Tough Childhood, Crypto Market Predictions & Involio I Cy Watson & Ryan Pace DSH #455

It was meant to be a stable coin.

If it went above $1, they would rebase the token holders.

So if it went up to, say, $1.10, it would rebase, I think it was 5%.

It was manipulated and they got up to like $3 something.

And they rebased all the holders?

Yeah, every day.

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Thank you guys for supporting and here's the episode.

Welcome back to the digital social hour.

I'm your host Sean Kelly.

Here are my co-host Wayne Lewis.

What up, what up?

And our crypto experts today, Ryan Pace and Cy Watson.

How's it going?

No complaints.

Thanks for having me.

Thanks for having us on.

Absolutely, man.

I'm excited to talk crypto.

How did you guys get into crypto?

Like what year did you guys?

So I got in late 2015, early 2016, started to take it really serious and kind of just ran with it.

Yeah, kind of.

Bitcoin was really good.

Yeah, it could have been a little, I mean, I was in like 2014, but kind of doing the same thing that I just looked at as a payment sort of thing, as I think most people did.

And then in late 2015, I had a friend, I started a Facebook group when I was really young for reselling Supreme, and one of the more notable guys in there came from a really wealthy family.

He said his father promised him Ethereum would be $1,000 by the end of the year, and funny enough, it had $1,000 the day after New Year's.

So he told me that, and I didn't have many

wealthy friends at that time.

So I just kind of ran with that.

I had five grand saved up and put $500 in.

A couple couple days later Ethereum had almost doubled so I just threw every single dollar I had it that's wild there was this kid in my school how much was it at that time

when I threw everything in I think it was $11 maybe 12 wow Ethereum was 11 yeah Jesus

there was this kid in my high school in 2014 everyone made fun of him this super nerdy kid that's what happens with crypto people but uh He told me to get in like Bitcoin mining.

And everyone made fun of him.

I was the only one who took him serious.

So I like bought some and I wish I still had it.

It It would have been worth a lot now.

I know a guy in college,

teacher, his

accounting teacher had the whole class buy 10 Bitcoin.

I think he said it was only like 10 cents at the time.

What?

And people bought it?

He still had,

I think he spent, I think he has like a thousand.

Holy shit.

Yeah, yeah.

He never sold them.

There's some crazy stories.

People getting it early and blowing it.

I don't know the Bitcoin pizza guy.

Have you heard of that?

Oh, yeah.

That's a classic.

The other guy that I lost his

keywords.

Oh, yeah.

And he hired a whole bulldozing team, though.

And then they found it.

Did you see this?

No.

Oh, they did?

So they found the ledger, but it was Bitcoin Cash, not Bitcoin.

So he lost money.

So he spent a million digging all those holes, found it, and it was Bitcoin Cash.

It's like a Bitcoin.

Whoa.

That's horrible.

Yeah.

Yeah, I've never been.

Intro coin was Bitcoin Cash, for sure.

You guys dabble in altcoins, coins, and stuff, too?

Not so much the Bitcoin wave, but yeah, I've played pretty much only the alternative market.

I was never a Bitcoin Maxi.

I just, for the simple reason, that who the f is Satoshi?

And it just always felt weird to me.

I understand why people are Bitcoin Maxis.

But yeah, I mean, I sold Ethereum early.

I sold Ethereum around like $350 and then down to like $250 when it was crashing amidst that first run.

You made 300x on that?

A little.

But the first big win was Ant Shares, which we branded to Neo.

And that was the first one where I actually held through 100X.

She was super, super happy on that.

100X, bro.

That's life-changing.

If you catch one of those, you're set.

Especially if you catch that bottom floor at floor price.

Well, I completely fumbled in 2018, as I think most people did.

Like when I got in, I got in at kind of that perfect time where it was just this exponential growth immediately.

I didn't really know what I was doing.

I had spent time researching, but didn't understand market cycles by any means.

So I had a huge huge win on answers and a couple other smaller ones i was whatever whatever and held uh up to

uh i got in a dollar ninety six i held for like 220 and then all the way back down to i think like five dollars geez have you ever gotten any that was floor price i mean like literally got it early like super super early yeah

like a fraction of a penny yeah i got into i've had a list of wins like i got solana at 68 cents sold it early i'm king sold early like if i had held my solana to peak it would have been like 90 million but it also crashed so it's all yeah it's subjective it's impossible to time yeah I mean I sold it at like I think 16 to 18 dollars which was pretty fucking great

it went up to 300 right yeah

so I mean it's great it's subjective right wait so so you would have made 90 million had you would have held yeah holy crap yeah at peak yeah and I've had other situations like that too like I was really really early into avalanche sold that pretty early as well

and then my biggest win my biggest win ever was something called ample forth which I guess pretty much was when coin.

I haven't heard of that one.

Yeah, it was meant to be a stable coin.

And essentially, if it went above $1, they would rebase the token holders X amount.

So if it went up to, say, $1.10, it would rebase, I think it was 5%.

And they got it up to, it was manipulated, and they got it up to like $3 something.

Wow.

And they rebased all the holders?

Yeah, every day.

So it was every 24 hours.

If it went under, it would be a negative rebase, i.e.

you would lose money.

But it was such a manipulated token that it stayed above for a little over two months.

And I didn't hold all the way through, but I got a 77X on that and

just under a month, which was absolutely wild.

Numbers are unheard of in any other industry.

Crypto is like the only place you can get.

Yeah, but people still knock it, though.

It's still taboo.

And it's disgusting to me because it's like, I don't know if they're trying to manipulate the people to get to weed people out so that they can take over.

Because the more people that actually sell and they dump their coins, you get JP Morgan and everyone else coming in, secretly buying.

And it's like, you guys, I mean, what's going on here?

It's like they're telling you to leave the party so they can come.

Well, there's the good parts of crypto and the bad parts, obviously.

Like, there's, you know, it's really easy to lose money.

It's easier.

I think most people lose money.

Yeah, for sure.

You know, I have a lot of people who say, like, my bread and butter has always been early stage or like pre-seeds.

I'm just holding until I feel comfortable getting out.

Trading crypto is hard.

Like, I've made systems to either, you know, be advisory systems for me to manually trade or automate it.

But, you know, a lot of people play the cucino, as I like like to call it, with 50x leverage.

Leverage.

And I've seen, I've heard horror story after horror story with that, and then phishing scams and whatever else comes with it.

Rug pools.

Yeah, I mean,

there's definitely a very dark side to this market.

So I understand why people hate it.

I call it a sham market myself.

I think a lot of people try to compare crypto to stocks, in which you kinda can't.

Like you're not betting on a company's revenue.

I think Avalanche is one of the better projects in the entire space.

I think if anyone's gonna kill Ethereum, it'll be them.

No one cares.

People care about the shiny Dogecoin.

It's just all intrinsic value.

And I think if you want to do well in this space,

and it's a corny answer, you have to just be able to spot trends early and understand where people are going to.

Yeah, but that's like the number one,

that's the number one thing everyone says.

You got to understand the trends.

You have to understand dumb money in this space.

I think it's the truth.

I think everyone wants to say, oh, you follow the smart money, which in certain cases, you absolutely do.

But you have to follow smart money because because of smart money.

If you're doing, like, pre-seeds or buying into an ICO or something, like, it has to be smart money, and dumb money isn't really in that space.

But if you're buying something, like, like, one of my friends just, I wouldn't say got rich, but made a pretty obscene amount of money on Pepe.

Oh, yeah.

He just.

Dude, I know a Kobe, what I did.

Yeah.

We know a guy.

Yeah, six figures.

And then it's like the same thing with the shitcoin market.

Like, it's something I've knocked for my almost eight years in this space.

And

I realized recently, like, I'm a little silly because one of my friends got me into a meme coin recently, and it did pretty well.

And it's not like I made millions of dollars on it, but it was a very small amount of money to a pretty large amount of money.

And I was like, oh, okay, maybe I'm.

It'd be like that with those meme coins.

The only thing with coins is that you can get locked in them.

Yeah.

They don't allow you to stay in the middle of the morning.

Well, no, but

that's why I fitted it off.

Like, I think coins are a great way.

Like, if you're coming into the space with, call it $50 to $500, like, you should be doing coins.

Yeah.

You should be doing coins.

Yeah, like you're not going to be worth it.

Get your experience up.

Don't buy Bitcoin.

Yeah, you won't make anything off Bitcoin.

You're going to lose and be really upset after the year you spend in this space.

But once you pass that seven, eight figures mark, like, there's just no point because you're trading a liquid tokens.

And what are you going to do?

You can throw $10,000, but I can make the same returns on a seven-figure trade on something that's liquid.

Absolutely.

For sure.

Now, do you guys see crypto bouncing back into a bull with all these regulations from the SEC going off their Coinbase Binance?

Does that scare you guys at all?

Yeah, absolutely.

I do think the world is a little bit unstable, like outside of crypto as well.

And I'm definitely not betting on any crazy momentum the next six, eight months.

I'm mostly stable right now.

But I do think

in the next two years, we'll have our final run.

I don't think

I'm sure people will hate me for saying that.

But yeah, I don't think we're going to last that much longer.

I don't think the government wants us around.

Like, there's I'm sure you guys have seen the narrative that XRP is going to be the banking coin.

Are you guys familiar with the De Beers family and the Diamond Facade?

No.

So the Diamond Facade is about how the De Beers family hoarded the diamonds in the initial findings of it and essentially hyped the prices and they created a marketing campaign around it that I can't remember.

It was like you have to, a man should save three months' wage to buy his wife a wedding ring or else it's not worth it and you're cheap, whatever, whatever.

And that was entirely a marketing facade to just pump the price of diamonds.

And XRP has no real ties to any form of banking.

And I don't don't think any U.S.

or foreign banks would ever attach a private company, a privately owned pumpable company to the banking system.

I think if anything, they'll just do CBDCs and run it themselves.

And so I think it's a lot of things like that where there's this huge narrative that crypto is going to change the world.

And frankly, I've never really believed that.

I think it's a great way to make money, and it's changed my life.

I grew up really with pretty much rock bottom.

And if I hadn't gotten into this space, I have no idea what I'd be doing today.

So you don't believe that is I don't believe it's I haven't heard change the world but change the banking system.

Yeah I don't really agree.

You don't agree with that?

Why?

Because we're already doing CDBCs and central digital banking currencies and I think if anything like the government don't like it's all privately owned currencies.

Like there's no reason.

I think maybe aspects of blockchain will be brought over.

And I think in that sense, like it absolutely can and probably will.

But that doesn't mean XRP is going to go to $100, whatever people price it at.

It'll be something in-house under each government.

And I think the technology behind crypto will prevail.

I just don't think, I think it'll be an untradeable market.

I think in the next two to three, four years,

the SEC and I think foreign governments as well are just going to make this impossible.

Like at the end of the day, no government wants people to be able to turn $500 into a million.

I think it's just not something they want.

And then then on top of that,

it's kind of free roam.

People can do whatever they want.

They don't need too many rich people.

It'll disrupt the economy.

You can't have an economy when everyone's have a million dollars.

Yeah, I mean, like, there's been so many obscene financial tragedies, like FTX, Terra Luna.

Did you guys have any money in those?

No.

That's good.

I got no associates either.

I've evaded pretty much every black swan so far.

So you knew from the start it was BS.

No, I wouldn't say that.

I never liked Sam.

I thought he was was a good man.

So, you never liked Sam?

No.

Like, you met him, like, never liked him.

They had red lobster.

He was rude.

Well, he was just, it was one of these kids who seemed to say, like, oh, I'm this mega genius, and he got rich off of arbitrage.

And it's like, I know a lot of people who got rich off of arbitrage.

It doesn't make them sound.

So, explain arbitrage for people that don't know.

When you're buying on one exchange and selling on another for a different price and doing it back and forth and back and forth and back and forth.

I mean, in 2018, my friend made an arbitrage bot, and I used it for a little bit.

It was working really well.

And like all kind of algorithmic systems in this space, like, it'll last for a while and then kind of just stop working.

Right, you take advantage of it and you move on.

Yeah, but Sam was no special duck.

Um,

so I was never

trying to be special a little bit to get his money.

How much money did he make off with, or did he

say it was a lot?

It was an obscene amount.

Dude, he gave the government a loan.

Yeah, he donated tens to millions of dollars.

He was buying it.

No, I think he was right.

I think he just knew how to play the raising capital game very well, where he could raise a ton of money and build the brokerage, get the biggest names involved, involved, and then, but it ended up not running it correctly.

Yeah, it's not to say that he wasn't someone special.

It just, I never thought he was as great as he and others proclaimed him to be.

But no, I didn't see the FTX crash coming.

I'm not going to say that.

So if you ran FTX, how would you ran it?

Oh, dude.

This is not half.

There was some video I watched of him.

He donates half his money or something.

That was cash show skills.

No, he donated a lot of money.

Oh, you think so?

Well, he donated a lot to government institutions.

Oh, wait,

it worked in Inca Who's.

That's why he's not going to jail.

I meant donate to, like, charities, not governments.

I'm sure he did donate some.

I don't know the numbers.

That's why the news will never go after him.

Just give him all the money.

Yeah, yeah.

He gave him a ton of money.

He's not going anywhere.

No.

Yeah, and then Terra Luna, like, same thing.

By no means did I say Terra Luna's going to go to zero, but Doquan has always been a fool.

Yeah, I got wrecked on Luna, got wrecked on Celsius, didn't have anything in FTX, but Celsius caught me me off guard.

Yeah, Celsius was, I had a lot of friends can see.

Voyager

sends out notices to people every day.

They're like doing some kind of like common mechanism.

It's actually working to send out updates every day.

Telling people, oh, you're going to get your money on this day.

The date keeps changing.

It went from February just keeping.

No one's getting anything.

Yeah, but they just keep.

I've already wrote off the loss.

I told my account to write it off.

They're updating people every day.

Like, Voyager is like super proactive about communicating.

It's like, even when you hit them up, they'll respond.

FTX bought Voyager, right?

I don't know I believe they had stake in it yeah yeah I don't know wait so how did you guys meet yeah I uh

I started in Volio it's like a verified social investing platform a year and a half ago just kind of had the idea for it got a team together raised 1.4 million in venture capital nice and

wanted to better understand the hard side of the network for what we're building

So just to give that example, the hard side of the network for Wikipedia is how do you get someone to write content for free?

That's the hard side.

And if you get enough people writing content, there'll be people that view it.

How did they pull that off?

That's a good question.

They understand network effects very well.

People are passionate about writing those articles on Wikipedia, bro.

Mine got taken down.

But you can rewrite.

You can change your Wikipedia.

You can do whatever you want to it.

But it has to get approved.

There's like a leveling system.

Yeah.

But I wanted the hard side of the network.

I really wanted to work with someone like that.

And size the best there is.

Nice.

So.

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Well, click the application link below in the description of this video.

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Talked to hit him up on Instagram, started talking, and then been working together for the last about year.

Sick.

Going back to the raise, a lot of people struggle with raising money.

So, you raised 1.4 million.

Yeah.

What would you say contributed to that success?

You have to.

So, I'm going to use this example.

You guys know drop shipping?

Yes.

So when you become really good at drop shipping, you can start finding products and say this is a winner or not.

And you're pattern matching.

You're saying, I've looked at 100 products before, I've tested some, and as you start testing more products, you can start to see, okay, this is a winner or not.

So pattern matching the hundred products you've seen to the one you're looking at now.

And it's the same way venture capitalists look at founders.

If they talk to, if they're a good VC, they've made 50 to 75 investments and three have become billion-dollar companies.

So they're pattern matching you with a billion-dollar founder.

Does this founder and does this company remind me of the founder that has had a billion-dollar exit?

So the way I was able to raise it was I spent around a year before

becoming obsessed with learning from founders that have had venture scale.

So when you're around them, you learn to see what they're focusing on.

They're focusing on network effects, this, that, and the third.

So when you go to talk to a VC,

now you understand exact what exactly what to focus on

how to speak the langu the lingo

you're in a circle and now you're you're talking similar to the way a Brian Chesky the founder of

Reid Hoffman so somebody that they're familiar with already so that they feel comfortable giving money

so it's almost like they're giving it to the same person from a voice standpoint and selling standpoint but it's you exactly so it just it was more of a year of reading every book that read hoffman or the founder of linkedin

and just listening to all all these tier one founders and VCs speak and then you know exactly what they're looking for how to speak how what to focus on and then when it comes to when it comes time to raise from a VC easy they did they they're like this is it this is the next thing wow so so he just gave everybody the business plan yeah yeah so we

hit our lead Frank Weiss who was a he created a billion dollar company

raised 200 million from the tier one VCs and then he was the one that led our round.

Wow.

And when someone that big leads you around, it's easy to raise the rest, right?

It's it's high signal.

So like every round after that,

it's easy because they know he's in it.

It's easy to other funds

that you guys did that.

So it definitely helps.

But you do have to hit those numbers.

Nice.

And how does Involio make money?

So to give a quick rundown on it, so we're the first verified social investing platform where you can share trades across multiple asset classes.

So one of the things we wanted to focus on was there's so many people in the space that are claiming they're the best, the best crypto trader, best stock trader, follow me, pay for my course, right?

And there's no way to verify it.

So right now, if I go on size page on the Envolio app, he's taken 70-something trades and hasn't lost one.

Wow.

You can see his open trades and his closed trades.

Oh, it ranks you.

Yeah, and you can kill the kids.

It kills the cap.

Yeah.

It kills the cap.

Yeah, a lot of people.

A lot of people not going on that.

Not going on that.

The cap killer.

Bust a cap.

Yeah, so if he takes 70 trades and he hasn't lost one, you know he's taking 70.

You can't delete it.

You can't edit it.

Wow.

So that's like, oh, okay, cool.

He's a verifiable guy.

I want to work with him.

I want to pay him.

Yeah.

So you can learn and follow from these people.

We're also one of the first platforms where the price target at hold time is with every trade.

So when he buys a crypto trade, you get the notification he entered.

Let's say it's Bitcoin.

He says it's going to be a 30K in the next two weeks.

So you now know exactly the plan for the investment.

And And then when he closes it, you also get that notification.

Wow.

So we're right now.

You're trying to follow their whole process.

It sounds like a money printer.

If you just follow the right people,

my buddy just bought a house from following someone's trades for two months.

Are you serious?

Yeah, because you followed his trades.

There's him and three or four or five other guys that are trading that have taken 50-plus trades with a 95% win rate.

And this is crypto stocks.

Crypto stocks, NFTs, Forex.

95% win rate.

Why wouldn't you follow someone without win rate?

It's redefining the vision of success in this space.

Like, I said right now.

And that number can be manipulated in no share.

You absolutely cannot delete a trade you share.

So, if you share a trade and it sucks and it loses 90%, you can't delete that.

That'll go into the market.

But you're inputting the trader information.

It's not linked to no apps.

As of right now, it's entirely paper trade.

But we are in the process of building out API access.

So, users will be able to attach to called Binance, Robinhood, whatever they choose, and be able to, on the creator side, be able to create, manage, and execute their positions from the app itself.

So, you guys are going to implement

the API so it can attach itself to whatever platform now you're using.

But would you have to get approval from like, you know, the other platforms?

Yeah, but they're all really open to it.

Like, I've already talked to a couple of them.

It's

probably

in their benefit.

And then hopefully down the line, we'll do a brokerage.

But for the beginning stages, just for ease of access, it takes a couple minutes to plug and play your API from Binance into the app and then be able to just auto-follow whoever's doing well.

That is sick.

It's a great problem.

And one of the things, too, when raising from these VCs, they're looking for an Airbnb or Uber type exit.

And we're doing that by, when we have this brokerage, this API, is giving anyone with internet access the ability to be financially free.

Because now you're going to be able to go on an app, find traders across different asset classes with these super high win rates, put a hundred bucks in an account, click follow, and it'll take every trade they take without you doing anything.

Yo.

Whoa, so that $100 will be spread out to everything like that.

You're almost your own fund.

So it is, it's truly going to be the largest distribution of alpha the world's ever seen.

Right, and automation.

Yeah, because you're not touching anything, so you don't even have to learn how to trade.

So it removes the fact that you even have to learn, be taught, even speak to someone.

The system is automatically doing it.

Yeah, it'll be easier to make money in the market than like ordering food at McDonald's.

You'll literally just join, see the top traders.

Click follow, and you can put as much money in any different trader.

And it's not just in terms of financial freedom.

It's not just for the following side.

As of right now, anyone can go, or not anyone, but most people can just go rent a Lamborghini and say, like, hey, buy my $1,000 course and a fake watch, whatever it may be, and just claim to be the best.

And you don't get to see how good they actually are until you're past that $1,000 paywall, whatever it may be.

And we've already had someone, this kid out of Spain, who I lightly mentored when I had just my Telegram and Discord a couple years ago, who has one of the craziest stories I've ever heard ever.

Crazier than my story, I think.

Like

I had a strategy back in the day where essentially I would say, listen, this is a very volatile market.

If you want to trade it, you should focus on doing very, very low leverage and aim for 2% to 3% every single day.

And try to compound it.

Obviously, don't be too aggressive.

If it seems like it's not going to be a good day, don't enter.

But it's a very time-consuming process.

It's very hard to stick with that for so long.

And I didn't stick with it for that long.

I stuck with it for a year.

I think it was one of the first big turning points for me outside of like long-term holdings.

But this kid who's on our app, WVInvestor, had done that for, I want to say, like four or five years um, and just like completely stuck with it.

And I hadn't really chatted with him.

He would text me like every six months on my birthday.

We had the same birthday, funny enough, and just say, like, I love you so much.

Thank you.

You'll never understand like how amazing you are.

And I finally asked, like, dude, like, how much money did you make?

How much money did you make, man?

You're not good.

He's like telling me, like, yeah, I bought my sister a house.

I retired my parents.

He's sending me pictures of watches he bought his dad, rings he bought for his mom.

Like, it was just like, holy.

And like, he doesn't have an Instagram.

He doesn't do any of that.

has no social presence.

He's posted what 50 trades in the past month?

Yeah, he's taken like 120 or 30 total.

Yeah.

What's his win rate?

Lost like 10 probably 93% win rate.

It's like for someone like that who like doesn't have the bandwidth to go rent a Lamborghini or whatever and try to sell their course like and they still want to do something with their information like he can do that.

It's redefining the way people view success in this space.

Like instead of having these flashy social grabs, it's how good are you on the track record?

I mean, the numbers talk.

Track record, not the materialistic talk.

Yeah, because right now you don't know who's a guru, who's a scammer, who's a scammer, who's the best.

You just don't know because everybody look alike.

And I look at Envolio as like a validity platform where it's hopefully down the line, it'll get to a point where, like, if you're one of those guys selling a course on Discord and you have no play on Envolio, and we have the users to argue that you should be there,

I'm just going to assume you're not real and that you're selling some BS course, whatever it may be.

And, you know, I think a couple of people have gone through it.

That's so interesting.

I like that.

I love this.

I like it.

Is it an app or a website?

Yeah, it's an app right now.

We'll be releasing a web version in the next few months.

Nice.

And then, yeah, API is done the line, and then brokerage.

We're just trying to, right now, we're lowering the friction to getting the market and making money.

You can easily find top traders around the world, follow their trades, get the notification.

And then again, we'll just take it one step further when now you don't even have to follow the notifications.

You can just put the money in the count.

Yeah.

So that way, the whole world can use it.

Not a lot of people are crypto savvy.

Exactly.

Yeah.

So there's AI implemented in there too, right?

Because of the

automation aspect of it?

There's no AI into the automation aspect.

It's just plug-and-play.

So if I'm taking a trade on my Binance account or doing it from the Envolio dashboard, it'll just go to all of my followers and it'll enter automatically.

Well, no, I'm saying when it comes to when you guys implement the API aspect to where when you put money in there, it kind of spreads your money out where you're going to be able to do it.

You'll be able to choose.

So let's just say you'll join the app.

You'll see here's the top performing traders.

Here's the the leaderboard.

It's going to be probably, right now it's like 10 people with 90% win rates across different asset classes.

And you'll just be able to choose.

I want to put money in this guy, this guy, this guy, follow, and then it'll just start taking every trade they take in your account.

Yeah.

And let's say they're following me.

If I'm taking a trade on Ethereum and I'm allocating 10% of my portfolio, then if they have $100, it'll allocate $10.

Wow.

So does the profit split with the leader?

Or no?

That would be illegal in the US, right?

Yeah.

Yeah.

It does.

Oh, it will be.

We have licensing behind us, but no, we're trying to keep this as accessible as possible, and we don't have any means to do profit shares.

Like, if someone chooses to monetize in-house and charge $100 for that subscription, they may as well.

Okay, so the leaders can have a switch.

They can charge whatever they want.

Yeah, and

for the creators out there, essentially what we built is the strongest landing pitch possible.

Because right now, the way pretty much anyone in the space uses Instagram or Twitter to verification to it.

Right, right, right.

Like, look, this is who I am.

Buy this, watch this.

Here's an ad, right?

And what we did when building this was focusing on how do we create the strongest landing pitch possible for the hard-sided network to want to come on.

And we've built that out, and once that monetization comes in, instead of saying, here's the Lambo,

go to the website, pay for something, get access to the Discord, it's going to be, here's my closed history.

I've taken 70 trades, 80 trades, 100 trades, and lost 1, 2, 5, 10.

pay for the open trades.

So that conversion rate is going to be much higher for any creator that wants to come on and start monetizing.

Yeah.

Because it's like, why wouldn't you pay money?

This guy's taking 100 trades and plus three.

And they'll be able to have all their links and everything in there where you can find them at.

Dude, they're going to put OnlyFans out of business.

Yeah, because it's like OnlyTrades.

That's crazy.

What's next for you guys?

A billion dollars.

Get to our Series A, hopefully get a 150 mil valve.

Something like that.

So you're going to raise during this bear?

We're raising, we're closing a round right now.

It'll be led by the former head of revenue at Snapchat.

Wow.

Yeah.

That's

yeah, so he's leading this next round,

partnering with some big names.

Have you guys brought in revenue yet or are you pre-revenue still?

Pre-revenue right now.

Pre-rev.

And you're able to raise that bat valuation?

Because

the tech is so good.

We have a pretty insane growth rate right now.

And then daily active users is, I think.

Yeah, growth is the information that's actually the currency.

We can spend a dollar on marketing.

And obviously,

the marketing space, too.

You guys have advertising.

We've got 100, 200 posts on social media since joining.

And we watched about two, three months ago.

And it helps too with our team.

Our team's unbelievably solid.

We have our two leads, like our founding team is David and Jory, who are leading the development side with Cody and Richard.

And

they work from 7 a.m.

to 1 a.m.

Jeez.

Like they just...

They work like crazy, and they're some of the smartest people I've ever met.

Wow.

So we put a problem in front of them.

Like, we wanted to do live prices in the AfroCrypto.

And we gave it to one of of our co-CTOs, David, and he got faster prices than TradingView in a week.

Sooner than early.

Sooner than a week.

No, David's insane.

He's been around forever.

Yes, we have, like, our team is unbelievably solid right now.

So it helps a ton with raising because they meet the team.

That's the most important thing when they look for investments, right?

The team.

Exactly.

Especially in these early stages.

It's completely a bet on the team because the products change so much.

Like even like Slack, it was a video game.

Oh, was it?

Yeah, they were building a video game, and they were using Slack as a way to communicate with the team.

They ran out of money and then it was all the investors just like, I mean, your team's great.

Just try to do something.

Did Slack ended up being 20 billion?

Wow.

Yo, that's nuts.

Yeah.

That's crazy.

Yeah.

So, yeah.

Man, it's been a pleasure.

This got real interesting

on both sides.

Yeah, for real.

Any closing comments from you guys?

No, it's great talking to you guys.

Thank you.

And if you're interested in following some top traders in Volio app on, we'll go play a store in Apple.

I'll put a link in the description.

Download Envolio.

Yeah, I appreciate you guys having us on.

Download Envolio.

Now, thanks for tuning in, guys.

I'll see you next time.

Peace.