Oh, yo-yo, yo, what up, what up? Good morning. Good morning, GMG baby. Friday. Oh yeah, it's a green Friday. Thus for you obviously. Love to see that. March 14th, 2025. Look at that. Another beautiful day. I missed 2024, but for my own reasons. It's a beautiful day to have a beautiful day. I got my coat. I look, it's it looks. It's a date. It's just us. It's. A date today, Tyler. Tyler, good morning. How you doing today? I am good. The blood moon is behind us and
it's a green weekend. You know why? Saint Patty's a very big weekend in the city of Chicago. We died the river. Same here. So we're going a couple parties tomorrow. Yeah, fuck it, let's go. Me too. Fuck me. I'm going to go. I'm going to get lit. You just get. Yeah. Hell yeah. I didn't, because Montreal is the second largest Saint Paddy's Parade in after New York or something.
Like it's that big. Maybe less big now, but back in the days I knew it was known as like the second largest Saint Paddy's Day parade. Fuck. Yeah. We're going to pop up. Hell yeah. I'm going to text the boys. Fuck paddle. We're playing paddle on Sunday. I'm fucking. Let's go to the pub and send starts with AP2. I didn't know that. Oh hell hell yeah, I like. That all over pickleball, by the way. Yeah, dude, it Imagine calling yourself a man and playing pickleball.
I was talking about this with my friend, or I mean, sorry, under 60. If you're over 60, you have a bad knees. I don't want to blame you. I don't want to. So I didn't mean to shame this morning. It's funny. So I've never played pedal because I used to play squash my whole life growing up. So I was like 3 years old and then I retired when I was 17 at the top. You know, you got to retire when you're when you're hot. And no, I got into law school and then my life sucked.
But I, I'm a racket guy, racket sports guy. And I never tried Pedel, but I just love it because like the mix of tennis and squash, like face to face, I love it. Have you tried it? I've played, yeah, I know it's big up in the the suburbs that I just moved to, so I'm going to get deeper into it. So it's a. Little tolerant. Cashed out baby house in the Subs play Fidel, Wifey's got a new Range Rover.
OK, I made that up but. We're going back to reality because my kids are still finished in school downtown, so we'll we'll be back so you won't see this beautiful backdrop. I love it. Dude till the end of May. I got to send you one of the one of the faroque plushies there, one of those guys. I want it. OK, I'm going to send you one. I got I got I got to send box one for his kids. I got to send you one. Your kids are going to probably end up taking away from you.
Actually. When you got yourself a punk, did you have to buy wifey something like is that did that work out or do you guys share the punk? I'm. Not sure she knows about the punk. She doesn't listen to FOMO. Hour. Unless we're working in the same room, she's typically not listening. I love that. I I love that. Yeah. Vanessa just can can just hear me. She just can't hear you guys. Anyways, today on the show, you know, it's funny. Vanessa will check in on me sometimes.
She's like, so like, how are your coins doing? I'm like, you're fine, fine. Like you still have that much money. I'm like, yeah, yeah. It's no, actually it's less, but it's not because we don't have the money. It's just like we only lose if we sell it, you know, like, listen, like I still got my Sonic, you know, I didn't sell it. Like you get to hold the spot. I was happy this morning. I you. Haven't sold. I was happy this morning because we woke up.
I woke up, it was at the price where my last DCA was like $0.55 because after 50I I'm the guy that kept buying the dip and kept dipping. So it was it was tough. Anyways, yeah, everyone, yes, Yonder padel is Adele with AP That's it. Yeah, exactly. You know, rolling in the deep, you know, rolling in the deep. We love Adele around here. Anyways, I'll just show market report Tallis up 100. It's just taller. Nice. So we're going to fuck around.
So about some myriad markets. Let's go back towards the the markets. We didn't talk about the wallet connect stuff yesterday. We wanted to go deep into the numbers. So we got alpha for you today, so you could potentially make money on the show by catching this alpha. We launched a new Fear and Grid index this morning, Tyler. So let's talk about these markets. Let's fuck around with them.
Let's have some fun. And then and then we'll pick a winner and someone's going to win Cryptopunk today because we'll just give you the code right now. The code is greed rafflebot dot XYZ. The code is greed. And no, not after Dave Poitner, but after the fear and greed index market that was just open, which we set at 30 this morning. I think it's a good line, but we'll get to that a little later. Robert loot box playing blah blah. And as usual, this show is powered by powered by galaxies.
Galaxies is a Web 3 platform empowering creators and brands to build unstoppable communities with full ownership and independence, trusted by icons like Donald Trump, Steve Aoki, Mike Tyson and the NBA, shaping together the future of engagement and wallet Connect. Wallet Connect is the connectivity network shaping the future of launching UX.
If you've connected to Web 3 app, you've seen wallet connect the blue logo, it's everywhere and icon of trust in crypto is recognizable as Visa as check out once you learn more, follow Wallet Connect on X and Telegram to stay ahead on what's next. Tyler. Let's go right into this, Tyler on FOMO, our calls, the kids. Can yeah, we got some interesting headlines here for For starters, crypto majors are actually outperforming stocks here.
So majors are green today, despite what was a very bloody day for US equities yesterday. We hit intraday lows and stocks not seen since September 2024. So we are at about 7 month lows that stocks did open green this morning. It looks like they are maybe reversing here live as we speak. So we'll see how the morning goes. On a from a macro perspective, it looks like the US government shutdown is probably not going to happen. So that is a little bit of an ease.
The Ukraine Russia war seems to be cooling down perhaps maybe a little too soon to trust it, but progress is good and we talked about the Scott best of comments yesterday where he's saying that we can avoid a recession. So three pieces of good news there to give us some into the weekend looking at more crypto specifics shouts decrypts Sander breaking the news. He got the scoop, folks. Require as much Bitcoin as possible, according to an official in attendance at the
Crypto Summit last week. So we'll talk about that. The SIMD 228 vote. This was the vote to reduce Solana inflation, folks that failed to pass. Oh no. Issuance will remain the same. I think that that's a little bit surprising. I am surprised that it didn't pass. We saw Trump's world liberty five. They bought $100,000 worth of say on Thursday. I think that was their first pick up for Say Circle, their US yield coin. US YC is set to launch globally.
This is offering tokenized yield as collateral with expected yields in the four to 5% range, which would be pretty competitive. At the same time, Blackrock's Biddle token, similarly backed by U.S. Treasuries, has passed 1 billion in assets. So that is seeing some pretty big success. Senate Banking Committee approved the Genius Act. That's the bill aimed at regulating stable coins at the
federal level. It's now on to the Senate and Coinbase. I think we made sure this at the end of the show yesterday, Coinbase announced that the base ecosystem group will launch on Echo, Kobe's Echo power, the future of start up investing on chains. That actually is a very cool use case for crypto. They want to get into that a little bit in tokens and protocols. Marriott launched a new integration with Wallet Connect yesterday with 150,000 WCT
tokens up for grabs for predictors and questers. 5 new markets. We'll take a look at those. Another new money market launched here this morning as well. Fear and Greed Index over or under 30. So that's going to be a fun one to sweat. Hamster Act came out.
Maybe their hand was forced share some stats from the first month after that's we're going around 30 million transactions, 900,000 users, $1.85 million in revenue just for the top five apps on abstract, 10 million in Mt trade, not a bad first month. We saw Moon Pay acquire stablecoin infra firm Iron for $100 million. Telegram is what we don't really talk about the Telegram ecosystem that much. So their wallet has been updated to offer multi asset trading and
yield features. So that is a a story to keep an eye on. And then hyper liquid cost 1 trillion in terms it's a big, big number for them. So I think that is a a large milestone. Let's see rounding this out across AI memes and NFTS and AI virtuals announced its first virtuals ACP Hackathon $100,000 in prizes for those who built the best autonomous AI agent businesses that is Co hosted by base and Stanford so. Some. I love that. Nice. And memes.
Coinbase made a surprising move to list Dog and Me I. Know it was like 10 months later again. So that that thing 7X on the listing news. So that was big for holders. Sam Spratt, two big pieces in the news or three. He announced the winners of the masquerade, the mass all revealed. They open up at around A4 four and a half feet floor. And he also announced that the Mass of Lucy series is headed to the Toledo Museum of Art for this, which will be his first
ever art exhibition. So shout out to Sam for that. Wow, we have a lot to talk about this morning. So it's good that you and I, it's just you and I and that we have time. We missed Mando, you know, Mando, wherever you are, you know, I know you're living your life in, in, in, in, in Portugal, having a good time, you know, drinking Porto. Maybe he needed a break. Anyways, where do we even start? I mean we could quickly talk about market, but I don't really feel talking about market too
much this morning. I know about you, but just don't feel like it, baboon. 83 K 1900 a 128 looking OK, right? Looks like we bottomed or not bottom, but we keep bouncing the 80K of Tyler. Even yesterday during the show we were dumping to 80 K. We did not make it under 80K, so that's a good sign. Don't want to call bottoms not the type. No tops, but ADK has been holding so far. Yeah, it's an interesting one.
Taking a look at the market, it feels like everyone's kind of like holding their breath, like waiting for something. Yeah. Yeah, kind of, you know. I will say it, it felt like crypto was going down ahead of stocks, and then when stocks started going down, of course it's going down too. Along with it, I am happy to see some relative strength here. Bitcoin holding up pretty well at this $83,000 level. It's near term against what again, what has been a bad day for stocks?
And I think that it, it really is starting to hit people like when I go to social gatherings, like when I'm, when I'm talking with friends, even my wife who doesn't really follow markets on a daily basis, like she's saying like, are stocks ever going to go back up again? And it's. Crashing the stock market. So people are starting to feel this. You know who we got to ask? Because strippers. That's the index. Or we can ask the the you know, in in crypto is the other way
around. The the crypto version of strippers. Creators like you and I, when creators go back and get jobs, you know, I have to go and create a full time in the bull market. That's when you know, you know, there's a recession. Sorry. I mean, yeah, yeah, actually that's a good analogy. Yeah, I'm actually pretty proud of that one. But but yeah, strippers.
So if, if any of y'all single man or ladies want to go to strip club this weekend and ask a stripper if how their business has been, if the title has been booming, we're not a recession, we're good. You know, it's true. It's true. It's. I think that index was a was a leading indicator like I think it was. They were telling us this was coming. You shared something good this in the chat though on the market.
Then we can move on from the market because it's going to be a, you know, low liquidity weekend could go both ways. So we never know. And there's so much again, just trading headlines like we were talking about yesterday. But you said something with credit. You said that the polls, that was pretty good yesterday, yeah. I was trying to find that. I found it. I found that. I got it, yeah. So this is our this is our daily helpium.
Welcome to the next segment of the Daily Hopium presented by Tyler. This is not my area of expertise, so I am taking this this post at surface value here. But basically what they're saying is the credit markets are typically the first markets to signal that a downturn recession is coming. And then when you look at the data you Scroll down here for, OK, it actually looks like the implied probability of recession is the lowest in the credit markets of all these different markets.
So it, it looks like in their terms that this is a, a broader perhaps overreaction for equities and other asset classes than it is in credit. So the credit markets don't, they're calling this bluff. They, they, they don't think a recession is coming. So you heard it here first, folks live from Jeff Dorman. Let's go Mr. Dorman, let's see who Jeff Dorman, 81, is. So he clearly be his CIO at ARCA Archives, an investment firm offering special money, blah
blah blah. He's ex Lemon Brothers, Merrill Lynch, Citadel digital Assets investing, former CEO of Harvest Exchange, blah blah, huge Cleveland sportsman. Is that bullish or bearish? Oh shit, I don't like that answer. So let's not, let's not ruin the whole PM say let me post this broadcast link. FOMO, our FOMO, our intern is the offering to sacrifice
himself for science. So from while we're intern, if you want to go to the strip club this weekend and and figure it out, I'll I'll give you 100 bucks. Here you go. You want to you want to just out from while we're internal, I'll give you 100 bucks and then is that enough? I don't know how this works. I'm not going to lie with inflation, is that a lot like what's the required amount minimum that you need to walk into the strip club? I don't really know them.
Tyler's definitely looking up. Wife is definitely in the room right now. Right, so all that stuff. All right, so in other news, Tyler did it. Where are you going to go today? There's I feel like there's been quite a bit. Yeah, let's start with the decrypt scoop. Yes, let's do it's been I just don't want to say something about this.
It's so awesome because ever since we got the hard pass, I'm glad that we made, you know, Sander Blotz, our our White House correspondent on the crypt side, because he's just sucker such a great writer. I mean, if you've been crypto long enough, you know Sander, because he writes some of your best, your favorite articles. And if you don't like, you should definitely follow him because he only has like 2000 followers and like everybody should follow him.
I'll share his his account on the screen in a second, but he was crazy. I'll tell her now that we have the past, everybody picks up the phone, you know, and it's really cool because it allows us to have more access and also like get these scoops that he's getting and, and it helps because it's really good news. So anyways, take it from there.
Share the news with us. It it really is a big deal like our our literal Co workers have a Direct Line to the White House. So we are sharing real crypto news in real time from from some of the biggest powers in the world who have a huge impact. So this scoop here live from our colleague Sander. A White House official revealed that the Trump administration is aiming to acquire as much
Bitcoin as possible. I believe this is coming from Bo Hines, who is the executive director of the presidential working group on digital assets. So he made the statement during a closed door round table with some of the crypto industry leaders and he basically compared it to like EU s s desire for U.S. dollars. And it's like like we want dollars and like of course we want Bitcoin as well.
And they want to figure out ways to do it that are, and I'm quoting budget neutral that don't cost taxpayers a dime. So I think the more ways they can figure that out, the more paths they will have to accumulation that actually get approved by a bipartisan Congress. And this is one for me, the signal I'm taking from this is
actions speak louder than words. And this seems to be a continuing priority for Trump, even though it it may not be something he's talking about on a daily basis, it does seem to be a priority. We're seeing some other actions that that are in line with that. So another piece of news from yesterday was the Treasury Department has already met with several major crypto custody firms how they would secure a
strategic Bitcoin reserve. So these are the types of conversations you have in advance of actually putting this in place. That's a huge positive. And then we saw earlier in the week, Cynthia Loomis, of course, she reintroduced the Bitcoin Act, which authorizes the government to buy 1,000,000 Bitcoin over five years. So I don't know if that's going to pass. I think certainly we'll have to this more budget neutral method that Bo Hines is talking about, I think has a much higher
likelihood. And if that's via mining, if it's maybe via selling gold, I don't know all the options on the table. Selling gold is a little tricky here because from a macro perspective, gold is outperforming. Gold is at another all time high at $3000 an ounce yesterday. So gold is. That's crazy digital. Gold right now. So a gold unless you sell the top. Sell the top on gold. Perhaps what will be the the rallying cry, but more more hoping for a Friday.
Now look at this gold chart. I see everyone's trading. I saw some of wow this is a beautiful chart. Jesus Christ what the hell isn't Bitcoin supposed to look like that? I guess Bitcoin zoomed out does look like that, so we can't really complain, right? Like when you think about it, if you zoom out on Bitcoin, well,
not like that like that. I meant I meant on the yearly, you know, like on the yearly Bitcoin chart, you know, if you look at the yearly Bitcoin chart, you know, but if you look at the really Bitcoin chart, you could believe it goes back to 69 K, So I'm just going to zoom out a little less. What's the? Three-year. Chart let's just go to the year a weekly. There you go. That's a nice chart. See that's a proper bottomed out weekly chart. You know, knock on, knock some wood.
But anyways, you know what, as some traders, I was silver. I mean silver also is like oh wow it ripped. Wild. I wish you could just can you like long these things on like? I wish like, for example, like you could log in like these changes like gold and silver, you know, look at this, isn't this beautiful? Isn't this a cup and handle Bang Bang? Looks pretty good. Silver, it's almost time to sell your your chains in your in your, all of y'all.
I know you have like special gold bricks and silver bricks hidden in your cupboards in your bedrooms. So it's almost time to sell it for Bitcoin. Anyways, what else did we have? What else? Do we have custom we should talk about, NFTS we should talk about? I wouldn't work there. Let's do a couple more macro stories and then we'll do it deeply dive into some of the NFTS. So I this the circle coin is very interesting. This this US yield coin here. I can send you the the press
release on this one. So it is so Jeremy Lehrer shared the news yesterday. USYCUS yield coin, it is set to launch globally. They got some licensing approval from Bermuda, the Bermuda Monetary Authority. So I think that's where this is effectively going to be based and regulated, but they'll be able to launch it globally from there. The the idea behind this is it's a tokenized money market fund designed to provide investors with blockchain based yield bearing asset primarily invest
in short term U.S. Treasury bills and they're highly liquid assets and the aim is to offer stable returns. And the yield we're talking about here and we don't have exacts, they're not like advertising yield numbers as far as I know. But typically this this type of a product would return 4 to 5% so.
I. Again, the reason this matters is if you're thinking about holding USDC like you're stabled up. Now you've got US YC as an option, right, where you can be still fairly stable capture 4 to 5% yields and of course on chain that there there are ways you can get higher yield than this, but you have to this is
interesting. This is more interesting, I think for folks who are, you know, if, if there, if we get to a situation where you can get higher yields than you can in a money market account, you know, this is where you could perhaps attract more capital on chain and capture a slightly higher yield. So you think it's it's big and we're, and we're seeing more growth here, of course, and BlackRock doing the same. Their, their Biddle token is, is
fairly similar. So I, I think we'll, we'll continue to see more and more of these and just it's a way to bring more capital on chain, which which is a win, I think for all of us. So that was a big piece of news also that this Coinbase announcement. Let me see, I'll send this to you. No, I got it. It's the Coinbase echo thing, right? The reason I think this is cool, maybe we it just kind of comes back to a broader conversation about Echo, but like I'll just read the TLDR from Coinbase.
The future of start up investing is open and on chain. By becoming a group lead on Echo, the base ecosystem group led by Coinbase Ventures will unlock broader and more dynamic capital for builders on base. And a common question or common like negative sentiment around crypto these days is like, so like, what have we built this cycle? Like? Like what what is crypto doing? Like what does it have to offer the world?
And access to start up investing is very difficult for the normal person to to have to find to find pass for it. And Echo is is providing that. Right. There's a chance to, to get in normal people have a chance to invest early stage rounds for companies. They can do their own due diligence. I think going through echo, you feel like it probably has some common endorsement already to some degree. And now we've got more big players kind of like signing up,
endorsing on their own. So I, I think this is a huge positive and, and one that gets overlooked a lot by all the the folks who just love to be negative and say we've, we've got nothing to to show for the last four years. I think this, this is a great product. Yeah. It's great. I'm definitely exploring it, just looking at different areas. I know abstract as a syndicate on there too and they've used it to raise small capital, like up to like 100 to 50K for some of
the projects, etcetera. I think Red Guy originally had done a small echo around and a few other projects. So it's smaller now. You have obviously this is it's not new, right? There's a lot of like stuff like that, like I've heard of Legion and a few others, but Echo is like Kobe's thing and I think echo could it's like they all have their different ways, fees, etcetera.
I've been looking into this a lot lately on the myriad level, because I'm like, how do we make sure that it's the most democratic way for everybody to have access to a really cool product that's like buy CT for CT like that, You know what I mean? So it's like some I, I look into it every day. Actually, yes, I was talking about it internally as well again.
And so I, I think it's great. I'm a big fan of Echo, also a massive fan of Kobe, but I, I think it's, it's, it's a really cool way to like just raise capital. It not only is it good for companies to raise capital, but also it's good to democratize access to, you know, your investment to people. But what is yet to be proven is are those people long term holders or are they just going to like sell the second dev chance? So I'm really curious over a long.
Time. Yeah, so you don't know yet. And that's not an echo, right? You just don't know yet what what how they're going to turn out. So I just, I just love that. I just love the idea of crowdsourcing. I mean, remember back then like all these like Kickstarters and all that stuff, like it kind of that's kind of like how it all started, except it never came
with like equity, right? It's like, oh, you got, you're going to get your like you Kickstarter for a watch and you get just like a watch, you know, now you get tokens and maybe one in, in equity in, in in some cases here if you're a credit investor. So I like it. I'm a fan, I'm a fan. I love that. I can't wait for a day. You're able to just raise a fuck ton of money on chain and actually give out equity
straight up, right? Like NFTS were a good first way of getting money, but obviously for securities purposes, you couldn't just give out equity. You can give out tokens in the form of ERC 720 ones, let's say, or 11:50 fives, whatever. But this is the next version of that. I think Mega ETH did it pretty well. They raised what, 10 + 1,000,000? And then they raised through their NFT, which is an SBT, but it's going to have a allocation of 5% of the total token supply
across different NFTS. So the fundraising world is changing yes, in a drastic world, a way and I fucking love
that as a founder. So I I'm just trying to I'm I'm cooking, you know, I'm trying to find ways I'm generally trying to find cool ways to approach this for Marriott in our company in a way that many people can participate because, as you know, like our the token allocation is going to go like let's say quarter of it to like rugged radio holders, the genesis NFTS, but like I want to find a way to also bring in more
people and also the on echo. It's a good way to to market it's free marketing in a way, right, because then you have all these people riding like piling up behind you. So it really reminds me of NFTC then a lot very well fundraising world back to ICORI. Yeah, like I talk about this a lot also behind the scenes, like we and I think a lot of people have shared this sentiment online.
I almost think we're going to go back to like an ICO stage, like bring back IC OS now the regulations being like loosened up and we have framework coming, but like not the scummy way. Like a lot of IC OS were super scammy, like E OS and all that shit. What if like there's an ICO that is like really well done with the proper product and the proper team Tyler like that could forever change. Like I mean, Ethereum was an ICO. What am I saying? Like like arguing with the most
successful ones. It's going to happen is TRICS what $0.15? So if you got an easier my scale, you're still good despite right now I know the ups and downs. We're like, yeah, you still like you still money right? Like I know I was talking to someone yesterday bro they bought a half $1,000,000 of ETH at a dollar. Yeah, that's insane. Yeah, that's fucked, but I don't know I. I think this is real true. I think this is something we can be really hopeful for that under.
If you know your pain thing, you were excited about pain. Sorry, I think it was like you were saying about pain, right, but imagine pain, but like with the company that's like established with a proper product that's been launched, and that's you know what I mean? Like imagine pain, but like with us, I'm not saying we're going to do it, but just imagine like I'm I'm just kind of thinking out loud here, So don't get overly bullish, please fear holder for your partner.
Maybe I don't get overly bullish and excited about what I'm saying. Like here is like baroque the creator talking rather faroque the founder. Like I'm just like thinking like just imagine on that level how cool that could be. I think it's coming. I think we're we're going to get the regular clarity here in the next one to two years. And then I do think we'll have another ICO era and hopefully with the, the framework in
place, we have better outcomes. So I think it's one that the the biggest it's like almost like North Star is not the probably the the right word, but I think it's one of the bigger new products slash verticals to to be hopeful for. Yeah, I agree. I totally agree. I'm I'm, I honestly like for me, like you would ask me like what if someone was to ask me like what excites me most about
crypto right now? This isn't like it's just building apps, but also like how to like democratize access to those apps cause NF TS were the way and actually kind of want to stay with NFTS. Now that we're talking about like I saw Wally's post, like NFTS were better than meme coins. I agree with this because we talked about this already so we don't have to rehash, but like believed in something. It was a cool way to like outsource, you know, brain power funds everything.
Rug radio would have never existed. You and I would never be hosting this show if it wasn't for NFTS because literally rug Rito started as an NFT men. We minted out 19,000 NFTS at .11 each and then the rest is history. You know what I mean? So if it wasn't for that, like none of this would have happened, none of it, no myriad, no decrypt merger, absolutely nothing. And I find that amazing, you know, in essence. So I don't know, bring him back. Speaking of which, NFTS aren't dead.
Tyler, you've been sharing some stats. Abstract NFTS, abstract NFTS. Those are killing it. Masks. I want to talk about masks. Gorgeous. Shout out to Sam Spratt. I was in there when you guys hosted him, but big fan of his art. He's a fucking cook. Those things are selling like 4 E three said.
So let's let's recap me like what's happening in the world of NFTS these past days, because I'm seeing all the usual suspects tweets about NFTS, Beanie Arctic, you know, Danny, you know, Tyler, everybody's tweeting about NFTS again. I love that. Yeah, I mean, so the crypto punks have had an another nice week and we saw a hoodie punk move, saw a few move in like the 50 to 60 ETH range the last few days, the four holding up at 38.5.
So it is underperforming bitcoins because the Bitcoin to 8th ratio went to like 40. Yeah, but punks are are definitely staying strong. I think the the biggest news of the week still has to be from Sam's Pratt. So the masks came out. They revealed yesterday along with all of the the the three winners announced here. And I'm starting to see these on the timeline and like Sam is highlighting, you know, some of the masks one by one. I'm seeing a lot of. They're so nice.
Seeing a lot of the skull holders share theirs. I don't know man, I'm biased. In disclosure. I've got two of these so I I was in there. So I market bought 1 yesterday. I tweeted it out this morning. Go take a look at the one I bought. Damn. It's growing on me. You bought Athlite and I was, Yeah. Oh, I saw this. I didn't see it was you posted it. I was like oh wait this is nice and it's like kept scrolling. So I'm a fan. I'm biased. My well, was I hoping for me?
He was, I was chatting with Anonymous and he was comparing these to grifters and he thought that the masks would be a stronger collection. And now that we have them, I I think. What's the? Collection, and I think the masks are This is not a diss on X copy. Of course X copy is a legend. He always will be. Don't do that. But like if I think if you compare these on an individual basis, I I think the people will prefer the the art on the mask.
Can you help me find the collection on open See I want to show it on screen. I only, I only look at it on on nifty because that's. I know it's just taking forever to load for me, I don't know why. Oh, there it is. That worked. Yeah, so there's so Roger Dickerman won. Shout out to him, Ikaitza and Pablo music. And they each got, you know, the winter masks. Do I go to marketplace? Is that what it is?
Yo shout out to Nifty Gateway because all the other marketplaces closed doors or like that or like pivoted to something else, right? You know like Maker's place like a lot of known origin shut down after Santa eBay. Actually they got nice exit liquidity there. Super. I think now it's really just focused on private sales. If I'm not mistaken, they did the good vibes club collaboration.
Actually, we should talk about that too because that was cool pivot, but Nifty Gateway pivoted to something like this. And I think this is a great pivot. Like in the hard times because NFT mark art marketplaces got decimated, you got a pivot. And I thought this was a honestly stellar pivot. So I want to shout them out because that was smart. And people may not know like the the mechanics that were required for the the masquerade. So you had. So that was an incomplete mask
actually. So this is a person who didn't complete their observations. And I guess my read was the incomplete masks were going to be bad. And then of course Sam isn't going to do anything bad. So like they're actually pretty awesome and actually like some of the. Incomplete. I love the incomplete mask because it stands out right. But no, I want one man you. You better F and buy one.
This is all I'm going to say is like I I've seen, I've never had things that you bought over the last six months. Shut up, Tyler. This is better. This is. This is the the best art collection to drop in 2020. Wow, they're beautiful. How many are there? 613. Man, I love the incomplete. You know my ass's going to buy an incomplete, Not bats. Get out of my you know what bats. What are bats? Cats coming out, dude. That's a good question.
Yeah, why don't you go back and launch Bats, Cats instead of trying to get me to spend $4000 this morning? Closer to 7. 113 I see the I see why you're comparing the grifters, because you it's not from an art perspective. It's from a a supply artist all that stuff in a bull market. I don't see why these are not trading at grifter prices. By the way, if we're talking trading, I know we're trying.
Let's separate art from trading like the trading side like right, I agree with you on that front and from the art level man, this is fucking gorgeous hold great. I love the incomplete. On getting one of mine hung for the new house. You should get a physical 3D printed. Yeah, you got to find the best way to do that. Or you get like a wood Carver like wood got like a proper woodworker. Probably takes time to make it for you.
Also, from a utility perspective like there, there's probably something else coming like this kind of how Sam does things this is. Sick. Is that a real mask? Yeah, yeah. I haven't seen, I haven't, I haven't gone through the whole collection. Yet, where do I, where do I see the listed ones out here? I'm not going to. I'm not going to buy one on the show. I'm not going to buy one on the show. I'm not going to buy one on the show. I'm not going to buy one on the show.
I'm not going to buy one on the show. I'm not going to buy one on the show. OK, I'm going to wait a little bit. OK, OK, I didn't realize. OK, 8. 4000 dollars 8K not bad. So there's there's only one under 85. Didn't actually. It's $9000 for it pretty much because yeah. Wow. I love the incomplete Tyler. I don't know why. Who would have thought the incompletes would hold the higher floor? I was actually worried they might like weight down the floor but.
You know why typical like behavior like, oh, it's incomplete, it's special. Like the the reverse psychology thingy, you know, like there's. Less, you know, but I, I want to pivot back to the one-on-one for a second, then we'll come back to the mask. So the one-on-one, the actual one-on-one piece, right, which is going to be this exhibit in Toledo along with the masks. So part of like what Nifty gateway had to do all those observations.
So everyone who got a mask had to make an observation like they had to select a part a a physical spot on the one-on-one to leave their observation. Then they had to go and leave 3 replies to other people's observations. And then they had to come back and add like a final conclusion observation to their own. So. So that's what made this such an interactive piece that was all captured on chain. And. That's like those comments will be viewable.
So I don't know exactly how it's going to work at the exhibit, but in theory as people are are looking at the one of one, they're going to also be able to like read through people's comments, which kind of. Acts. Hard itself. So I think that's pretty damn cool. And it's also pretty cool to think like that the masks that we own are also going to be. Bro, sick because Toledo did the Atreta last time. Love you. I'm a huge fan of the Atreita's
art. And now they're doing, they're doing it was Sam. I'm trying to find the original, the one of one you're talking about. But Sam has had to retweet a lot of people these days for the better. But so it's going to be hard to scroll through his page to fight it. It is. Hard to well. Where did Tyler go? Oh, there he is. Wait, what's what's going on here? There we go. OK, fix quickly. The code is greed Raffle bot. So someone asked how do you win
a crypto punk? You go to raffle bot dot XYZ, raffle bot the XYZ, the sign up shit, and then you hit and wait. Did you see that, Sims? We just switched to underexposed branding. It just happened. I don't know, but I didn't click anything. Me neither. Literally it's all blue and there's no more sponsors on the bottom. That's so funny. Look, this is all blue. Hey, we switched. I don't like our our stream yard just switched to the underexposed.
Yeah, look at that. Welcome to another episode of underexposed. This is your Co. This is your host. Tyler did it. I'm joined by Jeeves and Peter Jennings and Deese. Let's go. Anyways. Wait. Even my screen stops sharing. Hold on. This is weird. Hold on something, dude. The skulls, dude, I'm telling you this. They're alive, bro. Dude, it's the skulls, man. The skulls. There's more to it. There's something going. It's Chris that just all started with a free skull.
You know the whole, you know this back story, right? Of the skulls of Lucy? I don't know if I know the the the origin. This is a test for you. OK, I'll tell you. I may, I may botch it. But basically, you know how he had like his first pieces of of super rare, like it was a few pieces that were one of ones Basically every single person who bid on his one of the pieces got a free version. Got it. It was a thank you. It was a token of appreciation.
And it was just calls, calls of Lucy and those went to are now like $200,000. So it was a free, it was a gift as a token of appreciation from Sam to his collectors for
believing in him. So even from the first bid, So from the guy who bid $15 first on Super Air, literally to all the way the person who lost the bid to the person who won, he gifted them all calls of Lucy. And those are the ones that I don't know how much they are now, but I know people they were like, you know, in, in the sixth highest, like, you know, 2300 grand. I I remember OV bought one for like 180 K or something and there's only 49 of them.
Oh there's only one. First time it's $2,000,000 so you can't even buy them if. You want? Yeah, they're totally liquid. Yeah. And then the IT went from skulls to the player cards, which was the last kind of interactive event, I think back in 2022, maybe it was 2023, but but there was no events in 2024. And then the Masquerade. Yeah. So. So this is shout out to Matt, shout out to Sam, shout out to Sam.
Man, honestly, he's just always pushing the boundaries forward on the I saw this post about how he also just had a kid. You know, he did this whole thing while having his first born seven months. Like the whole process has been like building while like he's had to like obviously raise his kid. As quickly, he also, he did all 613 of those masks live during the mass grade, which was like a
two or three-week period. And I think there was some questions headed into it like, OK, like how much time is he actually going to be able to devote to each of these pieces? I think everyone is pretty damn happy with the results. So he clearly read everything and designed the mask like one for one. So really, really cool. Wow, this is this is this is great good for Sam speaking. I mean let's let's tell the topic of NFTS. You know, we have the art side and then you have of course,
this is art as well. But Speaking of good vibes, I mean shout out to good vibes clubs guys. I mean look, I didn't I didn't get to mint it and I I saw they made me an honorary and they shipped it to me too. So I really appreciate that. So I just want to really thank them on the show. It's one of the better honoraries I've seen come my way, that is for sure. Let me share it here while I'm at it.
I wanted to share it before, but you know, I'm I'm scarred from 2021 like every tweet, honorary shit sells out. It goes up, it goes down, then I get blamed for for you know, fucking pumping, dumping the thing. So I do want to share it now that's sold out and already went to X Yeah, it is. It is. It is really nice. This is my honor. You like it is like it would. Be like a good little bobble head. I kind of want to make it IRL.
It's like a with a wax figurine or something, you know, like that, you know this like it's really nice. And I think it's either that or someone sent me a mint and I just saw it revealed. So this one right? Is that rare? I don't know. It says send it. So it's very on brand for me. You could argue it looks like me just needs a pipe. So there's that one. So these are doing good.
Tyler, did you follow that Mint? I I missed this one but I've seen a lot of folks chatting about it on the timeline and I think it was 2X for mentors roughly at these prices, maybe more. Good for that, man. Look at the training. It's good. What's up? I don't know what it meant to that, but they're doing good. The people seem to like it and it's appears this was a collaboration with Super Rare, right? Oh OK, I missed that aspect.
Yes. I'm yeah dude so look super rare so oh man the Internet is so bad. I'm so tired of this man Sorry we just paid so much for telecommunications in Canada and stuff. Shitty Internet. I think this was a collaboration with super rare if I'm not wrong. Super rare good and if there's always someone in the audience to correct me. So it was a porno 69 mint Damn boy. One O 1 revealed. Look at that. I think it was a super a collaboration. And this is a super a sweater in
there, which was really cool. I see there's a super a hoodie here. I can't wait to see myriad traits when NFTS are back on people's collections. Last cycle was crazy. Everyone would do like Rugrato traits and stuff in the stuff like a fur oak trait in the collections just like that. And I thought that was really, yeah, it is a super a collaboration. Thank you, Lukey. I appreciate that. Yeah. Yes, people seem to like them so they're having fun with it. Good vibes, literally.
What is it at point see I one thing I say I know open C now is all in dollars. It pisses me off. I want to see the price in ETH. I'm used to seeing. What's $263? I don't know. It's like .13. OK so it's two XI think it was even .2 at some point so good for them. That was nice and you told me how rugs are doing good. I don't even know I don't I. They're the they're top three mover on Blur. I checked this morning. People still use blur? I I still do.
I haven't swapped over. My muscle memory hasn't gotten me to open C yet. Oh wow, good vibes Club is first here. See open C should really list an ETH. Man, I really think we should denominate an ETH and not dollars like I like when the dollar sign was in dollar in parentheses. Yeah, we'll text Devin. Filter by one day the third column. One day we were top mover, then nice Yeah good good shit. People should be buying Rugrito NF TS. I mean, I I think I'll need some
alpha earlier. So trying I'm just so fucking locked in. I mean, I know, you know, we're all locked in, but yeah, I mean, those are good, but it's a slow cook, you know, like just take your time, you know, don't don't don't buy our NF CS thinking something's coming tomorrow, because it's not. We're going to really be taking
our time. I've been getting all the questions lately, Ty. Like when token, I'm like when time comes, you know, when time comes, you know that when the time when time first, like I said on the show, I want to show that we're capable of driving significant revenue volume to myriad. Speaking of which, shall we? Let's get into that. Yeah. Let's take a look at some of these markets. Do you want to start with the new money market you.
Want to start, let's talk with Wallet Connect because I knew you did the research that to all connect our, our partners. And then I want to talk to you about what I was talking to you and I went back and forth on time about how this is such a good advertising model and I freaking love that. So why don't we start with the Wallet Connect markets here. Just so you know, we already have 1500 people in the leaderboard predicting, sorry, 1556.
So we picked up like 60 people are in the show that are predicting all that to win a total of 150,000 wallet connect tokens. So, Tyler, why don't you take us to that? Because apparently you've done your research. And listeners of Underexposed would have had first access to this data. So as a part of our weekly update, I shared some of their. Numbers. So wallet connect growth in February, so wallet connections were up 16,000,000 from 240 million to 256. So if that pace continues, you
want the yes side of this. Now there's a couple factors to play, but. It's 36% down. March seems like a slower month so far. It's also a full 10% bigger from a pure number of days standpoint. I'm taking the yes. So yeah, just talking that through, I think I like the yes side on this one unique wallet. So this is another data point if you want to pull back. To the OK, so I took the yes because 36%. So that's these odds. If I lose 10,000 points, Tyler, you owe me 10,000 points.
Yeah, good luck. Good luck collecting that. Oh, you can't transfer these fucking points. All right, next one. All right, so unique wallets were up five point 1% from 38.7 million to 40.7. So do we have? So here the lines are 42 to 4442 all. Right, so this is total. Yeah. Let me let me see if I've got those. Give me a SEC here. Total unique active wallets connecting with Wallet Connect in March. All right, so they, they got to 40 million in February. Oh oh, see, that's the tricky 1
though between. OK, I'll take this. I'll take the easy route. I'll put another 10,000 points towards between 42 and 40. 4I think I went over 44. OK, what are the options on that one? Pull pull back for me? Let. Me pull it back for you here, here, let me zoom in for you here. OK. All right. I see where you're at. Yeah, those are. Maybe this was better 44 to 46. I'm going to also take that one. The beautiful thing of a production market is that you can take multiple.
I'm going to head you here. So 5%, if they keep the 5% growth, they'll be right in that between 42 and 44. So I think that I believe that is where I've been meant to go take a look at. Yeah. The other alpha I've got I think is on the stake on the staking. So they're up to 127 million WCT tokens staked? Which one here? Total WCT tokens unique stakers? That's 65K to 70K. You have a number, Do we have a total number of tokens on that? No, OK.
There's a Doom dashboard. The good thing if anyone's curious we have. We always link resolution sources because we have to. There's 64K right now. Got it. So oh the IT goes to 70 though. What's the growth rate? Yeah. So you need 10%. I'll take this. I'll take the easy route here. I'll take that one. I'll invest 10,000 points in this one as well. I mean my points don't count towards the leader board so it doesn't even matter. I can just fuck around.
I'm not allowed to win. Who made that fucking CEO fucking Locksley? I'm not even about to predict in USDC. Bro this is. Both. I wonder you have the the Dune dashboard links right there. That's. Yeah, it's good, right? And then you have the growth rate of new apps using Wallet Connect in March, which is also in the report here that you have to read. So you know, like, here's it forces you. So here's I'll tell you why I like this.
So you made a post yesterday about this and I commented on it saying why from a media angle, I really like this. And if you want to, if you're listening right now and you're trying to partner with us, or even if you're a, a consumer, a listener, a participant, I was, I was breaking this down yesterday, I truly believe. And I was talking to this on the phone with Elaina Locke this morning because we're so excited. We talk all the time about this like I, I think we figured it out, Tyler.
I think we generally built the perfect flywheel for me to company. I genuinely believe this in my heart of hearts, 50 years in this business, I think for the first time of my life, I found the best thing to sell because think about this, we sell partnerships. It's no secret that as well connects to the sponsor of ours and the partner of our company, right? Clearly. So this is a paid activation, right? User gets a chance. The user, the user always eats last in these in these in these
partnerships, right? It's usually like, oh, the creators make money, they shove adds down people's throats. They make actually fuck all in this, right? This time around, you have the user gets the chance of getting tokens, rewards and prizes and participant in ecosystem. So even if you don't even win the leaderboard, you didn't get tokens, you're going to get points, right for for for
participating, right? And down the line, hopefully does he make token ecosystem where you're going to be able to get rewarding tokens from Myriad, right? We generate revenue. So therefore the company is able to be sustainable, build Marriott, etcetera, because it costs a fuck ton of money to build what we're building. And so we also get users because we tap into wallet connects user base. And you saw it's massive.
So when with when they share our stuff in these markets, we also eat some of their user base, which is great. And then wallet connect, the client is happy because one, they get more users, but also they get proper advertising. And it goes back to this number 1500 people that are doing the research on the market, which is what you brought up to me yesterday in your reply saying like people actually like dig into that. So I think it's so, so good.
Yeah, you're, you're getting a, a better connection to the end user because they have to spend some thought power. I'd like they have to do a little bit of reading. They have to dig in and understand, you know, what kind of momentum Wall Connect has. And then in, in theory, ideally you get a, a a percentage of those users who didn't go down the rabbit hole and, you know, learn, learn a lot more. Yeah, Yeah. I'm a big fan. So we're going to be replicating this.
And the beautiful thing about this is, so this is a 2 month long market, but it doesn't have to be 1 at a time. So we're going to be replicating this model across the board with so many different companies and brands, but also like community markets like we did Red Guy and Pudgy. I'm excited to run the Azuki one finally. I'm excited to run like all the different ones again and again. So it's really good and the product is amazing.
Speaking of the product, Tyler, I know we're short on time, but let's talk about this. USDC markets real quick yesterday and start with the F1. So yesterday, yesterday night for us, which is morning in Australia, was the F1 Leclair. Oop, I'm sharing the wrong screen. Leclair scored P3, Hamilton P12. This bet is on Ferrari's the podium at the 2025 Australia GP. You only have until 5:00 AM E UTC tonight, so one more round of of quals to put your prediction. How you feeling?
Are you on that one? I am. I'm on, yes. My read is Leclair's going to get third. I think he's going to come in exactly third. I think that's how Ferrari podiums. But I will say if I don't feel like I don't feel great about it, 65%. So I'm I'm up like 10% on the bet, but I know at 28 as a soft hedge, I don't know. I need to think about that today. It's a decent odds just because they've gotten team and like it's a it's a new environment for them. Yeah, 100%.
Love that. And then the other markets quickly in case you got to drop at 11, we got 4 USAC markets now. We just opened a fear and grid one before the show last week. We're over under 27 this 25 this week. Fear and grid index at 30 or higher on March 18th. So that's one we're including Monday. Yeah, that's an interesting 1. So it's at 27 right now. Right now, Bitcoins up 2% today. It feels like social sentiment has recovered a little bit.
My read is tomorrow or tonight's reading will be at 30 or higher. So this totally depends on what happens Sunday, Monday. Like are we going to have another Sunday Monday sell off? If so, I like the under. If you think we're going to buck, that trend is probably the over and I'll say like 30 is the right line. So I meant to think about this one a little bit. I don't have a strong read on which side to bet yet but I but I'm I'm certain I will have
picked a side here. I need this Ferrari cash so I can get this my capital back. Yeah, hell yeah. The 30s tough man, The 30s a tough one because you know, clearly it's going to be higher. It's crazy like this was never this vaulted. It was 45, then 27. It's for sure going to be higher today above 30, but you never know. Like you get the Sunday, Monday dump and everybody thinks we're going lower again. So I love, this is my favorite market.
We're going to run it a lot. And then we have another market which, wow, whoa, people just slammed this yes holy Bitcoin above 80 K on Sunday. You're you're a Bitcoin quant got got in my ear. I got shaken. I'm on the under. I hate, I hate myself. Dude, I should have put said that line 82 now damn 82 would have been a bigger sweat. I think Bitcoin's pumping right now. Oh, look at this. I'm. Taking a lot to go sub 80. Yeah, that would take a while. And then the last one is a pump
fun one, but that ends right. This is not looking good. This is not looking good as pump fun revenue is significantly lower. But they just introduced chats, so maybe I pumped the coins. And hey, if that was the, but hear me out, Tyler. That was my thesis the whole time. If the market turns around in March and Solana's looking up to the 130 and the market's looking better and we get a few runners, two more quizzes. What's Puiza? I didn't manage to catch the dip
like. 33 It's like kind of chopping. We'll see if it. 46 What are you talking about? Wow, you were. Supposed to tell me to buy this dip. It hit the one I wanted. The last time I checked was was was more than two hours ago. Brother this is like the best chart in crypto right now bro like. That Let's go. They are big con beta. I bought the. Dip. I bought the dip again. I think it is Bitcoin pumping please. Pumping, see if tweeze would mark a high or low.
I I saw it at 32 yesterday when the markets were falling. I was like, OK. Tyler, I'm disappointed you didn't tell me you're buying the debt. I'm hurt because I had the capital this time around. I was like fuck it I'll buy like 1020 grand of this thing and just not even look whether it goes to 0 or not. I telepathically got you to describe Tweeze's Bitcoin beta and you're still bullying for for you.
Not you did you did fuck it's my fault because I had this chart open all day yesterday someone had closed it and I didn't catch it because that was a nice price to buy it. Congratulations and dip buyers. You really you could have caught like 30 mil easily. Wow this does look good. So listen this pump fun market is interesting. We're about to hit $100,000 a volume. We our first marketing 100K actually Bitcoin one what we're looking at 7000 traders almost so some good numbers here
married markets. Pardon. 500K this weekend. Yeah, we're going to hit five $5000 this weekend because this one is just picking up like it's only $4000, but this is going to hit $100,000 volume probably so and then we're probably going to launch more markets, which is really cool. So it's a. It's going to be a lot of fun anyways anyways, anyways.