$EIGEN Token Launch! Flop or Not?

Bankless Friday Weekly Rollup
First Week Of May
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TIMESTAMPS & RESOURCES
00:00:00 Start
00:01:04 David's Eye Update
x.com/TrustlessState/status/1...
00:05:52 Markets
pro.kraken.com/app/trade/btc-usd
pro.kraken.com/app/trade/eth-usd
/ 1785607112682246286
00:11:17 BTC Miners Struggling
/ 1784720608691159410
00:13:55 BTC to $3.8 Million?
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00:18:52 Solana Season Over?
x.com/0xGumshoe/status/178424...
00:25:31 The $EIGEN StakeDrop
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00:30:31 The 2 Token Model
imgur.com/YE7PBL3
00:34:36 Distribution Details
imgur.com/y7BEqUu
00:39:29 Locked Tokens
x.com/TrustlessState/status/1...
x.com/TrustlessState/status/1...
00:47:33 Eigen Team Perspective
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00:56:51 Industrial Airdrop Farmers
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01:01:05 CZ Sentenced to Jail
x.com/BitcoinMagazine/status/...
x.com/cz_binance/status/17854...
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01:08:48 Stripe Crypto Support
x.com/collision/status/178355...
/ 1783854777622724683
01:10:55 Visa's Onchain Dashboard
/ 1783471909533106610
01:12:04 USDC overtakes Tether
visaonchainanalytics.com/tran...
x.com/paoloardoino/status/178...
01:13:42 Tokenizing Treasuries
www.franklintempleton.com/pre...
01:14:55 AAVE V4
x.com/aave/status/17857499238...
01:17:22 Coinbase Integrates Lightning Network
www.coinbase.com/blog/coinbas...
01:17:58 The War on Crypto
consensys.io/blog/consensys-s...
www.ic3.gov/Media/Y2024/PSA24...
/ 1783586883194265820
01:22:12 Square and Cash App Investigated
x.com/RyanSAdams/status/17857...
01:22:56 Roger Ver Tax Fraud
www.justice.gov/opa/pr/early-...
01:24:37 Etherscan Bankless Partnership!
/ 1785357882181214215
01:25:42 Meme of The Week
x.com/dabit3/status/178588648...
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Not financial or tax advice. See our investment disclosures here:
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[@Bankless]

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[@NoName-ki2lr]

There's only one legit beef with the drop. No transparency regarding block. Unrestricted access in, restricted access out, no Bueno

[@JeganBedpal]

Watching the crypto market's ups and downs shows how quickly things can change. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 1.2Biitcoin to a decent 11.4Biitcoin... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

[@TedStalets]

Kerrie Farrell program is widely available online..

[@rogercav40]

Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.

[@PatchettStalls]

The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways...

[@JasonGavino-dj6ze]

On the grand scheme of things, once you understand the potential of trad!ng, you can bet on it but I think people need the education to fully understand....

[@BanwarilalKumawat-ij6tp]

Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate..

[@nfranceschina]

FYI - I prefer the longer rollup episodes.... 60mins isn't enough... 90mins is good

[@Barone2013]

Guys the Hong Kong ETF volumes were low on the first day because of the way it is structured with 12million dollars. On the second day it was 292million dollars. Guys relax. When you launch at a time when there is fear everywhere, like the last week, people will be cautious hoping to buy at lower prices.

[@informalacc]

flop

[@astrosbadhabits6012]

Eigenlayer is a classic example of why we are going to have a memecoin supercycle get mogged VCs

[@jamessmith1652]

Yes Hong Kong ETF market is indeed small but the general capital market, Hong Kong is still the 4th/5th biggest in the world.

[@r12raul]

55:00 cringe take lol. Good job Ryan reigning it back in

[@rivianado8430]

Exactly. David repping the capital side for VCs and investors. Next obvious step is to lobby for banks.

[@MetalBum]

Great coverage guys. Glad you covered different sides. Community is def most important. Early Investors and team hyped it. And got users who are really what make the protocol. Tech can be copied. Investors can be replaced

[@fern_fern_fern]

EIGEN would have been fair if they told ppl about the restricted zones from the beginning. That was clearly done on purpose for the TVL.

[@TheMisterBalada]

Guys you really need to record that rollup at a later stage of the week. Friday evening would be perfect. You‘re always missing important stuff (in this case: EigenLayer min. Allocation) And the whole LayerZero action, you just missed it for this week and next week it won‘t be a hot topic anymore

[@joelalexander928]

how many disputes have been resolved with this UIWT????

[@johnconnor2572]

Awesome learning about intersubjectivity and how EL actually works. Woulda been cool if they said it themselves clearly before gatekeeping their token harder than Rogal Dorn during the siege of Terra

[@Enraiful]

People wouldn’t be mad about VCs if they could be VCs and join in like it was the case during ICOs. So yes there is that dichotomy for a reason.

[@sunnysworldnft]

been m.i.a for a couple of episodes guys sorry been head down building... will be doing some catching up today.

[@davycrockett8886]

You trust Solana metrics?

[@alscott212]

“Learn to get beat up”??? That is crazy!!! Is Nic Carter that crazy? 🤷🏻‍♂️

[@crypto-logisch]

55:46 This difference between “labour”/users and “investors/team” wouldn’t exist if those projects would get launched like it used to be back in 2017. Why? >>> Because back than we had real permissionless ICOs, and those distributed the risk/reward evenly. That’s something that I feel is missing… I get it that this is problematic, and the US has a long tradition of having large entry barriers for the average user to invest in things because the regulator would like to protect them from gains. 😅

[@sunnysworldnft]

Shawn you gotta bob and weave . but those are just stripes as your learning

[@cryptoemcee]

Thanks as always on Fridays, guys.

[@Barone2013]

How do you get to 60% APY? That is very false. Very wrong calculation.

[@DougHigby]

Best estimate I could find is $10 per EIGEN. That is a 15% APY by my count.

[@swylie2010]

Labor vs Capital.Interesting observation. I have always maintained that the idealistic aspirations of crypto will result in nothing more than exactly what we have already. This is a moment for profit and it will pass. Take the profit. There are longer term benefits brought by crypto and bitcoin, some areidealistic, but it's incremental improvement, not revolutionary.

[@rivianado8430]

I don’t have access to your KZbin demographics, but, if your audience is even half crypto-native Americans, then this is the most out of touch episode to date. Your defense of Eigen layer is missing the entire community sentiment. If you wanna keep it real, just say “we are getting a token allocation, no matter what! I know y’all tried to use VPN and failed. That’s too bad. We don’t pity you fools. We’re insiders now ya’ll. hfsp!! 🤑”

[@ReneSalasDesign]

Bank on Bank >>> Flexible Kinks

[@gordyhydro5774]

The eal deal in the crypto space is Cardano. A blockchain built by the people for the people. Cardano is close to solving the blockchain trilema. Does the world need another Blackrock Ethereum? Definitely not.

[@tijanav2910]

Thank you once again for sharing these enjoyable perspectives.. And David is ultra attractive after taking a punch 🫡😄

[@leeprice9608]

Judge distance and keep your hands up 🫡

[@Afure-eh4jm]

Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them

[@joelalexander928]

just remember eigenlayer is not a public good

[@Lenskiu]

thank you guys

[@okpalafavour7180]

Pikamoon all the wayyy🚀🚀. LFG!!

[@elokechimaobi4530]

$Pika has great potential 💯

[@MikkiAbrazado]

Greed is not good.

[@MmeyeneEdet2]

Don't miss this

[@emmybest8306]

Interesting

[@wills001]

Can't wait for more token launch soon #pikamoon

[@cloudsky2208]

#Pikamoon is an amazing project. The best launch I have seen in the past 8 months. Massive 7x pump post launch and holding up incredibly well till now. Pretty sure $Pika will go past its ATH in the imminent crypto bull run. To the Pikamoon we go!

[@rayhankobirrony4980]

great

[@stanislav5262]

David got punched in the eye

[@jovsparry]

$pika is cooking

[@studentstechhub6799]

"Pikamoon $PIKA is the moon's secret weapon in the crypto universe! Unleashing a powerhouse of innovation, speed, and community-driven fury, this celestial sensation is rewriting the rules of cryptocurrency success! Get ready for a gravitational pull like no other, as $PIKA attracts a tidal wave of growth and propels its holders to new heights!"

[@vanessalynne9899]

#SCAMLAYER

[@user-cv2rx1nw2n]

Nice

[@Fiverraccount-br8ci]

wow

[@user-cg3qj3bj9c]

Wow

[@CoconutKai_eth]

When will you interview @yourfriendsommi?

[@RippinBmore]

Pulsechain

[@POLOKProshed]

LFG

[@bigbossgamer5363]

"$PIKA and pikamoon are igniting the crypto world with their innovative vision and unstoppable momentum! 🔥 Joining the #pikamoon community means embracing boundless possibilities and being part of a game-changing journey. Buckle up for the ride to the moon! 🚀 #pikamoon"

[@SadikKhan-oo7rb]

#Pikamoon bulish soon

[@wisdomkekong2964]

🚀 $PIKA and #pikamoon are on fire! With innovative tech and a community that's buzzing with excitement, this is one project to keep your eyes on. The momentum is real, and it’s just the beginning. Get ready for an exhilarating ride! 🔥🌕

[@Feewchann]

what's wrong with your eyes Devid?

[@eonemusic5988]

PIKA LFG

[@loisemama7867]

#pikamoon to the mooon

[@SMSIAM-mo4bu]

#pikamoon 100x

[@huncholife777]

Get Ur #pikamoon bags now🎉

[@AMdArifulIslam-dw9rs]

Pika is best #pikamoon

[@nottypical7675]

Thanks for the analysis on the airdrop. It did still come off like the community sentiment is being downplayed a bit. You're right, it's hard to sound objective when you're on the advisor board so I don't envy being in your position. Also, thank you for showing that lawyer's take on geoblocked airdrops. I am very concerned that the get around for claiming drops like these will hurt claimers. Projects do this to protect themselves, so it comes off like "we are doing what we need to do for our own best interest, you as the retail investor are on your own if you claim these and we are not legally liable if a regulator comes after you". No project has to give any airdrop so everyone should be grateful. This is a good lesson for all. Don't expect anything from anyone.

[@theganjaghost1717]

#pikamoon is what you should be stoked for

[@eduardoheribertoperezcorte4852]

With the potential AMS89K has shown, I wouldn't be surprised if it surpasses even the most optimistic expectations

[@promiseikeri4058]

Mad hoo

[@Tebe-ebiLokri]

The recent partnerships and collaborations Pika Moon has secured demonstrate its growing influence and potential.#pikamoon

[@AMdArifulIslam-wc3fc]

Best #pikamoon

[@TechGuru_Moses]

$PIKA TO MAKE A 100X.

[@rithiksarkar5]

#Pikamoon

[@pandosann]

Another shity drop

[@dukequack6209]

Lol soo many salty complainers. Is this really the only airdrop you missed out on?

[@charliegraphics4382]

Let it spike and keep spiking. Pikamoon all the way #pikamoon

[@SoftzDani-fn1ox]

LFG $PIKA THE BEST GAMEFI PROJECT ON THE SPACE 🚀🚀🔥 #PIKAMOON

[@GeeVee-fq9cc]

$pikamoon is pumping hard 💰🔥

[@jovsparry]

$pika buyy

[@mahmudulhasankabir6347]

#pikamoon nice market

[@user-zi8gy9ds2f]

Bullish with pikamoon too #pikamoon

[@Fiverraccount-br8ci]

wow #pikamoon

[@MdSauroveIslam-gc5ds]

#pikamoon100x

[@DutchDave-og5nl]

The @pikamooncoin Army is holy behind the content of this video. Thank you so much! Concider this an extra 60.000 likes from us!

[@danielpennington5313]

We need more alpha on the best new project $PIKA #pikamoon 🎉

[@danielinaya6512]

LFG pika #pikamoon

[@marzanhossain8485]

nice #pikamoon

[@Anondochandro]

Wow

[@AMdArifulIslam-rr8cl]

Best #pikamoon

[@MdSauroveIslam-gc5ds]

#pikamoon100x