Reality Check: The CardWall / GVC x Stonkbrokers / Market News

Ditten, I'm trying to find it through my, because I normally, it shows them live. I'm live on abstract live on YouTube, live on kick live on X live, every fucking where we are going to be doing some card wall giveaway. So make sure you are in one of the chats. Uh, you definitely need to be there to win. As of right now, the only place you cannot win or participate is in the X live stream. But if you are in this space, if you are on YouTube, if you're on kick, um, then you can have a chance to win some card wall pulls that we're going to be doing here periodically throughout the space. So your, so your picker can see the comments on the space, but it can't, it can't read the chat for the X. Exactly. Yeah. Okay. Next is not opened up the API for the haven't opened up API for, um, for live streams yet. So like it's not general usage. You know what I mean? So, uh, which sucks, but it, yeah, it puts us in the situation where anybody that is watching there has to go watch on YouTube has to go watch somewhere. Bro, like, yeah, on my one tab, I'm seeing the X live stream. Uh, I mean on abstract, I'm looking through Microsoft, I'm looking through Explorer in the stream tab is gone. So I don't know if they completely removed the streaming from abstract. I'm not sure. I haven't done like a hard refresh on my, uh, on my Chrome side. So maybe they, maybe they did. Uh, let me go take a look. See here. I mean, it's like I said on explain. Oh, Lord, it's there. But, yeah, I got a 404 page cannot be found. That's what I got. I got that as well. Yeah, I don't think so. They haven't rugged anything. They haven't read this yet. Yeah, they can only live stream, uh, Pudgy pigments people calling looking at slurs. Uh, yeah, without taking it. Yeah, I've got a 404 error. The whole portal is down for me. Really? Really? Wow. We said, fuck your migration, bitches. Um, that's what's happening. It looks like I'm going to do, uh, yeah, I'm going to do a, I'm going to do a refresh here and I'm going to see if they took, oh, yeah, 404 page. Bro, we're cooked. Uh, abstract is cooked. Uh, I'm getting that on the, on the, wow. Uh, pretty crazy. If anybody else is getting anything different, then 404 page not found, uh, please let us know. Like I just had tabs up from, you know, from earlier on and, uh, did they rug us? Did they rug us? But yeah, drop it in the comments. They just, yeah, I know. I know. I know. I was supposed to go until the 15th of December, we're officially double rug. Yeah. Um, I want to share this. Uh, let me go to this here. Uh, B epic shout out B epic, new P F P, where all my bears family at if you were participating on abstract chain, one of the most vibrant communities on the entirety of the Ethereum is a bearish. If you haven't bridged over, consider joining the din, big things are coming out of the move and we are just getting started. Like in, uh, the, uh, announcements in the bearish discord. Well before we knew abstract was going to shut the lights off. I mean, they've got, Scottie's been building a lot of really cool shit. And, uh, to be honest, I think, hey, man, I would have advised, I know you and I disagreed about this at nausea. I always have said, you know, the bulk of the liquidity for collectors is indeed on Ethereum mainnet. And, uh, I think if he can get all these products, he's been cooking up, uh, sent in delivered. I think bearish is going to be just five. Yeah. Yeah. I, I, I agree. I do agree. Um, I'm going to comment this, um, is, uh, yeah, uh, Kenny powers GM broke. Yo, what up boys? Good morning. Sorry. All right. Good morning. Did a little piece of your day today? Now that abstract streaming is gone. Is the question. Uh, yeah, I don't know. I don't know. Um, the fucking, I can't believe we're getting 404 there. I think that's just the stream side. I think they took away. So, cause I'm going back to portal. It's having me log back in. But I think I'm pretty sure this is just for the stream side of things. Um, yep. Yeah. Yeah. Streaming is completely gone. I just logged back in. We're cooked. Streaming is done. Um, yeah. That's it. That's it. Streaming is no more on fucking abstract. Now all you can do is migrate. And why don't you even cost them anything? Fucking. You know, you were just on that we normally played with my boo. You know what I'm talking about. Yeah. I don't, I don't have it. Fucking pulled up. I don't have it. Anyway. Oh my god. All right. Well, I did put a post out this morning wondering what would happen to the fees? Uh, something I haven't discussed with abstract change. But in now millions of wallets and thousands of holders now have to migrate their assets off abstract before December 15th, but what happens to all the fees generated during the migration? No, that happens to all the fees generated. They go to a proper up. You got to make it in FDs anyway. Sorry. Go ahead. Maybe abstract generated roughly $6,130 in network fees on October 7th compared to a 90 day daily average of around $3,650. That's roughly a 68% increase. So here's my question. How much will, how much revenue abstract generate from everyone being forced to migrate? And more importantly, how much of those fees actually become revenue for the team after settlement network cost, not suggesting anything shady is happening and network fees, uh, equals team profit, but with holders already taken losses and an entire ecosystem being forced on one, I think it's a fair question to ask, where do the fees from the abstract shut down ultimately go? Transparency matters, especially on the way out. So, um, yeah, I don't know. I don't know how much it costs to run a fucking chain. I don't know how much the fees they're going to end up making. I've seen people tweet that they made six million plus in fees. I think it costs way more than that to run a fucking chain. Um, so yeah, um, what do they do? I have the slightest fucking clue. Um, so we're going to find out, um, you know, I have a, it's tracking for me what the fees are going to be. I mean, anybody can essentially do that. Um, and, uh, yeah, we'll see what, we'll see what goes on. But, um, but yeah, uh, that was one thing. I'm sure a lot of other people will end up looking at it and, uh, and seeing what's going on. But one of the other things and I missed this space yesterday because I was not in the, uh, I was MIA, uh, shortly after our space yesterday was the good vibes, uh, space. I had a few clips set aside with Chris talking, Mason talking about the upcoming activation with stonk brokers. And thankfully, simple farmers here now, uh, maybe he can shed a little bit of light on what is happening. Um, I just haven't had time to go back through and listen to the space. Uh, but I know Ronnie and, and Chris and them are supposed to come on, uh, simple farmer GM. Sorry. How we doing? Hey, GM, uh, yeah, the answer to chain, depending on where your blockchain is, like if it's an arbitrary meld to, it's a little bit cheaper, uh, but other blockchains, looking in the range of, you know, a couple million dollars a year, maybe depending on how much the infert your chain has, right? Cause all the bills add up, like if you have a chain, you have to have support for like fanthap, right? You have to support for, um, you know, things like alchemy, which gets people so devs can ship apps on your chain. So there's a lot of infer costs and then of course, your employees. So a couple million dollars probably a year is what I would guess, abstract cost to run. Yeah. And, and, and I had seen something about it. The biggest problem was that, um, the ZK EVMs, there's like that, I guess is what the apps, the global wallets built on. And they're going to be shutting that down anyways. So like something that wasn't, I guess, really discussed in that space was that abstract was facing some type of a wallet migration anyways, because if the, if the tech was built on top of the, uh, the ZK EVMs, why didn't they go to arbitrum in the first fucking place and just build abstract off of that? You know what I mean? Like definitely, definitely. Yeah, I don't know. Um, I, you know, arbitrum and all these teams like, you know, they want you to build your chain on like base once people to build on top of them. Our one usually seems to be offering people like the best deals and that's and Robin Hood selected arbitral one for a reason, right? So they also have safety features. They can even stop a hack. Like I really think serious thing goes down. Arbitrum security council. I mean, uh, ZK XPT is on that. Yeah, you know, you know, it's, it's like they shut those things on pretty quick. Yeah. And, and like it's part of the reason why you built stonkbroker's ecosystem on arbitrum one because you were there before prior, so you knew the tech and whatever. But like abstract was facing this dilemma. They were going to be facing this problem. And then that was going to cost a millions of dollars to migrate over and then, uh, offset some of those costs to all the teams to migrate as well because everybody would have had to rebuild the racquet. And I guess, uh, coming off of that. Um, so yeah, it's a cluster, fuck. Uh, and I know you were at token 2049. So we didn't even talk about this a lot, uh, through this whole thing. So you were off doing your thing with moonbirds. Um, the, uh, we have the, um, the, the, the sock was it sockbrokers or, uh, it's all kinds of shit happening. Um, that we hadn't even had time to talk about the art looks pretty funny. I like the art, um, on the moonbirds collab. So that's, that's pretty dope. Um, when, when, when, when is that do we have an actual date for that when it's going live with moonbirds? You know, I'm sure the sooner the better for them is what was, was what they prefer. Uh, yeah, I'm going to let them announce that. I haven't, I haven't been given an exact date, but I would assume it's not going to be more than like a month from now. It's not something that's like next year, you know, yeah. Yeah. Um, now with, uh, the GVC thing, I see Mason, he just popped in down there. Um, with GVC, we did get the announcement that there's 3,333, uh, NFTs coming to Robinhood, your main ways into the cloud factory, GVC Holdins, stoke level, which is, uh, I guess they're, their way of rewarding back to their communities, cosmetics, one of ones in stonkbrokers, uh, full access detail soon. Um, for that, I'll get Mason up here. But the clips that I heard Chris, uh, talking about that it's not a burn. It's kind of like a, uh, a redemption, um, and maybe now that Mason's up here, he can kind of speak on that Mason. Why are we burning all the GVC, bro? Um, we're not burning anything. I know. I'm fucking. Can I just say before we start it's so weird having Kyle and Kevin with like no face, like it's weird. Like I like the PFP, but I feel like I'm staring into the abyss of my soul. Fucking Kevin. Yeah, I, I have this is my face now ever since that, right? You like that? You like that Kevin? Kevin powers my face. Oh my God. Uh, that's fucking good. Yeah, I know. Look at these two guys. Anyway, like my face just mirrors my soul now. I was all in this. Yes. He's empty. Adestract really scarred this guy. Um, yeah, he's hurting pretty good. Uh, but yeah, anyways, uh, onto, uh, brighter things, uh, which is the GVC thing. Can you gonna give everybody a quick rundown of what we're going to be seeing from GVC? Because I was checked out after our stream yesterday and I, I totally missed, uh, the good vibe space yesterday. Yeah, no worries. I think, I think one of the ways, like it's, I think it's frustrating for some people because we've been kind of like slow dripping the details and the mechanics of like how this is going to work. And, you know, it is, there are complexities, which is why we decided to kind of like slow drip it and like, you know, after looking at some of the other launches and whatnot and how, you know, like, like, the way it made my shades launch and like him being there for the weekend, I was like, dude, I still don't understand this. You know what I mean? And so it was just like one of those things that we realized that because there's going to be complexities, we wanted to kind of like slowly drip the details. And so, um, just to kind of give you an overview of what has been released so far, yes, the collection size is 3,333 total pieces. Yep. Um, they're currently the main access point will be a trade-in mechanic for, you know, a GVC. There will also be limited access via stoke level, which you just kind of brought up, which is stoke level is kind of our reward system. It's based off of badges and your collector profile. And then obviously holding some of the rare ones. Well, amazing. You have the shittiest service. Yeah, we lost them. I think he's, I think he's hopefully you're still in between the paint. Um, in that, yeah, he's robbed. Simple farmer. Uh, do you want to fill in any of that form? Or do you know, uh, much more than he was about to spit out? I mean, uh, no, I mean, I'll let them lead comms on that. I would say, you know, what's important is just preliminary discussions. I think we can give this away is that, you know, there's a thought and that there's