We Do A Little Duo Pod #2

Author

Nouns News
February 20, 2024

We Do A Little Duo Pod #2​

February 21, 2024

Check the full episode on Youtube:

SUMMARY

The use of AI agents in various aspects of life, such as drafting in fantasy sports and playing games, is rapidly changing and will likely become more prevalent in the next one or two years, impacting various aspects of our lives.

  • 00:00 🎙 Andy and GM GM discuss their excitement for 2024, family time, investments in Bitcoin and Ethereum, frustrating cryptocurrency transactions, investments in Solana, arbitrum, and optimism, farming activities, and owning a polka dot chain.

    • Andy and GM GM are back with another Duo pod, discussing their excitement for 2024, including Andy's work with ikb, angel investing, trading, real life stuff, fantasy sports, and recording 14 episodes of the podcast in two weeks.

    • Family time is important, and the speaker is trying to spend more time with their family, while also discussing their involvement in Bitcoin and Ethereum adjacent investments.

    • The speaker had a frustrating experience with a cryptocurrency transaction, but believes that the difficulty in using it may actually be a sign of potential upside.

    • The speaker discusses their investment in different ecosystems, particularly in Solana, and their strategy for staking and receiving airdrops.

    • The speaker discusses their recent investment in arbitrum and optimism, their farming activities on different platforms, and their experiences with different cryptocurrencies.

    • The speaker owns a polka dot chain and is missing out on some percentage yield, but the main reason for owning it is unclear.

  • 14:09 🎙️ Speaker discusses potential for AI narrative in cryptocurrency market, Maker making changes to split and introducing subd Dows, difficulty in predicting cryptocurrency performance, strategy of holding onto items and trading NFTs, and involvement in beta test for project with 2500 emails sent out and $2500 in volume generated.

    • The speaker discusses the potential for AI narrative in the cryptocurrency market and expresses interest in investing in AI tokens.

    • Maker is making changes to its split and introducing subd Dows, with potential for governance tokens and annual revenue of $240 million from borrowing fees and real world assets.

    • The speaker discusses the performance of different tokens and stocks in the market, expressing interest in some and reluctance towards others.

    • It's difficult to predict which cryptocurrencies will perform well and when to rotate trades, especially with constantly changing narratives and market fluctuations.

    • The speaker discusses their strategy of holding onto items and trading NFTs, and mentions their involvement in a beta test for a project they have been working on for several months.

    • We sent out emails to 2500 people for closed beta sign-ups, with about 20 users playing daily for real money, generating $2500 in volume, and one winning player so far.

  • 25:13 🎮 Keep USDC in wallet, enter on Main net, send to multisig, get paid out when win; platform adding referral links, aggressive rakeback, and giveaways, challenges in bootstrapping without raising money, launching pickham tournaments, customizable player stat picks, focus on football and basketball in DFS with potential expansion to best ball and tradable NFTs for baseball teams.

    • Keep your USDC in your wallet, enter on Main net or base, make a pick, send the USDC to a multisig, and get automatically paid out when you win.

    • The platform will start giving referral links to players to earn points, with plans for aggressive rakeback and giveaways, and the hardest part of building it has been bootstrapping without raising money.

    • Challenges in starting from scratch, waiting for launch, and the intention to keep the team small and not raise money for the project.

    • They are launching pickham tournaments where you can enter pickems of any combination and size, with payouts based on multipliers and game theory.

    • New feature being added to the platform allows for more granular and customizable player stat picks, with different multipliers for different yardage ranges, providing more options for users.

    • The focus of the video is on the decision to support only football and basketball in DFS, with plans to expand to best ball and potentially introduce tradable NFTs for baseball teams, while also discussing the daily grind of NBA fantasy sports.

  • 34:02 🎙️ The speaker discusses their fantasy football drafting strategy, success with auto drafting in NFL, and lack of understanding of basketball in NBA DFS.

    • The speaker had a tough December, but November was crazy and they feel like they crush it every night.

    • Tracking the number of people who Max enter a given slate, noticing that 21 players who Max entered the contest have more profit than all other entrance, and having success with auto drafting in NFL.

    • The speaker discusses their strategy of not drafting mid-round quarterbacks and instead focusing on pairing a late-round quarterback with their wide receiver one for leverage in fantasy football drafts.

    • The speaker discusses their strategy for drafting players in fantasy football, preferring to make their picks early in the week to take advantage of undervalued players before their rankings increase.

    • The speaker discusses their experience with Underdog golf and their success in NBA fantasy drafts.

    • The speaker discusses their lack of understanding of basketball and preference for NFL DFS over NBA DFS due to the time commitment and potential for larger gains in NFL.

  • 43:26 🎙️ Speaker discusses potential benefits and drawbacks of replacing draft opponents with AI agents in Underdog, recent angel investments, and the importance of staying hydrated with a heavy-duty water bottle and getting a blood panel to monitor health.

    • The speaker discusses the idea of replacing draft opponents with AI agents in Underdog and the potential benefits and drawbacks of this approach.

    • AI technology is rapidly changing and could potentially be used in gaming, but there may be pushback from users and challenges in verifying the skill level of AI agents.

    • The speaker discusses their experiences with slow drafting and the potential impact of AI agents on various industries, as well as their recent angel investments.

    • The speaker discusses their recent investment decisions and the potential for higher returns in infrastructure projects compared to app development, as well as asking for recommendations on the best purchase under $250.

    • The speaker discusses the benefits of using a heavy-duty water bottle to stay hydrated and how having a straw in the bottle increases their water intake.

    • The speaker discusses their recent interest in grilling, turning 30, and the importance of getting a blood panel to monitor health.

  • 58:36 🎙 The speaker discusses their favorite grilled foods, dental hygiene routine, seeking unique insights, and their disinterest in business-oriented content and perspective on Elon Musk's biography.

    • The speaker discusses their favorite grilled foods and the different flavors of grilling versus baking, including their enjoyment of pork chops and salmon cooked on cedar planks.

    • The speaker discusses purchasing various items such as water bottles, rim protectors for a Tesla, art for the house, and an Oral B toothbrush.

    • The speaker discusses their dental hygiene routine, including using a two-minute timer for brushing and learning the correct way to floss.

    • The speaker has been spending time listening to old podcasts and seeking unique insights outside of the crypto space to bring back and gain more perspective.

    • Negotiating can be challenging, but it's important to be firm and not just agreeable, even if it's not exciting.

    • The speaker discusses their disinterest in business-oriented content and their perspective on Elon Musk's biography, highlighting the difference between engineering and social problems.

  • 01:07:52 🎙️ Success comes from utilizing unique skills and being patient, personal identity should not be solely based on job or accolades, authentic joy in life comes from friends, family, and personal interests, and considering getting a third cat.

    • Learning about successful people and their journeys can provide different perspectives, but ultimately success comes from utilizing your unique skills and being patient.

    • The speaker discusses the idea that it's okay to transform yourself and not be beholden to your self image, and that personal identity should not be solely based on job or accolades.

    • Authentic joy in life comes from friends, family, and personal interests, not from following a rigid career plan.

    • Consider getting another cat, as it's not much different from taking care of one and could provide companionship for the current cat.

    • The speaker and Ally are considering getting a third cat, possibly a maincoon, but are concerned about how it will affect the dynamic with their current cats.

    • We will talk more frequently about current events and the bull market, as people who were building during the bear market are now delivering their work.

  • 01:20:11 👥 Former teammates are building cool things with new companies, excited for future IRL content.

INSIGHTS

Financial Opportunities and Investments

  • 💰 The annualized revenue of Maker is mind-blowing, making $240 million a year, but the source of this revenue is not fully understood.

  • 📈 The strong performance of certain stocks, like aax, has caught the attention of investors, leading to missed opportunities and biases in decision-making.

  • 🎮 The potential for a three-way pick them to win the whole thing, adding an element of unpredictability and excitement to the contest.

  • 📅 Making fantasy football draft decisions earlier in the week can give an edge before players start to gain popularity and become harder to acquire.

  • 📈 The opportunity cost of not investing in Layer One or Layer Two infrastructure in the crypto space may be significant, making it a smart move for builders.

  • 💡 It's all about understanding your unique set of skills and making the most successful decisions possible with them.

  • 📈 The bull market picking up in 2024 will lead to more frequent and exciting discussions in the crypto space.

Impact of AI and Technology on Daily Life

  • 🎙️ Excited to be back in the lab and recording 14 episodes of the podcast in two weeks, it's going to be a busy but exciting time!

  • 🧠 The use of AI agents in drafting could potentially eliminate the issue of collusion and improve the timing of drafts in fantasy sports.

  • 🤖 The idea of AI agents playing games for you and just changing inputs is very exciting and could improve user experience.

  • 🤖 The AI agent trend is changing rapidly and will likely become more prevalent in the next one or two years, impacting various aspects of our lives.

  • 📚 Exploring different forms of content, such as podcasts and audiobooks, to gain new perspectives and knowledge.

  • 😌 Finding joy in life is not always about career success, but about having friends, family, and personal interests.