FOMO HOUR #104 – THE MEMES ARE BACK!

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    yo yo yo what up what up good morning
    morning
    [Music]
    GMG
    yeah Wednesday Wednesday Wednesday April
    24 4 4 2024 wait wait today’s date is
    like cool hold on it’s like
    424 a yeah it’s 424 44 444 there you go
    man it is [ __ ] snow storming right
    now I I’m sorry one second I I cannot
    because as you all know I mean I I have
    a big ass window here while you all know
    homies know it would dox if I turn it
    around so I’m Not Gon to dox where I
    live but I am just overseeing like I
    went to work out at 9: in the morning it
    was black inside the gym there was no
    like
    sun brother brother I I was gonna send
    you a video actually it was black I had
    to turn all the lights on uh uh at Max
    um in the title gym it was black it’s
    like nighttime um and now I’m I’m it was
    raining which is fine it’s
    April and now and it’s like big ass I’m
    on the ninth floor it’s big ass
    snowflakes
    it’s
    bro come on man I can’t catch a break
    April man late L April it’s raining
    where you live in late April you got to
    move this is like this is what you’re
    giving me it’s like life Alpha like
    that’s like life Alpha uh I had a mentor
    once say like the second you make any
    remote amount of money like you get the
    [ __ ] out of a cold place like why would
    you want to put yourself like I told him
    one day it was like netive 45 degrees
    like you what are you [ __ ] doing like
    like what are you doing what would you
    live in a place that’s more NE 45
    degrees if you have any sort of
    money so uh so there’s uh there’s Alpha
    in there study study study mental health
    correlated to weather of where you live
    I think there there’s a direct
    correlation right surely I’m no doctor
    but should I mean Mando is like smiling
    every day even when he’s not happy he’s
    smiling [ __ ] lives in Portugal
    you know and you see Obie he smiles only
    the days where sunny in London so that’s
    like 15 days a year but at least those
    15 days you know look at him look at him
    you’re sunny in London isn’t it it was
    and we had like an hour of sun today so
    that’s enough that’s enough that’s
    enough that’s enough for London for the
    week bro like see you on Monday uh
    anyways uh 4244 444 uh with Justin threw
    throwing four signs at me this morning
    uh but anyways and the market what’s
    going on the why we going to zero
    anyways we should talk about this in a
    second to on the show today today daily
    market report D like what’s going on
    with like Turbo Racing to zero right now
    I mean America the burgers it’s you know
    what it’s because Sims yesterday said
    something in the studio after the show
    he said the burgers are finally in line
    SS you jinxed us you jinxed US America
    is still selling America is definitely
    still selling so they man the is picking
    up it’s so funny bro babe are you
    looking outside Jesus dude I got to send
    you guys a video this is this is insane
    I mean record oh I can’t take your video
    my phone’s on the show anyway sit down
    the show Daily market report we’ll talk
    about big I mean when Sims did the
    show’s topics it was 66 and a half 64
    now uh top 100 gainers losses I saw some
    H bar news and whatnot I didn’t know
    anyone do anyone usea for some reason
    they’re everywhere they were all over
    Davos they were all over around the
    Black Rock news Etc remember there was a
    whole Adera house in Davos on that way
    Mando they had a huge partnership with
    some big blockchain I forgot which one
    um EF see third day of inflows I’m not
    sure about that anymore uh mem coins I
    mean memes memes mes again yeah meme
    coins is going crazy had that res thing
    that was insane Rez we’ll talk about
    that maybe they should have hired
    someone to do work on those tokenomics
    um you had some crazy uh you have CZ
    sentenced uh prosecutors want him three
    years in jail uh you have Duke Kuan uh
    you know uh more than that obviously uh
    no four5 and half billion dollar fine
    and then you had the whole
    um poly markets intern stuff yesterday
    on on the channel on the timeline which
    was hilarious that was great so Al me
    and dreams I’m sure we’ll talk about
    retardo because that was tied to that uh
    and then uh hot nfts big squiggles uh
    big big big squiggle uh suite and a
    bunch of stuff uh on that front uh to
    talk about as usual as usual this show
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    and a hot second here and without
    further Ado let’s get right into
    it daily market
    report brought to you by rug
    radio what’s the
    word yeah TR traditional markets are
    pretty strong actually we had a really
    good day yesterday I think stocks were
    up about
    2% um and we’ve had a we had a decent is
    start today NASDAQ is up 0.6 0.7% so um
    things are definitely bouncing a bit in
    tradire
    markets crypto was strong I don’t know
    what’s happened here like I trying to
    read around to see what’s happened in
    the last few minutes or so but you know
    we’d hit um we’d hit like 66.5k on
    bitcoin but really the big move was in
    altcoins Bitcoin dominance dropped from
    about
    55.6% all the way down to 54.5% so it
    was a big move lower in Bitcoin
    dominance to the tune of almost one
    percentage point over just 24 hours and
    eth was up Soul was up memes were up a
    lot like Pepe and were both up about 20
    30% you I think part of that is because
    of this coinbase purpose listing we we
    saw Pepe rally on that yesterday and
    whiff is supposed to be listed on that
    tomorrow um so we did see a good run on
    those um and the meme sector kind of
    felt buoyant again alongside altcoins
    but yeah in the last five or 10 five
    minutes yeah yeah bitcoin’s dropped from
    youan 64.9k now like I don’t know I
    don’t know what’s going on just like
    Leverage hunting I think like the
    liquidations yeah like they were very
    tight around this level if you’ve been
    looking for the last few days around
    this 66k level the liquidations have
    been really tight so I don’t think
    there’s anything macro or even specific
    to crypto that’s happened I think this
    is just this is just people trying to
    liquidate um these really tight
    liquidations there were quite a lot
    clustered around 65k and quite a lot
    clustered around 67k and I think I would
    be very unsurprised if we even hit 67k
    like you know to hit both sides like it
    doesn’t not much has been happening
    actually um in terms of like news for
    crypto at
    least yeah yeah I don’t know what’s
    going on I thought you guys talk about
    the leverage tightness yesterday on the
    show but maybe it’s it’s just a regular
    ShakeOut right so probably a lot of
    these in the bull
    market um and we’ll see what happens
    there but I don’t know I don’t know e is
    319 I mean it’s 32 so 153 Bitcoin 65k
    Lads it’s over pack it up um you know
    I’ll see you next uh next round I guess
    next cycle I need to figure out my
    lights my lights are not working either
    here anymore Jesus Christ nothing’s work
    it’s it’s like it’s like snowing here I
    sent you guys a video by the way if you
    guys want to look uh of what I’m looking
    at it’s pretty it’s um it’s pretty Grim
    out there Mando what are you seeing what
    are you seeing on the market level you
    were saying it’s just like maybe a
    little shake out are we still bullish or
    or or are we are we selling in May and
    going away because may is around the
    corner May is here I’m super bullish
    right now super super bullish I think
    you’d be mad to not be bullish with this
    sort of beautiful retest and um low
    leverage like just everything set up for
    I think a very very strong period you
    had impl again on the ETF
    yesterday um yeah I’m I’m super super
    bullish you this doesn’t even feel like
    that that crazy a move to me so yeah I I
    I wouldn’t get shaken out by this at
    least I haven’t seen anything specific
    to crypto this feels to me like they
    taken out Le Longs and then they’ll
    probably do the same tomorrow on the
    shorts I’m looking all around and seems
    like uh seems like there’s nothing you
    know nothing nothing just as good as
    business as usual uh we did have a huge
    run on memes um Obie I saw you write
    quite a thesis this morning
    uh say so you start off like Giga
    bullish and then it turned out into a
    bare thesis and then you had to say yo
    didn’t mean to go be I’m kidding but but
    do you want you want maybe elaborate on
    that because it was actually it’s
    actually quite a good thesis I was
    talking to whiz I think this morning
    about pep and whiff and I was like well
    if I had to make two comfy bets when it
    comes to meme corns I probably pick
    those two um because it’s just like if I
    had to like pick two memes go with size
    and see you in like December that’s what
    I would do when it terms to the two like
    in terms of comfort it seems like those
    are the two that you’re talking about
    saying that he could rival ship and Doge
    you have the per that opened up you
    mentioned that this morning is doing
    pretty well do you want to elaborate on
    like that thesis of what you think could
    happen here I just think memes this
    cycle are what nfts were last cycle yeah
    and I just think that’s the casino
    that’s what everyone wants to gamble on
    there’s way less friction gambling on
    memes than there were nfts and you know
    we we saw a little bit of a an ALT
    bounce yesterday right and the things
    that were up the most were meme coins
    and that’s now happened multiple times
    and it’s not like it’s not like 2023
    where we had the p P run and a bit for
    mean run then everything um then
    everything uh oh he’s back everything
    died um I think the meme cycles and
    Seasons or whatever you want to call
    them are persistent in this cycle
    so I think you know with I think
    coinbase listing Pepe and
    whiff in terms of Futures hopefully is a
    fora into them being listed on spot
    which we know opens up to um a whole new
    retail consumer base or investor call
    them
    um and if you remember last year or last
    year last cycle I think it was shib shib
    got listed on coinbase and then it did
    like a 10x from a three billion market
    cap to like a 40 billion market cap
    after the coinbase listing so that’s the
    kind of stuff that we’re like looking
    for and hoping for this cycle so yeah
    like you know a CO a coinbase spot
    listing for Pepe and whiff I think would
    be massive and something like that would
    just lift the entire MEK Market I I
    really think it would I think you just
    see a situation where there’ be tons of
    memes all these memes that are now like
    200 to 400 million market cap I think
    they could all be like a billion plus
    and I think just any me any half decent
    meem that comes to the market would
    could easily trade like 50 or 100
    million without like much effort um and
    that’s probably the point where things
    start to get a bit froy and you know
    when people when there are like loads of
    multi-millionaires on wh for example and
    none of them have taken any money out
    yet and maybe whs at like a 50 million
    $50 billion market cap and every was
    like oh I’m holding out for 60 or I’m
    holding out for 70 or I’m holding out
    for 100 like inevitably one of those
    Milestones never actually hits and it
    starts going lower and people hold on
    and they’re and they’re stubborn and
    then they buy the dip and then it goes
    even lower and they’re like they still
    hold on and then eventually there’s one
    time where it just doesn’t bounce back
    and it just keeps going lower and like
    you know for now like the strategy of
    holding and not selling and buying these
    dips have has been working well and I
    think it will continue to work well but
    at some point the Music Stops and it’s
    just about trying to identify when that
    point is
    and believe it or not only a minority of
    people will actually be able to
    successfully sell and identify that
    point most people will just still be
    like Perma bullish and just round trip
    and so I think you know it’s the same
    thing that happened really on nfts
    really in 2021 and to be honest with you
    on probably shitcoins the cycle before
    and it just always does happen like I
    think people will make a ton of like
    paper money and be worth a ton on paper
    unrealized Gam
    not sell not sell anything um when it
    starts going lower just be like ah it’s
    always paid to hoddle I’m just going to
    keep hodling but there’s going to be
    that time when it just turns and it
    keeps going lower and lower and lower
    and then you end up roundt tripping and
    yeah know whereever you get out is
    wherever you get out whether it’s a
    small gain or yeah like everyone’s been
    there dude like even I mean even we even
    I’ve been there even though we like made
    some money like on apes or whatever and
    selling them stuff there’s a ton of
    stuff that are just bag held all the way
    through 2020 when I should have just
    sold them in you know not only sold them
    in 2021 even sold them when they were
    down another 50% in 2022 like people
    just find it in your head you’re like oh
    it’s down 50% like why would I sell here
    it’s gon to go back up but um I think
    we’re far away from this point in time
    um and it’s usually like first cyclers
    that make this mistake which will
    comprise a lot of the people who are in
    these new moon coins I think I I do
    think
    that um but I think we’re not that close
    to that point I think we’re still far
    away from there I guess guess I was just
    trying to think out I was just trying to
    play out in my head like what happens
    next what happens next and then I kind
    of got too far down the line yeah no
    that I mean you cannot you gave the
    whole cycle like it’s not they turned
    bearish it’s like there’s going to be a
    cycle I hate saying there’s gonna be
    another bear no no Perma bear Perma bull
    sorry [ __ ] uh oh uh oh Perma bull Obie
    get out of my
    head I’m just I’m just playing uh but we
    still have time because kappo is not
    tweeting anymore
    um so uh so we’ll see let me just post
    this up okay sorry my internet went off
    for a second or something I must have
    kicked something but we’re so back we’re
    so back look it looks like we had a
    little bounce but Bitcoins back up above
    65k on the news that OB was talking
    about mem coins and all that good stuff
    and that’s right listen M I’m actually
    curious on your thoughts another com I
    was having this morning in the chat is D
    you see a case where Bitcoin turbos
    sense and the rest never catches on or
    does not catch on the same way that the
    the Bitcoin does yeah of course that’s
    what’s been happening like isn’t that
    not yeah that’s the case right now but
    what do you think because we we always
    teams to say oh look like eth is still
    far from theth salana is still far from
    well Sal has broken it technically in
    terms of like Market Gap like um blah
    blah like all these coins are still not
    recovered but like I think it’s diff
    difficult to pick e soul and BTC because
    I think they all have adoption for the
    rest of the market people are actually
    using them so like it’s always diff
    difficult but like the the reason why
    this is different to the last cycle is
    it’s Bitcoin Le like there’s nowhere
    near as many people here as there were
    in the previous Cycles right we all know
    it we all feel it there’s just not as
    many people um it’s not got like all
    your friends getting involved um yet by
    any by any means this has basically been
    Bitcoin going up and then the the funds
    from that have been divested into
    different things and mem coins have
    because of I think tokenomics and also
    just degeneracy of it all people have
    like gone to them but largely the
    altcoin market has been left behind in
    this [ __ ] thing like why would why
    would you get involved um so yeah I
    think uh I think that’s exactly what’s
    happened Bitcoin as I said yesterday
    it’s out performed pretty much
    everything I think that could easily
    continue if you’re going to buy an
    altcoin that isn’t Bitcoin you better
    hope that it gets adoption very very
    quickly um or it’s like a genuine 10x
    not like like oie took the piss out of
    somebody Yer yesterday on the timeline
    being like when the bull market comes we
    are in a Raging Bull
    Market Raging Bull if your bags are not
    pumping that’s because it’s not part of
    that Bitcoin waterfall true and probably
    won’t be by the end of this cycle so
    like Bitcoin is seeing massive inflows I
    think Bitcoin could go to 150k 200k this
    cycle probably even higher um that being
    said like I think a lot of altcoins will
    be left behind a lot of sectors will be
    left behind um unfortunately part of
    that is also nfts that just haven’t
    really cottoned on this cycle um and uh
    yeah like a lot of altcoins a lot of
    like different narratives have just like
    died and the easiest thing that people
    have found just because of the
    tokenomics has been memes so the meme
    coin super cycle is also related to the
    Bitcoin super cycle we said yesterday
    that Bitcoin is the original meme like
    that is that is kind of it’s all related
    to um it’s all like one big waterfall so
    to speak but uh I think uh I I think a
    lot of people are going to be
    disappointed if you’re if you’re sitting
    there waiting for the bull market for
    your coins right now no that makes sense
    I mean if your coin’s not pumping on
    these new like today it’s always a good
    time I saw you know who I saw I see I I
    quite like following him is the crypto
    dog uh this like big Trader on timeline
    you probably you guys probably know of
    him um yeah I know I think he’s based in
    Hong Kong actually uh but um he said
    with bow and Mew pumping I guess uh I’ve
    gone full meme coin at a certain point
    you just give in and I love that it
    seems like it’s either people are like
    Majors like BC Soul whatever or people
    are like fully like mve their all
    positions to meme coins and we’ve been
    saying this for a minute like how we’ve
    seen the switch of like alts to like mem
    coin positions and I feel like I mean I
    don’t know about you guys but I don’t do
    I hold any alts I don’t think I own a
    single alt do you guys have any alt
    positions I mean you were big on Pendle
    man though he cooked that yeah I it
    takes me a lot like Pendle I genuinely
    thought was a 10x oh you destroyed that
    was beautiful but but I think it’s very
    very difficult to pick picture that
    for the and I think
    uh I think you’d be surprised at how
    many people are in like alt coins like
    yeah people are throwing in the tow um
    but like there is still big altcoin bags
    right I wish there was a chart or
    someone if you’re listening that has
    made it wouldn’t be surprised that has a
    rotation from altcoin like the altcoin
    market you know the minus three what is
    it called the crypto 3 that they the
    total three right total three right um
    chart versus like the top mcoin charts
    or like a flow I saw remember there’s a
    website shows a flow from like arbitr to
    base I mean it would be it would be a
    ridiculous chart I think there is one
    which shows different sectors and the
    memec coin sector is up easily the most
    so far this year but um yeah total three
    which is like the total three yeah if it
    was total 3x memes oh my God like that’s
    i’ love to see total 3x memes uh thing
    here because I mean when I look at the
    market this morning it was all like Pepe
    whff M Bowen uh popcat I mean we talk
    about it yesterday popcat went [ __ ]
    berserk like there’s there’s obviously
    Mew then you have all these like Asia
    cat coins that came out of nowhere like
    maniki we didn’t even have it we talking
    about yesterday hit $150 million this
    morning uh so it’s it’s it’s it’s really
    a it’s really a a meme heavy Market here
    and that’s that that’s just how it is
    not even pumping my bags just L the fact
    of the matter here uh and what’s going
    on um so that’s what I’m seeing on that
    front and then and then that’s about
    that but anyways I think that’s enough
    for meme coins and of course quack uh
    then
    uh as long as you Mando I didn’t know
    you open a duck shop in Montreal by the
    way I was walking yesterday was 18
    everywhere people have been Shing me
    like there’s so much in real life duck
    stuff that we don’t even know what’s it
    called your brain when like when you see
    something you start seeing it a lot you
    know that there’s one in London there’s
    a there’s one in Amsterdam there’s I’m
    pretty sure there’s like a load of them
    around so um they’re everywhere and then
    yesterday also someone posted me that
    that like in Charles
    Charleston yeah where the be thing is
    there’s gonna be some sort of like Duck
    Race like there are regular duck races
    which again like wasn’t aware of but but
    now I am now I I see Ducks everywhere
    now yesterday I was walking around the
    Old Port of Montreal I saw that store
    but also yest was like 20 degrees celsi
    it’s still I think it’s like a snowstorm
    I have a plane to catch later Jesus
    [ __ ] Christ uh sorry uh anyways I saw
    a duck poor duck was waiting for the
    water in the fountain that Yi ducks at
    in the Old Port of Montreal he was just
    there on his own quacking chilling so I
    I see them everywhere now I see them uh
    I see them everywhere anyways uh UPS
    next I mean oie I want to talk about
    this yesterday uh you say everybody
    needs to get punched in the face one
    time did you mean like hypothetically in
    the market or like punched in the face
    no Ser there was not a market comment it
    was more just a a comment about life
    really do so would you punch me in the
    face I said cuz I answered I said all
    right want to punch me in the face next
    time we see each other he [ __ ] pun it
    can’t it can’t be me it just has to be
    like can’t I mean I guess it could be
    someone you know but the whole point is
    it should
    be it should be a surprise but it
    doesn’t have to be a surprise like even
    when you get punch in the face and it’s
    not a surprise like if you’re just s
    you’re just standing there like punch me
    in the face and someone punched you
    really hard you’re still gonna like feel
    that right so I no man I can tell you
    the few times that I’ve gotten
    liquidated definitely felt like a punch
    in the face uh but I know what you mean
    uh what you mean it’s not a physical
    literal punch face anyways other news um
    what so did you guys follow this Rez uh
    tokenomics Renzo the tokenomics fud
    which is obviously like uh um I get it
    to to get it and then you had like a
    whole dpeg ging so it says oh whoa this
    is pretty bad form from Renzo protocol
    first a large portion of the tokens are
    going to investors and team second looks
    like they’re trying to skew how bad it
    looks with the design of a pie chart
    notice the bottom half is 62% whereas
    the two two and a half perents appear to
    be about
    25% I mean who which designer made this
    pie chart
    like like the two and a half perents on
    the right side right here are Le the
    same size as the 20% like if you can one
    of you two like shed more light on this
    Renzo protocol thing this is hilarious
    yeah so this is this is just another
    liquid staking uh protocol which you
    know it’s like a uh there’s a bunch of
    them now launching it had quite a decent
    amount of TBL um I think something like
    two or three billion of TBL so and it
    was gonna launch on binance and this is
    just like classic bull market tokenomics
    right like yeah you can get away with
    this sort of [ __ ] in the bull market you
    can’t really go in the bare
    Market people got pissed when this came
    out because they realized weren’t going
    to get as
    much and they basically withdrew and
    sold their staked Renzo
    eth um and that caused a dep pegging
    versus normal eth that wouldn’t normally
    be an
    issue but you tend to find that in order
    to like Farm
    points um a lot of people deposit the
    staked um the St
    Assets in different protocols and they
    borrow against it like real eth and when
    it dep
    pegs which it did by about
    50% uh they can get liquidated
    oh so a bunch of liquidations happened
    um across across def yesterday this is
    what people have said like the one of
    the main risks of of reaking and staking
    BR C is that yeah this when these assets
    deeg from the asset that they are meant
    to follow often it causes massive defi
    liquidations like if Lio eth for example
    which is easily like the biggest um
    staking protocol or if igen layer like
    if those assets were to start um dep
    pegging at any stage then the assets
    themselves are often in like tons and
    tons of different def5 protocols and
    that
    uh that then could cause massive
    liquidations across the board like we’ve
    seen this a few times before like this
    has happened before I think Lio even dep
    pegged for a short short amount of time
    in the past um
    so yeah people got
    pissed Jesus Christ this happened on
    didn’t happen on salana it happened on
    salana do you remember like a while back
    um one of the projects what’s like the
    main I think it was G GTO or one of one
    of the main assets dep pegged and a
    bunch of people who were doing this Loop
    where they were getting farming points
    on the various protocols do you remember
    o I think you had some like deposited in
    the actual thing that was being looped
    and then everyone got everyone got
    liquidated anyway this is super common
    this is super super common that people
    basically Loop these assets um to make
    more points on different protocols and
    this is the risk that there’s no there’s
    often very little liquidity for the
    stake asset so Li
    despite Li eth being a huge market cap
    like it’s traded very very little so and
    there’s very little liquidity and that’s
    the case for a lot of these staked um
    Stak assets like the LPS are not that
    big so you can get these huge huge
    dumps um that’s yeah that’s uh that’s
    actually really freaking wild so I mean
    sucks for people lost money in there but
    it’s
    uh comments so funny but uh it’s uh it’s
    definitely not a great situation to be
    in maybe if you’re planning on working
    on tokenomics haven’t checked multiple
    times and maybe um I feel like a lot of
    the recent points programs were like
    like is it me or like everybody’s lying
    about their points programs to the
    communities and stuff like everyone
    keeps saying like how much Community is
    going to get and whatnot or making it
    seem like making people farm for like
    absurd promises but the last few like
    it’s not the first time this cycle that
    I see people like completely like just
    disappointed about the outcome of their
    farming is that yeah I think it’s it’s a
    crypto thing I don’t think it’s going
    away let’s be honest like points as a
    system allow you to kind of do a token
    okay um without doing it but yeah like
    people have now tried to reduce their
    points times like they were months
    remember the original blur ones were
    like yeah months at a time um they’ve
    still managed to keep hold of doing it
    with Blast for for a few months
    obviously but most most others are
    reducing the time and people are getting
    disappointed with it but okay well
    there’s that in other news CZ four
    speaking of four 44 or
    4244 uh US Department of Justice seeks
    threeyear jail sentence for former CEO
    CZ citing champa’s willful violation of
    US law the toj recommended a harsher
    than expected uh for the former binance
    CEO what do you guys think they’re
    really going to send him to jail for
    three years on top of finding him5
    billion he has think there’s a world
    where he spends three years in jail I
    think that’s what they want that’s what
    they want normally you come somewhere
    between what they want and what the
    defense wants I think I’d heard
    originally it was going to be like 18
    months yeah he in jail he’s going to
    jail it’s just about how
    long it might be three years in which
    case he probably spends you know 18
    months in jail and gets out um let’s see
    but I would be super unsurprised if he
    goes to jail for like one to two years
    here yeah I mean he’s definitely going
    to jail well no in six days four free CZ
    I don’t you guys like C I [ __ ] with CZ I
    mean [ __ ] you guys he was a he died for
    our for our calls he didn’t he didn’t
    actually die but yeah I know what you
    mean he took one he hit one for the team
    he would he would he would take a bullet
    for the company for the for for the for
    the thing I mean [ __ ] $5 billion and
    three years in prison that’s that’s
    crazy according to sentencing memo filed
    Tuesday lawyers for Department of
    Justice recommend that the court imposed
    an above guideline sentence of 36 months
    of imprisonment setting Z’s willful a
    violation of US law uh step graves right
    to [ __ ] the former Biden CEO had gambled
    that he would not get caught and that if
    he did the consequences would not be as
    a serious crime the doj’s Lori argued
    and that Biden’s Wild West strategy of
    failing to comply with the US anti-money
    laundering requirements had made Z one
    of the richest people in the world in a
    celebrity the crypto industry um I guess
    we’ll see I mean this is what you’re
    saying like the 18 months was the first
    original recommendation Mando so it
    looks like they’re like going above to
    try and get him in there uh for for for
    for ters in other news this is one
    that’s worth putting think the US aren’t
    going to jump at the chance to put a
    Chinese National accused of money
    laundering for billions of dollars in
    crypto yeah in jail for as long as they
    [ __ ] can that’s their Olympics bro
    that’s their Olympics
    yeah they are jumping it a bit that is
    their Olympics the the doj’s Olympics is
    to put Z as much I mean you put it
    perfectly Chinese National crypto in the
    US anti-ar laundering thing blah blah
    blah there this is literally their their
    their anyways in other news SEC suggests
    5.3 billion doll fine for Duke Kuan I
    mean I don’t even think du Kwan’s got5 a
    half billion dollars left what do you
    guys think [ __ ] if anything this guy
    should be in [ __ ] jail in the USA for
    for 30 years you know what I mean yeah
    so it’s it’s against him and terraform
    Labs of course sorry it’s building work
    going on outside yeah they have a lot of
    money man they they
    they thing yeah oh yeah they did well
    don’t don’t you worry about them
    um
    so yeah I think guess we’ll see I don’t
    really know like he he he he is he
    getting extra died or not like I
    remember he’s in Montenegro now but he’s
    I think they he avoided being extra to
    the US so he might get extra to South
    Korea that’s crazy by the time this is
    all done this guy’s uh gonna go out
    clean uh and he’s gonna be chilling
    somewhere on an island probably in Dubai
    ibe did you see the update of that Z
    Casino
    thing I wanted to talk about yesterday
    because there was a death threats right
    like there’s a hit on the guy so what’s
    the update what’s the latest geez so
    couple of things have happened since
    then so these people are seemingly they
    are based in Dubai um they are 100% the
    farmer guy from blur said they’re based
    in Dubai and he’s gonna help putting
    them behind bars so I’m trying to find
    it but some one right the telegram chat
    that’s the update you’re talking about
    let’s read this this is this is so black
    dragon appeared to be a VC fund based in
    Dubai here yeah regarding recent drama
    with Z Casino who is who scammed their
    investors for $35 million is we wanted
    to invest some months ago but skipped
    due to Z Casino team going nuts while we
    were doing basic due diligence to
    protect our members and investors check
    the screenshots below between our
    dealmaker and their team don’t forget to
    take your popcorn and I let me tell you
    something I wish I had some popcorn at
    home when I read that last night Mando
    because holy [ __ ] so basically the team
    member of black dragon said guys can you
    send me your LinkedIn you know dogs are
    you dogs can I find anything online and
    this guy goes LinkedIn really
    bro when she goes what no we’re not dos
    and he goes well well the saff be signed
    by who by me so you’ll dox yourself I’m
    giving you a quarter million dollars he
    goes that’s fine but not publicly to
    this point they’re okay with it and then
    one of them promoe this goes a quar
    million isn’t even the
    house so just sticking it to him like
    yeah like everything you are just giving
    us quarter million dollars um not even
    100 e at this point bro is talking about
    like 250k what the
    [ __ ] though this is absurd keep going
    keep going he goes so the the dev the
    ape guy the scammer guy goes um bro is
    talking to to his potential like funer
    right and he goes quarter million holy
    [ __ ] makes fun of him if you’re death
    kidso about it just skip it and uh
    Julian goes um kek I’m just gonna mute
    this cringe chat doc subsession LinkedIn
    la la la what the [ __ ] is going on here
    that’s two flight to New York City and
    back so they’re basically like making
    fun of the black dragon guy for
    requesting something basic when he does
    his DD I mean what uh to then goes talk
    to us when you have some
    money just pass we have enough demand
    don’t need to deal with your
    schizophrenic Behavior take your meds
    and then the other guy goes quarter of a
    million is barely de salary and then
    they try to prescribe him some
    medication what I hadn’t read this
    so and then Philip goes so the guy who’s
    funding it goes is this a hidden camera
    like is this for real and these guys
    goes you should thank Ox monkey for even
    considering your investment we don’t
    need your money especially not if you’re
    G to act like that and then there’s L
    making they’re just hammering it in
    making fun of the guy this is insane
    then goes okay bro thanks for your time
    bro yeah crazy crazy crazy post um and
    if you actually some people have
    actually gone back and looked at this
    guy’s tweets over the last few years
    this see this see psychopath test dude
    he’s uh he’s been tweeting out some wild
    stuff over the last few years I got this
    I took the test yesterday after that
    because the test went viral so basically
    there’s a uh there’s a old tweet from
    him bro that he took a psychopathic
    Behavior test and turns out he’s like
    fully Psychopathic that’s the one de
    posted I’m trying to find it through
    de’s Page there it is so de took this
    right but if you click on the quote
    tweets of the quote tweet this is from
    January 29 when durative monkeys post a
    test and he’s Lally sociopathic like
    he’s right there this is the population
    average and he’s right there at the top
    of he’s Lally at the top top top top top
    Pico top of in between soop sociopathic
    and
    Psychopathic that’s the guy who wrote 35
    mil yeah anyway the other thing is that
    the Chinese whales apparently have h a
    Hitman I saw that on cbbs page uh and uh
    and he says if you’re a Dubai resident
    have been scammed by these 1. $7 million
    jeets uh send a DM uh willing to help as
    much as we can to send subhumans to Jail
    uh in Dubai um and uh and it looks like
    he’s uh he posted
    something
    um it’s gone I you just yeah it’s here
    and so they found him and like there’s
    literal like I don’t found him yeah they
    found him yeah they found him this is
    they posted his passport and [ __ ] so
    this is not us doxing him he’s L post on
    the timeline everywhere but let me tell
    you something holy [ __ ] posted
    screenshot of a chat from Chinese whales
    saying that there’s a hit guy
    like it’s pretty bad I dude like I dude
    the funny thing is he could just walk it
    back it’s not like the funds have gone
    through like he tweeting he’s just
    deposited the money in lier right that’s
    all he’s done um but everyone’s like
    this guy’s rug like clearly he’s not
    building anything I I think he should
    just give the money back rather than
    then like face a Hitman Squad from China
    like that guy that I just saw doesn’t
    look like the sort of guy that’s going
    to deal well with a Hitman Squad from
    China and I don’t condone any of this
    [ __ ] but maybe don’t [ __ ] around and
    don’t find out like I don’t know it’s
    uh dude that’s crazy anyways last thing
    before I go to our film. famam here um
    have you guys Follow The retardo Saga
    with poly markets at this stage like we
    we got to assume it’s fake right but
    even if it is think it’s fake I do not
    think it’s fake I I so I am like torn
    because every time I read something like
    this is real but then this is fake
    whether it’s real or fake it’s
    genius I mean the the the the poly
    markets just thread guys tweet in like
    two hours a poly Market intern uh gone a
    race raal Frank badly terminated him
    pumped the company valuation like 10x
    pumped the retardo bags astronomically
    and pulled off one of the funniest scops
    ever um not only that he also made like
    $300,000 yes so I think the retardo
    founder gave him 300 Grand right yeah so
    it’s Martin gay Hugo Martin Gil Hugo
    it’s h let me find it it’s Hugo so for
    those of you not familiar so I think he
    tweeted from the company account of poly
    Market something retardo like is I guess
    it’s a it’s like rilio like people have
    been using it quite a bit it’s also
    shitcoin also the retardo on Solona have
    been pumping like crazy and the runes
    and this like it’s actually been a
    growing ecosystem part of the whole
    rilio family what not that’s been really
    doing really well actually uh for what
    it’s worth probably one of the only
    performing nfts in the Market at the
    moment um and shitcoins and then uh and
    so apparently uh this so do you think
    this is real like the Susan Susan so
    there’s a Susan lady ahead of HR that
    sent them a letter saying that he was
    fired and then they put out a public
    statement on the poly markets account um
    saying you know they poize for the term
    and stuff but you you really think this
    this is it regarding the recent [ __ ]
    [Music]
    and they put out a whole statement I
    think this is real I gen I think poly
    Market is probably they’re probably
    freaked out because they’re probably
    doing an equity raise under or a token
    soon of course they are probably all
    extra um and they saw this some like you
    you know like we need to save this this
    isn’t po company policy like I reckon I
    reckon it’s real this is a good time for
    us to launch
    ours
    damn I’m just saying uh you know uh it
    would be really cool if there was a PO a
    prediction markets built on top of the
    cryp uh anyways so a notar community
    apologies and action regarding retardo
    incident one removal of tweets the
    offensive tweets containing the
    appropriate language have been promptly
    deleted from a Twitter account intern
    dismissal uh the individual responsible
    for composing and posting a tweet an
    intern within organization has been
    relieved uh of their duties of poly
    Market we recognize the gravity of their
    actions and the importance of
    accountability in third internal review
    so anyways they initiated this whole
    thing but what’s funnier is the is is
    the ratios they’re getting so you have
    Rhino nice work now 95% of the community
    is angry with you instead of the loud 5%
    you initially caved into see how well
    that worked out for y’all and stop this
    woke [ __ ] stop being um whatever um
    you do understand your customer base
    right for mer even polygon bro I think
    anom goes in has the intern been hired
    by someone else yet monad goes in if
    this isn’t their internet sing think
    it’s fair to say he’s hands down the G
    ever doing Brian [ __ ] Brian due to the
    dismissal of the poly Market intern I
    will no longer use poly Market or refer
    friends to use poly Market intern was
    your greatest asset don’t worry Brian I
    got one comment for you Zack well what
    no [ __ ] way you fired the industry’s
    best inter to ever log into this hell
    hole oh my God lawren I mean everyone on
    CT went in and then trading act so
    that’s the guy right Mando trading a
    said DM I’ll send you half a million
    dollars right now if Elon can’t pay
    n-words being sued for free speech um I
    can pay NWS to keep up the Free Speech
    Spirit too blah blah blah any intern
    fight for ring redard uh will you will
    be reimbursed I mean this is so funny
    man like there’s you guys think this
    this oh yeah this is this is real I
    think it’s real I mean shout out to him
    shout out to Hugo Martingale uh he
    clearly one of the best uh to do it I
    guess um and has brought a lot heart of
    attention uh to himself and to everybody
    else that look at this that’s a
    marketing stun that’s absolutely a
    marketing is it s they would have if if
    it was fake they would have removed his
    badge from the Twitter thing sus from HR
    is the biggest [ __ ] meme on the
    internet this is absolutely there’s no
    way yeah there’s no way she’s the actual
    HR person there’s no way possible and
    the fact that they’re using the word as
    well in the pr release like they if
    they’re against using the word fine but
    the fact that used it three or four
    times in their actual PR release this is
    the greatest marketing stunt of all time
    this is brilliant yeah I really think
    this is [ __ ] first I thought it was
    real and I’d have to agree like suzan
    from HR like Suzanne from HR I mean even
    us like we we make jokes internally
    about HR like HR isn’t Bernie is our HR
    at rug radio like he posted a picture
    saying it been logged out of the account
    it takes one click to remove the badge
    off somebody and it deletes the badge
    like they haven’t done that I think this
    this even might be like oh good I don’t
    know an actual account that poly
    Market’s running and maybe that’s their
    like social quote
    unquote pseudonym if you will I mean
    this is so funny important intern sync
    acceptable use of language it’s
    absolutely a marketing stunt it’s
    brilliant it’s genius this
    is he got 5003 he actually accepted if
    it was a marketing St why would he he
    accept 300K from it might not have done
    it might be because it’s pump in the bag
    maybe they’re all maybe it’s like yeah
    we’ll go with it [ __ ] or might donate to
    after to I got trying to pump retardo
    right Rio retardo pumped like a lot
    yesterday like five yeah exactly I I
    just like he wouldn’t have accepted the
    300K he would have been like no don’t
    worry like is his name like does it mean
    anything like if you actually Google
    Hugo marting is it like a I don’t know
    like an anagram or something or does it
    mean to do something else is it actually
    like is all this a big S up it just
    feels like a marketing stunt to me but
    holy [ __ ] it’s a good and if so it’s
    amazing I mean that was yesterday’s
    reaction to like what happened so it’s
    uh it just I mean obviously there’s been
    a retrace since but this big ass green
    candle here like this one here that was
    it it went 23 it Wicked up to 43
    million um I wasn’t this coin for a hot
    second actually uh early on but this
    this is wild so that was that was the
    big news yesterday I I I love this
    timeline I I I have to say I love I love
    this timeline you guys this is just like
    every time there’s just so much
    stupidity going on but at the same time
    so much seriousness and it’s just
    freaking hilarious anyways um that’s
    about and then the other news quickly
    before I go to film. here had a huge
    harambe buy from a wallet that has $16
    million in there I saw Mand post about
    it as well I had seen this from aric uh
    and then that wallet has like what 10
    million of whiff man though and like six
    million of another token like b b and
    with like6 million they have like17
    million of different meme coins they
    bought 800 Grand of harambe yesterday
    that’s crazy um I just think and then
    there was a big Bloomberg article which
    a lot of people posted yesterday which
    is talking about how yes all the major
    hedge funds and VC firms are trying to
    move into mem coins like they’re
    throwing in
    metal I um I think that you’re starting
    to see that there there have been funds
    playing this game for a while oh yeah
    they definitely have and then last but
    not least there a fantasy top tvl that
    passed uh
    fex um I actually signed up to the
    heroes thing yesterday Obie just in time
    I think deadline’s like 40 minutes uh so
    shout out to you for reminding me is
    something you’re supposed to do to do it
    yeah you and you and you signed out for
    fancy talk the heroes uh thingy uh so I
    signed up uh Mando you should sign up
    you have 40 minutes it takes five
    seconds it’s free and you’re going to
    get free money oh really how do I sign
    up uh did we invest in that OA I think
    did I meano is on the on the cap table
    all right okay we did we got we got in
    Smalls but you should still do this what
    do I do fantasy. GG no no no I’m sending
    text but do it now careful careful okay
    F XXX
    yeah I was I was trying to send him a
    draining link so I can take it but I
    just sent it to you bro uh and when it
    goes to post on Twitter just close my AP
    are gone make sure you do that uh make
    sure your apes are gone by the way that
    DJ we’re not going to post about that
    DJ’s intern tweet yesterday huh should
    because I thought it was [ __ ]
    hilirious okay let’s talk about it let’s
    talk about this quickly and then I’m
    gonna move on here but yesterday was the
    board AES turning four uh three sorry uh
    and
    then I uh man your interest is an animal
    bro and I see this on the
    timeline was that mov
    I don’t know who that like I genuinely
    don’t know who that was on our team but
    that was somebody I mean one of your
    team members is a Savage and then the
    same thing today with coolman or
    something but anyways it’s like the
    Happy Birthday Apes thing I thought it
    was I mean I’m still an ape holder
    personally speaking but uh but I thought
    it was funny yeah yeah Bitcoin puppets
    everything like guys seriously this
    fantasy thing is Alpha because if you
    own like puppets a bunch of Bitcoin
    ordinal bunch of eth nfts and stuff you
    actually get free points and look like
    he doing good I’m doing it because I’m
    one of the because if you have like a
    whatever they call an influencer I hate
    that but you have a card made for you
    and people can trade you feels weird but
    I don’t care you guys feel free to trade
    my name I get something out of it
    anyways um and so I I’m doing it I’m
    doing it I’m not fading these things
    because I have zero blast exposure and
    so I was figured OB I was like maybe
    that could be my blast exposure some I
    need something you know yeah it’s it’s I
    think it’ll be cool it’s um the reason
    why it’s it’s got so much
    um so much eth on it is because it’s one
    of the largest receivers of blast gold
    we we were talking about the other day
    and so there’s a lot of there’s going to
    be a lot of blast gold up for grabs for
    using this and if you um if you bridge
    eth now they have this thing called
    fantasy Stars so if you bridge eth now
    you are able to accumulate Stars until
    the 28th of April if that makes sense
    okay so I Bridge e or just like deposit
    e whatever it is so that’s why load of
    people just like moved their e onto
    fancy. top because you can just like um
    whatever accumulate whatever it is but
    you know obviously be careful with the
    stuff because you never I mean we is not
    from North Korea so we’re good no yeah
    we invested but you know things can
    always get hacked and
    exploited um uh so just always be
    careful um but yeah like I think um that
    seems to be the game people are playing
    because there’s going to be a lot of
    blast gold up for grabs yeah
    this one okay well we can we can get
    those Lads on the show at some point and
    see how it goes I just know a lot of
    people are are are going to play this
    game and stuff so I was like okay [ __ ]
    it like I may as well get involved it’s
    free money and that’s about it so that’s
    a good Roundup let’s get our film The
    ioam up on stage there a whole damn
    there’s a whole bunch of people watching
    those Lads on the show at some point and
    see how it goes I just know a lot of
    people are
    are check check one two check we good
    that’s some nice hair and a nice beard
    what’s up Ian what’s up Asa
    he need you to put your phone on mute uh
    just your phone side there you go if you
    lower the volume I thought you’ll be
    good let’s see it let’s
    see uh oh hold
    on I think if Ian you put your phone
    away it’ll be fine what’s up ASF how you
    doing I’m going to put my phone away I
    yeah this is the phone don’t worry it’s
    not the first time we’re used to this
    it’s because when you have your phone
    and we’re doing the video thingy uh it
    does that you know while we’re while
    we’re doing this we if you for someone
    who retweets the Twitter spaces it’s at
    the top bottom right there’s a purple B
    I’ll give you a 100 bucks I’ll pick a
    winner after this and we’ll pick a
    winner like live like this like we
    usually do with the number and we’ll
    give a 100 so make sure you retweet the
    Twitter spes we have our show Partners I
    mean Asaf I Ian who has been partnering
    with us sponsoring our our morning show
    for a minute now um and from film. I’m
    really excited to hear more about you
    guys but first ASA Ian how you guys
    doing this morning good morning
    excellent you guys got great hair man
    where’s the freaking gray somebody you
    guys are all beautiful dark long hair
    man we’re not we’re not there just yet I
    could definitely tell you that uh if I
    keep you know if this Market keeps going
    the way it’s going I’m gonna have some
    gray hairs uh but uh I I found one gray
    hair actually popping out of my face the
    other day um it’ll happen it’ll happen I
    promise you the older you get the more
    you’ll the the more you’ll see so you
    guys are great man if if this whole
    conversation in my in my opinion is
    about
    governance and it’s and it’s governance
    for the People by the people that’s what
    you guys are sitting here doing is
    you’re saying what are the people saying
    about what’s going on
    and the the market you’re talking about
    the state of the world the whole thing
    at its root is governance and that’s
    really big part of the story of filo so
    I I’ve been enjoying listening to you
    guys talk about all the crazy stuff
    going on in the market because it’s
    about what the people think about what’s
    going on and that’s what matters
    most I uh I uh I I I love that and I
    love the way you’re saying I can tell I
    can tell you’re creative and I can’t
    wait to talk about you with filming and
    what you’re building but first ASA how
    you doing today good morning good
    morning good morning good morning I’m
    stoked to be here with you all today so
    just a usual fanboy but uh yeah thanks
    for having us look I I’m I’m excited to
    talk to you guys about filo I mean we’ve
    we’ve we’ve we’ve had you on the bottom
    screen you know you’re one of the two
    names that I’m screaming every day I’m
    like fil Meo the decentralized film
    right the network blah blah blah every
    single day and now people ask me yo FR
    what the what the hell is this filo
    thing you know what the hell is this
    filo thing so I’m GNA throw questions at
    you guys whichever one of you wants to
    pick it up please pick up on it but
    first like what is filmo like what is
    film. what what’s the mission and who is
    it
    for filo is a collaboration of fans
    creators and investors that come
    together and use blockchain technology
    and artificial intelligence machine
    learning
    to
    Greenlight film and television projects
    it’s it’s it’s you know pretty
    straightforward it
    is right now there’s this Global
    entertainment community that is mostly
    controlled by a fairly small group of
    companies and those companies make a lot
    of their decisions based
    upon
    Financial but not based upon quality of
    idea and and it’s a very closed it’s a
    very closed Marketplace there’s
    according to our research 5.4 million
    creators out there that don’t have
    access to the machine so you know take
    technology take a love for Crea
    throw those things in together do a lot
    of this for a for for a little bit and
    voila a new way to do this that’s a
    collaboration that honors fans who are
    kind of an afterthought in the whole
    entertainment world today and it
    elevates
    creators and makes projects one of the
    most important parts of the conversation
    which is what it should
    be yeah no I I I love that I mean
    aligned with the with the with the ethos
    here uh it’s usually the participants
    that get the least amount of value out
    of any sort of uh Network that’s for
    sure which is L the premises on which
    rug was founded uh three years two two
    something years ago originally uh with
    creators also being at this left right
    front uh and and center of fil iio says
    United fans and creators allowing them
    to green light and create great movies
    and TV series free from Industries long
    had centralized control oh wow so so do
    you have any examples of like how this
    has worked in the past
    or we we launched the platform at
    Sundance on the 21st of January and then
    we premiered it at South by Southwest so
    we’re really just entering the world for
    the first time we we were in stealth for
    a while building this machine that that
    that is now available to anyone anywhere
    in the world and the whole idea is
    access right so the first thing is
    anybody can join and then anybody on the
    plat form can launch a project there’s a
    minimum viable project you got to have a
    log line a lookbook a poster and a
    header image and then you can launch it
    and every project is reviewed because
    we’re trying to keep hate speech and
    pornography off the platform but beyond
    that um it’s it’s really about what the
    audience wants to see and the audience
    are invited to participate in the
    marketplace and support projects in a a
    variety of ways and their support is
    part of the process of driving the
    algorithm
    which elevates what we call the ghost
    score which is the algorithmic
    representation of the potential for
    commercial viability of a
    project I’ll uh I’ll just jump in but at
    the end of the day um filo uses the fan
    token to fuel collaboration and to see
    the outcome to date uh there’s
    over 35 million fans Ted into I think
    more than 200 projects on the platform
    wow um and that’s to ‘s point uh you
    know the platform had only launched to
    the public at sundan film festival in in
    January um the other actually really
    exciting thing actually just from last
    week one of our creators uh on filo
    Javier Ro just got accepted into a very
    lucrative uh Labs on the K’s uh Film
    Festival oh no way that’s two months
    after uh the guy listed his film uh on
    filo so that’s kind of early proof of
    concept to the power of the fend token
    to essentially send that strong signal
    uh to The Gatekeepers and let our people
    in that’s at the end of the day um yeah
    that’s wait that’s crazy hold on you’re
    likeing here you la this Sundance and
    you got someone already in the the film
    festival the can film festival through
    the fil the filo platform that is into
    the can’s Labs we’ll we’ll share the
    links later but yeah his film name is my
    stalker it’s on the platform go in on
    fil me you’ll see there when you join
    you get the fen token you can start
    staking immediately so if you want you
    can even stake to my stalker that’s okay
    so you can St behind Okay so I was gonna
    ask you like because that was gonna be
    my next question is like obviously
    there’s a token tied to all this like
    it’s tokenized and everything the
    platform which a fat token that I was
    just showing on screen and so how
    exactly does this token play within like
    the ecosystem like it’s really basic at
    the onset the the black paper has all
    the future utilities and the team has
    been building in stealth for more than
    two years with Partners in the industry
    you know polygon magic link uh recently
    we partner with on three consensi pixel
    links and the Black
    Mirror you know we’re we’re building you
    know we’re coming from within so at the
    end of the day the the utilities in the
    black papers you can go over it it’s
    it’s a lot like it goes all the way to
    funding but at the basic level fan is
    used by uh by the da to submit uh to
    stake into projects on filo and each
    stake is essentially a vote an up vote
    for the project this impacts the ghost
    score that Ian mentioned and we
    definitely don’t have time to dive into
    that but ghost score just takes
    blockchain metadata and translate it
    into layman terms essentially an easy
    score to assess Based on onchain data
    what is the traction and and validation
    that the project has so at the moment
    fan is used specifically just for those
    creative votes every day people are
    coming into the platform they use their
    fan they put it where their mouth is to
    support creators and on the other side
    creators get you can check my stalker
    page but every day you can see the
    amount of fans that have been sted into
    your pro project
    yeah dude that is that’s pretty
    clever that’s all Ian in the crew
    so that’s I because I I’ve obviously
    like we we talk often like okay how is
    music nfts going to find its Su case
    into the industry how is film nfts and
    film 3 going to like have this like this
    moment right obviously I’ve seen films
    funded via nfts shout out Julie Pino
    shout out few other people have done it
    but it’s like but but now what like we
    need a little more like on the
    infrastructure level to be able to like
    break those barriers for creators Etc
    like it’s very similar right to what
    works achieve we have and honestly we
    think keeping it super simple and just
    using Tok to build communities and and
    essentially F collaboration that that’s
    where it all starts once we know from
    web 3 Once communities rise they get the
    power they can make a difference we are
    going to disrupt as a community the 100
    billion you know kind of flocked film
    and TV Global industry that is reserved
    to Hollywood at the moment this is this
    has started essentially and there’s a
    there’s a lot going on on your platform
    like this is like when you go on the
    website Fon IO like there’s a lot of
    projects movies and TV projects that you
    guys are supporting hundreds of projects
    from from everyday creators who all
    share a love for their IDE
    I mean you know I always like to say
    nobody ever went to a theater if there
    wasn’t a Creator because there wouldn’t
    be a project and and creators just want
    to make things
    and you know how many great Independent
    films could you make with one $200
    million budget I’m just saying it’s not
    that I don’t like big Studio films I
    love big Studio films but I want to see
    lots more films I don’t need to see just
    the big budget films all the
    time that’s that’s really
    interesting I have never seen a use case
    like
    that well we would like to we we would
    like to offer the idea that we are a
    very very deep and Rich real use case
    for the blockchain you know that’s a
    that’s a conversation out there in the
    world where people are always like yeah
    rug PES and and and shitcoins and and
    you know the the the there is so much
    negative hyperbole in the marketplace
    about our industry and and you know
    let’s face it a percentage of it is true
    but filo is the real deal it is a
    machine built to Foster
    collaboration and ultimately use this
    technology to
    Greenlight film and television the film
    and television that the world wants to
    see and that’s the really key part of it
    future of like indie film making and TV
    like this is how you get directly to the
    people and the people and you it’s
    almost like an you know how you build a
    company through an nft project you
    automatically have like a fan base a
    community it’s very similar right you
    have this token ecosystem Community
    that’s built within film iio and then
    withing tools that include things like
    nft studio and crowdfunding and Defi and
    all these different Finance tools that a
    Creator will have access to when they
    come online that they’ll be able to use
    to fund their projects creators care
    about three things they care about their
    idea they care about raising the money
    they need for production they care about
    distribution those are the three big
    things and on our platform you build
    audience you raise production funds and
    you gain distribution through
    technology huh you got you got my
    Creator and media brain thinking about
    this we and I got one for you so we like
    to say that we’re web
    2.5 because we exist in a world of web
    three for sure but most of the people
    the world’s fans aren’t crypto users so
    we’re always working to create an
    environment that is both legitimate to
    the crypto world and userfriendly to the
    non- crypto world so everything is
    happening in the background that you
    guys you know uh a polygon scan and and
    and and uh you know blockchain records
    and all that but you don’t have to use
    hashes and you don’t have to be con
    concerned with gas and and a lot of the
    normal ways that things work in the
    crypto world to participate in the
    marketplace on filo so you don’t have to
    be a crypto
    person interesting okay really really
    freaking cool this is I I need to chat
    with you guys offline more about this
    but anyway I mean my last question for
    you guys really was about you know what
    are some exciting exciting sorry
    exciting things you got coming up maybe
    some alpha or something like tell let
    the people off with something that you
    guys are doing that’s really
    cool go us off yeah I mean today is an
    interesting day so good and and this is
    also you know very um you know in the
    stars because I think our show like we
    were supposed to be together last week
    and because of everything in Dubai we
    had to reschedule for today so so this
    morning actually filo and coin list uh
    announced an 11 million fan airdrop to
    the coin list community so I can share
    that right now it’s actually live go to
    coin list dashboard and and jump into um
    our new Quest and uh and uh and you know
    collaborate with the creators on the
    platform and as you collaborate you’ll
    be able to um to claim your fan and and
    get involved in the community so I would
    say that’s absolutely the first one the
    the other thing you want to check out
    just because it’s super entertaining
    we’ve um we’ve started the quarter and
    or the year kind of going big and and
    moving to public from stealth uh so filo
    had been at Sundance and South by uh
    there’s a whole directory of interviews
    and exclusive content on our YouTube
    channel uh definitely check that out um
    and yeah you know get your fan stake it
    enjoy your uh fan governance rewards
    which is uh essentially
    fgr um and yeah join the fam we’re here
    join the fam I mean there’s a lot of
    creatives that listen to us every day
    we’re Crea Network right like a lot a
    lot a lot of creatives that that listen
    to us a lot on here so that’s that’s
    cool so if and and then the coin listing
    is [ __ ] sick by the way congrats on
    that that’s not that’s that’s a pretty
    big deal so they’ve got 11 million
    tokens um that you know they’re going to
    be giving away uh to people right that
    actually want to get involved with you
    guys so congratulations guys uh this is
    really cool where are you guys based
    actually just curious is I mean unless
    you’re not do but we’re we’re
    everywhere let’s go let’s go and the
    East and in the west let’s go something
    you love to hear you know um it takes a
    it takes a village and we’re trying to
    build a global entertainment Marketplace
    and we’ve always been open to working
    with people from anywhere in the world
    because we need a Global Perspective and
    we have a fairly um a a large
    distributed
    team I love that I love that same here
    we’re we’re all over the world I mean
    it’s whenever people ask me where Torito
    from I said I don’t know I mean I’m
    Montreal I’m looking at watching over
    snow coming out it’s still snowing aming
    amazing I envy you
    yeah aoft brother I was bullish on you
    five seconds ago too much son too much
    sun too much sun where do you live well
    I am I’m in La I’m not going to about
    any of
    it best climate in the
    world no actually actually I’m in San
    Diego we have the best climate in the
    world let’s go I mean you guys in
    California and Mando and Portugal like
    there’s no re there’s a reason why
    you’re all smiling so much all three of
    you uh it’s is crazy it’s going more and
    more and more and more and more as as a
    kid anyways Assaf Ian thank you very
    much for being partners of ours like you
    know we really appreciate our partners
    on this show rock radio F hour without
    our partners makes it harder to do what
    we love doing every single day so it’s
    important to have people like you
    supporting people like us so clearly you
    guys support creators big time um you’ve
    accepted to partner with us every day so
    it’s been really cool um to have you
    guys hey it takes a village you
    guys yeah it does take a village listen
    I want to see uh I’m G to have Bernie
    set up something with you guys see what
    we can do after because I think what you
    guys are doing is great so every time
    now it’s cool because like I asked a lot
    like FR like I’m a movie person like
    have you see any film web 3 like
    integration I keep saying no like yeah I
    have like fundraising through nfts but
    that’s like whatever like it’s cool but
    it’s not like an actual blockchain crazy
    integration fil me out there you go the
    most powerful decentralized Film
    Production Company Studio everything
    let’s [ __ ] go I and the off thank you
    for coming today I appreciate y’all see
    y’all next time all right all right all
    right well Mr Mando mandito Loco I will
    see you tomorrow morning um I will be
    going coming to you live from New York
    um as I need to [ __ ] travel today
    again bro my god um got playing dude
    it’s snowing like [ __ ] crazy here uh
    anyway I will see you tomorrow morning
    same time same place oh I got to pick
    someone man give me a number give me a
    number oh you know what no tell me just
    tell me to
    stop oh do it again do it again
    stop here Rippy Rippy Rippy feed Rippy
    feed so this person it’s a b pfp Rippy
    feed you want $100 if you have a robit
    account shout out to robit you know they
    give us all his money to give you guys
    away so Rippy feed here’s for Bernie on
    the screen Rippy feed H congratulations
    well you just won $100 for um for just
    being on the show so congratulations on
    being on the show and with that with
    that with that we’ll see you tomorrow
    morning 10:30 a.m. eastern standard time
    for another episode of fomo hour on rck
    radio let’s go
    [Music]
    a

    FOMO HOUR #104 – THE MEMES ARE BACK!

    ETFs see third day of inflows, memes lead gains. China FX outflows soar, linked to BTC rise. ETH ETFs now unlikely in May: StanChart. REZ faces tokenomics FUD, to launch on Binance. REZ staked ETH depegs causing mass liquidations. WLD to increase circulation supply by 20% over 6-mo. SEC suggests $5.3B fine for Do Kwon. Prosecutors want a 3 year jail term for CZ. Major memes rise as supercycle theory returns. Hedge-funds succumbing to memes: Bloomberg. Many SOL memes bounce with WIF. Polymarket intern sacked for ‘Retardio’ tweet. RETARDIO, MOG, BITCOIN all rally in response. HARAMBE sees $800K bought by one wallet. POPCAT hits ATH, on-chain volume flips WIF. PUPS continues to drop as Runes hype fades. Jupiter acquires Ultimate for mobile trading. Fantasy sees $30M TVL before launch. Squiggles bounce after a large sweep.

    Chapters:
    00:08:32 – The Rise of Meme Coins
    00:12:17 – The Cycle of Shitcoins and Paper Money
    00:16:03 – The Memecoin Super Cycle
    00:20:05 – Ducks Everywhere
    00:24:29 – Potential Market Liquidations and Asset Dumps
    00:28:45 – Attempt to Put CZ in Jail for Money Laundering
    00:33:01 – Psychopathic Behaviour and Chinese Whales
    00:37:21 – The Poly Market Intern Incident
    00:41:25 – A Marketing Stunt
    00:45:36 – The Fantasy Game and Accumulating Blast Gold
    00:49:31 – Governance for the People, by the People

    #crypto #cryptocurrency #bitcoin #ethereum #blockchain #fomo #podcast

    PLAYLIST = https://www.youtube.com/playlist?list=PLGSgoImPFTiVpkHhLXF78cE_Z3uG7VNGL
    PODCAST = https://podcasters.spotify.com/pod/show/fomohour
    LIVE SPACE = https://twitter.com/i/spaces/1LyxBnQEMDnxN

    Channels:
    https://linktr.ee/fomohour

    https://www.instagram.com/fomohour

    Hosts:


    FOMO HOUR brings you all the latest news, updates and headlines from around the world inside and outside of the Crypto, Blockchain and NFT markets. Join hosts Farokh, Mando and OSF as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:30AM EST to 11:30AM EST on YouTube and X.

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