SEC Impact on NFTs | Gamers Say No to Blockchain & Mr Beast promoted Creator League

Welcome back to another episode of NFT catcher podcast. We'd like to remind everybody that nothing on the show is meant as financial advice and to please do your own research. Thank you and enjoy the show. Now the subject is NFT. They're known as non-fungible tokens or NFT. These are exploding popularity. This is a technology that will ever change the way people interact. So it is happening whether you understand it and like it or not. You have now joined Jenny from the blockchain and Michael Keane on the NFT catcher podcast. What's up everyone and welcome back to another episode of the NFT catcher podcast with me. Jenny from the blockchain and my co-host Michael Keane. Today Sunday recap, we are starting out with the bang, right Michael? We got some honestly shocking news to me because I hadn't even heard of this and I don't know if you guys have heard of this either, but we're about to give you the scoop the low down. Yeah, I think this happened about a week ago and we haven't done a recap since then. So we haven't gotten to talk about it, but impact theory, Tom Bill, you a long time listeners will remember that we talked about this a good amount when it was minting and I'm minting a lot of them. I still hold a lot of them. We'll talk about that kind of old journey, but last week he came out that the SEC has charged impact theory, which is Tom Bill use NFT project with selling unregistered securities. They raised $30 million from their NFT sales in 2021 and they settled the lawsuit for $6.1 million without admitting wrongdoing. So the SEC, sometimes they like to just not go to trial, not even create legal precedent. They just like to settle with people that probably scares other people. What they're really claiming here is that Tom and impact theory promised financial gains, set all kinds of different things. And honestly, they did. I was in all those discord AMAs and Twitter spaces with Tom listening to him. He sold the heck out of it. I mean, he was already. Oh, yeah, I bought one, but I didn't even listen to like I didn't know what he was saying about it. I was just like, Oh, I remember this guy from my entrepreneur days. Yeah, I went, I went all in. I think I, I think I spent almost 10 teeth on the total. I think I bought like 30 of them. I'm I have 24 left. So he raised 30 million. They kept that money. And they've actually two times in the past offered refunds to anybody that wants them. And I actually took a refund on my three e legendary key, the one I bought the first one I bought. I took that refund a while ago. They're going to all for more refunds again. And I'm going to, I'm going to refund everything from the collection. I think it's going to be like another five ether. So you can refund for the amount that you paid to mint it that you paid to mint it. I think that you paid that if you bought on the secondary, it's probably mint price. But I forget how they do that. They said in the next couple of weeks, they're going to announce how the refund process works. The last one, you actually sent it to their wallet filled out a form with all the information. And then they sent to eat back a few days later. I mean, Tom was like, he literally was like, and it says right in year that they said, and I remember him saying that we're trying to build the next Disney. I'm going to blow your minds with the amount of value that I give. What was the word? He's you're going to be hemorrhaging with value. Like he was literally like really selling it. And I think how is that different from Gary Vee? Like doesn't usually start with you? It's really not. I mean, Gary has said all that stuff. And Gary's probably a little nervous. Those guys are good buddies. Tom got in the space because of Gary. My guess is somebody probably pissed somebody off. If you know what I mean? And like so the SEC was like then like someone at the SEC or somebody with some power. But like there's a like we've all heard those spaces. There's all kinds of like Gary Vee always promised value. I'm sure he doesn't anymore. Nobody does because everybody knows. But that was definitely it was a wild time back. This was mid 2021. And everything was blowing up. And this guy Tom bill you just sold his energy bar company or whatever it was for a billion dollars. But that's nutrition, right? Quest, I think you're right. Yep. Quest nutrition. And he's and he's like this. He's just he seemed like the next guy. It seemed like the next Gary Vee this project. I think that's what I even said. I'm getting V friends vibes from this project. And I went all in on it. I knew I remember knowing you're not really supposed to say that kind of stuff. But I don't care if it's gonna make money, you know, whatever. I'm not gonna bother me. I don't necessarily think he had for intentions. But literally when it dropped, we were just Andy pointed this out to us before Zach XB T did an expose. This was back in October 2021 when it dropped and really crushed Tom for the project and for what he was doing. So maybe it wasn't that obvious. But I think it's really great that now we're gonna be able to get a refund because not the not a lot of projects would be. Yeah, they could now now that kept their money like none of the project kept the money. All the projects the money ran out. You didn't need the money. And I remember him saying that I remember him saying I'm not gonna think of salary. I'm keeping this money in the company. I think he had the right. I maybe just want to make a lot of money. I'm sure he wanted to make a lot of money. That's that's for sure. But I think he had the right. I don't know. I don't think he was like just trying to scam everybody. But I mean, yeah, we we've talked about him multiple times in the public. And we said good things like we we you know, it is interesting how the SEC came at him. So, okay, I kind of missed what you said earlier about what happened. So they charged him with offering unregistered. And then what happened after that? Selling unregistered securities. So they charge him with selling unregistered securities. And they settled the lawsuit with the SEC for 6.1 million without admitting wrongdoing. So he had to pay 6.1 million. Yeah. In fact, they let it go. 6.1 million. And well, there's more to it because like what it said was he has to destroy all the NFTs. But I think they realized that's impossible. Right. That's impossible because people own them. Yeah. So I think the refunds. And then I think it being the platform from Open C and all of that. Yeah, I was just trying to look it up because you guys were talking about that. And I was like, wait, what? Like I knew nothing about this. I go to Open C. I mean, I have one. Like I said, and I go to mine that I click on the collection from there. Because I went out and I was trying to search it. I wasn't finding it. And there's no listings or anything like, I mean, the NFTs are there, but nothing's listed. Right. And yeah, that's that is so interesting. And Zach XBT, he just recently, August when he did like a side by side, how it started and he screenshotded his original calling him out. And then how it's going. And it's like the article on the SEC charging Tom. So man, that that's interesting. And yeah, I am so shocked that that hasn't happened to more projects. Because I feel like there's way more projects that deserves that over Tom's project. Like, yeah, I mean, he did raise a lot of money. 30 million dollars is more than most. There's only a few projects that have raised that much money. And he honestly, you know, like, like I said, I don't think it was malicious, but I, but he was absolutely, I don't know if the words promising, but like really letting you know that you're going to crush if you buy into this thing. And you know what's interesting is I don't ever remember going too much higher above me. Price. It really, it didn't really know that really. No. Yeah, I, I mean, I, I will say him saying the whole Disney thing, like I want to be the next Disney. I do remember him saying that back in the entrepreneur days before he even started a project. So that's like something that he's been like trying to do for a while. Right. So, but yeah, tying it all into the, the project. 31 million, I guess I didn't realize you're right. That is a lot of money. Not a lot of projects have raised that much. Most projects have raised, you know, one to two million, maybe. But 31 million, that is a crazy amount. And that's probably why the SEC went after him because that's that's like, yeah, definitely a lot. Yeah. I wonder how much Gary V raised from V. Uh, I think that was like seven. And then he was Gary V where he, where he was really in, uh, where he got lucky was the royalties because he was 10% royalty. And that was when every transaction was getting royalties and his value was crazy. Yeah. You know, oh, and speaking of royalties, I just noticed on, on OpenC now it has like, when you go to buy something, yeah, it says this listing is paying the collection creator. They're suggested creator earnings. And it says supports creator. So like no, it kind of has a little notification. Whereas before you did it, really know when you're buying something on the marketplace. If it had the royalties, you know, baked in, um, or not. And so that's at least that they kind of put it out. Yeah. That is good. World T's are going to be tough like is people are now used to not paying them. Yep. The traders. What's going to change with a lot of that is just probably going to be like, people are going to have the road marketplaces. You know, there's a lot of rumors that you gives making their own marketplace for all the you get assets. Oh, are there rumors? I haven't heard those rumors actually. Yep. There are rumors. There are rumors. So that's probably going to happen. And I think a couple others have done it. I got to look that up. And I'll, we could talk about like, uh, self marketplace is that the original was the punk's larva labs.com. Yeah. I mean, I mean, I mean, I mean, I mean, I mean, I mean, I mean, I mean, I mean, it's honey, it's honey. It was, they made their own marketplace. So you had stations on. That's right. Who else trailblazer. And she just came up with, she's coming up with something soon. I think she calls it like the Barbie over the blockchain. I got to look into that. But yeah, she made a video talking about something new that coming out with a cool. Yeah, we definitely got to check that out. Yeah. So Tom, Bill, you basically, the founders key is getting shut down. I was in their discord today because I was trying to figure out about the new, uh, how's the vibe? Like what, what's happening in there? Well, I was just reading the announcements. Let me go back there and the vibes probably not going to be the best. So it's a general chat. It's fun. And they're still doing an air drop for one of the projects on immutable X. It's, but like, I never even got into all that. It's like legendary holders. We have a surprise for you. Like, I don't even know what they're talking about. But there's still like doing things for the whole stuff, I guess. Yeah. Apparently, it's just right. People just talking. We're not really good or bad. There's decent amount of people here talking though. We're the most discords. And Tom was on Twitter space is talking about it. So he's definitely out and talking about it. Yeah. Well, that'd be interesting to get him on the plot. I actually, yeah, he's actually a different 3 p.m. Tom is doing a fireside chat with no submitted questions today. 3 p.m. But this is today is September 7th. That's going to be after that's going to be before this episode drops. Just adds up. Right. He's out there. He's out there doing stuff. He was August 28th. I see Tom will go live to answer questions about the SEC resolution on discord at one Twitter spaces 130. I listened to part of that. So that was 28. That's what it happened. That's when it went down. So it was like a week and a couple days ago. Okay. Yeah. I mean, he's he's still like the salmon confident and happy and you know, paid his 6.1 million and move it on. I guess they didn't admit any wrongdoing. Jav King's Rainmaker's football is back for its second season and it's bigger and better than ever before. 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Only a draft Kings dot com slash audio with code NFT catcher pod gambling problem called 100 game where age and eligibility restrictions apply. Rainmaker's contests not available in certain states. One starter pack for customer starter pack players are in eligible for sale. See times at driftkings dot com slash rain makers. Well, hey, I mean, that's great that he's so grinding like me. I mean, it's, it's honestly like the fact that he's willing to just give everybody's money back. That's pretty well. I do remember when he did that. I, yeah, I should try to get away from it. I only have one though. I'll let you know that's whatever. I mean, yeah, I'll let you know when it comes and you can decide. You have one of the relentless ones. Just a regular one. Yeah, yeah. I have two with a legendary. I have bill. Yeah. Two legendary two heroics and a 18 relentless Jesus. Wow. Yeah, but I'm going to collect my refunds. That'll be fun. Yeah, that's what should, what should I buy? Hey, money. Good. Did you see knock amigos? By the way, speaking of free money went up to like 0.45 yesterday. It's down to 0.4 now, but that was a month. I almost did. I need to sell a couple of my worst ones. Yes, because you bought them like what 0.24? Yeah, 0.25. Sell a couple. Yeah, I'm going to I joined the fantasy football league last night with Eath's. I should probably sell to get that eat back. Oh, really? Yeah, I joined the league. I joined the league. It's, I'm really excited about it because it's these and, you know, Belfort and there's three pints in there, including punk 5511 who I met in Miami last year, King Blackboard. So we drifted last night. We had a really fun time. Good draft. I think I have a good team. Nice. Didn't you get it first day for the league and eat? No, I had six pick out of 12 teams. Okay. My first pick was Christian McCaffrey. Nice. Not bad. It's a, it's a fun. I'm excited. I'm excited for the league. So that's my third league. I'm in a minute. Andy, you know, we talked about that before. Love fantasy football. Happy to join another one. And there's a bunch of prizes. So maybe I will win, but I'll keep everybody posted throughout the year. What's the prize pool? It was half an each to join to the prize pool. Sixth. Oh, wow. Yeah, so and then it's like first, second and third. First place gets three and so on. And then there's like another prize for the most points throughout the year. Thank you. I'm rooting for you. I hope you win. Thank you. Yeah, hopefully I at least make my money back. But otherwise, fun either way, make some friends. Right. That's cool. I liked that there's an NFT group. People doing fantasy football. Yeah. I know there's a few of them. There's a few of them out there. But I was happy to join one. Maybe they'll turn into an alpha chat group of news. How do you do it or what? How do you hear about it? These put out a tweet saying that they're looking for somebody. Oh, and I, and I messaged them and then they gave it to me. Oh, you're the first one. You're a crank. I get you. Yeah. I guess that take it experience. First, the first one we'll end up paying half a need. Yeah, true. No, it's cool. It's a good crowd. And it was fun. So I love fantasy football. I'm excited to get at it. That's great. Yeah. Um, what else going on? Did you hear about this creator league that was being pushed by Mr. Beast? I did not hear anything about that. That was coming down the pike. Oh, yes. So this company, eFuse, which is an esports ecosystem company, um, they launched something called the creator league with a bunch of other influencers. Mr. Beast is one of their main promoters. They were selling community passes for $20. It's on the near blockchain. And they got a grant from the near foundation. Uh, to make it happen. I don't know what the near blockchain is, but I will check it out and see what's up. So this was launching sounds cool. You know, to help creators and gamers come together and monetize whatever it is. And this person named C dog VA, complained that he didn't know this was blockchain technology. I guess he's a big gamer influencer creator. I don't know the person is. And that caused the chain reaction because obviously it's so horrible that this would be on the blockchain. That's horrible. The haters came out of full force. Yeah. It caused a chain reaction that they needed to postpone the creator league. And they had to lay off half of their stiff and they're issuing refunds to everybody. The ball one all because it's on the blockchain. Wow. Right now. But you know what that also shows the power of the power people have to like shut things down. You know, it comes together. It's like, it's a person of blessing. It can be used for good or it can be. I mean, and obviously in those people's minds, like, this is bad, right? Blockchain is bad. And I get that. And I can, you know, see how, okay, if they really are against it, they wouldn't, you know, they want to call it out. They don't want us to be like, oh, we didn't know it was blockchain. And you made us like buy an FTE and do all this stuff. Like I could see that. Yeah, I think that said it was people were mad. I didn't know this was an NFT. I was buying. Yeah. Let's go to that. And I choose our scam. We don't want to participate in the scams. I know. That's like is there have been lots of scams, but they're asked the tech. Like nobody complains about the technology, right? I don't think any of these people complain about the actual technology. I don't even know if they know what it is. Right. I mean, I will say the permanency does scare me personally. Even as someone that is in the, you know, blockchain tech, it's like the fact that something can be, you know, permanent and it's like, okay, the internet was built on a faulty foundation that things permanent, things to be wiped. It's also kind of, oh, sometimes that's kind of nice. I don't know. It is kind of. Sure. I'm thinking about things being permanent and yeah. And it's only going to become more and more of that. So right. You're right, especially when more and more things become permanent on the blockchain. Like pictures, like your personal pictures and your travel logs and things like that. Yeah, you're right. That's a, that's definitely, it's definitely permanent and nothing you can do. You put something out there. It's so yeah, I mean, they're, they're shutting it that they're, they're probably won't even get it going back. So I guess this company, like what everybody says now is, you know, we want the blockchain technology is great, but just don't tell people it's NFTs. Don't use the word NFT. Don't even mention the blockchain. Just do it and use the technology. And I think that's what they tried to do. Right. And then you, but yeah, it backseired. They were in chance parent. Yes. So I mean, it's a shame. Mr. Beast hasn't said anything. You have to be interesting to see what he has to say. He could have really onboard a lot of people that, that's right now. It was going to be one of the biggest onboarding experiences for NFTs. Right. But that have started the next bull rush. I don't know about all that. Yeah, maybe not. I mean, like who do has to have a bull run and a long side of NFTs for that to happen. So crypto is available on the NFTs are not going to have a bull run. When's the Bitcoin having? It's coming up next year. That's a good question. And you know what? Literally the last time I was thinking like, man, now is the time for me to, you know, stock up on Bitcoin and Ethereum. Like this, this is the time, like the bear market. This is the time. So as a reminder, to anybody else, if you've been wanting to acquire more Bitcoin and Ethereum, no better time than the bear market. Right. Jenny says that if you buy now, if you buy now, you will be so rich. It's not even funny. That's what I take from that. Yeah. That's I'm curious. The next heaven is expected to occur on April 20th, 2024. That's about six months. Okay. Yeah, April 20th, 2024. That's not in six months. Oh, oh, oh, oh, that's seven months. Okay. April. I'm a resident of accounts. So eight months. And then it says, this is, this is the first. I said, if you Googled next Bitcoin having, this is what it says at the top of Google. If history were to repeat itself, the next having would see Bitcoin rising to 35 K before they having and do 148 K after age. That's what it says. Wow. Bitcoin having some coin telegraphs as Bitcoin. The having can take Bitcoin price to 148 K by July, 2025. Take us to the moon. Honestly, I could see that. Like I do think Bitcoin's going to crack 100 K next cycle. And what's he's going to do? Crack 10 K. I think good. I'm cool with that. Good. Come on, eat. I know. But it was ironic. That's on for 20th, the Bitcoin having. I know. Yeah. So 2020 for that'll be a party. Yes. That'll be a party. The only thing that could probably throw rent. Well, there's five lots of things to throw a wrench in it, but the US government. I'm a little nervous about how they're going to handle crypto. They don't know what they're doing. They have no idea what they're doing. Yeah. And then we have the election. So that's going to be, so basically that's going to happen. The cryptos are going to start skyrocketing, leading up to the election, which is going to like people are like, like, we got to do something about this. People are making too much money. Right. Yeah. Well, and then they say, well, what the narrative will be like, they're sending money to Russia. We can't tell where they're sending money to their sending money to North Korea. You know, that's going to be the, the talking points from the government that they want to track the money. And me live was just trying to buy a car team JPEGs on pretty much exactly. No, I'm just right. Exactly. They just see the new ape that up here, Fangbot. Oh my gosh. Yes. I saw the new straight up blue no clothes. And then the sideboard guy, I've got pretty sick, pretty sick. Yeah, that was, yeah, that was a cool one. I, yeah, I was shocked to see that he, I was like, whoa, he won another eight. But that's, yeah, that is awesome. What is the price of, I'm actually, they're like 27 or 27 now. Oh, really? 27, 27.19. 27.019. Yeah, mutants are 5.18, only force 0.67. Pudges are 404. I'm just going through my favorite ones. Opeppin additions are 0.46. Doodles are 1.4. Nakamego's 0.4, little Pudges 0.29. Rekguy 0.52 V friends 169. Cool cats 0.56. Little lemon friends still 0.4. So they said, what was the date? Was it this, was it September 8th? You less, it's coming soon. It sounded like it's like a group of people that bought it. Yeah, it was saying what four people bought it. Oh, yeah, fire reveal on September 8th. Okay. So by the time this is out, yeah, everyone will know that we don't know. That's so weird, but fire reveal it. It's got, does that mean it has to be somebody that we know? Byer of you, either that or they're just really trying to hype it up, but it's, it seems like somebody that's known or, I mean, I guess it's four people, right? But it seems like the only thing is it's hard to keep a secret on things. I'll be really impressed with somebody. I think that the price, there'd be price action. I don't even know about rumors. I think it would be price action. Right. People would know, right. Enough, oh, because it only takes a couple of someone sweeps 100. You know, it's obvious. So it makes me a little bit hesitant, but I'm excited to see who it is. I'll be really impressed if it is somebody big and they kept it a secret. I'd be really impressed because that would mean they didn't even like tell their friends, you know, well, you know, I mean, some companies, they don't even tell all the employees, they just tell exactly exactly the founders are just them people that just the people that really need to know and not even everybody. So that could be the case. But yeah, you would imagine that if they told everybody, you know, that, I mean, I don't know how many people are on the little lemon friends team, but I mean, you would think that somebody would tell their friend, you'd be like, hey, I want to buy 11. Yeah, I'm selling these and good things like they, I don't know. They, yeah, that usually, I mean, they are selling 12 minutes, 14 minutes, 16 minutes, 16 minutes, 18 minutes, 31 minutes. People are buying it, they're real. They're selling. I mean, they're selling a couple dozen and a dozen hours. So that's solid. It's some volume, yeah. Yeah. I mean, the price is still low. Any cool ones on the floor? Is that I'd be dollar cost averaging if I bought one now. Yeah, I looked and we paid what point is I mean, the one that we bought on the top, I think we paid our six, yeah, yeah, yeah, yeah, yeah, little higher than it is. We were a little late to that party, but a little bit. We bought a little local top, yeah, a little tiny local top. You know, welcome. We were someone's excellent quantity. Right. I will see if we end. So tomorrow is the day. We're next time we'll go back on the show. We'll know. Yeah. Are you going to sell? If it goes to like 0.15, you're going to sell and just move on. Yeah, probably if it was the point, yeah. Right. Yeah, just take it and move on and list my name in advance. Not a bad idea. I don't know if I'm going to be active. Otherwise, what's going to happen real real? No, here's what'll happen. You'll list it for 0.15. Luca buys it and the floor goes to one of you. Oh, that I'm just kidding. I'm just kidding. No, I was going to say realistically, I forget to list it. And it goes up in price and then it goes all the way back down. I get right around. And then I was like, oh, shoot. Like, I forgot. Like that's going to be the realistic thing. And then get right it goes to zero. And then I'm just like, well, I guess I have a lemon friend. Oh, my gosh. But hey, who knows? What if they like do merchant stuff? I think maybe I should keep it. Hey, yeah, that's how I'm like, yeah, I'm trying to just see what happens. They're cool. Well, I hope it's somebody cool. I hope it's someone that can do something with it. Because like, I just, well, if you're acquiring something, then you have to do something. Yeah, if you're paying money for it, you got to do something. Right. You're not going to let it die. I have to buy it. Right. I mean, hopefully you know what? Just try it. Yeah. I mean, it's worked out for like only four sin pudgies. And I'm trying to think, you know, we always, I don't know. Two, I guess those are the success stories. Yeah, that's true. You don't hear about the ones that get bought out and then fail. They can't figure anything out, right? Yeah, they die times two. Yeah. So I know you're a big Justin Bieber fan, right? I remember from a previous episode, just say that I do actually like just one time. Yeah, yeah, I remember it. See, I remember there's a company called another block similar to other block. Obviously, but it's not. It's called another block. And they actually put this on sale this morning. Today again is September 7th. They sold shares to the Justin Bieber sold company. Do you know that's own? I, it's from the fourth album in 2015, obviously, sing it. I don't know the song. I didn't know what it would have been there. I was going to make something up, but yeah, you're not the biggest fan as I thought, but that's whatever. Yeah, I'm not, I mean, yeah, I'm not like a crazy fan. Yeah, right. So they sold 2000 NFTs for $28 or 0.017. They sold them all out in an hour and a half. You were not able to buy this if you're in the US. Both. And I think that's just because they are with this token, every token represents a, and listen to this number 0.0005% ownership of the music streaming rights. Wait, 0,0005. That's the three zeros after the decimal. It's one five 10,000. Yes. Wow. Okay, okay. But he, okay, see, make a couple dollars. So basically if you do that math, multiply that by 2000. They're given away 1% of the royalties and they raised $56,000 to do that. Interesting. Interesting. Yeah, I mean, Bieber doesn't need 15,000, but I guess somebody with the rights to that song was like, okay, let's try something. That's an interesting use case though. It's on OpenC. It's on the base chain. Anybody can go see it on OpenC. It's under Justin Bieber dash company. God would go to the another block site to get the correct link. If you're going to actually do anything, the floor price on there is, it was like 0.250 or $40. So it's not a little bit from the mint, not much. I mean, interesting. Another interesting use case, people have tried to do that royalty stuff before. Let's see how many people are streaming that song, but maybe I should buy one and then just like put it on repeat forever. If you think that they get math ads up on that, find out. Yeah, just keep playing it. Take people to play. Yeah, actually, you don't have to stream it at all. You have to stream it more than the time. I don't think that makes sense. Yeah. So that's that another another mint that's coming. This mint is actually seeming to be pretty popular and possibly pretty good sugar town. It's a Web 3 gaming project by Zingga. Familiar with that at all, find out. I only learned about it a couple of days ago. They announced their or is collection ORAS. It's 9,999 of them. They mint for free on September 13th. It's only available in the United States in Indonesia. Philippines, Thailand and Vietnam, which is interesting. I understand all that. So the other one you can't buy in the US. This one you can only buy in the US and we'll see how that goes. But it I saw people talking about it. It seems popular. So the 13th they have, they're having a guaranteed allow list and nonguaranteed allow list and then a public sale. And it's all free. So it'll probably be hard to get them. Oh, I see. It's free. Yeah, that'll be it'll sell out like that. Yep. So they basically they're they're a Web 3 gaming company. They empower players with on chain asset ownership and they allow hold like so holders of this NFT that they're buying the first one. Well, allow holders to access the platform and the ecosystem. She have to have one of the tokens to access it at first. Um, I'm going to look a little worried about it too much about it. But it seems like one of those ones that it's free. It might be super cheap early on and maybe it's maybe it's something they're putting out a lot of good promotional materials. Yeah, it says it. Yeah, sugar tires says it was created by Zingga, which is the leading developer of the world's most popular social games. What games are they? I don't even know. Maybe you should look at that. I was doing it. What are the world's most popular social games? Farmville. No way for Facebook. Oh, my God. I remember. Did you ever play Farmville on Facebook? I never played. I remember it. I remember it. Yeah, I, my, I didn't have a Facebook back then, but my brother did. And my sister and I would log into his account and take care of like his animals like in far away. I think we were like 12 or something. I don't know. But wow. He's like, I need you to be like fish every day. Like there's like a aquarium game or something. So that's, uh, that's that company. I guess that's going on the 13th as a reminder, if anyone's to try and get me. What else is going on? This I thought sounded really cool. Metamask has launched a cell feature. It's an off ramp that enables users to convert their eath to fiat currencies like usd right to their banks without needing centralized exchanges. So you don't need to go through Coinbase, apparently. That's clutch. That's really much off to look up how to do it. But, uh, yeah, that is really cool. Cause you spend a lot of money sending it to Coinbase and then from Coinbase, they take a nice percentage sent into your bank or whatever. And it takes time, you know, time to pay the steps. There's also like a 10 minute delay for when you send the money to when it shows up in Coinbase. That's the worst. Freaking out like, I know exactly. I always send like a dollar first. Yeah, I feel like a test in section. Yeah. Um, do you see what crypto dick butts did? No, I haven't heard about them in a hot minute. Yeah. I didn't hear about that or them until I did my research for this episode, but they put out an application process for community members to form groups of holders and apply to be handed over ownership of the collection. Um, this is the largest combined owner is expected to be handed over full control of the collection. Wow. So the, okay. So the person who holds the most weight largest. Like a group of people, they want people to form groups. So they want like a group of 10 people to come together holding a lot of crypto dick bucks to take on ownership. So because I know they came out with a version two. And then I don't know if they came out with a version three or not. Is this kind of like the end of crypto? That's like, I don't know. I went to their, their Twitter, their Twitter is weird. Cause I just read about this when I was doing my research. So I tried to do, try to dig in a little more and their, their Twitter is like, you were the art all along. Shoot a right click saved. Oh. Group. Get a right fear. Be afraid. Let's form group. Shoot the baby on July 31st. We didn't shoot the baby. What? What? What the heck? That's weird. So you have any? Are you going to have never had never had a good dick. But I had one. I think I minted a version two when it first came out and immediately. That was one of those things where I immediately had regret. And I was like, oh my god. Yeah, I was like, does he need watching forever? Like, people are going to know I minted this. Like, I don't know. I was like really embarrassed about it. And then, but then it became really popular. But yeah, it became really popular and I sold it. Like, I mean, the floor is still almost an even for the original. Yeah, yeah, there was a female version of the crypto dick butts too. Oh, no, I don't even know if I should see what it was and trying to find it. Yeah, I remember. I can imagine. Yeah, oh my god, I found it. I'm going to link you real quick. Oh, great. Yeah, a lot of OG NFT collectors. Yes, I got into that. I think into that. I feel like that's why they have such a strong community. Cause it was like, look at those things. Oh my gosh. We, I remember hearing about that when it came out. Yeah, I was, the floor is 0.03. Oh my gosh. They look hilarious. That's why that is wild. Do you want to say what the name is? Isn't he? Crypto tick vages for everybody. Oh my god. Yeah. Don't you remember when the weirdest things were just so popular, like, yeah, they're so, you're like, remember like the, the, the cryptos that got gigantic. Yeah, that was like that same. Like the crypto dick butts in the cryptos. I kind of lumped together a little bit in that pixel art. Pixel art, the pixel art that just like kind of just got me and went viral with the right people. Yeah, this was created January 2022. That was like January 2022 was the E of the ball. If you remember. Eek. Honestly, it's all blur. That was that was I don't remember it really. Yeah, I remember pretty well. I remember January, because that's when we dropped the Sheet and Sean project was January 2022. Oh, we could have literally, at that point, you could have literally dropped like anything. Yeah, really, yeah. We were always talking about, I mean, you were always bringing up like, oh, we're here to next week. We brought up sugar town. I was like getting this style. I was like, oh my gosh. I remember when Michael used to just bring up like mints that were happening. Mints all the time. I know. Yeah, you're like, oh, I don't know. Not finished the last, but this one's going up. I think I'm going to make that. Yeah. Well, so that one, that was that was that was quite the time. I'm having a good time reminiscing looking at these. I like this collection. I like this, uh, the, you know, by one, the CTVs, the CTVs. No, I'm not. Maybe we should have acquired the collection. Oh, no, are they CCL? Yeah. That's a good question. I don't, I turn it up there. I wonder. I think Grampolin stuff is right. Didn't he do all CCL? Yeah, yeah, he did. What else do we have on the list? Oh, two more things. One thing that I forgot to put on the list, uh, the airline Lufthansa. I think they're German. They are doing their reward program on the book auction. Yeah, I didn't do, I read about it, but I didn't, uh, gets you do particular research into it. But if anybody's in Europe and flies Lufthansa or anything like that, um, I really do think that reward programs are one of the best use cases for NFTs. Yeah, because you don't necessarily have to sell anything to anybody, but you're, you're utilizing all the advantages of the blockchain technology. You know, and it was that and you can transfer ownership. You can get, right. That's the thing with NFTs. Like it doesn't mean you have to raise $50 million, $1 million. It doesn't mean you have to sell anything. Yeah, it doesn't write 30 million. Tom, that's exactly the top. Is that's original post in 2021? And Tom responded to it and said, I understand why people would be skeptical of me. If you ever want to chat, I'm here. And Zach's response was, you don't need 30 million to do this. Oh, wow. I know. Yep. Yeah. Yeah, what number for Zach XVT? Like what number is the number where he's going to drop? Yeah, where he's like, OK, $2 million, that's fine. Like, you know, because he's like, well, you don't need 30 million. Well, then how much fine in his eyes, right? I also think like, I mean, yeah, call projects out. But it's like, OK, so many could launch something. But it's the people buying that are like, how come nobody ever blames the buyers? Like, they're the ones buying and supporting, you know, and I'm not talking about just for impact theory. But just in general, like, scams and stuff, it's like, how about the buyers? You know, everyone always blames the people coming out with the projects and stuff. But if nobody buy, then in everybody just ignored, then you would go away. But because people decide to support and buy and, you know, do it because they greedy and they want to try to make money, like, that's the real problem. Well, you're saying reminds me of those situations a couple of months ago where everybody was just sending random eith to like eith addresses of people doing like queen, whatever's like, yeah, and all people do was tweet out their, their water dress and then I know. I know. But actually, people did get mad at people for sending. I do remember, yeah, they did get mad at people like, why would you send to this person? Right. Oh, yeah, absolutely. Like I have, I honestly have no ill wills zero toward time bill you. Yeah, that's it. It's if, if I buy into something, it's my, even if it's a scam, like, unless they're like, really disingenuous and making it seem like it's one thing and then just like walking away, like, it's up to me. There's usually what I would write and there were signs. It's up to me to figure out what I want to spend my money. Hey, you know, like, that's, that's how I look at it. And if somebody gets me, they get me like, it's, I know their scheme is out there. You know, it's up to me, yeah, yeah, yeah, exactly. One other thing that we should talk about this week, he's been doing so much stuff. And I brought him up to you and Andy. And you guys weren't super familiar. So it's actually really good to have the conversation, Rafique and Adol, uh, Turkish American. He's a new media artist and designer is how it's described. So you weren't too familiar. I came across him for the first time, uh, art basil two years ago. There was a, there was a display on the beach, uh, of his artwork. And it's, he does a lot of like, I don't know how to describe it. It's like AI motion video where it's like all the, it's like crazy things melding together and I don't even know if I can, I, that's a horrible way to describe it. But if you, you can look up his art and check it out, but he's doing all kinds of cramming. He's at the forefront with NFTs with AI. He was just on CNN, um, the one, all kinds of awards. He has an NFT project called machine hallucination that came out in November 2022. And, uh, he sold IP rights for eight of the video artworks from that series for five million dollars at a Sotheby's Hong Kong auction, which was a record in Asia for an NFT collection by a single artist. So he's like, he's, he's really, he's won tons of awards, really smart. Dude, um, actually would be a bucket list guest. I'm going to send him a message. We were talking about that before the show. Somebody really cool to look up and to know he's somebody I think like I said before the show, if he did a drop in NFTs right now, like an open edition or anything like that, he could probably raise more money than probably just about anybody. Wow. Yeah, yeah, you did say that right before the show too. I think that's true. I think if he did an open edition, like, what was deep, not decay motion? Who was the one that did the real big one recently? Decay motion did the one on base chain, but I'm trying to remember who did, uh, but I think Rafique would, would crush, would crush that if he did something like that. Wait. And Rafique's Twitter by the way, if anyone wants to look up R E S I K A N A D O L. So yeah, yeah, definitely someone to, someone to watch. I mean, it's why most people are going to be like, uh, of course we know Rafique, but not everyone else who want to know what depends on not, while most people, we talk about the general public, like listeners, like listeners. Most of, uh, probably half, let us know. Let us know listeners. Do you know what he is before the session? I think the answers are going to be yes because I don't know. I feel like I can be wrong. I can be. You want to do a crypto slam top 10? Let's do it. Let's do it. Crypto slam top 10 over the last seven days by collection. Number one, the market on the mythos chain that that's number one. That's number one. They've done by far, they've done eight and a half million in sales. And the last week, they are a market for gaming assets. I mean, that's got to tell you something, not everybody, not all the gamers hate them. Apparently, yeah, maybe they don't know that they're buying an empty half a million transactions. So Ethereum still does 44 million. Mythos does more than polygon now at 8.5 million. And mythos is the second active NFT blockchain. Uh, board apes is number two. Oh, this is perfect. Number three is today's sponsor draft King's rain makers. Hey, let's get out that. Yes. So everybody listening, check this out. You they're giving away free packs, but they're giving away free packs also to our listeners. If you go to draft kings.com slash audio and the link is going to be in our show notes. You go there. You put the promo code NFT catcher, right? It's just an NFT catcher pod NFT catcher pod. Thank you. And you will get a free pack of NFTs. Basically, they are, it's on the polygon network. They're going to be football cards. Like I think it's four or five players and you can literally sell them on the marketplace. Most likely with the free pack, you're not going to get rich. You get a little something, um, and it also helps the podcast out because they will see that people go there and use our promo code and claim it. Um, we're very happy to have them. We had Matt Kalish on the pod. I played rain makers last year. It's a lot of fun. Anybody that is listening, feel free to go there. And claim your free pack and put our code in, um, it's free. It helps the pod and maybe you'll get lucky and hit Jalen Hertz, the greatest player in NFL. Oh, Jalen Hertz is out the new greatest. He said, well, he's the quarterback of the Eagles. Oh, okay. Okay. So maybe I would love to say as if he didn't miss two games last year, he would have been the MVP. The league and we were inches away from winning the Super Bowl. I just rinsed my heart. Anyone I shouldn't talk about that. This is the year the NFL starts tonight. Actually, first game is tonight. Oh, let's go. Who's playing the chiefs and the lions? Okay. So the actual greatest player in the NFL, do you know Patrick Mums? Yeah. Yeah, he's the face of NFL day actually. Oh, yeah, and he's, he, and he's still young. But from what we've seen so far here, he has two Super Bowl champion chips. He's literally one of the best quarterbacks that we've ever seen. Also combined. He's got an amazing head coach. So it's like really good combo. That team's pretty amazing. Yeah. Yeah, I, I only know about him because NFL day and project on slow. By the way, so if anyone's like, wait, what? What's NFL? It's, it's the top shot for NFL. Exactly. Exactly. Yeah. I got to go back and they're still selling them, right? They're still doing new ones this year for this year. Yeah. So I mean, I know they were doing, oh, maybe she tripped homes and F.T. project. Oh, Pat Mums. I did read, you know, I forgot about that museum of my homes. What's he doing? Oh, he's got his own. Andy just sent us a link to some things that were like, oh, what's this? Yeah, I, I don't know. I guess he came out with, I mean, I don't remember even seeing this. Sold for 38 K and 30 K. Oh, damn. Whoa. And the last one, number one's magic, 135 E 246. Wow. Quarter million. What do you get for that? Why? Yeah, right? Like, is it? Actually, I bet it else that's it in here. But oh, these are, oh, and then they had some, oh, okay. This is cool. And then underneath that, you see, they had open limited editions. They were only open for 15 minutes. And whoever buys the most editions receive a signed jersey from Patrick Mums. Oh my gosh. If you read, if you read the comments, I guess there's comments on, on makers' place, I didn't know that. The people are like, this is like, he forgot about us. Like they're like a man. I guess he only mentioned it like once, like when he was selling them. And then he never like talked about it again. And we're saying all this has forgotten project. Do we need everyone's help to like revive it? It's up to us to spread the word. Well, I don't know if they're, it doesn't even edition of one. It doesn't even say you're getting anything. It's just, I know. Yeah, that's, I hope he's hit, I hope whoever bought that got something. Yeah, or could it just been like one of his friends like, hey, buy that to make me look good. Oh, I see. You know, a lot of that happened way more than we even think during the bull run. You know, when he was this too, was this from two years ago? Is that what, uh, yeah, yeah. 2021. Oh, okay. Oh, this was, oh, this was between. So this is all that you got you. The last sale on one of these was 515 days ago. Oh, that's, yeah, two years, almost two years. Funny. The lowest asking price is 161,000. The highest offer is 653. That's a good. Andy said it's Andy said it was physical. Yeah. A pair of those physicals. So people, you, a star can barely mention the word NFT. Like, they can't tweet about it. It'll get, I mean, unless he doesn't care. Whole days, you like this. I mean, for the last, for the last. Well, yeah, like you, I mean, even for the last long time, the, the, the hate comments under any tweet about so weird. Well, I don't know. This, I don't know about around Twitter. I think on other platforms, yeah, that could be. Yeah, it's different. Twitter is a little more NFT heavy. That's true. Um, okay. So what, wait, how did we get to that? Oh, yeah, because we were, whoa. Let me go back to, uh, crypto slam, crypto slam, draft kings, Patrick Mahomes. Okay. Taylor hurts. That's how we got to that's number number four. God's unchanged. Well, yeah, four million, uh, number five's immune, number six is so rare. Number seven is play NFT on BNB, which came up last week. And, uh, we never looked. Um, I got, I need to look what that is. Art blocks, number eight, crypto punks, number nine, shout out to star, Lordy and Elitra, only forces number 10. Let's go. Yeah, only forces still crushing it every day. They're in the top 10 of, of blur volume. Like, pretty wild. They're always up there. You're not top 10 today. Where are they? Only fours. Yeah, number seven. I mean, only four is above pudgy, penguins and volume. Wow. I know. The crusher. Yeah, like really. And for what's the floor price like point seven, point six, seven. Yep. Okay. Yeah, lower for price. So it's a lot more volume. Yeah. Um, there's 30, 700 earners. The supply of only force is only seven, seven, seven, five. So that helps a little bit that it's a little lower. And all three of us are holders. Yep. Yeah, we had star, Lordy and Elitra on and gave us a, only force. He said, you have to hold this for one year. When was that? Yeah. I mean, months ago. I'm going fast. You don't think I'm going to spit. Yeah, you're like, has it been a year yet? Is that a year? Oh, I thought it was a year. I'm so sorry. I thought I really thought it was a year. Could have sworn that was a year ago. I'm just kidding. I'm not going to, I'm not like wait to sell it in a year. Yeah, that was a very nice gift. And I'm excited to be alone for the journey. Yeah, for sure. Okay. Cool. Well, yeah, I think that's all we have for this week. Thank you all for tuning into this episode of the NFT catcher podcast. And we'll catch you in the next one. Peace. Thank you for tuning in to the NFT catcher podcast. We hope you enjoyed today's episode and learned something new about the exciting world of NFTs. If you enjoyed today's episode, please take a moment to subscribe to our podcast on Apple Spotify for wherever you listen to your podcasts. And if you really love what you're hearing, please leave us a rating and review on your favorite platform. If you want to stay up to date with the latest news and insights from the NFT space, be sure to follow us on all the socials at NFT catcher pop. You can follow Jennifer at Jennifer underscore studio and Michael at NF ticket. I'm your producer Andy and I'm at AJC 254. Our theme songs by it's just loose. We always appreciate your feedback and support, which helps us reach more people and bring you informative and engaging content about NFTs. We look forward to bring you more great NFT content in future episodes. Thanks for listening. Peace.