Latest / The Paul Barron Crypto Show / Solana & Avalanche vs WallStreet Monopolies | Swifties Incoming!

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Solana & Avalanche vs WallStreet Monopolies | Swifties Incoming! · The Paul Barron Crypto Show

• 0:07
  Let's go into Web three and whether or not we'll see trillions potentially moving into
• 0:12
  these markets through a couple of tokens. That will break down for you guys
• 0:15
  today. You don't want to miss it because it will be a big reveal.
• 0:18
  My name is Paul Barren. Welcome back into tech path. Let's go
• 0:21
  into it. I want to start first with a few things that have been
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  somewhat indicating a change, as you guys know, all right, so let
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  me go to this first story, and this is talking about Wall Street really
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  changing the model of how settlement is going to be done. This actually begins
• 0:38
  today. US trading on Tuesday moved to a short, shorter settlement cycle for
• 0:43
  securities and transactions. So this obviously puts investors in a better position. Remember
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  there's been this T plus two, which is transaction plus two days. They're
• 0:53
  now going to this T plus one concept. Mainly, this has been focused
• 0:57
  around the twenty twenty one trading frenzy of game Stop, which highlighted the need
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  to reduce the counterparty risk. Now we know that this is going to be
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  the case. However, even Gensler says shortening the settlement cycle will help the
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  markets because time is money and time is risk. But there are some issues
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  with this and they're expecting some slowdown in transactions at least in the interim,
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  which could be who knows how long. That being said, what it does
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  highlight here is that transaction and settlement speed is very key. This is pretty
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  much the number one thing that blockchain starts to do. So when you think
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  about speed, because speed of transaction, you got to look at Solana.
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  This is something that's going on right now with Jupiter, which is the giant
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  unified market initiative. You'll notice that with Jupiter there's a lot of things that
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  are playing in there. Let me kind of zoom in on that that stocks
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  right there. Did you know that you can actually be or could have actually
• 1:51
  been trading stocks on Solana during all of this? This is a good example
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  during the game stop Frenzy Dinari right here pushing and this is the ability to
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  trade right there within the ecosystem of Solana. This is the kind of thing
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  that we'll probably see more of in terms of just transactions ecosystems starting to shift
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  over into blockchain and speed. Speed is the key, and this is something
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  that I think we are going to continue to look at as a really maybe
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  the contributing factor how blockchain starts to integrate into Wall Street. Here's a good
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  example right here. All D shares are expected are one to one backed,
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  no exceptions. And remember Denari is now a US based registered SEC transfer agent,
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  so this is already approved out there on the SEC. So one thing
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  that you have to consider is that Jupiter is looking at tokenization pretty much everything.
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  So the question will be is how long will we start to see the
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  Nari trade on Jupiter. Here's a clip so that actually brings in the question
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  when Jupiter, you know, when Mail's got one on the bridge? Let's
• 3:01
  go when. So you're super busy, like right today, I'm looking Yeah,
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  end of summer, I think we can, we can, we can
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  drop it in after where right now we're doing a big upgrade to our to
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  our orders to make them much more efficient, and then we'll go got it,
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  got it. But it's almost too late, man, when I like
• 3:22
  that of summer too late. Remember, as we start to see much of
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  this transition and really kind of reformat how the financial markets will work. One
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  thing that is unique and different about Wall Street and what you see, especially
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  in these decentralized markets. Is this right here? Look at the size of
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  this now voting right now, unique address is almost half a million. So
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  this is much more decentralized and also much more inclusive, so you don't have
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  to be you know, Wall Street has pretty much been a very exclusive category
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  of financial uh and independence out there. This is starting to change. I
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  think this, of course, would be a big opportunity for the future where
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  we're going to see this go. Another clip I want to get into is
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  shifting over into more decentralized systems now. Part of one of the things that
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  we've talked about before is ticketing. Ticketing is one of the biggest ones out
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  there in terms of opportunity. Here's a clip talking about the DOJ and ticket
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  Master. Listen in we alleged that Live Nation has illegally monopolized markets across the
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  live concert industry in the United States for far too long. It is time
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  to break it up. Ticket Master can impose a seemingly endless list of fees
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  on fans thirty four dollars for a pair of tickets, just over forty two
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  dollars in fees in other countries where venues are not bound by Ticketmasters. Exclusive
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  ticketing contracts, fans see lower fees and more innovative ticketing products as a result.
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  Arizona, Arkansas, California, Colorado, Connecticut, the District of Columbia,
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  Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada,
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  New Hampshire, New Jersey, New York, North Carolina, Ohio, Oklahoma,
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  Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas,
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  Virginia, Washington, West Virginia, Wisconsin, and Wyoming. They join us
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  today in filing this important and historic case. Thank you, Why did you
• 5:28
  join the DOJ? Complaint? Brian? Trillions trillions of dollars each year are
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  spent in entertainment and billions of dollars on concert tickets. This is a universally
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  despised and I haven't been recommending the stock for one particular reason because I just
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  think they're like the best goalger in the world. I mean, it's been
• 5:46
  a great stock because they've gotten away with everything, how terrific. So we
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  all know and understand kind of the dynamics behind ticketing. It's one of the
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  big challenges out there in the market. It also affects artists and artist's share
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  of revenue. If you think about projects that have had recent movements up,
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  we have to look to Audius. Audius of course popped over this last seven
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  day period, and I would say for some of this because of the DOJ
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  lawsuit with Ticketmaster, and the idea is that artists are going to get bigger
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  shares of this. And of course the fees have been the biggest challenge that
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  we've seen out there for quite some time, and I think this could be
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  the undoing of Ticketmaster. Now whether or not blockchain will be the solution is
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  still a question mark. But we have a lot here that will identify this
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  could be the first step in the right direction. Here's another clip on Congress
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  versus Ticketmaster. In Congress, we're finally starting to introduce bills to put the
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  fans first, and that includes my bipartisan legislation with John Cornyn and finally do
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  something when it comes to transparency so the prices can't increase. Well, the
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  fans are buying online. You're talking about the Fans First Act, which you
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  say would increase the transparency in the ticket sales with for tech consumers from overpriced
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  tickets. Yeah, overpriced tickets, and I think a lot of the artists
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  out there are in a very precarious situation right now because remember Ticketmaster is a
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  lifeblood to them and their concerts. Now you have to think about artists.
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  Then you're going to go to the biggest one out there, which is Tedder
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  Swift and her position around what this might mean, because this is putting maybe
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  these artists in a little bit of a unique position with Ticketmasters. So listen
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  into this next clip so you might remember back in twenty twenty two, tickets
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  for the Taylor Swift Tour when on sale, Taylor herself took ticket Master to
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  task, saying and I quote, it's truly amazing that two point four million
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  people got tickets, but it really pisses me off. And that's Taylor's words
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  that a lot of them felt like they went through several bear attacks to get
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  them. Some of the most vocal musicians yesterday when this was announced, people
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  who took on Ticketmaster, like Bruce Springsteen, Taylor Swift, Eddie Vedder of
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  per O Jam, they didn't say anything. Now, I've spoken to other
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  musicians who were afraid to go on the record for fear of reprisal. So
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  as you can see, maybe there is some fear there, and of course
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  this really kind of changes the dynamic because this would mean that we could see
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  a complete different kind of ticketing system out there. Here was a tweet that
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  we discovered, and I'm going to need your help on this because this is
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  interesting. So back in twenty three, there was rumors Swift would soon accept
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  Salona, let me kind of zoom in on that for you to let the
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  fans buy concert tickets, et cetera. So Taylor was kind of looking at
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  they were looking at this particular case right here around a T shirt that was
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  recently caught on her. Now that's the question right now, because remember this
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  actually came from a video that we did on Taylor Swift. Well, more
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  importantly, Ticketmaster being potentially replaced by a blockchain solution, and then of course
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  this comes out. I just don't know if this has been photoshopped or not.
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  I'd love to get you guys just to help us out there. Is
• 9:05
  this a real meme that we're starting to pick up And I'll show you something
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  else here in a second. You look further into X, Well, here's
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  Kaitlyn Jenner. Remember Kaitlyn Jenner launched the Jenner token Jenner comes out, You've
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  got them tweeting about it and then retweeting there's this Salona summer again. So
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  what does this meme? Is it real? I we're still trying to figure
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  out if this is something more of a meme than it is an actual strategy
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  or is it That's going to be the question. I think that a lot
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  of people would look at because tickets are going to be a huge industry.
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  You heard the number there, billions in sales, trillions in overall value in
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  terms of what's happening out there, all right, So when you look at
• 9:46
  some of the markets that are out there, this is a secondary market on
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  Salona called XBee dot xyz. She's already on not her personally, but her
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  tickets already on there. Remember that a lot of people still looking towards Solana
• 9:58
  as being the potential here for the blockchain around decentralized ticketing. But in reality
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  we look at a different project and that is Avalanche. Avalanche could really be
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  the winner here. A couple of things to keep in mind here Sports Illustrated.
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  I want to show something here on this ad right here, So this
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  is every NFL game. This of course is talking about SI tickets. But
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  notice where it says other sites charge up to thirty percent fees. Listen,
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  they're talking about ticket Master there, okay, and tickets are now on sale
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  for all NFL games. You can get over to SI tickets, So guess
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  what, zero fees. This is all riding on Avalanche. So this is
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  one of the reasons that we could see a lot more of this if you
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  go further into this. Looking back at twenty twenty three, the best decision
• 10:41
  we made transitioning to Avax strategic move revolutionizing operations, and they're talking about launching
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  what will be an upcoming ticks chain subnet. So this starts to move more
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  ticketing on chain for Avalanche. And everybody understands if you've watched our shows.
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  Long subnets are kind of the magic sauce that Avalanche brings to the game,
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  all right, So kind of to attack this, you still need venues.
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  Venues, of course, are a big part of this. This is Coachella,
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  the Portuguese version of it. But the idea is is that this is
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  happening all around the world. You need the venues to complete kind of the
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  cycle here, and this is one of the biggest ones out there. So
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  again also writing on Avalanche. Another tweet right here, this of course was
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  Avalanche talking about Sports Illustrated ticks. Ticket gives you an event organizers the opportunity
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  to transform ticketing with guess what loyalty rewards. Now, this is another big
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  area that we've talked about many times on the show that Avalanche could be the
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  loyalty chain. It could be the chain that starts to replace the whole ticketing
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  infrastructure because you need that complete transparency between what's happening out there in the space
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  to be able to kind of avoid what we're seeing around these fee problems,
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  which is why the lawsuits are taking place. So all of this does point
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  to Avalanche is potentially the one to be in the hot zone here. Another
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  thing I want to go to is a clip that John wu did and this
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  is two years ago talking about ticketing and Avalanche. Listen it. I'm going
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  to make my own prediction. We're going to go into a part of web
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  three that I call hyper tokenization. Dave maybe using Ticketmaster and I'm on stub
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  Hub. We may not even discover that there is a market for the Tomorrow's
• 12:28
  ball game. So either I or he have to change platforms to make sure
• 12:33
  this trade happens. I'm going to spare you all the details of the supply
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  chain. Just trust me, it's complicated, it's full of friction, and
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  we're both going to pay for it. When hypertokenization actually happens, what we're
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  going to see is things that we haven't even imagined today will happen. Although
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  it's actually beginning. There's a company called Audius, so these artists now can
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  actually post their song on the platform. The listeners or the users can buy
• 13:05
  audio tokens, and with these audio tokens, they can download the songs to
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  listen and to interact with the entertainers. The entertainers now have a direct pipeline
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  of fan engagement. Now the benefits continue. It's not just for creators and
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  users, for businesses as well. There are blockchains like Avalanche where there's instant
• 13:26
  finality. When you have instant settlement, what you're doing is unlocking trap capital.
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  Trap capital is effectively money in transit waiting for counterparties to validata transaction actually
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  happened. It is a world where because my kids love chainsmokers and I like
• 13:46
  chain smokers, I can actually go search for their next album I'm brave,
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  and by searching I will receive the basic attention tokens and then use those basic
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  attention tokens, move it to the avalanche DeFi ecosystem, swap it for audio
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  tokens, and then use those audio tokens to pay the chainsmokers to listen to
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  that song. Definition of GDP is money supply times of velocity of money.
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  You're actually increasing economic growth. Who wouldn't want to increase economic growth? That's
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  a lot I just said. Yeah, So if you're new to crypto in
• 14:30
  general, I mean, some people would look at it and says, God,
• 14:31
  that's just too complicated. The idea is that this will get some more
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  simplistic, more simplistic, especially as it starts to attack some of these bigger
• 14:39
  markets. Now, when you think about bigger markets and potential chains that could
• 14:45
  be affected by this, you also have to look at mobile. Here's an
• 14:48
  example, T Mobile acquiring US Cellular Operations. This is also building on all
• 14:54
  of this. Now, many people would look at Helium and saying, well,
• 14:56
  Paul, there's a blockchain version of this out there that is capable of
• 15:01
  going that direction. Sure there is, but what if there were more?
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  What if there were more out there that could be moving in this direction.
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  This would only do what everybody's been wanting to do, and that is get
• 15:09
  everything decentralized, make it better for the consumer, make it better for operators
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  in general. So let me go to this clip. This is a brand
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  new clip of John wu talking about mobile listening. We all know Helium Wi
• 15:22
  Fi network that allows you to share your access broadband capacity. Alva Lanch will
• 15:28
  have a similar project come aboard very shortly. I wish I can tell you
• 15:33
  more about it, but not yet. Just follow me on Twitter or LinkedIn
• 15:37
  and I'll be talking about it very shortly. All right, So this was
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  just recently done. That was at the Verizon center. Does that mean something
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  tied into Verizon. I don't know. There's a lot of speculation as to
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  what this is going to look like on Avalanche, and again remember Helium on
• 15:54
  Salona, So there's some potential opportunities here for sure. So again, the
• 16:00
  idea around decentralizing many of these control centers, especially around entertainment, especially around
• 16:07
  artists. What we've seen in the market out there, that's I think NFTs
• 16:11
  have been a perfect example of that. I'm going to go back and review
• 16:17
  a video that we did with Hadera. Now this was done with mans Harmon.
• 16:22
  I think it was probably a couple of years ago, and we talked
• 16:25
  about this very issue. Listen it all right, who could play into that
• 16:29
  as maybe another governance member? And I look to Netflix and this is a
• 16:34
  good example. Here's Netflix's gaming charts on their catalog in terms of downloads.
• 16:40
  So it's likelihood that we're going to see gaming. They need enterprise services.
• 16:44
  So I'm just thinking this is a good natural fit. Guys, it's a
• 16:48
  good fit. No, I'll take that note, all right. So we
• 16:53
  were having fun with Manz there and that it would be a good fit.
• 16:57
  But if you remember that chart that we were showing, it was somewhat flat,
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  right, That was in twenty twenty one. Here on twenty twenty four,
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  this is the Netflix glob Global gaming download So this right here is where
• 17:08
  it was. All right, let me kind of zoom out on that right
• 17:11
  there. There's January twenty two. So back at the backside of that,
• 17:15
  we were under that two million mark. Now we're at nine point five million
• 17:19
  downloads. This is just looking at the monthly November twenty one to twenty three
• 17:23
  comparison. So a big deal here because this also goes into an opportunity that
• 17:30
  again gets back into gaming, entertainment, artists, creators, all of that
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  all tied into I think the future. I want to end up with a
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  clip here that talks about Netflix possibly and a connection with Avalanche. Listen in.
• 17:45
  But we are working with a partner called feature do Io that actually does
• 17:48
  have a partnership with Netflix, and if you watch the series Love Death and
• 17:55
  Robots, they will automatically stream NFT collect as rewards for just sitting there and
• 18:02
  watching the show. So they are creating partnerships with platforms like Netflix and maybe
• 18:08
  YouTube. All you do is sit there, do what you do, watch
• 18:11
  what you watch, and then you're going to get reward points by watching trailers,
• 18:17
  music video shows or whatever. All right, so good timing again,
• 18:21
  Avalanche could be queuing up here in a lot of entertainment zones. This is
• 18:25
  a good example of loyalty in the entertainment space. In that clip right there
• 18:29
  at the very beginning, you may have caught it and you can kind of
• 18:32
  scrub back to the video there. You saw Coachella was in there, and
• 18:34
  we showed a little bit about that. But there's loyalty, quest etc.
• 18:38
  That create that fan experience. This is something that we talked about so many
• 18:41
  times, and really the question has always been what chain would be the one
• 18:47
  that really kind of wins here. Well, based on what we're seeing right
• 18:51
  now, this could be a huge win going in the direction of avalanche around
• 18:56
  decentralized and also the idea of tokenized assets, loyalty, and then of course
• 19:03
  what we're seeing in the entertainment space, all that kind of coming together at
• 19:06
  one time. So make sure and stay tuned right here. We'll continue to
• 19:10
  cover things like this for you. If you're brand new to crypto, make
• 19:11
  sure and hit the subscribe button right now. That's the best way. Also,
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  that right now. It's a great place to go for additional content. I'll
• 19:23
  drop some links down below where you can get into that. Catch me on
• 19:26
  X it's just at Paul Baron. We'll catch you next time right here on tech Path