Risk On Podcast

Fomo Web App Live Launch | Ep 58

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0:00 | 59:52

This week we have fomo co-founder Se to debut FOMO’s new web app, premiere a high-production launch video, and walk through the desktop experience. 

The guys talks about how the web app keeps FOMO’s cross-chain trading + social vibe (not just another terminal), highlights features like token pages with real user theses, faster live pricing, filters, and the new alerts feed, and teases ETH mainnet support coming soon. T

hey also touch on why mobile still matters for mass onboarding, how a small team ships fast with AI help, and what “the next thing” could look like beyond crypto. 

SPEAKER_07

Good afternoon. Welcome. Risk on episode 58. Brought to you by uh FOMO as always, best multi-chain trading experience uh in the game. Go download it today. Promo code RISCON and also we have FOMO, uh co-founder Say here with us today. Welcome, man. It's great to have you.

SPEAKER_01

Yeah, thanks for having me on again. I really appreciate it.

SPEAKER_07

For sure. We'd love to get you on more. Uh big day for you guys today. Um we'll get to that in a few minutes. But uh uh I'm gonna wait for you guys to put out your official uh your official launch and we'll watch that here. But uh Sat Swizzle, how are you guys?

SPEAKER_05

Amazing, amazing. Uh early day for me as usual. Um ready to go. Yeah, primed and ready, as some say. Primed and ready. Um but no, I've been uh I've been playing around with the with the FOMO web app as well. And yeah, I think I think uh people will be refreshed um using it compared to the other trading terminals. So I think people got a lot to look forward to these days, um especially when a lot of the things are just like a lot of the products in crypto right now are like feel the same, and I feel like this doesn't.

SPEAKER_03

So yeah. Yeah, it's good to see something new. Um building in the bear, always a good thing to do. I'm a little I'm a little conflicted though, guys, because I I think I know Wood is in this chat. I think Sats is in this chat as well. I I'm all pumped up for the FOMO web app. I've been playing around, I'm like, this is cool. But I I played around in the trenches for the first time in a couple of months, got destroyed uh the last two days, and and the worst part of it was I was told by a fellow peer in our group chat, they said, Swizzle, I'm really concerned for you if you're trading right now. It's like taking candy from a baby. And I was like, I want to be offended by that, but it's true because I just I have not been a terminal trader.

SPEAKER_07

Calling Plato your peer when she is leagues ahead of you is hilarious to me.

SPEAKER_03

Well, formerly peers, formerly peers, I don't know.

SPEAKER_05

Yeah, she's not took your money, so relationship seven.

SPEAKER_03

I'm not cut out, I'm not cut out for the for the um, you know, the the pre-bond terminal trading world. I've it's clearly been established, but it feels like maybe the FOMO web app is a nice intermediary for that, where you know, maybe an unc can figure his way around. So we'll see. We'll see. That was a tough blow to hear that. It was a tough blow to hear that I am like a baby having my candy stolen.

SPEAKER_07

Say, you guys have a big video announcement coming for the web app. Um, should be going live in a minute. We'll watch it here. You want to give everybody a quick like lowdown about what we're watching and what you're so excited about for the web app coming out?

SPEAKER_01

Yeah, so the video is live now, so we can tune in in a sec. But yeah, this is the a cool video. We've kind of done a whole week of I would say different forms of marketing, just trying to get people sneak glimpses, doing some streams, doing some you know, short form content. And this video, I think, is something that will hopefully kind of encapsulate what the FOMO brand is about. It's very high production, every single person is a live actor. The team worked incredibly hard and hands-on with the studio to produce it, and it's just going to be something that you know we put a lot of love into, and it's gonna be something that ushers in the FOMO web app, which we're really excited about.

SPEAKER_05

Henry, I think, has got that ready to go as well. Sharp Henry Sharp, Henry. Henry, let's fire it up.

SPEAKER_07

Here we go. This is Houston. A minus one minute until Houston blackout. All eyes are here.

SPEAKER_05

Yeah, man, Jesus, holy plus. Uh yeah, you weren't lying when you said high production.

SPEAKER_07

Yeah, no, honestly.

SPEAKER_03

That was how many how many Houston tickers do we get in the next hour?

SPEAKER_01

All right. Hopefully none, but you know what we say.

SPEAKER_07

There's no doubt. I saw Frank was up there at the top. Frank got a nice shout-out. Frank got a nice shout-out. Frank and Remus, that's awesome. Um that's awesome, man. Well, congratulations. It's fucking huge to have this out now. Um, I'm sure you guys have been working on this for a long time. I first got access to the app, I don't know, like six, eight weeks ago, I feel like. Um it's a huge accomplishment. I guess I played around with it. I think it's great. Um I think it's a really elevated way of using FOMO and allows you, you know, a lot of crypto native people don't just trade on their phones, a lot of them are using their desktops, especially with the Rise of Terminals. Um, so I guess like what are you guys most excited about being able to bring to life in the web app that you couldn't do on mobile?

SPEAKER_01

Yeah, I mean, as you mentioned, I think most of the power users, you know, they're they're predominantly desktop first, right? Whether it's a trading terminal or um, you know, perps or whatever it is, it's it's something that I think most power users typically prefer. So we wanted to meet the user where they were. We've only started working on this about eight weeks ago. So you probably got access maybe a week or two into the development of it. And the team worked really, you know, really hard to ship it quickly. It's something we wanted to get live into the world. Uh, it's something that I think will just give us a lot of opportunity to do different things. Obviously, we're interested in other asset classes over time, but even in the core social product, as I'll show you guys in a second, there's just a lot of room to add more details to have more fun in the social side and just create this experience that's a little bit more dialed in, um, both on the trading and social side. So, yeah, we'd love to let the product do the talking and kind of walk you guys through what that looks like.

SPEAKER_07

Sounds good. Let's do it. Uh, have you got the screen share up and running? Let's uh let's fabulous and show us everything.

SPEAKER_01

Cool. So yeah, this is uh brand new landing page we came out with. It's it's kind of uh emulating the theme of the launch video. This is actually a clip from that video. You see FOMO in the background, and yeah, we'd would just say it's a new reskin. I mean, landing pages are never exciting, but I think that this one is uh pretty cool, not biased, of course. No bias, no bias, not biased.

SPEAKER_05

I gotta say though, your guys' branding, your guys' branding is is really fucking good. Yeah, it's really good. Like it's so clean. Not to glaze, guys, not to glaze.

SPEAKER_01

Like cool. So let me get this going. Um okay, and then yeah, essentially, like I think the marquee features uh of this app itself is it's it's not destined to be a trading terminal, right? Like, we don't want to make this just another app where you're kind of just trading low cap coins all the time, it's high frequency, and all you can do is trade on a single chain. So we created the same experience that we have on um our mobile app into this desktop version here. So, you know, at a glance, there's nothing super complicated. You have a lot of the same things you might kind of expect to see. So you have your different tabs, whether it's crypto, your trending, your most held, graduated bonding. Obviously, most held is the one here that is, I would say, most unique to FOMO. These are just holdings on FOMO. And if you click on one of these tokens, I actually think this is probably one of the coolest things that we can expect to see.

SPEAKER_03

Oh, cool.

SPEAKER_01

You can kind of see all of these face piles. These are all people who are putting out theses on their positions over time. And you can just go and you know scroll through what are these people saying. Uh, some of them are, you know, a little bit more positive than others, but you have the ability to actually, you know, toggle for just friends. So maybe I only care about the people I follow, so that's a toggle. Maybe I only care about, hey, I need it to be 10K or more. And then you can kind of filter this view so you can see how people's thoughts develop over time. And I think it's just something that's very unique. You know, I think this bubble sort of icon style has been done on a lot of terminals, but the difference here really is that these are theses that people are putting out. They're not tracked wallets, they're not KOL accounts that people are aware of. These are real people that are linking their Twitter, signing off on their names, and giving you the full access to whatever their thoughts and positions are. Um, so that's the thing that we're really most excited about as a social here. Obviously, um you kind of have, you know, the same elements you might have on the web, but just in a slightly different form. So you can see all the trades that go on. You can filter this by, let's say I only want to see trades above 5k, um, and so on and so forth. And thesis, same thing. You can kind of see, okay, what are the thought developments of people? You know, what are their positions? And it gives you context on, you know, here this person is put this person's posting this thought. Are they up on the position? Are they down? Are they, you know, bag working? Are they Doom posting? Like what is actually going on here? It's a really good place to see all of this in one place. And um, obviously, holder section is, you know, just as is, um, as it is on the mobile. And then you have this cool new feature which doesn't exist yet on mobile, which is your alerts. So typically, you know, you just have the friends, you just have the global feed, right? Where you can see all the activity people are doing globally. Um, you can see a little shout-out here, risk on podcasts live. And then here is your custom view. So you can decide, okay, I want to only have of the people I follow, you know, I think you know, I don't want to see Paul's trades, I I don't want to see Warren's trades. Like you can kind of just go ahead and go um mark these individually one by one, and then that'll just show up here. You have size filters. Um, you can determine I only care about people who have, you know, 10k or more. I want to read their theses and their trades and so on and so forth. So it's just a really you know custom build that you can do here that's you leveraging FOMO social graph. It's it's very different than um what you might see on a trading terminal because of those features. And and I'm kind of going on and on. So I'll stop there to see if there's anything that's worth uh double tapping on.

SPEAKER_03

No, it's good. Um the the first question I have just quickly is like, you know, we can keep going through different examples, but like you guys obviously still have the mobile app as a core feature. Like, as you were building this out, what was the thought process on like what would you if you're a power FOMO user, what would you recommend saying the mobile app is better for this, the web app is better for this? Like, how would you having gone through this whole build, like how do you think about what the web app is kind of uniquely positioned to help people do?

SPEAKER_01

Yeah, I think that mobile is is you know our bet on this becoming something much bigger than crypto, right? It's gonna be the thing that hundreds of millions, if not billions, of people use, especially as we end up branching out to other asset classes, other products, etc. So I think that that'll kind of be what it's been today, right? A very simple place, easy to use, easy to understand. I think this on the on the website will be something that is as complicated as you want it to be, right? So you want to have, let's say, multiple panels, right? Like maybe this isn't enough for you. And I want to see, you know, I want to have this view of all of these different things at the same time. Like I want to see trending tokens, I want to see graduated, I want to see bonding, and I want to have my alerts. You can pull up this screen and just have this like full experience where it's as details you want it to be. And I think this is where most people will kind of live as power traders, right? People who are monitoring the positions will mostly be on web. People who are actively deciding how do I allocate and actually allocating into these positions will do it on um on the uh desktop version. And it's cross-chain. So you know, ETH mainnet is obviously something that a lot of people are asking for, and we want to deliver that as soon as possible. So that'll be included here along with the other chains that we support today.

SPEAKER_05

Yeah, I saw a lot of people going crazy for ETH, uh, especially around ETH Mainnet coming soon.

SPEAKER_07

Is that is uh risk on news? Is that uh has that been shared anywhere yet?

SPEAKER_01

It hasn't been shared uh at least very publicly. It's been in some comments and some DMs and stuff, but yes, yes, ETH Mainnet is something that we're excited to uh to ship very soon.

SPEAKER_05

Me and Swizzle can uh buy the top of Asteroid again. Uh with a thesis.

SPEAKER_06

You can buy on Tombo with a thesis, so it makes it even better.

SPEAKER_07

Oh man. Incredible. Um, were there any like features that you were really able to enhance from the mobile app um and really improve in the web portion of this?

SPEAKER_01

I think there's a few things. One is like if you notice the prices here, you can see they're probably switching you know 10 times faster than what you might tell mobile.

SPEAKER_07

Yeah, right.

SPEAKER_01

They're kind of flicking up to five, 10 times a second. And one of the things that you know we had to challenge ourselves our challenge ourselves on was we need to have high throughput. So we ended up going with a much more performant infrastructure. We ended up switching almost everything over to WebSockets, which we should have done a much longer time ago, but just given um how busy it was in the market and a lot of the stuff that we needed to build, it just wasn't a priority. So I would say this was a forcing function on just making everything a lot faster. Um, that's one thing that we've been able to do. And then the other thing is, you know, we've just created, I would say, more surface area for additional features, right? Like this isn't something that exists on mobile here. We have your top trades, we'll have your top DCs rotating so you can see those and just a lot more context on what's going on just at a glimpse. And I think that this will be something where you know we'll probably take two to four weeks of polish. We'll we'll probably be taking a lot of feedback in the early days. Uh, some of the early testers have done that tremendously well for us, and we'll continue to just iterate and build the perfect product for for all the users who are um web first.

SPEAKER_07

Amazing. I love you bringing up Swizzle's profile. Yeah, this is uh not dramatic at all to bring up my profile.

SPEAKER_04

No, he's scared to open his promo app sometimes, but when you say, like, oh, I've got to go.

SPEAKER_03

This is the first time I've seen it in two months because I've been too scared to open it.

SPEAKER_07

Um yeah, that's that's amazing. I yeah, I I noticed how how fast everything was, uh, relatively speaking. Um and I'm really I really I was enjoying clicking into everybody's profile pictures and seeing all the theses because like usually it just like fit because on the app it just filters by like my friends basically are like the top traders or whatever. So being able to dive in and see random profile pictures thesis has been really, really fun actually. I can I highly recommend reading it.

SPEAKER_05

I can imagine how this is looking at this viewwood because you don't use like terminal or actually or anything.

SPEAKER_06

So this is how you're like, whoa, first interface, this is amazing. I can't fucking believe it. This feels better than bird eye.

SPEAKER_05

But no, this is uh this is a this is I feel like this is the the target audience for this is um is kind of where I think I feel like crypto's going like and then everyone wants it to go in in the end, like uh away from like spamming new pairs and more into like the established coins, and I feel like this promotes that heavily. Um so I feel like this has come in a good in a good time for the market, you know? Like this is sort of what people are looking to do instead of sit on um trending new pairs page that you can see theses going on and actual things what people want to see. Um so yeah, I think this is a step in the right direction.

SPEAKER_07

Yeah. The question I had for you, I guess, is do you do do you anticipate seeing a shift um of the user base from mobile onto the web app? Or do you and or do you uh envision onboarding new new users onto the web app who might be using other terminals today?

SPEAKER_01

Yeah, I think there's a lot of different angles there. You know, there's people who only trade on web. So some of the power traders of other trading apps, you know, they might have wanted to use FOMO, but it's just not something that met them, at least in their preferred form factor. So being able to launch web app allows us to get more of those users. I think that it also just creates another avenue for people who are power users today to use it on their preferred medium, which, you know, I all of us spend most of our time on our computers. I think the phone is something that we look at when we need to. So it's just something that I think will be a lot more convenient. But I think the mobile app will still be the thing that drives us to escape velocity when it comes to onboarding more people, normies, retail. Um, the world is going mobile, and I think that that's generally going to be the thing that most people find the best to use. They don't have to think about too much, they don't have to customize things or create this, you know, very specific experience to them. But anybody who wants to, and hopefully a lot of these mobile traders advance and graduate to become web traders over time, they'll have this platform which will continue to iterate on over time.

SPEAKER_07

Yeah. So do you anticipate spending you know the majority of time continuing to work on the mobile app or this web app going forward, I think? Or like how do you envision your time split there?

SPEAKER_01

Yeah, I mean, we we have a small team, so everybody obviously has a lot on their plate, but we want to make sure we can keep parity on on both. You know, we want to launch every product with hopefully both on web and mobile. And yeah, it'll just be a balanced thing that we have to always be exercising.

SPEAKER_05

No man, I really like it. I feel like it's really clean, it fits you guys' branding. I know you mentioned at the start, like when you were first going through it, like I feel like this opens the door for a few more things in the future. And I know you mentioned like this is bigger than uh you said something really interesting. Like this is bigger than just crypto, you know, you want to you want to expand into the normie market and and and people what people want to do there. What are your sort of ideas there? Like, are you talking about prediction markets? Are you talking about the FOMO version of like for stocks and shit as well?

SPEAKER_01

Yeah, so I think we we don't want to be super dogmatic about this. I think the way we think about it is if there's anything that you want to speculate on or trade, it should be available on FOMO. And we should figure out the easiest way to get you access to it, and we should find the best ways for you to access the most amount of markets in you know the least amount of clicks. So I think that's our general philosophy is you know, if you're interested in oil or in a tokenized equity or, you know, some sort of RWA or foreign exchange pair, and you know, let's say you want leverage, we should be able to deliver all those things. I think that, you know, one of the things all of the players in the financial space do today is they're trying to become the super app, which is have everything and not have a very specific direction of why you have these things. It's kind of just like, you know, Cal she's gonna add per hyperliquid is gonna do prediction markets, Coinbase is gonna do all the above. And it feels like we're racing towards like who can provide everything. But I think we think about it from a very, you know, nuanced view, which is we don't want to provide everything. We just want to provide the next thing. So we want to be ahead of the curve and we want to provide you the thing that you probably are going to be interested in in a few months or a few weeks. And this doesn't mean you know we cover 401ks and prediction markets and you know yields and all these things in between, just as a catch-all. We want to think about very, very specifically, you know, where is the pub going and how do we skate to a little bit faster to make sure that all of our users can have it in the time that they need it. I will admit ETH mainnet was obviously a miss here, and that's something we continue to kick ourselves on, but that's a perfect example of something that we would have loved to support, you know, as the trend was kind of heading that direction.

SPEAKER_03

In fairness, in fairness on the ETH mainnet thing, like there's been this kind of like shift back to ETH Mainnet because it's almost like vintage and like because it's uh I'll just say bluntly, because it's bad, like because it's hard to use. People are like, oh yeah, it's gonna be harder for people to scale in and out. And that it's almost like that's why people went back to it. So it's not like it's a new trend that emerged. I think that one would have been a little bit hard to predict, I suppose. Um but yeah, I actually was, you know, I was looking over stuff before we had you on, and like I I wanted to ask you about I thought the Colchian polymarket leaning into perps was interesting. And like as a founder yourself, of you know, there's there's always this like scale of like, well, there's a vertical here that has a lot of attention, we could lean into it, then there's what we do well, and then there's like different directions that would be a little more speculative, like we don't know if that's gonna pick up or not. Like, obviously, you said small team, but you guys have had a history shipping things pretty fast, and you're detailed with what you do, like. How are you guys making those decisions on this is worth doing, this isn't worth doing? Because obviously, like building out this web app was not a small decision, not a small task. It was you guys had to be like head down for months to get this right. So, like as you guys think about the next thing, like when you see like a call share polymarket do that, and all of a sudden they're making themselves a purpose platform. Also, does that inspire you to say, like, I want to do, we want to replicate that or we want to do something different? Like, how do you make those decisions right now?

SPEAKER_01

Yeah, I I think the general philosophy we like to work with is kind of ignore the noise and think about the first principles, you know, where does the market look like? Where is it going? And what are the highest leverage opportunities, right? Because there's a number of things that can be valuable. And, you know, it that's exciting to us. There's a lot of potential. There's a lot of 100 X's, but I think that the timing and the way you kind of prioritize these things is what's most important. You don't want to pivot away from your core product when still in a very fragile state. I think that PMF is a word that, you know, people say all the time, product market fit. And you have to be so sure that you have product market fit in the current market and that you are one of the top leaders there and can solidify that before you move on to another product, or else you fragment the experience, right? What do you take care of first? How do you build a good experience on something completely new while maintaining and improving the thing that you are currently good at? And we've been very intentional about these decisions. I think the beauty of how we operate FOMO is it's a very flat hierarchy. So we don't really even formally have titles internally. All of us just are people who think about the product, work on the product, and all things supporting the product. So, you know, we we often are in this place where we can disagree and commit. And we often are able to come to the right decision in some sort of consensus where we think it's the most calculated bet to ship this new product or to enter this new vertical or to decide not to do those things. And I think that keeps us very balanced as opposed to top-down organizations that have, you know, just uh one or two people who might not be very tuned into what's going on, making all the decisions.

SPEAKER_05

Gotcha. How many people is FOMO now?

SPEAKER_01

Yeah, so we today in the office have about 17 people. Um I think that that's probably you know right around the full extent of our team. Um, we do have some people who work on a contracting basis for um some of the part-time stuff that that we handle, like community and um moderation and and things of that nature. But yeah, typically, you know, we're a pretty small team. We'd like to remain small. And I think AI has made it such that that is a real possibility in today's day and age.

SPEAKER_05

I was gonna ask. I was gonna ask, it's interesting. I think a lot of the new companies right now like have the opportunity to run really, really slim, like just like you are, and leverage the most because you know, once you scale to a bigger company, it's hard to adopt new systems like AI. Is it is that something you guys are getting like a lot of use out of? Do you find it's like more of a gimmick at the moment, or do you feel like this is like completely changed the game for you guys internally?

SPEAKER_01

I think it's somewhere in between. I think you know, there are definitely companies on the spectrum that have, I would say, taken you know, a lot more of an AI-centric approach. And you know, these are these there's and one example of this is I I won't name the company, but um one of one of the friends, one of our friends that we're speaking to was like, hey, I went to go visit one of my portcos, and there was a support ticket that came in about this you know issue with a payment. Um, and while the support agent itself, which is controlled by AI, was responding to the customer, another agent went into the repo, identified the bug, made a fix, and pushed it directly to prod. And then by the time you know the customer responded, 30 seconds later, it was already fixed. So there's like levels of how you can integrate things. I think for us, because we work with um, you know, decentralized technology, and there's a lot of things that can go with routing and bridging and you know, all the things in between, we can't be so aggressive and having it scale all the systems, but it's a meaningful part in you know how engineers write code and how we debug things and even how we push things on the non-engineering side with growth growth campaigns and marketing efforts. So I think that we're pretty AI pilled. We might not be, you know, the extreme extreme, but we're certainly you know close to I would say the upper quartile of that.

SPEAKER_05

Yeah, I think a lot of crypto companies in the in the same position, especially like because what we've seen in the past few months, even like the vulnerabilities get exploited very, very fast. Um, I think in Jeff's article, he was like, like AI is really, really useful, but it's just not up to scratch for crypto yet because of the vulnerabilities and things like that it can be exploited so quickly. But yeah, it's been uh it's been a it's been a crazy few months in crypto with uh a lot of these things um blowing up, but yeah.

SPEAKER_01

Yeah, I mean the AI. Sorry, go ahead.

SPEAKER_02

No, no, no, sorry, go ahead.

unknown

Go ahead.

SPEAKER_01

I was just gonna say the AI stuff is really interesting because you know, a lot of the people who are very AI pilled, I just love to pick their brains about like, hey, where does this go? Right, like how does this change not just like the work we do in front of us, but how does this change how society operates, how financial systems work, how all these things kind of intersect with each other. And I think that that's an interesting place to think of because you know, we were having this discussion the other day of like, okay, well, what happens in a world where AI kind of dominates all of the classic verticals that exist today? Let's say it can um get to the point where you can actually, you know, build an entire company in a week, right? Or three days and not just like vibe coding an application, but legitimately build it with very sound principles, with the best coding practices, with really good design, with really good user experience. And this is me kind of just like bullposting crypto, but I think where that ends up going is uh you have a lot of these like really young people who are incredibly smart and able to take a lot of shots. They don't really need venture funding because that lifecycle is a little bit too long and they don't really have the capital to scale. So I think that in a lot of ways, like the best ideas are ones that have been done before. And we see a lot of this stuff with some of the launch pads and some of the stuff that goes on with bootstrapping tokens in companies. But I do legitimately think in a world where you can ship a company today, you need to be able to find the pool of capital from people who actually believe in what you can do. And that probably is through, you know, raising through crypto, whether that is through a launch pad or your own ICO or a similar mechanism. It's just gonna be the way where you can just take a lot of shots on goal. And I I honestly do think that one of these companies that goes through you know crypto first is gonna become a multi-hundred billion trillion dollar company. And that'll kind of be the watershed moment of okay, AI and crypto intersection is here.

SPEAKER_05

Yeah, I think it's still a tough conversation. Just to play devil advocate here, it's like it's a tough conversation. And when companies do blow up and the whole question around tokenized equity, I feel like that's still not a problem that's solved or addressed for. A lot of people have tried. I think CLED's a good example who've tried, but it's still like 10% is only represent like say if CLED gets sold, only 10% goes to token holders, and then you've got uh you have safes, you have it's only available to US citizens. It feels like there's a long way to go, but I I do agree with you in like I'm I'm heavily AI pilled as well, and I integrate in a lot of like my businesses outside of crypto and try and get the most out of it. But it does feel like yeah, the cost to build has gone down to pretty much zero. Infrastructure, like back end stuff still isn't there when you're building that, and it yeah, leaves your code open to so many different possibilities to go in wrong. But it's an interesting time. I still think um, I think you know, everyone can build an app, but not everyone can distribute it as well. Um, I think that's the that's the hard part what a lot of people don't uh think about. Um, and branding as well. Like you can see with with FOMA, this isn't something that gets created by AI. I think a lot of people go like, oh, clawed design's out, all the designers are finished. But like you look at something like this, you look at something like this, and this just isn't possible right now in AI at all, in any way, shape, or form. So yeah, I think a lot of people still overestimate AI a little bit as well.

SPEAKER_01

No, I certainly agree. I think for where we are today, maybe you know, all the things that I've kind of said are grandiose. But I think that the thing I've been pleasantly surprised by is, you know, think about two years ago what AI was, right? It couldn't even answer a simple math question properly and it would hallucinate. Now it can legitimately, if you know what you're doing, build entire products and to end in a very short period of time. I think that that accelerates quicker and quicker. And you know, there's even a heuristic that every quarter AI gets you know two times better. So you can think about how that can compound over the course of many years. And yeah, who knows what this can look like over, let's say, a three to five-year time horizon, let alone a decade.

SPEAKER_05

Yeah. Yeah, a lot of people like to say uh it will kill all these uh all these jobs. I'm sure you guys have software engineers uh internally as well, but like I feel like it just accelerates them, you know. Like these guys just become 10 times more effective, these guys can push 10 times like faster. Like things like the FOMO web app and and things like that. Well, like, you know, in two years' time, how long does that take to build for you guys internally? Like you guys could be shipping products every week. Um, so no, exciting times. I don't want to get caught up on the AI stuff.

SPEAKER_03

So one one last fundamental question for you.

SPEAKER_07

Something I want to call it, say that I've always had my go for it, Wood.

SPEAKER_03

You got it.

SPEAKER_07

Oh no, no, you guys first.

SPEAKER_03

All right, I was just gonna say like one last fundamental question on all this. Um, and I I would say this is a bit of a hard question, but I I I don't think you'll view it that way. I think it's a fair question just based on the reality where the market is right now. When you guys released, obviously, like you guys have future plans and you're gonna do more, but like the core that of this product that created kind of an explosion, uh the social features built around has been very much based around meme coins and like your core user base, your core trader base, they're meme coin traders. That kind of segment of the industry is, I think it's fair to say, going through a bit of a rough patch in the sense of like volume has dried up a bit. Uh there's a bit of, let's say, um, concerns about predatory behavior or like just the the underlying mechanism. People say the the term people use is that like the game has been solved a bit. How do you view all that? Do you think this is okay, we're is it just bear market territory and this will come back? Or do you think there's some validity to that and you guys have thoughts about shifting product, or like how do you view the state of like meme coin trading, narrative, attention trading, and all that? Like I'm just really curious to hear your perspective on it because like unquestionably there's some problems there, um, but it doesn't mean there's not solutions. Uh and I just want to know how you guys are going about that.

SPEAKER_01

Yeah, I think there's kind of two ways to answer this question. One is, you know, our role is we like I mentioned earlier, need to need to be able to see where the puck is going and meet the users where they are. This kind of territory, as we start to build FOMO, felt like something that was very unexplored, specifically on the part of like how do you get one balance to um you know trade across many different chains very frictionlessly, you know, easy enough to the point where a normal person can do it. And then how do you distribute that to people who are not in crypto today? And you know, that was the goal that we sought to solve. We're you know, on our way to working on that problem, we've enhanced it with the social layer that helps incredibly with education, retention, and user experience. Um, so I think that you know, we we view our role as like trying to understand where the demand is and building for that, whether it's you know, for now, for six months, or for much later than the line. There's obviously like time order priority there. But the other way to look at this is, you know, we are obviously very bullish on you know attention assets and meme coins. I think that a good way that we like to look at this is there's probably in any given point less than you know 50,000 people trading these tokens today. I would argue that the demand for people who would partake in this market is probably, you know, many orders of magnitude greater than that, right? You can think about early days with Trumpcoin and Melania and Moonshot and all the appetite that kind of flowed through it. They might have played this game once and decided it was not for them. But I think that there's still an incredible amount of people that would be interested in accessing all these things that exist. Maybe that means that the games need to shift to become a little bit more transparent and fair, which we try to do with all these things of removing practical obscurity and including transparency and just trying to make it a little bit more friendly for the person who might not have, you know, their advanced trading um tools or or their tracking bots or their wallet sleuthers or whatever it is. Um, we want to create this experience where it's accessible to all. And yeah, I think that we're irrationally bullish on this market itself expanding, you know, 100,000 eggs over the course of the next few years. I know that in bear markets, it's often hard to kind of see that picture and to see how we get there, but I think that through every cycle, there has been this like low moment, there has been this, you know, sliver of hope and path and what this can become over the course of the next few years. And it's almost always surpassed that expectation. I don't expect this to be any different. Um, but there's a lot of details to be solved there. And I think that we are very interested in aligning with parties who can help solve that issue, try to expand the pie and get to the greater good. Um, but I I still do think this is such a small percent of what the potential market can look like.

SPEAKER_05

Are you talking about like when you talk about the overall percentage of of of markets? Are you talking about like meme coins or just crypto in general? You know, like every token I'm sure. Yeah, okay.

SPEAKER_01

Yeah. Yeah. I think it's it's both. Yeah. I think meme coins is, and that's why my contrarian take. I think a lot of the smartest people that that um that I speak with think like, okay, the game is solved, and sure, this game might be solved, but I think that the token is still the best transfer, uh both the best mechanism of value transfer ever created. And I just don't think there's gonna be another one that is better than it. Like it's the reason that you know all these institutions are building their own chains with stablecoin payments and um sending balances to one another and and trading is obviously like kind of part of that value transfer category. So I don't think there is a next evolution here, and it's just you know, the form factor is the final form. It's just a matter of how do you iterate on the game in other ways that make it conducive for growth and for the opportunity of other people to come and play this game.

SPEAKER_07

I agree with say fully here, actually. I think that while the current form of it might be solved, you go and look at gambling statistics around the world, you look at polymarket sets, whatever, DraftKings, all of it. Lottery, they're at all-time highs. People are gambling more now than they ever have. And exactly like what Say just said, like there is no better place in the world to turn a little bit of money into a lot of money and be able to have edge at it than there is in crypto and in meme coins. And some of us um are uh old enough to remember when we were crafting the uh meme coin uh uh meme coin uh supercycle thesis a couple years back. Um and the thesis has not changed, it's the same thing, and I still believe in that. Um this form of it with Pump Fund launching a Pump Fund and Bank Fund, sorry Sats, launching 10 million tokens a day. Yeah, like that's not great, but it's not going anywhere either. Um and I think it's here to stay on there's a lot of money to be made as Pump after they announced they just lit$310 million on fire yesterday, has proven that there is a shit ton of money in this stuff. And like I'm living pro I think a few of us here are living proof of the fact that like going from nothing to something very quickly is not possible in many other places. And as long as you can do that and tell those stories, FOMO and apps like FOMO have an incredible opportunity to capture uh users and revenue and market share. But back to something I did want to talk about today, back to your app. Your guys' branding is beautiful, I've always admired it. Um and did you like how how much I guess energy and time went into because the app itself is like so easy to use, and I know you guys pushed this really quickly. Um do you when building this out, was that like your primary focus? Like, how do how do we make this look good and how do we make this easy to use?

SPEAKER_01

Yeah, definitely. I mean, I think what a lot of people end up doing in this problem space is, you know, let's look at the top three to five competitors, let's see how they do it, and then let's reconstruct something that's very similar. Yeah. We took an approach that was from the bottom up where it's like, okay, if we had to rethink about what does a web app look like, what are the things we want, where do they go, and how do they kind of fit in with one another? I would say that design and product and branding, these are all things that we deeply care about because you know, it's important to some extent for crypto users, but it's really important for the world, right? People love to use something that feels good, that looks good, that brings them joy, that they're excited to share. And I think that these are the small things that not a lot of people, you know, really think are important enough to care about. Um, I think that, you know, there there are some builders that do this quite well. Like, believe it or not, you know, I think Telegram used to be one of these apps that I was like, man, like I why does this UI look like this? Why does it not look like anything else that I've ever used? And then I listened to an interview that uh Pavel did with, I think it was Lex Friedman, and he's like, Yeah, like we obsess over the details. Like there's there's you know these things in the background that move that you don't even notice. There's ways that animations feed off of one another, different based off you're removing somebody or adding somebody or promoting somebody or doing all these things in chats. And I think that that really struck like a deep inspiration uh between myself and Paul. We both listened to it and we were like, man, like that's the level of detail that even as you know, multi-decabillion dollar company that this guy pays attention to. And that's something that you know we've done since day one and we'll continue to do. And obviously, we're blessed to have a very incredible designer and a front-end team that can actually build these things alongside in a very efficient way. So, you know, there's a lot of work that does go on here, and and we're we're always incredibly proud of everything that they should.

SPEAKER_05

That's uh that's an interesting let you guys listen to the yeah, the Paval uh pod. I really like them as well. And I I was saying the other day it was an interesting conversation on the messaging apps and how it feels like Telegram still just feels maybe because we're all we all use it as just like a native platform to speak to each other. It feels like the superior app. Like it feels like the superior app. Um, not just because everyone's on it, like I wish everyone used it um and it was my regular, um, because it does feel just cleaner than the rest. I go back to WhatsApp. I know European guy, WhatsApp, no one else uses that in the US, but still, it feels clunky, it feels uh it feels odd. But no, I feel like you guys uh you guys are definitely onto something here with the uh especially with the thesis and that as well. I I feel like when you were scrolling through, even just on on when you scroll through thesis, I would love to see like comments under people's thesis because I think it creates a lot of conversations, um, some positive, some negative, because there's a lot of opinions in this space, you know. There's a lot of people who agree with your take. When you sell a coin, there's a lot of people who get angry. I think uh some of you guys could tap into definitely like the the the comments and yeah, I think it because it a lot of that goes on on Twitter, you know. A lot of that goes on on Twitter, and that maybe that new end user doesn't have he's not tapped into CT because I think the CT we are all aware of is a very, very niche place, like more niche place than we realize. And you actually speak to someone outside and they just have no idea what's going on, man. Like they they have no idea, nor do I expect them to either, because it's uh sometimes a bit of a intimidating place.

SPEAKER_01

Yeah, definitely. And and you struck something that you know I I probably should have talked about earlier. It's there's a lot of social stuff to still be explored here, right? It's like there's a very light layer, it's it's very easy to use, but there's so much more we can do comments, messages, you know, um figuring out ways to make this more of like a Twitter Instagram style where you have a notification center of people following you and liking your theses and you know, more discoverability. And these are things that you know we think about almost every day. It's just a matter of how do you roll it out in an intuitive way, something that feels very light and easy to use without kind of disrupting what exists today in its current form.

SPEAKER_05

Yeah, I would I would I would say that as well. I would say that as well. Even when like I first used the FOMO app, it was like it felt like the first iteration of of social that worked and and felt natural compared to what we had in the past. And like now you have a good opportunity to sort of build on that, but you don't want to you don't want to throw too much down people's throats, you know. You don't um but it's like I feel like yeah, you guys have a great opportunity to to to see some of that stuff that goes on on Twitter, um, in Telegram groups, etc.

SPEAKER_03

Like it's such a fine line, right? Like it is, yeah. Wait, especially when you guys have something like you do where you're kind of caught lightning in a bottle and it's like a really core, simple, very simple thing, and it works. And then there's so many ideas that are good of like, oh, we could add this, we could add that, whatever. But it's like, man, every time you think about adding one of those things, are you risking adding too much complexity to take away from the simple thing that you have? Like, it's such a hard balance.

SPEAKER_01

Yeah, exactly. And I'd I'd love to flip the question to you guys of like, you know, you've you've used the app, you kind of see it. Hopefully you get to use a lot more. But what is like one thing from each of you that is like a critique or something we can build that you think is very much missing today and would benefit your experience?

SPEAKER_05

Yeah, I would say for me, if I'm speaking from like a business perspective and and like what I think would would would benefit you guys the most, uh it's it's a tough mode to to crack, but like I think you probably have plans for it already, but like a like yeah, like a feed, like a feed. Keep everyone in this app, make it so you don't have to go to Twitter to check out other things. I have a have all the theses load like on a on a feed where you can like and comment and interact with one another. It's it leads to more. Discovery of profiles, maybe some who aren't on the leaderboard who have interesting theses. Like, for example, Remus, like when he had a thesis on Whiteway, it wasn't on the leaderboard at the time, but he had a crazy thesis on uh White Whale. Um, but involves creating your own algo um and feeding that in, having a for you page, a following page. Um I think that's a tremendous moat for you guys. Um, because everyone here, everyone here does the same thing, you know. We go on FOMO, you check the thesis, and then you load up Twitter. You might search the you might search for the token tag in Twitter, like a lot of people do that and scroll through all the all the pages, and that's sort of what you guys have. Like uh when you search a token, you see all the theses, but it's like, yeah, what's it could lead to more discovery on uh for new tokens, new theses.

SPEAKER_03

But yeah, that's for me. Yeah, for me, I think it'd be um, and I'll start by saying I have no idea how you would do this, um, what the fix is, but like some type of like uh credibility like factoring for like the the the social features that exist, they're great, but like you know, you we we talk about transparency and we talk about trying to make this a place where like you can kind of value the social interactions that come about. And I think there's just there's a lot of gamesmanship that is understandable, any new game or new feature you put out, people are gonna figure out how to utilize that to their advantage. I think if there was some possible way to add some type of like credibility factoring in where uh there's a benefit or incentive for basically, you know, people who stand by their word or people who are able to provide, even if regardless, just able to provide value to other to other users. Um I don't know how to pinpoint what that is, but I think there's something valuable there, and I think it's something that's probably doable in a way that could like enhance the social graph as a whole. Um I wish I had some type of answer for you, but like I would love to see something along those lines, and I think I my gut says that other users would love that too.

SPEAKER_07

Um I think um one thing that I would like I think would be cool, um, and I think you know uh Trevor tried tried doing this with his with his company back in the day, but I thought what's something that would that I would love to see was an ability to kind of um uh bundle in like other tools that everybody is kind of frequently using. Um so bubble maps or whatever it is, a version of a FOMO version of that where you can quickly like pop open a token and you can quickly see things that a lot of uh high usage traders are gonna be checking every time they go to buy a token. Um, like top wallets or whatever it is. Um maybe because you know, not everybody who owns a token is on FOMO. Um so uh being able to see on things like that within the web app, maybe given that it is um on the web and the internals of that, I think that would be a really cool thing to add in here.

SPEAKER_05

Yeah, I I feel like you guys have the opportunity here, and especially with like the initial user group you guys have and the core user base you have, like you create an environment where you don't really have to leave FOMO. Like all the interesting shit goes on on FOMO. Like when you go on Twitter, you know, best case scenario, people are just reposting thesis, what they saw on FOMO on Twitter. Um, like I feel like you guys have an opportunity to make it literally so you like I open the FOMO web app and I don't have to leave. I don't have to leave. All my source of information is here, all the information I could possibly need is here. I don't get anything else from Twitter because you know, Twitters as well are hard to hard to dig through the noise. And I feel like FOMA have an uh an opportunity to cut through that noise and tap into what people actually care about. And you're building for a complete separate thing, what they simply can't offer. Um, because they're building for a whole whole different user base, they're not tailoring just the this crypto space. So yeah, I feel like you guys are in a in a really good spot going forward, and I love I love where you guys are going.

SPEAKER_01

No, much appreciated. I mean, I think I directionally agree with uh all the things that you guys mentioned. There are things that are on our mind today, and and hopefully we can you know ship the best version of all those things in a very timely fashion, and and we'll love to get you guys' feedback as uh as we continue to add new things. For sure.

SPEAKER_07

We're here to do that. Um one thing that's not FOMO related that I do want to talk about, guys, is uh SATS and uh you guys been top blasting asteroid left and right. Where do your positions stand? Because it's been contentious. I basically told you guys you were gonna buy the top, get up a little bit, get cocky, and then lose all your money. And that hasn't quite happened.

SPEAKER_05

Manilia.

SPEAKER_07

It's looking more and more likely that you bought the top.

SPEAKER_05

Look, how are we feeling? This is the bottom. Surely this is the bottom, first of all.

SPEAKER_06

Uh you know, I think it's a little bit perilous, yeah. Play barely. This will be soon.

SPEAKER_03

We we got the we got the announcement earlier. This will be available to be seen in real time on FOMO once once Eve Main Net is added.

SPEAKER_05

Soon.

SPEAKER_03

Yeah, very soon.

SPEAKER_05

I mean me and me and Swiss will be posting our thesis going, guys. Look, this is it. And then and then you'll see us knee sliding, getting celebrating when it's 15% up, like Wood said on the last show, and then in complete despair when we're down 30% here. But uh I'm still hanging on, man.

SPEAKER_03

I can't lie, I can't lie that like it's there is a distinct possibility that the only reason I still hold is because of Wood's shit talking. And um I am feeling pretty dug into the ground here. Uh, and I'm I'm fitting my technical analysis to my bias. So things are looking good. We call it a bullish consolidation.

SPEAKER_05

Yeah. Um, did you guys see Vitalic sold the other one as well? He sort of like he got sent like a hundred K worth of the VAMP and he just fucking one click sold it for USD, not even ETH.

SPEAKER_03

He's been doing that for years. I feel like anytime anyone sends him something, he's like, I'm taking that money, that's mine.

SPEAKER_05

Yeah, fair enough, you know. Fair enough. Like, but I thought it was interesting. Yesterday he sold for USD, didn't sell for the ETH, like, doesn't want to hold ETH anymore. Fuck that. Give me the USD. I don't know what he even does with it anymore. Probably just off-ramps and fucking buys a car or something, man. Jesus. What a time what to be in. Get get get Vitalik on the FOMO app, man. See this guy once you can use it.

SPEAKER_03

Do you have much time to trade at all? Or I assume you're so busy building this stuff you kind of stay clear of like trading in and out of individual tokens.

SPEAKER_01

Yeah, mostly. I mean, every now and then I'll I'll find a coin that I want to support. And I think that we talked about this earlier, but I'm just a buy and never sell kind of guy. So, you know, the coin goes to 10.

SPEAKER_03

In this environment, I'm right there with you. And uh they're they're trying to retire us. They're trying to retire us.

SPEAKER_01

So we will win one day, though. I'm I'm sure of it. You know, it eventually swings back, and the best winners are gonna be the people who trade just like us. So yeah, I'm excited for that time.

SPEAKER_07

It is true that the people I I was thinking about this Ellie last night after after Plato, after uh Plato told Swizzle that trading with him was like taking candy from a baby. I was thinking to myself, like, the people, yes, like right now it is like taking candy from a baby, but the p everyone I know that made the most money last cycle did so by holding irrationally. Holding through the city.

SPEAKER_03

Yeah, they don't care, they don't understand. In all seriousness, they don't understand how this game works. It's uh it it does have it it plays its course both directions. Maybe I I think our style, our style, the the buy and hold and bolt poster bags, it it's definitely in hibernation right now. Um but definitely yeah, it's the that's an elegant way to say it. But the reality is like if and when it does happen again, I'll just say it bluntly. These people are not gonna uh they're not gonna benefit from that because it's it's so hardwired into their DNA that like to terminal trade, you know. Um it's possible it never comes back, and and they'll just keep churn grinding out the winds in the slot machines here. But if it does come back, then then we're gonna be out of retirement with a vengeance in that case.

SPEAKER_05

We will be there. The asteroid trade will be a simply figment of my imagination. Simply differently.

SPEAKER_03

It could be the start. The asteroid trade could be the start.

SPEAKER_05

Could be the start would sideline to the you know the the the table.

SPEAKER_03

Spoiling would guys I don't know. We are about to start a list of wins over here, actually.

SPEAKER_07

I generally two days ago I had to ask, like, what is the asteroid thesis? I just don't get it. That's the first mistake. People just like con and people just like condescendingly were telling me, like, bro, like it's Elon. It's I think I I think print told me that it was it is a once a year if not multiple once a year if not multi-year um coin. And I was like, excuse me? I how am I missing this? And you guys, you guys can't believe that. I kind of agree, but like, look, I'm a backhoe, you know.

SPEAKER_05

I hold a lot of the I hold a lot of it, so I hold a lot of it, so it'd be it would be bad for me to come on in and go, no, no, no. I don't think it's good. But like it's the first coin I've bought in size in a long time.

SPEAKER_07

Like Sat, I don't think you shitting on asteroid is gonna negatively impact the price.

SPEAKER_05

Uh no, no, but like, yeah, no, no, but I'm not gonna come in and go, yo, this coin fucking sucks, even though I hold uh a lot of it. So I hold an embarrassing amount of this coin now. I still buy now, it's fucking disgusting.

SPEAKER_03

Um in any case, in any case, there will, if there is a once-in-a-generation coin or once in life coin, you'll be able to trade it on FOMO. You should trade it on FOMO, hold it publicly for everyone to see, talk your shit, gain your reputational edge. Um, and uh that's we're excited. We're excited to do it on web. So thanks for coming on, say. Yeah, thanks.

SPEAKER_07

I appreciate you coming on, man. Yeah, I appreciate you taking the time. I know it's a busy day for you guys. I heard uh Rasmir is over at the office right now.

SPEAKER_01

He is, he's uh he's occupying one of our rooms, so you might see him uh streaming here all day, and we'll pop in and out of there as well.

SPEAKER_03

Is that why you're not at the office? It looks like you're uh you're somewhere else. Like Rasmir's here getting out of here.

SPEAKER_01

No, no, this is one of our office rooms. It's actually here. Let me so it's uh you can see everybody out there. Yeah, we've got a little bed, man.

SPEAKER_03

You looked comfortable. I thought that was behind you.

SPEAKER_01

No, no, this is our office. This is our uh a comfortable room, the shoes off room.

SPEAKER_03

Okay, cool.

SPEAKER_07

I love that you have a shoes off room. That's incredible. Um, sweet guys. Um, anything else we want to touch on?

SPEAKER_05

Nah, thought.

SPEAKER_07

Say any closing words?

SPEAKER_01

Um, yeah, I mean, as always, it's a pleasure. You know, I I love listening to you guys shoot the shit all the time, and this is the second time on, so it's great to be involved, and I feel the energy when I'm here. So it's awesome, and and I really appreciate you guys having me on.

SPEAKER_02

Yep, we appreciate you, man. Thank you.

SPEAKER_01

Awesome. Until next time then.

SPEAKER_07

We'll have to uh we'll have to no now say dead. Everyone's dead. Everyone's dead. Alright, say it's gone. Um alright, sweet. Uh well thank you, say, for joining. Uh he's not here, but thank thank him. Uh posthumously.

SPEAKER_03

Um, it was a great episode.

SPEAKER_07

It was great to just hear more and hear him talk candidly about everything. Um answer some good questions.

SPEAKER_05

Man, they could I feel like I feel like uh they're they're gonna do really well. They're gonna do really well this year. I feel like this is a big year for them. And like this is that's I like your idea.

SPEAKER_03

I like your idea about like integrating the whole social feed and everything in there.

SPEAKER_05

Um I feel like that's their mode, man.

SPEAKER_03

In a way, it's it could be good for the world too, because it's like let's take all these meme coin degenerates and let's shove them into this place and keep them away from everyone else and just lock them in there, and the business can explode there, and we can we can rid all of us of society irl.

SPEAKER_05

It's it's like that could happen as well, and then you're gonna have one token blow up like from from FOMO and the from the people in there, and then it will track loads more people to come in and be like, what is going on in inside this space what I don't have access to in Twitter? And then like you're gonna have people reposting the like the clips from or the thesises from FOMO onto Twitter. Like, I feel like it's a great mode to one attract users and two, uh like make it the only space where this stuff is going on. Um, but yeah, yeah, I know he has big ideas. I see a lot of things that I saw his uh his Facebook post the other day, so I know social layers what say shooting big the most. Shoot him big, man. Shoot him big. Some some people call him say Zuckerberg, I've heard Sats.

SPEAKER_07

I love that you're just artistically using a Rubik's Cube on stream now.

SPEAKER_03

Oh my god, like this guy I wanted to make so many comments. This guy is drinking Capri Suns and and fucking around with the Rubik's game. I've got all my shit going on. Is that you're vaping happening over there? No, no, no.

SPEAKER_05

Like spins around in your hand like this. Oh my god, it's fucking addicting. I'm telling you, telling you, you guys don't know. You guys don't know.

SPEAKER_07

No, I'm 38 years old. I don't know. No, you I just I'll be crazy. I'm the shit when I'm just I just raw dog life.

SPEAKER_04

There you go.

SPEAKER_07

There you go.

SPEAKER_03

I don't I'm a fucking raw dog jumper, rah bird eye, raw dog life. That's what we do as unks, man.

SPEAKER_07

Speaking of unk Swizzle, Swizzle never sold his Unk airdrop. He just round tripped 150, 160 grand. Yeah. So shout out Swizzle. Yeah. So if you want to make a lot of money in the future, my my recommendation is bundle the supplies, sell it, send it all to Swizzle. Yeah, hold for yourself, multi-wallet the rest of it yourself, and just sell on Swizzle, and Swizzle will bullpost it for you and never sell, and you'll get it.

SPEAKER_03

At some point, does this pay off for me where it's like the reputational like, oh, this guy never sells, we're gonna send this token. And then you sell, yeah, yeah, and then that's the one time I sell, but like I I feel like uh I've been building this legacy up for years, but it's uh it's not paying off, guys. They're not they're not catching on. It's a good thing.

SPEAKER_07

Taking candy from a baby, yeah.

SPEAKER_03

I suppose so.

SPEAKER_05

Plato's been robbing us for too many years, man. Fuck.

SPEAKER_07

Dude, uh, there was last thing was uh someone said, Do you think you can trail Plato or uh Razo into a coin and make money?

SPEAKER_05

No way. No way, man. Jesus. I think I'll get uh but to be fair to be fair to Plato, she hits every runner, but it's like in the middle of that, you know, you gotta suffer through like you know, buying every coin on the blockchain.

SPEAKER_07

Like you gotta suffer paying for her parents' watches and all that stuff in between, you know.

SPEAKER_05

Fights to Pakistan.

SPEAKER_06

Let's wrap this up, man.

SPEAKER_07

Um we'll be back Friday. Friday we'll be back. Yeah. Uh 12 p.m. Eastern. Um go check out the FOMO web app today. Use promo code RISCON to download it. Or you don't download it, you just go to the website. So just create your app, create your account there. Promo code risk on, uh, check it out today, and we'll be back Friday.