00:16:40] You know, do the next partnership and drop and you'll get [00:16:44] to two of them. And, you know, you'll probably have like an art blocks effect where, you know, it'll have the sort of shiny gloss of something exciting. And then the other part of it is you're kind that this is going to be the next Hugo labs because of hype and potential of a at this point. Like for that much money, you're like essentially a [00:17:05] seed investor in a company. that's kind of guess what I'm looking at. When I looked at the utility there and I was like at play ball. [00:17:16] Yeah. think we're we're sort of getting started with, with these utility NFTs. You know, we've talked about Vayner sports, you know, that's at a pretty low price, you know, I think there's not, we haven't seen what that is seeing up. [00:17:30] Quantum art the Photography platform by Justin Arsano. They've released a quantum pass recently. I see that six or seven eat now. And access to future drops. We seen some others pool suite is one they've been operating as kind of a, I don't know what you'd call them, but an agency of sorts doing pool sweet they've recently done a NFT project, That again, is going to give access to things. I think we're going to see a lot more of these especially with I don't mention this before, but when people start looking at the, the amount that was raised by moon birds, so quickly 78 million, and have, you know, have. The credibility of people like Kevin that are looking at that and starting to make plans right now. So I don't think that I don't think they we're even close to seeing utility in FTS peak yet. I think we're, we've an immense demand. And I think everyone's trying to maybe spin their project, the mold of a utility and Ft. [00:18:41] Now, you know, it's going to be, I think we need. To start thinking about, you know, how to actually at what a utility, what utility really means to an NFT, because it's going to be a term that every project uses now. [00:18:57] Oh, yeah, for sure. I mean, they were using it before, but this is just to look at this. It blew away. Even my high-end expectation of like price tracking and what I thought would actually happen when a bunch of frankly, random you know, two things that they had bought and it just, it was incredible. [00:19:19] And so I, I also agree, I don't think utility utility is peaked, but I thought it'd make a good subject title. So I toss it in the top. And the reason ties into, I think you're selling in part belonging, tied to financial website, and both of, those things are quite powerful in and of themselves. [00:19:38] But what I mean by belonging is the same. Dynamics that happen on Sunday in a church, in your neighborhood where people show up into the same room in the same way and say the same with the ability to feel like you [00:19:53] belong to a group is in large part. What I think I see the value of a utility when you talk it about [00:20:02] as like, all right, we have access to this discord. [00:20:04] Oh, I'm going to be able to socially identify as this, you know, group of people. Capture some part of my identity and you know, there's very much value in that utility There's a reason why people signal with, [00:20:18] you know, $60,000 Rolex watches, because they want [00:20:21] to show off that they have been club. [00:20:25] I am successful because I have this thing, so that's not going away. So it's not peaked. It's very much endemic to [00:20:30] our [00:20:31] Yeah. So I had argued that that part The value for the sake of having it be high value. Isn't that more of a PFP sort of aspect to a, a, collection than a utility. And if key, I mean I don't know nobody who, people, at least weren't calling board apes and, utility and Ft. [00:20:52] Although they've proven to be that if you've held the I've given away all these things, but, you know, initially it was more like, well, you're around these other people that want to hold this thing that is absurdly you know, I think in that regard, but you can always say that as long as private discord and it's a high for praise there's, you know, It's a there is some. [00:21:14] Utility to it and that It's keeping out people that can't afford that if that is not saying that that is what you're you know, I'd say, I'd say that these, the moon birds is certainly prompt. You know, they're already talking about adding more to this. dates And and have to do this, at the time. [00:21:28] And I don't think that it would have meant much to people to say, to promise all these things, you know, nobody knew that that were going to hold any value. Now people have seen that play. kind of explicitly saying we're going to continue to build they've even they've hinted at tokens. all out there. So I think there's a, it's much more known that these are going to not just be a highly valued collection or not. And I can't say collection. It's not just seeing it's a highly valued collection. It's also that they will. [00:21:58] Give holders more value or at least more assets, you they'll have to prove. But they're going to give them more assets. They're going to continue to build. And they're going to put, put effort into this, that a lot of projects maybe have promised and have yet to deliver on. [00:22:14] So your original interesting and I can take the extreme that a position that all PFP projects and all NFTs have a promise of. I could put them on a utility spectrum. Right. I bought a one-on-one piece of art and the utility I get is it's beautiful. I like looking at it you can say, I get access to a discord. I have, you know, an extra that I can own and I can, I have all of the rights to so I can put it on a t-shirt And a mug. So I think the, question is what is the versus what is the actual utility you get? you know, You're seeing now it's more about execution and trust. I'd say there's no longer a, a new clever, like, and by the way, in our roadmap, we're going to have sparkles. [00:23:05] I think the, the magic of the are kind of fading away. And coming back to what happens here is it is trust in the founders. And you know, he's built up this community of people that listen to his podcast. that like this is, you know, the guy [00:23:19] behind dig knows how to build things. [00:23:21] And then, you know, the, that vision, you know, getting behind that vision and believing it is, is you, you're just acting like a seed investor. More so baked, into there somewhere. five spot. There's a new competitor, right? Like this time you, the labs didn't freaking exist. Like hold that in your mind for a second, And punks were like dominant. [00:23:45] Leave. They were out at this point, but it was right. they were just in their infancy. Believe it was around. [00:23:52] I could be [00:23:53] Let's look it up. I'm kind of saying they hadn't launched yet and you're saying they have, okay. See, 30th is the first [00:24:14] day I saw. [00:24:16] All right. So about a year [00:24:17] ago, [00:24:18] I'm a mirror almost on the universe. Like when this comes out, this will be so, so about that for a second, right? Like time, suddenly this like massive company [00:24:26] starts you know, it didn't take off until a couple [00:24:29] months after the project, then you have something like a Zuki, which launched like massively in, [00:24:35] I think you know, Q3, whatever it was. [00:24:37] Have to get the [00:24:39] memory of a [00:24:39] Right. I mean, I think we've seen a lot. I mean, I think even going back further unit. Two a year ago This is in 2021. It, you could even look at it. If, if you want the market was there was nothing going on And it would, it's amazing to think then you the labs launched their project. And it people into it. [00:25:00] We saw art blocks going it was kind of leading up to that. It wasn't until the summer that it really went crazy, that has certainly died down, but then started really noticing the UGA labs success or bird ape success. And I, you know, I think it spurred a lot of. Copycat projects you know, just some other animal project that you know, we're promising the same things and people have, over time kind of maybe realize that it's not a matter of just a ton of different projects of the same of the same ilk. you know, you need different projects. And I think that's what we're seeing here with, You know, with proofs and with with moon birds, even with the quantum different projects lead of categories and. become the project to to, to sort of dominate that category. [00:25:50] And we don't necessarily, we're not going to see said we're not going to see maybe, you know, a hundred different projects that are successful with that same model. You'll see a few different ones, but they're going to need this. have something different to them. And I don't just mean the animal that they're using. [00:26:03] You know, I think we've, we're seeing, we're seeing board aid to be very successful, what they do. You know, obviously you see move birds right young project. We don't know, you know, I don't want to, you know, I don't want to say. Overstate what they done at this point. You know, I think that come back down to a a level below that 38th floor and still be as quite successful. [00:26:25] But, you know, it's hard to say the long long-term success, but I, I think it is, you know, it's interesting to think, you know, as, you know, getting back to what you were saying, like how we've seen different projects, take the lead and. Yeah, I guess, you know, another one is at a Zuki and seeing more of the sort of into this. [00:26:40] I think that was a big entrance and we do see a few projects, but it's not like it's completely shifts the market. And I think we're starting to see that a bit that the best projects from these different, continuing to [00:26:50] shine through. [00:26:52] Yeah, another one I was going to call out was artifact And when they, when they dropped but it's like it's like every three months. it seems like, there is just this sort of like, [00:27:02] Huge [00:27:03] setting, [00:27:03] launch. What I'm also noticing is different than board apes, which frankly sat at a 0.5 E floor for like a months. is that these newer ones, right? the ones I just went through, like every three months, we're getting these new big. There they're up. into the right almost day one. you have to take really uncomfortable levels of risks to get in on these, on these hype cycles. Right? Like we looked [00:27:33] at artifact and we talked about it as affordable project. [00:27:35] We were like, oh, Nope, sorry, psych your [00:27:37] mind. and like Zuki went from zero to 60 immediately [00:27:40] within a matter of like days and hours, not months. So like, clearly we just talked about what happened with boomers. So these new large [00:27:47] projects. In my mind [00:27:49] prior was this idea that like, oh, there's like very treasure around. [00:27:52] One of [00:27:53] these is going to take off. And that the truth seems to be more like there's going to be something that is absurdly hype that comes up. And the question on something [00:28:04] So massive size bet. I would say we have to start thinking about this a little bit more. They are it's big bets. They are big sized bets. But I think what is interesting to notice, these are some of the most hight and they're succeeding. So you know, in, in the sense of the risks, Reward as risky as risky in the terms of it's going to go to down, you know, at least if you can get in at the very early part, you know, now at 30th, obviously I think that can that can go down 50%. Pretty easily, you know, at, at that 80th floor, when you see the volume that had, it's a you know, in you know, I'm thinking about that And that's not, it it's, it's hard to think that it D volume was Oakland to all of a sudden disappear to the point that the floor would printed 80 is a lot of ease to get into that part is challenging. You know, it it's but I am starting to see that the big projects, it's not exactly these, these diamonds in the rough they are, well-known, everybody's talking about them. And if you can get into them, even, you know, at the, the inflated floor, the initial floor price of them, they've been. [00:29:20] Extremely good investments. And especially compared to kind of trying to find the, the follow on projects that, that launch hopes of, you know getting some of the, you know, getting some of the success of those bigger name projects. [00:29:39] Yeah, I, I, guess, you know, kinda, still, I'm still like frustrated by like the fact that like, even if you see the next one coming, the, the level of risk you have to be in it is like pretty darn high. and you know, I think coming back to like, what we're doing here are the look at things like. [00:29:57] I'm not giving up on that I think there's a lot of fun to looking at, you know, pieces that won't make the top 10 and that's fine, but you, know, things that, by the way, still can like provide value and like give access still very much part of this Coinbase [00:30:14] bringing in the NFT market. And I'm hoping that brings more life to the middle market. Because look, we're, we're dealing in a market and we're like suddenly looking at [00:30:23] Lamborghinis and we're like, we don't drive fricking things. Like I drive a, you know, a cheap, a cheap plugin. I want to that's fuel efficient. it's just, it seems like we're being asked to look at markets that outside of our size range. In general, [00:30:39] you know, if you, if you talk about [00:30:40] what's. Appealing to you know, it's just a disturbing show of money being thrown around at a I'm still doing it. I'll still look for affordable projects. They're out [00:30:54] there. [00:30:55] Yeah. I mean, yeah. I mean, I think there's affordable projects. It's I, I'm, I'm more wary of, of, of thinking that the market will follow a leading project rather than just that leading project becoming the sort of category filler. And then moving to sort of, what's going to be the next innovative project that that does something different to define. [00:31:17] A project rather than just a lead or follow along with the trend. [00:31:24] Yeah. Well, I mean, what's interesting is that every quarter Massive run-up because one, the Capitol is going to look for another place go with it and throw, throw around. [00:31:34] And there are so many talented founders, leaders, developers, companies that have not [00:31:40] even touched this space yet. And you know, they're coming and there's going to be [00:31:45] opportunities in there. And know, that. that, that is exciting. So I'll, I'll get over my I'll get over my phone. [00:31:52] Eventually and look at, look to project, but man, I don't know, Maybe next time [00:31:58] I, when I, have that high conviction, just, you know, it up and just say like, all right, should I do this? and maybe I'll just trick you into splitting it with me. [00:32:09] All right. Yeah, we've got, I mean, it isn't, these are great wins. If you do win [00:32:12] the the raffles and those [00:32:13] course, I did respect that they did the raffle. that was very [00:32:17] they did, gas. And obviously there were some big winners there. So, you know, I'm a happy for the people that were able to spend the two and a half Yves and now are sitting on a 30 each asset. [00:32:25] So that is that you know, that. Didn't have a lot going into that. We're able now, Ooh, that's a big, that's a big win. So hopefully there are a lot of people that really appreciate that and you know, whether they take it or not you know, that's you know, that's a tough choice, but [00:32:42] yeah. [00:32:43] Good one to have, [00:32:44] Yeah, I had one more note just to call out here is that I get I'm always concerned about the speed and time with which something runs up as and time it takes to run down things that burn fast burn out. so there's, of this coin for sure. And those founders know it though. [00:33:02] I know is very, very savvy in terms of building tech tools And user engagement. As you know, as far as dig your window to execute is, is very [00:33:12] narrow, I would say. And [00:33:14] also the risk of saying like, you know, it took, you know, three, it took one week to get like 36 ease. Okay. I'm much more comfortable if that's like it took three years to get to this point. [00:33:25] Like that's a, sturdier base with people that have been sort of like holding in a competency And tested. You know, the board ape apes and moon birds right now is, is really not a fair at all. But those prices, I imagine, like their minds, they're like, oh yeah, this is like going to be a blue chip stock. Oh yeah. Bloomberg's is blue chip now. And you're like, because prince. [00:33:48] Yeah, I'm sure there are already people putting that in there. And I think price is a dangerous indicator of it being or dangerous sole indicator of something being blue chip. You know, there is a, there is definitely a concern that it. could come down relatively quick. We have seen it in the in the past, not saying it's going to happen. [00:34:06] And I think that. Nesting slash staking mechanism will help some with with a sudden flood of, of listings. You know, that being said, you know, things, things can change in in very quickly and, and FTS. [00:34:25] All right. That's what we got. Hopefully that was helpful. In summary, utility NFTs have not peaked. All utilities have NFD. All, all utilities have NFT, you know, NFTs have utility. [00:34:37] One of those is maybe true, possibly true, but one, well, we'll let you think about it.
Coinbase NFT Coinbase announces beta of NFT marketplace with social engagement https://nft.coinbase.com/shop What does it mean? How are projects listed? KYC mandatory? Social NFT first? https://nft.coinbase.com/accounts-to-follow No verified accounts, many impersonating known NFT Twitter accounts Lacks attribute filters Affordable project: FewoWorld: Paint NFT NewsRantum NFT Market Data, Cryptoslam.io NFT Headlines: Coinbase announces beta of NFT marketplace with social engagement Moonbirds Shatter OpenSea Records With $240M Traded Within Four Days Of Launch - The Defiant Rough Transcript [00:00:00] Today on all about affordable NFTs. We finally get to talk about Coinbase NFT time. It is time to speculate. I'm so excited. Your mic is not on. All right. Well, we have been talking about it. We already, I feel like, and now we finally get to to talk about it with a little more substance, but we're in based NFD has launched and at least in beta, what does it all mean? [00:00:29] Basil? What does it actually mean? It's launched. That means we can all get access, right? Andrew, like we can log in right now and start using it, right? Not exactly. Yeah. I'm not clear how many people actually have access to this. [00:00:39] Small as a hundred people, which may be ridiculous if it's that, then they really got to clean up the spam. They can literally just point out. Who's stop it. Stop it, John. You're the only John on the platform. Stop it. Well, anyway, I think that it's obviously big news and it came on on April 20th. [00:01:01] You know, on a date that there are many other I dunno, and Ft, shenanigans launching all sorts of projects themed for the day. And I'm not sure why Coinbase did it that day, but they did seem to wait maybe for the you know, I'm sure they were doing some regulatory issues, the official, why they had to use that date, but, well, no I'm saying I'm sure there were some things going on behind the scenes. [00:01:26] And then you do wonder if maybe their crypto experience led them. Launching that post NF, I mean, post a us tax deadline time. I mean, they do know how that tends to affect the crypto markets. Yeah, that's right. I mean, frankly, it didn't obviously moves a lot of money around. It usually causes a lot of sell-offs in equities and that probably extends to NFT markets as well. [00:01:50] So like we're finally through this. Terrifying annoying, wait and see tax time. So maybe this is like kicking off a, a new start, but we'll get to some more of like the speculation on what we can tell. Cause neither one of us have an account. The other big thing that happened in the last week and we were talking about it. [00:02:07] Oh man. This was the inverts moon, birds. We thought it would be big, right? We thought it would be big and somehow it was bigger. So I'm just going to like this is a Kevin Rose project coming out of the proof collective and proof podcast. And, you know, there's you know, it's a utility it's utility token gives you access and they're going to build them. [00:02:31] It's. It's copy paste a roadmap. Like we'll have a metaverse we'll have a thing, except it's being done by somebody who was the founder of big who's used to executing. Who's built up an audience of whales. So it's, it's ridiculous. Can you give us some numbers? Cause I'm just using abstract. Can you put it in context? [00:02:48] In terms of how big this launch was? Right. So I guess we should start by saying this minted. Two and a half Eve. And it was a, I think we mentioned this previously, but it was a raffle, only a white list. So I don't know how many entrance they had, but you know, if you were on that, it was like winning a lottery spot because they immediately were going for 80 or so I think nine Eve by the w. [00:03:12] Lowest for that I saw. And at that point I I thought that maybe that was a little overvalued and thought I would have a chance to get in at a lower price and they just kept on climbing. They've done. Let's see, the first four days they set a new open, see record. 240 million traded. The initial, it should say the initial sale brought in about 78 million directly. [00:03:36] So that's that's certainly going to get the attention of other other people with maybe the following or network that someone like Kevin Rose has and the experience that he needs, someone like that has. I'm sure they will look at that 78 million. In you know, a matter in a very short period of time, you know, as, as we know that there was a lot of buildup to that. [00:03:55] But that is an impressive Mount. And now they've got 240 million traded. They are taking, and I believe, I believe it's a seven and a half percent cut of the of the, of each sale there. So I thought they were. Oh, I believe it's seven and a half. Let's see. So I could be wrong, but let's say that, you know, even at the so I guess we're at about 18 million, they've taken in at seven and a half percent on that 240 million. [00:04:23] Although I believe that I've looked at a number just recently and it's, they've done a good number, a good number more than that. I believe it's up over maybe 400. 15 million now versus five days. So we're talking about crazy numbers. It's, I don't know. It's, it's done much more than I anticipated, as I said, you know, I do feel like that train has left the boat at this PO but the boat left the station at this point for me. [00:04:51] And I missed that one. Unfortunately, you know, but I do think. You know, it's hard, it's hard to, hard to surmise that this won't influence a lot of other people to launch projects like this. I can't imagine that many will come even close to the success of this project, but you know, you can, there's a lot of wiggle room in there to do quite well without getting to a 30th floor. [00:05:12] Yeah, look, we're going to dive into a lot of the implications of this. You know, we were, we were both sort of like we had parked some ease and I think we both have a, I had a reservation price. I'll say my reservation price was five eighth. Had those things gotten to five eith I would have pulled the trigger and it was, I just feel so frustrated that I was like, I knew it was coming. [00:05:34] I knew it was going to be big. I knew it would be a worthwhile investment, but I like looking at it. I can't be angry for no. Blindly pulling the trigger at eight E like, I can't, I can afford it, but like that's, we're talking about a massive investment in a startup company, right. In essence, that is been around for a year. [00:05:55] Like the proof collective has been around for you. We can get into it. But I dunno, I was frustrated because I really wanted to get one. I felt like I had followed the project prior. I knew about doesn't matter. It really doesn't matter. So, yeah, that train left and. I I'll just be S I'll save it for the next episode. [00:06:13] I'll save it for next episode. Well, it's a, yeah, it's impressive. So yeah, we will have to talk about that some more, get into that with what this means, you know, there's a lot going on still. You know, at this point we've just seen that floor climb and of course, we'll keep, keep watching where it goes, because I think it does have a lot of implications for the NMT marketplace. [00:06:32] You know, or they'd have to market as a whole moving forward. Small one here, the sandbox years up to raise 400 million at a 4 billion valuation. It's really strikes me as a lot of money. Yeah. I mean, I I'm gearing up for that too. Does this mean they have someone ready to, to give them that money? [00:06:51] I mean, that, that is a, that's a big valuation. I feel like it's a sandbox has been somewhat overlooked. Recently it seems alphabet with NFP world sort of taking over that. Voxel, like building in the don't know, with sort of a gaming aspect to it, but but clearly their wealth, they're still at least attempting to get 400 million. [00:07:11] That would be a, an impressive raise. Okay. Yeah. All right. I say we jump into an affordable project. You found us something interesting. I'm excited. I know nothing about this thing and I hope you don't pre. Well, we'll see, I hope you don't get me to buy another thing, but right now, just full disclosure, I don't own any of these things. [00:07:30] Do you own any of these fellowships? I do. Yeah. So this is so it's called fuel world. It's fuel paint drops. A few OSHA's is a young NFTE artist. Believe he got started in an FTR last year, 17 years old 18 now does a lot of, I mean, he does a lot of paintings including in real life painting projects where people can even kind of participate in some of the paintings, but very influential artist. [00:07:58] I think he's in. That we'll we'll sort of help. We'll help bring a lot of people into the space. He's got quite a following and as an artist really seems to influence people to want to want to interact with the pieces. So. Does paint drop was actually a nifty gateway, which I'm sure Georgia, you know, won't like but it was a, let's see, it was an open edition originally. [00:08:22] And each paint drop was 1000 was $1,000. There are paint drops that, so there's paint dry. That are multiple drops within them. So if somebody had bought maybe three at the at the nifty gateway auction, they were then minted into a single NFT that then contains three paint drops. So if you look at the collection, you'll see different paint, drop sizes. [00:08:48] Most of them are, are of course, just one single paint drop the total collections about 7,300 pieces. So that includes all of the different Large, a larger size paint drops that were amended in the NFT PR in the original open edition collection. Excuse me. So the, they are going to be part of a fuel world. [00:09:10] There's not a ton of details on what that exactly means at this point. But they, the, the paint and the amount of pink in your drop will sort of be, will this determine how valuable it is within the world can be redeemed for different Different things within the world. He does a lot of clothing has had a lot of like shoes done. [00:09:30] Some drops with artifact, a company we've mentioned the past and it's now owned by Nike. So I would imagine there'll be some opportunities to. Redeem for different pieces maybe to combine these pieces. So I think this is a longer term, hold the floors around 0.4 eith right now, which let's see today's traces. [00:09:54] Let's see how much that is over the over the original mid price. What do we got here? So, yeah, we're just a little bit. It looks like 1300 or so. So it's a little bit over the floor. I've seen some, some people buying them in bigger batches, but, you know, I think he can be patient and be able to pick them up for not much over the mid price. [00:10:13] And I think it is one that would be a longer-term hold good to get exposure to a young artist. And I think it'll be an interesting project. The future world. You know, whatever that is launched, you know, have to stay abreast of the, the infer, their info there, but could be interesting to see what he does with that. [00:10:29] Yeah. It seems like there's also an access element to this as well. If you go to that site, fuel world, that IO. So this is like is their first generative and it's definitely like talking about. You know, giving access to future potential drops unlock things and fewer world, including canvas and fuels. [00:10:51] So like definitely not just a PFP, how it say ER, it looks kind of cool and yeah, I mean betting on young artists and, you know, sort of first community level. Is interesting little pricey for, for affordable. And I always like you, you joked, you're like, oh boy, it's from nifty gateway. Like yes, nifty gateway, ha I have some issues with it. [00:11:15] But it's great for on-ramping. It is great for pulling in new artists. And also recently I realized, I didn't know this before that they actually found. Like they convinced people to do. And I did not, I did not know that actually that's so they've they've certainly brought that that's certainly a win for the NMT industry in general. [00:11:36] I mean, it's hard to imagine that that everything that has happened this past year would have happened without people's. With, I don't know, let me say, I mean, not certain things would have happened. He certainly helped bring a lot of attention to the industry and a lot more money into it. Correct. I think he accelerated the sort of Christie's level game for sure. [00:11:56] Which then sort of imbued the rest of the artists capital a, that we're working for a long time originally in the medium, also that lift. So again I, I will say. Just to come back to the statement though, when I look at a piece that I saw an open edition mint on nifty, it means it's saturated the market of people that value the thing at X price. [00:12:20] And we've even seen that with our own holdings in our X copy pieces, which are like oscillating above and below mid price right now. And that's fine. So that is just stuck firmly in the back of my mind of like, this was an open edition. Probably for 10 minutes and it's saturated the market. Now the floor does seem to be holding in and around this point here. [00:12:42] So like that post, like, it looks like it dropped on on April six and it did have a little peak trough kind of game there. So take a look at it and remember like go back and listen to one of our thin versus thick floors on this. But this is. It's relatively one other note I would look at if I were to get it. [00:13:03] If I were advising someone to get one of these, look at the doodle count, there is some rarity there, and sometimes you can find most of the one page. Drops are single doodle count, and I don't know how much this will matter, but the there, the two doodle counts are much rarer and are often sort of the hidden in there at the floor price despite being much rarer. [00:13:30] So I think there is an opportunity to maybe pick those up When people don't quite realize that there is a difference between them you know, and it may not mean anything in the fuel world, but it could. And I started that and I think it could at least help in a when selling it once people start realizing there is a different level of rarity to those, oh, this is awesome. [00:13:50] Good job bringing us up. I'm definitely gonna look at it. And again, just shut out. Like when I'm going to look at it I'm not sure yet, but I like that. It's not just a PFP. I'm looking for things with utility. I'm looking for artists capital a, that are going to be in the game and build up a style and brand. [00:14:06] And yes, I definitely have heard ferocious come up a bit. I'm also gonna use the wagging tool to like, do exactly what you said. Look for the. It was called a trait gap Delta and looking at the trait gap deltas. So it basically means there's like a whole bunch of mini floors based on all of these silly traits. [00:14:22] Some of them don't mean anything. And some of them actually mean that you can find something that has I high Delta, right? You want that large difference between like where it's listed at the low versus the next highest price which can get a little junked up when you have a ton of. Traits, but it's worth taking a look at. [00:14:41] So just sort of sharing a bit more of like what it means when kind of look at a project because each one is unique and we could spend forever on it. But thank you for bringing that to us. Very interesting. All right, well, let's move on because we finally get to talk about Coinbase NFT marketplace. [00:14:58] I was, it, this was like announced. Nate the chatter around, I believe it was, I think it was no fun a year in crypto township, you know, six months. Exactly. That's the fuck, man. That's a long time ago, you know, we've had, we've had multiple seasons. There was a bear market in December, you know, and then we had the rally in January and then we had another bear market and another rally. [00:15:22] And I don't know what we're at now, but it, it moves fast. So we've got a few cycles here since. Launched. It is the, as we mentioned, it's a beta, so we haven't actually gotten to list or, you know, use it directly, but you can actually use the, you can go onto it. Anyone can go on to the to the site and try out certain aspects of it. [00:15:41] So yeah, what's your, what's your impression, George? A bunch of things. One, anybody can go to NFT dot Coinbase dot. And I'd encourage you to go there and click on the things. There's a lot that I feel like I can Intuit by looking at the UX decisions. And so some of, some of these pieces are, there's a discover section, right? [00:16:02] Where they're trying to use this as an editorial, very clearly an editorial driven kind of thing. But also there's going to be like a for you section so that maybe they're going to curate NFTs based on what's in your wallet, as well as trending collections. And then there's a very interesting. Accounts to follow, and that really speaks to the social second, cause this is a platform for a social second type of utility. [00:16:28] And it's much more of kind of like an Instagram vibe meets open sea, which is very interesting. My mind immediately goes to the way that, you know, if you use Venmo, it made PayPal social, and suddenly you have this like funny feed of like, oh, so-and-so pay them for. Gambling or beers. What have you? This seems very clear that because they have this like little add button and it's like add an ad to follow for, you know, they got the blue check marks, even they even have the blue check marks. [00:17:00] So I think you see a much stronger profile first type of imagery, which means they're associating and bringing in an FTS as the primary medium of sort of the social post. Yeah, I agree. This is it. It seems very social. I wouldn't say social maybe first, but social forward. And much it's something that people have maybe, I don't know. [00:17:26] So he'll ask for an open seat, you know, and then I think a lot of people are also wary of opening it up to. To the opening up these social aspects, because I mean, as we've seen on on Twitter and even in emails, there's certainly a lot of potential for for, for deceitful links that being said, you know, if they're ready to actually monitor and, and, you know, clean up what is posted on their marketplace, you know, I think it could be a very interesting feature to add in here. [00:17:58] And you know, obviously we've seen that Instagram is quite successful by they let people share pictures. Comment on them. So I, you know, adding some of that into the NFT world, which is so visual as it is, could certainly be. I do think it's interesting that despite the the sort of social forward part of this, that it's, there's, from what I've seen, there are complaints about people registering accounts without any sort of verification or account names without any verification. [00:18:26] So you've had in certain instances, some sort of web them, sorry, that's some sort of NFT Twitter. Personalities being faked on the NFL, on the Coinbase platform. And those names inside of one case, it's a name being held for, you know, held for some, you know, read some of that type of price. And, you know, that's a little disappointing that there wouldn't be a little bit more engagement with the current community. [00:18:52] I mean, it's, it's not that hard to go and find who are some of the big influencers in And if T Twitter and, you know, in various other places and at least make sure that those people are verified on the, on the platform, because I think that would go a long way to helping people have more security on the, on the platform in general, the mistakes that are going to be made. [00:19:14] I think it's really smart, albeit frustrating that there's a limited number of people in here because frankly, if, if something is wrong with the contract, something is wrong with. They probably want to figure it out in a small contained environment rather than 3.7 million over 4 million. Now, probably on this week. [00:19:32] It's just, yeah, that's what I've heard. I've heard over 4 million, so yeah, it'll, you know, it's hard to imagine that they can, you know, how they will be able to monitor comments in a, in a way that I don't know it in a way that keeps users safe. So I'm wary of, of how that works out. You know, we've seen that. [00:19:51] How hard it is to kind of monitor what, what things are being posted around on social sites. On many other occasions and, you know, although 4 million is nothing compared to those networks, that's still a lot of people that could be posting and very difficult for one platform to, to fully monitor, I believe. [00:20:09] Yeah. I would say the overall UX is. It's clean. It is a very visual, obviously the point of it is to get out of the way of the beautiful, weird, bizarre art that you have. And so I I'm impressed really with just how clean this is. Maybe that's to a fault, as you may miss some of the features you are used to in terms of being able to dial into a project, but it is really accessible, I'd say, which is what you need. [00:20:39] For that larger adoption, because I'll be honest, even still with all the open sea updates, it's still very wild west and easy to make mistakes. Also. There's comments. Did you see this on individual? So that's part of what I was referring to. Yes. And that comments that are being left there. So I've seen a lot of negative comments being left with other people's real names and that's, you know, that's a little, I don't think that's a great user experience for anyone. [00:21:06] So, you know, that's what I would hope would get cleaned up in some ways. But yeah, like you said, it is it's, it's very visually pleasing. I do like that there is some I don't know, curation to this. It's not complete, not any contract will just automatically be listed here. At least that's what I've understood. [00:21:27] But Han looking through the comments, it's, it's a lot of junk in there. So we'll see if that can, you know, how much that adds to it and it, you know, if it gets to a point that it's not, I don't know. I'm not sure what they'll be used for. I'm not sure if, if there's a lot that it can, that can be positive out of that for these NMT collections that I don't know. [00:21:48] It's not like you're looking at one piece of art that needs to be criticized. Yeah. I know. Obviously, like everyone's trying to pump their own bags and, you know, go about unleashing their discord armies on no, this or that. So it's definitely something that's going to be. Manipulated quite a bit because there's both social and financial incentives in play. [00:22:09] And also remember the internet. I'm trying to think, you know, my first approach here was to kind of browse through this shop section and just get a feel for what's getting posted. And frankly, like what is at the front door, right. Like, so I look at that front door and trying to figure out what are people going to be driven toward potentially as like, oh, what makes sense from like first person? [00:22:32] As in like, what will potentially benefit from a reasonable floor for a good project that is listed here and I'm having a hard time kind of getting that because I get trending collections, which is just not helpful. It's like, yeah, okay. Go buy a moon bird. And like, that's not what people are gonna do go to shop. [00:22:51] And one of the things I did is like, look at price lowest. I could imagine people doing that because there's limited numbers of. Features. So that'll say like, okay. And I'm trying to look for anything of quality in this like lowest list NFTE, because again, this many people wander into a new store, they have access to capital. [00:23:10] Like what they're going to do is shop this. So I'm trying to figure out if there's an angle on analyzing the UX and what's listed and picking up any of these projects. I haven't found any alpha yet. I might have some in the next podcast, but I'm I'm looking around. What do you think. Well, yeah, I guess there is something there, you know, I don't know how much the, you know, how much the collection or, you know, what's offered on the platform will change as they evolve and as they start letting new people in you know, I obviously didn't, haven't heard much about the plans of actually opening up the marketplace to more users. [00:23:42] So we don't know. You know, at this point, I would imagine it's a pretty small amount of volume that's being done on the platform. You know, and that's, that's going to change, you know, as we've mentioned in the past, and there's a Coinbase effect to tokens and we've, we've talked about how that can happen with NFTs as well. [00:24:01] And, you know, the idea is just more exposure to more users is generally very positive for. Dogan for a NFT collection, especially one that is already doing well. So I think that that's, you know, we're going to, I think it is worth watching what happens here. You know, I think it may be somewhat early to start making our, our plans of which projects may may be featured once they open it up to more people. [00:24:28] Because we really don't know that part yet. You know, we really don't. I'm really interested in this sort of discovery though. There's something here and this for you, I don't think should be sort of overlooked. I'm talking about nfte.coinbase.com/discover the discovery element because what is that the top of, for you for the 40 you discovery page right now? [00:24:50] Just curious or what are some cold blooded creepy? Okay. I've just, I mean, I imagine this is a personalized feed here. Is that, how can I, cause I'm not signed in, but it seems to like, it's like changed. It's true. Yeah. That's a, that's a good point. I'm not signed in either, so I don't have a wallet. Then I see a doodles. [00:25:10] Then I see a psychedelic stuff personalized to me at all. No big projects, but, so here's what I'll say. Why that's interesting to me is because. There are more individual NFTs listed on open sea than there are. I've heard this like pages on the internet, right. Websites on the internet because it has proliferated so much. [00:25:33] So that means that discovery is sort of this huge opportunity. And like, I'm wondering, is this going to be algorithmically generated editorially driven based on my price range based on. What interests and, you know, it's similar to the way many, I think artists have found potential success because they are, you know, in an EDM category that gets picked up and they get added to playlists. [00:25:56] And so paying attention to how this sort of curates, not just at an individual level, but macro, it may be like, this is like the, the front page of aol.com when you land on it. It may actually carry some, some influence there. So again, I don't have the. I don't have the next tech action, but this is like what I'm seeing. [00:26:16] When I look at the page and potentially extrapolating about what 3.74 million users do when they wander into this? What the heck should I buy? Like what year is interesting? Right. I th I think one thing that's important to take into consideration is kind of the level of user that will be coming in here. [00:26:35] You know, we're not as much talking about the early adopter, the, the, the person that's as willing to put up with with some of the technical challenges, you know, I think they're trying to overcome that. I don't feel like there's going to be a whole lot of, I think there's. Multiple chains listed on here eventually. [00:26:53] And it's not going to be a whole lot of impetus on the user to figure out the technical challenges. It definitely feels like it's made to make it easy much like Coinbase has made crypto easy for someone to just connect their bank account, put some money into a token. You know, now I don't know how many tokens are on there. [00:27:09] It used to be a very small number to make it simple. You know, but I think that's kind of the approach that they're going to take here. Relatively simple to get started. You can get, make it friendly, make it for the next that next wave of adopters that are curious, but somewhat hesitant right now. [00:27:27] And it's, it is a very different I'd say it's a different user mindset than, than the average open, see user opens the users are, are, you know, have been more willing to take those risks and are on these, you know are willing to put up with maybe the problems. But this will be a new, you know, it will have a lot of influence where, how will they direct attention for people that aren't thinking quite as Quite the same way as other users that maybe are thinking of in the verify, you know, trust, but verify sort of mentality. [00:27:59] That's more accepted on web three and, or sorry in like the I don't know, in the open web three then these sort of dated marketplaces. Yeah. I I'm just, you know, I'm excited. I wonder how quickly they're going to roll this. Yeah. Yeah. That'll, that'll be interesting. I mean, I'm sure that some of that depends on how it's going and the feedback and everything, but yeah, that we've got to watch this now because you figured that it's, we're not going to see those long delays of, you know, something soon and then hearing nothing for, for six weeks at this point. [00:28:33] Yeah. Well, they they're in the game, they're in the game now and it's going to impact them. And it will be bringing in more liquidity, more liquidity to more projects. Yeah. I don't know what it means in terms of the NFD marketplace, but I do know their, their stock has not been doing well since its IPO. [00:28:54] I believe it's quite low, so I could definitely see them trying to use this to instigate a little bit more action in. Stock. I, you know, I can't, I have no idea exactly how that would all come into play, but it seems like NFTs are. Sort of being used as a way to to bring back some of the the forward thinking growth mindedness of investors that has sort of fallen by the wayside recently. [00:29:26] Oh my gosh. You're not kidding. The past year. It's down 53%. That's ouch. Ouch, ouch. Currently Yetta. Yeah. Right. Should have actually, instead of this, stuck on a button. Although, I don't know, a year ago, you may, you may still be down. I don't know what the price, not 53% though. I can tell you that. No, not that much. [00:29:47] All right. I'm just looking through the show notes. Oh, KYC. I had a note. I know your customer stuff may be in play for some of these projects though, if you're coming. So here's the game. If you're authenticating and coming from Coinbase, right. And they're managing your wallet and this is like a management. [00:30:03] It's KYC. They know that they know your information and you know that they know that. Which has tax implications and reporting and just know that going in. However, they also, from a report I heard are allowing for just connection via meta mask in the, I have the Coinbase wallet. Right. That's interesting. [00:30:22] Right. So that's like, okay, that's a, that's the side door. So part partially KYC there. And it seems like any projects, you know, once you're in the door, you can kind of be listing stuff. I thought it was going to be much more. Curated, but from what the list I just looked at, it seems a lot more open than I realized. [00:30:40] And yeah, if you're checking out on an individual project, it's, it's nowhere near sort of where you need it to be for filters and like, understanding like what's going on with the product. It's like really feature lacking when it comes to like, Well, we were just talking about it, right? Hey, look at this, you know, filter on the attribute for number of doodles associated with it. [00:31:00] Like none. No, no, none of that's there yet or who knows if it's there or not, and maybe they're going to rely on other pieces. And in the back of my mind, you know, just to put my own bags here the Wagni tool like comes into, you know, hand quite quickly when you're saying like, look, I need something to analyze what's going on. [00:31:19] I see. There's like interesting things going on. Coinbase, but I like, I want to check out what's going on with these traits and details. So these third-party tools I think we'll have a run-up of interest as well when people realize like, wait a minute, like, what is this project actually doing? What are the traits? [00:31:37] What are the angles? Who are the holders? And it's also going to drive up, I think, speculation based on influencers, on the activity of influencers and being able to track whale, wallets, and like their moves are just going to be much more. Associated with, for example, like Elan tweets about buying Twitter and suddenly shit goes wild. [00:31:55] Like, look, if pump punk, you know, X number, whatever, tweet something, or now a NFT posts, something in their feed. I think it's going to be much more about like alerts and people paying attention to it. So there may be a, a greater consolidation around these NFT influencers. W I have an episode theme for that in the future. [00:32:16] All right. We'll have to get onto that later. I think we have covered everything on this one, George. We did it Coinbase up. I can't believe we did this episode. I was so happy when it came. I didn't, I beat, I beat you to it. I was like, ah, I posted it in our discord. So yeah. Join us in discord. We have conversations about this, you know, tell us where we're right. [00:32:37] Tell us where we're wrong. But if you're going to. A five-star rating, please do it on whatever app you're listening to. If you're going to leave a three-star like just leaving the discord, just let us know. All right. Thanks. All right. Bye George.
Solana listed on Opensea opens up a new market in the same way that altcoins getting listed on Coinbase help pump their value. Is there a play? But how to balance this with the fact that 26% inflation occurs on Solana annually and Avalanche is 9% annual inflation. Affordable project: MPL Official - Collection | OpenSeaThanks to Block_bounce in 3anft discord NFT NewsRantum NFT Market Data, Cryptoslam.io NFT Headlines: Rantum NFT Market Data, Cryptoslam.io NFT Headlines: OpenSea Just Said They're Integrating Solana NFTs in April Gwyneth Paltrow, Mila Kunis are pushing women to invest in NFTs - The Washington Post ESPN Gets Into the NFT Business With Tom Brady Major League Soccer Partners With Sorare For NFT-Based Fantasy Game Transcript [00:00:00] Today on all about affordable NFTs. We're talking about the Coinbase open C and F T effects. We just made that up just now, just for you. Andrew has. [00:00:10] Going well, back in our normal recording scheduled George, it's good to, good to talk NFTs again. I feel like [00:00:17] people would probably really missed us and we had a, I gotta say I didn't appreciate the aggressive schedule of the Monday, Wednesday, Friday until like we were both traveling for a week. [00:00:28] It it makes it very difficult to stay on top of crypto news and also record. So I'm glad we're back. Yeah. [00:00:35] Yeah. I mean, it's tough to stand up a crypto news. Anytime you take a day or two away and [00:00:41] things, it's disturbing. I feel like it's, when you take that break, you realize how much, no, sadly or truthfully time you're putting into like looking at all of these things, because when you don't do it, you come back and you're like, oh my God. [00:00:55] What's what's an internet. What's what's it been to? [00:00:58] Yeah, it's a lot of times Dan, on top of these things. [00:01:02] Yeah. But real quick at the high level, from the, the past seven days, it looks like NFTs up about 27% and there are certain projects that are taking off, but again, it's a lot of the power law, a lot of the common names you see moving and the long tail shrinking, but there's a couple of new, new folks moving up. [00:01:20] Yeah. Yeah. We've definitely seen some big, big volume it seems to, at least as we record this, it seems to maybe topped off a bit. But one thing I've noticed is the number of sales has been climbing. It was the, just the other day was the most sales in a single day that I've ever seen and NFTs. [00:01:41] So are at least on a theory and based NFTs. Not just, was it a big volume day, but it was. Well, so a lower average price and we've seen in the past, but that's, I think that's a good sign. I think the number of sales is [00:01:54] that's a fantastic [00:01:55] sign, probably a sign that more people are getting into it. [00:01:58] I didn't know, to take a look at the the number of wallets that day yet, but but I think in general, if we're seeing more trading it's, it means people are going to see this as a more, see project is more viable to continue to get into and be able to get out of. [00:02:12] Okay, what else do we see? We have open C just said they're integrating Solano, NFTs and ape. [00:02:19] Yeah. All right. So, so wanna MTS, we haven't talked a lot about this, although we have talked a little bit about cross chain raising and we have not talked much about Solana NFTs. It's a big marketplace and they're coming to open sea. And as you've mentioned, that's an exposure to a lot of people with a lot of an FTE capital. [00:02:41] This is a chance for sort of at least merging markets and for better or worse spoken, see is the. The leader, it's the town square and all copycats. It's also important. Well, sorry, copycats, maybe unfair. Other marketplaces will probably see this and realize they have to follow in suit that there is more than one hub and, and pulling them all together will spread that sort of larger larger, long tail of individual purchases. [00:03:08] So they said sometime in April, I don't see an exact date though. [00:03:14] Yeah, I don't see an exact date either. They did say in April. So I think that's, we can, at this point, assume that sooner than when Coinbase, when Coinbase NFT actually a marketplace that actually begins our debuts. Since we haven't heard much on that front in a long [00:03:32] time We're going to be sort of looking at this, I think a bit more in our, in our theme. [00:03:38] So I don't want to run too much of the conversation on that. You want to get into the real stuff with Gwyneth Paltrow, we always have to have a celebrity. [00:03:45] What's going on here. We've got a few of them here. Don't worry. We've got . So there's an article in the Washington post, just discussing how they're pushing women to invest in NFTs. [00:03:53] Kind of looking at, I'd say that it's not all positive here. Kind of looking at how they are pushing women to get into this in the name of feminism and maybe. Maybe it is that, but there's obviously an ask of invest your, your crypto in these products or investor money in crypto and then in these NFT projects. [00:04:17] So I think it is interesting that there that there are are I think it's great that there are people trying to push more women to get into NFTs and crypto. We certainly see some projects that are more women focused do quite well. At the same time, I hope that it's being done in in the right way. [00:04:37] And know, I think this article is at least worth a read if you're interested in in sort of the gender split in NFTs and crypto. [00:04:45] Yeah. It I think you can, you can kind of tell when they're like pulling in the, the question marks and the truth is not all the projects. People go after are gonna go up, but hopefully it's more about the narrative of how to approach investing, but also the truth is there are creators. [00:05:03] And if the market is only white males of a certain age range, and so too, will the projects they focus on. And if it's really going to be. A large inclusive environment. There has to be sub-markets and in this article they're comparing it to like designer high-class handbags saying like, no, I'm trying to, and starting to look at my NFT collection, like just things of status that I want to have and and own. [00:05:26] So, it's it's interesting. You're right. [00:05:28] All right. So we've got another, of course, a celebrity in this headline here, we've got the Tom Brady led autograph bio platform partnering with ESPN. So I'd say that's a pretty significant partnership for this platform, adds a lot of credibility. And I think with both fans and athletes and it seems like. [00:05:47] At this autograph platform is is developing well, getting a lot of attention. And you can't ignore the Tom Brady name there again. You George. [00:05:56] Well, you can, if you're Vitaly booter and. Doesn't know who Tom Brady is a [00:06:03] good bird. I think he does know now that he knows he's a fan, [00:06:06] now that he knows he's a big fan, he's like, you're the, you're the, you're the goat. [00:06:11] But yeah, ESPN getting into it very clearly. It's not fully clear to me how they have a multi-year deal with autograph, but they haven't like bought the company. Right. It's still on their dislike saying, okay, we'll be pulling in these elements, but it's definitely gonna add credibility. [00:06:29] Which is, it's the only word I feel like that now matters when you're talking about sports and professional athlete, likenesses that are being bought and sold and hopefully held over time and retaining value. So that's not a bad partnership. [00:06:44] Yeah. All right. We feel a little more sports headline here. [00:06:48] We've got major league soccer. They've partnered with so rare. Hey the existing an empty marketplace or platform for soccer. So they're doing a fantasy game now with between major league soccer and so rare. So I think sports are a great onboarder for people to get into NFTs and crypto, and here's another opportunity to to do so. [00:07:11] Yeah, I'm all about soccer this year in particular we talked about that. The last one, the wrapped strikers, which was a, a project that we brought up before, and maybe it's a smooth segue, a rare, smooth segway into an affordable project. Am I doing it right in the middle of a sudden segue? Oh, here we go. [00:07:32] Watch this. Well, thanks to first off, one of our members in the three, a and F T discord block bounce for, for bringing this one to us. But this one is the. NPL official. The Martian premier league is a collection of 10,000 at unique human and Martian characters living on the east block chain. And they are part of what's going to evolve into a football manager style game holders, train, trade, and compete, and the league and over time. [00:08:04] There'll be a full evolution of it. It's a fully doxed team. Current floor price sits at 0.09. And so it has seemingly dropped from when the release seemed it was mid-March. It was I guess hovering from what I could see as high as 0.28, but it is at 0.09. There are 3,500 owners, which is actually a pretty decent distribution. [00:08:28] I like that. I get a little nervous sometimes when it's a low percentage of owner, an item or item to owner ratio. But that's that's pretty good. [00:08:37] Yeah, this is one I've heard about. Hadn't had a chance to check into it a whole bunch, but you know, was actually excited when somebody else mentioned it because in our discord when it was like block balance mentioned that because it is one that I had been interested in Yeah, I think the soccer narrative is a, it's a good one as well. [00:08:56] Oh, it's nice art here. I think there's a good possibility that soccer becomes quite popular in an teas this fall with the world cup. And I don't know. Do they have, is there a game planned with these or is it just a collection? Do you know that George? Yeah, [00:09:13] there's a, there's definitely a game planned. [00:09:16] They've got a very robust. Frankly, white paper, pretty darn impressive. And then. Sort of like, this is just the first iteration and there's going to be a sort of trade in of these initial MPL characters have a whole funny narrative of saying like, all right, that'd be acclimated to and socialized to train and develop new players. [00:09:36] And then each player will be able to like complete in these like marching cups find space to build the first stadiums in Mars. So hint, hint, land. But those get into Genesis teams and stadiums and gen one players. So it starts with this first PFP that then moves into these an L two I don't know, the look up, [00:10:00] can't find it, but there is definitely a game. [00:10:04] Oh, yeah. Taking a look a little bit more. Yeah, we've got 3,500 holders, so there's little less than three per holder. This one like price has come down a bit. It had gotten up to about 0.2 for a bit, but has now been. 0.15, and now it's dropped a little bit, the 0.08. [00:10:21] So I don't think it's a bad place to to look, to pick it up. I, I think it's a practice that has been somewhat overlooked as some big projects have. I've taken a lot of volume and, and even some big drops have taken all of the. The, the Eve that was meant for drops, whether it was through the gas or they'd been to prices recently. [00:10:42] So so I think this is, this is one to watch and maybe pick up at a very affordable price here. [00:10:48] Yeah. Getting into it. There are 9,000 humans, 1000 Martians. It's unclear. I mean, so clearly the marshals are more rare. They've already been quote, acclimate. And there's going to be a sort of like discovery. [00:10:59] It seems around figuring out like, who is good at what position as you get your your players in place. There's a footie token planned Mars governance token. So they've got a full economy planned for this and. It's it, it is affordable right now. How it I would say like take a look at the different rarities for that paying attention to specifically that, like, are they a Martian or are they a human? [00:11:26] So parsing through the Marshall premier league, we're trying to figure out the traits and just to like help you, like, we're just like talking out loud they already talk about the we said the human versus Martians, they've got a character type which you can filter by. The human floor is hovering around. [00:11:45] Call it 0.1, say, and then the Martian the Martian based floor 10% of the population. They're hovering at 0.18. The other thing that seems to be more sensitive though, to the rarity price, really, because they're going to be soccer players is the skill level, which ranges from novice up to God. [00:12:07] So novice passable, solid, excellent, outstanding, legendary. And there's definitely some price sensitivity on those. So like the way my mind goes is I'm not just going to buy raw floor because I'm used to playing games and I'm aware of what the base base is. So I'm kinda like scouting out with that like outstanding level. [00:12:26] Maybe human is or maybe floor marsh and I can't tell which way to go. And then it seems like there's a timeline consideration too, right? The timeline consideration. I'm not sure what you mean by that. Is there a date? I'm sorry. Yeah, they do say that the, the training camp starts in may. So the Mars training camp starts in may. [00:12:46] They have mentioned that the, and I think you mentioned earlier that the Martians are already acclimated, so it makes me think that maybe the humans will need to. Acclimate via staking or something like that, to be able to play acclimated to the the climate in that, on Mars where the games are being played. [00:13:04] So the, the marshals may just be eligible earlier to play. And I think you're right to look at some of those skill levels. Especially with a, I know it's a relatively thick floor right now, so there's not a huge difference in price between some of these levels. Definitely worth paying attention to that skill level. [00:13:21] And looking at, I think the what is it? The character type is the the other trait that we're looking at as far as human and, and so only about 10% of these are Martians. Most of them are humans. There's a handful of, of astronauts, which I'm sure are praised at some astronomical level to, to go along. [00:13:42] Yeah. You liked that. It's a powerful dad joke. The astronauts astronauts are at 1.58 is the floor for an astronaut. Although I don't know how you play with all that gear on. I'm not, I'm not bullish on astronauts. I'd rather I'd rather get some, some excellent humans or outstanding, maybe. All right. Cool. [00:14:00] If I were founded that's the initial take I have on. [00:14:04] Yeah, thanks for bringing this to us block balance. Definitely a good project to look at and hopefully we can discuss it a little bit more in the discord as well, [00:14:13] actually. You know what screw you black bounds. I'm so frustrated with the, by another stupid soccer thing. [00:14:18] I thought it was done buying soccer things, but this is interesting. So. [00:14:21] Well, we have different opinions, block [00:14:23] it out on me and discord okay. Onto our theme, the Coinbase NFT effect. And this is just a fun way of saying that if you are familiar, Coinbase and the ecosystem there, then you are also familiar with what happens when an alt coin gets listed on Coinbase and gets frankly access to a lot of potential capital that's floating around on, on that platform and can pump it's a sort of legitimising moment where they're saying like, oh, okay, Coinbase did some bedding, and now this coin is listed. [00:14:59] I'll move into it versus. Even more speculative of the speculative not listed there. And so the open sea and Ft fact is following on sort of that news of Solano getting listed on open sea opens up this new whole market, but also is a nod saying, Hey, you can shop alongside of it now. No open seat already has, as far as I know. [00:15:23] The theory. And then the layer two polygon layer, tuition polygon listed there on, on the open seat platform for you to interact with. And that's it for right now is that. [00:15:34] Yeah. And I know there's been talk of other networks or at least talking to users of, at looking for other networks. I think there's a lot of talk among users of asking for Tezos or and that has not been announced yet. [00:15:49] I haven't heard anything along those lines. So this is the first New platform, but it is a significant one in terms of volumes. So you can definitely see why open C would be interested in introducing salon NFTs. That's a small percentage of, of the, the the trading volume. There would be a lot to add to their bottom line. [00:16:08] Yeah. So, I mean, that gives me some extra thoughts on saying like, okay, so Lorna salon is moving on there. But we have seen initial increases in reports saying that a lot of the floor prices, especially top projects on Solana are beginning to get some, some new life on this expected new. I'm always a little wary of the sort of like, oh, and then we get listed on this market and then everything is sunshine, rainbows, and butter cakes. [00:16:38] I I've seen, I feel like that sort of hype and hope get, get broken a little too often. Like, what I have seen work is like slow, smart, grinding over time with individual products, projects. Bringing bringing that attention and, and utility because just opening up, I would say to the new open seed market won't necessarily drive that, that attention into into those projects in the same way, or maybe such a, such an increase. [00:17:06] Do you agree or disagree with that? [00:17:08] Yeah, I absolutely agree. I mean, I know for one that I'm not going to be rushing into salon NFT projects, even. Even with me. I wouldn't say that I have an assumption that prices might rise, but I guess if I knew that prices might rise, I'd still have to price in some security risks of going to Solano and not just security risk, but the risk of. [00:17:29] Of other people reacting to perceived security risks on real pursuit, but real risks of security on other networks. We've seen this with the recent Ronin hack. We've seen it with other cross chain bridges before we've seen it. We've seen it with Solano actually. And I think there's, there's a risk to, to moving your assets to to a network like that and moving it off of Ethereum. [00:17:55] I mean, There's multiple that the urine provides more security. There's a lot of potential around the the upgrades that are happening to the Ethereum network this year. And I think anytime you move off of that, you risk missing out on the benefits of Ethereum. So that for me is still going to be an issue regardless of the accessibility I have been willing to go to other marketplaces to other networks and give them a. [00:18:24] Anyway I have not tried Solana and that has been one of the big reasons this, the security and the security risks have been a big reason holding me back from doing so. So this won't change that in my perspective. I could certainly seeing the accessibility changing people's mind over time though. [00:18:42] Yeah, I hear on that. The other thing is I think when you're in, you're playing on. So Lana, for instance, you, you have to realize that annually, there's just natural inflation of the actual soul, which your NFT is priced in, and that is appreciating or inflating, I should say. And fleeting at a rate of around 26%. [00:19:05] And that's based on the white paper, that's based on them making more sole over the year to fund right, sell to investors that underwrite the, the, the work that they're doing. And so that is as soon as you move off of Ethereum, you're kind of playing. With this game of wait a minute. If I had bought or even held a hearing, right? [00:19:27] Like I think it's going to become, if I does hell this amount of money and Ethereum, would it be what I'm doing over here? Maybe, and frankly, an FTS are so much more volatile and if you're right, you're really right. And you can have multiples we had, in that previous episode, when a hundred percent is a loss like doubling up, oftentimes it's just not, not even enough. [00:19:47] So the, the thing that mentions in my mind, I have to say like, just holding this. So on an NFT is going to depreciate at a rate of 26% in terms of its value. It's got to crush that just as a starting point. And if we're on avalanche, by the way, if that's coming up, it's 9%, it's less. So knowing that inflation rate for your underlying currency platform, that your NFD is on, I think may start to matter more in how you're holding it. [00:20:12] Yeah, absolutely. I mean, I think there's, I think there's real. Risks with moving to any other network off of Ethereum, when you start thinking about it that way. And I shouldn't say any other network, but you have to think of each one in the case of preventative presents, but you know, for me, the inflationary nature of Seoul versus. [00:20:32] What we're coming up on is actually a deflationary period for Ethereum, most likely. So that's, that's a big difference. And I think there's, there's a potential for a real catalyst in the price of Ethereum. Whereas I'm not necessarily sure that. That Salonica can, you can continue to sell tokens at a higher price with continually with more supply available. [00:20:59] Yeah. And especially if they're their big thing is like, oh, we're lists. And here's the contrarian view saying like, oh my gosh, all these things are. If your gas list and suddenly you're like, oh, here's our big advantage. And you're on open seat and you're sitting next to that polygon, which is also by the way, gaslights. [00:21:14] And then maybe Tezos gets in there. Maybe avalanche gets in there and you're all sitting next to each other. What is this sort of like unique advantage? Because the whole thing is how do you support and find that secondary market that can transact. And then it's more about the underlying quality of. The project and what it is promising and delivering, I'll say promising delivering for, for its audience. [00:21:38] Yeah. Yeah, I think there's, there's a potential that the initial exposure to open sea could lead to some, some price increases. I think there's also a potential that, that, that it may already be built into the price at this point. And even people just looking for Looking we're speculating a bit that it will continue to pump. [00:21:58] And I think that there's a lot of people ready to sell when the open seat integration comes. So I keep an eye on that as well that it's, there's initially going to be a lot. There's going to be a lot of action, I would think right away. And I don't know. We'll see how sustainable that is over time. [00:22:16] This is the first new. Non a non Ethereum based network that open seat is introducing. So it is it's a bit of a change for users. [00:22:25] It is I think it, yeah, it's a good one. I think overall. Yeah. A lot of people will sell the news when it comes to. And yeah, I don't see myself getting into Solano based NFTs. [00:22:37] There are some on other projects that I keep watching. I'm like, I continue to wait in terms of like that moment. I felt like a couple of weeks ago I was like, all right, I'm releasing my, like my big idea projects and the price is low and we're ready to go, but I don't have anything cooking on salon. I have, I have some thoughts on Tezos now. [00:22:55] Yeah, I think [00:22:56] there's yeah. I shouldn't say it. There's no other, no other networks that have quality projects. I haven't looked at Solanas projects enough. I'm sure there are quality projects again, that's that's not the biggest issue for me. And with the number of traces out there on other networks. [00:23:12] For me, it's just easier to focus on, on networks that I trust more than, than Solana with and getting into a new ecosystem that presents a whole new basket of options. [00:23:25] Yeah. Well, cool. I think this is an interesting one to watch for sure. And that, and that Coinbase open, see NFT effect. [00:23:34] We coined it. We coined the Coinbase open sea effect on this very podcast. So enjoy it using good health. Hopefully it helps you actually find some, some good ideas that maybe we missed. You know what we love being proved wrong. Drop us a note. And the discord, if you've got you, like, no, no, no. I'm a DJ and on Solano and that's the way to go. [00:23:54] Like I'll, I'll, I'll hear the case. [00:23:56] Yeah. I'll tell us where I'm going wrong. I'd love to hear it. I mean, I don't know enough to take the other side of this one at this point, but, and I haven't heard a convincing argument, but I would love to hear it. If you are that person hop into the discord and tell us. [00:24:11] But be prepared, bring more than it's gasoline because I'm aware. All right. Thanks man. [00:24:17]
Gh0stlyGh0sts is first omnichain NFT, which means pieces can be moved across Ethereum and Layer 2 networks. Gh0stly Gh0sts - Collection | OpenSea Multi-Chain: Many projects using multiple chains for their projects to gain credibility then move to less gas-intensive layers, eg. start on Ethereum, then introduce an aspect on Polygon (Red Village) Users must change network in wallet, hold various currencies in order to transact Meebits DAO had to issue small amount of Matic to all members in order to delegate votes - which required a vote Cross-chain will enable users to forget about the backend - ie what network the assets are on. May require projects/platforms to pay for fees for the sake of providing a better user experience Affordable project:Gh0stly Gh0sts - Collection | OpenSea NFT NewsRantum NFT Market Data, Cryptoslam.io NFT Headlines: VaynerSports Pass Is Sold Out! What We Know About It So Far VaynerSports Mint: Gas Fees Generate Three Times the Creator's Profit Britain announces plans to mint its own NFT as it looks to 'lead the way' in crypto Hack steals $625 million from NFT game Axie Infinity's Ronin blockchain - The Verge Transcript [00:00:00] today on all about affordable and FTEs Unchained, my NFT Omni chains, verse multi chain. We're excited to be talking about this topic. The first Andrew, what are we seeing in. [00:00:12] Yeah. It's it's been a little longer than usual since we are recording here. So we've got some, some news to catch up on George. [00:00:20] Yeah, we both took a little break. We took a break for two seconds and then we're like, well, maybe [00:00:24] well, you know, it was a, you know, an extra day or two and whew. There's a lot that happens. So yes, some big news here. We've got a big time act. [00:00:34] One of the biggest crypto history, 625 million. And this is very NFT related because it was on the Ronin network, the network that backs ACCE infinity. So 625 million. Taken this was from users' accounts essentially where they had parked their Eve using it on them, using it on the road in network. [00:00:56] So they, the Pronin team has come out and said that they will reimburse all users here. So that's good, but it is a, you know, it's worrisome that that this can happen apparently five of the nine I'm sorry, the five, five of the nine. I'm forgetting the name now. The [00:01:15] We're taken over. [00:01:16] So they put some, they put some extra provisions in there for extra security. But yeah, that is big time. They're going to take 150 million or so from Binance to help reimburse people. But I assume they have the rest of it available that is still going to hurt. One part that is sort of funny about this is the hackers. [00:01:38] Shorted the ACCE token R I'm sorry. Yeah, I think it was the ACCE token on before the news of this came out in the news did not actually tank the value as they expected. So they did get stopped out of those positions. So that is kind of funny of flow. They are doing quite well with what they were able to get away with. [00:01:59] Well, I mean, yes and no. What, what they got away with, as I understand, was moved to FTX, which was, and is a control bank for crypto, Right. That's not a decentralized movement wherever. So I'm not quite sure what the plan is because that stuff could get frozen pretty quick. I think it is pretty remarkable that that amount of sort of, you know, theft doesn't really impact the price. [00:02:25] Yes. There was a drop in, in Ronan, but it like spikes back up on April 5th and it's, you know, back down, but it doesn't, it wasn't a collapse. Right. It might as well have been an Elon Musk tweet and things kind of kept rolling. [00:02:38] Yeah. Yeah. I guess it was the Ronin network. You're right on that one. Yeah. And it was surprising. I've spent a year. At least it has been a pretty bullish crypto and NFD market as of late. And I think it's, you know, in that, in this kind of environment people are willing to overlook even a major hack, like. [00:02:55] Yeah. And it's the question of how do you calculate that sort of unpriced risk of a centralized network? Decentralized, right. You're just mentioned there were nine tees that controlled this thing, as opposed to a decentralized network where it would be millions of keys or millions of nodes. And it would be very [00:03:14] There we go. [00:03:15] very difficult to do a sort of whatever 51% takeover, you know, it's scary. [00:03:20] It's a wake up call for, for these other side chains and another sort of plus one to a theory based and layer two. Based pieces built on a theory. I'm not saying that they can't be hacked, but this was a brutal one. [00:03:33] we'll get into one of the problems with Ethereum and FTS and just a second here, because we've got Vayner sports was just minted yesterday. Surprise, mint and gas. These spiked to insane levels. They have a little. What's it called widget on my, on my browser. And all of a sudden I noticed it was up near 3000 at one point yesterday when it's been, you know, in the fifties and two digits for the most part as of late. [00:04:01] And so there was over three times the amount spent on just the gas fees then as the mint fees and this one just failed transactions all over the place. So a pretty terrible drop here. That is, you know, that's the beauty of Ethereum. So. You know this, I don't know why people are willing to put it through. [00:04:19] At that point. It's got to be, you've gotta be thinking it's tough to make a profit when it's a 0.1, five eith drop and you're spending four or five you know, many times that on, on the price of gas. [00:04:32] Yeah. So the total take-home numbers, just to put it in perspective, they made about call it 10 million on the mint of 15,000 NFTs about at that point. Five five Ethan amount. And the total gas. [00:04:46] was estimated to be at around 25 million. [00:04:49] Yeah. Well, I had heard, I had heard some, some significant figures that I'd heard even a little bit higher than that. That is. Wow. No matter what it is. 27, 20 5 million on gas. So there are problems with drops on Ethereum. It's, it's not perfect, you know, layer twos definitely solve that issue for the most part. [00:05:10] You know, and, and it's still not, it's not where most people are. Most projects are willing to launch. What's sort of interesting is the Vayner, some of the teams behind Vayner sports have. They've done drops on. I believe on a mutable in the past, which is a essentially gas lists of layer two. And you know, for this, they, again, chose to go with Ethereum, you know, perhaps they thought that the the surprise aspect of it may reduce gas fees. [00:05:39] But I think in general, those we've seen that those often spike gas fees and, you know, getting into. It's been a bull market and people have been much more willing to jump into projects then maybe a couple of weeks ago. [00:05:52] Yeah. I'm pretty surprised by this too, because I feel like Gary Vaynerchuk and the, you know, the Vayner Vayner media network is trying to position themselves as the expert in all things, brand sport and NFTs. He even launched his own of course, very popular V friends, as well as a number of other things. [00:06:13] And this is, this is a sort of unforced. That hurts and erodes brand trust in a way that I think is like antithetical. You know, I know a lot of his work is antithetical from the way he does business, but you can't just sort of say, oh, we'll make everybody whole. I mean, maybe they can and just eat it, but even still remember, they only made 10 million people spent two to three X more on the transactions and. [00:06:42] You know that's a problem and it's a problem in the architecture. [00:06:45] Yeah. And I know that there's, you know, I know Dutch auctions. Aren't perfect. And there's been, there's been a lot of talk about what the real Dutch auction should mean. You know, I think there's, there's been a push for. For that to mean that everybody ends up paying the same price, being the final price, which would be, make it much more fair than I think most of them are handled right now. [00:07:05] But the one thing that does do is give people a chance to spend more on the price of the mint, rather than just spending it on gas. And if someone is willing to put in. A ridiculously high gas fee to get a mint throw. And I think there was a max of four pieces on this. So, you know, maybe, I mean, I would at least prefer that to be going towards the project that I'm investing in than to just gas fees. [00:07:30] You know, I I'd rather see that that ease is captured and use towards adding value to the project then than just wasted on gas fees to jump in line ahead of somebody else. [00:07:39] Pretty clearly pretty clearly it has to be done in a different way. And you know, I'm sure there going to be more articles out about how they're dealing with it, but. You know, pretty, pretty ridiculous, and also just kind of stinks, right? Like burning that, you know, goes to, where does that money go? It goes to minors and it just goes into the ether ether. [00:07:59] Right. It actually disappears. And I think when it moves to proof of stake, it'll actually be a little more interesting and actually make an aggregate help. I think the larger Ethereum network more than it frankly does now, which feels like it goes into a black hole of say, [00:08:14] Yeah, one note about this it's I believe the project is led by AIJ Vaynerchuk, which is a. Which is Gary's brother. I'm sure Gary is involved in, in many ways as well though. [00:08:26] Yeah, fair fair. I assume with the brand and association, but Yeah. good point. Good. Now. All right. You have Britain [00:08:34] Yeah. One word. [00:08:34] to mint. Oh. [00:08:36] Yeah. Oh, no, just about this or go on yet. So we've got Britain, they've announced plans to Benton NFT by this summer. So they want to become a crypto hub. They announced this all in say at the same time, if they want to become more of a crypto hub and have released an NFT, I'm sure they're getting backlash for this. [00:08:56] You know, anytime a major public entity announces NFP plans. Always a lot of controversy around it. So I can't imagine that this will be accepted without pushback as well. But it is, you know, it's interesting. I think it's a, it's interesting that they're trying to get into crypto and I think there's been a lot, a much wider acceptance by regulatory bodies to look at crypto as not this thing to keep out, but rather, how are we going to work with it? [00:09:25] How are we going to embrace this? You know, I, I certainly am not recommending anyone to go mint this NFC, as soon as it comes out or [00:09:32] the affordable project of the [00:09:34] But but I, I think it is, I think it's great to see that that governments are more welcomed towards being more welcome towards crypto at this point. [00:09:42] Yeah, it's a good sign. I'd say overall for the NFT market and acceptance and more predictable that's I think the big word, like a predictable future for regulation rather than, you know, wait a minute, we're going to take away all the, you know, potential here. We're going to ban it outright. It seems to be much more on the adoption curve along the way. [00:10:04] All right. Well, let's get into, well, I think we can, we've got a bit of a cross between our affordable [00:10:12] We murdered them. Cause sometimes we forget, [00:10:14] This week. So we're talking about Omni chambers, multi chain. And one of the reasons we're talking about that is the new project that has launched those sleep ghost ghosts being spelled with a zero instead of an O in both words there, this has just launched. [00:10:29] It is claiming to be the first Omni chain NFT and by Omni chain, it means that it can be transferred across from Ethereum to layer twos, to optimism, to polygon, to And there's a couple others that it works with a kid, sorry, like an off the top of my head. But so you can actually move this across. [00:10:49] So if you want to, if there's a future where you could maybe play a game with us on polygon, you can put it there. If you want to verify your profile on Twitter, you can put it on Ethereum. So you can, there can be different use cases for it on different networks. As far as I know it is the first Omni chain. [00:11:06] It's the first NFP that can do this. In the past we've seen. Projects, primarily mint PR on different chains to have interoperability between them. So this is a little different in that the NFD itself is moving, is moving between these chains. So essentially you're still parking it. It's a bit of a bridge for the NFT to do this. [00:11:28] So this. It's a bit pricey right now for an affordable project. I believe the floor is around 0.4 as we speak. Let me take a look at that. 0.4 [00:11:39] Point for too. So it's, it's come down a little bit. It had gotten I believe up over 0.5 at one point. But I have seen it talked about a lot and I don't know that this will necessarily be the project that takes, takes hold of this Omni chain or cross chain sort of narrative that, that I think could become prevalent in, in NFTs and crypto for a while here. [00:12:03] But I think that. It's at least worth watching to see how this does and see if, if this does catch on, if you know, before it continues to fall, you know, maybe this, this is a narrative that isn't that important to people. However, I think that with the rise of all these layer twos, we're looking for ways to, to work between them rather than have them as as, as so prominent within the project. [00:12:28] I don't think that it shouldn't necessarily. The change should dictate so much of the project. The project can move between these. So if that does catch on, I could see this project doing quite well. Same time. I, I, I could see ghostly ghost just paving a path for other projects to to do the same thing. [00:12:46] So I be on the lookout for other projects that are following this bottle. They certainly won't be the only one as we've seen when new trends catch on. Spread quickly. And and it's not always the first mover that does succeed, I would say as we've seen in many projects or the past year, [00:13:06] Yeah, this is interesting. So the discord I just popped in, it's got about 3000 members, 1000 active, and the number of men contracts that you can kind of chase it down on, goes from like Binance, avalanche, Arbitron polygon chance and optimism right now is pretty darn impressive. And then there's like, [00:13:26] Okay. That actually, I think I misunderstood that it's not just layer twos, then there are even other layer [00:13:31] Yeah, no, no. It's it's Omni chain. Given the fact that you can get to avalanche, which is a different layer, one yet Binance, [00:13:38] Binance. Okay. That's yeah. That's, that's interesting. And an important note there, I would say that it can go across not just a theory and base change, but to other chains. [00:13:47] Yeah. And they, they talk about it being different than currently. You can use NFT, a tool called wormhole, apparently that will sort of like, hold your NFC and like a lockbox, call it in a contract and then give you a synthetic replica and the destination chain. And you know, this may be a risk of hacking there as we've seen with bridges before. [00:14:09] But this, you know, they're, you know, they're claiming their white paper to be the the first true. Omni chain and Ft and moving it back and forth. So actually, if you were to buy it and you wanted less gas, I would buy it on, let's say polygon, right? Like you can check calling on for, it is going to make it kind of like, I don't even know what the floor is then. [00:14:27] Right. Because I [00:14:28] That's true. [00:14:29] looking at an Ethereum floor, so I don't know. [00:14:32] That's true. Yeah. I'm looking forward to more tools that do work across these networks do, because this is going to become a bigger, bigger issue that, you know, there's going to be braces that are on different, different marketplaces, different platforms. And you're gonna have all over all sorts of places to check, to find a real floor price. [00:14:51] I'm going to, I'm going to full disclosure. I don't own any of these. I think it's gonna take me some research to do it. Also I'll note that like their white paper and the website is technically a post on medium. So I, I want to see a little bit. About, you know, the, the team of what's going on behind the curtain, I think before I pull the trigger, but I think it's I think it's interesting to do your own homework and. [00:15:11] Yeah, I think that's important. We're not 100% recommending this, especially at this price, but I think it is worth keeping an eye on and is not. It could be an indicator of, of, of what is to come for other projects as well. [00:15:25] So when we're talking about multi chain to this like theme of Unchained, my NFT, there is a not too distant future because it's already kind of. Where many projects are going to be able to move across multiple chains. And maybe that's from sort of inception that we just talked about to the, you know, the tools I just mentioned like warm hole, but in effect, we just talked about how that Vayner sports lost an incredible. [00:15:55] Of gas for its customers because they chose a very expensive platform to mentor. Now, hypothetically, let's say you had chosen a polygon, right? When you met there and say, look, you can bridge it here. We built a tool to Bridget, go on. Now it's on Ethereum and you have the cachet of being on Ethereum. [00:16:13] You know, what that looks like is, is going to open up a lot of potential and maybe decrease the prevalence or. Importance of Ethereum as, as a full network. If you can move between chains potentially. [00:16:26] Yeah, I think that's it's definitely possible that maybe we don't care as much about Ethereum. And I think one of the, something that I'm looking forward to is the user not needing to care quite as much about which network it on a project is on and have to switch between it. You know, I think there's a lot of. [00:16:43] A lot of technical aspects that the user's exposed to right now that seem unnecessary. You know, not, I'm not just talking about the fact that you'd need to use a wallet and all this, but then you've got to switch between it and have, have a currency on the right network and make sure that you have enough of the currency to keep transacting, because otherwise you're just going to be stuck without it being able to move anything on. [00:17:04] There's just a lot of issues that come up and you know, I think this is, this should be pushed to the back end. So I'm looking forward to when, when it it's, there's not so many hurdles to just trying to use another network. It's, it's already difficult enough to use it, to get it in FDS as it is. And, and putting it on the user to, to to figure out how each of these different networks is a lot to ask. [00:17:30] Yeah. [00:17:30] it's tough to move to. I mean, Yeah, absolutely. We're we're only at a fraction of total people owning. And FTE something like 1.4 ish million. I mean, it depends on what stats you're looking at, but if you were talking about what gets mass acceptance, it's saying that like, well, wait a minute, you know, I bought this, you know, this non fungible element and why does it matter what, what chain is on? [00:17:53] And I think those, those pieces are going to get better. I think there are security risks with sort of the, you know, when you're bridging with a tool like Warhol, If you are also considering the platform you want and the, like the overall security, we just talked about the Ronin hack. Let's say you'd move it onto a alternate layer one. [00:18:13] And I dunno, say all of the Ethereum bank accounts get, you know, its underlying cash gets taken. What does that mean for your asset? Well, I don't know. You can, you can move that back. What does it mean for did that technically have a pricing event or a repricing event? Does that have a tax implication? [00:18:28] I have probably more questions than answers when it comes to it. But I do think the, the future of NFT ownership is one where moving it across as an asset is made easier. I also believe that it will increase the potential value of based and FTS when they can come into the highest liquidity pool, which is, if you're in minutes, I had a topic we'll get to. [00:18:54] Later. So I think that may open up a door for additional value in terms of overall marketplace purchase power for these alternate layer one projects. [00:19:07] Yeah, that's true. I mean, it is, it is still the biggest liquidity bullets where most people are trading NFTs. You know, I know that there's some other networks. Have growing NFT marketplaces, but at there I am still the biggest. And you know, that's the reason that I think we're seeing projects still launched there, despite the gas fees. [00:19:26] It's, it's where most people are. And if they're willing to, they're willing to spend the gas, you know, it's, it's where you want to go. I think one of the reasons is that it's relative, there's still a lot of hurdles to using layer twos. There's a lot of people that don't quite understand what it means to use layer cues, to use other networks, you know, Once, I dunno, I hope that once those issues are maybe not completely resolved, but they're made easier to overcome. [00:19:52] You know, I think we'll also start seeing people get into these, you know, I think that could be, you know, if it's just using, if you can use the same tools that you're already using and access more of these other networks and not have to go through and kind of figure out the technical side. I think that there's a very easy avenue for new people to start coming into these other projects. [00:20:11] And like you said, that can add value to the products that were at least originally on other genes. [00:20:17] Yeah. Well, there's also another aspect, which is the strategy that red village, the red village took with and dropping their initial sort of token access path. Called the blood portal and then they're, you know, their bones collection and then saying like, all right, now these will give you access to the drop or the mint on polygon. [00:20:38] Right? So they have the sort of high level, a theory I'm based to add that credibility. And then they move to the, the low gas gas lists, a polygon or secondary chain. And, you know, maybe that's stretching. Goes away, maybe it doesn't, but that seems to be the most logical if you're trying to like, have your cake and eat it too in that sense, but you're still changing wallets and networks and it's a bit of a headache. [00:21:02] Yeah. Yeah, absolutely. I mean, it's not, that is the way we've seen it done a lot. I don't know that it's I don't think it's the way it's going to persist over time. I think people are going to want to be able to move the actual asset and not have kind of a key on one chain and the asset on another. [00:21:19] Yeah. that makes sense to me. And then you have a mention here that me Bitstamp also had to issue a small amount of MADEC to all members, to delegate votes, to require a vote. [00:21:28] Yeah. So they've used Maddick for voting, you know, which is interesting, but you know, they did have to actually distribute Maddix. So it didn't cost much. And as I mentioned, when you go on these other networks, you've got to have enough of the token that the you know, that they charge fees in two people to do any transaction. [00:21:45] So while it doesn't cost a whole lot, you still need something. So, you know, you need a little bit of, of MADEC there. So that is one of the things that you have to keep in mind when you are on other networks. So if you're asking your users to go do it, you know, that either means that they, you need them to go. [00:22:00] Moved some funds over to both to this other network and then two with the, the right the right asset you know, being MADEC on polygon anyway that it can be, you know, there's, it's different on different networks, which can be confusing. So, you know, I think that that needs to, you know, that sort of thing is the. [00:22:18] Overcome that, you know, I think that's too much to ask people to always figure out and for projects to to expect users to take on upon themselves. [00:22:27] Awesome. Well, I think there is definitely some element that we're going to be looking for in terms of saying as their alternative layer, one NFTs out there that we can find. And in what it means when we begin to merge these like very disparate systems. Cause like, look, let's be honest, we've given you pretty much, I'd say 95% Ethereum based NFTs. [00:22:47] Cause it's where things that we trust are minted and made, but that may be changing. And I'm, I'm kind of excited for that. Although we have branch to like layer two polygon a bunch, but yeah, for the most part, that's where we play. [00:22:59] Yeah, that's true. Yeah. We've mostly stuck on Ethereum, but you know, maybe we'll branch out a little bit more. As we see things developing.
Theme: What if… I had one month to spend 5ETH & couldn't sell any NFTs I bought for 3 years? Affordable project: Avastars - Avastars - Collection | OpenSea Select Prime and Series 1: https://opensea.io/collection/avastar?search[sortBy]=PRICE&search[sortAscending]=true&search[numericTraits][0][name]=series&search[numericTraits][0][ranges][0][max]=1&search[numericTraits][0][ranges][0][min]=0&search[stringTraits][0][name]=wave&search[stringTraits][0][values][0]=prime NFT News Rantum NFT Market Data, Cryptoslam.io NFTs dominate Austin's SXSW Pixar NFT drop sells out on VeVe shortly after launch Ethereum NFT Sales Are Inversely Correlated to Crypto Market: Nansen - Decrypt NFTs Have Taken Over March Madness Transcript: [00:00:00] Today on all about affordable and FTS, we're doing a little, what if game? What if you had five Ethereum, one month to buy NFTs and you had to hold them for at least three years. So you had to hold all three years for NFTs that you bought this month. It's just a fun thought experiment to see what we come up with. [00:00:20] But first, Andrew, what are you seeing? [00:00:22] Yeah. What do we see now here? Let's see. So we've got March madness just started as we're recording this and we've got all sorts of NFT drops around this. I've been surprised by the number of NFT drops here. And if NFTU was the first one that I heard about, and then there was a let's see, another one from draft Kings. [00:00:43] But they've been quite popular. They both sold out the draft Kings one. It was a draft Kings. I believe it was their first direct and NFT collection that they, they had. Created before they had just hosted them on their own marketplace. That was 12,000 pieces. The an NFTU from recur was let's see almost nearly 18,000 and FTS there they've been popular and selling on secondary as well. [00:01:08] So I'm surprised that it has been as popular to is took me by surprise here. Anyway. I expected a lot during the Superbowl. Didn't really think about how much it may come into play with the NCAA tournament here. And I think. It's interesting for a couple of reasons that this will have exposure for a whole month here, essentially as the tournament spans multiple weeks. [00:01:30] And the other part is that we have the, we do have, the players could potentially start using NFTs as a way to. To cash in on their likeness, which has not been possible for the most part in NCAA history. It's interesting that those are coming at the same time. So watching that kind of closely over the next month to see how much, how much their exposure NFTs get during the during media publication of the events and how much the uh, uh, the market responds to to these NFTs. [00:02:01] How much do you think is dapper labs? Again, the folks behind NBA top shot and also now the the new NFL all day behind any. [00:02:09] No, I haven't heard their name as being directly tied to any of this, I don't know if there's. Who knows the reasons that maybe you would think they would be there, but I don't know if there's maybe an MBA issue with NCAA or I, that's a, that's outside of my knowledge, but I haven't seen their name come up in any of this NCAA NFT talk. [00:02:28] Yeah, it says N F T U largest unified collegiate sports, digital collectible NFD marketplace. Okay. Not going to be on my buyers list, but I think it may help people jump onto it. And if you're able to bring in some of the sports audience, you've seen a lot of success from dapper. Good luck. [00:02:44] Yeah, absolutely. It's not on my list either, but I am I am interested in the news of this or of these collections. [00:02:50] Okay. We have the Pixar drop, so I love Pixar and we've heard Disney getting into the NFT world. So what is this Pixar NFT drop sells out on the. [00:03:03] I never actually said that out loud. I think it's V the BV platform. So yeah, drop, they had a number of different, our picks picks our characters from their various movies available as NFTs, and it was popular. Not surprising that Disney has found their way to this and is using their IP. I think we've discussed this in the past when we heard some rumors of them getting into this, that they'd have amazing intellectual property rights to all of their characters, all their movies to. [00:03:30] Using NFTs and they have started doing this already. And it it sold out quickly. I had seen news of it and was actually somewhat interested and it sold out before I had a chance to to be able to admit it. And I haven't looked at it closely since then, but it has, I know that they had a decent amount of volume and let's see, it was almost 55,000 pieces. [00:03:51] Yeah, total volumes 3.3 million. It starts type saying. [00:03:55] It's an impressive amount and I'm sure we'll see a lot more from Disney as they are pretty good at this startup sort of thing. [00:04:02] Yeah, I've heard they're decent at branding as far as yeah. Something to check out. Yeah, a lot. I don't know about that. Big players in there. And especially if they're doing it the right. way, we've seen also big players do it wrong, with I would say last year tops, I was like my biggest like heartbreak. [00:04:17] So the question is it a money grab or is it a brand building established play? So we'll wait And see there, but Hey, maybe it ends up on the affordable list. Probably not at those prices. Okay. [00:04:29] lastly, we've got a report here and just to report and a lot of people have talked about how NFTs are. Inversely related to crypto prices. We've talked about it a bit. When crypto prices don't do well and FTE prices tend to do better. And the thought is that you're spending less us dollars for the same NFTE. [00:04:49] Doesn't seem to hold as true as the prices also do well during a NFE bull runs for the most part. And there's some news or report from Nansen a an FTE analytics company that has that they put some numbers behind this. So there's a very negative correlation between the two. So it's a interesting report here to jump a chance to dig into this George. [00:05:11] So it was interesting when they're building up this NFT 500 similar to an S and P 500 or the blue chip index. So they're putting this index and pairing it against saying, how does this perform against prices? When Eve goes down, how does this index go up? Because it's hard to say NFTs as a whole. [00:05:28] So they're basketing this top group and showing how it shows strength. When in fact may maybe going down. It is giving me hope that during a, down a down cycle, which is where we are, I think Right. now that actually. Still makes sense to be shopping for or potential NFTs are the keep in mind, the historical window that we get to look at something like this is remarkably short, especially hilariously comparing it with something like the S and P, which is, standard and Poor's history of the stock market, as opposed to history of when we were putting digital images on the internet. [00:06:03] Yeah, but the history, and I think there's a few more regulations involved with going public and trading on the sec regulated market versus minting a new collection and being one of the top 500 at this point. Doesn't exactly sound Bluechip. I think that may need to. They need to be reduced somewhat. [00:06:22] I didn't read that it was 500. I did read they're basketing these in different indexes. I think it is. I think as we see the market mature, we will see different index products, even if they're just for tracking and tracking the health of the market. And we'll see them come together that look at NFPS in more nuanced categories, such as maybe 3d worlds or PFP projects and get a little bit more nuanced than just saying these are the top 500, I think for awhile, we probably should be hesitant to say that there's really 500 quality and FTE projects out there. [00:06:54] Yeah, that's fair. All right. Should we move into our affordable. [00:06:57] Yeah, here we go. What do you got for us today, George? You get another one? [00:07:02] I look, I fell bad again. I apologize already last episode. [00:07:07] for last week, I felt like I didn't bring the as awesome as I could have. And here it is, this is the killer one. So this is looking at a project called add a star Ava stars. And it's our creator is someone like Jimmy dot E I believe it is, but at a very well-known collector, throwing back to it was established in February of 2020, and it is all on chain generative characters. [00:07:34] And it was, I would say second to auto glyphs for full on chain art, according to my rough NFT history, and also a sort of collective agreed history of this. Along that same time was also chain faces a project that we called out a little while back, but avatars is all on chain. These images that are, they look like a profile pic and they have various designs and formats and layouts. [00:08:03] And currently I will say the floor of this is that 0.1, one, five, which I think is remarkably low for a project like this. I will say that. The project also now has the ability to mint replicas. So when you go in, make sure that you're looking at and finding originals, and as best I can tell you can find that in the in the filters of course, but the replicas. [00:08:30] the wave attribute I believe is what you're looking for. There. A prime and replicant. [00:08:35] there it is. Yeah. So the primes are 25. Thank you, Andrew. There are 25,000 primes and only 326 replicants. And again, the ability to recreate new ones so that you can merge and mix traits is paired. As long as you buy an art token, art tokens are currently around 50 bucks. So I think there's one. Interesting history here. And it's just, I feel like it's just getting overlooked because of all of the new hotness running around. Andrew, what do you see on this project? You actually, you're old enough to have actually mentored this back in the day. [00:09:10] So I had one yet, so they've got different series of these. And I had one, I believe, or I had a couple from one of the later series. I didn't have one from the earliest series. As I look at these now looking the gen zero series, there's only 200 of those. Those are the hefty floor price of 19.5 E whereas all the others are much more reasonable. [00:09:32] The the gen one or the series ones looks like they start at a 0.1, two, five. So I think it would be interesting to look, know, if we're looking at some of the historic value, I think it'd be just going to look at the release dates of those. I am sure the is that again, zeroes are actually the oldest pulling up. [00:09:50] One now. So the gen ones was still like this pier was actually. To Jimmy, the creator on May 12th, 2020. So that's actually pretty interesting that is sitting at the floor right now of the gen ones. That's a pretty old piece and has some historic value. Also consider when looking at this as just the various rarities of the attributes. [00:10:13] When I, so when I invented one of these, there were how it worked was you could create your character using picking various hair attributes or skin. No, Tats different things like this, but then at different times they would take a selection of the of these different choices away. Throughout the minting, they would reduce the numbers. [00:10:36] So some of these become more rare both by the fact that they aren't available at a certain point and some are chosen by the people that do them. So it's worth looking at those, I think. Cool project still. It's a relatively, somewhat large collection at 25,000, but I certainly wouldn't say that is a reason not to to look at it. [00:10:55] We've seen very large collections go achieve quite high for prices. Not a reason to stay away. Definitely interesting project here. And I think it's a good reminder to look at this one. I, I've realized I actually do hold one of these in my wallet right now, as I look at this I had one yeah, I had sold some, but I do have one in there. [00:11:13] I may look at, they look to pick another up here, George. [00:11:16] So here's how you can tell us a good project. I brought this to the table and I think, I may have convinced you to go buy another one. [00:11:23] Absolutely. I [00:11:24] good project. Yes, [00:11:26] really interested when you [00:11:27] also full disclosure. I may have just bought a man bun, a gen one, man bun. [00:11:32] did you do it as live on air as we're [00:11:35] I did it live on air gen one minute. Gas was too low for meeting with. [00:11:38] Ignore it. And also it's man been only 1%, 1% of man bonds. So there you go. Full disclosure. [00:11:45] I'll let you know listeners, when he matches his avatar. I assume he's going that way soon. [00:11:51] I don't think I can do it. But this is, so this is exactly. If we're going to tie into the theme here on the smooth transition, what would you buy right now? If you had five E and couldn't sell anything for three years, right? Those two things are unique. One of the guardrails here is five eight. Yes. [00:12:10] This is well beyond our normal affordable project. But the guard rail there is saying like, all right, you're going to put a sizable bet. Would you buy all into one thing or would you spread it out? And then if you have the mindset of holding for three years, what does the market look like? [00:12:24] And in some ways it takes the. This FOMO, panic of oh my gosh, this thing just ripped and dumped. I got to get in on it. Do you really think it's going to last three years from now? And it just puts a different lens on it. So I will kick off our debates saying, I, I brought out a Starz because it is an old stablish collection, at the prices run up way, way back in the day, but know. [00:12:46] It's been mostly drama, but I think when a larger community looks at the historical context of NFTs, this has a place in it. [00:12:52] Yeah, I agree. I think this holds a place. I think it also has a respected creator. Very likely to stick around the industry and not not be out of the picture in three years. I think that's an important thing. We've talked about this recently and our, just our most recent episode about the role of the creator in establishing value. [00:13:11] And you've really got to start thinking. Who are the creators that will stick with this, with the teams that will grow and continue to work on their projects for three years. And that's not easy to say at this point, because most of these projects are well under a year old avatars. We've got something different here that is, we're actually looking at something that's two years old here. [00:13:31] And, I know that's not a lot, but it's a lot more than what most teams have at this point. [00:13:35] Yeah. So in my basket, I would say I would be looking for projects. That are like this. And I don't have, like this full list, but I want something that was minted in 2020 or 2019. And maybe I would shop, I would put say or two weeks toward just shopping on like a looks rare or something like that to be like, All right. Let me find artists that have a cohesive collection that have been doing the work and trying to pick up. Varieties of art. Obviously you're not buying the next copy, but that's not to say you can't find some glitch art potentially in some early works like that. So I would consider pieces like that, that just have art with the capital, a types of appeal and an age to them because I get nervous. [00:14:23] I would get nervous. If anything, if I'm buying and holding for three years, I get nervous of anything that was like minted with. Hysteria where like the last four or five months I think it's just a different atmosphere. And if I'm going to hold something through three months, I better know that. [00:14:37] Like for instance, that the other episode I talked about calling up human park and I know that the virtual human studios is behind Zed run and they're funded and that that's a studio that's going to be around for awhile. that's interesting. Although I wouldn't throw out there. So what, w where would you throw a bucket of your five five-year magical investment? [00:14:55] All right. Yeah. So I think this is a, it's an initially question, what's going to stick around we've talked about. One project that I, that is historic in the past and we've mentioned it. And I think Boone cats is one that I would still put some in. And I think there are some concerns about how active they'll be. [00:15:11] But I also think that, if assuming things continue to. That the NFD marketplace continues to be active, that the team will be around that they do have plans to be on Coinbase. And I think that is good that the team will be around that long. And that it's a historic project. Going back to 2017 I don't have to look at the floor price of that recently, but I believe that's around half an ear. [00:15:33] Could do that well on, and still have a lot to play with and get some historic value there. I like the avatars play as a another I don't know, maybe one of the earliest PFPs that isn't, isn't punks and certainly had a lot. Customizability than almost any project that we still see now. [00:15:51] So I liked that play a lot there. Again, I think the historic value is I don't know, it's important to look at, and, but we also need to start thinking like, are there teams now that are going to be supplanting these more historic teams, as we've seen with UGA versus larva and I think that's a, that's a tougher question. [00:16:08] To answer right off the bat. What's your thought on that, George? [00:16:12] I think. Looking at a scan. If I just scan what is on the top crypto slam top traded top volume. I take a look at that and I'm like here's a perfect list of exactly what I would not be throwing money at right now, because one it's just not affordable. With, if we're talking about an ape or a immediate, like maybe you could grab a meet at four for that right now, but I absolutely would not do that. [00:16:34] Because again, when I put that guard rail of five feet, I wouldn't want to put it all in one big purchase and then hold it for three years. I'd much rather see it spread across a few bets one or two of which could go to a larger return and spread out. [00:16:50] And then, remember the conversations about reputation and what might happen there. I've seen. Other works, I think I'd want, I want to get into some generative pieces. And I know you're the expert really on, on a lot of those those generated pieces, but, I know we're both collectors of pod Gans. [00:17:08] And I think some of those are interesting and I I would want to dig in to say like, all right, what's the generative plan. I can't afford a squiggle. I know you got squigglies for days. But what is the the affordable play of it's clear that in this moment of time, right? [00:17:21] Three years from now in this moment of time. Oh my gosh. People went absolutely nuts for generative artwork. So how do you fill out part of that in important? [00:17:31] That's a good question. I was thinking about that and it's, like you said, I do have some squiggles and I look at that as a somewhat being a safe Safe play in generative art. Yes. Expensive. But I I. Tended to go there because it wasn't quite as susceptible to the, how the market is reacting. [00:17:48] It was the first art blocks project that really led the way for a lot of these. And, again, I looked at the historic value there. So I think it's, trying to look at some of that, what has changed things, pod Gans, I don't know if it definitely changed things, but it certainly was the, it helped establish that new. [00:18:02] That new platform for AI generated art, China. So I think trying to look at look at the pieces or look at artists that have been transformative. We've talked about a an affordable project from Dimitri cherniak in the past, I think in general, trying to look at some of those artists. [00:18:20] Like Casey Reyes who's another, just very influential generative artist who maybe is somewhat overlooked in NFTs at this point. That could be an interesting one that I know that he has some pieces out there that are fairly affordable at this point. And. I don't know, certainly seems like he's interested in sticking around, has done a number of projects and is working on a lot of new projects with art blocks and bright moments teams that I've worked with a bit. [00:18:44] Some other artists that I tend to think of Tyler Hobbs. I would just keep an eye out for things that he's connected to. He does a lot with the feral file. I'm sorry. That's I, you know what I have that mixed up that is Casey Rio's that does something with federal file, I believe. I think that's an interesting platform to look at as something that's been somewhat overlooked but does generative art. [00:19:05] And another thing that we've talked about in the past is looking at non theory based NFTs. And I think. The worth putting some into a platform like Tezos we haven't gone into it a lot. There are certainly plenty of different platforms to go and do, but Tezos is one of the earlier ones and there has been a lot of generative art there. [00:19:26] A lot of just art in general, I would say. I think so that's a, it's a tough one to filter through. We've started to look at it a bit and it's a little overwhelming. I have some pieces there from when it was a lot newer and there was a lot less there. It was a lot easier to just navigate that world. [00:19:41] I haven't spent a lot of time that recently, but I think it may be interesting because there's a chance that there's. Some other, some additional historic value added to those pieces. I don't know enough of about other chains at this point. Such as avalanche or over. Phantom any those too, to know what the NFT world is really like there. [00:20:01] I would stay in with Ethereum for the most part, but perhaps put a little bit into other chains to just play that potential that they end up, that those chains just end up being popular in the end. [00:20:11] Yeah. If we're talking on Teslas, the only one that caught my eye, I did a little bit of a dive on object.com. That's O B J. A t.com, which is like the open sea, for for the Tezos and market is Tizzard's, which seems to be. Randomly generated little lizard Tizard things. And it seems to be the G project as far as that can go on that platform. [00:20:34] So that might be my play there. I'll do more digging to decide if it's like affordable makes sense for a project to feature. But I would throw a dart at that maybe and part of that portfolio, because again, if it's been around this long, it holds a place it's ridiculous for its own. It could have value again in three years. Cause what we're doing is walking this in a box and not touching it for three years, which just forces you to think a little bit differently about it. Notably absent. I was thinking about this notably absent from my basket would be game NFTs, simply because with games I'm very bullish this year on that, but they take so much careful monitoring. And management that I wouldn't necessarily trust that it would make sense to hold it for three years, as opposed to have some sort of unique opportunity to do something weird with it. Flip it, breed it, whatever it, and so I, we get nervous putting games in, into this basket that said this is a bit of a cheat, but I have been thinking about how important. How important. I think that dapper labs is going to be in the next three years of onboarding people and specifically their flow token, I think gets overlooked. Now it's not an NFT play, I'm thinking about how. It is a backdoor into saying like, all right, I'm not gonna collect NBA top shot or the, maybe NFL, I'll take a look at it, but it could be a backdoor at the same. [00:21:55] How do I make a bet on that platform as a whole? I'm an NFT way looking at flow token, but That's a little bit of a cheat. [00:22:03] yeah, that might be a little bit G I wouldn't actually rule out as an MBA top shot. I don't have much, but I do have some, a couple from season one. And again, somewhat of a historic thing helped usher in a lot of people to NFTs and. Debra labs going away anytime soon. I don't think, I don't know what the price is. [00:22:21] There are a lot of like right now, I'm sure there are values to be had with certain players, certainly that you could put some towards that with the five, eight under the five eith allocation. And feel like he's still got a lot to play with otherwise, but I think that might be interesting again. [00:22:36] To get out of necessarily just going with Ethereum based NFTs. And I think that is a question that we'd have, that you really have to look at when you're saying buy and hold for three years. What do you think of the chain that it's on is that network going to continue to hold value or to rise in value and are the pieces that are minted on it, going to hold that value or, are they gonna be valued in. [00:22:56] USD. And, if the Arrium, I shouldn't mention the report that we talked about earlier was talking about a theory based NFTs and they made that very specific. They didn't, they're saying that. The value of the NFTs that are held in a theory, them were held a value better than crypto tokens over that time period that they looked at. [00:23:16] So it's, it is interesting that you've got to take into account the value of the tokens that the the NFT is actually transacted in. And we've talked about that a bit in the past. I think, when you're thinking about this, how much are you taking that into account? Do you think of Ethereum is going to continue to hold that. [00:23:31] I think if I'm putting out all of the horses in the race, absolutely. This year, we're going to see the improvements to proof of stake over proof of work in the merge and Ethereum as a platform, if you look at it with regards to a PE ratio, it's actually being used, burned and utilized a lot more than any other token. [00:23:53] And in our current drop a lot of tokens have taken a haircut. Eve is still, hanging in into the mid, 2,500 to 3000 range. And it's still, half off, a high, as opposed to 90% off of a high, it is a strong platform to, to bet on all ready on a risky asset. [00:24:10] And yeah, I think that is why we've brought up that. [00:24:12] article and I like this basket, I think this basket would potentially do. It's risky. And we're talking about, buying images and find images on the internet. But I think having that lens, especially during right now and during recession shopping, we're where things are down to have that mindset of like, all right, there are, there is value out here and there's not a lot of customers running around, buying up stuff. Where's that value instead of. Trying to contemplate whether or not you should, ape into Abe token, which I have already warned, I believe will go down because of money versus go and find a project it's just straight up overlooked, but has long-term potential value. [00:24:48] Yeah, I like that play. I think going small, with a lot of these different projects is the way to go here. It's really difficult to pick one that is definitely going to work out in three years, especially at that five eighth level. I think, at any level, I should say I don't think that I could say with a hundred percent, or I can't say with a hundred percent certain that any of these will be around in three years. [00:25:09] So it's better to take a number of risks here and try multiple things. And I think there's a lot of value to be had in the market right now, if you can sift through things and come up with the projects that are being overlooked, it's not necessarily the easiest thing, but I think we've had a few good ideas here. [00:25:24] And I think that they can also, by looking at some of these. It's leads you to others. If you start looking at things that are admitted at a certain time, you can start finding other wallets. It may have been active at that time and what else it may have been doing. It takes some digging, but I think, if you had a month to do it, and this is the way that I would start going about it. [00:25:40] All right. I say we wrap it on there. It was a fun. What if keep it in the back of your mind? What if you had to hold whatever you were buying for three years and it. [00:25:46] may change how you are making that next purchase. Andrew, thanks so much for the advice and thoughts on. [00:25:53] All right. Good talking, George.
NFT News7 day market: https://cryptoslam.io/ External/Internal news: Crypto Friendly, Conservative Candidate Yoon Suk-Yeol Wins South Korea's Presidential Election Chris Dixon, Marc Andreessen back $30M fund exclusively investing in NFT art | TechCrunch Ukrainian Boxer Wladimir Klitschko Releases NFT Collection to Support Relief Effort Affordable projectChicken Derby - https://opensea.io/collection/chicken-derby Quick highlight on any past projects: Keep Us Honest Affordable Project Tracker Go through the AAA valuation checklist Theme discussion Transcipt: [00:00:00] Today on all about affordable NFTs. We're talking about the theme of NFTs are not anonymous. Anon. Why does the public seem to think that crypto and NFTs are well? We'll get into that topic, but first, Andrew, what do we highlight in the news? Is. [00:00:16] Yeah, so yeah, today. Yeah. Last week we talked a little bit about some somehow about politics and crypto seem to be coming together more and got news that this week a there are two crypto friendly presidential candidates in South Korea. [00:00:30] And I guess the more conservative candidate won out, but. In stark contrast to the current president there that has really tried to crack down on the crypto industry in Korea. So I think this is, I think this is a kind of, I don't know, big moment that crypto it will become a much bigger issue for politicians going forward. [00:00:51] We're already seeing Sort of being certainly not not shunned by the U S government. I think we're going to have this become a bigger issue for elections moving forward here in the U S just as it was in this election in Korea. So I think that's, it's just interesting to watch that. [00:01:07] And don't know. Did you, had you seen this at all, George? [00:01:09] I didn't see this one in particular, but I haven't seen Andrew Yang make a lot of rounds in the U S seen for his web three IO lobby group. And. You better believe the amount of politicians that are gonna wake up to the fact that wait a minute, if I have a pro crypto stance and a public facing wallet, I will get money. [00:01:29] It won't take too long for people to catch onto that. So I think the longterm ability for crypto to make its way positively into government and legislation is is [00:01:39] pretty bold. Yeah, absolutely. So the next newsletter I've got here, I just saw this as we were getting ready to record here was that some of the big partners from a 16 Z one of the big VC funds including Chris Dickson and mark Andreessen our IX or. [00:01:57] Backing a $30 million fund to invest in NFT art exclusively. So this is, these are art pieces. There's not a lot of detail on what type of art that will include yet, but that is a sizeable amount 30 million to go into NFTE art. As far as I do look at that market a lot and that is, that's a lot of art at this point. [00:02:18] There aren't a lot of pieces. That go for. The, even the six figure range in the art area you see some big sales on super air, but that is, we'll see where that, where they actually deploy that. I think that is that says a lot for the future of the crypto art market. I think [00:02:34] just focused on an empty art, mind you not like NFTs art. [00:02:39] I think that small extra three letters is so important because you're beginning to realize. As an, even an investment commodity or strategy here, it is being segmented based on the type of NFT and the utility. And we keep coming back to making it more of a larger platform, a concept like the internet and no, one's oh, you like that internet? [00:03:04] I third, only people that are weird or on the internet, okay, it's 1997. But we're starting to see. That type of nuance. So I was excited to see that also the other thought in my head for this is that I have it frequently also for certain Dows that collect a bunch of money to go buy super expensive stuff. [00:03:21] And I heard this mentioned on my first million podcasts, you should take a pause. Imagine if someone came to you with the investment opportunity to run around America and go buy the most expensive real estate you could possibly find that just happened to be pumping right now. You would maybe question that investment thesis, why would you run around buying the absolute most expensive homes? [00:03:44] And like you would question that, but you don't necessarily question [00:03:47] argue that the art market, the NFD art market has, is not exactly pumping right now and has been largely overlooked. In most of this activity that has focused so much on 10,000 character or, collections. So I think that, that there is a difference there. [00:04:03] I think that, we'll see what they, where they go with it. I imagine that my guess would be that there's going to be investment in some historical pieces because there, as we've done. About there were a whole lot of NFTs created in 2021, a lot more than we recreated ever before that. And I think that those are the ones that are often talked about in crypto OJI circles, as That's the proof that, you understood what was going on. [00:04:28] And so I think that those may be where they are. That would be my guess that they've looked to older pieces first that have more value as we are as more I'm sorry, less less supply than some of these later collections that. And as we know, there's a lot out there right now. And it's not hard to come by them, but to find the older pieces that you actually can see on the blockchain I speak minted at a certain time. [00:04:48] It's a little bit harder or a lot harder, I would say. So you read [00:04:52] that as like an intelligent approach to finding value in the market. I read it as, let me, let's let us go off by a whole bunch of apes and and. [00:05:00] We'll see what they do. These, they will say tend to, [00:05:03] Obviously we've drawn this point out, but I'm curious. [00:05:05] So if you were handed that sort of, that basket of money and an investment thesis, you would take it and say like, all right, let's start with this list of artists that have been overly. And look at a five-year horizon or 10 year horizon of saying like these people are just going to eventually be recognized as it, or even if they're not recognized, they simply have a place in glitch art or this style that came to pass between these years of ex. [00:05:31] Look, I, I certainly don't know what they're, what they are going to do, but yet if I were given that I would certainly look to invest in older pieces of NFT art and crypto art to people that were doing it before it was necessarily what we know it as now. Because one, like I said, the supply is so much lower in there is I think that there will be a lot more credibility given to this as to those people that were doing it before when, getting a $70 sale really meant something. [00:05:59] And now it costs $70 just to, to process the transaction. Maybe you're lucky right now that it's a little bit lower, it's like, It's really come a long way. So I think that there's going to be some importance given to that for the people that were doing it at that point, and that there's going to be more of a recognition that this is bigger, a bigger change. [00:06:17] Then the Naval we're giving it credit for there's an adoption of this new technology. And there's some proof that you maybe had that you were working on it at a certain time, and that it started to change things before it started to lead to what we are in right now. And, we may say that it's a cold market, but at the same time, as we said, it's 10 times the number of people that were doing this a year ago, [00:06:40] Yeah. [00:06:41] If you look at the history of sort of technology memorabilia, right? The first apple I iPod, like that has a value that first any S system and cartridge that has a value now, these are things you can no longer get these sort of min conditioned box items. And then that sense, like this is that, however, it doesn't degrade over time. [00:07:03] I would have. Would it be possible to create one of your dune analytics boards, like around like a handful of those artists tracking them back? Or is it like kinda tough? It sounds super rare, right? [00:07:13] Yeah. I, that one I thought about, I would like to get into that a little bit more than just looking at super rare. [00:07:20] Cause it's easy to look at super rare, but I'd like to know. Things across multiple in almost multiple platforms, they aren't always the easiest to identify. So it may make lewd actually looking at the specific token IDs, but and then grouping them together. But I think it would be nice to be able to get her an idea of what is actually out there, even in the, some of these older NFTs, because it's really, it's, I'd like to get a better idea of how many mints there were. [00:07:46] In 2018, 2019, or in 2017, that we know that punks were happening. Then, when there's a little bit of debate about some, which is what some of the first collections were in different areas, but it's still nothing compared to now when we've got dozens of projects launching every week and thousands of NFTs being minted, I don't know w we'll see what they do with this. [00:08:07] I am. I've thought about this a lot. Before this, that I think that some of those early pieces will hold historic value. We've seen this in different art movements as well, when there is a big shift some of the people that innovators that were doing it early, a couple of them will often rise to the top and be the people that. [00:08:24] Everyone looks to as some of the influential leaders that started the movement before it was popular. So we'll see if it happens here. It, it has played out like that in other art movements and technology movements before. And this is bringing them together. [00:08:39] I think there's anything affordable there or is it all like aggressively priced? [00:08:42] And then you're like saying like, all right, I'm going to drop, 10,000 in the hope that it becomes a million dollar. Sorry to use dirty Fiat [00:08:49] for, yeah, that's a good question. I think you have to think about it somewhat in Fiat because we always we've talked about, I think these are a longer term play for the most part than some of these collections. [00:09:01] It's relatively unusual that, in the traditional art market that you would buy it, buy and sell a piece within the same year. I would say it's very unusual, especially because of the capital gains that come with it in the the U S anyway or the Catholic kids don't come with it. I'm sorry until one year you'd be paying just regular taxes, but anyway They move a lot faster in this market than the old markets, but it's still a lot slower than I've been in an empty collection where you can literally just list it the same day and maybe sell it. [00:09:30] I don't know. I think there is maybe some value there it's I haven't looked closely at the market recently. I am curious to maybe find what wallets, some of these buyers may be using, and then start looking at those a little bit more closely as they maybe start to deploy this. [00:09:46] Yeah, [00:09:47] that's a good plan. If we find any funny, good affordable projects We'll we'll bring it to y'all here. One more story we have here is the Ukrainian boxer. Vladimir Klitschko released an NFT collection to support the relief efforts in Ukraine. So this isn't an NFT that can be tracked as best as possible to support that will go toward the, the crisis unfolding in. [00:10:09] So there have been other NFT projects. Certainly there was like a promise of an NFT dropped by the Ukrainian government, I think. And then they they were a little busy with, the bullets and the Russians and they were like, ah, actually, no, but I'm, I'd be willing to bet a horse that that they will come out with something. [00:10:28] Hopefully they come out with it on a, a gracilis layer or something, or good old polygon. To to, to further people's ability to support the efforts there. [00:10:37] Yeah. Yeah, absolutely. I Like you said, there's been over 80 million funded to Ukraine at least tracks so far through crypto efforts. [00:10:45] I will, this is a cool collection and I hope we do see more something official from the government. I think that would help them help them a lot in terms of fundraising. And it would be a popular collection for a number of reasons [00:10:57] and watch this smooth transition. And speaking of. [00:10:59] Russia and Vladimir Putin, a true chicken of the region. Chicken Derby. Why not raise some check-ins so it was pretty smooth transition. There [00:11:09] we go. Yeah, chicken Derby. Let's get onto it. What do you have for us here? [00:11:12] Chicken Derby is basically chickens, meat, Zed run that has a racing game. They have been in a sort of phased roadmap launch that finally. [00:11:22] Cause I've been watching it for a little bit because it's been talked about chirp Tibet. If you will, that run discords they are these animated looking chickens that you submit and race. You paid. Drop them into a race right now, they are about to, it seems like move out of beta four, race racing, actually there'll be a free tier and a pay tier to race. [00:11:44] And it is a play to earn type of strategy here. Also a earn way play as well, because there's like a way to pay into a race. It's like the gambling element as well. The earning element, they are ridiculous looking. They have skills there are currently 33,000 and roughly 6,000 owners. The floor price is at 0.03, two, so very accessible. [00:12:06] And all I can really do is say like they're mimicking off of Zed run in many ways. And we'll hopefully learn about the mechanics that actually work. And, people are in fact playing this game. So I will say that Genesis horses in Zed around are incredibly valuable at this point. [00:12:22] But the chickens in here, there are four different breed types, 11 breed type. There are. They call them heritage dorking Lakin builders, Sultan and Sarama. And when you jump and find that link, you'll be able to see the varying amounts. Seromas the best dorking is the worst. My, my recommendation would be like, play around, look at rarity score, but actually. [00:12:44] The talent is what seems to derive the most value of the potential racing capability. The racing capability will be found out by the chicken based on the distance. It runs there's short, mid, long distances that are rung run, but basically more rare talents are, and the chicken is racing. It has a special ability to do something ridiculous, like freeze. [00:13:08] Or make them March in a circle or blow them up or toss them into a black hole or take a helicopter from last to first. So there's all of these special abilities that are just randomly done and some are far more powerful. And basically you'll be able to tell that from the talent drop down, That's where I would potentially start if I were getting into it full disclosure I'm a stable not a henhouse, so I don't intend to buy one, but I might change my mind, but it's something interesting to look at. [00:13:40] And it's at a time when the game is just finding its feet. So it has proven that they can Del develop a game. I get nervous. Too much getting in that period of time where there's no game and you're buying assets. But they've shown they can do a thing here. [00:13:54] Andrew, what insights [00:13:55] do you see here? So I'm looking at the website here which is somewhat curiously@bitlevin.com. Apparently that is the developer behind this. I was trying to find more about the developer says that the It's the team behind of final boss games. They're well-known for the game ganja farmer. [00:14:13] Note link on that ganja farmer had over 7 million downloads at once. Not super active at this point, but does have. Good reviews. Still, when you do a search for it, I'm a little disappointed. There's not a little bit more about the team. Looking at the website here there's 33,000 of the 33,333 of the chickens noticed. [00:14:35] Yeah, I dunno. It sounds interesting. I don't. It sounds somewhat like it's just a copycat of Zed and I'm not sure what what's going to entice users to try this versus one of the many of the stable games that you've brought to us like peg exe or is it, [00:14:51] yeah, I dunno. [00:14:52] It's pretty ridiculous. Like it doesn't take itself seriously. And it comes down to getting the game. If they can get the mechanic right. And people play it and it's fun. You know what, like this time, last year dose going was pumping like, okay, like dog coins pump, like, why not? [00:15:05] They're telling yet. [00:15:06] Maybe you just haven't had the time right [00:15:08] game. You, I had a dad pond. You get a deck? [00:15:11] Yeah. We each got one. [00:15:12] Cool. Alrighty. Moving into our theme. All right. Yeah. Our theme here, what do you got here to get NFTs are not anonymous. It is curious that everybody seems to think NFPS and crypto is so anonymous. That is not the case at all. [00:15:30] It's aggressively true and aggressively misunderstood. And how do I make the claim that it's missing? [00:15:35] One, because there's so many people, that end up making their like profile a, a punk or a board app and be like, oh no, this is me. I don't want to show my real identity. Like it would take an actual reporter, probably a lunch [00:15:50] break to find [00:15:51] you. And what's more, we see ridiculous things like, the Ivanka Trump NFT getting bought by her own wallet and being like, no, it was bought for somebody else. [00:15:59] Like not sitting there, [00:16:00] like you see [00:16:01] there's this assumption. I feel that because crypto in the past was a bunch of, hash numbers. And, the silk road type of ethos of oh no, you can never track anything and find it. It's actually incredibly trackable. And it may be that, the public or general perception just sees these hashes and be like, that's impossible to tell what's going on there. [00:16:25] It's no, that's a unique hash that's somebody's number. And they just run around with a number, doing whatever we want. Wet. It's more trackable than a cookie. You [00:16:31] can't escape it. Yeah, absolutely. This is a, it's more like a permanent one that you actually want to carry around with you because it has all of your assets. [00:16:39] So when you connect to a site, they can see who connected to their site and see what you have in your wallet, which means you people know, what kind of currency you have, what other NFTs you hold. You can also see, Do you want to dig into it? You can see what they've held in the past. [00:16:52] It's really not that hard to look at all these things. And generally speaking, then you can often see that there's an ENS Ethereum name, service, and name tied to it may not be their real name, but in many cases it is often you'll be able to find a Twitter account. There's so many non-anonymous ways. [00:17:07] So even if there's not a. A real name immediately available. It's often there, if you look off the surface, but this is, it's a kin to, if everybody could see all of your all of your stock trades, all of your everything that you're I know every game that you're playing, just see this on a public blockchain and be able to pull that up forever. [00:17:28] Everybody has this data. This is very different than just, Google or Facebook. It means that when you take an action in web three and sign a contract, anyone can see this. It's really quite different in this. Yes, it's a long 42 digit hash, but that's just a 42 digit hash and it follows you everywhere. [00:17:48] So there's, it's really not anonymous. Recently we talked about how some six year old cases we're resolved and, people were arrested, these things don't go away. The blockchain will record this and it is completely not anonymous. It's completely misunderstood. [00:18:04] And I guess there is. I at the beginning, people thought this, and it's in a concept that is proliferate, proliferate it over time and it's false. So we need to get that idea out there that this is when you take an action in this world, it will not only be known at that time. It will be known forever and will be found out if there is anything I'm not right about it. [00:18:25] I have two analogies, one early days of Facebook when it was just in colleges. I remember joining from my college and I was like, oh, I can post whatever the heck I want here because, oh, it's just my friends being connected. I had no concept of what network effects really were, what they meant. I had no concept of the Facebook roadmap, which was expand to absolutely everywhere and share absolutely everything about what I had done under a previous sort of social contract, I would say with platform in the same way that maybe certainly in the early days of [00:19:02] NFTs oh yeah, [00:19:03] it was. [00:19:04] Use a hash to find somebody, but over time because of network effects because of triangulation and the ability for us to use some of these tools, like there's a reason why some of those scammers have been caught now because tools are getting more sophisticated and the ability to de-anonymize those hashes is becoming a really readily available. [00:19:26] Another metaphor. I'll hold on that thoughts, do you agree? Is that. [00:19:30] Oh, absolutely. Yeah. There's there's a lot, there are a lot more people looking into this that are working on tracking these things that are actually keeping off-chain databases of who these who some of the more prominent wallets are. [00:19:42] It's even hard to, it's becoming hard to even think that you could move money around, even if you were able to to somehow, get a hack in there. And once you, if you have a sizeable amount, people are going to be able to track that forever. Most of, I think all of the Exchanges require some sort of a KYC element where know your customer, so they you've got to register your real name. [00:20:07] So when it comes out, when it comes out of crypto and into, real-world currency someone's still got that that isn't necessarily public, but up until that, Anyone can see it. And after that, it means that a, a company that reports to the sec can see it. There's not a lot of privacy here at all. [00:20:23] There are more companies working on privacy solutions for various layer twos. I don't know enough about those to understand how that's going to completely solve the anonymization. Yeah. [00:20:36] Yeah, I've seen a lot of these sort of privacy and privacy platforms come out there and it will come, the pendulum always swings back and forth, but right now it's really aggressive between toward everything you do is very public, very find-able and quickly accessible. [00:20:48] The other metaphor I have is to your point about the, can I see all of your assets? If somebody knows your address and your sort of IRL address your house or your apartment, they can look up. Certainly where you are, where you live, the average zip code income, they can look up if you had bought it and you can find the housing record of that. [00:21:06] They can find your information that way, but they, it stops there, but there is information associated with that address that, there's a reason why some people are like, yeah, I don't want to share that very readily, but it goes even beyond that, because then you could say, yeah, I could see all of your crypto holdings. [00:21:21] That is an isn't true. I will say if you looked at, either one of our wallets, for example, you would certainly see a stupid amount of horses and an amazing amount of art on your side. But there's also a lot of stuff. I have randomly staked places like I have just skittered about, cause I didn't want to put everything in to my main wallet and you'd have to know where to go to unlock. [00:21:40] And you don't [00:21:41] see [00:21:42] staked. In your wallet, cause you've technically put it somewhere and, promised on a contract, that'll come back to you. And when. [00:21:49] Yeah, that's a good point. And I've actually heard of, I've heard of someone that was hacked while had wildly had something staked. And the hacker had actually written a contract. [00:21:59] So that one day on staked, the token would immediately go back to the hacker, but they wrote something that I hired someone to write some sort of script. So that, that couldn't happen. But that's an interesting thing. So if you use that word. And then either lose access or someone else gains access to that wallet. [00:22:15] They can access those state tokens. They may not know where you have stake tokens, and those tokens could be currency or NFTs, but I'm like a [00:22:24] squirrel. I'm like an internet squirrel. [00:22:26] Know why I still look at yeah. That is a good point there where hidden things. [00:22:30] But you could see at least where you've sent various various FTEs or various tokens, you'd have to somehow. Filter out the ones that are just valid transfers to another wallet from those ones that are just being staked somewhere. So you'd have to know that the wallet is a staking wallet versus someone else's personal wallet. [00:22:47] So yeah, that does make it a little bit harder to track everything. And as we've talked about, almost everybody in crypto has at least a couple of wallets, if not three, four or more. And so I, I. It's a little harder to track everything, I would say. There are ways that you would be able to see see maybe related wallets. [00:23:07] If you see that there's maybe free trade, free NFTs being passed between the two or just a lot of transactions between the two wallets, you could certainly link those in that way. And there are tools we've mentioned some tools out there with tornado cash is one that helps to anonymize. [00:23:24] Transactions. And I would say that's really best if you just want to anonymize it for your own for your own sake on the web it's still going to get back to you in terms of any kind of, [00:23:35] can you Tornado Cash, NFT? [00:23:36] You can set up a new wallet and then just buy the NFT with that. [00:23:42] New wallet that is essentially not tracked to you. In this case, you maybe would send one Eve into the, into tornado cash. At some point you take it out to another wallet. That never is that from directly from a tornado cash. So it never is tied to your original wallet. So there's that hundreds or thousands of these transactions going in and out as long as it's a small amount, [00:24:03] but then by that NFT, [00:24:05] You will, if you buy it from yourself, you're gonna, you're gonna have that tied to you in some way. [00:24:10] I guess someone could just think it's a, yeah, I guess someone could just think it's a, the distinct buyer. Although if they hold just one NFT and maybe one purchase, it's probably a pretty, that to me would be a good sign. It's a related wallet. I'm thinking that you could do things if you just want it to be. [00:24:26] To start a new wallet and not have people necessarily track it. At the end of the day, you're still taking it out and I, it's not good for trying to avoid any taxes or anything like that. Definitely not saying that. And would strongly advise against trying to use it for that. It would really just be for the personal. [00:24:41] If people know that it's you or not, and I could see people wanting that sort of anonymous activity not everybody wants to go on, crypto, Twitter and brag about their NFP purchases. There are a lot of people that really don't like to talk about what they're purchasing or to have people know what they're purchasing. [00:24:58] So I could see that there are people that want that just for that reason. [00:25:01] Yeah. It's a good warning. I feel like there, there are some percent of people being like, oh, there's no way the government can tell that's my wallet. And you're like, boy, you're wrong [00:25:08] on that? Yeah. Just because they haven't found yet don't mean it not coming. [00:25:13] Absolutely. Like we said, that, that case from six years ago, just imagine the tools that'll be available in another six years. And [00:25:19] guess what? They'll make the statute of limitations as far [00:25:22] as they. Yeah. That'll change if necessary. Don't worry how there's always a way. [00:25:27] All right, Andrew. Thanks. [00:25:28] I think we've really bounced it around a good amount. Thanks for sharing. See out there. [00:25:32] All right. Bye George.
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How To Buy NFTs What is a Non-Fungible Token NFT How To Make Your Own NFT Best NFT InvestmentsEpisode SummaryJoining us today for another NFT interview: Fang Gang!!Guests:Fang Gang: https://twitter.com/FangGangNFTPaca: https://twitter.com/CryptoAlpacaNFTJunshi: https://twitter.com/JunshiNFTFang Gang is a collection of 8888 randomly assembled Fangsters - twisted lunatics that come out at night to throw parties, hang around in dark alleys and have fun on the streets of New Fang City.https://opensea.io/collection/fanggangnftHosts:Chris KatjeMazhttps://bitclout.com/u/mazFollow The Roadmap on Twitter!Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everyone. Welcome to the roadmap. Benzingers new NFT show. We've had some great teams on our show for interviews before the teams behind pixel vault, art blocks, the Vogue collective robotics, the dos pound crypto dads, lazy lion sub duck, and more. We also did an NFT giveaway and we are planning on more NFT giveaways in the future.So make sure you like this stream and subscribe to Benzinga as YouTube channel. We have a great show today. Fang gang joins us for an interview here on the roadmap guys. This is the road.Oh, right. Everyone. As I said, this is the roadmap Ben's thing. As new NFT show. If you're new here, we air Tuesday, Wednesdays and Thursdays, 2:00 PM Eastern time. Make sure you like the stream and subscribe so you can get more NFT content right here. Let me go ahead. Bring on my cohost mass mass. What's going on, buddy?Yo, what's up Chris, back to back, man. I love it. How are we feeling today? I know it's nice to have the, the expanded show schedule now and to have these great interviews. We've got a big one today. I also, I mean, when we started this show, we had a different background and I am still loving this new layout.So if you're new here, you can see right there on the screen. If you comment in the chat. Your comments appear on screen. So with that being said, if you have any questions along the way for mass, for myself, or for Fang gang, when they are on the stream, go ahead and comment and let us know. And we will be reading that throughout the episode and try to get to questions later on a mass bang gang, right?That is the focus of the show today. This is a project with 8,888 NFTs. The Fang stirs. Um, there is 4,100 holders, so we're looking at a pretty strong, uh, user base, right. And we have a floor price of 0.07 right now. 17,000 in their discord and over 17,000 followers on Twitter. What do you think of Fang gang?What do you know about this project? Yeah. Well, shout out to our producer, Alyssa, who has she kind of introduced us or at least my self-defined gang, uh, it's her profile pictures. So that's when I saw it, I was like, oh, they're pretty cute. You know? So they fit that aesthetic of a great profile picture. The community looks awesome.Uh, very supportive, you know, all throughout Twitter and discourse. So it should be a good episode. Definitely. We always like focusing on teams with strong communities, right? I mean, community is so important in the NFT space. If you want to make it longterm, shout out to our chat. I'm seeing lots of familiar faces that have been on lots of our shows with us.So shout out to you all in the chat and if you're new here, let us know in the chat as well. Let us know. Hey, it's my first episode. And maybe we will give you a shout out during the episode. Mass before we bring on, uh, the Fang gang team. I think we have a trailer to play, to get hyped for this interview.Should we roll that trailer? Absolutely. Anybody watching though, we need you guys to hype it up with us. Put that like button down below and let's hype this up. Let's make this intro great. These always get me hyped up for the interview.Oh, come on. Look at that. Look at that. Shout out to our producer, Alyssa for making that wonderful trailer video. I mean, math, this makes me just want to play the game. I don't even know. Uh, I mean, I know we've got the interview, but I mean, if you have not played the fan gang game yet, uh, to anyone in the chat, make sure you check that out and we're going to hear more about that game during the interview.So without further ado, let me bring on the co-founders of Fang gang. We've got pocket and June sheet joining us on the roadmap what's going on. Hey. Of course, of course. And that trailer video by our own producer, Alyssa highlighting the Fang gang game, a super exciting project to talk about. Uh, let me go ahead and kick off the questions here before we get into Fang gang.One of the things we always like to ask teams is what was your history like before you created the project? You know, were you involved in other MFTs? Did you hold NFTs or was this a completely new space to you? So I'll, I'll start with pocket here to kick things off. Awesome. So, uh, I've joined the NFT space back in March, beginning of March or, uh, end of February.And, uh, I've been, uh, I started experimenting, so I've been a designer and, uh, uh, want to be artists for all my life. And so I found a space through to try some stuff here. So I've launched, uh, uh, experimental collection. It was my first one. It, it didn't go anywhere big, uh, but it was a way to learn. And then a while later I launched my, uh, uh, the collection that actually, uh, when I got my nickname from, which is crypto or backend, uh, where I did, uh, our Packers for ID, like, uh, over 50, uh, in pixel format.So that's how I started. And then of course I started as a creator, but quickly, uh, started to be a collector as most of the artists in this space. Uh, and I met June, she along the way, uh, we, we joined the same chat room, uh, I think back in March too. And we started talking and, uh, that's what that is to creating fan gang, uh, in August.So it was a short but intense ride so far. Perfect room. Was it? Uh, it was, uh, uh, Twitter, uh, chat with a lot of artists, like, uh, people that were starting at the same time as this, uh, like crypto burbs was there, uh, June. She was there. I know, uh, uh, hash vestors was there like some names that are being talked about nowadays, uh, started with us right there.Awesome. Jinshi same question for you. Uh, what's your, uh, intro to NFTs look like here. Um, so also back in March, like Bucca set, um, my brother had told me about NFTs, uh, because of their crypto punk hype was real back then. And, um, well, as, as a, as a studying a multimedia designer artists, um, I thought I would hop in and just create some stuff.So I kicked it off with a personal collection, uh, based around doge because there was the high back down of course. Um, and I made some pixel dogies out of those. Um, after that, I started to look at more of the collecting side of things. Uh, so I branched out my collection quite a bit, um, met amazing new artists, um, and just, uh, made many more connections in the NFD space.I think that's, that's key to, uh, to anyone who's trying to hop in. So, uh, there was a lot of fun. And then I think maybe in July, we started working on fan gang and, uh, the rest is history. Awesome. Yeah. Give us some more, uh, behind the scenes, you know, you too, Matt, and then, you know, how did the idea for fan gang come to be?And, and then maybe June she talk about the, the artwork, right? What was the inspiration, how did this artwork come to be? Um, I don't know. Basically we wanted to create a, a unique character and not link it directly to a certain type of animal. It's still a mystery to our community. What type of animal?Thanks there is. And that's, that's part of the fun, obviously. Uh, so we wanted to create a unique character that is not necessarily animal. Like I said, uh, I think most inspiration for me personally came from, uh, more old timey cartoons, maybe Felix, the cat, stuff like that. Um, 'cause I love that stuff. And I wanted to incorporate that into this design and that pocket.And I went back and forth, designing the base of the character, a lot of iterations, a lot of sketches, a lot of discussing. And, uh, we ended up with this beautiful creature. Awesome. And PACA, you know, uh, same to you. Uh, you know, you met June, she, you came up with the idea, give us the behind the scenes. You know, why fan gang, why this style of artwork and project, uh, for this.Well, I think may and June, she are pretty much aligned when it comes to the, the inspirations of fanging. Uh, actually one of the things that got me here and when we were experimenting, we, we looked at that a lot, uh, was vinyl toys because, uh, when we started it, uh, we had the idea of going beyond an NFT collection, like creating an IP.And building up on that. So that's what, uh, that's, that's one of the things we wanted with the characters is that they could be, uh, they could be used in different media, different formats and, and above all, we wanted people to be able to remix them to which happens so far. So we launched a, uh, uh, an art contest, I think about a month ago.Uh, and, and, and that's, that's the confirmation we needed that we were doing what we propose ourselves to do, because people were able to, uh, to grab the, the, the, the most iconic traces of the characters and, and, uh, redo them in their own style. So I think, uh, when, when creating the characters, these, this concern we had, uh, actually, uh, worked, ended up.Love that. So pocket June sheet, let's talk a little bit about the recent airdrop that you guys sent to everyone who had delisted or listed for one Eve. Can you guys tell us a little bit more about that? Um, let's start with you, do you and cheat. All right. So we always had in mind that ever since we started the diamond facts club, which was a, I think halfway through September, uh, pocket came up with the ID to, to do this, to reward holders and active community members, especially.Um, so that's when we started to give away 0.18 or at one faster every single day, uh, to everyone who, well, like you said, the, their Franks or list above one eighth. Um, and we wanted to do something extra. I know like giving back a bit of is already cool, but we wanted to do an add drop as well. And we recently hired a new developer to work with us.Shout out to reveal if you're watching. To do ad reps and stuff like that. So that's more, uh, easy to us to do that right now. And one day pocket DME with this amazing artwork, he made it all himself, no discussing or back and forth or iterations. And he made this and I was just amazed by it by it. And I thought let's, let's add up this to our diamonds banks club members.Yeah. That's awesome. So, um, parka, why do you guys do the daily diamond fangs raffle? Um, and you know, why is this important for the committee? Uh, well, first of all, I think it's, it's a good way to keep the community engaged. And, uh, when we launched we wanted the community to be, uh, one of, uh, one of its most, uh, strong points.So, uh, we've been working, uh, on that daily, beyond the, the diamond banks club. Uh, we, we try to reward our holders constantly. Uh, like we did an airdrop on Halloween and we're trying to, uh, do, uh, games daily. We do a lot of stuff, uh, to, to keep the community engaged. So the diamond thanks club is not only a way to, to, to reward our holders, but it's also a way to express our creativity so we can do stuff like this, like the diamond, thanks to God, uh, just because we want to, and we can reward our holders with that.So, uh, it's, it's, uh, a way to do, to build on community. Love that. So speaking of community, can you guys tell us a little bit about the Fang runner week three contests, you know, the high scores in the game, what are your guys' high scores? And do you guys put a game? Yeah,I've been trying to break 15 K for a while, but I can't quite get there. It's hard. It's hard, but I mean, there's, I think, uh, the high score so far is like 24 K on the first week. And that's nuts because when, when I'm on 12 30, 13, K I'm already stressing and sweating a lot. So this is, this is, this is not, uh, but we've been having a lot of fun with Fang runner, I think.Uh, well, it's, it's another way to reward the community as, uh, as the diamond. Thanks. Uh, we, we tried when we launched the game, it's just the promotional game. It's not nothing too big yet, but, uh, we, we, we launched the game, uh, along with a pixel thanks collection. Uh, but when we, when we, when we propose to do that, we wanted to reward players and we, again, we wanted the community to be engaged with the project.So, uh, one way to do it is to rewards, uh, holders, uh, and players above all, uh, uh, every week, uh, for their, uh, crazy runs like those 24 K that I think it was invalid by gut. So we've been rewarding so far, um, with, uh, special pixel fangs, special peaks of thanks there's for the collection. We created them specially for this, uh, but, uh, we have something planned for the F for the fifth week that we can't reveal yet, but it's, it won't be an NFT.What used to be something. Uh, but you'll have to stay around the city to see it. And that's in what, two weeks you said two weeks yet. Nice. Yeah. So can you guys tell us, so will the pixel fangs be expanded then? Or is it going to be something completely different from the NFTs, like you said,I think it was talking about the price. Yeah. So in two weeks we have a physical price for any thing, runner competitors. Um, but we, we are, uh, in talks to expand the game later on. Yeah. We want to do much more with it. Uh, just a matter of time, basically. Nice man. And, uh, especial note for this one, we've been working with pixel hands on, on pixel fangs and the Fang runner game.Uh, and we actually want to keep on working with him, uh, everything pixel related because he's the pixel king. So, uh, I'm sure we will expense, uh, Uh, we've been working on that. We can share much yet, but we've been working on it. Awesome. And we asked people in the chat to drop their high scores in the chat.I saw, you know, I think, uh, 8,000, uh, 4,000. Um, but yeah, it looks like you've got a lot of people that play that game. I know I'm going to be playing it over and over now that I know what some of the high scores are to beat here. Um, but it it's just so addicting. Uh, you know, another common question we ask, right?When we have teams on is when merge. So is merchandise a part of the plan going forward and when will we get an update on the.Um, so merge was something we had in mind from basically the very first date, um, because the longterm vision for fan gang, eventually it's just expanding it into a brand, um, something much more, um, than just your avatar. Um, so merge was something really big and something we're really excited for. Uh, we often call it a premium merge merge store because we want to do a little more than most projects do a lot of projects, have a really cool merge, but we want to take it a step further and add some very exciting merge items, as well as non wearable items and stuff like that.I'm currently in the process of sketching, a lot of designs and patterns for the clothing items. Uh, so it's starting to take shape. Um, um, and I hope we can release that end of the year, beginning of next. Yeah. And actually it's still still about merge. We, when we launched banksters, uh, if I don't know if you've noticed it already, but, uh, some of the factors of, uh, some specific brands that we created for the collection, like the wild fangs, uh, and the three little piggies and, uh, uh, by 12th grade is some of them Lupa.And, uh, our idea is to expand those, uh, into the real March. So, uh, we'll probably have some wild fangs merge, t-shirts hoodies and whatnot. So that that's, that's something we planned from the start. And that's why this process is only happening now, after we launch a bunch of things, because we really want to focus on this and, and do it properly, you know, as, as June, she said, premium merge store.Awesome love that. I know there's going to be a lot of excited fans out there to get their hands on that merge. Um, you know, this show is called the roadmap. Uh, you know, so another big highlight is we always like to talk about, you know, the roadmap and what's next. So I saw a comment already in the chat from third, I won saying, can you talk about Fang city?So if you guys can share a little bit about Fang city and that roadmap, uh, for our viewers, Yeah, absolutely. Actually, I've been drawing all day for new thanks city. So I just stopped for the, this, this live stream, but it's been our focus lately. Uh, so June she has been working on Merck and I've been drawing for new thanks CD, mostly.Uh, and, uh, I think the, this started as a community project. So this, this wasn't something that was on our roadmap, uh, uh, since the beginning, but our, our current dev reel, uh, came to us with an idea of developing, uh, that, that new Fang CD we talked about before, uh, eight into a, a hub, a place where, uh, you can, uh, search for everything, uh, Fang, gang related.So, so far we have a few ideas in mind, something, and, uh, it will probably, uh, stop. Uh, just with the game room and the merge store, uh, and the two, two or three other rooms, but our idea is to expand it a long time. So, uh, when you, when you enter new thank city, you'll be able to name your faster, tell his backstory and then roam around and, and interact with other fencers.Um, but it will be a long-term project. So when we launch it, we'll probably have like three or four buildings, but, uh, as, as we go, uh, as we go down the roads, we, we could add more things. So it's, it's a dynamic websites, uh, to say, so I don't know if you want to add something. Um, and that's about it. I'm super high for it.And, uh, I can't wait to expand that as well. I think it's cool that we have stuff that we can expand later on like Fang runner is basically the core of what we wanted to make and people are enjoying it and we're having fun with it. We are rewarding the community with it. Uh, but we are expanding that and same for new fact city.It's something we want to release and people have fun with and also expand later on. Perfect. Yeah. I mean, that's awesome to hear more about what's ahead and pocket also that you're working on the artwork. Um, you know, and thanks for taking a small break to join us on the stream today. We appreciate that.Um, well, uh, another thing we always like to ask the teams, and this can be a difficult one, you know, especially for the artist, is we like to hear what are your favorite traits, um, from Fang city? So, uh, June G let's start with you. Oh man grills, grill gang all the way. Fucking grill myself. Really? My favorite.Yeah. Um, besides that I think, uh, the for code is amazing. Um, And the wild fangs, uh, all the hoodies and stuff like that. They, the caps they have on it's dopest. Fuck. I would wear that in real life. There you go. Ask me suits too. Yeah. Awesome. Yeah, we got to see the fur coat here a while. We're trying to pull that up a parka.Oh, there it is. Haka over to you. Um, what are some of your favorite traits in the, in the series here? Just check my PFP. You'll see a four codes. So that's definitely one of my favorites. Uh, I'm chain gang of everything that has changed. So basically, uh, the tank top and the four coats are two of those. Uh, and then I'm a separate for bunny.Heres I love them. I think they're workout. Breeding. So check those two and then there's there's well, all the wild things, uh, merge, uh, speaks to me. I love it. Uh, and there's more, I think it's hard to pick one, you know, I love almost all of them. That's awesome. If there's one with the fur and a grills, that'd be awesome too.Oh, there's not. Yeah. There's no. Yeah. Oh man. That'd be awesome. So guys, we, you guys had a ho how a wean costs contests, uh, earlier this last month here. Uh, will there be more holiday contests coming up, you know, since we're approaching holiday season here? Yeah, man, we, uh, we have something for Christmas lined up, well, lined up where we're discussing it right now.Thinking of cool ideas. Slowly starting to work on it. Um, uh, but it's tough because we're also working on merge in New York city and everything coming out. It's, it's a lot, it's a big package, but the Halloween, uh, costume maker is definitely something we will return for Christmas, uh, and run a contest with it as well.Of course. Yeah. That's awesome. Yeah. I can't wait to see, like Santa hats or you guys get creative with all that stuff. Yeah, that's really cool. I love that. Um, so speaking, you know, we talked to community earlier, um, discord management, right? So we know discord, depending on which discord you joined, it can be completely hectic or one of the best, you know, organized, structured communities you've been to.How do you guys manage the community? Do you do anything specific to make sure it's running smoothly? Um, well I guess that's the question for me as I am the community manager, um, I don't know, really. I think we attracted the right group of people that are very chill, very wholesome, very welcoming to everybody.So it's been pretty chill. We have moderators, but I don't think they have to do a lot of banning or warning people and stuff like that. I've been in much worse communities outside of NFTs as well. And, uh, ours is just very, very wholesome. They're welcoming, really love that. Are you guys both active on there?Yeah. Every day. Yeah. We basically live on discord. Yeah. Yeah. It's tough on like, there's so much FOMO. You leave for like an hour. You have to catch up on all these messages. And is there a favorite room in the discord that you guys like to be in? For me, basically the team chat, because that's where the goodies are, right?Yeah. Yeah. We actually launched something, uh, recently, uh, which is called the fan gout where we host game nights and such, uh, Heartland sparks. One of our mods has been taking care of it and it's actually a fun place to hang out. Like we have terrific games. We have, uh, what was the first one? Uh, we had a night of, uh, what was called the game helped me drinking, uh, party books, Jack party, Jack books, Jack Jack box.So we have, uh, that's, that's also a way to keep the community engaged. That's something we really focus on. So the hangout is also a cool place. So me and Chris are going to have to join you guys on the next game night there. Yeah, that sounds like fun. I feel like we did that here at Benzinga one time, the, the Jac games, um, the different mini games.So, uh, that, that could definitely be a fun night. So absolutely one last question about discord for you guys. So we have seen a lot of discourse get hacked. You know, they're posting these spam links, uh, anything that you guys are doing and take precaution with this and anything that you recommend to the community to just, you know, kind of as a guide, to not fall for these things.Um, I've been community managing on this good for a six or seven years now. And I've recently actually posted a thread about this because I've seen so many surfers getting a hack and a scam. Like you said, if people lose a lot of money, um, I think it's a lot of teams may be new to discord. I don't know, to like the intricate details or the useful tips you can add to your server.And basically it's all my trout. That's been to my profile page view. If people want to win the, read that all true. I've linked some very useful things in there. Okay, awesome. Yeah. We'll make sure to check that out because now more than ever, it's more important for all of these things to take precaution, you know?Perfect. Yeah. And for anyone out there watching, if you're watching us on YouTube right now, you can follow pock on Junichi on Twitter. Those are in the description of this video below. Um, so make sure you check those out as well. Um, we do have some questions here from the chat, um, which is something we always like to do here on the show.Um, we got a question from, uh, Quito, how did they meet David Horvitz and get him to do a one of one Fang stir David Horvath? Of course, uh, ugly Dallas founder. Uh, I believe, and I know ugly Dallas from having kids and they did that movie a couple of years ago. So, uh, tell us a little bit about how that came to be.Uh, well, actually it's, uh, it's a pretty straightforward, uh, they, they be joined or discord and both a bunch of factors and started sharing them. And we were astonished by it because I've been following David's work for quite a while, as you, as you've been Chris. Uh, and, and actually we reached out to him.It was the coolest dudes and just agreed to do it, like, just like that. So he is, he was a collector before he was collabing with us. So that's, that's, that's the best thing, I guess. So, and then the process was, was pretty straight forward. I'm sorry. He just picked one of his characters and it turned it into a fencer.Like we didn't have to do much because it was his style and it was a perfect match for our colors and our, our, our theme. So it was pretty straight. That's awesome. Um, so we have another question from the chat here. This one is from third. I, Juan, he's asking, do you guys do this full time? And if so, what is your daily routine?Um, yeah, I do this full time. Uh, I know PACA doesn't, but, uh, I recently, after we launched and we sold out, I made the choice to quit university and quit my part-time designer job. Uh, as I w I always wanted to go full-time NFD ever since I got into this space, because it's just so welcoming a super cool as you, as an artist, you can create so much and have such a big audience.So I decided to bite the bullet and quit uni and quit my job and go full-time fan game. I do. I actually do a lot of juggling between my day job and thinking I'm 24 7 on this cord, but luckily my job allows me to, to balance things. So, uh, I can do my day job and still be fully committed to, to thinking.So me and June, she worked perfectly, uh, with this, with this schedule. So not a lot of sleep hog guys. Yeah. Not, not really. Yeah. I feel like that was something we talked about in one of our other interviews of like, do you ever feel the need to, you know, take, take a break, maybe take a day off from the, the discord, um, you know, maybe, uh, a mental break.Is that something you guys ever do or think about, or is this just, you know, 24, 7, uh, all in no breaks. Um, I do think about it. Uh, I rarely do it though. Um, but sometimes, you know, on a Sunday you sleep in a little and, well, I mean, this is just fun. It doesn't feel like work or anything. So I do check this every day, but I don't, sometimes I take one day off or something like that.Yeah. Yeah. It's very important. Yep. Very important. Packa. How about, how about you juggling a, you know, two things right now? Um, you know, how, how do you take some mental breaks? Yeah, I probably need to take more of those. Uh, but uh, I tried to, as June, she said, I tried to enjoy a bit of the weekend, even though I'm always checking discord and Twitter, but, uh, I think I'm going to need a break, like after we release new thanks city and the March, probably some days off, but I know I won't be able to, to, to log off and, and skip on discord, but still, uh, probably less hands-on and more, uh, enjoying.I guess I have a question for you guys. I'm curious to hear your guys' thoughts on the current NFT markets. You know, since we have seen, you know, gas go up volume kind of slowed down a little bit. Uh, what are your guys' thoughts on the market right now? Let's start with you PACA. Uh, well, I think, uh, market is going through a slow days and we've noticed that on, on thinking.Uh, I don't, I honestly don't know if this is just a phase or if NFTs are starting to, to, to enter the real bear market, because so far we had like one or two weeks bear markets and then things start to spike up again. But, uh, all I know is if we keep on building communities and, and, uh, keep on working daily for those reasons, Those are the projects that will stand the test of time, you know?So we, we gotta build when things are down. So we really enjoy when things are back up. So that's, that's at least my, my way of seeing things. And that's why we haven't stopped ever since we started, uh, I don't know where, I mean, I don't know if this is, this is changing anytime soon. I hope so because I've been seeing a lot of reds on every three Twitter threads, like.Uh, but uh, people are still around. So I think that's, that's one of the things that matters the most and, and you see new people, uh, buying their first NFD every day. So I think that's, that's a bullish sign and then Christmas is coming and I, I truly believe that the NFTs are going to be these year's Christmas gifts.So who knows. Yeah. Um, I'm looking for some gifts for the family and I'm definitely gonna give NSC. I hope I get some as gifts this Christmas too. So if my family's out there watching, I'll take some out of teas for Christmas. All right. We got another question here in the chat. Uh, this one, uh, along the same, you know, broad NFT lines, a question from Brenda, um, are they into other types of NFTs, like NBA, top shot or music?Um, you know, we, we asked about your early days in NFTs and now that fan gangs going, I know you're busy guys, but you know, are there NFTs that you guys, uh, you know, collect, uh, you know, currently. Um, yeah, like you said, we're, we're busy and I was a died down definitely a little bit, but I'm still degenerate.So I still browse open, see all the time looking for new stuff, but also still supporting my friends who we came up with, uh, from back in March, uh, people like crypto pers, uh, Marco, uh, those are still grinding every single day and they put out dope stuff. So I still check those out and sometimes buy one of them.Uh, so yeah, definitely still collecting pocket. Yeah. About a top shot and music. Uh, well mainly tough shots. I was never, uh, much into it because first of all, we're in European. So, uh, basketball is not as huge as there over here. Uh, but, uh, I, I mostly collect, uh, the same stuff as June. She said, I, I do. Well, some 10 Ks.I do. Someone wants, uh, I actually liked music, but I haven't found anything that, uh, really, uh, pushed me to it. Uh, like nothing NFD related that, that, that I think was it, uh, I think we still have a long way there. Uh, I've I've played for, for over 10 years. So music is something that interests me. Uh, but I'm yet to find a proper, uh, NFT, uh, about it.I guess. I, I mean, there there's, there's good stuff. Uh, but nothing that has really spoken to me.Awesome. And one more, uh, you know, just broad question here. Um, you know, uh, another topic we've hit on a lot with this show is obviously a lot of people know the current NFT marketplaces, you know, open, see super rare, rare bull and others. We have this elephant in the room of Coinbase launching an NFT marketplace.Uh, what are your thoughts? You know, how big of a deal is this for the NFT market for Coinbase getting involved and have you guys, uh, you know, talk to a Coinbase at all about maybe, uh, getting fan gang on there? Um, yeah, we definitely want to, uh, because obviously it's a, it's a huge step. Uh, and I think it's about time to open C has got some real competition.I think it's very healthy for the market over. Um, so I think that's very good how they develop it and how it all, uh, works out. That's yet to be seen of course, but it's a very promising, uh, company to be behind an empty marketplace. I get, I think, and if anyone's in the chat or anyone out there has any connections to Coinbase, please link us up because we've been reaching out, we've been shooting emails left and right.But so far to know, I feel sadly, soawesome. Well, June she and PACA, you know, thank you guys so much for joining us on the roadmap today and also shout out to the fan gang community, joining the chat. Um, you know, we want to thank you both for taking time out of what we know is your busy days. And we look forward to following the progress of fan gang along the way.Awesome. Thank you guys. We'll talk to you soon. See ya. All right. May I ask, I mean, another great interview here on the roadmap, right? Which when we started this show, right. You know, the big things where it provides some education, talk about some upcoming projects and interview these great teams. Right.And we get that behind the scenes. Look, that's what I really like. Right. Is hearing. I mean, where else are you going to hear it? What their high scores are on this game, or, you know, how much time they spend in the discord, you know, and their favorite traits. I always love getting that. And, you know, hearing what the artist thinks, you know, are their favorite traits.What do you think mass? Yeah, one of my favorite things about these interviews is watching the chat. Now, seeing, you know, all these guys from the community, come on here and just ask questions or provide feedback. You know, I get a good sense of the community from this chat. So it's really cool to see that.And if you guys enjoy this again, make sure to leave a thumbs up subscribe. We're trying to, you know, really push this as NFC is expand. So yeah, you know, I'm glad it was a great interview, great team. And I look forward to seeing where they're at in a couple months or following up with them in the future.Definitely. And I mean, that's an exciting roadmap, right? To hear about Fang city, to hear about merge and, you know, there's this new artwork coming and also those, those, uh, costume contest, right. The Halloween one, and we got a Christmas one coming up. Um, so definitely excited. Mass before we get to the headlines, I'm seeing a, a, it looks like we got a shout out in the chat there and a tip.So, uh, thank you, mark, for your super chat contribution. And the comment is, let me go ahead and pull this up on the screen. The comment is the floor for pudgy penguins is 1.2. Ethan robotics is 0.3 for any reason not to buy at these prices. Thanks guys. Uh, mark, thanks again for the shout-out here. Um, again, not financial advice.Uh, you know, I was a former holder of robotics. Um, I do not have my Roboto any more. They just did the. Airdrop of the pet. Um, you know, and the price has come down since then. I love this artwork though. We had the team on, and this is one that I'm looking to get back in. I love the ones that have the animal is, you know, on the head.Those are my favorite ones, but 0.3, four. Um, you know, I think maybe we dip a little bit more, but you know, I sold mine at 1.5 east. So, uh, it definitely was up there and pudgy penguins, I've never been in a, you know, I missed the run on that. Um, so I can't really speak to that. Maths. What do you think of a pudgy penguins and robots here at these levels?Yeah, so great question, mark. Um, you know, not financial advice, but I think now, you know, We're kind of past that flipping phase right now, since we're kind of in a, we've slowed down a bit. So what I've focused more on is look at the community, right. And we've had the robotics team, you know, they're all docs, they're a great community there at New York, uh, you know, and the events, um, are they a great long-term hold?Absolutely. In my opinion, I think they are so kind of, I think price is a lagging indicator right now. You know, floors are thin. There's not a lot of volume. I think these will pick up over time, you know, in a year or so. Can you see this as your profile picture and not worried if it dips? Absolutely same with budgie penguins.I mean, I see them both on Twitter all the time. A lot of people use them as their profile pictures. Um, so, you know, that's the biggest thing. Can you, do you, would you hold on to this for a while? Is the community strong? Do you see the roadmap? These things matter now? A little more so than ever before in the last couple months I would say so in my opinion, I would definitely buy at these prices.They look good. They may go down even more, a bit who knows, but, um, yeah, I mean, I like that. Definitely great insight there, math, uh, you know, I always love the call-out right. That you, you see these as profile pictures, right. And that is true with penguins and robotics and the communities are huge. You know, uh, we talked about that on a past show.Robotics was that, you know, Um, and did some events there. Uh, Pablo is an amazing artist, right? Uh, shout out to Pablo. We had him on the show and they also do random airdrops different times. Um, you know, of just some of his artwork to, you know, give back. And I think, uh, after pets they've got more coming.So, uh, I could definitely see some, some longterm value there. So again, not financial advice, but that's our thoughts on the overall price right now, again, mark, you know, thanks for the shout out there in the chat. Um, and again, guys drop your questions in the chat. If you have them, we'll try to get to some let's turn to some, uh, news and headlines.Um, you know, there, there's not a ton of new stuff out there, mass, uh, but one of the big headlines I saw, you know, I, I occasionally watch, uh, late night television and I have watched Jimmy Fallon for awhile and he had people on last night. Right. So we got to hear all about NFTs, right? With people's latest, say.And one of the things that was revealed during the interview was that Jimmy Fallon is now a board ape yacht club owner. So he said that he partnered with moon paid during the interview. And, uh, we're not sure if moon pay, you know, a, it was a sponsor at all, or if they just got that shout out from Jimmy Fallon.Um, but so now I'm seeing on Twitter that based on it being through moon pay, it is most likely board ape number 5, 9, 9. If we can get that picture up here in a minute. Uh, so it is a six tray cream for eight. So 6% tray of cream for has a sea captain's hat, 3%. Uh, Navy Stripe, T3 percent and heart sunglasses, 4%.Uh, this was purchased for 46.6 east or around $216,000 on November 8th by moon pay and then was transferred to an open sea account that had just been set up this month. So again, that's the one that they think that Jimmy Fallon got, it has not been confirmed. And also in that regards mass, Jimmy Fallon has not changed his profile picture to the ape yet.So a great shout out on TV, but a well, he changed his Twitter picture, uh, to this APM. Yeah, that's a great point. You know, I have a feeling he doesn't fully understand it yet. It was just from, just from hearing him talk there. I feel like he just, how he described boom pay and how it worked. Hopefully it does.And yeah, I mean, it would make a cool profile picture, you know, I'm sure the board answer glad that Jimmy is onboard. So that's awesome. Yeah. I'm curious, you don't mask. That's a great point. I'm curious to hear what the community thinks because you know, not too long ago, we were talking about a rumor of, you know, Kylie Jenner wanting to get a board ape.Right. And a lot of people, you know, kind of shunned her, right. And now will Jimmy Fallon be welcomed, you know, with open arms and again, I mean, Jimmy Fallon, he's, he's a decent size name, right? He has a late night talk show that airs every night and mass where I get excited about this. It's not just for the eight community, but let's picture.You know, Jimmy Fallon doing an interview in the future with, you know, Steph Curry or shack or Reese Witherspoon, people who have they own NFTs. What are the ads now that Fallon's going to talk about NFTs with them, you know, during the interview, like, I feel like that's pretty exciting to think, Hey, there could be more NFT talk during, you know, a late talk show.What do you think? Yeah, I mean, I'm sure we should probably, I wouldn't be surprised if we see that I should say in the next, I would say year or two. Yeah, absolutely. We're starting to see some of those conversations happen on Twitter between celebs and between, you know, celebs and ape owners. So yeah, that'd be really cool.Yeah. Definitely. Um, so let's talk a little bit about, so cool cats teased today. They tease their pets, right? So we'll pull up a picture right now. We'll show you guys what the pets are looking like, but I'm more interested in talking about the roadmap, right? So we're kind of at a point now where a lot of projects, you know, like the apes, the cool cats, these blue chips, they're building this economy around their original 10 K profile pictures, right?So they're building, you know, utility, they're building a different, you know, you know, cartoons and pictures, and they're creating this big, you know, universe of, you know, the original 10 K. So I'm so curious to see how this evolves over the next year, right? When people come into the, you know, out of T we'll do the buy these pets as it may do, they make it a profile picture, does the cool cat universe sport, ape universe expand, you know, to all of these different things.And, you know, seeing this come to life, Cool to see. So I'm excited for that. Yeah. I mean, that artwork is looking sweet, man, uh, you know, for the pet. So, uh, this, this is pretty exciting and, you know, uh, I definitely agree, right. The roadmap is looking good. Um, for cool cats. I mean, this has been a blue chip for a while, and I know that you're in this project.Um, you know, do you think, you know, this, this has got that, that wonderful lasting touch of being, you know, one of the top blue chips. Cause right now, I mean, it's, it's a top five projects, top 10, I would say all time. Right. You know, for me, I don't look at the floor with this at all, you know, I can go up or down and I really don't care unless I'm trying to buy another one.Uh, so to me that's always a good sign personally, you know, I just liked the project. Um, I liked the community and again, the roadmap we're so early man, and all these projects are building and there's only 10,000 pieces. Right. So when let's say a hundred thousand Coinbase has what, 2 million people on the, on the way.So 2.5 million now 2.5 million, right? How many of those are going to want a cool cat? Yeah, that's a great 10,000 cats. You know, you can't, they start becoming unattainable at a certain point, but that's where the other, you know, that's where the cool cats universe comes to life, which is more bullish for these original pieces are the way I see it.So I still think it's too early to call it. You know, it's too early to say, it's going to go to the moon. It's too early to say it's going to crash. You know, we're just kind of in that in-between phase the way I see it. Definitely. Well, so math, we just talked about a robotic is doing a, a pet, uh, you know, uh, airdrop.We got cool cats doing pets. I saw another project that's launching a free pat mint. Um, this is bubblegum kids, which I think I talked about on the show, um, you know, a month or two ago. So this was one that I actually mentored. I have sold out of it, but I have seen some people on Twitter that I follow in the stock community using bubble gum kids as their profile picture.So this isn't an inexpensive one, right? I think the floor is like 0.03. And they now said that they are doing bubble gum up. Uh, so, you know, along that same lines of, uh, you know, uh, Coinbase, right, and new people getting into NFTs, I'm wondering if some of these projects can, you know, gain some traction, right.With seeing people have them as their profile picture and also having that cheaper price point. Right. Cause again, not that floors matter long-term but I think your initial people that get in that are new to the space, you're going to see some of these cheaper projects be, you know, good entry points and bubblegum kids.I like what they've done. They did some honorary ones too. Um, Steph Curry, they made one for him, Andre Iguodala, another NBA player. They also made one for Reese Witherspoon. I don't think she has it. Um, so they're kind of going that approach too, to get celebrities. And, but again, doing there's that puppy there, I mean, I actually kinda liked this, uh, you know, the artwork on it.So, and I have seen the bubblegum kids, you know, uh, and they're a little bit unique, right. That they have the, the bubble gum. Uh, what do you think maths, do you know this project at all? I don't know this project, but you know, you made a good point where when new people come into the NFT worlds, uh, you know, what are they gonna buy first?Right. So that's always interesting to see, and I guess we'll, we'll find out, but to have projects starting to prepare for that would be cool. So, yeah, definitely. Um, so Chris, we talked on, we talked, was it yesterday or talked to any of this? You know, it seems so long ago. It was just, I can't tell my base.Yeah. So the super rare board apes, uh, they're out for auction. There's actually two of them. We showed one yesterday, but I want to show this one today. This one. Dude, absolutely a banger. Um, and let's, they're both up for auction. And I think one of them has, is up for 13 Yves and the other one's for 16. Oh my goodness.Look at that. Rolling stone cover through that is so my goodness. And that's the roadmap as the backdrop. So that's, I mean, that is sick right there. Yeah. I love that. And what did, how we got to look at the price here? What are we at for let's look at the top bid for this is 16, 8, 16 Eve on the mutant. So, and I think that's actually higher.What is the, the banana board eight cover? I mean, I call it the banana cause we got the bananas floating around in the background. 14 east, uh, 14. Yeah, that mutant one. I hadn't even seen until today, mass. I completely missed that. Um, and these end, I think it is at four day. Four days. So, uh, what do you think Chris, over under 28th for both of these?Oh, you know what? I almost feel like it's gonna split. I kind of think the mute, no, get to 20. And I feel like the regular one I'll call it. I'll call it 1720 and 17. I'll call. Um, I think, I think they both break 20 considering. Yeah. I think they both got 20 days left, so these are sick, dude. I think. Yeah.Whatever ones. I'm not sure what the other one of ones have gone for, but if floor price is what like 38th right now for a board ape. I don't know. I think it breaks 20. Uh, I'm curious to hear from the chat though, which one would you guys pick? The mutant one or the regular one? Because they're both cool.So, oh yeah. 32 eighth floor. Yeah. Great question mass. So yeah, let us know right now, type in the chat. Would you rather have the board ape or the mute and ape? Um, you know, uh, just solely based on the image, not based on the price, if you had to pick one, which would you rather own mass? I, I think I got go mute here.Right? Uh, you know, that, that artwork, uh, it's dripping off the face, the roadmap in the background, which one would you rather have. I mean, the other one is cleaner though. It's just simpler and, and this one has a lot going on through their votes. Sick man. I want both of them. Let me just get both you going to play some bids right here on the show.We're going to hear it here. All right. We're starting to get some votes and we got two votes for Mueller right now. No surprise. Um, let's keep those votes comment. Oh, I mean the OJI, right? It's clean. It's clean. Oh, another vote for boards. So, I mean, we're, we're seeing it split right now. Mass. Are you surprised by this vote?They're both sick, man. So yeah, it's kind of like picking, it's kind of like picking, oh man. I think if I had to pick one probably original because looking at it now. Oh gee. But I don't know. I want this one too. They're both sick, man. So we'll, we'll update the chat when this thing is go for final sale.Cause these should probably, I think they'll. Yeah. And I mean, mass, I think if you're, if you're rolling stone and also if you're other Meg, I mean, where are the other magazines that right time magazine partnered with cool cats. Now you got rolling stone partnering with board Abe. I mean, if you're a magazine, I mean, you're watching the show right now.Stop watching. You should be on the phone. Right. You should be connecting with these NFT projects because look at this, I mean, you can get people to your space, right? You can bring new people to your magazine and you can also make some money and, you know, these just, they look so cool. And I mean, again, one of one, so, you know, mass, you just said that was cool cats, right?10,000, you know, there's only 10,000. Well, now you've got something like this, there's only one, right? Like, and you can say you own the one of one, I mean, what a flex. That is two. So, uh, another vote here for mute due to the detail, again, that roadmap behind, I mean, the parrots constantly moving to. There's just so much going on in these covers, dude.If I had this, I put it in my house and I'd have, I'd find a way to display it. Just like this all day, every day, all day people over just invite people to be like, Hey, come look at this. Got yeah. Oh man. That's awesome. So ends in four days. So we'll be able to talk about that final price next week on the show.And again, I said 20 for the mutant 17 for the board ape and mass said both we'll hit 180, so we will see, um, you know, what the final price is. Our, you know, we were pretty close with our guests is on the Southerby's board, ape auction, mass. Remember that, uh, you know, we. Um, so, you know, again, uh, just a, an educated guests here.Um, but we will see, well, we have a couple minutes left, so anyone, you know, watching this live, and again, if you're not watching this live or you're listening on the podcast, you know, that's great too. We're happy to have you as part of the. If you're watching live right now, though, uh, you know, let us know, what are you watching?Um, drop it in the chat. Are there any upcoming minster you're looking at any recent NFT purchases that you had? I do see a comment from mark in the chat there talking about the Viveve star wars drop, um, which I believe is at three o'clock today, mass. I wrote about this a week or two ago, and I, I forgot.I haven't even looked at these. Right. So Disney partnered with Vive to do star wars, Marvel and Disney related, um, NFTs. And they're they're collectibles. Right. And you have them in the Vive app then, you know, I saw, I think like a gold Bart Simpson skateboard. All right. Cause Disney now owns a Simpsons. I saw, um, you know, some Marvel ones as well.Have you looked at the Vive and FTC? No, I have not, but I think we'll pull them up right here. So we can all look at the ass C3, POC, like, look at that, like again, Disney, I mean, one of the biggest media companies in the world getting into NFTs and look at this, I mean, what a way to monetize your intellectual property, the golden moments and Ft collection with the, um, the, this is pretty sweet.Um, I might have to take a look at these because mass, if I remember right, I think you, it's kinda like a, uh, you know, like a normal NFT where you're just, you're, you're buying it and you don't know what you got until you open your pack. I think I, I feel like it's similar to top shot where, you know, you open it then, and it's an instant reveal, but, uh, I think that'd be wrong with that too.So, but that's pretty exciting too. I mean, I've got kids who love. Getting blind bags, right. Where you don't know what you're going to get until you open it. And that's kind of the thrill of NFTs too. I mean, there, you got Homer choking bar. Uh, there's just so many great ones in this collection. So walk us through this, Chris.So you pay, I'm assuming with cash or us dollar credit cards, us dollar through the Vive app. So that's a great point. Matt is another thing where, you know, maybe people new to the NFT. Get in through something like this, you know, top shop, we saw that, right? Cause they have the flow blockchain where you could, you could use a credit card.I mean, my first top shots I ever bought, you know, I was using a debit card to buy those packs. I didn't have to get a theory. Um, um, you know, to make that transaction. So here you have. Yeah. Homer and Bart. Um, yeah, so I mean, and addition, so yet, uh, 12,333. So I mean, that's still not a crazy supply. I actually thought there was going to be more of these.And that was the one thing that scared me away a little bit was like that inflated supply, but I mean, I've watched the Funko NFTs constantly sell out mass and I think Disney is going to sell all these out. So, is there a resell market for this? Or how does this work or do what, who do you think they're attracting just collectors from star wars that are going to come into this NMT?Are they attracting current NFTE people or is it a mix of both? Yeah, so I think they're going after new people and collectors. Um, and I think the resale market is right there on the Vive app. I see a comment from lane in the chat though, saying from what I understand, you still can't cash out Vive.That's an interesting comment. Um, that's something we've seen with newer apps before, right. And I think tap shot actually had that complaint for a while where you could bypass, you could buy moments, but you couldn't cash your money out for a while. Um, you know, cause again, just working out the, the processes and stuff.So if that's true, I mean that could scare some people away as well. But um, I mean, mass being able to use U S D don't you think that just brings, you know, new people to the. Yeah, I do. I, I'm curious to see kind of like meaning when we bring people on most of the time we ask them how they got into this world, they say top shot.Right. So, uh, absolutely. You know, absolutely. I'm curious to see I'm more, cause I didn't get in through top shot. I just got in through like straight Eve. So I'm curious to see how that works because like you said, yeah, it's going to bring a lot of, I'm sure a lot of Disney collectors to buy their first NFT and you know yeah.I think it's great on looking back. So in one minute, mass, if that is true, we got a loyal, loyal fan, Mexican Crip. Shout out to you. I see that name all the time in the chat. So shout out to you for joining us saying that that Vive drop is sold out mass. What are we doing? Doing the show live right now? We could have been buying some, uh, some Disney NFTs.So, uh, I, I mean, you said it that's bullish, right? If they're selling these out. I mean, and also, you know, so Disney, Hasbro, Mattel, all these companies getting in again, I just said it with the magazine companies, right? If you have not thought about getting into NFTs, what are you doing? Like, why are you not exploring how you can do it?I mean, McDonald's even right. The McRib NFT, um, you know, isn't this just an extremely bullish sign for these companies. Yeah. I mean, seeing them come onto this world is it's, it's, it's exciting. I'm curious to see how they implement it though, but yeah. Seeing a star wars side in a minute, it's pretty crazy.I want to look, is it mostly bots or how the process works? I'm going to do some research because I'm not sure we're going to, we're going to have to research that and see, and we'll have to try to get some, cause I mean, I, I'm a star wars fan. I'm a Marvel fan. Um, you know, so I wouldn't mind owning some just to collect them.Right. But I'm, I'm curious about the resell market to, you know, also there was the draft Kings NFTs, right. I was able to buy some of those and you were able to use your existing balance, right? So you couldn't just use a credit card on the spot. You had to have money in your draft Kings account, but you could just pay with that money to buy the.T. And I think that brought some new people to the space too, and those sold out, but they used to align process like top shot dead. Right? Where and Mexican Crip now saying it's mostly bots. Uh, you know, that would be the thing I would worry about. Yeah. Is, you know, if it's an instant sale and not align process, you're going to see a lot of bots get in there.Yeah, exactly. Yeah, man, these are all bullish. Just finding easier ways for people to get into that. If two worlds is exciting, I can't wait for Coinbase and see how that's going to work. If you're going to be able to use U S dollar from your Coinbase to buy NFTs. I mean, dude, that's gonna be huge. So yeah, I mean, mass with that being said, there was a rumor not too long ago, um, that open C uh, there, someone found in the code, I think visa, right.That you would be able to use a credit card. And we talked about that on the show. I know we did, uh, of how, you know, potentially that could make it easier for people to buy, but also could be scary, right. If you could. Use a credit card and start buying all this stuff. Um, you know, you think that brings more people too.And also with that being said, if, if open CCS competition coming from Coinbase could add in credit card payments, if open, see like announced that the same time Coinbase goes live, would that be like the ultimate way of, you know, trying to connect. Yeah. I mean, so there's been a lot of negative feedback for open C lately.You know, they've made a lot of money and they're not the best at customer service. So there's opportunity for another big player to come in and take over. I think that's definitely a possibility. Um, I love the competition. I think it's going to create the best product for the consumers and make it easier for people to come on.So, so game on baby. Yeah, and that's what we want to see. Right. We want it to be easier for the everyday person to be able to, you know, buy and sell NFTs. And I mean, you heard Fang gang say right. That, uh, you know, Coinbase, they welcomed the competition to open. See, so, uh, you know, I'm looking forward to Coinbase and again, you know, the, these different platforms like Vive partnering with Disney, I just think we're going to see more and more pop up and more and more ways for people to get involved with NFTs mass.I think that's going to do it. Uh, you know, it's been a great week. Uh, we'll be back next week, right? Tuesday, Wednesday, Thursday, 2:00 PM. Eastern time. Uh, we've got some interviews, we'll be covering all the latest headlines and of course, interacting with our wonderful community here in the chat. Uh, anything you want to leave us off with today?No. The only thing is we're still early, right? We are in a slow process of NFTs right now. But once these things pick up, man, I hope everyone watching is ready because it's going to be fun. All right. May I ask, do you see this comment right now from mark? I've got a secret spider for $7, a foot for tough.Oh my goodness. We have got to look into, to even find out what this is all about, man. So next week we might have to do a whole segment on Vive. Maybe we take a look at that, but mark, that is awesome. Wonderful to hear happy for you. Um, and again, thanks to everyone in our chat for joining us today. And if you were watching this after we aired live, leave a comment on the video.Madison, I always go back. We read the comments. So just because you're not watching live does not mean you are not a loyal member of our community. We love everyone out there. So we will see you all next week.Support this podcast at — https://redcircle.com/the-roadmap/donations
Beta Finance is building a permissionless protocol for people to easily short overheated tokens. Incubated by Alpha and Binance Launchpad, Beta recently garnered a lot of attention by allowing users to short NFD, a fractionalized NFT of a doge painting. I'm joined by founder Allen (@handle) to talk about The importance of shorting in DeFi How Beta works vs. Rari Fuse, Sushi's Kashi and other protocols Miner-extractable value in shorting onchain Host: mrjasonchoi. Not financial advice. Disclaimer: Spartan Capital is an investor in Beta Finance and holds Beta tokens. ------------ Sponsors ------------- PARASWAP is the best place to trade your tokens and get the best price in DeFi today. Get started on paraswap.io/blockcrunch NOTIONAL: Borrow & lend at fixed rates for up to 1 year, or contribute liquidity to earn interest, fees, & NOTE token incentives with notional.finance HEDERA HASHGRAPH: Fund your project quickly and easily with the HBAR Foundation. Apply for a grant and be put on the fast track to success at https://www.hbarfoundation.org/apply ------------ Disclosures ------------- Disclaimer: Jason Choi is a General Partner at Spartan Capital, a subsidiary of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries
How To Buy NFTs What is a Non-Fungible Token NFT How To Make Your Own NFT Best NFT InvestmentsEpisode SummaryJoining us today, Mig, artist for SVS, Bored Ape Yacht Club, & Hall of Fame Goat Lodge. and Woof!Follow SVS on Twitter:Mig: https://twitter.com/notthetechguySVS: https://twitter.com/SVSNFTThe Sneaky Vampire Syndicate consists of 8,888 Vampires living their best life in The Lair - away from any burning sunlight or pesky Vampire Hunters.https://opensea.io/collection/sneaky-vampire-syndicateHosts:Chris KatjeMazhttps://bitclout.com/u/mazFollow The Roadmap on Twitter!Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Unedited Transcript:Hey everyone. Welcome to the roadmap. Benzing. As new NFT show, we've had some great teams already interviewed in past episodes.The teams behind pixel vault, art blocks, the Vogel collective robots, that dose pound only force crypto dads, dizzy dragons, sub doc, and more. We've also done an NFT giveaway. Stay tuned for future NFT giveaways coming soon. We've got a great show today. Sneaky vampire syndicate joins us to talk about their project and what's ahead.This is the road. Hey guys. Yeah. As you heard me say, the roadmap Benzing as new NFT show, uh, airing Tuesdays, Wednesdays, Thursdays 2:00 PM. Eastern time. We've had some amazing interviews with some big teams and we have another one coming today. Let me bring on my cohost mass mass. It's been a long time, but it's great to see.What's up Chris we're back, man. It's been forever. It's been forever. It has no shows last week, but the big news, of course, we're expanding. We've got three shows this week, Tuesday, Wednesday, Thursday. Um, so we've got some big interviews this week and I mean, man, we we've talked to some great teams, some projects with some big followings.And of course today we have SVS on and they have a huge community, right? I mean, we're talking, uh, 45,000 followers on Twitter, over 38,000 in their discord. Uh, you know, looking forward to, to SBS today as. Exactly. Yeah. I'm a big fan of the project. I know we talked about it. We mentioned it before they meant it out.Um, you know, how big the project could be. So it's great to see it come along in the last couple of weeks or so. Um, but yeah, man, I'm excited for this interview. I'm excited to be back. Let's get empties back and running. Yeah, definitely. I mean, this, this is a big one to talk about, but yeah, we have seen NFTs pull back a little bit, which we'll get into later with our news and headlines.Also. I do see a comment in the chat from Randall about my mic. Thank you. I did just fix it. So I, it should sound better. I switched over to the right mix, so we should be good to go. Uh, before we bring on a team from SVS, I know let's bring on the team. So joining us on the show today, we have Wolf the lead developer, and we have MIG the artists behind SPS and also an artist from boredom yacht club and hall of fame goes welcome to the show guys.What's going on, sir? Thanks for having us. Thank you for having us. It's a great, yeah, of course. I mean, what a cool project we've been talking about this one for a while, we talked about it with our Halloween NFT focused show once before, um, we got vampires now we got bats. So we got a lot to get into and of course get into, you know, what's ahead.Right? We're always looking forward to the roadmap after all. It is the name of our show. But before we get into SVS, just wondering, you know, if a Wolf and Meg, if you guys can give us, you know, your history in the NFT space prior to this project, I'll start with you Wolf. Well, personally, I, um, my introduction and thesis it's been a while actually, but I've never made my.But I've been involved in development of with like a software program and stuff like that too, for a decade now, um, crypto since 2014, but I, uh, I've always had this interest in salute in a decentralized programming because it's like this whole new, all new, um, experience because you have to make sure everything's secure.Everything can be exploited, stuff like that. So, yeah, I've been, um, I've been buying entities like, like for a while now, just, uh, messing around with them. And, uh, personally I think it's more than just art. Um, I've also developed a ticketing system, for example, with NFTs. Um, so I think, and if these can be just more than AR and that's something I really want to go.Perfect and MIG, you know, we know you as an artist for board ape yacht club and hall of fame goat. Can, can you tell us, you know, uh, what was your experience with NFTs before those projects and then talk about creating the art for those projects prior to SVS? Um, so prior to BC, I didn't even know what an NFC was.Um, I've been a freelance illustrator for most of my life. Uh, so almost 20 years now, but, um, yeah, I had no idea what an NFT was. I didn't know, uh, anything about crypto. Uh, so it was only after, um, Basey started really taking off that, uh, I delved into it and, um, started reading up on NFTs and, uh, yeah. You know, uh, it kind of boggles the mind, how quickly things, uh, develop in the NFD space.And, um, yeah, I guess, uh, so creating the artwork, uh it's uh, SVS is pretty much the first project, uh, worked on NFT project. I worked on where I had most, uh, the most control over what's being, uh, presented. Um, I mean the guys came up and I came to me with a list of traits and, uh, and they just, um, told me to do whatever I, you know, uh, just, uh, go wild.Uh, they really didn't want to, um, You know, just, uh, hold me back. They just wanted me to go crazy with my imagination and yeah. Sort of came up with, but with, uh, with goat lodge and, um, Basey, I was on the more direction there. So, uh, yeah. Awesome. So Wolf talk to us, you know, how did the idea of SVS come to be and you know, how were you able to bring a well-known artists like MIG onto the team?Yeah, so, um, initially the idea was to create an empty, uh, well, we didn't have the idea to create an empty, but, uh, the other team members are friends of mine for a couple of years already. And one of them introduced me to me and like the whole group. And then we, uh, cause we were thinking of making something crypto anywhere like a project.And we were, we like building like everyone in my. My friend group is like, they, there, they have already had jobs in different businesses, different niches, stuff like that. Like community management, um, of course development. We have, um, we have two developers and a UX designer, like a full blown team. Like we've known them for years already.And then we got introduced to me. Um, of course he's a great artist with a great track record. So we thought, oh, that that's a perfect combo with the team. We have to create something, something special and what makes it that he had full control over the creative aspect. That's something we really wanted to keep because we didn't want to limit his creative.For example. So, so that was one of our main key points to focus on to just give me every possibility he wants to. And then he gave us like a couple sketches in the beginning and we select the one we all like liked the most. And that's how we started. We see. Perfect. So, Meg, I mean, you touched on the, the artwork a little bit and, you know, having more control versus prior projects, you were on.Talk to us about, you know, the inspiration, the artwork here. Is this something that, you know, came to you immediately was that, you know, a trial and error process, um, how many different, uh, you know, uh, variations of the vampire did you come up with? Okay. Uh, I came up with about 12 different vampires that are presented to the team and, uh, eventually set along the one that you see now, but, uh, the inspiration for it, uh, I guess.Um, Bruce, Tim is a huge inspiration. Uh he's he's the guy who created, uh, the Batman animated series in the nineties. Um, so basically just a goofy looking vampire that you would, uh, that goes well with like a Saturday morning cartoon, uh, yeah. That something goofy, not too serious. And, uh, hopefully something that appeals to a lot of people love that.Um, so there was an SVS and eight, eight collab that launched on Monday for, you know, it at eight holders and SVS holders. Can you guys tell us a little bit more about that? You know, how the project came to be? And I know there's like a staking or burning mechanism behind it as well. Um, so yeah, a today is, um, we've been talking to him for a while and he's invested in our project.Uh, he also has a whole nerd. He's like a good friend of ours. So you can say, um, Yeah. So the PR the idea between the collaboration with eight and eight is that, uh, we've dropped in a unique piece of art by me. And it's basically, uh, the sort of vampire model we use for our, um, profile pictures, but then also with a little bit of eight, eight style with it.So he's like all about this magic stuff. Like, um, like there, the X stuff, like angels, like eight and eight, stuff like that. And then we dry, we basically made it so you can claim one of these per SVS, token, you hold and eight and eight Genesis token. And then we added a game fighting aspect where you basically, you can burn through them to go to next year and then there's rewards for the seven and eight.So, um, so that's the entire collaboration is basically reborn two communities together this way, because they have to work together to get the 120. Love that. And if you get the 128, what is the reward? I think it's a, one of one drawing, if I'm correct. Or can you tell us a little more, more about that and sort of rewards is you, um, you basically have white lists for next generation.Um, also you get access for the first aid to the top tier. I think it's that. And then you get access to the ADA Genesis group, like his inner circle group, where you get always, uh, collaborations. Like you can get them for free. And then also the one of one. Yeah, I think. And did we have some, yeah, I think that, was it the one of one, a white list and access to his gender Genesis inner circle.Yeah. So I'm in the 8, 8, 8, uh, discord. And I saw that a couple of people from the SVS, they collapse, they joined forces to be able to death the 128. So that's cool to see the community come together and, you know, yeah, definitely not something we want to do because community is one of our biggest, uh, key points.Love that. So Halloween just was over. So there was a contest derivative. Right. So can you guys tell us a little bit more about some of your favorite derivative derivatives that you saw of the SVS, uh, uh, drawings, um, made you pick those, right? Uh, yeah, I picked some of them. Uh, this one, we really love this one.Uh, I mean, most of the, um, most of the, uh, competitions we've had have been just drawings, but this was special because it was a 3d sculpture by one of our community members. And we really love the effort that she took to bring this life look great. And the one to the left, uh, it just, I, uh, as an artist, I can see how much time and effort he put into this.And he adds some new references yet. I think about 20 movie references in the. An actual picture. So it had to be in there. It had to be a winner for us. Yeah. That one's sick. Look at that. You got the little clown in the background. That's awesome. How does it feel to see, you know, a lot of, you know, the community drawing, you know, these pieces, uh, to you as an artist makes it's, uh, it's pretty mind blowing sometimes, uh, to think that people are doing all these derivatives of, uh, something I've created, uh, it D you know, always put a smile on my face, no matter how, how little effort went into it, or how much effort, uh, I get a kick out of it this year.That's awesome. Um, so we, I was looking and I saw that you can stake your vampires and then you get the blood token. Can you guys tell us a little bit more about blood token, the utility behind it and how it benefits the SBS. Yeah. So the bot token will be, um, purely used for you to like it's a it's in our ecosystem.Right? So, um, for example, in our next generation, we're going to introduce a breeding aspect. Well, we kind of call it breeding as that's the pros of putting two and two together and then getting something out of it, but it won't be exactly that. So blood will be heavily use there. Um, we'll have like an increasing cost whenever you breed with one, which is already brand, so we'll go up and like use it.And then we also plan to have more, uh, in real life collaborations with blood. So you get access to that item, meaning a physical item with blood. So we have, we have one collaboration running right now, which is in progress. Uh, it takes a while to actually produce, but that's, uh, we've partnered with, uh, One of the biggest champagne creators or like most famous ones, like really good at it and stuff.I am like skilled. Um, and we'll, we'll be giving access to that champagne through blood. So that's one of the things we want to provide. Um, well, it's, we're looking to do like merged for like bloods. You can get so emerged for free, if you could just use the butter into claim it, for example. That's awesome.So I can essentially exchange my blood token from staking to get wine or apparel. Yeah, for example. Yeah. We're looking to do more, uh, fiscal collaborations, right. Ready have some stuff lined up, which will be in the later months. That's okay. Yeah. I love that. That's awesome. Awesome. Well, you know, one of the things that recently launched was you guys also did the bats.So we have sneaky bat. This was a free mint for anyone who owned SVS, a Wolf, I'll start with you. You know, why was it important to do you know, a, a free meant here for holders of SDS? Well, I think we shouldn't charge any holder who is already bought an SVS or invested in the project. I think it's fair to do a free companion drop because that wasn't our roadmap always.And it's a great way to give everyone another rare or not. So rare Coleman piece of art. And it's just fun to do, right, man. Tons of fun. MIG, talk to us about the, the artwork here, right? So not only did you get to develop the vampire, but you also got to develop this bat. Um, walk us through the process here on, you know, this cool free companion drop.Um, I just wanted to create a sort of mini and or side kick for the vampire. Uh, yeah. I went through a few sketches to get it done, but, uh, I already knew in my mind that it was going to be a very, uh, like a mischievous kind of character, um, yeah, similar to, um, Dick dastardly and, uh, muddly, you know, um, Motley is this, this kind of, he's a sidekick to, uh, Dick dastardly, but he's, he's kind of mischievous on his own.He doesn't always. And he's got that constant loft and I wanted to bring that kind of, uh, that kind of spirit, uh, into the bat. So yeah, that's the origin for, I guess. Awesome. Love that. Yeah. The old Hanna-Barbera cartoon reference there. Uh, you know, I remember watching that as a kid, definitely in my kids now are getting into that.So love the reference there. Um, you know, we got into the roadmap a little bit, right? With the staking of the blood token, you know, there's also a call for a gen two breeding, uh, you know, a vampire hunt, a vampire meetup, uh, you know, with, uh, give us the background, you know, what can holders expect, uh, as part of the roadmap, uh, any timeline updates on gen two, maybe for us as well.So of course we're doing the gen two, a mint, which will be. I dunno because of the current state of the market, we don't want to bring in their collection so fast. So we might look to delay that if needed and then we'll just try and create as much value for the Genesis collection. Of course. So we're looking to do gen two, which will then come with breeding, which will be after that.Cause Meg has to draw the R we have to settle on, like while we're going to make as a result. Cause we don't want to do, uh, just a simple like baby vampire, stuff like that. So we want to do something cool. We can eventually do something with which makes, which makes for another grave roadmap item, for example.Um, so. And then we're going to do gen two companions as the same way as our Genesis companions. We're planning to do a in real life meetups. Once you're more established, like the board app yacht club one, that was really cool to see that come into action. Um, and then we're going to do some, uh, of course they're going to keep our community contests running the art derivatives.It's cool to see every what everyone does. And yeah, that's basically what we've planned right now. And obviously there's always stuff going around, which is not on the roadmap. So the champagne wasn't on the roadmap. We have that game in development, which was on the roadmap and yeah, there's more to come.Meg, walk us through, you know, the, the gen two development process and what this means for, for you as an artist to, you know, have to create more artwork. Oh, a whole nother series. Uh, well, I actually can't say much just yet. Uh, uh, right now we're just formulating a lot of ideas, uh, gathering, um, info on what traits we want to do.Uh, but, um, yeah, once, once I get going then perhaps the limo sneak peaks, but until then, I don't really want to say too much. I want to blow the surprise. That's perfect. Yeah. We always try to get stuff out, but we understand if we can't. So, uh, one of the things we, we do like to ask, and this can always be a tough question, right?Cause it's like a, you know, picking your favorite kid is we talk about favorite traits, right? So, uh, going to the vampires, you know, uh, Wolf, I'll start with you, uh, cause it, maybe it's easier for you than the artist himself, uh, share with us, you know, what are some of your favorite traits for the SVS? Uh, So I think my favorite, um, well I have my own, well, I think the shadow skin's one of the coolest we've done, uh, personally, even though it's not the most rare.And then I really liked the whole load glasses and the laser eyes, but, uh, this one doesn't have, you know, the whole low-class. I was one of the, one of the things where we had to move our generation process entirely because they wouldn't, uh, export properly. So now that I think that was like, uh, two days before we, um, revealed or drop the collection.Oh, nice. Oh yeah. I, yeah, those are cool. Yeah. Perfect. And MIG, I mean, this, I don't know if this is a tough question for you. I'm assuming it is. Uh, but any favorite traits to call out, uh, for, for SDS here? Um, uh, I think. Uh, it's really hard to pick. I mean, those glosses that I did big, uh, those triangular glasses, uh, were from an anime called, uh, grew in Lygon, um, and, uh, really like the character to use those glasses.And I love have, uh, being able to add that into SPS. Another cool one was that actually on, on the right there, the laser moth. Um, so one of our guys, uh, 2d van came up with some of the traits and one of them was a giant moth and, uh, so out of the giant moth. And then, um, I thought, you know, why not give it lasers too?And so I put it on there and it, and it workslove that. Um, so one thing I wanted to touch on was community. So I kind of wanted to paraphrase this really quick about your guys's launch. So when you guys launched, people were able to mint three vampires, um, you know, you guys wanted to keep it as organic as possible and have the distribution spread as possible from the beginning.Um, so immediately after you met your unique holder percentage was around 52%, right? So we've seen the community, you know, it's, it's, it's very spread out. There's not just big whales that own the project, you know, there's over 45, count Twitter, over 30 K on discord. Uh, how do you manage the community and what do you love about the community the most?Um, well, we have a bunch of people who actually like active all day in our discord chat, which is amazing to see because people. They've genuinely like they started talking to each other in the DMS actually. So it's great to see people connect with each other, um, community manage wise. We have a team of malts to keep the chat in like intact, like, but the there's not really that much like need to moderate all than like spamming, like invite links, stuff like that.Um, I think the community we have right now is actually really great. And it's one of our main, main success points I think, to have as engaging community. Absolutely. Uh, how active are both of you in the district? Well, personally, I've been really busy myself working on like everything around SVS, getting these partnerships and stuff.But, uh, so I haven't been around this much in this good lately, but I used to be very active, but Meg is around daily to talk to people in the joints, this voice chats. Every, we have a voice chat with, um, with one of our community members who is really good at investing, for example, in play through end games like strategies.And he does a talk every Tuesday to like talk about investment strategies and how it helping people out. So that's something really great, which just came from the community. And we really, uh, really like that because that's how the community is supposed to work. Like they build it, they build each other and help each other.Yeah. Um, if you'll notice in a lot of the, um, NFT projects in the, in the discord, uh, a lot of the time the artist doesn't really interact with the. Uh, community members, you know, and I find that really weird, uh, and it could be a sign of a rug pool who knows, but, uh, yeah, I, I, I don't want to be a person that you can never contact.You can never interact with. I'm just this presence that's there. I just did the artwork and that's it. I want to be a part of the community on a lo I love joking around with the people there love, hanging around, uh, listening to whatever they have to say. Um, and they really, the lifeblood of any project.Uh, it doesn't matter what we do. Um, doesn't matter how many collabs, uh, we bring, uh, how many, how much new utility we bring to the project. If you don't have a strong community, then, uh, it's. Exactly. I love hearing that, man, because I've been in a lot of discourse where the team comes on, just when they want to show stuff to this, to see you guys active day in and day out, embraces the community.And I know you do weekly AMS, which is super important, you know, I've been in cool cats, they do it every week and I see the community rile up from that. So I love to see that. Um, what do you guys think of the current discord hacks? You know, are you guys taking any precautions towards that? You know, we've seen a lot of that in the last week or so.Oh yeah. Uh, from day one we have, um, we've locked. Our are down basically. So, but these hacks. Uh, I feel like they just, uh, they bribe one of, uh, members with some special permission. So a lot of these discords, they forgot, forget, like, um, make it sell malts cannot give people certain roles or announce in these general, like admin channels, like announcements, for example, where it looks really official.Um, and they also forget to disable the create webhook permission, which allows you to send a message through a web hook through these channels as well. So from day one, we've basically locked everything down except for the admin admin members. And we've forced everyone with substantial permissions to enable to have a, so that way in case someone gets hacked by some sort of malware key logger, uh, unless they get bribe, but then they don't have permissions.They can't do anything which will harm the community. Lots of see it, man. Yeah, it's been crazy. Couple of weeks, man. I've seen so many, discords get hacked. It's been crazy. Yeah. Uh, the, these, uh, people getting really sophisticated with the way they work. Uh, we actually will. Some people actually attempted the same thing on me, uh, first by, uh, getting me banned from the Basey discord.Uh, and then, uh, they going to pretend that their staff from the, uh, basically discord and attempt to fix the situation. And, uh, they'll try to get you to go either click on something or, uh, go on a video call. And, uh, once you click on the video, you know, that's when you start getting fished or hacked or whatever.Uh, so just a reminder for everyone to stay vigilant and not click on anything, uh, always use a hardware wallet, uh, yeah, just be cautious. Yeah, the suspicious definitely great warning out there from you guys. It looks like people calling out, uh, Freddy, uh, XXX Al in the chat. Um, so I'm guessing that's a member of the discord as well.There. Uh, want to talk a little, uh, broadly here? Um, you know, you mentioned maybe delaying a gen two, depending on the state of the market. Uh, talk to us a little bit, you know, where do you see the NFT market headed? Right. We saw a huge demand. We saw this big wave and now we're starting to see a little bit of a pull back as you know, the theory and price goes up and the sheer volume of NFT projects increases.So, uh, we'll, I'll, I'll start with you just overall thoughts on the NFT. So I think, um, yeah, of course, what you've noticed that the theorem price is going up as soon, like severely affected like the volume traded at empties as well. Because, uh, if you look at the gas, like constant it's, I haven't seen it drop under a hundred gray in the past week, past two weeks, maybe.So it's really, you lose so much value by just purchasing any theory right now from the like total price. So it has massively like dropped the volume of sales as well, and people are trying to get out of course, because they want to write the w the way for the price increase because they think, oh, it's going to, let's say 10 grand.So they're trying to get out. And then that drops the four pies of maybe like, I think I've seen every project go down so far. But, yeah. So I think the current state of the market, you ever, probably going to see some more downside if it keeps going and Bitcoin, of course, but I think eventually it will settle down and people, uh, reinvest their money in, in NFS because right now a lot of like good projects are like on a discount, definitely.And MIG, any thoughts on the overall NFT market here? Uh, ever every project's flaw has taken a battering? Uh, yeah, like will said, uh, crypto is pumping right now. So, uh, and if these are down, but, uh, what, what you'll see is, um, the, the teams that are really dedicated to delivering on their roadmap and just continuing to push forward, those are the projects that will outlast them.Uh, there's a lot of projects that come out every day and it's sad to say, but, uh, you know, 95, 90 8% of them, aren't going to make it. That's just the way it is. Uh, you need a good strong team to, uh, to just weather the storm and keep going. And that's what we're going to do. Perfect. And, you know, uh, on that note, you know, you mentioned that there are some projects, you know, trading at a discount and some that, you know, maybe you're fans of.So we always like to ask, you know, towards the end of the interview, are there any, you know, NFTs that you own that you want to call out or projects that, you know, you really like, I'll start with you Wolf, um, you know, what NFT projects outside of SVS for you? Um, I don't really own that many other keys sleep is the one that I really like is Kinesis art.It's one of these generative, uh, well, like program the arts. So it's like a. I think it's like our book, but it's a little different because they're all animated and stuff. And another one is EPO name. It's a, I don't know if you heard about that one. It was this, um, project where you put in any worn, for example, and then AI generates an image.I think they used Google, like images, like the 10 search results and then merged them together by day AI. And the results of them are pretty crazy. So that's the two and a few porters. I am, uh, I have some of, and I look forward to seeing what they can do. Awesome. And then MIG, you know, as an artist, you mentioned you, you weren't into NFTs prior to, you know, doing the artwork.Uh, now that you're fully into the space, you know, are there other projects that you, uh, collect or anything you'd like to call out in terms of artwork? Um, Hm. I actually still don't collect many NFTs. I only had, uh, three NFTs that I've purchased. And, um, this week I, I gave them away because, uh, the sheer amount of people getting hacked and scammed, uh, really annoyed me.So, uh, I gave them away to, uh, people from our community just because why not? You know, uh, they lost everything. They, hopefully this little token will help get them back on their feet. Uh, so I don't have any, uh, I don't have any FTEs right now, but, uh, and I don't really pay too much attention to other projects.I like to pay attention to the mistakes of other projects so we know what not to do, but, uh, if I were. To namedrop. Uh, I'd say I really like dead fellows. I'm enjoying artwork there. Um, yeah. So that's something that, that, yeah, it gets my sense. Yeah. No, that's fine. Not everyone, you know, collects all of them.Uh, you're a pretty busy guy, Meg, so we understand it. Uh, yeah, I, I, I don't collect any, I don't even own any vamps. I don't have any bases. I don't have any goats. Uh, and my reasoning for that is, um, if I were to own a vampire, for example, that would, uh, effectively take away, uh, one person away from the community.And I I'd rather have, uh, an active member of the community rather than owning about myself. And, uh, there's so many great people in the community that, uh, you know, who knows maybe that one person that joined the community because of. Um, may not owning a vampire. It turns out to be, uh, a celeb or someone who's really helpful to everyone or, yeah, just the overall good person.Yeah, definitely. All right. Well, masse, I think we've got some, uh, questions here, um, from the chat and some followers of Benzinga. So I'll let you, uh, take it away. Absolutely. First of all, MIG, you are the people's champ, man. That is awesome. Uh, we have a question from Scott here, he's asking. So what are the steps that you guys would recommend to a new project to secure their discord?Um, so first of all, make sure, like, except you like the admin role has permissions to access announcement and stuff like that. So most of you, this Corptax. Go to a moderator. I give them like 10 grand to get access to their account, maybe, or get some permissions to post in those channels. And they'll add everyone with, um, with a fake site to meet that project again, for example.So that's recently what's been going on in a lot of your SIS scores and a lot of people are falling for that. So make sure nobody has access to any like substantial, official channel to post an except like maybe the team or like you only asked the owner of this score and make sure moderators don't have access to create web hooks or manage roles.So that that's one of the, like the most steps you can take. And eventually when you're big enough, you, if you applied to discord as a discord or partner, it will force everyone to, to have a, um, so that that's another great, uh, step you can take eventually. Love that. Do you guys think some projects are taking bribes considering how frequent these are happening or is it just the same thing over and over that people are falling?Well, it seems to be the same person I've been following this personal Twitter. Um, let me find his name. So he's, uh, yeah, his name is NFP herder and he posts these treads on these discord hangs and it seems to be the same person every time who's been fooling off these hacks recently and it's discord. So, so either they're falling for the same bribe, like the moderators or, or they're being hacked.So by the same, like maybe a piece of malware, they click like a link. I don't know what the attack vector is here. Yeah. So, yeah. And it's really bad situation for the product as well because, uh, The the, your, your loose, so much trust in a team. If they, if people lose money to you through like a scam like that, if you don't like take time to properly secure to this cortisol.Exactly. And MIGS, you said that you gave some NFTs away to some of the SVS community. Did some of them get hacked through other projects they were in? Um, I'm not sure. I don't really know the full details of what happened. Uh, I just, uh, I just felt really bad for them. So, uh, yeah, I, I just want to do a little something.I don't have much. I'd just give them something to, uh, get them back on their feet. Yeah. Amazing. All right. Let's see, Chris, I think, is there more questions from the chat here? Yeah. So we've got this question from, uh, de-bone in the chat. Uh, what are some of the other pop culture, Easter eggs we can find in the SVS bat.Um, usually I like to encourage people to just look at the artwork and discover for themselves. Yeah. I mean, when it comes to Easter eggs sometimes yeah. You can't give everything away. So maybe you can share maybe one thing to look for. Uh, one of my favorite traits from the bats was creating, uh, um, a Walkman, uh, that, uh, if you've seen guardians of the galaxy style load has a Walkman, uh, that it's super ancient.And I wanted, I wanted something like that, uh, to be kind of a success of trait to the headphones that we have for the vampires. So I, I created a Walkman pretty much in inspired from stall loads. Walkman, but yeah, I couldn't use, we might get DMC aid by Sony or something, so I couldn't use the exact name.I changed it to SVS walkout wing man instead. Perfect. Well, thanks for sharing that. De-bone, there's your answer. You, you might have to look for the rest, but look for that Walkman. Absolutely. So we have another question here from Scott, who wants to know, uh, for new people coming into the NMT space as investors or collectors, what's the best way for them to, uh, do research and find quality projects versus avoiding scams or quick cash grabs.Um, so there's a couple of red flags of you see. So first of all, if I were to invest in your project, I would look at maybe like, um, like any of their like team members to see if they're well established. Of course. So, and maybe look at their website, maybe. So a lot of these ex like scams recently, um, they, um, they tend to just maintain and run off, for example.So it's really hard in, and if these spaces is not as simple as like a, like, uh, like checking a crypto Rockpool. So for an NFC space, a lot of people jump, try to jump on the hive because it's this one-time event where you can buy in this NFT, like at a really low price. So a lot of people tend to not do like their research because the event is going to happen anyway.And there's so many people getting in and you're trying to flip it. Um, but the thing is with NMT project, you're only gonna see whether it's a rug pool, like most definitely, or like in the future, because it's whether they're going to work on the project in the future or not. So it's, it's a bit harder to do here than in normal token.For example, a token you're buying through. Yeah. And of course settling, it's going to selling, it's going to be harder because you can't just go through union swap incentive there, but you have to actually find a buyer. So that's another factor you can look at. Yeah. And I've seen projects, they sell out and then these devs, they go to another project and they launch it and another one and they repeat the cycle, they just sell out and just kind of leave the community, sell out, leave the community.So it's interesting to see, hopefully we start taking more, you know, doing more research before just jumping onto the hype, you know? Yeah. It's a, it's the wild west out here. And, uh, yeah, I think what was said is, um, you should really, um, do some research on the team. Um, that's exactly what I did before I joined, uh, uh, the team.Um, so before joining SVS, I was, I was screening a lot of, uh, Proposals to me. And, uh, a lot of people wanted me to join their project. And I, uh, one of the deciding factors of joining SVS was, uh, choosing the right team who had, uh, who were well-established, who had a good, uh, Twitter presence. And, um, just the team that could get the job done and I chose correctly and, uh, yeah, so always, uh, do a bit of research on, on the team members.And, um, but other than that, uh, yeah, just always, always be cautious. Perfect. Well guys, you know, thanks so much for, for sharing insights into SVS what's to come and also, you know, just the advice for NFT, uh, people out there, right? That's something we really wanted to do with this show was bringing the interviews to talk about big projects, but also, you know, provide that education segment for people, maybe new to the NFT space.And I definitely think we, we shared some education today via you guys in terms of what to look for in projects and also, you know, managing a discord. So shout out to both of you for that. But, you know, we look forward to following this progress, you know, it's far from over gen two coming, uh, you know, I'm really excited to, to see what that looks like.So Wolf and MIG, thank you so much for taking time out of your busy schedules and joining us today. Thanks guys. It's a, it's been a pleasure to talk with you and, um, just, uh, share our knowledge on everything. We know about crypto and NFTs and, uh, yeah, just, uh, stay vigilant out there. It's the wild west. So keep that in mind.Absolutely. Thank you guys so much for coming on. We appreciate you and the SBS community. You guys are awesome. Yeah. And we will love to have you guys back when, you know, it gets closer to the next event. So, uh, thank you both. It definitely will be back, I think. Yeah. Awesome. Awesome. Shout out to, to MIG and to Wolf for joining us today on the show, and also shout out to the SVS community, showing up in full force mass in the chat, some great questions there.Um, you know, the question from Debo and of course about the Easter egg, um, you know, traits, I, I loved that loved hearing about the, the guardians of the galaxy reference there. Um, you know, I, I loved hearing about the artwork, um, right. So the inspiration, uh, you know, from some different cartoons. So this was a fun interview and a exciting project, uh, with a lot to come back.Absolutely. Yeah. You know, it's great to see these authentic projects that are really here for the community and not just trying to, you know, cash, grab everything. You can see it in the way they represent themselves and make the artists who doesn't own any NFTs. Who'd rather, you know, give his SVS to someone else that can be a part of the community.Um, really great guys, really great community. I'm excited for them. And I cannot wait to see the progression over the next couple of months. Yeah. Definitely. I can't even get all these comments up on the screen cause they're coming in fast. Um, only fangs also got a call out here, mass that we should come join one of the AMA.So, uh, we might have to try to set that up with SBS. So let's mass. Uh, another great interview here. We got more great interviews coming up this week before we leave today. Um, let's get into some news and headlines, right? We didn't do a show last week. So we got a full week, but also we saw, you know, the NFT market, uh, trading a little bit slower.Right? So, uh, we, we still have some big news out there though, but the thing we always like to start with brightest, the top 10 weekly sales volume leaders. So I do this article for Benzinga every Sunday and it's based on data from crypto slam, which tracks NFT sales via. So no surprise mass. I know you're not going to be surprised by this one.Number one in sales volume last week, ACCE infinity, $113.2 million in sales volume, and then followed by crypto punk sport, a yacht club, and then a couple of projects on the wax block chain, which actually was a surprise farming, tales and farming world then followed by art blocks. We of course had, you know, a snow fro from art blacks on the show two weeks ago.And then, uh, the one I want to talk about here though, eighth place last week up 125% in sales volume. Uh she's right. This was the project that launched using dose killer. Um, also known as leash, which is the second coin in the sheet. And ecosystem system, which we've seen, you know, S H I B the coin absolutely ripping.So this was a 10,000 Ft project. It had a sliding scale for the, for the pricing mass. I don't know if you saw that the first 3000 for 0.1, ease the next 5,000 per 0.2 and the last 2000 for 0.3. And if you own the leash, you got early access to this, it sold out pretty fast. We saw high gas. But this was in mid-October and now the floor price on this project has, has ripped.I mean, when I wrote about it, it was 1.7. Then I did an article. It was 1.9. And when I looked today, 2.25 east floor now on , um, and the top sales, we had two 50 east to sales. Um, if we can get those up on screen, the Batman and the iron man based shimbashi there it is right there, mass. Uh, that's pretty cool.Did you know this project mass? And what do you think about a Shabbos she's here? You think? Because it's the first really one tied to, um, you know, the, the ship coin that it's getting all this attention, all of a sudden, you know, it's funny. I heard it. I didn't really look into it till right now. These are pretty cool.And I do like the connection to the Sheba coin. Um, Yeah. I mean, it's holding its price fairly well. And as far as art goes, those are, they're pretty cute. They fit that PFP style. That's a trending right now. Um, I like them. Yeah. I mean, this should have been one where I think everyone could have predicted right.As ship gets hot, it looks like this NFT project is going to follow along. So it's definitely on my watch list, uh, based on the strong community behind the coin. Absolutely. You know, so speaking of community and if T Fest, you know, it starting this week or this weekend it's been going on. So I don't know if you guys saw the board ape yacht club, they had an actual.And, you know, the party looked really awesome. You know, people were partying on the yacht. It's great to see the community come together. Um, there's a couple of videos and pictures on Twitter and man, I have FOMO from it. It just, it just looks like a great time. It does, it looks like a full-on party. Right.And I really, yeah. You know, I, I had some big FOMO mez, uh, you know, not being able to be there and we, we saw it, not just board apes, right. But a bunch of different MFT projects, you know, just really rallying around this, this event. Right. Bringing your community together, bringing your teams there to meet your community.And then, yeah, I mean, who could forget the, the party on the yacht, right board, a yacht club, a full-on party on the yacht. Also, I saw some, uh, billboards, right? We always talk about, you know, the, the times square billboards, right. That costs a lot of money, but get a ton of eyeballs on them. We saw some NFTs featured on those billboards.Um, I know our friends from robotics were actually on those billboards, uh, throughout the event. And I know that they traveled to New York as well. So, uh, there, there it is right there on the billboard, uh, shout out to the robotics. Okay. You know, I wonder if this starts scaling up to like a comic con style, you know, as the years go by, you know, people come with their communities, they represent, you know, the board apes or bottles, cool cats.And it's just a cool time meeting people in real life when we just talk digitally every day. So I love saying it. Yeah. I think it definitely a trend to watch. The, the big question is, you know, will it be, you know, You know, for NFTs all together, will it be for one event at a time where we see some regional events as well?Right. And that's something with Comicons as you kind of see them spread out throughout the country, you know, are the big cities like New York, uh, you know, big meeting places like Las Vegas, are those going to be the places, you know, to host these events, but exciting times, uh, for, for meetups and, and speaking of board eight yacht club mass, I don't know if you saw this, but it, you know, the cover of rolling stone, right?We, we talked recently about cool cats getting a collaboration with time magazine. Now you have board ape yacht club on the cover of rolling stone. I mean, and a full featured article inside the magazine talking about this. If, if you're out there and you didn't think NFTs were mainstream yet, I mean, if you're a musician, you always dream about being on the cover of rolling stone and here you have now an NFTE on it.What do you think is this is a sweet looking cover. I mean, it looks awesome straight up the board API cover, like the rock stars of the NFC world and this, you know, rolling stone cover kind of a embraces that I thought it was really cool. I love the cover. Um, I love seeing more people, you know, by apes, I saw a couple of rappers, you know, they made it their profile picture.Um, so again, we see more and more celebs start buying these profile pictures and making it, you know, their identity. I think it's great. Definitely. So speaking of, you know, we talked a little bit earlier with SBS. Discord hacks. You know, there's been a lot of discord hacks, and I think we should talk about, you know, what to avoid.You know, when these projects do get hacked by, you know, however they're getting hacked, you know, what's happening is they're posting a link and people are minting through a fake website and just sending them Eve and they're just rug polling. So, you know, what are, what are the best tips that we can recommend Chris, for people watching to avoid?You know, these, these scams that are happening consistently now? Yeah. I mean, I really loved hearing from the SVS team, right? Talking about, you know, the, the discord safety. And I think the biggest thing, anyone who's been in discord for a while, you see the sheer volume of messages that you get sometimes, right?And a lot of them are invite link spam, right? Where people need, you know, a certain number of invites to get on the white list of a project. Um, you know, those aren't necessarily a, you know, a. Right at someone, you know, most likely trying to get you to join a discord, but also remember that those links are coming from someone you've never met.Um, so I would always caution that, you know, I would try to join a discord, find a community, and you can talk about upcoming projects there. And, you know, it's a lot safer rather than just clicking on links from people. Then the other big thing, you know, as, uh, Megan Wolf said, right, is that most of these projects, their announcement channel, right?It's the one that's locked just to the admin and pay attention to that. Right. They're going to update and they're going to say, Hey, this is our mint date, right? This is when we're going to mint. If all of a sudden, you know, you're getting messages saying, Hey, minting is live. And it's three days before the project's supposed to mint.That should be an immediate red flag. Right. Unless if it was a now. And you really know that that's true. It's not a stealth drop, right? This is someone looking for you to connect your wallet to that site. And, you know, unfortunately you could be a victim in this way, so I would stay away from the messages you get in discord and make sure you're following and know that it is the admins posting in announcement channels, um, to stay safe.Absolutely. You know, and they try to get you to mint emotionally, right? They create this sort of FOMO of mint now, you know, stealth drop, you know, get right away. So you don't really think about it twice. And I've realized that now, especially since the market has been slower, is we should take our time when we mint.We shouldn't just rush into things just because, you know, you get the sense of FOMO. It's okay to miss things, you know, especially considering the environment we're in, where, you know, there's so many scams going on on day to day basis. Take your time. Do your research. You know, there's always opportunities out there.Don't ever feel like you're missing out because we've seen people. You know, a substantial amounts of Eve coming into the NFT world and imagine if they're new, they're more susceptible to it. And they may just have a bad experience and not come back, you know? Yeah. And that's the unfortunate part. Matt has you, you hit it right on the, on the head there at the end, right?Is the most likely victims of this are the newer people. And with that being said, it could mean two things, either a they're probably don't have a ton of liquidity. Right. So if they mint out on one of these fake projects, they might not have money left to get into other projects. And then on the flip side, it also may turn them away from NFTs completely.Right. I mean, if I got hacked, if I was victim, I mean, I might just not want to pay attention to NFTs anymore. Right. Because it's a, you know, an unsafe market, so it's important. And that's why we try to educate people on the show. Um, so great insights, you know, from us in the education, but also you heard it directly from a team today.Right? So great segment there. Mass. I want to talk a little bit about some of the major brands, right? So we just mentioned, you know, rolling stone of course, having an NFT on their cover. But aside from that, we're seeing major brands actually launch NFTs now, and this is something that we thought was coming, you know, for months, right?Some of these big media companies monetizing their intellectual property. So Disney announced a collaboration with ViiV right. They're going to launch NFTs from star wars, Pixar, Marvel, and Disney characters. Um, you know, on that leading mobile platform, we have Hasbro is launching power ranger at FTS, right?Uh, capitalizing on that brand that they have. Mattel which owns hot wheels. They're launching hot wheels NFTs, right? Similar to Funko where you collect the digital, um, you know, the NFTs. And if you get a certain rarity, you actually get the physical version of the hot wheel as well, which is what Funko did.Right? If you got the chase version, you get mail, they physical Funko that you can only get from the NFT collection. And then mass, we got news this week, that one of the largest companies, most well-known brands in the world. Right. McDonald's McDonald's is getting into the NFT game. There it is the MC rib NFT, and these are limited.You can't just go and buy these. They started a sweepstakes, um, today through November 7th, where you can enter and only 10 people will be awarded this NFT. I'm going to go ahead and drop the article I wrote on this, in the chat. So if you're interested, um, you can see how you can possibly, uh, you know, when one of those NFTs also on screen, you can see right now the rules and how to enter, but mass, those are some big names, right?Disney, Mattel, Hasbro. And now McDonald's, I mean, it looks like we are going to make it right. Absolutely. I love seeing it. And I definitely retweeted that post and shout. You know, if we win, I already told our chick, I'm taking her out to get my grips. So hopefully there you go. There's the cloud right there with the mic rib, NFT.Think of all that you can do with that. I love that. Exactly. Um, so moving on, Chris, I don't know if you saw last week, there was a huge sale for a crypto punk. Um, there was a crypto punk that was purchased for $530 million last Thursday night. So this broke headlines on Twitter, right? So we saw that everyone was like, whoa, freaking out.But crypto Twitter was quick to point out that the sale was from authentic crypto punk, 9, 9, 9, 9, 8. Uh, so yeah, they, they kind of pointed out that it was, they sold it to themselves. They were able to get alone. Uh, they paid it back right after the sale and it just kind of created, it made headlines and it created this new, all time high price for the crypto.Uh, what do we think about that? Yeah, I mean, th this, I think is the unfortunate side of NFTs, right. And, you know, we see it in crypto. We see it in NFTs where there's always going to be talks about, you know, regulation. And I don't love seeing this cause I think it draws more attention to possibly getting regulation involved, which is one of the things that's been nice about, you know, NFTs, you know, being able to, to operate on their own.But I mean, a huge red flag, right? That this was a record price of over 124,000 a theory. Um, when the previous record for crypto punks was 4,200 a theory, I mean, that's a huge jump. We've seen some records this year, but not of this level. Um, but on the flip side, We did see crypto punks trending on Twitter.So we did get some attention to NFTs, but I think unfortunately it was the wrong kind of attention. Um, I just, I didn't love this a headline, a news. Cause again, I think it's a, a bigger negative for the space than I would've liked to see. Absolutely. Yeah. I saw a couple, you know, people on YouTube that don't normally talk about NFTs bringing us up and you know, they don't understand.And if T's, and what they were saying is just kind of looks, it's a bad look, you know, from someone on the outside, looking in, I see it as a publicity stunt, they wanted people to talk about their specific punk. Um, but yeah, it's not a great look overall, but interestingly, the. Yeah. And then I actually see a comment here, uh, on that note from a TEALS peels in the chat, I did actually see this headline as well, mass, that there was a punk listed for 4.4 EAs, um, on a most likely fat finger.Um, but that is another topic too. We saw this with board ape, where there was one sold for a significantly low price. And the question is, you know, is it a fat finger or is it a possible tax wash sale? So there's kind of this debate going on. What do you think of the low prices here? Is that a fat finger or is that a, a tax, uh, benefit here, man?And it's just, it's hard to say, but I can see the benefits of, uh, you know, from a tax perspective, you know, you accidentally fat finger and someone else buys it. You know, we don't know who that someone else is. That's where the mystery lies. Um, I would hate it for it to be a fat finger cause that would really hurt.I'm not sure, but both suck. Definitely. And then maths, uh, another interesting topic and we could probably go on this one for a long time too, but just, uh, for anyone out there who doesn't know, we saw the floor price of an NFT project, uh, get pretty much wiped out over the last 24 to 48 hours. And that is jungle freaks.So this was a highly anticipated project. And one of the big reasons that people were drawn into this was that, uh, a former artist for hustler was behind the artwork for this project. And we also saw a lot of, uh, you know, celebrities and NFT, you know, influencers, let's say right rally behind this project before the mint.So w the floor price went up a ton last night. It actually hits 0.15. Um, it looks like it's recovered a little bit to 0.3. But the reason was because decades ago, the artist who is attached to this project, uh, George, Tracy, , uh, he drew some rather, um, let's call them racist cartoons. Right. And I don't want to get into the debate of, you know, what makes a racist cartoon, but the, the debate I wanted to get into is, you know, how much influence one person can have on a project.Um, you mentioned it a little bit during the interview, Matt, you know, when developers leap from one project to the next, what it can do to a floor price and the community. Right. Well, what about something like this, where now there is just a negative cloud over this project? Can it recover or can one person, you know, ultimately just, just do them an NFT, you know, It's I think we still see volatility in this project.We'll see some highs and lows because there's just so much money to be made. And, you know, people can ski the, the, the, the, the narrative, however, it benefits them monetarily. Right? So I'm sure people holding this project, they're trying their best to, you know, damage control it. As soon as they salad, they may switch sides.But I will say that I don't, you know, anything that's, you know, racist towards anything should be, it's something I don't mess with. So I personally will not, you know, touch that, but I do see, thank people will still, uh, take the opportunity to buy and sell this project. Yeah, that's, that's a great point.Right? And it turns into a moral one. For some people I I'm with you, right. Where I just kind of want to distance myself from this project. I was never in it. Um, but you know, eh, here in the stock market world, we talk about buying the dip, right. And that's a term that passed on to cryptocurrency and now NFTs, and you could have bought the dip yesterday.But again, I just don't know if this project is going to have lasting power now with this negativity and, and a lot of the NFT influencers that were involved with this project, they've also distanced themselves, which, you know, isn't a great look. So, uh, um, we, we wish the best for teams, but, you know, I just don't know if this one is going to have a, as bright of a future as originally predicted exactly.You know, and the big thing with crypto and NFTs decentralized and, you know, kind of against cancel culture. You know, I do think that we all can all make the decision, whether we agree with it or not. I personally don't, I won't buy the project. I won't talk about the project, but you know, people are still free to do what they want, so we will see what happens.But yeah, it's unfortunate. Always do your research is what I'll say. You know, you can figure it out, cause I'm sure if you Google the artists, you know, how quick was it to find that, you know, so people may have not looked because again, monetarily incentivized, I'm not sure, but always do your research. Um, and other news though, Chris, it theory I'm hit an all time high today, man.It just keeps on pushing gas keeps going high. Oh man, what is going on? Yeah, I mean, we, we talked about this weeks ago, right? How a theory I'm hitting all time highs. Great. For anyone who's invested in a theory of bad for the NFT market. Right. And you heard Wolf and Meg talk about that too. Right? How, when the price of a theory goes up, you know, impacts the prices of NFTs, right?Because the majority of them are based in ease. I think until a pullback happens in Eve, I think we're just going to kind of see this current NFTE cycle happening, right. Where people don't necessarily want to mint new projects and sacrifice their. When he could be headed to 5,000 sooner than later, uh, what do you think mass, you know, uh, how close are we to 5,000?You know, and what does a pullback possibly mean for, for NFT? You know, for me personally, eat is eat for me still, you know, unless I plan to take profits Eve one eighth is one eighth. What I think the biggest problem is is the gas, right? The problem with the gas is that anytime you try to mint something, buy something, sell something, you're paying this enormous amount.That's not going to the dev. That's not going to the team. It's just, you know, being paid in gas fees. And I think that's been such a big disruptor in the NFT market so far. I mean, we've seen gas stay at over a hundred for the last week and a half or so. Um, but I do hope that he does stabilize and again, we're seeing what's happening.You know, we've never really been in this situation before. Hopefully eats stabilizes gas comes down a bit. Um, and then we can start seeing the real, you know, market demand for NFTE. Uh, when, when Eve two, man, we've been hearing about this for awhile for a long time, right? Yeah. The actually going to happen.And, you know, with that being said in the high gas prices, mass, I think that's something where, again, some of these other coins and platforms, like if they could really launch a great project that can, you know, eliminate gas fees or lower them, now's the time to take a theory. I'm head-on because I think you could win some fans.Um, you know, I prefer the east based NFTs cause that's where I've always been. But I know some of these other platforms, you know, have lower gas fees. Um, but man gas, gas is brutal out there. It is, man. I do hope that we see Eve too sometime. I mean she in the next hopefully year, um, but Eve is the place to be, you know, the reason we're all still here in the eighth world and that's the dominant factor it's because it's the place to be.It's where the top artists top projects are. So hopefully we do find a solution for this, but congratulations to anybody holding a theory them for the last, I mean, I remember it was $600 last year, you know, about a year ago. So congratulations. It's a great time to be in the crypto space. Great time to be in the NFT space.Uh, I'm excited for 2022, definitely. Well, mass. I love our community and our fans out here. I don't know if you saw this, uh, this comment here. Um, I'll just throw that up there on the screen again, not to start a debate about McDonald's, but a shout out to hacks in the chat for that great comment on the McRib NFT.That's going to do it for today's show. And as I said, we we've got some great interviews lined up and we actually welcome back to Morrow and we're back a team that we've had on before. And I know there's some loyal fans out there. May I ask who's going to be on the roadmap tomorrow, tomorrow. That's a great point.I'm actually not sure I haven't checked it. Who is going to be on, so we are welcoming back crypto dad, right? So the dad team, we saw moms, right. The free mint of moms. So we'll be able to talk about moms and also what's ahead on the roadmap. So a very exciting one looking forward to this one. I own a couple of dads and a couple of moms still.Um, so I'm excited. Um, but I know we will have a lively chat like we did before. Oh, yeah, one of the best communities from the get-go. Um, I'm curious to hear their perspective now that we've been in somewhat of a bearish market for the last couple of weeks. So awesome. Well guys, that is going to do it for us today.Again, we had the team from SV S on shout out to MIG and Wolf for joining us on the show. Great insight into their project, the artwork. I mean, one of the most well-known artists in the NFT space now in MIG, um, we also got to hear their thoughts on the NFT market overall, right. And discord safety. I thought that was very, very important.We don't always get that behind the scenes from the teams. So shout out to them and shout out to all of you in the chat, or if you are listening, this is also available on podcast. Um, so shout out to anyone or, you know, listening to them. As a podcast, if you are, you know, let us know you can reach out at Benzinga.Um, and we would love to hear from you if you are loving the podcast, but that is going to do it for
Path started trading crypto when he was 15 and made a ton of money. He's famous for calling the Bitcoin top in 2017 but less known is that he's an OG of the 2015 Meme War and an Urbit bull.We talked about how meme culture informs his trading strategies; how artists and intellectuals should think about developing crypto projects; what he's bullish on right now, and what he thinks will stand the test of time amid all the hype bubbles rising and falling in recent years. Not financial advice, of course!➡️ Follow Path at @Cryptopathic on Twitter: https://twitter.com/CryptopathicOther Life✦ Join 6,000+ academics, creators, and investors who read the Other Life newsletter https://OtherLife.coIndieThinkers.org✦ If you're working on long-term intellectual work outside of institutions, request an invitation at https://indiethinkers.org
O kriptovalutah, kriptožetonih, kriptovročici sem se pogovarjala z Matejem Tomažinom, nekdanjim borznikom, ki je prestopil v kripto svet. Epizodo priporočam tudi skeptikom. Tokratni podcast je uvod v kripto svet. Ta povzroča pri ljudeh različne odzive – nekateri pravijo, da gre za nateg in kockanje, drugi, da je to naša prihodnost. Takšni so bili tudi vaši odzivi v moji Instragram zgodbi, ki sem jo objavila ob napovedi te kripto epizode. Za vse, ki pravite, da vas kripto ne zanima, da je to kockanje, prevara, sramota in še kaj, vas vabim, da vseeno prisluhnete epizodi, ker boste slišali drugačen način razmišljanja, ki lahko še dodatno potrdi vaša prepričanja ali pa morda celo spodbudi k nadaljnjemu raziskovanju. V uvodni kripto epizodi se pogovarjam z Matejem Tomažinom, nekdanjim borznikom, ki je prestopil v kripto svet. Matej je na kapitalske trge vstopil pred 25 leti še kot študent, bil je upravljavec premoženja in kasneje tudi prokurist pri borzno-posredniški hiši Ilirka. Leta 2006 je na Hrvaškem ustanovil družbo za upravljanje premoženja Alfa Invest in jo leta 2009 prodal NFD. Kasneje postal član in potem še predsednik uprave KD Skladi (danes so to Generali Investments). Matej je po borzni karieri skočil v svet podjetništva, soustanovil nekaj podjetij in bil tudi angelski investitor v več zagonskih podjetij. Ukvarjal se je tudi z virtualno resničnostjo. Leta 2017 se pridružil ekipi kriptopodjetja Iconomi, ki je bilo prvo slovensko podjetje, ki je leta 2016 izvedlo ICO oziroma prvo izdaja kriptožetonov. Zbrali so 10,6 milijonov dolarjev za projekt platforme za upravljanje kriptoimetij oziroma kriptoskladov. Tam je zdaj direktor. _____________________________________________________ OPOZORILO V tej kripto epizodi so omenjene konkretne naložbe, ki ne predstavljajo naložbenega nasveta. Razmere na kripto trgu so zelo razgrete in v takšnem okolju je potrebna dodatna previdnost. Tečaji dobesedno letijo v nebo oziroma »to the moon« in donosnosti presegajo v zelo kratkih obdobjih več tisoč odstotkov. Balon se kot že videno v kriptu napihuje. Izpolnjeni so namreč trije pogoji: 1. nekaj je na tem in tehnologija se razvija, 2. pretekla donosnost se vidi kot garancija za prihodnjo donosnost, 3. vsi znajo povedati, da gre za izjemno naložbeno priložnost in vsi želijo zaslužiti s kriptom. Toda, balon bo počil. Tako kot je že nekajkrat. Pomembnejše vprašanje pa je, kaj se bo zgodilo s kriptom na srednji in dolgi rok. Za razumevanje potenciala različnih kripto projektov si je predvsem potrebno vzeti čas, jih spoznati in šele na to razmisliti o investiranju. Najpomembnejše pri investiranju pa je, da na koncu mirno spite. _____________________________________________________ BREZPLAČEN LAJV DOGODEK 18. maj ob 17.00 Money-Log oziroma dialog o aktualnih dogajanjih na kapitalskih trgih v živo z Damianom Merlakom, Andražem Grahkom in Tonijem Jukičem. Naročite se na e-pismo na www.biznispace.com, da boste prejeli povezavo do dogodka. Dopolnjujemo ....
Shaolin Shoppe is a crypto artist, bass player, and one of the OGs in the trash art space. He got into crypto art before it was cool, spending only 3$ to mint his first NFT. Shaolin's style is influenced by vaporwave, trash art, and glitch. Today we discuss his art background, the future of NFTs, what makes crypto better than fiat, and why cities are overrated. Shaolin also shares his favorite kung-fu movie, plays bass, and shares valuable advice for NFT newcomers. Tune in to find out what the NFT scene looked like way back in 2018 and what's next for Shaolin Shoppe. Key points discussed If Shaolin didn't become a crypto artist, he'd be a cowboy (00:00) The coolest bass lines in the history of music (09:48) How Shaolin creates music and why he has more bass guitars than he needs (13:13) Shaolin's art background and the best kung-fu movies (22:35) What's an NFD and what's Shaolin's tongue-in-cheek statement behind it (31:35) Shaolin's crypto art aesthetic and the most exciting collaborations (37:08) What's next for Shaolin and the crypto art world (45:04) Who are Shaolin's biggest collectors and how to get involved in the community (50:44) How Shaolin got into NFT and the case for spending crypto in the real world (01:00:15) Advice for NFT newcomers: You got to play the game (01:09:23) Additional Resources Follow Shaolin's Twitter and get his art on here and get his art at MyBAE. If you want to stay in the loop and learn about exciting NFT artists, make sure to follow The Outer Realm on your favorite podcast app. You like our talks? Leave a rating and a review! To stay in touch and connect with me, follow me here:
Part 3 of the Nashville Christmas Day bombing. In this episode there are a ton of calls and audio to go over, both 911 calls from the day of the bombing itself as well as a call from the attorney of the suspect from a year prior, and audio from the fire department on their operations.
You could say that it was always in Lucy's blood to open a shop as her parents were London market traders but she had other creative ideas on where she wanted to make a career. In this episode Lucy tells us how fashion and retail became her accidental full time job and aren't we glad that it did because Never Fully Dressed was born! Their fun attitude to fashion, statement prints and multi way garments make NFD a key player amongst online retailers and Lucy was kind enough to share what it looks like behind the scenes! In this episode we discuss : how NFD was born from a London market stall the lessons lucy has learnt whilst scaling her business what the team structure looks like as the business has grown the importance of hunger, drive & enthusiasm when working in a competitive industry NFD ongoing sustainability intiatives links mentioned in the episode you can keep in touch with lucy and nfd via the links below: https://www.neverfullydressed.co.uk/ https://www.instagram.com/neverfullydressed/ learn If you've been inspired by Lucy's story & would like to start or grow your own fashion brand then maybe you'd like to take a look at my 4 week online course which is launching again in January 2021 I created it in April 2020 and over 200 people have taken part so far with lots of positive feedback about how much it has helped them with confidence & basically getting a rocket up them to actually make it happen! Across the 4 weeks we cover brand identity, visual aesthetics, manufacturing & marketing the business on Instagram. There's also pre - recorded workshops inside the group on mindset and brand photography which you can enjoy at your own pace Whether your business is a seed of an idea or fully fledged then you're welcome to join me when the doors re-open! To receive a reminder on when you can join, click here to register your name on the waitlist & you''ll be the first to hear all the details! contact me If you'd like to find out more about working together on your brand, click here
Today we talk to the incredible founder of Never Fully Dressed, Lucy Aylen. Never Fully Dressed is a fabulous clothing line the super-cool celebrity favorite brand from the UK. Celeb fans include Emma Roberts, Elsa Hosk, Lena Dunham, etc Lucy shares her journey today of how NFD got started and where it is now. Lucy shares the realness of motherhood, the juggle and being the creator of Never Fully Dressed. Lucy and Ali talk mom life and the realness of it. Lucy shares her visions for her brand and the realness behind it! Lucy wants her brand to feel like home to all women, and talks about all the support she wants women to have! Lucy and Ali talk fashion, trends, and NFD designs! Tune in to hear some fabulous fashion details, realness about the brand and all, and hopefully inspire you to shop! Follow Never Fully Dressed : https://www.neverfullydressed.co.uk https://www.instagram.com/neverfullydressed AND HERE'S ALI: www.alilevine.com Instagram.com/ALiLevineDesign Twitter.com/AliLevineDesign Linkedin.com/AliLevineDesign Pinterest.com/AliLevineDesign Don't forget to follow our podcast Instagram too!! https://instagram.com/everythingwithalilevine !! We are always updating fun news and clips there from the show! If you're loving Everything with Ali Levine, please leave us a 5 star review, written out with some love!! W WE love you and appreciate the love!! DM Ali @Alilevinedesign and say hi and follow! Ali LOVES to connect with her community!! SCREENSHOT this episode if you LOVE it and Tag US so we can Share!!
Der Bau des BER war geprägt von Pannen, Pfusch und Kostenexplosionen. Nach neun Jahren Verspätung ist der neue Hauptstadtflughafen nun endlich in Betrieb gegangen. Doch hat sich der ganze Aufwand und das ganze Geld gelohnt? Zumindest gibt es dabei noch Fragen. Ist es der Richtige Ort? Hat der Flughafen überhaupt genug Kapazität? Und was ist eigentlich mit den ganzen Staatsbesuchen? Antworten kommen von: Stephan Erler, Deutschland-Chef von EasyJet Erik Grunewald, DLR-Institut für Flughafenwesen und Luftverkehr Hans Rudolf Wöhrl, Luftfahrtunternehmer und Gründer der NFD (aus der später die Eurowings hervorging) Christine Dorn, Bürgerverein Brandenburg-Berlin Thomas Jarzombek (CDU), Koordinator der Bundesregierung für die Luftfahrt ___________________________________ Wer seid ihr? –> http://verkehrt.org/ueber-uns Wer ist verantwortlich? –> http://verkehrt.org/impressum Welche Musik ist das? –> “Inspired” und “Funkorama” von Kevin McLeod Ahhh, wo kann ich motzen? –> feedback@verkehrt.org _____________________________
Der Bau des BER war geprägt von Pannen, Pfusch und Kostenexplosionen. Nach neun Jahren Verspätung ist der neue Hauptstadtflughafen nun endlich in Betrieb gegangen. Doch weil am BER nun geflogen wird, musste TXL schließen. 60 Jahre nach dem ersten Linienflug ist der Berliner Flughafen Tegel seit Anfang November Geschichte. Tausende Mitarbeiter und Berliner verabschiedeten den letzten planmäßigen Flug - eine Sondermaschine der Air France nach Paris. Doch für viele Berliner war der Abschied von Tegel schmerzhaft, sie haben sich für einen Erhalt des Stadtflughafens stark gemacht. Doch wäre das überhaupt sinnvoll gewesen? Parallel zu den letzten Tagen des Flughafens Tegel hat am BER bereits der reguläre Flugbetrieb begonnen. Weil wegen der anhaltenden Corona-Krise aber kaum jemand fliegen will, lässt sich nur schwer abschätzen, ob der neue Airport den Herausforderungen wirklich gewachsen ist. Etliche Kritiker und Flughafengegner haben an der Leistungsfähigkeit des Hauptstadt-Airports ihre Zweifel. In einem Raumordnungsverfahren wurde der jetzige Standort schon viele Jahre vor Baubeginn als ungeeignet beurteilt. Warum wurde der Flughafen dann aber doch an der Südseite des einstigen Ost-Berliner Flughafens Schönefeld gebaut? Über diese und viele weitere Fragen sprechen wir mit: Michael Freitag, Bürgerinitiative „Tegel bleibt offen“. Erik Grunewald, DLR-Institut für Flughafenwesen und Luftverkehr Hans Rudolf Wöhrl, Luftfahrtunternehmer und Gründer der NFD (aus der später die Eurowings hervorging) Christine Dorn, Bürgerverein Brandenburg-Berlin Thomas Jarzombek (CDU), Koordinator der Bundesregierung für die Luftfahrt ___________________________________ Wer seid ihr? –> http://verkehrt.org/ueber-uns Wer ist verantwortlich? –> http://verkehrt.org/impressum Welche Musik ist das? –> “Inspired” und “Funkorama” von Kevin McLeod Ahhh, wo kann ich motzen? –> feedback@verkehrt.org _____________________________ Quellen: https://www.berlin-airport.de/de/unternehmen/ueber-uns/historie/index.php https://www.presseportal.de/pm/50485/4750085 https://www.aerotelegraph.com/sechs-wichtige-kapitel-in-der-geschichte-von-tegel-txl https://www.airliners.de/tschuess-tegel-ende-schiessung-flughafen/57731 https://www.berliner-zeitung.de/mensch-metropole/der-tempelhof-effekt-experten-rechnen-mit-stark-steigenden-mieten-am-flughafen-tegel-li.56370#:~:text=%3A%20Der%20Tempelhof%2DEffekt%3A%20Experten,steigenden%20Mieten%20am%20Flughafen%20Tegel&text=Wenn%20nun%20alles%20so%20bleibt,mit%20ihnen%20auch%20die%20Investoren. https://www.deutschlandfunkkultur.de/von-tempelhof-bis-ber-ein-jahrhundert-berliner.976.de.html?dram:article_id=486526
Episode Chapters 00:00 Chapter 1: Humble beginnings 03:45 Chapter 2: Growing with no outside investment 08:30 Chapter 3: Authenticity online 10:47 Chapter 4: NFD’s design & brand evolution 12:57 Chapter 5: Perseverance, change and the impact of Covid 18:51 Chapter 6: The future of fashion, sustainability and ethics 24:26 Chapter 7: The social impact 27:50 Chapter 8: Listen to your gut My guest today is Lucy Aylen, founder and CEO of Never Fully Dressed. Starting life as a market stall, then a modest store in Essex, Never Fully Dressed has grown to become an Instagram sensation, with celebrity fans Beyonce, Kendall Jenner and Chrissy Teigen wearing Lucy’s designs. In this episode, Lucy tells us how she’s built Never Fully Dressed without outside investment, reinvesting profits from sales to grow organically. Lucy explains how her growing brand now has a public responsibility, and how she wants to use its voice to influence positive change. We talk about sustainability and ethics within the fashion industry and the Never Fully Dressed pre-loved project, where you can send items you no longer wear back to NFD in exchange for loyalty points. And finally, Lucy shares her insights on balancing idealism with a sharp commercial focus and reminds us to nurture every relationship within our organisations. This conversation was recorded on 22nd October 2020. I hope you enjoy listening. -- Join the conversation: Tweet us! https://twitter.com/TheWotPod DM us! https://www.instagram.com/thewotpod/ Or hop over to Facebook https://www.facebook.com/thewotpod Connect with Lucy & Never Fully Dressed https://www.neverfullydressed.co.uk/ https://twitter.com/nfdhoneys https://www.instagram.com/neverfullydressed/ https://www.linkedin.com/in/lucy-aylen-a717381a9 Connect with your host Frankie Cotton: https://frankiecotton.com https://twitter.com/FrankieCotton_ https://www.instagram.com/frankiecotton_/ This episode was sound edited by Beth Davison https://www.bethdavison.com/. Women On Top is a Let’s Be Frank production. https://letsbefrank.co
Mini-wykład o osobowości Drama person Link do strony badań NFD skąd można pobrać test wraz z opisem i skalą w formacie pdf https://www.researchgate.net/publication/283646497_Developing_and_Testing_a_Scale_to_Measure_Need_for_Drama Oferta moich szkoleń video: Zarządzanie emocjami: https://bit.ly/2IFmNOE Re-konstrukcja relacji: https://bit.ly/31Kl1FU Mindfulness: https://bit.ly/3bU5iHb Sztuka komunikacji: https://bit.ly/3eLJIpm Jak pokonać stres?: https://bit.ly/2VwL4ff Oferta moich otwartych szkoleń i warsztatów: Zarządzanie emocjami: https://bit.ly/2oH5QJj Warsztaty medytacyjne: http://bit.ly/2AJHJ4I Akademia terapii transpersonalnej: https://bit.ly/2Vz7zAa Oferta szkoleń dla firm: Sprzedaż: budowanie relacji z klientem: https://bit.ly/2JKTLzv Mindfulness: narzędzia poprawy jakości życia i pracy: https://bit.ly/2lBKH4X Inteligencja emocjonalna: zarządzanie emocjami: https://bit.ly/2lva88o Opis metody, której uczę i w której pracuję: Model transpersonalny: https://bit.ly/2OCI4wr Informacje na temat sesji indywidualnej: https://bit.ly/33kQkVL Więcej informacji można znaleźć w książkach: Totem. Jak zbudować poczucie własnej wartości: https://bit.ly/3jBNXpF Mantra ciszy: https://bit.ly/2ZT0zPS Święty spokój. Instrukcja obsługi emocji: https://bit.ly/2JNHBBy Model transpersonalny: http://bit.ly/2Do2Pqr Życie. Następny poziom - https://bit.ly/2X1cdqs Alchemia duchowego rozwoju - http://bit.ly/2j1Ymhw Pokonaj stres z Kaizen - http://bit.ly/2j41Y2W Motocyklizm. Droga do mindfulness - http://bit.ly/2nc6T64 oraz na stronie: https://www.jaroslawgibas.com Realizacja video mini-wykładów jest możliwa dzięki środkom i zasobom Fundacji Hinc Sapientia https://www.fundacjahs.org. Jeśli uważasz, że publikowane tutaj mini-wykłady są przydatne i warto kontynuować ich produkcję to możesz ją wesprzeć darowizną na cele statutowe fundacji (wpłaty z pośrednictwem płatności on-line już od 10 zł) https://bit.ly/2nB1Tci Dziękuję:-) Jarosław Gibas
flight 108 har vi beveget oss til Oslo Lufthavn og har hygget oss med noen store fraktere på en lørdag morgen. Vi er også innom "Nye Norwegian" og vi ser at det begynner å kunne skimtes et mulig lys i enden av en veldig lang tunnel. Vi skal en tur i konkurshjørnet også.Velkommen ombord!Ulykkesflight 108:Canadian Pacific 108 Canadian Pacific Airlines DC-3 over Vancouver[/caption]NFD 108 Deler av vraket av NFD fliught 108, en Metro IIIAeropostal 108 Aeropostal DC-9-32[/caption]AKTUELT:Norwegian er reddet (for denne gang)Boeing har sikret seg et enormt lånPassasjerstatistikk fra OAG viser en liten fremgangWiderøe øker på AberdeenWizzAir åpner ny base i Ukraina...og går videre med joint-venture i Abu DhabiKonkurshjørnet:SAA legger ned, erstattes med et nytt selskapUKENS TEMA: FraktoramaVi har vært på OSL og klappet på noen fraktere i forbindelse med at det kom en rekke nye fraktere inn til Norge See acast.com/privacy for privacy and opt-out information.
In this episode we take a look at the past weeks PSL games, and dissect the performances of all the teams, and look at the NFD corruption scandal unfolding.
In der 5. Episode von ‘Wir sind die Welle’ spricht Moderator Benjamin Schnau (@benjaminschnau) über Polizeikommissar Serner der Mitglied der Nfd ist, Zazie und Hagen’s ersten Sex und Lea, die von Serner angeschossen wird. Die neue sozialistische Bewegung beginnt in 'WIR SIND THE WAVE"! Wir Sind The Wave ist eine original Netflix show in der eine Gruppe von Teenagern angefuehrt von Tristan Broch, eine neue Organisation starten um Tennagern von sozialen Problemen zu befreien. Jedoch geraet alles nach und nach aus den Fugen, sodass Tristan und sein Team sich selbst die Frage stellen muessen: Rechtfertigen die Auswirkungen die eigentliche Bedeutung. Begleitet uns auf AFTERBUZZ TV's WIR SIND THE WAVE AFTER SHOW Podcast waehrend wir die Frage beantworten und die neue Adapytion von Todd Strassers Novel fuer Euch naeher unter die Lupe nehmen.
Audiodacious — While defenders are blowing up the PSL, Percy Tau is still our favourite obsession. Emeka Enyadike, Lwazi Ziqubu and Xola Magwaza talk Moroka Swallows, Africa & Social media plus Chelsea's win-win situation regarding Frank Lampard. + Head and shoulders: Tower Mathoho and the pragmatic Kaizer Chiefs + Will anyone overtake defenders on goals list? (06:00) + Bloem Celtic using what's at their disposal - (07:30) + TS GALAXY leading the way for SA clubs (13:10) + Moroka Swallows just "do the right thing" (18:50) + NFD spotlight good for SA football (22:45) + Is Percy Tau the new Sibusiso Zuma? (26:00) + Social media, African footballs biggest ally (32:00) + Emeka says "United are in contention" and starts a fight (36:00) + Frank Lampard & Chelsea: Win-Win in a loss-loss situation (39:20) + Premier League musings: "Manchester City is illegal" (47:05) Pitch Invasion, the podcast for football tribalists! Join the debate on... Twitter - https://twitter.com/pitchinvaded Instagram - https://instagram.com/pitchinvaded Facebook - https://www.facebook.com/PitchInvaded Disclaimer: the views & opinions expressed on the Pitch Invasion podcast are solely those of the hosts. They do not reflect the views & opinions of their respective employers, affiliates or advertisers. Nuff said, let's get into it!