Transcript of NFT Morning Alpha
August 10th, 2022

Speakers & Hosts
- host   num - times spoken; click to jump to speaker
  •  
  • piovincenzo_05:59:23 AM

    1111

    piovincenzo_
  • piovincenzo_05:59:26 AM

    and why?

    piovincenzo_
  • piovincenzo_06:01:46 AM

    Yeah.

    piovincenzo_
  • piovincenzo_06:04:40 AM

    It's getting me.

    piovincenzo_
  • piovincenzo_06:04:45 AM

    When lights close outside.

    piovincenzo_
  • piovincenzo_06:04:50 AM

    I'll soon be with you my love.

    piovincenzo_
  • piovincenzo_06:04:55 AM

    Give you my dog surprise.

    piovincenzo_
  • piovincenzo_06:04:58 AM

    You darling soon.

    piovincenzo_
  • piovincenzo_06:05:05 AM

    I'll be with you when the snow starts falling.

    piovincenzo_
  • piovincenzo_06:05:22 AM

    I've been waiting so long to be where I'm going.

    piovincenzo_
  • piovincenzo_06:05:27 AM

    In the sunshine of your life.

    piovincenzo_
  • piovincenzo_06:05:36 AM

    I'm with you, my love.

    piovincenzo_
  • piovincenzo_06:05:39 AM

    The light shining through.

    piovincenzo_
  • piovincenzo_06:05:44 AM

    Something my love.

    piovincenzo_
  • piovincenzo_06:05:49 AM

    It's the morning and just sweet too.

    piovincenzo_
  • piovincenzo_06:05:53 AM

    And now.

    piovincenzo_
  • piovincenzo_06:05:56 AM

    Driver.

    piovincenzo_
  • piovincenzo_06:06:13 AM

    Been waiting so long to be.

    piovincenzo_
  • piovincenzo_06:06:15 AM

    Ohh man

    piovincenzo_
  • piovincenzo_06:06:19 AM

    sunshine.

    piovincenzo_
  • piovincenzo_06:06:24 AM

    Maybe?

    piovincenzo_
  • piovincenzo_06:07:16 AM

    And see.

    piovincenzo_
  • piovincenzo_06:07:23 AM

    I'm with you, my love.

    piovincenzo_
  • piovincenzo_06:07:28 AM

    The light shining on you.

    piovincenzo_
  • piovincenzo_06:07:36 AM

    It's the morning and just week.

    piovincenzo_
  • piovincenzo_06:07:39 AM

    Stay with you.

    piovincenzo_
  • piovincenzo_06:07:43 AM

    Period.

    piovincenzo_
  • piovincenzo_06:08:04 AM

    I've been waiting so long I've been waiting so long.

    piovincenzo_
  • piovincenzo_06:08:08 AM

    Waiting so long.

    piovincenzo_
  • piovincenzo_06:08:10 AM

    Where?

    piovincenzo_
  • piovincenzo_06:08:16 AM

    In the sunshine of your.

    piovincenzo_
  • piovincenzo_06:08:57 AM

    Good morning ladies and gentlemen. It's Wednesday, August 10th. This is the NFT morning show. We do this show Monday through Friday, 9:00 AM to 10:30 AM Eastern each and every week where we talk about all things NFT market. We talk about the projects that are growing, the projects that are slowing, the hype, cycles of NFT's and crypto and all of the stories in the space. I'm your host PO with my co-host.

    piovincenzo_
  • piovincenzo_06:09:27 AM

    Nifty Nick, one of the best board apes out there. Easy to bodega about to be a breakout star in the salon of vertical. And of course King kicks who is always late, but in a bull run. He's always early. Some of our other badass speakers, Spencer Gordon Sand talented fencing photographer and financial analyst. Depeche node about to be the host of the new podcast node mode. And of course, quad. Who's a big Fanny pack guy and a moonbird supporter.

    piovincenzo_
  • piovincenzo_06:09:58 AM

    Uh, we can't wait to get into today's show. We have an ultra ultra special guest that we will be talking to a bit later on in about 10-15 minutes and we're waiting on captain kicks. You know he's gonna get here too. And if you want to come on stage later in the show, make sure that you request come on stage. No self promotion. You know the rules, but we want to always hear different people's opinions on the NFT markets. This show will be a little bit different though because we have a special gu

    piovincenzo_
  • piovincenzo_06:10:29 AM

    X You can sign up at the nifty.com/FTX or with the code. The nifty on your FTX mobile app. If you spend over 200 bucks with our code on FTX you will get a $20 bonus airdropped into your account right there FT X by traders 4 traders so you know it is the crypto trading platform that you wanted to use. As usual, there's so much activity in the NFT market, we've got the the news event here with the CPI print that's causing markets to run a little bit.

    piovincenzo_
  • piovincenzo_06:10:35 AM

    We're going to have a lot to talk about in today's show, but before I go any further nifty Nick, what's going on?

    piovincenzo_
  • allnick06:10:41 AM

    It's me.

    allnick
  • allnick06:10:43 AM

    15 dash.

    allnick
  • allnick06:10:51 AM

    The trader of trays we won this morning was when we got it.

    allnick
  • allnick06:10:54 AM

    Whoa.

    allnick
  • allnick06:10:57 AM

    Y'all the champion.

    allnick
  • allnick06:11:01 AM

    I have no idea. I was just thinking that.

    allnick
  • allnick06:11:03 AM

    There are things play out.

    allnick
  • xbenjamminx06:11:07 AM

    This is like the start to an exercise video with Billy Blaine.

    xbenjamminx
  • allnick06:11:11 AM

    Yeah, getting that workout baby.

    allnick
  • allnick06:11:14 AM

    With this pumped it up.

    allnick
  • allnick06:11:16 AM

    I went long.

    allnick
  • allnick06:11:23 AM

    I sold a little bit my solo sell a little more. Just thought it was a fun trade this morning.

    allnick
  • allnick06:11:25 AM

    Let's go.

    allnick
  • piovincenzo_06:11:27 AM

    Celebrate that trade, Nick.

    piovincenzo_
  • allnick06:11:35 AM

    Uh, I was going to make up a song. I don't have one here, but we are the champion ohk

    allnick
  • allnick06:11:37 AM

    trading.

    allnick
  • allnick06:11:42 AM

    Get the pick one. Get the eat now I'm going down so I don't.

    allnick
  • piovincenzo_06:11:45 AM

    Yeah.

    piovincenzo_
  • allnick06:11:49 AM

    The the the the market is dumping on this song, so that's what what's going on there.

    allnick
  • piovincenzo_06:11:53 AM

    Well, typically Nick you are a top signal so I can't say.

    piovincenzo_
  • allnick06:12:00 AM

    Today I was I I wasn't, I was just spot on so you're welcome to anybody that was following me. I have one.

    allnick
  • allnick06:12:04 AM

    One win after a series of devastating losses.

    allnick
  • allnick06:12:08 AM

    It just hasn't been good.

    allnick
  • piovincenzo_06:12:39 AM

    I mean, it's been a very challenging like between the FT market and the crypto market. It's been insanely challenging to trade, so you know there's always that you know signal who is normally our weather reporter is busy. You know, jet setting the world. Apparently one of her flights got delayed. You know it's a typical European vacation or holiday as you call it in August, so she's not here today, but easy bodegas Co hosting with us easy. How's your morning going? I see a new profile picture th

    piovincenzo_
  • easyeatsbodega06:12:49 AM

    Yeah, we're we're doing well. Just scoop EU haul. Got a new PFP. Life's good eventful morning. Tons of fun.

    easyeatsbodega
  • allnick06:12:52 AM

    Where are you?

    allnick
  • piovincenzo_06:12:54 AM

    Very nice easy. I yeah he's in the throes of a cross country move. It sounds like.

    piovincenzo_
  • allnick06:12:58 AM

    OK.

    allnick
  • piovincenzo_06:13:01 AM

    Yeah, exactly, yeah he's definitely OK.

    piovincenzo_
  • allnick06:13:03 AM

    So I'm on a moving truck. I don't know in a tunnel somewhere.

    allnick
  • piovincenzo_06:13:14 AM

    That everybody's busy this morning, ladies and gentlemen. I guess me and Nick are the only people that show up. And of course Ben Spencer Noden quad. And I'm just kidding. Easy, I know that easy has a lot going on right now.

    piovincenzo_
  • allnick06:13:22 AM

    I mean, could he not answer the question? I mean, I feel like that seems like an acceptable request. I just want to know whether you know what, what are the specifics of the current situation.

    allnick
  • allnick06:13:25 AM

    But apparently we won't find that out.

    allnick
  • piovincenzo_06:13:33 AM

    Apparently not, so look for the first time ever unless you know nifty Nick, you know has a big objection here.

    piovincenzo_
  • allnick06:13:37 AM

    I got it. Don't worry about it. Thanks pio. Thanks for tossing over this way. The weather report.

    allnick
  • piovincenzo_06:13:41 AM

    Ohh nifty nick. With the rather weather report, let's go, let's go.

    piovincenzo_
  • allnick06:13:43 AM

    Were you were you about to do it?

    allnick
  • piovincenzo_06:13:45 AM

    No, but I wanna hear you do it now.

    piovincenzo_
  • allnick06:13:51 AM

    We need some. The the problem is there's no like what's weather music like what what is that?

    allnick
  • piovincenzo_06:13:54 AM

    You can do like a storm sound effect, something like that.

    piovincenzo_
  • allnick06:14:00 AM

    Well, yeah, I don't know about but it's not storming, it's uh, it's clear skies at the moment.

    allnick
  • allnick06:14:01 AM

    Umm?

    allnick
  • piovincenzo_06:14:02 AM

    Well, let us know about it buddy.

    piovincenzo_
  • piovincenzo_06:14:10 AM

    Meteorol

    piovincenzo_
  • allnick06:14:34 AM

    So I'm out here on the meteorological meteorological. How the fuck what? I'm a meteorologist. OK, remember that, and I'm looking at the damn radars right now and there's some weather towers right next to me that are just getting signals of what the weather is going on. And you just got to be aware of that. I'm out here on the roof repairing one of the towers that are getting the you know, checking the wind, checking the barometric pressure, just getting a full assessment of what the weather is a

    allnick
  • allnick06:15:05 AM

    It looks like I have a full assessment and a rundown here, so we can go through that open C. Remember that company anybody? The volume is freaking pumping 21 million. That's up significantly from I don't know if you recall it. One only one week ago we were at 13 million, so talk about a little bit of a bull run here and we've been experiencing it on an NFT basis. We'll be discussing those projects in a minute.

    allnick
  • allnick06:15:08 AM

    Apes at 84.

    allnick
  • allnick06:15:40 AM

    Mutants at 15.86 we're gonna get into why that that's the case. Crypto punks. Basically it's 74 E at the moment. Moon birds 14.7 Doodles 8.8 actually slightly under it and Clonex 8.4, so we're seeing a continued extension of the leaders being stable away from the pack of moon birds, which still dealing with that CEO post CCO FUD.

    allnick
  • allnick06:15:50 AM

    And kind of like post individual entitlement fund. I don't know. That's sort of the vibe that I was hearing from a lot of people, but you know, not here to throw shade overnight.

    allnick
  • allnick06:16:21 AM

    We got rare Pepes PO's favorite projects. He's really heavily exposed to that. They've continued to have strong volume or verified on open sea and last night's community space helped them break A1 8th floor. This is one of the main projects that have been pumping one of the largest base holders, so this was a big news story. There was an ape coin proposal from Magic Eden that apparently was retweeted by Apex Coin.

    allnick
  • allnick06:16:41 AM

    Triggering mochi Big Brother to dump his mutants in Acoin as he's heavily involved with another marketplace that accepts eight coin and he dumped this out of frustration, including dumping mutants which dropped down temporarily and have since bounced back.

    allnick
  • allnick06:17:03 AM

    So a little bit of drama going on there in the Acoin ecosystem Board App Gazette reported one of the largest based deals went down basically last night, O XB1, sold to Leora dot ETH a the trippy mega mutate. And apparently it wasn't officially reported, but supposedly that was for four million dollars, 2300 ETH.

    allnick
  • allnick06:17:27 AM

    As I saw someone else tweet, NFT's are clearly dead. I hate that statement. I'm I'm pretty tired of that statement. I'm gonna be completely honest, but we'll take my emotion out of the weather report. The discord was minting Moodys yesterday. They were a hyped project with the pay what you like meant for, dumped initially, then pumped. Zanica bought in and floor is holding it .23.

    allnick
  • allnick06:17:31 AM

    I'm Moody, you know, and then BTC.

    allnick
  • allnick06:18:02 AM

    Wow, well the quote in this weather report is wrong. We've seen Bitcoin and ETH both pump on the inflation report of which inflation month over month growth was zero. So that's what we're looking for. Are we at the top of inflation? Who knows? It's interesting to still celebrate, you know, 8 or 9% inflation, whatever the the total numbers that we're at. But here we are, celebrating it, pumping up crypto Bitcoin at.

    allnick
  • allnick06:18:08 AM

    24K E at 18125. That's where we're sitting right now.

    allnick
  • allnick06:18:29 AM

    The question that signal asked are we gonna continue marini's moon pattern that she mentioned yesterday and my understanding was she was saying it's looking clear for another couple of weeks and it seemed like she was talking about dumping in November. We're quite a ways from November so I'm good for now. Hey Captain kicks showed up the king himself.

    allnick
  • piovincenzo_06:18:30 AM

    The the tardy king.

    piovincenzo_
  • allnick06:18:33 AM

    How how did you enjoy my weather report?

    allnick
  • speculatorart06:18:37 AM

    Didn't hear it. I'm sure it sucked.

    speculatorart
  • allnick06:18:39 AM

    OK.

    allnick
  • allnick06:18:40 AM

    Out.

    allnick
  • piovincenzo_06:18:42 AM

    Well, we got the tardy OK. Anything else in the weather report, Nick?

    piovincenzo_
  • allnick06:18:54 AM

    Was the chief meteorologist over here who's hired other meteorologists to work on a team? I just want to say hey, thanks for tuning in everyday to the weather report. I don't have anything else to add.

    allnick
  • piovincenzo_06:19:24 AM

    Alrighty well, only other additions to the weather report. A lot was covered there by Nick, but these are from the Nifty Daily Digest, so that is our newsletter. If you go to thenifty.com and sign up that is five days a week written by Signal who also writes the weather report only. Other news stories. Nothing too crazy. FTX our sponsor actually partnered with Reddit to roll out tokenized community points using points. Communities will be able to incentivize better content, engagement and reward

    piovincenzo_
  • allnick06:19:55 AM

    I got some breaking news here.

    allnick
  • piovincenzo_06:19:55 AM

    From Reddit and Alexis Ohanian, I guess, tangentially, to continue to kind of tokenize. And you know, Web three of five. Everything that Reddit does, and everything that he's working on, and then also meta mask rolled out a new set approval for all feature that tells users what they're signing. It's a direct response to the recent phishing and malicious activity. It's about damn time, Nick. You have your hand raised. Was that an accident? I know you had an accident. Oh, breaking news.

    piovincenzo_
  • allnick06:20:14 AM

    But your boys got his Adidas hoodie shows that showed up in the mail. Let me tell you, I'm gonna be rocking it in the PO and I were walking home from dinner last night and it was like unbearably hot. So I don't think I'm putting the hoodie on anytime soon. But here we are. I received.

    allnick
  • piovincenzo_06:20:16 AM

    It's a, it's a tracksuit, right? Not a hoodie, a tracksuit.

    piovincenzo_
  • allnick06:20:24 AM

    No, there was a tracksuit and then a hoodie. All that I've received so far is the hoodie and it was delivered from Adidas NFT.

    allnick
  • allnick06:20:31 AM

    Which makes me just think they've set up a separate division completely unrelated to Adidas and.

    allnick
  • allnick06:21:02 AM

    Great, now I have a another hoodie because I don't have enough black hoodies from board ape and muting apiac club like that's all that they sell. Black hoodies like I don't understand. I I can't. I can't wear them every day but here I am with another one so we'll see how it fits and whether or not this plays into my winter attire. A lot of people in the fashion industry are standing by to find out whether or not I will Don a one of these Adidas AG Money 8.

    allnick
  • allnick06:21:14 AM

    Uh punk punk's comics and hoodies later this season, and that's what people are really looking forward to, so stay tuned for that you may be reading about that in vogue later this year.

    allnick
  • jesseshalfon06:21:15 AM

    And.

    jesseshalfon
  • piovincenzo_06:21:16 AM

    Well, there you go.

    piovincenzo_
  • sgsand106:21:25 AM

    Nick, I don't know if you knew noticed on yours, but on mine there's A tag on it that says $70.00 and that kind of cracked me up because these were a lot more than $70.00 from the people who bought them.

    sgsand1
  • allnick06:21:31 AM

    Oh my God it it does. Yeah it says $70.00 right here that's that's hilarious.

    allnick
  • piovincenzo_06:21:49 AM

    Oh my God, that's absolutely hilarious. I'm going to throw it to Jesse in just one second. But ladies and gentlemen, we should be joined today by none other than board API club #2745, also known as Voltera dot ETH. The founder of Psychedelics Anonymous.

    piovincenzo_
  • allnick06:21:52 AM

    Should we? Should we announce that once he's on stage? Because what if? What if he just disappears?

    allnick
  • piovincenzo_06:22:02 AM

    I mean, sure, but you know that's I. I was just going to prepare everybody that that is that is coming. So stick around. But yeah, Jesse, what's on your mind? You have your hand raised.

    piovincenzo_
  • jesseshalfon06:22:16 AM

    Yeah, I was just going to say since we were talking about merge and you guys tease that you guys have some merch coming out yesterday. I think that was some news. I did get the first sample of your merch in the mail. The Speedos are looking great.

    jesseshalfon
  • jesseshalfon06:22:33 AM

    You know my my. Everybody's asking why there's a like a white dog with a mustache on the crotch, but you know, that's that's design choice of the nifty alpha. That's fine. But yeah, they fit great. They look great. I don't know. Yeah, I think I'm bullish on this over at over Adidas or Adidas. So yeah, good job guys.

    jesseshalfon
  • allnick06:22:36 AM

    Are you are you referring to our new logo which is a dog penis?

    allnick
  • allnick06:22:39 AM

    Is that what you were referring to?

    allnick
  • jesseshalfon06:22:43 AM

    I thought I thought I thought it was just the new easy logo. I thought Luna had designed it, but I don't know.

    jesseshalfon
  • allnick06:22:49 AM

    Ohh no no no. We holistically realized that for us moving forward using a dog penis is the logo would probably be appropriate.

    allnick
  • piovincenzo_06:23:21 AM

    Well there you go. Yeah, it sounds like Jesse got access to our fictional Speedo that didn't. That doesn't actually exist. But ladies and gentlemen, we have today's extremely special guest Board API club #2745, also known as Voltera dot ETH. The founder of Psychedelics Anonymous. A massive massive project in the FT, space and the sister project Ezu, which definitely caused quite a stir in the NFT space last week. So we're really excited.

    piovincenzo_
  • piovincenzo_06:23:33 AM

    To discuss it and just kind of figure out, figure out what's going on in the world of Altura and PA, but yeah, I mean before I go any further. Voltera good morning, how are you?

    piovincenzo_
  • bayc274506:23:46 AM

    Good morning is this thing is this thing working. I am just gonna check because I'm using my Australian SIM card in the middle of New York so if I get slightly rugged that's probably why.

    bayc2745
  • piovincenzo_06:23:46 AM

    Yeah.

    piovincenzo_
  • bayc274506:23:48 AM

    Hey, we're there we go.

    bayc2745
  • allnick06:23:49 AM

    It's working, you're in New York. What you should have come come directly into the studio here.

    allnick
  • allnick06:23:53 AM

    No.

    allnick
  • bayc274506:23:55 AM

    Are you guys in the studio? I definitely should have done that. That is, that is my fault.

    bayc2745
  • allnick06:23:58 AM

    This the studio would be my apartment.

    allnick
  • xbenjamminx06:23:58 AM

    The studio is next bedroom.

    xbenjamminx
  • bayc274506:24:05 AM

    Ah, OK, well, uh studio sounds like a lovely place to be. I'm I'm very upset I didn't get an invitation.

    bayc2745
  • bayc274506:24:09 AM

    Perfect.

    bayc2745
  • piovincenzo_06:24:26 AM

    Well, you sound loud and clear like you just mentioned you're in. Yeah, in New York so you know first of all, thank you for coming on the show. I mean, I wanted to kind of give you an introduction. Most people that listen to the show already are very familiar with who you are, but you know, if I was going to ask like who is Volterra?

    piovincenzo_
  • bayc274506:24:39 AM

    That is a very good question and I think context is always valuable in every form, so I'll give everyone a little bit of a rundown on who I am, where I've come from and why I'm here so.

    bayc2745
  • bayc274506:25:13 AM

    I would say let's start from the beginning, right? We all like a little bit of an origin story in some way shape or form. 7 ish years ago I started a marketing company by myself as a as a young dude and from there we sort of started building out this agency and started working with brands and collective agencies. Little bit sneaky started working on this agency while I was working at another agency, but hey, that's a longer story and then from there over the last couple of years after that.

    bayc2745
  • bayc274506:25:43 AM

    We start getting a little bit bigger, maintaining some traction, getting some actual proper work for the first couple of years, two years. I'd say it was an absolute slog. I think anyone listening who started their own business, especially when they were young. First couple of years. I heart, you know, like not a lot of people take you seriously Todd, to get client work. You make a million mistakes all the time and that was my life for probably two 2 1/2 years after that 2 1/2 year mark we got i

    bayc2745
  • bayc274506:26:15 AM

    Some deeper pockets, bigger corporates, have picked up our groove and started actually to move, which is great. I've started hiring a few people and making the right moves and going in the right direction and then Fast forward, probably 2 years from that we're really at full pace and at that point I was sort of thinking, you know, we've got to do some other things here. Marketing is a great tool. Everyone loves marketing, right? Like to be a marketer, it's it's a good thing you've got to underst

    bayc2745
  • bayc274506:26:31 AM

    It's useless, right? So we started building up some other businesses, had a few stabs at some startups, a lot of them went badly. A couple of them went really well, which was great. A bunch of different industries, a lot of learnings, but then eventually.

    bayc2745
  • bayc274506:26:33 AM

    Coincidentally.

    bayc2745
  • bayc274506:27:03 AM

    In 2017 Ish I got started in crypto. Now did I buy and hold all the way to the bottom of the 20172018 bear market I I did. Yep, I'm guilty of that 100%. Did I learn a lot throughout the process? Yes, yes, I sure did. But then Fast forward to 2021. That's when I got into NFT's. And coincidentally, the first NFT I ever purchased was.

    bayc2745
  • bayc274506:27:19 AM

    They bought out Yacht Club. The first one I ever bought was bought club and I think honestly to be perfectly frank with everyone, it was purely luck. It was the first one I saw first sort of thing I was looking at and I was super nervous and I've never used a meta mask before.

    bayc2745
  • bayc274506:27:31 AM

    And I was having a look at it and I remember showing them to my friends and my friends were looking at me like what are you? What are you talking about? Like $5000 for that they're laughing at me. Literally laughing at me.

    bayc2745
  • bayc274506:27:48 AM

    And end up making the purchase freaking myself out. Thought I got scammed and then I remember messaging one of the founders of the Boardwalk Club and trying to figure out discord because it was the first time I've ever used discord before. And I was such a noob and I had no idea what I was doing.

    bayc2745
  • bayc274506:28:20 AM

    Fast forward a couple of months I started to, you know, get involved in a few projects. Got involved in world of women, got involved in a bunch that have eventually or if not sitting at 0 right now, so that's good. Good learnings, good learnings, and then ultimately in sort of October. I would say me and my creative director sat down Adams his name Lewis is also my name Mike. I'm fully docked so my name is Lewis filter or whatever you want to call me.

    bayc2745
  • bayc274506:28:25 AM

    And we sat down and we looked at this space and went. We have to do something here.

    bayc2745
  • bayc274506:28:37 AM

    Like we have to. It's like it's an absolute no brainer. We have to. We have to like we've always been for trying things. You know whether they go well or go badly you you're never going to find out unless you try.

    bayc2745
  • bayc274506:28:45 AM

    So that we tried and our first try, you know, quote UN quote was psychedelic, synonymous, and?

    bayc2745
  • bayc274506:29:16 AM

    Everyone, I think anyone who is around in 2021, November, December probably saw our our tweets out giveaways, our white listing, whether you loved it or you definitely hated it. Which was a lot of people that for sure did because it was new, different. And to be frank, it worked. And then we we minted in. I think the 24th of December 2021 and from there on it's been been history. Basically my full life has been dedicated to Web 3.

    bayc2745
  • bayc274506:29:44 AM

    All they do, I close down my other marketing company because I couldn't juggle both and it's just been like head first into into this space and it's been full of learnings. Definitely full of ups. Definitely full of downs as well, right? Like it's an absolute roller coaster. I think everyone can resonate with that. Doesn't matter if you're a collector, a founder, a creator. I think we can all understand this place is definitely a roller coaster at best.

    bayc2745
  • piovincenzo_06:29:59 AM

    Absolutely.

    piovincenzo_
  • allnick06:29:59 AM

    So.

    allnick
  • bayc274506:30:02 AM

    And we've been riding that roller coaster. Try and do the absolute best for what what we've built in our ecosystem as a whole and as a result of that, you know, we've made some made some waves and here we are. You know, that's that, you know, in a submarine in nutshell, that is what has happened.

    bayc2745
  • piovincenzo_06:30:04 AM

    Go ahead, nick.

    piovincenzo_
  • allnick06:30:13 AM

    I have a quick question here. On one, are you high on mushrooms right now? To how often do you take mushrooms and how does that integrate into your project? And three, do all holders get mushrooms?

    allnick
  • bayc274506:30:39 AM

    The rapid fire one I am not on mushrooms right now. It's way too early. 2 for absolute legal reasons I am not disclosing my personal use of psychedelics or actively promoting the use of a non legal current substance at the moment and three. Unfortunately we aren't able to provide all our holders with mushrooms, however.

    bayc2745
  • bayc274506:30:51 AM

    If someone decides to properly legalize them, which I hope one day happens, which is in, in all honesty, what we're here for, then we may be able to. So there's your answer to your rapid fires.

    bayc2745
  • piovincenzo_06:31:22 AM

    Very nice so you know voltera, there's a lot of conversation about the sister collection from psychedelics Anonymous, right, and so you know, for on this show. If for people that haven't listened before, if maybe they're new, you know this show we we speak, you know frankly and transparently about projects you know us having you on right now. We want to have you on to to kind of dig into what what's going on. This isn't a sponsored spot. We want to just kind of get get the answer. People that do

    piovincenzo_
  • piovincenzo_06:31:52 AM

    It was a project called Izu, which is the sister project of Psychedelics Anonymous. You elected to release it on both, or on etherium antillana in the sense that it was launched on Magic Eden, so that that was a first of its kind type of thing, but there was I don't know if you'd call it a marketing campaign. I'd let you describe, you know like what exactly it is, but it really ruffled a lot of people in the spaces feathers, and you know, I think maybe they felt that there wasn't transparency or

    piovincenzo_
  • piovincenzo_06:32:01 AM

    In the right way, I'd be curious to know you know what your thoughts are are on how that went down and what your perspective would be or what your position is on it.

    piovincenzo_
  • bayc274506:32:06 AM

    Sure, so to be frank, that took me a little bit by surprise.

    bayc2745
  • bayc274506:32:37 AM

    I think the first thing to get into is context around what Izo actually is. Now everyone who was with us in sort of November December 2021 understands that we do things a bit differently. We're in a space where we are constantly providing innovation or striving for innovation. That's what we're here for. In theory, all of us should be supporting different practices because that's how we figure out what works and what doesn't work, and the boundaries of which we can push.

    bayc2745
  • bayc274506:33:07 AM

    In December 2021, we were the first collection to sell. I think you know in that sense, in the way that we did it, 38,380 NFTS split into four sectors at once. That's the first time we ever did that. No one else has done that, and I think that the Weasley standby. The second thing that we did differently when it came to 2021, was whitelisting whether you want to call it whitelist or allow list, that's totally fine.

    bayc2745
  • bayc274506:33:40 AM

    The whitelisting campaign that we did in 2021 was basically predicated along the idea of using people to select or giving people the opportunity to put in effort to be selected to be part of a community. This was like a mutual bonding experience. There was both for some people, I'm sure painful, but some people I'm sure exciting now people had experimented with whitelisting previously and the reason why if we cast our minds.

    bayc2745
  • bayc274506:33:42 AM

    Back to the 21.

    bayc2745
  • bayc274506:34:04 AM

    The reasons why people experimented with whitelisting was because we had gas war problems. I remember anyone who was minting anything in 2021 had a real severe issue with gas wars. I did. I know I did every time I went to mint something new. I was basically competing on gas. It was like the other other side dropped. You know, basically every other week.

    bayc2745
  • bayc274506:34:25 AM

    So when we decided to do our project, we took the line of we're going to whitelist everything we're going to do 85% of the supply as a whitelist. Therefore we have achieved 2 things realistically. One we have the unique ownership that's high and two we have the ability to avoid a gas war now.

    bayc2745
  • bayc274506:34:55 AM

    When it comes to ezu, there's two things that you would need to probably understand and contextually understand for it to make sense. One the ability for us to create another project under Vulture Labs, which essentially Vulture Labs to anyone who doesn't know Vulture Labs, is the company that owns psychedelic, synonymous, and psychedelic synonymous has, I think, 8 individual pieces of that project, which people regard to as collections, and that's totally fine.

    bayc2745
  • bayc274506:35:14 AM

    The other side of psychedelics anonymous and Vulture Labs is the new project which is easier. Obviously, as you said, it was the 1st and will be the first project to launch on Magic Edens Launchpad. It'll be minable in Earth, and it will be minable in Solana as well.

    bayc2745
  • bayc274506:35:46 AM

    And when that was released, that announcement was released, we pushed a a whitelist giveaway campaign strategically with the number of people throughout the space at one go. Now back in 2021 and throughout the rest of 2022, whitelisting has been the most popular form of both marketing and getting people into a whitelist format for a sale. To begin, there is no other tactic that's been used.

    bayc2745
  • bayc274506:36:05 AM

    And that has been successful. Apart from whitelisting, apart from, you know, potentially some auctions here. Are there. The moon birds auction. For for an example, but in terms of getting eyes onto a project and to avoid a gas war, whitelisting has been it, and that's ever since we paved that way in December 2021.

    bayc2745
  • bayc274506:36:16 AM

    So when the Ezu came out in, that announcement came out. I had been talking to a number of people in this space that I had been friendly with over the last six to nine months.

    bayc2745
  • bayc274506:36:28 AM

    And for them I said to every single one of them over time, said, hey, listen, we're going to drop this news. And if you're interested, do you mind dropping this giveaway? It's wireless giveaway.

    bayc2745
  • bayc274506:36:37 AM

    And some people said no, and that's totally fair enough. But the vast majority of people said yeah, sure, no problem.

    bayc2745
  • bayc274506:37:02 AM

    Now that discussion was simply by a direct message, it was simply a. This is the post. Do you want to post it? I can't tell you anything about it until I think it was 12:00 PM Eastern Time because that was when the embargo on the information had lifted and that's when it went to press and everyone who posted that giveaway said yes, they just said, yeah, sure why not?

    bayc2745
  • bayc274506:37:27 AM

    There was no promise of compensation. There was no promise of whitelist spots for them. It was not paid in any way, shape or form. It was me asking them if they wanted to do this for us and they said yes. Now I think a lot of the assumptions straight away there were this is being paid for. They are being compensated, therefore that needs to be disclosed.

    bayc2745
  • bayc274506:37:36 AM

    And in that period of time, obviously everyone started talking about that and started talking about the fact that must be paid for, and it's not disclosed.

    bayc2745
  • bayc274506:37:54 AM

    And that's when I tweeted, just to let everyone know this is completely not compensated. It is me just asking people to post something and they went ahead and did it. Now the resounding question back was well, what's in it for them, right?

    bayc2745
  • bayc274506:37:58 AM

    So.

    bayc2745
  • piovincenzo_06:37:58 AM

    Yeah, I mean that's yeah.

    piovincenzo_
  • bayc274506:38:01 AM

    And and that's the that's the biggest question, yeah?

    bayc2745
  • allnick06:38:02 AM

    Yes, wait, so are you going to answer that question or you're you're just like you want us to?

    allnick
  • allnick06:38:06 AM

    Yeah, got it.

    allnick
  • bayc274506:38:04 AM

    No, no, no. I was taking a sip of water.

    bayc2745
  • bayc274506:38:10 AM

    The the question obviously is what's in it for them now for me.

    bayc2745
  • bayc274506:38:41 AM

    The answer is really simple. Most of those giveaways get between 5:00 to 6:00 to 7000 likes and retweets per post. That allows that person to build their following by 5 or 6000 people. Now it's obvious someone's bodying all their tweets right? Like it's completely obvious, there's no way that we can get 14,000 likes and retweets on a post within a couple of hours. Someone, someone botting them. It's not us, but that is the value exchange that they get and it's also a favour.

    bayc2745
  • bayc274506:38:58 AM

    Right? Like if someone does something for me, I'm sure at some stage they may need some help with something and I can help them out in some way, shape or form. So that is the value exchange that was clear there, but no one was compensated. No one was prioritized, no one got spots.

    bayc2745
  • allnick06:39:01 AM

    So the value was the potential of sex. Sounds like there was the potential for sleeping with people.

    allnick
  • allnick06:39:05 AM

    Yeah.

    allnick
  • allnick06:39:17 AM

    Hmm.

    allnick
  • allnick06:39:27 AM

    So.

    allnick
  • bayc274506:39:28 AM

    I don't think the potential for sex was on the table. I think the potential for for you know if they needed help or strategy or thoughts, or my two cents later and whatever time period then I can give it to them because a lot of these people I've had conversations with over for months and all those people have come to me with business ideas or questions and I've always given them my two cents. There's a lot of people have been asking me about structuring deals.

    bayc2745
  • allnick06:39:52 AM

    So.

    allnick
  • allnick06:39:55 AM

    So it sounds.

    allnick
  • bayc274506:39:56 AM

    Equity arrangements and I always give my two cents and how I would personally structure it so realistically that is, that is what happens and I see that that pissed a lot of people off because it probably clogged up their feed with the only thing that was happening at that time. And I recognize that I understand that. However, at the end of the day, that is marketing, you know, that is in principle, that is marketing a product, and that's what we were doing.

    bayc2745
  • allnick06:40:05 AM

    It sounds like people were gonna get strategy. That's what we're saying is the purpose of it, or that there was, uh, the potential you. You're doing a favor for somebody.

    allnick
  • allnick06:40:28 AM

    Anyways, I don't want to dwell on this particular thing on the strategy side of things, though, I am interested in psychedelics. Anonymous is like from last year. We have a lot of people in our discord that are collectors of it. It's notoriously. I don't know if I'd say complex to the degree that 10K TF is now. There's a lot of variables going on there.

    allnick
  • allnick06:40:58 AM

    But you have like psychedelics anonymous component 1, component 2 and like different items that were in there and I don't know if there's burning mechanics staking like what what all this stuff is, but I'm wondering when it comes to complexity how you view that strategically for a project is that primarily for like game dynamics? Is it for reducing supply it like what what's, what's the primary motivator between adding complexity into an ecosystem and?

    allnick
  • allnick06:41:10 AM

    How does that like does that end up being a dragging force on future actions within a project as you try and navigate? For example, the one that you're doing right now with having a sister project on Solana? How like how does that play in?

    allnick
  • bayc274506:41:22 AM

    Great question. So complexity by nature of the components and the different entities that we dropped realistically had two outcomes for us.

    bayc2745
  • bayc274506:41:54 AM

    First one was engagement. We recognized that there were products that we want to build in this ecosystem that we're going to take some time, you know, and one of the biggest issues with NFT projects as a whole is that they end up taking a long period of time to get to products right to get to market, because you essentially compete in a space where you sell an NT, you raise a certain amount of funds and then you start building whatever it is you set out to build. Now, the time between raising fu

    bayc2745
  • bayc274506:42:05 AM

    An active product is very very difficult to achieve in a small amount of time unless the projects or the product itself is pretty crap, frankly.

    bayc2745
  • bayc274506:42:27 AM

    So when we set out in December, we knew that the products that we wanted to build over this period of time were going to be complex. And then we're going to take a lot of time. Therefore, the problem that we had to solve was how do we keep people engaged and how do we keep this initial group of people engaged in what we were doing and we decided to take the route of integrating game theory. So game theory for us?

    bayc2745
  • bayc274506:42:32 AM

    We resonate or sort of compare it to like sort of a game.

    bayc2745
  • bayc274506:42:35 AM

    It's like monopoly. It's like chess.

    bayc2745
  • bayc274506:43:06 AM

    Our collection is broken up into several different pieces components, cybin printing press, a Genesis piece and depending on if you have followed the game theory throughout the period of time of which it's existed, you will then get different outcomes. You know for a lot of the people over the last couple of months they burned their components to create sybertsville. Sybian is then used in a different equation which becomes a different outcome. So by using the multiple different pieces of our co

    bayc2745
  • bayc274506:43:36 AM

    And combining them together as an engaging experience for people to sort of communicate on it allows people to understand the ecosystem a little bit more, but also trade it. So usually when you go and buy a whatever your club or you go buy a izuki, you're a cool cat or whatever you else you want to buy. You essentially purchase it, use it, and then that's really it until they do something. But what we allow community to do and why our Community is so strong.

    bayc2745
  • bayc274506:43:58 AM

    Is that we suddenly had daily, if not weekly spaces from the community not run by us, where people were discussing theories, what was going to happen, what you were going to need, how you're going to need it, and then that created a bond within the community around this game theory that then strengthened the bond between psychedelics anonymous and its holders.

    bayc2745
  • bayc274506:44:09 AM

    It also then rewards them in different ways. You know they get free mints, they get different pieces and all these things are worth something. You know when we dropped component #2.

    bayc2745
  • bayc274506:44:40 AM

    There was, you know, five 6000 supplier component #2 and during the bull market when everything was pretty healthy, the floor price of that was 0.67. That's, you know, roughly 4 1/2 thousand 8th distributed out to a community and unrealized and FT gains. So there's both monetary sort of reward in that respect. But the most important part of it was how do we engage a community from mint date to product launch? And that's the problem.

    bayc2745
  • bayc274506:44:42 AM

    We're trying to solve in an innovative way.

    bayc2745
  • allnick06:44:55 AM

    Well, I appreciate that answer. The question for you, do you trade NFT's and Simply put what have what have been your best trade so far?

    allnick
  • allnick06:45:02 AM

    Outside of an ape.

    allnick
  • bayc274506:45:06 AM

    Great question. So since December when we launched psychedelics, yeah haven't it. Since December when we launched Psychedelics Anonymous.

    bayc2745
  • bayc274506:45:11 AM

    Publicly enough for this number of times publicly.

    bayc2745
  • bayc274506:45:25 AM

    That I won't be trading NFT's while I'm running my own project. Personally, I think it's a bit of a conflict of interest. It's also, I think, one of the biggest issues with this space is insider trading.

    bayc2745
  • bayc274506:45:32 AM

    Personally and realistically, when you become someone that has.

    bayc2745
  • bayc274506:46:04 AM

    A lot of followers and a lot of friends in this space information comes across, you know your table, quote, UN quote, and you could use that to your advantage to gain monetary gain. That's quite simple and quite frank. There's a lot of people in this space that have sort of been quote UN quote, caught out, and for me, I want to remove that risk off the table completely so my wallet, especially the one that lives with my board at your club. If you look at that wallet, the only activity in there t

    bayc2745
  • bayc274506:46:35 AM

    Has been I sold my acoin relatively high, which I was pretty happy with and I also sold the world of women to make a point around 8 days. But apart from that I have not purchased or minted an NFT since December except for when I bought a V friends when I was with Gary Vee on spaces and I thought that was a bit of an exception. So no since December I have not traded minted or made any personal NFT plays. My sole focus has been.

    bayc2745
  • bayc274506:46:42 AM

    Psychedelic synonymous the project and making sure that that is the thing that we are North starring towards.

    bayc2745
  • allnick06:46:44 AM

    Excellent.

    allnick
  • allnick06:46:47 AM

    Here.

    allnick
  • piovincenzo_06:46:56 AM

    Yeah, that's definitely you know? Yeah, I was gonna say NFT God came on stage. Maybe we can wrap with with Vultur with his question NFT God, you have a you have your hand raised. I'm assuming it's for a question for Volterra.

    piovincenzo_
  • bayc274506:47:14 AM

    Yeah for sure.

    bayc2745
  • nft_god06:47:26 AM

    Yeah, it is Volterra. First of all, thanks for the back and forth last week I I kind of called voltara out on the marketing campaign. He was, you know, kind enough to respond and we had a conversation about it. But I just want to kind of follow up that conversation with a question you know you you you used. You know the kind of classic influencer engagement farming method to promote your project. It seems like there's a lot of really interesting things going on with the project. You know the cro

    nft_god
  • nft_god06:47:56 AM

    The landmark launch on Magic Eden, you know, don't you think it would have been a little bit more productive for your community long term to instead maybe use like a a method like Utes as using for instance, kind of curated, sell the value of the community rather than straight up? Hey? Tag three friends retweet? Like follow subscribe. I might give you a white list, you know, don't you think? Long term health of the community? It would have been better to sell the value of the project rather than

    nft_god
  • bayc274506:48:20 AM

    So I think it's a great question and there's a bit of a sort of pivot 5 point there where you you may have a choice. That's your ethical standard, or what you believe is right. The post specifically that went out had the headline of this is the first ever Ethan of T launch Your Magic Ethan that's cross Mintal Solana. So for me that was the value add and that was the message that we wanted to get across.

    bayc2745
  • bayc274506:48:52 AM

    We use the method that created a lot of interest tag three friends likes whatever you want to call it to get ourselves out there. The youths method with Diego's is a very strategic method and I think it's going to be ultimately very successful and that makes total sense. However, there are some projects that don't have that initial attention straight away. OK, like you know, Digod has what a 300 soul floor. You know that's an incredibly robust project.

    bayc2745
  • bayc274506:48:57 AM

    Has a really, really large fan base, so people however 4 ezu.

    bayc2745
  • bayc274506:49:27 AM

    We don't want to have PA people predominantly holding is it? I don't like that's not what it's for is, it was supposed to be for a different group of people. It's different artwork. It's a different product as a whole. It's a different team that's running the product as a whole. So in order for us to to make that successful, we need to tap into other audiences, which I don't have access to, which isn't my audience, and which also isn't psychedelics anonymous as audience now.

    bayc2745
  • bayc274506:49:46 AM

    We could have promoted through the means of myself and psychedelics anonymous and magic Eden for sure. However, we used other people in this space that don't have as much of a crossover. There is definitely a crossover but not as much in order to try and get some new eyes on one the concept into the project.

    bayc2745
  • bayc274506:50:17 AM

    Now, in terms of the strategy itself, yes, it's to a degree engagement farming for sure, but realistically so is every other type of advertisement on the planet. There is an end goal, which is to get engagement. That is what advertising is now. Whatever means you want to use to get that level of engagement is your choice, and at the current point in time with the market as it is, especially in this market where it's not as healthy, it's a little bit.

    bayc2745
  • bayc274506:50:31 AM

    Tile and a little bit unhealthy in a lot of ways. We decided to use this as a strategic point to push out to make sure that we got our message across in the most effective way possible without doing things like paid advertising.

    bayc2745
  • bayc274506:51:03 AM

    Right, like you know, if we're in a web two world. If we were all talking about Web two, everyone would be doing paid ads on Twitter, on Facebook on Instagram. That's what you would be doing. That's the norm. But at the moment that way of of promoting a project using that, you know, quote, UN quote engagement, farming tactic is the best way to get new eyes on a project. As it stands. And I don't think anyone could really give me a better option. Unless you have one off the top of your head.

    bayc2745
  • nft_god06:51:05 AM

    Yeah, I mean I I think.

    nft_god
  • bayc274506:51:05 AM

    So that's why we went down that route.

    bayc2745
  • nft_god06:51:38 AM

    This other couple options, I mean yes, they would take a little bit longer than you know, asking everyone to tag three friends, but I mean posting spaces where you bring on NFT Lama and the 567 other influencers you had sent out that post where you have conversations with them and talk about the value and the road map and what you're doing different and you know it would take a little bit more effort. But those influencers their audiences would be seen in the the Twitter space, right? They would

    nft_god
  • nft_god06:52:08 AM

    To me, that's kind of like an even exchange of value, right? Like you talk about what the project is, and then if they find it interesting, they follow and potentially buy or whatever it is. There's other ways to do it that you know may take a little bit more effort just for me, I just see a ton of this in the space and I just think it's a little bit healthier for communities overall to avoid these types of low touch advertising. I think it leaves a lot to pumping and eventually dumping, but I d

    nft_god
  • nft_god06:52:21 AM

    Right, you tweeted that you know there was no compensation influencers and came money tweeted that he got whitelists for the the advertisement. Do you want to kind of clear up what happened there? I think there's a lot of confusion in the community over that.

    nft_god
  • bayc274506:52:27 AM

    Yeah, for sure. So that was pretty cleared up by both me and Kay money's comments on your specific post.

    bayc2745
  • bayc274506:52:42 AM

    But to reiterate again, as I said, we messaged a bunch of people to say hey, we're gonna post this at, you know, midday on whatever day that was. Are you interested in posting it? Yes or no?

    bayc2745
  • bayc274506:52:51 AM

    Everyone came back. Some people said no. Some people said yes, I sent it to Kay money and he said sure I'll post it and he posted it.

    bayc2745
  • bayc274506:53:06 AM

    Now when everyone was then talking about compensation, is this a paid ad? Is this not disclosed? A la? That's when I then tweeted saying no one has been promised anything. No one is being compensated with like this, but no one is being paid for this.

    bayc2745
  • bayc274506:53:36 AM

    And unfortunately, came money assumed that he was going to take a spot for himself, but that was not discussed between K money and me. And if you wanted to see DMS, I'd be happy to show them to you. Obviously if came money was comfortable, but that was something that he assumed. And then I've sent his tweet to him and said, mate, like we didn't discuss any form of this compensation that is mentioned and he said, I apologize, I assumed.

    bayc2745
  • bayc274506:54:00 AM

    And then that's when we both agreed to probably just delete it, because at that point it was dirty already and it didn't really make any sense. And that's why both of us commented on your post, which I believe you said someone was lying and said no, no one is lying. There is a miscommunication because things happen, and we're human, and that's why the post was removed. So I hope that clears up your thoughts.

    bayc2745
  • allnick06:54:11 AM

    What?

    allnick
  • nft_god06:54:11 AM

    Yeah, for sure. I just wanted to get that out in front of the entire audience here because I think a lot of people you know saw that and they were clearly contradictory statements, so I appreciate you answering. I don't wanna take up too much time here, so I'll talk to someone else.

    nft_god
  • allnick06:54:39 AM

    Last thing, before we wrap I just I said one more question, but I actually have one more. You have 10 figure business on your profile and have kept that for a long time. Is that a because you ran 10 figures worth of ads for other companies? B? Because you're the founder of a Facebook like company. You have a Unicorn business that you started or see. It's just a made-up number.

    allnick
  • bayc274506:54:57 AM

    OK, so that is probably D, because, uh, the way there was reason was the marketing agency that I had. We had a lot of NASDAQ listed clients and at the time before the NASDAQ crashed, they had a market cap of I think it was 80 or 90.

    bayc2745
  • bayc274506:55:27 AM

    80 or $90 billion in total. In terms of the in terms of the clients that we had right, the second part of that was two of our advisors who are also investors in Vulture Labs, which own psychedelics anonymous and ezu. Both have worked on businesses of that size, and James, who's the CEO of Morrison Infrastructure Group prior to again NASDAQ crash. The market cap of that was just over a billion dollars, so that is why.

    bayc2745
  • bayc274506:55:31 AM

    That is in there, if that makes sense.

    bayc2745
  • allnick06:55:34 AM

    Yeah, got it. So it's a market cap thing. Got it?

    allnick
  • piovincenzo_06:55:54 AM

    There you go, uh, and what I mean? Uh, just for the sake of giving Solana some you know, some shine here. We got running man who's the Co host of easy show Solana made easy and a full time Solana trader. At this point, former professional poker player running man, I'm assuming you have a question for Altura on the Solana side, is that correct?

    piovincenzo_
  • runn1ngm8n06:56:25 AM

    That's wells more and more. Just a general question to be honest PO, I mean on the on slam ideas we've touched on them Web 2 coming into web three and really struggling not really understanding the market. And I mean vulture. It's obviously mentioned he's had businesses in real life. And then you know comes from web web two and business as well. I really liked what you said about keeping the community engaged in between different road map events. I've just wondering and be having experience in b

    runn1ngm8n
  • runn1ngm8n06:56:30 AM

    Whilst you've been running Valtur Labs compared to previous Web 2 business.

    runn1ngm8n
  • bayc274506:56:29 AM

    Don't hate.

    bayc2745
  • runn1ngm8n06:56:31 AM

    Yeah.

    runn1ngm8n
  • bayc274506:56:32 AM

    Hapes Hapes mate.

    bayc2745
  • bayc274506:56:47 AM

    I think anyone who anyone who goes into from a Web 2 business tool of three business and let's be realistic. That's everyone because no one has just started a Web 3 business. Generally speaking, everyone has worked in web two at least once.

    bayc2745
  • bayc274506:57:18 AM

    There's been a multitude of lessons learned. One of the lessons we've been going through at the moment, which has been an absolute struggle, is we had a free merchandise clean where we gave free merchandise caps, two T-shirts, and two pairs of socks to all of our holders that claimed it. And it's been an absolute nightmare supply wise and logistics wise getting that to them ineffective time frame. And that's something that we absolutely struggled with and absolutely humbled.

    bayc2745
  • bayc274506:57:33 AM

    I was in LA two days ago handling that myself at the warehouse because it's been atrocious and difficult to deal with, so that as an example is one thing that we've really struggled with. I think now for us, challenge wise.

    bayc2745
  • bayc274506:58:05 AM

    As we grow, and as we scale as a business, you know we need to put procedures in place from an operations perspective to stop growing pains. And when we have a multitude of deadlines coming up, we need to make sure that we hit all those deadlines. Now for every claim that we've ever had. For every NFP we've ever dropped, we've never had a technical issue. Our technical record is perfectly clean. You know, we've never had a tech issue ever, and that probably comes from the experience.

    bayc2745
  • bayc274506:58:10 AM

    Of the marketing side, because we had a dev agency that did a lot of development work.

    bayc2745
  • bayc274506:58:27 AM

    There are other deadlines and things that have been missed absolutely, and so I think our biggest struggle from a growing pain perspective at the moment is realistically keeping up with operations at a much higher scale to what we're used to and then additionally.

    bayc2745
  • bayc274506:58:34 AM

    You know when you run a private enterprise and a lot of people here have probably run a private enterprise in the past.

    bayc2745
  • bayc274506:59:04 AM

    It's something where you know there can be mistakes made or they can be decisions that are changed because business happens, right? You have to be adaptable. You have to be flexible. However, in this landscape, when you make a decision or you change a plan. But the good of the the ecosystem and the good of the project, then you know you've got to explain that to everyone who's part of your project, all the holders, all the people that have been here since day one.

    bayc2745
  • bayc274506:59:29 AM

    And that is a much more complicated and lengthy process than a lot of people would experience in Web 2, because in web two you can quickly pivot and move, but here it's got to be, you know, really articulated and explained before something happens, so I think there's a few challenges that we've definitely faced and I think anyone who's running a project, especially a project that's gotten quite large, has probably faced similar issues.

    bayc2745
  • piovincenzo_06:59:47 AM

    Well, there you have it. Well, ladies and gentlemen, Volterra, the founder of Psychedelics Anonymous and now the sister collection that is the first project that launched a Magic Edens Launchpad Vultur. Thanks so much for joining us. How long how much longer are you in the states for?

    piovincenzo_
  • bayc274507:00:13 AM

    So we have a. We have a launch party for ISU with Ezu Team and Magic Eden that is tomorrow evening. So that's for a lot of PA Genesis holders as well as some magic edenside, so I'll be there for that tomorrow so I'm sure I'll see a bunch of people there and then just for a few more days back to LA to make sure that our merchandise stuff is finished and sorted and getting my hands nice and dirty on that one to make sure that's that essentially.

    bayc2745
  • bayc274507:00:20 AM

    Crosses the line and then back home around the 15th I believe, so it's a pretty pretty short trip this time around.

    bayc2745
  • piovincenzo_07:00:30 AM

    Yeah, definitely a short trip going so far. Well again, thanks so much for for joining us and you know, hope you have a safe rest of your trip. And yeah, catch you next time.

    piovincenzo_
  • bayc274507:00:32 AM

    Other problem guys, thanks for having me.

    bayc2745
  • allnick07:00:55 AM

    Hmm.

    allnick
  • allnick07:00:58 AM

    Let's do it.

    allnick
  • piovincenzo_07:00:58 AM

    Absolutely, ladies and gentlemen, if you're just tuning in, this is the NFT morning show. We do the show Monday through Friday 9:00 AM to 10:30 AM Eastern Time. Every damn week. The show is sponsored by FTX, so sign up at the nifty.com/FTX or with the code. The nifty on your FTX mobile app. About to get into some of the NFT market action.

    piovincenzo_
  • piovincenzo_07:01:05 AM

    Let's do it. This show is the NFC market a trade talk show. If you wanna speak, request to speak man, request to speak.

    piovincenzo_
  • allnick07:01:17 AM

    I'm a yo coming from a fucking trillion dollar business manager right here, baby, let's get into it. I have friends that work at Google so you know, watch out.

    allnick
  • piovincenzo_07:01:19 AM

    Watch out I'm about to.

    piovincenzo_
  • allnick07:01:21 AM

    I'm ready, I'm ready to build a trillion dollar business.

    allnick
  • allnick07:01:40 AM

    Fractional

    allnick
  • xbenjamminx07:01:46 AM

    One person.

    xbenjamminx
  • piovincenzo_07:01:46 AM

    That's right, I'm caffeinated, man. I'm ready to go. Let's fucking party so look So what a what? A market we're in right now we get that CPI print. We get a a rip on our crypto assets, but it's not really a rip, right? I saw Andy from from Fractal Post that fractional fractional post that meme that kicks loves. You know what I'm talking about. Where it's.

    piovincenzo_
  • piovincenzo_07:01:47 AM

    It.

    piovincenzo_
  • allnick07:01:48 AM

    A 1%.

    allnick
  • piovincenzo_07:01:58 AM

    Yeah, yeah, I love that. I love that so much because it's true. It's like it went up a little bit and we're all like ohh you know it's just like alright it's not that serious.

    piovincenzo_
  • allnick07:02:08 AM

    I mean, it was a good trade I made. I made like a whopping if you bought one Bitcoin, you made $1000 this morning.

    allnick
  • piovincenzo_07:02:11 AM

    Yeah, that's that's what I mean is like it wasn't that.

    piovincenzo_
  • allnick07:02:22 AM

    So you had to buy a whole Bitcoin that was. That was what I had to do in order to do it. Fortunately I had two, but I bought literally at the the we just bounced off the price that I got in at basically.

    allnick
  • allnick07:02:42 AM

    Like net zero on this thing, but it was. It was pretty. It was pretty entertaining and at least I made a little bit off of it, so it's it's still fun. It's also because like it's not like inflation is gone. We're like it's just. It's not growing off of the.

    allnick
  • allnick07:02:50 AM

    You know, historically high levels, which is what I don't remember the exact number. It's it's somewhere between 8:00 and 9:00.

    allnick
  • allnick07:03:07 AM

    So yeah, I I 8.5 there we go dead in the middle of what I'm saying. So wow, it's only 8.5% inflation a year over year. But yeah, hopefully maybe the interest rising is helping, so we'll see.

    allnick
  • piovincenzo_07:03:21 AM

    We're gonna have to see, uh, so I mean, look if you look at open sea, look at the number one project. It's what we talked about before and we have the guy that sent it to me at .02 ETH on stage.

    piovincenzo_
  • allnick07:03:23 AM

    I don't want to talk about it. What's the next subject?

    allnick
  • piovincenzo_07:03:52 AM

    Regardless, I would have Fran on anytime I used to invite Fran on the show every day and he's just like Nah, I'm busy, you know cause because he's he's doing big time stuff in the sneaker world. But Fran, you you're Mr. A Pepe at this point. My my ninja alerts is going off left and right with you buying these things selling these things you made a monster sale. You sold one for seven and a half eighth holy shit what what do you make of what's going on with this?

    piovincenzo_
  • piovincenzo_07:03:53 AM

    Tough man.

    piovincenzo_
  • franalations2307:04:19 AM

    Yeah, what's good Pierre? What's good everyone? Yeah, so I found this project the night that it went free meant it had just sold out when I found it. The floor was actually 0.01 when I started buying them. And you know, I know for a lot of people they need to see like a a value to determine if something's worth you know adding to their collection or whatever. Right away I looked at it and the art was just different.

    franalations23
  • franalations2307:04:50 AM

    Digging a little bit deeper, it's actually one of the, uh, original artists for rare Pepes who worked on this, and so my thesis was most people are going to see this and think that, oh, it's just another 8 derivative and kind of ignore it, and so that gave me an opportunity to just really dig in already knowing a lot of the board 8 traits and just going for certain things that I liked. I actually ended up picking up that first night trippy laser beam, which I sold the next day.

    franalations23
  • franalations2307:05:01 AM

    Like .38 or something like that, so definitely regretting that. But yeah, overall the the art is awesome. You know there's certain traits from the board collection like.

    franalations23
  • franalations2307:05:18 AM

    For me personally, the UM, the red apes didn't really stand out that much, and in this collection the red apes look amazing. The quality on the art is literally top tier, and so something to look forward to is they're doing this thing called Frog Tober where they're basically drop.

    franalations23
  • piovincenzo_07:05:23 AM

    We we heard about Frog Tober last year Fran what what's this frog Tober?

    piovincenzo_
  • franalations2307:05:41 AM

    Yeah, so that they're they're dropping. Basically the equivalent of mutant vials. In this case they're zombies, so you'll basically be getting another NFT with completely unique artwork, and they've been kind of teasing that pretty much every day and a lot of that looks really sick. So looking forward to that.

    franalations23
  • allnick07:06:11 AM

    Hasn't every single mutant vial copycat basically been a source of the the floor price of the entire project cratering, like I'm not sure if there's been any example outside of Yuga labs where the increase OK moon birds. Actually I don't know technically if moonbird since oddities is down. So yeah, literally, ever. Although I wouldn't blame that on oddities necessarily. Although it is crazy to me how how quickly they expanded the ecosystem.

    allnick
  • allnick07:06:12 AM

    Like it's just been.

    allnick
  • allnick07:06:40 AM

    Very fast, so I'm wondering is there any example of any project other than Yuga Labs where adding supply has actually increased the value? And actually I don't know what the floor price was of apes last year when mutants dropped, but it was probably up near where we're at at this point in time, so I don't know if even for them technically at this point then that increasing the supply has positively impacted the floor price.

    allnick
  • franalations2307:06:48 AM

    Yeah, I don't remember where apes were at when mutants dropped for some reason, then like 25 E in that range comes to mind, but I could be.

    franalations23
  • allnick07:06:49 AM

    Hmm.

    allnick
  • xbenjamminx07:06:51 AM

    It ran up. It ran up to about 60 around that time at the top.

    xbenjamminx
  • franalations2307:06:53 AM

    Gotcha.

    franalations23
  • allnick07:06:55 AM

    60 and eighth was like 3K, right?

    allnick
  • xbenjamminx07:06:57 AM

    Yeah.

    xbenjamminx
  • allnick07:07:26 AM

    So yeah, yeah so far OK just DM 63 ETH. So yeah, I mean, I think so. Technically at this point they're even down at this at this moment in time there was a crash right after because essentially it's like an ex dividend that that happens at that point in time. But I'm almost like it's one thing you you strike strike me as someone who's like genuinely passionate about some of the like creativity stemming from some of these projects and the actual like designs and.

    allnick
  • allnick07:07:57 AM

    Some of the execution that's being done, but the the tokenomics that I've seen so far we've been discussing it internally and we were just like anything that adds supply is a bad thing. So now it may be an extreme position, but that's just something that that I've seen so I'm just wondering like, am I right? Like where is your? What's your perspective on that? In terms of that, maybe this particular project of where you're like I would buy in at this point.

    allnick
  • allnick07:08:00 AM

    Get knowing that they're going to increase the the supply as a whole.

    allnick
  • franalations2307:08:31 AM

    Yeah, I think historically you're you're definitely 100% like on the dot, but with that said, historically if you were to say a ape derivative, oh just another ape derivative, you kind of assume that you know it wouldn't even pass .1 or something like that too. So really, I don't think anyone knows what what the outcome is going to be. What I do know is the art looks sick, and so that's kind of what I've been looking forward to as well. As you know, they're doing other air drops and the potentia

    franalations23
  • franalations2307:08:47 AM

    To be distributed. So just overall something that you know. Look at the projects. Definitely caught my eye. It's all I've been doing for the past eight days is just trading this stuff just because it's been like so much fun. I was literally on vacation and I was just trading this stuff. I'm gonna be honest, but yeah.

    franalations23
  • piovincenzo_07:09:14 AM

    So yeah, I'm aware you. You send it to me so many times I'm just too much of a bonehead to be able to actually capitalize on it. And you've also sent me, like other ones, that have come out afterwards. My problem is like, well, first of all, I don't like to chase things when there's like a new trend, and I missed the first part of the new trend, right? So this call this a new trend or whatever you want to call, like a low priced Pepe related thing, were these actually like literally a free mento

    piovincenzo_
  • franalations2307:09:45 AM

    Yes, so they actually released in March and they didn't sell out. Uh, it was 0.05 at that time and part of the reason was the initial drop was basically in the same exact order as the board app. So people were kind of knowing what was going to be rare and what wasn't. So after months of it not selling out, they went Freeman and they kind of scrambled their remainder so some of them are exact. One to one matches of, you know, the eight members and others. You can find your match with a different

    franalations23
  • franalations2307:09:54 AM

    Where basically and so the night when it went free it sold out rather quickly and that was the night where I found it and the floor at that time was 0.01.

    franalations23
  • piovincenzo_07:10:24 AM

    Yeah, and and I want to hear from Ben in a SEC, but like my frustration with this is just well, it's not really a frustration, I'm just kind of like what the hell as a rare Pepe holder and like when we had we had feroke on on the YouTube show. I guess it was yeah last week and you know, when we were looking at his collection I was like really shocked to see that he had bought some rare Pepes he had Pepe Lisa and I was just surprised to see that just because I thought that you know, I thought tha

    piovincenzo_
  • piovincenzo_07:10:55 AM

    Unlikely that it's going to really come back, and it's because I've talked to whales. I've talked to people that are OG's in the space and The thing is you can always do this like history on FT historical, NFT thing but future like so future market participants are going to have to value these things at a premium because the actual market participants in the FT space right now just are not like what's the floor on curio cards. Like .25 point 3 eat. So basically what we're saying is when the actu

    piovincenzo_
  • piovincenzo_07:11:25 AM

    Participants, the people that stick around during a bear market are here. They're valuing board apes at 88th or whatever moon birds at you know 15 athyrium, but they're valuing curio cards at at .3. And then I'm trying to. I'm looking at the sales of Emblem Vault, which is the vault for Rare Pepes, and obviously this is not the only place that you can buy rare Pepes. It's one of these collections that's very fragmented because it's an OG Bitcoin collection, blah blah blah, but I'm looking at it

    piovincenzo_
  • piovincenzo_07:11:56 AM

    And the whole fucking emblem vault collection. 2 days ago. The whole collection. There's 28,100 items here on Emblem Vault, and obviously there's a bajillion rare Pepes that are not vaulted here. And the whole collection has 18 sales on it two days ago. Amid this rare Pepe bull run, so I consider that just completely illiquid miraculously, one of my rare Pepes sold in the past week. I was stunned. I was shocked, but it's just. It's like impossible to sell these things, and so that's why I find i

    piovincenzo_
  • piovincenzo_07:12:28 AM

    Hard to believe that they're going to be like a major thing in the future. Uh, you know, I'm I'm a holder, right? So people would say you're, you know, I'm flooding my own bags right now as people say, right? I was talking to John Carlo, our pal who's a big time NFT YouTuber, and he's getting interested in them now. And I'm like yo like be careful dude, because these things are illiquid and he's got some really good like perspective. It's like long term perspective. He's like there's diamond han

    piovincenzo_
  • piovincenzo_07:12:36 AM

    To see whether this is going to be something long term, Ben has his hand raised Ben, do you have some some input on rare Pepes or any of the stuff that we're talking about right now?

    piovincenzo_
  • xbenjamminx07:12:40 AM

    Yeah dude, I actually had a a question for you specifically.

    xbenjamminx
  • xbenjamminx07:13:09 AM

    Seeing as like this collection is basically looks like what your profile picture is, you know it's like you know you have. You have a a Pepe with a board, a shirt which is what collection basically came out to be. Even though it's a derivative. And so I'm just curious like from your perspective, like what? What would it have taken for you to want to get in just for the fact that like it represents, you know a collection of like what your profile picture already is.

    xbenjamminx
  • piovincenzo_07:13:39 AM

    Honestly, like when friend sent it to me, I looked at it on my phone. My phones in black and white. You know what I mean and so like like the color, little grayscale and back black and white. So I just like looked at it for 2 seconds. I was like I just like I was in the middle of like doing some work or something and I just couldn't do it. When I look at it now on open C like on my monitor, it's clear that the art is like ultra High res. So I'm not surprised that Fran, you know, quickly identifi

    piovincenzo_
  • piovincenzo_07:14:10 AM

    I agree with you now that I look at it full high res on the computer. The bottom line is like I, I'm just like really really focused on everything that we have going on and I don't want to go on and on on the whole like I'm building blah blah blah thing. But like when you like we talked to Zeneca on the YouTube show yesterday actually feels like longer ago but yesterday we had a YouTube show with Zeneca and we asked him about his trading and Zeneca said he was only a full-time NFT trader for fou

    piovincenzo_
  • piovincenzo_07:14:40 AM

    But he was a full time NFT trader for four or five months and said that he was starting to get exhausted. And once he started building Zen Academy like that, it's you can't like trade NFT's half ass. You're just gonna get fucking wrecked if you half assed trade NFT, especially in a bear market when there's no like luck involved and it's actually like PvP hardcore like you know, challenging environments. You're just going to get wrecked. So like I don't like to just flush 1500.

    piovincenzo_
  • allnick07:14:56 AM

    It's a.

    allnick
  • allnick07:15:01 AM

    Yeah.

    allnick
  • xbenjamminx07:15:02 AM

    Yeah.

    xbenjamminx
  • piovincenzo_07:15:04 AM

    2500 bucks down the toilet. I did that with potatoes the other day, although I do think that there's potential for those to come back. But The thing is, then the you know the market was all about potatoes and now they're all about rare Apepe Yacht Club and this thing that I think I think I saw. You buy one yesterday. Ben the digit daiku or whatever it is that unholy pump that we saw yesterday went from .2 to 2 1/2 or something.

    piovincenzo_
  • allnick07:15:05 AM

    Yeah.

    allnick
  • xbenjamminx07:15:22 AM

    Yeah, I I got into that I I skipped the rare Pepe one just personally I I had some issues on on my own with that but I don't have to get into that. But yeah I got in. I got into that did you one? I already flipped it though during that pump so I was happy to be a part of it. But yeah, it it caught a lot of people by surprise.

    xbenjamminx
  • allnick07:15:52 AM

    You you don't clearly understand a culture PO. It changes on a daily basis and you need to understand that you know potatoes were really hip last week when I bought at the top and and now they're not as HIP, but that's how culture moves. You got to understand that. So in order to operate in this space, you got to have cultural relevance. And when we talk about culture, we talk about the day-to-day in and out like this is one of the problems when you go and buy clothes today may not be hip tomorr

    allnick
  • allnick07:16:22 AM

    Each day you need to really be considering should I wear what I'm wearing? Should I throw my entire clothing outfit that cost me? You know what that you spend on your on your wardrobe over 1000? However much you spend? Maybe you spent thousands because you're just a boss and you went out there and you like bought that. Next day you're going to walk around and people are just going to be saying you're a dumb loser like that's what's going to be happening. That's the same way that the NFT market o

    allnick
  • allnick07:16:27 AM

    Of day trade and cultural relevance. And yeah, that's just the way this works.

    allnick
  • xbenjamminx07:16:28 AM

    Yeah.

    xbenjamminx
  • piovincenzo_07:16:29 AM

    I mean, I couldn't have said it better myself. Go ahead, Ben.

    piovincenzo_
  • allnick07:16:38 AM

    Ohh totally yeah.

    allnick
  • xbenjamminx07:16:48 AM

    And and we also all have come to the understanding that NFT collection start to look better the higher the floor gets, right? Like when you find it at a low price. You're like, yeah, it's OK. And then it goes up to .75 like holy shit, this is a grail isn't it? I need to. I need to buy this. I need to print it out, get someone to paint it for me.

    xbenjamminx
  • allnick07:17:11 AM

    Dude I got leaves coming out of a pile of shit right now for for the potatoes and I'm I'm. I'm last week. I was explaining how bullish I am on this project and what what sort of intelligent investment theories went into me actually making that purchase. Your boy is down 20% at this point on that investment.

    allnick
  • piovincenzo_07:17:41 AM

    So so real quick. I want to throw the note I want to throw to a new speaker who I don't believe we've had on the show before hacks. I always want to hear from node those I'll throw to him in a second. The one thing I the one bit of perspective. I guess I'll maybe I'll provide 2 bits of perspective on rare Apepe Yacht Club that Fran has number one when people like Fran get in on something when someone else that I consider to be often in the right projects. But they're not like Omega active trader

    piovincenzo_
  • piovincenzo_07:18:12 AM

    A lot of times they'll be like OK, that's interesting. They added me to a group of people like on Twitter where everybody's all about the rare apepe. So like in general that type of thing is interesting to me. I also had like a whale friend of mine dming me saying is this the next goblins so you got the combination of people like Fran that tend to have an eye for this stuff, but I think it's already clear considering Fran brought in and brought in at .01 and .02. So like the sort of the Frank th

    piovincenzo_
  • piovincenzo_07:18:43 AM

    Got one each, so the first leg from Fran is is taken care of there, then that second leg is like the the person that isn't in every project but tends but is in the space and tends to get in on some good stuff. Them getting in and and adding me to that group yesterday. OK, that could be a second leg and then you got like the whales that are full time traders deeming and asking what I think of the project. And if it's the next the next goblin town. That's another leg. So all those things are inter

    piovincenzo_
  • piovincenzo_07:19:12 AM

    Right, I know that they're the the Pepe trends a lot of times can be kind of weird and they can fizzle out pretty quick. And and like Nick was saying, you have to understand how quickly cultural relevance can move in the space. Having said that, because this is by a legit artist and I think a legit cofounder too, you know, and it's and it's from one of the original rare Pepe artists. I wish the fucking rare Pepe themselves would pump.

    piovincenzo_
  • piovincenzo_07:19:25 AM

    But anyway, you know that that's my perspective is it's tough. The unique ownership is low. Having said that, what a ride it's been for everybody that's gotten in. Shout out to you if you've been holding this thing, holy shit node. My guy. What's going on?

    piovincenzo_
  • piovincenzo_07:19:42 AM

    Huh?

    piovincenzo_
  • allnick07:19:46 AM

    Ohh yeah.

    allnick
  • allnick07:19:47 AM

    It.

    allnick
  • depechenode_07:19:49 AM

    Yeah, I wanna thank Nick uh, for teaching me a valuable lesson last week when he called us up right and was like telling us to buy potatoes and I, you know, the longer the conversation. When I realized this was like a full on conspiracy theory, he had forming in his brain and he was trying to. He was trying to convince himself and me and he almost got me. He almost got me but but but you didn't quite get there.

    depechenode_
  • piovincenzo_07:20:04 AM

    It.

    piovincenzo_
  • piovincenzo_07:20:07 AM

    Abe coin

    piovincenzo_
  • piovincenzo_07:20:15 AM

    How? What do we buy an ape coin out? Was it like 11 bucks or?

    piovincenzo_
  • allnick07:20:20 AM

    If if you go back to when we were discussing, I forgot about this trade I made was so we did. We did a show and we're discussing how Elon Musk is going to the conclusion of my conclusion that we had. Basically yeah gone into a circle. Someone DM me. They lost a lot. I did also actually on this we we yeah, it was like it was on its way down for a temporary moment.

    allnick
  • allnick07:20:25 AM

    There was a pump because Elon Musk was spotted at a club with.

    allnick
  • piovincenzo_07:20:27 AM

    Gao, Siri

    piovincenzo_
  • allnick07:20:44 AM

    What with Gio, Siri and so, so he's at the club and we're like. And then he switched his Twitter banner or profile to the picture of like 100. All the yeah exactly so so.

    allnick
  • piovincenzo_07:20:47 AM

    All the apes that sold at Christies right or whatever like yeah and then nobody dot ETH. Remember nobody dot Ethan our tinfoil hats.

    piovincenzo_
  • allnick07:20:51 AM

    Yeah so, Oh yeah, nobody died Ethan.

    allnick
  • piovincenzo_07:21:00 AM

    Nobody, daddy, he tweeted days before so nobody dot Earth knew something and then he went like crazy on Twitter. He had his 15 minutes on Twitter. We gave him a little bit of shine.

    piovincenzo_
  • allnick07:21:17 AM

    And and so yeah, he went. He went nuts, but in the process we're like this is clearly so unimportant. This may just be Elon Musk. And and so we came to the conclusion that they were Elon Musk and that we.

    allnick
  • allnick07:21:42 AM

    What was it that Abercorn he was going to acquire board acquire Yuga Labs and that was the entire outcome so I put in like $15,000 into a coin. I think it's not worth 5 like I don't know if I even sold out of that trade. Like literally I. I think I think I just like lost a bunch of money on that trade. So if you want to know how, like how?

    allnick
  • piovincenzo_07:21:46 AM

    You you did you? You shouldn't think if you buy 15K at 12 bucks and now it's 6 bucks, you lost a lot of money.

    piovincenzo_
  • piovincenzo_07:21:48 AM

    OK.

    piovincenzo_
  • allnick07:22:04 AM

    Well, I I don't know if I'm still holding it, that's the only thing like I've I've no idea. But all all that I do know is this is then we had done the same thing, the same conspiracy theory worked for 10K TF, though where we were like this is. This is clearly people and and then.

    allnick
  • piovincenzo_07:22:34 AM

    But people already knew it. With 10 KTF the the news is basically known for like 5 months and then it comes out and people like Oh my God like Popcaan had a meme in the discord the other day that was hilarious. Or it was basically like oh you mean the news that what cause it was about 10K TF's connection to other deed Popcaan was like oh you mean the news that we knew five months ago and like that's how it works with 10K TF? But yeah I mean we had that that the tinfoil hats on with 10K TF we bou

    piovincenzo_
  • piovincenzo_07:22:37 AM

    That's ten KTF traded sideways for months during the bull run.

    piovincenzo_
  • allnick07:23:07 AM

    Yeah, so I. I mean, it's one of those things. It's hard to say, but like to be fair, it's it's entertaining as we go through that process. So at a minimum, it's that unfortunately that entertainment. I mean, when we started this show, I just straight up lost 30 grand like that was like the the the beginning of that show for the in the first month we after the Mutiny Yacht Club pump I kept 10 ETH at that time. So that was 30K in.

    allnick
  • allnick07:23:18 AM

    In my meta mask and I was telling my then fiance I'm going to trade this. I'm going to trade the hell out of this wonderful I just lost.

    allnick
  • piovincenzo_07:23:20 AM

    But we're gonna have $1,000,000 babe.

    piovincenzo_
  • allnick07:23:24 AM

    But this I'm gonna work it out we're gonna make a fortune and.

    allnick
  • piovincenzo_07:23:24 AM

    Well, I mean.

    piovincenzo_
  • allnick07:23:49 AM

    Literally just lost all of it. I don't know if I made like I look back at some of those things. I just end of the year. I was just like taking losses left and right and just being like. Well, that was fun. Fortunately, there's been some additional gains, but really the only gains have come from just holding on to board API club. Literally 80% of My Portfolio growth has happened with that and then my recent punk purchase was it was a smart move as well.

    allnick
  • piovincenzo_07:24:19 AM

    Yeah, I mean we were all buying NFT's at the tail end of the bull run. Just getting wrecked like they. I mean look, I bought the essence fuck render essence. I was buying a like .6 it went up to like .98 right? Whoopi had bought like 16 of them between .5 and .6 and I'm getting in at .6. I'm like Mia Whoppie we're about to crush, right? Wapi sells them at like .95. I'm like Nah man these are going to 1 1/2 feet like you don't understand like I come from nifty gateway I know fuck render.

    piovincenzo_
  • piovincenzo_07:24:35 AM

    He's going to 1 1/2 feet, literally. Ended up having I took a 99% loss on them so I was like buying them for like literally I don't know. .6 * 3500 bucks is like a good amount. I bought several and I was selling them for like hundreds of dollars. It was literally a 99% dump.

    piovincenzo_
  • allnick07:24:37 AM

    OK, that's not technically 99%, but yeah, it's.

    allnick
  • allnick07:24:39 AM

    Yeah.

    allnick
  • piovincenzo_07:24:53 AM

    It's pretty close, it's pretty. It's pretty close, so look, we got hacks on stage. You have a mutiny beach club. It sounds like you are the founder of Alpha Gang X. While we we don't want you to promote that, but we do want to hear your perspective on the NFT market. And then afterwards we will throw to whitters what is going on hacks.

    piovincenzo_
  • hax61607:25:23 AM

    What's up man? Thanks for having me and don't worry, I'm not here to show at all. I just like the conversations that you guys are having and you know if if you want me to drop a little bit of alpha I can. You guys spoke about potatoes. You spoke about rare LP's and honestly yeah guys anytime you see like huge pump like that and it's all over Twitter it's being showed everywhere. You're likely buying the top. You know that's something I had to learn just throughout my training experience.

    hax616
  • hax61607:25:44 AM

    Uh, that you know if something is just everywhere and, uh, you know everybody is posting it on Twitter and shilling it everywhere. It it might be. You know them looking for an exit like I'm looking at rare EPP floor right now. Just on NFT nerds. And I see like all these whales with 203040 that they're all listed at 1/8 right like this. This is the exit right now.

    hax616
  • hax61607:25:52 AM

    I'm buying it.

    hax616
  • piovincenzo_07:26:00 AM

    So first of all, hacks that the old pro hacks right here, teaching me and Nick a a thing or two about buying the top hacks. We've been buying the top since you were in diapers, so I don't wanna hear about us buying the top. OK, I know how to buy the fucking top. Don't tell me how to buy the tops.

    piovincenzo_
  • allnick07:26:09 AM

    We just lose money. That's the point of this show. It's literally the losing trading show people come to hear about it and then just don't take the counter position to whatever trade I'm making.

    allnick
  • piovincenzo_07:26:22 AM

    But hacks in all seriousness, I'd love to know, since you since you know how to not buy the top apparently, which is very interesting. You know what are you looking at in the market? What where have you bought recently? What's what's your play?

    piovincenzo_
  • hax61607:26:43 AM

    Oh I I pay for hand the fuck out of everything that I actually had. 20 rare Epic's I bought them at like .06 and I just offloaded them all between .2 and .3. I was not expecting them to go to 1 E but I had 20 right when you buy in bulk. Do not get greedy. Do not wait for that hopium pump. You know just secure those .2 profits over and over and it eventually builds up.

    hax616
  • hax61607:26:59 AM

    Yeah.

    hax616
  • piovincenzo_07:27:14 AM

    Yeah, I mean so. First of all, I want hacks to come back because the way hacks presents this stuff. He really is like, like Mr. Rogers is. I don't know. He's like my teacher over here and I don't know there's something about it that works. So hacks definitely feel free to come back on the show. This is hilarious. We got winners on stage winners is a very talented artist. She participates in the FT Market, but she also made the painting that is behind Nick on our YouTube streams. The Big 5 foot e

    piovincenzo_
  • piovincenzo_07:27:20 AM

    Every day, usually there's a reason for it. What what was I? You know what's going on? Why are you on stage?

    piovincenzo_
  • landwhisker07:27:43 AM

    OK, y'all hear me out and thank you for that amazing intro PO. So hear me out. I feel like Ted's art is going to be the new meta. Not only is it dirt cheap like Solana, but unlike Solana, you don't feel like you have to take a shower after trading and I have scooped.

    landwhisker
  • landwhisker07:28:14 AM

    I have scooped and just got an exposure to like super rare artists and y'all eat maxes out here. Just throwing, you know, just money in the dumpster at this point on gas and I pay nothing in gas on Tez. So I I've been just scooping. I've got some deep pockets from Nick's painting and the crypto schools mural.

    landwhisker
  • landwhisker07:28:15 AM

    So I'm just.

    landwhisker
  • allnick07:28:18 AM

    OK.

    allnick
  • piovincenzo_07:28:19 AM

    You definitely hosed Nick for that painting, right? Right whitters? What was the markup on that one?

    piovincenzo_
  • allnick07:28:22 AM

    Because we don't want to talk about that.

    allnick
  • allnick07:28:44 AM

    I.

    allnick
  • piovincenzo_07:28:44 AM

    What?

    piovincenzo_
  • jesseshalfon07:28:45 AM

    Yeah, I mean this I I've already commented on on winter's fake accent. What people don't really know is that an NFT NYC. She dined and dashed with her boyfriend. I had to pick up a check, checked his true story. True story, chased them down at the bus stop. And then they did their ohh when I. They must have just been a innocent mistake. So yeah, watch out for this one. You got to be careful with winter. She's a she's a real shark.

    jesseshalfon
  • allnick07:28:47 AM

    So.

    allnick
  • allnick07:28:50 AM

    This.

    allnick
  • piovincenzo_07:28:54 AM

    Yeah, Witters real accent. Witters really has a Long Island accent. She's just got a thick ass Long Island accent and this is a put on. Go ahead nick.

    piovincenzo_
  • allnick07:28:55 AM

    So I was just going to say on the tazos.

    allnick
  • jesseshalfon07:28:58 AM

    I I do want to get into text so I don't know if you get it. Sorry nick.

    jesseshalfon
  • piovincenzo_07:28:59 AM

    Yeah, we should talk about tests, but go ahead Nick.

    piovincenzo_
  • allnick07:29:04 AM

    Yeah, I was gonna I was gonna say I had tweeted yesterday. I was like what's the point?

    allnick
  • allnick07:29:16 AM

    Of trading on Tezos. If Ethereum is gonna be proof of stake, like literally so when we last year's Christies event that they host each year I guess.

    allnick
  • piovincenzo_07:29:33 AM

    It was always irrelevant.

    piovincenzo_
  • piovincenzo_07:29:41 AM

    F.

    piovincenzo_
  • piovincenzo_07:29:47 AM

    Ahead of its time.

    piovincenzo_
  • allnick07:29:47 AM

    I I was there in Tezos was speaking and they were just so aggressive on the environmental impact and why Tezos is the superior blockchain from an environmental impact? Well, that's about to be completely irrelevant and I yeah, I thought it was irrelevant. But the bottom line is, it's definitively about to be irrelevant. There's some legitimacy to to this statement, just in the sense of like it being inefficient, computationally or.

    allnick
  • landwhisker07:30:05 AM

    Object.

    landwhisker
  • allnick07:30:03 AM

    OK, so we no, we get it. You're trying to kill the environment PO, but in terms of Tezos, that was the main thing that they were going for. Then you had a a marketplace which essentially like disappeared. I'm blanking on the name of it. It was.

    allnick
  • piovincenzo_07:30:08 AM

    Hen Hickton, nunk or whatever the fuck.

    piovincenzo_
  • allnick07:30:11 AM

    Yeah, no. Before I had Hick hicket Nunk hicket nuke so.

    allnick
  • allnick07:30:16 AM

    Yeah.

    allnick
  • piovincenzo_07:30:22 AM

    But people people would say it they when they would say that word they would say it as if you're just supposed to know what they would. They would say it as if it was the word like you know banana and it's like, yeah, I know what a banana is. I don't know what hidden Munk is, you know?

    piovincenzo_
  • allnick07:30:51 AM

    So so anyways, like that disappeared, it fell apart. There was another. I mean, I guess it's technically still left, but there is there. There's some other marketplaces that happen, and there's one primary one, which is like the serious competitor on the generative art side, the equivalent of art blocks on Tezos. And there's a lot of collectors that are operating there. My only thing is, it's like I just don't know, like if etherium provides a better development experience, more of the apps are

    allnick
  • allnick07:31:07 AM

    If it's if gas becomes a moot point, if proof of if environmental impact becomes a moot point. I just don't know over the long run why that's important, but there are a lot of clouds. There are people that have invested in a significant way, so there are now at this point sort of pumping it anyhow.

    allnick
  • piovincenzo_07:31:10 AM

    No, no. Well, I want to hear from note on this.

    piovincenzo_
  • jesseshalfon07:31:13 AM

    The Yeah the one the one reason would be, well, one on the the supply side.

    jesseshalfon
  • jesseshalfon07:31:19 AM

    Ohh yeah I was just gonna say one of the supply side for whatever reason a lot of the artists really like it so you just might be getting stuff from artists that you're not seeing on Earth. The other is.

    jesseshalfon
  • jesseshalfon07:31:51 AM

    If we do it, showing it a lot, there's a lot of people that have old collections there that are then can get big like Tyler Hobbs have stuff on so you can go back if even if you're not going to get going forward, you might be able to catch some people who did stuff on Tasers that later blow up on Eve. How how I don't know about that. Like you said, if if if if there's no resale market and they just die, that's fine. My problem Withers and and we're up against time is every time I even try to sea

    jesseshalfon
  • jesseshalfon07:31:54 AM

    Test so we should probably do a deep dive some other time.

    jesseshalfon
  • piovincenzo_07:32:26 AM

    Well, if you look at Tesla's, people are gonna hate me. But I I've, you know, bought stuff on test before. It's a little bit janky compared to using like a really robust blockchain like Ethereum or even Solana. Like you know, I'll make like little tiny jokes about Solana. Sometimes people get really mad, but at the end of the day, Solana feels like a fucking, you know, like a Brinks truck compared to Tezos. In my opinion, node has a sick Tezos collection and you can get stuff like you know. Jess

    piovincenzo_
  • piovincenzo_07:32:31 AM

    On Tezos for a good price note, what's your take on this man? I'm really curious.

    piovincenzo_
  • piovincenzo_07:32:55 AM

    Leaves 93.

    piovincenzo_
  • depechenode_07:33:02 AM

    Yeah, I mean the the only thing that that Tesla has going for it is this community, that of like there's like this real, authentic vibe, right? For artists and people that truly love collecting they they're not in it for the money and for the art like that's their whole spiel. You know, I? I mentioned the other day something about art or whatever. And then I think it was leaf man or whatever from the discord you know it was like, hey, if you were, yeah at least 93 that like that guy was like hey

    depechenode_
  • depechenode_07:33:32 AM

    You you collect on Tezos cause you you'd actually be in it for the art and I was like dude, I've been collecting on Tesla's before. Thank you for asking but but I but I, they're they're like really hardcore into the art. So there is that cultural component. But I totally agree with ETH. ETH makes the Tezos chain like completely irrelevant with proof of stake. So we'll see the one. One last thing I wanted to share on the art side is there is an art block wrapping today and I I took a look at the

    depechenode_
  • depechenode_07:34:00 AM

    Not sophisticated enough to understand this art, because if you look go ahead and go to art blocks dot dot IO and look at that, that testament and all it says is be disrespectful to one another on like a blue gradient background. That's like it and that's the art blocks curated drop that's coming up today, so I'm curious if anyone out there that has actually done research if they could explain this one to me, that would be that would be very helpful. Thank you.

    depechenode_
  • depechenode_07:34:08 AM

    Exactly.

    depechenode_
  • piovincenzo_07:34:11 AM

    Well, first of all, note it's very clear that you don't get it because you're not sophisticated enough to appreciate Fine Arts. So I just wanna kick things off and let you know it's called.

    piovincenzo_
  • depechenode_07:34:13 AM

    Exactly I'm at, that's why I'm asking dog.

    depechenode_
  • piovincenzo_07:34:31 AM

    It's called fake it till you make it by Maya man, one of 700 minted. Be disrespectful to one another. Yeah, I don't know, but this is the type of thing where we all scratch our heads and then it runs to a bajillion dollars. So we'll see we're over time. But fuck it, we're gonna run a little bit long today. Running man, you got your hand raised what's popping?

    piovincenzo_
  • runn1ngm8n07:35:02 AM

    Yeah, I mean I'm just going on to the Solana art scene. He's just starting and we're just starting to see a pick up on that now. I mean, we've been back basically for the last eight months we've been tried in and flipping pixel Dicks and then utility utility collections, but I mean, we've just started in the Scion exchange. Aren't now the one of our one-on-one art scene and collections, and just starting the Mecca move up and John List pretty much started it. And you know, it's just on a gather

    runn1ngm8n
  • runn1ngm8n07:35:04 AM

    Yeah for sure.

    runn1ngm8n
  • piovincenzo_07:35:34 AM

    OK, and real quick. I'm already getting the the tweets. I'm already getting the tweets like Tesla's is being shat on by PS. I'm about to get cancelled by the Tezos community and this actually did just pop into my head. The same thing happened with rare apes like an army of rare apepe people were requesting to speak on the show like yesterday and the day before and like look I let Fran come on because I know Fran's going to give like an intelligent, you know, a thorough breakdown and walk people

    piovincenzo_
  • piovincenzo_07:35:56 AM

    To it's gonna be good content. I don't just let Randos come through when a project's hot and they have the profile picture so that they can go on and on and try to pump the thing they were tweeting at me saying I was gatekeeping. They're like you're gatekeeping. I was like, dude, I'm not preventing like a young artist from getting their shine. I'm just trying not to let you Dick heads come on stage and pump a project that you just bought into and you.

    piovincenzo_
  • piovincenzo_07:35:59 AM

    Not much.

    piovincenzo_
  • piovincenzo_07:36:01 AM

    It's like it's funny, man.

    piovincenzo_
  • allnick07:36:04 AM

    Wow alright, wow PO's getting emotional here. Just attacking. I think I think our audience just dropped by 50% on that comment.

    allnick
  • piovincenzo_07:36:07 AM

    Ohh come on Ohh come on we're just having fun. Hey ladies and gentlemen.

    piovincenzo_
  • piovincenzo_07:36:09 AM

    Ohh no.

    piovincenzo_
  • piovincenzo_07:36:12 AM

    No no.

    piovincenzo_
  • allnick07:36:10 AM

    Hey all of you suck. You know, if you're interested in pumping your bags, well, whatever.

    allnick
  • allnick07:36:14 AM

    They're just a bunch of damn losers.

    allnick
  • piovincenzo_07:36:25 AM

    Anyway, thanks for joining everybody. This is the NFT morning show that we did the show Monday through Friday 9:00 AM to 10:30 AM Eastern Time.

    piovincenzo_
  • allnick07:36:28 AM

    That's what you know. Let's wrap it on that. Note y'all suckers.

    allnick
  • piovincenzo_07:36:58 AM

    Exactly dude NCO on our discord just said that there are Tezos artists, and they're meant just failed because of me. That's a joke. Come on guys. We're just having some fun. This is not a CNN. This is a little bit of fun in the morning. I hope you guys join us next time. We're sponsored by FDX. FDX paid for this, they literally paid for us to do that little tirade. Sign up at the nifty.com/FTX or with the code. The nifty on your FTX mobile app. Shout out to all the badass guests that have been j

    piovincenzo_
  • piovincenzo_07:37:19 AM

    Volterra to Marin Altman to DC investor to Maddie. DCL Blogger. We are really on a roll and we really appreciate everybody that's helping us out with this content and supporting us. Gonna continue with the psychedelic theme today. In honor of Altura making a guest appearance, we will catch you guys next time. Check out easy show at 5:00 PM today.

    piovincenzo_
  • piovincenzo_07:37:30 AM

    In a boat on a river with tangerine trees and marmalade skies.

    piovincenzo_
  • piovincenzo_07:37:34 AM

    Somebody calls you you answer.

    piovincenzo_
  • piovincenzo_07:37:39 AM

    Slowly a girl with Glidescope.

    piovincenzo_
  • piovincenzo_07:37:52 AM

    Towering

    piovincenzo_
  • piovincenzo_07:37:53 AM

    yeah.

    piovincenzo_
  • piovincenzo_07:37:56 AM

    Never love again.

    piovincenzo_
  • piovincenzo_07:38:01 AM

    She's gone.

    piovincenzo_
  • piovincenzo_07:38:04 AM

    Listen.

    piovincenzo_
  • piovincenzo_07:38:10 AM

    Just stay in the sky.

    piovincenzo_
  • piovincenzo_07:38:15 AM

    The sky.

    piovincenzo_
  • piovincenzo_07:38:31 AM

    You are great by have fountain for rocking horse. People eat marshmallow flies.

    piovincenzo_
  • piovincenzo_07:38:38 AM

    Everyone smiles as you drift past the flower.

    piovincenzo_
  • piovincenzo_07:38:40 AM

    Girl so incredibly.

    piovincenzo_
  • piovincenzo_07:38:48 AM

    Favorite taxis.

    piovincenzo_
  • piovincenzo_07:38:50 AM

    Around the shore.

    piovincenzo_
  • piovincenzo_07:38:53 AM

    Waiting to take you.

    piovincenzo_
  • piovincenzo_07:38:57 AM

    The back with you.

    piovincenzo_
  • piovincenzo_07:39:32 AM

    On a training, a station with plasticine pulses with looking glass eyes.

    piovincenzo_
  • piovincenzo_07:39:35 AM

    Someone?

    piovincenzo_
  • piovincenzo_07:39:39 AM

    Dial the girl with.

    piovincenzo_
  • piovincenzo_07:39:41 AM

    Alright, let's go back.

    piovincenzo_
  • piovincenzo_07:39:48 AM

    The sky.

    piovincenzo_
  • piovincenzo_07:39:58 AM

    The sky.

    piovincenzo_
  • piovincenzo_07:40:13 AM

    The sky.

    piovincenzo_