Web3 weekly: OKX's Polygon CDK L2, Coinbase credentials and Disney NFTs

Transcript

GM GM welcome to web 3 Academy your one trusted source to capitalize on the next big phase of the internet don't get caught in the hype cycle I'm jird joined by my co-host Kyle reidhead and we believe that an xrp trust is not going to change the world that's why we're carving a path for doers to confidently build and invest in web 3 what's up friends we got a hell of a show today we are obviously going to talk about this fake xrp ETF that was put out on Twitter if you happen to see that markets went a bit crazy from it we will talk all about markets as per usual salot eth Bitcoin what's going on across it all as well as inflation we'll talk about that jobs the whole kit and Kaboodle okx is launching

an L2 one of the biggest exchanges in the world is building on ethereum so we'll talk about that and what that means coinbase credentials we've talked a lot about bringing verified credentials and identity on chain what's happening in coinbase is leading the way uh Roblox is Roblox getting nfts it's the biggest game or what do you want to call metaverse in the entire world is it bringing nfts to its World we'll talk about that Disney is bring nfts to its World I'll tell you that and so much more is going on we will cover it all in today's episode but before we do Jay what are you grateful for yeah I'm grateful for Sam my wife she over the weekend decided that she wanted to re re

our one of our bathrooms our powder room we got a small bathroom and it's one of the last rooms in our house that we haven't renovated this is a new home that we purchased a few years ago and yeah she's handier than I am because not only did she decide to do it she is actually doing it we went to Home Depot last night we bought a new toilet uh we got some paint she's all in in between Jack taking naps during the day she is renovating a bathroom so mad Kudos and show shout out to Sam that's amazing what are you grateful for Kai I am grateful for friends this weekend my girlfriend and I hosted 16 people for dinner at her family's cottage up in

Grand Ben so 16 people it was I've never done that in my life it was really cool we made this like really nice pasta it was not as good as we had hoped because cooking for 16 people is just not that easy but it was a great night and a great time so we had a lot of fun that's awesome way to go 16 people that's no joke to host that many people I'm sure I just barbecued a little bit it was M Heather but good on you well you know what else I'm grateful for right now Kai is I'm grateful that the markets are back and crypto is on a rip and things are going well and I just can't handle the thought of any of our listeners missing out on this opportunity right before we hit

record today Kyle and I were looking at at some charts and the opportunity is it almost is it's unfair it feels like we have a cheat code right now look we don't have a crystal ball we don't know exactly what the markets are going to do but directionally I am as confident as I've ever been in the crypto prices surging right now continuing to go up and I think over the next few years there is a legitimate opportunity for people to change their lives by having smart investment strategies and yeah if you're listening this podcast and you are ready to make that next step and to take action and to change your

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well well worth it all right J we get into discount expires in three days everybody so you only got three days so don't wait get on it now 69 69 all right let's get into so market watch today we'll do a quick review of the three Majors as we usually do we're actually in a little bit of a dip right now as you can see from the charts up on the screen again if you're if you're just listening on the podcast I'll do my best to explain the charts that I have up but otherwise you can watch YouTube you can watch on Spotify you watch Twitter we put the video there too but Bitcoin is down almost 4% today but it's still up over the week and up bigly over the month about 27.6 n% over the month is Bitcoin ethereum same thing it is

down today only uh 7 or no sorry 3% it is down but it is up 5.6% on the week and 25% on the month and then salana the the winner of it all is actually down 6% right now which I mean is probably due it's up 42.7% on the week and 157% on the month this thing is crazy it is up 520 per on the year what which is if so I go to bitcoin coin here check this out Bitcoin over the last 5 years is up 560 per. Salat just this year is up 52% now we're comparing Apple's orig just here so like whatever it's not that

big of a deal it's just a little bit wild I'm just going to show another chart here this is Salata uh it's It's weekly charts so far this year which is just it's just wild and I've had a lot of people already asking in our Discord you know should I still be buying salana is it overbought like this did I miss it I want to break that down just a little bit and so we'll start with that and then I'm going to get into some macro stuff and then I'll leave you with a nice little summary but here's what I want to say about this this is still very much early days right we are yes this feels like we're in this crazy bull market where things are just wild and things are going up and up and up if we zoom out and we just look at past right

so past Cycles this is Tiny right it's nothing right now we're just a blip so there's still a long way to go in crypto it doesn't mean Soul or whatever any of these tokens are going to be the ones that that do it that really go but you know we're still in very very early days and there's a couple points I want to make here one I'm just going to show you some potential for salana and then two I want to talk about what you can expect over this over this coming bull market so first if we look at this chart here I'm doing a price predictions report right now that will come out in two weeks in Pro but I also just released one today on salot itself so I broke down what's happening in Salada in terms of like the tech I talked about the

onchain metrics and then the value Cel and potential price here and I put I charted soul from last cycle with eth from its first cycle so Solana's first cycle was the 2021 basically cycle until now eth was 2017 until 2020 it's the first kind of main cycle and if you chart it on a graph if for those that can't see it is almost identical the price numbers are not the same obviously because whatever that doesn't really matter but the structure of it is like literally almost identical in every way it pumps at the very beginning then it kind of chills out goes down a little bit for a few months then it just goes crazy mental up up up up up parabolic and then down and then you have this like rebounce right after it goes down

like super far and then goes and then it kind of like falls down and now we're into the bare Market it looks identical if I charted Bitcoin from its first cycle it looks the same as this to which is just really weird but that's just how it works so then what I did is like well let's see what ethereum did after that and I zoomed out ethereum but left salot the chart there and here's what ethereum did it 3.5x from its all-time high from that previous chart I just showed and so I still have salani here it's the pink which almost looks can barely even SE it at this point but that's what you could probably expect if it just does what ethereum did now I'm not saying it will do what ethereum did but it's got some potential but this is the what can

happen in this space and this is why we're saying like the potential for this next couple years is just it's unheard of you don't find this in gold or in equities or in like other things it's it's just unbelievable what can happen here so anyway that's a nice little view of of what could happen now the big point I want to make today in today's market watch is everyone's asking should I buy solot is up 520 per or whatever on the year should I still be buying and I just want you guys to know like in these Cycles these assets go up 10 20 30% from their bottom sometimes even more or sorry 30X 10 20 30X not perc uh from the bottom it's pretty wild ride and people are like whoa that's crazy like no way you guys made that much the thing you

need to understand is these things also pull back like you wouldn't believe this isn't just some easy ride now until that 3.5x from its previous alltime high and then you just sell the top and you're out that's not how this stuff works okay let me zoom in on this chart here this is a chart of eth from last cycle okay it went down from $85 up to $5,000 over about a year and a half unbelievable right now it's not as easy as it might seem let me just show you here on this chart and I'm going to walk you through what actually happened during this time okay so if we look at some of the ups and downs of this here was the early days of ethereum okay I can't even get there that's how much this thing went up

like this is to zoom in on this is just wild but let's just look at this small little blip okay this little blip here looks like nothing when you compare it to everything but in that moment on November 23rd it took three days and ethereum went down 24% 24 so right now people are scared because is down 6% right over the last 24 hours and they're like oh my God is this over are we done is that all we can get the this is nothing that's 24% in just three days okay let's go to a bigger one because that's nothing here's one in January of 2021 where ethereum went down 34% in three days 34% imagine that for a second if you

have $10,000 and it goes down 34% you now have what 60 6,000 so that's a massive massive drop and it did it again and again and again and again let's look at this one here here's another one February so one month later okay it it went up after that big drop of 34% and it doubled okay and then it went down 38% in a matter of eight days okay and then what does it do it doubles again and it goes up actually within that time frame it looks like it did it again it went down 22% in 11 days and then what did it do it tripled and after it tripled it then went down 25% in 3 days and then it

quadrupled and then what did it do okay after it quadrupled and was sitting up 42% or sorry 42,000 it went down 60% in in 11 days 11 days it went 60% okay and then what did it do a few months later it went back up all the way to 5,000 so I just want you guys to realize this isn't a straight line up and pullbacks are fine they're going to happen you need to expect 20 30 40% pullbacks they're going to happen almost every month next year every month the volatility that is about to come into the space is just it's something that is very hard to stomach and this is why you really need a plan which is again why we

are saying take advantage of this bull market prep pack so that you don't get knocked off the horse because that's what happens here is these pullbacks people are like I'm out I'm out this was the top and it's not true true so anyway it's a wild ride you need some perspective and that's why I want to show you that I will continue to show you these things because again these pullbacks are expected usually in these moments you just want to buy buy on every pullback you'll be all good but they're hard to predict you're rarely ever going to predict these things anyway Jay anything you want to add to that or ask on that otherwise I'm gonna move into some macro stuff yeah no I think the device is well said prepare for a volatile time and that's really why you got to tune in to us every week

and stay stay in the loop because it's very easy to get caught up in crypto Twitter it's very easy to get caught up in the narratives and to lose sight of your plan and people go well how do you know that this is another cycle like how do you know that's what we're going to go to and so that's why I want to cover a little bit of macro because really it might not be but what you need to look at is is the macro environment set up where we can have another bull market can we get a bunch of liquidity back into risk assets like crypto like Tech cu that's what we had back in 20202 and 2021 that's what we had in 2017 and that's what we had in 2014 when we had all these past cycles and so let's just look I mean we've had a macro scare for

a while people have been worried about inflation I mean it's gone down from almost 9% down to 3% but then it started to go back up over the last few months so people were a bit worried I've been saying look inflation is not a big deal it's going to go down don't worry we just had our inflation print this week and we went from 3.7% last last month to 3. 2% this month which is actually under below expectations okay expectations were referred to be 3.3 it actually went down to 3.2 a big reason for that oil which is what I talked about I've been talking about is that oil is going to tank gas has been going down which is really nice to see plus a bunch of other things so this is headline inflation I said that it's core inflation that truly matters though so let me bring that up

we also beat or we're below expectations so we are 4.1 last month we're 4% this month it's a slow decline on core but people expect it to be 4.1% so they expected it not to go down at all we still went down this was very very bullish numbers again we need inflation down because then the FED can lower interest rates with no problems and we're seeing this coming in fruition so this is really really good the next thing we need as I've always talked about is unemployment and job claims right we need unemployment to go higher we need job claims to go higher these are people job less claims sorry because if those go higher what this means is the government will not only lower interest rates they will also start printing money and we know that more liquidity in the system means that more

money will come into crypto and we are seeing so this was just this week here November 11th a massive jump in jobless claims so the highest we've had in over a year so really high on that which is um I mean sucks for the economy again I don't love that but as an investor these are things that you need for macro to to do does we always go through these cycles of unemployment higher and then lower government prints the money and so on and so forth they stimulate the economy they slow down the economy stimulate and that's just how it works and so we're in the phase now where we're kind of reaching that point where they're going to have to start stimulating so this is really good news and the dollar is noticing this I've talked about how the dollar is going down last week it was at went from 106

to 105 the reason the dollar would go down is if interest rates go lower and they print money it devalues the dollar right and so people start selling the dollar they don't want to hold the dollar anymore they want to hold assets so when if you look um at this chart here we can see from 2022 all the way to 2023 where we had this big bare Market where all of our assets sold off it's because everyone was moving into dollars because interest rates were going higher right and so now that people are guessing they're going to go lower because inflation is lower and they're probably going to start printing money and devalue it it's likely the dollar breaks and goes much lower now how low does it go I don't know it's still a very dominant currency versus all the other Fiats so like and that's what this

is the the Dixie is is basically just comparing it against other currencies but I think it will tend to go continue to go lower and as this goes lower it's a really good thing for assets as well so there's three big indicators on assets the last thing I want to look at here is the NASDAQ I've been talking about tech stocks and how they are likely to explode going to the end of the year if that happens crypto will do the same which we've seen there is a pattern that's very common in technical analysis called the cupin handle and it literally just looks like a teacup why this is a thing I don't know but it's a very high percent chance that when this forms and forms like in a really um perfect pattern which you can see on the on the screen here that it is then

typically what happens is you take the the from the top here of the cup down to the very bottom if you take that and you put it above the breakout Point that's generally where it's going to go and this happens quite frequently it's not doesn't always happen of course um but if everything works out um there's a high chance that that's what's going to happen here which this is a massive massive massive growth this is 30 something percent I believe 30 35% um increase from where we're at today now how long does this happen generally it'll take a months kind of thing but as I've been saying I think the NASDAQ is about to absolutely rip um which means tech stocks and just to wrap your head on that that just means growth that means risk assets which if tech

stocks go crypto generally follows or leads it just doesn't it depends but it just means we're back in Risk on the 2020 2021 days and it looks like from this pattern it's going to happen and which we've been calling for so you've got kind of the macro World inflation unemployment in our favor moving in our favor you've got the dollar moving in our favor and you've got tech stocks looking like they're about to break out crypto's already broken out I don't think it's done especially if we get the ETFs and so just to summarize it all I put this tweet out yesterday and people tend to really like it I guess here's The quick summary if anyone you know if you want to figure out should I be investing right now should I be putting my money in assets here's your sort of like Playbook well interest rates are

paused inflation is down and heading down unemployment is up and heading up the Bitcoin spot ETF is coming in less than 60 days the eth spot ETF is coming in less than six months the Bitcoin having is less than five months away and Global liquidity is about to Rocket upwards because of inflation going down unemployment going up so we need to stimulate the economy so you have these Supply crunches of the Bitcoin having eth burning tons of eth right now as more activity comes on chain and then you have the demand just the ability for demand to actually make its way into these assets just massively opening up with the Bitcoin spot ETF and the E spot

ETF there is just no better setup right now for crypto or Tech now crypto's obviously run up a lot in the last month so I would expect to pull back at some point who knows when obviously we just saw that it's happening you know as we're talking right now we're down 6% in salana and then you know 3% Ethan Bitcoin it could and probably should go down you just never really know in crypto all the indicators it says it's overbought but salot has been saying it's overbought every day for the last three weeks and it continues to double every day so like the technicals kind of go out the window when we reach this phase but either way it's on we're back that's all I'm saying we are so back I think something that's so difficult for

people to wrap their head around is how cyclical this is and as a result of how cyclical it is how possible it's become to really analyze and predict these Cycles which it was not as possible pre 2008 right it was not as easy but since 2008 and really since money printer turned on around governments around the world we have really entered this new phase where these Cycles are yeah they're very predictable which is scary and dangerous in a way like I I don't necessarily know it's a good thing that they're so predictable but for us as investors as people trying to increase our wealth

this is the opportunity that you've been looking for everybody like it's right in front of you this is the 2020 setup so like back in 2020 early 2020 right after covid hit when markets tanked and we had been in this like little bit of a bare Market at least in the crypto space and then it was like oh they're about to print a bunch of money oh interest rates are going to zero oh everyone's losing their jobs like it it was like okay it's risk on right like this is happening and so it was like everyone bought in and it just like we had this next two years of craziness we have a very similar setup we don't have the same in the sense like you don't have the covid scare so didn't it didn't drop like I think on when Co happened Bitcoin dropped like 50 or 60%

we didn't necessarily have that but like assets were already so far down and hadn't gone up whereas just before Co they had they had already done their runup and then Co happened they jumped down like 60% it was like oh this is an obvious trade this isn't like that but the setup in terms of macro and just the Innovation happening in the space like and then the ETFs it's just it's a pretty obvious one the interesting thing is most people around the world don't know that though right most people aren't thinking that a lot of people are probably thinking oh okay maybe the NASDAQ and tech stocks are going to do well but it not even that like it's not consensus even though it's now happening but a lot of people still aren't going oh we're gonna have another crypto cycle haven't quite got that far down here but

it's pretty obvious we're about to and so that's where the upside just comes so massively Kai you wanted uh to ask a poll for this week I can't remember what it was what was the poll question you had great wow well done Jay yeah so quick question everyone there's a poll in our in Spotify if you're listening on there if you're not listening on Spotify you can comment on Twitter comment on YouTube or message Us in Discord I just want to know are you on crypto Twitter so not are you on Twitter but are you on crypto Twitter really listening to everything that's happening in the crypto Twitter world it's a very polarizing world there's a lot of people fighting in there we're actually going to show some examples in the show here but I just want to know if you're actually on there seeing the like crazy

debates that are happening right now between let's say ethereum and salana but let me know if you are I just want to be able to form my our content more accurately for you because if you're already in there you understand it then I can get dive deeper to that if not then I can explain it or maybe we don't even touch it so just help us understand who you are let us know are you on CPS on Twitter I love it all right let's jump into the news fake R xrp trust ETF uh Roblox nfts are coming Disney nfts are coming and so much more but before we do just going to going to take a minute to hear from our sponsor modern newsletters are built on paragraph that's right paragraph is a brand new newsletter platform that combines the best parts of web 2 and web 3 to

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over to paragraph We believe this is the future of newsletters because of Prof profound engagement it creates between creators and fans so whether you're a Creator writer or an Avid Reader it's time to check out paragraph and capitalize on the opportunity of being early welcome back all right first up on the news not such great news a fake xrp ETF application what happened here Kai well so not not an etm application but close so it was funny when the ethereum ETF came out which was just the other day previous to that there was the filing for a trust an i shares eth trust

by Black Rock and it's filed in like the Delaware or whatever it's called in their system and so you can see it online and so someone on Monday filed the same thing by I shares x i shares trust but xrp instead of eth they used the executive name of Black Rock they used black Rock's address and everything and it got approved on the site and was available on a site and so all of a sudden it looked like their black rock was about to file an xrp ETF doing the same situations what they did with Bitcoin and then with eth and now with xrp and so it got put across Twitter xrp jumped 15% within minutes of this and then Eric baluna is the guy that we continue to show because he's just he's the ETF guy him and another guy James

they went looked into this they contacted their people at Black Rock they contacted people at the Delaware company and realized that it was someone had literally did some fraud here and and put this and used the Black Rock people's names so wasn't true immediately the price of xrp went back down to where it was at previously and we kind of went along now the interesting thing from this is I don't know if anyone here knows xrp people again if you're on crypto Twitter then you you've probably seen some of this but the xrp people are I mean one they've been through a lot it's been around for forever I'm I don't know much about the tech I don't really care much about it but there are some people that just really believe in it like link L Marines you have the link Marines you have the xrp I don't even know what

they're called but their community and they're super super into this thing and for some reason they started attacking this James and Eric saying that they're lying and their frauds and they don't know what they're talking about and like for sure that this xrp black rock ETF is happening and so these James and Eric for like two days had to like kind of fight on Twitter with these people like guys I don't know what you're talking about it's not true we've already confirmed with everyone so like what's going on here and he just put out James for this just gives you an idea of what people are like in the space which is alarming but kind of funny I guess so James just tweets out after he said you know for the strange section of crypto Twitter that believes me and everyone else are wrong about the Black Rock uh

and aer's xrp Trust being a false filing and he showed like the actual proof here and then he tweets out afterwards he goes my mentions are still filled with people saying liking and reposting things like it can't be false Black Rock filed it or implying that there are imminent plans to launch an xrp ETF I genuinely feel bad borderline cult mentality showing a serious lack of intellectual ability which it's funny because James and Eric are not in crypto Twitter so they don't see these people and they're experiencing this for the first time because they're now covering crypto stuff and they're like what is going on with these people so this is just a call out of like watch what you hear or read on Twitter it's a weird place there are people that are not

investors people that don't really know what they're talking about but they' bought these tokens they've maybe held on to them for a long time whether they're up they're down like I don't know but they've just like it's almost like religious it's like Bitcoin Maxi same sort of idea but you have these with xrp you have them with link you have them with eth you have them with soul you have them with everything it's just a weird sort of thing that has come about with like online communities and they start to just do some weird stuff and so just be very careful about the news you get from Twitter it's tough to to trust a lot of what people say because people are a little bit delusional I'm not going to lie somebody's going to jail for this like that's for sure yes 100% it's fraud

there's no doubt about it serious fraud like first off I can't believe that I don't know how easy it is to file for a trust in Delaware but it would appear that this Delaware company which we should figure out the name of the company but uh that that manages these trusts that they gota update their application process and make it a little rigorous more rigorous it feels like this is like as easy is launching a token on on an ethereum Network like anybody could do this is what it like when I first saw the news part of was like there's no way and they probably was like well I mean maybe I don't know they did just win their case against the SEC like there are a lot of Believers in

it I've never really looked at the tech like I'm pretty sure it's not great but who knows but then I was like maybe someone hacked the system but it turns out they didn't have to hack it they just could file it and it just worked so like anyway they lied about the name so like for sure someone's going to jail I hope this just makes the industry look bad like we're trying to get two ETFs approved and we go do that like can you be any stupider more stupid stupider whatever both of it all right next up let's talk about yeah you got some more I was just gonna say this there was one more tweet from Eric bouna saying that somebody asked him like what are the requirements to file and he said I don't know I don't know the requirements to get a name on

there like that I would think it's more rigorous than filling out a form but this is a first for me so it does seem like it's literally just filling out a form on a website which is crazy crypto is just taking over and our Internet cultur is just it's wild it's so funny all right next up okx which is one of the bigger exchanges in the world I think it's probably like the third biggest I mean there's binance there's coinbase uh okx has 50 million uh registered users so it's one of the biggest um and one of the most like legit obviously you have coinbase which is like the Pinnacle of legitimacy for centralized exchange Kraken is also up there then you have bance which is like it's very wi I it's the most used Exchange in the world but not super legit it's got lawsuits and filings and

things all over the world and then you just got a bunch of other like kind of exchanges where you're like I just don't know if I should trust them or not okx is the one they're mainly in Asia but the one that's like really legit and have done a lot of good things anyway okx has announced just the other day that they are launching a layer two using the polygon cdk basically what this means is they're going to have a layer two which is a ZK evm so think coinbase just launched a layer two called Bas and it's using the op stack so the optimistic stack it's an optimistic rollup what okx is doing is launching a similar thing but using polygon stack you could call it and this is a ZK evm meaning it's zero knowledge proofs so it's actually I don't know if

I necessarily want to say better Tech than the open stack hard to say that but it's more advanced potentially and has more features zero Doge allows you to have some more privacy stuff it's potentially faster cheaper so we'll see now it's still in testet but they launched testet this week which is really exciting Bas for example took I think it was about three months from when they launched their test net to when they went Fully live actually maybe it was six months can't remember three to six months anyway the difference is optimistic rollups so op stack was farther along than what the ZK evm is for polygon right now polygon zkm is live but it's in a beta so it's not even like Fully live on midet out to everyone whereas and so that's what Paul okx is building on so timelines of when they'll

actually launch this and go live not sure honestly don't really know but I would imagine some point in the next six months maybe a little bit longer let's see but anyway I think that this is a massive massive deal and the reason I say this is we we talked last week about Kraken doing this right Kraken is launching an L2 they haven't decided where yet but what's interesting about okx is so 50 million verified users they have a web through wallet similar to how coinbase is coin based wallet that's quite popular already their their wallet and now they'll have an L2 and this to me is one of the most bullish things I think for the space because what we need to think about is we always talk about ux in this space and so let's let's think about user experience for new people that come into this space first

they've got to buy crypto so they've got to sign up to this like centralized exchange from where what's ever accessible in their country so they're learning a new brand downloading a new app it takes a couple days to a week to get on it because you got a kyc you got to send over your money your bank which takes a bit of time so let's say you're about a week out and then all of a sudden you have your crypto generally it's Bitcoin or eth to start but who knows could be some other things doesn't really matter for most people it stops there I mean for example last cycle we had 350 million people interact with crypto in total we had a couple million that made it on chain so like the conversion rate is pretty low part of that is because well once you get on

that exchange it's not that easy to get on chain from there right because you've got to get a new wallet back in last cycle it was like metamask Argent and a few others okay and so it's a brand new brand a brand new app a brand new user experience you got to download another app on your phone you're like wait what I I just bought this stuff why do I need a new app to go and use it well not only you have to get a new app you got to get that metamask you then got to go and learn the apps that you want to go and play around with you got to then go and find the Unis swap link right and make sure it's the right URL and then a and then you know lens or whatever you want to use so like there is a lot of

friction and like brand trust that you have to build and ux experiences that you have to build it's like it's not it's not an easy thing now with coinbase having its own wallet and its own L2 okx having its own wallet it's own L2 binance now has its own wallet which we talked about I think it last week or two weeks ago that's it as B it smart chain and then Kraken having its L2 probably a wallet to come very soon for Kraken I would bet think about this you sign up you get your crypto and now you have a wallet which is branded the same in for for some cases it's in the actual app like bance I would imagine coinbase and okx do the same and then you can go to a chain that's branded the exact same as well right so in terms of ux and like

trust and like brand awareness it's all the same which is like so so key this is why Apple has done so well your phone your computer your music that you listen to your app store they're all I something right so it's so familiar your your cloud service everything is the save so it's very very easy to go from one use case to the next whereas in crypto it's fragmented fully what okx coinbase Kraken binance are doing is like making it all under the same brand and I think that is super super key for the next group of new people that come into the space the other final thing I'll say here is in terms of incentives this is also really big coinbase Kraken okx they had no incentives to push you

on chain right other than like okay if you get on chain you're probably a stickier client you're probably going to put more money into crypto so there is that but ultimately they make no Revenue when you go off chain they basically lose you you you move on and you're gone right so it's not really in their best interest to Market you going on chain they actually kind of want to keep you in their exchange they want you trading in there and they don't want you to go much farther well now that whole dynamic is changing coinbase wants you to go to base and they're making it very easy to go onto base okx same thing now bu same thing and Kraken same thing these are the gateways the first impression for every new user into the space and now they are all incentivized to push you on

chain this is massive I think this is a really big deal yeah I completely agree the analogy I like to use here is when you go to a carnival or a fair you buy your ticket in advance probably on a website or you buy your ticket at the the gate and you pay with your credit card and that gets you in the entrance right and so that's the same idea as going to an exchange and buying crypto for the first time okay now you're you're in the carnival you're in the fair but that doesn't mean that you can then go play the games go buy nfts go use an app right in order to do that you actually need to take your crypto and

get it onto a web3 wallet well at a fair you actually have to go and find like those token boosts you know and you actually buy like tickets right and those tickets are the currency to play when you're in the carnivore in the fair well same idea on chain is you have to go and get your crypto into a web three wallet that can then interact with different applications buy nfts buy using you know interacting with sound connecting your wallet to lens liking post like all these things right and so what all these these exchanges are doing

is they're basically making the entrance way allinone so you don't have to you know once you're in once you have some crypto you don't have to go figure out all these next steps on your own which as you said KY are like quite confusing right yeah and so all this just leads more people to not only get into the fair but also to participate on chain and to become a part of this ecosystem that we're building that we hope goes Way Beyond people just buying Bitcoin I I just hope okx and Kraken lunch their l2's ASAP because if they're just all flooding people on chain it's just it's so huge okay next up let's talk about our friends over at coinbase because we can't go a week without talking about

them always shipping yeah something called coinbase onchain credentials this is something we've talked about a lot which is basically attestations on chain so proving different things it could be your age it could be your country it could be just proof of humanity and there's many different versions of this I mean this is what worldcoin is trying to do right proof of humanity we've talked about a lot about like onchain credentials I mean we have it with our courses when you complete a course you get a credential but what we don't have on chain and some people in the crypto World hate this but is like sort of kyc onchain and a lot of people like oh well we don't want kyc onchain it's like well in some instances you do and you just you need it onchain because if the government wants to bring certain things

on chain if certain Banks or other companies want to bring certain like I don't know if alcohol companies want to do something on chain they need to verify that you're above the age of well 19 in Canada 21 in the US and whatever else around the world and so the there are some things where certain parts of kyc is just a requirement in the world and just like and it also makes sense if you want to enter a porn site we shouldn't just let anyone do that go stream something on chain when they're like 12 years old we should probably verify right and so not that I think porn's coming on sh anytime soon but who knows and so anyway what coinbase has done is allowing no I'm kidding coinbase has basic basically has this new feature that makes kyc on chain very simple because they've already kyc 108 million

people in their app and so what theyve done is created this way for you to go into the app with your web3 wallet and opt into getting kyc at a specific wallet tying it to your coinbase app essentially and so what that does is it gives you some onchain verification taking your like kyc from the app and putting it on chain and so now you can unlock exclusive whether it be apps or access or different things now what will those be there's not a lot of apps that are requiring this right now but surely there will be tons especially in the like Finance world where when you bought to buy companies or when you want to do uh certain things sometimes it matters about country sometimes it matters about like who you are so again this doesn't mean all of your wallets are kyc it

doesn't mean the whole chain is kyc it's just a feature that you can opt into and then use when needed right but you don't need to have one you don't need to have this and two your whole like the whole chain is not kyc okay it's just a feature on top of the chain that can be used which I think is really important I want people to not mix that up because people like no any kyc on chain is like against the values the values still exist you don't ever have to use this but there will be some apps and some services that you will need it and now people will probably also build the same service and product without the need for it and that's okay too you might be able to go use the one without that that's fine that's the way the world works but some will have it

and the more legitimate companies that probably there'll be more liquidity there or more whatever you'll need to use your credential in there so this is a thing that we've need to solve for a while and so coinbase is helping helping to do this yeah what I think is so powerful about this is coinbase keeps building out the features around base that enable they're really going to attract developers right if you're a developer and you are developing a app that does require some form of kyc well now of course you're going to be more attracted to Building on Base because they have this coinbase onchain verification feature that they're

building up so it'll make it easier for you and I just don't think people realize how how much we do need kyc in like our day-to-day lives like we all forget it because we're so used to it like we're so used to giving our email we're so used to giving our name and our age we don't even think about it you sign up for a new website you download something you go purchase something online you are constantly KY seeing and we just we don't really grasp that anymore I feel like we've gotten so used to it and obviously we're going to need to do that in the onchain world too not for everything but lot of things right not for everything it's gonna allow more us companies to build on chain because

right now they just can't and then think about aird drops it's not even just about like knowing all the details of someone but it's also just like right now people want to airdrop users but how many people bought that and have fake wallets like I would never do an airdrop without some sort of verifiable credential to prove that you're actually a human so I know I'm not wasting a bunch of money and giving a bunch of money to 100 wallets that are all own by one person that's insanity but that's what we have to do right now because we don't have this proof of humanity so this is a really big deal for many different reasons so hopefully people can WRA their head around that all right let's go from the technical of kyc and onchain verification to the fun of Disney Disney is back onchain they are

launching an nft platform called Disney Pinnacle and I got to say this is one of the most bullish headlines of the Year for me from the perspective of one of the largest IP brands in the world coming back on chain Disney tried to come on chain a few times already with Riv and with cryp toys and they've done a few things they've sort of played around they haven't fully committ committed but now they are fully committing so they are teaming up with Dapper labs and they're launching an nft collectible platform it's called Disney Pinnacle and it's going to be minted on Flow blockchain and it'll feature digital Collectibles from Disney IP so you're talking like Mickey Mouse type thing from Pixar so you're talking like Toy Story Woody Buzz Lightyear and from

Star Wars Darth Vader type thing and this is a mobile Focus platform so it's going to be designed for accessibility for anybody to get in and play on on their phone and it'll be built in a way that will allow you to very simply come on in direct purchase in the app now I'm not exactly sure how they're going to do that on mobile because we all know that if you build on mobile in apple you have to pay the Apple 30% tax and I don't know if they're going to do that or if they'll do more of the point system where you you buy some sort of points or tokens that aren't crypto they're just like a meaningless promotional point and then you use that to then go buy the nft

that's how a lot of other companies have gotten around it but what's interesting about this is what they are launching is I'm not sure Kyle I'm gonna tell you what they're what the nfts are so the nits they're collectibles purely Collectibles I don't think the focus is on utility here but they're pins they're like digital pins like literally like a pen that you would put on your shirt or on your jacket and it came from the fact that these pins I guess are very popular Collectibles for coming out of Disney a lot of people around the world collect these pins and they sell them on secondary markets and these are like the physical version of these pins

they've been really popular for decades and they're a big part of Disney's Collectibles and so now they're saying okay we want to make these digital versions of these pens now look I'm not the biggest collector neither is Kai so we're never going to be the first to jump at a collectible experience but there's a lot of collectors in the world and there's a lot of people that love Disney and collecting Disney items and Disney IP is really important to them yeah I mean Dabber Labs is the creator of flow chain which is they also had NBA top shops which was one of the most successful nft use cases that we've ever had it was like one of the first catalysts to the nft world back in like 2020 and it brought a lot of non crypto

people non nft people on chain now on a centralized chain blah blah blah whatever but at least got them thinking about nfts and a lot of them ended up going into crypto as a result so like it is still a cool onboarding feature and I would imagine Disney's gonna do the same sort of thing top shops were just like videos of things that happened in basketball the NBA there was just Collectibles that was it you opened up these packs you'd get these like video clips and like highlights and then that was kind of they like kind of gamified it where if you had certain ones you can do certain things it's like I imagine it'll be a similar Playbook and it's just again the top shops brought a bunch of NBA people in and I think Disney will bring in a bunch of people that love

Disney so I think it's really cool this is potentially huge NBA Top Shot stands to gain from this because it's going to bring more users onto the flow blockchain I think the other takeaways from this are one this opens the door for other major brands there's a lot of major brands that are sitting on the sidelines right now they're watching web 3 they have probably have a web 3 team or an innovation team that's focused on blockchain and Ai and all the future Tech and a lot of them are like regulation a little bit scared and now you have Disney one of the biggest IP brands in the world one of the largest brands in the world saying yeah we're in and not only are we in we're building our own platform so I think that's a big signal to a lot of Brands it's also a

huge win for Dapper labs and flow to get Disney like the Holy Grail of Ip like way to go Dapper flow I don't know who's on your bis Dev team but want to give a high five and on ethereum soon enough think4 I think the other winner here is Doodles Doodles 2 is built on Flow and doodles 2 is basically like Doodles interactive experience is where you can go and build your own Doodles character all the items like a jacket and a hat are all nft items and you buy them all and then you build your own character and it's all on blockchain there's not a lot you can do with that character yet though right because Flo doesn't have a lot of stuff on it well if Disney comes

on to flow and doodles is very much a Disney like IP brand you could see everybody's always speculated that you know Doodles wants to be the next Disney maybe Disney buys Doodles one day so I think there's a lot of interesting things here for doodles to potentially take advantage of and win as well as a result of did you say that Doodles wants to buy Disney one day no I said that Disney wants to buy Doodles did I say it the other way around oh no no no Disney wants to buy Doodles where do you get that from no no I'm just saying that that would be like that would be a great end goal for Doodles right they either want to become Disney or they want to sell to Disney yeah yeah okay gotcha I was like whoa wait what did I miss definitely all right super cool what's

next we got something else even bigger than Disney I would say yeah even even bigger than Disney is Roblox one of the largest metaverses in the world over I think it's 160 monthly 60 million monthly active users so huge and Roblox has said that they are likely going to adapt nfts now let's be clear this was an interview with the CEO where he basically hat tipped to Wards nfts and said yeah there's a likely chance that we integrate nfts in the future this is not Roblox saying you know Disney is launching an nft platform Roblox is not doing anything with nfts yet right but what's interesting about this

is about a year ago Roblox and Minecraft which are like the two largest metaverses or gaming platforms both said that they would not be integrating nfts Minecraft in particular owned by Microsoft really slammed nfts and so at the time everyone was like oh okay nfts are dead like these guys aren't going to integrate them but now and I we all knew this they're doing that for narrative reasons for PR reasons because their users and their consumers don't love nfts but in the background again guarantee they're both planning for it and Roblox clearly is planning well also probably back then they didn't get it and so they were like these are the dumbest things ever which they were if

you were an outsid of looking into the nft space like the web 3 space it looked ridiculous right it was like thankfully we were already in the space and like we had a grasp on blockchain and so like we could wrap our heads around MTS but if you didn't get blockchain before this that must have been a a weird time for a lot of people I'm not gonna lie this is why bare markets are so good right all the crap that went on goes away and then people can go okay what was that nft thing again like why did that happen and then it's like you have normal conversations you can talk to people you can figure some [ __ ] out and all the like scams not all of them but a lot of the scams and all just the hype and craziness are gone it's so like you can

just think normally again and that's basically what's happened I think is these companies took some time over the bare Mark and like wait what what actually went on there and so now they're like oh this actually really good Tech the interesting thing that the CEO of Roblox said he goes a lot of people do have this sort of pipe dream though of bringing assets from one game to another and nft is being the thing that enables that and he's like although like technically an nft can do that realistically that's not not going to happen because the nft can bring the unique ID from one game to other to say like yeah they had that thing and now it's here because the wallet connects from one game to another but the game itself still has to build in the like function fun ality and the like the

design and the usability and all this of that of all the metadata and like of what that let's say it's a sword in one game and like NHL 2004 is not going to build in a functionality for some sword over on like Assassin's Creed or something like that just for the like what are they gonna do build every single nft there's B gonna be billions and billions you every single use case so every just go from one game to another it's like that's never going to happen maybe it'll happen from like NHL 2004 to NHL 2005 you could bring your character with you and then he could play the next game or like a hockey stick or whatever or gun from one game to the next like maybe but again it's going to be only if it's like same ownership probably same game or Sequel

and then other than like maybe certain Partnerships but it's going to be very limited it's not just a free-for-all that's not how NFS work you got to understand it's just the underlying Tech of the unique ID doesn't mean you could actually go like have that thing look the way it is inside of that and Etc so it's very different other news out of the gaming World parallel had some big news this week we had Kos one of the co-founders of parallel on the podcast a few months ago just an awesome episode so impressed with everything they're building and parallel is really I would say a darling of the web 3 gaming sector everybody loves parallel and for good reason they've done incredibly well and they announced this week that they are going to be an open beta on the epic

game store which is one of the largest G game store in the world and that will take them so far they've been closed and they only have a few thousand users that are playing the game so it's amazing that they've gotten all the press and the attention that they've gotten with just a few thousand users there's a lot of people getting very excited to go play this game and so that's coming very soon they'll be open to everybody then on Tuesday they also announced some new gameplay emissions basically and they're constantly trying to manage their tokenomics because one of the issues with a game is as more people come into the game they create more nfts more things in the game more characters more

items which just inflates all of the items in the game and can cause a lot of issues around the value of those items within the game so they are constantly working on that and basically what they came out and they said was a couple things one is that right now you can play the game without nfts so you could come in you can play the game for free and you don't need an nft to play and what they've said is if you want to earn rewards which is in Prime token Prime is their token in the game then you need to play with nfts so they're basically saying you got to take the leap of connecting your wallet setting up nfts and then you can start to earn Prime

tokens and the more nfts you have in the game the more Prime you can win so they're starting to incentivize people who play the game more who have more items in the game to get more things out of the game more rewards and the market loved this there was a great Market response Prime token went up like 32% almost reaching its peak the earlier this week uh so it's up I think it's up like 130% on over the last two weeks it's up big time and then parallel avatars which we spoke about about a year ago uh they surged they're up 64% on the last two weeks so both the nft and their token ecosystem is really booming and if you haven't paid attention to Prime I would start paying

attention a great game to get involved with and great opportunities for those who are like ethereum hasn't gone up as much as salana and so ethereum's dead which is the narrative right now on Twitter which is again why I ask you to answer the question for on crypto Twitter let's think about the two games here that have made on epic games that have potentially be massive you have alium we talked about last week now parallel this week Loui is on immutable which is an L2 of ethereum parallel is on Bas which is an L2 of eum so you can see that the ecosystems and these l2s are working and there's a lot of big things that are coming on these really really excited to see where this goes because we can do some value acral reports on Parallel in the coming months we'll see as it as it gets on there and

as it as it really picks up all right let's go to Progressive ownership and a model for app tokens Kai this was a really cool nude letter that was written by Jin Lee that really talks about how should we distribute tokens to communities and how should we develop ownership and governance and she came out with a new model Kai tell us about that so Jin Ley has been around or Legion sorry has been around for a long time she is the founder of variant fund so they have she funds a lot of mainly consumer apps so she's big in like the social media space but now she's been in web3 for a long time and their their fund is really trying to fund consumer

apps so they are in Black bird and a bunch of others and so one of the things that they've talked about recently is how do we use tokens to help businesses truly grow and there's sort of these like four what they've outlined is these four eras of token distribution so tokens really first started back in 2009 with Bitcoin right and it was a way to incentivize people to run machines to bootstrap networks right and that worked obviously really well Bitcoin has been has been great and so that was the first area then we had icos which came in about 2017 on top of ethereum which was a new way of Distributing tokens for Capital formations so you want to raise Capital well let's just give out tokens

they're permissionless I don't need to go and set up like Equity at a bank and get lawyers involved I can just do it in one second people can buy which is great so really cool really good for Capital formation not so great for like lack of accountability in alignment because all of a sudden now people only care about the price going up you know people who actually launch that Ico might just leave and there's no accountability because there's no rules because it's permissionless so was good but it still can be good for some use case but everything then we had the airdrop eror which is hey I want to decentralize my community um because I'm worried about regulation I'm worried about people trying to shut me down so I want to decentralize and so I airdrop all of my users um which again great for

incentivizing usage great for well somewhat good for decentralizing um but in terms of drawbacks I mean you just have so many Bots and fake users and you just don't know what's real and what's not do you really have product Market fit or did they come to your app just because they wanted to airdrop which is a airdrop Farm which a lot of people are doing then obviously understandable you can't just keep airdropping tokens to someone so now you have sort of the fourth version which we're starting to see in newer apps apps like Blackbird have done this likely Also frch may do this sort of thing as well I'm not exactly sure because they hav we don't know but this is what Black's doing which is this idea of progressive ownership and so this is basically like a loyalty and Rewards program yet also

giving people ownership and Equity inside of your app or company and so the way that this works is there's sort of three stages to it first find product Market fit don't watch a damn token until you have product Market fit right get people to use your app it doesn't have to be millions or billions but get real people using it liking it enjoying it if you get that that's sort of the first step you're like okay now we're at a point where we might want to think about launching a token but the second step is will not laog you a token it's using so product Market fit but also getting revenues so making some money okay but then the next idea is once you have that you can start to share that revenue and use it to incentivize people to grow your app even further people

that like your app and that are using it will happily go and tell other people and ask other people to use it if you give them some sort of incentive we've been using this in web 2 for forever right affiliate programs it's basically that except in web 3 it becomes much easier if you like my app and you you know you share let's say we're talking sound which is where you can collect music or paragraph our newsletter for example if you connect your wallet and you share our newsletter on Twitter on lens on whatever and someone clicks on that link your wallet is ATT tied to that link and now any revenues that we make from that user automatically goes to your wallet you get a certain small percent it's a micro payment but if you do it enough and over time that could actually be worth something for you and

so but the idea here is that when you share this Revenue you're not doing it with your token you're doing it with eth or with usdc or whatever it is right you're actually giving them money and that's because people are doing this for income so if you give them your you know whatever black I think blackbird's token is called fly if you give them that they're just going to sell it because they shared this and they did all this because they want income it's not because they want governance necessarily most people maybe 5% less than that want governance and what Equity so most people are just going to share it which dilutes your token it's not a good thing drives the the share price down so what you do is you just you share Revenue as you make it and then the next thing you do is you can start to give

away tokens to people who opt into it a certain percent of your user base will want a say in the direction of your company because they use it a lot they love it maybe they're like for example we use paragraph for our newsletter our business relies on it we want to say in what paragraph is doing but all of our listeners who also use paragraph just to read our stuff they probably don't really care right so paragraph probably shouldn't give you tokens but can give you some money right but they're probably not going to give you tokens because you're just going to sell it whereas we might hold it because we want to vote and we know more about paragraphs we might want to actually hold the equity so what you do is as people reach certain levels of usability in your app then you start to allow them

to opt in and change that income over into Equity governance tokens and this idea is I think something that will put your tokens of your company in the right people's hands it'll allow you to decentralize it allow you to kind of incentivize but do it in a sustainable way uh and so I hope this is a there's a great article here that she wrote that all apps are going to read this and start to transition into this new idea because I think it makes a lot of sense yeah I think that this doesn't mean that the airdrop era is over right there is certainly going to continue to be apps that use the airdrop because it is such an incredible incentive driver right now and the problem is it's shortterm right

we don't even know if it builds a sustainable business bu we haven't even seen that yet right so there's a lot of risk in it so short-term gain long-term maybe not this is the first time we've seen somebody try to lay out a way to create long-term sustainability build a business for the long term build a community for the long term get the right people to have governance in their hands I think yeah genius the main thing I think here is it really leans into this idea of find product Market fit first and then incentivize users don't do it the other way around and that's it's tough to find product Market fit so a lot of I think a lot of Founders get

stuck in like okay well I'm having trouble finding product Market fits so I'm going to use incentives to seem like I found product Market fit which is blur is the classic example is blur even have product Market fit we don't know yet yeah very true all right let's start to wrap up Jay let's get into some quick hits okay first up Unis swap app on Android makes over 1 million in front-end fees yes so it's actually there's two things out of here one Unis swap has launched their app on Android previous to this it was only on Apple so that's a really big deal they're actually opening it up making it available to 430,000 Beta users so they're about to get a lot of users on there I mean assuming they can get that many and then they've also at the same time we talked about this a couple weeks

ago where they've now launched a a fee that unisoft will actually or unisoft Labs will actually earn Revenue from people who use their front end which means using their app and their frontend website and they've now made over a million dollars so it's quite interesting last month we did a pro report a value Pro report on Unis Swap and called out that they made zero dollars in the last you know three four years uh and now theyve made a million bucks in the last months that's pretty cool all right next up Jay stable coin that lifts people out of extreme poverty what is this yeah this is really cool so this is a stable coin called glow dollar and it is a charitable stable coin is what they're calling themselves so it's the same as

usdc it's a USD back stable coin so for every uh glow dollar that you buy they take a US dollar and put it into a holding fund now the difference is glow dollar takes the earnings from holding your US Dollars which right now with the rates that are out there we've talked a lot about how much money circle is making just by holding billions for over 40 billion in US Dollars they're making a ton of yield from that check out our our real world assets Pro report from two weeks ago if you have no idea what we're talking about basically they take your dollars they put it into money market funds they make what the interest

rates are 5% they give nothing to us so we just hold a dollar and they make a buttload of money it's a incredible business right now Circle just killing it so glow dollar said well why do these businesses need to make all this profit let's create a stable coin that aims to be charitable and so what they're doing is they're funneling all of the earnings from these Holdings to give directly which is a charit charity that focus on basic income programs so extreme poverty and lifting people out of extreme poverty so essentially you as a user of glow dollar all you don't have to do anything just by holding glow dollar

you are helping lift people out of extreme poverty to give you an idea of like the scale here basically for $20,000 held in glow dollars that will lift one person out of extreme poverty now glow dollar needs to reach two million a two million market cap before they start receiving enough earnings to push it towards the charity and right now they're at a 1.4 million market cap actually that was as of a month ago they're at a one point or two weeks go they're at a 1.4 million market cap so they might even be higher than that right now actually I haven't looked but that they are getting very close to that point and look I think this is incredible incredible use case an

incredible company that is aiming at solving one of the biggest problems in our world extreme poverty and using crypto and stable coins to do that what a fantastic idea I absolutely love it so smart okay next up sound curator rewards are now social yeah so this is super super cool so I just sort of talked about this actually of this sort of like how you can do kind of like an affiliate program or referral rewards through different platforms like paragraph uh sound also allows you to do this so if you share a song Someone clicks on that and collects it from your link then you get paid so curators who are setting a playlist people who just really like an artists and share it um they can make some some money from this now it's

available where if you you can directly share it into lens and um warcast and which are the web three social platforms that people can directly Mint or collect that nft right from the social app themselves so they don't have to like click in and do anything it just they can do it right within the the ux which is super super cool and if you did share that let's say you're I was going to call it tweet but post a lens or faras or goes viral a bunch of people start clicking and collecting you can actually make a decent money from that so they're they're creating these really cool social aspects to sound the other thing they just laed is the ability to comment on the song so you remember SoundCloud you can like comment at any point in the song and be like oh I love that riff

that you did there or that drop or like what were you thinking when you wrote that and what's cool is you can only comment if you've collected the nft so it's a bit of incentive to actually collect and now the artist can um comment back and it turns into a bit of a thread almost like you were talking on Facebook or on Twitter so they're making sound this kind of social experience which I think is super cool all right two more to go lacost gives a discount to nft Holders what's this Jay yeah this is just one of the simplest use cases for any consumer brand out there thinking about using nfts is lacost has a nft collection called un NW3 and anybody that holds a un NW3 nft now gets first access to a new

lacost physical wearable collection so they're dropping their new collection of like shirts and all their you know gear and they're saying hey if you're one of our nft holders which means you're probably one of our super fans you really care about us well you get first access and you get a discount and all of that can be done very simply on chain not something you can really you could do it in web too but it would be you wouldn't be able to guarantee that only your super fans get access you'd have to like email a link and then everybody could share that link so the web two way to do this not quite as possible but a really really great way if you're a consumer brand start to get nfts in the hands of your

holders and you can give them access give them discounts just by token gating super simple awesome use case last up Ryan Watts jumps from polygon to optimism yes so Ryan Watt is formerly at YouTube he was the head of gaming at at YouTube he a couple years ago moved into web 3 by going to polygon that was kind of like shook the world and well not the world the web 3 world we like whoa that's really cool a pretty high level guy coming into this space and and he left polygon a couple months ago and uh now he's decided to go over to optimism and he is the chief growth officer over at optimism which is was really cool it's great to see that he's back in the space op and well optimism is one of the technologies that we've been a big fan

of and supportive of when I did the Deep dive on l2s op and IMX which is the mutable token were the two that I was like okay these are probably these are my biggest fans and the ones that I'm going to continue to buy more of I think arbit and plug on are still great but those are the two like leaders I I think Ryan has obviously seen something big with optimism as well because he's made the shift over from polygon to optimism so congrats to Ryan and I'm super bullish optimism that's a wrap that's a show everybody I hope you are making a plan right now to invest in this market and if you don't know what your plan is and you need help formulating it or if you just want some extra confidence to feel like your plan is the right plan now is the time to take advantage of our

Black Friday sales 69% off you can get our web three investing master class that's a five hour course that'll give you everything you need to know to get started and then you'll get every week a onchain report directly to your inbox that's going to make sure that you know throughout the next year what you should be doing each week because it's going to be a volatile ride there's going to be ups there's going to be downs and we want to make sure you have the confidence so click the link in the show notes grab our black Friday bundle right now and yeah I can't I can't handle anybody missing out on this Guai I can't handle it everybody Jay keeps saying the next year this bull Market's going longer than a year my Pro Part coming out in two weeks is going to actually show you when the

bull Market's likely going to end so don't listen to Jay all right he's just spreading fun two years come on I'm just the the just the Black Friday deal gets you Pro for a year that then you're gonna have to you're gonna have to pay again for the next year because we're still GNA be the bull market as okay okay or if we're not in the bull market we tell you and that's why you got to go pro today you got to make sure you got the confidence you need to invest in this wacky in Wild space thanks for listening everybody have yourselves a great weekend thank you for listening to web through Academy your one trusted source to capitalize on the next big phase of the internet if you enjoyed this episode please share it and subscribe or follow so that you don't miss the next one while you're at it

there's a link in the description for our free newsletter where we provide timely and relevant web through ites so you can confidently build and invest in web 3 make sure to subscribe today one final note this podcast is for educational purposes only and nothing we say is financial advice crypto and web3 are risky and you should never invest more than you're willing to lose thank you friends and see you in the next one