Unknown Speaker 0:08 You're listening to social bees radio, where we put the honey in the honey pots. I'm your director rickster. And if you ever wanted to know everything and anything about web three crypto or NF T's, you're in the right place. So fasten your seat belt, get ready, let's get started. Unknown Speaker 0:36 New trends are shaping the business of web three, and Dows look to be like the cornerstone of next generation, digital infrastructure and the future of blockchain technologies. This is kind of what these things will be built on. And that means that means you and I, because we have positions in these dowels. And we have positions in these routes through NF T's. If you can kind of see how it all goes. It's a very beautiful thing. And again, that's why I get so excited and why we do these type of shows. Because I want you all to, to really no, this digital city, you know, it really is what we're literally building an inside not this physical world inside this digital city. There's insurmountable, infinite material, there's no it's not like we need real wood to build a house. You know, all you need is the smartest, most innovative, most, you know, brilliant people to come in here and start building because it's it's it's, you know, there's there's an infinite amount of, you know, material or just like I said to build, there's, there's no, there's no stopping it. So it's very cool. Like I said, Oh, Unknown Speaker 1:48 that's, that's why they I've heard the Fudd on the metaverse because there's there's always more land, you know, you would do it and get onto the island in New York City. There's only so far you can go you the Hudson River or, you know, the other side. And, you know, there's only so much you can develop. So but in the in the metaverse, you can't there's no there's no limits, you just get the next block gets developed, the next block gets developed. So it's a little crazy that, you know, the board apes sold $300 million worth of land when they can just, you know, open up some more next week. Oh, yeah. But you know, it is exciting. I just I don't know if I'm $300 million worth of land sold is crazy. Unknown Speaker 2:38 But if you look at like any that sandbox, it's all good. Yeah, somebody can go build another land, but maybe not next to them right to four days, that's again, gotta realize that's, that's the attraction, that's what it is. Because you're going to be next to them, they're going to attract a lot of attention. So having a little store next to them, kind of kind of a big deal. I don't care where you put it in Unknown Speaker 3:03 a little a little bit. But then let's stay I'll give you two real world examples. You have Las Vegas, which was built in the desert for the reason of you know, okay, let's go out in the desert and have fun, and casinos and every like this. And then you have Disney, which built, you know, in the swamps of Florida, and brought everybody down there to do Disney stuff. And then universal and open until decades later, right? Right down the street or ways down the street. But you know, that's the that's the thing. There's, there's limited space, you know, on earth, but in the metaverse is anywhere. So you know, when the bees go staking their claim inside there, people are going to want to be next to us. Unknown Speaker 3:43 That's right. Because I mean, they know that we're you know, this this huge beacon, this light, so it's good man. For over a decade. This term right here, Tim and I mean, this is usually where I first kind of tell people to start out with the blockchain. It's synonymous with Bitcoin, the infrastructure and Bitcoin, the cryptocurrency that's kind of what everybody understands. That is the foundational technology of why Bitcoin exists. It's the most popular cryptocurrency by far everybody knows when you hear to say Bitcoin, and even people that are not in crypto, they know that. But Satoshis branding genius should be recognized alongside his mathematical and technological genius, because that is that's kind of crazy how that that started and just how it took a good 10 years for that to really start, you know, like a freight train, and now it is now that is kind of the leading the way. We're all these banks. There's no stopping the genie out of the bottle. Now, Tim, it's kind of kind of bonkers, right. So, crypto lead Google's search performance and blockchain category, right it did that in 2020. This thing, but NF T's and I want to show you NF TS I have searched. And it just happened earlier this year, it surged past the terminology crypto nfts have now taken over the Google trend of crypto that should take you and give you a pause. Right. So, and I don't know how hard it is to see, like I said, on video or on this thing, but down here is the summer. This is the summer of NF T's of our NFT, crazies, Josh and dusty and you know, all those guys, Austin and Scott, those guys doing their crazy research, all down here, right? And then it took off, it started doing its movement. And now we're at the point where it has now crossed and been it's more trending and more searched than crypto. So it's not about losing direction. When I feel like I said when I talk to people, whatever people, it's not that and you got to really understand that. There is a lot going on here. And these things all go together. They're absolutely I mean NFT is literally our cryptocurrency anyway, hopefully people understand that and I know they do in our group, but anybody new you got to understand that NF T's are non non fungible tokens. Literally there you go tokens, there are crypto. Unknown Speaker 6:21 So that was Elon tweet the other day you remember that one? What's up a collage of the Apes? Yeah. He said it looks they look pretty fungible to me. So, you know, he's just taken a little dig Adam, but yeah, I mean, it's, uh, you got fungible tokens and non fungible tokens? Yes. The names are supposed to be non fungible tokens, and he just did a little jab that they, they all look a little fungible to him. But, you know, that's, that's the difference. They should, you know, now, since they're crossing paths, they'll cross paths back and forth, depending on, you know, what's in the news, what's hot. But they go hand in hand, just like, Unknown Speaker 7:01 oh, yeah, absolutely. But Bitcoin has also been under pressure from Aetherium. As, as developers choose, they're gonna choose between one of these two, and also down the line, Tim, I'm sure we're gonna see that there's gonna probably be another one that would be ahead of those, because again, their first the first two movers, but Aetherium is kind of starting to be a choice between the two. I know bitcoins still way ahead, but there's a choice. But but for building out the cornerstone of web three Aetherium is is the Big Daddy, right? That is the digital real estate, where all these layer twos are building on top of and it's, it's, it's kind of enjoyed a first mover advantage with smart contracts, and has benefited from the walled garden approach that many developers took to building platforms and web. So I mean, kind of everybody is flooding into this space, because I know that you can do, like I said, I'm not a developer. I'm not deep into any of that. But I mean, I know Bitcoin has a Lightning Network, and there's things being built on it. But this is by far the choice of most people who do that. Right. But yeah, d phi, and the Dow model, right? It says I kind of, that's why I kind of jumped ahead, but it is the digital real estate that we're talking about here. But this model is gaining the most, the most ground through platforms offering compatibility, and interoperability with the theory. Over half the top 20 currencies have an association with Aetherium. So I get that and I, again, our people do, because they're most of the dome are layer twos, and they're built on top of that stuff. But things like Cardano we know that it has its own blockchain. Hint, hint, things like blah Opus, they have their own blockchain. This is this is important to understand that some of those and why people always ask why, when when Bitcoin and Aetherium are all moving. You see the same look and charts for the other tokens? Well, there you go. And also because they're the two horses, right, but that is that is the reason why because most of them are built on on top of a theory. And if T's are changing the demographic model though, Tim, that's changing it. Because NF T's have begun to change the demographic demographics of crypto consumers with more females, especially millennial female females, looking at the medium as both a renaissance and profit center for their art and collectibles. Females are neck and neck with males and make up almost half of NFT ownership across all age ranges. According to statistic that's crazy, right? Compared to cryptocurrency were 90 per Send a Bitcoin users are men. So that is, that's a huge democratic demographic shift. And awesome because we know, like, we got wings of wisdom, we got the women of crypto Dave's all kinds of women in our group, super intelligent, very much go getters and, and staking out their own place and doing their own thing. So that is very cool. And again, that's something very different, especially when you're talking about technology. It's not that women are not there. They're brilliant. It's just that sometimes technology isn't even in there. They don't even like it. You know, I tried to talk to my wife, she's like, I don't care about that stuff. But that's just because we're all you know, we're built differently. But that is cool. And you can see it just in, in general, like, obviously, art, that is definitely something that's attractive to women. So there's all kinds of reasons why these NF T's are causing this, this this adaption? Because, again, we know, because like I said, we've seen it, we've had our own cryptocurrencies, but look at the bees, now we can go talk about them in a different way. And we kind of like, you know, say that a lot, in many ways, because you could talk about the attributes, talk about those Superman bees. But um, you know, it's just me, right? Unknown Speaker 11:16 Absolutely. Let me see, we have we have women stepping up inside our group with the women of crypto, the wings of wisdom, all that kind of stuff. I mean, we have great groups of women that are that are very into it. So it's exciting to watch. Unknown Speaker 11:30 Yeah, honey radio, they do all kinds of awesome spaces. I mean, and even to all the other women that that are not in our our ecosystem. There's a there's a ton of women led projects. And that is that is incredible to see. That's a great thing. You know what I mean? So I'm pumped for that too. But, you know, this is from grocery stores. This is just talking about eliminating the barriers men, but from grocery stores, to traditional distribution channels or better understanding that can be a catalyst that links the masses to NF Ts. Mobile telcos and telcos telephone, telco, telecommunications, for example, are leading the way by distributing NF T's directly from their decks, right telcos around the world have the advantage of their platform, having their platform in the hands of most people. One of the things that are tokenomics have the token and the NF T's is 10% goes to get in foamed in people's hands. Again, huge thing. That's because we're going to start be using these phones, to kind of just all this mobile payment is really, really going to come into focus. And that is, that is a cool thing. Because you know, it's a must that needs to happen. Unknown Speaker 12:50 Well, we mentioned the mobile payments and Starbucks having the number two mobile app for payments. Now going to be starting to take crypto, that that's amazing. But, you know, we've been, we have been ending each show where you can mine your own us crypto in your open ID Wallet. So I mean, it's coming and that's just, you know, warming up priming the pump on that on that app. So we've been we've been working on that for a while ourselves. Unknown Speaker 13:18 Yeah. 100%. Absolutely. But this G FTX. A West Coast based, emerging NFT exchange, has launched their low to phone number markets, and it's launched in Thailand. With the leading telco true mobile, it serves over 60 million subscribers. Through a simple login using consumers phone nooses, new subscribers can unlock NF T's and begin their journey into that digital universe and as digital assets, and Metaverse stuff. So what's notable here is there's no need for subscribers to understand the complexity of blockchain or crypto to get started, low to number is frictionless, easy to use with zero barriers to entry, that's, you're gonna see plenty of that, when you start seeing companies doing things like that. We know of another one to that, that's going to use that set that same one where there's no barriers to entry, and you just might need just might need a picture. You know, that's, it's very cool. So it's exciting when we can kind of start seeing all of this come into focus, because, uh, you know, we've been at it for two years, and sometimes again, it it seems like you're doing all kinds of different things. But this other guy, Jonas Hudson, the co founder of GF, dx, he said the ability to deliver NF T's or enable NFT trading, it shouldn't be rocket science that shouldn't be that difficult. There, there are over 10 steps for a user and we know because that's what we do. We help kind of help people on board, but there's like 10, maybe 12 steps for anybody to get it in. And I know I was really just thinking, Oh, no, it was Coinbase Metamask. But those are steps. I mean, you literally got to go and set it up, do your driver's license, then you got to wait for them to approve you. There are a lot of steps everybody. And it's not that is not user friendly. So it's more web two than web three, that, that this difficulty it's web to kind of people slipping up and, and, you know, tripping up in there. But generally, mainstream consumers do not like to give out personal information. I'm wonderful. You know, I don't I don't, I go to like things like Top Golf. And I don't even want to, you know, give out my phone number. And I'm trying to set up and play a game. But I don't like that either. So it's essential to grease the wheels to make every consumers maiden journey simple, fast and exciting. And again, that's another thing that we are we are going to the bees are Dao is all about helping these these corporations, these companies, these other web three projects, these other crypto NFT projects, help them with their communities, and help that make it an easy transition transit transition for their people from web two to web three. So again, that I mean, it's kind of a heavier lift, there are some things obviously, you starting to see some applications and tools come out that help you with that. But you know, it's still not there. It's still not there. But, you know, intellectual property and web three. So NF T's and Dows are flipping the traditional IP model in its head. In 2017, crypto kitties created a revolutionary model for IP rights by assigning right holders of the NFT the ability to generate revenue off of the the IP here, it's basically a licensing deal wrapped in code. And we know because we talked about it with the bees, we own it. That's one part of the actually what the B, you own that entity. And you can go I've seen, I've seen cool projects, putting that label on for honey, we got our own honey jars, and they're selling that kind of stuff. Tim, you got the shirts that you're doing, we got a lot of people that do merch. And if T dog tags, they do their thing. We're putting them on dog tags. So it's happening in our group already. But this was one of the first to kind of do that crypto kitties. You know, they allowed licensing to enable the transfer of use of the art associated with the kitty creation, you know, to the users. So it's kind of cool, you know, the port apes do that, too. But commercial rights, it can be expensive if you didn't have that. So that that is that is something that people don't even understand yet. Right? Even maybe in our group that that value that they can go out and do something with that. You know? Unknown Speaker 17:55 Absolutely. Yeah, that's a lot of potential right there, you get a group that takes off. And those rights can be worth a lot. And it it by association, if someone inside your group makes a great deal with a big company or something like that, then your your NFT becomes valuable, which is, you know, just great to be in that group. Unknown Speaker 18:20 That's why we should all be cheering each other on and pumped, right and pumped when we all start making these deals and want to help in any way we can. If if there are projects coming in, whoever brings them in, right? We should welcome like I thought it was awesome listening to spaces this morning, and football ahead and had sack head being up there and do an amazing job. And you hear somebody coming up there and say, Hey, man, I love you guys. I just want to get in and be a part of what you guys are. Y'all are awesome. And the guy just goes off and buys a beat. That's exactly what you're talking about. That's what you want. So hats off to them. I want I want to see a lot of it's been happening in the spaces anyways. It's good stuff. But this is your favorite Tim I know. But it's contrary to the Disney model where Disney is a centralized Corporation. And they own all the IP verticals and licenses and distributes it and they protect it like like like a roaring lion to you go even just put anything Disney up there lawyers are going to contact and listen, that's cool. I understand that too. I mean, they've worked hard. This is definitely not just something against all that but it's completely opposite of what is going on. Right. And you know, that is that is really neat. So you know, for example, the board eights doesn't brew beer. So they let their owners of the ape use branding to create a product because now there's a beer you know product that Has the ape on it. So, you know, they're not all the ones doing it. But there's individuals in that group that do and now they can take that brand. And one off it seen stuff with Adidas, and now on sneakers, it's quite incredible what what's coming. And this is just the tip of the iceberg. It's crazy of what we're trying to explain everybody of how you're really going to own your rights. It's just neat. There's an issue with rights beyond art and entertainment. And that deals with ownership issues related to medical records, legal documents, and other IP move from wall to wall, and NFT, or dow can manage those types of rule sets. So there's other things when you start getting again, a lot of our group is very educated in this, but you start going down that path, there's so much more to what NF T's can do. But this, this part of NF T's, it allows you to own your value. And you can see it with artists, you can see it with musicians. And now now you can see it with creative people. And I want anybody to know that it has the bees in it, you are creative, because you saw this, you saw what's going on. And now you can take any idea. And you are with a group that can execute that idea and make it happen. So you know, it is the sky's the limit. And the more of us that do that, the better. Because again, just like what Tim, we were saying anything that comes in here and adds value is going to be a benefit to the group, it's just going to increase more and more and more of our value. So kind of that's all I had there. And you know, like I said, it's it's exciting times men sighting times to live in. And just crazy, bro. Oh, you're muted. You're muted. Unknown Speaker 21:51 There we go. I'm gonna give a shout out right here. We've seen your xe I think that's the guy that's in warning put his be up as his Twitter profile. So everybody get out there and follow him. I'm gonna put his gonna give an input. We're gonna put his name in the comments here so we can get him some love from the beet crowd and everybody that's out here. There it is. So go follow him. Tell them tell them you're glad to see he's a bee. Yep. Jim buzz buzz. And that's it. Tom buzz buzz what's Unknown Speaker 22:25 up? Hear me? Unknown Speaker 22:27 But no, that's great stuff. All good stuff. Good. Friday, Ray, happy Friday. What else we got going this weekend? Mother's Day. Good time to be loving on the moms. That's right. Unknown Speaker 22:38 might be, you know, might not might might need to, obviously spend some time, you know, so might be light on the meeting in real life. Yeah, IRL, with the monks. So if some of the meetings a little light, a little light meetings this weekend, you know. Unknown Speaker 22:55 All right, sounds good. And that's about it. So the only change is, here is the link to the YouTube and I'm gonna put that again inside the comments so that people can do it, we're going to instead of, you know, playing it at the end and playing it out and everybody drop it off. I'm just going to give you the link to that so that you can watch that yourself. And of course, we're going to update all those QR codes very soon. So that you can go to there directly. But thank you everybody for watching. Please like, share and subscribe and tell a friend about what's going on with the BS but there's the link to the YouTube so you can go mine your OS, open up your open ID wallet and get after earning those us Unknown Speaker 23:39 little more than upgrading to different codes. There's gonna be a little more Yeah. Gonna be a little more the QR codes there. Unknown Speaker 23:46 We don't need that much alpha on a Friday. Unknown Speaker 23:49 Let's start off there's gonna be more than QR codes. That's nice. That's good. Good stuff, Tom. Good. Unknown Speaker 23:55 Alright, everybody. Thank you very much everybody for watching. Really pleasure. We'll be back. Well, there'll be more shows and everything like that. If you want to know the calendar, go to be social tv.com and look for the calendar button and you can see everything that's going on. And some big things happen and start Monday. So check it all out. Right, right, right. Unknown Speaker 24:14 Yep. Have a great weekend. Tim appreciate you man. Unknown Speaker 24:24 You have been listening to social bees radio. When we put the honey in the honey pots. Make sure to check out our next episode of social BS radio. Till then signing off.