 We'll go a little Q&A. All righty, let's see here. Oh, yes. Carmanji says, what about NIR? What about NIR? That's a great question. Let's take a look. That was one I actually did want to take a look at. And of course, let's see. First of all, how far down is NIR? No, it's right there. Number 22, so NIR protocol, profile, token economics. Oof, well, private sales, one, two, three, four. So you know that if you're in a private sale, you're a private and credit investor, especially in the United States, which is how it is. And if you're even available for that or you have some reach around, reach around, you have some alternative options and then go from there. So the community sale was August 2020. This, the funding rounds from NIR was 2017, 18, 19, and 20, and there was one, two, three, four, five of them. All right, so that's a lot. Oof, this is not looking good. So, oh, this is not looking good at all. So May right here, over time, I think that 2022 is kind of a shot year, in all honesty. I don't think there's a lot of, there's some gains to be made. If you're a trader, this is like heaven for you because there's so much volatility. But if you see this, it's pretty steep. This liquid supply curve. And yeah, it's going up. Actually kind of falls off. You know what's funny? It falls off towards the end of the year and kind of gets a little bit more flatter. But it is what it is. And there's a lot of, oh man, let's see. Let me go back. It doesn't really break it down, but that's, let me see. Ah, here we go. If you do a drop down, this is how much they raised. 219, initial venture, the percentages, the percentages. Ah, here we go. Right inflation, I gotta tell you though, staking rewards make up a quite a hefty amount. What's the biggest one? Well, the community sale was 18. Community sale A was 18%. Community sale B and C were five and three. So 23, 20, that's about a quarter. Series A, A, A wasn't even one. Seed investors, oof, I don't know about this. Early ecosystem was over 36, 50% early ecosystem. Foundations, core team zero, operation grants, community grants, it's not bad. But the early ecosystem, that's something to watch, 50 million. But I mean, near it could probably do pretty well. It's just, just look at the lockups. And then, and the thing is, is that like all this stuff that we talk about, if you're like, who cares? I'm here for five years. Then this really doesn't matter in all honesty. But the question is, when do you want to buy near protocol? Do you want to buy it at, what is it at today? $5 or maybe it goes down to 50 cents? I don't know. It just depends on what you think is best. I'm gonna wait and hold for right now. I'm still a dollar cost averaging Bitcoin Ethereum though, so we'll see how that goes. All right, great question. That was a long, long answer. All right, what else do we have? View. Can you look at Moonbeam now? What happened to Moonbeam? What happened to SafeMoon? What happened to all those? Marquee Searcy? It will go down, but it will surprise you. Yes. Journey to the truth until around. I gotta tell you, Bitcoin will only be a thing in five years. This time it's different. This time things are gonna change. I mean, maybe, I mean, look, if you have to take a look at some things do change, right? For social media, remember MySpace, Friendster, whatever it was called, Facebook? Remember Netflix? Netflix gives, so like there's some things that do change, they have to change, right? But in certain economic cycles, it seems like just all the same thing. So could Bitcoin be a thing in five years? Yeah, I think so. And CJ had a really good point. We were talking about investors, and he said, you know, there's a big, huge difference between VCs like Anderson Horowitz and his 4.5 billion investments into different crypto funds because those guys are here for five, 10, 15 years. Because there's a big difference between those guys and gals and people who made a lot of money at some point and then say, I'm at a VC. So I'm gonna invest into this and maybe I'll be here for a while. It's the difference between, say, a Luna 2.0 investor and a Michael Saylor. Sorry, sorry. I think we saw that coming, right? I don't know what it's worth. I don't mean to make fun of anybody, but come on, come on. So you see something like that and there's a difference between someone's like, this is a big gamble, but I'll do it. And someone's like, you know what? Like you said yesterday in Fox News, I'll be behind the top forever. He hasn't wavered. So there's a big difference between VCs who are in here just to make a huge amount of profit and the ones that are actually here for like the very long haul. You know, the ones who are gamblers and just wanna be here for a little bit as far as investors and someone who says, I'm gonna be here for a very, very long time generational wealth. There's a big difference. Yeah, it is a good point. Digital apollyon. It says, a losing faith and proof of stake entirely. I think I'm gonna put for work. Bitcoin, Litecoin, Cadena. So the longer I'm in, the more I see that it's just the safer bet for Bitcoin. The thing is that you'll never, nah, you never, this is a bad way to say it, Bitcoin, it takes a lot to move it on the upside. On the risky side, it doesn't take a lot to move some of the altcoins that we've probably invested into. Let's be honest, I've been there too. So if we wanna be, play a little bit safe, it's a Bitcoin Ethereum. If you wanna play it really safe, I guess getting the bonds. But of course, you're getting the bonds, you're not even keeping up with inflation. So why are you doing it? That just depends on what you wanna do. Or like my brother just buy a bunch of silver and stick it in his secret safe in his house. Yeah, that's a thing. T-Dubb says, went another DGEN video. So I got a second channel for digital asset news, DGEN. Dan DGEN, I called it that so you know how risky it is. And not anytime soon because I just, we just took a look at a couple of projects to talk about on DGEN and we turned them both down. And the reason why we turned them both down is because the tokenomics were trash. Sorry. And they were from people that we trusted and they're still good people. It's just that there's very few we're gonna talk about. And those two just, we couldn't. It was probably a good, it's probably a solid investment if you get in early, but the dumping rate was just way too high. And I don't wanna be attached to something like that. I wanna be attached to a project that's gonna hopefully scan the test of time and we'll grow. That's why I talk so much about the three that we've only talked about. Gensokishi because if you know anything about Asian gaming and Asian markets, they are fanatics. And that's, we'll probably keep it up. And that's why they've even stayed in the top 300. Everdome, I think it's gonna do pretty well. Not as well as Fame MMA. I think that one's gonna be, it actually did pretty well. And still actually those three are like, I'm like, they're booing my entire portfolio. But again, we just didn't wanna get any other ones. It's a good question. Cause ah, Phantom and Polygon. Fajima says, yeah, Polygon, someone said it, I think it was A to A. He was talking about Layer 2 solutions. And people are right. Layer 2 solutions will probably do pretty well because even as much as like, I mean, Bitcoin needs a Layer 2 solution, Lightning, Ethereum needs Polygon. I think Cardano needs Hydra and then on down the line. I think all these protocols are just, they're good for what they are, but they need a Layer 2 solution to speed up transactions and drop those prices. Have you ever used Polygon? Super cheap. The thing that sucks though is when you get paid or you get a payment or you take some profits and it's on the Polygon like in USDC like I've done recently and transfer that USDC to the Ethereum network is you still gotta pay gas fees and that sucks because you can't transfer the USDC that's on Polygon to an exchange like Voyager. I think some exchanges can but if you transfer your USDC that's sitting on Polygon blockchain and transferred into an Ethereum blockchain on an exchange, it's gone. So you have to first transfer from Polygon to Ethereum blockchain and then that address then goes to your exchange and you don't lose it and it sucks. That's what's up. So what's your thoughts about the Dixie? Not in a decline when our beloved Having Curse do you think they're going? Well, first of all, we don't know exactly if it's gonna be in decline but I can show you what we're talking about. Actually me and Jerry Hall were talking about this yesterday or a couple of days ago. So this is the dollar index. And Jerry was always, he's like, man, you know, he goes, we want that dollar week. He was like, we want the dollar week. The American government doesn't want a week. And you can just take a look at this, some mover average, looking at $92 or $0.92 for the strength of the dollar, right? And of course, when it's down then you can get some pretty cheap assets but unfortunately when the dollar strengthens like it's above what it is, I mean, that's not good. I mean, it's not so great for us. So the question is then when we hit the Having in 2024, will it be the strongest there have been? I don't know. Let's take a look at two years. So you can see that it was high and it dipped down then it came over for, let's take a look at three years. I don't know. So again, it fluctuates. How can I say for 100% certainty that it's going to be that super strong in 2024? Maybe it's like in 2017. Interesting, right? When we had all-time highs with crypto was 2017. What was it like in 2021? It was down again. So yeah, just be aware of that. I don't know. I can't tell you it's gonna be super strong. So Scott, you said that twice. I'll answer your question. Cosmos is awesome. And I still hold it. Hopefully it's doing pretty good. Now it's just, it's the blockchain of blockchains, right? Interoperability, and that's what crypto.com, the Crocoin is built on. That's what Lunu was built on. And a couple other ones. Probably a good idea. Picks and shovels. What about Matic? What about Matic? Layer two solution has to be done. Polygon, Matic, same thing. Bruno says, near pumped. Near pumped after they announced their algorithmic stablecoin. Not screaming more. I bet they shelved that project. Hopefully they did. No, David, no. All right. Do the insurance for anchor, UST peg did have to pay out. I don't believe, I think there was some payouts, but I know people out of water. I guarantee that Lunu 2.0 from what I saw on Twitter, just for the initial like four hours, it dumped by 80%, 90% something like that. So not good, everybody. Do you think polygon will gain more adoption since unstoppable domains is utilizing their network? Well, it depends on how fast and how big unstoppable domains grows. I need to, I have a sit down with those guys next week. So we'll see. But unstoppable domains, if you want to, instead of these days, if you want to own a domain, you have to go to a centralized authority, you have to purchase that domain like a Godaddy or something like that or whatever different place. And you purchase that domain, they keep it, then off you go. But that's only for web 2.0, web 3, unstoppable domain. Like I own a couple of different domains from unstoppable. And it's all in the blockchain. So they can't really shut you down, which I think is a pretty good way to do things. The question is, will it catch on? And will they make websites that are functional and easy to use? That's the big question. I know some people have them unstoppable domains. I looked at it, seemed a little bit clunky, so. But again, if we're in, if like we talked about, if we're in this part here in 1998, as far as like crypto goes, I mean, just imagine what we're gonna be like in 2032, what crypto is gonna look like. We have no idea. Just like we had no idea what the internet was gonna look like from 98 to 2008, just saying. Alrighty. Looks like Celsius is recovering a little bit. The fud that hit Alex was really ugly. What a bunch of, I gotta tell you, I gotta tell you. So this is all hearsay. This is all cheese may and gossip. But I was watching Charles Hoskinson's post. He did, he had come back from, he was meeting in Washington with different lawmakers. And one of the things he talked about, he said that the lawmakers are being approached and this is just what he said. I cannot, I can either confirm or deny. I don't personally know any congressmen or women that I can just call up and go, hey, Lummis, is this what happened? Or senators? But he says, he goes that he's met with lawmakers and he's disappointed in the fact that Bitcoin maxis have told them that proof of work and Bitcoin is the only thing that will be considered a commodity. And everything else outside of that would be a security. So you gotta label it as a security. Whether they are wrong or right, it seems like that's not the unity we may look for. But again, maximalists aren't here for unity. Maximals are like, this is what's going to make it. I personally don't care what makes it. I just want one of my products to make it because I am greedy now. Well, yeah, a little bit. I think we're all a little greedy, right? It's not like we're, and if anybody says, I'm in there for the tech, sure you are pal. Sure you are. What about Cosmos? What about Cosmos? I own some of that. He then plays the same analysis for Polkadot. I think, didn't we do it? I got time. Let's take a look at Polkadot. So, again, I'm sorry.io. Polkadot profile, token economics, launch and initial token distribution. Oh, no. So 50% allocated to token sale investors, all right. 5% to the private sale. Okay, that's not bad. 3.4 to the 2020 token sale. 11.6 retained by the foundation for future fundraising. That's pretty good, 12%. 30% allocated to the Web3 foundation. That's a lot for me to use the Polkadot network. Another, that's good. I like that part. But, let's take a look here. So, rewards and airdrops, 12%. Founders and pays, 30%. But then, well, it depends. I wish they would break that up between founders and project and go founders, x% project, x%. I'm sure you can figure it out with little bits of snooping around here. The supply schedule. Ugh. I gotta tell you, this looks like a pretty inverted, or pretty steep graph. Where are we? Oh, shoot, we're down here. So, we're right around here. So the rewards are 17%. Private sale investors, only 2.8%. That's pretty good. SAFT investors, 4.2. Auction investors, parachains, 41%. Future sales, only 10%. Web through connection, that's not bad. But let's see what the, let's take it in a year's time. So here, 22. So the rewards will be 23 from 17. That's not bad. Private sale, 2.8. 2., ah. Actually, it goes towards the rewards. Not too bad. Liquid supply curve. I would like to see, though, that breakdown from the project. But I say, we saw worse. Did we not? Okay. Is Celsius still safe long-term? I would just say this. Like, if you're ever concerned about Celsius, you're like, ah, I don't know, I like what's going on. I mean, if you want, I mean, if you think it's not for you, then take it off. Take it off of Celsius. I can't sit here and say for the 100% that any platform is 100% safe from anything. So that's why I like, trust your gut. That's what I'll tell you. Just trust, just trust your gut as much as possible. I can't tell you what to do, not a financial advisor's. And there's always gonna be things that go on behind the scenes that we'll never know about. Just how it goes. But if you think it's not for you, then take it off. I remember like James had a video yesterday. He talked about, I think it was BlockFi. They cut their, was it BlockFi or Nexo? One of those two. They cut their rewards of Bitcoin from like 6.5% to like 1%. What's the point of that? No, it's not worth the risk in mine. And actually a lot of these yields aren't worth the risk at all, period. I'm just like, I don't keep a lot on there. I don't see the point. I keep some. Because why not? I mean, it's not gonna crush me if it goes on there. Scott, I don't understand what you want. I just told you what this is. So stop asking the same question. We took a look at the Dixie. George for all of George, all right. I think George's did it live stream. Bitcoin, I don't know. Hey, Echo's from, hey man. Hey Rob, you guys can check out Echo's from above. Real group, good guy. He has a lot of things with the traditional finance and also a little bit of crypto. And he holds people accountable, which is pretty interesting. I sure know. That was incredible. Great. Try to do, try to fight the good fight, my man. That's what it comes down to. Check out his show. Echo's from above. If you like somebody who really gets into it, like really calls people out, like I do, it's pretty fun. Who is Dan and Rob? So Dan is digital asset news. And Rob is my real name. Digital asset news, everybody's calling me Dan because I never would really correct people. Call me whatever you want. But yeah, it is what it is. Digital asset news and Rob, Dan, digital asset news. Who'd win in a Royal Rumble between you and Ben and James? Like for like chess, probably, probably Ben. Like in a Royal Rumble of like motorcycle riding, probably James. Like in a, I don't know. Like in a game of volleyball, definitely me. I don't know. Let's see. Do you think there's going to fit? It's very underperforming. I gotta tell you that. I like Theta, still own it. I like the whole part of that. You know, you have those enterprise validators, one of those being Google, thus YouTube. So like they have the right partnerships in place. Just that's just kind of been stagnant. But just like we talked about, just like we talked about in that crazy looking website that looked like this, you know, this one talked about how, you know, Amazon was largely unprofitable. The bookseller amazon.com, quite unprofitable, went above 1300% and that reminds me of a story. I talked about this in DCA too. In 2000, 2001 when the dot com bubble popped, Jeff Bezos had, he had an interview and he said, I don't understand why our shares go down. He goes, I look at the metrics and see, well, how many users have we gained? Oh, we're up a hundred and something percent. How many different warehouses have we purchased? Oh, we're up another 300%. And what is our efficiency time? Oh, it's actually gone. You know, our timeframe has gone down to deliver. He goes, these metrics that I see, say that our business is quite strong, but Wall Street dictates it a little bit differently because of, I'm just in this dot com era. And I think it's the same thing with crypto. We see that these, these rails are being laid down. We see that there's a lot of big names coming in, a lot of institutions, but unfortunately with these, we love institutions, don't we? We love those institutional investors when they come in and buy, but we hate their guts when they sell, but that's just how it goes. These are natural cycles. When you think this time is different, it's not cycles. And that's it. Have you checked it? I have not. Do it black from the pool. Oh my, a monkey? I gotta do that. What do they feel about quant? Like quantitative analysis, or oh, the, I don't really get into it. Sorry, Nicole. Apecoin release schedule, please. I'm not getting to that one. That's, that's for you guys. If you wanna get an Apecoin and Ape into that, that's fine, but that's it. I'm having a great weekend. Thanks for asking. Yesterday was playing a little ball, grilling out, a little drinking. That's why I'm a little bit pinkish. You can never get a tan. But yeah, it was great. Do the same thing on Monday. Excited. Today is a rest day. Exactly. And this is perfect. Gas fee fee says it right. This, this time is when people lay the foundation on a wall three to four years. I'm telling you guys, I'm telling you, I didn't make my money here. I made my money here. And it just depends on what you think's gonna happen. Like some people believe that we still are gonna go down 90% in alts. And if that holds true, then where will Bitcoin be? I mean, it could drop below 20K. Is that a definite? No, it's not definite. And if that worries you right now, it worried me too in 2017 when I bought it at 17,000 or 18,000, no, 17,500. And it went down like 60% in like two weeks. That worried me back then too. But you have your options. You can be like some people and say, you know what? I'm gonna peace out. I'm gonna sell everything and I'm gone. And that's okay. If that's what you think is best for you, that's fine. Or you can do something like me. And I can't tell you what to do, obviously. But all I did was say, well, I'm not in business of losing money. So I'll stick around because I think that the track will be laid down and people will finally get it. And they did and it worked out okay. And then I just came this way and I just dollar cost average for two years, three years. I still dollar cost average. So again, gas fee fee says it right. This is when you lay foundation. I know people don't like to hear that. But again, it comes down to the first thing we talked about. It's if it was easy, everybody would do it. And that's just how it goes. Alrighty. Pew, pew. Thank you, Marky. India time is 1130. Man, maybe I shouldn't have done this earlier. Most of my data stake, not a bad play. You know what? I gotta tell you, that's a pretty great play. You stake your crypto and you dollar cost average and then you just kind of gains like a double-edged sword. Why not? Cal J, can I get you a pen and a nervous network? I don't invest into it. Thanks for the super chat, but I don't invest into nervous network. I don't understand it right now and I'm gonna miss. And you have to understand, just because I don't invest into it doesn't mean it's not awesome. It's just that I'm gonna miss a lot more opportunities to get into it than I will have as far as winners. So if I pass on it, doesn't mean anything. It just means that I passed on it because I either haven't done my research or other things are going on. How many times has we talked about Warren Buffett missing out on big things, right? Not that I'm any Warren Buffett, that's ridiculous. But I mean, he missed out on Amazon. He made fun of Jeff Bezos at a conference, which is pretty funny. And then he missed out on Google and missed out on Apple initially and then he got into it. So you're just gonna miss out on some things. And I give you all the tools, or most of the tools you're gonna need to find out that successful investment. Just remember the cut. Will they make the cut for you? How big is the community? Because that's what pretty much makes things going. XRP is a prime example. What's the utility? Does it do something different? Does it do something better? Or is it just a Me Too product? How is the team? What have they done before, which would lead you to expect them to do some great things today and tomorrow? And lastly, of course, we look at the tokenomics. Are they gonna dump on me, or is this gonna be a pretty sustainable project? So the cut, will it make the cut? See you, TT. What's up about CelsiusFood? There was a somebody, I forgot the name, Dev Gamer or something like that, came up with a video and they talked about, they had taken a look at different transactions and said, this looks like money laundering. Essentially, it's what they said. And then CelsiusFood sent them a cease and desist letter and he said, okay, I'm gonna cease and desist because that's true, it wasn't money laundering, it was the transaction fees. But then he comes back and says, well, if I took a look at Alex Moshinsky's wallet, which I can find from Twitter, I can see that he's gotten into some pump and dump schemes. Allegedly, remember, these are just wallets to wallets to wallets. We don't know for sure, I don't think, I don't know why, it doesn't make much sense to me. I mean, the guy's already been, he's already made a $3 billion exit from his other projects. But remember, even though you see, like, when you take a look at on-chain data and you see how, like, wallet number three, right? Wallet number, let me just pull it up, this doesn't make any sense, I don't show it to you. Let me share in my screen. All right, so like, this is wallet three, the infamous and this is the person that is, they are accumulating or transferring Bitcoin at an alarming rate. Wallet number three, and we don't know what it is because it's never been proven that it is an exchange or any individuals. So like right here, let's say like April 29, 2022, which was last month, 1,500 Bitcoin. So this doesn't mean that they sold 1,500 Bitcoin, it means that they have transferred it out of their wallet. Now, you could assume that they transferred that to an exchange to sell it, but no one knows for sure. So when we talk about these wallets, just be aware that it can mean anything and that's all I got for you. So that's that. And of course, just follow Alex Machinsky, I'm sure he'll talk about it. What is Twitter account? Let's see, Cardano move to earn. The next sector I find interesting is move to earn. Play to earn is gonna be pretty, it's gonna do pretty well. Again, go watch, just do a Google search or actually in the description, my second website, Dan Degen, you just take a look at that Gensokishi project. I think play to earn is a pretty big. It's gonna do pretty well. I'll also take a look at that whole thing with the schedules, take a look at Axie Infinity and those token release schedules. I didn't do it, but I should have. But play to earn is probably pretty massive, but move to earn, I think is the next big step. That's why I like sweat coin, sweat coin. Oh yeah, see, look at that. Leeroyne, Leeroyne. And my guy told me, Cardano last year been de-sing since, stop and took off again. That's tough to do. I cannot, I'm very, I don't have that ability. I gotta tell you, buying is easy, but the selling part, that's where it gets tricky. When will I, when, like and subscribe? When is George not doing a live stream? Dude, that guy, I don't know how he does three live streams a day. And I think, and he also has like a car channel he told us. Yes, pink shirt. Yeah, just call me Dan, it's much easier. Just dumb. Philotex in here, you were planning on doing a meetup in Texas? Matter of fact, that consensus conference is next week, I think. So I'm gonna do a meetup. I'm gonna partner up with iTrust and we're gonna do a meetup after the conference. So yeah, and I think that's it guys. It's an hour, we're going over an hour. So it's a great question. I'll leave it like this. Was it easy to make friends in Puerto Rico? The people are great, but it's never easy to make friends that you wanna hang out with. So if you ever moved to Puerto Rico, come to my meetups. And there is a secret, it's a WhatsApp group. And it's like a spreadsheet of all the different groups that are out there. Like if you like dirt bikes, there's a group for that. If you like biohacking, there's a group for that. If you like volleyball, there's a group for that. If you like investing, there's all these different groups. So it's easy to make friends that way. So if you ever see me, just ask, hey, Rob, where's that secret? I can't give it to you because that's the unspoken rule because on WhatsApp, you only have a 256 person limit. And if I put it out to the public for these 30,000 people that'll watch, it'll just come apart and that's it. All right, so that's it for today. Look, went a little bit long, but a lot of good information, hopefully. If you liked today's video, give it a thumbs up. That's the only way that I think YouTube realizes that it's not a scam, I don't know. And that's it for today. So thanks so much for watching, I do appreciate it. Don't look at your portfolio. It'll be there when you get back, get outside. I'll see everybody, bye.