Yo, what up? What up? Good morning, Good morning. GMG. Friday, Friday, Friday, Friday, Friday, March 28th, 2025. Look at that. Another beautiful day to have a beautiful day. I got my clothes to the house. Tyler Manuel, good morning. Good morning. Good morning, good morning. How you doing today? Good morning, guys. Yeah, not, not a great market. Obviously, like I said yesterday, it can be very volatile on these days, but it's more just down today.
Yeah, indeed, indeed it is. What have your people done? What have your? People. Done. I mean, your people. You're a guy. You're a force. Wake up. Hit the sell button the second we're about to squeeze the fucking bears, you know? I can't. Believe I'm moving to a third world continent sometimes you know it's not even third world country. It's like a third world whole ass third world continent. You know it's. Really tough living here. It's, as he said, eating his
salad or something like that in the sunshine. 22° today so. Yeah, it's -8 today. Anyways, Tyler, good morning. How you doing today? Nice background. Yeah, I'm good. My my son's school, they just randomly take days off. So there's off today. So we just decided to go up to the new house. I love it. Feeling good, It's Friday Bulls. I don't talk about Bulls games very much. Did you see the the ending today? Game was wild last night. One of the Wilder NBA finishes.
I don't follow the NBA. What happened? And the Bulls were down five with like 15 seconds to go. They hit two threes within like 4 seconds. The Lakers went down, scored again and then the Bulls player hit a half court 3 buzzer beater. Oh, I'm looking at it right now. It was all over. XI didn't know. I'm looking at it right now and. It's just a regular season game, but it was just a really fun. Ending. Yeah, but the Lakers are on fire. Oh, oh, nice.
Yeah, it was a good. One nice the Lakers like since that Dunstra train are fucking sending it, huh? That's all I know. That's all I know. That's all I know about basketball, the Los Angeles Lakers, but let's go Bulls. We like the bulls, you know, because we are Bulls and because Scottie Pippen, you know Scottie Pippen, that's that, that's our boy right there. That's all. But we're going to have to get Scottie Pippen on the show at some point.
I know he's launched like a lot of projects, but like we just got to get Scottie Pippen on the show. You know what I mean? A good just to say we got Scottie Pippen or anyway, so the other show market report, it's Grimm Tyler's top 100. It's Grimm that's the 100 there's some news we couldn't cover yesterday. We covered today. We got the homie from infinite objects come in quickly hit me up like yo, I got like a 2 minute news to share Freemint shape Alto.
I was like fuck it just come on. He's a good partner of ours whenever we do events, always giving us a bunch of dope screens. So he's coming on and then we have an actual show partner coming on as well after that. So packed show today. Oh it's gate. OK, we got gate coming. OK, cool. And then robot loot box bands. And then last but not least, this show is powered by powered by Galaxies.
Galaxies's 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, but also also Wallet Connect. Wallet Connect is a connectivity network shaping the future of all chain UX. If you've connected to Web 3 app, you've seen wallet Connect. That blue logo, it's everywhere.
And I cannot trust a crypto as recognizable as Visa checkout. Want to learn more? Follow well Connect on X and Telegram to stay ahead of what's next Meadow. I really need to know what's next. I need a crystal ball. I need to know if this is just a Friday dump into a Saturday pump. I got to know it all. Can you dig it? GM, everyone. So, yeah, not a great day today. We had we had some PCE inflation data which came in slightly
hotter than expected. And this is the Fed's main inflation metric that they look at. So it kind of probably delays any potential dovishness, let's say or it may not, but it's it's definitely gotten people a little bit more scared about that. In general, you see macro sell off here. You kind of have stocks down about looks like down about 1% or half a percent to a percent. Some of the major tech stocks
are not doing well again. But yeah, it's caused a bit of a dump across the board in in crypto. Obviously, as I said yesterday, today is a very volatile day. It's very difficult to kind of work out what is real and what is is just people playing with option expiries. And what that basically means is just so you're aware, like an option is a is a price with which you can buy and sell something at a future date. And this is, this is the final
day for some of those options. So people like to gain the price so that like they actually have made money on the final day that they can do something essentially. So you get often, let's say a lot of these were set up, I said 90K, there would have been a lot, but maybe a lot of these are set at 85. People might be driving it below 85 just until the option expiry ends and then it will snap back.
And this is important in markets where option size often is much bigger than the actual spot flows. So on quiet periods that can sometimes be the case and and people can can smash it around a little bit more than than kind of expected. But there is obviously some macro weakness there. It looks like we are underperforming macro. I would say this morning so far Bitcoin being down 3% on the back of that seems like a bit of
an overreaction. Tech stocks have not really not really been affected that much by it, if I'm honest, like down 1 to 2%, but like not not like getting hammered. And it looks like Bitcoin dominance is is going back up to 62% again. Yeah, damn. Because ETH is getting smashed in this in this process again. ETH has gone comfortably below 1900 again. God damn. Every time, eh? And that's affected. It's affected across across the border like Salaam is back below 130.
Yeah, Hype 13 1/2. I'm trying to think. We told Sonic's down about 7%. All the L ones are really down about 5 to 10% here. It's it's, it's definitely not a great day. Yeah, it's definitely not a great day. Indeed, man, Ethan's Regis gets keeps on getting smashed down. It's actually pretty wild we have. Yeah, I mean, that's the thing, isn't it? Like we always say, maybe this is the time for ETH and then and then three. Time, man. It gets it gets really bad like.
This, I mean look at this like Bitcoin dominance just looks like it wants to RIP higher. Probably will. Probably will. Yeah. Fuck it's it's actually impressive how aggressively it dumps. Like it kind of dumps like all the other alts now it feels like at least, yeah. Or worse, like the East chart doesn't. I'm not. Even trying to dunk on Earth. I'm just saying like it's like pretty aggressive. Nearly down. It didn't.
It's kind of at the lows of where it was, you know, when everything was getting smashed, which. Yeah, bro. Middle of the middle of the month. Most other stuff have actually has actually bounced more than that. Like slums at 15. It's now at 129, Ethan. Alts bounce pretty well as well, right? Ethan is kind of at that low level, so yeah, it's definitely not been the strongest on the bounce either. Yeah, OK, well, we'll see where life takes us, y'all.
We'll see where life takes us. Reminder, Liberation Day is around the corner. Imagine like April first. Like they go psych. Just kidding. The tears were a joke. You know, it's actually ironic this April 2nd. I think it purposely didn't do April first. You know what I mean? Like that we got to do April 2nd or else nobody's going to take it seriously. But OK, look, we'll see where the market takes us. But right now, 8431291879 and all low far coin back to 470 mil.
Looks like we'll have another shot at that trade. So for those of you who missed it, clearly me, maybe, maybe we'll get a we'll be able to get Yeah Pepe down. Here I'm invested. I'm invested. I'm invested, yeah, but I'm spot invested, so I don't really care. You fully deployed or you? I'm not fully, but I'm very, but this time around, like I, I, I took enough to like really 'cause I'm moving right, 'cause I'm like, I want to live good, you know?
So like, you know, I want to rent a really dope place, you know what I mean? So we've been, you know, I like, you know, I'm deployed in a way that like I could chop for another, like, you know, I could chop for six, nine months. That could be very chilling, you know what I mean? Yeah. Yeah, like smartly, cautiously deployed, but deployed as fuck. Yeah. I mean, look, I, I thought I genuinely was, I guess I was wrong or in short term, I could be wrong.
I could be right tomorrow. For what it's worth, like you're saying, end of quarter, end of month, like everything's closing. I was actually under the impression that the market was recovering in a very positive way. So then I kept holding strong above 127 mark hundred 30s all week long. 138 could even break down for the last few days Bitcoin above 8888 seven even at some point I was convinced personally that we would hit
that 1992 K mark. I was really sure of that that was sure of. So I was obviously completely wrong so far on that. And I was, I was actually on ironically, I thought theorem was kind of like rock bottomed out at 1800, but we're back there. So clearly on the short term like weekly basis, I'm wrong here, but I don't know. I I was trying to feel more optimistic. Yeah, yeah. It looks like it's about to literally reverse.
It's looks really bad, Like it's not like we're trying to be like, fuck, I mean, Tyler, I guess you're in a similar boat as me. Like you and I were talking and what was it the day Mandel wasn't around? We're like, yo, we're cautiously bullish. I guess that's why it's Mandela. Cautiously bullish. But like, you know, I don't know. I'm surprised this morning. I'm not gonna lie. I woke up this morning. I generally thought going into bed where I would wake up at higher prices.
Really. In 2018, Heath got to around 1500, 2018. What? Wow. And we're there now? Pretty much. Well, we're 20% off, yeah. Yeah. So anyways, that was that was my outlook. Yeah, I, I just shared a, a video. So like it doesn't help that Elon is retweeting these videos of people calling for a short, deep recession. So I think that's the type of things that are spooking people in the markets, right? Like we, we talked about short term pain.
It seemed like we kind of talked ourselves into this last two weeks that maybe the short term pain had mostly been felt in the markets already. And then you've got the guy who who's leading, you can make an argument that he he's leading a lot of decision making of the administration. He's leading the cuts of Doge, posting videos that are calling for short, deep recessions. Is that? What that's that? That's the person talking. But he's explaining like what Elon is doing will cause a short
deep recession and. Then all I see is Elon retweets and upgrade your IRA to Bitcoin. It's it's, it's on this unchanged show and the guy's wearing an incredible shirt. It's already been jubilified and. Quite. But there there's like kind of hitting us over the head with these messages, right? And like I, I thought best sense commentary in the last couple weeks had kind of walked back from that.
But I don't know if these two are kind of butting heads to a degree about how much pain they want here in the near term. But it kind of feels like I don't think we're going to have a we're not going to know which way we're going to go until April 2nd. And then I don't know that we're going to get some massive resolution and we're just going to know for sure. But I feel like at least until then, we're just going to chop up and down. And then perhaps we'll know more later next week.
That's my current read. But it also looks like Mando's, you know, call that we're going to chop for six to nine months feels more realistic than ever held. We're already three months into it. Yeah, yeah. It's always, it's always like that, right? It's it, it's at this stage like this time around, I would genuinely think I was thinking more optimistic we'd squeeze and we didn't.
So probably the next time around I'm not going to believe in it and we're going to squeeze and go higher, but at least. But that's the beauty of being in spot, right? It's like, yeah, sure, I I, I'm down on all the soul. I bought the over the last week, but my muscle not like phased, you know, it's like, OK, like what in two weeks we could be back to like 150 bucks and it's like, OK, cool, you know, so spot so was good. But yeah, I believed.
I believed boys. I got pulled up last night too, like Ponzi trails. Like yeah, it's long, long. I'm gonna buy new cars like yeah, I'm gonna ape into a crazy wedding fucking 0 this morning. You know they they don't. That doesn't. Seem like a good converb. That's the thing that we were grinding up. We knew we had the options expiring today. It was looking. Good you. Know flip we could maybe flip green today but. Mando got us bulled up yesterday's like yo that Myriad
market line 89 K that's going. To what I said, which I agree, I just it wasn't taking account volatility and maybe volatility went down the other way. Today. No, no, no, no, that's it. You said like we're going to the millions, like I believed it at 90K. That was my trade, so my whole. Trade move is nothing. The whole. The whole screen I put on yeah, you're right, you're right. And you, you, you place it right because you're like, yo, it's just 2% to hit that market.
You know what I mean? It's like, it's like that's all it took. So anyways, it's we'll see where that goes. Look, it's Friday tomorrow. It could be literally the the other way around and that we'll be sold back. So anyways, Tyler, let's get to your topics. See what you got for us. But quickly the code today will give it to you right now is predict. Go figure.
Wow, what a big brain code predict raffle bot dot XYZ shit, I got into the box actually raffle bot dot XYZ The code is predict PREDICT predict is the code today if you want to have a chance to win a pudgy Penguin and or Oh no just or actually or crypto punk on FOMO or Tyler. Let's see what you got for us FOT and crypto analysis Tyler T on FOMO our cause the kids. Can Yeah, folks, crypto major's very red this morning with a near record setting $12 billion of Bitcoin options set to expire
later today. It looks like those might expire in the Max Payne zone, per QCP Capital. Below the 85K mark we have Ross Ulbricht. He's back on the timeline, teasing Silk Road 2 in a cheeky post yesterday on X Elizabeth Warren calling the stablecoin bill a grift and accusing Trump and Elon of using stablecoins to enrich themselves. So political divide there. Still in in politics, We also had House Majority Whip Tom Emmer slam that Wyoming stablecoin, effectively calling
it a CBDC. So we'll see who. Goes Tether is investing outside of crypto. They they had major investments in media and agriculture companies as they're looking to diversify and then the safe foundation going deeper into D side. They're exploring the acquisition of 23andMe after 23andMe's recent bankruptcy and perhaps putting the user's DNA data on chain. Oh God. We'll see where that one goes. Token AirDrop and protocol news we talked about Walrus said they had a huge day.
That token went to $0.60 and a $3 billion MTV at P. It was closer to $0.50 and 2 1/2. This morning, Jupiter Air dropped to their Ape Pro users 5 million JUP tokens. That's two and a half million bucks for those who've been using that app. Vertex officially launched on Avalanche as a new DEX for spot and perps with ABAX rewards for Deep by traders. Gunzilla Games also an ABAX is going to launch an ABAX L1, the GUNS network and their GUN token on March 31st going live on
Binance right away. Also a 4% token allocation to that Binance launch pool. And Myriad launched a new market tied to that Radium launch lab. We we heard from the the radium launch, one of the radium founders that this this launch lab was going to come in the next week. Bettors are are called in a bluff. Bettors were no on this one. I thought that was interesting. Also $1 million in in in lifetime action.
So that was a nice milestone to see in AI memes and NF TS AI market down about 7%. Not a huge surprise there. Meme coin leaders down again. In line with that, Ghibli was the story again of the day. It reached $40 million, a peak, a new all time high after crack enlisted it, and then also a controversial White House tweet style. We may have to talk about that in a. 2nd we have to. Balk's getting into the art game, folks.
Balk Acquired exchange art with the goal preserving and elevating Unchained art collect, so I didn't have that one on my bingo card for the day. Taproot Wizards. They finally minted out their collection point 0.31 Bitcoin was the final resting price that actually went under my over under prediction, but still a very strong result. Doodles unveiled their Dreamnet as a decentralized protocol for building shared story universes powered by dude.
It's kind of like a a virtual AI platform, but in the doodles verse. Yeah, that rounds out the headlines. OK, OK, OK. I, I, I love that There's a lot. Should we start with this White House thing? We we can if you want, yeah. I mean, we don't have to go too deep and get all political about holy shit, I, I had to get a second take to see if that was a real White House tweeted that the Ghibli, the Ghibli, God damn it, Tyler Gibby Gibby's got in my head. I mean, that was wild. That was it.
Is it gone now? Oh, they just tweet a lot trying to find it. Yeah, I caught a lot. Is it gone 15 hours ago? So they so take me through this. So they. Yeah, there it is. Oh my God, that's crazy. So, so clearly someone at the White House is at least plugged in to what's happening with open AI and, and the O4 model and the Studio Ghibli viral trend that took place. And they, they opted to make a giblified image of this woman. Who the the back story here is
she was arrested. She's an was an illegal alien arrested for fentanyl trafficking, was deported from the US illegally got back in the US and was arrested at the Philadelphia airport and they gibble find an image of her being arrested. And I, I think a part of the negative reaction to this, there's there's multiple reasons
to be upset. I think 1 is like, this is not a very esteemed way, you know, for one of the the leading countries in the world, if not the leader to be acting or posting on social media has the the racial component as well like. On the flip side, I, I do understand what they're doing. Like one of Trump's foundational, he's going after right now is fentanyl trafficking. This is like a foundational example of what he's trying to
stop. This is someone who got into the country illegally trafficking fentanyl, like in his back, trying to do it again. And they're, they're sending a message. And I mean, I think at, at this point, we know Trump's style. He, he's not trying to be the most diplomatic person, he's trying to send messages. And they, they sent a message here. I feel like you probably signed off on that one. I I don't know that that was going rogue.
Yeah, I don't know. I mean, there's probably layers to signing up on all these things, right? That was crazy. I think, I think nobody had a problem with the fact that they're sending a fentanyl trafficker back home after they re entered illegally. I think people had a problem with because I read a ton of comments about it because of me. At first I was like on the edge. I was like, like, where which way should I stand on that one? Because we're probably going to fucking cover on the show.
And I was like, well, yeah, maybe let's not post like cartoons. Because the thing about by cartoonifying the drug dealer, you kind of made them look like a victim when they're not really victim. Like, they're literally like dealing fentanyl to Americans. Like they don't deserve to be in America, right? So it which? 90% of people probably aren't going to do any research, they're just going.
To but yeah, that that piece of fentanyl trader that was kicked out of America then came back illegally again and start fentanyl trading again, dealing again. So that person by all means should not be in that country. But like, I guess the problem is like, you've cartoonified something very serious, and they kind of played themselves by doing that because they kind of made that person look like a victim because the cartoon looks like she's the victim when he's
not a victim, he's a criminal. Yeah, right. You know, it looks like on the surface, it looks like here's Trump celebrating, kicking out. Right. Latino woman. Exactly like you know, and then then you look at the picture Lauren, it's like, oh, it looks like a person of color getting kicked out of the country, but that person is actually not probably should have been there in the 1st place. So that was crazy, the Ghibliification of things. I have to say though, I'm having
fun with it, man. My family pics and stuff that we've been playing around team chat yesterday we Ghibli fight Sims with like was coming out of his head and everything stemming Mendo. You're like you're quite the meme guy yourself and what did you? What did you make of all this? Yeah, I haven't done, I haven't done a Ghibli yet. No, not at all. You're a big fat GPT guy. I know I don't know why OSF put one in our group chat today, but yeah, I, I need to get, I need
to start. I think they're going to start slowing down because they said that it's like melting their GPU and stuff. Everyone's doing it. I mean, here's my take. So people are, are associating this new O4 model update, which is just an image generator with Studio Ghibli. Like you can, you can create any style of art image, but the, the major unlock here is that it, it was very difficult before to, to create an image off of like a
source, a source piece. And now it's much easier to do that very quickly in any style that you want. I actually feel, as I've been digging into this, it feels like the biggest 0 to one AI moment we've had since the launch of ChatGPT with respect to the impact it's going to have. Like basically anything in the creative world, the advertising world. Like I think there was a, there's a large impact here. Like just like for example, like I mocked up a wrecked ad. It took me 15 seconds.
And now someone like Ovie who knows, like has a vision for what he wants his ad campaign to do. Maybe previously had to go to a designer. He could probably, and he's an artist. Maybe that's a bad example, but he can do it easily himself now and like the ability to be like a one stop shop founder designer like you, you can run a business yourself basically. And it's getting easier and easier to do that. And this one felt like a big, a really big unlock for me.
Yeah, that does make sense. All right, So what else Tyler? What else is new in? So Ghibli the the token went to 40 million. So it's it's now coming back down. But I do have to quick, quick meme coin discussion. I know we got to keep moving forward here. I'm sending you a tweet. Are we on the upward roller coaster loops? So we had like a routine come out. It got to like 1520 million. Giblade just came out. It got to 40. This is missing please by the
way. Yeah, so please, actually they selectively took please off because please got to 50. But the opium here for for those in the meme streets back-to-back starting to go a little higher. I think there is some signs of capital starting to return. People are paying attention again. So we'll see by by no means do I think we're seeing any major runners anytime soon, especially if backers going to keep going like this, but there was going to be some opportunities in the. Trend.
Yeah, I don't know. I mean, you, you're the one tweeting all cryptic shit, you know, What do you think you're the one being cryptic, you know, you get out, you know, man, though, Tyler gets all the CAS, you know, all of them. All of them. He had this last one at $1 million, you know, it's painful. Tyler, what do you think? I mean, it's you cripting tweet, tweeting cryptic stuff here. What do you think? What are you? Tyler did his thoughts. I think we're going to have
bigger opportunities. Not like that. I mean, do you think downtrends like if you studied last cycle, like last year, like 2023 was like you only had small cokes, It was just Morgan Pepe, right? Small, small, small, small, then it kept kind of growing and right. So the question this time around is, is it those Mons that are going to pump when we start rallying again? So the 23 one, so Mark Pepe for coin, the whiffs, all those, or
is it going to be this one? You mean that's going to come out during this period right now and go to like $2 billion? I don't know. I don't have an answer. No, we'll see. OK, that's great. What else? I mean, can we talk about this polymarket thing from Andrew? Yeah. Let's talk about the polymarket story. So the headline that came out yesterday was effectively the polymarket team came out and acknowledged there's a situation where Uma Wales manipulated a market.
They said basically we we can't compensate users, but we're going to try to fix this in the future. So the the market in question here was Ukraine agrees to a Trump mineral deal before April. So this market should be closing this upcoming Monday evening at midnight. And it had been trending down below 20% because like this deal was being talked about, but it was not being formally executed.
And then last week or just a few days ago, it resolved to yes and a lot of betters disputed this and effectively that the UMA whales and control were able to overweight the vote as I understand it and get it to resolve to yes. Despite they say any objective opinion or any of the objective facts in the situation or this deal has not been done. And Polymarket themselves said that that no, this market should
not be resolved. If it was up to us, effectively it would still be live until the end of the month. There's. Nothing they can do and that. No, you can't. And they did say this is not, you know, in their defense, they had, they said nice things. They said this is not a part of the future they want to build. They also said it wasn't a market failure. I guess this this is in line with the the procedures they
have in place. They said they're going to work with the UMA team to to try to avoid. I think the issue here is this is not the first time that something like this has happened. Yeah, it happened during the popcat thing, right? When someone whipped popcat to a billion quick and there was a whole voters process and everything. I think I remember that like first cat to a billion. Yeah, there's, there's a handful of these.
I think there's been a few folks who've been deep in this on Twitter, this her Manson person that has flagged several markets where he's manipulation. I have not gone through all of them to really have a a position but but this one seems pretty cut and dry but especially with Polymark coming out and saying like this was not the correct resolution on this so. They did the right thing coming out saying that, by the way. Yeah, they did like there's some pros and cons here.
It does again, and these are outliers. These are exceptions like this is not happening for 9599% of the markets out there. But it does kind of put in question, I get these UMA whales can can do this. It's hard to put a whole lot of capital into potentially be manipulated. So I'm curious, I'm curious for your thoughts on this as someone who is launching your own prediction market and how do you to avoid this? It's tough, right? Like the whole because you know
what, it's the case divorce too. We're early like genuinely, am I even trying to meme like we are really early in this prediction market boom. I know pressure markets have been in existence by the pressure markets have been in existence forever, but this neo form of prediction market is like ready new. And then the explosion of polymarket over the last presidential election in the USA accelerated things in a really crazy way, then came in Kashi
etcetera. So I don't think we have hit the spot where we have the perfect Oracle yet. We speak about this a lot. It's ironic. I have a call with UMA in like less than an hour.
But it's, you know, I know that Polymarket and UMA have been working with Celestia, if I'm not mistaken, to try and build the UMA Oracle V2. So I think it's just a situation where the tech is just not caught up to like how big this industry is and it's becoming, you know, I don't even think, like I said, oh, blame Polymarket and like throw them under the bus like they fucked it.
It's like it was games, you know, and clearly means that we're not there yet in terms of technology for production markets. So hopefully it'll be fixed, man. But yeah, even us internally, man, like for us at the moment, like we're open about it's a centralized Oracle, right? Like everything's centralized over at over at myriad markets, right? It's everything. That's why I'm not predicting right is because it's, it's fully centralized.
The moment we can make the markets, we create the lines, we resolve it internally. We create like we, we, we do all the research ourselves until we can like slowly decentralize the decision making and the creation like just a world where like myriad, one day the markets, you guys are going to vote for creating the markets and you guys are going to vote for where it, it, how it resolves and whatnot.
But we're just not there yet. I think it's decision that we're a little too early, but I'm expecting this to grow really fast because the more blows there is like this one, you know, the more it's going to hurt that that the game is all. So I'm hoping to fix it, right. It's good for my business.
So it's and I wouldn't be surprised to see more and more oracles come on. I'm curious about Polymarket and UMA V2. It's something to pay attention to because I have a feeling that there's going to be a model where like, you know, UMA becomes just an Oracle product for prediction markets. And then you can, you know, each prediction market can have its own token where it's resolved with that one rather than the UMA token. So maybe that's fixed a little bit, but we're definitely not
there yet. You guys been watching what's going on GME stock? What's going on? It's. Down 25. Percent. Oh wow. Five. No 20. No, 25%. Yesterday it was down 25% and the GameStop faces New York Stock Exchange trading restriction after short volume surges 234% in 24 hours. Oh my God. Yeah, Bitcoin news. Yeah, exactly. They don't like the Bitcoin news. Look at that. Look at that for Red Candle. God damn it, Mendo tried to tell us that was the top yesterday. I didn't.
I just said it's risky. It is no. You made a great point yesterday on the on the risk of this. Wow. Where is Roar and Katie when we need them? Where is roaring Kitty when we need him? Anyways, let's let's keep moving through his topics. I see Joe in the in the in the store. I'll bring you up in a minute and I see Kevin. Can't wait to talk to my boy Kevin over a gate here. I got a a few questions for you. I see you. I see you, but quickly, Tyler.
What else was there? There was a couple other like nice headlines that you had for us today. Yeah, I'd say the Doodles news, what was probably one of the other bigger headlines of the day here. So they unveiled Dreamnet. This is the new decentralized protocol for building what they're calling shared story universes powered by tokens. So here anyone can come in, they can create characters, create worlds, create lore, and then
they will all become tokenized. In some ways, it's kind of like a virtual launchpad where you can create your own AI agents with their own personalities. You create swarms of agents here. You could do that within as a story world effectively. So so that's the the protocol that they're building here with Dreamnet. They announced their doodle dude token tokenomics, 10 billion supply. It's going to start on Solana, 68% to the community, 30% going to to doodles and tea holders.
So pretty healthy chunk there, 13% for new blood and growth and then 25% for the ecosystem. And then they go into the token use cases. But basically the token will be a medium of exchange across this doodles universe, required to create, contribute and then interact within. The Street. So it it it was a lengthy white paper. It is. I skimmed it yesterday. I I will admit I have not wrapped my head around this entire thing. I think I have a handle on it at at least the the 2000 foot view
or 20,000 foot. View Whoa, the lot. There's a lot coming there. I appreciate the work that was put into this. At first glance I haven't read it, but I appreciate that clearly they're really going deep into this. If you're a doodles maxi and you're deep in the lore and, and you want to contribute to building out the doodles first, I think you, you love this. Right, I agree because it's not just the hey, we're launching a shit coin. Here you go.
It's like, hey, like we're kind of thing this through and it was really wrongly timed the thing right. They announced that they're launching a token, then they announced the Solana thing. Then fucking Libra happened. I was with Austin Hurwitz, like we we were on the same flight from from Paris to to Hong Kong and I was and we were on the line. I was like, dude, like what a timing. Like we landed in Hong Kong. The Libra thing happens and he was like, damn, bro, it's just
like so crazy. Talk about time. Like they announced their token on Solana, then bang Black Swan. So sad to them for kind of going back to the drawing board or not like maybe this is what they had planned all along. So I don't want to assume but and and figuring something out. OK. Well, Tyler, looks like you've been around pretty well, unless there's something I missed, but. Those are the big ones. If you used Jupiter's 8 Pro trading app, just go check out and see if you got an AirDrop
call to action. Yeah, you can put an AirDrop claim for for tokens. They have a million tokens for grabs. And then the Elizabeth Warren stuff, that's a longer conversation We can get into the the risks of the publicization of crypto maybe the next week. Yeah, it's the longer combo. Let's talk about it on the on
the on Monday or something. Just ironic that when it comes from Elizabeth Warren. But you know, you know the one person that didn't do their job right Anyways, also, for those of you who want to win this raffle predict is the code rafflebot that XYZ predict. And also make sure you check out my pin tweet, especially if you're participating in Myriad, if you know what Myriad's all about. I publish the report. So I do it every month. I publish, report on myriad markets.
I transparently show all of our statistics, open the curtain. I want everybody to see where we're at, how we're doing. So we hit $1,000,000 last night. We're about to hit 1.1. You know what, HIP helped? We opened 2E sports markets last night and they're booming. Yeah, people really like them. So we're testing with different markets because, you know, it's like boring at the end if you just do like your ingredient
stuff. So the radium one, will Radium launch a pump funk competitor before April 2 is a pretty interesting one. It's like a coin toss because they did announce it, but they didn't say like what, when. And then we have two gaming markets, which I don't understand anything about them, but Sims was seemingly very happy about them, so they must be good. Anyways, Joe, let's get John real quick and I'll go to Kevin. Joe, what up, man? How you doing? Good morning. Broke.
I'm not doing great man, but it is great to see you guys. Why are you not doing great? My team had a crazy idea and I was like, all right, let's go with your crazy idea. We, we had just a little background story. So in case you guys don't know infinite objects, we've been in the space for oh man, since 2020. Since 20. Yeah, we love you on FIFA. I have three of them right there. Yeah, no, we've done so much with the rug radio.
We love you guys and you guys are actually a part of this drop that I'm gonna talk about in a second here. But but yeah, we we, you know, very straight up we need to raise a little capital to do our next production run, right. We do. We're physical company, physical
goods. And and so we're like, let's do a drop, but for this drop, let's do something special where we're giving back to the community, right, to our customers, to our, to our, you know, supporters, the artists and partners that we work with. And so let's do a giveaway, let's do a raffle the spaces, you know, picking back up last few months, people are excited about art again. And, and so we're like, all right, what should we raffle off? And my team was like, obviously
we should raffle off a punk. Oh shit. And I was like, all right, we're going to do this right. And so it's a four day mint. Every mint of a they're called moments. We'll talk about the moments in a second, but every mint's an entry into the raffle. And on Monday the raffle will end and we will raffle off a punk we're doing on chain verified, you know, random selection, all super legit in terms of the tech and the backside on the on the drop. But but yeah, only about what?
I don't know, man 250 mints so far. We launched yesterday. It's only it's been less than 24 hours. OK. People are waiting until the last day to see how much they should drop in, but right now you've got a one in two chance of winning any prize and right now a one in 200 chance of winning a punk for a 0.02 ETH mint. So it's I'm, I'm like, I'm freaking out. I'm not lying. I'm freaking out over here. But it is it's an exciting moment.
It's going to be an exciting weekend to see what goes down. I feel like, you know, there's, there's a lot of things. We've got a lot of different prizes on chain and off chain prizes and, and so yeah, we're, we're. OK. You have three days. Yeah, you have three days. OK. And this is all happening on shape. Shape so the drop you can there's a link in our bio. I think that on if you're on spaces, you'll see our our our like yeah that that's exactly it When you meant it is a shape NFT
OK, love shape. That's the other great piece of alpha here. Shape announced that metals. I don't know if you're familiar with the shape metals system, you can win like I think of you can claim up to 50 metals with the infinite objects drop turning into shape token. They already announced shape token. There's a link to shape token and if you Scroll down a little bit, but that's going to launch into the metals will turn into
that. You might even get, you know, let's say you spend an ETH, you might get that ETH back in shape tokens real soon. I see. Yeah, 'cause they they announced it to G, right? Exactly they announced so the TP is coming up but so yeah you're going to get shape tokens. You could win a punk. We've got a like over 100 other physical yeah so the moments let's talk about that for a second I'm glad you you clicked
on that We the for the drop. We didn't just want to do tickets right, we wanted these to be a little unique. And so we're celebrating the last six years of being a company, highlighting a lot of the different collaborations, drops, artist releases that we've done and then. A lot of social media stuff, right so the Kim Kardashian post we loved that was like 2 years ago. She received an infinite object through Giffy. Giffy is one of our part. And so there's a lot of cute
unboxings. There's like a Magic Johnson moment. There's. No way. Moment, yeah. A lot of really cute ones in there. And yeah, it's it's, it's, I mean, it's really beautiful what our team has done. We've been working two months on this on this thing finally goes live yesterday. But we're giving away a punk, and I think that's that's an intense thing. What we do want to do for the FOMO hour community though? We've got an allow list.
OK, for. The FOMO hour meeting for the next, I think we're going to leave it open for 30 minutes. If you go to our account at infinite objects on X, throw a retweet. We're going to give away 10 allow list spots with a a comment.
So do a retweet and a comment. Comment your ETH address and we're going to give away 10 allow the spots to the FOMO hour folks OK right now, so that you could get a free punk literally you could get a free punk right now, which is just fucking insane, but here we are here we. Two ways two ways to win a punk today on the show through these guys and through our our our giveaway at the. End That's right, you guys right and didn't you give away? A punk like yeah, we did two
weeks ago. Right. Yeah, I saw that. So yeah. Well, I mean, thankfully for us, real bit pays for it, so it's not like it comes out of Rugrido's pocket. But for you, I mean, you know, I know you. I know you trip it a little bit, you know, so, so you, you're so funny. How do we get robit in on this? Can I Can I get? Robit's phone number please. Please. Have you heard of Yeet? You know, I don't know Mando, but but yeah, I listen. That's dude, that's hilarious. I love you.
Come in here like freaking out. So just remind the people one second so they have to comment on where. Yeah, on our X go, go to the infinite object. We got a pin tweet that's in the announcement tweet. It's pinned on the infinite objects X account. And then comment your ETH address and retweet that post. And then we'll give away and allow us when you comment, comment with your ETH address and we'll just use that and right there, right there. Exactly. OK, perfect. I like these moments.
I mean, Tyler, you've been talking about Top Shop moments a lot lately because they're making like this resurgence lately. So I kind of like that you guys are doing these like. I love them. I'm. Still playing trains? Hell yeah, sure, why not. What's the show I'm? Going to enter this for sure. I'm going to just go mint some. I mean, especially if I can win a punk on top of. Them I think people need to know about this. This is a fun one. This is, that's why we just let
people know. This is why. This is why when Joe hit me up, he was like, yo, can I come on the show and talk about it? He's like, fuck yeah, why not? Like, you know, we got a guest coming on today. But you know, quickly just squeeze Joe in in between everything because I'm a big fan of Infinite Object. They're really good friends of ours. Every single event we do, I'm like Joe, I go, well, I don't have goes, Joe. I need like 12 fucking screens.
I'm sorry, I need 20 screens next week in Miami. Can you make it happen? He's like, let's go, I got you and you're the best. I got my people, I got my rugby award. I got a bunch of infinite jobs. It's just not plugged in. But love infinite objects. Love it, love it, love it. Well, you should talk about a Lisbon office. Yeah, thank you for for letting me come on for a couple minutes here. And we got you, yeah. Let's let's, let's see who gets this punk. Hopefully we don't lose too much
fucking money. Infiniteobjects.com, it's on their main page. Go out there, mint something if you'd like, of course, and, and support infinology, the good people, good founders, good builders and big, you know, supporter of the arts. So it's important to support Joe. Thank you so much for coming, brother. Thank you guys. Have a good one. All right, now on to today's song partner, My boy. Hey gem Gem 4 Tana Mendu, how you? Doing how you doing?
I saw you last in Hong Kong, a moderate panel you were on. How's that? Yeah, by the way, you did a good job. Like moderating Like what? Like 15 different panels back-to-back. Brother, I went out the night before, you know, Hong Kong, OK, Yeah. So I went out. I went out big like I had AI had I had a banger of a night. I think Tyler man don't know because I was like texting the Femara Chad like I loved you guys like it was one of those
nights. The day after I had to moderate 5 panels and one of them was gate on top of that. Oh yeah. You, you did great. You did great. But by the way, I I like Joe and but like he made me look bad now, like I know I keep, I keep empty handed. Like if the if the marketing team are actually listening to this now, like we have to throw away something next time. Yeah, we've got to do something. Oh, am I doing this? Am I doing? Oh, is Gabe giving away a book? Is Gabe giving away a book?
Dude, yeah, do something marketing team no, but like happy, like happy to see you in in Hong Kong. It was great consensus. We we're planning ahead for Dubai token already obviously. So yeah, we'll see you guys going to be there. We are going to be there in a really big way. We're actually throwing a bang over an event. I can probably. Be sent it to your team already but I'll make sure they think again. Dude your VIP don't ever be I. Just have to just point in the nose, right?
You're always, you're always a VIP, you know that. We love gay. You guys are honestly having a year, man. I saw you guys took over the sponsorship of the Red Bull Racing team as well. Yes, yes, yeah, it's good. Well, it's well if you guys follow Formula Ones pretty closely, I suppose, right. And it's, it's a lot of promise already. It's just after two races. They, they, they, they, but dope, you guys are getting the best advertisement because you
just took over this team, right? And they just picked out Lawson to put Yuki Sonora to raise the next race. But it's in Japan. It's and in Japan. Yep, he's huge. Yeah, dude, it's. I have to tell you, we like all the tickets are giving out to like guesses and I didn't even have a ticket. Where's my ticket? I was like, where? It was my ticket. Yeah, I didn't even like, I'll tell you whatever, like not the Japan store, but like any other store. OK, fine, I'm going to take you
up on that. No KO tickets. Come on man, I'm just kidding. Mendo you you guys in. Dude, Mendo Mendo's almost Mendo's about to buy a team soon. You know, we're going to get the Canary jet, the Canary team, the Canary. You know, it's it's it's going to be nice. But yeah, we would love to attend the right now. I'm not sure the FOMO. What about Here We Are FOMO hour with Tyler Mandaway live live from the F1?
Yeah, now we're talking. We could do one of those in Europe or something, you know, that could be nice. Yeah. OK, I'll hit you up after this. Anyways, we didn't come and talk about this, but hey, it is a big deal. So I did want to congratulate you on the on the F1 thing because Red Bull Racing is definitely no joke here. And I know you guys are the the main sponsor for them now, but any joke? We are not. Yeah, we're like we're second one up there. We're not winning that one this
year. Oh, man, you're funny, dude. I, I, I, it's always fun to have you out. ANYWAYS, Kevin, you know, we, it looks like we finally had a, a somewhat of a boring month in in for the first time in, in years. Or maybe not, but let's just call this period of chop. So this period of chop, you know, probably means that crypto's growing up, all that good stuff. What do you guys think over a gate? Is this like the what do you guys think?
Because you guys see stats like I talked to Keith over at moon pay a lot. He's like behind the scenes. It's it's moving. So you guys at skate, you've become one of the top exchanges. What do you think? Like, are we going to get out of this? Like how? What's the momentum happening? Bad things? Well. I mean, like, well, you tell me as well, right, So like after consensus, which is like which was big for us, we want unwind a little bit follow-ups messages to to everyone.
And then this month is like a lot of like nothing. So obviously like every day you guys got like good things and bad things to talk about, right, But like if we zoom out a little bit like what's else other than like another minimum con that's is it another meme constant still going to make you excited? Maybe, maybe not AI, just like I've done like like tons of panels and space on AI already. I just like feeling like a little bit boring like they did did Gilliby things.
Yeah, Ghibli things like Oh yeah, it's great. It's it's great publicity. But like that technology has been around for like whatever year and a half already, right. If you know how to use stable diffusions. So where we now, right where where we now, I mean, like we're still growing. The market seems to be like a little bit slower, less cons are being listed. Yeah, sorry. Yeah. So I I would say it's, it's a good time to focus on like a little bit of like boring things like cybersecurities.
No one talk about it. That's until it's become a problem. Then we're like, wait, what about ours? Like should we like have a like an annual check on our cybersecurity? Should we upgrade it? User growth? No one talk about user growth anymore. We just passed like 22 million users on on the platform. Yeah, 20. 2. Yeah, it's good, right? No one talk about it anymore. It's like it's boring.
It's like another number, right. So but I guess it's just like it's a lot of behind the scenes while like on Twitter everyone's still like, oh like yeah, Ghibli or like another meme corn, etcetera. So a lot of things going behind the scenes that not as sexy, but I think it's a good period of time to get it done now. This is impressive 22 million that's good. Damn, I can't wait till we have 22 million users, then I'll be I'll have my own F1 team then.
Let me tell you that damn 22 million users over a gate. You guys are probably seeing record volumes right? Or or not yet. Volume has been, yeah, really good. Like spot volumes been like good like especially in the again, thankfully with the markets like a Memecon space. If you look at the overall like volume, of course you're talking about like finance is like the best and then you got like the other guys.
But like if you're looking at like all the new cons and meme cons, like like we, we almost always the top if not like top three or top right. So it's good. Because because the users like it, it's like the liquidity, not with big cons, which like you can get liquidity anywhere, but like, what about like all this like little cons that just created. So it's good. Yeah, Overall, we were really happy. We're not complaining about like the cycles being a little bit
boring right now. I would just like volume is still coming through. I love that, I love that. So besides that, I mean, you know, it's seems like, you know, we've we get through these phases of chop in the space, but they're never like they never last too, too long, right? A few months and then and then, you know, you're you're back up. We were talking beginning of the show.
I was telling the boys that I genuinely expected us to have a move up after this last few weeks and and I was surprised this morning, but maybe things will bounce here hopefully. Do you think we should be bracing for a big move or is this our new reality? It's just like chopped forever Bitcoin market and all. It's just down only. Well, yeah, with, with your precedence and anything could happen, right. But like we like I've been in
crypto for five years. It's I don't know, you guys may be longer, but like I, I would, I would generally say like I never actually have a boring month, right. I mean, we have like bear markets and we have like every month with that, there's a platforms going down, which is anything but boring, right? It's it's painful, but not boring. But this month onward, it's just like where we going, where we going, We're not going anywhere,
right? I mean, even if we're going down with like a little bit of like volatility, that's not great, but like at least something that we can work on, you know, just shut the market or do something. I'm not doing anything in the last two weeks. I'm not buying selling, I'm holding. I guess that's my fault, right? It's like it that that meme like when you're holding the markets, not moving when you're selling, like the markets just move up.
I guess maybe maybe just like waiting for something to happened. What what's happening in in your side of the world? Do you do you feel like you know anything? That's what would change the policy side. I mean, we're bullish, man. I mean. Just we're happy, right? Yeah, Yeah. Yeah, I mean, on the myriad side, things are good. And you know, Mandel's business is doing good. Tyler's still trading meme coins, so that's usually a good signal.
I mean, Tyler, how are things are in your end, you know? The theme here is that there's just a disconnect between like the institutional players who are just starting to come in and retail trainers who seem tired and have lost some hope. And the big open question right now is what's going to bring like the retail trader back in? And I don't know that we have
that catalyst just yet. So it's it's like it's the most divided I've seen between like those two groups, especially when you just see how how bolts all the builders are, all the suits are who are, who are piling into the space on a daily basis. Yet folks who have been here for for years are now starting to get bored or, or, or walk away. So I'm interested to see how this is going to resolve. Yeah, 100% that's, that's our our struggle as well.
Like our users come to us to buy meme coins and the cycle is like, OK, you, you got like one eggs and then you got 28 and then you lost like 50%. That's fine. But like the circle is like there's a cycle is like, so it's daily cycle, right. So the current like exit liquidity is like Bitcoin, right? Everyone just like, OK, if I make money, I move to Bitcoin and Bitcoin is actually not moving.
So like we need to find like actual long term projects to be on our platforms, quality projects that will work for like a year to year from now. But I don't, I don't see anyone's like actually talking it because again, this is like the boring kind of thing. So like no one, like none of you are actually like smiling or laughing at this one. This is like, this is like serious shit. Yeah, yeah. No one's talking about this
because it's too serious. It's not like Gabele or like it's another meme that's that's make you, you know, feel the market. So, but yeah, that's, that's, that's a struggle, definitely. Yeah, some. Hope with like Kaido had a nice open over a billion FTV like Walrus yesterday. Even BMT like the bubble maps thing once like 300 mail or some shit. So there's some signs of hope. At least there's some new protocols, yeah. There is there's definitely some
signs of hope. Let me ask you something, you know, last question for you, Kevin, but you know, if things stay this way, right, do you think it's going to help or is it going to hurt innovation? And then also, do you think that we're in an industry that just needs chaos to thrive, or is this stability just better for like builders in general? Yeah, I mean the weed weed we all like we all been saying like a year and crypto is like dot year, right feel like like 7
years already 5-7 years. So like can you how many years of like this chaos that you can live with right? I mean, like we, we probably look already older than like a month ago when we when we met each other. But yeah, well, I think generally speaking, it would have to mature in in some way to form. But the the other way it is, I mean, crypto is still so early. Like I I couldn't believe like some of the things just happened, like whatever Cornell just like remains some like
burned corns. That's like unheard of, right. So it's it's still chaos around that's big enough to to make us excited. But yeah, day-to-day that we just want to build things one grind after another and and just like see what happens in, in, in a year or two years time. Damn right. Damn right. I love that, Kevin. I'm excited for the future, that's for sure. I like that you're you're seemingly bullish. That's good.
Yeah, I'm still bullish, but like if, if, if the market's so mature and then just like no one's like making a stupid decision or get hacked or, you know, minting like burn coins, then we have nothing to talk about, right? Like you guys going to run off like you lose your job. Like no, nothing to talk about it everyday. So that's not, that's not the way it should be in the next two years as well. So I'm still hopeful that we'll have fun times, down times, but never boring.
I love that I love it. Fun times, but never boring. That's kind of the name of the game here in this space. So Kevin, dude, thank you so much for coming today. Appreciate you guys. Oh, what happened there? Thank you so much for coming today. I appreciate you for for being one of our show partners and I can't wait to see you at Token 2049. Token. Yeah. And then work out something on Formula One. Yeah, Put it on record. Yeah, we should.
He said put it on the record. Oh no. I hope this thing's on record, yeah. I know it is on the record. Trust me, we got to. We'll give you the yeah, yeah. We could put in the YouTube shorts. We'll, we'll, we'll put we should the interns listening, we should post this entire conversation with Kevin because that's some good insight. And I think it's important for people to hear not just from us, but you work at one of the major exchanges.
So it's important to hear that, but also the fact that we're going to host the FOMO hour at the F1 this year, right? Yeah, let's go. OK. Thank you, Kevin. Appreciate you. All right, have a good one. All right, have a good one.