0:05:11Dave Launches $THON Meme Token
Dave explained launching $THON as a zero-utility story-driven meme token. The group discussed the Jimmy Butler and Bitboy settlement in a Binance investor case involving paid token promotion. Kool described Bitboy's past as the top crypto influencer with over 5,000,000 followers who helped launch many YouTubers before fame led to his downfall including lawsuits and loss of family and business while stressing the need to disclose paid promotions.
0:14:57Bitboy's rise and fall
0:19:33Mt. Gox Repayments and Market Impact
Dave noted Mt. Gox is repaying 19,000 creditors in Bitcoin and Bitcoin Cash after years. Kool viewed the roughly 728,000,000 in repayments as already priced in given the 1,200,000,000,000 Bitcoin market cap and said he is tired of hearing about it.
0:19:33000 creditors and whether they will sell
0:25:35a16z Backs Story Protocol for IP
Dave highlighted Andreessen Horowitz investing 80,000,000 in PIP Labs and Story Protocol to tokenize IP and enable fair compensation for creators especially with AI. A speaker gave an explainer on how Story Protocol lets creators tokenize works on blockchain for transparent licensing and automatic payments. Kool called it one of a16z's biggest investments with potential for massive airdrops. The group debated if NFTs are returning via holder rewards.
0:34:30The slots NFT collection, and the Celestia ecosystem
0:42:45Whether NFTs are making a comeback through holder rewards
0:49:00Kool shares a Story Protocol Discord role opportunity
0:52:40Tokenizing GPUs and Post-TGE Patterns
Dave covered the ComputeLabs and Plume partnership to tokenize GPU computing power for DeFi use and make AI resources accessible without hardware. A speaker discussed post-TGE price patterns noting Arbitrum SUI ZRO and OP often drop 70 to 80 percent before rallying significantly. Kool compared launches to how protocols reward tier one NFT communities.
1:10:16Economic Data Housing and AI Future
A speaker raised a California proposal for zero-down zero-interest home loans to 2,000,000 immigrants. Bildo Verde as a mortgage broker doubted many would qualify due to income limits and work situations. Bildo Verde previewed the next day's Futureverse space and expressed excitement about AI tokenization and patents.
1:10:16Nonfarm payroll revision of 818