Robinhood Chain's Stock Brokers represents an innovative DeFi launchpad ecosystem that combines NFT ownership with real-world asset (RWA) tokenization, featuring a tiered activation system where holders can earn distributions from stock tokens (Apple, Amazon, Nvidia, silver, oil) through an Anvil AMM mechanism. The project demonstrates how crypto projects can create sustainable revenue models through fee-based distribution systems rather than relying solely on token appreciation, with 9% of tokens already burned within three days and $135,000 distributed in stocks within five days. This model illustrates the evolution of crypto launchpads from simple bonding curves to complex DeFi protocols that integrate traditional finance with on-chain mechanics.
Bitcoin Breaks $66K! Is Robinhood Chain the Next Memecoin Casino?
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Good morning. Good morning. Good morning. Good morning, everyone. Welcome back to another Market Mates episode.
It's great to be with you all again on this uh Wednesday morning here locally, Tuesday night for all of our friends across the globe. Big episode today. The Robin Hood trench is completely flipped.
Uh, but ponds absolutely hits a new alltime high yesterday. There's a little bit of a pond strategy going on this morning that I've just made a little 2x trade on this morning. So, look, I'm up a couple grand today already, Greg. So, it's been a good day for me, and it's only 9:00 a.m. in the morning. Um, we'll obviously talk about uh what macro's looking at. We got the Bitcoin chart up here, and it is breaking above that crucial level I've been talking about over the past couple of weeks. We have just launched our Discord community. So, if you're keen to sign up, the link is in the description below. It should be there. And um Craig, can you send in the chat? Actually, I'll send in the chat because I have only just realized that um I need to be the full reream >> uh p I need to be the full reream account to send in the chat. So guys, if you're listening back to the potty on Spotify, Apple, wherever you are, um the link will be in the description as well.
And guys, join us in the community.
Okay, it's completely free. It's just a place for you to get to know us and chat with us behind the scenes. Yousef's in there and I see you in the chat, Yousef.
Thanks for tuning in legend. Um, we've been chatting with Yousef this morning as well. Um, so guys, it's just a place for us to all congregate outside of the stream uh to discuss ideas to give away opportunities like some of these um we got the Stomp Brokers guys on today. So, we'll be obviously you could have got whitelist if you were in part of the Discord community. So, these sorts of things will be moving forward as we head into the next bull market. Um, as I said, it's completely separate to GTG.
It's not a trading discord. It's literally just a catchup discord. Uh, exclusive opportunities in there for our community and audience. It's it's an opportunity for us to give back. Um, Mexi, we've partnered with them over the last 24 hours and, uh, 20 people who signed up with that got 50 bucks for free if they followed the terms and conditions, right? So, yeah, it's just about opportunities like that. We'll obviously have more moving forward as well. So, obviously, special shout out to all of our partners, FOMO, little 10% discount. You can sign up, guys. we can chuck that in the chat um as well. But yeah, highly recommend checking it all out, guys. And some as well. If you want to stay on top of your crypto taxes and fees and transactions, highly recommend some. That's what I've been using for multiple years as well. But there's a little plug for all of our free partners as well at the start of the episode. And yeah, all of the links are in description. If you have any questions at any time, probably the best place to go now, Greg, will be the Discord community. Join the Discord community for free and ping Craig and we will reply when we get back to you guys. as always. Now, we're not going to be extremely active in there as it is a free community, but it's a chance for you to to chat about I mean, we had someone this morning, Skipper, shout out to Skipper, who was uh chatting to us about being Australian traders. So, how do you wake up like you miss 100 X's, you wake up and sometimes they're down 100x, like well, not 100x, down 80% or something in your trade. So, how do you manage all of that, right? So, um yeah, it's a great place for you just to come casually and discuss with us. Um and that's why we decided to launch it as well. Shout out to Gingi Capital uh who is obviously our MEXC partner as well in the chat. Uh good to see you as well, Rocky as always. Appreciate you. Hanky, welcome to the show again, legend. Good to have you here every day as well. Now, moving forward into this bull market.
Now, Craig, I've seen a lot of people uh post quite a lot of bullish uh takes over the past couple of days. Uh OSF, Mando, uh Zenica this morning as well putting up a a bullish post. I don't know if you saw his post this morning.
Um I'll bring I'll bring it up. Uh yeah, here we go. Here we go. Here we go. As always, not financial advice. I'm just talking about what other people are talking about. But the asymmetrical opportunity to size into Bitcoin and other good tokens here feels amazing. Uh look, we might hit 4050K. And this is this is what we've been talking about for quite a while on this show. Very similar uh leveled based take as what Zenica is saying here, but we might hit 40 50k, but that's at what a 20 30% uh drop. On the flip side, we're looking at potentially a two to 4x gain on Bitcoin if we reclaim and then hit new meaningful all-time highs. Nobody's ever going to time the exact bottom, but it feels like a pretty reasonable time to accumulate uh the bags at the moment.
So, that's Zenica. He's been doing this full-time for about 5 years, six years, seven years now. Um, and I have the same cons consensus like I think Bitcoin at around 60k is extremely good value if you're a Bitcoin bull for the long term.
I definitely agree with that. But I also still the the trader in me Craig goes, "No, Greenie, you could be better. You can do better here." Which is an internal fight that I'm having every single day. And I mean, we actually spoke about that over the last few days as well. But look, locked the cover. GM2 Craig. That's a little bit of an intro there. A little fiveminute intro for me just spinning a yarn. So, apologize, guys. I haven't even let my man my man speak. Um, can't wait to have the song brokers on as well. Yeah, DGT trophies.
Yeah, we'll have them on very soon.
Greggy, mate, GM to you. How are you today?
>> Hello. Hello. Good morning. Good morning. Yeah, good to be on. Good to see you, Greeny. Um, yeah, I just wanted to uh re reiterate I can't talk this morning. Reiterate about the the market mates community. Um, yeah, just so not really a trading group, guys. I just want to clarify that. So, won't be trading calls or what where we're entering and stuff like that. I don't want it to get too trader focused and uh and that sort of thing. But on the other side, um, you know, we will both be active in there and certainly Gre and I will be talking through like Green Gy just brought up a a gentleman this morning was asking about the psychology of trading um when you wake up in the morning and that sort of thing. I'm more than happy to talk through and I know Greenie is as well just you know thought processes and that absolutely happy to psychology is really interesting to me.
So I'm more than happy to talk about my psychology and trading. That's fine. Um and just a good place to connect with you guys and I think moving forward just easier to give whitelist to people as well isn't it than rather DM here or it's everything was quite scattered wasn't it? It was everywhere. So it's sort of a place we can get you guys in one spot >> and then communicate including like the white list with the NFTs and things like this and we probably will favor people going >> undoubtedly it will no longer be public.
It will no longer be public. It'll be exclusive to the Discord community. So highly recommend getting it. So, if you support us, uh certainly the aim of this is to give back. The aim of this is not to take from you guys. Certainly, it's to get you guys all in one place. So, then we can with whatever Granny and I get along the way, and we do get the odd white list and things, then we've got, you know, you want to give to your your biggest supporters, don't you, Granny?
You want to give to your I suppose you call them your raving fans in some books you call them, but your supporters, you know? So, I'd rather give to two supporters than a couple of bots that jump on and try and get a white list.
So, it helps differentiate the the supporters from the bots and stuff like that. So, if you guys can jump on there, that'd be great. We've already got about a good 40. Oh, more than 40 now. It must be closer to 50.
>> Yeah, I haven't checked I haven't checked this morning how many we're up to, but >> yeah, it was 40 something last night. I was like, and what was crazy is cuz it's so many Americans. You and I were going to bed and the Discord was just lighting up at like 10 at night. I was like, "Oh, no." I was like, "She's screaming will be getting sleepy here." And I was too.
I was like, "Oh, well." But um you know what Greeny was even up a bit later uh chatting in there. So we are we are giving it a good effort. But um yeah anyway that's enough about the Discord and the community. Great to have it finally going. It's been a work in progress. And what was really weird is that React did it a similar time to us and forged kind of a community which I found quite interesting. So I think there's a few I guess traders out there that are looking at the macro environment now and probably thinking to themselves there could be opportunities here. And I mean, as far as the market getting a little bit nicer for everyone is what I'm talking about because it's been a bit tough the last six months.
I've not particularly enjoyed it. It hasn't been the greatest time. Bare market bottoms I wouldn't say are never particularly fun, but they get fun pretty quick and I think we're seeing that now.
>> Yeah, I agree. I think I would say the last month or so is really been a change of tide. We've had like the Solstice airdrop launched. We had a bit of a memecoin season that's very much taking over um Robin Hood chain. Salana obviously had kickstarted that with the Anthem token and whatnot as well. But we're now seeing that translate into breakouts on old coins. We're seeing that translate to Robin Hood metas being bigger than just meme coins. It's AI, it's um agents, it's uh RWA, so um real world assets. Um so yeah, highly recommend checking out GTG. Uh not GTG, but I mean yeah, check out GTG. It's a trading discord, but check out market mates Discord. I've just dropped in the chat as well. Nico, good to see you, Legend. Um, yeah. So, I mean, there's lots of opportunities. Craig, I literally woke up this morning and I'm already up, as I said, about a couple grand because of a couple swing trades on some meme coins. So, um, look, lots to cover today. We got the stock brokers, guys, dropping in about 20 minutes time. So, we're going to try and cover enough before that. The big news is just pawns, man. Ponds. Um, this is obviously the largest launchpad on Robin Hood chain. Um and it hit 35 million Craig um last night and is currently sitting at 30 million. Um the fees and the I mean if you look at the numbers the fees are just absolutely crushing it and relative to how Pump Fund works, it's still very undervalued long term.
Not financial advice. Again, just speaking about the analysis um that's happening in real time in in in that capacity. Now, obviously the stock brokers, we're about to talk with them today, but we have seen a few other launchpads try and launch um meme coins or or tokens over the last sort of couple of days. So, I am curious to see if pawns can maintain that revenue, maintain that attention, maintain the the launchpad um success that they've seen over the past week or two. Um because as always, like competitors arise, technology gets better, and people start to jump in and um and uh launch competitors. And therefore that's I mean that's good right because if you have competitors it means that ultimately there's going to be more tokens and the people who have already built tokens or built products will have to improve them so that they maintain the success that they've had. So I love seeing this. Now this is arguably probably one of my worst fumbles. Uh we spoke about that at length as well.
Ponds being at 30 million. Again I scanned this at 1 million inside GTG. I swing traded this at 4 million and at about 2 million as well. It is what it is. It is what it is. But yeah, fumbled this particular trade uh as well. And um yeah, look, there's some big traders up on this. I mean, Bonkai is up $330,000 on this as well. Average Joe Crypto is an account we've I've been following on on FOMO for quite a bit. This guy's up $198,000 on this as well. So, look, uh very I mean, this guy is is this guy's a pretty good trader and because he he doesn't just um pump and dump sort of low cap memes like a lot of people on these platforms do. This guy actually looks at like the the tech, looks at the tokconomics, looks at the fundamentals and goes, you know what, like right here, trading at a 0.8 price to buybacks while pump is at a 9.7. So, um, just doing some proper math and diving in.
So, I like following people like him and other people just to find consensus trades. Um, because often if you have, as we always have kind of said, if you have the same sort of people talking about it, but also the same sort of people holding a token, it traditionally is very bullish. Um, on the contrary, look at Tendy's down to 12 million.
Dumped another 30% in the last 24 hours.
Why? Because it's your Cole's pushing it, bro. It's not organic. It's not authentic. Look, don't get me wrong, you need coals to push tokens probably because it helps with marketing and and all that sorts of stuff and and hopefully those sort of people hold it for the long term. But like we were kind of deliberating yesterday, it's not technically the most I don't know what it really is as a meme. So, for me, when I saw that, I was like, "Oh, yeah, whatever."
>> It doesn't crack you up either, though, does it? Like you know how these memes you see and they make I just start cracking up. I'm like that's ridiculous.
It's so stupid that it's amazing.
>> Yeah.
>> This wasn't that for me. Maybe I'm just I mean maybe I'm old, bro. And I don't get washed. I don't get it. But um >> I would say I would argue with you and say I'm not washed because uh the chart is going down. So maybe I'm not. Maybe everyone in maybe people in Tendies are washed. I don't know. Maybe there's another Actually, can you bring the chart up, Granny?
>> Yeah. for pendies.
>> I haven't just I haven't seen it. Okay.
Yeah. Right. Okay.
>> Yeah. Look, classic. I mean, volume's falling off. Yeah, it's probably going to look.
>> It's at the golden pocket, but probably could go lower. So, um yeah, as always, wait and see what happens here. Will I swing trade this again? Maybe if it trades down to the 5 to 7 million, I might be interested. I might be interested for a swing trade breakout there. But even like the RAA tokens have really taken over, right? Index is up um again, not too bad. I saw wallet do really well over the last 24 hours. The big one this morning that I traded in and out of was Pawnstar. So, if you remember for those that >> I I kind of top tick this bad boy this morning. Um again, in GTG if you're keen to trade with us, uh there's a link in the description. Um but um yeah, basically I swing traded this this morning. It's a a strategy token that um does buybacks and and airdrops and buys ponds and delivers it out to people who's holding this uh this token. As always, uh, strategy tokens are very risky. Um, again, I might look for a second entry on this. I'll have to keep an eye on this throughout the show. I might miss it sadly. Um, but um, yeah, be keep curious to see if this.5 actually even holds up. You got equal lows here, so maybe we do get a bit of a breakout here. We'll have to keep an eye on that. Um, but yeah, look, look, good opportun like I love there's this is such a good time in the market, Craig, because I wake up and there's opportunities like this and I'm like, >> we haven't had that for quite a long time. Probably a year.
>> Yeah, >> maybe longer. Do you reckon longer? I want to say longer.
>> I would say I would say like h like in the low caps like if you were in the AI meadows and stuff, maybe. Yes. But from a memecoin perspective, I haven't felt this consistent with swing trading meme coins since 2024. Like, >> yeah, >> when when Trump launched and all that [ __ ] went to town, all those bundles and all that sort of stuff, >> I really it it it deterred me so much after trading organic meme coins in 23 and into 24. It really deterred me and I stepped away full-time. And it's only been the last three or four weeks since we basically partnered with FOMO, to be honest, where I was like, you know what, there's opportunity here if you can find an edge. And the edge doesn't have to be much. I put a tweet up this morning saying, "Look, if you can make a $100 a day, you can trade full-time because that's 3K a month and 30 grand a year."
Like, that's pretty good and that's better than some shitty jobs out there.
So, look, it's all about your mindset.
Plenty of people winge and say, "Poor me." Um, and think the world is against him. Well, brother, like, or sister, I've been there. Okay. I mean, just for example, quick again, we're not here to just talk [ __ ] Uh Allison, so good to see you on the show and thanks for joining the >> Yeah, what's up? Good to see you.
Hopefully you've been doing well in this bare market as well. Um look, I in 2022, Craig, I hit rock bottom. I was in debt.
I was in debt about $38,000 for buying a car. I got scammed 40k instantly with an NFT scam. I owed tax on profit I had previously made. So I owed about a 6K bagger.
>> And I was like, and my wife was like, "Well, we want to travel in a year, so what are you going to do about it?" And I was like, Especially when the wife steps in and makes that call, you're like, >> and I was like, "Oh my god." Okay. And so, look, I have been at the bare bottom, okay? Where you had to like seriously like think about a payment plan with tax, all this sort of stuff. I had to sell my youth to to get out of the debt, all this sort of stuff, right?
But look what happened after that. I learned a lesson. I stuck with this passion of crypto. And look where I am today. Okay? It's now my full-time job.
I've walked away with a lot of profit and hopefully that continues in the future because I learned from my lessons, okay? I didn't sit there and cry me, okay? As soon as that as soon as that NFT scam happened, yeah, I I took a week to to like deal with it, but ultimately I moved on. And I mean, I got scammed in April 2025 as well. So, like it's again, I took a week and then I moved on. Okay, there's not like you can chase it all you want. Like I I dealt with lawyers, we reached out to exchanges and it like we we couldn't get the money back. So I was like, "Okay, well, there's nothing more I can [ __ ] do, right?" So worrying about what's happened in the past is is probably one of the biggest regrets that people have in their life, Craig. Not let alone trading, but their life. So >> I would say a good piece of advice is control the controller bills. And I know that's the most basic piece of advice you would have heard your parents say, and you would have rolled your eyes. As you get older, you actually realize that's a very good piece of advice.
Control the controllables and everything else that you don't control. You got to stop worrying about it. Like there's no point. It's like it's like I've heard another analogy. It's like paying for a crime twice if you worry about it because you even because and most of the time when you worry about stuff, does it eventuate? Most of the time it doesn't.
It's quite funny like that, you know, human beings. Anyway, enough about that down chat. But no, I agree. You got to take your lessons and you've got two options. You learn or you lose. Um and it's up to you to pick. And if you want to go the lose route, it's not I mean I'm not going to say which one you should pick. Personally, I went the learn route.
>> Yeah.
>> And that paid off a lot better for me than the lose route. So I went that way.
Greeny went that way. Um I think that's a quite a unique mindset to be someone like that. It's quite rare as I get older. I notice people break quite easily.
>> Um but if you can be that that other side of the the coin and be that stronger person, I think you're going to go pretty well in this life. Hugo, what's up? How do I say that one word?
Epus >> a plur pluribus a plurib bus. That's a good name. I don't even know how to say that either. Um one also says effing legend. I can say [ __ ] [ __ ] legend Greeny. I remember that time in GTG. I could just feel it from a distance but you handed it like a champ. Respect mate. Thanks man. That means a lot. Um yeah bro. It was hard when I lost. I lost. So >> it's hard to also say publicly isn't it?
>> Yeah it sucks. And then, oh dude, and then I sold my punk because I was like, well, it makes no sense to have 80% of my liquidity now locked up in a in a punk. Um, >> even though I knew the trade was the trade. I got in at 90K, they pumped the 240K. I knew that was a trade. That's why I was in the trade. Okay. And then Cook comes out and says, "Oh, you fumbled a punk." I said, "Do a bit of [ __ ] research, Cook, you loser." Um, and you might have actually found out why I sold the punk, bro. Anyways, this is classic crypto calls. They just [ __ ] on everyone else to make themselves look better when they're they're actually insecure. okay is is the the real walk away lesson. But anyways, enough about other people. Let's talk about what's happening in the market. Uh Bitcoin, as I as as we've been talking about, is now crucially above this weekly support resistance level. Are we out of the woods? Not necessarily. Okay, all of this liquidity that's sitting above us here remains potentially a resistance.
Okay, even all the way up to about low7s still would have have me being cautious.
Okay, why? Okay, well this is the point of controls. This is where the most amount of liquidity has been traded since the February uh range started.
Okay, all the way back at the start of February. Uh we are now rejecting from that. However, I do think that we do flip this and I want to see potentially higher uh and particularly take out that high from uh the 15th of June. Then I then I might say that we could have the distribution off this level and trade a little bit lower. Alternatively, we come up to the 100 um day EMA. We have the VWAP here. We also have the value area high and the 200 day EMA sitting all the way up 73. No matter what we're looking at here, I am still very cautious. Now, my Elliot wave guru, sexy, inside GTG, the one of the best traders I know, um is also the same. He's like, he's just cautious. But, um, look, he says, look, honestly, what I would like to see is a little bit more more of a move higher from there. You want to see, well, what is the pattern starting to show me? And do we just sweep the lows again or do we set new lows? And I'm seeing a lot of people um really come out here and start to to say the bottom could potentially be in. And unfortunately, we won't know until hindsight presents that opportunity. But I agree, like as we said, the monthly stoastic is coming very close to crossing bullish at the end of July. And those sorts of things are starting to show me, well, perhaps the bottom is in and we just don't know it yet. And um unfortunately, nobody knows until you really have market structure breaks, okay? And I'm talking like weekly market structure breaks because right now um Bitcoin still is a lower high below 82K. So until you see proper market strikes either above that high or we start we make a new low and then we reclaim it. Something like that.
Okay, that's when you have a structure break, okay, where you have higher lows and you have higher highs coming in compared to the previous high. All right, that's what I'm looking at.
That's what I'm eyeing off is is do we go lower or do we come up here and start like is this the first time we do something like this? Okay, come down and then we start attempting a reclaim and then we break structure and that's our reaccumulation phase. Something like that. So both scenarios are could happen and that's the important part. You need to be as a trader, as an investor, you need to be aware of all scenarios. Um, thanks for being here e how do I say your name? What's the best way to say I don't I'll say plury pluribus. Um, plury. Um, thanks for tuning in legend and busb bus. Good to see you legend as well. Um, busb bus. Did you see um OSF's tweet about the uh MCPS? Um, we should talk about that as well about the AI and Craig. I mean you're part of that. um you can now have WCT. Rect introduced the um access to the MCP APIs or the data behind the AIS and um calls that they're doing for WCT community and stuff. So um >> Okay.
>> Yeah. No, Latin Latin makes a lot of sense. I sung a lot of Latin. I know s sounds funny, but in primary school when I was uh a big musician, I was playing trumpet, playing euphonium.
>> Greeny, we've never heard this story before.
>> Yeah, I was I mean I was in primary school I was a I was like I love sport, I loved music, I was everything. I was I was I was everything. And um yeah, Latin. I sung a lot of Latin and it does sound quite Latin that name. So it makes a lot of sense. But yeah, anyways, Craig, this is the kind of what I'm looking at. This is scenario one. Okay, scenario two would be we trade a little bit lower, we reclaim no matter what. If we do trade lower, that's the low. That is the low in my opinion. Okay, if we do trade lower >> and I don't know if because it's still consensus, some people want it to happen. So maybe it doesn't happen. I don't know. It is very I am very curious to see what happens moving forward. Um, but we've seen a massive pivot into lighter, Craig. And and the big the big lesson here is is lighter is potentially partnering with Robin Hood as well, right? And so if they're using that rather than Hyperlid to trade onchain, that's very bullish for lighter compared to Hyperlquid. Okay. And they're stealing away market, stealing away users, all those sorts of things. So we got Simple Farmer already in the back room. Love that. Love guests that turn up early, Craig. We really do enjoy guests that turn up early. So we'll bring you up in about 5 10 minutes. Um but yeah, light is really stealing away market share. Koshi's also stealing away market share. Um but big news overnight.
We haven't got to these articles yet.
Just to quickly touch base on them as well. But uh the US froze $130 million in crypto linked to the Iran IRGC.
Um very interesting. Very interesting. I don't know.
>> How did they freeze it? What chain was it?
>> Is it wasn't Bitcoin. It must be >> it can't be Bitcoin. So maybe >> go Bitcoin.
>> Maybe it's Tether. I don't know. Bitcoin should have bought Bitcoin.
>> I don't know. Interesting. Um, one of the biggest calls on the timeline who I don't follow uh mentioned this uh the tides are start starting to slowly turn.
Spot bitcoins ETFs have been begun have began buying sorry uh Bitcoin again. Um as you can see here, I mean we've had sensational outflow since about April.
So look, a bit of buy pressure on the buy side for both Ethereum and Bitcoin spot ETFs is very interesting to see.
Um, what else do I want to talk about today? Um, the Bank for International Settlements sellers says dollarbacked stable coins are largely unaffected by capital controls, raising concerns they could weaken monetary sovereignty in emerging markets. Craig, any thoughts on that as someone that is a uh a passionate sort of believer in um sort of sovereignty and and that sort of stuff?
um >> just basically banks no longer having that centralized control um compared to stable coins.
>> It's a fine line. It's a fine line for me. It's a fine line for me.
>> Yeah. This is the big fight though, isn't it? This is a massive >> Yeah.
>> This is This is bigger than probably people may think. This is the next step for crypto. This is like the next boss a getting rid of banks, which I don't think is ever going to happen.
We're kind of I guess it's about getting them friendly together cuz when does the I did see a bit of Clarity Act news. You sent me some news this morning and they where they're saying they're trying to get it pushed out before August when there's a recesses then parliament. So if they don't get it through in August, it's delayed even further.
>> Okay. I I I I mean I don't know enough about it to give an opinion other than it's been delayed or delayed delayed and I honestly wouldn't be surprised if it got delayed and and went into recess and we don't have a a resolution by August because apparently there's still friction. The banks still aren't coming to the party. I don't think they're going to, bro.
>> No, it's a it's a competitor. It's a >> they can't give up the yield. I just don't think they're ever going to release that because if they let that go, I think it's like dominoes. I think they and they know this, right? Um, so I'm re I'm really interested to see >> my camera these days is way too sensitive.
>> I'm really interested to see how um this unfolds, dude. This is quite a big battle we're having right now. So, I hope the banks lose. That's my opinion on it. Sorry banks, but you guys have had a monopoly for far too long and you've abused and abused us. For people who maybe don't know the like uh how many four out of the top 10 stocks in Australia are banks. Um they've outperformed everything in Australia even though we are one of the best countries in the world for creating um natural resource well or not creating but mining natural resources. Right.
>> Would you call them natural resources?
Yeah, you could call them natural.
>> Yeah.
>> Yeah. We got a lot of gold. We got a lot of lithium. We got a lot of coal. We got a lot of um gas and yet banks are in our top 10. Isn't that interesting? That's interesting.
>> It is. It is interesting. Yeah.
>> Last couple topics. Uh, Hyperlquid total open positions hit a new alltime high.
People moving onchain to trade per even though revenue is down and Koshi and Lada stealing a little bit of market share away over there. So, that's really interesting as well. Um, this one last story of the day before we bring up Simple Farmer.
>> Uh, Satuma shareholders have approved liquidating the company's 668 BTC treasury, returning capital to investors and delisting it from the London Stock Exchange. Not sure why, but that's interesting. Very interesting.
>> Yeah.
>> Yeah. I don't know what happened there.
Obviously, the investors want the hell out of there for whatever reason. I don't know why, but obviously things have gone um bear shape. No, I don't know much about that one.
>> Yeah. Yeah. Interesting. Hey, um Godo says, "Prop Zcash um with the whole privacy meta." And Allison says, "I think it gets delayed again because no dems were part of the ethics discussion." Interesting. That's the KY act. So yeah combination >> and I think that's what well not I'm just theorizing I think that's what Luca a lot of people I've seen on the timeline with the clarity act have connected the dots finally and gone the clarity act looks like it's moving forward and that's going to bring the quantum blah blah blah abstract I'm like oh my god guys >> oh my god bro how are you how are you how are you relating your shitty little L2 chain to the most bullish nudes in crypto history I don't know about that >> I'm like Man, if the Clarity Act takes off that all the shit's going gang busters, man. Like things will get hot.
>> I think they get hot, but I don't think it's going to be as hot as I I remember a lot of news in crypto is is hype and speculation and often the news, right?
Sell the news. You buy the rumor, sell the news, >> this pump, bro. Might be this pump into August and then ClariC is pushed back and we sell off.
>> Yeah. But I think Yeah. Yeah. I mean, there's a lot more at play. Obviously, liquidity and blah blah blah, but Yeah.
No, I it is an interesting conversation.
Um before we bring up Simple Farmer, here is the update on the charts that we've been looking at for stock brokers.
Um it's now pulled back to 8 million. Uh losing support overnight, but in a really nice consolidation phase here. Uh in my opinion, you're starting to potentially see a bullish wedge play out here, Craig. So, I am eyeing this off as the trader that I am. Uh keeping a very eye um keen eye is what I meant to say on this chart at the moment. And the NFT, which Craig and I fumbled, is at 2,700. I don't know what that is in ETH.
1.4 ETH. Um, after pretty much reaching similar prices over the last sort of 25 hour, uh, 24 hours. Uh, did hit about 3,500, Craig, which is pretty nuts because I sold at 500 and you sold at 600. So, we fumbled that. But, hey, that's okay. Let's bring up our guest today. Uh, Simple Farmer. So, let's bring mate. How are you? Thanks so much for dumping on. Uh, first let's audio check. Audio check. I think we're coming through. All right.
>> Yeah, I can hear you guys. Can you hear me?
>> Perfect, man. We've got you all good.
We've got you all good. Um, so, uh, introduce yourself. So, uh, who are you?
What why are you important? Uh, what is Don? Give us give us a little >> Why are you the man?
>> Why are you the man at the moment? Why are you the one of the top dogs in crypto right now? Talk to us.
>> I appreciate that compliment. I don't think I'm super important. I think uh you know the technology that we're building on is important and that's what I've been trying to do honestly experiment and iterate iterate on chain and you know hopefully catch a few lightning in the bottle moments. This is probably the first major one. We've had previous successes as well and I say we often I'm a oneman team and I do have partners who are investors in clutch so they they kind of invest and they like to when I experiment and do well obviously because that that works out for them too but um yeah I'm just iterating and improving. I have experience working for blockchain companies as well in the past.
>> Epic epic. So give give us a bit of history of your development side in in crypto. um how long you've been doing it, who have you worked with in the past, what what went well, what didn't go well, talk to us about that.
>> Yeah, I mean, so my first experiences were actually on Arbitum 1, which is, you know, the blockchain that Robin Hood chain is built on. And so that's why I have fairly strong connections with the Arbitum team. Uh I originally got into crypto trading decentralized options on a platform called Dopeex quite a few years ago. And those are that's that's the days when white paper DeFi tokens that couldn't even be functional apps because gas was too expensive at the time would moon like they would go to like 100 mil and you know the product was semi unusable but the idea that this was going to be like the new financial layer of the world was was really hot.
This was before memecoins. Uh I did actually well trading options there and I built up enough of like a little uh savings account to where I could start developing and building and experimenting on chain. So I first built like a prediction market that was a parlay based prediction market that featured a decentralized house model. So the parlay bets themselves were supported on the opposite side by a decentralized house. So one side you could deposit funds into and earn yield, the other side you could play parlays and those were based on polyarket odds.
And so Poly Market gave us a grant for that. And so did um Sorry about that. Lost audio there. Can you guys still hear me?
>> Yep. You're good.
>> Yeah. Sorry about that. Um and you guys hear a crying child in the background. I do have a small baby.
>> You do?
>> Yeah.
>> Yeah. And he and he does park he does parkour on the couch. That's that's his like thing. Um, >> and the thing with streaming babies, bro, there's nothing you can do either, man.
>> Nothing. You're good. Just far away, bro.
>> And I heard the mom, so he's okay. Um, the the the thing is that Poly Market actually gave us a grant, which was really cool. Arbiter One also gave us a grant and that kind of let me continue to build and and develop. What I always struggled with initially was distribution >> and, you know, gaining users. So we would get like you know 50 to 100 users but then that next level was always a difficulty and that's when I kind of started to communicate with people in the NFT space more because those are the only people I could identify really. Um you know you see the PFP then you know their wallet you can kind of figure out who the person is. Um, and I actually ended up getting a job for APCO, which was the company that was running APC chain under Yuga Labs essentially. And I worked there for about a year. Uh, made some solid connections, did a lot of BD work. And then eventually APCO shut down. So now I've been doing going back to just iterating and experimenting on chain for the past three months here.
And that's why I developed um, song brokers. Stock brokers on testn net I actually did during the time when I was still working for a chain.
>> Okay, cool. Okay. So, talk us a little bit about what Stock Brokers is um from a from a beginner perspective because I know how complicated it is and and I I regret I did a I did a reel actually the last couple of days um that went kind of viral for my reels um because I the the caption was I faded a 5,000x even though I walked away with a 1000X by minting the NFT. Um I didn't do my five minutes of due diligence and I probably would have held the the NFT. So give us a little bit of an in introduction into what what what is ston brokers um the token the NFT and all those sorts of things.
>> Yeah. So the idea behind Stock Brokers is that it is essentially like a DeFi suite and a protocol that's collectively owned by the by the community who holds the the token or activates essentially their revshare distributions via the NFT.
And so we've kind of been developing something called the anvil AMM which is this process that fractionalizes between token and NFT and NFT and token with that. That's where we actually charge the fee that is powering these yield distributions that we have for the stock brokers NFTs. It's important that we do this through this additional smart contract layer or the AMM and not within the initial smart contracts because we've seen examples of like 404s which are virtually unscalable. We've seen examples of tokens that have taxes within their swap structure which are unscalable because they break when they get to centralized exchanges.
Essentially, their um their machine doesn't work anymore, right? Uh with Song Brokers, we've gotten around this problem and essentially created a system that is so far working really well. I think we're up to $135,000 in revenue distributed to activated Song Brokers and we are on day five.
>> Yeah. So good. That's crazy. That's such a crazy stat. Yeah.
Yeah. So on track, you know, for getting well over a million dollars in the short-term future and also going to be developing additional protocols and and technologies essentially on top of this to keep pushing that fee structure regardless of what happens with volume on the token or the NFT because I'm very familiar with what happens in the space long term. People like to move on to different things. So the infrastructure layers I'm going to build in are going to be things that I know people use every day and generate great fees. And so that is uh the token launcher. But I think more importantly the VEX which is going to feature things like swap technologies kind of like what Jupiter has with DCA. These are things that are revenue monsters for fee accumulation and especially when you have things like stock tokens on Robin Hood chain >> which I think is the key to the whole chain honestly.
>> Uh I think that should be a really really nice source of yield >> for the activated brokers.
>> That's kind of epic. Um, so specifically targeting Robin Hood only tokens as well and T-wapping into those or um would it expand to other maybe EVM chains eventually or or talk us through what your plan is there?
>> Yeah, I don't see why not. That's something that easily scales to other EVM chains for sure. Uh I know the the largest player probably in the top game on on arbitum one ETH mainet was a cow swap and they actually had some issues.
>> Yeah. So the way I'm trying to build out things and it's nice on Robin Hood chain especially because they have chain link oracles actually built in to their stock tokens. So you can build these kind of features without having huge overhead and expenses. Uh and so I can do fully onchain things where I don't have to run bots or pay for infrastructure in the background that essentially have them power this beautiful machine. And so that's what Stock Brokers really is. In the end it's probably going to be 30 to 40 smart contracts that work together existing on chain essentially forever.
And then what we do is just we provide the front end, but really anybody could conduct the whole process through the contracts themselves.
>> Yeah. Very cool. I'm I'm asking you all the questions, so I'll hand over to Greg, but keep >> Yeah, I'll I'll bring it a bit lighter, I think, for a second. Um that look, a couple of things. Simple farmer, you hit it out of the park, dude. I just want to say from a from just a web three enthusiast like myself, uh I think it's awesome that you've hit a home run, bro.
I So congratulations. I know you must have put in a lot of hard work. Secondly to this, I want everyone to understand who's in the crowd. A lot of people have pulled up for you. You were such a legend to me, bro. Like I asked you for some white list late. You you obviously accommodated me although I was so late to the party and that was so hard to get. Thirdly, I had complications with trying to burn the tokens to get the NFT. Obviously, that was errors on my fault. I was DMing you, Simple Farmer, and you were getting back to me so fast to walk me through how to do it. Dude, that's just so rare in the space that someone gives you that sort of time.
First of all, especially when you're launching a project, dude. Like, you must have been getting DMs. I can only imagine. I can only imagine. So, you're a good guy, dude. So, I want to say the crowd, you you you did awesome things in the background. So, thank you. I wanted to ask about the lightning in the bottle moment. You mentioned that and you took the words out of my mouth.
You guys I and I said this to Granny yesterday. You've launched what I think is a great product that covers NFTTS and meme coins. It kind of satisfies the memecoin enthusiast thirst for chart go up.
>> How how did you get the timing so right?
Like on the right chain at the right time with RWAs with NFTTS and the and a Ponzi. How long have this been in the works? Cuz your timing is like impeccable with Robin Hood. Like I don't know if you could have timed it better.
Did first question I guess is did you foresee this happening on Robin Hood and and secondly yeah has this exceeded your expectations?
>> Um so I think product level I think we're still we still have a long way to go in terms of development and hopefully in growing the community and the size I but I think in crypto in general it's not super dependent on product. I think somebody could come out and create the best product in crypto and if they don't have the right distribution channels, they wouldn't succeed, which probably isn't that good for the space, but it's kind of like you learn to play the game, especially once you develop for long enough and work in the industry, so you can kind of catch on to these patterns.
Uh Robin Hood chain definitely super bullish on. They own major distribution from people who are non-crypto natives and they've got a great technology in the stock tokens that are on there. So yeah, we've been on there since January and we we're there in the test net phase. We participated in their hackathon. Um, we didn't win the hack.
>> Yeah, we didn't win the hackathon, >> but and because it wasn't Robin Hood's hackathon, it was arbitr ones, >> but then Robin Hood came out and said their favorite project from the hackathon was actually Stock Brokers.
>> So, that was better than winning the hackathon itself.
>> Oh, that would have been good, Alfred.
That would So, you guys have kind of been aware of Robin Hood for quite some time. Um, yeah. Gotcha. Okay. Okay.
Okay. Yeah, dude. Absolutely. I mean, for the people in the room who don't know, the NFT ran to almost two ETH um from essentially a free mint. I mean, what were the what was the NFT you burnt again? Remind me, Farmer. It was Clutch Puppies. Was that the name?
>> Yeah, there was Clutch Puppies and there was Pop Cup. And so, like I said, really iterative onchain process. So, the Pup Cup was actually an NFT that act acted as a prediction market for the World Cup.
>> So, once the World Cup >> Yeah. So once the World Cup was over essentially it it was it was logical to aggregate that user base now and push them forward into our new onchain experience.
>> The holders of that NFT must have been very thankful that you incorporated that into the mechanics cuz that that is such a cool I mean I I did it. I thought it was such a novel concept. Again for the people in the room who don't know there's a few ways you could you could get a whitelist. You could burn the NFT and send it to a dead address. Um which is freaky to do. Like when you told me that I was like what the hell? What?
from my wallet. I send it to a dead address. You're like, "Yeah, brother."
I'm like, "What?" Okay, cool. And then that then obviously recorded from your what you've got working in the back end.
It would record your wallet and you could qualify for wireless or you what you did for me on one of them was you could burn tokens. You could you could send these tokens that you burn to get an NFT which you could then burn to get the white list. So, it was pretty it's pretty amazing. It was pretty amazing how you you wo you wo it all together.
It's I mean my brain doesn't work like a devs. There's a lot of levers there, man. That would stress me the hell out.
How have you found the last since launch? I guess let's ask you a personal. How have you found since launch? How have you been? How you been finding it? Are you are you getting any sleep? I mean, you sounds like you got a fairly newborn baby there. How are you?
>> Yeah, he he's two years old. Uh, so he's Yeah, he can he can make his own breakfast. He's looking for a job. So, he's, you know, pretty >> No, I'm just kidding. I have a great family and my wife is a superhero and they do a great job and and I I made sure that she understands that, you know, this is a special moment for myself and a lot of people who have believed in the things that I've been working on for a long time. So, there's been a lot of um >> a lot of taking the load on the parenthood side.
>> Well, shout out to shout out to your partner for that one, man. That's that's awesome.
>> Absolutely. Absolutely. And um you know from from the actual project perspective another huge thing that really does drive momentum and marketing like I said uh first time founders focus on product second time founders focus on distribution I think we achieved really great distribution momentum first brokers because of the burnt tomint aspect >> the best advertising is big green candle and so there was actually a major increase in the floor price of the previous collections and so then people are like what's going on then they look closer >> right >> it was pretty last thing. Green is pretty amazing to me as well and this is where uh we can describe our fumble and how it happened for us on this one but no one read to I felt like not well for me personally I didn't actually dig deep enough on this. Um and it shows in web 3 if you're not lazy and you're willing to dig through the weeds you it can pay handsomely. And I know Greeny and I both had that moment where we saw them pumping. and be like, "Hang on, let's again, let's look even closer." And then we saw you were bringing a launchpad and both him and I were like, "Oh no, we've made a terrible mistake selling this NFT."
And then the worst part was I went to I'll tell you my story, Craig. I sold the NFT. I was going to flip into the token cuz I find it a bit easier to work with that. I bought into the token at 1 million. It started dipping and I went into the Discord and said, "Guys, I'm going to go to sleep. I'm just going to sell here at about 900K. I'm going to wake up in the morning. I think this is going to I think it'll pull back a bit."
Which it did. And then I think this sends when the NFTs activate.
Unfortunately with Australian time, I've gone to sleep, the NFTs have activated on OpenC and everyone's rushed to burn the token. I'm like, "No, I've woken up to a 10x except I sold and I got priced out big time." So I could have taken a I sold the NFT way too cheap. I sold it for $650. $650. That's such a fumble.
And if I put that into the token, I would have had six grand. I'm like, "Oh, man." I There were two moves. You could hold the NFT, right, and claim your rewards or flip it for the two ETH or flip it into the token and 10x it. There was It's not often you get a project that comes out that allows multiple ways for a trader to win. And that's what I really liked about it. It there wasn't just it's not just a meme coin and there's buyers and sellers. There's arbitrage opportunities and that's Greeny and I definitely look for those sort of things. So, I thought that was really cool. Um, but that's probably enough talking from me. Granny, are you far away, brother?
>> No, I mean, yeah, look, I fumbled it as well. And I have swing traded ston stock broker token quite a few times, too.
>> We're actually looking at it now.
>> Yeah. No, it's in a bull wedge right now, so I'm just staying a little bit patient here. Um, soon soon. Not quite yet for me. Um, so if someone was getting started, I know a lot of people watching probably are aware of it slash um, maybe maybe not necessarily our YouTube audience or particularly the podcast audience, but >> yeah, >> what's the best way to go about it?
Because for a lot of people, 1.4 ETH is probably a lot of money. That's what, $2,400 at the moment. Obviously, the liquidity of a token allows people to size in in any capacity. But if you were talking to someone who's new to stock brokers and to the ecosystem and all of that, how would you kind of direct the conversation?
>> Yeah. You know, of course, I just like to start as a precursor. It's not financial advice. This is all onchain experimentation, >> but my experience is that the best marketers in crypto are NFT people.
>> Yeah.
>> And you you guys are both NFT people, and that's actually why I messaged you.
You were my target audience.
>> Love it. Uh I would my my theory here is that if we get a a huge group of people who are NFT holders to collectively own a launchpad and a DEX that can be a very lucrative project and that's very very that's a great project to scale in web 3 and it actually falls much more into the vision of what crypto was originally made for instead of the classic onchain corporation style that we currently have going.
>> Yeah.
>> Uh so you guys were definitely my target audience. But what I would recommend is naturally, you know, if you have the liquidity to do so, you try to accumulate enough tokens to get an NFT and activate that NFT because the people who have had activated NFTs for a long time have gotten great exposure to a lot of great stocks. And with that, we get a really interesting situation where this NFT holding the stock tokens is an asset that's a crypto asset, but it's also a hedge against crypto itself because it holds it holds Nvidia, Apple, and things like that.
>> Yeah. Good. Cool. Good. Cool. Yeah. And what what an awesome project to bring Sorry, Granny to cut you off real quick.
What an awesome way to bring crypto crypto people towards that side of investing without actually having to do the if that makes like that's actually good for someone like me.
>> That's good for someone like me because I haven't delved into that side of things before. But if it comes with am I right? The NFT comes already holding it's a wallet essentially that comes with token. It can come with tokens sometimes, but sometimes without.
>> Yeah, it depends, right?
>> The the owner of the wallet can withdraw tokens. So, you know, somebody would be crazy to go and list an NFT with, you know, $1,000 worth of stock tokens in it without removing that first, but it'll definitely happen.
>> It'll happen. A way to check this.
That's the alpha. I'm guessing >> there is on the stock broker website.
You can check.
>> Woo. There you go, guys.
>> That reminds me of um Cirrus and when he What was it? Was it Pangu and Pudgy Penguins? He was sniping Pudgy Penguins that were getting dumped into bids when Pangu launched because Yeah. and sniping the ones that hadn't claimed the [ __ ] six figure.
>> Pretty sure he made a couple hundred if not a couple mill off just that trade alone, let alone other arbitrage opportunities he's he's found over the years. Um, couple follow-up questions to what you said. So, um, how many tokens does it take to convert the NFT? Again, I'm just talking from a beginner's perspective. Is it just the floor price of the current NFT in terms of USD? Is it a certain amount of tokens that you're trying to aim to burn every time?
Talk us through that one specifically first.
>> Yeah. So, you have to have 666,000 tokens plus a little bit more. So, I'm not just saying a million sixes here uh to swap the token into the NFT, but there's also a 10% fee that corresponds to 10% of the value of the token and the NFT itself based on that weight. And then once you activate it, essentially you become eligible for these distributions. The distributions aren't automated by us. And I I like that like I mentioned before because I want to build scalable onchain technologies, not onchain corporations, things that require a lot of overhead from my side.
While I could have kept initially when it was built, it was built in a way to where the owner the deployer wallet essentially would have to be the one doing these distributions. Yeah.
>> And I said, how can we turn that into something that actually activates community and activates people to start thinking about working for their bags?
So, I created the feature called clock in where essentially you click or anybody who's in the community can click to initiate the distribution of those stock tokens to all of the holders. So then you pay like a 20 cent gas fee, for example, to send, you know, three or $4,000 in rewards to all of the activated brokers. And I think that unity is something you're going to see resonate, especially when we get to things like the token launchpad.
>> Dude, Greeny, this is this stuff.
>> No, that's Yeah. No, I we I got so much to cover. Um so, um followup questions for that for the people that are listening. How do like obviously you just explained how you distribute but how do you distribute the amount of fees that you've earned slash like is that a is it just based on um obviously holder uh distribution um and does that obviously change depending on who owns x amount compared to maybe new people as well. Talk to me about that. Talk to me about how often you do that as well. Um, and the last follow-up question to that specifically is, is it the only um activated uh brokers that you are distributing to? And do people go to the website to activate their broker?
>> Yes. I mean, look, technically you can activate your broker directly through the smart contract, but yeah, on the UI we're calling the you can call the contract and activate the broker. And to activate the broker, you're burning a certain amount of stock broker tokens.
So then to join in the revenue distribution, you're creating deflation on the token itself and that creates more strategy in theory. Uh during dips, for example, people want to accumulate tokens so that they can raise what's called their activation tier with the highest tier being partner. And so when you're a partner, you get the largest share distribution of the actual revenue that's coming through. And so my idea here is that I'm a oneman team and I if I can have 4,000 teammates that are trenchers that are activated brokers, we could essentially own distribution across all of Robin Hood chain.
>> Oh my god, this is Dude, [ __ ] I should have read this page too. Anyways, um talk to me about the tiers then. How many tiers are there? How is it a certain amount of um NFT holders or is it a certain amount of um tokens that you burn or is it a certain amount of tokens that you hold beside the NFT?
Talk to me about that.
Yeah. So the the tiers go up by level, right? And so it's slightly cheaper to activate to a higher tier via token burns than to get multiple brokers. So for example, for what you could get for uh three bro three brokers essentially, you can get a 3.3x multiplier. But this is the key that activation tier doesn't carry into a sale. So if somebody transfers the broker to another wallet, the activation tier is erased. So, it's an activation tier you do, but it also incentivizes you to hold on to that asset, creating a really great holder holder base because we need long-term we need long-term products. Attention cycles are up and down with Robin Hood chain. And actually, I would like love to talk to you guys about the idea behind Launchpads themselves because I think it's um I I think it's something that actually is a little more short-lived than people might expect.
>> Well, let's on the back of obviously ponds. Yeah. Reaching 35 million. Um, obviously Stokon Broker has a plan to launch a launchpad. There's been a few other little degenerate tokens I've traded over the past week or so that are also trying to be a launchpad. Talk me through your perspective and and how how it it's it's a dog eat dog world. It really is like I mean if I go back pre-pump fund and you really start to think about and you go back to 2021 era Craig where you basically had to if you wanted to trade in and out of tokens you had to know how to trade in and out of liquidity pool slash using unis swap slash using pancake swap depending on wherever you were trading right the world is it's so easy to trade these days I mean we partnered with FOMO I can literally click a button right now and buy a token on BNB a token on Robin Hood a token on Salana It's just stupid.
Yeah, I pay a bit of a premium on the fee or premium on the bridge experience for the obviously to trade in and out of uh what what chains are on, but the world we live on now and particularly things with like lighter and hyperlquid and all of that as well. People have no idea what crypto used to be like if you've only joined in the past couple of years like the >> trying to dodge dodge honey pots and things, >> the honeypotss, the friction like before you could have all these contract checkers, all these sorts of things.
like it's come so far and again another reason to be so bullish on what's potentially building and particularly talking with simplify today from your from your experience and obviously now with stock brokers I suppose the first question a little bit alpha what's your timeline on your launchpad but secondly my follow-up question is how do you steal away market share attention uh compared to something like pawns which is really dominating at the moment >> yeah I mean look I think it's an interesting question for a couple reasons because long term I'm not sure that the memecoin launch bonding curve model happening through like a single UI like it is for pump fun and stuff like that right now is going to be something that we're going to see forever. I think eventually most UI or interactions you do with blockchain are going to happen through like some type of agentic tech where where you just say launch a token and it does the contract the token everything because there's no reason to use the intermediary at that point on the AI.
>> Good point. So, what I'm wanting to specialize in here is tokens that have special features. Uh, so like the punksters of the world, uh, the Fbomb like you saw on on base previously. I don't know if you guys remember that one.
>> And so I want to bring in the great creators and creative individuals in the space. I want them to use the Stonk um exchange launchpad to launch the tokens there. and we give them the 0ero to one marketing distribution that is going to be difficult to gain otherwise through the ston broker community themselves. So in the early days, I think one of our first deployers, if not the first, is going to be the slot father. You guys might know him. Uh Michael Hirs. He did >> heard of him. Yeah, I have heard of him.
Yeah.
>> Yeah. He had an NFT with that was combined with a token that really did really well on ETH mainet. Create a lot of commotion. He does really creative things. And I have quite a few other friends and creators that I'll be inviting to try things and maybe not even their own create just their own creations, but also new token standards that I can create as well. I have some special ideas for a specific type of token launch that will be coming through the song launcher, which is a form of memecoin trading that the the world hasn't ever seen before. Um, it's going to make it more fair and more fun in my opinion, but it's also slightly more degenerate.
>> Wow. More fair, more fun, and more degenerate.
>> Give us more like um I try to think from my trader perspective. Um, obviously the main things that come to mind is obviously limiting airdrops, limiting bundles, limiting snipers.
How do you combat just even those three, I suppose?
>> Well, I think one one early thing you can do is you can incentivize holding.
So, for example, all of the tokens that come out of the the the song launchpad essentially are going to have the option to instantly activate staking for their token and that staking is going to come from LP fees. And so that's going to be an early feature that anybody has to access with the classic bonding curve model. But also, I would love to have tokens deploy on the Sonk launcher that are tokens of things that are going to be prospective companies on Robin Hood chain. So things that are going to be DeFi protocols I would love to have launching on our song launcher and then the brokers essentially see this ICO moment, you know, and they become the curators essentially for the trenches.
Uh, also of course if people have high powered memes or a great meme that comes out, I think the Stonk Launcher is going to provide some of the best tokens on Robin Hood chain and that's why it'll be a good launchpad. Uh, early days of course I'm sure we'll get tons of volume, tons of people deploying and that'll be super positive for the fee structure we currently have. But I'm thinking long term and that's where I get into things like we want to capture value from token swaps because you know right now Pump Fun um FOMO factor you guys work with I mean those token swaps are where they're eating and so to make sure that the community has accessibility to those great fees we need to utilize the best DeFi protocols in the world for that >> and this all this all feeds back to the model of holding the NFT or obviously the token buybacks or burns right like um the how do you buy the stocks that you're distributing Is that how does that all work?
>> So the the stocks on Robin Hood chain are essentially that's their own technology, right? And you have several routers that you can use, but we're using Rialto. You guys are familiar with Rialto.
>> And essentially they they feature all these stocks and actually um last night we added for the first time, this is like a first time for an NFT to be holding a precious metal in silver and also US oil. Uh, I wanted to do gold, >> but they don't have gold.
>> We don't have gold yet on Robin Hood chain, but hopefully soon.
>> As soon as you get gold. Oh, damn. Boy, I'm very interested in that. That's very good. Yeah. Okay.
>> Cuz I think it's cool to have this NFT and even if it's, you know, 10 20 bucks worth of gold. There's something different about that. There's something different about this asset that carries that RWA value. Uh, I think like Solana for example makes a big mistake of focusing a lot on the launchpad, right?
Because it gives them great volume. But I think their best products are actually the gacha puns, the Pokemon cards and gacha. They do the best revenue, too.
And that's because crypto people in general, I think, are interested >> when they're not trading on memecoins and parking their liquidity into things that are very liquid and and lucrative long term.
>> Yeah, dude. I love innovation tech and it's so epic to have a conversation with you here as well. Have you spoken with Vlad specifically? Have you are you working with him or are you working with the team? like cuz um that's little alpha in itself. If you've got him in your DMs um or even your text messages over the phone call that that's that can change a certain perspective from a sentiment sort of point of view.
>> No, I don't have any type of alpha in that regard. I have spoken to you know Adam Fern presented he's uh he's BD and DeFi at Robin Hood chain. He presented Stock Broker. So that's no no secret as the most fun launch on Robin and Chain.
And I've spoken to him and he's given me some great builder tools to work with.
Like yesterday, I was able to get the full list of stock tokens that exist on Robin Hood chain and that's why I was like, "Oh, we can add silver."
>> Yeah.
>> Boom. Let me add this right away. And I think that type of leadership is really great.
>> Yeah.
>> You know, so Vlad has this thing where I think he's trying to play both sides of the fence.
>> Yeah.
>> While also creating a super interesting scenario. It's like the next team he follows that token blows up, right? But at the same time, you don't want a kingmake. You want to see the organic buildup till I think a team gets to a certain level and then you follow him.
At least that's how I see his mindset.
Vlad is Eastern European. He's a Bulgarian guy. Uh I'm Eastern European as well. I think he knows what the Salana Trenches are. I think he knows what these other chains are doing and I think they're going to eat everybody's lunch. I think they're going to obliterate all the chains.
>> I've said that. I've literally said that. I've said like you the conversation has really changed like because we we were big in the abstract ecosystem. We've seen mega ETH go to zero. We've seen Barerchain go to zero.
I mean, there's so many countless examples of all of that, right? This this conversation about Robin Hood chain, let alone Robin Hood as a brand, as a company, as a platform, as a retail exposure, all that sort of stuff, right?
Um, plus, as you've alluded to, like real world assets, um, web 2 focus as well, not even web 3. Like, it it's it's a whole different conversation. And it really is a competition now between Bass and Robin Hood arguably, as well as Salana. like it it immediately moves into the top three of maybe five if you include Ethereum in there as well. Um for me and it makes there's so there's a big reason I've done YouTube tutorials on how to trade on there. There's a big reason I'm I'm spending every day trading meme cocoins on there because I agree with you like it is we're in the infancy of what could potentially be one of the biggest chains moving forward in crypto. So for me specifically oh there's a scammer on Twitch. I love that. Um but like for me yeah Robin Hood is just I think there's so much upside here and a lot of crypto dgens who have particularly maybe come from Salana too.
If you've joined crypto in like the last what three or four years you've come from this whole Salana degenerous scene.
All you've ever known is probably that.
But if you've been around a little bit longer you can start to put one two three things together and you start to go well hold on a minute. Robin Hood is is very different >> to to other L2s or to other L1s that are trying to launch. I mean even just throwing conversations with like say and sui and stuff who ultimately were born out of the whole um not necessarily DeFi but the whole expensive and slow Ethereum that we all were trying to trade on in 2021 and 2022 and that's why Suie and say did really well for a short amount of time. Are they still doing well today? Well, not really because now we have Robin Hood and we have all these other opportunities in the market. So like for me this this ah dude I I wish I knew I did deep research. Craig sent it to me on a bloody Sunday morning. I was hung over on Saturday.
>> I took the green to mint. I was like, "Make sure you mint, dude. This is going to cook." And he had gone out.
>> I meant it on Sunday. I didn't even mint on Saturday, bro. That's how >> mint this, bro. Please. You're killing me. And then he >> was Was it after a New Zealand uh World Cup match or are you guys from New Zealand or am I Aussie? We're both Australian. I'm from New Zealand originally. Okay. High school, but um the accent. But um no, we both live in Australia now. We're about two hours away from each other on the coast.
>> Yeah.
>> Okay, that's awesome. I love I love the fact that I've actually had a lot of great people I've worked with in the past, especially some with AI6Z when it did really well that were Australian based and they they uh they really cook there.
>> There's a lot of people in Australian crypto, Craig, the more the more like we get more exposure, you meet people, you meet people, oh [ __ ] I didn't know you were from Australia, like all these sorts of things. So, um we don't want to take too much of your time. Um, you've obviously alluded to a lot here today about what you're building. What talk to me about timelines though, so like with the launchpad, like what sort of what timeline are you looking at? Um, obviously with the decks and and the swaps and all that as well. Um, give me a timeline. What about pers trading? Is that something that interests you as well? Because again, like it's it's fees from people clicking buttons is what you're trying to capture, right?
>> Yeah. So, I've uh built a perplex before and with the perplex the key the key is distribution like everything else with the decks with the perex um my big bet is that the NFT communities and the people who have gone into the token and now pfpedd their NFTts are going to be the X factor that that essentially takes us over the edge and can make us the number one launchpad index on Robin Hood chain. Uh my plan is to have this ready in the next eight days. The launchpad that is the timer is on the website.
Awesome.
>> And the VEX one month after that. And the VEX will give a lot more utility to the ston broker token itself, which I think is super important. And I think with a high a high volume chain like Robin Hood chain with these stock tokens, uh, powering those trades is going to be a huge fee generator. And that's that's going to be the key to this to this system succeeding long term. But like I said, everything I build is going to be fully blockchain based. not going to build anything that is contingent on me sitting here and maintaining it essentially.
>> I love that. I love that. And speaking of you, how do you get a bit of monetary success from this? Like are you obviously do you hold the NFTs? Do you hold a bit of the tokens? Like obviously you you want it to be as fair as possible. That's literally your model and what you've explained to us today.
But how how do you capture a bit of upside with all the the hard work that you've put in now for for multiple months?
>> Yeah. So there is a protocol fee on the actual um AMM swaps between the token and the NFT. So that's more than enough thankfully with this great volume we've got >> for for me to have this website and all this running for years. So it's that's excellent that we already have that foundation that we can work with for a long time from here on out. And then you know everything that else everything else that comes on top is gravy. Uh I'm looking also in the very near-term future perhaps before the launchpad comes out to launch liquidity lockers on Robin Hood chain. I noticed that the only option right now is anx network and they're taking 1% of people's LP for people locking LP in there. I think we can drop that down to half a percent and maybe even 0.25%.
drop those liquidity locker tokens to the ston brokers who are activated as well. And then, you know, these new projects that really want visibility can get some through the brokers and they can have a much cheaper option to essentially start scaling because 1% of your token can can cause some damage.
>> Yeah, for sure. Yeah. Yeah, we've definitely seen that happen in crypto.
Okay, last question from me before um maybe Craig has some last questions. Um how much AI do you use slash what what's your strategy with AI? And are you a Claude fanatic? Are you a Codeex fanatic? Are you combination? Are you using uh local LLM? Talk to me about again your experience with that because I'm sure you're a dev and you've definitely dabbled with it. And as someone who's looking to set up my Hermes agent over here to do some really simple tasks, um I would love to hear a little bit about your experience and what you think with AI.
>> Yeah, I mean look, none of this is possible within the short-term period without AI. Uh look, I could take Craig and I'm not saying you have no dev experience, but just for example, I could take Craig, train him for two days, and you could have your own token launchpad next week. That's something that you can for sure do. It could be relatively safe as well. That's why the key here uh for the next wave of products >> isn't product. Product is not the mode.
The mode is distribution. And if you can achieve distribution marketing, that's that's where you can win big. I'm a huge fan of it. I think the majority of traders on chain are going to be AI agents. I use uh AI aggregators. I use something called cursor for example. I'm a hashlock certified auditor as well for smart contracts and solidity. Um favorite models Fable 5 by far. It's a little slower but it makes virtually no mistakes.
>> Prior to that prior to that I like to do you do the builds uh using partially codecs and I like to do audits using opus.
>> Um I think sonnet is great for UI work and Gemini is as well. So, a little bit of everything. And I think, you know, the next wave of creators are going to be the people who are great at using agents. And that that lets you be really quick and reflexive. And I can provide value to my community that way. I can create great technology and put it in places where my community wants to win fast by, you know, having accessibility to these tools. So, that's that's a win in and of itself.
>> Yeah, for sure. No, great answer. Just one followup with that real quick. What?
So something like Venice AI, does that interest you a lot with the privacy and and all of that sort of thing or or how do you treat all of that conversation?
>> Look, unfortunately, I think privacy is essentially a thing of the past. It's going to be a major luxury. Uh privacy is going to be mostly cabins in the mountains away from electricity and internet. Right now, facial Yeah, facial recognition, cameras, the internet, you know, a lot of this is getting pulled through filters that are already trying to capture things. AIS are aggregating and making decisions probably already running the world without us knowing it.
Um, so yeah, there's there's there's not much you can do there in terms of privacy. In terms of privacy for financial transactions, >> look, that's the point of blockchain is that it wasn't supposed to be private.
That's how we stop funding wars. That's how we capture criminals. And the funny thing is, crypto has been become such a hot pot for criminal activity. But what the funny thing is is like what if Bitcoin was actually developed by like the CIA and they've been using it to capture people all along.
Yeah, that's that's a big deep rabbit hole. That's my sort of >> We probably shouldn't talk about that.
>> Um, no, I won't get into that. I want to say I don't really have any more questions for Simple Farmer because we've we've asked a lot. I'm sure the audience got a lot out of that. And what I I just wanted to say a couple of things. You know, first of all, you know, thank you for your time, dude.
You've been you've been an absolute pleasure to to talk to, to work with.
You know, as creators in the space, we love having access to people like you that that can come on and have something to say without, put it this way, without you guys building, creators have very little to do. So, thank you first of all for building something we get to talk about. And and what I really liked about your project, dude, is I saw so many people in the timeline who made money, who got a win, who and even if they didn't make money, they didn't flip it, they've got the PFP now, they they're repping your brand. Uh that that's a that's a pretty special moment when I I mean I can only imagine what it feels like to to launch something like that and have people put your project as their face. That is just such a big compliment. So you're the the market's giving you feedback and it's giving you really good feedback. So congratulations, dude. And I hope other debs out there see what you've done and start to think, well, I could make $1,000 on a pump and dump or I could potentially put my skills to work and make a lot more money and actually make a hopefully a change in the world and help others succeed and create something that maybe has a legacy. So maybe you doing this might spur on other devs. You know, you've got your launch pad coming and you said you want to work with other creative devs. Dude, that's that for me is probably the best thing you said today that I took out of it was you're wanting to get other creative debs to come and do cool [ __ ] And as a creator in the space or just a crypto enjoyer, that just sounds incredible. And hopefully you can lead those guys down the down the right track. So again, thanks for jumping on actually. Yeah, I've just got >> Don't say that [ __ ] on stream, bro.
We're not Get out of here, bro. Anyways, I'll say last last thing from us. Where can people go to learn a little bit more about what you're building?
Yeah. So, you can follow the clutch markets Twitter uh or follow my own. I try to post everything. We have docs as well on the website. I try to get on a lot of interviews and explain things and I try to make myself as available as possible to answer questions that are like technical questions and, you know, answer all Discord tickets on time. And I wanted to say as well, I would love to have you guys join the stock brokers community and get activated because to succeed as a launchpad, we need the great the greatest marketers in the world. And I think with the work that you guys are doing here, you should be financially incentivized to do so. And that should come from the blockchain itself.
>> Hey man, >> I can't argue with that.
>> Neither can I. You got me snooted there, man.
>> [ __ ] bro. I'm going to have to bloody spend a bit of dough. Anyway, uh Simple Farmer, thank you so much for joining us here at Mark Mates today. Guys, if you are new here, drop a sub, drop a follow.
We're live every single day. A little plug obviously with Simple Farmer here as well. Please follow Mark Mates. I got to YouTube. Subscribe. It's literally free. We're live every day. free Discord community as well down below. Tim Farmer, have a lovely day, night. Thanks so much for tuning in uh with us today and having a conversation. Hopefully, we'll have you back on the show again in a couple months after Launchpad's launch, after the Dex's launch, and and just again seeing what's coming soon.
So, no, I'll definitely 1.3 ETH, Craig, we can probably part with a bit of 1.3 E and get into that. So, um I'll be checking that out later today. Um have a lovely night, have a lovely day, mate.
Thanks so much for jumping on.
>> Thanks.
>> Hey, Greeny, run that TA. 1.3 E is nothing for you. Yeah.
All right. All right.
>> Love it, mate. Love it. See you, mate.
See you.
>> Thanks, legend. Ciao.
>> Oh, what a good conversation.
>> He's a beast. What a good dev. If only every dev you ever speak to was the same as him.
>> What a legend, bro. Seriously. Like, >> a nice guy, too, right? Really nice guy.
Humble. Um, I sent him tons of DMs, bro.
I had, like I was saying, I had that um >> he sent me a bunch of tokens. That's how I got your white list. I had to get the tokens, then burn them. And I had one of the one of my browsers wasn't working.
And the poor dude, bro, this is like the day before mint, so imagine his brain.
And he's got me messaging him at some ungodly hour >> 40y old club saying, "Hey, bro, how do I >> how do I do this?" Um, and he he actually took the time, put screenshots up, talked me through how to do it. Bro, that's pretty unusual in the space, bro.
He could have left me on red, man.
Easily. Like, easily. And he that this was 12 hours before mint, so >> it's pretty rare, bro. And there's not many people shipping proper um NFT products uh that are deep with I mean just everything we talked about like holy [ __ ] bro like >> it's it makes you think that NFT or the token could run harder. Um I don't know the NFT is tricky. Um, the token's easier for me cuz I find tokens the simplicities. I mean, you buy and sell.
The mechanics, there are no mechanics.
Whereas the NFT, do you claim? Do you wait to pump it?
Like, from a trader perspective, I'm trying to think of the best way to approach it. Um, but at the same time, maybe I'll just buy the token just to support the dude a bit, man. Like, I kind of I'm one of those people. Not everything's an investment for me.
Sometimes it's Oh, it is. It's an investment in people. Um, >> yeah. And when I hear someone like him, >> um, I've just writing to him as well.
Uh, when I hear someone like him say the right things, it makes me think, well, I've put money into dumb [ __ ] before, man. Maybe I need to put a little bit of money in there and just just just say, look, I I I'll leave this in here. Run it up, man. Get to work. Like, the dude's going to work, man. Like, he's If you want a dev to work for your bags, that's probably the guy. So, the way I like to think about this, right, like um you guys know the people tuning in, uh you Craig especially know me well. I I think bigger than just this project. And what I start to really think about that it that I mean just based on today's conversation is that this is a bet on Robin Hood chain and might ne it might actually be one of the best like ROIs again not financial advice that comes out of the bare market to have exposure to this chain like in a way.
>> Yeah. Yeah.
>> Like think >> like obviously it's it's going to be hard like don't get me wrong it's going to be hard. Let's be real. it's going to be hard to maintain attention as he alluded to. Um, but if he keeps shipping products and the fee model keeps going, that's the that's the funnel, the flywheel that has enough momentum no matter what happens moving forward as long as Robin Hood maintains success, which I mean, I struggled to see where it doesn't maintain success.
>> Um, >> that's where the flywheel works enough that it just keeps shipping. So, it's a I do agree it's it's tough to again it's a separate trade now at 2 point well at 1.3 E compared to when I sold at.3 E but like I mean we're in a bit of a corrective wave as you can see here on OpenC.
>> Oh, if it's.3 now you just you you'd sweep three to five at >> Yeah, if it's.3 I I would sweep, right?
But it's at 1.3. Um but you've only got 95 listed out of 4.4K. I would love to I should have asked I forgot to ask how many are actually activated cuz um someone in GTG I can't remember who maybe next I don't know some of the gurus in let me just scroll and check um who it was uh who shared it yesterday gosh we have so many messages in this chat um oh I don't know who it was I'm going to I can't remember who it was but someone who I know is deep in the world of of meme uh not memecoin but NFTTS and everything like that, >> but they they earned $135 in stocks, bro. And I think they only had three stock brokers from memory. I can't remember specifically, so I'd love to I' like again, you know me, I like to do the math and everything, but this this is a hedge on Robin Hood in my opinion.
Like you could buy the the um stock um Oh, thanks DGT. About 1,500 activates.
So that's about >> That's what's good about having people in the chat, man. You can just get answers. So, I'm scrolling I'm scrolling our chat to kind Here we go. Yeah. No, it's crypto. It was crypto. So, minted three, activated them to floor traders when the token was around 900k. So, costed under $100 to >> Oh, such a good play, >> dude. That's I'm so jealous. So, his broker's currently holding this is uh he sent this two days ago. He $135 in Apple, Amazon, and Nvidia. And now he says you got silver and oil. So, so talk to me about guys in the chat. I love this guys. I love this. Talk to me about the tiers and let's go to the website because I do want to I want to follow this up. I want to continue this conversation today because this is this is we haven't seen something like this before. Okay. So, let's um Yes, I understand. So, um I'm I'm an absolute noob here, so you're going to have to talk me through this. Um, can I see all of these sorts of things on the website or do I have to connect my wallet slash have a NFT to uh to do all of this? So, options exchange home um get a broker airdrops. Okay, here we go. Airrop stream uh platforms 100% on chain 70% of the trade fees acrew. Um, so how much would it cost to to activate one now? That would be the real question. Grace just buddy jipped me. Um it Yeah, bro. Congrats, bro. Skype Skype Skypo. I'm going to call you Skypo. Um so how much would it cost now to activate one? Um go to the dividends tab. Okay. Where's the dividends tab? Is there up the top or on the side? Like there's no dividends tab on the side.
Docs.
Ah, dude.
Okay, I'll have to have a proper look at this today. I might have to look at this today. You can see without entity with without connecting. You can see so one analyst and one floor trader. How do you tell what a floor trader/an analyst is?
Like how do you like the traits on OpenC don't depict that? Am I right? So it costs Yeah. 60. Oh yeah. So it's just relative, right? It's relative to whatever the token is. Okay. Yeah. Fair.
That's right. He did mention that is 66,000 or 666,000.
That's a big difference. 66k.
So commodities $4 stocks earned. So you got two Yeah. So you're earning what?
Like 200 bucks in less than a week.
That's not bad. You'll get your money back. Oh, bro. This this is such a good this is such a good uh good idea. And and I love that. Like basically innovation. Oh, distribution's over here. Okay, I see the tab on the homepage. Okay, so 1,587 uh drops paid 433 stock broker burned already 260 million in tokens 200 uh 2,100 are locked in the AM AMM. Next, next threshold has already been hit.
Um, assigned stocks, Apple, silver, oil, Nvidia, Amazon, never. Okay, so they're basically showing you how it's happening in in Is this in real time? Probably.
That's pretty epic. That is pretty epic.
So, it just goes out fair distribution to to everyone involved. Okay.
Yeah. So, 66K the NFT costs. Yeah. Yeah.
Yeah. Yeah. Okay. Yeah. Cool. Cool.
Cool. Yeah. And I mean I love experimentation on chain and particularly when it's a Ponzi in a way like this that as you said what what really makes me bullish is one they're building on Robin Hood two they're maintaining success with the launchpad and then potentially the decks as well.
Like that's huge. Like that's that's very interesting for me. Very interesting for me. Um so okay good to know. I might I might have to dabble might have to dabble with uh with these.
Um the trouble is like so can the trades on like trades don't matter. What you would have to do is check the NFT to see if they have unclaimed airdrops. Do you think would someone not many people would probably not claim and then well basically activate it then unactivate it and then not claim the the money that they made and then sell it. The if I oh no because I would do it on not on my phone my wallet. Okay. Is there a way to check this outside of just the like how do I check for example, how do I go and check the uh the brokers that how do I check the brokers that may have some tokens that haven't been claimed?
Is there a way to do that chat? Let me know. Um yeah, dude. It's pretty it's pretty epic as you can see here. So, you come to the website distributions.
They've already burnt 270 million tokens. 1,500 are eligible. Uh they've already paid out 435 drops, bro. This is pretty insane.
Pretty insane. Stock distributed $134,000.
Great.
>> Yeah, pretty incredible for that amount of time. So, yes, you can check on the website if the ones listed are holding stock.
>> Where do I go? Where do I go?
>> How do you check that?
>> Is it trade? No.
>> Everyone's going to snipe these live e >> Yeah. I mean, I don't really have the money in the in the >> No, neither. So be it as well. Oh, it helps.
>> Let me just do this all for you. Let me just do this all for you. Um >> Oh, he says go to trade.
>> Oh, yeah. So, I'm under trade and then do I have to connect my wallet?
I assume I don't mind connecting my wallet.
>> Balance of >> Oh, you can check each broker's balance, can you?
>> Yeah, that's what um that's what I'm trying to do. How do I do that? Do I need to connect my wallet to then do it?
>> I wouldn't think so. I think you could just type in the NFT number, couldn't you?
Yeah, there's no type. There's no type button here though.
>> Yeah, I see there is a command.
>> What do you mean by that?
>> Simple farmer's going to watch this back and go, "Oh, I should have stuck around to help."
>> Oh, dude. I'm such a bot, bro. It's right up above.
>> Oh, dear.
>> So, oh, this is a command that you use. How do I search? How do I What do I type in?
Find me. Find me a I assume the command. Which which one would it be?
View broker balances. We found it chat.
We have found it. Oh. Oh, no. Wait.
That's only the ones that I have in my in Oh, no. In any go wait what do I have to type in a number?
Yeah. Okay. Wait.
>> Oh, it is a number. Hashtag.
>> Yes. You have to type in the bot. Okay.
The the number. Yeah, you do have to type in the number. So, for example, the one that's on the floor, 2173. We'll type in that one for example. So, >> yep.
>> 2173. You search it. What happened? It went away.
Do I click go? It went away. Chat, it went away. Why? Why did it go away?
Okay, I'll try I'll try one more time.
New balance broker of 27 uh 2173 go. And nothing does. No, nothing happens. Nothing happens. Am I dumb or what's happening here? Anyways, Craig, um what are you going to do about this situation?
>> This situation? Um I'm I'm not entirely sure, man. I I don't know how I'm going to play this. I I feel more comfortable with the in NFT with the token, but the NFT could have >> better upside because you get cash.
>> Yeah.
>> Yeah. You get money. You get money plus the appreciation of the NFT price. So, you could be claiming claiming claiming until the NFT pumps and and then flick.
Um, yeah. I don't I don't know. I don't know. It's a tricky one, isn't it? What are your thoughts?
Yeah, I think I might buy an NFT, but to activate it, it costs 66,000 tokens, so I don't know how much that costs. All right, here we go.
What's on the floor? 2173.
Okay, now. Yeah. Okay. Stock broker 4.21 Amazon. They've got a little bit of They got a little bit of Amazon, guys.
>> I 0.0000431 of Amazon. Okay. Okay. Hey, not bad.
>> Could be good in about 200 years.
>> Hey, Hugo. Hugo, you could be wrong, bro. People mess up in crypto all the time, bro. I I do agree though. If they're activated, they're probably not going to list it. But there you go.
There's proof. Someone has a little bit of Amazon on the floor.
You can always sell the NFT back to AMM for 666K of the token, Craig. So, dude, the Ponznomics of this is very bullish. So what you can burn the NFT for tokens?
>> Yes.
>> And then does that mean the uh the amount of NFTs reduces >> forever? But >> then you can can you buy back an NFT?
Like >> can you reburn one then? Can you mint one again?
>> I would assume so. Yes. Right.
>> Well, does the supply go down and every NFT still standing earns a higher yield because one's burnt for tokens?
>> Can someone talk us through that chat?
Talk us through that. Yeah, >> that's real interesting. If you can go backwards and forwards, >> index and chill, my bros. I was looking at that chart earlier, Clicker, and um it's chilling. It's chilling. It is chilling. So, you can you can you can do both. Great. You can go either way.
>> You can go in and out. So, you can actually theoretically mint.
>> Well, not I guess you get the old one.
>> You're selling it back to the liquidity pool. That's why remember when I looked at the distribution and it had like 2,000 holders. So, like for example, remember when I was looking at this and we looked at the holders?
>> Oh, they're going to jail. That's funny.
>> Oh, yeah. Yeah, yeah, yeah, yeah. I do remember. So, that's that's where you buy them from if or swap them, sorry, for the token.
>> Yeah, remember that's where I dumped mine into the inventory cuz the inventory had the offers.
>> Yes, they're going to they're going to for they're going to 5x there for your sale, bro.
So, how does the inventory make money from just is the inventory just there to buy in and out of? Like, is that how it all works? Like, am I really buying it from someone else or am I buying it from the in inventory? Does the inventory list or is the inventory only there for the conversions between buying and selling? Sorry, the transfers between the tokens/ the um NFT.
>> I reckon they're not listing the inventory. I reckon that's purely for swaps.
>> Yeah. 4 million. This was 3 million the other day. Wait, none of that. It's a carpet, mate. Bloody scratching the ground here. My dog in the background. A portion of the fees used to activate them are burned. The more Stonk Broker that's burned, the less that can be swapped from the vault.
Oh, so crypto bullies that so there's eventually it gets so tight that there's not enough to swap in and out. So you just have to buy the supply that's owned on the floor rather than the supply that's controlled by the the inventory.
So what they just lock up over after a long period of time and they're unaccessible anymore because there's not enough token supply left. Is that kind of how the ponzies work?
Yeah. 9% of the token is burned already.
So that reduces collection. Yeah. Think of it as the inventory being the NFT liquidity pool. Yeah, I get that point.
I get that point. Yeah. making the NFTs deflationary. Greg, [ __ ] bro.
>> [ __ ] >> They actually do become deflationary.
>> Yeah, because there's no more there's not enough people to there's not enough tokens in the future perhaps because they've all been burnt for people to then trade transfer in and out of them anymore.
>> Yeah.
>> Therefore, it's only the NFTs that are in circulation based on the amount of tokens that are are left.
>> Jazzy, what's up? What's in three days?
Jazzy, what's in three days? Jazzy >> Jazz's been pumping on the timeline at the moment. What were you raging about on the timeline the other day, Jazzy?
What was it?
>> About something.
>> So said they'll also buy them from the floor to remove them from circulation.
Yeah, Gigabrain Ponzenomics. I agree. I agree.
>> It's a monster, huh, >> dude? I Okay. Okay. I know. Dude, these are pumping right now. Stop that, chat.
Stop pumping it. Oh, there are people buying.
>> Um, yeah, there are people buying. Um, yeah, look at this activity. Let's look.
2 minutes ago. 2 minutes ago.
So, um, if I buy So, okay, talk to me.
Is there I I should only try and buy either if they have tokens on the floor, which I doubt it, or I assume if they do have tokens like um stock tokens, I'm talking um then they might be listed slightly higher than the floor.
Yeah, Jasse said 9% of the tokens been burnt within three days. Uh yeah, dude.
That's pretty 260 million Craig in tokens being burnt.
>> Pretty incredible.
>> You know what? Okay, the trader in me looks at the chart, looks at the kind of hype at the moment and thinks, give me a little bit more of a pullback and yeah, this might be worth a little bit of an allocation.
>> What do you think?
>> What are you thinking? I think you I think it's alpha to kind of get both.
Yeah. Well, yeah. Essentially, you're probably going to have to because you're going to have to um I mean, will you activate your NFT, right?
>> For sure.
>> Why wouldn't Okay, chat. Why wouldn't you activate your NFT? Why Why wouldn't you activate your NFT? Like, I don't understand a reason why people wouldn't do that.
>> Just go up the token and burn those.
Oh, you never know which. Wait, but so what is there alpha if I So it's better to buy tokens, burn the tokens.
Um, let me ban that commoner.
Greg, these are That's your Twitch.
>> Is that?
>> Yeah.
>> Hopefully they remember to subscribe.
I don't know.
>> I might just stop streaming there, bro.
I get no traction there anyway except scammers.
It's probably a waste of time there.
>> So, is it better to buy the tokens and burn them on the website or transfer them on the website?
What's What's the play here, guys? Yeah.
What is the arbitrage play? Hold on.
There's too many comments. I'm trying to catch up. Hold on. And let me just block this uh block list here. Okay.
To activate activate at least one to base tier. Um, can I see the tiers? Is there a a is there an image or something I can look at that have the tiers?
So basically buy one for 1.3ds then activate it for 66k tokens and that's it. That's and you're earning stocks poo boy sandwich or poboy sandwich says that yes that's correct. There won't be many if any NFTts that have any stocks in them right now for sale on overseas because they haven't been activated yet.
Yeah, fair. Yeah, there are arbitrage opportunities in the price difference.
All of them. All of which fees are collected on NFT traders and token trades which feeds fly. Yep. Yeah. Yep.
Dude, this is hard to keep up. Stocks forever. Not going to lie. You have to activate the stock bro before it starts getting Yes. Yeah. Aware of that.
Partner should be goal for any long-term holder. No. How do you Oh, did Greeny drop out?
>> Oh, I just got rugged hardcore.
>> I was like, it went quiet for a while and then I was like I went back to the screen. I was like, is Greenie gone?
>> I got rugged. Hold on. All right, we're back. We're back. That was random ass. I got rugged high. I was reading through the chat trying to understand. Hold on.
So, my god, this maybe it's maybe it's because there's so many comments. Maybe he just got bombarded. Guys, I appreciate this. I'm trying to figure it all out. I'm trying to figure it all out.
Okay, so go to the song breakers website. Then you can see if you can see the activation ti without connecting wallet. Okay, where are the tiers? Where are the tiers?
So I my question was do you just buy uh sorry you burn 66k tokens to just keep going up the tiers?
Yeah. Yeah. Yeah. I Oh. Oh. So they Okay. So they lose the stocks even during the sale. That's right.
>> Okay. So where on the website can I see the tiers >> to activate it cost 66k. How do you go up the tears then?
I don't know, Craig. This Ponzi seems pretty epic. It increases with the [ __ ] Okay, makes sense. Makes sense.
Oh, let me reply to Crypto Dad in the server.
>> Crypto Dad, let's go.
>> Yeah, he's a legend. He's got a punk, bro. Punk, >> does he?
>> Yeah, I've chat to him a lot in the past. Right.
Scrolling.
Yeah. So the stocks don't get lost in the sale, just the activation does. So it means each time the NFT is sold, it has to be reactivated and tokens burnt each time.
>> Oh, so wait. So stocks get carried with the NFT, but activation doesn't.
>> You have to pay 60 >> meaning the tokens will continuously burn provided the NFT.
>> So some people in the future will probably list it with Yeah. Yeah. So yeah. So that's what we're covering. Yeah. Cheers, guys. So basically, so go to the activate tab.
Okay. Where's the activate tab? Yeah, I'm on I'm under the activate tab.
Select a broker. I don't have any brokers. So you're multiple. You're drop share. Is there a visual on Twitter of the tiers?
Yeah, that'd be useful.
>> I would say someone would have made it >> surely. Let me go to the website. I mean the Is there a visual visual visual visual?
So, basically, here's a visual of like everything.
This is Craig. This is This has me intrigued for the first time in a long long long time.
Yeah, that's good. That's a good thing about someone who gets some new [ __ ] going. It makes you think, which is nice.
>> Okay, so here. So, how can this person see is this because they own all these?
Like, how does this why why does this person have it? Because they have partner status 3.3 clutch page somewhere. Okay, I got to clutch. Hold on.
>> I want to see the tears. I want to I want to look at it all.
So, how does So, floor trader one analyst 1.25. So, is it 60? Yeah. How much does it cost? Is this just one?
Oh, yeah. This is just for that particular broker. I see. Whereas the other ones that this person holds are all at zero. Okay, I get it. Partner is 1.6 million tokens. How many is that right now? At 10 at 8 million market. Oh [ __ ] bro. So Craig, like all Ponzies, it's always better to be early. We're coming in a little bit late and it's not nice.
>> And it's mega expensive now. Yeah. Yeah.
Yeah. Would have been the time to just buy the token when it launched at a millie >> um and had three NFTts at $600.
>> Craig, why didn't we do deeper research into this?
>> Yeah. Yeah. I don't know. Like I thought it would cook. I didn't I just didn't realize there was a launchpad and uh ongoing ongoing burn mechanics like all the time.
>> A whale burn 15 million tokens at 60,000. This was this was yesterday.
Activating nine brokers to partner tier.
So all nine of his brokers are at partner tier. So 3.3x partner tier. He now his nine seats now earn 1.7% of every clock in real stock all protocols.
He's the co-owner of the ston exchange launchpad V. See, that's the out. That's the That's the moat, bro. I like that. I like that a lot.
>> So, what's the buy NFT?
>> I think a combo. You got to activate the NFT. And I think you want to move it up the ranks. And I think But you know me, I'd probably try and swing trade THE TOKEN, RIGHT? OH [ __ ] I'm going to have to buy a couple of these.
The trouble is I think they could pull back a little bit. But maybe they don't, Craig. Maybe they don't pull back. Like we have a look here 2.6K. We have a look at the insights like it's been like they ran to how do I see the floor?
Maybe I go floors. They ran to 3.5. They pulled back a little bit to 2.4.
Listings are still below 100 2. So basically you got to remember uh 2,100 are in the inventory. So that means that there's only basically 2,300 in the supply, right?
>> Mhm.
>> Ownership. See the unique ownership is a little bit scary because there are whales. There are whales.
>> Yeah. 11%. Yeah, I did see that. Um that is always a concern. Um but uh I've seen plenty [ __ ] with that unique ownership too.
>> Yeah, showbiz accumulate accumulate the token after the stream. No pullback.
Can you earn the token at all by holding the NFT or is it the only way to burn the token to buy?
>> No, you can't. So, you don't earn the token. The token is separate to the NFT.
The NFT earns or distributes stocks based on the holders, right?
>> Mhm.
Ponzi, Ponzi, Ponzi. I like this. I like this. Okay, if we pull up the chart, guys, there will be a pullback is what I'm current. Okay, look. I look I swing traded this bad boy pretty well yesterday. I woke up again. This is before again I even looked at the the tokconomics of it and I I swing traded this little mini breakout and um sold before I went to bed last night and it did dump a little bit overnight. So reclaimed the 0.5 fib here. I mean not a bad level but it wouldn't surprise me if this did do something like this and then go a little bit lower and then something like that. So I would keep an eye on this but friendly Christian. Hey mate, I I'm in crypto. I don't know how many friendly whales there are out there.
Yeah, Christian, are you running?
>> So, my strategy will probably be go buy a ston broker at the current prices, go and activate it for 66k tokens, which um let me just clarify for everybody how much is actually that if I um just copy the contract. Dude, my computer is not handling whatever's happening right now.
>> Is it getting hot?
>> No, it's just like so slow.
>> Oh, yeah. Yeah, mine's freaking heated up.
Um, Robin Hood ETH. So, if I want 66,000. Oh, what' you say? 666. Do I need the 10%. Oh, it's cheap as chips.
It's only 200 bucks.
>> Is that all?
>> It's only 200 bucks to activate. That's pretty good.
>> We need to get these. I thought >> I thought it might be a grand.
>> God. Yeah. Well, what are we talking?
Let's just buy. No, that is I I agree.
That is cheaper than I thought, though.
Activation's not too bad then. Even at even at I mean I guess it was worse yesterday when the price was 2x to activate them. It would have been 400 bucks yesterday to activate them when the token was higher.
>> I'm gonna have to move money around, bro. I've got money bloody everywhere.
>> Yeah, >> in the wrong on the wrong chains and everything.
>> Yeah, same. I'm going to have to go look in the back of the couch for this ETH, man.
>> Okay.
>> E at the moment on chain. It's all in B at the moment.
>> Okay. Oh [ __ ] We know the alpha. Hugo coming in with the alpha. GUYS, GET IT OFF STREAM. Don't tell people. Don't tell people. No, no, no, no. Enough of that. We need I need to go do this now off stream.
>> Scrap. We need to Can you get rid of comments, >> guys? Thanks so much for the alpha.
Thanks so much for chatting with us.
Please hit up my DMs. Um I'm talking to to Christian. I'm talking to Chzes. I'm talking to Skypo Jazzy. Hit up my DMs and show as well. Like guys, hit up my DMs and and help me navigate the arbitrage opportunity here to find myself in a better position than when I was at the start of the stream. Okay? I appreciate you all. We appreciate you all guys. Don't forget join our Discord.
Actually, join the Discord community.
It's in the chat. Hold on, let me throw it in here.
>> Yeah, chuck it in again. I did about an hour ago.
>> Come and come and chat. Come and chat in the Discord with us. Okay. Come and chat with the Discord. You can't share links, but you can you can come and chat in the Discord. Yeah, great stream today.
Banging stream. Join us in there, guys.
And um chat with ping me as soon as you're in there. Ping me and then help me help me navigate what's moving forward. That's exactly why we started the the market mates Discord for conversations like this. Um better than buying and activating 2.3. Better to get more tokens to activate to highest tier.
Okay. Yeah, Skypo, come chat in in Discord, Mark Mage Discord with us so that we can try and work this out. Chat, thanks so much for all of your engagement today. Subscribe if you aren't new here. Go to Markhammades right now and subscribe, please. It's literally free and support. We do interviews like this with Single Farmer all the time. We had I mean we had Cryptogirl on last week. We had OSF on a couple months back. We have Zenica on about AI. We have everyone on it. Okay.
Um highly recommend it. Drop the link on X. Uh it is on X. It is on X.
Cryptobullies. Go to go to the Markhammates website. Here you go. No, sorry. The Markmates account, M MKT Mates, and it should be >> Give that a follow, too, guys. Give Mark on X a follow if you can. If you don't mind.
>> Yeah, it should be right here. If you scroll down a bit. Let me retweet it right now.
>> I wonder how many are up to. Oh, these comments in there. Here we go.
>> Let me retweet it. Let me retweet.
>> U do Can I retweet this one? No. Okay, cool. There we go. I retweeted. So, it should be at the top of the page.
Oh, we broke the 50s. Got more than 50 people in there now. Shout out to you guys for support.
>> Jump in. It's on the top of our page under Mark Mates. So, go click follow.
That way you can update uh see our clips and [ __ ] as well. So, I'll have to upload some clips today because it was such a good conversation. Um so, go there, join us in the Discord, chat to me and Craig in the Discord and we'll go from there. We'll go from there. Guys, thanks so much for jumping >> um jumping on and chatting with us.
Appreciate it. And uh massive shout out to Simple Farmer and Stock Brokers as well. very very keen to um to dive into this a little bit deeper. I hope you guys have really enjoyed today's stream.
Um Craig, have a lovely day. Chat, have a lovely day. And we'll see you guys again same time tomorrow at 7:00 p.m.
Eastern Standard Time or 9:00 a.m.
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