On the mic
Summary
Dave @DCBK2LA opened by explaining $THON, a story-driven meme token he launched that morning, and was clear that it has zero utility and that anyone buying should be ready to lose the money. The panel then covered the Jimmy Butler and Bitboy settlement and the toll fame can take, followed by Mt. Gox repayments to 19,000 creditors, which Kool @koolcryptovc and NatNat @Natnatx007 argued are mostly priced in. A large part of the show went to Andreessen Horowitz's $80,000,000 investment in PIP Labs and Story Protocol's plan to tokenize IP, along with airdrop strategy, NFT holder rewards, and a ComputeLabs and Plume partnership to tokenize GPU computing power. NatNat @Natnatx007 broke down the 818,000 downward revision to nonfarm payrolls, and the room went on to housing, tax proposals, and inflation-adjusted market highs. Kool @koolcryptovc closed by urging listeners to stay humble as they make money. All of this is discussion, not financial advice.
Chapters
Key quotes
“I am promising zero utility so everybody understands.”
Dave0:05:26Share on X
“I would never promote a token without disclosing that I got paid from it.”
Kool0:14:57Share on X
“I'm not impressed by followers. I'm not impressed by views. I'm more impressed on what this guy is actually saying.”
NatNat0:18:22Share on X
“Like, the protocol that's gonna make you risk probably hasn't been launched yet.”
“Patience is key. The the most patient investor is the one that gets the most money, the one that gets rewarded.”
Excerpts
Dave explains launching $THON, a zero-utility, story-driven meme token
- 0:05:11 Dave you guys saw what I did this morning. Right? You you see it. You see what's happening over here? Like, I'm full on shield mode right now. Like, I'm... I literally launched a shit coin this morning.
- 0:10:44 NatNat Yeah. Yeah. I heard I heard some of it. Unfortunately, I did have to jump off.
- 0:11:02 Kool Yeah. My... Yeah. Yeah. My... Was driving, man. My my phone broke, so I was like, I could not go back. The epic... So I've been going to Robbie's space for for for, like, at least six months now, I think. Oh, yeah…
Jimmy Butler and Bitboy settlement in the Binance investor case
- 0:12:39 Dave But in in... Along the same lines, Jimmy Butler and Bitboy crypto agreed to pay 340,000 in Binance investor case. What? They had to settle claims because Jimmy launched the token via Bitboy, and Bitboy promoted the…
- 0:13:35 Kool No. No. It's interesting. Interesting. No. No. You you... No. No. You go you go first. You go first. I don't think... You go. You go.
- 0:14:32 Dave Yeah. Nana, I don't know what kind of workout you're doing, but you don't sound out of breath at all. If it... If that workout is rice and beans, I'm just
Bitboy's rise and fall, and disclosing paid token promotions
- 0:14:57 Kool Yeah. So so you guys don't realize that at one point, Bip Boy was the number one huge... Actually, the number one crypto crypto influencer in the world, not just in The US. You know, you guys don't realize, this dude…
- 0:18:00 NatNat Yeah. Think I think it also has to do a big factor on mental health too. Right? Because I believe there was a video of him, like, spiraling.
- 0:18:55 Kool No. On that that that... So at the beginning, it was always like this. At the beginning, it was like us, humble dude, family guy, churchgoing guy, all that stuff at the beginning. The first two years, I think, at the…
Mt. Gox repayments to 19,000 creditors and whether they will sell
- 0:19:33 Dave Yeah. If y'all remember, like, they literally set him up at... I forgot the name of... Oh my god. What was it called? It's not Snap Media. Shit. I forgot what it was called, but remember when the guy caught him on…
- 0:22:23 Dave Yeah. And rugged everybody for a shit ton of money. But, like, with all these legal proceedings and whatnot, obviously, like, this was, like, the longest, like, reclamation of, I mean, any asset probably, like, in…
- 0:24:02 Kool Yeah. It's it's been it's been ten years since, you know... Probably about ten years and change since people have kinda lost their money and now began it back. I don't really think it's a big deal, honestly, because…
Andreessen Horowitz invests $80,000,000 in PIP Labs and Story Protocol
- 0:25:35 Dave Yeah. Great points. Yeah. It's almost like... And I hear you, Cole, like, on the exhaustion tip. You know what I mean? It's like, god. I'm just tired of hearing the same shit. Maybe it's just news outlets looking for…
- 0:30:03 Dave You got in on the fucking seed round. You got in early, didn't you?
- 0:31:07 Dave Cool. What... Yeah. Are you doing that? Do you want me do want me to to give, like, the Junie kinda explanation of the story? Or...
AI explainer on Story Protocol and tokenizing IP
- 0:34:23 Dave Dope. Great explanation, Junior. I appreciate it. Thank you. That was pretty straightforward. Cool. Go for it, bro.
a16z-backed airdrops, the slots NFT collection, and the Celestia ecosystem
- 0:34:30 Kool Yes. Well, yeah, this project, it's it's gonna be big, man. A six and z is behind Uniswap, one of the biggest airdrops in crypto history... In crypto in in crypto history. A six and z is behind multiple massive…
- 0:37:29 Dave No. No. You hear me? He's like, you know, not to... I don't wanna brag or I don't wanna do this as he laughs his way off into the mute button, like, this motherfucker. Can you believe this?
- 0:40:49 Kool Because they only they only... If if the collection is only 2,500, your, the rewards will be be, you know, so let's let's talk. Right? So Celestine NFC, it's a... The tier one NFC on Celestia blockchain. Right? Before…
Whether NFTs are making a comeback through holder rewards
- 0:42:45 NatNat Do we think that NFTs are making a comeback? Because we're seeing a lot of projects do the same thing. If you have an NFT, you could qualify for certain different things on the ecosystem.
- 0:45:52 Kool I could give it a bro. You you have very nice voice, man. You could you could open up only fast,
- 0:46:34 Kool No joke. She farts on camera and get paid $1,415,000 dollars a month.
Kool shares a Story Protocol Discord role opportunity
- 0:49:00 Kool Okay. So about this too, I do have some offer for you guys. There is a disco... I already have it. Guess I didn't drop the alpha. There is a disco role you could get right now. I I... Let me let me let me give you guys…
- 0:51:04 Kool shit is this? No. I want... I want... I was I was gonna drop that. I didn't realize you saw Spare Protocol news. I didn't even know I had it saved up already. I was gonna talk about this already.
- 0:51:53 NatNat Preston, between feed picks and farting, I think we'll make a whole lot more than $40.
ComputeLabs and Plume partner to tokenize GPU computing power for DeFi
- 0:52:40 Dave Okay. Let's move on. I had to do it. I'm too good at that. Like like, literally, that sound is something I'm just way too good at, so I had to make that happen. But... Yeah. What the fuck? Okay. Let's go on to the next…
- 0:57:44 Dave I... That I do not know. I haven't kept up with them in a minute, so I wouldn't know. Wouldn't be able to tell you.
- 1:00:39 NatNat I love this. I think this is... These are two projects to keep an eye on, Plume and Story. I think a good follow-up spaces within a few months or so would be cool. That way we keep an eye on it. But those... These two…
Post-TGE price patterns: Arbitrum, SUI, ZRO and OP
- 1:04:59 Dave ask you this, though. Right? Because this is a little bit different. Right? Like, with the... Or at least the way I see it is when you have this many people, right, and and and this many teams and people using this…
- 1:07:55 Dave Cool. I think Cool is still holding ZRO. Cool. You're still holding a ZRO airdrop. Right?
- 1:08:32 Kool No. Bro, bro. And I'm not the only one, man. There's... There there... Damn. No. It's easy, you guys. So so this is not easy. I'm... I'll tell you that right now. It's not it's not a work question. Now I'm trying to do…
Nonfarm payroll revision of 818,000 and what it signals for the economy
- 1:10:16 NatNat Yeah. So today, the the revision came out. The jobs and non form payroll revision came out. So context. Remember in the beginning, the first week of August, we had a space. Our spaces run from Monday to Thursday. On…
- 1:14:27 Kool Yeah. But I I would... But definitely would say, though, that it's it's not... It's not market crash. Gonna it's gonna bring crypto down at least in the short term. Right? I mean... Definitely. Right? I mean...
- 1:15:59 Dave So, like, on a scale of one to 10, Nat Nat, how patient would you say that you are?
California home-buying proposal and a mortgage broker's view
- 1:16:28 presley.eth I I would say that's fair. I just wanted to bring up... I saw Grant Cardone. He posted about the California proposes proposes a bill for the illegal immigration to buy homes with zero down, zero interest, and there's…
- 1:19:06 Dave All we do is make fun of them, constantly. So, unless there's a joke within there, I'm... We're gonna have to refrain from any responses. But what I will tell you is they're throwing this poor old schmuck under the bus…
- 1:25:41 Dave Yeah. I think what we just described is like a Tuesday, or at least it feels like that. But, I know we're coming up on some time, and I just wanna chat about something at the end really quick. But, Bilbo, I wanted to…
Preview of the next day's Futureverse-focused space and closing thoughts
- 1:29:10 Bildo Verde Yeah. I mean, I I hit you up earlier about Portal Coin because they just announced a partnership with Portal Coin, which seems like it's just making, like, on on chain payments, but with, like, any type of currency. I…
- 1:31:46 Dave no. Great. Great. Great space, guys. Cool, Matt. Any, obviously, closing thoughts before we jump? Yeah.
- 1:33:31 Kool went to. Yeah. Wait. Wait. Wait. You... This dude was so big that he would make a song, and that song was causing riots in The UK. Yeah. They made a song called clocks. Clocks like some some pearl shoes. This song…
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