Latest / The Paul Barron Crypto Show / MASSIVE Sui Updates Revealed!🔥DeFi Explosion Coming🚨
Transcript
- 0:00Speaker 1: Let's dive into a project update. We're going to be
- 0:02Speaker 1: breaking down Suite in a big way for you guys.
- 0:04Speaker 1: You know, I'll miss it. Welcome back into the show.
- 0:06Speaker 1: Let's get started. Sue of course, is one of our partners,
- 0:10Speaker 1: and we have been looking at a whole litany of
- 0:13Speaker 1: projects that they're working on. They give us full rain
- 0:16Speaker 1: of us being able to research what they're doing. So
- 0:19Speaker 1: one of the announcements that they were doing, well many
- 0:21Speaker 1: announcements that they're doing, is over at Sweetfest, which is
- 0:24Speaker 1: happening today. It's possible that even after this recording, there
- 0:27Speaker 1: could be new announcements that come out during this So
- 0:30Speaker 1: things are very fluid right now. We'll try to get
- 0:33Speaker 1: you as much information as we can. The point is
- 0:35Speaker 1: is that there is a whole new way that I
- 0:38Speaker 1: think SWEE is going about their market, one of which
- 0:41Speaker 1: we've talked about before here on the show, and that
- 0:44Speaker 1: is these device infrastructures that they're building into the platform.
- 0:48Speaker 1: This was cutest, which is of course a health device,
- 0:51Speaker 1: and the most recent one is this one right here.
- 0:54Speaker 1: The most recent one is this one right here, is
- 0:56Speaker 1: called the suet ball. If you look at this, it
- 0:59Speaker 1: has this kind of puck looking design designed for life
- 1:03Speaker 1: on the move. So my guess is that could this
- 1:05Speaker 1: be a wristwatch? Could this be something that starts to
- 1:09Speaker 1: plug into other devices. As you'll notice within the website,
- 1:13Speaker 1: they get into a whole slew of different ways that
- 1:16Speaker 1: this could be utilized. Well, there's a good example right
- 1:19Speaker 1: there of a wristwatch potentially utilized from this device. I
- 1:22Speaker 1: want to go to a clip real quick because this
- 1:24Speaker 1: will give you a little bit more into what it's
- 1:26Speaker 1: being used for. This is actually their demo. Take a look, Mike,
- 1:31Speaker 1: really sick.
- 1:32Speaker 2: There's a metallic frame, glass back cover, there's nothing plastic,
- 1:35Speaker 2: Apple quality, really high quality displays, very intuitive, very similars.
- 1:41Speaker 2: The touch is very responsive, high quality. You can personalize
- 1:45Speaker 2: the device like you can have NFDS as a lock
- 1:48Speaker 2: screen image to personalize.
- 1:49Speaker 3: Further three boil. You heard it right here.
- 1:51Speaker 1: Let's go all right. So a lot happening there as sweefs,
- 1:55Speaker 1: But other things you got to look at is the
- 1:58Speaker 1: rest of the tech stack. Possibly table side ordering systems
- 2:02Speaker 1: will be integrated, and this could start to layer into
- 2:05Speaker 1: use case of blockchain and crypto for retail payments, and
- 2:09Speaker 1: SWEE could be right at the center of this. Some
- 2:11Speaker 1: of the announcements they made today, this was a big
- 2:14Speaker 1: one suit USDE This is arriving on suiz. This will
- 2:17Speaker 1: be the native stable coin for the Swede network. So
- 2:20Speaker 1: it's not just like USDC dropping into this. This is
- 2:23Speaker 1: their own. So that in itself you look at some
- 2:25Speaker 1: things that are happening in DeFi all time high here
- 2:29Speaker 1: as we can just continue to take a look here
- 2:31Speaker 1: at four point one nine billion locked in. One thing
- 2:33Speaker 1: to note when you look at just the translation between
- 2:36Speaker 1: you know, exchanging USDC on base over to USDC on arbitrum,
- 2:41Speaker 1: is the attrition fees that happen with this. This is
- 2:44Speaker 1: the problem that Ethereum EVM represents. One thing with SWIE
- 2:49Speaker 1: is that they have this unified liquidity obviously being run
- 2:52Speaker 1: on Deep book that could be one of the big
- 2:54Speaker 1: factors here that would benefit them. So again one of
- 2:57Speaker 1: the reasons that we're seeing the all time highs on
- 2:59Speaker 1: defile a lot of these decks is are absolutely on fire.
- 3:02Speaker 1: Remember see this this is another one with momentum. Seeing
- 3:05Speaker 1: this kind of uptake right here. Then you take a
- 3:08Speaker 1: look at just where deep is right now, and you
- 3:12Speaker 1: can kind of see it in itself starting to explode
- 3:14Speaker 1: right there. I think it was the number one over
- 3:16Speaker 1: the last twenty four in terms of growth, at least
- 3:19Speaker 1: on the charts right now. So if you're not following
- 3:21Speaker 1: this one, this is another token that we're kind of
- 3:23Speaker 1: keeping an eye on. The reason that all of this
- 3:25Speaker 1: is important because as we see more transactions than this
- 3:29Speaker 1: factor right here becomes a big issue, and that is
- 3:31Speaker 1: we as deflationary by design. And if you just look
- 3:34Speaker 1: at this two minutes, we has been removed from circulation
- 3:36Speaker 1: just by being burned or frozen. It's about fifty percent
- 3:39Speaker 1: of suite in the last six months. And again this
- 3:42Speaker 1: transactions all being built up within the DeFi ecosystem with
- 3:46Speaker 1: all these other hardware devices and things like that that
- 3:49Speaker 1: could play into this. I want to go to a
- 3:51Speaker 1: clip real quick. This is a Danie, their COO, and
- 3:54Speaker 1: he talks about USDE and how this is going to
- 3:57Speaker 1: supercharge suet.
- 3:58Speaker 3: Take a look, okay, breaking is the revenue generated from
- 4:02Speaker 3: this stable coin is ultimately going to pump back into
- 4:06Speaker 3: buying back sweet tokens on the public markets. We're going
- 4:10Speaker 3: to grow swee DeFi at a rate has never been
- 4:12Speaker 3: seen before. Greater revenue for those who are doing DeFi
- 4:15Speaker 3: much more demand for Sweet natively because we're going to
- 4:18Speaker 3: be buying back Sue in a public market with sweeg
- 4:20Speaker 3: and also a Sweet foundation. This has never been done
- 4:22Speaker 3: before and I can't wait to get this on the market.
- 4:25Speaker 3: Is amazing. It's going to change, DeFi in this Sweet
- 4:28Speaker 3: coosystem forever. This is a new day.
- 4:30Speaker 1: So that in itself is a big advantage over networks
- 4:34Speaker 1: like Solana. I think that's a big deficit when you
- 4:37Speaker 1: compare the two chains, and that is one of the
- 4:40Speaker 1: things also that will work into Suie's benefit just on
- 4:43Speaker 1: the deflationary burn of the asset itself, So another big
- 4:47Speaker 1: advantage for Suy. I think we're going to see some
- 4:49Speaker 1: big moves on swee. I want to get into the
- 4:51Speaker 1: gaming side of this because there's a lot of announcements
- 4:54Speaker 1: that are coming in on that as well. And we've
- 4:56Speaker 1: talked about the Sweet Playtron device quite a bit. If
- 5:00Speaker 1: you look at the comparison of both what's happening on
- 5:03Speaker 1: the Platron device as well as what is happening with Xbox,
- 5:07Speaker 1: this is where it gets interesting because Xbox just announced
- 5:10Speaker 1: on their game Pass subscriptions. This of course went up
- 5:14Speaker 1: in price, so some people were canceling that, you know,
- 5:16Speaker 1: the servers got overloaded. Xbox generation could be remembered for
- 5:21Speaker 1: one thing great, and that may be the case. If
- 5:23Speaker 1: you look at the cost of these devices eight hundred
- 5:26Speaker 1: bucks Xbox ally x hand Held, even though we haven't
- 5:30Speaker 1: seen the smaller version the only one, or I should
- 5:33Speaker 1: say we've seen the smaller version of the five ninety nine
- 5:35Speaker 1: version because they haven't let influencers or media touch the
- 5:38Speaker 1: other one. So all of that playing into I think
- 5:40Speaker 1: the Suite device could be the winner here. If you
- 5:42Speaker 1: look at the comparison table between the two, it's pretty much,
- 5:48Speaker 1: you know, lockstep within what you're getting. And this is
- 5:51Speaker 1: on the Xbox Allied version, so you can compare. All
- 5:54Speaker 1: the hardware specs are right there, the big one right
- 5:57Speaker 1: there of course, integrated Web three wallet. This was like
- 6:01Speaker 1: five ninety nine, so at the same price as the
- 6:03Speaker 1: Xbox device sold out. And the key was is they
- 6:07Speaker 1: were dropping rewards within this device, similar to what Lana
- 6:10Speaker 1: did with Saga and the Seeker. Okay, remember the phone
- 6:12Speaker 1: that dropped in there. The value of the device was
- 6:14Speaker 1: more worth more than the phone that you purchased, so
- 6:17Speaker 1: kind of the same thing. That's playing out with rewards
- 6:19Speaker 1: right now on this week play ox one. You can
- 6:23Speaker 1: kind of see some of the things that they're air
- 6:24Speaker 1: dropping and or dropping into the device itself. I want
- 6:28Speaker 1: to go to a clip because they break down a
- 6:29Speaker 1: little bit more about the rewards. Take a look.
- 6:32Speaker 4: I'm just logging in right now and seeing what I have,
- 6:35Speaker 4: and the current value of these tokens is one hundred
- 6:38Speaker 4: and forty two dollars and sixty six cents. The value
- 6:40Speaker 4: has dropped a little bit today, so this isn't the
- 6:42Speaker 4: greatest day to look at my wallet.
- 6:44Speaker 1: But rumors that were probably going to see a lot
- 6:46Speaker 1: more rewards starting to play into this or even you know,
- 6:49Speaker 1: hinting on the playtron possibility of issuing a token, So
- 6:53Speaker 1: you can tell this is a very active network. This
- 6:57Speaker 1: is a good example also of the apps that are
- 6:59Speaker 1: active out there, and what we're talking about has been
- 7:02Speaker 1: mini games. Now, mini games have been very popular in
- 7:05Speaker 1: the traditional gaming system sow is building on the minigame
- 7:10Speaker 1: concept one mini game at a time right there, And
- 7:13Speaker 1: this was in reference to a company called place Out
- 7:15Speaker 1: just kind of like the shop of fy mini games.
- 7:18Speaker 1: You can kind of see that's the potential here a
- 7:20Speaker 1: thousand games, zero friction, total control. Right there in terms
- 7:24Speaker 1: of where this market could go. Let's go to another
- 7:26Speaker 1: clip real quick, because this is a Danie talking about
- 7:29Speaker 1: how the Playtron could be one upping the Xbox. Ally,
- 7:32Speaker 1: take a look.
- 7:33Speaker 3: Platroon is going to be the only operating system that
- 7:36Speaker 3: has a native agentic integration. Soon you've be able to
- 7:39Speaker 3: have agents, are be able to finish games for you.
- 7:42Speaker 3: Agents can be able to make orders for you. Agents
- 7:45Speaker 3: can I only just give you information, but I can
- 7:47Speaker 3: also do.
- 7:48Speaker 1: And now remember Talis Labs. This was introducing the agent
- 7:53Speaker 1: versus agent market, and that's kind of what a Danie
- 7:56Speaker 1: is alluding to, is that the element of AI agents
- 8:00Speaker 1: within the gaming ecosystem is real. And other points I
- 8:03Speaker 1: wanted to hit at right here was the gaming functionality
- 8:07Speaker 1: has already been built into this. So all of this
- 8:10Speaker 1: now I think about AI agents in game functionality starting
- 8:14Speaker 1: to work into payments. Now you have devices that are
- 8:16Speaker 1: playing into this. Things start coming around to one eventual
- 8:21Speaker 1: potential future and what could that be? As we start
- 8:25Speaker 1: to see Sweetball nf airdrop that's the next one, Well,
- 8:28Speaker 1: what does that look like guys?
- 8:29Speaker 2: To you?
- 8:30Speaker 1: Yeah, there's a lot of similarities there over here on
- 8:33Speaker 1: the right, and what's happening right now with the Suite device,
- 8:38Speaker 1: because remember the little device can plug into other devices
- 8:41Speaker 1: out there. So interesting times ahead. And we actually talked
- 8:45Speaker 1: about this a little bit because of the acquisition of
- 8:49Speaker 1: a company called Parasol by Suite. Parasol was the company
- 8:53Speaker 1: that was underneath and behind Pokemon Home, which is one
- 8:57Speaker 1: of the reasons I think Swee was looking at this acquisition.
- 9:00Speaker 1: Let me go to this clip. It'll explain a little
- 9:02Speaker 1: bit more.
- 9:02Speaker 5: What's going on with Pokemon Homes. It's an app that
- 9:05Speaker 5: lets you transfer Pokemon from other games to other games. First,
- 9:08Speaker 5: I want to mention something that I've not really been
- 9:10Speaker 5: seeing anyone talk about, which is Pokemon Bank. This is
- 9:13Speaker 5: an app on the three des but it actually works
- 9:16Speaker 5: also with Pokemon Home. It lets you transfer Pokemon from
- 9:19Speaker 5: your three DS to Pokemon Home to use on your switch.
- 9:21Speaker 5: The thing is, though, as far as we know, they
- 9:23Speaker 5: are actually going to shut down Pokemon Bank and make
- 9:26Speaker 5: it unusable at some point. We're getting towards the end
- 9:29Speaker 5: of twenty twenty five though, and right now we don't
- 9:31Speaker 5: know when this app is going to shut down. We
- 9:33Speaker 5: encourage players to transfer their Pokemon to Pokemon Home at
- 9:36Speaker 5: their earliest convenience. Changes will be announced in advance on
- 9:39Speaker 5: Pokemon dot com and elsewhere.
- 9:41Speaker 1: Potentially you've got stable coins, you have Pokemon Bank, and
- 9:45Speaker 1: then you have Sui tied into parasol all of this.
- 9:48Speaker 1: Are we getting ready to see maybe all of this
- 9:51Speaker 1: being put onto the suite blockchain for the future of Pokemon,
- 9:56Speaker 1: That's the real question here. There's still a rumor and
- 9:58Speaker 1: analysis that we're doing in eternally to kind of really
- 10:01Speaker 1: vet this out for the future. If you look at
- 10:03Speaker 1: the chart, of course, we have been climbing dramatically here
- 10:08Speaker 1: just in a short period of time from it's low
- 10:10Speaker 1: right there to where it is right now about eighteen
- 10:12Speaker 1: percent on the last few days, and the likelihood is
- 10:15Speaker 1: that we could continue to see some movement up here,
- 10:17Speaker 1: along with Ethereum and some other tokens that I think
- 10:20Speaker 1: kind of have that validity. If you look at the
- 10:22Speaker 1: coin market cap chart, Swee flips Stellar and is now
- 10:27Speaker 1: starting to take a run at Athena and possibly even
- 10:30Speaker 1: chain Link or hyper Liquid, which all are in that
- 10:33Speaker 1: sixteen billion dollar range, and Swee hovering it around thirteen billions.
- 10:37Speaker 1: So we could see Swee starting to knock on the
- 10:40Speaker 1: door of the top ten tokens in crypto. Can you
- 10:44Speaker 1: guys imagine that of where Swee has come from. So
- 10:48Speaker 1: a lot of stuff out there going on, guys, make
- 10:50Speaker 1: sure and jump into the diamond circle will cover this
- 10:52Speaker 1: in more. And of course you do get a weekly
- 10:54Speaker 1: email coming from me. It's called the Baron Market Edge.
- 10:57Speaker 1: I do things like token suggestions, what I'm looking to
- 11:00Speaker 1: go into, different kinds of projects, different tech that's starting
- 11:04Speaker 1: to apply into the market. And of course catch me
- 11:06Speaker 1: out there on X at Paul Baron. We'll catch you
- 11:09Speaker 1: next time right here at the Paul Baron Show.