Alexander Taub joins us to discuss the Illuminati NFT and Upstream’s DAO as a Service.
Alex Taub is the co-founder of Illuminati NFT and co-founder + CEO of Upstream, a new social professional network. You can request access at Upstreamapp.com.
Alex previously was co-founder and CEO of SocialRank (acquired by Trufan). Prior to that Alex led business development and partnerships for online integrations at Dwolla, a payments startup based in Iowa. As well as for Aviary (acquired by Adobe), a NY-based startup that provides a photo editing API for web and mobile devices.
Alex is active in NY tech scene as creator of the BD Meetup and an advisor to early-stage companies. He has been featured in Business Insider as one of the “Top 20 Under 25” in the NY tech scene. Alex writes a popular blog called Alex’s Tech Thoughts, has been published in Fast Company, The New York Observer, The Next Web and VentureBeat, teaches Business Development classes, and has been quoted on many tech websites including TechCrunch, NY Post, The New York Times, Business Insider, Mashable, and PC Magazine. He was a contributor for Forbes Entrepreneur section and advisor for Rainfall Ventures, a seed-stage VC fund. Now he is the General Partner at Taub Ventures, an early-stage fund to invest in startups.
Alex holds a BA in Economics from Yeshiva University. He is married and lives in North Miami, Florida with his wife, two daughters, and a dog.
The following transcript was created using artificial intelligence. There will be some grammatical errors below.
00:01:06:18 – 00:01:34:24
Richard Carthon: Hello, everyone, welcome to another episode of Crypto Current, your host here, Richard Carthon. And today I have a special guest that is working on a ton of different cool projects that I’m excited to learn more about each of these. You definitely don’t want to tune in and learn about everything that’s going on, and for everyone is tuning into this. There’s actually a special thing going on right at this moment as this gets released. So I want to do Alex, who is the co-founder of Upstream App and also one of the founding members of the Illuminati NFT. How are you doing today?
00:01:35:17 – 00:01:36:27
Alexander Taub: I’m doing well. Thanks for having me.
00:01:37:20 – 00:01:45:18
Richard Carthon: Of course, man will excited. You could join us. Before we dive into all those amazing things, I want to learn a little bit more about. You can give us a little bit of background on yourself.
00:01:46:07 – 00:02:17:09
Alexander Taub: Yeah, sure. Born and raised in New York, moved to Miami about a year and a half ago before it was for school. I’ve always worked in startups at a school. I worked at a startup called Avy areas like a photo editing company that end up getting acquired by Adobe and joining a startup with my co-founder and upstream Michael Company called Dwolla Payment Startup based in Iowa, who’s one of the earliest ways to get money in and out of the crypto exchanges. So you’d like find your Dwolla account? We would have been in San Bitstamp, Mt.
00:02:17:11 – 00:03:05:11
Alexander Taub: Gox, all those fun places and was there from 2012 2014. I think when we joined Bitcoin was like less than five bucks. I think, Oh my gosh. It was pretty crazy time. And anyway, long story short is we left in 2014 started a company called Social Rank. It was a social media analytics startup around Twitter and Instagram data and then sold in 2019 and started upstream and upstream began as like sort of this professional like like what is the future of professional networking look like a professional communities look like? And you know what is LinkedIn Groups 2.0 look like and started, right? Colbert was starting, and we did these like virtual events that really took off, and these communities sort of took off these 30 minute virtual events.
00:03:06:03 – 00:03:42:16
Alexander Taub: And then this past summer, we started working on a new product called the Action Collective, which is like, I don’t know how familiar with DAOs and the concept of a decentralized autonomous organization, but really sort of when you think about. Community like Community 1.0 was very much like like like think of it like IRL, so it’s like, where did you grow up? And like that is the team you’re like, I grew up in New York. I’m a Knicks fan. You know what? Where did you grow up or what city? Where are you from? Depending on what club you’re in or like, what synagogue or church or mosque you went to.
00:03:42:28 – 00:03:43:15
Alexander Taub: And
00:03:45:02 – 00:04:23:06
Alexander Taub: then they’re like Community 2.0 was like online. It was like Discord and Facebook groups and and Twitter groups and WhatsApp and Slack and all these different groups. And those were like interest based groups. And a lot of people believe that Community 3.0 is the concept of a downward spiral. It’s IRL, but it’s ownership of those things. It’s instead of funding the community admin. You actually are like funding the community itself and getting ownership in the community. And we started getting really excited about what that could be, and we released a product called the Upstream Collective, which allows any community on upstream to sort of spin up their own debt and.
00:04:25:01 – 00:04:47:07
Alexander Taub: That was sort of exciting while we were starting to build that, I started to think a lot about NFT projects and what that might look like, and that’s how we sort of came up with the Illuminati NFT idea. And that’s going to be a collective, a DAO on upstream. And we’re just setting it up right now and sort of the most legally compliant way and should be ready sometime in February to actually properly do.
00:04:48:04 – 00:05:18:13
Richard Carthon: Wow. So, so much to unpack. Thank you for breaking all that down. No, no, no. I mean, but I want to go to each of these points, right? So you were first in crypto and in working in some of these startups back when bitcoin was under five dollars and you’re able to grow it? Yeah, a whole decade, right? And you’re able to see how this has been transformative, not just as a technology, but as an industry and as a community and as you were looking at, you know, going from one startup, you know, being able to have a successful acquisition, by the way.
00:05:18:15 – 00:05:51:18
Richard Carthon: Congratulations. Awesome. And then you go to upstream and you start to build this out. You broke down three different concepts that I think is really important, so you say I RL in real life, you are which basically online and then the third is going to be these decentralized Thomas organizations to where you have a say in the matter. You also have ownership and you potentially can get compensation on building such a community while being a part of it, which I think is a very cool and kind of surreal for a lot of people to not really understand, like what’s going on with that.
00:05:51:23 – 00:06:12:03
Richard Carthon: So I just I want to first, like spend a little bit more time on when you came up with the concept of being able to on board and help people understand this because it’s a nice buzzword, right? Centralized autonomous organizations. What made you all decide to go in that direction? And how do you think onboarding people into dollars is really going to be what the next move is in building communities?
00:06:12:22 – 00:06:47:06
Richard Carthon: Yeah, it’s a great question. So two things one, I think that there’s going to be a really explosive thing in 2022 that everyone thinks that like 2020 was like DeFi season 2020, one NFT season. A lot of people believe that 2022 is going to be DAO season and Constitution Dao really exploded. And let’s be honest, like Constitution Dao isn’t really a DAO. And I said this in the most loving way because it made a lot of people interested in the hours and think about what is really just a crowdfund dao.
00:06:47:08 – 00:07:18:02
Richard Carthon: You need to vote on stuff you didn’t have a say. I never I participated in the Constitution. I never vote on anything that’s fine because it was great. The people are great. But like a real dao, you’re voting. You have ownership, you have a say. And that stuff is a little bit messy, you know what I mean? Like, figure out any way, any place. And that stuff’s messy. So yeah, I think I think the there’s two types of doubts that are going to be one or like these big public ones like the Constitution, that others are that I think are going to have a lot of legs in.
00:07:18:04 – 00:07:48:26
Richard Carthon: Twenty two are more like like group cats that want to add a wallet to it. So you and my five friends want to pull some money together and like, you want to buy something together. And I think that’s interesting. And the other thing to think about it in terms of does does aren’t currently legal entities in any capacity. And I say that in the most loving way, because a lot of people like in not a lot of people, but in the 1970s LLC came to be. Before that, they weren’t anything.
00:07:49:08 – 00:08:22:10
Richard Carthon: And even for the first few years, they were like sort of shaking and people were using them as much. I think does have a chance to become the next LLC. But the reality is, if you want to do this in the most compliant and most conservative way, you want to wrap the Dow. The Dow is great for like voting and governance, but it’s not. It’s not a legal entity in any capacity, so you need to go wrap that into something like a an LLC or a general partnership. Or, you know, there’s some experimentation around something called a une an on, I think called.
00:08:22:18 – 00:08:55:22
Richard Carthon: I think it’s pronounced. I think it’s a unique unincorporated nonprofit association. And you can make money. As a non-profit, just look at Harvard, look at every university, right to be a non-profit. I don’t think that I don’t know that they are still a non-profit, but I know they were at one point. You just can’t distribute it, know there’s certain rules. So if you want to do this right, you have to set yourself up properly. I think in the future, the down in and of itself might be recognized as a legal entity, but it just isn’t yet.
00:08:55:24 – 00:09:27:13
Richard Carthon: So when you look at things like that, which which is a true Dow. It’s under 100 people, less than 25 million, and they set up like a LLC or some sort of entity or corporation. And so there’s a lot to do here. But I think that there’s something really interesting. If you pull together money with a bunch of friends to do book club like, you don’t have to create a corporation around that. But if you want to do like book club in every city of the country, you probably want to be a corporation. When you want to protect yourself, you want limited liability.
00:09:27:29 – 00:09:35:03
Richard Carthon: So it’s just a really fascinating space, and it’s just in its in its infancy, which makes it even more exciting.
00:09:35:26 – 00:10:08:24
Richard Carthon: Yeah. You brought up a really awesome point in the fact that when you think about LLC, yes, they’ve you know, a lot of people have lost seats, right? And that’s kind of how the world goes round with these, these businesses. But as you look at it, it’s been around for 50 50 years. And so as and when you first got into it, like, like you said when they first came out, it’s not like everyone just jumped on it. And if deals are potentially going to be the new LLC, it makes sense that a lot of people one don’t know a lot about it, too. Don’t know how to legally set one up if there is a way. And then three, being able to be one of the innovators to get it out there and get stuff rolling.
00:10:08:29 – 00:10:35:14
Richard Carthon: But you’re not only just doing that, you’re finding a way to easily onboard people to give them options on how to do that. I mean, even the concept, like you said, a fringe group being able to come together to pull together money like the first thing to get online is like fantasy football, right? All these people, all these leagues, they usually have a cash prize at the end. If you could set up a deal to really put all that there and then the winner is decided who they vote on, who one to be able to take that money without having to set up a legal entity. That’s awesome.
00:10:37:14 – 00:10:47:03
Richard Carthon: Yeah, I mean, yeah, that’s the whole idea. So I mean, so that’s the whole thing is we were like building this thing out and we. We were.
00:10:48:24 – 00:11:06:07
Richard Carthon: We’re building this product, and I was just thinking of ways to use it in an interesting and cool ways, and that’s what led us to come up with the idea like me and two friends to come up with this idea of building like this Illuminati NFT concept and basically
00:11:07:29 – 00:11:35:05
Richard Carthon: put 50 percent of all the mints in in a collective on upstream to actually use it to do some interesting stuff. So we’re. And it’s going to be community decided. I mean, listen, I have a bunch of proposals I plan to submit to the community. Doesn’t mean everyone’s gonna want to do it. I mean, I still need to get the votes. So it is. It’s going to be really fascinating to see the dynamics at play and and how people participate.
00:11:36:03 – 00:11:40:00
Richard Carthon: Oh, definitely, man, and like one of the one of the things you kind of talked about was
00:11:40:24 – 00:11:41:22
Richard Carthon: how, you
00:11:41:24 – 00:11:54:01
Richard Carthon: know, mischief in, I like trying to bring that on, like the decentralized world. Can you kind of just like describe what that is and like how, you know, people are going to be able to basically participate in drops and all the other things with this?
00:11:54:15 – 00:12:01:10
Richard Carthon: Yeah. So Mischief is a company based in Brooklyn. They’re responsible for fun jobs like I think they did.
00:12:03:03 – 00:12:33:27
Richard Carthon: They’re like a dead startups thing. I think I have one near me. I can’t find it right now. I think it’s somewhere in my house. They did the they did the little devil’s shoe, an angel shoe. I don’t know if you remember that where he got sued by Nike. They did this like giveaway. They did like a I think it was a Lambo giveaway. So you either got a real Lambo like a toy, Lambo and everyone paid like twenty five bucks. So they do like fun stuff. So the concept of mischief is like mischief in of itself as well as the company mischief.
00:12:34:07 – 00:13:18:21
Richard Carthon: So doing fun things like one of the proposals we’re planning on doing is like, I want to I want to make a proposal to take in a sort of like a dead NFT project, you know, project. At launch early, twenty twenty one didn’t have legs because it didn’t have legs, didn’t sell out or didn’t do this. And like, sort of like go to the team, buy it up and then relaunch it, redesign it, relaunch it like that. That type of mischief, mischief, activity of like, can we do some fun stuff? Can the community be involved? Vote on this stuff and just like have a really dynamic like Dao Collective that like people really have a say and they feel like, you know, they and they participate in in sort of all the things that have.
00:13:19:19 – 00:13:51:21
Richard Carthon: No, that’s I mean, that sounds like a lot of fun, and like you said, with it being part of a Dowland. And I guess the first thing is for the for the NFT side of this, right? So for the Illuminati eliminar Illuminati NFT that you have going on right, is it that everyone that owns one are now part of your DAO automatically? Is it like why would somebody want to come in own one of these? Like, if I’m not mistaken, by the time this is going to be released, everyone will know you’re your white list almost sold it out. But as soon as I went public, it sold out in a couple of seconds, which is insane.
00:13:51:23 – 00:14:05:20
Richard Carthon: Congratulations. Yeah, that’s awesome. Like, huge kudos to you. Obviously, the community really likes what you have going on. So for all of those who missed the boat and are just now learning about this, like what is it about this community that is just so electric?
00:14:09:27 – 00:14:37:24
Richard Carthon: Hey, cryptocurrency, true. This is Steve Miller, and I’m the host of CC Live Show that keeps you up to date with what’s poppin off in crypto in every episode of CSI Live brings you. The latest news keeps you updated on the top projects in decrypts everything you need to know to get ahead in the wild world of Web3. So if you really want to stay cryptocurrency, join Richard, Chris and I every Tuesday and Friday at seven p.m. Eastern, only on YouTube Live. So what are you waiting for? Subscribe to cryptocurrency YouTube channel today and as always, stay cryptocurrency.
00:14:41:18 – 00:15:12:23
Richard Carthon: So I think a really good use case for like the Dow product in this NFT is like your Illuminati NFT is going to couple as your your vote and your your entry into the Dow and my other one because I think this one’s dying over here. But so what ends up happening? This is not working, OK, you can still hear me. I got you. All right. I might have to go to this.
00:15:13:02 – 00:15:23:03
Richard Carthon: And this actually does. I might have to go to my non headset. But anyway, so what we’re doing is it just means I’ve been on the phone too long.
00:15:25:06 – 00:15:58:06
Alexander Taub: But yeah, so what what you get one eight thousand one hundred twenty eighth of a vote in and out, but they use it in theory. If you don’t connect your wallet that as the NFT to the upstream, then you might not be counted. It’s not 100 percent going to be one thousand eight hundred twenty eight because if someone just has it and they don’t want to connect it, they want to vote. They don’t have to. It’s just everyone who actually connects their wallet with the NFT, to the voting mechanism, to their mansion, with their metamask, to the voting mechanism. That’s how you’ll be able to sort of make your vote.
00:15:59:10 – 00:16:28:07
Alexander Taub: So it could be that it’s much less it could be that it’s only four thousand of the eight thousand vote and then we’ll take a majority of that. So it’s a a lot to figure out. We first before we even get into any of that, we really need to set it up compliantly. The money is just sitting in the multi-sig wallet in the Dow. We’re not going to touch it until it’s set up compliantly. There’s an entity around it, et cetera. And then we’ll start letting people in as long as they own the NFT.
00:16:29:05 – 00:17:00:10
Richard Carthon: Right now, it’s a really cool concept man, and it brings back full circle, you know, everything that you’re doing with Upstream and the concept of truly building this electric community as we kind of head into this new space. And I guess my next question for you is like as this continues to evolve. So of course, NFTs are a good way to like bridge and have doors for building, for building communities and having them come together. What do you think are other ways that this will continue to evolve into the future? Like, do you do you see like a metaverse play? Do you see like a gaming play? Like, how do you see this continue to move in progress?
00:17:01:19 – 00:17:14:16
Alexander Taub: Yeah, totally. I mean, I think, you know, we’ll definitely buy up some land in some of the metaverse and use some of the down money. We’ll put it to a vote. Maybe we’ll get like a secret layer somewhere.
00:17:16:01 – 00:17:47:21
Alexander Taub: I think doing in-person dinners and events is going to be super cool, and I want to do a lot of that at different conferences. So we do a lot of plans. You know, we don’t want to promise too much. We want to do things we 100 percent can deliver on. So the first three things that I think that we’ve we’ve settled on is one is the Illuminati collective, the doubt that it’s my responsibility, that is the thing I’m working on. The second is some of the merch stuff that we’re working on. That’s more of the design team and the creative team.
00:17:47:29 – 00:18:07:20
Alexander Taub: And then the third is when we originally launched the contract, we had a fatal issue with it. One hundred eighty seven were minted until we killed that contract. So we have something called the one eighty seven. It’s going to be its own special collection once we do the our reveal, which is going to be on Friday, which is probably when you’re going to release this once that happens.
00:18:09:26 – 00:18:38:19
Alexander Taub: The process gray, who’s the designer, is going to go and do it. I think he has a good idea of what he wants to do for it. So that’s that’s that’s his next thing that he’s doing. So we all have our things that we’re good at, like, I have no idea I would never be able to solve any of the puzzles they put out. And and I don’t know any and I like the design that I can design or code or anything. I’m good at Dow stuff, and that’s the stuff that I’m focused on in terms of the team. Everyone’s going to what they’re good at, right?
00:18:38:28 – 00:18:55:15
Alexander Taub: And it’s good to have that team right and also to know your lane. And how do you keep moving the vision of what you’re trying to do for it? And I think what’s really cool with what you found with, like your co-founder and the rest of your team is how do you kind of complete the circle of what it means to build a truly?
00:18:57:23 – 00:19:32:01
Alexander Taub: Fully involved community like someone that wants to be around, wants to be participating, wants to bring other people in the community and be continuously driving value back to them communities. It has been like a big passion of mine for a long time, and it’s it’s cool to see all the things that you have going on with this. But for all of those who aren’t necessarily spending the time and energy to understand how important this is. What would you tell them about why they want to be investing time and money into learning more about how they can be effectively building their communities?
00:19:33:26 – 00:19:44:22
Alexander Taub: True question. I mean, you know, we started a lot of communities starting really like doing a lot of things that don’t scale. So like when I started, you know, I started the.
00:19:46:13 – 00:20:16:18
Alexander Taub: When Michael and I started upstream and we started initially, it wasn’t actually virtual events, it was giving and getting help. We felt like that was something that was happening in a lot of these different slack and communities that like professional communities or there giving and getting help. People were like, Hey, I’m looking for an intro to Nike and someone to jump in and try to help them. So that’s how we started. And then it sort of naturally evolved into events when COVID happened. Virtual events like to help people. You need to know people. So it felt very natural.
00:20:16:27 – 00:20:38:22
Alexander Taub: And then once the events happened and we did office hours and regular events, and now it sort of feels natural to like, OK, this is sort of like a patient instead of being a member of the community or an owner in the community and you get to make a decision on what happens. So a lot of this stuff is a lot of hand-holding and and there’s a lot of manual aspect to it. But that being said?
00:20:41:09 – 00:21:13:25
Alexander Taub: You know, listening to the community, talking to the community, trying to understand what they want and need, you know, with the down stuff, you know, we’re playing with a bunch of private communities. I have a bunch of experiments. I want to run on some of these other communities that we have. We have two hundred communities. There’s a few experiments we want to run with some of the other communities and show people the way to create a blueprint of how to create, turn your regular event running community into a, you know, a proper collective, a proper DAO.
00:21:14:04 – 00:21:22:12
Alexander Taub: What would that look like? You know, I have some ideas, but I want to give away too much because we’re we’re going to we haven’t finalized what we’re doing it.
00:21:23:00 – 00:21:28:06
Alexander Taub: Gotcha. No. Mean, it’s all still really good points and thank you for it for sharing what you did
00:21:29:27 – 00:21:53:02
Alexander Taub: as we kind of step into 2022. Right. This is one of the earlier interviews of twenty twenty two for cryptocurrency. Appreciate you being here! What would you say is a huge lesson, such big lesson that you either personally or as a business learned in 2021? And what is a bold prediction on what do you think is in store for the crypto blockchain NFT community as we head into 2020 to
00:21:54:27 – 00:21:56:09
Alexander Taub: a lesson I learned?
00:21:59:03 – 00:22:07:08
Alexander Taub: A lesson I learned and a lot of lessons, I would say a big lesson I learned is is.
00:22:10:00 – 00:22:27:24
Alexander Taub: Really, trust trust your team to be able to if you have the right team, trust them and definitely the law and a lot of people on the team that really, really worked out this year, the team at Upstream is just phenomenal. Everyone is just really good at what they do. And you know,
00:22:29:18 – 00:23:06:21
Alexander Taub: I’d say, like, build a team that you can trust. That was a really good lesson I learned this year in terms of being bold predictions. I think a lot of people think like, you know, we’re in this frothy time, whatever. I think when Coinbase NFT drops in the next two months, it’s going to be explosive. It is going to be, you know, a proper. Custodial NFT wallet doesn’t exist right now, and it’s just going to protect so many people getting hacked and a proper custodial wallet is going to be just so good for a lot of people who just don’t understand how to use a hot wallet.
00:23:07:06 – 00:23:15:12
Alexander Taub: So I think that’s going to explode the amount of wallets and usage and NFT buying. It’s going to take off like a wildfire even more.
00:23:16:01 – 00:23:47:29
Alexander Taub: Yeah, I think that’s a great call. As soon as that information came out last year, I was like, man, as much as OpenSea as my massive market share with this and been crushing it like Coinbase is just going to open up the floodgates of just people being able to get into this thing. So I appreciate that, man. There’s you’ve dropped a lot of really good knowledge on us, and I always like to finish interviews with two fun questions. The first one is with all the information that you’ve been able to get over the years in crypto, blockchain, NFTs, community building, etc.
00:23:48:07 – 00:23:55:05
Alexander Taub: you go in part. All of that was into yourself when you first got started at that first startup. What’s one? The two pieces of advice that you would give yourself?
00:23:56:19 – 00:23:58:18
Alexander Taub: Don’t sell your bitcoin at 40 bucks.
00:24:00:21 – 00:24:02:06
Alexander Taub: No, it would be just.
00:24:06:00 – 00:24:08:08
Alexander Taub: I’ve always found like.
00:24:09:24 – 00:24:27:13
Alexander Taub: So those are solid solace, I mean, solace in like being directionally correct. So like I was in a bunch of different places early and maybe I did well and maybe I didn’t. Sometimes I did. Sometimes I didn’t. I didn’t fully actualize financially.
00:24:29:04 – 00:24:47:20
Alexander Taub: Some of the stuff early on and I was like, If you’re if you’re directionally correct, like I before I even joined Navy as working with these two Israeli founders. The company didn’t end up working out the next company started into being a billion dollar company. I didn’t join them. I joined a different company instead. I would have joined them. Well done. Really well.
00:24:49:24 – 00:25:22:02
Alexander Taub: But that’s OK. You can’t hit everything. I would have just instead of buying my options and Dwolla, which will probably be worth something one day if I would have just put that money in bitcoin, I’d have my own island at this point. Like those type of things where it’s like, it’s OK, it’s OK not to hit on everything. But if you’re directionally correct, you’ll eventually hit. And I feel like that’s happening right now with the Dow stuff like we’ve been directly correct enough, and now we are early enough with a working product, with a killer team in a massive market.
00:25:22:04 – 00:25:24:21
Alexander Taub: And that’s like. Feels like.
00:25:26:10 – 00:25:33:21
Alexander Taub: I don’t know. So just continue to directly focus and eventually you’ll hit it. That would be my advice.
00:25:34:27 – 00:25:48:09
Alexander Taub: I really like that answer. Everyone listening go back and rewind that. I know I’m going to list that a couple times. That is solid. I don’t think everyone, anyone that is on the show is answered in quite that way. So I really appreciate that answer.
00:25:48:11 – 00:26:13:24
Alexander Taub: So I have some friends who who have been directionally correct but have given up and and I feel for them because like if you’re directionally correct and you’re wrong and you miss it or you’re early or whatever, you don’t get it in place like it’s all. It’s obviously ideas are great, but it’s all about execution. If you’re directionally correct, but you didn’t pull the trigger on something you could wear, it could. It could really mess you up.
00:26:15:17 – 00:26:55:29
Alexander Taub: And I have enough friends who have been messed up by that and are out of the game now. They just can’t deal with it. Even though I know if they just kept at it, they would be successful, whether it’s successful of of building it. Listen, success and financial success, actual success, family success or all different things and depends on what people value. But like building a company that’s worth that is valuable is usually the success that a lot of founders think about, right? Whether they make a lot of money or not like something that’s used by people and will last beyond them, I think is is a barometer that a lot of people look at.
00:26:56:01 – 00:27:03:09
Alexander Taub: So I just that that’s why I think about that. A lot is just like, keep going. You’re not going to do everything. And that’s OK. Yeah.
00:27:04:11 – 00:27:15:24
Alexander Taub: Fishermen, though, really appreciate that that is an absolute gem like drop on that one. But man, as we kind of wrap up here, I always like to finish up with what is a final thought that you want to leave with all the listeners here today.
00:27:18:10 – 00:27:48:06
Alexander Taub: And said the final thought would be that, like for the first time ever, maybe not the first time ever, but for one of the first time ever, it really pays to be early, specifically with crypto and blockchain and nappies and diapers and everything. It just pays to be early. Like you see, people spend time on the eons discord and adding in their domain and they just got free money. You know you there’s literally it’s paying people. Last night here again.
00:27:50:18 – 00:27:51:03
Alexander Taub: Hear still.
00:27:52:28 – 00:27:53:16
Alexander Taub: No, gotcha.
00:27:54:05 – 00:27:56:27
Alexander Taub: All right. My AirPods finally died. All right.
00:27:59:09 – 00:28:01:05
Alexander Taub: But I would say that.
00:28:03:15 – 00:28:23:08
Alexander Taub: Let me just make sure my Bluetooth is on, so I would say that like it really, it pays to be early and to be active and engaged. And like if you’re curious and engaged. You could have financial reward for just being early, and that’s something that
00:28:24:23 – 00:29:00:15
Alexander Taub: hasn’t been the case before. Early to Facebook three. You were early to Facebook, didn’t get rewarded for that. If you were an early investor in Facebook, you were, but if you were an early user on Facebook, you weren’t. And now I think at the time, more like if you’re an early user, you also will be rewarded. Like, for example, I bought a lot of Z horses. Z is about to drop a token in Q1. One of the things that people think is that the older the horse, the longer that you’ve held the horse, the bigger the multiple of the token you’re going to get literally pays to be early.
00:29:00:17 – 00:29:32:22
Alexander Taub: So I think that’s a great thing to impart to people’s like. Think about Facebook and how early you were to Facebook. Maybe you joined in high school, maybe joining college, maybe you joined or maybe you were. You went to Harvard and you were friends with all the people that were on. Maybe you were one of the first 100 users right now. Imagine that equivalent for Web3 products, and you have a chance to now participate in the upside. That’s pretty awesome. It’s not as it has ever been happened before, so, you know, Ian’s dropped like half a billion dollars on people.
00:29:32:24 – 00:29:34:27
Alexander Taub: It’s creepy, it’s amazing.
00:29:35:00 – 00:30:06:24
Alexander Taub: It’s awesome, just like you said, like that’s that’s a really good comparison. Like, imagine being in an early user of MySpace, Facebook, whatever it is. And they say, like for being early user, we’re now just going to give you free money like you want to talk about like super fans. And that’s happening right now in crypto. Like you said, it’s paying to be early. So like, listen what Alex is saying, he’s putting you on game, he’s putting your game, especially as it relates to dollars. And I know that’s a great final thought, but I also want to make sure that everyone listening here today have ways to connect with both you and learn more about Upstream the drop.
00:30:06:26 – 00:30:12:25
Alexander Taub: You just deal with the NFTs and everything else you have going on. So what are some different ways that people can connect with you and learn more about what’s going on?
00:30:13:07 – 00:30:30:17
Richard Carthon: Yeah, I’m on Twitter. Pretty active on Twitter, on Twitter. And you know, I host a bunch of events on Upstream so you can join up stream. It’s free, your request to join communities. We do events. We still do a lot of free events, so definitely join them. I host a lot of them. And what is the best way to get in touch me?
00:30:31:12 – 00:30:36:21
Richard Carthon: Absolutely. And for all those who want to go find your Illuminati NFT when they search that,
00:30:37:00 – 00:31:11:08
Richard Carthon: yeah, it’s Illuminati and have taken, it’s on OpenSea. Just be careful when you click things on OpenSea. It is so many scams out there right now, so just be careful. But you can go from we have the Twitter handle at Truth. on Twitter. Um, it’s an honor and a while and a great handle. It has a great handle. And yeah, I was literally sitting on it for years. Not sure what to do with that, but you just click from there because that’s that’s the legitimate links as opposed to just trying to search on it for OpenSea or whatever.
00:31:12:03 – 00:31:43:27
Richard Carthon: For sure. Well, Alex, thank you so much for spending some time with us and talking all this incredible information. Everyone makes sure you go drop. Hit the links both in the show notes and everything in YouTube. You want to go check all this out. Alex, I feel very much informed and I know I’m going to be participated in this. And of course, for everyone listening. Stay cryptocurrency. Hey, cryptocurrency crew, we want to give a quick shout out to all of our faithful listeners out there. It’s been an amazing journey and we really appreciate your support throughout the years as we’ve been growing as a community. Each episode, we decided that we would start sharing some of the reviews that you were leaving for us for today.
00:31:43:29 – 00:32:14:17
Richard Carthon: We would like to share this review. Today’s review comes from BG 93 compelling content delivered in a digestible format. Demystifies the crypto world by engaging participants from all corners in intelligent conversation. Remarkably interesting. We sincerely appreciate this review and all reviews and would like to ask that if you’re enjoying our show, please take a quick moment to go and leave a review on our podcast so that hopefully we can be highlighting your review next. Simply go to our show notes or go to our website where we have a link, where you can share your review today. Hey, everyone.
00:32:14:19 – 00:32:51:18
Richard Carthon: I hope you enjoyed today’s episode. For more information on today’s episode and all of our episodes, please visit us at WW W Not Crypto Dash Current, Not SEO. You can also find a link in the show notes. Want to stay up to date on the latest news in cryptocurrency? Sign up for our newsletter today. You’ll receive daily emails Monday through Friday that are personalized and curated content specific to you and your interest. Powered by artificial intelligence, you can either go to our show notes or go to our website to sign up today. Are you an accredited investor looking to invest in cryptocurrency? Quezon City Capital can help go to Quezon City Capital dot com for more information.
00:32:52:10 – 00:33:11:24
Richard Carthon: I don’t know if you’ve noticed, but the quality of our podcast each week are improving. I can only thank my amazing producer Andrew Darida with the Ritter Productions, who has been putting all of this together. If you have any podcast music or audio needs, please go to Ritter Productions dot com. That’s D-R.I. TR Productions dot com.
00:33:17:16 – 00:33:24:10
Richard Carthon: Thanks for tuning into another episode of cryptocurrency with Richard Condon. We’ll be back with more exciting developments from the
00:33:24:12 – 00:33:30:12
Richard Carthon: world of blockchain and cryptocurrency next week. But until then, stay crypto current.
00:33:39:28 – 00:33:42:12
Richard Carthon: Three U.S. citizens now.
00:33:47:03 – 00:34:21:23
Richard Carthon: Thank you for joining us for another episode of cryptocurrency. Just one quick reminder cryptocurrency is a cryptocurrency and blockchain education platform that’s bridging the gap between the curious newcomers who are just discovering the space and the thought leaders who are shaping its future. All opinions expressed by Richard Carr on the cryptocurrency team and their guests on this show are exclusively their own opinions. You should not treat any opinion expressed by Richard. The team and their guests as a specific inducement to make a particular investment or to follow his financial advice. This show and any other crypto current production is exclusively for informational purposes.
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