184: In da Club | Staxe | Luis Martinez and Martin Liebrich

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Hey there, I'm Pete Townsend,
and this is money, never sleeps.

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We look inside the minds of
entrepreneurs and at crossover

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of startups, Enterprise Finance,
technology and Life.

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As We Know It, This episode of
money.

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Never sleeps is sponsored by
Phillip Lee, one of our Islands

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fastest growing corporate law
firms and expert advisors at the

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heart of the Dublin and London
startup fintech and crypto key.

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Immunities on the show this
week.

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We've got I'm Luis Martinez and
I'm founder and CEO at steaks

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and I'm marking need a
co-founder and CTO steaks.

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Steaks is enabling music and
creative production, economies

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on web 3 by allowing you to
share in the success of creative

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Productions through investing in
artists and events or cause that

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you believe in steaks are the
seventh of the founding teams

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forming the launch will wed 3
techstars accelerator class of

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2020 to we've got on the show
over the next few months.

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It's it is episode.
I talked to Louis and Martin

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about Louis's pursuit of is
create a passion to brought him

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and Martin together what Stakes
is and how it works.

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How creative Productions are
like micro startups blockchain

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is a social coordination tool,
the big vision for steaks, all

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right, here on money, never
sleeps.

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So guys listen, I'm going to
start this with a little story

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that my kids are familiar.
Now, with Mario Palma, who's one

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of the NF?
Tees.

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Available on the stakes platform
right now and I was playing him.

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The other morning on a Saturday
over breakfast.

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Wonderful somewhat traditional
Spanish music in the background

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in the like, Dad.
What the hell is this?

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So I'm holding the story.
And I said, listen guys were

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making money by listening to
this Like okay yeah absolutely

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play at how much we going to
make and I left it there right?

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Because you know it was it was a
good way to get started but

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listen Lewis and Martin awesome
to have you both on the show.

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Thanks so much for joining.
Why don't we get started and

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dive right into it and Louise
just maybe cheer your back story

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and how you got to this point
and then we'll do the same with

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Martin.
Yeah.

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Sounds good Pete and thanks so
much for bringing us in.

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It's a pleasure to you and an
honor to be in money.

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Never sleeps been following the
rest of the cohorts and learning

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much from all All your guests
and and collaborators here.

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So a bit about my background.
I come from the finance world.

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I started off and my very early
years when I was some something

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like 1560.
My first incursion into Tech was

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actually through music.
I began having this dream of

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being able to play around with
music and synthesizers I had a

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strong interest in what, you
know, Hardware Tech could do to

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bending sounds things like
oscillators, and just playing

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With the new technology features
that allow this to just band

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sounds and play with them.
And that was my first

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interaction with tech back.
Then, I got into DJ's cool,

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actually, because of that, I
started learning how to use and

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manipulate the sounds, but
sometime around a long, the

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road, my family came in, my
family is a bit traditional, I'm

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from Mexico and the as you can
imagine you know the typical

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generation would is it before
Generation X?

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What is it?
The Baby Boomers, is it?

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Yeah.
Yeah.

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The Boomers, right?
Yeah.

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Where's yeah.
Yeah.

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Did the traditional Baby Boomers
way of looking at what your

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career should be?
Was, you know, you needed me to

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become study Finance, law or
medicine, right?

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That's both go study, hard,
work, hard, build a career and

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definitely being a DJ and bend
in sounds was not part of that,

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right?
So had to yeah, kind of readapt

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my, my dreams and my vision of,
what would be my career.

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I started studying Finance got
into very early life and my

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career into the trading rooms.
I asked As a Trader.

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You know, my one of one of my
Inspirations back then which is

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why it's such a pleasure to be
money.

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Never sleeps was like yeah you
know Wall Street the movie

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Gordon Gekko ads, what it would
be like to be in Bloom Wall

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Street back in the 90s, right?
Eight 80s, 90s was kind of the

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inspiration behind it.
So I got into the trading desks

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for a few years traded Equity
options, tits.

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Arbitrage used to do proper
Terry trading for a couple of

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Brokers and weíll learn A lot
from there.

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Yes, it was.
There was a moment along my

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career that I sorry having much
interest into getting into

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building, something of my own as
we always do and then it was

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sometime around 2017 when I
started venturing into the

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crypto space.
So start learning about

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programmable money was what
really caught my eye

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programmable money with
something so interesting.

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And I remember being in the
trading desk and looking at at

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the libertarian side of what you
could do with programmable money

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and at the same time, In at the
trading desk being limited we

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had we actually had more people
from the compliance desk, you

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know, over watching us then
Traders and so it was like okay

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libertarian is out there and
crypto here.

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We're yeah Behind these four
walls and I need to do something

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about it.
So that got me into the rabbit

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hole and started I remember back
then it was 2017.

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Started mining some.
'If back at 32 started the, you

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know, was my first, let's say
interaction with crypto, when

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each was 32, U.s. dollars too
bad.

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I had to spend on all of my eith
about mind, even paying the

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electricity until it was no
longer back.

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So yeah, then I realized the
next big, not profitable thing

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or the nest interesting thing to
do would be to actually build

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build, especially, open
tokenized structures.

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Tokenization was kind of my
biggest interest, and then

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connected that with my
long-standing passion for music

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and for the crew, the creative
industry, ask my First incursion

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into the space.
I mean, I've done some promotion

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in the past and at done some
gigs, small gigs kind of putting

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these together, but there was a
lightbulb moment.

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One day when I was one of my
friends is a booking manager and

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we have everything in place to
put a gig together.

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So they had a very good artist.
We had most of the community,

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that's and the fans that love
this heart is so he would bring

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it him in, he had the date,
ready?

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And then, we put it in some of
our w at chats, and whatever we

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use Facebook.
I think it was Facebook chats

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back then.
At and we just started testing

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the water.
And before we knew it, we had

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something like, I don't know,
200 people, which was the entire

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capacity of that we can find for
a venue back then, sold out like

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it.
People were throwing the money

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out us.
I'll buy this ticket right now.

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Went are the tickets coming out
and they were missing one piece.

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Putting the venue in and we
started looking for venues.

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And we can find the venue in the
venue wanted and up.

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Yeah, just enough from payments.
So they would give us a date and

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then you have this chicken and
egg problem.

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Right?
Okay.

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We have the tickets Soul
basically or Semi sold, we have

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very high chance of not, it was
going to be profitable, no

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matter what we did, we knew that
we had the artists ready, we

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have the venue ready, but the
venue would not give us the

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date, unless we gave him the
money for his, but we cannot

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sell tickets or print any
anything on the tickets, even if

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we didn't have the artist.
So you see where we're going

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here and that count, that was a
lightbulb moment.

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When we said, okay, we need to
find a way to coordinate

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Capital, so that this doesn't
these gigs happen.

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These gigs.
Don't just end up, you know, ya

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out there because we were
missing money up front.

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And it was just didn't make
sense to us, that it couldn't be

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coordinated.
So we started that with be live,

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was that the project behind it
and that has that has evolved

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since then, until now until what
we call steaks awesome, it's

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awesome though.
I love the, the rebellious

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nature of you being pushed into
a career in finance after

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dabbling in music and then
saying, you know I'm going back

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right?
And it's like he got it.

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Your passion.
You gotta just you gotta go for

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it and and it's awesome.
I love the way you told that

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story about, you know, not being
able to get the financing right.

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And it's not even not being able
to get the financing.

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It's that it's that upfront
payment, you can't get a date

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and you can't print tickets.
You can talking about the gig,

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right?
And the timing, right?

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Like money and timing or
something.

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Some two things that typically
don't come in hand, right?

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And that was where it y, you
know, liquidity sourcing and

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defy, wet 3 becomes irrelevant.
Lee cool.

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And Martin maybe bring us up to
speed with your back story and

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how you got to this point and
met Lewis as well?

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Yeah, yeah.
I'd love to see.

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Tli needs to have a techie story
basically.

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So I done my first, your kid a
logic, and when I was 10 years

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old was a c64 and started
dabbling around with it back,

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then heated client to understand
quite a bit to give it to you.

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The started programming it, that
was great.

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It's always wanted to do some
games.

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Never really got for make most
of your Paul's I got hung up all

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the, all the all the arcs
because I just cannot think so.

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But and I kept using computers
through through high school and

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college, then and then I pulled
about what should I studying

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their diversity.
I didn't go quarter for a

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computer science, right for the
bat.

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But then really thinking about
all the different possibility

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that bought.
This is the only thing I can

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really see myself still doing it
20 years time because it's so

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fast.
Evolving even back today.

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I spent a couple of years then
studying can't say I was a

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brilliant student but still I'll
be eventually.

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I got out of it, study dedicate
his organization Switzerland

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still today.
And that was basically right

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around 98.
We're lighting the pursed

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internet the web craze started
to happen.

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So I mean, I remember having had
my first email login to the

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early nineties, friends asking
me.

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Or what he, what do you need
this for?

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I mean about it.
So, I got out, I got a contract

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with with the bank.
Everything didn't money.

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It was it around of the back,
one and a half year.

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I was, I was only good money,
but I had the feeling like, I

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have no clue what the hell I'm
doing here.

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And how, how long can this, how
long can is good?

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Good run last.
So that would be looking for

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something else and as it happens
I like Mitchell made a friend of

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mine from Um, football.
And at the bar 3:00 in the

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morning, and he said, like,
yeah, and what the quote is, IT

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consulting company?
That could be interesting for

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you, why don't you check it out?
So I went to check it out.

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Listen to them, interviewed with
them.

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Hold it was great.
That was catered Knology

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partners and I thought, yeah,
this is the place where I can

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learn something.
I'll stay two to three years.

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It's a good 15 years later, we
sold the company.

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That's what happens.
Uh, so so that.

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Yeah, that always happens.
I stuck around for a bit longer.

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But I find out this was not
necessarily the place.

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I wanted to be so I told my in
my bosses I'll do on a

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sabbatical but I don't think I'm
coming back, I'll do that.

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It's a traveling of spending
months in Israel which which is

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has been very interesting.
And I spent like three months in

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New York in Miami which was
which is actually the great I

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started to look into Cryptid.
Honest, 2017.

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And everything was going crazy.
I have known crypto for quite

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some time even just I Didn't
really get into it, so I missed.

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They think they already to Bull
markets and I read about it.

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I, I found it very interesting
and I was pretty sure back then

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because it's go to stay.
This is not gonna go away

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anymore, and that's when I may
lose.

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I went to this conference and
encrypt O'Malley to, and they

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had this startup in or pitching.
And and I was listening in on

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them and there is a couple of
guys, I kinda interesting Stakes

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is one of them, but In the end.
Yeah, well, I got talking to, to

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Louis that lie.
In the idea in the beginning was

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00:11:56,400 --> 00:12:00,000
just say, oh, I might invest
some of the money I had left

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00:12:00,000 --> 00:12:02,900
over from, from selling out,
the, the other company.

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But then over time, we found
while we would complement each

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00:12:07,100 --> 00:12:10,200
other quite well.
So, so it became more than just

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00:12:10,200 --> 00:12:13,800
an investment cool.
And you know, before we get into

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00:12:13,800 --> 00:12:16,200
steaks and what that is, and
just thinking about that

231
00:12:16,600 --> 00:12:20,300
obviously, you know, Louis being
a commercially geared.

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00:12:20,800 --> 00:12:25,100
Eeo with good understanding of
crypto, a passion for music all

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00:12:25,100 --> 00:12:29,900
that clear, Martin great
technology, background curiosity

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00:12:29,900 --> 00:12:34,400
into crypto figuring things out
the yin and the Yang seemed

235
00:12:34,400 --> 00:12:36,800
pretty clear.
But is there anything else there

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00:12:36,800 --> 00:12:39,200
that just makes it work between
the two of you so far?

237
00:12:40,900 --> 00:12:44,300
Yeah, I think it's all about the
design room.

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00:12:44,300 --> 00:12:48,400
What we really works together
because this skill set can be

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00:12:48,400 --> 00:12:53,200
complementary, but if you cannot
find coordination of those ideas

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00:12:53,200 --> 00:12:57,100
at the very high level and with,
you know, in an efficient amount

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00:12:57,100 --> 00:13:00,800
of amount of time, it still
doesn't seem to capture the

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00:13:00,800 --> 00:13:03,700
skill set, or the potential of
the combined skill set.

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00:13:03,700 --> 00:13:07,500
So, one thing that we, that has
worked out really well from the

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beginning is, okay, let's bring
ideas as to What's we want to

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00:13:11,900 --> 00:13:16,000
tokenize the value, the utility
behind such tokenization?

246
00:13:16,500 --> 00:13:19,800
And then a, you know, these at
the design level have Martin

247
00:13:19,900 --> 00:13:22,600
bringing, why can and quite what
cannot be done.

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00:13:22,800 --> 00:13:25,400
And you know why?
I like, because Martin is a

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00:13:25,400 --> 00:13:27,400
realist, I'm much more of a
dreamer.

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00:13:27,700 --> 00:13:30,600
So, therefore, you know, you can
imagine how we Mash ideas in the

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00:13:30,600 --> 00:13:33,900
table, and how it actually comes
out as a much more.

252
00:13:34,400 --> 00:13:39,600
Yeah, I just landed realistic
and feasible set of features

253
00:13:39,600 --> 00:13:42,000
heading to organizations
Teachers at that, we come up

254
00:13:42,000 --> 00:13:44,600
with it's how we work.
I get it.

255
00:13:44,700 --> 00:13:48,000
Yeah, I think this this
difference fault of Personality

256
00:13:48,000 --> 00:13:52,300
that will think very helpful.
The way these deceptive usually

257
00:13:52,300 --> 00:13:57,500
work is losses coming with some
idea completely out of left

258
00:13:57,500 --> 00:14:00,200
field and I'm just rolling my
eyes and say, look I'm not no

259
00:14:00,200 --> 00:14:04,700
way this is we cannot do this
not ever and then and then we

260
00:14:04,700 --> 00:14:09,700
tongue we start approaching each
other and then and usually comes

261
00:14:09,700 --> 00:14:11,500
out with it completely.
No idea.

262
00:14:11,600 --> 00:14:15,500
But something that I have come
up with on my own and he would

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00:14:15,500 --> 00:14:19,400
have come up or on his hand.
Yeah, yeah, I've got people that

264
00:14:19,400 --> 00:14:22,700
I've had relationships with like
like that in the past and it can

265
00:14:22,700 --> 00:14:25,000
be magical, be truly magical
when you get that working.

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00:14:26,100 --> 00:14:29,400
Listen, let's shift gears and
move into steaks Louise, can you

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00:14:29,400 --> 00:14:34,000
tell us about steaks?
What it is and the source of

268
00:14:34,000 --> 00:14:37,000
your conviction, on why?
It's the perfect thing for the

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00:14:37,000 --> 00:14:39,700
two of you to be working on
right now and obviously with the

270
00:14:40,100 --> 00:14:42,600
the team that You're growing as
well, would sit, and chew.

271
00:14:42,600 --> 00:14:44,500
And shout out to sit and you as
well.

272
00:14:45,500 --> 00:14:49,200
Yes, thanks Pete.
So just in brief steaks what it

273
00:14:49,200 --> 00:14:54,100
is is a tokenization tool.
We bring it creatives and their

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00:14:54,100 --> 00:14:58,100
economies and enable them in
what three mostly music

275
00:14:58,100 --> 00:14:59,400
economies.
Yeah.

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00:14:59,500 --> 00:15:02,900
And what we do is we work with
music rights, we work with

277
00:15:02,900 --> 00:15:06,600
royalties and we also work with
live events from, you know,

278
00:15:07,000 --> 00:15:09,500
ticketing as as the main source
of income.

279
00:15:09,900 --> 00:15:14,700
So when the Is for tokenization
in our platform is finding those

280
00:15:15,000 --> 00:15:20,800
a creative acids that will
produce future income in, you

281
00:15:20,800 --> 00:15:22,800
know, a determined amount of
time, right?

282
00:15:22,900 --> 00:15:27,400
And that becomes a potential for
tokenizing something today,

283
00:15:27,800 --> 00:15:32,000
which at the present value will
signal an upside for whoever

284
00:15:32,000 --> 00:15:34,800
wants to purchase such a
fragmented value of what we

285
00:15:34,808 --> 00:15:36,900
token.
I so just to put it together.

286
00:15:36,900 --> 00:15:39,900
It's a Marketplace two-sided
market place where we Supply

287
00:15:40,100 --> 00:15:43,400
acids from the creative space
and then we have collectors and

288
00:15:43,400 --> 00:15:47,200
investors come and buy into
those acids because they wish to

289
00:15:47,200 --> 00:15:49,100
it.
Yeah, participate.

290
00:15:49,100 --> 00:15:52,400
Her or share the success of
their artists of their songs of

291
00:15:52,400 --> 00:15:55,700
their creatives, as well as
having some unique interactions

292
00:15:55,700 --> 00:15:57,500
along the way.
Very cool.

293
00:15:57,500 --> 00:15:59,000
I get it.
Like I said at the beginning,

294
00:15:59,000 --> 00:16:01,600
you know, I bought one of the
end of T's and you don't really

295
00:16:01,600 --> 00:16:06,000
think about this too much as a
music fan, that okay, live

296
00:16:06,000 --> 00:16:08,700
music, which is where it all
started, you know, back in the

297
00:16:08,700 --> 00:16:10,700
day it was just someone got up
and performed.

298
00:16:11,300 --> 00:16:14,000
Wherever they were.
But you know, in the in the

299
00:16:14,000 --> 00:16:17,100
current day and age, sound like
a boomer, but I'm not MJ next.

300
00:16:17,200 --> 00:16:18,900
We've got a problem to solve
their.

301
00:16:18,900 --> 00:16:21,900
You have a venue where people
need to go.

302
00:16:22,000 --> 00:16:23,900
There's security around that
venue.

303
00:16:23,900 --> 00:16:26,800
There is they're all different
types of processes that need to

304
00:16:26,800 --> 00:16:29,600
be set up at that venue.
You've got the tickets at need

305
00:16:29,600 --> 00:16:32,600
to be sold and that you want to
turn a profit off of it.

306
00:16:32,600 --> 00:16:35,300
This isn't just someone getting
up and Performing if they could

307
00:16:35,300 --> 00:16:36,900
just do that.
And everybody was independently

308
00:16:36,900 --> 00:16:39,300
wealthy than well, we wouldn't
have a need for this, right?

309
00:16:39,300 --> 00:16:42,200
But you do need to finance.
A production and that's, you

310
00:16:42,200 --> 00:16:45,700
know, being a live event and
there's an upfront cost to that

311
00:16:45,700 --> 00:16:48,900
and then you sell tickets and
hopefully the ticket sales and

312
00:16:48,900 --> 00:16:50,300
the revenue, you generate off of
that.

313
00:16:50,300 --> 00:16:51,600
Is more than the cost of the
production.

314
00:16:51,600 --> 00:16:55,300
And at sharing these prophets,
amongst token holders is the big

315
00:16:55,300 --> 00:16:57,100
thing.
Second thing with the with the

316
00:16:57,100 --> 00:17:01,400
music productions themselves.
And what I bought Mario Palm has

317
00:17:02,200 --> 00:17:05,800
production of one of his singles
that yeah, it does cost money to

318
00:17:05,800 --> 00:17:08,599
produce music, you have Studio
cost, you have distribution

319
00:17:08,599 --> 00:17:12,099
costs, all that type of stuff.
So but Want to actually sell

320
00:17:12,099 --> 00:17:15,500
that right now artist for the
most part.

321
00:17:15,599 --> 00:17:18,000
What is it?
Something like there's 14

322
00:17:18,000 --> 00:17:23,400
million artists on Spotify and
you know, something tiny, tiny,

323
00:17:23,400 --> 00:17:25,500
tiny proportion of those
actually make fifty thousand

324
00:17:25,500 --> 00:17:29,000
dollars or more.
So there is passing back that

325
00:17:29,000 --> 00:17:31,800
Revenue to the artist, just for
the music that they produce and

326
00:17:31,800 --> 00:17:33,900
they record they make available
to the world.

327
00:17:33,900 --> 00:17:35,900
That is something that that
needs to be done.

328
00:17:35,900 --> 00:17:38,300
And it sounds like that is one
of the things that that you guys

329
00:17:38,300 --> 00:17:42,200
are attacking at precise.
A thymine to DNA of the project

330
00:17:42,200 --> 00:17:46,100
is to to get the power or to
empower better set the be

331
00:17:46,100 --> 00:17:49,300
creatives, whether it's a
promoter behind the gig, whether

332
00:17:49,300 --> 00:17:52,000
it's the artists that's
actually, you know, a spending

333
00:17:52,000 --> 00:17:55,400
the studio time to create his
art and you said it, these guys

334
00:17:55,400 --> 00:17:58,800
are almost like tiny startups
each one of their Productions

335
00:17:58,800 --> 00:18:02,000
because you need a need
financing to for that studio

336
00:18:02,000 --> 00:18:05,400
time for their bass player.
For example to you know, they

337
00:18:05,400 --> 00:18:09,100
need to invest in that in the
video which is going to help

338
00:18:09,100 --> 00:18:10,900
them get the word out for what
teaches creative.

339
00:18:11,100 --> 00:18:15,500
Today and then market and yeah
it's almost sounds like a micro

340
00:18:15,500 --> 00:18:18,800
starts up set up and they need
financing in order to produce

341
00:18:18,800 --> 00:18:22,100
more and more often.
Absolutely.

342
00:18:22,300 --> 00:18:26,000
Martin from you, I mean, from
the technology perspective in

343
00:18:26,000 --> 00:18:30,000
getting this MVP built and out
to the world what have been?

344
00:18:30,000 --> 00:18:34,700
Some of the key themes that you
focused on when it comes to

345
00:18:34,800 --> 00:18:36,400
okay.
Timing is everything.

346
00:18:36,400 --> 00:18:38,600
We've got to get this out, we've
got to get it up and running

347
00:18:38,700 --> 00:18:40,000
from an architectural
standpoint.

348
00:18:40,000 --> 00:18:43,800
What's been your Focus.
Yeah, so so we we started

349
00:18:43,800 --> 00:18:47,600
looking into this, and Louise
had a kind of prototype when we

350
00:18:47,600 --> 00:18:51,800
saw that the in when we when we
got together and I said, we have

351
00:18:51,800 --> 00:18:55,700
we need to move fast and I was
fully confident like kids do to

352
00:18:55,700 --> 00:18:59,200
me Deepak a smart contract at
this point in time.

353
00:18:59,200 --> 00:19:03,400
They were not only complicated
in a good friend of mine, but if

354
00:19:03,400 --> 00:19:08,400
the former company as well, Tom
and and together, we kind of had

355
00:19:08,400 --> 00:19:10,900
that fact decide together what
we need.

356
00:19:11,000 --> 00:19:14,500
Front-end work, which been would
be much harder, and it's all

357
00:19:14,500 --> 00:19:18,300
about making it easy for people
to get into this face.

358
00:19:18,400 --> 00:19:23,600
So, so we contracted, we
contacted the company to do this

359
00:19:23,600 --> 00:19:27,300
and and, and actually, by pure
coincidence.

360
00:19:27,300 --> 00:19:30,100
I mean, again, it's looking
specifically in Brazil because I

361
00:19:30,108 --> 00:19:33,800
had good experiences and I knew
the prices vary cake, but the

362
00:19:33,800 --> 00:19:38,900
gods we need contracted Lyme
disease to to have a first MVP

363
00:19:38,900 --> 00:19:44,600
and out we found out When the
time was that all they have mr.

364
00:19:44,600 --> 00:19:47,300
Certain, they convinced this to
to use a certain technology

365
00:19:47,300 --> 00:19:51,300
stack that and did find about
wasn't well compatible with the

366
00:19:51,300 --> 00:19:54,500
blockchain and Ernie so we got
to throw it away and start.

367
00:19:54,500 --> 00:19:58,800
Again we went back and forth
here when we started out with a

368
00:19:59,000 --> 00:20:02,800
let's say traditional web
application with its own back

369
00:20:02,800 --> 00:20:07,300
end to things or watching saline
to the smart contracts and the

370
00:20:07,300 --> 00:20:10,400
kind of worship we have a
mistake basically either in the

371
00:20:10,400 --> 00:20:15,000
app and So or in the smart
contract but the big the big

372
00:20:15,000 --> 00:20:19,500
hurdle I think is still Divya
getting the people to use the to

373
00:20:19,500 --> 00:20:23,700
use rdap and to make it easy
because our we're not the D5

374
00:20:23,700 --> 00:20:26,900
protocol where the way have the
indigenous and then they are all

375
00:20:26,900 --> 00:20:30,700
fine with this.
We have Musical music lovers

376
00:20:30,700 --> 00:20:35,300
basically and they might have no
clue about crypto and walnuts

377
00:20:35,300 --> 00:20:37,600
and all of these things and how
do you need entities?

378
00:20:37,600 --> 00:20:42,600
This is a front end and you are
ux Design problem, much less

379
00:20:42,600 --> 00:20:46,200
than Parts technical.
Absolutely, absolutely.

380
00:20:46,200 --> 00:20:49,300
Yeah.
And the whole process of in this

381
00:20:49,300 --> 00:20:53,300
word is being used so much
lately, but abstracting the user

382
00:20:53,300 --> 00:20:58,600
away from the web, three current
thing, right?

383
00:20:58,600 --> 00:21:01,400
And that everybody does focus on
the current thing as opposed to

384
00:21:01,400 --> 00:21:04,500
where it could go as listen to
the bank list podcast with Chris

385
00:21:04,500 --> 00:21:08,500
Dixon as well as Marc Andreessen
from a 16.

386
00:21:08,500 --> 00:21:11,100
See the two of them were on the
phone with the bank was guys And

387
00:21:11,100 --> 00:21:14,700
they were talking about the
first laptop in 1983 and how it

388
00:21:14,700 --> 00:21:18,200
was kind of a joke, right?
And talk about, you know, money

389
00:21:18,200 --> 00:21:21,700
never sleeps and Wall Street,
Louis and seeing some that the

390
00:21:21,700 --> 00:21:24,800
old mobile phones that were
depicted in that movie.

391
00:21:24,800 --> 00:21:27,400
And, and the computers that
people were using at the time.

392
00:21:27,800 --> 00:21:31,300
And looking at what we have now
that first laptop in 1983, I

393
00:21:31,308 --> 00:21:33,000
guess it was something like 43
pounds.

394
00:21:33,100 --> 00:21:36,300
It was a suitcase that you had
to Lug with you, like onto the

395
00:21:36,308 --> 00:21:38,800
airplane, for example, and it
had a 4-inch screen.

396
00:21:39,300 --> 00:21:42,100
So where are we?
We are right now in terms of the

397
00:21:42,100 --> 00:21:46,300
user experience of how you buy
non fungible tokens that are

398
00:21:46,300 --> 00:21:49,600
linked to, you know, revenue
streams from an artist that are

399
00:21:49,600 --> 00:21:52,900
linked that are a digital
collectible that are perhaps,

400
00:21:52,900 --> 00:21:56,100
you know, something that you
could also use to as an access

401
00:21:56,100 --> 00:22:00,200
to an event, all of these types
of things experience to get that

402
00:22:00,300 --> 00:22:03,000
we do.
There's some waited to go to

403
00:22:03,000 --> 00:22:06,500
abstract the user away from some
of these finer details of the

404
00:22:06,500 --> 00:22:10,600
crypto space, but look at that
1983, laptop, and where we are

405
00:22:10,600 --> 00:22:12,300
now.
Now, right, even look to where

406
00:22:12,300 --> 00:22:14,300
we got to in 10 years with
laptops.

407
00:22:14,300 --> 00:22:18,600
So you know, when you think
about kind of the long-term

408
00:22:18,600 --> 00:22:22,500
Vision here when music
productions and creative

409
00:22:22,500 --> 00:22:27,000
Productions, overall are
financed in this way and that

410
00:22:27,000 --> 00:22:31,200
people can share in that and
share in that freely, how big

411
00:22:31,200 --> 00:22:33,100
can this get?
What's that going to look like?

412
00:22:34,200 --> 00:22:35,500
I mean, I think you said it
Peter.

413
00:22:35,500 --> 00:22:39,200
This let's let's talk about the
size of the industry, and we can

414
00:22:39,400 --> 00:22:43,000
just take one, let's say, music
festivals and examples.

415
00:22:43,000 --> 00:22:44,800
We're starting to work with
music festivals.

416
00:22:45,100 --> 00:22:48,200
We starting to create their nft
collections for them, and we on

417
00:22:48,200 --> 00:22:53,000
tap the potential Mass Market
that is behind the knees.

418
00:22:53,000 --> 00:22:54,200
I mean, just think about it
Festival.

419
00:22:54,200 --> 00:22:58,100
Now you have five to ten
thousand people are in some

420
00:22:58,100 --> 00:22:59,700
cases.
Two hundred thousand for the big

421
00:22:59,700 --> 00:23:03,600
festivals.
Audiences of that size already

422
00:23:03,600 --> 00:23:08,200
grouped and kind of put together
for the same reason or identity,

423
00:23:08,200 --> 00:23:11,900
which is in our, a specific
artist or a music Jenner and

424
00:23:11,900 --> 00:23:15,900
whatnot.
And then what music has as Power

425
00:23:15,900 --> 00:23:19,700
and Light music specifically, is
to group these people these

426
00:23:19,700 --> 00:23:23,500
audiences into it'll be
like-minded happening such as

427
00:23:24,300 --> 00:23:26,700
showing up to the concerts, and
you feel the energy there.

428
00:23:26,700 --> 00:23:30,800
And we can talk about, you know,
how all the experience economy.

429
00:23:31,000 --> 00:23:33,700
Side.
But what we see as a big picture

430
00:23:33,700 --> 00:23:38,400
is if these audiences could be
brought over to F3 and we're

431
00:23:38,400 --> 00:23:41,000
seeing that they want to be
taken over to web 3.

432
00:23:41,500 --> 00:23:47,300
Then you have a critical mass to
to address or to enable and

433
00:23:47,300 --> 00:23:50,500
there's so many things to do a
behind that and you said it

434
00:23:50,500 --> 00:23:54,900
access bring them closer to
their, to their artists.

435
00:23:55,000 --> 00:23:58,500
I having, you know, even the the
the OG behind actually

436
00:23:58,500 --> 00:24:00,800
supporting an artist that nobody
knew.

437
00:24:01,000 --> 00:24:03,400
About yet and we see some of
these collectors.

438
00:24:03,700 --> 00:24:05,800
See, buying into music
royalties.

439
00:24:05,800 --> 00:24:09,400
He went three as a, you know,
Legacy investment where maybe

440
00:24:09,400 --> 00:24:13,200
today is not worth that much.
But you know, think about you

441
00:24:13,200 --> 00:24:18,800
investing into maybe beat Paul
McCartney and 70 years ago, when

442
00:24:18,800 --> 00:24:21,100
exactly, nope.
I'm less than 70.

443
00:24:21,700 --> 00:24:26,200
You are all when he was, you
know, he was a young kid and

444
00:24:26,200 --> 00:24:29,100
before the Beatles and in for
some reason you you tapped into

445
00:24:29,100 --> 00:24:30,800
into this nft, he was putting
out.

446
00:24:30,900 --> 00:24:34,100
R think of, you know, it's a
legacy that could be transformed

447
00:24:34,100 --> 00:24:35,600
and the people that are
investing into his have this

448
00:24:35,600 --> 00:24:38,200
mindset.
So we you know, there's many

449
00:24:38,200 --> 00:24:40,000
edges as to how we could put it
together.

450
00:24:40,000 --> 00:24:44,900
But to answer your question is
All about, we see blockchain as

451
00:24:44,900 --> 00:24:49,400
a social coordination tool and
coordinating the activities of

452
00:24:49,400 --> 00:24:52,700
these big masses that we spoke
about with nft.

453
00:24:52,700 --> 00:24:56,400
He's with tokens with the
incentives that these bring has

454
00:24:56,400 --> 00:24:58,200
a very powerful case for the
industry.

455
00:24:58,200 --> 00:25:02,500
And that's what we see.
And there's even more to, it's

456
00:25:02,800 --> 00:25:06,100
where we, you know, we've been
bringing over music rights over

457
00:25:06,100 --> 00:25:09,300
to what 3, we've been talking
to, you know, existing protocols

458
00:25:09,300 --> 00:25:13,500
in this space and then even more
interesting. just rock up where

459
00:25:14,600 --> 00:25:18,900
we are realizing that royalties.
And these music rights are

460
00:25:18,908 --> 00:25:22,800
potentially unsold tickets.
Can be collateral in wet 3

461
00:25:23,200 --> 00:25:25,800
because the a get in there.
They're productive assets,

462
00:25:25,800 --> 00:25:28,100
right?
Which we should bring a real

463
00:25:28,100 --> 00:25:31,000
live cash flow in the future.
So what does that mean?

464
00:25:31,000 --> 00:25:34,500
For from the defy perspective is
a these can be collateralized

465
00:25:34,500 --> 00:25:38,200
and then open a whole new range
of offers and features to this

466
00:25:38,200 --> 00:25:41,700
create is that they had no idea
they had access to and what you.

467
00:25:42,000 --> 00:25:44,200
And this includes Landing
capabilities.

468
00:25:44,400 --> 00:25:48,400
He's even staking or having some
kind of savings or passive

469
00:25:48,400 --> 00:25:51,900
income on their own art.
And yeah, have using their own

470
00:25:51,900 --> 00:25:55,200
art as collateral for creating
more and for financing future

471
00:25:55,200 --> 00:25:58,500
Productions, amongst many other.
But we can even get into the

472
00:25:58,500 --> 00:26:00,800
institutional side of this, you
know, private Equity firms.

473
00:26:00,800 --> 00:26:03,900
We know there's huge pride of
private Equity firms in the

474
00:26:03,900 --> 00:26:06,300
sacred.
A seven-figure range where they

475
00:26:06,300 --> 00:26:10,800
exclusively engage in investing
in music catalogs, as they are

476
00:26:10,800 --> 00:26:13,800
investment pieces and it, you
know, would be great.

477
00:26:13,800 --> 00:26:16,600
Amazing.
See how we could open the

478
00:26:16,600 --> 00:26:20,900
exposure of such portfolios in a
tokenized manner so that they

479
00:26:20,900 --> 00:26:26,000
can you know, director are
better Define the risk and the

480
00:26:26,000 --> 00:26:29,900
reward that they're looking for
in such a space and I think

481
00:26:29,900 --> 00:26:31,700
that's what's coming next,
that's what we are.

482
00:26:31,700 --> 00:26:35,600
Yeah, that's our big vision for
the project into pulling in as

483
00:26:35,600 --> 00:26:38,200
many and consistent
participants, including labels

484
00:26:38,400 --> 00:26:40,900
promoters in the space where
we're talking two tickets at the

485
00:26:40,900 --> 00:26:43,200
ticket in companies and then
they you know the value

486
00:26:43,200 --> 00:26:45,900
interaction amongst He's which
right now is staggered.

487
00:26:46,400 --> 00:26:49,800
Non-standardized and wet 3 will
probably make the change.

488
00:26:50,700 --> 00:26:52,300
I'm with you.
It's fascinating.

489
00:26:52,400 --> 00:26:54,900
There's so many opportunities
here that it's the

490
00:26:54,900 --> 00:26:57,300
financialization of everything.
It's at once you can link a

491
00:26:57,300 --> 00:27:00,400
token to an actual real world
thing.

492
00:27:00,800 --> 00:27:04,000
And have that provenance to say
that, yes, this is legitimately

493
00:27:04,000 --> 00:27:06,900
connected that it can be in your
wallet.

494
00:27:06,900 --> 00:27:11,000
You could hold obviously crypto
alongside what will become

495
00:27:11,000 --> 00:27:14,300
eventually Central Bank, digital
currencies or CBD sees stable,

496
00:27:14,500 --> 00:27:18,300
Today your tickets to an event,
your digital Collectibles, your

497
00:27:18,300 --> 00:27:21,000
favorite sports that are there,
whether that be, you know, flat

498
00:27:21,000 --> 00:27:25,500
images, or those be videos.
It could be a replay of.

499
00:27:25,500 --> 00:27:29,800
Hey, I got this n of T of this
artist and that gave me special

500
00:27:29,800 --> 00:27:34,600
access or a special rights to
get the, the raw video from the

501
00:27:34,600 --> 00:27:36,600
event.
And I've got that built into my

502
00:27:36,600 --> 00:27:40,800
nft right of that of that,
actual event that I went to and

503
00:27:40,800 --> 00:27:43,200
and obviously played a part in
financing, the production of it,

504
00:27:43,200 --> 00:27:45,000
by buying the sin of T and
Advant.

505
00:27:48,400 --> 00:27:50,900
Hey everyone, this is Pete.
Let me tell you about the folks

506
00:27:50,900 --> 00:27:53,100
at Phillip.
Lee few years ago is that my

507
00:27:53,100 --> 00:27:56,300
first Venture Capital industry
dinner in Dublin and honestly I

508
00:27:56,300 --> 00:27:59,000
felt a bit lost.
I bumped into and Rita's Ali.

509
00:27:59,100 --> 00:28:00,600
One of the partners at Phillip
Lee.

510
00:28:01,000 --> 00:28:03,700
He bought me a pint and
introduced me to the team and

511
00:28:03,700 --> 00:28:06,300
they took me under their wing
that take you under their wing

512
00:28:06,300 --> 00:28:08,900
approach has been what I've
heard consistently from fintech.

513
00:28:08,900 --> 00:28:11,900
And crypto startups who I know
have worked with Phillip, Lee

514
00:28:11,900 --> 00:28:14,200
and Dublin and London to help
them wrap the right.

515
00:28:14,300 --> 00:28:16,800
Legal framework around their
business fundraising and

516
00:28:16,800 --> 00:28:19,500
Regulatory needs and I can't
recommend them enough.

517
00:28:19,900 --> 00:28:22,700
Get in touch with a team at
Phillip Lee dot IE or on money,

518
00:28:22,700 --> 00:28:24,200
never sleeps.
That IE /.

519
00:28:24,200 --> 00:28:32,000
Phillip Lee to learn more.
Martin, from a technology

520
00:28:32,000 --> 00:28:35,300
perspective, the art of the
possible needs to grow alongside

521
00:28:35,300 --> 00:28:38,900
the technology that's available
to us that we can build on right

522
00:28:38,900 --> 00:28:40,400
now.
At the same time, keeping in

523
00:28:40,400 --> 00:28:43,800
mind your product development
roadmap and saying well if we're

524
00:28:43,800 --> 00:28:46,400
planning a year out for planning
three months out, or six months

525
00:28:46,400 --> 00:28:48,200
out, this technology is moving
so fast.

526
00:28:48,400 --> 00:28:51,100
You're going to have these new
tools at your fingertips that

527
00:28:51,100 --> 00:28:52,700
are evolving every three to six
months.

528
00:28:52,700 --> 00:28:54,200
How do you keep Pace with all of
this?

529
00:28:54,200 --> 00:28:56,700
So that, you know, Lois is left
field.

530
00:28:56,800 --> 00:28:59,800
Ideas that are actually left
field, isn't that far away?

531
00:28:59,800 --> 00:29:02,700
It's never that far away that
you can that you can bring it

532
00:29:02,700 --> 00:29:04,000
all together from a tech
perspective.

533
00:29:04,000 --> 00:29:06,300
How do you do that?
The new person question?

534
00:29:06,300 --> 00:29:11,500
I mean, it's this, this is quite
hard and I mean, like it also a

535
00:29:11,500 --> 00:29:16,700
lot of reading listening looking
at, I mean, anything, that kind

536
00:29:16,700 --> 00:29:20,000
of gets thrown thrown at you,
you need to have a like, or what

537
00:29:20,000 --> 00:29:24,200
they're doing and then and then
there's a, something new is

538
00:29:24,200 --> 00:29:27,300
coming up and you need to dive
in and you need to think But how

539
00:29:27,300 --> 00:29:30,300
could I, could I use this my
friend Tom here as well.

540
00:29:30,700 --> 00:29:32,700
Who's really the in delete
engineer?

541
00:29:32,700 --> 00:29:35,900
And he sent me a picture on
something like the say.

542
00:29:36,200 --> 00:29:38,800
This is probably weird, but I'm
drinking whiskey.

543
00:29:38,800 --> 00:29:40,800
And I watching love something
and solidity.

544
00:29:41,100 --> 00:29:44,900
So yeah, it's kind of bouncing
clearly one could possibly look

545
00:29:44,900 --> 00:29:48,300
into these things and really
reminds me of the first internet

546
00:29:48,300 --> 00:29:52,000
what where they were new things
coming and you never could never

547
00:29:52,000 --> 00:29:55,800
keep out but for the good
things, the good thing is now

548
00:29:55,800 --> 00:29:59,300
that the People want to the top
much faster there.

549
00:29:59,300 --> 00:30:02,300
The left-field ideas, and
absolutely, absolutely no and

550
00:30:02,300 --> 00:30:06,000
and thanks for reminding me that
coding can be a spectator sport.

551
00:30:06,000 --> 00:30:09,100
But generally only when it's
done in accompaniment with fine

552
00:30:09,100 --> 00:30:12,300
whiskey or any whiskey will do,
right, bring it back to the

553
00:30:12,300 --> 00:30:14,700
Here.
And Now guys, Louise first with

554
00:30:14,700 --> 00:30:15,600
you.
What do you think the biggest

555
00:30:15,600 --> 00:30:18,100
challenge is for the rest of
this year with steaks?

556
00:30:19,600 --> 00:30:24,500
So I think yeah we're it's a
good timing to throw out this

557
00:30:24,500 --> 00:30:27,400
question because we're right in
the middle of the year, right?

558
00:30:27,500 --> 00:30:31,600
And that gives us a visibility
to what's happening in the past

559
00:30:31,600 --> 00:30:33,000
and where we want to go in the
future.

560
00:30:33,100 --> 00:30:36,600
So first the past and, and to
build kind of the context as to

561
00:30:36,600 --> 00:30:40,900
what we think the challenges are
our bet is that what will what

562
00:30:40,900 --> 00:30:43,700
happened to the art space in
2021?

563
00:30:43,700 --> 00:30:46,400
And, you know, whole adoption by
creatives.

564
00:30:46,400 --> 00:30:50,400
And yeah, just I think across
the board in any Industry in the

565
00:30:50,400 --> 00:30:53,700
arts space will be transferred
to the music.

566
00:30:53,700 --> 00:30:57,200
So we now see music as an
undervalued asset just because

567
00:30:57,200 --> 00:31:00,400
what threes here and just the
way that you could look right

568
00:31:00,400 --> 00:31:05,600
now at Art and it's Finn I think
widely yeah verified or

569
00:31:05,600 --> 00:31:10,300
validated that art and its
scarcity and that liquid

570
00:31:10,300 --> 00:31:13,900
liquidity around what?
Three just reprises the assets

571
00:31:13,900 --> 00:31:17,000
at a higher value.
It does why has it not happened

572
00:31:17,000 --> 00:31:20,800
to to to music is a question?
Hey, because we consume even

573
00:31:20,800 --> 00:31:24,700
more of it, I think, and it's
it's just out there and the

574
00:31:24,708 --> 00:31:28,400
question D and our answer and to
that is, well, it's still

575
00:31:28,400 --> 00:31:32,700
controlled by the by the bakery,
less of the industry, and it's

576
00:31:32,700 --> 00:31:34,300
it in.
What's best is the limit

577
00:31:34,300 --> 00:31:39,000
libertarian ideas of what three
are pushing people to Once, in,

578
00:31:39,100 --> 00:31:42,100
to once it change, especially
the creates, as we see, this

579
00:31:42,100 --> 00:31:46,400
creative lead movement, where
people are having realizations

580
00:31:46,400 --> 00:31:51,300
libertarian realizations of what
my You can be, you know, the

581
00:31:51,300 --> 00:31:54,800
freedom that I can have with my
money as an artist we're 3 and

582
00:31:54,800 --> 00:31:57,200
this this is this is the
inflection point, the way we see

583
00:31:57,200 --> 00:31:58,700
it.
So the challenge isn't right now

584
00:31:58,700 --> 00:32:02,400
to answer your question is
making as many creatives and

585
00:32:02,400 --> 00:32:05,400
fans are aware of this
opportunity and it's mostly an

586
00:32:05,400 --> 00:32:08,200
educational challenge.
That means, evangelizing them

587
00:32:08,400 --> 00:32:11,100
and making them understand that
you cannot just listen to music

588
00:32:11,100 --> 00:32:13,600
the way they.
Yes, Spotify has told us or

589
00:32:13,600 --> 00:32:17,100
YouTube has sold as we should,
but you can own your music, you

590
00:32:17,100 --> 00:32:20,200
can earn, you know, share the
success of your Artists, you can

591
00:32:20,200 --> 00:32:23,200
walk with them along the way,
share the air experience.

592
00:32:23,200 --> 00:32:25,400
They're at their exclusiveness
or artists.

593
00:32:25,400 --> 00:32:30,000
You know, that sexiness and fun
side of of Music, doesn't have

594
00:32:30,000 --> 00:32:34,400
to be labeled as an investment
right back which is, I don't

595
00:32:34,400 --> 00:32:37,700
know, sometimes in the crypto
World sounds like a boring word

596
00:32:37,700 --> 00:32:42,000
or something like means to to
white color and as and if T's,

597
00:32:42,000 --> 00:32:44,300
which is what they've they've
mostly adopted.

598
00:32:44,300 --> 00:32:48,600
Now become as the bridge between
these two worlds has such as a I

599
00:32:48,600 --> 00:32:51,200
can own.
And generate income of what my

600
00:32:51,200 --> 00:32:55,600
passions, and I can do that
before and we're in that point.

601
00:32:55,600 --> 00:32:58,100
So getting this message out to
the people is our greatest

602
00:32:58,100 --> 00:33:00,400
challenge.
They are, like I said, there's

603
00:33:00,700 --> 00:33:03,100
many, many masses Behind These
audiences.

604
00:33:03,300 --> 00:33:06,700
Therefore, the opportunity is
huge, but the real challenge is

605
00:33:06,700 --> 00:33:10,600
being very strategic as to how
you bring them over and on board

606
00:33:10,600 --> 00:33:13,900
and its web three.
And that's what I think is

607
00:33:13,900 --> 00:33:15,400
coming up.
And we are.

608
00:33:15,400 --> 00:33:18,300
Yeah, preparing for that.
I love it, I love it.

609
00:33:18,300 --> 00:33:20,800
No, it's great and the That's
it, you build something amazing

610
00:33:20,800 --> 00:33:23,200
and then you need to get into
people's hands and need to do

611
00:33:23,200 --> 00:33:25,900
that as quick as you can.
So I hear that I hear that

612
00:33:25,900 --> 00:33:29,400
Martin from you at the biggest
challenge looking forward for

613
00:33:29,400 --> 00:33:31,600
the rest of this year from
what's in your lap, right?

614
00:33:31,600 --> 00:33:34,400
So the first thing goes goes
hand-in-hand with what what

615
00:33:34,400 --> 00:33:39,400
Louis said so we are looking
into into really are hold you on

616
00:33:39,400 --> 00:33:44,000
ux, make it even more
attractive, make it we're

617
00:33:44,000 --> 00:33:46,500
working with artists.
It needs to look pretty good.

618
00:33:46,500 --> 00:33:49,100
It's in specifically and then
yes.

619
00:33:49,100 --> 00:33:52,300
Hi.
Do we, how do we extract the

620
00:33:52,600 --> 00:33:56,000
underlying technology away?
So this is this is ongoing

621
00:33:56,000 --> 00:34:00,100
already talking with some, you
are you expect agency as well?

622
00:34:00,100 --> 00:34:04,800
To help us on this as batik.
Deanna dick on is, certainly the

623
00:34:04,800 --> 00:34:08,199
steak spoken.
We're looking into it, we want

624
00:34:08,199 --> 00:34:12,100
to bring out the token and took
it on its utility and all of

625
00:34:12,100 --> 00:34:14,900
this all of this needs to be
coded obviously as well.

626
00:34:15,500 --> 00:34:17,800
Yeah.
And the final one for this

627
00:34:17,800 --> 00:34:22,500
year's probably the Gration with
defy protocols, looking into

628
00:34:22,500 --> 00:34:25,600
some, some ways currently right
now.

629
00:34:25,699 --> 00:34:27,800
All looking and that's the last
one.

630
00:34:27,800 --> 00:34:33,500
I also looking at bigquery the
future, I think were bringing in

631
00:34:33,699 --> 00:34:36,500
music words, whatever.
I'm going to get springing in

632
00:34:36,500 --> 00:34:42,199
real-world affix to blockchain
and I think this is still on

633
00:34:42,699 --> 00:34:45,400
quite an unsolved.
Do this really cute centralized

634
00:34:45,400 --> 00:34:49,800
trustless currently you have to
in many of these Does he still

635
00:34:49,800 --> 00:34:54,199
have to to to, to trust somebody
that he will enforce some legal

636
00:34:54,199 --> 00:34:57,000
contract?
How can you how can you

637
00:34:57,000 --> 00:34:59,500
improving?
How can you make this really

638
00:34:59,500 --> 00:35:01,600
decentralized?
And trustless, this is going to

639
00:35:01,600 --> 00:35:04,500
be an interesting question for
the whole industry, going

640
00:35:04,500 --> 00:35:06,000
forward?
Yeah, yeah.

641
00:35:06,000 --> 00:35:07,700
And one thing I'm thinking is
that the sum of the parts is

642
00:35:07,700 --> 00:35:10,000
greater than the whole here,
like you said that, there's so

643
00:35:10,000 --> 00:35:14,500
much music out there and it is
under valued at this stage and

644
00:35:14,600 --> 00:35:16,800
has been because there's so much
of it out there.

645
00:35:16,800 --> 00:35:20,000
And, you know, when you're
bringing real, And Assets in the

646
00:35:20,000 --> 00:35:23,500
digital space, you need to take
inventory of all that first and

647
00:35:23,500 --> 00:35:25,600
taking inventory.
Lets you separate the wheat from

648
00:35:25,600 --> 00:35:28,700
the chaff and really promote the
good things that are out there

649
00:35:28,700 --> 00:35:31,900
and the things that well then
you know, is still just a tiny

650
00:35:31,900 --> 00:35:35,200
Niche audience and let that be
and it lets you do that.

651
00:35:35,200 --> 00:35:38,000
So, getting my head around this
with you guys today has been

652
00:35:38,000 --> 00:35:42,000
fascinating, I could continue
like this for another few hours

653
00:35:42,000 --> 00:35:44,200
with you guys, but we are
running short on time.

654
00:35:44,700 --> 00:35:48,100
So why don't we move to the last
question that we asked everybody

655
00:35:48,100 --> 00:35:50,400
on this podcast?
And We'll start with you.

656
00:35:50,900 --> 00:35:53,100
What is one thing that people
wouldn't expect to know about

657
00:35:53,100 --> 00:35:54,900
you?
Wow, that's a good one.

658
00:35:54,900 --> 00:35:59,500
Well, for me, it would be on the
strong believer of metaphysics.

659
00:35:59,500 --> 00:36:02,000
Something that people wouldn't.
Wow, right.

660
00:36:02,000 --> 00:36:05,700
Yeah.
That the the financial or yeah,

661
00:36:05,700 --> 00:36:08,700
very logical mind behind
wouldn't be expected this but

662
00:36:08,700 --> 00:36:12,400
yes, I am strongly either.
I mean in what we can project in

663
00:36:12,400 --> 00:36:15,000
our minds, in the power of what
they might have, the power of

664
00:36:15,000 --> 00:36:17,400
the Mind, the power of
intention, love the Law of

665
00:36:17,400 --> 00:36:19,400
Attraction.
All of this is very Read

666
00:36:19,400 --> 00:36:21,200
relevant.
To me, I bring it into my daily

667
00:36:21,200 --> 00:36:24,500
practice through meditation,
through through, through

668
00:36:24,500 --> 00:36:27,700
visualization.
And this is really what I really

669
00:36:27,800 --> 00:36:31,500
has gotten me to where I am
today and will continue to take

670
00:36:31,500 --> 00:36:34,900
me to the places where my, my
dreams go so metaphysics.

671
00:36:34,900 --> 00:36:38,100
I mean, it's, I think a Hidden
Gem that everyone should

672
00:36:38,100 --> 00:36:40,000
discover on their own.
Absolutely.

673
00:36:40,000 --> 00:36:42,300
No.
And what I'd like you to do is

674
00:36:42,300 --> 00:36:45,800
send me the title of the best
book that you've read about

675
00:36:45,800 --> 00:36:48,600
metaphysics, and we can share
that with the audience.

676
00:36:48,600 --> 00:36:50,600
Yeah.
Sounds good and bad and even

677
00:36:50,800 --> 00:36:54,400
even has some special of this
realization practices that you

678
00:36:54,400 --> 00:36:57,300
could try.
Which, I mean, they just take

679
00:36:57,300 --> 00:37:00,400
you to another level, you just
sit back and wait, how they

680
00:37:00,400 --> 00:37:04,200
materialize and they come true,
call me a dreamer but it's out

681
00:37:04,200 --> 00:37:06,700
there.
I think it's there's metaphysics

682
00:37:06,700 --> 00:37:08,000
out there.
Moving things around.

683
00:37:08,200 --> 00:37:09,300
Awesome.
I love it.

684
00:37:09,600 --> 00:37:11,200
Martin.
What about you which one thing

685
00:37:11,200 --> 00:37:13,800
that people wouldn't expect to
know about you shape the?

686
00:37:13,800 --> 00:37:17,900
Yeah, all I thought about this
one when we were with you guys

687
00:37:17,900 --> 00:37:22,100
in the from Sisters in Berlin
and I was telling people, oh

688
00:37:22,100 --> 00:37:25,400
wait a minute, that's not,
that's not true mean, I told

689
00:37:25,400 --> 00:37:28,600
this that the the guys that I
was shortly after the wall

690
00:37:28,600 --> 00:37:30,900
opened, I was in villain that is
true.

691
00:37:31,200 --> 00:37:35,400
But I was thinking in Berlin
before because when I was a kid

692
00:37:35,600 --> 00:37:38,900
like for quite a few years we
lived in in Germany in Western

693
00:37:38,900 --> 00:37:42,900
Germany and you have Western
Germany in Eastern Germany and

694
00:37:43,100 --> 00:37:47,400
we lived in the western part but
my called was actually in the

695
00:37:47,400 --> 00:37:52,500
Communist Party.
So, we got twice invited by the

696
00:37:52,500 --> 00:37:56,600
German Democratic Republic by
the Socialist, part for

697
00:37:56,600 --> 00:38:00,900
vacation.
And obviously, I didn't I didn't

698
00:38:00,900 --> 00:38:03,800
understand anything back then
about these two different

699
00:38:03,800 --> 00:38:08,900
states, and we were going over
this famous Border in Berlin.

700
00:38:09,600 --> 00:38:12,100
And I was thinking, yeah, and
now we're in a different

701
00:38:12,100 --> 00:38:14,100
template.
The but then people were still

702
00:38:14,100 --> 00:38:17,800
speaking there, but and I end up
not even a dialect, like when

703
00:38:17,800 --> 00:38:20,200
you go to Switzerland.
There were speaking German like

704
00:38:20,200 --> 00:38:22,800
before So Silent really
understand it.

705
00:38:23,600 --> 00:38:25,600
But yeah.
So I have kind of a socialist,

706
00:38:25,600 --> 00:38:28,100
uh pre wow.
Wow.

707
00:38:28,100 --> 00:38:32,400
That is one of the most
interesting courses that I took

708
00:38:32,400 --> 00:38:37,600
in my undergrad was Marxist,
Marxism, you know, Marxist

709
00:38:37,600 --> 00:38:40,900
economics.
So let's talk about that over a

710
00:38:40,908 --> 00:38:44,400
pint when we're definitely cuz
there's some really interesting

711
00:38:44,400 --> 00:38:48,400
Concepts there that are parlayed
into so much the stuff we're

712
00:38:48,400 --> 00:38:50,400
working on.
On right now and it's so funny

713
00:38:50,400 --> 00:38:53,300
how that word, you know?
Oh, you're a socialist, has

714
00:38:53,300 --> 00:38:56,600
become like a thing in America,
right?

715
00:38:56,600 --> 00:39:01,000
It's like as an insult and it's
like, or as you are, you know,

716
00:39:01,000 --> 00:39:03,300
you're part of this scary
monster group.

717
00:39:03,300 --> 00:39:07,600
And it's like, yeah, I I'm not a
card-carrying socialist, but I

718
00:39:07,600 --> 00:39:11,000
do have an appreciation for the
science of it, and the economics

719
00:39:11,000 --> 00:39:13,200
of it, which is, which is
really, really interesting.

720
00:39:13,200 --> 00:39:15,700
So, thank you for sharing that
guys.

721
00:39:15,700 --> 00:39:17,500
Listen, this has been an awesome
chat.

722
00:39:17,500 --> 00:39:18,700
We're taking things so much
further.

723
00:39:18,800 --> 00:39:21,000
Than I thought we would just in
about 45 minutes.

724
00:39:21,000 --> 00:39:23,700
So thank you, really looking
forward to having you guys back

725
00:39:23,700 --> 00:39:26,800
in Dublin with us in a couple of
weeks time and and finishing the

726
00:39:26,800 --> 00:39:28,100
program with you guys on a high
note.

727
00:39:28,100 --> 00:39:29,800
So thank you so much for joining
the show today.

728
00:39:30,900 --> 00:39:33,300
Thank you Pete.
We really appreciate see how the

729
00:39:33,300 --> 00:39:35,900
invitation and look forward to
meeting you in the top 10 as

730
00:39:35,900 --> 00:39:45,000
well, can't wait.
That does it for this week

731
00:39:45,000 --> 00:39:46,800
folks.
Thanks Lewis and Martin for

732
00:39:46,800 --> 00:39:48,900
opening up their minds to help
us figure out why they do what

733
00:39:48,900 --> 00:39:51,300
they do link to get in touch
with Louis and Martin.

734
00:39:51,300 --> 00:39:54,000
And learn more about steaks or
in the show notes on our website

735
00:39:54,000 --> 00:39:56,300
money, never sleeps that.
I, so check us out online.

736
00:39:56,700 --> 00:39:59,100
Also, thanks Conan Brophy from
create sad, for mixing and

737
00:39:59,100 --> 00:40:01,100
editing.
This episode Conan is an

738
00:40:01,100 --> 00:40:03,100
excellent medium and to get in
touch with when you're thinking

739
00:40:03,100 --> 00:40:04,500
about launching your own
podcast.

740
00:40:05,000 --> 00:40:08,000
As for me I'm an early stage,
startup investor and advisor

741
00:40:08,000 --> 00:40:10,800
focused on where fintech meet.
Do and crypto meets web. 3,

742
00:40:11,100 --> 00:40:13,500
likes to talk to me about your
business, drop me a line on info

743
00:40:13,500 --> 00:40:15,600
at money.
Never sleeps, die, eat finally

744
00:40:15,600 --> 00:40:17,300
till next time.
Thanks for listening.

745
00:40:17,300 --> 00:40:17,800
See you