On the mic
Summary
Dave, NatNat and Kool hosted Theo, a cofounder of Silencio, a commodity-based DePIN app that turns smartphones into sensors that record surrounding noise levels in decibels without collecting any audio content. Theo explained how users earn points by discovering hexagons, checking in at venues and referring friends, with 5% of the total token supply set aside as an airdrop for beta users ahead of a native launch on Peak planned for the fall. He also covered privacy, who buys the data, why the project chose Peak, and how commodity-based DePINs compare with hardware-based ones. After Theo left, the hosts covered rate cut odds and the latest trade deficit report, Flow's Crescendo EVM upgrade, and frustration from the community over the Grass airdrop and how referral farming works. The show closed with a long security segment on Lazarus Group malware, address poisoning, exchange deposit mistakes and why to always send test transactions. All of this is discussion, not financial advice.
Chapters
Key quotes
“The stock market is all patterns and cycles.”
NatNat0:44:28Share on X
“The dollar the dollar value of a protocol is not how you how you measure.”
Kool0:49:57Share on X
“Take the time to be safe with your money because your money deserves it.”
Dave1:26:10Share on X
Excerpts
Opening, hosts check in and an AI-voiced intro for the Silencio guest
- 0:02:49 Dave What's up, guys? Where the hell is everybody? Theo, thanks for being on time. Obviously, this is amazing that you're here. And, of course, I don't know where anybody else actually is. So let me just get... Me just be…
- 0:03:47 NatNat Great. I'm actually outside enjoying, the balcony with my mom and just hanging out. Excited for this one, though. I love, love, love deep pain. So I'm always down for these kinds of conversations for sure.
- 0:04:42 Dave Who the hell is Bernie? This is what I wanted to know. This is a first. Hey, Junie. Can you give us the intro for Celencio, please, in all things crypto? Of course. I always wanna need her to work.
Theo introduces Silencio: smartphones as sensors measuring noise in decibels
- 0:08:12 Dave So, Theo, that's wild. Right? Like, when I think about it, like, I personally... I don't think... And and I don't know if I'm different, but, like, I have never literally looked how noisy a place is. Maybe it's because…
Noise as an overlooked urban pollutant and its health effects
- 0:10:01 Dave That's incredible, man. And, Nat, obviously, cool. Feel free to jump in whenever you guys want, but, like, I... Because you know me, I'll ask questions, like, literally all day. Nat... Actually, Nat, I know... Did you…
- 0:10:24 NatNat No. Not yet. I do have it up and running. I have an account. I have everything set up, but I haven't... I will do that after that, though. My mom and I, we're gonna go go for a walk, we're gonna test it out.
- 0:10:33 Dave Oh, let's go. We're already getting mom involved. So, Theo, tell me, yeah, tell me more about, like, how many people do you actually have using Solencio?
How to earn: airdrop of 5% of total supply, leagues and referrals
- 0:13:13 Dave I literally just stepped outside for a quick second to just to go throughout the garbage deal. And I literally... Like, all of a sudden, my ears are now, like, dog ears, and I'm listening to the garbage truck go by…
- 0:14:49 Dave So who do you sell this data to? Who does this data go to, like, specifically?
Who buys the data: data aggregators now, platforms and real estate companies later
- 0:16:20 Dave Impressive. Yo. I have so many more questions. God deal. I wish you could stay for the whole hour, man. Okay. So give us the tips and tricks of the trade. Right? Because I know, like, if... I use, like, HiveMapper…
Hexagon discovery, venue check-ins and the "Helium meets Pokemon GO" idea
- 0:17:34 Dave 43 square meters is 462 square feet. That's literally nothing.
- 0:17:59 Dave So is this kinda like a... And and, Zaya, I see I'm coming over to you in just a second. I feel like this would kill with, like, the Pokemon GO crowd. You know what mean?
- 0:20:16 Dave So not yet, Zayed. So so hold off for now because we have a guest here. I don't know if
Privacy question: decibels only, no audio content
- 0:24:08 Kool Yeah. Sorry. Sorry. No. I'm here. Was just listening. No. So it would be nice if we... Because a lot of audience, they probably... You know, these guys are users. A of you guys like to test our protocols, stuff like…
- 0:25:09 Dave Yeah. I can create that literally right now. You guys know me and my my junkie GPT usage over here. So I can have that. I'm gonna copy the link from the App Store. I can link that as well.
- 0:25:49 NatNat Yeah. I... I'm okay with you doing it. It's fine. Go ahead and pin it up. I guess everyone will go to that link.
Why Silencio chose Peak, unique machine IDs and launch timing
- 0:28:48 Dave No. I think you pretty much nailed it. Any spit... Like, any... Like, I always like kinda digging a little outside the box sometimes. Like, any, like, outside or, like, like, uncommon or maybe, like, not the most…
Road map: the machine economy and tapping into IoT devices
- 0:30:21 Dave Yo. This is so crazy, man. Like, listening to you, Theo, like, I'm just like, man, like, given where we are right now, like, where we're gonna be in in... Just in, like, three months, six months, let alone, like, a few…
- 0:32:36 Dave Okay. I'd be remiss if I didn't ask this question. Sorry. And this will be my last one, and then if anybody else has one, but, like... So the average person that's using the platform, right, how much money are they…
- 0:33:57 Dave Amazing. And did you give a date yet, you said, or no? You didn't give a date?
Geo-fenced rewards and commodity-based versus hardware-based DePINs
- 0:38:35 Dave Good stuff. Raj, I appreciate the questions, man. Theo, I know... Oh, I saw MSB came, but then then dropped down. Samara, I know that you're up here. Did you have any questions for Theo?
- 0:39:29 Kool No. No. Nothing. I appreciate you, Thea, for coming through, man, answering questions. This this wasn't even planned AMA like this, so you... I I appreciate, you know, you... Your your openness about all the questions…
- 0:41:41 Kool Yeah. That that... They... That was pretty cool, man. That was really cool. I I I like I like the... This interesting project, man. Definitely, when I when I get home, I'd see on the driving traffic kinda sucks over…
Macro: rate cut odds, trade deficit report and Warren Buffett's cash pile
- 0:42:58 Kool If if you visit Type two, we we could have a a a... Not not tell us what's what's what's going on with the Web two Web two market, the start start market, what's going on. I think I saw some... Something the odds of…
- 0:43:30 Kool Yeah. I'm I'm praying they don't do that, man. Because if they do a 50 rate cut, that... That's scary. To me, that just signals that something's really bad, man. So... But, man, these guys, I don't trust them. They…
- 0:47:07 Kool Yo. Thanks, guys. Hey, Dave. Are you are you back yet, or or should you keep going?
Flow's Crescendo EVM upgrade and chains adding EVM compatibility
- 0:47:28 Dave So here's the latest now on... You guys remember what we reported on yesterday, right, where we said XRP is now gonna be adding full on EVM compatibility as a side chain to the XRP Ledger. Right? So today, the flow…
- 0:52:58 Kool No. No. No. I I I wasn't really big into NFTs, man, back back then. Like, no. I I knew I knew there was a massive hype with with that, and they're doing very, very well. But I I... You know, it's it's difficult to be…
- 0:55:04 Dave Samara, are you involved? I saw you throwing a thumbs down. Are you involved in flow?
Grass airdrop disappointment and how referral farming drives points
- 0:55:37 Samara Ass fucking me up, man. Fuck your ass, bro. Like, bro, like, just, like, 400,000 points. No side bill, one device, just my laptop. Always connected. The final point I got was eight. I got eight grass. Eight. Like, bro…
- 1:02:10 Dave a telegram of 2,500, like, psycho crypto bros, bro. And there's referral link. That's how you make money off of the grass airdrop. You use that referral link, and your 2,500 cronies are now using yours. You're getting…
- 1:09:47 Kool Bro, bro, they... I I saw I saw someone with minus 20 points, bro. Minus What?
Bitcoin miners, cash burn and selling Bitcoin to stay afloat
- 1:12:45 Kool Yeah. Yeah. Probably the probably the well the well established ones. I'll say, Riot, Mara. There's... Although I can't remember the other one's name, man. But, yeah, those are two of ones I know that are very popular…
- 1:14:33 NatNat Yeah. So with regards to Viad, I actually have... I have them on my watch list in the stock market on my Yahoo app. They actually hit a new... They're really close to hitting a new fifty two week low, and it's exactly…
- 1:17:33 Dave No. No. No. Please go, Nat. I was gonna ask you. Like, did you... Like, can you give us any insight on it?
Lazarus Group malware, wallet security, address poisoning and test transactions
- 1:18:41 Dave Yeah. Yeah. Yeah. Yeah. Okay. So I I guess I kinda get that. Yeah. It'd be super interesting to see. I just don't know. Like, to me, it just makes logical sense to be like, yo. Pump the money into the VC. Like, cool…
- 1:30:47 NatNat Yeah. Be careful, guys, because my Meta my MetaMask wallet was actually hot, and it was through the the the plug in. It was crazy. Like, they... I don't know how they got me. I don't... They're that good. You guys have…
- 1:31:51 Samara Yeah. Yeah. I I I just... I don't to scam. Although, I do, like... Once in a while, I I switch up my wallets. Like, I really move my funds. Like, I don't care if this wallet is extremely secure. I just moved to a fund…
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