NFT Morning Alpha
August 8th, 2022

Speakers & Hosts
- host   num - times spoken; click to jump to speaker
  •  
  • piovincenzo_06:00:46 AM

    Come on.

    piovincenzo_
  • piovincenzo_06:01:09 AM

    Sweating

    piovincenzo_
  • piovincenzo_06:01:11 AM

    what?

    piovincenzo_
  • piovincenzo_06:01:14 AM

    Scooby.

    piovincenzo_
  • piovincenzo_06:01:17 AM

    And like.

    piovincenzo_
  • piovincenzo_06:01:20 AM

    Chips.

    piovincenzo_
  • piovincenzo_06:01:28 AM

    Inside of me.

    piovincenzo_
  • piovincenzo_06:01:30 AM

    Yeah right now.

    piovincenzo_
  • piovincenzo_06:01:34 AM

    Let's go.

    piovincenzo_
  • piovincenzo_06:01:36 AM

    You're not handsome.

    piovincenzo_
  • piovincenzo_06:01:38 AM

    Scott

    piovincenzo_
  • piovincenzo_06:01:46 AM

    Vietnam

    piovincenzo_
  • piovincenzo_06:01:51 AM

    have thoughts?

    piovincenzo_
  • piovincenzo_06:01:54 AM

    Shot.

    piovincenzo_
  • piovincenzo_06:02:04 AM

    Yeah.

    piovincenzo_
  • piovincenzo_06:02:12 AM

    Back in this.

    piovincenzo_
  • piovincenzo_06:02:18 AM

    What, what, what?

    piovincenzo_
  • piovincenzo_06:02:31 AM

    Bad boy.

    piovincenzo_
  • piovincenzo_06:02:34 AM

    Shut up, shut the broom.

    piovincenzo_
  • piovincenzo_06:02:38 AM

    Yeah, the 2nd.

    piovincenzo_
  • piovincenzo_06:02:44 AM

    According to what?

    piovincenzo_
  • piovincenzo_06:02:49 AM

    2020 pictures

    piovincenzo_
  • piovincenzo_06:02:51 AM

    they want to work.

    piovincenzo_
  • piovincenzo_06:02:55 AM

    We took the power to the half knots.

    piovincenzo_
  • piovincenzo_06:03:01 AM

    Shot.

    piovincenzo_
  • piovincenzo_06:03:38 AM

    Ohh

    piovincenzo_
  • piovincenzo_06:03:54 AM

    shot.

    piovincenzo_
  • piovincenzo_06:03:59 AM

    Got shot.

    piovincenzo_
  • piovincenzo_06:04:10 AM

    Shot.

    piovincenzo_
  • piovincenzo_06:04:23 AM

    Stocks.

    piovincenzo_
  • piovincenzo_06:04:46 AM

    You made me.

    piovincenzo_
  • piovincenzo_06:04:49 AM

    Spanish.

    piovincenzo_
  • piovincenzo_06:06:03 AM

    It's watching socks.

    piovincenzo_
  • piovincenzo_06:06:18 AM

    Shut the fuck up and record this shit man. If I can't then beat the shit out you be hold on boom by 8 then let's go.

    piovincenzo_
  • piovincenzo_06:06:47 AM

    Up in the club.

    piovincenzo_
  • piovincenzo_06:06:51 AM

    Too many clouds.

    piovincenzo_
  • piovincenzo_06:06:55 AM

    The King's rock.

    piovincenzo_
  • piovincenzo_06:06:58 AM

    You have to call me.

    piovincenzo_
  • piovincenzo_06:07:00 AM

    I'm done.

    piovincenzo_
  • piovincenzo_06:07:03 AM

    Exactly.

    piovincenzo_
  • piovincenzo_06:07:05 AM

    Trust.

    piovincenzo_
  • piovincenzo_06:07:10 AM

    Job to get my hands.

    piovincenzo_
  • piovincenzo_06:07:13 AM

    The mother fucking like.

    piovincenzo_
  • piovincenzo_06:07:15 AM

    Through

    piovincenzo_
  • piovincenzo_06:07:17 AM

    yeah.

    piovincenzo_
  • piovincenzo_06:07:23 AM

    Joe.

    piovincenzo_
  • piovincenzo_06:07:27 AM

    Last thing.

    piovincenzo_
  • piovincenzo_06:07:29 AM

    You know, even 200.

    piovincenzo_
  • piovincenzo_06:07:32 AM

    Fucking around.

    piovincenzo_
  • piovincenzo_06:07:38 AM

    Jackie Lane back like that when I stashed the chain hardcore?

    piovincenzo_
  • piovincenzo_06:07:40 AM

    Job.

    piovincenzo_
  • piovincenzo_06:07:42 AM

    Exactly.

    piovincenzo_
  • piovincenzo_06:07:43 AM

    Yeah.

    piovincenzo_
  • piovincenzo_06:07:45 AM

    Dutch.

    piovincenzo_
  • piovincenzo_06:07:49 AM

    Just think the car.

    piovincenzo_
  • piovincenzo_06:07:52 AM

    Something over motherfucker.

    piovincenzo_
  • piovincenzo_06:08:25 AM

    Good morning ladies and gentlemen. It's Monday, we are back. You are listening to the NFT morning show. We do this show Monday through Friday, 9:00 AM to 10:30 AM Eastern Time each and every week and we talk all things and FT market. We talk about the projects that are winning. We talk about the projects that are losing. We talk about all market and trading NFL trading activity as well as all the major stories.

    piovincenzo_
  • piovincenzo_06:08:55 AM

    Of the NFT space, we definitely touch on the cryptomarkets as well. If you're interested in speaking, definitely, definitely, definitely raise your hand and request to speak. If there's an interesting concept that you'd like to talk about if there's something that you're seeing in the market that you actually think is a mistake, feel free to come on stage and chat. We love getting new speakers that understand how to contribute to the conversation. We have a strict no self promotion policy. Nobod

    piovincenzo_
  • piovincenzo_06:09:27 AM

    Entertain to provoke thoughtful conversation and to help you navigate these treacherous NFT waters. I'm PO here with my co-host, nifty Nick, the world champ of Web two and Web 3 media. King kicks the true king of degenerate behavior in the NFT and Cryptomarkets signal, the classiest journalist in the NFT space. 1000% easy to bodega, the Sultan of Salana and the most technical trader.

    piovincenzo_
  • piovincenzo_06:09:57 AM

    In the NFT space to patch node, the true sophisticated art speculator and, of course, Spencer Quad Manny, and it looks like Jesse is ripping off King kicks. His moonbird. So this should be an interesting conversation here this morning. All of our content is sponsored by FTX. You can sign up at the nifty.com/FTX or with the code. The nifty on your FTX mobile app and if you spend over $200.00 buying a cryptocurrency of your choice. Not only will you pay the cheapest fees in the game.

    piovincenzo_
  • piovincenzo_06:10:21 AM

    But you'll also receive a $20 bonus in that cryptocurrency just for spending that 200 bucks. And of course, the only official NFT that represents our Web 3 media company is pinned to the top, so you know you're going to want to check that out. We're going to dive into all the stories in the space in just a few minutes, but before we go any further nifty Nick, what's going on?

    piovincenzo_
  • allnick06:10:31 AM

    Well, I was just thinking maybe you could continue the intro for a few more minutes. Maybe we could go that way, but I am a.

    allnick
  • allnick06:10:38 AM

    Just you know, enjoying my finishing my weekend here and now enjoying my morning by.

    allnick
  • allnick06:10:42 AM

    Making degen trades on Bitcoin, so that's very exciting.

    allnick
  • allnick06:10:45 AM

    Uh.

    allnick
  • piovincenzo_06:10:47 AM

    I did see that Bitcoin is back up at the levels that you were looking at, huh?

    piovincenzo_
  • allnick06:11:00 AM

    You were you were also talking about watching out for people in this market don't trip over a crypto Dick, but you you want. You want to watch out for those. They're scattered all over the place. You may step on one.

    allnick
  • allnick06:11:09 AM

    I haven't exited that yet. I'm still holding on to my crypto Dick butt and time will tell if I'm a complete idiot for doing so.

    allnick
  • piovincenzo_06:11:40 AM

    It's hard to tell whether those things truly become grailed. You know essentially fine art assets because of their minification and it's what what I will say is that someone in our discord pointed out that some of the sort of well known and quote UN quote smart money folks were absolutely taking advantage of the exit liquidity that was provided here at three and a half etherium. You know my guy, knowed who's definitely a a smart a smart.

    piovincenzo_
  • piovincenzo_06:11:51 AM

    Cookie I saw did release his Dick butt back into the wild for three and a half 8th. So time will tell you never know these things could end up being like 810128 if they become grilled.

    piovincenzo_
  • allnick06:12:05 AM

    Yeah, my hope is that these are worth 42.069 E. That's what we're aiming for. That's my target price. Is it based on anything? No, it's completely random.

    allnick
  • allnick06:12:15 AM

    So yeah, I I'm. I have no idea. I mean I bought this hoping it would go up. It's already surpassed my expectations, so I'm just gonna keep holding.

    allnick
  • allnick06:12:36 AM

    And ride the go on this journey with everybody else. The real question that I have though, is ever since the moon when we were like, sell and go away. It did technically go down, but we're back at the level if not slightly above, when that pump was supposed to end. When was that the 28th?

    allnick
  • allnick06:12:55 AM

    That's why we're back at that level. I'm excited. All signs point to easier. We confirmed with Marin tomorrow. I don't know like we can. We can discuss with her. You know whether or not this falls within the realm of accuracy here.

    allnick
  • piovincenzo_06:12:59 AM

    I I wasn't gonna spill the beans on that, but now we've put it out there I guess easy, what's the story?

    piovincenzo_
  • easyeatsbodega06:13:18 AM

    Uh, yeah, we're madly in love, it's great so all things are going well now. I mean, she responded to a DM after I was angry. I wasn't invited to a birthday party that she tweeted about and then said Cheryl, come on the show. So I'm going to circle back today and hopefully we get married on tomorrow and we can talk about astrology and how the moon dictates our lives.

    easyeatsbodega
  • piovincenzo_06:13:22 AM

    Wow, that is gonna really be something.

    piovincenzo_
  • easyeatsbodega06:13:33 AM

    Absolutely not.

    easyeatsbodega
  • allnick06:13:34 AM

    What I mean like maybe maybe tomorrow when you're speaking with her. You're not just gushing with enthusiasm, and instead we actually give a cynical and critical assessment. This sort of astrology because we we need to get to the bottom of this.

    allnick
  • easyeatsbodega06:13:42 AM

    No, I'm gonna support her in any way that I can and I'm just gonna completely side with her. It's gonna be a lot of yeses smiles and head nods.

    easyeatsbodega
  • allnick06:14:03 AM

    What?

    allnick
  • piovincenzo_06:14:03 AM

    Well, that'll make for some really good content. That's that's really what you want. So Nick, we're gonna have to discuss you potentially getting in big on this Bitcoin trade. It sounds like you're already back in with a one Bitcoin purchase. You're looking for reconfirmation of a certain level, and then you'll actually add in a bit more. It sounds like.

    piovincenzo_
  • allnick06:14:14 AM

    I should add, this was literally the price that I had said on Friday when we were discussing it. I was like, yeah, we could get another thousand here, which is what we've got.

    allnick
  • allnick06:14:15 AM

    But now.

    allnick
  • allnick06:14:35 AM

    Now I'm just waiting so I I at this point none of this is based on any like fundamental stuff. I just think you test this level a few times. We did it on the we temporary blasted above it on the 30th of July. We tested it on the 20th of July.

    allnick
  • allnick06:14:45 AM

    And here we are almost like clockwork. Basically, 10 days later, almost and.

    allnick
  • allnick06:15:16 AM

    We're testing that level again. You can only do that so many times before you end up going past it, so I don't know it. Either we get rejected one more time and this is the like I remember when I was saying the triple bottom. Maybe this is triple top during this relief rally, or which is not what I'm thinking. I'm hoping that we get that final leg up here to above 28 K, so that's that's why. And who knows, maybe I have losing last time. I literally like.

    allnick
  • allnick06:15:29 AM

    Perfectly timed the top where I said feels like 28 K huge Wick down like it, just it just immediately went straight down after my tweet like they were watching the tweet.

    allnick
  • piovincenzo_06:15:34 AM

    But there it's I mean it's being pretty persistent here, you know, coming back, huh?

    piovincenzo_
  • allnick06:15:40 AM

    Yeah, how many times can you do that? I mean, at some point the resistance is going to break.

    allnick
  • allnick06:15:58 AM

    And I'm hoping that this is that time, so I added Bitcoin. I'd like to add another and at least one if not more. The real lesson learned here though, was just I should have just been accumulating all along. That would have been the right move rather than trying to time this because you could have bought.

    allnick
  • allnick06:16:09 AM

    Multiple times at 21,000 I. I got a bunch of under when we went below. What was it around 19 K?

    allnick
  • allnick06:16:19 AM

    I picked up some and that was that was great and but that's all just held and that's sitting in a Ledger my trading money.

    allnick
  • allnick06:16:29 AM

    Where I is is what I'm discussing here, and that I'm stupidly in and out of. I'm in right now and I'm going to be in even more.

    allnick
  • piovincenzo_06:16:30 AM

    Yeah.

    piovincenzo_
  • allnick06:16:40 AM

    So get excited you know wow, just absolutely popping off right now. Numbers are going up, numbers are going down and I'm just doing unreasonable stuff.

    allnick
  • piovincenzo_06:16:54 AM

    It's a, it's always about accumulation that that's the bottom line. Uh, when you look at the price of Bitcoin now compared to the all time high and the future, all time highs that are basically literally programmed in it makes a lot of sense and.

    piovincenzo_
  • piovincenzo_06:16:57 AM

    The program baby.

    piovincenzo_
  • allnick06:17:08 AM

    It's program pier never waved the white flag though, and has not acknowledged that. So we're really looking forward to you. Still waving the white flag about being wrong about the programmed numbers in here.

    allnick
  • allnick06:17:19 AM

    OK.

    allnick
  • piovincenzo_06:17:38 AM

    I was wrong about the 2021 all time high Bitcoin, but that doesn't mean that anybody can do anything about the inevitable. All time highs that we will see in the future. But anyway, I want to move on to somebody that's got a dope backwards hat moonbird, you know, the Monday after some big news from Kevin, Roose, Kevin Rose, surrounding moon birds and some defending by Kevin Rose on regular people's tweets over the weekend concerning moon birds as well as some articles surfacing.

    piovincenzo_
  • piovincenzo_06:17:48 AM

    That kind of question. His ability to stick with projects long term. We have a lot to talk about today, clearly, but signal how's it going across the pond?

    piovincenzo_
  • _thesignal06:18:18 AM

    Yeah, going good going good. I got in very late yesterday. My flight was so delayed it was. It was horrible I got I got to bed at 4:00 AM last night because my flight was delayed for 2 1/2 hours and I had chosen to take like an evening flight so I could make the best of the day in Greece and it was actually quite funny being there because I had a complete flashback to last year whereby I was running around at the beach with my laptop so last year.

    _thesignal
  • _thesignal06:18:36 AM

    I took my laptop through the beach because that's how bull market the beach where the market was last year and then obviously this year the market is completely different and I did not take my laptop with me. But yeah, it's good to be back. It really is. It was it was it was good, sunny, good food. Nice people I enjoyed.

    _thesignal
  • _thesignal06:18:45 AM

    Thanks.

    _thesignal
  • piovincenzo_06:18:49 AM

    Epic and I mean look to say that I'm jealous that you're in Greece is an understatement. Can you give us a little bit? Can you, you know? Kind of peel back the curtain on the food situation there are, we talking octopus to ziki you know whole fish like what? What are you eating out there?

    piovincenzo_
  • _thesignal06:19:20 AM

    Do Greek food is probably some of the best food in the world, and it's not because like they have these special delicacies. It's just because like you eat a tomato and you're like. What is this? What is this? Mystical food isn't taste. It just doesn't taste the same. When you eat a tomato in the UK versus when you eat a tomato in Greece or in Italy or in Spain, it's like they get the basics right. It's incredible for that. So like that is the number one reason to go to the Mediterranean just for

    _thesignal
  • _thesignal06:19:27 AM

    Taste epic, so yeah, I was pigging out on tomatoes to ziki chicken chicken that tastes like chicken.

    _thesignal
  • _thesignal06:19:40 AM

    I know it sounds so weird, but it does. And yeah, it was just. It was just really good I needed. I needed to take a 24 hours away from from from the screens and go go Touch Beach.

    _thesignal
  • piovincenzo_06:20:08 AM

    Well, I'm I'm definitely picking up what you're putting down. And yeah, I think, uh, you know, France, Italy, sometimes Spain, you know countries like Japan, Mexico. They get a lot of clout when it comes to food, but you don't hear grease brought up too much, so it's good to hear that. Obviously no surprise the food there is incredible. Would love to know about the weather and what's going on. I'm sure it's a sunny skies over in Mykonos or whatever Greek island you're hanging out at, but what ab

    piovincenzo_
  • _thesignal06:20:39 AM

    Yeah, let's go check on the weather in the FT space today is Monday the 8th of August. Open sea volume was hitting those mid to high teens so we had 15 million in volume one Saturday, 18 million yesterday. Onto the leaders you've got 8 to 84 mutants at 16 and punks at 74. So apes are recovering back to the mid 80s moon birth at 17 doodles at 9.4 and clonex at 8.7. So Moonbus have bounced nicely off the CCO news over the weekend. Crypto Dick butts is leading the open sea ranks. What they absolute

    _thesignal
  • _thesignal06:21:10 AM

    They flipped cool cats along the way and now the floor and Dick butts is for ETH Webber versus the number 2 project in the Open Sea ranks a lawless minted. Minting started over there on the weekend for the Genesis Pass drop. This project has had a lot of attention because Weber verse is a fully open source metaverse allowing creators to own generated land, then get air items air drop to them so they can build on this land and build experiences out of the gate. It was trading around. .3 went up t

    _thesignal
  • _thesignal06:21:41 AM

    No club the dogs are on the move as we approach Mecca dogs, sorry, Mecca, dogs dogs reach a low around six ether few weeks ago. But as we approach this next milestone, they're trading at 9 Ethan. It could have more room to go up. Loyal 10 KT upholders were delighted over the weekend after it literally rained eight coin for them. Depending on how you're involved, you are in the game, either doing missions or staking tools. Participants were rewarded to varying degrees. I saw some people on Twitte

    _thesignal
  • _thesignal06:22:11 AM

    If that was literally airdropped to them for their continuous participation and loyalty, 10K TF is now moving on to their combat cell or level 2 onto crypto BTC doing very well at 24K E is in the 1700 range, and ape is over $7.00. We'll see what happens there as we move into the week. Overall, it's a positive mix up in the open sea ranks, with different projects taking the lead, and it's good to these to see these loyal part. These loyal projects, which have grown community overtime, doing well

    _thesignal
  • _thesignal06:22:20 AM

    We'll see how this affects the NFT cells as we go into the rest of the week, and broadly speaking, for now, the 24 hour forecast is a mixed outlook back to you guys.

    _thesignal
  • piovincenzo_06:22:51 AM

    Fantastic weather report as usual signal a couple of additions from the Nifty Daily Digest which is the newsletter that's written by signal five days a week. If you go to thenifty.com, you can pop your e-mail in address in there and subscribe the trending stories here are that mid tier cryptocurrency exchange Kucoin has actually launched an exchange traded fund or an ETF as you call them tied to major NFT assets like Board API club. So seeing more.

    piovincenzo_
  • piovincenzo_06:23:22 AM

    Efforts to give people the option to have exposure to NFT's, you know, fractional exposure to NFTS through some other instruments. Also, the cofounder of the company cameo. That's the company that allows you to contact celebrities and give them what seems to be a very nominal amount of money to do things for you on camera. And the CEO Steven Galanis said that his apple I cloud account was compromised and somehow I don't really understand how he must have stored passwords.

    piovincenzo_
  • sgsand106:23:34 AM

    To.

    sgsand1
  • piovincenzo_06:23:36 AM

    And there is something like that. Maybe a seed phrase. It led to a loss of over $200,000 worth of crypto assets, including a board ape and 70K worth of cryptocurrency. He must have either had a seed phrase in there. Go ahead Spencer.

    piovincenzo_
  • sgsand106:24:06 AM

    Yeah, I was gonna say what what happened actually is and most people are vulnerable to. This is your iPhone actually backs up a copy of itself in your iCloud, including your access permissions. So by default meta mask backs itself up to your iCloud. You can go into your settings on your iPhone and turn that feature off and I'd highly recommend that you do that for any crypto app, but it's not like he stored in plain text to seed phrase on iCloud and.

    sgsand1
  • sgsand106:24:11 AM

    Most people are likely vulnerable to this that keep their wallet on their phone.

    sgsand1
  • allnick06:24:32 AM

    How?

    allnick
  • piovincenzo_06:24:33 AM

    Wow, well a good thing that I just have a burner wallet that has .8 etherium on my phone, just in case there's some hot stuff that comes out even though I did have that ready to rock when Goblin Town came out. Easy said it was going to go to 1/8. It was at .2 we were at Vcon. I didn't buy it that was stupid because it ran to 90. Last story from the Nifty Daily Digest. Oh go ahead.

    piovincenzo_
  • allnick06:24:41 AM

    How do you do that? How do you turn off this backup thing? Because it doesn't show up on the phone and I don't understand how. Like what like.

    allnick
  • allnick06:24:49 AM

    Because I I know that usually when you turn on iCloud, like you're saying that you need to turn off the setting backup apps as because I don't know that if you can.

    allnick
  • sgsand106:24:56 AM

    No, no you can. You can turn off individual apps. There was a thread on it that I will go try and find now.

    sgsand1
  • allnick06:24:57 AM

    Yeah, maybe we can pin it to the top.

    allnick
  • piovincenzo_06:25:27 AM

    There you go and last story from the Nifty Daily Digest is that Major League Soccer. The MLS, the Professional Soccer League in the United States. Also known as football. Depending on where you are in the world, just announced a notable news signing, a character named Striker who is a board ape NFT. The team hopes to tap into the growing interest in the sports world. Given the kind of connection between sports and NFT that we've seen recently. Trending sellers, some NFT's. I haven't heard of. Lu

    piovincenzo_
  • allnick06:25:55 AM

    It's.

    allnick
  • piovincenzo_06:25:58 AM

    133 units sold over the past 12 hours. Lucid NFT trailing just behind with 1393 crude born eggs. 881 babies 822. I think I saw that one on my Twitter feed and only pass at 752 the sales giants as signal has has already pointed out, web reverse Genesis Pass with $2.2 million in 24 hour sales over to you Nick.

    piovincenzo_
  • allnick06:26:09 AM

    Well, some of that data? Uh, give me a heads up if you're reading that off. We gotta improve that tracking system. So some stuff that needs is missing some data in there, but.

    allnick
  • allnick06:26:15 AM

    You can track all of that the PO's reading if you go to thenifty.com and sign up for the newsletter.

    allnick
  • piovincenzo_06:26:47 AM

    Exactly, that's what I'm talking about, so let's just get right into it in terms of the weekend, I'd say crypto Dick Butts is definitely the story of the weekend. I see my guy crypto coleo, one of the top Twitter and social media crypto analysts been on the show before. Shout out to kaleo. Also very talented content creator has changed his profile picture to a Dick butt, so it's it's taken crypto and NFT Twitter by storm and Nifty Nick still holding his. We bought them when we were at Christies.

    piovincenzo_
  • piovincenzo_06:26:59 AM

    Sir Jito recommended that we buy them. Fantastic recommendation. It's up two X from where he recommended we buy at. I foolishly sold. Shortly thereafter, kicks I saw you just raise your hand briefly. What's going on?

    piovincenzo_
  • speculatorart06:27:02 AM

    Not much man. I was just saying.

    speculatorart
  • jesseshalfon06:27:03 AM

    Not much. Not much man, I'm sorry.

    jesseshalfon
  • piovincenzo_06:27:09 AM

    Kicks I I think I already got.

    piovincenzo_
  • jesseshalfon06:27:10 AM

    This is, yeah, I mean you know it's just the Co to the moon baby.

    jesseshalfon
  • piovincenzo_06:27:13 AM

    I get the bit.

    piovincenzo_
  • jesseshalfon06:27:42 AM

    No, I'm I'm. I'm told that CEO I'm gonna make I'm gonna make I'm gonna make kicks a millionaire because I can turn this into a meme. And somehow CCO magically makes everything go up so well, you guys don't realize is that CC you know kicks is always ahead of the game. So not only is he a CEO, he stepped it up. He went CC - 1 and so not only do I get to take his PFP but he has to pay me for it so Co is is somehow going to turn the journey into even more magic Internet money. You're welcome kicks.

    jesseshalfon
  • jesseshalfon06:27:45 AM

    Course over to you. Captain kicks 1.

    jesseshalfon
  • piovincenzo_06:27:48 AM

    Kicks

    piovincenzo_
  • speculatorart06:27:58 AM

    Thank you, thank you, thank you Captain Cake Zero. Appreciate that. May the board continue to spread through the metaverse. I was just going to say that I think it's a I think it's awesome to see it.

    speculatorart
  • speculatorart06:28:01 AM

    Jumping up in uh?

    speculatorart
  • speculatorart06:28:24 AM

    And getting a lot of price action going its way. I mean it's it's honestly a pretty funny meme. So Umm yeah, and I I don't know if you remember but NFT NYC they were leaking some of the leaking like some of the meet up gathering and it was just there. Was like everyone like surrounding like an inflated crypto Dick butt so.

    speculatorart
  • speculatorart06:28:35 AM

    They're definitely putting some you know, some strong effort into it. It seems like it's a tight knit community, right? Like 1.8 K unique owners, I think, but it's a really strong.

    speculatorart
  • speculatorart06:28:44 AM

    Tight knit community. So like I almost kind of look at it like some people say. It's like a meme project. I feel like it's.

    speculatorart
  • speculatorart06:28:57 AM

    Maybe half a mean project, but like half a kind of like a a group, not necessarily like an alpha trading group, right? But like a a networking group in in some way shape or form.

    speculatorart
  • speculatorart06:29:00 AM

    So yeah, it's awesome to see it pumping.

    speculatorart
  • piovincenzo_06:29:07 AM

    Yeah, and I mean node has his hand raised node sold his looks like the floor is continuing to move up the floors.

    piovincenzo_
  • speculatorart06:29:08 AM

    Wow wow wow you guys. Two more buddy.

    speculatorart
  • piovincenzo_06:29:17 AM

    Yeah OK, got it 3.88 eighth floor. A lot of sales above floor as you see with this project. Note you had your hand raised. What's going on?

    piovincenzo_
  • depechenode_06:29:48 AM

    Yeah, it was just going to clarify. I do have two more so you know if it keeps pumping, I'll sell one and then I'll keep one long term. That's the that's the game plan. But yeah, there is. There's something just. There's something about those CBS with for whatever reason, the like the punk community loves them and so many like really influential people in this space. Absolutely love them so that that's like the extent of my thesis. I'll just hold one and and in terms of being ridiculous and pret

    depechenode_
  • depechenode_06:29:54 AM

    It's kind of hard to beat those, so I'm going to hold one long term. I'm going to flip the other one when we get a when we get to 6.9, that's what I'll do.

    depechenode_
  • piovincenzo_06:30:11 AM

    I love the price targets. 6.94 point 2 maybe I don't know Nick Nick. I mean you know what's on your mind when you're you're thinking about the Dick butts. You're probably really satisfied with your purchase or you just holding this thing forever or you you actually gonna look for an exit. What are you thinking?

    piovincenzo_
  • allnick06:30:17 AM

    Well, I wish I had multiple because then I would have been able to sell one. I'm just holding. I don't know.

    allnick
  • speculatorart06:30:20 AM

    Calling it smart.

    speculatorart
  • allnick06:30:21 AM

    I bought I bought it, what's that?

    allnick
  • allnick06:30:31 AM

    Yeah, I'm.

    allnick
  • speculatorart06:30:33 AM

    I think holding it smart, I think that they're going to have some sort of some sort of like like news event or catalyst in the next month, or I don't think they'd be ramping up marketing for no reason.

    speculatorart
  • allnick06:30:47 AM

    I'm and I'm pretty sure that they're releasing a new game, so I'm very excited about that. They're gonna they're gonna build a game. It's gonna be, uh, and they're gonna throw a bunch of Dick butts in the other deeds space. So yeah, I'm pretty bullish on that going down.

    allnick
  • allnick06:31:04 AM

    Frankly, we should just make up a bunch of things that they plan on doing. I don't know if the actual founders of the project plan on doing something or if this is mostly community driven. It does appear, I think, that it's some.

    allnick
  • allnick06:31:07 AM

    Mostly community driven, but like.

    allnick
  • allnick06:31:09 AM

    Meltem

    allnick
  • allnick06:31:42 AM

    what what if I forget how to say her last name Demois Demois. I have no idea Meltham she she hosted a space on this and was and has been the largest sort of pumper of this and she was involved with the ether Rox pump which infuriated a lot of people, primarily just because of the absurd price that people are paying for euthyrox and the price of that his capitulated in a very significant way. People are paying like 30-40 fifty each.

    allnick
  • allnick06:31:52 AM

    Are those ether rocks now? I think they're like a couple of ETH, maybe so, and Meltem was a collector of those, so I don't know it'll be interesting.

    allnick
  • speculatorart06:31:54 AM

    So you want to buy the beginning of a Milton pump, not the end.

    speculatorart
  • allnick06:31:57 AM

    Exactly, that's sort of my.

    allnick
  • allnick06:32:02 AM

    My take on it at this moment, but.

    allnick
  • piovincenzo_06:32:08 AM

    1.7.

    piovincenzo_
  • allnick06:32:11 AM

    You know I got in at one. What did we get in at 1.5? Something like that and 1.7 OK so up a couple of you.

    allnick
  • allnick06:32:15 AM

    I'm interested to see where this goes. Let let it run, you know.

    allnick
  • speculatorart06:32:18 AM

    I think it could get up to dog prices, you know.

    speculatorart
  • speculatorart06:32:27 AM

    Yeah.

    speculatorart
  • allnick06:32:27 AM

    There we go and then and then I will take the crown for having been such a visionary alongside everybody else but.

    allnick
  • allnick06:32:37 AM

    Yeah, I mean I these sorts of things are absolutely absurd, but I actually like them a lot. And frankly, the art is actually pretty good.

    allnick
  • allnick06:32:39 AM

    O.

    allnick
  • speculatorart06:32:39 AM

    It's a solid need.

    speculatorart
  • allnick06:32:45 AM

    Yeah, it's pretty good, so we'll see what happens. I definitely get the.

    allnick
  • allnick06:33:15 AM

    It's one of those things that's simultaneously infuriating. If you're like participating in the space or you're like observing and you don't buy it and and like are you going to FOMO in here at 4/8? That just seems like absurd. I'd let it come back some, but it just feels like who's buying it like where does that next pump come from? And I think the real thing is, is is kicks was saying the fact that it's just like centralized ownership.

    allnick
  • allnick06:33:32 AM

    Is actually a good thing and we were discussing this the other day. I I. I said that I was like I actually think that in a bear market that low ownership, low numbers of owners is actually a bullish thing, whereas.

    allnick
  • speculatorart06:33:48 AM

    Yeah, like it's like the quality of the owner that matters, right? Like you'd rather 1800 holders, but they're like all NFT native like. I mean, think of the whole script. Dicks is like DJ's like Sergienko, right? Like those kinds of people like you'd rather have half as many unique owners, but they're the owners.

    speculatorart
  • allnick06:34:21 AM

    And and the currency is a A comparable 1 where the floor hasn't like capitulated, despite the fact that there was burning that was taking place. And I think that, Umm yeah, it'll be interesting like that's one where eventually it finds a bottom and there's just a bunch of holders who don't care and are just holding on to it. And I think the same thing goes with a lot of other art projects is weird. Categorizing this in the art. I don't know if it's weird category categorizing this in the art.

    allnick
  • allnick06:34:20 AM

    Category.

    allnick
  • piovincenzo_06:34:22 AM

    It's the only thing you can categorize it in.

    piovincenzo_
  • jesseshalfon06:34:25 AM

    Yeah.

    jesseshalfon
  • speculatorart06:34:33 AM

    No, I would put it as almost a precursor to like the whatever category you put Goblin Town in. It's like a it's like a meme community art hybrid.

    speculatorart
  • allnick06:34:36 AM

    But what? What sound does a crypto dickbutt make, though? That's the real question.

    allnick
  • piovincenzo_06:34:37 AM

    Yeah, go.

    piovincenzo_
  • allnick06:34:54 AM

    Are we?

    allnick
  • allnick06:34:59 AM

    The.

    allnick
  • allnick06:35:05 AM

    O.

    allnick
  • jesseshalfon06:35:07 AM

    Yeah, I was going to say that when you said Nick that the art is actually pretty good, you know Brian Brinkman and Sarah script and Jessica are Trotsky and all the artists you know immediately burst into tears because I think you know they're struggling here to get real art, but you know, I'm I don't have enough for a Dick. But so now I have to worry about the derivative, so I don't know if I should get a Dick but first or or crypto hit badges. Ohh in other news, by the way we haven't onboarded

    jesseshalfon
  • allnick06:35:12 AM

    I agree on the on boarding. I disagree on the art side. There's been a lot of activity on the art front.

    allnick
  • piovincenzo_06:35:20 AM

    Is that on Solana too?

    piovincenzo_
  • allnick06:35:18 AM

    There was an auction last night with Kath Simard and her oxygen did pretty well there was.

    allnick
  • allnick06:35:24 AM

    I don't know. It's on nifty gateway and then there was.

    allnick
  • allnick06:35:49 AM

    There was separately clear silver last week and you had a big boom there and then. I also have just been seeing activity on sort of super rare and other activity there, and maybe that's just because I'm biased and following more and more artists. The volume is not insane, but technically on Super rare July was up from June.

    allnick
  • allnick06:36:21 AM

    And and actually a sizable way. June was awful for Super Rare, with 2.7 million in volume and July is 5.5 million. When you look at these numbers, though, it's like kind of absurd because crypto Dick buds basically did that volume yesterday. So I mean, I'm I'm being approximate here, like not literally, but like directionally pretty damn close. And so you wonder, like what?

    allnick
  • allnick06:36:34 AM

    Like they had 1000 so one point basically $1.7 million. They didn't volume yesterday and that's almost the total volume of super rare in June so.

    allnick
  • allnick06:36:50 AM

    That's something that's like sort of a sad state of affairs, but I actually am still more bullish on the art long term and still continue to be. So yeah, I wouldn't be that bearish about it. There's some hands raised in that. What are we going to say?

    allnick
  • piovincenzo_06:37:19 AM

    Yeah, no. Well yeah I was going to say so. We have kaleo on stage so kaleo is sporting a crypto Dick but I I gave clay a little intro when I shouted him out earlier. You know big time crypto and technical analyst for markets kalayo. I saw that you were tweeting this morning about, you know like analyzing an NFT chart and that you are predicting that that will become more and more common. I couldn't agree with you more. You do need a a very liquid asset like crypto dickbutt.

    piovincenzo_
  • piovincenzo_06:37:31 AM

    Are right now right? You wouldn't be able to necessarily do it with a project like Fidenza. In theory, at least. Could you give us some insight into that? Like charting an NFT and? And thanks for coming on stage, by the way.

    piovincenzo_
  • cryptokaleo06:37:59 AM

    Yeah, no problem, and obviously you know it is more helpful the more liquid the collection is right? But like overall, I think we're at a really early stage of the NFT market right now, right? Like if you realistically think about it, you know. Obviously NFT's have been around longer than a year, but like the first real real craze happened about a year ago. So we're looking at a lot of projects right now that have established some type of you know you look at the chart and you're like, OK?

    cryptokaleo
  • cryptokaleo06:38:27 AM

    So if you take away the name that it's an NFT like, what difference does this chart look like compared to, you know, charting a shit coin or charting any other type of asset? Because at the end of the day NFT's are an asset class and you know, like price action is still you know the technical analysis behind the charting side of it. It's still just, you know, the game theory of charting a motion and being able to track that. So I think there's a lot of.

    cryptokaleo
  • cryptokaleo06:39:00 AM

    Credibility and potential to wear as this market evolves over the coming years that it'll become incredibly, you know, like common, I think as time goes on as more liquidity gets dumped into it. So right now looking at projects that have established a baseline over that year maintained a decent level. Liquidity throughout. Like you know, I think that it is a decent exercise to be able to, you know, start looking and like that was a big part of my thesis behind buying Dick Butts. You know, within

    cryptokaleo
  • cryptokaleo06:39:07 AM

    The chart just looked incredible on top of the meme ability. The community side. Everything else. You know, the chart was a big part of it for me.

    cryptokaleo
  • allnick06:39:19 AM

    Oh

    allnick
  • piovincenzo_06:39:19 AM

    Well, that's I mean, that's great insight for us to have. We have a few hands raised, but while we have caleo here, I'd like to discuss technicals. Claire, do you have a couple of minutes to stick around so I can get to everyone else and come back to you?

    piovincenzo_
  • cryptokaleo06:39:20 AM

    Yeah, of course man.

    cryptokaleo
  • piovincenzo_06:39:22 AM

    OK, awesome man.

    piovincenzo_
  • jesseshalfon06:39:51 AM

    I just just really quickly follow up. I don't know if it's relevant for clients to look into it in the meantime, some people were speculating that this new might also be in play with this Dick, but swing, even if not, I think better. Elizabeth might come on at some point. Laguna Carta to talk about sudo swap. It's basically a way of LP your NFT'S with ETH I believe. And you know, there's a lot of debate about you know how effective that is. It seemed like a lonely work for floors, but just a top

    jesseshalfon
  • jesseshalfon06:39:53 AM

    So.

    jesseshalfon
  • piovincenzo_06:39:59 AM

    Yeah, maybe we can definitely look into that. Maybe Elizabeth will join us. Kicks has hand raised what's going on kicks?

    piovincenzo_
  • speculatorart06:40:21 AM

    Yeah, awesome to have a kaleo on stage, Jesse. I've I've heard a lot about that pseudo swap as well. It seems super interesting in a way to get like a lot more liquidity in the NFT space. I was going to ask a different question or or like statement that I can save for later, but since we have kaleo on stage.

    speculatorart
  • speculatorart06:40:45 AM

    I do think his point is very, very interesting about that. A lot of these, especially established NFD projects have very interesting charts and it's funny because probably the vast majority of traders haven't been trading off the chart right? They've just been trading the emotion and sentiment, but it's it's pretty wild to see how some of like the technical indicators from traditional stocks like it. It works on.

    speculatorart
  • speculatorart06:41:03 AM

    The NFT charts, right because it's almost like regular charts in real life, also are influenced by human emotion. And all of these psychological factors. When when we kick back to Cali, I'd be curious if he thinks that there is if whether there is already algos trading NFT's.

    speculatorart
  • cryptokaleo06:41:34 AM

    I don't think so. As far as the charts are concerned, I'm sure they're all goes, you know, 100%. They're out is trading up teeth, but definitely not based on the charts. I. I would be shocked if there are any Alba algos that are tiered toward the charts because I just don't think that's necessarily a mindset that a lot of people have adopted yet, right? And you know, if you look at it, it's a lot more difficult to be able to go back. And really, you know, like you've got a few instances of chart

    cryptokaleo
  • cryptokaleo06:42:05 AM

    Umm, you know, I think like bored apas, you know you can go there for board apes. Cool cats like pudgies etcetera. You can go down the list of a few, but it's difficult to really be able to track. And like you know, majority of them don't have integration into the actual, you know charting type software yet. You know it just hasn't been something that people have thought of. You know, like a lot of people give shit for traitor. For CT, you know, notoriously being terrible at trading NFT's and.

    cryptokaleo
  • cryptokaleo06:42:27 AM

    You know, like you know, I saw Moon tweet something out about that earlier and I I really think a large part of it is, you know, they're not bringing their skill set along with it. It's just something that hasn't adopted in this space as a technical type space yet. So my whole theory is right now looking for projects where like the FAA meets the TA, you know where the two Mary and you know, basically punning.

    cryptokaleo
  • cryptokaleo06:42:31 AM

    Putting my speculative bets in that direction.

    cryptokaleo
  • piovincenzo_06:42:34 AM

    Yeah, I mean it's an immature space. Nick, go ahead.

    piovincenzo_
  • allnick06:42:46 AM

    I was gonna say I saw your tweet this morning as well and you'd replied a week ago when I was like 28 K feels inevitable I'm I'm wondering. So are you now loaded up?

    allnick
  • cryptokaleo06:43:18 AM

    No no man. I mean I. I'm I'm definitely loaded up at the moment. I'm not so not the most degen stuff I'm doing right now. Is playing around with you know I'm not doing anything 2D Jen with the NFT side right? Like I'm just throwing like couple Ethan days, something like that toward it. And then as the space ramps up you know what happens happens so you know still kind of dipping my toes in the water, but it's been fun so far, right? Like it's been fun. I only have like 6 Dick Butts, but it's, yo

    cryptokaleo
  • cryptokaleo06:43:21 AM

    Fun to see them gain some type of traction.

    cryptokaleo
  • allnick06:43:26 AM

    But but I'm wondering like actually literally on the crypto side, like for Bitcoin, like, are you loaded up on that front?

    allnick
  • allnick06:43:33 AM

    Got it.

    allnick
  • allnick06:43:39 AM

    There.

    allnick
  • cryptokaleo06:43:40 AM

    Yeah yeah, I mean, like I said, I I'm I'm still not touching leverage right now if that's what you're asking. I'm I'm not like aping in on leverage, but yes, I I am loaded up right now on my spot bags. I yeah.

    cryptokaleo
  • allnick06:43:48 AM

    And your and your target like. So if it goes up to like 28, you're you're leaving or you're just waiting to see how far it goes.

    allnick
  • cryptokaleo06:44:07 AM

    I don't know, man. We'll see I, I really think. And you know this may be unpopular. Still, I think the upside of this potential move is somewhere in that 28 to 32 K range for BTC and then for ETH maybe 3136 hundred.

    cryptokaleo
  • cryptokaleo06:44:39 AM

    Somewhere in there sounds about right, and you know, I again, I don't think this is the beginning of a new sustainable bull run. I think it's kind of a mean reversion in the middle of, you know, after months and months and months of heavy selling. So meaner version up until the merge and you know, we'll kind of play it out and just see how things work up there. I bet we'll get. I don't think it'll be just a, you know, a peak quick Wick top. I bet we'll get some type of distribution where we'll h

    cryptokaleo
  • cryptokaleo06:44:51 AM

    Like BTC, it's going to keep breaking up high or this and that like probably breakdown after that distribution top, so we'll see you know. For now I'm just enjoying the ride enjoying the green days.

    cryptokaleo
  • allnick06:44:53 AM

    Love it.

    allnick
  • piovincenzo_06:45:23 AM

    Yeah, and I have a question. Kaleo last time you were on the show I think it was at the bottom of several markets. Definitely the bottom for tech stocks. It was right around there and I asked you at that time. You know what do you think about like say Tesla? I've seen you do about Tesla a lot. I know that you've been in that a Tesla a lot. Maybe you have long term investments in Tesla too and I think at that time you had said you know you felt like tech stocks weren't going to have like a a big

    piovincenzo_
  • piovincenzo_06:45:41 AM

    Break 900 so that was probably a a 50% gain off of the bottom, which is definitely pretty substantial. You know any thoughts, like any sort of updated thoughts based on where we're at now when it comes to tech stocks and you know specifically the kind of higher risks ones like Tesla?

    piovincenzo_
  • cryptokaleo06:45:58 AM

    Yeah, actually no. So I I, I tweeted out about Tesla before earnings too. You know there are a lot of these companies that look like it that you know. Again, it's one of those things. I think if I said it that way, it's not necessarily that they can't have squeezes right? Like it's.

    cryptokaleo
  • cryptokaleo06:46:00 AM

    Yeah, I.

    cryptokaleo
  • cryptokaleo06:46:26 AM

    I personally see a hard time seeing the speculative side of the bet for the tech side of it being something sustainable, right? Like that doesn't mean that they can't have large bounces like what we're seeing right now, but you know, as far as being able to hide this type of momentum, you know, surging the new all time highs and you know the tech market taking over again, leading to a full new bubble in that sector. I I just have a hard time seeing that at the moment, I mean.

    cryptokaleo
  • cryptokaleo06:46:29 AM

    There are a lot of.

    cryptokaleo
  • cryptokaleo06:46:46 AM

    A lot of other like it, it just still to me. Feels like a riskier, longer term bet after the type of crash popped that we just saw in that market. So we'll see, man, I'm I don't know I, I really think that yeah.

    cryptokaleo
  • cryptokaleo06:46:57 AM

    It's just it doesn't make as much sense to me right now to continue on as the the type of play that it was in 2020 and 2021.

    cryptokaleo
  • piovincenzo_06:47:20 AM

    I hear you on that. I mean it's it's like as volatile as Bitcoin. It's pretty gnarly. How volatile that stock is, like Tesla specifically, right? And I think a lot of people have said that it's overpriced for a while. So no, I appreciate that perspective will rotate to some other speakers of kaleo's still around. We'll definitely get more into the macro, you know, in the technicals for the crypto markets, Spencer, you've been patiently waiting with your hand raised. What's going on?

    piovincenzo_
  • sgsand106:47:42 AM

    Thanks PO, so two things one I did pin that thread from Meta mask on how to change the the the passwords the the settings in your in your iCloud backup to prevent. I cloud from being a exposure point like what happened to Steve Glandis. So definitely check that out but it's two other things. One is.

    sgsand1
  • sgsand106:48:00 AM

    In the weather report signal mentioned that Dick Butts split cool cats and that's true on a floor price basis, but not true on a market cap basis. And I think one thing that's really important when looking at Dick Butts is to remember that they are a 5000 supply collection and not a 10,000 supply collection, so.

    sgsand1
  • sgsand106:48:33 AM

    Just something to some food for thought there, but the thing that I really wanted to rant for a moment about was the 10 KTF crate sale that happened yesterday or and it's still kind of going on because the numbers they're doing are absolutely to me, they're like mind blowing, so the mint was at 138 coin, which is about .558 give or take, right around there. They've sold about 7 point 8000. There's two more stages to this mint, so there's an allow list for people who have been referred by people

    sgsand1
  • sgsand106:49:03 AM

    Who were participating in 10 KT? And there's also no wild list for people who had a bunch of eight coin at the end of the day. Though it looks like they're going to about $15 million worth of eight coin. That's about 2,000,000 eight coin or like half a percent of all the supply of ecoin did a big tweet thread yesterday on how much that is. But what's crazy to me is like this. Like I would not have expected in this market environment for anyone to be able to mint out at point something that's goi

    sgsand1
  • sgsand106:49:28 AM

    1000 items at like .55 E is like really, really impressive. It's also interesting to me to see the strategy they employed so they airdropped about $5 million worth of Bitcoin worth of eight coin to their holders, and so that eight coin has been spent back already and it and even more to the project, and so it'll be interesting to see they're really there was.

    sgsand1
  • sgsand106:50:00 AM

    Benji bananas is the first project to use Apex Coin, but 10 KTF has taken eight coin in a different route and their ability to stack more 18. They've given out is it's just interesting to me to watch to see the sustainability of a play that's sort of built in another ecosystem. They can also plays a lot into the speculation that other side is related to 10 KTF. So that was a bunch of things, but I think it's just. It's just incredible to me to see the amount of participation people have in that

    sgsand1
  • sgsand106:50:02 AM

    Uh, even though it's a bear market.

    sgsand1
  • speculatorart06:50:14 AM

    Hey Spencer, I got a question for you. Where do you think they got the coin from? Do you think that they like received it through a partnership with the Yugo Labs? Or do you think that they bought it themselves or they got air drops from like their holdings?

    speculatorart
  • sgsand106:50:43 AM

    Uh, that is a good question, so I've heard a lot of people speculating on this. I'm not gonna take a personal stance on it. It wouldn't surprise me either way. I think it's probably pretty likely that they were some sort of launch partner with eight coin, exactly the details of that partnership were I'm not. I'm not sure on, and I I've seen, though, people talking both ways, so I don't want to say I'll probably tweet out later today if I can get confirmation on chain of what actually went on.

    sgsand1
  • piovincenzo_06:51:14 AM

    A lot of attention on 10K TF recently what Spencer was talking about is the combat crates, which are apparently going to give you weapons, and there was and the AirDrop he was talking about for a coin was for holders. However, there were additional air drops for people that had completed all of the 10K TF BATTLETOWN missions. And for those that had the OG role, so a lot of people ended up getting, you know, some free, some free stuff like .66 each floor on that right now also.

    piovincenzo_
  • piovincenzo_06:51:25 AM

    Little notification popped up and this is shout out to kaleo Tesla's up 5% today at $908.00. So definitely a very timely notification right there kicks you have your hand raised. What's going on?

    piovincenzo_
  • piovincenzo_06:51:29 AM

    Kicks

    piovincenzo_
  • speculatorart06:52:00 AM

    Sorry for the dead air, I was, uh, I was looking at some charts. Yeah, I just wanted to say that I, after everything that's happened over the last 7 to 10 days in the NFT space, I've turned a new leaf PO. I'm going to be just 100% supportive of any other projects out there unless I think it's like a hard scam. I'm just going to support everything. I'm going to be pro. Anything NFT because I think one of the biggest problems in the space right now.

    speculatorart
  • speculatorart06:52:06 AM

    Is that people have an inherent desire to FUD projects that they don't own?

    speculatorart
  • speculatorart06:52:30 AM

    And also to fund projects that they think maybe are in pseudo competition with projects that they own. And I think that I have naturally done that myself and I think that if we really want the NFT space to go to the moon, we have to cut that stuff out because it's just terrible for the space. If we're, you know, everybody's just trying to cut each other down.

    speculatorart
  • piovincenzo_06:52:39 AM

    Listen to kicks. Turning over a new leaf. Nick just raised his hand I wanna throw to him and then sharks been waiting so I'm gonna throw the shark but Nick what's going on?

    piovincenzo_
  • allnick06:52:48 AM

    There was another thing with 10K TF. So in terms of the AirDrop you I didn't realize there was just a direct AirDrop to the wallet. You didn't have to like interact with anything. Is that correct?

    allnick
  • piovincenzo_06:52:50 AM

    It was a claim.

    piovincenzo_
  • sgsand106:52:51 AM

    Ohh no, you did have to go claim claim it and it was on.

    sgsand1
  • allnick06:52:54 AM

    Is that that 10K TF friend site?

    allnick
  • sgsand106:52:54 AM

    Yes.

    sgsand1
  • piovincenzo_06:52:55 AM

    10K friends.org yeah.

    piovincenzo_
  • sgsand106:52:56 AM

    Yeah.

    sgsand1
  • allnick06:53:01 AM

    I thought that site was fake like I just didn't know what to how to read that.

    allnick
  • piovincenzo_06:53:24 AM

    I think you can still claim or maybe I'm wrong about that. I claimed, I think yesterday. I'm not sure it wasn't that much money quad who was on this show earlier? I think he left. He didn't get a chance to speak yet today, but Quad tweeted out how much a coin he got. He got over $12,000 worth of free acoin. So definitely a big big win there for quad.

    piovincenzo_
  • speculatorart06:53:27 AM

    PLIPO Danny got a 17 E.

    speculatorart
  • sgsand106:53:31 AM

    So.

    sgsand1
  • piovincenzo_06:53:47 AM

    Yeah, I'm not surprised. Yeah, that's a a pal of me and kicks. He's been very, very long. 10K TF for a long time. He actually has a space. Yeah, like a astronaut, ape pair of shoes. It's like the most ridiculous like GRAIL item that you could have besides the mega mutant stuff. Obviously Spencer you're going to add something.

    piovincenzo_
  • sgsand106:54:17 AM

    Yeah, so I was gonna say what was interesting to me about the way they did the 8 coins. They did $5 million of eight point but I think I know myself and probably a lot of others were expecting the new Tokyo dollar to be its own cryptocurrency, and because their investors include FTX and Coinbase, the expectation probably was that cryptocurrency was going to be exchange listed on the first day, and so, like when doing math. I know the math that I was doing was around. You know, if you look at wha

    sgsand1
  • sgsand106:54:41 AM

    Lots of the NFT's in the yoga ecosystem and then some of the market cap of the NFT and the 10 KT ecosystem is something like $41 million. So my expectation had always been that the neotokyo dollar AirDrop was going to be someone was going to be a new cryptocurrency that was exchanged list of day one that might have hit somewhere in the ballpark of around that $41 million mark. So I think, at least for me, the.

    sgsand1
  • sgsand106:55:01 AM

    $1,000,000 of eight point was a little bit under expectations for how much that specific air drop was going to be worth that being said though, I think it's a trade off of OK, but then it does really signal and people inspecting this for a while because the the there was been a coda and some of their stuff and then.

    sgsand1
  • sgsand106:55:12 AM

    Swag Nissans glasses were in the, uh, the the the other side trailer they released, so there's clearly some sort of collaboration between the two of those projects.

    sgsand1
  • piovincenzo_06:55:37 AM

    Yeah, we we've known that for like months I mean someone in our discord made a joke. I think pop candy he's super funny like because of that, like the stuff you're talking about, he's like oh so the news that we knew 4 1/2 months ago or or like it's even longer. Like we've, we've long, you know, quote UN quote, speculated, but at some point when you have a video for other deed and there's 10K TF shit in the video at the end of the day, that that's not by accident, you know.

    piovincenzo_
  • sgsand106:55:39 AM

    Yeah, I guess.

    sgsand1
  • allnick06:55:41 AM

    Well, the Mecca thing, I'll go ahead.

    allnick
  • sgsand106:55:54 AM

    No, I guess I was just gonna say that my point was that that it's like it's still interesting that new Tokyo dollar was a coin and that it was $5 million. Because, like we haven't seen objects just like picked the market cap of the coin, they give out like it's just kind of interesting.

    sgsand1
  • piovincenzo_06:56:02 AM

    Yeah, no doubt Quad came on stage. I gotta get to shark but quad you know I figured that this is about 10 KTF what's going on?

    piovincenzo_
  • piovincenzo_06:56:06 AM

    Yeah, you're good man, you're good.

    piovincenzo_
  • quadzillatd06:56:33 AM

    Yeah, absolutely sorry. I'm just getting rugged here in a in a in a hotel room for sure, but no I I I'm. I'm really excited about about bringing new people into 10 KTF so kind of the second and third aspect of this combat create sale is if you have 138 in your wallet you can now go and sign up for the the app coin list 1st 2000 get in right and then the and then the third place. Is that anybody that.

    quadzillatd
  • quadzillatd06:57:04 AM

    Is already in 10 KTF that earned a badge can now refer another person and they'll be able to purchase a crate. And so I think that's really interesting that when it comes to 10 KTF expanding their ecosystem, and I also think that they're probably gonna add some more collections here soon because for 10K TF to like keep growing and growing, they need to kind of take more and more collections that you're able, or either our CEO or the rights to the owners and and have that ability to add more comm

    quadzillatd
  • quadzillatd06:57:09 AM

    Bring in thousands of new participants just by adding a specific community.

    quadzillatd
  • piovincenzo_06:57:41 AM

    Yeah, without question. I mean 10 KT's done an incredible job of not expanding the ecosystem in a way and actually having some deflationary mechanics. And in the sense that you have to combine the different materials to craft the new NFT. So you'll put three or four materials. Sometimes I think 5 materials together and then end up crafting a new item so it's not really expanding the ecosystem in a big way when they first rolled this out it was when we were in an extremely high high gas environme

    piovincenzo_
  • piovincenzo_06:58:08 AM

    Tokens in late 2021 is when they rolled it out, so you'd have like good gas would be like 100 Guay or something like that. Like if you ever saw if you saw 80 Guay at that point that was phenomenal and it was regularly 150 to 250 and so at that time we said this should have been rolled out on Polygon. But now given the environment that we're in it kind of works like a charm. You know it's not bad at all. I'm assuming CIG wants to add one thing on 10 KTF. Then I'm going to the shower going on.

    piovincenzo_
  • _thesignal06:58:29 AM

    Yeah, that last thing last thing on 10K? Yeah no. Just it's funny that you just reminded me about the gas. I remember asking easy can I borrow some cloth or some scissors or something like that? Last year in August and he basically wouldn't send it to me because it was just too expensive to send an item and then to send it back so that that was something that just came back to me as you're talking. But the point I just want.

    _thesignal
  • _thesignal06:58:31 AM

    About how.

    _thesignal
  • allnick06:58:35 AM

    Wow.

    allnick
  • allnick06:58:38 AM

    Are you OK?

    allnick
  • piovincenzo_06:58:39 AM

    Whoa signal did I did? Did she get hit by a wave? Are you OK?

    piovincenzo_
  • _thesignal06:58:42 AM

    Yeah.

    _thesignal
  • piovincenzo_06:58:43 AM

    Ohh no.

    piovincenzo_
  • allnick06:58:43 AM

    Now.

    allnick
  • _thesignal06:58:45 AM

    Can you can you hear me?

    _thesignal
  • sgsand106:58:46 AM

    Do you not have a good signal?

    sgsand1
  • _thesignal06:58:48 AM

    Ohh OK.

    _thesignal
  • piovincenzo_06:58:48 AM

    Not now we got you. Your signals breaking up.

    piovincenzo_
  • _thesignal06:59:17 AM

    Signals breaking up she's back. No, just on the point of how deep this integration is is that they dropped this eight coin to 10K TFs after the news on Gucci and TAG Heuer. So the price really couldn't go up any higher. It was probably trading around in the $6 range, and now it's trading like 7.42, and so you know, they time this announcement to to to give it to 10K TF's after the Gucci and tag you and you so it just shows you like little tales of just how deep this relationship goes.

    _thesignal
  • piovincenzo_06:59:37 AM

    Ohh super deep and we've known that so sharks been patiently waiting shark, you are ad God's dialfa lead. I'm assuming that in the on the soul space they typically call call that an alpha collar and you are an in real life investment manager, securities trader, and research analyst. You've been on the show before. What's going on shark?

    piovincenzo_
  • zk_shark07:00:07 AM

    Hey, what's going on PO? Yeah no, I thought it was a really interesting treat. Tweet by kaleo this morning about charting and I would actually make the argument that it will continue to grow in the FT space and actually end up being a better indicator versus using it for shit coins. And that the reason is there you have a lot more information that could be charitable. It's currently not being charitable from my understanding, but I would love to see you know unique holders above floor buying and

    zk_shark
  • zk_shark07:00:38 AM

    Just with the 2017 chick coin, it's just price and volume for the most part, but there's actually a lot more activity with NFT's that could, you know, make for valuable inferences and the argument if it works or not. I think it's good to go back to like the roots of technical analysis, and really, you're just charging levels of people buying and selling, and then you know making inferences related to behavior for being profitable or not. So yeah, I think charting on NFT's is huge, and if people

    zk_shark
  • zk_shark07:01:08 AM

    Just anecdotally, when they're trading, looking at it, you there is some valuable information inferences to be made at this point, and then as far as just the general market PO, it's great to hear that all this thick butt talk and Bitcoin 28 Ki think Bitcoin does have a pretty easy reach to 20 K given you look at early June, there was really quick decline, and I think it's just the channel trading, but for a long term I'm waiting to see a significant break out of the downtrend, hopefully above 3

    zk_shark
  • zk_shark07:01:25 AM

    I think it is a good channel trade right now, but yeah, that that's just kind of my 2 takes and I'm excited to see hopefully more people talking about charts and NFT's because there's a lot of stuff that doesn't make sense with NFT's, but it all is charitable and you could get some inferences from there.

    zk_shark
  • piovincenzo_07:01:44 AM

    Yeah, and we have about 29 minutes left in the show, so if you wanna stick around, I definitely want to see discussing decode a little bit quickly emerging as one of the most notable projects in the entire NFT phase. You know, chain agnostic shark was just talking about the technicals a little bit nifty Nick. Is that what you wanted to discuss or were you going in a different direction?

    piovincenzo_
  • piovincenzo_07:01:52 AM

    That's fine.

    piovincenzo_
  • allnick07:02:15 AM

    There was something else I wanted to discuss. I mean, yeah, I don't have anything to add to the the charting thing I I have not been long on the charts for NFTS but I remember last year when kicks and would hop on a call and they could have been all three. I feel like this was even pre that but he likes. He always liked looking at the the chart that opens he provides on the activity tab.

    allnick
  • allnick07:02:22 AM

    To look at the sort of price action there and try and make inferences from it.

    allnick
  • allnick07:02:54 AM

    Don't know how you know effective that is, but I definitely agree that with that happening on the high volume projects. But the thing I actually wanted to mention was the whole web adverse side of things and I'm curious what people making as a play. So I completely missed this project until last week. I said it was super odd that John Carlo, who has the YouTube channel John Carlo buys tokens, did an entire YouTube video about web reverse and that's just.

    allnick
  • allnick07:02:59 AM

    Like out of character like outside of like you know the fact that he.

    allnick
  • allnick07:03:10 AM

    You know, does deep analysis on stuff, but to do a whole video on this one project, especially in the midst of what's otherwise been a bear market in the NFT space.

    allnick
  • allnick07:03:31 AM

    Thought it was fascinating and there were there was a ton of hype, a lot of people jumping in, and I'm kind of wondering, like where people are at on this project at this point in time. Is there like a reveal that's happening? I don't know enough about this project, but it feels like I missed something with it.

    allnick
  • allnick07:03:43 AM

    And the overall thesis is 1 where I mean kind of comparable to other deeds they're trying to attract. You know developers and stuff, it it's it's basically saying, hey, this is an open source project.

    allnick
  • allnick07:03:55 AM

    And that was sort of the bearish side. It's not, I don't. I don't know if it's fully open source, but the idea is that anyone can contribute and from that standpoint it is open source.

    allnick
  • allnick07:04:21 AM

    And that's kind of something that other needs is trying to do is they're trying to develop an ecosystem, and historically, you know, those are the sorts of projects that end up winning. I'm wondering if anyone here who's on stage has been participating in this, and if there's any takes on it because I didn't until last week really come across it with that Jean Carlo Video. It was not on my radar, sorry there's. I'm on their site and sound is playing.

    allnick
  • allnick07:04:26 AM

    Curious if anybody else has participated in this and what their thoughts are.

    allnick
  • piovincenzo_07:04:57 AM

    Yeah, a node had his hand raised. I'm assuming he wasn't gonna talk about this. Manny I saw you raise your hand. I'm assuming it may have. Maybe it is about this. I don't know what I will say is that in our discord there was actually quite a bit of skepticism surrounding specifically the price action. Like the short term price action, I guess the allow list Mint started two days ago, August 6th and some people in our discord were on the allow list. Believe colonizers were on the list, there were

    piovincenzo_
  • piovincenzo_07:05:28 AM

    There was a a pretty substantial pump, including one massive massive floor sweep, but there was some skepticism surrounding some of the price action and the trading that was going on, but that's just speculation. From our discord. I don't have any kind of like, you know, concrete evidence on that at all. And if John Carlos excited about it, then I would imagine that it's a quality project for sure. I'll open the floor if anybody has any comments on website, or if anybody knows about the request

    piovincenzo_
  • piovincenzo_07:05:34 AM

    And I'll let you up. But yeah, anybody any thoughts on web reverse at all?

    piovincenzo_
  • depechenode_07:06:03 AM

    I have one quick thought and it's it's not that I know anything about the project other than you know I've seen a lot of like traditional CTA people, influencers pumping this and it reminds me a little bit gives me a little bit of PTSD of like tabby cats maladies wasties like all that stuff. No offense, kaleo. But anytime CTCT really tries to get behind something, it worries me in the NFT space. So that's the only the only red flag I see.

    depechenode_
  • cryptokaleo07:06:06 AM

    I'm just saying I agree with you on all those notes. That's why I was laughing.

    cryptokaleo
  • depechenode_07:06:11 AM

    Love it, yeah you got the Dick button now you're one of us for sure.

    depechenode_
  • piovincenzo_07:06:35 AM

    OK, well look we'll we'll see what comes of web averse that's been holding .68. I think this is just a little bit off the all time high the all time high came after that massive massive massive floor sweep. You know we got Manny on stage. Manny was there something specific that you wanted to discuss? You know you came on stage you raised your hand. Is there something on your mind? And yeah.

    piovincenzo_
  • mannyv_sol07:07:06 AM

    Yeah yeah, one of the biggest things to Zeke's point where you guys were talking about technicals and volume. One of the biggest things that easy and I like to look at. Well, I don't want to speak for them, but that I look for is the socials on NFT inspect as far as like unique profile picture accounts like whenever I see a project Ange towards 400 unique PFP's and that's like a buy signal for me and looking at the rate that they climb on unique PFP's on Twitter paired with the technical analysi

    mannyv_sol
  • mannyv_sol07:07:09 AM

    In the market right now. And that's kind of what I had.

    mannyv_sol
  • piovincenzo_07:07:13 AM

    And is that on NF is that on NFT inspec that you're referencing?

    piovincenzo_
  • allnick07:07:13 AM

    Yes.

    allnick
  • mannyv_sol07:07:41 AM

    Yeah yeah, NFT inspect you need PFP's and then you can see which one changed the most and then you can just set certain parameters to look for like projects that you wouldn't think about looking at. And then as far as like paradigm flash spots. I think that's like the only thing that they're doing right now in the NFT like Algo bots trading on that, they just don't see enough value to do anything at scale yet. That's why they haven't like jumped in all the way on algos trading.

    mannyv_sol
  • piovincenzo_07:08:13 AM

    Alrighty and uh, getting some tags here in the nifty discord and Elizabeth on stage. So I want to pick her brain on this. I guess this is web averse, specific leaves. 93 is saying that node was correct and that this is a loom dart pump where he founded the launch site and bought 200 etherium worth of web servers on the secondary. Apparently there's also something going on with pseudo swap. Elizabeth can you give us some context? Also want to say that this is not necessarily factual but rather yo

    piovincenzo_
  • piovincenzo_07:08:14 AM

    Elizabeth, go ahead.

    piovincenzo_
  • lagunacarta07:08:30 AM

    Yeah, so pseudo swap. Basically released in automated maker market for NFTS which is basically this idea like you can pool your NFT's into like a liquidity pool and that makes it like easier to buy and sell out of teas.

    lagunacarta
  • lagunacarta07:08:39 AM

    And I think that web servers is one of the like one of those sweeps is part of like is a pool in pseudo swap.

    lagunacarta
  • lagunacarta07:09:02 AM

    Also, like Clonex got swept recently, Ledger got swept recently and they're all kind of playing into this. It's two for me. It's too soon to tell, like how this like pseudo swap markets going to really play out if it gets any traction, but the idea of like being able to have like more liquidity, more liquidity, and being able to immediately buy and sell your FT's can be really compelling.

    lagunacarta
  • allnick07:09:16 AM

    So.

    allnick
  • piovincenzo_07:09:18 AM

    So pseudo swap is this decentralized NFT marketplace boasting flexible orders, .5% fees, and being fully on chain? So could you just, sorry, I'm not familiar with the platform. Can you go ahead, Nick?

    piovincenzo_
  • allnick07:09:48 AM

    I was gonna say this was what we I was hoping that Coinbase had released when uh launched their marketplace, but instead they just launched an open seat competitor and it was sort of a snooze. But at pulling together NFT's to provide additional liquidity also tends in the direction towards what college is talking about where. If you can get more activity or even fractional activity is what you would want to see, especially on the high end of the market like I could go buy tokens inside of a fide

    allnick
  • allnick07:10:17 AM

    For example, and trade the the the price of fidenza that that would be something that would be really powerful. We're not there, but it's something that provides just more real time. Price action is something that would be phenomenal rather than having to wait on like even if you look at board apes right now, I don't know the exact number that sells each day, but call like 10 apes. And obviously this this is there's a range there.

    allnick
  • allnick07:10:25 AM

    But it's still not enough that like the if everyone wanted to sell their ape right now.

    allnick
  • allnick07:10:36 AM

    You would crash the floor because that there's not enough buyers to to buy all the apes in one fell swoop at the same time.

    allnick
  • piovincenzo_07:10:37 AM

    There's no order book.

    piovincenzo_
  • piovincenzo_07:10:41 AM

    Well, this offers there's offers.

    piovincenzo_
  • allnick07:10:53 AM

    And so, well. I mean, they're kind of is. Yeah, it's it's just a slow moving one, and so that's where I just think it's interesting to move down that path where there's additional liquidity. But anyways, maybe Elizabeth can provide more information.

    allnick
  • lagunacarta07:10:59 AM

    Yeah, that's how I. That's how I interpreted this as well. Just like a way of providing more liquidity.

    lagunacarta
  • lagunacarta07:11:30 AM

    A pool of NFTS that you can buy and sell into. What's interesting for making the pools? Probably like it's a whales game, but it's probably like a pretty effective strategy because you own the pool, right? If you swept like the, you know the 35 clone exes or whatever, like you own the pool and you decide the pricing on that pool. So it's like I don't know. I think it's just something to keep an eye on if you're trying to like floor your NFT, it might be an effective spot to just like sell into o

    lagunacarta
  • lagunacarta07:11:36 AM

    There's probably opportunities where this is just a better deal than open sea.

    lagunacarta
  • allnick07:11:45 AM

    I think NAFTA had tried to do something like this as well and still is doing that. I I could be getting that completely wrong.

    allnick
  • allnick07:11:57 AM

    But any anything that provides that sort of liquidity, so it sounds like what you're saying as well is that there is partial I can buy part of an an ape, for example, not just a whole one. Is that correct?

    allnick
  • piovincenzo_07:12:10 AM

    Yeah.

    piovincenzo_
  • lagunacarta07:12:17 AM

    I'm not sure like that's honestly, I haven't played around with it enough to figure out. Like if you can fractionalized I expect like from a like what they're trying to build. That's got to be. If that's not already there, that's a good next step, right? Because like I would love to portion of a board app and represent my like be able to invest in yoga in like a small capacity. That would be ideal.

    lagunacarta
  • piovincenzo_07:12:47 AM

    Yeah, that's inevitably going to happen in the future, but we just flat out don't have a mainstream way of doing it. I'm sure a lot of people say there's this platform, or there's that platform. The bottom line is there is not a mainstream you know, 100% secure, widely used way to do that, and I think that once that comes, some of the smarter you know participants in the space will effectively participate in that. Like for sure it's it's just a matter of time. We just don't have it yet. No, do y

    piovincenzo_
  • depechenode_07:13:08 AM

    Yeah, 111 quick thing on on pseudo swap. I did see some people a little bit angry because I think the default fee setting for pseudo swap is they don't, they don't, it doesn't. It doesn't offer the the fee royalty back to the creator if I understand it right, so I know some people were.

    depechenode_
  • jesseshalfon07:13:09 AM

    That's the that's one of the features, yeah?

    jesseshalfon
  • piovincenzo_07:13:27 AM

    Yeah.

    piovincenzo_
  • depechenode_07:13:35 AM

    Yeah, that's like it's like a core feature so that that is. That is an interesting you know. Interesting thing to think about a new platform that doesn't. That doesn't honor the creator fees, right? Which is interesting, but I actually did question for for easy and shark if we're ready to move on, which is on the gods I've been. I've been seeing the the whole youth thing. What is it tell me, should I buy it and and and and or should I just get ad God? I guess that's the question.

    depechenode_
  • easyeatsbodega07:14:07 AM

    Uh, I mean I'm pro D got obviously like it's tough to really fade Frank. He's doing something really cool with this. I don't know if it's really called a whitelist met at this point. It's a scholarship application process in which you fill out three 280 character questions, attach your discord, attach your Twitter and they're trying to curate the community to people who are extremely interested in Web 3 networking values and try to like make it a more hand selected process. It also kind of elimi

    easyeatsbodega
  • easyeatsbodega07:14:38 AM

    Instead, they're really trying to figure out people who want to be a part of the community and actually build stuff out. You say, do I buy a used? You can't. They haven't rented yet you gonna die. Gods, you get one mint off of that. I believe there's 15,000 youths. There's no set date for when they're minting yet. It's going to be 375 dust. Dust is their utility token. It pumped up to about dollars, so now you're looking at almost 20 sole floor. A little close to like 1718 to Mint, so it's a rel

    easyeatsbodega
  • easyeatsbodega07:15:09 AM

    Dust has been as low as $0.50 and the D gods yield dust. So if you're a holder originally, this entirely is kind of going back into a reward for original holders, and people have been handed all the assets in this ecosystem. It's got to be the most hyped mint on soul as far as I can remember, cuz Digod saw run up from January to now and even December December there were about 8 soul. Now they're trading well over 300 and a lot of it comes down to just like this in the in your face persona market

    easyeatsbodega
  • easyeatsbodega07:15:28 AM

    Public speaker really rallied like massive community behind him, and he's seen every single side of the NFT market. I mean, D gods were all the way down to sub min price for months and he's really established this kind of run up. So for me, I'm looking at it and that point of view. I do hold 1D God, I'm excited for youths.

    easyeatsbodega
  • easyeatsbodega07:15:48 AM

    Don't know what the price action is going to be. A lot of people say it's going to be 1/5 the price action of ad God because of the similarities like mutants and apes. I don't think so because it's supposed to be a completely separate collection done by dust protocol and dust labs, which is their overarching system. But yeah, that's a lot of buzzwords. Kind of trying to do a preface it relatively simple as best I could.

    easyeatsbodega
  • piovincenzo_07:15:50 AM

    Shark

    piovincenzo_
  • zk_shark07:16:21 AM

    Yeah no. I would echo what easy was saying and I would just make the important distinction where you know what whatever NFT you buy usually it's you know a collection of random people that were quick or bought on the secondary market where with youths Frank is really taking the time to kind of curate the community and choose who's going to be the most valuable and who deserves it. So I know like there's influencers involved. There's meme creators, there's just community members. There's people m

    zk_shark
  • zk_shark07:16:52 AM

    You know, really show how they would be a participant in the community before it's actually formed, which I don't think you've seen with a lot of NFT projects to this scale at least. And then the other thing I would emphasize is this. The dust aspect of it. It's a you'll have the option to maintain a theorem as well, but for the most part it's adjustment, which is a, you know, an SBL token. Decode the largest market cap collection on Solana and dust, has, you know, proliferated the ecosystem whe

    zk_shark
  • zk_shark07:17:24 AM

    Just and yeah, so it's just also something I wanted to mention. Is that the artistic direction of the new collections under John Lay, which is the highest selling for the most part, Solana, one of one art creator? He has, you know stuff selling for 500 Solana every week, so he's in charge of all the art and we're really taking some time to focus. Not only art but also the community and then also utility. That which hasn't really been announced. But yeah, Dust Labs has been working on it and Fran

    zk_shark
  • zk_shark07:17:55 AM

    Particularly to use the data related to this up to the user 100%. But yeah, there's a lot of valuable stuff as far as utility there working on along with, you know, taking the time to curate a community with a very strong existing community, because the gods are, you know, it's not like a board ape story where it all went crazy. A lot of these holders, you know we're buying at 6 and seven sold had no idea that it would turn into the most valuable collection on Solana. And that really just kind o

    zk_shark
  • zk_shark07:17:58 AM

    And, uh, that you know the floor was nothing close to what's that now?

    zk_shark
  • piovincenzo_07:18:23 AM

    Yep, this is the number one project on Solana ladies and gentlemen. So if you're interested in getting in on Solana, you might want to look at this one. It's expensive. It sounds like this Utes option is a bit, you know, it's a bit more affordable comparatively. It's still an expensive mint Manny. Do you have something to add here? Considering this is a salana take? Otherwise we're going to move on. Many go ahead.

    piovincenzo_
  • mannyv_sol07:18:50 AM

    Yeah, I'll make it quick. I mean, the biggest thing you can draw is like the board ape Dow parallel into VC on like a big Brock like brick of like the coins or tokens or whatever. Being allocated to a potential VC. This is all speculation. And then like the other thing to consider too is like Frank is like White combiner alumni, right? Like not very many people can get into why combinators? So that's why I'm like super long on the team.

    mannyv_sol
  • piovincenzo_07:18:52 AM

    And and did you buy an early?

    piovincenzo_
  • mannyv_sol07:19:06 AM

    No, I just don't dust, so that's like the easiest way for me to get in is just to own dust. So I have like a a take in that, but probably looking to get a DUI, probably here pretty soon.

    mannyv_sol
  • piovincenzo_07:19:11 AM

    Alrighty we, I brought Timbo dot Ethan stage Timbo you there buddy?

    piovincenzo_
  • timbo_eth07:19:13 AM

    Say hey Jim.

    timbo_eth
  • piovincenzo_07:19:16 AM

    Here he is Nick, can we get breaking news?

    piovincenzo_
  • allnick07:19:20 AM

    Breaking news

    allnick
  • piovincenzo_07:19:23 AM

    Breaking news, ladies and gentlemen, Timbo hit us with it.

    piovincenzo_
  • timbo_eth07:19:30 AM

    Hilarious, so the US this morning, about 15 minutes ago has sanctioned tornado cash.

    timbo_eth
  • piovincenzo_07:19:33 AM

    Damn.

    piovincenzo_
  • timbo_eth07:19:46 AM

    Which I thought was quite interesting. The cofounder of the founder of Tornado Cash actually in January of this year, actually publicly was interviewed and said that it's unstoppable. So I, I will be curious with sanctions in the US, how that proceeds.

    timbo_eth
  • piovincenzo_07:19:55 AM

    Damn, that's, uh that's interesting. We're sanctioning everybody I guess. Uh, what exactly does that mean?

    piovincenzo_
  • allnick07:20:23 AM

    Well, Coindesk states the US Treasury Department has blacklisted Tornado cash and all of its Ethereum addresses, barring US persons from interacting with it. Now I don't know how you actually bar a US person from interacting with it other than the fact that I guess you could see if a Coinbase transfer Coinbase or Gemini originated transfer results in in interaction with that address. Potentially I don't know.

    allnick
  • depechenode_07:20:46 AM

    Yeah, but you can't. I mean, you know once, once you've got it in your wallet like that's, there's nothing that they can do right like it. That's the beauty of the network, which is really fascinating. So I'm. I'm curious to see how they pull it off, and hopefully they don't go retroactively look back because I was. I was mining, you know, mining that yield on Tornado Cash in early days. So I I hope they're not blacklisting my address for that.

    depechenode_
  • piovincenzo_07:20:51 AM

    Define node you're gonna be blacklisted and you deserve to be node you savage.

    piovincenzo_
  • depechenode_07:21:03 AM

    Perfect.

    depechenode_
  • timbo_eth07:21:04 AM

    I think they're going to blacklist and and the blacklist just has a negative connotation, but I think that I think any any address that interacted with Tornado Cash will be on a list. That's just my thought, and in years to come.

    timbo_eth
  • timbo_eth07:21:09 AM

    Yeah.

    timbo_eth
  • easyeatsbodega07:21:28 AM

    My concern with that though, is like there's so many addresses on that you know what I mean? Like they create new wallets to transfer funds consistently. The entire aspect of it is to try to anonymize the entire transaction so it's like the thing that I'm trying to make sense of here is if the US government is sanctioning this and they're struggling just looking through crypto taxes, how the hell are they going to try to analyze anything from this?

    easyeatsbodega
  • timbo_eth07:21:37 AM

    Well, in the new package they did just announce they're hiring 86,000 IRS agents. The largest hiring ever in the history of the IRS. So there's something to say.

    timbo_eth
  • easyeatsbodega07:21:43 AM

    They did also say transactions under $50.00 are getting ignored, so there's a bunch of things that they gotta sift through and figure out here.

    easyeatsbodega
  • timbo_eth07:21:59 AM

    Well, the government isn't worried about $50.00, right? Easy? I mean they're they're worried about multi millions of dollars, which are happening quite frequently on Tornado cash. So I mean, I wouldn't be concerned for the large majority of NFT or etherium traders. It would be more so if you're.

    timbo_eth
  • timbo_eth07:22:16 AM

    You know tornado doing a bunch of cash or at some point in your life you become extremely wealthy and you're on that list. I mean, and you're you're paying the IRS money and they audit you. I mean, there's certainly might be questions about addresses if you interacted with Tornado cash, but again, it's going to be for the ultra wealthy, and I think it will be in the future.

    timbo_eth
  • sgsand107:22:17 AM

    I think.

    sgsand1
  • piovincenzo_07:22:19 AM

    So Tim, oh God God Spencer.

    piovincenzo_
  • sgsand107:22:31 AM

    Sorry, just gonna say I think it was interesting about this to you. Is like we know in the IT space that a project tornado caches out and a bunch of money like it's probably rugging, right? But I think that this goes and gives more credibility to the argument of like.

    sgsand1
  • sgsand107:22:33 AM

    Umm?

    sgsand1
  • sgsand107:23:03 AM

    The like, well, you can't prove what they did with the money, whatever but well, now it doesn't matter. Right now it's illegal to just do that if you are like a US legal entity. And so I think this is actually a pretty good move for consumer protection because, like when is this going to be litigated? It's going to be litigated in or like it's going to matter in moments when someone's trying to rug pull a project or something, or run away with a bunch of stolen cash. And it's basically just sayi

    sgsand1
  • sgsand107:23:08 AM

    You know there's this argument that taking things that keeping things on chain makes it more legal, right?

    sgsand1
  • piovincenzo_07:23:11 AM

    Yeah, good point kicks.

    piovincenzo_
  • speculatorart07:23:42 AM

    Yeah, I just want to say that first of all, I think that probably 70% of people that use Tornado cash don't understand the time length factor in anonymizing, so they're all probably getting tracked anyways. But I saw an interesting take when people thought this was going to happen six months ago in some sort of anonymous personality, and Twitter said, well, wouldn't it? Be a shame if a bunch of influential wallets in crypto got a 1/8 tornado.

    speculatorart
  • speculatorart07:24:13 AM

    Cash drop out of nowhere. That's like the tricky thing with tornado. Cash right? Is like if you if you ban it or you you know ban list addresses that have associated with it. What's stopping some? You know? Nefarious troll from sending out 108th to 100 influential wallets and now all of those wallets are de facto ban listed, right? If you think about it logically, like it it, it's a tricky, tricky situation.

    speculatorart
  • allnick07:24:29 AM

    Well, and actually I guess that's where when you think about what the ban is, it's really saying that like to Coinbase into Gemini and any other US based exchange, you can't accept money from any address that's interacted with Tornado Cash.

    allnick
  • speculatorart07:24:39 AM

    So Nick, imagine I I just on an anonymous wallet, send you one EV. A tornado cash. Are you now like ban listed from like off ramping for the rest of your life?

    speculatorart
  • allnick07:24:46 AM

    Well, and then the real question is like how many degrees of separation are there required on that wallet? Because?

    allnick
  • allnick07:25:12 AM

    Can I just move money to another wallet and now I'm good? Can I move it three times and now I'm good like what at what point does this like does that happen? Because in theory at some level then we're all connected to Tornado cash in some way. If like we've ever if there's ever been an NFT that ever interact like I'm assuming just via X degrees, we've all interacted with Tornado cash in some way.

    allnick
  • piovincenzo_07:25:13 AM

    I.

    piovincenzo_
  • speculatorart07:25:23 AM

    Well, if if, uh, if anything, this is super bullish for NFT because I think this now makes NFT's the de facto number one way to launder money. So we may be seeing a lot of inflows.

    speculatorart
  • piovincenzo_07:25:55 AM

    Timbo you, you're unmuted Nick, you're unmuted. I mean what Nick was saying. I just totally agree with is like if you trace enough transactions with this etherium or whatever, moving around, you're going to get to something that you don't like and So what do you say after X number of transactions? It's clean, OK? Well then someone's just gonna nefariously Tornado cash a bunch of money and just set-up a bot to automatically move the money 25 times or whatever however many times it is this really

    piovincenzo_
  • piovincenzo_07:26:03 AM

    Like a pickle for anybody that's looking to enforce laws or regulation on it. Shark you have your hand. Raise something to add here.

    piovincenzo_
  • zk_shark07:26:34 AM

    Yeah, I was just gonna say my take here is that it? This is the classic case of privacy being kind of victimized or criminalized as far as just because you could privately do something. Unchained the government wants to assume you know there's very there's bad actors and bad intentions which no doubt there wasn't tornado, and I think a lot of people just didn't understand how to use the protocol correctly and got caught and kept tornado. But yeah, I think it's more like the read through here is

    zk_shark
  • zk_shark07:27:05 AM

    Like doing private activities on chain is going to be a critical point of, you know, mass adoption with blockchains, and it's sad to see you know that tornadoes going down like this. I think they'll probably ban IP addresses from the US too. You know, easy to get around. But yeah, I think it's a good broader conversation to have as far as people assume guilty before innocent. When you when you want privacy on the blockchain and I think with the IRS hiring, you know 8600 agents. And with this mov

    zk_shark
  • zk_shark07:27:26 AM

    BBC CD's introduction in in the short term. But yeah, it sucks to see that privacy is just assuming that you're guilty because you know I like having kind of options to do stuff off chain or even on chain without it kind of tying back to some wallets, and I think there's you know not 100% criminal use cases for that technology.

    zk_shark
  • piovincenzo_07:27:59 AM

    Yeah, and a sizable person. Definitely nefarious though at the end of the day because and I get what you're saying, you're like, yeah, it sucks that you need privacy, but we get the privacy argument every time some Jackass is doing something he shouldn't be doing and is anonymous and people try to call him out for it. And a whole gang of people try to defend and say like privacy and blah blah blah when in reality it is just nefarious behavior that that's the part of it. That sucks. Yeah, it'll b

    piovincenzo_
  • piovincenzo_07:28:28 AM

    Briefly, last week, Spencer was bringing up how hard it is and with goods that you buy that are stolen in real life and how the kind of the approach that openc takes is basically identical to real life approaches. And that's why pawn shops, for example, have to wait 30 days before they can sell things that they acquire. You know, looking at Tornado Cash, I think the most notable like Tornado Cash story that we've seen in the past year, if I recall correctly, was looks rare using Tornado Cash.

    piovincenzo_
  • piovincenzo_07:29:01 AM

    And I think a lot of people raised eyebrows at looks rare at that time, but it seems as though that that hasn't really left that much of a stink on looks, rares, reputation. It seems as though people just actually aren't using the platform that much because they prefer to use other ones. It's not really a tornado cash story thing, you know. They released their rewards program and people use that for a little bit. But then when those rewards weren't lucrative enough, they kind of stopped and you

    piovincenzo_
  • piovincenzo_07:29:32 AM

    Pseudo swap platform. But hey, look, we're at time. Ladies and gentlemen. We do this show Monday through Friday 9:00 AM to 10:30 AM Easter. We talk all things and FT market. All the stories of the space. Check out our sponsor FTX. You can sign up at the nifty.com/FTX or with the code. The nifty on your FTX mobile app. If you spend over $200.00 on a cryptocurrency of your choice with our code then you'll get a $20 bonus in that crypto asset and you will pay the lowest fees in the game.

    piovincenzo_
  • piovincenzo_07:29:47 AM

    While you do it, don't be out there Tornado cash and because you know what happens when you tornado cash, some years can go by and the government might come through and just hit you with that Rico. Stay safe out there, you guys tomorrow. Yeah, listen to easy show.

    piovincenzo_
  • piovincenzo_07:29:55 AM

    Solana made easy, alright always. No women gotta keep a balance.

    piovincenzo_
  • piovincenzo_07:29:59 AM

    The girl of your dreams to me is probably not a challenge.

    piovincenzo_
  • piovincenzo_07:30:03 AM

    I've been counted out so many times I couldn't, kind of.

    piovincenzo_
  • piovincenzo_07:30:20 AM

    Funny how my accountant is having trouble trying to count the people that think that I owe you shit paybacks a bitch and you know that shit. Y'all getting too old for this. Please don't think nobody knows this many days y'all sleep enough for me anyway.

    piovincenzo_
  • piovincenzo_07:30:23 AM

    No shit anyway.

    piovincenzo_
  • piovincenzo_07:30:27 AM

    Darling, not true to this. Anyway, over y'all he said raps.

    piovincenzo_
  • piovincenzo_07:30:29 AM

    Just get here with dorico.

    piovincenzo_
  • piovincenzo_07:30:34 AM

    Everyone home for the summer. So let's not do nothing illegal.

    piovincenzo_
  • piovincenzo_07:30:38 AM

    I'm gonna make 50 million and I give some millions to my people.

    piovincenzo_
  • piovincenzo_07:30:40 AM

    They go no Tony Montana.

    piovincenzo_
  • piovincenzo_07:30:56 AM

    No way. There's not much to say for him. They told me to tell you, you mentioned some waste man and stay in your place for my dad is from Memphis and I'm the king. I should probably just move into Graceland, Madonna's a thing I know and I'm the King of Pop. I'm building never.

    piovincenzo_
  • piovincenzo_07:31:03 AM

    We might just get him.

    piovincenzo_
  • piovincenzo_07:31:06 AM

    We're in the field.

    piovincenzo_
  • piovincenzo_07:31:15 AM

    I'm on probation, so let me not talk with illegal. Switch it up today. I won't go on my drink.

    piovincenzo_
  • piovincenzo_07:31:29 AM

    My teachers that said, I won't make it here, I sent it did what you make a year I had to drop this to make it clear that I got a lot of Jamaican here. All these shoppers popping while fathers why we even got to take here?

    piovincenzo_
  • piovincenzo_07:31:33 AM

    What up homie?

    piovincenzo_
  • piovincenzo_07:31:35 AM

    Faces what you thought.

    piovincenzo_
  • piovincenzo_07:31:44 AM

    I was like.

    piovincenzo_
  • piovincenzo_07:31:46 AM

    You know my peoples.

    piovincenzo_
  • piovincenzo_07:31:50 AM

    I take it you didn't split it with my?

    piovincenzo_
  • piovincenzo_07:31:57 AM

    Yeah, that was rushing. I'm talking that cross through that. Thank you for quarter like join. We bet on that bus.

    piovincenzo_
  • piovincenzo_07:32:01 AM

    Came up from nothing. We started on this most one day but now.

    piovincenzo_
  • piovincenzo_07:32:04 AM

    All this we really was darshini.

    piovincenzo_
  • piovincenzo_07:32:09 AM

    I think they recorded listen, you hear.

    piovincenzo_
  • piovincenzo_07:32:12 AM

    We might just get hit with the Rico.

    piovincenzo_
  • piovincenzo_07:32:20 AM

    You might just gave him a Derby.

    piovincenzo_