Why NFTs Are A Long Run Deal With Matt Gaser
38m | Feb 17, 2022In this episode of The Long Run Show, we chat with Matt Gaser, Chief Executive Officer at Fabricated Madness about the future of NFTs.
"I think the creative side of NFTs is just a small portion of the kind of utilities that NFTs will bring"
"Your medical records will be an NFT, your mortgage is going to be an NFT because it's totally encrypted."
"I think NFTs are going to be an integral part in the sale of goods, the transfer of funds"
Matt's impressive resume includes well-known projects such as CG animated TV series Star Wars: The Clone Wars.
Matt recently left his career of 20 years to start his own business in the NFT world working on many projects, one of which is The Chronicles of Dr.Zammys where a fantasy doctor in a whimsical universe called Gallagan, fights a virus coming from another dimension.
Dr.Zammys is also planned to be an animated TV series.
Guest:
Matt Gaser
LinkedIn: https://www.linkedin.com/in/mattgaser/
Project Website: https://www.drzammsy.com/
FAQ: https://www.drzammsy.com/faq/
Links to purchasing our NFTs: https://www.drzammsy.com/get-nfts/
Personal Artist site: https://www.mattgaser.com/
Wax Blockchain: https://twitter.com/WAX_io
FAQs: https://www.drzammsy.com/faq/
https://wax.atomichub.io/
Hosted By:
Transcript:
So welcome back to another episode of The Long Run Show. This is Austin Willson, along with my cohost, Michael O'Connor.
Matt: Good to be here.
Q: We actually have our first guest today. We're gonna be talking about NFTs over the long run and our guest is actually deep in the space right now, creating NFTs is he's got quite the resume to back it up too. He's not just a guy in Microsoft paint, making pictures. He's got quite the artistic portfolio. I'd like to introduce Matt Gaser. He is a part of the project of The Chronicles of Dr.Zammsy.
So Matt, welcome to The Long Run Show.
Matt:Hey guys. Great to be here. Thank you. Appreciate it.
Q:Our first guest on this is wild, right?
Matt:Hey there's always a first, I'm happy to be be here and talk everything about NFTs, the future of NFTs and yeah, it's an exciting time.Totally amazing time for this kind of thing.
Q:Yeah. It's wild. It's bubbled to the surface over what really the last two years here. So you're in a very exciting space right now. What's it? What's it like finding your way
Matt: Very adventurous. I quit my job, doing what I did for 20 years to jump full steam into this. My partner convinced me about this time last year, Ralph. He helped found fabricated madness with me. And last April, we launched our first real NFT project that I incorporated trading cards as NFTs. And we sold. In April, our first set within an hour made 200,000 and we were like, oh, okay. This is real what's. Wow. What? But but it was a fascinating year last year. We learned a lot about the space. We learned a lot about what collectors are looking for. And it's changed drastically since that launch in April. And it's just insanely challenging. And the growth is exponential, but it doesn't come without its challenges. And yeah first time business owner out of this I've got a staff now it's, we're partnered with a bunch of people and venture capital is involved. It's just a crazy time. And we've got multiple projects in the works right now.
Q:Wow. That's fantastic. Yeah. So it's like you said, 2021 we're in 2022 now. So 2021, I know that flew by quick, but it was a wild year for NFTs. And you said your first sale was, it was 200,000 for how many NFTs were included in that drop
Matt: 5 different unique trading cards, but there was sketch cards, animation cards. Variants like epic, common, uncommon, legendary, and mythic all those kinds of things. And the collectors really grabbed on that, on the Wax Blockchain, by the way, we were on the wax blockchain. Okay. I think it's @WAXP if you're looking for investing into that crypto, but yeah it's a specific. Blockchain, that's really geared towards gaming and FTS and no gas fees.And it's carbon footprints pretty low in fact almost non-existent. It's but beyond all that, it's just like a fascinating place to sell NFTs and create games that are relating to the play to earn model. Yeah. So it sounds like there was a bit of a concept behind it, as far as like playing cards,
Q:Pokemon Mike, I think you might've had experience with Pokemon growing up.I have always been a I've been a trading card guy, my whole life. I love the Pokemon cards and then did a little, a Hearthstone in my teenage years.
Matt: I'm an artist from that I've actually painted illustrations for Hearthstone. Imagine. It's been a, it's been a really weird twist to be on the production side instead of just being a hired artist for those kinds of things and hiring other artists to do art as well. I just never thought that would ever happen. I thought I'd just be painting stuff for people and their movies and things like that forever. But yeah, it's been a really cool experience actually hiring other artists and getting them work colleagues of mine that I've known for 20 years and some new guys as well. And employing them. It's just such a weird concept, but yeah, that's, what's going on.
Q: it seems like really from the story that you've already had from the founding of fabricated madness and the trading card collection, everything, that's just, I love that you immediately jumped and you're like low carbon. No gas fees, everything. It really feels like you guys are already, you've already taken the long run approach to you want this to be a trading card game that is around for years. It's not just a pump and dump NFT thing. It's not just a short-term thing. How did all that come about? What was the process for you of creating that, I guess a plan
Matt: it came out of survival. The moment we launched our packs in April and sold out the first thing, all the collectors said was like, where are you going to be able to, what am I going to be able to stake your name? Where's your game, where's your white paper. Where's your game design doc. And we're like we don't have any of that. I thought we could just sell stuff and you'd collect it. And so we had to radically change our business model and it totally, re-invest almost everything we made back into production for two different games. So we're making a 3d adventure game. We're going to be releasing videos of that production here at https://www.drzammsy.com/
And then we partnered with some good long-term friends longtime friends of mine that have a gaming studio called robot Cmonster games. And we asked them to take our trading card line and convert that into Flash Royal style video game. And so you're going to be able to collect our NFTs. I won't get into the whole details unless you want me to about the game, but it's just, you essentially play your cards in on this cool table. And they convert to actual 3d characters and they battle each other. And yeah. The idea for the game came from Ralph and I but the actual implementation of the whole production of the game is through our partnership with robot Cmonster games. But we have an entire team of 3d modelers, character artists animators that are helping us as well. So it's a really cool collaborate.
But the 3d adventure game. We hired a tech guy right out of school, out of Scotland. Our 3d team is working on Dr. Zammsy laboratory and you get to shrink down to the micro realm.
Dr. Zammsy is basically a fantasy doctor in a whimsical universe called Gallagan, and he's fighting a virus coming from another dimension. So he goes down into the microscopic level and fights these weird internet soldiers that are attacking his world, spreading this virus. So it's really timely the concept because it has to do with COVID in a way, but it's told in a fantasy star wars, Indiana Jones kind of setting Harry Potter kind of thing.
On top of all of that, we partnered also real quick with a friend of our ours called his name is Matt Lyon. He's a creative director in the Hollywood world. And we're, we've actually structured a 10 episode treatment and a pilot episode, a script for this to actually be an animated series.
Q: Wow. So yeah, very long run approach. You've got a lot of a lot of moving parts and it, I appreciate, especially in the NFT space, I appreciate something. That's a project unto its own and has things that, that can branch off of it rather than just. A collectible item. That seems to be where it seems to be, where everything's moving. There was obviously the big craze at the beginning of 2021. Everybody was like, oh, look at these collectibles. Just sell it for millions of dollars. Yeah. And I'm sure there's a space for that. But. I took some, I didn't buy an NFT until last fall. And it took some very heavy convincing by my co-host Michael to actually buy NFT
Matt: It comes down to utility. That's a big word in the NFT space now. And know a lot of people don't just want to collect art. They want it to work for them. And have some kind of value. So real quick, you can actually stake our NFTs on the site called whenstaking.com. And by staking our NFTs onto that system, you can actually earn void and you can go to our FAQ on our website to learn more about that. But but it's so bizarre how you can actually. Purchase an NFT and then make money by just putting it somewhere. But the benefit of that is a utility, like I said, and that's why we're making two games and wanna wrap NFTs around our animated series. Our concept is that once each episode airs you'd be able to collect limited NFTs from the show after each episode. And then those would also be playable within our two games. So it's this like circular. Ecosystem that's involving our project in, in, on different platforms and
Q: something that just jumped out when you were talking about staking, these NFTs specifically with trading cards is a mind boggling proposition. Cause if you're talking like Pokemon cards or anything, like those have gone up so much in value, and if you're in house able to provide the means. Like renting those cards out to other players or selling them in your own ecosystem. That's huge. That's insane.
Matt: That's yeah. All ownership is a big deal. If you think about it, like Fortnite, you put in hundreds of dollars as a player and you don't actually own those skins or guns that you're buying in this ecosystem in this space for at least for wax regarding NFTs and gaming. And you can either sell that on the secondary market, if you've grinded and beefed up that item or you can keep it for yourself or whatever, but you actually, there's true ownership in that. And a lot of games they're really, they can be really popular. You can shell out hundreds of dollars being up your character's assets, and then maybe the game goes away or you just. Have any interest in that game anymore? The idea about the metaverse is really interesting too. The long run is that I'm sure there's going to be partnerships with other projects where a gun or a car from one project can be shift shifted over to a different game because you own it. And then you're still playing with the same assets in a totally different game. I don't know how cool that would be, but that's the idea is true ownership.
Q:Yeah. Yeah. And like you said, the circular nature of your ecosystem seems to be a that right there is interesting because you can not only do the players and the participants and the NFT owners, not only are they able to drive some of the value because they're playing it and it's becoming more popular, they're spreading it, but you also can drive value through creating more common. Based on that same IP to use an old kind of term there. So that's really interesting. What was the impetus to that you said at the beginning, some of this was survival to create the game and all that aspect, but creating this kind of circular. I almost value stream. What was the impetus there?
Matt: For the animated series, that's actually was my original vision 20 years ago for this project. So Dr. Zammsy came out of me, graduating from college at art school and just, I had this cool idea of this world and this universe and this character, it didn't really go anywhere. I just had lots of ideas. Until this NFT thing hit. And Ralph was like, man, we gotta make an animated series. And then our fans were saying make the game first. And over the course of the year, we made a lot of great connections and really. And Matt lion, when he came on board was just like, look, I got the animated series thing give me all your notes, give me all your bios to the characters. Give me all the art. And we literally just finished the pitch for that last weekend. It's looking absolutely freaking beautiful. And we're really hopeful with all our contacts that we can get into a streaming service and get this into production. As far as the game. We, as a Fabricated Madness is we started the 3d adventure game first, but then it seemed easier to actually accomplish the card game first. That's kinda why we ended up doing two games at the same time because we shifted gears. We're still working on both, but the card game is our highest priority right now, because that actually incorporates our product that we sell a weekly. We do weekly drops cards, utility cards that are based on the game as well for a limited time each week. And then it's just Positioned to offer a game that's relating to a direct product to our customers. Yeah. But yeah. Yeah.
Q: What a story too. Cause I love, especially in the long run we're talking about long run stuff. You it's a perfect example because you left your job. You said this is your first time starting a business. You obviously believe in this sector in the long run. What are your thoughts on NFTs in the long run? Like the whole thing. What's your, where's your mindset?
Matt: I think the creative side of NFTs is just a small portion of what of what the kind of utilities that NFTs will bring. I think when you buy a house, your mortgage is going to be an NFT. Your medical records are going to be an NFT. Things you would even expect are going to be NFT as receipts because it's totally encrypted. It's on the blockchain, it's there for everyone to see and track. And I just think it's. Decentralized system for information. But big talk in terms of the metaverse I think NFTs are going to be a integral part in the sale of goods, the transfer of funds all kinds of things like that. Crypto's obviously gonna be a massive player in the metaverse as well. I just can't wait. I want. Metaverse of Dr.Zammys and the world that we're creating here. There's giants, crazy vehicles, airships slug pirates. You name it. I just to be around that crazy metropolis cities that are multilayered for different scaled creatures and from three-inch little dudes to 40 foot giants and all living and working in the same space.
To actually play a game where you're in that environment and maybe even making money in that environment, it just be Wild. It's basically ready player one. So yeah,
Q:we have arrived.
Matt: I know. I didn't mean to blow your brain there,
Q:but yeah we love getting our brain blown. That is wild. I've never been that into video games. The kind of idea of the metaverse is quite enticing. And also really what to me is most enticing is like what you were talking about, these different worlds that you can go into. I don't think that'll be the initial application. I'm sure it'll be some boring business thing where we have meetings virtually. That'll be the initial one. The businesses will be like, oh, we got free cash to spend. We'll spend it on some virtual headsets and everything. Exactly. But we'll get there. Yeah, exactly. We're in avatars with no legs. Yeah.
Matt: But a good example of where this could be applied is actually I don't mean to plug this, but there's like a daydream festival, a huge EDM concerts that I designed their posters and stages for. I'm actually in talks with them about a metaverse concept where if you can't afford to fly over to Europe and see these massive EDM concerts maybe you can jump into the metaverse and see it live that way either virtually or entirely built out in a whole new way where a avatar. Of DJs that are like, that are playing at the event are in a totally original world spinning live. And you're one of the avatars in this virtual space. So the ability to engage with the world real time through a virtual experience could be really beneficial.
Q:Yeah. Yeah. I've heard some really interesting, that's another very interesting application for this kind of VR slash like metaverse meets universe collide. Those sort of those sorts of solutions are really interesting because there are a lot of people that, where yeah. They might not be able to fly over there, but they could afford a headset and. The ticket price to just get in.
Matt: Exactly. Yeah. So there could be very interesting and that event's really interesting because they have actual campgrounds. It's like a two day event and you actually stay there for a weekend. So maybe I can only imagine the eye strain, but maybe you're there for essentially two days porting in, on and off. Yeah. Pretty wild stuff. Yeah. Yeah. I do think Ready Player One the movie is a perfect example of where this is all heading.
I know it's very SciFi and all that, but the power of gaming, the power of the technology is just getting so good that I think in the next five to 10 years, it really is going to be here easily.
Q:Yeah. And that's something that we've seen. The last decade you've seen e-sports. Oh, it's this incredible niche thing to more people watch a specific game, final world championships things on the super bowl.
So it's it's more popular than the biggest sports, normal sports events. Yeah.
Matt: league of legends. Actually, I worked for them. Like almost 10 years ago, back when it was just a very small game. And then I moved on a bunch of other different things, but Morgan Spurlock on his show had an episode about gaming and he referenced league of legends and they like they full on have an entire audience in a football state All watching these gamers and it's just huge millions of people pouring in to watch these matches. So yeah, e-sports is massive. It's pretty wild.
Q:And I think one thing that, that boggles my mind too sometimes is like you were talking about using NFTs for receipts, for tickets to these types of events. I think probably 99% of people. If they know what an NFT is, they think it's just a piece of art or some image, some JPEG that you can right. Click on whereas it's totally. It's just a method of ownership on the blockchain and that's so powerful. And I think a lot of people just haven't necessarily seen the power of NFTs yet. What do you think? Do you think the timeline on that is it everything's going to start coming together soon. It's okay, shoot. People are going. Seeing what's going on or do you think it's more of an evolution?
Matt: I honestly, it's a really tough sort of hurdle to get over. I think the technology has a long way to go to make it easy. You gotta get your crypto and you got to get your wax cloud wallet and you got there's all these different things that got to click into place, move your funds from your bank account and turn them into crypto. And if you're not computer savvy, I can see that hurdle. But when it gets as smooth as Apple Pay and going to whole foods and blame just paying for a a bag of lettuce. But instead it's an NFT somehow. I think that's when everyone's going to jump on board right now it's a very niche market. The people that are involved understand do their, do the due diligence and read the FAQ's on these sites and learn about what they want to collect. A perfect example of the use for an NFT that's different other than just collecting his physical goods. So I did a lot of Comicons for about 10 years, and I have a ton of merchandise that's just stored in my garage because of COVID. I can't get to as many Comicons to sell my goods anymore. So a lot of our fans are interested in. Turning digital NFT into almost like a redeemable receipt where they can then summon the physical good whenever they want. So if they don't want it right now, they can hold onto it. But then I'll get an email that will say, Hey, this fan that bought this NFT wants your toy or whatever. And or a book, and then I can ship it to them. It's like a. A totally new way to look at a, an industry that I've been involved in. That's not accessible anymore, but through NFTs, I can somehow sell goods through NFTs. It's just a, it's a wild experience, but that's what's on the table right now. As well with music too. We partnered with Yoshi drops, Michael blues company. I'm not sure if you've heard of them. They're all music based like MP4s and we're doing a whole other separate project away from Dr.Zammys that involves my world building art with generative art that you would see through board a yacht club. But it's also done through original EDM music that Michael blue wrote for each piece. NFTs as music
.Q: Yeah. Yeah. I've seen those. I've actually really liked those art pieces where it is some sort of sound and picture in a loop, some sort of animation that's super engaging to me. I'm a musician have been for a while. So the concept of the musician not having to necessarily go to a record. To sell their IP and just being able to release it direct and then own it. That's a wild concept for music because traditionally there's so many gatekeepers in the music industry and yet streaming sort of level the playing field, but then it also just completely wiped out the ability to sell records for any amount of money as an artist, a single artist, right?
So now you have this ability to. I can go create a song right now. You can go create a song. We can all go create songs right now. We have the technology to do that digitally very easily. We don't have the technology to own that. And sell it. So that's a really, that's a very interesting application. I wonder what the world will look like when the big, bigger companies realize they don't, they can't necessarily just buy an artist anymore. The artist can sell themselves direct.
Matt: I think. Bigger picture too, is that you have a lot of creatives that are very talented about with storytelling and all that. And if if the sale of their NFT gives them more cash in the pocket, more capital, I think if they play their cards like I'm doing it opens up more doors to actually provide the world with more entertainment, more content. I read an article like streaming services. Basically tasks with creating the same amount of content per year. That would be the equivalent of every movie and TV show created from the eighties and nineties all at once, all in one year annually. A lot of these studios and also gaming companies too, are just constantly struggling to to fulfill that demand.
But I think if NFTs can create a whole. Brand new sector of creatives that are, we're just work for hire that are now creating content and managing it themselves. I think you're going to see an explosion of new TV shows, new games the likes of which we've never seen because that capital is being reinvested in people that really understand that space.
Q: So that's actually, that brings up a really interesting question for me is you've been on both sides. Now, you're now owning a business, running a project, you're building it out. You're now hiring people that you might've worked with on past projects. And I also looked through your LinkedIn, you have a very impressive resume. In fact, I got to say, you worked on my favorite star wars movie of all time. I love Clone Wars. It's the best.
Q: What would your. Advice, I guess be for people looking to do that who are on the creative side of things and want to make that journey. What does that look like?
Matt: First off you just have to have good high quality art. I think there's not enough. Good high quality art out there. Although the market has proven that high quality art doesn't, it doesn't have to it doesn't have to be amazing art in order for it to sell. It just has to be marketed properly. I think the marketing hurdle on these things is super massive right now. Factor that has been a struggle of ours all year long, but we've overcome that many times but then gone back to square one. Finding the right marketing team and the right marketing channels we use discord telegram. I didn't even know what these things were before I got into NFTs. And now they're my everyday source for connecting with fans, releasing information and the fan base. The people that collect these things, they're super passionate about it. So they, they want engagement. They want, there's a lot of our time, isn't just about building new content. It's about engaging with the fans and they have a million questions and you have to just always invest that time every day into that. I'd say I wouldn't have gotten into NFTs if it wasn't for my partner, Ralph, he was collecting NFTs back in 2017. He's super involved in the wax blockchain. He knows all the major players that are getting involved or that, that are running that, that ecosystem. And so it was a natural step for us to go into that blockchain, but there's so many more there's flow. Etherium all these different ones. So pick the one, maybe that you have connections with. Or it's easier to dive into if you don't know anyone, just do your research, do a lot of reading. Go to Benzinga. All these different places on the internet have tons of resources to get to the information you need. I'll say if you go to https://www.drzammsy.com/faq/, we have an FAQ and it explains everything on there on how to get a wallet. We're more than happy to share information. That's one thing we learned is that it's a place where everyone's just giving away information. , it's not this secretive world where everyone's like really protective on how they did it. That's how we got into the game is by asking a lot of questions to our competitors. And they turned out to be friends. It's a pretty cool space. In the past before NFTs, everything's so secretive. If you wanted to learn about a game and production, it was very secretive. Now everyone's releasing the entire Bible on how they're making a game in real time. All they're making it. So it's just so different. It's very transparent, but I think that's the vision for crypto and the vision of the future is transparency.
Q: And that's one thing that I don't know if you've noticed this too, Austin, I'd be interested to hear your thoughts, but. In terms of just crypto in general transparency the very form of blockchain itself, but then devs like crypto devs are some of the nicest people they'll share the whole code block with. You have to do it. Like it's amazing to see the crypto devs and then the people. Artists in the NFT world. It's incredible. It's like the best people from every industry. Just come to a discount to crypto and blockchain.
Matt: Yeah. I've yet to meet a, an evil person or someone that was rude or anything. Everyone's been so nice. I think we're all just so excited. Cause it's totally brand new. You can get really successful. And just sharing information. I think if someone had Dr. X. And instead of a virus, it was something similar. And they wanted to do a project with a character with a top hat. I'd be a little reluctant to help them cause it's directly ripping us off. But but that hasn't happened yet. And. Know, we're just so happy to have everyone get involved in this whole new system.
Q: Yeah. Yeah. That's, I don't know that you'll probably have that cause you've got first mover first mover advantage there, Matt. So you're probably safe if you're listening to this and you're making a doctor. Just don't come and talk to my man. He's about to crush you. So usually what we do at the end here, Matt, is we give a somewhat of a, like a portfolio tip or action item. Again, we don't give investment advice obviously, but we do want to put some meat on the bones. We talk about a lot of use a very good term. Concepts here. And very very abstract stuff. So when it comes to what somebody listening to this episode, what can they do to get involved? It sounds like buying a, NFT is probably the first place to start just dipping your toe in. But even before that, how can they get comfortable with NFTs? Even with your project how does someone just dip their toe in and figure out this space,
Matt: My experience is just directly with wax I would go to again, our website read our FAQ. It explains exactly how to get wow. How to create a wallet, how to put that wax in your wallet. Once you have your wallet in place, you go on to these markets you find the entity you want and you connect your wallet to the purchase and boom, suddenly it's in your wallet and you have an NFT in there. It's a little more complicated than that, but that's in a nutshell what the process is like.
And and then if you get lucky, maybe you collect an NFT that goes up in value for whatever reason. And then you go back onto the secondary market and https://wax.atomichub.io/ is really great for that, where you can sell the NFT you bought for maybe a higher price. And then that's where the game changes. You've actually invested in something that's gone up in value and you're making a little money. Plus a wax is so volatile in a good way. And if you, and this goes without saying in terms of just crypto in general, but you always want to sell on a high and a and buy on a low. And th there's there's a great advantage to that. When it seems almost too good to be true in terms of its value, sell it.Yeah. May go up even another dollar you missed out, but inevitably it always comes back to. There's a massive crash and then it goes back up again. Maybe someday it will never go up. And then that's when entire system just fails, but I hope not, but as it stands right now, I really do think it's the future. And and just to answer your question. Yeah. It's as easy as just doing the research. Our website's great. Benzinga is another good one, honestly for learning all these things. And then there's other ones that I can explain, but I'd rather not because I'm on your show, but if you just do your research, you can find tons of information on all the blockchains that are out there. The ones that are specifically related to NFTs and how to get in.
Q: Awesome. Yeah, I think the education component is key. It took a lot of, for me, I'm a very like cynical, kinda old at heart and kind of guy. So it took a lot of convincing for me to even buy my first like NFT art piece. And it was an interesting experience, but it took a while. Like conversations with people reading a lot to understand the process. And so I think you're right, that the education piece is definitely the first component to start.
Matt: I was just gonna say there's a lot of scamming out there and I can see why people are fearful. I've had friends that gave away their wallet information in a way where, you know, everything you had was stolen. So you really want to vet people that are trying to poke at you. Double check those emails that come into your inbox that are saying the claiming Hey, if you get, if you do this, we'll give you this. And then it ends up being you're just wiped out just make sure if you do the right research that won't have. It's just, be really frugal about it just keep your cards tight in terms of your personal information. I think you'll be fine, but people that just think of this as just like a hobby and they're just kinda toying around, they're going to get hurt. You got to take it really seriously.
Q:Essentially it's it seems like it's different folks have. Different ideas and different ability to just jump in. Like for me, it was, I was buying stuff on nifty gateway last April, and telling Austin all about it and all sorts of stuff and constantly, and he's trying to get to do the research.You got to read up on this, I gotta do this. And then so it's definitely. Different strokes for different folks, and it's, it is a, it's an amazing world to be a part of right now. Like we've talked about where the majority of the world doesn't even use crypto yet and we're getting there. It's rapidly increasing. So it just seems like that kind of long run. Wild world to be in right now.
Matt: To your point it was so bizarre to have contractors that were paying to do specific things for us on our projects. And they're asking to be paid in WAX or get paid an ETH or something like that. And. It's just crazy. Cause you know, we have plenty of that. We have cash too, but it's just so much easier to just to send crypto to someone and you don't have to pay for a wire transfer fee or something like that. I'm slowly seeing that at least in my industry more artists are accepting crypto as payment. So it's yeah it's changing fast and it's here. It's literally right now.
Q: Awesome. That's about all the time we have today for this episode, the long run show. Matt Gaser. Thank you so much for coming on our first, our non-real guests and what a guest to have on today.
Matt: Very honored. Appreciate it guys. Thank you.
Support this podcast at — https://redcircle.com/the-long-run-show/donations
