[ { "i": 0, "speaker": "Speaker 1", "text": "Hey guys, let's jump into a little bit about what's going on in the Salana ecosystem. There is a lot happening that could center around RWA and gaming. So, you don't want to miss this one. Stay" }, { "i": 1, "speaker": "Speaker 1", "text": "tuned. You've probably heard me mention Uphold before, and there's a reason I keep talking about them. Uphold makes it incredibly easy to bridge the gap between your portfolio and the real" }, { "i": 2, "speaker": "Speaker 1", "text": "world. This has not been done before." }, { "i": 3, "speaker": "Speaker 1", "text": "Their Uphold debit card is the best example of that. It lets you spend your crypto or your cash anywhere Visa is accepted, all while earning 4% back in XRP on every purchase. It's the easiest" }, { "i": 4, "speaker": "Speaker 1", "text": "way to stack rewards on your daily spending. Download the Uphold app for more and get started. We're going to have Yatsu. He's going to be coming on here in a second from Animoka Brands." }, { "i": 5, "speaker": "Speaker 1", "text": "One thing that we've noticed and started to really track closely is something that is happening in the Pokemon uh ecosystem. If you look at their performance in comparison to the S&P" }, { "i": 6, "speaker": "Speaker 1", "text": "500, S&P 500, obviously we know what Bitcoin has done uh just as in terms of performance since January 1st, down 33." }, { "i": 7, "speaker": "Speaker 1", "text": "This is astounding for me to see these kind of numbers and and very interesting, but I think there's some reasons why. One of the things that I'll showcase here on this tweet right here," }, { "i": 8, "speaker": "Speaker 1", "text": "Salana's Dex volume surpassed 15 billion last week. That's the highest level in 13 weeks as we continue to see more aggressive natures around that. And then when you when you go over to what's" }, { "i": 9, "speaker": "Speaker 1", "text": "going on over on Defi Llama, this is where it gets kind of interesting because the fact that we are starting to see Salana getting very close, well actually dominating. You kind of see" }, { "i": 10, "speaker": "Speaker 1", "text": "right there with Collector Crypt, uh, Jupiter, etc. Uh, that is starting to dominate where these RDBAs are heading." }, { "i": 11, "speaker": "Speaker 1", "text": "This ecosystem is maybe just getting started. the kind of growth that we have seen. This is just an example of uh collector growth in just a very short period of time continuing to uh" }, { "i": 12, "speaker": "Speaker 1", "text": "accelerate and you'll notice collector cryp right there starting to move very aggressively uh and competing with courtyard. So is that a question mark right now? Are we going to potentially" }, { "i": 13, "speaker": "Speaker 1", "text": "see uh that flip courtyard? Because when you look at some of the trends out there right now, this is just Pokemon trends, okay? compared to Bitcoin. This goes all back all the way back to Pokemon Go. You" }, { "i": 14, "speaker": "Speaker 1", "text": "can kind of see it, guys. This is um this is dominance. I mean, this is 11 to one in terms of average interest or 11 to two uh uh average interest. And it's intriguing to me to see all the new" }, { "i": 15, "speaker": "Speaker 1", "text": "products and potential launches that are occurring within the Salana ecosystem." }, { "i": 16, "speaker": "Speaker 1", "text": "So, today I wanted to bring in Yatsu coming in from Y from Animoka Brands." }, { "i": 17, "speaker": "Speaker 2", "text": "He's been on the show many times. How are you Yat? Great to see you and always a pleasure to be on the show." }, { "i": 18, "speaker": "Speaker 1", "text": ">> Yeah. So, we've got a lot happening here. Yatsu, would would Salana be a good token right now, especially with this dip that we're seeing in terms of grabbing something?" }, { "i": 19, "speaker": "Speaker 2", "text": ">> Yeah. So, first of all, generally, I think my general view on L1 and L2s, and you know, our thesis around altcoins, broadly speaking, uh that we do think that altcoins are going to ultimately" }, { "i": 20, "speaker": "Speaker 2", "text": "outperform Bitcoin as a collective." }, { "i": 21, "speaker": "Speaker 2", "text": ">> And I think we're seeing some inklings of that. You know, obviously that's not to say every token will do well, but you know, you'll you'll see that. And of course, infrastructure plays such as the" }, { "i": 22, "speaker": "Speaker 2", "text": "Solanas or the Ethereums out there will be uh basically also tokens that should do well because they are the base infrastructure, but the size and scaling that's needed to capture the sort of" }, { "i": 23, "speaker": "Speaker 2", "text": "value that translates down is part of the issue, right? Uh meaning that, you know, our mental model on L1 and L2s is a little bit like Telos and ISPs, right?" }, { "i": 24, "speaker": "Speaker 2", "text": "So AT&T is a very valuable company, don't get me wrong, but it's not as valuable as Google or Facebook or Microsoft or Apple, right? Um, so but but because we're so early in this phase, you know, I would definitely sort" }, { "i": 25, "speaker": "Speaker 2", "text": "of, you know, put Solana as one of the sort of, you know, musthaves in the bucket together with many other L1 L2s that I think are going to be structurally important for essentially" }, { "i": 26, "speaker": "Speaker 2", "text": "the development of blockchain. If you believe as we do that blockchain is going to be, you know, one of the the most important sort of basically sort of technologies out there, especially in" }, { "i": 27, "speaker": "Speaker 1", "text": "light of what's happening with AI and the >> Gent. Yeah. Well, we're going to get into some of that today. Uh, one note here was Lily Lou, who is the president of the Salana Foundation. She made a" }, { "i": 28, "speaker": "Speaker 1", "text": "statement not too long ago, this was back in March of this year, and said simply that blockchain gaming isn't coming back. So if you think that was she wrong, you know, because we think" }, { "i": 29, "speaker": "Speaker 1", "text": "that if you consider Pokemon, which I still believe is the biggest game on the planet, that in itself I think has already kind of proven that position wrong." }, { "i": 30, "speaker": "Speaker 2", "text": ">> So remember Salana's mission in terms of basically thinking of it in terms of you know internet capital markets right and basically being the center of that which they're doing a great job by the way in" }, { "i": 31, "speaker": "Speaker 2", "text": "in that in that construct. you know, she I would say she probably felt that gaming was sort of too far away from finance and it wasn't really part of the mission and part of what blockchain" }, { "i": 32, "speaker": "Speaker 2", "text": "does, which is where I think we have a sort of a point of disagreement there." }, { "i": 33, "speaker": "Speaker 2", "text": "Gaming is not coming back in the way that it was in 21." }, { "i": 34, "speaker": "Speaker 2", "text": ">> Okay." }, { "i": 35, "speaker": "Speaker 2", "text": ">> 22 blockchain. That's how I interpret it. It's a little bit like saying gaming is to me it's a little bit like saying gaming is not coming back uh because we're not buying you know sort of" }, { "i": 36, "speaker": "Speaker 2", "text": "cartridges like consoles, right? because that was a business model at that time." }, { "i": 37, "speaker": "Speaker 2", "text": "But then we gain invented into freeto play, we had mobile gaming, we had subscription models, right? All these things kind of innovate. And the other thing is, you know, this idea that sort" }, { "i": 38, "speaker": "Speaker 2", "text": "of finance doesn't touch gaming is actually I think that's probably the weakest point of the argument because gaming is already a 300 I mean it's a 300 plus billion dollar industry. It is" }, { "i": 39, "speaker": "Speaker 2", "text": "bigger than movies and music combined." }, { "i": 40, "speaker": "Speaker 2", "text": "But then the other part of gaming of course which is the area of gambling production markets I mean they are called gaming for a reason right and so they are basically games with money that" }, { "i": 41, "speaker": "Speaker 2", "text": "are categorized in a certain area I would argue that Solana's ecosystem was really sort of growing in a large part because of memecoins >> in the beginning and memecoins are very much a game right it is it is gaming in" }, { "i": 42, "speaker": "Speaker 2", "text": "that context right so so to me gamification and broadly speaking games is actually what um our industry has been built upon you and and so I think it's a it's a bit unfair to dismiss it" }, { "i": 43, "speaker": "Speaker 1", "text": "outright." }, { "i": 44, "speaker": "Speaker 1", "text": ">> Solana has really started to kind of understand that. I want to play a clip that goes in and the reason this is about uh in reference to Salana Rosendica and the reason this is important is because it correlates" }, { "i": 45, "speaker": "Speaker 1", "text": "what's going on in the Pokemon ecosystem to maybe how gaming is going to be redefined. I think this is interesting." }, { "i": 46, "speaker": "Speaker 3", "text": "Take a look at this clip." }, { "i": 47, "speaker": "Speaker 3", "text": ">> They're just sitting in my wallets and one day I was like, \"Wait a second. I could just fix all of this just by one app enabling the cards on chain that's doing nothing right now. This is the" }, { "i": 48, "speaker": "Speaker 3", "text": "main main lobby. Every trading cards has a hidden power in them and in one arena you summon those. You awaken the power and then if they win for you, you win a pack. Basically that creates a a synergy" }, { "i": 49, "speaker": "Speaker 3", "text": "and a fun of building a deck. you will get a a sigil randomly assigned to you which like with rarities which is adding another layer for each gacha. We can do a lot of things with this cars on chain" }, { "i": 50, "speaker": "Speaker 3", "text": "and then there's so much potential for it. It's like Ethereum before DeFi." }, { "i": 51, "speaker": "Speaker 3", "text": ">> I'm excited man." }, { "i": 52, "speaker": "Speaker 3", "text": ">> Is that plus? I swear like this is not rigged." }, { "i": 53, "speaker": "Speaker 1", "text": ">> Hold on, bro. I'm about to go load up my wallet and >> I swear to God we didn't rip this. Do you think Pokemon the company is going to take note of what's happening right now?" }, { "i": 54, "speaker": "Speaker 2", "text": ">> If you look at the historical way that they've dealt with, you know, secondary trading of cards and then they're they're cognizant of it, >> but they're definitely not sort of embracing it openly, making a statement" }, { "i": 55, "speaker": "Speaker 2", "text": "around it, which by the way, I think is a very Japanese way and very Japanese style of sort of approaching things. I mean, just think about how long it took for Nintendo to finally open up and say," }, { "i": 56, "speaker": "Speaker 2", "text": "exactly, you know, maybe we should be looking at mobile games, right? They were like they were like the last bastion to actually do that. But also, you know, why fix something that isn't" }, { "i": 57, "speaker": "Speaker 2", "text": "broken, right? That's the other thing." }, { "i": 58, "speaker": "Speaker 2", "text": "Pokemon just really sort of just sort of became sort of a a cultural meme, if you will. The financification of it in terms of people trading it and doing other things with it and now RWing it is all" }, { "i": 59, "speaker": "Speaker 2", "text": "part of that let's call it lesser fair attitude that they've had around the IP to let people sort of innovate on top, right? which I think has helped it and served it and that's also why I think" }, { "i": 60, "speaker": "Speaker 2", "text": "there is such a amazing sort of let's call it secondary trading market which of course blockchain has really sort of you know >> amplified. Yeah, it has definitely done it. If you look at just what's going on" }, { "i": 61, "speaker": "Speaker 1", "text": "on Jupiter, I think this is interesting because being able to borrow against, you know, Pokemon now. What do you think this would unlock?" }, { "i": 62, "speaker": "Speaker 2", "text": ">> Like that our children learn about money because of Pokemon cards. They don't learn it in school as an example. And from that then they understand things like, oh wait, okay, I can borrow this" }, { "i": 63, "speaker": "Speaker 2", "text": "or I can lend trade. I can do these things. So to me, it's actually a really really sort of critical financial literacy gateway. you know, like we saw what Pokemon Go also did in terms of a" }, { "i": 64, "speaker": "Speaker 2", "text": "movement as well when when when that came out. And by the way, that sort of, you know, gaming environment was unique to Pokemon Go. Many other companies tried to, you know, with big brands like" }, { "i": 65, "speaker": "Speaker 2", "text": "Harry Potter tried to emulate that and were unable to basically capture anything close to that sort of same phenomenon. So, it has a very particular thing and let's call it our cultural and" }, { "i": 66, "speaker": "Speaker 1", "text": "our sort of social side that other places and other other brands don't have the ability to capture. This changes a lot because you're connecting. You could connect your, you know, Salana wallet," }, { "i": 67, "speaker": "Speaker 1", "text": "you know, whether it's Phantom or whatever. You can buy via USDC. Even if you roll a card, you can immediately sell it back in. I mean, there's a lot of instant liquidity in that marketplace. I want to play a clip for" }, { "i": 68, "speaker": "Speaker 1", "text": "you. This is the in reference to the Jupiter offer book that plays into this." }, { "i": 69, "speaker": "Speaker 4", "text": "Tell me what you think. Here we go." }, { "i": 70, "speaker": "Speaker 4", "text": ">> The first ever time that a Pokemon card was used as collateral for a loan." }, { "i": 71, "speaker": "Speaker 4", "text": ">> That's right. So, some fun things coming in and then maybe a few things aren't even on this slide. Uh, but that is a little bit of alpha for those that want to loop up some RWAs. I no joke think" }, { "i": 72, "speaker": "Speaker 4", "text": "that the clankers, the AI agents are going to have a field day with OfferBook. Uh, and so there's a lot of like yield to be made. I mean, we just saw it just in the first week, the" }, { "i": 73, "speaker": "Speaker 4", "text": "average APY is 18%. And the resident CPA uh in the audience, Mr. Will Mcfletcher said, apparently tax advantages too." }, { "i": 74, "speaker": "Speaker 1", "text": "Indeed. Yeah, >> true. Depending in the country you are." }, { "i": 75, "speaker": "Speaker 1", "text": "Yeah, exactly." }, { "i": 76, "speaker": "Speaker 1", "text": ">> I would like to see the tax advantages on that. What is that? Delayed somehow delayed capital gains or something. I don't know." }, { "i": 77, "speaker": "Speaker 2", "text": ">> Well, I mean, I think I think the reality is that if you're basically doing lending and collateral, basically Exactly. Right. So, you're not you're not basically you're not realizing" }, { "i": 78, "speaker": "Speaker 2", "text": "you're doing, so to speak. Right." }, { "i": 79, "speaker": "Speaker 2", "text": ">> Exactly. And so, so depending on which country and place you're in, but you know, first of all, I think it's it's it's incredible and it kind of just demonstrates the kind of cool things" }, { "i": 80, "speaker": "Speaker 2", "text": "that blockchain enables, >> right? Because first of all, there's a whole wave of people out there who probably have no idea that their Pokemon cards could even be used for collateral." }, { "i": 81, "speaker": "Speaker 2", "text": "So, if you didn't even actually want to sell, you could actually just sort of, you know, um, sort of, you know, basically borrow borrow against it. It unlocks basically other things. The" }, { "i": 82, "speaker": "Speaker 2", "text": "other thing, of course, is that if I borrow something against my Pokemon, the chances are that I probably will use it to buy more Pokemon cards because it reinforces this idea." }, { "i": 83, "speaker": "Speaker 2", "text": ">> Sure. There's value attached to that, right? So, that that's that's been really really um powerful. Um but I think the ultimate thing you know and and then you know Solana has just been" }, { "i": 84, "speaker": "Speaker 2", "text": "really really good from a community standpoint around having these sort of shared shared networks where you know on the financial side where people go oh um wait hold on if I do this and I innovate" }, { "i": 85, "speaker": "Speaker 2", "text": "this and I build this and remember the people who are building this don't all come from TRFI in fact many of them don't right they they come from gaming or from entertainment or from coding or" }, { "i": 86, "speaker": "Speaker 2", "text": "something else and they go like wait a second I can build something cool without having these constraints around what is and isn't possible because if you probably go to a tradey guy. It's" }, { "i": 87, "speaker": "Speaker 2", "text": "like it's a waste of time. Don't even bother doing this. You know, why even do it? And here they go. They're just having fun, right? And then and the next thing you know, it opens it up and of" }, { "i": 88, "speaker": "Speaker 2", "text": "course begs the next question, which is that hold a second. Could I do this with my art? Could I do it with my cars?" }, { "i": 89, "speaker": "Speaker 2", "text": "Could I do it with something else?" }, { "i": 90, "speaker": "Speaker 2", "text": "Right? An asset that had no liquidity and now might have thousands of dollars of liquidity or tens of thousands of dollars liquidity becomes more valuable because it has some liquidity versus" }, { "i": 91, "speaker": "Speaker 2", "text": "none at all. Right? And I think this this this is something where I think many many more things become accessible if you look at just the collectible space broadly speaking that's really" }, { "i": 92, "speaker": "Speaker 2", "text": "accelerated and I actually think it's going to be even more accelerated uh in part >> I totally agree." }, { "i": 93, "speaker": "Speaker 2", "text": ">> Yeah. in part because of AI, right? So, so the desire of having something that's authentic, something that's original, something that has uniqueness is going to drive essentially a demand for these" }, { "i": 94, "speaker": "Speaker 2", "text": "sort of assets that are truly scarce and rare." }, { "i": 95, "speaker": "Speaker 2", "text": ">> And I to me I think Pokemons because of the physical aspect and are the education for you know basically RWBAs." }, { "i": 96, "speaker": "Speaker 2", "text": "Oh, okay. That's in blockchain. Oh, wait, hold on, that's kind of unique." }, { "i": 97, "speaker": "Speaker 2", "text": "And then from that we evolve into basically the NFT aspect over purely digital sort of collectibles that actually mimic exactly the same behavior but an entirely digital in nature." }, { "i": 98, "speaker": "Speaker 1", "text": ">> Pokemon could set the blueprint for a lot of this." }, { "i": 99, "speaker": "Speaker 2", "text": ">> I mean I think Pokemon sets the blueprint and opens up the imagination for people to say oh wait hold on if you could do Pokemon cards can it do for somebody else? Because because for" }, { "i": 100, "speaker": "Speaker 2", "text": "instance, if you look at traditional gaming, if you look at for instance, you know, basically Counter-Strike skins, right?" }, { "i": 101, "speaker": "Speaker 2", "text": ">> I mean, we're talking about a 7 to8 billion, well, it depends on on the day of the market, but somewhere between 4 to8 billion of a market that's been trading really for the last couple of" }, { "i": 102, "speaker": "Speaker 2", "text": "decades, right? Um and and that's entirely digital in nature, right? It's sort of there's smaller communities that you can now basically sort of amplify and create a market for that wasn't" }, { "i": 103, "speaker": "Speaker 2", "text": "there. And I think the error if if you want to call it that with with some of the NFT hype wasn't that NFTs didn't demonstrate which by the way is still $3 million of sales a month give or take" }, { "i": 104, "speaker": "Speaker 2", "text": "right um wasn't the fact that sort of NFTs themselves were overhyped or sort of you know it was it became way more a speculative financial tool for the people who entered the space it's kind" }, { "i": 105, "speaker": "Speaker 2", "text": "of like oh there's money to be made right >> brought in a bunch of people who weren't there for the game itself and for the fun in the community but were there just to extract right you know if you look at" }, { "i": 106, "speaker": "Speaker 2", "text": "sort of things like crypto punks um you know having a little bit of a return like actually in the last in the last two or three days NFTTS has had you know like a really big yeah buying a" }, { "i": 107, "speaker": "Speaker 2", "text": "crypto punk >> has been a better levered bet on ETH than ETH itself." }, { "i": 108, "speaker": "Speaker 1", "text": ">> Wow. I want to play a clip for you. This is in reference to Meteora and and Dynamic Assets because this starts to change things up a little bit. I want to get your opinion. Let's go to that clip." }, { "i": 109, "speaker": "Speaker 5", "text": ">> I know you're pissed. You're down." }, { "i": 110, "speaker": "Speaker 5", "text": "Michael Sailor is telling you to go back to work at McDonald's. It sucks. But we're running Salona back." }, { "i": 111, "speaker": "Speaker 6", "text": ">> Our friends over at Sunrise just announced something called dynamic assets. Think about Pokémon cards. If you want exposure today, you got to buy packs, you got to store them, you got to" }, { "i": 112, "speaker": "Speaker 6", "text": "protect them, and you eventually got to find a buyer. That's slow, expensive, and illquid. Sunrise's first dynamic asset is called SV 151. It's backed by sealed Pokemon 151 packs. The set" }, { "i": 113, "speaker": "Speaker 6", "text": "featuring the original 151 Pokémon." }, { "i": 114, "speaker": "Speaker 6", "text": "Here's where it gets interesting. If you own enough SV 151, you can actually burn those tokens and redeem them for the physical packs. Everybody thinks Salana is competing with Ethereum, Avac, Sooie," }, { "i": 115, "speaker": "Speaker 6", "text": "Hyperlquid, Monad. What if it's actually competing with eBay, StockX, Auction houses, and any other online marketplace?" }, { "i": 116, "speaker": "Speaker 7", "text": ">> I think eBay's taking between 10 and 14% off the top of a sale. Collector Crypto is 2%. No shade to eBay, but I would uh I'd love to eat their lunch." }, { "i": 117, "speaker": "Speaker 5", "text": ">> We're running it back. Let's [ __ ] go." }, { "i": 118, "speaker": "Speaker 1", "text": ">> All right. So, you got a tweet here from Jubspot. They're talking about these dynamic assets on Salana and in reference to the SV 151. So, if you guys know where this is heading, what do you" }, { "i": 119, "speaker": "Speaker 1", "text": "think about this? What do you think?" }, { "i": 120, "speaker": "Speaker 2", "text": ">> I mean, it's exciting. So, first of all, we actually innovated on dynamic assets back in the day with with cool cats uh during sort of, you know, basically some of the football promotions we did as an" }, { "i": 121, "speaker": "Speaker 2", "text": "experiment as well. So, so dynamic assets in and of itself isn't isn't anything particularly new. But what you did knew what what what what happens here of course making sort of having the" }, { "i": 122, "speaker": "Speaker 2", "text": "ability to sort of morph it and frankly that is the let's call it superpower of blockchain right which is the composability right you can basically sort of change things around innovate on" }, { "i": 123, "speaker": "Speaker 2", "text": "top create basically sort of you know cool new things and the intersection right now because of institutions coming in between you know basically um sort of something like that is is is the" }, { "i": 124, "speaker": "Speaker 2", "text": "competition and by I don't think the competition is going to be specifically around sort of going directly after the eBay market itself, but I think it's going to be more sort of a flurry of," }, { "i": 125, "speaker": "Speaker 2", "text": "you know, thousands of individuals basically building and utilizing these composable assets and these dynamic assets to basically create ways in which you can create new fun experiences. But" }, { "i": 126, "speaker": "Speaker 2", "text": "the part where we're going to break out and that's where dynamic assets become interesting because of its dynamic nature is you can make it fun. Right?" }, { "i": 127, "speaker": "Speaker 2", "text": "Yeah. Now remember the biggest onboarding event that we had, you know, despite the critics that we might have today and say, \"Oh, but gaming that wasn't actually NFTs and gaming in 21" }, { "i": 128, "speaker": "Speaker 2", "text": "and 22, what was the one thing they often said, it was fun.\"" }, { "i": 129, "speaker": "Speaker 1", "text": ">> Yeah. And I think you you look at Meteor, there's uh a breakdown here on SV 151. If you guys want to follow this, you can kind of get a list of their road map of what they're doing here. as I" }, { "i": 130, "speaker": "Speaker 2", "text": "think I think you know the way that we look at this is these are just very powerful community building tools where you can sort of string them all together and then sort of you know create create" }, { "i": 131, "speaker": "Speaker 2", "text": "networks combine them right I mean if you think about sort of you know the airdrop mechanism was another way of extending that in a let's call it less dynamic way this type of stuff you can't" }, { "i": 132, "speaker": "Speaker 2", "text": "do in a centralized exchange >> exactly exactly >> right you got to do that on chain you got to do that on the blockchain and utilize that you're going to have different versions of the way that" }, { "i": 133, "speaker": "Speaker 2", "text": "dynamic assets are being built because of its composible nature and so how do you interpret that and I think the sort of the part where we're here now with AI, agentic AI and AI agents that is" }, { "i": 134, "speaker": "Speaker 2", "text": "becoming exciting because they can do the translation. right? They understand how to navigate this and sort of they also, by the way, can be able to sort of verify it in a way that a human can't" }, { "i": 135, "speaker": "Speaker 2", "text": "because at the end of the day, I mean, Phantom, you know, is pretty easy to use. But for most people, it's still very unfamiliar and it feels a little bit worrisome for a lot of people who" }, { "i": 136, "speaker": "Speaker 2", "text": "don't who just like, okay, the my assets are indistinguish. They're still thinking of the wallet as something physical and that it's on my local computer, which it isn't exactly, but" }, { "i": 137, "speaker": "Speaker 2", "text": "that's kind of how people think about it because they don't understand it, right?" }, { "i": 138, "speaker": "Speaker 2", "text": "And again an AI agent can basically just abstract that for you. And I think that's going to be part of that. So technology is there to solve these interesting problems. But the use case" }, { "i": 139, "speaker": "Speaker 2", "text": "of the regular user is difficult when they are still not going to be comfortable dealing with stuff on chain with multiple variations of this because composibility can be endless, right? And" }, { "i": 140, "speaker": "Speaker 1", "text": "that's I think where AI agents are going to really make a difference." }, { "i": 141, "speaker": "Speaker 1", "text": ">> Okay. So that opens up a lot. Uh and and you look at some of the markets that it will most likely go into. Here's a good example with Gotacha Sports officially partnered with uh Collector Crypt and" }, { "i": 142, "speaker": "Speaker 1", "text": "what they're rolling into is where you've got NBA, NFL, MLB, all that. Now, this starts to open up the sports card ecosystem, which has been a I would say as strong as Pokemon just because of its" }, { "i": 143, "speaker": "Speaker 1", "text": "lineage. How big could this get? Do you think we could see this going into a multitude of franchises around the industry?" }, { "i": 144, "speaker": "Speaker 1", "text": ">> Go everywhere. It's going >> everywhere. Speaking of that, I want to play a clip for you about how this may correlate to the whiskey market and how Salana is connected. Take a look." }, { "i": 145, "speaker": "Speaker 8", "text": ">> Either do this on mobile, do it through Soulflare or Phantom, do it through one of the Salana wallet. So, that was an actual private barrel that was done for Costco in Washington DC. It's got the" }, { "i": 146, "speaker": "Speaker 8", "text": "Costco hot dog, the I Got That Dog in Me. Like, that's an official like brand label." }, { "i": 147, "speaker": "Speaker 8", "text": ">> All right. All right. So, we go. Here we go. Here we go. It better be that Costco one, man." }, { "i": 148, "speaker": "Speaker 8", "text": ">> Um, it's obviously can't every single time be worth more. Oh sh dude, you are on a streak right now." }, { "i": 149, "speaker": "Speaker 8", "text": ">> Yeah, you are on a hot streak. Whiskey and wine are the kings of deflationary supply. So you've been giving them as gifts. They're in your possession. Like what do you do with them now?" }, { "i": 150, "speaker": "Speaker 1", "text": ">> All right, so there you got it. Whiskey, uh, wine, of course, another big category that's a big collector market." }, { "i": 151, "speaker": "Speaker 1", "text": "How quickly do you think we'll see brand embracing this, really embracing this?" }, { "i": 152, "speaker": "Speaker 2", "text": ">> So I think the way that I would think of it is it has to be a brand that sort of emerges in a way that was unexpected. I think there's going to be a new whiskey brand or a new wine brand. Okay. All" }, { "i": 153, "speaker": "Speaker 2", "text": "right." }, { "i": 154, "speaker": "Speaker 2", "text": ">> Right. That's going to come out that we're not we're not expected to do as well and then suddenly or maybe didn't even know and suddenly just kind of takes off and people go, \"Oh, okay. I" }, { "i": 155, "speaker": "Speaker 2", "text": "need to do something.\" And then the brand itself, the big brands then come in and basically bring everyone together with it, right? And so typically, you know, with this type of sort of" }, { "i": 156, "speaker": "Speaker 2", "text": "innovation, it usually is a new player that sort of comes in and then forces others to sort of sort of sort of, you know, react to it." }, { "i": 157, "speaker": "Speaker 1", "text": ">> You know, this is happening when I say this kind of innovation happening on Salana. It's happening in a lot a lot of other places. I want to show you a clip here. This is in reference to business" }, { "i": 158, "speaker": "Speaker 9", "text": "accounts." }, { "i": 159, "speaker": "Speaker 9", "text": ">> Banking for AI agents by Meow. The first ever platform that allows AI agents to open business bank accounts. Simply ask your preferred agent to open a bank account with Meow. And Meow walks you" }, { "i": 160, "speaker": "Speaker 9", "text": "through incorporating, opening your bank account, issuing cards, and getting ready to accept your first payment. No lawyer, no banker, no headaches. Any LLM, open a bank account." }, { "i": 161, "speaker": "Speaker 2", "text": ">> All right. What do you think about this?" }, { "i": 162, "speaker": "Speaker 2", "text": "I mean to me I don't know that a classical bank account and I don't think exactly that you know um that that structures in that way is going to be necessary for an agent because I think" }, { "i": 163, "speaker": "Speaker 2", "text": "the wallet is the bank account in a classical sense right you know with hello minds basically the wallet is the identity stack it's where you can do basically your you know your hot wallet" }, { "i": 164, "speaker": "Speaker 2", "text": "trades and if you end up basically wanting to sort of you know have it custodied somewhere with the human in the loop you can sort of store and save it somewhere else um I think banking is" }, { "i": 165, "speaker": "Speaker 2", "text": "going to be completely sort of you know altered and changed Anyway, um it's a cool, by the way, it's the same thing with credit cards for for agents, right?" }, { "i": 166, "speaker": "Speaker 2", "text": "It's it's a cool necessary sort of step that's in there and there's elements around that, but I would, you know, um and I can't say that I'm familiar with with Meow. So, that's actually something" }, { "i": 167, "speaker": "Speaker 2", "text": "we're definitely going to have to take a deeper look at. Yeah." }, { "i": 168, "speaker": "Speaker 2", "text": ">> Because because uh I don't think that it's going to be the classic KYC rails, right? So, it has to be KYA and so probably the KYA probably has to be human or maybe it's just blockchain tech" }, { "i": 169, "speaker": "Speaker 2", "text": "in the back. So I think that's you know and it's basically just wrapped around essentially like a banking narrative but isn't maybe a licensed bank because I think the key thing is you know is it a" }, { "i": 170, "speaker": "Speaker 2", "text": "bank or is it more like banking like infrastructure right that's something probably need to we we probably need to sort of study a bit >> dive in a little bit the ecosystem I think around all of this if it's" }, { "i": 171, "speaker": "Speaker 1", "text": "centered around Salana I think this is going to be interesting because there's so many potentials for this Salana has an upgrade underway that could open up some interesting components components" }, { "i": 172, "speaker": "Speaker 1", "text": "in blockchain that I want to talk to you about. Let me play a clip." }, { "i": 173, "speaker": "Speaker 10", "text": ">> If you build subscriptions on Salena today, you run into a hard limitation." }, { "i": 174, "speaker": "Speaker 10", "text": "You only get one delegate per token account. So you approve one service, say Netflix, and it works. Then you approve another, like for example, Spotify, and the first one gets overwritten. So out" }, { "i": 175, "speaker": "Speaker 10", "text": "of the box, you can't support multiple subscriptions from the same wallet. by introducing a programmable delegation layer that allows multiple independent spending permissions from a single token" }, { "i": 176, "speaker": "Speaker 10", "text": "account. This makes subscriptions super easy. The program supports three different delegation models. The first one is the fixed delegation like a prepaid allowance. Then the second one" }, { "i": 177, "speaker": "Speaker 10", "text": "is reoccurring delegations like a monthly spend limit. You authorize someone to spend up to x amount of tokens where the period length is configurable. And the third one which is like of course the most interesting one" }, { "i": 178, "speaker": "Speaker 1", "text": "is the subscription plans." }, { "i": 179, "speaker": "Speaker 1", "text": ">> To me this is huge because I look at subscriptions right now as a necessary evil. Most of the time I can't even manage them. I would love a platform that would enable that kind of fluency" }, { "i": 180, "speaker": "Speaker 1", "text": "of understanding how my subscriptions are being done and then eventually manage them. What do you think? What does this unlock?" }, { "i": 181, "speaker": "Speaker 2", "text": ">> There's so much you can do when you have ownership and control over your subscription plans that are central in one area. Yeah, >> I mean I you know like one one of my favorite little skills that I have for" }, { "i": 182, "speaker": "Speaker 2", "text": "my AI agents is essentially it's a sub sort of subscription cancellation hunter. It basically literally just goes through all the things and says, \"Wait, hold on. Did you actually really" }, { "i": 183, "speaker": "Speaker 2", "text": "subscribe to sort of, you know, basically sort of this this this I don't know this Washington Post thing like two years ago you forgot about, right?\" You know, that that kind of stuff, right?" }, { "i": 184, "speaker": "Speaker 2", "text": "And that's not a dig on Washington Post, by the way. I do enjoy them. The other part is >> the ability for people to innovate and build new ideas around subscription. So, I just see this as a beginning. So," }, { "i": 185, "speaker": "Speaker 2", "text": "right now, they built a convenience layer, but what blockchain does so well is that again, people can sort of compose new ideas. someone will come up with an idea around a business model" }, { "i": 186, "speaker": "Speaker 2", "text": "around subscriptions. I mean for instance, is it feasible for someone to eventually trade their subscription accounts, right?" }, { "i": 187, "speaker": "Speaker 2", "text": ">> Should I be able to basically sort of, you know, have a different form of subscription? And and the reason why I think this becomes interesting in terms of right now subscriptions are designed" }, { "i": 188, "speaker": "Speaker 2", "text": "for humans. Okay. So the human element is I pay $19 or $10 a month and there's a timing element in between where I as a human because I can't watch unlimited Netflix movies, right? I have so so it's" }, { "i": 189, "speaker": "Speaker 2", "text": "built into the model that there's a capacity limit because we assume humans have only so many hours in the day." }, { "i": 190, "speaker": "Speaker 2", "text": "Right now, when you take that to an AI agent, he doesn't have that limitation whatsoever. Right? He's not. So, if you basically think of it from an information subscription standpoint," }, { "i": 191, "speaker": "Speaker 2", "text": "which we see when you think about these max subscriptions, which is why Claude is like, \"No, you can't do that and whatever is that when you give it to an AI agent, you give it a max" }, { "i": 192, "speaker": "Speaker 2", "text": "subscription, it doesn't just max it, it super super maxes it because it can basically consume information and data basically 24 by7 at whatever maximum capacity that you will give it, right?\"" }, { "i": 193, "speaker": "Speaker 2", "text": "Yeah. So, so that means the entire subscription game will change in ways that we probably haven't quite figured out yet because everything will be microtransactions. So, I actually think" }, { "i": 194, "speaker": "Speaker 2", "text": "what'll happen is, you know, subscriptions and these kind of payment services are probably going to be divided up into ways where I basically split a thousand ways, right? So, I I might pay for $20. I pay I might pay for" }, { "i": 195, "speaker": "Speaker 2", "text": "a $20 subscription, but that $20 subscription is going to maybe feed 10,000 content providers and I'll never need to know the details except I receive it from my AI agent, right? And" }, { "i": 196, "speaker": "Speaker 2", "text": "and they get paid directly from that." }, { "i": 197, "speaker": "Speaker 2", "text": "And again, this is something you can do on blockchain. But imagine if a central provider had to figure all that out, build all those partnerships. It would be impossible for them, right? But if" }, { "i": 198, "speaker": "Speaker 2", "text": "it's on chain on blockchain, then people will just simply adopt it and use it themselves. And you know, put another way, imagine if you know, all Netflix subscribers, and this is obviously a" }, { "i": 199, "speaker": "Speaker 2", "text": "hypothetical example, right? But imagine if all Netflix subscribers were actually onchain, right? And I could vive for the attention of that Netflix subscriber and grab some of that money, even if it's" }, { "i": 200, "speaker": "Speaker 2", "text": "just one buck, right? Um, you know, that to me is an innovation. or if I'm a subscription type service, I would basically be able to sort of capture and I would be more than just a content" }, { "i": 201, "speaker": "Speaker 2", "text": "provider um to my own content, but I could open it up for more services beyond that in and and and everyone will just build on you because you've got the network. Right." }, { "i": 202, "speaker": "Speaker 2", "text": ">> Right. Right." }, { "i": 203, "speaker": "Speaker 1", "text": ">> Yeah. So, so many things you could do." }, { "i": 204, "speaker": "Speaker 1", "text": ">> It it definitely opens up, I think, a future here. And if you just look at Salana in general, here's the RWBA league table just to give an example how fast they're moving. uh and right now" }, { "i": 205, "speaker": "Speaker 1", "text": "performing even on the 30-day uh and when market share up above what we've seen with Stellar starting to approach BNB right now in terms of real world assets. Do you think that Salana flips" }, { "i": 206, "speaker": "Speaker 1", "text": "BNB in the RDBA market soon?" }, { "i": 207, "speaker": "Speaker 2", "text": ">> Well, so I think it has to do with projects that sort of um landing on it." }, { "i": 208, "speaker": "Speaker 2", "text": "So I give you an example. So for instance in our case you know we're we are working with with um basically providence >> and uh and that's like 17 billion dollars of RWAS already right and so if" }, { "i": 209, "speaker": "Speaker 2", "text": "you look at it from the league table standpoint that would be right on top right and it's really just one product but so one hand you could say oh amazing but on the other hand you might say wait" }, { "i": 210, "speaker": "Speaker 2", "text": "hold on a second in a scale of assets in tradi it's a drop in the ocean right so for the time right so is it entirely possible that salana could flip B&B yes but it also doesn't matter Right? Like" }, { "i": 211, "speaker": "Speaker 2", "text": "the target isn't beating B&B or even beating Ethereum. The target is essentially becoming meaningful to Tradfy, right? So basically, how do we onboard literally tens of billions a month more rather than thinking about" }, { "i": 212, "speaker": "Speaker 2", "text": "sort of, you know, basically sort of getting to, you know, basically four billion more or 5 billion more, but that's kind of where the thinking goes." }, { "i": 213, "speaker": "Speaker 1", "text": ">> Yeah. All right. So, you got to update update us a little bit on what's going on with the Hong Kong Hong Kong stable coin because I'm I'm curious as you obviously have the best vision and lens" }, { "i": 214, "speaker": "Speaker 1", "text": "into that market. Where do you see and what do you see right now happening over there?" }, { "i": 215, "speaker": "Speaker 2", "text": ">> Yeah. So, I can't talk too much about it. This is the thing about anything when it comes to sort of a product that ends up becoming regulated. You have to always be a little bit more sort of more" }, { "i": 216, "speaker": "Speaker 2", "text": "mindful. That said, you know, uh just to reiterate, Hong Kong basically passed two stable coin licenses to our joint venture, Anchor Point, which is a joint venture with Standard Chartered uh and" }, { "i": 217, "speaker": "Speaker 2", "text": "uh um basically HSBC. HSP has already HSBC has already publicly stated that they're going to roll it out on sort of pay me uh and sort of sort of more of of a closed environment. Um and Standard" }, { "i": 218, "speaker": "Speaker 2", "text": "Charted uh you know, basically actually Anchor Point has already announced a couple of sort of you know, basically test cases with sort of exchanges in Hong Kong. So that's kind of the" }, { "i": 219, "speaker": "Speaker 2", "text": "execution phase. And of course, you know, what we're excited about is when you start building on, you know, with with an with a stable coin like Hong Kong dollars, does it allow local" }, { "i": 220, "speaker": "Speaker 2", "text": "developers to start building new applications for, you know, like that, like Hong Kong has a big sort of domestic helper market, for instance, that has to remit money back to your home to places like the Philippines," }, { "i": 221, "speaker": "Speaker 2", "text": "right? And they use traditional sort of sort of, let's call it, Western Union style payments. Blockchain would be perfect for that. But can I do that now in a native sort of regulated stable" }, { "i": 222, "speaker": "Speaker 2", "text": "coin as an example, right? There's so many new things that that could develop from that." }, { "i": 223, "speaker": "Speaker 1", "text": ">> Yeah, for sure. I was looking at um you know gaming companies and we we analyze these a little bit. This is games workshop the growth that they have seen in a very short period of time and I" }, { "i": 224, "speaker": "Speaker 1", "text": "look at potential IPOs coming and I think about something that maybe Anamoka could be doing soon. I know you can't talk about an IPO, but in general, what do you think about the current IPO" }, { "i": 225, "speaker": "Speaker 1", "text": "environment? You've got SpaceX brewing, anthropic brewing. How does this affect your strategy?" }, { "i": 226, "speaker": "Speaker 2", "text": ">> Well, so um ask me after ask me next week >> after Friday." }, { "i": 227, "speaker": "Speaker 2", "text": ">> Okay." }, { "i": 228, "speaker": "Speaker 2", "text": ">> Right. I'm generally, as you know, a more optimistic person. So my my perspective is that I think the SpaceX IPO at least short to midterm will be positive overall because it's going to" }, { "i": 229, "speaker": "Speaker 2", "text": "be a crazy valuation and people going to be sort of excited. It's Elon. So the whole combination could create a bullish sort of macro sort of market. The downside of course is that people are" }, { "i": 230, "speaker": "Speaker 2", "text": "saying well a lot of capital is being sucked out right there's a big component going to retail. Are they sort of you know selling their positions in other areas so they can get into the SpaceX" }, { "i": 231, "speaker": "Speaker 2", "text": "IPO which is why the markets are shaky?" }, { "i": 232, "speaker": "Speaker 2", "text": "Who knows right? Is there an AI overspend right? So so the market has obviously got that as well. So I think I think to me that's why I think the key sort of telltale sign is how it does" }, { "i": 233, "speaker": "Speaker 2", "text": "pretty much on the IPO day and the days thereafter which will then set the tone I think for many many IPOs to come. Uh I suspect of course that if SpaceX does well anthropic will do well right. Um" }, { "i": 234, "speaker": "Speaker 2", "text": "but also what will happen is that broadly AI stocks will also do well as a result because they're like oh my goodness if like if if you know it's all about the comparison game. if SpaceX is" }, { "i": 235, "speaker": "Speaker 2", "text": "worth this then maybe that is worth that and so you'll see a general sort of acceleration in that um you know market is in some ways running hot in certain areas we've already seen this effect you" }, { "i": 236, "speaker": "Speaker 2", "text": "know with all the chip and semiconductor companies like I mean real estate for instance in Taiwan in Korea and in Japan like in Tokyo is actually at all-time highs because uh you know you know the" }, { "i": 237, "speaker": "Speaker 2", "text": "the top 30% of all these stock companies which are all sort of indexed towards AI semiconductor and energy sort of you know expansion are all doing so well. Um the challenging thing for crypto though" }, { "i": 238, "speaker": "Speaker 2", "text": "has been that the competition with the stock market ironically is such that young people as well are going well. Um should I be putting money in crypto or should we be putting money in the stock" }, { "i": 239, "speaker": "Speaker 2", "text": "market which appears to be doing better right? Um but I think there is an element where people are also looking to diversify and they understand that. So it's not that they're not investing in" }, { "i": 240, "speaker": "Speaker 2", "text": "it. So it's a net net thing, right?" }, { "i": 241, "speaker": "Speaker 2", "text": "Which is like if hey if I have $100 I'm always going to put some money in Bitcoin and some money in Solana. It's just I might not put 80% of it. I might put 10 or 20%. So if the pie enlarges so" }, { "i": 242, "speaker": "Speaker 2", "text": "does the broader participation but I think structurally um basically crypto particularly things like Bitcoin has the potential to accelerate much more faster because of the supply dynamics which is" }, { "i": 243, "speaker": "Speaker 2", "text": "by the way what we saw you know literally just like a month and a half ago." }, { "i": 244, "speaker": "Speaker 2", "text": ">> Yes. Exactly." }, { "i": 245, "speaker": "Speaker 1", "text": ">> And I think it could repeat itself quite quickly. Um you know which is of course the volatile nature of of this asset class. What what do you make of the the pre-tock, you know, scenario? So, you've" }, { "i": 246, "speaker": "Speaker 1", "text": "got so much of that moving on the Salana ecosystem. Why not launch a private market token, you know, in a pre-stock, you know, for Animoka?" }, { "i": 247, "speaker": "Speaker 2", "text": ">> Actually, we finally you should mention that because we didn't actually do that, but Solana and Republic did it already." }, { "i": 248, "speaker": "Speaker 2", "text": ">> Yeah. So they announced that they were basically going to um sort of um put Animoka stock on uh basically with Republic on Solana, but you can now buy Animoka stock essentially I think on" }, { "i": 249, "speaker": "Speaker 2", "text": "chain um you know I think in sort of you know test quantities right but uh and again we're not we're not super close to close to the process. Uh so they're already doing it right and and if you" }, { "i": 250, "speaker": "Speaker 2", "text": "look at some of the tweets that are out there obviously sort of you know you can see some some announcements and we've been telling our shareholders as well that that is something that you know our" }, { "i": 251, "speaker": "Speaker 2", "text": "people are doing but just to be clear it's not officially something we're doing >> right yeah but so so it's already happening and I think it's going to happen to a lot more >> well it'll be interesting if they take" }, { "i": 252, "speaker": "Speaker 1", "text": "it you know mainstream you know in within to that ecosystem for pretocks and uh and what we see in terms of growth. Last point I want to hit on." }, { "i": 253, "speaker": "Speaker 1", "text": "Higsfield is now um coming to Minecraft." }, { "i": 254, "speaker": "Speaker 1", "text": "So this changes things up a little bit." }, { "i": 255, "speaker": "Speaker 1", "text": "I would think for Sandbox." }, { "i": 256, "speaker": "Speaker 1", "text": "How do you think this impacts Sandbox?" }, { "i": 257, "speaker": "Speaker 2", "text": ">> Actually, I don't really think this particularly sort of impacts Sandbox per se, right? Because I think Minecraft and Sandbox haven't really been in the same competitive field. It's it's a bit" }, { "i": 258, "speaker": "Speaker 2", "text": "different. Um, even though obviously I think you know Sandbox is obviously the sort of the the smaller much smaller business compared to sort of Minecraft's community but what I think and and you" }, { "i": 259, "speaker": "Speaker 2", "text": "know I what I will say is watch out basically for some announcements for sandbox in the next couple of weeks because we have some very very cool things that we will be talking about" }, { "i": 260, "speaker": "Speaker 2", "text": "right again I I I won't say can't say too much because if I say anything put it out how however that said I think um AI is coming to everything Right. So whether it's Hicksfield, whether it's" }, { "i": 261, "speaker": "Speaker 2", "text": "what Roblox is doing, whether it's the stuff we're doing with Hello Minds, right, AI is coming and the one thing that they are going to do is they're going to make it easier for creators and" }, { "i": 262, "speaker": "Speaker 1", "text": "developers." }, { "i": 263, "speaker": "Speaker 2", "text": ">> That's the main thing right there." }, { "i": 264, "speaker": "Speaker 2", "text": ">> Right. Exactly. Right." }, { "i": 265, "speaker": "Speaker 2", "text": ">> That's the main thing." }, { "i": 266, "speaker": "Speaker 2", "text": ">> Main thing." }, { "i": 267, "speaker": "Speaker 2", "text": ">> Yeah. And and we are, you know, um I'm not sure if if you're aware, but one of our portfolio companies is Rosebud, which is basically one of the leading sort of I guess vi coding gaming" }, { "i": 268, "speaker": "Speaker 2", "text": "platforms that are out there. Okay." }, { "i": 269, "speaker": "Speaker 2", "text": ">> That's been growing a fair bit. And of course, we also have a position in in a Korean company called Verse 8, right? So again, sort of gaming vibe coding, allowing someone to basically just come" }, { "i": 270, "speaker": "Speaker 2", "text": "up with some cool creative stuff is something that's happening there. People are making games with Hello Minds as well, right? So this sort of mishmash of being able to sort of really sort of" }, { "i": 271, "speaker": "Speaker 2", "text": "compose and create new sort of cool stuff is something that uh is already is is already sort of happening. Um and so I think of this more as an onboarding, right? So once you're in there, like for" }, { "i": 272, "speaker": "Speaker 2", "text": "instance, um when you build something, if Hicksfield is coming to Minecraft, remember the composability of an agent is endless. They don't care, right? It's like it's like, hey, you know, cloud can" }, { "i": 273, "speaker": "Speaker 2", "text": "speak cobalt, it can speak, it can speak Pascal, it can speak C++, can see C#, it can do all this stuff, right? Right. So, so if something is So, one of the challenges four or five years ago really" }, { "i": 274, "speaker": "Speaker 2", "text": "for in Sandbox when they had sort of when they were pushing the voxil builder was that the voxil builder had to be built by humans >> to basically have other humans build voxels and now you can just prompt them" }, { "i": 275, "speaker": "Speaker 2", "text": "to do it, right? It doesn't matter whether it's Hicksfield or someone else." }, { "i": 276, "speaker": "Speaker 2", "text": "Anyone can do it. And so, the tooling in and of itself is no longer the most critical thing. The most critical thing is having the users, the community and the ease of essentially creating" }, { "i": 277, "speaker": "Speaker 2", "text": "creating creating those assets and then incorporating them incorporating them in your environment." }, { "i": 278, "speaker": "Speaker 1", "text": ">> Yeah, it's always fun talking to you. Uh I love getting into this because it gives us a much broader and I think deeper look at really what's happening in the next generation of all this stuff" }, { "i": 279, "speaker": "Speaker 1", "text": "going forward. So, thanks for coming in today." }, { "i": 280, "speaker": "Speaker 2", "text": ">> Thank you for having me." }, { "i": 281, "speaker": "Speaker 1", "text": "If you like this video, hit like and subscribe. Drop a comment down below and also join our free private member group." }, { "i": 282, "speaker": "Speaker 1", "text": "The link is in the description." } ]