Killer Whales: Markets - Episode 17 - Powered by $HELLO
The Spaces centered around discussions of market trends, NFT events, meme coins, and crypto investments. Participants shared experiences with various events, such as NFT.NYC and NFT Lisbon, highlighting business opportunities and challenges. They discussed the unpredictability of meme coin markets, focusing on Gorbacana and Pudgy Penguins. The dialogue also covered recent major shifts in the crypto industry, including an end to the Ape Coin DAO, restructuring plans, and updates on Hello Club's collaborations and partnerships. Participants expressed optimism for short-term market movements while sharing past investment mishaps.
Summary of Twitter Space Discussion
Opening Remarks
The Twitter space begins with speaker invitations and informal conversations about weather conditions in different locations, such as New Jersey and Alberta, Canada. Participants express surprise at the unusual temperatures and weather patterns.
Discussion on NFT Events
The conversation shifts to discussing various NFT and crypto events. Maurice shares his perspective on the importance and business outcomes of attending such events, mentioning his experience at NFT Lisbon which was more productive than expected due to fewer market participants because of challenging market conditions. Several speakers express skepticism about the value of NFT NYC, suggesting more business-oriented individuals avoid it.
Market Insights and Predictions
The discussion naturally transitions into the current state of the market, touching upon various cryptocurrencies and coins. Maurice speaks about different meme coins, while Bunny discusses a meme coin, Gorbacana, noting its potential for growth post-market fluctuations due to geopolitical tensions.
Fumbles and Missed Opportunities
Several speakers share personal anecdotes regarding missed investment opportunities in cryptocurrencies, referencing significant potential gains lost due to various reasons such as hacking incidents or exchanges shutting down.
Brand Discussions - Pudgy Penguins vs. Bored Apes
A segment of the conversation is devoted to comparing the cultural impact of different NFT projects. Pudgy Penguins are noted for their innovative and widespread presence across social media platforms, which might be overshadowing Bored Apes. Participants speculate on the future brand presence and possible mainstream popularity of Pudgy Penguins.
Discussion on Corporate Strategy – ApeCoin DAO
Later, there is an insightful discussion on ApeCoin DAO's restructuring into ApeCo, aimed at supporting builders and enhancing product development cycles. This restructuring is viewed positively, as the DAO has been described as inefficient in past participatory processes.
Updates and Announcements from Hello Club
Presenters share updates from Hello Club, highlighting collaborations with ICP through upcoming hackathons and partnerships. The club's tier system is detailed, with an announcement expected on the specifics of the membership tier benefits.
Predictions Concerning Gorbacana and Bitcoin
Towards the end, participants offer their market predictions for Gorbacana and Bitcoin, with optimistic expectations given the current geopolitical climate suggesting a momentary ceasefire.
Closing Remarks
The session concludes with an invitation to join future discussions and a reminder about the upcoming Killer Whales Academy stream hosted by Maurice.
This summary captures the essence of the discussions, focusing on the varied perspectives shared throughout the session while displaying the interconnected nature of NFT trends, crypto investment insights, and community engagement strategies.