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June 8, 2024

Summary

Will and Iman discuss Roaring Kitty's return discussing the value of meme stocks and why a goal helps motivate and propel meme value capturing the attention of every day people. They discuss the components that make a meme successful and uncover the intricacies required for attention to spread. AI is another topic continuing to make progress that will impact everyone. Could it be the next technological wave that affects every business that exists? Predictions for the next market cycle is always a natural talking point as they rationalize what they think is going to happen next. Finally they discuss the importance of keeping up with the Youtube game with clickbait. Why sometimes its a necessary tactic to capture the most attention while at the same time bring value to the viewer in a responsible way.

206

Summary

Since the release of the UNAT addition to the DMT framework about 6 weeks ago, Natcats have taken the NFT space by storm by introducing for the first time a truly unique value proposition to the digital asset space. Ev, founder of Natcats was the first to deploy an art collection that fully utilized the Unique Non-arbitrary Token framework. This enables the digital asset supply existence and the artistic characteristics of the art itself to be solely determined by block data.

Up until now all NFT art collections have had arbitrary supplies, largely in the realm of a 10k supply which was a market narrative set forth by Cryptopunks in the early days of NFTs. Now, due to the introduction of DMT, non-arbitrary digital asset genesis can be produced by the Bitcoin blockchain itself by leveraging existing NAT frameworks and clever utilization of inscription native technologies such as recursion. Since the deployment Natcats has generated more than 500BTC in secondary market volume and is quickly gaining awareness among some of the biggest NFT players who are desperately seeking new innovations in the digital asset space. We break down with Ev his experience since launch and his motivations behind the creation itself, as well as future plans.

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205

Summary

We went on a bit of a rant during this podcast episode, getting into many facets of conversation. We discuss the importance of EV’s contributions as a founder in the UNAT ecosystem and the impact he has made toward showcasing ecosystem viability in the DMT space. After this we go into a discussion on our own founder experiences and the exhaustive requirements needed in order to achieve significant goals. Referencing advice from Jensen Huang, the ability to endure suffering and pain during the toughest points of a founder experience is the determining factor for success. We reflect on this message and process all of the ups and downs of our experience in crypto as we celebrate crossing the 20k subscriber mark.

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204

Summary

The world of Bitcoin grows more complex by the day and it can become challenging to know what are the true gems among the pack of developments. This is Jason Fang’s specialty as he leads the most notable VC fund in the Ordinals space. This is proven by his investments into Metagood (OnChain Monkey), TAP Protocol, Liquidium, and others. We discuss how to identify the major Ordinal market players that are worthy of investment and how the Layer 2 ecosystems to Bitcoin are massively over hyped despite their ease of acquiring investor interest. We break down the core technology of TAP and why it was chosen to support the Karma ecosystem over other token protocols like BRC20. Also, what are the expectations around Runes come Bitcoin halving.

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203

Summary

Ordinals have attracted so many new innovations in the digital art space as well as the metaverse and fungible token space. However, a new sector is emerging in the Decentralized Science space and Morgan Rockwell of Mycosoft is bringing a truly unique application to the Bitcoin Ordinals space. Mycosoft is embedding real world mushroom DNA onto Bitcoin through the utilization of Ordinal inscriptions. We discuss with the founder the intentions behind this and what future implications around this are. We also discuss with the guest of this show the parallels between Digital Matter Theory and the DNA application behind this initiative. Element registry and DNA registry through the utilization of Ordinals introduces open source data sets for creator communities, whether digital or scientific to leverage in future application use.

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202

Summary

We unpack the intricacies of crypto and meta protocols with Chad Master and Danny from Motoswap. They delve into the limitations of BRC 20 tokens and how the new CBRC 20 standard offers improved functionalities and user experiences.

The conversation covers Motoswap's innovative approach to replicating the mechanisms of Uniswap but on Bitcoin, the crypto community's propensity for price gains over protocol purism, and the influence of cryptocurrency philosophies on new developments like Ordinals.

Our guests address the challenges of liquidity, token transfer efficiency, and the need for better developer tools to propel the ecosystem forward. They discuss how Motoswap aims to overcome BRC 20's limitations, boost liquidity, and improve the crypto user experience.

The episode also entertains the potential impact of Bitcoin's market performance and the importance of infrastructure for decentralized meta protocols. Danny emphasizes running Ethereum scenarios on CBRC 20, the possibilities of Bitcoin's mempool for scaling solutions, and the future of crypto moving beyond its 'casino' beginnings to more diverse economic applications.

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