GM WEB3 EP #297 - podcast episode cover

GM WEB3 EP #297

Sep 19, 20231 hr 6 min
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Episode description

GM WEB3 on RUG RADIO - News, Art and Crypto all live with hosts Farokh, Mando and OSF, Monday to Friday at 10:30 AM ET.

Join one of the largest live conversations happening daily with the biggest names in the Crypto, NFT and Web3 space.

Streaming live on YouTube and Twitter 5 days a week with market reports in both stocks and crypto, daily news in both Art and NFT's alongside special guest appearances from across the tech world.

https://linktr.ee/rugradio

Transcript

Yo-yo, yo-yo, yo, what up? What up? Good morning, Good morning, GM. GM, it is Tuesday, right? I'm not crazy. It is Tuesday, September 19th, 2023. Look at that. Another beautiful day. To have a beautiful day, I got my cohost. In the house? Ah, man. Smiling. I that that you're happy I'm back, huh? It makes me happy too, but he's. Like I was, I was, I was happy, but it is I didn't have to bring the energy. But that was that's good. I can be a bit more chilled as a cohost. Exactly.

No, but it's good. Listen, I was thinking about this today. Are you saying that yes, I'm like, well, my utility is the energy, right? So if you had the energy, then like you're you're taking all the utility away from me. So then I'm like, you know, so it's good, it's good, you know. But I got my cohost in the house. OSF Mando. Good morning. What should I say? Good afternoon. How y'all doing today? Good, good. I can't wait to get back on

London time zone. Like, I feel like by the time I'm I've like woken up and like shout and everything. I'm like I've missed half the day here, like it's like it's a struggle to catch up. It's crazy. I'm the opposite of you. I much much, much prefer hosting at 10:30 in the morning cuz it's like I have my routine like wake up meetings, host right and then and then I'm free from noon. It's like all meetings in work. I think it depends on if you're a morning person or an afternoon person.

I'm definitely a morning person, so it's like I have to do all that stuff in the morning, but then it messes up with the golf schedule for sure. It definitely, well, yeah, It definitely messes up with the golf schedule because you have to play in the afternoon. So yeah, for sure, It definitely messes up with the golf as I mean. There was like some easy to use newsletter just just caught you up straight away. Yeah, yeah.

No, but it's not. Like this comes out like maybe an hour before you wake up. I don't know what that would be. You're talking about Nifty Portals newsletter, right? Like, that's the best newsletter in Web 3. Yeah, where is it NFT now? No, it was it's the It's the Morning Minute by by Tyler. Tyler D. Morning Minute MM I think it is. I think it's the right. Or is it the rug radios. Daily Topical post one. Of them. Yeah, I feel like we're missing

one. There's a really good one called the Modern Market Snapshot by Bcheck. That's a good one as well. Love them. There's a really good account called Elena, Elena ETH or something and she does like a good daily update. You know if you missed if you, if you. Missed everything encrypted to it? Don't worry because she's got you. No, I think he's talking about the guy who's on vacation now.

And this is true cuz ever since he's been on vacation, I don't get my best subscription minutes every day I'm Wally. Yeah, yeah. Wally switches with you as well. Yeah, you might as well to race quit this show. Right now I'm. Good. Save me. Save me. We're not fading, you motherfucker. I was just on your website. I'm like the first, the first, like the. I just saw it. The first bubble that comes up is faroque, the best crypto you spit these days. I'm right there.

I'm also always like one of the first five likes, that's for sure, because I got on, you know, I'm early actually. You know, from punk nine to five nine yesterday. Just cool, cool. Everyone else out. You saw, You saw my you saw my reply. It's so funny. I'll try to reply but it so I'll show you right now on the screen. In the day, I didn't know. I didn't know that it happened. Here's the weird thing with Twitter, right? Or X? Every Every time I try to reply,

it posted as a tweet. And so yesterday I put this tweet out and it just goes, I'll show you it goes. Hold on. Where is it, man? Do minutes. I'm like why did this tweet it out. It was a reply to this. So I have a tweet that just says bad no minutes. And people are probably like wait what the hell is this here? As I'm sure it's just a minute I'm like I didn't tweet that out I was replying yeah so and I was like why does my reply to 9550 likes? I'm like am I going to ratio

him? Anyway it's just And then his reply to mine was great too. We love the Minutes. This response is sponsored by Robic. It's so hard. I reply to it just for the the crying, crying guy. I mean, I thought, I thought it was good. But hey, like, it's fair.

You know what it is though. And I think that the fact that we named all these people is there's a lot of good content now in Web Three. Like genuinely inventing where there's some tennis, there's like, there's a lot of like, whatever, whoever you like, whatever you don't like. There's always someone to like catch you up on things and

whatnot. I do think that you know when it comes to shows and you know minutes and all this good stuff, you know, rock radio man minutes, DJ's for the front tech shit right now. Y'all. I played around with it for the first time this morning I think or yesterday that was pretty cool. But you know we, I think this crew here, we've got it covered.

But anyways, we've got our five topics for today that we're going to be jumping to but before before before this show is powered right at little octopus looking thingy is powered by cracking NFT. So if you go to cracking.com krakeand.com for slash rug radio, check it out click on it. Make sure you do it though. It's good for your boys. And by the way I literally use cracking as my personal off rank in Canada. I've been used before we even

start working with them. So I was like hell yeah this perfectly on brand for your boy. So David's got five top picks for y'all. They're gonna all five of them are gonna be great and I'm still getting the hang of this new thing. I do want to go quickly slide and shout out to my friends because that is up 100% boys and I see Mando is going hard. Now I'm just competing with the plebs AKOV while Meadow has fully taken off and away from us. We're on different category.

You know, he's the I, actually. Did 33 yesterday I saw he owns he owns a ton there. I started. He's going to do it. KVMS it's like and I did, I bought like 12 people but it took me like 40 minutes. Is it cuz it still takes time to buy like going and? You have to do a lot to do it. Yeah, you know I have a couple of very expensive people that rage quit because they realized that wasn't gonna buy your keys if it's to eat. But listen, it is what it is. It is what it is.

But today's top is your five top is a Bitcoin breaking 27 K F35 going missing. What the fuck is ton telegram coin NFT volumes and friend tech. And then last not least monthly subscriptions on eggs but also will be joined at the end of show by the one only Victor Fee Walsh. So that would be fun as his drop is coming. Embarrassing, but anyways, anyways, Anyways, without further ado, Mando, why don't you kick it off with topic #1? Yeah, so what's been going on in

crypto for the last 24 hours? Bitcoin did go up, just about 27 K You've got to about 1675. What you did see is a big rise in the open interest. Open interest is the number of the total number of shorts and longs in the futures markets, the perks markets. Then you had a big wipeout. I think Bitcoin went down to like 26 1/2. ETH went down to 1635 and most of that open interest that have been building up over the day. It was a big, big increase.

One of the biggest increases we've seen in weeks kind of all got wiped out and it felt as though we were about to chop around for a little bit longer. And then this morning Bitcoin went back above 27 K ETH is still underperforming. What you've seen is Bitcoin dominance has gone up a lot. So the ETH Bitcoin ratios at the lows of the year, Bitcoin dominance is back above 50%. There's just a lot of positive center. Sent around Bitcoin in particular most probably with the ETF coming up.

But yeah you're seeing outperform most altcoins out there. But yeah just generally a better better day. There were some headlines yesterday we did say remember that finance was going to be having its hearing at 3:00 PM that ended up happening thread doors were all over it that the big headlines come out of that. Is that the the auditor for finance us? Said that they did have trouble at times checking the

classization of finance. US basically checking that they had the money and that there was some intercompany loans it looks like or loans from CZ. Basically CZ funded the BAM account with about $250 million. It looks like BAM is one of the entities connected to finance, which they are claiming was potentially to do with some insider trading. When I look at this, it looks very, very likely that CZ basically controlled this BAM holding account.

So the idea of some sort of proprietary trading or insider trading seems very likely to me. That being said, this doesn't. This doesn't look again, there's no smoking gum with respect to insolvency. In my opinion, there's no smoking gum with respect to misappropriation of funds or anything like that. People some people have like, looked at this wrong and said this is like SBF when SBF took out loans from FDX for his own personal use.

This is not what that is. This looks like CC has actually put money into one of these now. Now you pick your poison. This doesn't make it seem even more like it's a it's insider trading. But it doesn't necessarily make it look like it's it's some form of of insolvency or like dodging

us in that respect. So I think they can come after him for for insider trading for sure and then the but the but the judge actually ruled in favor of of finance overnight he said that calm down the US was was hoping to go in there and like basically just. Ask for all the tech to be revealed, all the messages, everything. This judge was like, no, you have to go through a longer process, so violence wanted like a temporary win against the SEC.

Again, this is all Finance US. This isn't finance Global Finance US is a tiny fraction of the market right now. My my view is that it will no no longer exist in the coming months, alongside maybe some of their European entities. So do it that way, you will. I mean it is a bit of, I saw the headline at first because I was, I was curious to see what was going to happen, right. I had a trade on close it before because I was like too scared anyways.

But but I was just like, I I was just looking at it. I was like wow, are we going to get some like crazy news? And I saw it. I was like, oh, OK. But it's just interesting the fact that they keep comparing it to FTX from the outsider perspective when like Sam Beckman Free was just doing that to like pompous shit coins and like fun like his Amazon deliveries with his private jet. And then you have like finances like he's actually putting his own money to try and like keep his shit afloat.

Now look, I don't know what that means for B&B. You guys know better than me. But you know I don't. I think that you know all the Adam Cochran's of this world are kind of like trying to push the needle a little too much. And I think the fearmongering is kind of not needed in this case. It's easy innocent. I don't know. He is one of the biggest names in crypto. So probably not but also I don't, you know probably like a little little tap on a you know slap on the wrist fine.

And and, you know, let's get, let's get back to, let's get that back to up only, you know. It feels like he was running a well funded version of Alameda. That's what I would say, like that's what it looks like. It doesn't. Mean that he is. Everything's insolvent, but it definitely looks like he had his own private trading firm within finance, which he was funding and most probably had a lot of information to. Which kind of makes sense.

Everyone always says, you know, like trade on finance, they have all your information. Like they clearly have some internal market makers who are making money off the back of you like it's. It's unsurprising. Most probably illegal, but it doesn't necessarily mean you're not getting your money back that way. We're not in that world, which is the FDX world.

Yeah, it's gonna be interesting. I remember my first time I used Buy Nuts. It's gonna it's it's definitely it's definitely it's definitely weird. Now. Thinking about this was like banning Canada now. So anyways, you can't even use it. That's why he's cracking. There you go. There you go, little plug while we're at it, that's interesting. Mine anyways, we got the Fed and all this stuff, all y'all's numbers.

I always going to get busy on the show starting tomorrow, Thursday and Friday. You have a lot to talk about. But anyways I think I think I said on the marketing on markets, I just, I have a quick question. Like I know we weren't meant to like necessarily talk about this, but you mentioned something about like East the other day like how it's trading at like certain percentage of something. I said in your minutes is like one of your main topics and I couldn't come and show that I

was just. Curious model which is based on the number of users. Of the L twos, it was just a valuation model that somebody purported and it said that Eve is trading at a 27% discount versus the total number of users of across L ones and L twos. And this is compared to other blockchains. So it was just a valuation model. That said, it looked pretty

cheap, which is kind of true. Like one thing that you've seen is a growth in the number of EVE addresses on both L ones, Bitcoin and EVE, but also a massive explosion. In the number of addresses on each L twos like base Matic at least the EBM side, ZK, optimism, Arbitram like they the number of users has really gone exponential at that layer. So the the idea is that and that hasn't really shown up in each data right like it hasn't really grown.

So it's it's basically saying that with the with the user growth that we've seen across. The L2 network that it should be, it's massively undervalued. All right. Well, I guess we'll see what that takes us, right market, I think it's going to be mostly the over the week. So we'll see what happens in the Fed. But anyways, topic #2, today, topic #2, I mean, we saw people make a little, little piece about it saying that he's found

it, right? Because I believe the F35 was was lost in North Charleston. So there's an F35 fighter jet that crashed in South Carolina after the pilot ejected, and they can't seem to find it. And I think that from what I've seen, they're asking the people now to like, there's like a bounty out there, trying to, like, help find the plane. What the hell is going on over there? Are we going? They found debris.

This is like the main like I don't know mainstream media news source that have thing that happened yesterday. Yeah, they have a F35. Got lost got lost.

I think the the pilot ejected it's a stealth it's a stealth fight of this like it's they are traditionally very, very difficult to find and they said that when he ejected it may have also hurt like the the communication equipment and then they just like lost it for a few hours like in a rural but not that rural place in in America on the East Coast near near Charleston. And then, yeah, it looks like they found debris, so it's now all been found. But that was a weird story yesterday.

Given this is $100 million jet, this isn't just some small thing that you can just lose 100. Yeah, these jets cost a lot, right? So maybe it's linked to the aliens. Yo, that's crazy. Do we? Do you guys talk about the aliens? That might miss a lot of cool shit because I was talking with Danny and Vanessa. I don't. Know if you tried to do a lot of alien chat, actually, like when we tried to do more of the mainstream stuff, we tried to focus on like the the the same

thing. I think I don't know about you guys, but that that stuff definitely fake. Anyways, It's real. You think those little, if that's what aliens look like, they can come from me. I'll kick him right in the face, like. Careful what you say, man, because. We say to our. People, physically they may, this may seem very weak, but they have powers that we don't. It's true. It's true. You're short. Like like the two of us short kinks, you know, we. I wouldn't.

I wouldn't piss them off. I'm just saying, I wouldn't piss them off either. You know, Amanda, you don't know what it's like to be short, but short people, They're powerful, you know? And I saw the cake thing. Sims just sent us the cake photo. It's so funny. But anyways, that fighter jet thing, that's yeah, they're listening. Jello bite say yeah, OSF is right, They're listening. I'm like, Oh my God yeah, Someone said regarding the jet, the pilot was buying keys on Frantech.

That's so good, he was probably throwing 33 and then the stealth jet got lost. That's crazy, right? You're talking about it not being like that crazy much of A like a a rule a rural area. But it's I don't know I thought it was. I thought it was interesting. I couldn't find it. I mean you know puts the whole stealth word. It's a stealth fighter jet. So that happened and I thought that was interesting. But anyways, next story here is is is ton. So you have like this telegram coin.

Mando. What's? What's up with that? Yes, Ton actually overtook Solana yesterday in market cap. It's it's like people just haven't been following it in the FT space. But if you remember back in 2017, I think Telegram did an ICO coin which they don't have to give the money back to. Tom is like a coin which has been developed kind of alongside Telegram, not by the actual Telegram team and it's now being integrated into Telegram with their own Telegram wallet.

So you're going to be out to like, do Web three stuff on Telegram now? 800 million users. So people are saying this could now be a competitor to Matter Mask. It's also its own blockchain, so any apps that can be developed on there, it becomes like the gas token. It's up a lot over the course of this year, I think it was it was like in the top 30 and now it's

in the top 15 of all coins. But it's just something to pay attention to. Like the two ones that I've been seeing which have really made the move are this Tong coin and no one called Casper. But these are the sort of coins that if we are entering another cycle, we think 2024 is the sort of cycle, look, Solana did 100X on the last cycle, right, that bull market evaluations are absolutely insane for new

narratives sometimes. And I look at something like this and I think it's just something to pay attention to, like it's just overtaken Solana. That's that's how crazy it is. And no one is talking about it. So I just, I don't miss that we're out here on TG. I'm not. It's in. The top. What's the like? What does the Techonomics of other look like? Like what's the how much of it of the supplier circulating? 3/5 of it is, is is maybe even close to 80% of it is already circulated.

So it's largely, it's largely. To get them. OK, to economics, but yeah, not close to a $9 billion valuation now. It's up 43% in just the last seven days alone. Wow. Yeah, but introduced in August 17th, It's been a month already. Yeah, it's it's just something that we just should all pay attention to. I think I agree. And it did like I think it when it first came out, it came out like an even higher valuation. It's like dip since then, but

now it's come back strong. Like it's come back strong. I think it hit its all time high in 2021 and then it kind of came back down. But yeah, this year has been a very, very strong year for it, particularly since like the start of last month. It's I think more than doubled over the last month. And look, this is kind of the thing we all talk about how difficult it is to on board people Meta Mask obviously it's an app, it's trying to integrate

in that way. But Telegram is like it could become like the Web three WhatsApp. And you do all of your crypto on it, right? Like, you could this could become its own payments network, it could do its own, you could do a lot of stuff from an app. It's like if WhatsApp decided to do its own coin or something

like that. So I feel as though it's something for people to pay attention to now they've really integrated it and now it's just it's overthinking because it's got that application layer kind of dumb, like it's already could be used as that very, very quickly. And Telegram just has so many different users that it seems like a good app to look at. I'm not saying the story's like you should buy into tonko and like it's up 2 1/2 X in. $9

billion token. Yeah, it's a $9 billion token, but it's, you know, Solana went to 60 billion, maybe lost. Well, in the bull run, maybe even high. What did Solana get? Too intelligent? It was $250. That's it was around. That's where it talks. I don't know what 10X from where it is now, basically. Four. Yeah, yeah. It's nearly 100 billion for Solana during the bull run. Just a narrative to pay attention to. No one in there. I'm in Telegram. Right now, yeah.

Well, I went to Asia. I'm telegrammed in bro. I got folders now. I got. I moved a bunch of rugby to partnerships on Telegram this morning. Like all the people I met over there, I did, I did a bunch of chats, group chats, like folders going on, active partnerships, blah, blah, blah. The alpha, the telegram, because it's a mess and it's a cesspool of chats is folders. Make folders or you're not going to have a good time experience, let me tell you that.

That's for sure. So you put, you make a folder, you add things everywhere. So that's actually interesting. It could. It is kind of a super app in the end, right, with that. So that's actually super intriguing and interesting. Everybody uses Telegram like everybody gets put in touch with. That has something going on for themselves in space, right? Like it's a disco token as well. Like it's you can see how very, very quickly if you can onboard that many people it becomes.

Or if Twitter is its own coin, like people will suddenly use it. I mean, Speaking of Twitter, why don't you hit us with topic number three? Well, I thought I'd throw this back to you. You're the social media guy. Well, but I messed up. I went for Taun because I saw the list wrong. Then I had like, you know, I'm still getting the hang of this whole like 5 topics of the day. Shit, it's so funny when you're

like not acclimated something. It's almost like a it's not like I've hosted over 1000 spaces in clubhouse, right? I come in like cold Turkey. I'm so freaking lost. All right, well, back to me. Well, topic #3. Elon Musk suggest suggest so funny that X will soon charge a monthly fee to use the platform. I mean are we already playing that? Oh no, it's too blue. So it seems like Elon Musk wants to charge people to use the

platform as a whole. I mean if it might quick tell you as as user, as a power user of a lot of social media platform is it's great to eradicate bots completely and stuff like that. But. I feel like a lot of people just like the free stuff, Like even from the little things like the second you have free things like

free merch. Like it could be the cheapest Gildan or American Apparel tshirt with a step on it that will wash off on the first wash and go from a size large to a size extra small and in one wash people will still fight for it, right? We know what it's like to get free things out on Twitter and what not in the NFT and Web 3 space. I think if you make something, pay to play. I think it's gonna remove. I think it's gonna remove a lot of users from the platform, but

I don't know. What do you two think about this? It's bold. It's very bold. I think it's somebody who would pay. I like it, if I'm honest, because it gets for me, the experience of Twitter has actually, particularly the search function is just a joke at the moment because of the number of bots who are using that stuff. Like, I can't even search for

anything. So when I'm doing any of this new stuff like it's it's just like a joke and the replies and you can just go to something like Manda minutes to either fucking replies. It's just, it's just. Anything it's it's very, very difficult. So I think bots is a real problem.

I feel this is, this is a big risk for Elon though because suddenly it might make it look, this is really going to expose how many people are actually on Twitter And for a company like Twitter, which the financing of that deal was tough and I think it's the bonds are now trading and they're trading at like 70% or 80% of face value. So they're trading at a

discount. I think it does put a lot of stress on the situation, but I actually think it would improve my use of like from a purely selfish perspective, I think CT would all stay on it and I think I think it would improve the the actual situation. But it's a slippery slope. I agree. Like maybe once you start introducing a small payment, it becomes a big payment and you know you do see what happens. Like Netflix?

Now you're paying like 25 bucks. Or like the Netflix is whatever the hell it is. I don't know, like someone said something pretty good. Now I'm curious to hear what you have to say over about this, but it said. Can be the world's town square if you have to pay to get in. And I think Elon's pride and joy about Twitter and he's talked about a lot and even saw some of the stuff about his autobiography is that Twitter is like the town square of the

world. Like he just isn't he doing like a spaces like Netanyahu and all that stuff. But yeah, like he did the bunch of presidential election stuff leading up to it. I think by removing that you remove that for example the election stuff he's doing. I think it's cool. Like, I like that he's getting like, you know, Democrat and Republican people to come in and

interview them. So the people won't actually be able to listen to it. And a lot of people maybe don't pay for cable, don't pay for this. And if X is that app or that's what the ethos of Twitterize was, I feel they removing that. And I think that like, I don't like token gating content, which is also why we don't token gate our content at rug radio, even our show included. I think it should be democratized access to education and to what we're doing and the extra stuff, maybe what you're

offering for that. Plus I like friend tech, it's like this extra layer. Hey you want to get more info from what Mendos giving out? Pay for it, right? But I don't know. I don't like the idea of social platforms being paid or play. What do you think, Ovi? Yeah, you can't. It can't be completely inclusive. If you have to pay to get in, like it's just going to, it's going to cut out a large amount of people and it will gear the twisted population to a certain

demographic. Whereas like right now it's like you have all ends of the spectrum, pretty much everything in the world right now because it's free. The problem is bots. Like how do you stop bots and? I think, I actually do think to his credit, the bot situation has improved dramatically now compared to before. Like you do have to have lots of verification requirements and if you create a new account then they keep doing all these checks and stuff to make sure you're not bots.

I do think the bots situation has improved a lot actually. It could be better and I think they just have to keep that. Like the focus should be on keeping on creating tech to prevent bots rather than paying the whole thing behind the paywall because. It will change Twitter for it. The best thing about Twitter is you will have like people at all extremities in like the human world in terms of their beliefs

and thoughts and ideologies. And that's where you get so much debate and like arguments on it because you'll get like, I don't know, someone really left wing and someone really right wing having just like like a random debate. And that happens all the time. So I think losing that would kind of lose Twitter as like this. Like Town Square, as whoever put it that way, I think is a good way to put it. But Elon has to keep it afloat,

doesn't he? Like he has to show some money into some cash flow coming in. So how do you do that? I would say that I agree with. I mean, I wasn't thinking about it enough, like internationally, like maybe $1.00, but that might that might hurt uses like it is a global town square, right? Like $1.00 or whatever could be very expensive for people in

lots of different places. So even if it's comparatively cheap for Elon living in, you know, Palo Alto, that could be very different to like the world. So I do think that could hurt, it could hurt the diversity of conversation and particularly things like crypto, right, like where you're really trying to like often awaken those sort of geographies. Yeah. Yeah, I guess we'll see where that goes. But obviously the selfishly, you're right on the selfish

part. It's like we're all It's not gonna affect that much if anything's gonna clean out my feet, but it's like. Those bots, man. I you know what it makes me like? It repulses me from like reading anybody's replies. Like I don't want to read any replies anymore cuz I'm just like, why would I bother? Like I just read the tweet and get over with. But I don't know, I mean, 9059, you're on stage. You got any takes on this Elon stuff? For what? Good morning. Yeah, what?

Can you hear me? Yes, Sir. I mean I got so many takes on this. Like I feel like bots is like this pet issue for Elon. That it's like he's just so obsessed with it and I think it's because if you go back to the beginning of when he took over Twitter, he said I shouldn't have to do it because

it's all bots. And like they said, you still got to do it. And his pride was on the line and he's just on this like war with bots and he is failing so miserably that he just keeps doubling down on it. I'd say that. The impact of bots on my experience as a user, someone who spends a lot of time on Twitter or spends a lot of time on X. Like the impact of bots is very minimal. Like, they're there, they're annoying as fuck. But it hasn't gotten better at all.

Like it's the one issue he's talked about since he took over and it hasn't improved at all. And the idea that charging money is suddenly going to get rid of them is crazy. The bots that are fishing for, the bots that are out there fishing for, you know, to take all our money, like you think they care about paying $8. You think they're less, you think they're more price sensitive than our users are. And what ultimately is going to happen?

The bots aren't going to go anywhere, just like everything he's done hasn't. Worked but. What's going to happen is people like you and me are going to lose our audience because. Yeah, there are a lot of people all over the world. I know a lot of people who have

plenty of money. We just don't wanna pay $8 a month already and we're just gonna lose audience and it's gonna make it a worse place for us to build because our potential reach as people who use Twitter, who build out our ex platform because we want reach, that's what we care about. That's kind of the dopamine hit we go after is gonna get crushed.

The more people have to pay. So it's I like, but it's all because it. I feel like we're watching this like, madman with this just weird obsession with bots. And the rest of the users were kind of like, yeah, they're annoying, but you can't, you can't win this battle. And we care about other things a whole lot more. And he's like, I got to do it because of bots. I mean, I literally feel like I'm just watching someone in their own obsessive world that makes zero sense to anyone.

Else. Yo that that that's a that's a take right there. That's a take right there 905. I like that like that like that's a ticket. I think you're. I think you're pretty right. He is obsessed with bots, says the first day he. And it hasn't gotten any. Better. It did not get any better. And you and it's those laws, right? Those laws. But now it's bad, Bad. Well, yeah, one could argue at the margin like this is gone this, but like not like.

My experience as a user who spends hours a day on that platform is like it was annoying then, it's annoying now. It's basically not in change and I care about other things. A lot more. It's crazy. We have to deal with two things on CT We have to deal with the cesspool of bear market and people's takes and also the bots. We're just getting hammered from both sides. Every morning I wake up and just get pushed in the balls twice. But it is what it is anyway.

That's why I'm having so much more fun here on the YouTube, which by the way, remember subscribe to our YouTube channel if you're a rug video, you know it's so clean. Oh my God, I love it. They clean out everything. I like that. I see there's if I'm not mistaken since talking about some WRECKED video stuff going on for channel wise to see how we can cook those shorts anyway, so make sure you go there some good stuff. Speaking of wrecked on us tomorrow, so we'll talk about it

tomorrow. Guys are fire against coming on tomorrow. Can be fun, but anyways, last topic man. Though to you, baby, well, actually we have nine and five, nine here, so he's the person I took. I know, it's so good. I am just an aggregator of views. But yeah, like it looks as though frantic volume is just destroying NFT volume at the moment in terms of comparative

size. It's the sixth straight day that it beat it. NFT volumes I think hit a year to date low like breach through the yesterday low by about 30% on Sunday. It definitely and it's all the same crew, right It's it's just the NFT community is now moved to trading front tech alongside maybe some CT people but it's just the same people. But we've all just decided to

move there. You've seen some big sales some in the NFT world and interesting like gaming has really come back as a narrative these, these Sugar Town NF T's have done well. There's been a few other like wins kind of go up like 0.51 E So some of those those assets have come back. Some of them are like before the game even comes out, some of them are off, the game comes out. But that seems to be the only real area which is doing OK at the moment.

But yeah, if I bring up degens it's it's been a very, very quiet and not a not a very healthy period for the last 30 days in in NFT world particularly for some of the for like the top collections. You know what I really mean that this is the I I I don't even know what any of these floors were for last week and 1/2 for two or three weeks. This is my first time looking at it.

I I have no clue. It's and it's just exact same as when I left two weeks ago and came back on the show something lower but but it the volumes right board H is 660 that's that's done a lot. Yeah. Where I bought H now. 24. Yeah, it seems to be this. It seems to be like flat. They seems to have like stalled out here, haven't they? Like they've been in this range now for a few weeks and we had that small pump and then we came

back down again. But yeah, I don't know like, I just don't see my timeline is like nothing to do with Nft's anymore. Maybe that's because? Of the stuff that I'm. Is being curated for me, but yeah, and the volumes just. No, no, NFT people are only talking about coins and and especially I mean I know thread guy had his mega mega space last night. Like even thread guys, thread guys not doing NFT spaces bro.

You know, I mean and that's like one of the I mean look at us, look at, look at us, look at the boys before us, nifty portal those guys they're talking about like Conor McGregor and shit on the show and going viral, talking about like pop culture stuff you know what I mean? And look at our content, our top five. I mean, of course it's crypto

heavy and. We it'll continue to be but when you look at everything it's it's it's really it's gonna be different and I and I'm not putting art in this category at all because the art and there's a lot of topic conversation and this and that is a lot of stuff going on that front and and what not but it's it's really it's been interesting to see that when will we see a return I I I don't really know I'm going through these I haven't gone through down to the list of the

top 100 on Dgens in a long time guys I'm really just like scrolling through. But everything Penguins might, might flip mutants. It's flipped everything right? Like Pudgie's is now flipped. Azuki and Bego is pretty. Comfortable as it should though, as it should though. And Luca keeps talking about something that's coming very that something big that's coming. And Full disclosure like he will be coming on our show very soon and you will be hearing him as a special guest very soon on on.

And I had the chance to have breakfast with him in Singapore. And that guy, he's got that dog in him. Like it's just like nonstop and and you know as as he should it it he should be the number 2 by default after that the board 8. Like it should be pudgy Penguins if you ask me at this moment. Like in terms of utility PFP meta it should be that right? And then when I look at you guys like of course, of course I'm a fan. Of course I'm bias, not talk right guy. But even things like that, the

art meta never left the utility. PF P's are getting trashed and actually destroyed. The queen that should be rising in my opinion should be the more the art focused PFPS. I love the MFS still like I love the fact that I saw that tweet that went viral. We can copy pasta to from from the junior like the classic one about like their budgets. Now they have no funding and it's not, but they're still like the output is pretty big. Like I remain a fan of those.

And I do think that if you look at bull market narratives, once everyone's done playing with their friend tag, 33 shares and all that stuff, you know. It's it's a lot going on right.

But but 905, I mean it is your tweet that that were that we were showing on the screen here with regards to volumes and what do you what do you make of all this But thanks for the shout out earlier I saw I saw 90 NFT statistics tags I'm like yes I made a stat I made a stat and it was about my friend tech share doubling. Oh wow. Yeah. My focus are. Fading me, bro. I almost felt insulted. I'm like, dude. I really needed to come back to

this goddamn show, huh? But talk to us more like What's your take on all this? I'm I'm trying to find a good metric for how to like measure this actual market buy versus sell. Volume actually is kind of interesting because you know, I mean I can, I can pull it up. Yeah, it's different from NFT's and NFT's. Every trade is a buy and a sell, right, because so volume.

Volume is kind of lately in NFTS actually for for most of like the blur era, like high volume days have been down days like high volume days have not been good for NFTS because more than 50% of Blur volume is people dumping into bits. So volume is not a great metric on friend tech. It kind of isn't bad because every trade is either a buy or a

sell. So you can see like you know, like you can see our were there like was there a lot of buy volume or was there a sell volume because you're trading against the bonding curve, not trading against another person. So that's like. Want to be interesting metrics is like buy volume versus sell volume. I've started like building some indexes though that look at the top 250 keys yesterday and like how did how did the top 250 keys for everyday trade over the next 24 hours.

And that stuff at least recently has all been pretty flat. I feel like things have been pretty much flat since Friday. The thing I really want to dig into is understanding how much money people are losing to fees, because I just think like. I just think like with with 20% fees on in and out and the fact that we're getting a little bit of saturation here.

This just has to be like one of the like overtime if you're missing out on the initial pumps like this just has to be like one of the most easy negative trades out there just given you're paying 20% fees for every trade. And I think a lot of the reason people think they're up so much is because like they're unrealized gains are big because they're just holding. But like, I don't know it's

like. Yeah, there's a hundred, the overall market caps a little bit over $100 million total youth put in has been about $35 million something maybe a little bit more, but overall like people think they're up a lot relative to how much has been put in. So I I, I just kind of want to dig in a little bit to what's actually happening on the PNL front. Those are all just thoughts on data. I could ramble forever on thoughts of like what's actually

going on here. But you know, we we, I feel like everyone's doing that right now. When? When's your friend tech coming? That's the real question here. I said and launched. I like. I've just been like busy with other stuff and I just don't like. Yeah dude, what the hell? You don't have a friend tech. I don't have one and I'm not like against doing it. I just like haven't. I like wanna have a day where I like actually have time to respond to people if I go on there cuz I hate when I'm on A

room. Like I have an alt accounts, I'm in a few like I'm a I'm a keyhole. Are you OX5C F whatever the fuck? No. I I put in literally less than .1 es like I I own like 3 keys and they're all not worthwhile. Do you have my? Key 33, Hell no. And I'll definitely not be 33. Like, I'm not going into any of that stupidity. Not stupid. I mean, you guys do what you want. I think there's like, value there, but that's like, that's just not for me. No, I mean ultimately like.

That 3/3 was beating if you were just coming on there as an influencer or even if you're like trying to provide value. I think what we saw over the last week is that 33 just beats that 33. It just beats it. Well, no one wants. But then the next one is, what are you thinking? Like if they want to know, you think the other ways to get ahold, you're not going to, they're not going to pay $1800 for that.

Well, I do. Think there is value in some of the chats I do. I do think now it's going to be like 3-3. Everyone runs out of money. Like there's no doubt everyone's going to start running out of money. Now the next move here is right. We've all done 3/3. Now. Now what's valuable? So I think that's true 33. I feel like right now people just want to go in there to chat, like which friend tech keys are going to pump. And like 3-3 is kind of part of that.

Like it's like you're in there to pump Frantech. That's what, 33 signals, it signals that. Like you're not like, it signals like you're there. You don't care who buys your key. You're just there to like be part of this. You're there to be part of like the pure financialization of Frantech, AirDrop, whatever, you know, And that's just not a game I personally want to play. Like, I just like, I don't want the money that I'll get from fee generation enough to want to

waste my time doing that. And kind of it's for my reputation. It's just not like the type of where I've been acting in this space and I don't know that that that just made. It time you heard the man, you heard the man. So anyways so thanks for your take so but just to make sure though that you know if you're going to make a friend take you know hit your boys up.

That's the other thing. I got literally everyone's D Ming me. Everyone's D Ming me and I'm like my my good friends like people I know and and care about in real life are like DM me. Like tell me when you're done. I'm like guys are all. You're good friends. You're all losers. You're all losing. You're Dming me about making 1.2 E so you can beat a bunch of people on a stupid. Party. Get the fuck out of my DMS. I'm sorry. I'm not Dming him. I'm not Dming him about that.

I'm not Dming him. Come on. But you're good friends. How about y'all y'all are my good friends? You all are. I'm just saying I got like, we've hung out a lot. I'm just saying when Pew like I've I've gone off on people. I'm like guys. I mean, this can get this like it's just so dumb. You can tell you could. Who hurt him? Who hurt him? Who are my boy? I was just in Korea with him. This is so happy. Pain all coming out. I was at the deep emotion exhibit with him and he was

vibing. He was like smiling with taking photos together, you know, and who hurt the man. Who heard the man? It's frantic. Hurt this man. God damn it. Anyways, thank you for coming up. And I like the hot listen. I like the hot taste, cuz the other night I was similarly I was like. Why would do this three three thing? Because at some point you run out and then the value will rise to the top. But I do think that if you has a perfect mix of that and this and that, it could be interesting.

But anyways, I'm sure we'll talk about frantic a whole lot more and it coming. I think all that that's the other thing like I think like for its purpose like the purpose of this is like make money on the shortterm liquidity injection, right, Like there's a shortterm liquidity injection here like and it could be longer term because there's the AirDrop coming. We saw we know that airdrops can

be lucrative. I think there's like there is a game here that is very I have nothing against people playing. I think it's super. It makes sense. Like this isn't like this is taking over. This is the place to make money right now and people are making money. Like the fees people are making are crazy. That's real money. This is not like that aspect, like it's legit, you know? So I'm not like hating on it in general. It's just that's not something I want to play right now.

That's it. Listen, I guess we'll see. I guess we'll see. And the none of us know, none of us know. But we can only keep on trying and staying Chris. But anyways. Anyways, that was the big last. Those were the five big topics of the day when it comes to everything. So obviously you can always see the recaps and whatnot on YouTube. We always stream live on YouTube, we actually stream live.

Also video on on, on X. Hopefully that doesn't go to zero once there's monthly subscriptions and and then but anyways that's when I see fewer in the studio, fewer. I see cameras, You see this camera on. Can you guys see the back end? I'm so freaking funny. Oh my. Good. Hello. Good morning, GM, GM, everyone. Based on yesterday, we have fuel on today. You both were together, you know, traveling around Korea.

I just want to ask you, like, because we were talking about Korea yesterday and like the art world and stuff. What did you make? What was? Because I love defenses, kind of takes on that. How What did you make of your trip in Korea? Oh, I loved it. It was so great. I don't know. Everything was just better. I was like, Dang, it was. So the cars were quieter. I don't know it was. Just yeah, I noticed that you do

not hear a thing. Dude, I swear I almost got hit by a car like five times because I was walking and there sometimes there's no sidewalks. So I would just walk and then a car. I would be like, where'd that car come from? And then I came back to New York and it was really loud. I was just like ow. Well, yeah, you're in New York too. I mean, you know what? What? That's one thing, guys. In single port, there's no sidewalks. And I was like, but is it

illegal to jaywalk? There's a lot of hella illegal things there, like chewing gum. So, like, am I going to go to prison if I, like, walk for like, jaywalk here when the Torres, Jaywalker, French after all. But in in Seoul is the same thing, except that you do not hear a thing. And let me tell you all by the way, Amanda. Oh, I gotta say something. Their electric cars with their Kias and the Hyundais over

there, they're looking nice. Like you to those electric cars, the cheapest standard Taxi. Uber's why it was called that song. It's called Cacao T Cacao Taxi over there. You'll feel like you're in like a Uber black limousine. I don't know what the hell. And it's like and like wow. I think it's wow that we don't have them all on this. Car. Thank you X and I thought it was a Mercedes or something. He was like, yo, did you know this is a Kia? And I was like. I love that.

That's one thing about it. So. But I I love that you that you that you went and that you were hopping around with with D Face we had on yesterday. I think thinking his stuff should be opening anytime now. So the. Option is in like 3 hours or something. So good luck. Good luck to D to D face with D face and Dks right and. I'm gonna hear you, I called. Yesterday I was like, oh shit, but. I heard that. I heard you say that, and I was like. I know, I know. I was probably making fun of me

in the back of it's fuel. We're here to talk to you about you. It's your week. Your big week is coming. Big week is coming. The fuels are finally launching. I mean, this is arguably what probably the biggest thing you've ever worked on. You've been working on it for me because you did come on the show. I think it was a few months ago. We we chatted with the boys. About fewer world and everything you were up to, but this is the week. I mean, how you feeling about all that?

Oh dude, it feels weird. I've never worked on. It's been a year and a half. I counted 533 days. I've never worked on that long on anything. It's crazy. It's weird. I'm proud. The art is so good, but I don't know the, you know, the space moves so fast and there's always stuff happening all the time and. It it's been really cool to just spend a year making what I think is the best thing I could have made it's. Really cool. Wow, that's exciting.

So just so so the dates of that September 24th and 25th is when we're looking at this drop. You've been working on it for a minute. I love the teases you've been dropping. I know you've been going on your Discord and doing a bunch of AM A's and kind of like showing people the alpha and everything you've been building. Which one is your favorite character? And then you got all these different characters. Which one's your favorite? So in few words, there's three

species. There's the humanoid, the Frankenstein, and a misunderstood. I like Frankenstein's because they're super complex and their eyeballs are falling out and they got weird brains and they're on fire and bleeding everywhere. Misunderstood, they're a little bit more cutesy and humanoids. You know, everyone likes having a PFP that represents them, that they feel looks kind of like them. So those are for those people. Which they're cool too.

But that's crazy, yeah. These are all looking crazy. I mean, for anybody who was curious about the making of, it was actually crazy when you were talking about the work that went to look at this. Is that my hair right there? That's crazy. It is literally modeled that hair after your PFP. How wild is this? There's the hair trait. Now we have the Cory Van Lou that did it with us. More of the hair trait after me. I find that so cool. And those characters are so cool. What?

About that is I've shown that trait to other people and they're like, that looks like Farrok's hair and I'm like it literally is thank you I'm so happy. It means you did a good job. If you really modeled after it and you know if if people wouldn't realize it, I'd be a I'd be a little worried. But anyways, let's get into the details of this drop. Like this is like, you know, we were talking just a few moments ago about how in the NFT space a

lot of the stuff has been stale. I I think obviously like I guess a lot of people are scared also to like do a drop in this market and whatnot. But you guys have been working on this for over a year and a half now because the main I remember we were it was when we were in LA for NFTLA in February 2022 that the pain drops, that the pain drops sold and now look at that. Every paint drop gets you one fuel and just free for free for convenient freak.

Actually, can I ask you, I know like a lot of people work on this with you, but for you personally, why did you want to make this free for the people? Because I think, I think that's a, I personally think it's really good decision. Well, when I drop paint in April, wow, it's crazy how long it's been when I drop paint. I said I was like, this is an experiment. Fuel World is an experiment. I don't know what I'm doing. I want to make few OHS.

I want them to be weird. I want to explore, make crazy things. Here's paint to start. And I did not think as many people would buy paint as they did. Genuinely. I'm not saying that to be humble. I literally thought maybe like 1000 people would buy it or something. So a lot of people believed in it, and I was just like, you know what? We're making few O's. It's art I love a lot. Y'all believe it in me. Here have a free few O thank you so much for like paint is so weird.

What even is that? You bought a paint drop. What the What? Thank you. That's that's pretty cool. So you have you also, I wish I was in New York actually were Speaking of friend tech. There was someone in my Friend Tech earlier this week that was asking me if I'm going to be at the at the New York event. You got a little event going on, right?

What is it? Yeah, we rented at a movie theater and we made a short film to celebrate demos, and I'm really excited about it. Wait, you rented a movie theater? Yeah, you made a short film. Yeah, we made a short film because because I love, like, this is all art. And Filos are all these people and it's cool. Pfp's whatever. But it's like, yeah, but it's a story. What is the story? So we made a short film and I wanna show it and I don't, you know, it's cool that we.

All are you gonna post this? What's this shown to people? Like, yeah, we're gonna. Post it? Yeah, we're gonna post it. But I wanted someone to watch it in a cool setting and not just on their cell phone, you know? OK yeah, cuz I go to see this, like I remember when you did your first short film slash story with like the Mr. Misunderstood first character. Yeah, came whole trailer. And I remember you back then talk about how you one that you wish to make your own movie or short film.

So it seems like you finally made it. This is really cool. OK. I'm excited for you. So for the people who are here listening, cuz there was the person, I think it was, I think he's actually in the audience right now. Yeah, it was. It was push and pee. He was in that my friend Tech, he was asking if I'm coming to your event in New York, so I'm assuming he's going to be there.

So that's super fun. Make sure you take a bunch of photos and videos and send them to me, send them to me and post them to the timeline because I think it's hella cool that you finally like you're doing your movie and all this and that. They're finally dropping. So this is a big, this is going to be a big fuel week and there's going to be a lot of stuff going on on there. So let me just share actually the timeline of it all, because there's.

It's good for people to know what's happening because there's a lot of things to to look after. Here you got so the snapshot on September 25th at 1:00 PM, right? Which is for paint holders specifically. Right. Well, if you have my art. Just like a snapshot of everything for fuel. World All things feel the snapshot on the 25th at 1:00 PM then you got the paint holder is going to be an AirDrop, right? Is super cool. So each paint holder receives an AirDrop.

Because I love how you guys even have the times here. This is an organized a F Look at that. Oh wait, I'm not sharing my screen here. I don't know why it does that now. It used to like, let me share the screen automatically. There you go. Now I'm sharing the screen. So then you have the AirDrop. Super cool. So that's going to be coming. I have hella paint, so I can't wait to see my paint. Then you can, you can change for a temp of the fire. Do you want to explain that?

Because there's a bunch of people that minted big paint, so I'm one of them, actually. So when I went when you were doing the drop and I hosted things, but I still went and bought my own, like I bought my own like 20 paint because I wanted a different I didn't want like 21 paints, I wanted A20 paint and some people wanted more than just like one free fuel. So do you want to explain that what happens with people that have more than 10 paints?

OK, so this we're about to go on our journey of information. So if you bought a paint drop with more than 10 paint, in that drop you get these things called flowers. And a lot of people are like, what the heck are these flowers? I don't care about them. What? Why are you giving me this? I want fee woes. Well, The thing is about those flowers is you can choose. You get more fee woes by redeeming those flowers. So some people with 20 paint have hell of flowers.

And if you keep those flowers, you can redeem those later for fashion because we'll have a dressing room. Your fee woes will be able to wear clothes and change clothes. And that's how you get the clothes with the flowers. But if you don't care about that, then you can just burn all of those and get Morphy woes. So that's how that works. It's a lot more complex. I suggest looking at my website, even saying it. It's like you.

Guys are good on the website stuff, which is important because a lot of these drops and Nfts always get a little complicated, but I think you guys have done a good work actually explaining how. Everything works out. So anyways that's that for the pin holder side. I need to remember to do that. I'm on a different times and so I need to remember that takes to exchange it for my flowers, then

the art holder mint, right? And that's where like it's not free anymore, but it's obviously a much lower price .1 to 5/8. And then you have the public meant for points for Eve, and I believe you have a. You have a different style of like. Dutch auction going on for for the rest of the mints, which is going to be based on like you know I think it was going to be based.

So basically what we wanted because the markets wild and also I spent a whole year making this and it's like I don't know, I don't know how many people want few rows, I don't know, I don't even know. I just want to make really cool stuff. So how the pricing will work is it's dependent on supply, so let's say. Lots of people redeem all their flowers for all the fewos, and lots of fewos are getting minted. Then the price will be up to the .4. That's the maximum price fewos will be.

I think a lot of people saw the tweet and they're like .4, what the hell? But we don't know. If a lot of people don't mint with using their flowers, then let's say there's thousands, thousands left. Then the price could go all the way down to whatever, like we reduced by 5% depending on how many 500 fuels are left. So. I think, I think this is smart because first of all they're fully free, like all of them for holders, which is cool. And then you're you have your

art holder at .125. But The thing is you can't really not make it. So the art holders feel like they're not getting something out of it for holding your art, because a lot of art out there and then. You have to also make it make sense for the general public but that's even if it goes there, right? Because I'm I'm pretty sure if you got a pain you've been holding this for so long that you kind of want your Fero. So I I love the mechanics and how this is working out.

So this all the mechanics side, but I don't want to make this too much about the mechanics. Look, it's all there. You can all see it. It's it's on Fero's Twitter. I think it's really cool that during an event and that you're you're doing all this. You're finally going on with this drop. I saw a bunch of threads. I'd actually saw this John Savage thread. I think it was like what it was earlier today that they came out. So yeah, absolutely love to see

that. So there's a lot of threads for the people that are interested in seeing this. And of course like on fewer world dot I/O, right. That's the website. You can go and see like all of the information which is available to everyone. But you know when I think about this few, I mean I kind of want to ask you like what excites the most once this is done right, Like midweek mint day is always the worst. I always quote Mando when the when we minted rug radio and it

was like. Expect the worst to happen so that after that you can have fun. Then he sat me down. Imagine your entire ment is gonna crumble. Okay my first time too. But what excited for about After Cuz? I think you've been so focused with Logan and your team to actually build this out and you're. I don't. Really feel nervous about men because all the paint holders are getting the paint.

Anyone who wants to get few, like that's already or not their paint, they're getting their few O's, that's already 7000 something few O's and I'm happy they believed in few world from beginning, so they get it and then whoever else wants one, get one. Like I don't know, I don't. I made the coolest thing I could. I'm really proud of it and I'm really excited about it. And afterwards I really love fashion and we made these dressing rooms for the few O's which will come out later.

And I wanna make clothes for the fuels to wear. I wanna make clothes for people to wear. I wanna make a movie. I wanna keep painting. I don't know, just explore. So fun, cool thing about like PFPS or like these Nfts from artists. I think that's something that's cool about OV though. It's more of the CCO 0 narrative and there's no like road map or like there's no fashion in the mind or whatever. It's like it's art from artists. So artists are going to keep

arting, you know? It's just like, you know what I mean? It's like, I know there's not a word, by the way, not a real, real, real, real term. But like, it's like you guys just like always going to cook, right? It's like Ovie's not stopping creating his art. You're not stopping making cool stuff and it's always going to happen. The fuel fashion is fired. Look, I don't know if you want to talk too much about what's happening.

On the field, Yeah, I mean. That's why I'm the most excited about Selfish Thing. You know I'll be rocking it. Yeah. I mean, so a big part of why making Fewos took us a year and a half is making this dressing room. Because if you have 20,000 up to 20,000 characters, things that you made that are all 3D all have super complex traits that stick out a lot. Like an eyeball that's sticking out like 3 feet.

If you're wearing a shirt, we got to make sure that your shirt doesn't collide with that eyeball. And especially because we're going to be dropping new clothes. It's not the peoples come naked, it's afterwards that you get the clothes and if you want to wear one shirt, but then the next day you want to wear a different jacket, we need to make sure that all of that fits correctly. And that took us a very long time to to figure out.

I mean, there was some glitches where you would your fuel would start holding a paint drop and then it would glitch out and for some reason they would just turn blue, like a weird ugly blue. And we don't know why. And that took us like a month and a half to fix, but I don't even remember the question. I'm just happy. That was mostly about fuel, fashion, what's coming next, how excited you are. But also, look, it's it's happening this weekend, right?

I'm I'm so lost with my days now because of of all this. But it's happening really Saturday. Like Saturday 1:00 PM is a holder's AirDrop. So if you're trying to get, if you're trying to get a paint paint drop, you can find them on secondary or you can just wait for after and see what happens. With fuel worlds and the fuels. There's going to be a lot, but it's happening. It's here if you I hope you're ready. I hope you buckled up. I know you want to work out for

a minute. It's, I don't know. I don't feel nervous. I feel like everyone's like, are you so nervous? 20,000 is so much, the main market is blah, blah, blah. It's like, yo, I spent a year making something that I think is dope. That's all I like. That's it. Whatever. I don't know.

That's my flight. I think it should be the philosophy but anyways before we sign off here I don't know if Mandovi anything I had on fuels work and if you had any questions but if not I'm gonna sign off and then you know we're gonna we're gonna wish you best of luck and I might be minting myself and that would be I'm gonna be posting my fuels as soon as they reveal but when's that reveal is that on the is that on the also on the it's like October 2nd or something

like a couple days after everything. Of course. No, that's normal. That's normal. All right. Well, that that's fun. I'm hyped for it. I think it's good. We need a refreshing new PFP. It's been a while. Since we had a while, yeah. When's the last like PFP that came in made noise? It was like Nakamigos made noise during the summer, but it's been a it's. Been a long time to be honest

with you. I can't remember the last time you had a PFP where people got kind of got excited about it, so looking forward to it. It's true. Well, you haven't had one Plus, that's another free PFP, right? Because you've held your paint assuming like, for a while. So it's a Freeman. So that's that's actually going to be pretty cool. I'm excited for it. I'm really, really hyped up. Any like Alpha, any secrets Trades things to look out for when they reveal there's nobody

listening. I don't even know what a secret could be. They're just cool. You're so funny. No, I'm excited about it. This if you will. Congratulations on that. It's really, really exciting. Look, I'm sure we'll be talking a lot more about it. I'm sure we'll be mentioning it Monday on the show. It's happening this weekend. So I'm sure it's going to come back up as part of as part of some of the topics and what not. So super cool. Best of luck Theo and we we're here, we're supporting you.

So very excited to to see what happens this weekend. Thank you. I appreciate you. Have a good one, Theo. Appreciate it too. Bye, bye. Who's. Oh my. At least something's going on NFT's. Shit, I'm here. Like, damn, like I was thinking like it's rough. Guys. Like we used to have a 90 minute show where we didn't even have time to cover everything just on NFT's. It was called GMNFT's. Crazy. That's absolutely what if you ask me. But anyways, you guys were

asking about stubs in the chat. Well, there's no code for stubs. You can just go on the website, right? And you can and you can, and you can claim the claim is live. You no longer need the code. There's a batter that's up right now and you can definitely go and mint your stubs. This week's artist of the Because Art Jedi. She was on the show yesterday. The piece of art is actually beautiful, so make sure check it out if you want to listen to the

interview with that. I think that's about it. I think that's about it. Another great show powered by cracking NFT. Make sure check out cracking.com/rug radio. I love that that that they come up now. It's impossible to forget it. You could never tell that I was about to forget it because I saw it. Pop up with that. With that, we'll see. Y'all tomorrow morning. 10:30 AM Eastern Standard Time. Forget PST 4:30 PM. Western European time. It's called Western.

Central European Time, right? It's. Central. It's CST. It's CST in Paris. It's CETCEST. WESTI believe you are. West is not a time zone. It's GMT +2. I am, yeah. So that's the time. I am West. Yeah, we're not a time here. So you're on GMT, Michael's on GMT, plus one for Oaks GST. +2 European summertime is the same as what you were. On Central European fraction of Central European. Yeah, we are.

We're on West, I'm on Western Europe, European summertime and you are on. I think they would just call it GMT plus one or British Summertime BST when or GST. Yeah, so. GST is WST. It is, but where I am, it's called Western European. You know what? Fuck these time zones. We'll see you tomorrow morning, 4:30 PM Central European Summer Time, for another episode of Gem Web 3 on Rock Radio. Let's go.

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