FOMO HOUR is your daily Crypto, Web3 and Blockchain podcast.
Decrypt is a next-generation media company capturing the most compelling narratives in emerging technology. All Decrypt Media News and Content is Powered by myriad.markets
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FOMO HOUR is your daily Crypto, Web3 and Blockchain podcast.
Decrypt is a next-generation media company capturing the most compelling narratives in emerging technology. All Decrypt Media News and Content is Powered by myriad.markets
Copyright: © Copyright 2022 Rug Radio
The weekend was jam-packed with updates, claims and allegations towards SBF, FTX and now spreading towards Crypto.com. With this type of event comes exaggerated hype and engagement, so rumors abound and the noise makes it difficult to cut through to the truth. Our stage walks through most of the claims to guide listeners to a sound emotional location. Stay cautious as ever.
We also had news of Nike pushing a new web3 front with dot swoosh, a platform that will involve creation and even potential royalties!
The Bedu team came on to discuss the next phase of 2117, that will see the second batch of passes mint today. tune in for the details.
2117 comes on @ 52:58
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An informative close to the end of a long hard week of endurance from all participants of the space. Listen in for long and short term views of the macro environment and get some valuable insight into the state of crypto along with how it all matters to NFTs.
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Yesterday was one of the most intense days in the history of crypto, aside from the drama surrounding royalties happening inside of the NFT space. The FTX crash hit everyone hard even for those that don't use the platform. It's a net loss as outside perspective and sentiment will definitely drop and general fear will rise.
In lighter news we had Super Rare Zack and a legendary lineup of artists on to discuss the upcoming Rare Pass drop. Its a unique pass system that will reward participating artists with art, give collectors access to an unreal group of legendary artists and offer royalties to pass holders throughout the entire life of the piece in question. A cool innovative spin, brought on by one of the most respected names in the game.
SR comes on at 53:47
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The amount of drama and cultural relevance contained in this episode is unreal. A critical pivot in the FTX story happened during the show and the stages reaction is recorded.
At 35:50 the introduction to the CEO and CTO of opensea are introduced and with them the intense conversation of royalties after they announced they are considering changes and creating some sort of tool to help with the issue.
This is episode is a must listen, enough said.
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Today the macro talk was quick and we dove straight into the debacle between Binance and FTX. Controversy and allegations that range in the billions of dollars have been thrown around and rumors of FTX not being able to stay afloat under certain circumstances were made. Our stage discussed all of this with the final conclusion being that time will tell.
Our special guest today was Bobby Hundreds, founder of the Adam Bomb Squad. He initially came on to discuss his new upcoming drop called the Badam Bomb Squad, but as it goes in our space the topic of the day consumed most of the show. Royalties are the IT, with Opensea making a difficult to decipher announcement about potential changes in their policy. It's caused extreme unease throughout the space and everyone fears for the future. Bobby hundreds was able to share some of his thoughtful insight along with inspire people to speak up and take action!
Bobby intro at 43:21
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The macros were quite shaken after the FOMC commentary from Powell exposing his Hawkish views when the market was expecting to hear some dovish sentiment. Payroll and CPI are still set to come later this month, meaning despite the sell-off from this news, there is even less certainty ahead. Much to our surprise Crypto is holding strong agains the macro struggles and is building the case for decoupling.
Meta announced that they will enable the creation, display and sales of NFTs on Instagram via the Polygon network. Ryan Wyatt CEO of polygon studios came to share his excitement about the announcement and discuss the reality of the event. Massive!
Our feature was the one and only Fewocious!! With his upcoming Christies drop fueling the conversation, we actually went into the origin of FEWO's art journey and ended up inside of a clear glass box painting a live piece for his age 19 drop at Christies! Its hard not to feel like we are listening to one of the great legends when fewo is speaking, quite the special experience.
Ryan Wyatt @ 29:33
Fewocious comes in @ 44:15
Full notes here: Gldn's notes
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We had a pretty extensive dive into the macros today, its the second day of the FOMC and the market is very aware of the potential outcomes from the press conference that is to follow. There are more events coming up this month that will certainly influence price action across markets. The wizard of Soho and Keyboard Monkey both joined us to go through the different scenarios that could play out.
Art Gobblers were still the talk of the town and stirring up controversy from all ends, this summary will not be highlighting the brashness of the community.
Carly P Reilly joined us to go over her Documentary that is about the blockchain and based in Puerto Rico. Any view will = $1 back toward Puerto Rico's hurricane relief through her partnership with Metamask.
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The report on Macros was less than flattering today despite being the first day of the FOMC. News that affects price action won't be released until tomorrow. NFT talk was all Art Gobblers, with controversial narratives being pushed in the space, we hear from our hosts about the issues and the new paradigm backed project in general.
During the show there was a sweep of 30 Rug Radio NFTs by a wallet named UAE, we found out it was the group bedu who are creating a metaverse experience known as 2117. This is the actual year that the UAE plans to colonize mars, the flight takes 7 years and will be recreated through the project, leaving earth in December.
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According to our specialist OSF, the macros are in for a BFW! Multi events and with even more to come throughout the month means nothing is certain! NFTs had an odd week but with only 1 out of the top 5 projects being non PFP projects the climate feels good.
We had Metaversal as our special guest today, previously an anon investor that was behind the EMBRACE CHAOS wallet who has been sweeping Rug Radio NFTs for the past weeks. They invested by becoming a massive holder, a true web3 approach that benefits people who are participating.
Hear Metaversal @ 54:55
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The show blasted through the macros and laughed about NFTs while welcoming Mando back on stage after becoming a dad less than 48hrs prior, (that's dedication!). While there was material for discussion OSF pointed to next month being the true price action month with many sequential macro events happening.
The obvious highlight was having the founders of the Bored Ape Yacht club on our stage. This would sound major regardless but they have both notoriously avoided speaking on live spaces like the show so it was quite the gift to host them. They shared background stories and what it was like starting bayc early on. They also discussed the struggles of not only starting out but maintaining and enduring amidst the bear. The show was Rugged by twitter mid way through so if you hear an awkward break you know why!
A very inspiring listen for anybody who believes in NFTS.
Gordon & Garga come on @ 36:00
Full notes here: Gldn's notes
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