 Welcome to the last set news to get top stories in crypto and bring out a bite size pieces today What I want to talk about is I want to bring everybody down a little bit of a street as to where we Are right now and where are we are going as far as the metaverse and NFTs and to help me do that I got a special guest Dave digital Dave crazy for cryptos is back on the show to help us save this bull run Dave Let's do it again Let's do it. That's our job. That's our mission on this planet Yeah, so so if you don't know Dave over it He's got his own YouTube channel is a link in description crazy for cryptos got a website He's got a bunch of great information Dave was one of those guys who I found very early and introduced me to theta and I think there's some interesting things only over theta that we're gonna talk about today First of all Dave tell us why you thought theta was gonna be so big because when he first talked about I'm like I don't understand what he's talking about but now I get it but tell us how you found out Well, there's some deep roots about how I found out which I've talked about for you say actually maybe I'll talk about that real quick Yeah, I'll talk about I don't mind that at all. So there was What's his name? I forgot his name now crypto crow? I haven't heard about the crow in a long time Actually, I guess he's I mean he's a big time my youtuber still I believe but crypto crow talked about this coin called Theta's like I was crypto called Theta's it was looks really interesting about sharing Video like content delivery or whatever because there's the future is gonna be all video It's already 80% or it's gonna be 80% all video as this is really cool And then this is this work gets really weird is that there's a youtuber called Jason it for had a psychic on there And they show white dove and she's she said that theta is gonna be huge gonna be thousands of dollars and Now this is kind of weird stuff for a lot of people now when she said that I didn't know who she was I say, you know what? I think it just feels right. It feels right. So Crypto crow planted the seed Michelle white dove and Jay sniff gets credit for kind of bringing it to my kitchen again And I kind of aped in on it and bought a bunch of theta Then I after I did not I said I really started to dig into and I say I say I think this Data thing is really gonna be big because like I said, we're gonna be most of the content that we're that that's internet It's you know, 80% at least gonna be video Now Rob now we've got the metaverse thing going on which has been the buzzword for the last few months and Metaverse is basically it's the whole universe that you kind of lived in and maybe they're all gonna connect at one point. I don't know but What's gonna power that metaverse? It's gonna be theta because these are the edge nodes that basically everybody that's gonna be Mining theta or t-fuel actually mining t-fuel. They're gonna be sharing their bandwidth. So anybody that has unused bandwidth Can share it with a neighbor and they get rewarded in t-fuel, right? And see to me to me it only made sense because I saw that there's only so much Data centers that you can buy up only so many warehouses you can get you got to compete first like a compete with Amazon All the different things that they're buying up, too But when you have to get a data center to house your servers so you can run these These streams this HD this 4k and all the different things that they have it's very difficult very expensive Why wouldn't you just pay somebody their extra bandwidth? Use theta even Steve Chen co-founder YouTube goes. Yeah, I'm on I'm in on this as well So yeah, it makes sense to me and that's why we're trying to bring you guys down this street I did a video About a week or so ago and I talked about buying land in the sandbox metaverse for some pretty big games And when you take a look at what's going on there you have to understand that Everything that we do is still going to require bandwidth So if we have something like like with theta maybe that could power it and but that's not that's not the only part And then we're going to get into the theta drop in a little bit So Dave, what do you think about so far as far as like will theta power some parts of it? I? Think theta is gonna be the backbone to the whole metaverse. I mean People are say day, you know tell me what's your what's your metaverse project? What do you like you like sand you like mana you're like, you know, whatever right and You know, which you know, what's not what's the hot one? I'm like, you know, I'm I'm a basic foundation infrastructure Backbone kind of guy. I like to buy the infrastructure and if you want to buy into the metaverse By theta and t-fuel. This is this is the the backbone. This is the infrastructure is gonna move everything around Okay, if you want to buy others, you know, sand and mana and these other cryptos. That's that's fine, too Or virtual land I just think that that data is gonna be I think it's undervalued at $6 $7 I guess about $6, but this is like what I've said before too, Rob It's a long I said it's a long time ago. This is before metaverse was like the big buzzword You know, it's all about sharing like the 4k video 8k video VR everything, you know VR AR, etc We're gonna need all this we're gonna get all this bandwidth to move it around to share it for it to work and And then this on metaverse came out. So well, this is actually Theta I think theta is gonna be The whole backbone to the whole thing because how else are we gonna be able to share all this bandwidth without using? You know bousin information Videos, etc from one computer to another the only way to do it is for everybody to not everybody But for thousands tens of thousands hundreds of thousands people probably eventually millions of people to be running a note on the computer So they actually they have their own little data center right in front of them Yeah, I mean only makes sense to me because it's it's gonna be a pretty heavy load So now we're gonna get into real quick about the some of the criteria for the metaverse part But today we're gonna talk about NFTs and as far as it relates to What's gonna be called a pineapple drop as far as theta so me and Dave we've got a different strategy to take a look at NFTs And when we take a look at this real quick, this is my criteria And I'm just going on the cheap end. I'll be honest with you But I see like for NFTs people to see the NFT as just some goofy artwork and that's all they see But if you look at it behind it like what is the utility? What does it do for you? How can you get in and actually make even more so when I take a look at it? I say well first of all, what's the community? Does it have more than a thousand people? That's pretty that's the minimum I think is it great more than ten thousand danger. I said twenty five thousand That's only for if you're on the discord groups because sometimes you have a bunch of bots But if you take a look at community as far as like real projects, we'll just take theta for example Hundreds of thousands right the utility the next thing I think about is what is this NFT? Do because if it just looks cool, that doesn't do anything for us, right? What's the launchpad? What's the reward the gamification? Is it is a casino? Does it give us special access and minting and things like that? And then lastly, this is where me and Dave differ floor price I'm trying to find the low end and Dave. I think is trying to find the blue chips So Dave real quick, how do we differ here as far as finding these NFTs? You know, I'm gonna be asked with a rob I think your strategy is Probably better than mine and this your strategies actually goes along with a lot of people that that try to maximize their NFT value They try to buy You know what they try to buy the mint price or try or when the first lot is gets launched up and see they buy it at these So your your criteria is about a point to ETH or point zero to ETH actually And I think actually I think that's a better strategy what I've done But I'm just you know what we all have different goals when I started learning about this NFT I've talked about it in my last YouTube video and I know there's hundreds of projects out there And I don't want to just focus, but I'm my knowledge about NFTs I'll admit it's just I'm in I'm in the infancy part of it about NFTs, you know, I know how to buy I've stated I mean I've got many many hours about NFTs, but I just know this project I think it's going to do really well continue to do this project called doodles and The creators behind doodles did the crypto kitty so they know something about NFTs So when I first talked about doodles in my private Patreon group, they were you know This shows the floor price of three point six seven eight ETH would just say for dollar dollar term There was fifty six hundred dollars at the floor price just a week ago, Rob now There's there's sixteen. I guess I'm able to do the math real quick sixteen seventeen thousand dollars. I guess a week later, so this is This is almost a three X we'll call it two point five X just in a week and probably because you know I did the video about it and I told the group about it as well But I really think if I didn't talk about it either I If I never talked about I think that I don't think the doodles has a chance of being what we call blue chip Or what people call blue chip Many this is like the board it could be the board eight yacht club That's a blue chip or crypto punks is probably the OG of blue chips, right? I Think you know I mean crypto punks have been around for a long time. I think it is the OG but yeah There's potential for doodles to to be at that You know hundreds a hundred thousand dollars Maybe you know if it's fifteen sixteen thousand dollars now in a year or two There's why wouldn't it be a hundred K for that not financial advice, you know it all depends on the roadmap and With the founders if they're gonna be up and up continue to be up and up people and whatever so there's many many factors But I like your strategy better if to maximize value Rob. Sorry to maximize value. I think you have a better strategy It's it's it's okay But I think if you're trying to go to that the next next level I think your type of strategy is like I want to find you blue chips that is gonna cost me 15,000 I'm gonna get in look I just bought virtual land for around that price at the sandbox I could go to another place and get something cheaper, but I think that this is like and It might be a better play it might be a faster play if you want to go on a low end You can do that. It just might take a little bit longer. That's all really it comes down to so that leads us to our to our next point Which if we're gonna talk about NFTs because again when people take a look at doodles are like that's just a goofy little drawing Why is it worth twenty thousand dollars or whatever else it is? You have to understand about the utility that it gives you and then what it gives you access to there was a great story about ETH rocks where people were buying aetherium rocks, which was just a picture of a jpeg for a hundred thousand dollars What does that give you well think of it like the golden ticket to Willie Wonka's chocolate factory? Once you get into this private club because if it's you and other people who have a hundred thousand dollars to throw around on jpegs They probably have a lot more money They probably have more insights and more background information So you're getting privy to all this information that nobody gets is allowed to I kind of feel like these expensive NFTs are Like the country clubs of yesteryear where all the rich people got together and go You know what you should do Pete you should get into this project because it's gonna be a million dollars or whatever else it is So Extrapolating that and moving forward. That's why we're talking today about secret pineapple society for theta So Dave I didn't know about this until we got on the call Tell us about what the heck this is going is going on with here pineapple society and what the utility is I Wish I knew what was going on with this. I just had a feeling you know, I'm on Twitter a lot I think you're on Twitter a lot too. I know you're Yeah, we're both on Twitter a lot. There's so much research to be found on Twitter. That's why I I'm on Twitter a lot I'll learn a lot I mean there's people out there way smarter than I am if I can pluck some knowledge out of some of these people get some ideas or whatever Then I can get a little bit smarter each time we get on there. I I saw speaking of theta Mitch Lou the theta CEO had the secret pineapple society will call SPS As his profile pic I said, okay This guy's really believes in it and and I kind of had a feeling so there's something seemed like there's something special about this So what it is I tweeted about this theta drop which happened six days ago approximately five six days ago And I tweeted about it. I never talked to anybody. I didn't talk to the theta team I didn't talk to the SPS people the developers. I just said hey, you know might want to pick those I said I had a good feeling my tweet. I said I have a good feeling about it. Okay Later on they reached out to me. They sent me a message through Twitter. So hey, would you well, if I can talk about this yet? Don't get in trouble they don't in trouble, but just no I want to let they do the reveal but What they said is that would you like for us to give away three pineapples to your patreon group? It's a group of you know, it's a pretty large group. I said, yeah, that's fine And so they're doing a drawing for the for the pineapples So they get they're gonna give away some of those pineapples But I said is there any information you can that you can share about what this actually does what the utility is so they gave me a list of things as you can go and share this now within your patreon group which I did and this This pineapple thing is kind of kind of what you're talking about the ETH rocks kind of like maybe it gets you in these Like a little exclusive clubs, you know, you're gonna rub elbows and that work or whatever But it seems like it's more than that because we this stuff that we pulled up earlier about their road map It looks like they got some things going on here, right? So just like what they told you they put it out as well commercial use of your pineapple. I think we talked about this there was a CAA American artists the ones that have like the majority of the sports stars and A-list celebrities they actually signed a deal with a Person on Twitter who owns a ton of NFTs for the commercial use of their NFTs in Movies and series and things like that. So when you have this pineapple drop You can use it whatever commercial or thing that you want to if you so happen to have that Surprise airdrops members only streams members only apparel store. I think this was the most interesting to me as far as phase 3 Voting on future benefits like a Dow Entry to the Grove whatever the heck that is Staking for yield farming I think that's pretty big as far as like what's gonna happen with theta and then game integrations Maybe that's a play to earn type of play. So I think when you take all these things, there's your utility And that kind of hits my criteria Community is huge. I mean if we take a look at like theta TV, I mean they've got like, you know World poker series and things like that. It's a it's a huge Community and then of course, I mean they got the utilities there the floor price a little bit high for me and Talk to before I get on get ahead of myself. They've talked to us about the floor price Okay, so what happened is about six days ago. They launched 888 of the 88 88 pineapple So they launched about 10% Initially and people tried to get in and they tried to buy it and nobody could buy it because that 888 pieces sold in like, you know seconds or minutes $200 but now They're selling it. We'll call it $2,000 for clean math just under $2,000 is the floor price right now Yeah, 1949 now now here's something we need to keep in mind. There's a few things we need to keep in mind So in about a day or so they're gonna release the other 7800 SPS pineapples They're holding 200 for promotions or whatnot But so the there's 7800 that's gonna be released and we'll call it 90% of the supply is gonna be released in a couple days I think the floor price is definitely gonna drop initially, but it might go up again Who knows but Rob I'm gonna go down as the first person in history to have a price prediction for NFTs Let's just go ahead and save this video We can save it put in the archives but on the blockchain to be around for a hundred years as David It's the first person to give a price fix for NFTs. So I think that FT's made me get ahead of myself here I think this SPS NFTs will probably be worth about five grand as a floor price in about a year from now And this is also this is based on we already got a two that yeah $2,000 floor price just a week later. There's gonna be a 90% supply that's gonna be dropped So that's gonna depress the price a little bit, but I think if this Rob I think if this SPS if it picks up if the media picks it up, let's say like Coin desk if the mainstream picks it up, it's gonna go crazy But I think if once I think there's gonna be people talking about it, and I think this is gonna be hard to get so Yeah, so the floor price is $2,000 right now is gonna change a little bit So probably be a little bit less than that in a couple of days But here's something interesting though the highest price somebody's already bought one for $25,000, which I think is pretty cool Yeah, let's take a look here Where do I see price load a high? Yeah Yeah, let's go. They go high to low Doesn't matter. Let me just go down here 3,000 15,000 that's crazy. Yeah. Yeah Yeah, the last time I checked the the highest price was 25,000 then another one sold for $24,800 So I think that's pretty cool. It doesn't you know, it doesn't predict the future about where the price is gonna go I just have feeling that at a $200 investment could you know could could pan out in a year You know, you could you know be worth 5k, but let me just say this too Rob Is that let's say if somebody bought one for $200, let's say worst case in there Well, whatever who knows where it's gonna go Let's say if it only what it could only goes to $1,000 in a year that 5x is not too bad So yeah, so there is so there you go folks. There's two different ways to look at things There's there's there's my strategy. We're just kind of like go a little bit lower Day of strategy, which is go a little bit higher But I think in the end if you just take a look at the criteria and just you understand that NFTs aren't just some some goofy little things They're really like Kind of like your early access to the bigger things coming and I think the the bigger the company and the more they have already been Established I think the better off you'll be as far as blockchain goes now Facebook comes out with NFTs I'm not touching that with intent football. I'm just saying like if you can like a theta a little bit better more It's a better chances than if you got some other type of product We're just like I don't really know that one and that's just how I see things, but that's what we got Yeah, yeah, and let me just add Rob. I think you had a really really good excellent Observation about the ETH rocks again about making that kind of your like a country club kind of like a VIP pass We're rubbing shoulders rubbing elbows with people that you know Obviously have wealth if they're spending 100k or whatever it is on those rocks or board a yacht club You are going to be the networking is always the key thing I used to go to these marketing seminars when I was in my 20s and 30s I've got these marketing seminars and I would get some good information from these seminars But the real value was the networking, you know during the breaks before the meetings right before the seminar after The lunches the dinners that was the real value and maybe these NFTs like is I think I never thought about that The NFTs are like it's like a networking kind of thing So maybe the SPS is going to be like the the new hot networking kind of VIP secret society kind of thing And by the way, it's gonna say I'm not I wasn't asked nor paid to talk about any of these NFTs are another stuff We're not paid to do that So it's just we're just releasing content and talking about stuff that we kind of know about Yeah, and just just watch me and Dave's channel what we talk about a plot through our different products that are out there Some do great and some aren't gonna do so great. It just depends remember NFTs is Really to me. I think of it like I co 2.0 where a lot are gonna go to zero But in all honesty, there's some real gems out there and we're just trying to find the ones that could be so Dave That we've said it all I think today But any last words of any last words of wisdom for the the new investors out there For NFTs or what I mean in general just in just in general not it Yeah, let me just do this actually I want to I want to talk about NFTs again Because let me just kind of get a little back to her to send my group There's some people that are just they don't want to hear about it and this is they like you know focus on blockchain Which NFTs is blockchain focus on crypto. Okay, it's a little bit different It's such a this is such a groundbreaking thing. That's gonna be around, you know a decade from now everybody's gonna be I have possession of the NFT of some sort so I Believe that if you want to get started in NFT investing go to theta drop calm Just figure out a buy an NFT on there It can be like a five or $10 NFT doesn't matter Just get your feet wet and buy an NFT on theta drop or go to open seed. I owe and learn how to set up a metamask browser extension and Just play around with the buy the cheapest NFT on there and just buy one once you buy your first NFT You're gonna have you can have so much confidence about it You're gonna get your your feet wet and you're gonna be all you know You probably gonna add to your collection after that but once you the key is is to buy one and then once you do that You've got that experience. So that's that's my tips for that Makes sense. All right, so that's it for today. I know it's a little bit long what we talked about But great information. So if you found value in today's video and go and give a thumbs up Give it a like consider subscribing check out Dave's channel and his patreon I'll link that in the description below and that is it. So thanks for stopping by me and Dave We'll see you on the next one