Charlie.

I'm just gonna play some music in the background so that we can wait for some other listeners to join. So just TuneIn.

Come and go.

Coming home.

Talk.

Right.

Hey everyone, can you hear me?

Yes, loud and clear. Hello.

Perfect, perfect. Perfect.

How are we doing today?

Doing good, doing good. Ohh yeah. Colton, Germany.

Let's let's uh, do you think we should wait? We should wait for some more.

Yeah, I mean, we can like, wait a second. You can play some music for a bit.

Yeah, before we start.

Can share the space.

Yeah, let me actually let me, yeah, let me actually send some invites. You can also send some invites and I'm just gonna like play some music. Meanwhile, we'll start this.

Yes.

Yep, perfect.

Look at that. Um, by the way, I OK, you muted. Hi, honeybell man.

So.

Ohh, you guys doing today?

Ohh fantastic.

Thought I'd stop it.

I'm doing really great. Thank you for joining this place today.

Yeah.

Yeah, definitely want to check out what you guys are up to see. Looks like you guys talking about crypto hedge funds. Luckily my partner has one of those.

It's, it's very funny. Uh, I met her yesterday through, um, an AMA with her project she's building and was so interesting. She's like, yeah, actually, I have a hedge fund and I'm like, wow, you know, I met Aslan and you know, the kind of hedge fund thing I'm getting more people to know. And so I'm diving deep and we do these spaces to learn, right? Record it. And, you know, we upload it on all these social platforms later, you know, Spotify, YouTube, because other people are probably also intere

So let's let the people get informed, I think because I'm very interested in this. I don't know much about it, but I'm sure we'll after this episode.

I'm gonna walk you guys through like pretty much everything, like setting up and you know what question you see like you guys need to ask yourself before, you know, jumping into like partnering with any of the law firms, anything as well. Like you can ask me questions, you know, later after I'm done with my little lecture.

Amazing. And yeah, how you build probably can also put a little spice to this. So I I really appreciate that he's also here because yeah, he's also experienced in this whole space building, also his own project and we also very tight knitted with their project. So yeah, I really appreciate that he's here and can also bring his little spice to this whole topic.

I love the Spice Park.

So yeah, um.

What do you have for Celine? Like what is um?

Yeah.

Let me, let me, let me, let me go ahead then. So I would start by saying like crypto hedge funds like they are fundamentally a lot like other hedge funds. If you look at the real estate of or like private equities you know in general it's pretty much like that but here's the difference you got to ask yourself that oh would that would buy hedge fund be trading only commodities or only securities. By that what I mean to say is are you guys going to be trading just Bitcoin or etherium or pretty muc

All the assets you know which is considered you know as commodities, right. And when it comes to securities, if you look at FTX, they're also investing in you know I don't want to give them as the example but they're also like crypto fund but they're also like investing in other you know businesses as well. So that's when it kind of gets a little bit more complicated because you know that's considered to be like a securities you know.

So that's that pretty much ask yourself what what my hedge fund is going to be doing? Are we trading just commodities in general or both or just securities you know, so that's the first part, OK.

And if if you look at the the formation twice, we got to like look at three pieces here. The first piece is going to be obviously the fund founders. So it's going to be like the fund founder formation. That's the first piece we should be looking at. And the second piece should be you know how is the money coming in pretty much your investors or types of investors, you know qualified or accredited accredited investors pretty much like that. It's going to be like your second piece.

The third piece is going to be the managing part more like whether I mean what type of like investment you would be doing, whether it's like you know just trading in general exchange, marginal like derivatives trading. You know in the US it kind of gets complicated for crypto when it comes to derivatives trading because like you know US has a lot of like risk and regulation laws and everything. So derivatives trading again can be a little tricky when it comes to you know choosing your investment

Or like the third piece. OK, so let's a little bit like, let's dive deep into the fun founder like formation piece. So it's pretty much like you are setting up actual entities and choosing where they're going to be set up and pretty much like most of the, I would say like crypto hedge funds here in the US choose Delaware. You know, you, you can look it up like, why Delaware? Because As for me, you know, based on my past experience as well, you know, Delaware is very eased up and they have like y

Extremely like low tax, you know, problems as well. And like Jesus, right, you're going to start your own hedge fund in Germany, right?

Hmm.

That's true.

Yeah. So we gonna figure that out where it's most useful. I mean my idea was first Germany, but then also I'm open to different aspects to it because in Germany the texts are very, very high. Like if you do anything over 150 K kind of, it's over 40%. So I don't know if it's the smartest thing because most people move out of Germany if they make these kind of monies. So yeah.

Exactly. Exactly. I understand. So that's that's the first part you need to consider is like the place you would be like you know or or the country you would be you know initially forming your you know fund. In general my advice would be like if if you look into like Cayman Island or let's say British Virgin Island for example, we also have like you know my, my, my fund is called walk to moon WTM capital. We are based in New York of the US but we also have.

Separate entities in you know, British versus British version island and also came in Ireland, you know, so that's what we do that in order to like you know save ourselves and also the other offshore investors from like from paying taxes in their country and as well as in US, you know, country. Because if you look at, let's say you know, let's say Jesus invest in our WVTM capital, he would have to pay, you know, U.S. tax as well if he is investing in our US entity.

Right. So again in order to prevent that, you know we have this completely separate entities and he's going to be like pretty much investing in our offshore entity and not onshore entity. So that's again something you need to consider like you know where is your home base of your hedge fund and if required for your options for your option at like investment investors, right. So that's when you are you know choose a certain area you know let it be Cayman or BVI doesn't matter you know.

It's always like good to have a separate, you know, entity, I would say. But that's that. And yeah, so the first piece, let's, let's come back to the first piece. When we try to, you know, do the founders, you know, the founder formation part, right. That's when we try to figure out different percentage. Like let's say I invest like a certain part and then, you know, Jesus, invest like a certain part and weird founders together, right. So based on how much we invest, we also decide.

You know the percentage on which we would have our returns back as well you know so again it also like the the first piece again also includes the attraction between the partners and you know general partners and their partnership agreement, OK. So the general partner in they manage this limited partnership which is the fund. So here comes the second piece, the fund itself like where the trading is happening, where the money is coming and everything it's it's pretty much has to be like.

Limited partnership, you know, and the fund is an LLC and the manager is also like an LLC. So fundamentally you have like two different entities now, right? It's like the general partners, that's like the founders and then the second entity is like the, you know, it's like the other investors where the people are putting their money in. It's pretty much the fund, you know, so that's like the second entity, so.

For the fun and I would say the general partners sometimes you know there can also be 1/3 entity you know that comes in place when you're trying to like you know, invest in securities like you know, investment partner in general. So depending again depending upon where you are, you know you have to you know register in there and that's that. Yeah, so that's that and when it comes to agreement wise, we have to, we also have to like have you know a certain agreement.

Between the founders, right like and and and then we have this other piece that's the securities that offer you know to get the money and it's like important to distinguish this piece from the next one, the regulation around the managing the money you know.

So what do you guys have any questions till now?

Yeah, I think, uh, first of all, there was a lot to chew on.

Yeah, that's a lot of information. I just gave away like a.

Right. Like some people don't even know what LC maybe is, you know? They're like a lot of words and for people that maybe don't know. But yeah, this is a little more specific.

Hey.

This is again, yeah, this is a we are talking a little bit more specific about you know like people who are like about to start their own hedge fund and the legalities they have to consider I guess people you know exactly so.

Yeah.

Where we?

You gotta, yeah.

Just so far, no. Just if you don't know any words, just type them in Google, right, because in this one here, we just, you know, don't have time to cover every little aspect. It's just about. Yeah. I mean, you really described it very well, but so, yeah.

Yeah we we're gonna go a little bit technical here because it's it's important to know these certain details like you know like I said the first part about to choose whether you would be trading you know whether commodities or securities that's your main answer you know and as a hedge fund manager myself I would definitely recommend you know if you're starting out just don't go like to the securities part yet that can be later which you can always do it because we know when you try to do the sec

Do you have a series 85 or anything?

The regulation, it gets really bad. You know, you it's very, very complicated. It's like mind boggling and mind mingling. It's it's very, very complicated. So I would definitely recommend like if you're trying to start your own hedge fund, try to trade only and only commodities first and that's it, you know and then we can like later part, you can be like oh you know I'm also going to trade securities. So that's that. OK. So, so the fund, yeah.

I'm sorry.

Give U.S. Securities license at all.

Uh, we don't. We don't because we don't trade our securities.

OK. And are you?

Like I said, yeah, yeah. Like I said, like it gets really bad when you try to, you know, trade securities. So again, the licensing and everything, it's super expensive. Wouldn't recommend that if you're just starting out, you know?

For sure. And I wanted to ask another question. As far as the jurisdictions with the LLC's and stuff like that, would you recommend that people have a shell company in places like Costa Rica or something?

Yeah, definitely if you're trying to take offshore investors, but if you're trying to take US investors, you definitely need to have like a US entity, you know, depends again like.

How about like a Puerto Rico type setup?

So then then it's perfect because you can take a you know, the offshore entities there so.

Exactly.

OK.

So you would recommend American people do a Puerto Rico deal and then possibly have a shell company in Costa Rica or a Cayman Islands or something? Excellent. Yeah, sounds good.

Yeah, yeah, yeah, yeah.

Any other questions?

Yes, for me this was overall very informative so far, and I really have to like rewatch this episode myself to really choose.

Yeah.

That's fine. That's fine. But yeah, like I said, uh, you know, the first piece is extremely important. You know, even if you're starting out, how you're forming it and where you're forming it up, things to consider and what you're going to be investing in, you know, commodities securities and that's it. So let's dive into the second part, right, the fund. So the fund issues interest to the security piece or the partnership interest if fund is LLC.

Hmm.

Right.

Then membership interests in return for capital contributions, so limited partners in the fund may capital. Like, if you remember, we were talking about the capital contribution part, right. Like yesterday, Jesus, we were talking about, you know, how much capital the, you know, the main founders. Yeah. Yeah. So it's pretty much about that. Yeah. The percentage again is decided, you know, upon how much capital is, you know, contributed by each founder and then they get interest from the fund. So

For OK so now there's two ways like here in the US there's like two ways to set up that security piece. The first is like you know you just simply register the security with the SEC and then the second is like just find like available exemptions. I would say registering your security with C is like you know we already discussed it's very complicated wouldn't recommend it you know so I would suggest I mean as double team capital we went with you know the most common fund exemption it's it's calle

With the 506 B, yeah, and the regulatory, so the second piece, right, the where the money comes in, that's called the five or 6P and the third piece where the money is managed that's called the the D506B. It's a lot of technicalities. Again you can always Google it up, you know. So yeah, so it's considered like a safe harbor for private offering and if you only take in accredited investors or higher, you know, which I'd recommend to only take, you know, I'm going to like.

Tell you why you you should only take accredited like investors and not the qualified investors. I'm just going to you know go into that later. But for now you know like I said it's it's always better to have just simple accredited investors than you know, having the qualified investors. Those those of you who don't really know what who you know accredited or qualified investors are I would say just Google it as usual or I'm just going to just just bluntly say it.

So an accredited investor is like you know with someone who's net worth has I mean not included the like the primary residence or anything but like you know in cash or like in businesses has like at least like $1,000,000 in assets or or are they like make at least like 200K or let's say 300K with a spouse you know and has a reasonable expectations of making the same this year you know and whereas the qualified clients right they they have like.

You're saying that you gotta like double down on them so their net worth, you know, has to be 2.1 million in assets, not including, you know, their primary residence and everything. And again, it's like different when it comes to state by state like some state has like, oh, you know if you're qualified client, right? You can also qualify if you have like let's say the networks are like $1.5 million or something like that. So that's that and.

So you prefer qualified clients, right?

Hmm.

No, no, no, no. So qualified client again like I said, it gets complicated again for us we also take accredited investors because you know it, it's again it's less expensive. You don't have to do a complete like background check on them and you know they need, they don't need to like you know fulfill that qualification standards. You know, they all they have to do. Yeah, all they have to do is just you know have at least like $1,000,000 in assets or you know the other standards that's like there

You know, again you just can't like take any investor like they definitely have to qualify for sure you know, but the limitations and the qualification is like much harder when it comes to the qualified clients versus the accredited like investors. So that's the pretty much like major difference I would say.

Yeah.

Yeah, yeah, yeah.

OK, never heard about that before, but I googled it right now and now I yeah, enlighten me about that because I'm like, man, tell me, tell me what you did. Good. Thank you.

No problem, no problem. So yeah, I mean and.

So the founder formation you know based on the first piece what we were talking about now insecurities they offer to get the money. So five or 6B is like it's the safest way when it comes to you know accredited like investors and it honestly like I've seen the 506 B, it's like a like 50 to 60 page and it's like you know they just there's all sorts of like risk and how much percentage in each like like founder is going to have or like how the business expenses is going to pay it and pretty much.

What strategies you're gonna be using pretty much everything is going to be mapped out in your five or six feet. That's like the first agreement you need to make sure you have it all set up and again that costs like about I would say 60 to 70 grand. You know I was talking to Jesus about like the whole setup formation again it's going to take 50 it's it's a little bit expensive but you know it's it's it's you you got to do what you got to do so that's that and do you have any.

Yeah, exactly.

And this is.

Yeah, I mean, makes sense, right? You you have to get some money in to set it up once, but you only do it if you have the money anyways, right? It's not like you instantly do that. You just get the money 1st and then you think, OK, how can we save?

Yeah, this is like the, yeah, this is like the first expense you definitely need to make like no matter what. And we see is again like I remember Jesus was asking me like you know, is we see going to invest in a hedge fund that again I would say it gets complicated. I would really suggest like you know, contributing yourself first, you know, before if you're starting a hedge fund you know, so again your founders, if you take the help of VC, it's like they're going to be like, you know, taking li

You know what investment strategy like you have to go through, you know, so I wouldn't really recommend going through all that. I would just say just contribute yourself like hustle, bustle and then, you know, I think 100 grand would be like really good when it comes to, you know, starting your own hatch fund.

You just yeah.

M.

Yeah.

Exactly.

Yeah, yeah. No, my ideas. Yeah. I have like the idea to launch on different chains to get different funds, right? Like etherium, maybe we can get more funds than on Aptos, I'm pretty sure. So we want to get these funds allocated and then see what we do with it, right? Like invest in NFT projects like Hannibal. If you buy their NFT, you literally get a minor that mines you the cryptocurrency wherever they buy the valid data from. If they go on the theorem, you get the theorem cashed out and not s

Hmm.

It's losing its value here and there. So my idea was to be that that's kind of my hedge fund. I mean, I never really thought of hedge funds since 2-3 days. But eslin, his cofounder or the owner or whatever you want to call it, OK, he told me, man, you basically build a hedge fund here because you collect money and then you invest it in, you know, different NFT projects and coins, and that's basically it.

Yeah. And here's the thing. Yeah, here's the thing. You're in a piece as well. It's not going to be considered as securities. Like I think recently they classified all the NFT's to be token are more like a commodity, you know, like an asset, a commodity. So again, that makes it super easy, you know, you don't have to go through all those complicated legal paperwork and all that bullshit. Like you don't have to go through all that.

So, yeah. And NFTS again, yeah.

One of the beautiful things too that we ended up doing is you have to gamify it a little bit. Like if we sent you directly like an AirDrop in, then it could be a security at that point. But what we do is make it so they come on and they actually have to get it their self. So that's another way to get around.

There you go, there you go. There you go. That's a really good point.

Ohh like a claim kind of contract, right? You just said a claim contract. They claim it done.

Yep. Just like that, brother, that's there's little things like that you can do around security, stuff that you can think of. But the only thing that I'm thinking of with you with Germany, this is really slick. So you could do something where there's going to be like an entity in like the UAE or something like Dubai, like you may want to do that because that's what it looks like a lot of people are doing. And I know you guys have some stuff with the Arabs. I'm not too sure. You'll have to look i

All right, all right. Yeah, I'm, I will.

Yeah. And you guys are like maybe I don't know like Dubai or something. Dubai is really good when it comes to you know, like the tax law, tax purposes. Like a lot of people like they try to, I don't know if you heard like Bibit was trying to go to Dubai as well and just setting up their, you know, base in general from Singapore to Dubai because Singapore again I heard they were like putting like a lot of like tax issues and stuff. So they, they just, they were like oh, let's just go to Dubai, yo

Yeah, I've heard the same thing from multiple people, you guys. It looks like to be one of those.

Yeah, yeah. And I, I, I think they would do it and I mean you know why not, right because Dubai is like it's it's a tax haven so.

But do you have to live there?

OK.

Ohh, I don't think so. You don't have to live in Dubai. I mean you just have to like it's it's all about the, you know, it's all about you pay cash and you just you know, you shouldn't be able to. Yeah, yeah, comes every money buys everything. So yeah, that's that.

Let's go to Dubai then.

Yeah.

Cool, nice.

Cool, cool, cool. So let's talk about the second piece. That's the, that's the money management piece. OK. So if you remember, no, sorry, this is the third piece. Money management piece is the third piece. OK. So if you remember the second piece, you know, it's like, you know, getting the money and then you know, the third is like putting the money to work. So when it comes to crypto, acid hedge fund, I would say crypto assets in general, you know, the world is you know, like the world is like t

Still struggling with you know how to you know regulate these assets and I don't want them to be regulated but you know they're just government they just try to regulate everything so that's a different part so but it's clear that the SEC is taking the position and you know that's just about every initial is CEO is a security but things like Bitcoin, etherium you know the well established coins that are heavily traded on exchanges and are you know you know it's like flipped I would I don't want

Lived. But you know I'm just gonna use the word flipped around the world and have utilities, you know, outside of the ICU context. So where you know, where people are just they're just, you know, going to want to get money and people are just buying a coin to do just exchange trades and that's it. Eat again. Like Etherium again, you know is something you can build off of like like smart contracts in general. And there's a bunch of things you can do with etherium, right. And this is when the NFT

I I think you might want to like explain a little bit about, you know, how you want to get funding. I think you know, I mean more like what you want to do with the funds when it comes to your app.

Yeah.

Hmm.

Mm-hmm.

Yes. So it's uh yeah web three to the people that don't know too much about it. You have now new options to make money here. And one thing and NFTS is if you have a really good project, they give you also more than just a picture. So for example if you have ad got a dead God, it also gives you that. So by having this NFT it gives you also daily cash out options and probably the price goes up.

Really like, is it like really daily?

Well, OK.

Hmm.

Yeah. Daily. You get it. You see it rise every second. But yeah, yeah, no, you can like, um, yeah, I I had a they call him blacksmith, but they changed them to Smith and that that was the same principle. You just get forged and that forge was at some point even more worse than dust. So this principle works. It just the team has to execute and bring the value of these coins kind of up. And that's hard. So what Hannibal does, So what we're going to support much more instead of creating our own.

One, they just pick pay you in the token where the collection is on. So if there are any theorem, you get the theorem. That's what people want anyways. Like if I'm a hedge fund, I want that etherium and I want the NFT because an NFT is literally doubling down on the blockchain you're on. So if I'm on etherium, if I buy NFT's you really believe in Ethereum because that's like leveraging so like 10X on etherium because and if these can also go much higher because they are.

Hmm.

Much scarce. Like for example, our collection, if I launch it at like 3 K, 4K collection, that's not that many people to buy, right. And especially if if you have some money, you can buy more than one. So in that case the price can skyrocket. If you have a blue chip project and everybody knows from the stock market what a blue chip projects, it's where a lot of people also talk about it like bigots. We talk about it right now. That's blue chip potential. If a lot of people talk around it, that's

M.

Good sign into blue chip. If you can build a blue chip around your that's literally a brand right. Aptos turtles slash turtles. This is a brand. And if you put your heart into it like we do right now with the podcast here where people listen in to later all around this, this is the face later and I believe that wow, this, this is a big future and this is so new that most people don't even know what we're doing here. I mean we too like yeah. Yeah.

Exactly. It's it's like less than it's it's like less than 1% of the population. I mean how lucky you can be, right to know the web three world.

Exactly. Look around you and your world. Like what? What is with your friends and family like? Who has NFTS or crypto?

Pretty much no one's pretty much no one.

Yeah, crypt domain here and there, but that's.

So mainly I mean my parents like, I'm trying to like you know, introduce them to crypto. But like NFT is again, it's, it's completely new. And my dad's like, you know, what is an FTE? My mom's like what is an empty, you know, that's something like they do understand it right now because, you know, I mean, you know, babbling about it like all the time.

Anything.

So.

Yeah.

Yeah, it's crazy. So yeah, we.

It's crazy, you know?

We are early, but that means also we have big potentials because right now the market is so bad that if, if the market is just better, I think we look, we are going to be in a much, much different position than today, like in a year from now for example. If we listen to us again, my God, I just hope for one bull market and everybody will be happy.

Ohh, you remember what I said of the old quotation. You know billionaires are made during the bear market.

That's true. That's true.

That's true. That's true. That's true.

And.

So yeah, good.

Yeah, I I just thought of like Honeywell a few also some spice to it because they are they like his partner literally has a platform or could you go deeper into that where you can make trades in the community can see what trades you're doing kind of.

You did, but it's OK.

Yeah, we got a bunch of different stuff. So we build out a platform that basically is like a coin base. So we do have an exchange. We know like John Najarian from like Voyager and he knows a bunch of guys like that, know Kramer on MSNBC and stuff. So like these guys are high level. I've sat at tables with them talking about dark liquidity pools and shit, which I'm sure you know what that is, Selena like that kind of stuff. Or Celine. I'm sorry if I butchered name, but yeah, no he's listening to

Owners because they've seen not only like 1 bull market, but multiple bull markets, yeah.

Yeah.

Yeah, pretty much. I mean, I've traded. I've traded like since 2013, and I've seen Bitcoin like like $20. I'm not even kidding, you know? And since then, like.

Yeah, right now it's not down totally. You're like, this is still good.

Yeah, yeah. I'm like, I'm like seeing like, oh, Bitcoin is this cheap. I mean, you know, like like market emotions for me right now is like, this is the best time to buy Bitcoin. Like, I don't really consider market to be completely bad right now, you know, because I I I look at this like an opportunity instead of, you know, oh, everything is just going to zero, you know?

It's time to go.

What's your OPS?

That's what islands over here. Yeah. You want to buy? Bye, bye, bye, bye.

Yeah.

Yes, I think the same. I mean we're all here on the same boat kind of, I mean maybe it goes a little lower, but dollar cost average, right, like just because it's cheap and this has a foundation and more people adopt to it the matter versus not even out yet. This will all grow and wow and NFTS will play a major role. And so that's where I see my.

We are very, very early like you know, if you.

Those turtles and if you look at you know, my you know motives for example are like the moonbow Voyage Club for example. We are pretty much all early and we would be like you know next five years we would be like known as, you know these are the OG NFT groups. These are the OG's you know, that's that's what I see it as.

Like later. Yeah, yeah, yeah, yeah.

Actually, that's what I thought I actually meant.

I survive it in five years. People say like this though, Gee, the web two companies will come to us because they know we have proven records of, you know, successfully stay alive in all these markets and make a big stamp. Like, I mean what APR club kind of does, right? That's what my goal is this kind of.

Yeah, your club is definitely, yeah, the reason, the reason why they were able to do really good is because they started early. They were like pretty much the OG's and like they were there, you know, they were just there like when all these NFT was not even like known to the other world.

Yeah, look at this. We got some in the house. That's amazing.

OK.

So, yeah, also thank you for all the listeners by the way for listening in. Really appreciate it that you guys are also interested in learning stuff about crypto and hedge funds and overall all the legalities and the markets. I mean, right now we're talking about being motivated in this market where other people are crying, you know, and are bleeding very hard. I think life is about mindset and this is the winner mindset where you don't like get destroyed.

Yeah, true.

Ohh.

A lot of yeah a lot of like a lot of condolences like to people who lost their money to FT XI feel bad but at the same time it's like you know they say that you know not your keys not your crypto right. So you got to be smart about you know where are you, where are you, where are you like store your assets and you know like I honestly like I have made mistakes as well I'm not a perfect person. I have lost like I I you know I lost like my phone and it had like pretty much like this wallet and I w

2019 and I lasted in Korea. So that was one of my major like you know kind of like downfall I would say, but just I learned you know that never ever ever store, you know in in like normal wallet you know.

So.

Look at this Iceland joint.

Hair salon.

This is the the legend that has found it some time to join in. I really appreciate it.

Yeah. You have to go out here. Go. Hell yeah.

Ohh yes, the whole squad is here. Thiona also wow.

Coming up the numbers.

So nice you guys. Yeah. So it's so nice you guys, you know, tuned in today. It's going to be really, you know, informative, you know?

Yeah, it's also recorded. So yeah, we we covered a lot of topics in the beginning. Also on Asland is up for speakers, so hello my friend.

Oh my God, I wanted that you connect with Celine. Oh my God. Now you guys on stage.

Yeah, go ahead. I would love to hear you guys.

Let me get my Bluetooth together and I'll be right on.

Go ahead, bro.

Let's go. Yeah, man, this is so fun to connect. I mean, I met everybody in spaces and that's where we are right now, so I really.

So cool people like, you know, you guys are so cool. Like I love like sharing ideas and just, you know, we it's this is a place to share your experiences and failures as well.

For you and for everybody that doesn't know, Celine is like a very good trader, right? Like she, she was ranked in the top ten kind of, uh, I don't know, top traders on the platform, right. It was not in the world, just on this platform, right, which platform?

Ohh, it was like global actually.

Yeah, and.

Ohh OK yeah. So she's globally really good, good trader. So uh and we gonna do them from Monday till Saturday, those spaces. So you guys just TuneIn.

Every day. Every day. Yeah, every day we.

Thing about I I would love to share like my past experiences as well. Like you know if you remember the 2018 crash we had like back in November and December same time you know it's it's pretty much like I would say like based on my past experience a lot of like crypto markets they kind of tend to repeat itself. So this year is a lot like you know a lot lot like 2018 charts like there's lots of similarities and chart patterns I could see like from 2018 you know.

It sounds like we.

And tomorrow is Black Friday, so yeah.

It sounds like we have similar experiences. I I got in the Bitcoin under $2.00 and I lost my keys, so that's kind of something that inspired me to keep going.

Yeah.

Oh my God, same thing, same thing, same thing, same thing happened to me. Like, I I honestly, like, I've lost my wallets like twice, you know? And I'm not going to make it happen like a third time, but you know you learn, right?

That's right. Yeah, I had over, uh, you know, $100 in Bitcoin at under $2.00. That would have done something.

Back then, yeah, imagine like 400, you would be like able to buy about like A50 Bitcoin back then if like with the Bitcoin was like $2. I mean, that's crazy, you know?

Exactly.

So can you uh, ask an explain a little about your platform you have because I think that's something very interesting with also, you know get the transparency to that.

Yes, um, so we've Hannibal and I've designed many platforms all the way from like 4XT54X platforms and this one that we're working on right now, I don't know if I'd call it a platform, it's it's more of like a a utility asset.

We're actually what we're doing is we're.

Raising out so all of our Mint funds goes straight into a validator.

And that validator obviously is is locked up for a year. So there's your security and it pays rewards to all of the holders that are involved in the staking protocol. And basically what we did like like almost like a bond, there's a premium and that premium goes into the validator and it and it feeds us sustainable compound rewards.

And what we're trying to do is use these as Treasury notes. So when these new NFT projects start launching, we want to back their treasury so that their asset back.

Crazy. That's really bullish.

That is really crazy. Wow. We built, you know.

Yeah, I I don't. Yeah. I mean if if you think about it, you know all these all these people are doing these NFT projects and they want all this value attached to it. But at the end of the day, why are we doing it with IRL businesses when we should be doing it with the blockchain using the validators? And you know, if if everyone, all of these NFT projects were to put their funds into the validators, their crypto prices would be way different because the validators are what props those prices up

Yep, much, much better. The price would be higher because you have more stake, right? So yeah, obviously that would help the ecosystem, but what do they do? They buy lambos? Fuck.

Yeah, and and all of our, all of our funds would be like very transparent on the blockchain. You would never have to worry about a rug because it's staked in there. It's not like we could take out the liquidity and completely destroy our ecosystem.

Yeah.

Yeah, that's crazy man. And yeah, silly. This is kind of you know the people I I'm gonna tight network with and sweep the floors and stuff like that because then I'm getting so much value from the NFT's and the value will go up from the NFT because the treasury will go up and kind of see like the Treasury should represent the floor price. So I'm pretty bullish because then I have like you know my assets and some we keep, some we sell, but we definitely going to keep.

Exactly.

Many of those. So I'm very bullish on projects like those that really care on the long term because that's what hedge fund should care about anyways, right? Not just the quick flip you want to see everything the law.

We, yeah, we don't want, we don't want like, uh, like a random sellout. We care about like building. I mean, it's cliche, but we do care about, you know, long term but like long term relationship, right?

Bullish in building?

Very bullish, very bullish also because NFTS are just also combined with art. You know, like we checked yesterday my collection a little through and a little is good. We watched a little through a lot and really it's like you see art and it connects people. Just, you know, you can post it on Twitter, people think, wow.

I could tell. I could tell like you. You're.

Energy wise like I could tell Jesus was like like you know it was he was obsessed. I don't want to use the obsessed in a negative way but I want to use it in a positive way. So he was like pretty much obsessed with his you know collection and I I I honestly like I was like Oh my God this is the connection you need like the the collectors right they would be able to connect with their PFP as well in terms of energy and also like you know in terms of assets as well so.

So since since you do have a financial background.

I've been, I have a theory that, you know, March we're going to be looking really good in March. I actually think we might actually be as a as a country be going deflationary instead of inflationary.

Um.

I actually agree with that because, uh, I was telling Jesus the same thing earlier, that we would be having this tip a little bit longer. You know, I was actually expecting like a dip earlier, but I didn't know that the FX drama was gonna cause like a further dip dip for Bitcoin. I was expecting it to go like about 18K and not all the way to 16 K so yeah, it did go to 16 K Now, but I do can see that, you know, January, February again a little bit stagnant, But yeah, March is going to be a really

Because this year March was pretty much bearish, you know. So for the next year, yeah, I do see.

Little bit deflation going on and you know start off another bull run, you know.

Hmm.

Hmm.

So I, I, I've been looking at a a few analytics and the one that I'm looking at right now is actually the fuel prices. And I believe it was March when the fuel prices were about $120.00 a barrel. So if we can keep these fuel prices down coming March, you know, we're going to see a huge deflationary number and we should see the markets literally just go straight up at that point if it already doesn't. Because I mean the markets are six months in into the future and right now we're talking about s

Us so you know, this may be that ultimate capitulation point right now.

I completely agree with that.

Yeah.

Well, that's nice to hear both the well, it's just wow that both people that have so much experience in this place agree on the same thing like you could.

I did. I did actually. You know, I don't know if you follow like trading view. I do make like regular post as well there. My name is like my past name used to be like Tiger JK like that was my past trading name, you know, so I used to trade under that name and you know, I do post to like a lot of ideas, you know, on the trading view as well.

Alright, I got another one for you. You ready?

Yeah.

Alright, so I am following the FTX thing obviously and the first thing I did when I heard that happen is I started buying shares of Coinbase and then it dipped a little bit. I got some options, but this is so Coinbase just came out, announced basically transparency that they are 50% cash and 50% crypto and if you were to go back at the the peak of the bull market during Umm, let's see Robin Hood's fallout, right?

Yeah.

The the SEC made some regulatory remarks saying look these exchanges need to be half cash and half crypto in order to back the assets. So what my theory is Coinbase was not have cash back then and now they are. So if you think about that how much crypto did they have to sell in order to arbitrage the half cash right. So that I think that actually triggered off the bear market and then now they're they're.

Going to be transparent that there have cash, which I think is a signal that Coinbase is done selling the crypto that it needed to sell in order to get to where it got. And now we're on A at a whole nother level of a new foundation.

Very, very insightful, very, very insightful. Yeah, I do agree with that as well because I was looking into coin base and there's a lot of like theories and you know this is going on, that's going on. But I do agree with what you have to say with you know Coinbase like just just done being selling you know and again that's why another reason why the bull market is pretty much soon in coming and I do think that this is pretty much like the last dip we would have. We might go a little bit further

That's that, you know.

Yeah, let's not keep it too long. Yeah.

Alright, alright, alright, nice. So do you guys have anything else around that topic kind of you know, crypto hedge fund because we want to keep it not too long these episodes and kind of run the topic. Yeah, just so you know, it's better keep it crisp.

I would say like another thing we have to like keep in consideration like obviously the fun formation the partnership agreements and all that documents and everything. You know another thing you can look into is the auditors like you know auditor again is very important to pick. We have KPMG as our auditor, they're very traditional. You know we also got offers from like the crypto auditors but we you know we chose to go with KPMG just because they're really like you know they're very like experi

Yeah. And then another thing is the administration, like the trader and that's it, you know, these two, I don't want to like go like you know, deep in those things. But yeah, those are the last things you need to like, you know, make sure you're picking the right one because it's, it's very important, you know, when you're because it's like if you make a mistake now during the first initial launch, launch like later, it's going to be a little bit difficult to like just change, you know, all your

You know, during the initial launch, so.

Yeah.

Alright, alright, alright, so.

Hannibal Eslin do you guys have anything else to add for the topic? Legal considerations when launching a crypto hedge fund or?

Yes, that's the best thing I could say is find yourself a CFO that's got some of the securities license. That's why if you do get into some area that you're not sure about that they just don't even matter. You just point at your boy, this guy's got the license, we're good to go.

Hannibal, maybe you should, uh, tell what? Uh, Celine, we should tell Celine, who's on our board of advisors.

I did. I don't know if she knew exactly what I was talking to mom here, ranting about Cramer and shit. You know the crazy guy on TV tells you to buy when you shouldn't? Yeah, we know people that know that guy.

Yeah.

Ohh yeah. The influencer. Yeah, yeah, yeah. I I don't. I don't like that guy. Like, I'm like OK, whatever.

You wanna check it out? We got a guy that's actually the good one of them, and his name is David Sieberg and he is really close to us. We love him. He's like such an awesome person. He's he's on our Board of directors. So like it literally. Aslan's got him on a phone call.

Wow. Is he on like Twitter or something? I would love to like, you know, just reach out to him and just, you know, connect in general.

Yes, he is. Uh, David Sieberg, uh, he was uh he was on CNBC's fast money. He would he would talk about like the option strategies with John Nigiri and I don't know if you know who that is, but yeah he's he's close. He actually lives in the same town as me and we we have like local meetups a lot.

That is cool. That is cool. That is cool.

I mean, it's been insightful, you know?

Wow. So yeah man, I loved it.

That's what I meant. I have you guys have to just meet uh now look at this the next. I just met her yesterday guys. So this is very new, but.

We're we're like me and Jesus. We met yesterday and we're like already like, I I feel like I know Jesus for like years now. I mean, we're like talking for hours.

Yep.

He's got great energy and and you're gonna be a huge asset.

Very, very great. Yeah. Great energy. Yeah, I could tell.

Yeah, I think she will be. Oh my God. Like, look, she said already she can help and she we make like these spaces right. Which this is so much value. So yeah, she will be a great. She is already a great asset right now, right. Because we have daily shows. That's guy with all the knowledge. Oh my God. Yeah.

So we we have a boss lady space coming up at the beginning of December. We would love for you to join.

Ohh for sure.

I wouldn't think about that. Great idea, yes.

Thank you. Thank you. I would love to join that and you know I've actually I'm not like the great speaker and I've always like tried to be like a hidden hidden, hidden all the time. My husband actually he's the talker of the, you know of our company and he's the one like meeting all the investors and I I barely go to conferences.

You know, but like, I just realized that I gotta like, you know, try to put myself out there and just share my experience. So thank you guys.

100% excellent. You want to say something because you're.

No, sorry, my mic was on.

Perfect. Yeah. No, this is really great. So look at this. I got eslin, Celine, I mean, one week before they heard me in attack saying so and stuff, and I said really something stupid, like I'm not too good with money, you know? And after that moment, it just went up to meet all of you guys. Like, yeah, I can help you. I can help you. And now I'm now I'm getting polished. And the next time some people see me in the Shark Tank, they won't say that again. So, yeah, thank you for everybody like esli

Yeah, same time.

All also everybody listening really appreciate it and we do this daily. So tomorrow, same time maybe we do some, you know, spaces in between here and there if we feel like it, but that's for sure. Daily and nine, you know, 9:00 AM central, 10:00 AM Eastern.

I don't know. I don't know. I don't know if you guys are like interested to talk about like spiritual, like I don't know because you know when I trade, I actually like you know, have like I don't know like Jesus is like more, you know, talented when it comes to like the spiritual talks and stuff. But I would say yeah, every time I trade, you know, I tried to channel like my new energy and you know, I've, I've, you know, I've actually like I I don't want to like you know, lie but I'm just saying

Since then, so that's that.

Bullet police you know, spiritual. I would say we always do that in a different kind of topic. You know like then it's a spiritual thing combined with a little web three. But right now obviously not. But yeah like I know as soon as surely interested in spiritual topics like me. I don't know what Hannibal maybe he could if he would listen in and just is open to it. Because I think if for example I explain my point of view I can dump it down to people that they may think man I never thought of it

So maybe open some ice for people you know, that never just thought of different topics and like, OK, let me maybe Google it, then make it deeper research. So yeah, we should do that.

Here's here's my spirituality in this space right now. Like, it's very hard to hone in on it because it's a very material world. But at the end of the day, I'm sacrificing the pain that I have for for not being as spiritual as I want to be in order to help this space become sustainable. Because if we can make this space sustainable, we could really help a lot of people.

That's my spiritual part in this game.

100% hundred percent, 100%. I do want to talk about a little bit about sustainability as well. So apart from you know, just doing my hedge fund, I also like you know, run another company. It's in Korea, it's it's like, you know, vertical farming and do a lot of like agriculture. We use nanotechnology to you know, enhance the tree growth and everything. It's like 13% faster. Like you would be able to grow like a bunch of stuff up if you remember like like avocados like they take.

This is a little off topic but it's avocado. Like they take about 9 years and you know through nanotechnology like I was able to grow the avocado tree for you know and in like less than a year. So that's again, you know, I want to you know bring in as well when it comes to sustainability because a lot of like you know, it uses like a lot of risk, less resources and you know, same thing we can do here as well as you know, trying to enhance a lot of like you know if you look at the lightning right

Sustainable, you know, I would say measures that's being taken through can enhance the speed and everything. So you know, that's that.

So yeah, that's a topic for itself right here. I mean, wow.

It's a topic for itself, yeah. Sustainability and nanotech.

Yeah, that should be old podcast episode, right for that. Because yeah, remember we, we have this like an episode kind of thing for people listening. They think, OK, we talked about 50 topics. I mean, we could, but I think it's just better we organize it because we want to do daily. Then we have a lot of topics to cover, you know?

Yeah.

We have a bunch of topics to cover. Oh my God, there's a lot to talk about.

Bullish. Bullish. Bullish.

And yeah, I'm, I'm, I'm bullish on the future for sure. I mean, the people are important. The people are important. Look who I saw.

Yeah.

People are important. And. Yeah, and the connections you made, like I'm so like, I feel like, you know, I'm like high energy just by talking on this space, you know, like I'm able to absorb all these positive energy from you guys.

I always say that, man. It's like if you watch TV, you kind of feel shitty because you like you see all this trash news and yeah.

I don't. Yeah, yeah, I I stopped watching TV, like, years ago. I stopped. I'm like, I'm not watching movies. I'm not watching this. It's just draining all my energy into that, you know, like unnecessary and entertainment. And so what's the point, you know?

And here, you know, if you're good, you just feel good after spaces you like, OK, wow, that was refreshing. These people have a nice vibe. I just, you know, feel, feel, feel nice listening. Sometimes I don't understand what they're saying. Like, I mean, I have to relisten to this space for sure, because I sometimes did not say what you said. But that's fine as long as if you're good.

A little technicalities. Yeah, exactly like it's, it's a little technicalities. But you know, as long as I mean again there's no one to judge you, we're not showing our faces and stuff like there's you know, you can be yourself, you know.

So, yeah. So everybody, uh, thank you for listening in. But like anybody who wants to give like a last word to this, feel free. I really appreciate everyone just hopping in. Yeah, we, because we haven't turned around like one hour going and I think if we keep it around one hour, like 5 more minutes Max. Yeah.

That should be good. Yeah, yeah, yeah. Should be sustainable.

Yeah, when I was doable. So yeah, Hannibal, eslin, if you guys have anything else to say, feel free to stage is yours.

That was just a pleasure to meet you too. We'll stop by and chat more often. I definitely think that Aslan and Celine need to have a more conversations. I would love to be a fly in the wall for that.

Perfect, perfect. So I will see you guys later. Bye, bye.

Yeah, let's rock this place and see us tomorrow.