Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
NorCal Guy (00:00):
Hey Shad, Welcome to
the podcast.
How are you doing today?
Shatt (00:03):
Doing well.
Thanks for having me.
NorCal Guy (00:06):
Dude, I'm glad we
could make this work and get
this going Finally.
I know I talked to you about ita while back and then never got
the collector side going, butnow we're here, it's happening.
Shatt (00:21):
Yeah, it's nice to be on.
It's good to see that you'rebringing on some collectors too
to get a little otherperspective, other than just
your collector's perspectiveright, right for sure.
NorCal Guy (00:34):
Uh, yeah, it's good.
It's good, I love it.
Um, it's.
It's always a good conversationto have as well and to get the
other views for sure.
So what were your firstthoughts when you heard about
NFTs?
Shatt (00:51):
Oh man, I was all in from
the beginning.
As soon as I read onEthereumorg, erc-721 and
ERC-1155 standard, it was aninstant click for me.
I mean, I grew up playing videogames, I'm digitally native and
, uh, you know it's.
I have.
I have a very.
(01:13):
I've played a lot of, a lot ofworld of warcraft and I have a
lot of items in that game thatI've collected that are stuck on
their internal database.
Um, and so having the idea ofbeing able to actually own your
assets and being able to tradeit outside of a closed ecosystem
was just yeah, it was justimmediately got me hooked right
(01:37):
on in.
NorCal Guy (01:39):
No, that's awesome.
That's awesome because it tookme a little while to like, oh
okay, I should do okay, butcongrats on that, it made sense
to you.
You know it's funny.
I grew up kind of playing videogames and I don't know if
you're maybe a couple of yearsyounger than me, but I just like
I couldn't.
Video games never grasped me.
(02:02):
I guess you know it's part ofit was because my parents were
like no, you can't play thatthat much, and like I wasn't
able to have a console until Iwas like junior high, um, so
maybe that's part of it.
Shatt (02:16):
But yeah, yeah, having
your parents tell you not to
play definitely uh pushes a lot,of a lot of kids away.
But uh, yeah, I, I mean like Iwas given like my own PC in my
own bedroom at like 10 years oldor something, and I mean like,
and this is like back in thedays of when Napster was still
legal.
(02:37):
So, yeah, I've been gaming for awhile, you know, so, yeah, it's
nothing new for me.
But I mean mean like, yeah, eveneven like understanding the,
the value prop for nfts, andlike personal ownership, it did
take me a little while to try tofigure out what I should be
buying, and that's kind of likewhy I started like my.
(02:59):
My first nfts were, uh were,sandbox land, since I played a
ton of minecraft and I was justkind of it kind of gave me like
a roblox kind of feel, where youcould monetize building your
own game and then some axes fromactually infinity, because I
wanted to play a game which I'mnot really a fan of, uh, that
(03:21):
that style card based, uh, turnturn based battles, um, but it
was, you know, more, more of anexperiment, um.
And then I think it was, uh,like the, the pranksy nft boxes,
uh, just because I wanted tostart collecting some art and
had absolutely no clue where tostart, and so I figured, well,
(03:41):
at least, at least with thisI'll get a random assortment of
different artists that I'venever heard of before, and then
I can go from there and do someof my own research.
NorCal Guy (03:51):
Right, that's funny.
I also got in on those Pranksyboxes, did it for like the full
year, that first year.
Yeah, good times.
What is the best piece ofadvice you have been given?
Shatt (04:10):
um, I would.
I would probably say it wasn't.
I don't think it was like adirect piece of advice, uh, but
kind of like sprinkled in overtime from my parents and and
that was to follow your passionseven if other people don't give
a shit.
Uh, it was.
(04:32):
Uh, I mean I kind of just likewent my own route as a kid and
you know it wasn't always thepopular things to do and it
wasn't like I was a trendsetteror anything, but it was nice to
have that backing and I canrecognize it, being older now,
how valuable that really was,because a lot of us get caught
(04:52):
in the routine of chasingothers' dreams rather than our
own, and I think that wassomething that was really good
to set me on the right path formyself.
NorCal Guy (05:04):
No, that's solid.
I think that's one of the bestways to especially in this space
, because there's so much likefollowing, chasing what other
people are doing.
It's good to be able to do yourown thing and, you know, get
things at a reasonable priceinstead of buying the tops.
Yeah, if you just listen toyour influencers, you know get
things at a reasonable priceinstead of buying the tops.
Shatt (05:26):
Yeah, if you just listen
to your influencers, you know
you gotta, you gotta look at thestuff that you want.
And I mean like, yeah, you'renot always going to be right in
what you buy into if you'redoing it for investment purposes
, but there's also a bunch ofproducts out there that are more
product based.
Rather than you know, I'mbuying this to flip for
(05:48):
something more.
And you know, sometimes youfind stuff that you wouldn't by
just reading whatever theinfluencers are saying that week
, that month, right right.
NorCal Guy (06:01):
So it sounds kind of
like well, at least on in games
, but did you collect any art orcards, comics, anything before
crypto art, um?
Shatt (06:12):
I mean pokemon cards as a
kid for sure.
Okay, that was not, not as anadult.
I haven't collected pokemoncards.
Um, didn't get back into thatscene when everybody else was
doing it.
It was really just so I couldplay the game and I liked the, I
liked the characters andeverything.
Um, but no, I, I, I didn'tcollect art.
The the only thing recentlyI've I'd collected, prior to
(06:35):
nfts, was like some funko popsof the of the heroes from
overwatch.
Uh, you know, that was that wasjust about it.
But yeah, no, I was never inthe art collecting scene.
I think I got some generic $20print of just some paint strokes
just to put on a wall, but yeah, it was never that interesting
(07:03):
to me and most of thetraditional art stuff it still
doesn't click with me.
But I don't know, there's justso much abstract and even in art
school you get put onto allthese big artists that are, know
their their biggest sales andwhatnot, and I don't know.
(07:28):
I I guess, like when I'm likelooking, you know, to collect
art, it's more of the like.
Does it resonate with me?
Does it, does it make me feelsomething, does it remind me of
something?
And traditional art neverreally has that feel for me,
whereas, like digital art,especially animated digital art
does.
But yeah, now, now my house isabsolutely covered with
(07:57):
physicals of my.
NFTs, which is awesome.
It's awesome.
Yeah, I do like it.
My walls look so much betterwith art on it.
I didn't really notice itbefore, but yeah, it's a it's.
It's a wonderful change.
You know a mix of having thephysicals and then, uh, some
digital frames as well.
NorCal Guy (08:12):
Yeah, oh nice.
What are the best things aboutweb three today?
Shatt (08:20):
Oh, oh God, Uh, uh, oh,
oh God.
I'm like in a constant state oflooking into the future when it
comes to Web3, because this islike I mean this is the exciting
time where, you know,specifically during the bear,
(08:42):
where people just get to buildand like it's kind of calm and
it's not crazy, you don't feellike you have to be checking the
charts every 10 minutes.
You know it's uh, so like,right now it's the the best
thing is is the community that'sactually here to build and here
for the technology.
Um, I mean that that's that'spart of what I'm here for, not
(09:03):
the building part, but for the,for the tech and the innovation
that comes with it.
Um, I mean like, don't get mewrong, I like making money off
of this stuff.
That's that's always nice, butit doesn't normally work out
that way.
But, uh, I mean, most of thisspace right now is just kind of,
uh, not user friendly.
(09:25):
Um, it's, it's in the it's inthe rough.
You know it's.
We're still under construction.
We're trying to figure it out.
You know it's like we, we tryout all these alt coins, all
these shit coins.
We try out other l1s, you knowwe, we try out daos and we're,
we're like, I mean we're anybodyin the space right now is a
guinea pig, and if you don'tunderstand that you should
(09:48):
probably reassess why you'rehere.
Um, but you know that's.
You know there's always ahigher upside when, when it's
much more difficult formainstream or you know the
layman to to use the product.
But, uh, I mean, I do see somuch potential in this.
This definitely isn't a buy abunch of JPEGs, shill it to a
(10:13):
bunch of normies I don't knowwhat the best term to say
Non-web three people to get themto come in and then buy my bags
and then for me to exitcompletely like that is a
hundred percent not what I'mlooking to do.
Like I I do see like digitalownership as as the future and
(10:34):
not like, oh yeah, in the likein the next 10 years, then it'll
just be like the next phase andthen we'll move on to the next
cool thing Like this.
This.
None of this feels like a fadto me, I mean, except for some
of the cycles and the waves andwhat comes with it.
But like the, the underlyingtechnology is is something that
(10:54):
I think like becomes theunderlying tech of the world, to
the point where we don't evenrecognize we're using blockchain
anymore.
So that that's kind of what I'mexcited for with it.
NorCal Guy (11:03):
Great, I like that.
So, looking forward, where doyou see digital art in five
years and do you have anyconcerns as well?
Shatt (11:16):
I mean it's not going
anywhere, it's just going to get
more prominent.
I think entices artists outsidethe space, or even people in
the space that weren't artistsbefore, to start making cheap,
(11:40):
uh cheap art so they can flip itand get on the train.
Um, but like overall for I I do, I do think, um, digital art,
and hopefully we stay away fromwalled gardens, but you know, in
comparison to the traditionalart world, uh, I think it could
be absolutely massive.
(12:01):
I mean, with the traditionalart world like it's they go with
, like the, I think it's likethe Ferrari model, where your
status has to be high enough toeven be considered to be allowed
to spend money on their art,which is absolutely ridiculous
to me.
And you know it's only digitalart just seems to make so much
(12:27):
more sense, especially with,like a lot of physicals.
You buy it and then you put itin like a storage closet or a
facility and like that's it, andit's sort of a store of value.
Most of it goes down, some ofit goes up, but, like with
digital art, it's everywhere,for anybody, by anybody, and and
(12:47):
I really like that, that ideaof it, and I do think most of
you know most of digital art ifit's sold as an nft or hopefully
we start calling them digitalassets.
In that case, most of them willbe much cheaper, more
print-priced.
Oh right, right, right, yeah, Imean, I don't expect thousands
(13:12):
of X-copy level of prices fromartists out there, but yeah, I
do see that being a massive part.
And and the other part of thatquestion was was what any?
NorCal Guy (13:26):
concerns about the
space as it expands um, uh, not
not too much.
Shatt (13:35):
Um, I, I know other
people's concerns will pretty
much come down to AI art andthat whole copyright
infringement of it, but I dothink that all art that gets put
online should be mintedsomewhere Not necessarily on ETH
, because that costs a lot ofmoney and if you're just like
(13:57):
putting something to post onTwitter, you know, like
something like that, you knowit's like I feel like that
provenance, that proof of you'rethe artist, is important and
valuable for the future,especially as we go more global
with everything.
But, yeah, not too many bigconcerns, not really for my bags
(14:20):
at least.
NorCal Guy (14:22):
Yeah, so what makes
you decide to buy a piece?
Do you watch an artist, Do youget to know them?
Or sometimes it's like hey, Ineed that right now.
Shatt (14:36):
Yeah, I do that, I need
that right now.
Occasionally, I, I do that, Ineed that right now occasionally
.
Uh, hopefully it's with cheaperpieces.
Uh, tezos is really good forthat.
And I do find myself when I'mokay, yeah, when I'm scrolling
on tezos and a piece is likefive dollars and it's like an,
it's like it's either like a oneof one or like an addition of
10 or 20.
And I'm like, oh, that piecelooks so cool and then I just
(14:58):
buy it, like that's it.
It's really like right clickand saving for me, as I did as a
kid for art, but I guess moreso like on ETH, more expensive
art.
I'm a big fan of the curated art, drop, nfts, uh, so projects
(15:21):
like yours with uh click create,um, those are, those are my, my
favorite cause.
It's least effort on my end.
You know, all I have to do isvet the people that are, vetting
the curators and, uh, you knowit's kind of a form of
delegation for me, but it getsme in and it gets me to discover
(15:43):
new artists and you know,that's kind of like the general
path to get more exposure and todiscover stuff, because it is
really hard to discover in thisspace.
And I mean, like this space isreally tiny right now and it's
difficult, and so, like thiscuration is super useful, um,
(16:05):
but yeah, I have a handful ofthe other projects that do
curated drops, um, but when itcame like prior to those, for me
, like deciding what art to buywas more of kind of talking with
other collectors is the biggestthing Finding out what they
(16:26):
like and why and it's kind ofjust given me a first draft of
looking into them, into theartist, and then it was kind of
just discovery through superrare or foundation.
Uh, initially, um, yeah, Idon't even know what kind of
path I would go on at this point.
Um, because it's I don't know,the space is so choppy right now
(16:49):
and everybody's moved to toshit coins, so it's a that's
that's all.
The timeline is right now.
But, um, yeah, it's a, you knowlike, so if I'm, if I am gonna
get like go out and just likebuy my own art, it's generally
going to be from an artist Ialready own.
Um, and artists that have beenin the space for a while and
(17:09):
have been minting for a while,regardless of sale price, um,
that's like a big factor to me.
Uh, is is the artists that havebeen here, um, have continued
to mint, even if they aren'tselling, and continue to create
art, even in a bear market.
Um, you know it's, it's kind ofalmost like a college degree
(17:33):
where it's proof that you'regonna stick it through, and
that's kind of like how I feelwith the, you know, with anybody
who sticks around in this spaceduring the bear, are the people
that I pay attention to,because the ones that show up
only you know when when chartsare up, only when price is up
only you know they're they.
They might have differentincentives, they might stick
(17:54):
around till the next bear, butyou know I'll wait until the
next bear.
Um, but, uh, yeah, it's just,it's just finding some artists
that you know their style reallyresonates, it tells a story
that I'm part of.
Uh, that that's generally myfavorite.
My favorite works is the, thepieces that are, um, that's art
(18:16):
of the culture, of what iscurrently happening in this
space, this Renaissance 2.0 thatwe're having, and any artist
who does that, just a shout outto like King Xerox is all of his
pieces.
It feels like he just liketakes the entire Twitter
timeline and makes a piece aboutwhatever's going on that week
or month and it just likeresonates and it's, I mean, like
(18:39):
I'm a sentimental guy.
I like to hold things that youknow bring back memories and you
know works like his definitelydo that where you look at it and
you're just like, oh yep, Iremember that, like his open
edition one where it was just amonkey spitting out a shitload
of open edition prints.
you know that was that wasduring like oe season, like
(19:02):
that's just like stuff like that, and like holding that art,
even though, like I'm notholding that to flip it to make
money like I'm holding itbecause I love that piece and it
tells a part of the story thatyou know I was, I was part of
for sure, for sure.
NorCal Guy (19:16):
Oh yeah, I like what
you had to say about you know
the artist pushing through,working through this.
Um, I mean it's good to seethem still here and they're
committed.
I mean that's like one of mybiggest things is like you may
not be big now, but if you areworking hard and pushing is is
(19:39):
one reason for me to to go withyou, because I know you're
willing to put in the work, theeffort yeah, for for sure, it's.
Shatt (19:49):
Uh, how do you go about
finding your artists and your
pieces that you collect?
NorCal Guy (19:56):
oh man, it's.
You know, um, I so I don'tscroll twitter at at all, so I
go off notifications.
That's healthy.
So I mean I miss a bunch ofstuff.
But I I you know havenotifications turned on for a
variety of people and if Ihappen to see a retweet or if
(20:16):
someone DMs me like, hey, youshould check this out, that's
usually where it starts.
But now, you know, with thispodcast, the Collector's Vault,
I'm also scrolling and checkingout everyone's collections so I
(20:37):
get to see, you know, what dothey have?
Shatt (20:40):
that I haven't seen
before, and so that's been fun
yeah, I do think, uh, scrollingthrough collectors galleries,
especially the collectors thatare not really looking to flip
but just looking to buy becausethey like art, um, you know
right, it's, it's so cool todiscover stuff.
I mean, like, I think a lot ofmy initial, more abstract or
(21:01):
generative art stuff came fromscrolling through kevin rose's
and dc investors galleries when,yeah, when he was still doing.
Uh, I think it was the modernfinance podcast and I was like I
was like, how do I find art?
I'm like, oh, let me justscroll through his gallery, see
what's in there.
I was like, oh, I like this,you know, I'm like, oh, let me
just scroll through his galleryand see what's in there.
I was like, ooh, I like thisone out of 50 pieces, so let me
(21:22):
go look through that artist.
And I was like this wholeprocess.
It was cool and exploratory, butI feel like it needs to be a
little more mainstream, in asense Like, yeah, still have the
to have like fully organicartist discovery, but also, you
know, for for new entrants intothe space that want to collect
(21:44):
art.
You know it's you're not alwaysgoing to be able to just like
reach out to somebody and belike, hey, be my mentor, guide
me to find where the best art is, and more of like discovery
platforms.
But I don't know, maybe thatgoes back into the walled garden
side of things and so I don'treally have like an answer of
how to how to get through andget that done well or properly.
(22:08):
But hopefully there's a lot ofoptions out there, right, right
do you have a favorite moviequote?
I do not.
I can't even remember thelyrics of a song I've heard a
thousand times, and I watchmovies once.
So nothing really sticks Allright.
NorCal Guy (22:31):
No, that's cool.
That's cool, all right.
Do you have like a?
I know I asked you what yourbest piece of advice is.
Do you have like a phrase thatsticks in your head from
anywhere?
Shatt (22:45):
On the spot no.
NorCal Guy (22:47):
That's fair.
Shatt (22:48):
I can probably look some
stuff up, but yeah, I don't
think I'll have it ready forthis.
NorCal Guy (22:53):
That's all right,
we'll move.
It's all right, we'll move.
What would you like to see moreof in the nft or the crypto art
space?
Shatt (23:04):
for the art side of
things.
NorCal Guy (23:07):
Yeah, I mean like,
like.
For me I wish there was moreexperimentation, but or anything
along those lines.
I mean any thoughts.
Shatt (23:23):
I would.
I would like to see lesscoattailing.
I feel like there's like like afew artists will pop out and
just have like an incrediblestyle and as soon as they have
like a sale over 10 ETH, you'llsee your timeline just turns
into like 50 other pop-upartists that haven't done any
(23:43):
work before, at least have noproof of it anywhere, and all
their work looks the same asthat new artist.
Um, right, um.
But I, I would like to see alot, of, a lot more animated art
and and not just like not notlike glitch art, but like, uh,
(24:07):
gif art, either short loops ofyour own personal style,
whatever you've converted otherstyles into over time, into your
own um, or more stuff that isalmost kind of like pixar style
or like short film, almost veryshort film film.
(24:27):
Um, there's a, there's a coupleout there, you know, uh, ryan,
ryan Talbot, uh, and like, uh,raphael I'm blanking on his um,
yeah, raphael, urba or Pippo's,I guess is is a handle.
I mean, I just absolutely lovetheir stuff.
Um, like, even like xulo, likethere's, there's such incredible
(24:54):
quality like 3d rendered short.
You know 5 to 15 second piecesthat are out there and it's
those artists seem to be I don'twant to say undervalued though
I do kind of believe that butmore like underexposed to the
(25:15):
space, because I feel like a lotof the collectors now kind of
just like piggyback on some ofthe big collectors which, like I
said a minute ago, like that'skind of what I did to start, go
like that's kind of what I didto start, um, but it's like the
everything is so focused on likegenerative and ai art right now
(25:35):
, and I and I get it because wefinally have a medium to be able
to promote it and actually sellit and share it um, but then
again it's like you knowsomebody who spends like days
and days in blender and sets uplike a scene where you could
actually imagine it being likean entire short film or an
(25:55):
entire movie, and those artistsjust like don't get noticed.
And I mean like one of theright one of those artists that
I discovered recently thanks toClick Create was Offshoot.
Oh yeah, yeah, and that work isabsolutely incredible.
Like I went through the rest oftheir work, I was like, holy
(26:16):
shit, how have I not seen thisbefore?
I am taken back by it and the,the sales on it just like aren't
really there and I don't knowif that's more of the artists
not going ham on marketing andnot paying people to show for
them and not being in people'sDMS asking to hey retweet this,
(26:37):
it would mean a lot.
I mean like, yeah, you know, domarketing, how you're going to
do it, you know whatever, butyeah, I don't know.
I mean, like, in those are theartists like I really want to
collect, the ones that, likewhen I watch it, like I go
through an actual range ofemotions, like I'm watching a
Pixar film where you're justwatching something by yourself
(27:00):
and like you just feel so muchfrom it.
That's the impact that I reallylove to get from the art,
especially if it's something Ican put on like my token frame
and have it playing in the houseas I walk by and just like a
little glimpse of a feeling tojust, like you know, throw
something into the mix.
NorCal Guy (27:18):
But yeah, no, he's
solid like.
I remember he was one of theearlier pieces I ever bought on
Maker's Place, way back inFebruary.
Oh gosh, does that site stillexist?
It does, it does.
Shatt (27:36):
Them and Rarible.
NorCal Guy (27:41):
But yeah, he's solid
, he really loves what he does,
and you can tell.
Shatt (27:46):
Yeah, there's more
passion put into it than the
monetary return, for for sure.
But it's right.
That's like that's one of thoseartists where you know, if
you're looking for a return orstore value, like those are the
artists that you, you, you wouldbet on.
I'm not and this isn't a showto say, go buy these artists
work to make money, but you know, if you're going to collect art
(28:09):
and it resonates with you, likethat's the type of person,
that's the type of artist thatthat I, I would look for right I
agree.
NorCal Guy (28:20):
What is the best and
the silliest thing you've ever
spent money on?
Shatt (28:25):
jpegs on JPEGs.
I think that covers that.
Yeah, well, I mean, like Ithought it was just, I guess, to
tell the story of buying myfirst Bored Ape.
I mean, you know, that was theearly days where I was listening
(28:46):
to Bankless and they didn't sayanything about NFTs.
Really, they're allDeFi-focused.
But that was the only podcast Icould find.
They kept on talking aboutcrypto Twitter.
This crypto Twitter that I'mlike is this a different website
?
Where is crypto Twitter?
I need some instructions,because I was the first of my
(29:11):
friend group to be into cryptoand so I was like I guess I have
to figure this out myself.
And once I finally started likegetting into, like starting like
the beginning of collecting outof teas for me, which was like
march of 2021, um, I kept onseeing these Twitter profile
(29:32):
pictures of these cartoon apesand I didn't mint.
I saw them around a bunch.
I looked at the floor.
I was like I don't really likethe art, the floor.
(29:53):
I was like I don't really likethe art, um, but I was like
these are selling for likealmost an eath.
I was like, okay, so if youhold one of these, you get
access to a discord, to privatechannels.
I was like, well, maybe theseguys are serious about nfts if
they're paying like three tofour grand to buy this picture
so they can get into a privatediscord to talk more about what
(30:14):
other jpegs to buy.
And I was like, all right,screw it, I guess I'll buy this
robot ape for 1.4 eath.
I was like four grand for afreaking monkey picture and it's
like, as soon as I clickconfirm, I saw it in my wallet.
I shut down my computer, Icracked a beer and sat on my
front lawn and I was like Idon't know what I just did.
It's either really stupid orreally smart.
(30:36):
But yeah, and then it took liketwo more days and then I bought
another one, uh, just to flipfor a punk, which never happened
.
But yes, yeah, I still have it.
NorCal Guy (30:53):
Yeah, it was a
diamond tooth I bought off
pranksy actually so if you couldcommission a piece and have two
artists collab on it, which twoartists would it be?
Ah, oh man.
A piece and have two artistscollab on it, which two artists
would it be?
Ah, oh man.
Shatt (31:12):
Hmm, I mean, ah, there's
so many Cause it's like there's
so many artists that absolutelylove their style, but, like that
, the challenge of being able toblend two styles together to
make it actually better ratherthan worse, oh gosh.
To blend two styles together tomake it actually better rather
than worse, oh gosh.
(31:37):
I'm going to have to think onthat one.
I'm going to have to scrollthrough my gallery just a little
bit, because I would actually Iwould probably say Lacone, mr
Lacone, and oh my gosh, whatwould his style work well with
(31:58):
though?
Yeah, no, we'll have to comeback to that.
NorCal Guy (32:02):
Alright, alright,
that's fair.
What is an interesting factabout you that people might not
be aware of?
Hmm?
Shatt (32:18):
Oh gosh, that I no.
No, you guys all know aboutthat in this space.
You're facial.
I got to figure I'm running twolives here, you know know, one
with my pseudo and one with mymeat suit.
So all right, all right, we'llmove on, we'll move on.
NorCal Guy (32:38):
Okay.
What is your favorite way toconnect with people in this
space?
Shatt (32:43):
uh, voice chats, uh,
discord voice chats feel the
best and I don't know what it is, but so many people are against
it.
Maybe it's cause they're atwork while they're scrolling on
Twitter and responding and theycan't chat.
Um, I have a lot of people thatare like, yeah, I can hop in
and listen, but I can't talk.
But, um, yeah, I woulddefinitely.
(33:07):
It's like, uh, but yeah, Iwould definitely.
It's like finding the discordsthat aren't pump and dump
communities, that aren't just init to make money but are also
people that want to learn andgetting into those calls and
just hopping in an open chat andall you need is like one or two
(33:28):
people, up to like maybe 10,and then just kind of like free
reign that chat and, uh, I meanit's.
You learn so much about peopleand and you realize that just
because somebody else isinterested in this space doesn't
mean that they do the same shityou do in meat space.
(33:50):
I mean I've, I've met so manyinteresting people in this space
, you know from from you knowthe serial entrepreneurs to high
schoolers, to yacht designers.
I mean like it's, it's such awide range and I and I think
it's so crazy too to be able tolike you buy this maybe somewhat
(34:13):
cheap asset or you get into aDiscord and you know like,
especially from like a kid'smindset, like you could be on a
call with a multimillionaire orbigger, you know, in a few
minutes and just have like afree chat with them and like
this was never a thing before.
That's really true and it's andit's absolutely wild.
And I mean like some people aredefinitely utilizing it because
(34:35):
they're coming in and they'rethey're getting like a post-grad
course on on how to do business, on how to invest, on technical
analysis, on trading and onpsychology and like on art and
all of this stuff.
And all you have to do is justlike hop in a chat or just hop
on and start a conversation.
And and I mean like a lot ofpeople try to go through twitter
(34:57):
, dms and they go straight forthe person that they think that
can give them the most value.
But like that's not generallythe easiest way.
Cold dms don't don't tend towork out.
Um, yeah, but I mean like, yeah, that's true.
Yeah, it's definitelydefinitely kind of like a shill
of get in the right community,like figure out what community
(35:18):
is the type of people like.
I mean you.
You see it now with with alllike the pfps in this space,
like each community has like adifferent vibe and you just kind
of got to feel that out ontwitter, find out which
community is the right one foryou and then work your way up
into there and you know, if it'snot the right people, then then
(35:38):
step on out.
But right, yeah, yeah,definitely.
Discord voice chats cool.
NorCal Guy (35:46):
Well, is there any
projects that you're working on,
like talk about?
Shatt (35:53):
um, I am not currently
working on any projects, um, but
I I don't know if I'm allowedto announce it.
Um, okay but, but I mean likeI'm yeah, I'm like I kind of
like being behind the scenesadvisor for people in the space
(36:14):
who I think are doing cool shit,just to get fresh eyes on stuff
.
But I guess one of the biggerthings and this is, I guess,
somewhat a shill, because, youknow, I have hardware invested
and money invested but lookinginto this other chain called
Chia, it's a green L1 chainthat's based on proof of space
(36:40):
and time and it's kind of goingthe route of, instead of an ICO,
they're going with an IPO andgoing through regulators and
trying to build this chain forinstitutional use, basically
primarily for institutional use,and so that's kind of like one
(37:01):
of my side bets.
But instead of like farmingwith an ASIC or GPU mining, it's
storage-based, so I have apetabyte worth of hard drives in
my basement yeah, farming, away to secure the network.
(37:22):
So it's just one of those.
It gave me an opportunity tomess with hardware without
having to go the whole ASICscene, because I really hate
reselling physical stuff, whichis why I didn't want to get a
bunch of GPUs, use a ton ofenergy, have to sell the coin
right away to make sure I coverenergy costs and all that.
It's more of a.
(37:42):
You pay the upfront costs ofthe hard drives, you get a JBOD
and shove them all in there andthen just let it run.
That's something that I've beentinkering with.
You know it's I'm not bettingthe farm on it, but it's kind of
like a, a side project to beton it, kind of hedge my bets on
crypto a bit here nice, nice,awesome.
NorCal Guy (38:03):
Um just following
back, did you think of any
collaborations?
Shatt (38:08):
Yeah, actually Lip
Camarella.
I think his work, possiblycombined with Lacone's work,
would be something interestingto see.
I know if I sat on it longer Icould come up with a bunch of
combos that I would love to see,but I think that's just going
(38:31):
to be the choice for now.
NorCal Guy (38:35):
Nice, cool.
Well, shad, thank you so muchfor your time today and for
coming on this podcast.
I really enjoyed it.
I really enjoyed ourconversation.
Shatt (38:44):
I appreciate it.
It's great to be here.
NorCal Guy (38:47):
Cool.
Well, man, you have a great dayand we'll be talking soon.
Shatt (38:52):
Sounds good, cheers.