Web3 weekly: Nike's 2024 plans, Starbucks Odyssey and airdrop updates

Transcript

hey Kai what do Nike Starbucks and Yuga all have in common I don't know what they are all opening to the public offering onchain stuff for everyone in 2024 and in today's rollup we're going to discuss Nike's big 2024 plans how you can get into the Starbucks onchain program and yuga's first play to earn mobile game that is available for everyone gmgm welcome to web 3 Academy your one trusted sour to capitalize on the next big phase of the internet we are here to make sense of an onchain World in constant transformation I'm jbird along with my co-host Kyle reidhead and we believe that glow dollar

is going to change the world this is one of the big topics we'll be talking about today which is we've moved our treasury into glow dollar and if you don't know what that is actually we had them on the podcast a few months ago so you can check that out but we'll talk all about what that is and how we're helping to end poverty we're going to talk about the salana Saga to two phone that's coming out version two I don't know if the phone's actually different but they are launching more we'll dive into what they're doing of course they have a point system with it just like every other application in this space we're going to talk about all the things going on in airdrops and then we've got a bunch of the agrees disagrees because there's some really really good takes up going on in the in the Twitter world the

X world I guess so we got a lot to talk about today oh and Franklin Templeton one of the biggest asset managers in the world top 20 they spent an hour just dejting out on crypto on Twitter yesterday we're going to cover that as well so good stuff going on but first let's take a deep breath Jay before we get too excited I know you're so bullish what are you grateful for today ah deep breath that's ni I yeah I am very grateful for winter it is fullon winter where I am right now minus 30 last week I'm not grateful for that that's way too cold but we got a lot of snow right now which just love it love all the snow it's great for the mountain I get to go snowboarding although I did hurt my back so I haven't been snowboarding in all

recently but I just love this time of year when there's snow everywhere my dog loves it it's beautiful outside it's magical it's a good time of the season so grateful for winter Kai what about you Beautiful well I mean I'm grateful for buen Aries in Argentina I've been here now for two weeks I actually spent the weekend in Udu because you can take a ferry takes one hour and all sudden you're in another country but I like boner much more and so I'm grateful for bonus it's a beautiful beautiful city the people here are amazing super nice and it is so damn cheap I like go out we went for a steak dinner got a Tomahawk Steak yesterday or two days ago and tomok steak with all the fixings with it like everything like we couldn't even

eat close to this me and my girlfriend and it was like $23 for the whole thing and oh a bottle wine bottle of wine $6 I was like what that's half the price of a glass of wine in Canada it's unbelievable everything is so cheap here and it's great I love it but it's it's just a beautiful the amount of cafes like today we had to make our own coffee CU like we've literally gone out every single morning and got multiple coffees each day from different you can choose a different Cafe every single day it's unbelievable so anyway thanful for bonus got another couple weeks left here fantastic love to hear it okay before we jump in just a quick favor to ask everybody if you love our podcast and you want to help us bring more people on chain during the Bull Run please gives

us a subscribe a like a follow on whatever platform you're on even if you want to go the extra mile throw us a review it's a huge help for us on the algorithm and gets us in front of more people and as always if you're not already subscribed to our newsletter make sure you subscribe so you're on top of everything that is happening on chain every single day actually the more people that come on chain the more your bags go up and so the more that you give us reviews likes subscribes all that stuff and the more that we can get a bigger megaphone and get in front of more people and help them come on Shain better bags will do you're welcome and thank you that's same time it's true can't deny it okay as we always do we start off with a market watch but Kai I

know you did an awesome market watch earlier this week give us just a quick overview what's going on in the markets yes so if you want to more detailed review of the markets on Wednesday you can check out our YouTube or podcast I came out with an episode just looking at where markets are at right now what I expect over the coming over the coming year talking specifically about Bitcoin ethereum salana as well as Celestia Tia so a deep dive on all those things basically the reason we're going to just shorten the market watch today is I don't think there's much going to happen over the next little bit I think we are at a point in the market where things are just going to remain stagnant we might see some ongoing pumps in E if it starts to catch a bit around more rumors

around the ETF if that starts to Hype up but I think we might still be a little bit away from that we'll see and then obviously IP 4844 but that's still next month so just now it'll take a bit for demand to come from the Bitcoin ETF which I also talked about in the last last episode and I talked about why financial advisers need to go golfing they need to bring their clients to restaurants so they can whine and dine them it just takes time right to start educating your clients about the ETF and why they should invest in Bitcoin so all all that demand's coming like we've been talking about in reality it just takes time because in the real world what these people are doing is they got to go whine and Dy their clients and that takes a little bit of time so anyway for

more of my theories around everything that's happening go check out that episode it's a good one there but let's dive in we got so much to talk about so let's just let's just keep it there unless you have any other questions Jay and otherwise let's get into into more things happening no I love it let's keep rolling along before we jump into the first news item though I just want to ask everybody a question and that is did you get the Manta airdrop we've been talking about the Manta airdrop for a while we're going to give you a full update on what's going on with the Manta airdrop later in the show during our airdrop like it's hot section but I want to know if you're listening on Spotify by if you got the Manti air drop Kai loves my new name for the airdrop

segment did you come up with that or was that chat jbt no that was tal tal op guy came up with that new air drop like it's hot but did you get the man air drop I want to know if you're listening on Spotify there's a poll and let us know okay you damn well better I've been calling this thing out for months okay even tal actually goes oh I missed it I didn't put enough in I tried to do it yesterday I was like dude I already told you guys it was way too late and he works for us so that's crazy but hopefully all you guys got it okay first up Jay first up is very exciting news this is news for us at web3 Academy and that is that as Kai said at the top of the show we have taken $20,000 from our Treasury and put it

into glow dollar what is glow dollar glow dollar is a USD stable coin that takes the interest that they earn from the stable coin and puts it to good causes specifically they put it towards helping pull people out of extreme poverty and by putting $20,000 in glow dollar they estimate that they will be able to take $480 every year and put that towards the good cause as a result of that $480 they estimate they can pull one person out of extreme poverty every year amazing so many people around the world are worried about what are the real use cases for crypto I hate that so many you are

always at but what's the real use case it's just meme coins it's just shitcoins no no no here you go here's a perfect example of a real use case that makes a difference in the world that makes the world a better place and on top of this when we first committed to this which we actually we asked Twitter if we should do this after an interview with glow dollar and Twitter said yeah you guys should do this so we said okay we're going to do it and then rain cards committed to matching us as well so $40,000 have been committed two people pulled out of poverty every year if you have some stable coins sitting around recommend throw some into glow dollar and feel good about how you can help make a difference in the world love to

see these new creative ways I mean we've talked about yield generating stable coins previously with like Mountain USD but instead just donate your yield and help make the world better place couldn't think of a better idea so really pumped and excited to to be a part of this and also join the cons Consortium is that the word the glow Consortium Consortium so we're going to be a part of that alongside getcoin and many others I just sort of helping glow dollar expand and become something bigger and bigger within the ecosystem next up Nike made a big announcement on their 2024 plans Kai what's going on here yeah so many of you have heard of hopefully have heard of do swoosh which was Nike's sort of venture into web 3 and they did a great job of this last year you could buy an identity and your

swoosh ID and then also you could a certain amount it was closed to mainly people in the US but there was some others they started to open up but basically you could mint certain shoes certain digital shoes and then they've done some they've played around with allowing you to actually get physical shoes from this they've doing some merch and some other cool stuff but and they've had some connections and Partnerships with was it fortnite not fortnite fortnite uh was fortnite yeah fortnite EA Sports etc etc so we've all been wondering like what's next what are they really going to do here right now we just have these cool looking nfts you can get some shoes whatever what's next and they put out their road map last week and it's actually some pretty cool stuff so this is what's actually going to happen this year so that's really

cool the first thing is their focus on Nike in-game wearables they want to extend this out to actual games so one of the things we think is going to happen here is with their partnership with EA Sports It's likely kind of what they're hitting hinting at anyway is that you're going to be able to purchase virtual products likely just shoes but I'm sure they'll have some other wearables as well which will be in the form of an nft and you'll be able to actually wear them in your game so imagine you're playing FIFA I think FIFA has another name now FC 24 is what it's called Madden you're playing I don't know NHL imagine they did skates but whatever it is and all of a sudden you can purchase in-game like clothes or in-game shoes and actually wear them and those are being powered by nfts on top

of polygon that is super super cool it is a way that you know they're doing it in a way where you don't you know need to know about metamask and you don't need to have eth Etc you can do it all like with credit card Etc it's a great introduction and they'll start to be able to show some things that you can do with it so excited to see them go further with that I mean EA Sports is massive there's I don't know millions of people playing these games 700 people 700 million across all their games across all their games across all the a sports games that's amazing so this is it right like these are the things that we want now I'm sure they're not going to Brand them as nfts and that's fine which we want that's what we want imagine 700 million people using FTS

they don't even know it that's exactly what I want to see so anyway super cool there but they're doing much more than that they're going to double down on I hate this word but they're going to double down on digital items so basically the ability to sort of blend your virtual and your physical offerings whether that's you know you're buying something in the digital world and then you can go and actually create it and have it in the physical world so you can get the sweater get the shoes whatever and so they'll do a lot of community building around that around creating these products and actually getting them in the real world as well which I think is super cool the other thing that I really liked is two things here around self- custody and around the nft marketplace so right now you don't get

to custody any of the nfts you have through it's all on their closed like server however they're they're doing it but what they said is that in 2024 like in the second half they're going to open this up so that you can actually move your nfts out of the swo wallet and into your own metamask wallet coinbase wallet whatever that is and then you can buy and sell and trade do whatever you want with them there so they won't open up their own wallet to be like a web3 wallet yet but if you want to use it you can still use their thing but if you ever want to just like take them out and cuss themselves you have the ability to do that which I think is that's the choice is what matters right so really cool there and then they aren't going to

launch their own Marketplace like some people were speculating on but what they are going to do is partner with an existing marketplace now we don't know which one but what they said is they're going to partner with marketplaces or a Marketplace which ensures Creator royalties so their focus is around ensuring that the creators of these will get the royalties now that's not Nike themselves getting the royalties but those who are part of creating these shoes and these designs through their creator Studio they will get the royalties which I think is really really cool they're trying to position that and so potentially they partner with rable who we've had on the the podcast a few times or ulabs is launching a nftc Marketplace which ensures creative

royalties as well so maybe it will be with them because we know that that's launching at some point this year so we don't know could be either those maybe there's something we're missing but those are the two like main ones that have focused on Creative royalties so either way we're really cool to see and um excited to see one of the biggest brands and most known brands in the world go further into web 3 Because as we're going to talk about later in the show there's big Brands big companies that are actually falling out of web 3 and pulling out so Nike continues to push along and we'd love to see that and so does Starbucks which I think is what we're about to talk about next Jay is that correct that's correct so Starbucks also has had their program going for probably as about as long as Nikes do

swoosh's program is going for but similar to Nike do swoosh it's a closed ecosystem right now it's in beta you have to get an invite code and this week they have started to open up to the public now you can't go to their site and immediately get in you still have to go to their site and join the wait list but if you go to their site and join the wait list I don't exactly know how this works depending upon where you live certain I wouldn't be surprised if this is restricted based upon certain geographies I joined the weit list and pretty soon after within a week I got an invite code in so I think it's headed in this direction of being open I also heard from our friend tan I've got an article up on

screen that he wrote recently that he is just a Starbucks Rewards member he's also a member of The Odyssey program but they're not connected in their system right now and for being a Rewards member he got a push notification to his phone encouraging him to go join the Odyssey program so they're clearly opening up now Tan's in the US so my guess is they're focused on the US market but then we also found out that Starbucks this week announced that they're going live in Korea with the Odyssey program so they're also clearly picking certain geographies certain test markets remember Starbucks one of the largest brands in the world has stores in I don't even know how many countries but

they're all over the world they're clearly going Market by market as they open up this also for Starbucks lines up with the launch of their first journey of the year one of the most powerful things about onchain loyalty is the way that you can gamify multiple actions and string them together in what Starbucks calls them Journeys but we've talked about this when we talked about Lanza's upt trip loyalty program which also does a similar thing where you have to take a few different types of flights together in order to complete a a a journey ass eventally so Starbucks first journey is has launched and you can get in if you

join the Starbucks program you'll be able to do this journey and basically smart for Starbucks this journey takes a year to complete and so they keep you engaged for a full year essentially as part of this journey you have to go into Starbucks once a season winter spring summer fall holiday and buy a drink to celebrate that season that really connects with Starbucks brand they're all about celebrating the season if you're in a Starbucks store in around Valentine's Day it looks like Valentine's Day in the store if you're there around Christmas it looks like Christmas if you're there in Fall it looks like pumpkin spice latte season so you can see how they're really connecting their loyalty program onchain and their brand and the experience that

people are used to experiencing and they're just heightening that with a better onchain experience so really cool to see if you haven't joined the Starbucks loyalty program I recommend you go to their site now and you can actually just try to join it's possible that you're able to join immediately I think that a lot of Americans in my guest are able to join immediately if you can't join immediately then it tells you and you have to join the wait list and I think you'll get a code pretty soon after yeah makes sense they can't open it up fully they probably want to if if they put a push notification out to their hund and was it like 100 and something million or 30 million users is it people yeah 30 million is their reward that' probably break the internet if they did that or at least break the

blockchain slre break all their servers and whatever they yeah but good to see this is great Nike and Starbucks all pushing forward in 2024 this is exactly what we want okay next up salana Saga what's going on with salana Saga Kai a wild story so as we all know we've touched on a bunch that the salana sea phone the mobile phone sold out over the last few weeks because a bunch people were trying to fire air drops and the phone was a great way to do it and it actually made your phone free so a bunch of people bought the 20,000 that were available then a week or two went by where you couldn't buy anymore and we weren't sure what was next and all of a sudden they hinted on the 16th of January that or the 15th of January that something was coming so we

said okay probably more phones well that's the case salana Sega 2 is happening and they are launching 100,000 more phones interesting about this is so it's 100K but they also have a point system that goes with it so the phone itself by the way is $450 so super cheap compared to most other phones and what's interesting is you can sign up when you order it you can also then get a referral link and if you share it around you get additional points and then there's other things you can do to get more points same with like when you're getting points from I don't know putting Capital inside of like a defi protocol you can get points right now like communo points that we've talked about a margin F so same idea but with an actual Hardware like device like a phone so that was quite funny and then just I

think a couple things there's been some confusion around this people are like oh it's just a cash grab like they don't really need to do this so why are they doing that like why sell 100,000 more and I think there just a thing a couple things I want to clear up one they're not making any money off this it costs $450 to make the phone so they're like probably just break even if that because then you got to pay for the marketing and the team and so many other things so like they're not making this is not a cash grab they're not making much money here now if they continue to do this they do 100,000 here and they do 100,000 you know next month and so and so forth their manufacturing costs will go down and down as you scale it gets cheaper so

like then eventually they might be able to make more money but right now they're not making anything so why are they doing this well I've I've listened to anatol the founder of salana talk about this a few times and look he knows that they are probably not going to take on Google and apple right these guys sell hundreds of millions of phones a year they're not going to do that they sold 20,000 if they do this they're 120,000 whoop be and they know they can't take them on however what they can do is one get a little bit of pressure going I mean if this works they get another 100,000 they have a very committed Community people who really want this they're already having pretty good sales from this so like if they can get some traction here it's maybe the one shot that we have of someone competing with

these massive massive Mega companies on phones so like it's worth it right they are the thing that's holding back most of what we're trying to do with web 3 with Apple's 30% charges the rules they have around like swapping and nfts and games and all the things if we can put some pressure on them that's massive for our industry so first of all let's do that second we need this industry to move mobile and it's hard right now and so this at least allows Innovation to push forward on a small subset Alia but at least we can start to like work around innovating in the mobile world and we can do it in a native crypto blockchain way which is really cool so I think that is really great and then also the way they framed it was like look if you have a nft project of 10,000 people

you can build something from that and if you have think of pudy penguins and you know some of the others around there that have actually built real things with these communities that what they said is like hey the first Sega that went out 20,000 we've got a community of 20,000 people we can build a business around that and who knows what that is maybe it's not even about the phone it's something else but at least they can innovate they can practice they can maybe get some competition with the big ones like all from this but if anything it's a way to tie the community together and see what they can do in terms of progress with Hardware with I mean wallets inside of phones like they can start to actually do things and I think that's really exciting so look I'm not buying the phone just cuz I don't know

know I I don't really need two phones but if this sells out at 100K then I'm Turing them on I think it's a great idea why not keep pushing forward if the community is down to support it then go for it I think it's a good idea it's not a cash grab though I so many people on Twitter were doing that and it's just a bit ridiculous no I think this is a an innovation grab shout out to them for taking opportunity of the fact like from a marketing standpoint very well done right you have a narrative you just sold out you celebrated you got a lot of hype around that now is the moment to do another launch and thankfully you can do a pre-sale launch so you didn't have to have 100,000 phones ready to go which they obviously do not right right so do

a pre-sale launch and then throw in some points great job right like well done I think that you nailed it though the big thing here is we should all be celebrating Hardware Innovation because we desperately need mobile Hardware Innovation on chain I'm thinking about buying it Guai I'm not going to lie say I would I just it's difficult when travel but here's what I would say like there's a lot of chains right now that have maybe 100,000 people on it not even and they're thriving and they've got a network and they're building out new apps and they're you know I mean this this ecosystem of 100,000 that's not small that's bigger than a lot of cities in the world right and you can create thriving cities from something small like that in a digital world where it's even cheaper to create you could build something real from 100,000 or 120,000

people and think of the network effects you have now when that 120,000 not just is using your system meaning they're using holding on to soul and then also using some of the apps and they know The Branding but now they also have the phone the hardware device like that becomes very strong Network effect facts which then can compound into something more and I think they see that I think it's extremely smart what they're doing yeah I agree I agree okay awesome let's keep rolling along Franklin Templeton who the heck is Franklin Templeton and what did they do this week K yeah so Franklin Templeton is the 20th largest asset manager in the world so they have one .4 trillion that's with the T trillion doll hairs in assets under management yes I said doll hairs it's

massive okay and what's hilarious is so when the ETFs came out they've been playing around in the crypto space for a while they've been building on chain they've been doing some cool stuff I think they've put Bonds on chain Etc but when the ETFs came out they changed their profile picture to have the laser eyes which is a little bit outdated but whatever so they anyway they did that then yesterday out of nowhere they tweeted out they said hi everyone for the next hour plus our account is being taken over by some members of our digital assets research team now this was unheard of in the this is a trafi company like massive really really old been around for hundreds of years this is like not coinbase doing this or something this is the old Boomer world that all of a sudden comes on Twitter

with laser eyes and starts tweeting out and says the first one they put you are unsure how to feel about lasery Ben because they have Ben on their um as a profile picture laser eyes just think instead of Ben with hat so they literally started the first thing they did was talk about the meme coin which is a little bit wild then they started talking about ordinals and Layer Two Solutions on bitcoin shouldn't be ignored these are vital to solving bitcoin's economic security problem and increasing bitcoin's utility as a store of value in crypto speculation is a feature not a bug that's another tweet then they had the Tweet of we're excited about eth and its ecosystem despite the midlife crisis it's recently experienced we see a bright future with many strong Tailwinds to push ethereum eism forward EIP 4844 alt data availability community

revitalization reaking and then I'll do one more which was on salana we see anatol's vision of a single Atomic State machine as a powerful use case of decentralized blockchains lowering information asymmetry and we are impressed by all the activities seen on salana in Q4 2023 deepin D5 meme coins nft Innovation fired answerer you have one of the biggest finance companies in the world that are one of the older ones too that are literally talking about meme coins and reaking and ordinal like the most D gen things you get in this space that is and this is on their main Twitter account now they launched a crypto or digital asset specific one which is why they did this but overall really really cool to see that I just

think that's quite interesting and then the the final tweet I'll share which was pretty funny is they just tweet the lawyers won't let us respond to your comments but we hear you it's like the digital asset people are like in jail and they can't really like they're just giving them a chance to speak to their their Community one shot really funny they even posting memes Etc so there's a lot of people who follow them in the triy world they're like what is this what are they talking about what's happening and so we're going to talk more about this we actually have a a newsletter that went out today on the Friday all about trafi starting to learn about understand and actually like crypto which talk about with Jamie Diamond later on the episode but it's just really interesting to see this migration or this like crypto and trafi

kind of coming together and I think the crypto values and the crypto memes and the crypto like all this stuff is going to take over and these TR five people are going to have to adapt to what crypto does not the other way around I think that's really interesting you want to know something crazy that I heard I was listening to another podcast with Josh Rosenthal who's just a absolute crazy thinker and he was talking about other major economic renaissan that have happened in the past and the ones that have led to like the larest Tech Innovation at the same time and he was talking about the printing press and how that was such a big moment that changed the world and I didn't know this when the printing press first came out do you

want to know what was one of the most common things that people were printing was basically memes of the day it was like on it was imagery of like devils and people like on crosses because religion was so big back then that was the most common thing in culture was religion so apparently and he couldn't explain this and apparently nobody knows why this happens but every time a major Innovation happens the humans lean into mimetic culture and using memes as a way to spread that new tech so no surprise maybe that nfts and meme coins have been such a big part of

our early Innovation here makes sense I mean the internet that was meme culture kind of came out started right people think it's weird but it's like this is just what people do we're all creative beings Mak sense yeah and and a big reason why is because we all we all really care about community and we care about identity and meme coins or any form of meme is the best way for you to build community with other people because you share that belief and then also it connects very strongly to your identity in a way that people really care about anyways so why you're wearing a hat Jay Jay whff hat that's why I'm wearing I'm Jay whiff hat today let's go to the next story blast testnet is live Kai what's going on here yeah you know what I continue to

be impressed with what these guys are doing the blur team I used to be so again not against blur but I was like I just don't really at least I didn't like the token structure they were doing and the airdrop stuff but now they're just they just have been killing it and killing it and killing it and so as we know they launched blast it was a yield basically whatever you put on there whether it's stable coin or eth you get yield generation immediately from it it's like native yield uh which is real cool inovation first ones to do this now you have Manta and others doing it but they were first now they were first but they also didn't really have an L2 uh they were just kind of a multisig but somehow they managed to get 1.3 billion dollars in tvl plus 100,000 users uh

together combined that that bridged over that are basically farming the the airdrop blast as well as the blur token and so now what they've done is okay they've got all this money they got all these users they're going to launch L to at some point we think it's in the coming months but they need developers they need you know apps they need to make this thing a real ecosystem so how they going to do it well they're launching something called the blast Big Bang competition and this is basically what they're doing is almost like a hackathon but they're doing it digitally so there's not actually a physical place to do this they have something like 20 judges and you can go apply right now if you're a developer and you have a cool idea for an app you can go apply to this and what they'll do is those that

register they get approved they get a chance to pitch 20 or so investors that are the judges here so they might be able to get investment from this plus they're eligible to earn the blast airdrop and a select amount will win and go live when they launch their blast L2 and they actually go to main net and so obviously developers now are incentivized to go and build here rather than something like bass or optimism Etc now of course you can go to these other platforms and they do grants right retroactive funding with optimism arbitrum has this polygon pays a lot of people to build on there so like everyone's doing it but blast is doing it in a more fun gamified way we're like hey you come compete in this thing you might get investment from our judges and then also you'll earn this airdrop so

now it's a speculative amount that you get in this grant which is pretty cool so they just continue to bring these like fun competitive gamified ways of getting attention and bringing in the things they need right they brought in 100,000 users $1.3 billion dollar in in capital that's a big reason that developers want to go build there you know you're going to go live on Main it and instantly have $100,000 or sorry 100,000 people and that much liquidity like you're going to be one of the top apps on l2s immediately actually in the whole space like as soon as this thing goes live if you're one of the first apps to launch on this so like there's so much incentive plus you're getting paid to do it like it would be crazy if you had a cool idea to not go and do this on blast obviously there's some

risks there we don't know like it's new blah blah blah but like hey if you're experimenting and you want to try something new it's an incredible idea so again kudos to the blast team this sounds fun I'm excited for them to go live and see what they do we thought Bas had a splash when they went live I think blast is going to do something bigger I mean they already have right their tvls just blows bass out of the water and they're not even live yet so they're doing a lot of things right and it's just been interesting to watch and I think the thing that we we all have to remember is that long term we're not going to know which chain we're operating on we will know people listening to this right now because we care about that because we're nerds and we're geeks and we're early in the space

but once we get to on board the next billion users on chain they're not going to come on and know which chain they are buying their token on or playing their game on or putting their identity on whatever action they're taking so what does that mean for a blockchain to succeed is early on you have to build a very strong community of developers who want to build on your chain specifically because they're going to build an app that people are going to use that's what's going to attract people to your chain in the long term and what's unique about blast remember is they have said that they are going to build a chain that has native yield within it so if you're a developer and you want to go

build something and you can do that with Native yield that's a feature that allows you to build and develop something new that maybe isn't available on base or on another chain so I think we're going to see when they launch the main net which as you said Kai I think comes they initially said it would be q1 2024 I think more likely Q2 24 but we'll see is I think we're going to see some apps that we haven't seen before that are unique that aren't possible on other chains rather than just the typical oh we're launching and we have Unis Swap and we have all these apps that are available on other chains that aren't anything new so and to be they'll have those too right because it's open source Unis swap can just launch on whatever chain they want whenever they want

that's how this whole thing works but they'll have hopefully new things that you know we've probably never seen before that's what the cool about by the way the competition ends February 16th so if you haven't already signed up go do that now if you're a developer listening and make something cool see what you got okay next up Yuga Labs has announced dooky Dash unclogged you guys right remember last year Yuga at the same time this is actually part of yuga's Playbook Kai I don't know if you noticed this the past three years in a row in January they have launched a game every year to start the year I guess great way to engage your community creat some hype in the New Year everyone's maybe little turkey drunk after the holidays and they're just sitting on

their butts and they want to play some casual games I'm not sure but here's what's unique about dooky Dash unclogged is this is yuga's first game that is open to the public so anybody can play this game there's going to be rewards there's going to be prizes to be won this is just an announcement of the game they haven't actually launched the game yet it is coming soon but what really stood out to me from this announcement was the way that they are building a Creator studio so this game is like a typical casual game you'll play it on your mobile phone I think you're flying through a sewer and like literally like dodging [ __ ] and dodging plumbers and

what you would find in the sewer that's the dookie Dash You're dashing around dookie but what you can do is they're building this Creator Studio they partner with far away and anybody can come in and you could build a skin for this game you could build a vehicle that you could fly through the sewer for the game you could build stickers and so this is very similar to fortnite to a lot of other games that allow cocreation but here's the thing in current gaming in web 2 if you go and you create these skins or create anything in the game you don't have ownership of it it's not an nft can't really do much with it you can't sell it can't profit from it obviously huge promise of web 3 you can do that and so as part of dooky Dash

unclogged if you go in and you create a skin then you could also set up a store where you could sell that skin and if you sell that skin because of the way they've built this you would get 50% of the sale coming back to the Creator so they're rewarding the creators and this is a theme that we are going to see a lot I think we talked a little bit about this in Nike earlier around their focus around co-creation as well and I think we're going to see a lot more Brands leaning into this meta of co-creation and using onchain Tech to ensure that revenue and capital is flowing back to the Creator perhaps it's also flowing to

the seller perhaps it's also flowing to the referer in this case of dooky Dash there's also a refer code that you can use and if you refer somebody through your link you get 5% of any sale on that and these things they're not really possible in web 2 they are but in much more janky difficult ways to manage so really exciting to see that part of the game take hold I guess this is where yugal laabs Marketplace will come in to play right I assume they're going to need to use that to get the royalties that they're that you'd be getting if you sold these nfts it's a good question I'm not sure whether those will be they obviously will be connected but I think you'll probably also just be able to

sell with in the game and collect within the game because you connected a wallet right but you're still going to need some sort of marketplace how you going to know what you're buying and selling right yeah for sure well and that Marketplace is in partnership with magic Eden and they obviously have talked a ton about importance of royalties so look I I always keep an eye on yugul laabs the other thing is you know yugul laabs has a whole focus on this casual gaming sector which is why they hired Daniel alra as their new CEO so it the thing I don't get is we talked about his thread from at the end of the year last year and he said gaming is not a focus of ulabs we'll play around with it a little bit but it's not a focus and yet everything yabs does is about gaming so

I just I'm confused with what yabs is doing I don't really get it I know you're super bullish on it Jay I'm not so bullish on yugal Labs I don't know maybe because I'm so bearish it's the time to be buying because you know you got to go against what the narrative is although I don't know what most of crypto Twitter thinks but I ain't buy I don't know if I would buy any high value mft other than maybe a puggy because I just don't know yet what the revenue stream is I don't know the business I don't believe in the long-term business model for these okay great story here I want to tell you guys about somebody who made a $9 million fat finger buy this week it's story time so somebody fat

fingered a 9 million buy of dog with hat you guys all know dog with hat we've already Ted talked about a few times we're really Shilling meme coins today dog with hat is the meme coin that is literally a dog with a hat he's very cute dog and he's got a cute hat on I mean why wouldn't you want to join this community and ape into this meme coin well somebody bought n million and look at the chart of what happened when they purchased $9 million everything's going along nice and smooth and then you see a crazy green candle and why was there this green candle well there's yes dog with hat is a legitimate sized meme coin at this point they've got 450 million market cap so it's a big

meme coin but a $9 million buy is too much demand and there's not enough Supply at that point so when you have too much Demand versus a short amount of Supply the price of the token temporarily skyrockets and quickly reverts back down and that's exactly what happened here also ironically fell around the same time of national hat day which was also this week which obviously dog whff hat Community was celebrating national hat day so everybody was like who was this who made this stupid $9 million buy of dog with hat and so step in row row is a dow on salana which I'm sure you've never heard

of because they have only about 8,000 followers on Twitter don't even have a website they just have a medium page with their white paper and they stepped in and they said we're here to buy all your dog with hat and they took claim for this purchase and so everybody started dunking on them they said why are you bragging about this purchase this is a horrible purchase you paid way too much because you you ended up skyrocketing the price in order to buy this many dog whff hat even Jupiter got in on the mix and just said DCA dollar cost average dot dot dot what are you

doing so everyone's dunking on row and then it comes out row says okay here's the real story he said registering row. soul and sending to a whale wallet cost them $20 USD fat fingering and feeding the me Bots cost whoever actually did this 8.8 million USD and then they said trolling all of crypto Twitter is priceless so what they did was all they did was buy a new do Soul which is just an identity they bought row Doo and then they sent it to the wallet that actually

bought that fat fingered in and bought this all this dog whff hat and then quickly posted a screenshot of it incredible Gorilla Marketing tactic it then later came out that pmf God was the one and he posted on Twitter he just said I fat fingered [ __ ] and so he took a look this wallet is now the second biggest holder of whiff and so he bought about 9 million which was about 17 million whiff at the time for an average price of 52 cents right now the current price of whiff is 43 cents which means they have lost $1.6 million on this purchase so far well

when did he buy this cuz it was way lower when he bought this so he actually lost a lot more but it just happened it's been on a run the last couple days it was exact he's actually almost up to break even now maybe it was a good buy I think when he did it it was 0.7 so like it was it like went to next to nothing like he lost more than 50% of his Capital within like a minute which is pretty crazy does it say what day that that was on he was at01 when he first uh Jan 10th Jan 10th right okay so yeah there and then now it's just it's gone it's skyrocketed since so he's actually made multiple so like he's getting close to being Break Even although he probably lost a bunch of like impermanent loss too but either way it was really bad and

if he didn't sell it I don't know I think he held on to it all he's doing not bad now so very interesting wild story though wild wild story waiting a drop stuff and then we got to get into our agrees disagrees we got lots to cover still okay he airdrop Like It's Hot first up Kai Nifty Island airdrop how can people qualify for this yeah so this is um it's actually a project that I've been following for a while last cycle I actually joined their Discord and I was kind of seeing what they're doing because they were basically making this game or this metaverse world where any nft project come in or anyone could come in create their own Island and make games or do whatever they want with it you know you want to make a store whatever and it just seemed like this

really cool blank canvas way for projects to come in and like build a cool little metaverse and it was just an idea back then I kind of left it forgot all about it but I continued to follow on Twitter and like two years later all of a sudden now they are actually launching and they're launching not only the metaverse world where you can go create games play around on it but they're doing an air drop along with it of course you're crazy not to launch with an airdrop now I guess because that's what gets the attention but what they're doing is pretty cool starting yesterday you can connect your wallet you can download the game itself so you got to download it to your computer and then you actually go play around it other people have started to build little worlds on their island or you can

create your own you can share it you can bring in other people to join your community or you can go just play around on it and if you play around you earn you can earn the island token airdrop you can win nfts you can do a bunch of different things so I won't go into it we did a newsletter on it so if you're a subscriber of ours you'll see it from Wednesday but basically you can just go to what is the actual website I want to make sure I get you the real one here Nifty island.com so pretty straightforward but it's already available you just just click on air drop and then you can uh connect your wallet and join in play around what's cool is you're supposed to be able to bring in your nfts so like pudgy Penguins can go bring their actual nft

that they have and use it and like run around with your pudgy in 3D version and like go run around these islands and so if you have other 3D versions of nfts so there's a lot of different ones you can do this with cyber Kongs I think Mi bits and a bunch of others Supply you can go and use those now I don't know if they all are ready to do this yet but that is what is coming bunch of them are so go play around now test it out I don't know how fun the game is I haven't been able to try it yet I tried yesterday but one of the things as you'll see with these aird drops is anytime you do an air drop right now you just get basically flooded with too many people that are trying to game it there

are literally what what do you call these like farming organizations where it's thousands of computers all in this one Factory together on like really good internet all trying to do this and game this stuff and so like every airdrop now just gets completely gamed it's actually very ridiculous and kind of annoying but is what it is so when you tried to go in yesterday of course these massive Farms were attacking this thing and like you couldn't even the website was down everything was broken you couldn't even get in it basically every air drop is doing that right now because of this but now it seems to running people have said but it's probably pretty glitchy because again so many people trying to farm it but go check it out hopefully it's working now and you can play around awesome okay next up Manta airdrop what's the up so Manta yeah Manta

network is the newest L2 on the Block and they have basically taken after blast which is they have native yield generating stable coins and an eth when you bridge over to Manta which is again I think is a great idea they're also using Celestia as their data availab lers Avail data availability layer and so that should make the platform much cheaper now I haven't noticed that when I've been using it it's actually been more expensive than any other Layer Two I've used so I don't really get it they keep promoting on their Twitter but it's actually not cheap at all so I don't I don't really understand we're trying to get Kenny the founder on the podcast to walk us through what's going on but anyway we've been talking a lot about it for the last two months you could farm this air drop all you had to do is

Bridge some eth over and then you could claim some nfts and have some fun with it they closed that off two days ago they launched Manta token to this morning actually and you can now claim it they got attack by who knows who or why and basically when they launch that when you went to go and Clen no one could do it because the blockchain was getting attacked and uh their server down and it was a bit of a mess the blockchain kept running um but it was basically you weren't able to like claim your tokens or do much with it they have been fighting that for the last couple hours they've sort of gotten through it but you couldn't really like connect your wallet in because it was just not working whoever the one person is or team is that's attacking this they spent

over a million dollars this morning basically clogging the network I don't know why they do this I don't know if it's like a competitor that like just wants them their big launch to go bad or if there's a way they can like do something with maybe me in the background like I don't know how you profit from this but but that's what's been going on anyway if you were eligible for the Manta airdrop you can now get it it seems to be working the token is currently sitting at $210 it went at about $260 when it first launched where it goes from here honestly I'm really bad at deciding where tokens go right after an airdrop it's really tough but what I was looking at is you have the market cap of mantle which it has a smaller tvl than Manta currently does mantta has

almost a billion dollars in tvl mantal is like 250 million and uh it is sitting at a market cap around 4 billion whereas mettis another layer two who has about the same amount of tvl as Manta but is not as like legit of a company let's call it they've been around for a long time but they're just kind of whatever they're at about a billion or so so I think man Manta will be somewhere in between mettis and mantle I don't know why they're all M's but is what it is so we're currently sitting at a market cap of 550 million or a fdv fully diluted valuation of about two billion I could see this going up at some point but the problem is is that we know so many people are trying to game this and so a lot of people just take the tokens they

sell them right off the bat but I do think there's a lot of demand for l2s right now going into EIP 4844 so potentially some people are buying this up as speculation so I don't know I'm gonna claim them I don't think I'm going to sell right away I'm GNA wait and see if this thing goes up I don't think it'll go much lower than this I think the risk reward is pretty good here so if you've got yours I'm claiming I'm holding for a little bit but we'll see where things go and we want to know if you got in on this airror drop because we've been talking about it for a while and we want to know which ones of you got it so if you're listening on Spotify check out the poll and let us know if you got it Kai how

many tokens did you get in this air drop yeah I got about 740 So currently we're looking at a little over $1,500 us we're like less than 60 days of basically do nothing I had to mer like I had to bridge one time and then do nothing for 60 days and, 1500 bucks us that's amazing that right didn't if you didn't get this and you're listening to us this is exactly why you need to listen to our podcast and And subscribe to our newsletter do we've been talk about this for free this isn't in our like premium Pro side of our newsletter either right all of the stuff that we talked about on Mansa and how to do this was on the free side of our content so I hope you guys

took advantage if you didn't don't worry more will be coming in the future there's no shortage of air drops let's move on to the next one alt layer is launching alt token what's going on here Kai yes so this one was just announced yesterday and ALT layer is so I've talked a lot about igen layer which is the reaking protocol on ethereum how it's an ecosystem to secure other layer ones other products other services whatever and ALT layer is actually part of the IG layer ecosystem so they're building on top of IG layer and what they've created is a reaking rollup as a service so we've talked about rollups as a service which is like optimism arbitrum they have done that and now we have one that is a reaking one where

basically you can create a rollup and it automatically uses reaking as its security uh and all layers making that super easy to do so kind of cool we'll see where that goes there's nothing like it out there really so this is kind of a first so it's kind but anyway they are launching a token and what's interesting I didn't even think about this is the people that are getting this airdrop are those who restake so those who are using igen layer which we have been telling everyone to do for over a month now so if you have been doing that you are going to get a token called uh alt layer coming on January 25th and then also if you stake your tia your Celestia you are also eligible for this now there is going to be some restrictions on who is actually able to get this I don't think

it's every reaking in every person staking the ti there might be limits we don't know they said they're going to come out in the next couple days and let us know but many of you should be getting this airdrop which is really cool congrats to anyone who's been doing this there is a snapshot so if you go restake now you won't get this but likely if you are reaking or you do go do it now there will be other aird drops I'm sure so it's an airdrop party right now and it's a lot of fun and you're invited okay last airdrop update jup what's going on with Jupiter we've been talking about this one for a while yeah this one's real quick it's uh the launch date's finally here it's January 31st the last day of January at 10: a.m. EST you will all be getting your Jupe if you

are if you qualified for it so congrats to those who got that one it should be a big one but let's see all right time for a favorite my favorite segment of the show agree disagree explain first up we've got Jamie Diamond the CEO of JP JP Morgan Chase speaking on a panel at Davos 2024 the world economic Forum let's just take a listen to what he says blockchain is real it's a technology we use it it's going to move money it's going to move data it's efficient we've been talking about that for 12 years too and it's very small okay so I think we've wasted too many words in that crypto currencies there are two types there's a cryptocurrency

which might actually do something think of a cryptocurrency has an embedded smart contract in it and then we can use it buy and sell real estate or move data that may have value the idea of tokenizing things tokenizing things that that you do something with and then there's a one which does nothing I call it the pet rock the Bitcoin or something like that and so on the Bitcoin you know there's First of and I'm I'm not trying to make a joke here there are use cases AML fraud anti-money laundering tax avoidance sex trafficking those are real use cases and you see it being used for hundreds maybe 50 hundred billion dollars a year for that that is the end use case everything else is people train among themselves okay Kai do you agree or disagree with Jamie Diamond there's

two takes here clearly there's his take on Smart contract programmable blockchains and and his take on bitcoin which he calls a pet rock so it's funny a lot of Twitter has been like oh Jamie doesn't Jamie damond doesn't know what he's talking about he has no idea what crypto is listening to this I'm like you know what he's actually got a fairly decent understanding to to understand the idea of smart contracts and what's possible with them it seems like he kind of gets a little bit how he says blockchain's a technology and here's some things you do with it and it's here to stay like that was interesting to hear I didn't know that that was his thoughts and then to take the like you could think of it as the Maxi side which is like look blockchains are legit a lot of people in the space have been saying

look blockchains are legit smart contracts smart contracts are here to stay it's about the tech not necessarily about Bitcoin Bitcoin is a I mean we've all said the meme Bitcoin is a pet rock and it doesn't do anything whereas ethereum Salon ET they do things that is my big take it's why I don't hold a lot of Bitcoin but I do hold a lot of ethereum and salana so like funny enough I actually agree with them look I think him talking about how it's all money laundering and whatever on bitcoin I don't necessarily agree with that there is some of that but it's not the main use case for it but like hey I also call Bitcoin to pet rock all the time look I do think bitcoin's important so I'm I'm sort of going a little bit too far to one side but he's kind of an e Maxi and

I kind of like it okay I'm gonna agree with Jamie Diamond on the programmable blockchains being the future and I'm not surprised to hear him say that because as he said they've been using programmable blockchain for over a decade over at JP Morgan Chase they have a blockchain that they built in order to move money for their institutional clients and it moves billions of dollars every year right now so they're already on that it's no surprise that he's excited about that I think he went way overboard and I'm pretty disappointed to be honest that a CEO of a major company who has a large voice says things like Bitcoin is only

for sex trafficking and come on man it's a store of value it is an incredible opportunity for the middle class and the lower class to not be crushed by inflation which banks like him are a big part of keeping the trafi system alive so I'm not surprised that he's saying this but I also completely disagree with it I take the same thing I just think I mean you know what I'm not going to get into my debate on bitcoin etherum we don't say let's not go there we'll do that another episode okay next up we got tweet from edgy the defi Edge he says what we had John McAfee and Michael sailor leading the way before this Cycle's main character is Larry thinkink I disagree I mean right now he is

definitely our main character and everything he says is what we want him to be saying and it's it's getting you know pulled around Twitter and it's it's great but I don't think he'll be the main character of this entire cycle I just think a lot of Trad is coming now Larry fin is obviously the co he's the founder of or CEO of Black Rock and the biggest asset manager in the world world so it is a big deal I don't think he's on the level of Michael saor though Michael sailor is like so far into it that not only is he buying everything he can of Bitcoin he is making memes and just like coming up with these ideas and thesis around what Bitcoin is and what it means Larry fin I don't think he's doing that I think he's being told what to say from his like PR people doesn't

it almost sounds like Jamie Diamond understands crypto more than Larry fin does to be honest but I mean I hope he continues to try to be a main character because it's definitely pushing a lot of things forward for us so I love that I just think it's great to see these big names like be talking about this and be talking in a way of like hey these are good things and there's technology here and this is here to stay like that's that's massive we didn't have that last and obviously Larry thinkink has has incentive because they have a Bitcoin ETF and he knows there's big Capital opportunity here for him and for Black Rock but I'm cool with Larry being the main character because he's got a lot of trust amongst people who are not in crypto and on chain and he seems to really support what

we're building here so got no problems with it both Larry and jam diamond the thing that they both talked about was tokenization of everything so they're seeing the future that we're seeing which I think is sick that's exactly what we want so I'm good with that they want to make money off it go for it of course they should we all are trying to do that right okay next up Emperor osmo he's got a tweet he says it's a tweet with a photo with an image a screenshot of spirit arrow lines Inc it's their stock price and it shows that they're down 60% on the year so that's the image what he says is he says this is not your favorite shitcoin it's the stock of a major airline company tell me again how crypto is so dangerous to retail investors yeah I disagree with

this I think people take things out of context when you have Gary Gensler and other people like Regulators saying that crypto is dangerous it has nothing to do with the volatility of it of course stocks go up and down and there's stocks that have gone bankrupt like that's not the issue the issue is that when you don't need to actually go through Regulators you don't need to go through a system with any due diligence whatsoever to get your shares of your company out to anyone around the world whether they are children or they are adults that is dangerous and we've seen it how many companies get like rug all of their holders how many companies uh in crypto have bugs in their contracts how many companies in crypto launch some thing and then don't even ever build it

and they end up just being completely fraud like happens all the time and a lot more than something that you can buy on a regulated exchange like the NASDAQ and so this isn't about it's not dangerous because of the volatility of crypto that's a feature of it the dangerous parts of crypto is that you don't know what the heck you're investing in and even people who like kind of get crypto still get rugged and that's a bit ridiculous now I'm all for open and free markets it's just let's not take things out of context obviously there was a lot of bad that comes with crypto especially in its early days and we need to figure that out because people get rugged all the time and that sucks so it's he's just putting words in people's mouth here well just agree with your take on that Kai okay next up this

is from Tang Yan he says my blur thesis is simple if you believe that number one market cap for nfts will expand hugely in the future and number two there will be another speculative Bull Run for entities in the next one to two years then blur is essentially the only way for most people to bet on and capture the upside from this specific future happening but individual nfts requires picking winners and avoiding losers there are very few other fungible tokens that capture the broader nft Market I sort of agree with this blur is definitely a token that can do really well from the nft Bull Run that I also believe those two things are going to

happen I think the market caps of nfts go up like crazy trading increases and so blur is kind of like an index of it sort of the thing I don't get about blur yet is if there's a token for opy I would say say that is then this thing is very true the thing with blur is that it's a token for a Marketplace that's used by a small amount of professional Traders and I just I don't know how many professional Traders there are out there maybe there are a lot more than I think and so there are a lot of people that want to use blur I don't know that world I don't understand that world so that's why I don't invest in blur but I do see a token of a Marketplace that a lot of people use being a massive massive thing the problem with blur is it's

professional Traders only and they have no revenues and so I just like I don't know to me it's just not my world I don't get it so that's why I don't buy it but I do think blur probably does really well but but it probably does really well thrown in there yeah I'm gonna I'm gonna agree with this one I don't invest in in blur because I also like yukai am less have less conviction for the future of speculative trading with nfts than I do for the future of other ethereum Bitcoin other tokens that I feel like are much more stable and have a much bigger network but I can get behind what he's saying and so I think it's a good take and I think if you wanted to take some risk then some blur token wouldn't

be crazy if you have that conviction around the future of the nft landscape agreed okay next up this is a tweet from okay Hot Shot says remember frch remember portal coin remember Ben coin remember Scio scop coin remember loyal coin remember Stars Arena Network coin Bitcoin Baddies I mean what happened I mean the space it moves quickly and it's all about narratives right like frch was the big thing what was that like two months ago and now like no one talks about it bcoin was a wild thing for a little bit like these I mean I put out a tweet just yesterday I said do you guys remember when eth and l2s were dead like a week and a half ago it was literally a

week and a half ago just before the ETF got approved that everyone was saying eth is is dead l2s don't make any sense and you know Bitcoin and salana are the two big things and it was all over crypto Twitter and I was like this is nuts and then all of a sudden look one week later eth has just pumped compared to bitcoin the eth BTC ratio has gotone up and now l2s are cool again and it's like what so it's just it's a very narrative driven industry because it's a lot of retail people so just something to keep in mind so yeah I I don't know if this is an agree disagree whatever there isn't really anything to agree with here but like one thing to understand about the space is things move really really fast and if everyone is all saying one thing it's

probably the right move to go against that and to take other trade when everyone hated salana that was your time to buy salana when everyone hated Ethan l2s like a week and a half ago if you were buying eth you've outperformed Soul you've outperformed Bitcoin by a long shot over the last like week and a half just kind of go against whatever everyone is saying in that moment when people get really really passionate about one thing it's like okay now it's about to flip the narrative is about to change and that's we'll go on to the next one we'll keep doing that that's just how this industry Works agree very well said okay next up this is from k money he says all caps bro who the [ __ ] would want to buy a music nft just upload that [ __ ] to Spotify dog

LMFAO I mean I want to I agree like if you're only putting on sound or like music nfts and you're not putting on Spotify and on Tik Tok and on Apple music and SoundCloud then like that is ridiculously stupid there's no distribution in the music NF world right now now that's not to say you shouldn't do music I think 100% you should because I think there's a lot to learn from it and it's a really cool concept but we're just we're nowhere near Mass adoption so it makes your sense I think if you're an artist 5% of or less of your time should be put into musics if you have time for that it's also takes a lot of time to create music and to go try and get gigs and sell your music and do all the things that come around with that so

like obviously you should be focused on those kind of things but this is a cool way that like if you can get early and understand it well you might have a great opportunity to blow up on that you're not going to make a lot of money on it right now but if you can figure out a way to like to make it work super cool I think this does become bigger in the future and so it's a good opportunity and then also like if you can gain some experience in it there's a lot of musicians that don't make it as musicians they end up becoming producers or you know managers Etc and it's like hey if you understand music really well because you're an artist and you really get music nfts there's G to be a lot of musicians that are going to be hiring

people to help them with music nfts as this becomes a bigger deal so to have some experience is also smart so you can diversify your skill set too I think that's smart but if you're a musician trying to get big you better be on the big platforms and not going all in on this because no one's there yet we need to live in the reality which people struggle to do well said completely agree okay last one this is a nice inspiring one this is from defi Moi they say the one who underestimates you the most is yourself I agree completely with this people have a lot of doubts in their heads it's hard for people to be very confident in themselves and it's funny because usually everyone else is actually quite confident in you whether they know you or not people just I think

naturally are just more confident in other people than they are themselves which means like you're the one that's usually underestimating yourself more than anything the fake it till you make it thing is super super real as an entrepreneur myself it's something I've always done I've just kind of like always I thankfully have had just a lot of confidence in myself to execute and so I just say I can do things even I have no idea how to do them and people believe me completely that I can do these things because well everyone just is very confident in other people and so I think it's a good thing to understand and wrap your head around that like hey your negative thoughts they're way more negative than anyone else has about you that's for sure and so don't let that spiral into something more which a lot

of people do yeah I always this is such an important reminder look no matter what is going on in your life no matter where you're at whether you're up or whether you're down you are capable beyond what you know you are capable of so so much just by being alive by showing up you can truly achieve things that you have no idea and as Kai said fake it to your make it believe in yourself and things will happen for you and come your way the thing that I always think of when I hear a message like this is what it was like to be a kid and when I was young I remember looking at my parents and being like oh they're they're Godlike they got it all figured out they know everything and

then you grow up and you realize your parents have they're [ __ ] clueless like I love my parents but they're just winging it every day and so is everybody else so just remember that everybody's winging it nobody has a clue what they're doing so but just keep showing up and believe in yourself because good things will come your way love that so true that's a wrap that's it what a great rollup it's been a big we're I feel like we've lived a year and it's only two year two weeks into 2024 we're just getting started I am fired up stick around everybody make sure that you're listening to the podcast we're going to

be back again next week subscribe to the newsletter if you're not already subscribed join the Discord if you want to chat about anything that we discussed today and you want to dive deeper into it we love you guys have a great weekend y'all thank you for listening to web through Academy your one trusted source to capitalize on the next big phase of the internet if you enjoyed this episode please share it and subscribe or follow so that you don't miss the next one while you're at it there's a link in the description for our free newsletter where we provide timely and relevant web 3 insights so you can confidently build and invest in web 3 make sure to subscribe today one final note this podcast is for educational purposes only and nothing we say is financial advice

crypto and web3 are risky and you should never invest more than you're willing to lose thank you friends and see you in the next one