Yo-yo, yo-yo, yo, what up? What up? Good morning, good morning GMG and I'm like holy. Shit. Monday, September 18th, 2024. Look at that. Another beautiful day to have a beautiful day. Another beautiful week to have. Beautiful week. Another beautiful everything. To have a beautiful everything we are so. I don't know saves if I can cuss right on YouTube. So I'm trying to like we're more pro now, so you know, I'm just trying to beat myself. I got my.
Beautiful, wonderful genius Co host in the house OSF Mando. God damn I miss you. How y'all doing how you're feeling today? Morning, guys. Doing good. Doing good. We did the show for two weeks. It was. We've missed that energy. I can tell you right now. I tried to amp it up slightly but. It was just like a more polite and fast rather than than anything like you. I'd rather give you credit. You cooked like I saw the clips on Instagram. Everywhere, on every platform. The clips are fire.
You did a fantastic job. I absolutely loved it. I tried to listen in when I could here and there, honestly. But it was like 11:30 PM when I was in Korea. It was 10:30 PM when I was in Singapore. So obviously was not in the best places to listen to the show. But God I. Missed it so much. My goodness gracious. I really, really, really missed the show And hosting and being live on the pod. What's up, Germantis Roadshow. Macworm Camera Cars. Matt. Perfect.
What's up, Jello Bags? MP Zanzibar Ventures Golden golden What's up, baby? Golden, golden, golden. Look at that. Wow. Oh my God. It's like I forgot. I didn't forgot to schedule the space yesterday. So sorry guys. I'm already fumbling here, I already forgot how this shit works. Don't worry, I did that loads. Every time I remember like every day at like 11:30 PM, I would check. I'm like mano mano cracking, cracking. Oops, I. Gave cracking a lot of shout outs. Actually cracking.
Cracking got a lot. Hell yeah, bro. You know, anyway, so yeah, but so anyways, the show is powered by cracking NFT. Fab look at this. I wasn't even there for when, you know, we started work with cracking. The day that I was gone like that was the week that it started right like the a partnership with with the with the fam and the team there. So excited to for you all to see what's going to come out of it.
I think everybody saw leap and and TGA permission list so there's a there's a link down there cracking up come forward slash rug radio you already know the vibes you know make sure you click that make your boys look good. You already know, so you know they'd be tracking those links, so you know more clicks, you know more more fun for us on Gem Web Three and at Rug Radio. Anyways, anyways, so look, I hear there's new, there's new. Rules on the show, there's new
formats. There's topics, there's. Everything going on. Oh man, I missed you. But first, Ovie, Where in the world? Are you right? Now I see you got the the customer support headset. Yeah, I'm live from Mumbai. I can say that, yeah. It's definitely light. You can. Say that it's definitely light outside right now in Mumbai, right? It's totally like, yeah. No, I'm in St. Kitts. I'm here for another two days and I'll be at Marfa this week. That is so cool.
If I was in America, I would definitely have like. Pop up, Marfa. It's probably going to be so cool, so hopefully you can, you know, shoot us some fire content live and send it here because I think it would be super, super cool. But anyways, what am I what am I meant to do now? Like I I'm totally like not used to new format. How does it work? Am I like meant to like give it to Mando Mando? You've been? Hold on, I I miss y'all too much. We need a chitchat for a minute.
First of all, Ovi, we're golfing as soon as you're in London every day. We're going to Mando, I'm sorry. We're going to talk about golfing all the time because I'll be golfing with your boy every day. October 1st, 2nd, 3rd, 4th, 5th, I don't care. We'll go every day, but then. You need to admit it, Michael. Something's never changed. You guys, you guys in London at the same time. I'm gonna be in, Yeah, cuz I'm coming. London. And I get back end of next week. Yeah, it's gonna be fired.
I get back cuz we have zebu, right? So it turns out I was. I got I I see on my schedule that we're both, all three of us supposed to speak at this event in London October 5th. I'm like. I mean long, October 2nd. Why would I zoom in? I'll just stay three days longer. So it turns out the boys will be live at Cebu in. Person before, maybe we do a little like, I don't know, like friend tech meet up at the pub, you know, a couple pints and Jimson shots. I don't know.
I haven't figured it out yet, but I gotta figure that out. Speaking of which, Mando's been cooking there. So you know, I hear we're going around the minutes and everything. How many subscribers are we at now, 2/3. I've missed you guys so. Much. I'm not muting myself. To be clear, I'm. Like, emotional, right? Now I think, I think it's how producer. Sims is. Sims is like rage muting you. No, he's saying no. Sims is. Saying no, by the way, I think you're unmuted on the space too.
I think you're you got used to unmuting the space. That's why I think he's trying to mute that one. That one's that one's falling down, though. But I'll I'll. Fire. Stop your Freemando in the chat. Some things never change, you know. I may be gone for two weeks, but I'm back down Freemando. There you go. Ya know, I see a Freeman. Difficulties for two weeks? None. That was not me muting myself. What are you trying to? Say there is a baby crying in the background, so maybe someone music.
We don't hear. We don't, we don't hear the baby. But how's the baby? So be one year old soon, right? Soon, yeah. Next month. What's sick? That's it. It's crazy. You almost had a Virgo baby. Almost perfection. You can't nail it all, but she's Halle cute, so you're good. So I swear to God and my hands are here. I'm. In our chat, it literally just told me the host has muted your mind. Let Mando speak. I swear to look. You mean it again? It's something weird.
Something weird is going on here. Hold on. Hold. On Let me get Sims up here. Sims, are you fucking with my boy right now? I ain't doing shit. I'm just say pressing buttons. OK, perfect. That's definitely our. Self hands are hands are in clear vision here. Put put your hands in the air where I can see them right now. Ovi. Put your hands where I can see them. There you go. See, he's gonna. You guys just thought you fuck with me. Yeah, we've been. Made good show.
We had Kelly on, who came with some eggs. Good actually. I think. I think people got to know him a bit more, bit better, which was fun. And yeah, we had Mika at the start as well. But yeah, it was a good show. It was a good show. Chilled a bit shorter, I think slightly. We just like did the minutes and then like left. But yeah, I think we. We'll keep that, We'll keep that. I think it's the cleanest way of doing it.
So we're gonna do like the five things and we'll throw it back between us two and then we'll go from there. Hell yeah. Yeah. I'm super excited about that. I think it's gonna be fun. So expect a lot of changes. Expect a lot of changes for everyone that's used to listening to the show. I mean, your boys are gonna change a lot of things, you know? Maybe the name too. Maybe they're branding. Maybe a little bit of I'm little thing. We're changing everything.
We're flipping it outside and we're changing it so big. Thank you Yeah you're right to Callie and to Michaela for coming in and and and dropping it. I love the content I saw and I was following most on Instagram because now that the clips y'all putting out there sick like I got everything I needed topics wise from from our Instagram page. So we're. Gonna keep that because now we can do the five things we'll just and then you can go straight into this clips you can
clip up nicely. The first thing to talk about would be friend tech. I think we're all talking about Friends Act. Friday Friday. Everything seemed pretty bad, everything was down 3040% and then over the weekend everyone start. Buying up, buying up. Keys, again, there's a lot of self buying. Actually. I think self buying went up to like 20% of all keys outstanding people just buying up their own keys.
And then this three three thing which has been going on for a while and some of the top accounts were doing it for a long, long time, really took over and that became like the dominant dominant matter which is. 3-3 people may have. Heard of it from D5 D 52.0 when when Ohm was big. It's the idea that if you buy, we both buy each other's bags essentially and we don't sell. And it's a it's from game
theory. It's from like a very famous game and game theory which is called the Prisoner's dilemma which is like you, you can either both incorporate or you can both shoot each other to get the like the I don't know to get the treasure. The prisoner's dilemma says that you should both shoot each other and then you like you both end up shooting each other. So it's like the worst scenario,
both defect. But the idea is that we're both going to cooperate this time we're going to do a three, three together and we're going to hopefully get the AirDrop at the end and we're both going to get our portfolio vows will go up over that period. So it's this concept that we both hold onto each other's bags. And that's that's become a very, very big thing.
You show a lot of accounts start doing it and and most of those accounts like the top 10 or top 20 accounts now the vast majority of the three, three accounts. But it's it's no longer like oh I've heard of that person. It's like oh this person's doing 33 or it's I've heard of that person and they're doing 33 rather than oh it's the famous people of of CT anymore. So there's been a big like move towards that and friend Tech TVL actually reached at the high again. Yesterday again.
Were we thinking we're looking at now almost 100? I think the market cap is close to 100 but the TV is not is not close to 100 yet. Number of new users is down as the growth of new users is lower though, right? Yeah, looks like this has been people returning with a new strategy, and I think this strategy lasts for a little bit until everyone runs out of money and then it returns to. Who? Who is doing this and providing value rather than just who is doing 33?
I think a lot of people like were just providing value or they were just doing 33331 over people who were just providing value. In my opinion you're seeing that because like the people that people would have paid to be in a group chat with that who weren't doing 3 three are being replaced by people who were doing 3, three and. And now I think the next stage of this, if you go through to the end of this is will be the people doing 3/3.
And having valuable rooms that people want to be part of, so. That's where I think we're. Headed I'd. Like to get my 33 going? It does. Look if you do the 3/3. I bet you absolutely. So I just wrote to my friend tech before coming in I was like look everyone's doing 3 three that's why last time I was asking questions. So what's the value here? Do you want to be in value or just is 3/3 all people want cuz IF33 all people want just do 3/3 and I'm not gonna bother with the thing. Right.
But if it's a mix of both, you're I think you're the perfect example of both that you're cooking right now. You're about to hit 1. EI called this, I got in your chat like 5 X's are going. I said you're going to 1 E But anyways, I you're cooking for sure. Thank you for that 100% trade by the way. It was nice. I closed it right before the show. There's a lot of NFA going around Fran Tech. You got to love it. But. I've got 3 mandote. He won't let me sell any of them.
I'm just sitting there with. With three Mandos watching. Watching My Portfolio. Go hi, I can't, can't monetize. Maybe it's mine. Monetize at the AirDrop. You're some amazing guy by the way. You bought them like you sniped them as I signed the account. It's like no money. Then maybe buy yours for like 3 times what you. I didn't make you buy mine, you just bought bought it. So a. Lot of shitming going around all the chats. I gotta say though, when these hit me up with like damn, my
phone friends don't even. And buy me and it was like 10 X's ago I gotta say that's like that's like positive shaming you know what I mean? And so so it's been it's been cooking. I definitely wish I got more of y'all, you know the secret was just buying all your friends you know because they're crushing my 3 three thing is interesting. So but my question for three, three because I asked the friend tech chat before I was saying do you keep track because actually.
Ovie, I was reading your chat, which I was like, you were talking about it too. I was like, you keep track. What if that one keeps having a good sheet? I'm going to start keeping track, I just haven't been able to do it because I don't have. I haven't had full access to everything recently, but I'm going to start keeping track and then just try my best to. Carry the. One and yeah, I just. Don't have my wallet. Sorry, I'll get to it. Yeah, I'll do it.
I'm doing it 3. 3333. Yeah, but yeah, it's happening. It's a weird one because like it's really easy to use trading fees to to buy people back who are like 0.010.02. Then you get someone who comes in as like, where's 0.5? And it's like, damn, like I need to honor that. Then it wipes out your ability to buy like 40 or 50 people when you can take one of those big ones. So it's like, so I've been like cars. Do I just wait and save up like K money?
I need to buy K money? Do I wait and save up for K money? Do I just buy like these twenty guys right now and then wait to save up for K money again? But then you just like. You never hit like those medium ones. So I think the right way to do it is to do it in chronological order. So like whoever was in first and you'd like.
So when you get to like K money, then it's like, well, I've got all these ten guys for .01, but I have to wait until I get, you know, K money, then I do the other guys, but. The logic is that you do 33, therefore people buy you and you're like getting more like trading fees and therefore you can then afford the K monies because you're honoring the the three three systems. So what I understand is like at first you got to go with all the cheap keys right?
Be very, very cheap so you can build up a trading factor for. You. I think that's the strategy. Yeah, I think you get the because at the end of the day your value is based on the total number of keys. So so you know like one guy earning one key is worth 0.5 is not worth as much as like 20 guys earning 20 keys who are worth 0.01 so. Yeah. So I think that's how I did it. When I and I bought, I bought. I think I've got 3 still to buy, but. Anyone. Do you not keep track?
I'm buying everyone who owns my key. Yeah, and. Then I start selling people who didn't own my key. So that was just that's how I started funding it because I bought some people who who didn't And then but yeah, I started like, but everyone below nought .1, everyone below nought .2 and then just went like that. But then the ones that are like above 1 E like it's tough, right? Like I bought someone today for
like 1.8 on 3/3 but I was like. Above 2 E's it starts to get very, very tough because I think it becomes that thing I just said that the next move of this is you can't just three. Three is not that difficult to replicate. Like everyone in the accident going like, right, I can do 33 and I can get to this level, yeah. But then the next stage of this is who's actually going to be valuable after a certain level like 3-3 is the base level of what you need to be doing, I think.
And then it's right who's actually you saw? What happened to Om at the end, right. That's why I was like, wait, well, this three, three thing. Yeah, sure. 10,000 exit first, but we also. People do mention Ohm and like it's a fair comparison because 33 did come from home, but it originally came to the business that I'm it's slightly different and the reason why it's slightly different is because Ohm was like we both hold it, we both hold it and if we both hold it, it's it's beneficial.
The the other way, this has a slightly different, you have like an AirDrop, you have an AirDrop coming which is in like external revenue stream in the future. Which is then tied with whose value is tied to the fact that you are both holding. So it's it's a slightly more complicated version, like Ohm was 100% going to fail in the Prisoner's dilemma. This one is a bit more complicated because it's not it's not 0 sum, whereas Ohm was a 0 sum game. This is not necessarily a 0 sum
game. And like, you can look into that as well, like gay theory, but I think that that's why this can last a little bit or be a bit different. Wow, dude, I asked before the show. I said yeah, so what's this three three shit? Like, can someone tell me how they organize it? And I got so many replies of people. And then you have this guy that goes, sorry, what's 33? I'm a boomer. Don't worry about it. You know, I'll just buy your key.
You're always a little pudgy, but yeah, OK, that's fun. Listen, like, the friend tech stuff has really taken off over the last two weeks. Like when I was in Asia, like a lot of people would come up to you and like to actually talk about friend tech. Like it was, it was a big, you know, kind of like conversation starter almost, right? Because, like, obviously, with the broader NFT ecosystem being
down pretty bad. Like, you know, it seems like where NFTD gents came about, I tweeted about it. Then and seem that a lot of people are still really angry about the whole friend texting, but we'll see, we'll see how it goes. You know I think it's interesting that for the people who got curious and stay curious, it's a big opportunity in the bear market. So I I really like it, I like it a lot it's and it's good to see y'all cooking. So listen, we're going to keep
going. We're going to three, three, right, That's a new four, right, 3333. 33 Dude, I'm gonna. Hi. I'm like, I'm gonna go buy. All these motherfuckers tonight, I'm gonna be chilling on the couch down, says Boom, boom, boom, boom. From the trading fees and then and then we'll see where that takes us, we'll see where that goes. But anyways, what else is new, what else is new like I I actually like. So we don't do macro anymore, right? We we don't know.
Things, but we'll throw it back to you like what was Asia like? Like there's so much stuff coming out of Asia. Everyone seems to come away from that conference being like. The West is 4000 years behind Asia. Like what's what? What did you learn? I thought the West was way behind Europe, but I think even Europe is even behind Asia. So that puts the West further than 4000 years behind. I mean, I come out of Asia bullish as a motherfucker. Like, I gotta say, Korea was
incredible. I think Korean on the core like NFT community was crazy like. The Korean NFT communities are crazy, whether it's actually like moon birds at a crazy event there, you got like, obviously we did the event with Yuga Labs, which was a banger. It was the best rug video event ever. Like it was like 3 to 300 people showed up. It was crazy. It was sick to CEO Daniel Legre came.
Bunch of people from you, the team and then a lot of our holders from around the world and it was really cool to meet people from communities that don't come out like the NSTN, YC, right. Like it's like the Japanese communities, Malaysia, Indonesia, Vietnam, you know all the Southeast Asia and like Chinese community.
So I think, I think it was super cool and this and one thing that struck that struck me over there is after going to Singapore which is more like core dev crypto crowd, a lot of VCs. So, you know, met with just pieces from all over, like whether it's like Taipei. A VCs from China, they were mostly based in the Bay Area and whatnot, but it's like really like Chinese VCs and like Southeast Asian VCs, like nobody
cares about the price action. And so it's funny is during when I was in Singapore was doing like, I guess ETH went under 1600 again, which I thought about it. If I was in Montreal, I'd be tripping, I'd be texting Mandalay, what are we doing here? But when I was over there, it was in existent. It didn't matter. I didn't even calculate it. I didn't look at it. I just saw tweets. I was like oh price action must be bad.
I saw my first fight all over the timeline like more the CT crowd like over prices and finance all this stuff. I was like well let me disconnect and and I think like I came out of Asia super bullish and actually is very bullish on NFT as a technology. All their super apps over there have NFT and Web 3 integration but specifically NFT.
So, like in Singapore, they banned Uber to support the local like company called Grab. And last week, the week before I got to Singapore, grabbed launched the Polygon Polygon wallet with full Web 3 and NFT integration within the app.
Right. So all the Super apps have Nft's so be actually only so be would present so be by the way runs Asia but you know I get I get to this rooftops having a little drink a drink with people and then this man he's a founder of Superfan and I think up live or something it's called 600 million users in China right. So one of the biggest AI companies in China 2000 employees, 600 million users. And they are Uber bullish on NFT integration.
So you see all the like ice cream, so good like all these like you know those live streams, they get those jams over there. It's already NFT's like this already integrated as Web 3. It's already like Unchained text. Like when you look at how everything was already integrated and you think you really think that Uber is going to have a crypto wallet anytime soon. Like, you can't even fathom it on this side of the world, right?
You could think that it's going to come, but in Asia it's there, the the it's it's it's you live in this crypto world. So I left super bullish that I took in 2049. I was telling Mando before, but I really think it was like networking wise, like not the networking mean but the actual act of networking there was probably the best trip I took for rug radio ever really. It was incredible.
I think we should all go together next year because it was really cool to meet, you know, more like Core Web 3, Crypto NFT investors, right. The people who actually like, you know, it's money's different in Asia. It's really crazy. So it was really cool to see. I I highly advise everybody go out there and and check it out for themselves. And even on the art side, what I love about Korea, which I I was telling I think Ovie about the
galleries. There's so many art galleries and we got to meet the founder of Ghana Art and like, they were like some of the biggest art collectors in all of Korea. And Mad Dog Jones, Beige Fuck Render and Victor Mascara had a exhibit there and it was just cool, Like the DK Motion exhibit. I don't know if you saw the photos and videos online. It's crazy like. I didn't know he doxed until the last words. Yeah, we all went to him and was like, hey, can we post this?
And he's like, yeah, yeah, you're good. I'm like, OK, I had no idea he was doxed either. That's why I first said they want to post the photos of him. But he was out there and I don't know man, it's just people was like just the art there was crazy and it was really cool to see like culture fashion, like the more culture NFT shape was Korea, but Singapore was more like full on like Chat Central V C's, you know you got to meet the biggest exchanges.
You go to this mental things, this Bible thing, it's just like a bunch of the big you know, crypto name. So it was a lot of fun, Super bullish on Asia and I think I'm going to make a lot of more trips there. I think we should all be going to Hong Kong next together. It does feel like they're just jumping. Even Japan I saw this week, right? Like they they did this thing where you can raise money now via via crypto. They've changed their tax laws.
You had Hong Kong making a big push, Singapore's obviously make it make it push for a while, but it's just tough to fight with that. And even what you just said, like the sentiment from people is just way different. Like, everyone's just, they're not fighting, they're just kind of, didn't you also say, like, it's funny how the difference even between how people treat yoga.
Out there. Dude the even the board up your club community over there like it's crazy like I I I would go I went to the punks brunch in Korea so separate from Aravan they threw a wonderful punks brunch in Korea and and and an incredible punks brunch as well in in Singapore shot to Isaac he's I know he's the one grinding and storing him everywhere and everything but the quality of the people I met there like in terms of just pure business like I I just went
through like earlier today I did the exercise like going through all the people I connected with or telegrams or handles like what they do blah blah blah. And I was like, wow, like it's really, really cool. And yeah, there's a lot of chat ape holders. I gotta say, all these motherfuckers on Telegram, they got boarding BFP's. I'm like, damn, you know, over there's different, but it's you
wouldn't see it though. I saw that though I was looking through the speakers for 2049 and loads of them on Twitter were. Were apes. And I was like, you don't see that? That that that also owns in Taipei. The guys like has like a a bloodshot board APFPS, telegram and like they just buy a bunch of NFTS you know, I mean pimp capitals from other rights from China and like a bunch of people like the big buyers they don't care about this whole like short
term. They don't care about this whole like oh going on Twitter and like the banter back and forth they they really don't care. Like it's it's it's a it's another life. There's another world over there and I really appreciated it. Actually, it was, it was. It feels good to see that. You know, there's people genuinely, genuinely care from it from like the culture, community, investment aspect over there. So I don't know. I think it was fire. I'm gonna be going back. I just left, yeah.
So the third thing to this Yeah, I might come. I might come. Hong Kong, maybe. I didn't make Singapore, but Hong Kong I might. And then the stuff that we'll look out for this week, today we have finance. Finance has got a a meeting or a hearing with the SEC at 3:00 PM Eastern, which is 8:00 PM my time. So you could see some headlines around that. Obviously more and more people were were leaving finance US last week. I'm sure your favorite thread Ors will be all over that one as
it as it comes out. They're actually some of the documents in the case versus finance is going to be released on Friday. So expect some headlines around that. You've got the Fed on Wednesday. No, there's a 1% chance according to markets that they raise rates. Very, very unlikely that they raise rates, but it is. People have been putting very the dollar is at a six month high because people are saying they might still be hawkish high for longer.
This sort of narrative might continue for a while. And then Thursday you've got the Bank of England who are expected to raise rates. But Wednesday's the big one for a macro perspective. It will be. Don't expect anything around when they released a statement. It will be just around when they do their press conference, which will be later in the day, but we normally. Get Thursday. It's on Thursday, right? Yeah, Thursday, yeah. For the two days, yeah.
So, yeah, first, yeah, because I've got the right decision in the conference. Yeah, it's been a while, right? Since we've had one as well, 'cause? A few months, yeah. Yeah. I can't wait for my my inaugural, like 2:30 PM tax to OV. Are we rich or poor? Like that's gonna be my text on Thursday or Wednesday whenever it's OVS as always, as it always is. Is there like, is there any crazy expectations for you?
I think like the biggest, I guess, not concerned, but I think the biggest headlines today. Right, I really it says. It's Wednesday OSF. The FOMC, the right decision. Fed interest rate decision, 7:00 PM Wednesday, FOMC economic positions 7:00 PM Wednesday. They're doing it on Wednesday this week, I think maybe. Doing it on Thursday, I don't know. Maybe. It's maybe the dates from 19th, 20th and not 20th, 21st and maybe. Yeah, yeah, it's 19th, 20th, not 2020 first.
So you're right. Yeah, it's Wednesday. I think that changed because I'm pretty sure I used to read about it. Normally on Thursday it's. Normally on there is normally, yeah, although it is it because normally it's when we're doing rec radio and it would be on Wednesday again, which is during rec radio. Yeah. CP I I forget one of them's on a Thursday. But yeah, this this one, this one's on Wednesday. Yeah, it's on Thursdays. That's on Wednesdays usually, because I know when I text you
guys. So yeah, look, I don't expect anything that is definitely going to be unchanged 5 1/2%, but he may be slightly hawkish and that's what people are betting on going into this. Yeah, I mean, did you? See what happened to Mark Cuban? No, tell me. I mean, I did see it quickly, but The thing is like, I was on my way to Europe when that happened, so I hear he got drained. Yeah, Mark Cuban was drained for
$870,000 worth of crypto. The man is worth like 5 billion, so you don't have to cry for him. But he's it's not really been a great art for Mark Cuban. I feel like in in crypto he's he's got a he's got involved in a few like rug pulls. He involved in iron finance, remember? He lost money. He's he invested in a bunch of NFT companies which never really did that. Well, remember that too. Come on. He's had a he's had a pretty
Tory time, I think, in crypto. But he then came out and said publicly that he downloaded a dodgy meta mask from the Chrome store and that that had wiped this stuff. So he said it was from a like he fucked up with him downloading some sort of extension to one of his devices and that's what that's what caused that. He then moved all his assets to Coinbase. Probably sold everything. Yeah. He just. I think he marked the bottom again, you know, but but I don't. Know he did.
But. I think that was the initial article that did come out. There was a little bit more that came out later. He kind of went into a bit more detail about what actually had happened. But yeah, Mark, Mark Cubanon's fucking. It's the name of that, right? Like. He's he's just done incredibly well on that. So I think he's he's doing absolutely fine. Yeah, I think he'll be fine. And then the final thing was this eight coin, it looks like this is going to pass.
So it looks like they will be buying back. We can bring it up actually if you go on to maybe you do it for if you go on to the 8 Dow, eight coin Dow, AIPI think it's like the third one there and last time I checked it was 52% chance. Of it being passed. Oh wow, You got a snapshot? Yeah, directly we can go directly into snapshot. So it's it's. The 4th one. That one. There you go. We're at 55 against. Oh, so wow. No. But Matt, she hasn't voted, yo. But Matt, she hasn't voted yet,
that's what. I. Heard. So yeah, 54%. So it looks like it's going to pass. If Mattie hasn't voted, this is definitely passing. But it's looks like I think. It's quite. I like how he's not vote, how he's not voted yet because he and then say well people it passed even without me voting kind of thing, right? I think matchy always. Like I've I've been watching these big.
Proposals he's always waiting for the last second like he's it's it's not the first time match he's waiting for the last even during the elections for Apecoin council all. The time, right? He was just like. He would wait last minute maximizes leverage and then and then Tuesday winner to. I mean engagement farming wise like you wait till the last second to move like three and a half, $1,000,000 worth of Apecoin to vote.
I mean, I find this really interesting, but I do want to ask you, Ovie, what you think of that because you were the big Apecoin guy for the longest time on the show, like you were the one trading it and stuff like that, like. What do you think? It was just a Apecoin for me. It was just like it was a very simple play. It was like stake it for the first. Third of the year and then just sell it.
And that's exactly what I did. And that if you did that, you would have made like two or three times your money. But I think the problem is when people get attached to the staking and they just hold it for too long.
But inevitably as with all these taking protocols, what happens is people just end up selling in the UN actually not making any money by the end of it. So I think the plan it was to buy eight when it sold off in December last year, stake it for the first few months of the year and then sell all of it. Which is exactly what I did and I think that was the play.
That's what happened. Like I think I maybe sold it like a little bit too early by two or three weeks, but definitely not too early by the in the context of where it is now. I love the comment. Eightcoin has gone fucked up. It's like a $1.00 now. Yeah, it can't even drop below $1.00 one of the days. Did it. Fuck it, it's cuz of beanie. Yeah, yeah, Beanie, call the token going lower.
Five no, but I'm looking at this I'm just like that I'm like I just I mean I guess the the so from me looking at this like for close your eyes it's not much you proposing this whatever of your thoughts are much you Big Brother like isn't that like kind of bullish for the the the NFT's like. Nah, like they will pump for a hot 2nd and they'll sell off again, but you're not gonna buy them back all at once. Like, depends how they buy. Them.
Turns out they buy them, yeah. Yeah, all right, that's tranches. It says 11,000,008 coin in in in tranches. So anyways, I guess, I guess we'll see what happens on that front and we'll see, but it seems like Match is really the one that carrying the board at the Out Club NFT. Is that if you owned apes and you? Like you've had the liquidity to
sell your apes, right? Like, so maybe this does remove like if you're a large holder, you've had like blurs giving you liquidity to get out of your apes so many different times. So I feel as though this probably does help. It'll probably reduce the number of holders, but it does help clean up some of the like, right. I just need to get out like just get me an actual price so.
Although I guess some of the Blur AirDrop farmers, they might they might have some bags they need to double check into it. I know Maxie can't sell his H, right? He cannot sell his H into this. No, that would be. I guess you could sell them to somebody else who then sells them into it, but I'm sure Maxie's not an idiot. But there is. Yeah, I think there is a there's a chance that this does help the floor price. All I'm saying is nothing's ever been the same since you all left
the Yacht Club, you know? So, you know, ever since you guys sold I think. Crazily said that they were, they suddenly weren't cool yesterday and I was like, oh man, the moment he sold them, he's like, Oh yeah, not cool anymore. Oh yeah, yeah. Whenever you sell something, you already got a funding. Like that's the game that's part of crypto. It's like you're out. You would love something for year two years. You sell it. You have to hate it. I love it. I don't. I don't hate it.
But I've never thought they're cooler than crypto punks. Do I think they're a better trade than crypto punks? Yes, absolutely. But they were. Two different things, like me thinking something is a good trade or a good investment is not necessarily me thinking it's cool. I do think there was a time where you thought they were cooler than punks, though.
No, like I even, I even said like, you know when people made fun of everyone like in the queue and all this kind of stuff, like it's just like a bunch of dudes and like. I was like, yeah, I I completely get it. It is. It is exactly that. And it's definitely, it's maybe not somewhere where I would see myself personally, but at the end of the day, there are a lot of people like that who who have demand for it.
So that's why it makes it a good trade that you don't have to like something yourself to want to invest in it or trade it. You just have to appreciate the fact that there's enough people out there who do who can then drive this value. And and that was my view on it. So that hasn't changed. Yeah, I I definitely. Feel more accentuated now that I don't own any. But yeah, these. That's not Mando talking. That's Ovi. He's texting the chat. He's like, I ain't never seen
Mando with the crypto pug PFP. You ask us. That's the Ovi talking. It's so funny. So I'm actually dying of this text, right? I can't. It's crazy as always, just catching. I like you so funny. This is down there. Oh, but this is because this is what I get for using my phone like making breakfast. He's like, I never heard. Mando said punks were cooler than apes. He's he's got the receipts. Oh my God, dude. Wow. I bet you can hear. I'm, I'm.
I keep running every all the windows are open here. I bet you they can hear me from across the lake and zoo here. Probably hear me. Hey, yo. Yoder on the hill Oh my God. I've been to practicing my yodering when I got here since last few days. I'm not gonna lie. Anyways so we do have I think that's that's it like a good wrap around topic wise right And I think I can move on to to the interview.
Sorry. Y'all for the for the all the the organization shenanigans said I'm still getting used to the new format but I'm loving it. I'm loving the conversation dude. We get. Over speaking for the whole hour. That's crazy. It's crazy. I'm so happy, right? I'm so proud. He knows he's smiling because he knows. I love that. Off for half of it, but I like that though I I think like, I think it's part of the lore, like they're eating walking off doing that. I literally think this is part
of the shorts. I. Love this. It's going to shake. Of course it's going to shake. I cannot wait to a golfing with you next week anyways.