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December 9, 2024 13 mins
This surge in ETH's value is also driving interest in related assets. Notably, the value of 'Penguins' NFTs has risen to 18.45 ETH, with their all-time high now at around $75,000. Pudgy is also set to launch it's token $PENGU on Solana, potentially sparking an NFT bull-run. Flow has been the go-to chain for NFT's and is currently signaling a mega-rally.

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00:00 intro
00:13 Sponsor: iTrust Capital
00:55 $PENGU Coin Coming To Solana
01:36 Token Airdrop To NFT Holders
01:56 Yat Siu Nailed It Again
02:15 Pudgy NFTs vs Ethereum
02:35 Flow NFTs Exploding
03:12 Vitalik on Flow Importance
04:31 Flow Will Boost Adoption
05:01 Flow EVM Growth
05:34 Flow EVM Fixes Ethereum
06:20 Disney Marketplace Launching
06:55 User Rewards 
07:44 Bob Iger: Why Disney Needs FLOW
09:38 Disney Execs Move To Claynosaurz
10:26 Claynosaurz Staking Revealed
11:15 $PENGU Airdrop For Claynosaurz
11:32 Chipotle on Flow Prediction
12:04 Staked $FLOW is Exploding
12:27 Flow DEX Will Skyrocket
13:13 outro

#Crypto #NFT #Solana
~$FLOW & Solana Set To Explode NFTs🚀BUY NOW?️‍🔥~
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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:05):
The bull run for NFTs may be starting today. We'll
be breaking down what could be the catalyst, So stay
tuned right here. My name is Paul Barre. Welcome back
in the tech path. Let's get into it today. I
do want to thank our sponsor, I Trust Capital. If
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I want to start with a clip real quick, and

(00:47):
this one is the pengu teaser video. And this is
a breakdown because it has a lot to do with
pudge penguins and why that may be a catalyst for NFTs.
Take a look.

Speaker 2 (00:57):
It began with the rise. It's a liquidity extracts countless projects, emerged,
yet most succumbed to greed and folly. Using their unbreakable bond,
the pudgy penguins forged a warm light in the cold,
endless darkness, and so they nurtured this egg with their unity,
their strength, and their will to hatch a master quin

(01:24):
one coin to.

Speaker 3 (01:26):
Rule them all.

Speaker 1 (01:34):
You gotta love NFTs and the dramatization there. Pudgy Penguins
peinga will have a total supply of eighty eight billion,
So it's going to launch on Salona. That's a good one.
And then their tochonomics are kind of interesting because they're
going to roll out on the Salona chain, but they're
also going to distribute across other chains and other NFT projects.
So that's in different way of doing things for sure.

Speaker 2 (01:57):
All right.

Speaker 1 (01:57):
So one of the things this is a tweet we
put out this is yet he was on the show
not too long ago, and one of the things that
was interesting here is his advancement into the pudgy penguin ecosystem.
He bought some little pudgies, so maybe he was in
the position where he said, hey, maybe the market is
getting ready to start moving again, and our NFT is
ready to go. If you look at what's happened at

(02:18):
the market for the Pudgy Penguin itself, which is probably
the number one collection out there right now, a pretty
significant move right here on floor price from about eight
eighth all the way up to where we are trading
right now, which is right about almost three x of
that almost nineteen eighths, So pretty good number, I think
in terms of growth. And if you look at just
the collections themselves, you're going to see what is the

(02:40):
chain that is starting to grow. Well, one of the
big NFT changes is flow and that has been growing
pretty significantly right there at one hundred and fifteen percent,
So I anticipate that could be a good indicator going forward.
When you take a look at the marketplaces over on
flow also this is flowty the NFT marketplace also climbing,
and this is coming just from January of this year.

(03:01):
You can see the expansion of where we are right now,
so floating volume right now on sales six or two
k five point two million. Again, this small market right now,
I anticipate we're going to see some pretty big news,
all right. Furthermore, I want to get into another clip.
This goes a little bit further on how to bring
this mainstream, and this is vitallic and also Dieter who

(03:21):
is with flow that breaks this down. Take a look.

Speaker 4 (03:24):
It sounds silly, but I think, well, I think I
think the point is is that we often aren't silly enough.
Obviously I'm the Crypto Kitty guy, so you could talk
about simplicity. But that's the thing is, I think that
sometimes it is too simple. It's very straightforward and look
like like we're sitting next to a guy who has
cats on his bags. We're all here because of a

(03:44):
guy who likes cats on his bags. So I think
we should we should try and find a lot more
whimsy in what we're.

Speaker 5 (03:49):
Doing, something that appeals to noncrypto users without like sacrificing
the points of being a crypto application.

Speaker 4 (03:55):
Right, the three weeks after Crypto Kitty's launched, were you know,
some of the biggest the largest number of meta mask
installs in its history.

Speaker 5 (04:05):
Yeah, I mean, I think you know fully agree on
all of those things. And then to install the app
you have to already have meta mask, and then like
your conversion goes down by a factor of like five
or you tell me whatever the number is.

Speaker 4 (04:16):
Right T seventeen, it was like one hundred.

Speaker 5 (04:19):
Okay, yeah, I mean this is where like Dan Finnway's
work around, like accounts delegation. I really appreciate it, right
because it feels to me like the ideal approach is
that if you don't already have wallet, the app gives
you a wallet.

Speaker 6 (04:32):
All right.

Speaker 1 (04:32):
So a couple of points there that they were making
is that when you look at Crypto Kitties and just
the you know, the explosion it had and the impact
it had on meta mask, maybe that is what we're
about to see with Flow. Are they in that kind
of position in this cycle, because they're going to have
not only that, but a handful of NFTs out there,

(04:53):
and we'll break these down for you guys. They could
really be impacted here. So remember NFT still could get
a good lift in the market. I don't know if
you guys are going that direction. If you look at transactions,
what you're going to see here is an explosion as
they've migrated to EVM, and that in itself starts to
benefit these change and I think that's what Flow has

(05:13):
been able to do. If you look at this next chart,
you're going to see the EVM and cadence. Look at
the EVM transactions here. The rest of that is cadence,
So all that is flow. So again, transactions over time growing?
Could flow be really on the brink of something big?
I want to go to another clip real quick. This
one is why EVM on flow is the holy grail.

Speaker 6 (05:34):
Take a look.

Speaker 3 (05:35):
The solutions to Ethereum's issues being presented by others in
the industry, in our eyes, fell short of what's needed
for mainstream consumer adoption of Web three like sharding and
layer twos, EVM on flow enables EVM developers to deploy
their existing applications and smart contracts to flow with absolutely
no code changes required, enabling developers on flow to deliver

(06:00):
gas free EVM transaction experiences for their users. Today, Flow
is trusted by the world's best mainstream consumer brands like
the NBA, NFL, Disney, Ticketmaster, and more to deliver Web
three experiences for their consumers. EVM apps on flow can
now scale to billions of users.

Speaker 1 (06:21):
Upside is unlimited, so that that in itself so contract
cadence on EVM deployment over time still climbing this. I
think gorse looks like TVL might be coming for Flow
as a whole. Another thing to look at, and remember pinnacles.
We talked about this one not too long ago, but
this is by Dapper Lab again Flow that they announced

(06:41):
their limited time early access on these pins and this
is part of the Disney strategy. Now, remember Disney's been
trying to put together a strategy for quite some time
around Web three. This might be the one that actually
sets an in stone for over there. One other thing
on Flow is the amount of interaction that they're trying
to generate it. This is just showing some of the
quests that you can go through to earn you know,

(07:03):
different functioning, to swap you know, you can do LP,
you can stake, et cetera. This is kind of the
tool set. You're going to see things in their pinnacle
right there. Increment which is their DeFi, there's NFL all Day,
et cetera. All those and then pumped off Flow and
even Kiddie Punch which is their new ecosystem there. And
what does that mean. Well, when you're getting those rewards now,

(07:23):
it's actually going to real world items. And these are
the kind of things that Flow is rewarding. They're holders
with so pretty big I think for people to really
kind of pay attention here. The other thing that goes
into this is maybe where is the direction heading around
where Web three could adopt and if flow is in
the right place at the right time, could there be
some significant connections here. Here's Bob Eiger and Chris Dixon

(07:48):
take a listen.

Speaker 6 (07:49):
Well, I'm excited about Web three point zero developments. If
you look at Disney in twenty sixteen, the movie theaters
on the customer for all of our movies, but the
tickets were being sold by fandango and movie theaters. We
had no idea who was watching our movies. Then we
put the movies on cable and satellite and Netflix, we'd

(08:09):
know who was watching. In there, We'd sell consumer products,
We'd sell thousands of Spider Man costumes for Halloween. Walmart
and Amazon would know who the customers were. Other than
our theme parks. We had no customer relationships. Star Wars fans.
My goodness, how passionate are they. We had no idea
who they were. So I thought, okay, we're losing. There
is a value proposition there that were not participating. By

(08:32):
the way, that lack of measurement of success also transfers
to the creative community. How does a director know or
team know their movie is successful or not it reverberates
throughout is very very hard. I know that if we
control it, then the customer will be ours and we
can create a deeper, more intimate relationship with them.

Speaker 2 (08:53):
You had this very strong belief that content trump's all
tech everything, the.

Speaker 6 (08:58):
Creative side, the technology side, and says, give me the
tools to do this for my story. And interestingly enough,
Walt Disney proved that in ways that were so obvious
to us.

Speaker 1 (09:10):
So it looks as though Iger is now drinking from
the Web three kool aid because he's understanding this does
really kind of break the mold that has been out
there where a lot of this connectivity to the consumer
has never been capable. Now we know that Web three
is capable of doing that and probably setting these brands
into a whole new era of how they're going to succeed.

(09:32):
So kudos to him for the fact that he understands that.

Speaker 2 (09:35):
Now.

Speaker 1 (09:36):
I wish more would kind of see where the writing
is on the wall. Of course, if you look at
some of these, this is a Disney and a Hasbro
exec Jim Simon Waters he's joined the Clanosaur's team, And
of course that I think is interesting because if you
think about what Iiger just said, the content is king,
and maybe the content is king on things like clanosaurs

(09:57):
and some of these other NFT collections if they're starting
to migrate to these so pretty big moves out there
right now in the market. Planet Source continues with their strategy,
which is they just unveiled Staking. A lot of different
content here, includes the episodic content, we've got gaming coming
up next year, the apparel e merch So this is
another one of those collections that I think is bridging

(10:19):
in the gap in terms of IP which is digital
to physical, so big deal because Pudgie Penguins has been
able to do that as well. I'm going to go
to this next clip, which we'll get into the fact
that Staking has been revealed.

Speaker 6 (10:32):
Take a look.

Speaker 1 (11:13):
One thing that is going to happen, I think is
the fact that their most likely clanosaurs are most likely
going to get the air drop of pengu So that's
one of the things. What you're seeing on screen here
is just one of the mobile device games, So again
going to be an opportunity here. I think of a
lot new a lot of new opportunities within the clanosaur's ecosystem.
So check that one out for sure. Going back to

(11:34):
flow real quick, this is the scriptable interactions without smart contracts.
This is one of the uniquenesses of flow. And we've
made a prediction quite a while ago that this would
most likely hit the restaurant industry. This is an example
of chips and salsa with Chipotle that potentially could go
in and say, well, these are the conditions that have
to be in place for this transaction to go through.

(11:54):
Imagine that in all sorts of different areas, maybe even
AI agents, et cetera that could play in to this.
That's where the power of flow really comes in. And
I think a lot of people are starting to understand that.
You look at increment, this is of course staking. And
you look at the scenario that's happening on staked flow
right now, this is liquid staking right around twelve million.

(12:15):
And then of course if you look at the growth
of where it has come from, what was that five
percent and then moving up to where it's almost ten
percent now so nine point eight nine, again very positive move.
You can see the chart here. All of this very
good and bullish for flow as a whole. Last up
here is what's happening in the new decks, and that
is Kitty punch. This is the Flow decks. You can
kind of see it's brand new, So volumes are low

(12:36):
right now, but I think we're going to see some
explosion here around meme tokens and you can kind of
see some of the availabilities. Another thing here on this
last tweet right here, no gas fees, no MeV attacks.
Of course, when you're doing this now, this changes kind
of the architecture. What it does mean is that you're
going to see a lot of memes that are going
to start to really start to percolate on Flow and
without the risk that you typically see on some other chains.

(12:58):
So that's another reason to kind of take a look
at we're flow, and it might be the reason why
we've seen such a move on flow, which is up
like forty percent over the last few days. So pretty
good movement out there.

Speaker 6 (13:08):
Isn't the end.

Speaker 1 (13:09):
I think this is just the beginning of both NFTs.
We'll see where flow goes from here. Make sure and
dive into the diamond circle. It's a great place to
get additional content and also If you're not subscribed to
the show, do it right now. Just click that little
subscribe button, hit the notification bell that's going to give
you notifications when we go live. Follow me out there
on x at Paul Baron. We'll catch you next time

(13:30):
right here on Techpath
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