Latest / The Paul Barron Crypto Show / $FLOW & Solana Set To Explode NFTs🚀BUY NOW?️🔥
Transcript
- 0:05Speaker 1: The bull run for NFTs may be starting today. We'll
- 0:08Speaker 1: be breaking down what could be the catalyst, So stay
- 0:10Speaker 1: tuned right here. My name is Paul Barre. Welcome back
- 0:12Speaker 1: in the tech path. Let's get into it today. I
- 0:14Speaker 1: do want to thank our sponsor, I Trust Capital. If
- 0:16Speaker 1: you're looking at going into ana IRA, you can do
- 0:19Speaker 1: that in a crypto format and you can do it
- 0:21Speaker 1: over on I trust Capital. Very easy to set up.
- 0:24Speaker 1: The cool thing about this is you can You've got
- 0:25Speaker 1: a lot of flexibility you can do with gold, silver, bitcoin, ethereum,
- 0:29Speaker 1: a lot of alt coins. Check it out. Go to
- 0:31Speaker 1: iruscapital dot com. You can set it up right there
- 0:34Speaker 1: and hold all of your crypto in an IRA earning
- 0:38Speaker 1: value and check out your tax position because we're leaning
- 0:40Speaker 1: into that as well. So use our link down below.
- 0:43Speaker 1: You get one hundred dollars funding reward to get started.
- 0:45Speaker 1: I want to start with a clip real quick, and
- 0:47Speaker 1: this one is the pengu teaser video. And this is
- 0:50Speaker 1: a breakdown because it has a lot to do with
- 0:52Speaker 1: pudge penguins and why that may be a catalyst for NFTs.
- 0:56Speaker 1: Take a look.
- 0:57Speaker 2: It began with the rise. It's a liquidity extracts countless projects, emerged,
- 1:02Speaker 2: yet most succumbed to greed and folly. Using their unbreakable bond,
- 1:07Speaker 2: the pudgy penguins forged a warm light in the cold,
- 1:11Speaker 2: endless darkness, and so they nurtured this egg with their unity,
- 1:17Speaker 2: their strength, and their will to hatch a master quin
- 1:24Speaker 2: one coin to.
- 1:26Speaker 3: Rule them all.
- 1:34Speaker 1: You gotta love NFTs and the dramatization there. Pudgy Penguins
- 1:39Speaker 1: peinga will have a total supply of eighty eight billion,
- 1:42Speaker 1: So it's going to launch on Salona. That's a good one.
- 1:45Speaker 1: And then their tochonomics are kind of interesting because they're
- 1:47Speaker 1: going to roll out on the Salona chain, but they're
- 1:50Speaker 1: also going to distribute across other chains and other NFT projects.
- 1:53Speaker 1: So that's in different way of doing things for sure.
- 1:57Speaker 2: All right.
- 1:57Speaker 1: So one of the things this is a tweet we
- 1:58Speaker 1: put out this is yet he was on the show
- 2:00Speaker 1: not too long ago, and one of the things that
- 2:02Speaker 1: was interesting here is his advancement into the pudgy penguin ecosystem.
- 2:07Speaker 1: He bought some little pudgies, so maybe he was in
- 2:10Speaker 1: the position where he said, hey, maybe the market is
- 2:12Speaker 1: getting ready to start moving again, and our NFT is
- 2:15Speaker 1: ready to go. If you look at what's happened at
- 2:18Speaker 1: the market for the Pudgy Penguin itself, which is probably
- 2:21Speaker 1: the number one collection out there right now, a pretty
- 2:24Speaker 1: significant move right here on floor price from about eight
- 2:26Speaker 1: eighth all the way up to where we are trading
- 2:28Speaker 1: right now, which is right about almost three x of
- 2:31Speaker 1: that almost nineteen eighths, So pretty good number, I think
- 2:35Speaker 1: in terms of growth. And if you look at just
- 2:37Speaker 1: the collections themselves, you're going to see what is the
- 2:40Speaker 1: chain that is starting to grow. Well, one of the
- 2:41Speaker 1: big NFT changes is flow and that has been growing
- 2:45Speaker 1: pretty significantly right there at one hundred and fifteen percent,
- 2:47Speaker 1: So I anticipate that could be a good indicator going forward.
- 2:52Speaker 1: When you take a look at the marketplaces over on
- 2:54Speaker 1: flow also this is flowty the NFT marketplace also climbing,
- 2:58Speaker 1: and this is coming just from January of this year.
- 3:01Speaker 1: You can see the expansion of where we are right now,
- 3:04Speaker 1: so floating volume right now on sales six or two
- 3:07Speaker 1: k five point two million. Again, this small market right now,
- 3:10Speaker 1: I anticipate we're going to see some pretty big news,
- 3:12Speaker 1: all right. Furthermore, I want to get into another clip.
- 3:15Speaker 1: This goes a little bit further on how to bring
- 3:17Speaker 1: this mainstream, and this is vitallic and also Dieter who
- 3:21Speaker 1: is with flow that breaks this down. Take a look.
- 3:24Speaker 4: It sounds silly, but I think, well, I think I
- 3:27Speaker 4: think the point is is that we often aren't silly enough.
- 3:29Speaker 4: Obviously I'm the Crypto Kitty guy, so you could talk
- 3:32Speaker 4: about simplicity. But that's the thing is, I think that
- 3:37Speaker 4: sometimes it is too simple. It's very straightforward and look
- 3:40Speaker 4: like like we're sitting next to a guy who has
- 3:42Speaker 4: cats on his bags. We're all here because of a
- 3:44Speaker 4: guy who likes cats on his bags. So I think
- 3:47Speaker 4: we should we should try and find a lot more
- 3:48Speaker 4: whimsy in what we're.
- 3:49Speaker 5: Doing, something that appeals to noncrypto users without like sacrificing
- 3:53Speaker 5: the points of being a crypto application.
- 3:55Speaker 4: Right, the three weeks after Crypto Kitty's launched, were you know,
- 3:58Speaker 4: some of the biggest the largest number of meta mask
- 4:03Speaker 4: installs in its history.
- 4:05Speaker 5: Yeah, I mean, I think you know fully agree on
- 4:08Speaker 5: all of those things. And then to install the app
- 4:10Speaker 5: you have to already have meta mask, and then like
- 4:12Speaker 5: your conversion goes down by a factor of like five
- 4:15Speaker 5: or you tell me whatever the number is.
- 4:16Speaker 4: Right T seventeen, it was like one hundred.
- 4:19Speaker 5: Okay, yeah, I mean this is where like Dan Finnway's
- 4:22Speaker 5: work around, like accounts delegation. I really appreciate it, right
- 4:26Speaker 5: because it feels to me like the ideal approach is
- 4:28Speaker 5: that if you don't already have wallet, the app gives
- 4:31Speaker 5: you a wallet.
- 4:32Speaker 6: All right.
- 4:32Speaker 1: So a couple of points there that they were making
- 4:34Speaker 1: is that when you look at Crypto Kitties and just
- 4:37Speaker 1: the you know, the explosion it had and the impact
- 4:40Speaker 1: it had on meta mask, maybe that is what we're
- 4:43Speaker 1: about to see with Flow. Are they in that kind
- 4:46Speaker 1: of position in this cycle, because they're going to have
- 4:49Speaker 1: not only that, but a handful of NFTs out there,
- 4:53Speaker 1: and we'll break these down for you guys. They could
- 4:55Speaker 1: really be impacted here. So remember NFT still could get
- 4:58Speaker 1: a good lift in the market. I don't know if
- 5:00Speaker 1: you guys are going that direction. If you look at transactions,
- 5:03Speaker 1: what you're going to see here is an explosion as
- 5:07Speaker 1: they've migrated to EVM, and that in itself starts to
- 5:11Speaker 1: benefit these change and I think that's what Flow has
- 5:13Speaker 1: been able to do. If you look at this next chart,
- 5:15Speaker 1: you're going to see the EVM and cadence. Look at
- 5:18Speaker 1: the EVM transactions here. The rest of that is cadence,
- 5:22Speaker 1: So all that is flow. So again, transactions over time growing?
- 5:26Speaker 1: Could flow be really on the brink of something big?
- 5:30Speaker 1: I want to go to another clip real quick. This
- 5:31Speaker 1: one is why EVM on flow is the holy grail.
- 5:34Speaker 6: Take a look.
- 5:35Speaker 3: The solutions to Ethereum's issues being presented by others in
- 5:39Speaker 3: the industry, in our eyes, fell short of what's needed
- 5:42Speaker 3: for mainstream consumer adoption of Web three like sharding and
- 5:46Speaker 3: layer twos, EVM on flow enables EVM developers to deploy
- 5:51Speaker 3: their existing applications and smart contracts to flow with absolutely
- 5:55Speaker 3: no code changes required, enabling developers on flow to deliver
- 6:00Speaker 3: gas free EVM transaction experiences for their users. Today, Flow
- 6:04Speaker 3: is trusted by the world's best mainstream consumer brands like
- 6:09Speaker 3: the NBA, NFL, Disney, Ticketmaster, and more to deliver Web
- 6:14Speaker 3: three experiences for their consumers. EVM apps on flow can
- 6:19Speaker 3: now scale to billions of users.
- 6:21Speaker 1: Upside is unlimited, so that that in itself so contract
- 6:25Speaker 1: cadence on EVM deployment over time still climbing this. I
- 6:28Speaker 1: think gorse looks like TVL might be coming for Flow
- 6:32Speaker 1: as a whole. Another thing to look at, and remember pinnacles.
- 6:35Speaker 1: We talked about this one not too long ago, but
- 6:39Speaker 1: this is by Dapper Lab again Flow that they announced
- 6:41Speaker 1: their limited time early access on these pins and this
- 6:44Speaker 1: is part of the Disney strategy. Now, remember Disney's been
- 6:48Speaker 1: trying to put together a strategy for quite some time
- 6:50Speaker 1: around Web three. This might be the one that actually
- 6:53Speaker 1: sets an in stone for over there. One other thing
- 6:56Speaker 1: on Flow is the amount of interaction that they're trying
- 6:59Speaker 1: to generate it. This is just showing some of the
- 7:01Speaker 1: quests that you can go through to earn you know,
- 7:03Speaker 1: different functioning, to swap you know, you can do LP,
- 7:07Speaker 1: you can stake, et cetera. This is kind of the
- 7:09Speaker 1: tool set. You're going to see things in their pinnacle
- 7:11Speaker 1: right there. Increment which is their DeFi, there's NFL all Day,
- 7:15Speaker 1: et cetera. All those and then pumped off Flow and
- 7:18Speaker 1: even Kiddie Punch which is their new ecosystem there. And
- 7:21Speaker 1: what does that mean. Well, when you're getting those rewards now,
- 7:23Speaker 1: it's actually going to real world items. And these are
- 7:26Speaker 1: the kind of things that Flow is rewarding. They're holders
- 7:29Speaker 1: with so pretty big I think for people to really
- 7:32Speaker 1: kind of pay attention here. The other thing that goes
- 7:34Speaker 1: into this is maybe where is the direction heading around
- 7:38Speaker 1: where Web three could adopt and if flow is in
- 7:41Speaker 1: the right place at the right time, could there be
- 7:43Speaker 1: some significant connections here. Here's Bob Eiger and Chris Dixon
- 7:48Speaker 1: take a listen.
- 7:49Speaker 6: Well, I'm excited about Web three point zero developments. If
- 7:52Speaker 6: you look at Disney in twenty sixteen, the movie theaters
- 7:57Speaker 6: on the customer for all of our movies, but the
- 7:59Speaker 6: tickets were being sold by fandango and movie theaters. We
- 8:02Speaker 6: had no idea who was watching our movies. Then we
- 8:05Speaker 6: put the movies on cable and satellite and Netflix, we'd
- 8:09Speaker 6: know who was watching. In there, We'd sell consumer products,
- 8:12Speaker 6: We'd sell thousands of Spider Man costumes for Halloween. Walmart
- 8:16Speaker 6: and Amazon would know who the customers were. Other than
- 8:19Speaker 6: our theme parks. We had no customer relationships. Star Wars fans.
- 8:23Speaker 6: My goodness, how passionate are they. We had no idea
- 8:26Speaker 6: who they were. So I thought, okay, we're losing. There
- 8:28Speaker 6: is a value proposition there that were not participating. By
- 8:32Speaker 6: the way, that lack of measurement of success also transfers
- 8:37Speaker 6: to the creative community. How does a director know or
- 8:39Speaker 6: team know their movie is successful or not it reverberates
- 8:43Speaker 6: throughout is very very hard. I know that if we
- 8:46Speaker 6: control it, then the customer will be ours and we
- 8:50Speaker 6: can create a deeper, more intimate relationship with them.
- 8:53Speaker 2: You had this very strong belief that content trump's all
- 8:57Speaker 2: tech everything, the.
- 8:58Speaker 6: Creative side, the technology side, and says, give me the
- 9:02Speaker 6: tools to do this for my story. And interestingly enough,
- 9:06Speaker 6: Walt Disney proved that in ways that were so obvious
- 9:09Speaker 6: to us.
- 9:10Speaker 1: So it looks as though Iger is now drinking from
- 9:14Speaker 1: the Web three kool aid because he's understanding this does
- 9:18Speaker 1: really kind of break the mold that has been out
- 9:20Speaker 1: there where a lot of this connectivity to the consumer
- 9:23Speaker 1: has never been capable. Now we know that Web three
- 9:25Speaker 1: is capable of doing that and probably setting these brands
- 9:29Speaker 1: into a whole new era of how they're going to succeed.
- 9:32Speaker 1: So kudos to him for the fact that he understands that.
- 9:35Speaker 2: Now.
- 9:36Speaker 1: I wish more would kind of see where the writing
- 9:38Speaker 1: is on the wall. Of course, if you look at
- 9:40Speaker 1: some of these, this is a Disney and a Hasbro
- 9:42Speaker 1: exec Jim Simon Waters he's joined the Clanosaur's team, And
- 9:46Speaker 1: of course that I think is interesting because if you
- 9:49Speaker 1: think about what Iiger just said, the content is king,
- 9:53Speaker 1: and maybe the content is king on things like clanosaurs
- 9:57Speaker 1: and some of these other NFT collections if they're starting
- 9:59Speaker 1: to migrate to these so pretty big moves out there
- 10:02Speaker 1: right now in the market. Planet Source continues with their strategy,
- 10:06Speaker 1: which is they just unveiled Staking. A lot of different
- 10:09Speaker 1: content here, includes the episodic content, we've got gaming coming
- 10:13Speaker 1: up next year, the apparel e merch So this is
- 10:15Speaker 1: another one of those collections that I think is bridging
- 10:19Speaker 1: in the gap in terms of IP which is digital
- 10:23Speaker 1: to physical, so big deal because Pudgie Penguins has been
- 10:26Speaker 1: able to do that as well. I'm going to go
- 10:28Speaker 1: to this next clip, which we'll get into the fact
- 10:30Speaker 1: that Staking has been revealed.
- 10:32Speaker 6: Take a look.
- 11:13Speaker 1: One thing that is going to happen, I think is
- 11:16Speaker 1: the fact that their most likely clanosaurs are most likely
- 11:18Speaker 1: going to get the air drop of pengu So that's
- 11:21Speaker 1: one of the things. What you're seeing on screen here
- 11:23Speaker 1: is just one of the mobile device games, So again
- 11:26Speaker 1: going to be an opportunity here. I think of a
- 11:28Speaker 1: lot new a lot of new opportunities within the clanosaur's ecosystem.
- 11:32Speaker 1: So check that one out for sure. Going back to
- 11:34Speaker 1: flow real quick, this is the scriptable interactions without smart contracts.
- 11:37Speaker 1: This is one of the uniquenesses of flow. And we've
- 11:39Speaker 1: made a prediction quite a while ago that this would
- 11:42Speaker 1: most likely hit the restaurant industry. This is an example
- 11:45Speaker 1: of chips and salsa with Chipotle that potentially could go
- 11:49Speaker 1: in and say, well, these are the conditions that have
- 11:51Speaker 1: to be in place for this transaction to go through.
- 11:54Speaker 1: Imagine that in all sorts of different areas, maybe even
- 11:57Speaker 1: AI agents, et cetera that could play in to this.
- 12:00Speaker 1: That's where the power of flow really comes in. And
- 12:03Speaker 1: I think a lot of people are starting to understand that.
- 12:06Speaker 1: You look at increment, this is of course staking. And
- 12:09Speaker 1: you look at the scenario that's happening on staked flow
- 12:12Speaker 1: right now, this is liquid staking right around twelve million.
- 12:15Speaker 1: And then of course if you look at the growth
- 12:16Speaker 1: of where it has come from, what was that five
- 12:18Speaker 1: percent and then moving up to where it's almost ten
- 12:20Speaker 1: percent now so nine point eight nine, again very positive move.
- 12:24Speaker 1: You can see the chart here. All of this very
- 12:26Speaker 1: good and bullish for flow as a whole. Last up
- 12:29Speaker 1: here is what's happening in the new decks, and that
- 12:32Speaker 1: is Kitty punch. This is the Flow decks. You can
- 12:33Speaker 1: kind of see it's brand new, So volumes are low
- 12:36Speaker 1: right now, but I think we're going to see some
- 12:37Speaker 1: explosion here around meme tokens and you can kind of
- 12:39Speaker 1: see some of the availabilities. Another thing here on this
- 12:42Speaker 1: last tweet right here, no gas fees, no MeV attacks.
- 12:45Speaker 1: Of course, when you're doing this now, this changes kind
- 12:47Speaker 1: of the architecture. What it does mean is that you're
- 12:50Speaker 1: going to see a lot of memes that are going
- 12:52Speaker 1: to start to really start to percolate on Flow and
- 12:55Speaker 1: without the risk that you typically see on some other chains.
- 12:58Speaker 1: So that's another reason to kind of take a look
- 13:00Speaker 1: at we're flow, and it might be the reason why
- 13:02Speaker 1: we've seen such a move on flow, which is up
- 13:04Speaker 1: like forty percent over the last few days. So pretty
- 13:06Speaker 1: good movement out there.
- 13:08Speaker 6: Isn't the end.
- 13:09Speaker 1: I think this is just the beginning of both NFTs.
- 13:12Speaker 1: We'll see where flow goes from here. Make sure and
- 13:15Speaker 1: dive into the diamond circle. It's a great place to
- 13:17Speaker 1: get additional content and also If you're not subscribed to
- 13:20Speaker 1: the show, do it right now. Just click that little
- 13:22Speaker 1: subscribe button, hit the notification bell that's going to give
- 13:25Speaker 1: you notifications when we go live. Follow me out there
- 13:28Speaker 1: on x at Paul Baron. We'll catch you next time
- 13:30Speaker 1: right here on Techpath