Drew Katz - Wall Street to Web3: Monoquant Unlocks Institutional-Grade Trading For The Masses

🚀 Wall Street meets Web3! Drew Katz, founder of Monoquant, joins Brian Rose to reveal how institutional-grade trading is now accessible to everyone. No-code strategies, lightning-fast execution, and hedge-fund-level tools—Monoquant is changing the game. Watch now and unlock the future of trading! 🔥💰 🍿Watch The Full Episode: https://londonreal.tv/katz 🚨 Learn To Make Money In Crypto: 💰The Investment club: https://londonreal.tv/club 💰Crypto & DeFi Academy: https://londonreal.tv/defi

• 0:01Speaker 00

  Some of the returns you can make in crypto are wild. There's always movement, there's so much opportunity. Monocent really is the first truly no-code strategy builder. We have all of our own data, straight from the exchanges. It all is actionable by a drag-and-drop node. Think of a flowchart or a Figma, it's that easy. 95% of crypto traders lose money. Your own emotions can cloud judgment. And that's why trading is such a difficult thing. You could be 100% right, and if you're too greedy, you could end up losing money. That's why I love the algorithms. It eliminates all of that stuff, and it's easier because it's drag-and-drop. That's, for me, the most exciting thing. I remember when you demoed this to us, and I couldn't believe what I was watching. How come no one's done this before?

• 0:44Speaker 00

  We're certainly not the only ones trying to do it, but we are the only ones that have succeeded. Everyone's looking for platforms out there, and not many of them are delivering actual quality. With MonoQuant, you have nothing to lose. There's no cost. Maybe you found a solution that's going to make you a lot of money. You're bringing something really unique to the table, and you know that, and people are recognizing that as well. I like building something that people are using. I like something tangible. You're not just creating wealth, you're democratizing finance. There's so many people that are literally 10 times smarter than anyone I've ever worked with, but didn't come from the right family or from the right country. It's kind of like a win-win. We can make money, but also really help people who don't have the opportunities a lot of us have. That's the beauty of it.

• 1:38Speaker 00

  Hey, I know investing in crypto is scary. It takes a real leap of faith, because there are so many scams, rug pulls, and bad actors out there. It's a dangerous business, which is why 95% of people lose all their money. Well, that's why I created the London Real Investment Club, so you can access the hottest deals on the planet and use the crypto bull market to create the generational wealth that you deserve. Join my team of over 100 people from around the world that are making millions of dollars behind the scenes, investing in blockchain, AI, Web3 games, DeFi, Bitcoin, and more.

• 2:14Speaker 01

  Don't miss out. Click the link below to book a call with one of my team now. But hurry, this bull market will end soon.

• 2:22Speaker 02

  I know investing crypto can be scary. That's why you gotta join your investment club. Pull the trigger. Let's do this.

• 2:35Speaker 01

  The world is changing.

• 2:38Speaker 01

  Inspiration is everywhere.

• 2:44Speaker 01

  It has never been so easy to connect, share, and bring people together.

• 2:50Speaker 01

  We're learning from others and finding the best in ourselves.

• 2:58Speaker 01

  Challenging our beliefs.

• 3:02Speaker 01

  Sharing our vulnerability.

• 3:05Speaker 01

  Overcoming our fears.

• 3:11Speaker 01

  Transforming ourselves so we can transform the world.

• 3:17Speaker 01

  How far can we go?

• 3:20Speaker 01

  This is London Real. I am Brian Rose. My guest today is

• 3:32Speaker 01

  This is London Real. I am Brian Rose. My guest today is Drew Katz, the veteran trader, fintech disruptor, and blockchain innovator. You are the founder and CEO of Monocuant, the first no-code trading platform designed to bring institutional-grade tools to everyday investors. Monocuant is a powerful trading engine designed specifically for crypto that blends automation, simplicity, and transparency. You empower users to build, test, and execute data-driven strategies without writing a single line of code. Your goal is to democratize trading by giving users access to the same predictive power once only available to banks, hedge funds, and market makers.

• 4:14Speaker 01

  Ultimately, you believe that Monocuant is the future of trading, opening the door to new markets and new generations. Drew, welcome to London Real.

• 4:24Speaker 00

  Thank you for having me.

• 4:25Speaker 01

  Great to have you here. I want to start by saying that Moniquant is one of our portfolio companies here at London Real Ventures, the world's first media-powered investment firm, where our mission is to transform the world by investing in cutting-edge Web 3 and AI companies while giving our partners marketing exposure across the London real media platforms and academies. We heighten awareness, create customers, and build communities by leveraging our global audience and extensive network. Drew, we are beyond excited to be part of this journey with you. So, let's jump in. What is Moniquant?

• 4:57Speaker 00

  Moniquant really is the first truly no-code strategy builder. You can do all of your portfolio analytics, reporting, etc. automatically, but there are other platforms that do that. What really makes us special is the no-code strategy builder and all the data that's tied in. So, you know, whether it's an indicator, an arithmetic, or all of the alternative data that, you know, you normally see just on website, it all becomes actionable. So, any data, any metric, on any asset class, it all is actionable by a drag-and-drop node. Think of a flowchart or a Figma. It's that easy.

• 5:34Speaker 01

  I remember when you demoed this to us on the Zoom call, and I couldn't believe what I was watching, because literally, like you said, it was drag-and-drop, and you want to pull this data from here, and this data from here, and it just had everything in this beautiful flowchart. And at the end of it, you said, "And if this is too complicated for you, you can copy-trade one of our many other proprietary traders and trade with their algorithm." And this is coming from a guy with a seasoned trading background. And I just thought to myself, "Wow, how come no one's done this before?" This was a no-brainer for us.

• 6:07Speaker 00

  I feel like there's a variety of reasons why no one's done it before, but I think from what I'm hearing around the industry is, we're certainly not the only ones trying to do it, but we are the only ones that have succeeded with some of the aspects of it where other people have not.

• 6:25Speaker 00

  Yeah, but you can do copy trading. We have sample models and we have lots of tutorials, as well as we are working on more educational pieces. Same things that we did with FX. Like, you know, I used to teach courses on the ICE exchange way, way, way back in the day. Same things with FX. You know, the biggest, one of the biggest barriers with crypto is education. The more people understand it, the more people can adopt it.

• 6:47Speaker 01

  You have a great quote where you said, "If you can read a chart, you can build a trading model. And if you can't read a chart, you can copy verified traders with transparent results." One of the missions of Monoc quant is to take what used to be this proprietary knowledge inside these hedge funds out in Connecticut back in the day and allow, you know, normal crypto, sometimes people new to the market and degens, access to those tools. That's what you're trying to do, right?

• 7:13Speaker 00

  Yeah, I mean, you don't have to code, you don't have to code or anymore if you don't have much time, whatever it is. You can literally, what you look, what makes you decide if you want to buy. Michael Saylor, who I think was a guest on this show, if he's, you know, buying, you can copy trade him via Arkham. If you want to play, you know, one of the other providers where your, you know, outflows of BlackRock, weather data, you name it, any data you can think about. Usually we have them now as a drag and drop. And you can take any data point, any arithmetic, and you can just drag and drop, connect it. And what's really my favorite thing is you segregate entry and exit logic. So normally,

• 7:55Speaker 00

  your exit logic is a trailing stop or a stop loss. This one is exit logic. So the same way that you can define an entry with any arithmetic, any indicator, any data, you can do the same thing on an exit lock. So flash crashes, all these different things that are typically not available in algorithms, or if you're a manual trader, you're not able to do unless you're sitting at your desk for 24 hours, which is, well, it's really hard because you never know when it's coming. This allows you to capture that in, you know, it's fully automated. So that's, for me, the most exciting things.

• 8:27Speaker 01

  You mentioned flash crash because we see this all the time in crypto where the price just spikes down, oftentimes spikes back up. And if with a traditional stop loss, like you're out of that trade. Whereas if you're a human at the terminal at the time, you can almost see that it looks like a flash crash. And so you can actually program that into the algorithm to just be on the eye and the lookout for things that don't make sense.

• 8:50Speaker 00

  It's, yeah, if you're looking at a screen, the flash crash is pretty obvious for the most part. And as long as you know that this asset class is good for five years from now, just you can ignore the flash crash, you know it'll bounce back, um, would have in a due time. So instead of having the noise, you know, because the noise could be, you know, in crypto, three to 5% easily kills your, uh, in a stop loss. This one, you can define your logic of maybe without X amount of red candles, you know, simultaneously, you don't exit. So the noise is ignored. And so unless it really crashes again, you stay in it and you have a pretty risk averse strategy, you know, just buy flash crashes.

• 9:31Speaker 01

  And is flash crashes is something that happens in crypto like 20 times more than any other market, right?

• 9:37Speaker 00

  God, it happens every week. It's, it's unfortunately way too common. This is, it's a very, very volatile market, but that's why we needed exit logic because there's, there's so much volatility and even when you were right, you were wrong and it's really hard to define is the, is the normal stop loss 1%, but sometimes it's 10% and it doesn't make sense to sell it because it's just a flash. And, you know, that's kind of why we took that approach.

• 10:00Speaker 01

  All right, talk to me about crypto because, look, I started on my trading, on the trading floor in 1993, I was 22 years old. I was working at Bankers Trust and I was trading this big fixed income derivatives book, started on the swap book and moved to other exotic books. And so the first day, they literally handed me two phones because you already had two phones back in the day. And they said, this button goes to the Chicago Mercantile Exchange where you're going to trade your dollar futures. This button goes to the Board of Trade where you're going to trade bond futures. This squawk box is for the guys down there, 100 feet away. And this is how you trade your treasury notes, two years, five years, 10 years, 30 years. Go. And I was just like, what are you guys talking about? And everybody's shouting down things. On top of that, I had derivatives brokers that were shouting down on speakers and I

• 10:43Speaker 01

  got a real good education over the next few years of what it was like to trade fixed income markets. Okay. And that was a little crazy. But that's nothing compared to crypto markets. Now, you said you had a background in FX and probably a bunch of other things. How can you explain to people how these markets differ FX, stocks, fixed income to crypto? And you clearly, you clearly love what you see in crypto. I guess you see a bunch of just all this opportunity. But they're so different because MonoQuant's designed for crypto. So you're kind of an OG guy. You've been around and I think a lot of the younger guys in crypto look to the guys with a little gray hair.

• 11:24Speaker 01

  You know, so, so tell me, because you've been running these models, you know, for decades.

• 11:29Speaker 00

  What I love the most about these models is the price action. There's always movement. So, you know, you look at equities, they don't move a fraction in general over the year as much as crypto can move in a week. And if you want a good analogy for more of the gray hair people. If you look at, what was it 2010 when we had that, say, bank, I don't want to say their name. There was a fat finger accident and their market flash crashed like massively didn't matter. I was a derivatives trader then. I actually was listening to the squawk box, the outcry. And I remember my father saying, there's no good chaos or some, something like that. So I was like, short and it was a, was a great trade.

• 12:12Speaker 00

  But that type of price action I see every week in, in crypto.

• 12:15Speaker 01

  Right. So that was the S and P like gapping down and went back up because of a fat finger. Somebody put it in order a few points off.

• 12:23Speaker 00

  I shorted the derivatives products. Okay. I shorted the E mini with the max leverage I was allowed to. And my broker, I couldn't exit it. My broker called me, he's like, you know, you're up 69 handles and 79, whatever, something stupid. Never ever going to make a trade like that in the real market.

• 12:40Speaker 01

  And it was like a big figure.

• 12:42Speaker 00

  You know, if you made eight handles on a trade back in the day, you were, you were great, you know? They never ever, ever had anything like that in a split in like less than a minute. And he's like, do you want to exit? I was like, sure. Market order, I was like, just take it right off wherever it is. It's great. That's good discipline too. I've never had a broker that excited in shock that I made that much on it in 30 seconds. I was like, this is the best trade of my life. This is no, I mean, crypto is a little different beast, but like in the traditional market. So I will never beat that.

• 13:11Speaker 01

  I hope he took you to the next game.

• 13:14Speaker 00

  My bonus was not appropriate for my win. We could say that.

• 13:20Speaker 01

  All right, so we were kind of talking about traditional markets. The volatility there is a fraction of what you see in crypto. And so when you see in crypto, there's just so many opportunities because there's so much volatility and so many gaps and so many price discrepancies. This is why you wanted to focus MonoQuant on the crypto market.

• 13:38Speaker 00

  I love the price action in crypto. There's always movement, there's so much opportunity. And as long as you trade coins that are legitimate projects that will stand the test of time, you don't have to worry about it flashing, zeroing out and not coming back. So if you just trade what I would refer to as the majors, same way in FX you have the majors. So take the top 30, 40, 50, 100 projects, as long as they have real tech behind it and you trade them, you should be fine.

• 14:12Speaker 00

  But the more the market ages, the more it respects technicals and all these types of indicators.

• 14:18Speaker 01

  Okay, this has been a pretty crazy year for crypto. Obviously, Trump was elected, we saw new highs, then we saw some crazy lows on the back of maybe some tariff stuff. Then we saw a brand new high last week. I mean, is this an amazing time to be trading?

• 14:35Speaker 00

  It's a great time to be trading.

• 14:37Speaker 01

  Intelligently.

• 14:38Speaker 00

  Intelligently. Try to limit your emotions, don't be too greedy, which is sometimes something I have with my discretionary book, which is why I try to rely more on the algorithm stuff because I'm always looking for that extra point. Even if I get in at the absolute bottom, like I was able to load up on some Solana at like 97, 98.

• 14:59Speaker 01

  Ooh, wow.

• 15:01Speaker 00

  So I was very happy about that.

• 15:04Speaker 01

  It was like February or something?

• 15:05Speaker 00

  It was around February, March.

• 15:09Speaker 01

  Yeah, I remember when that crossed the 100 market. Yeah.

• 15:12Speaker 00

  I got rid of them.

• 15:13Speaker 01

  Everybody talks about buying then, but nobody actually buys them.

• 15:16Speaker 00

  I literally got rid of my Miami car coincidentally the week before. And I was just like, I'm gonna buy as much as I physically am allowed to buy at this time. And I think it was buying from like 97 up to 107, just fully unloaded.

• 15:30Speaker 01

  Okay.

• 15:30Speaker 00

  And.

• 15:30Speaker 01

  Traded your car for Solana.

• 15:31Speaker 00

  I basically traded a car for Solana. It was pretty half cut. It was a good deal.

• 15:37Speaker 01

  But even you are human enough and smart enough to realize that your own emotions can cloud judgments. And that's why trading is such a difficult thing. And I try to explain this to people. I sat next to guys on Wall Street. And I always compare them to those bears you see in the wild that are the older bears that have these scars all over their face. Because they made it through all the tough times. And these prop traders on the floor that are like in their 50s. You walk by them and they got this air about them and they're a little gruff. But towards the end of the day, if you're nice to them and you bring them a coffee, they'll sit you down and maybe give you some tips. But they've been through it. And they'll be the ones that tell you, you know, the trend is your friend and all those things for market wizards, right? And, you know, don't get emotional about stock. Gordon Gekko line, right? But it really is a battle with your own emotions.

• 16:21Speaker 01

  It's fear and greed on a minute by minute basis. And that's why most new traders fail, right?

• 16:27Speaker 00

  You could be a hundred percent right. And if you're too greedy, you could end up losing money. And then you start freaking out and then you take an unlevered trade that you lost money in and you're like, oh, let me leverage a trade and then you're like, oh, wait, maybe I'm gonna add more money and leverage another trade. Now, instead of losing a couple thousand dollars, you're out 20 grand or 200 grand, whatever you're playing with, millions, I don't know. And yeah, that's why I love the algorithms. It eliminates all of that stuff. But because it's node based, normally with an algorithm, you're kind of stuck in a box. Versus a node based algorithm, all of that artistry that if you remember back in the day, that's what trading used to be somewhat of an art. At least that's what they told us.

• 17:09Speaker 01

  Yeah.

• 17:10Speaker 00

  It allows you to see what do you see on the chart and it's easy to quantify that because it's drag and drop. You don't have to like try to convert. It's literally as easy as it can be.

• 17:19Speaker 01

  Wow, this is amazing. Okay, so they always say 95% of crypto traders lose money because they probably get emotional and they're so new to the game. They probably make all the newbie errors. Mon quant, you've literally created it to just save all of these people. And if they, if they don't know how to do it, you can copy someone, but like you said, you can drag and drop and literally see what you're doing. You can see what the experts are doing and it's specifically built for crypto.

• 17:42Speaker 00

  Yeah, it's, it's specifically built for, you know, like volatility expansion, very aggressive markets. So, you know, a lot of my background was FX and derivatives. So that's kind of what I was expecting crypto to be. It is kind of like that in my opinion, just a more fast version of that. You know, it's just a little bit quicker, a lot bit quicker, but that's really what it is. So, you know, our systems do work in crypto and that's where we're focused right now. But in the background, we're also have all the data and are working on more so from regulatory stances to be able to work into the traditional markets.

• 18:19Speaker 00

  But it's going to be the same thing. The traditional markets need systems like this where you can keep up because discretionary trading is becoming a lot harder. And, you know, markets are, you know, extending their hours across the board. So you can't just, you know, be on and off like back in the day, there's the, the bell isn't just the end of it. It's there's extended hours and extended hours and each, you know, year it seems to keep going.

• 18:43Speaker 01

  So the days of the human only trader are becoming extinct.

• 18:48Speaker 00

  Yeah, I remember back when I was literally still at the funds, there was like, you know, making, you know, like, are you a quant trader? Or are you becoming an execution trader? They were like killing off the prop traders, which is, was made no sense to me. Cause those are the guys that understand the market. Like that's great that you can program stuff, but if you don't know the actual market, that's where you're going to have issues. And I think, I think that's the mon quant edge that we have over companies is there's other people building systems. And one of the reasons maybe they're failing is because no one in there, you know, building it was an actual trader. They were quant guys only, so you don't understand all of the nuances of the actual trader. You didn't actually trade.

• 19:31Speaker 00

  Right. So let me translate what Drew is saying. So they hired me from MIT because they wanted me to price their derivatives models. And so you do all this quant, you know, you run all these algorithms, and then you say, look, I've got the strategy to make money. And the model is telling you what to do. Meanwhile, there's the guy on the floor who's been around for 10 years or 20 years. He's placed the bets. He's seen the crazy things happen, the black swan events. And he knows sometimes a lot better than you. And so when the model's telling you this thing, he can look at you and say, bro, you're about to make a big mistake.

• 20:05Speaker 03

  How do you get out of a rat race? How do you create wealth not only for yourself, but also for the generations to come after?

• 20:10Speaker 04

  I am absolutely amazed with the quality of companies that we're getting exposure to.

• 20:15Speaker 05

  We go on to Zoom calls with the innovators and the folks who are building new applications in metaverse, blockchain, artificial intelligence, decentralized finance. What's going on, everybody? Thumbs up if you can see me.

• 20:28Speaker 04

  We are focusing on early-stage investment. And the quality of people that we're getting exposure to, whether it be Dan Tapia with 1RT, Jason Ma from Open, Ayatsu from Anamoka. It's been a phenomenal experience thus far. It has far exceeded my expectations.

• 20:45Speaker 06

  We are focusing on cutting-edge technologies.

• 20:49Speaker 05

  I view it now as the best investment I have ever made. The upside I view is unlimited.

• 20:55Speaker 04

  And as a retail investor, I would never get this exposure anywhere else outside of Investment Club.

• 21:01Speaker 03

  See you in the Investment Club.

• 21:04Speaker 00

  And so he's usually the guy that throttles back the model from making some big mistakes. And I guess what you're trying to say is, if you try to go all quant, you're going to get into some dangerous territory and maybe even completely break the bank. You need some of that old-school knowledge or some of those old prop trading guys, and you bring that on moniquant to the masses. If you're a quant and you're succeeding, you're usually a very special guy. And you know, there are some funds, like, you know, especially traditional. That are amazing at it and but you know that's not a very large population. Right for the average person you can hop on a mona quant and just build a strategy you back test it.

• 21:46Speaker 00

  If it doesn't, you know, maybe you want to make a little bit better risk, you can use the L L M. Then you back test again and then when you're happy you paper traded and eventually go live. L L M is the learning language model. Let's talk about A I because I remember in the demonstration you were like, yeah, you can plug in A I here and different types of A I. And again, this is such a new technology. I'd say most of your old trading models don't even know how to incorporate it, but you incorporate it with drag and drop. How important is it to have an L L M and A I components in your model these days? I think the L L M just gives more. It for people who need more help, whether it's, you know, explaining what this indicator does.

• 22:29Speaker 00

  And eventually what we're working on is to say, you know, okay, maybe do this to fix your risk, fix your your alpha. And then it can add that node for you. That's what that's for. And then in terms of A I, there's lots of stuff. We have, I think, thirty eight plus different A I models that you can run for your strategies and whatever, you know, assets you want. But then we also have A I optimization where it's literally going to run. I don't even know the numbers. It's, you know, thousands of different variations with each one of your nodes. So each one of whatever you set up indicator arithmetic and run all these different variations and then tell you, okay, this was the best result out of. You know, however, many thousands or millions of variations it's run.

• 23:15Speaker 00

  So for those people who don't know how to, you know, really dial in what they're want, maybe they don't have the trading experience, you run optimization and. You know, does all the work for you. Wow, a lot of people trading crypto only look at crypto. And I remember looking at your model and you were pulling all sorts of other data in there, you know, S and P and NASDAQ and. Sometimes all this other esoteric data, can you just speak on that a little bit about how maybe in the crypto industry? People are so focused in on, like you said, like the top fifty cryptos when there is potentially a lot of the data you want to pull into. There's so much, you got to realize everything is what is it the butterfly effect, everything is related. So so like. Anything happening in back in the day when we traded derivatives, you had moon phases,

• 23:58Speaker 00

  weather data. Now, I mean, and that's pretty obvious how that affects commodities and affects the entire market. Nowadays, you have, of course, that, but you have wallet action. You have, you know, Trump making an announcement. You know, he, I, he bought a hamburger with Bitcoin right before his inauguration. And for me, I was like, Trump signing off that he approves crypto. And I bought a lot of crypto that day. And I was like, before the moment I saw that, you know, tweet, and people didn't really understand it. But again, there's a lot of hidden messages across so many things that we, so we take all of this amazing alternative data like Arkham, Nansen, Parsac, Polygon, which is traditional data, and we

• 24:40Speaker 00

  make it an actionable node. And that's, you know, one of the things is, so sometimes some of the data is just on a website, or, you know, maybe an alert, we put it in there as an actual trading indicator, just like you would have met the Bolinger or an RSI. Wow. How do you, how do you set yourself up with a Trump buys a hamburger with a Bitcoin node? Is it like a special news event? And it can like trigger an indicator that you Yeah, yeah. You can have him be something with, you know, and I'm not sure what data one of these, but we have, you could be tracking social media. So, you know, Elon Musk makes his tweet about something crypto related, and maybe you want to look into buying that coin because he made that comment. Michael Saylor, there's a lot of, you know, notable

• 25:25Speaker 00

  names that if they talk about this project is likely to have a, you know, bullish or possibly bearish sentiment. I mean, if Jim Cramer says, buy this coin, I would probably sell it. Yeah. That's the joke in crypto is that Jim Cramer is the, the opposite indicator. Is it really just in crypto? Yeah, maybe it's everywhere. Yeah, I got you. That's a good question. I see it everywhere in crypto. And the, yeah, whenever he is bullish on crypto, it tends to do the opposite, or vice versa. He's had this effect for 20 something years. Yeah, I think you're right. He's a crazy man. I do respect the hustle, though, for sure. It's interesting what you said about Trump and the burger, because Saylor was on stage yesterday at the Bitcoin conference, and someone asked him about memes. And he

• 26:06Speaker 00

  said, Look, I could write a book about Bitcoin. No one's going to read it. He said, I can give an hour long presentation on stage about treasury strategy. 0.1% of people are going to watch it. But if I sit there and say, there is no second best. That thing can go viral. Or he said if baby sailor, this is like the thing now is going viral where these babies say the same things that the older people say. He said if baby sailor, which is like a two-year-old in a suit, says there is no second best. He said that alone can move the price more than me saying I bought an extra four billion of Bitcoin last week. So that's a real thing, isn't it? Yeah. Certain people have like certain powers and like, I don't think people look into how much there is behind it.

• 26:48Speaker 00

  Someone of his stature buying crypto, you know, or using crypto to buy a hamburger. He doesn't need to use a Bitcoin to buy a hamburger. He could use cash. He's in New York. He could use a credit card. I mean, his driver probably has enough money to buy the restaurant. But like, you know, it was a very, very much a statement. He bought it with that to show I approve of crypto. And maybe that was the sign off that crypto needed to be behind him and with him because look, he got in office and look what he's doing. He's, he's pushing the industry and maybe he wants to push, you know, some stuff back to the United States. But that was a humongous thing in my head. Yeah, no, it was big.

• 27:30Speaker 00

  All right, we've talked about democratizing this automated trading and getting it to the masses. Something you want to talk about a lot is actually owning the stack and the fact that you guys build the infrastructure and it gives you performance over everything. How important is it that you do that? Because a lot of people see models out there that don't actually own their stack.

• 27:51Speaker 00

  Only your own infrastructure is pretty much the most, is probably the most important thing. You know, it's like your engine, your car. And we don't just own our stack. We actually did all the architecture ourself. One of the most prolific server people, if you will, in the world has become our CIO. I think somewhat of a legacy type project for him and he did our architecture and got us the infrastructure. You know, so if you were to run our infrastructure, it would be, you know, anything compatible would be minimum 14, 15 million dollars a year. You know, think about renting. A sports car versus owning it. You know, we need to spend $2,000, $3,000 a month or $2,000, $3,000 a day. It's pretty much the same types of economics.

• 28:37Speaker 00

  And also, you know what's in there and you can verify it and control it as opposed to renting someone else's model and you don't really know what's going on there? Well, yeah, somewhat, you know, renting it, they could literally shut you down because you pull too much data or whatever. Ours, we are in complete control. We have our own, all of our own servers. We own our own Solana nodes. We own everything internally. We can literally put our hands physically on our servers and touch some of our exchange partners. So we are literally that close. And we have lots of, you know, OG infrastructure guys who have been doing this for some of the biggest, like Dropbox, Call of Duty, these types of guys, you know, running our

• 29:18Speaker 00

  systems, making sure everything is polygon as smooth as possible and making sure because that, you know, your engine needs the work. Yeah. Talk to me about you use that because you don't charge users upfront, right? Yeah. So people can just jump in and start using that. You don't actually charge for your model? No, that was one of the biggest barriers I had. And, you know, if you're trading with, you know, with a company, who cares if there's like $2,000, $3,000, $4,000 a month for a terminal like Bloomberg or whatever. But for something that's like, you know, prosumer, you know, retail, whatever, you know, this is an institutional-grade product, but retail-friendly, so anyone can use it.

• 29:59Speaker 00

  I thought having those types of fees like most of our competitors does is such a barrier. So since we own all of our infrastructure, we charge zero fees to the users. So whether it's, you know, to build any type of model, you know, we make money on the backend. We don't, we're not really concerned with charging them. We just want them to trade and do well. We're trying to democratize the industry. It's powerful, man. It's powerful because a lot of people won't jump in when there's an upfront cost. And then they won't. Play with your model and they won't see how valuable it is. And the freemiums are okay for a while, but yeah, very big, smart move. You talk about transparency. Where a lot of places, if you come in, you're kind of pushed into using their parts of their model or these systems, but for you, you want everything to be visible.

• 30:44Speaker 00

  People can drill down, they can see the data, they can see everything you want to do. Just talk about how important that is. Transparency one of the biggest issues in this market. For instance, if you're copy trading, there's a lot of people, and I'm sure any crypto person's seen this on Twitter, Telegram,

• 31:02Speaker 00

  Discord, you name it, a guy that's made like 6,000% in a month, but he's charging $30, $200, whatever it is per month for his course. It doesn't really make sense. If you're getting these types of returns, why are you even telling anyone about it? Yeah. So, you know, for copy trading, all of our stuff is basically internally audited for everyone to be safe. Transparency wise, you know, we make everything super easy. So a lot of competitors, you want to add a MACD or a Bollinger or RSI, you add a Bollinger, RSI, MACD. With ours, you can literally break out any of the data. So you can change the periods, the amount of times it repeats over these periods, whatever you want, and you can customize any data piece.

• 31:45Speaker 00

  Which is really, I think, one of the most unique things about it is everything is completely customized. So that's why everyone who's using it has the opportunity to generate alpha. Versus some competitors, everyone's doing the same strategy. Eventually you're diminishing alpha. Okay, powerful. You keep talking about no code. The future is no code. It's something you guys repeat over and over again. Why is that something you're so obsessed with? It's a favorite. Most people that claim to be no code are not no code. Their version of no code is like C++ with a fancy wrapper. If you've ever seen a Eurus, it's like an Audi with a wrapper.

• 32:25Speaker 00

  It's the same thing. Ours is truly no code. Like I'm talking, my grandma lives in a nursing home and was able to make a strategy. I put it up on her TV and everything. I'm talking like, it's not. Can you click this as they drag over an indicator, drop it? Can you connect the dot here? I would assume anyone who can set up a trading account, you know, with any broker, exchange, excuse me, is able to build it. I mean, everyone knows who's able to have an account. What makes you want to buy Bitcoin or Ethereum or Solana? And what makes you want to sell it? It's not hard, especially with the amazing alternative data. Did your grandma actually do it? She actually did it. Do you have any footage of this? This is amazing. I have not footage of that. I have better footage.

• 33:09Speaker 00

  I have footage of her. She's an old New Yorker. I have footage of her leaving her nursing home room and then saying she needs to use her cane. And she's walking through the nursing home hall with her cane up in the air, using it to like, I don't know, just show that she has it, but like not actually using it. I'm like, you're 98 or 97? I'm like.

• 33:33Speaker 00

  I thought she was going through celebrating her returns. Maybe she was celebrating her returns. But it really is that easy. She built one on her TV. And if she can do it, I really think anyone can. Dude, we're creating amazing media here. I can see the titles of these clips. I traded my car for Solana. My grandma made money on MonoQuant. It's like we're stacking them up here. So it's really that simple. She's a New Yorker. Yeah, I love it, man. I love it. Talk to me about, we've seen some acquisitions out there. And it sounds like a lot of exchanges and other bigger players are starting to realize they need something like MonoQuant. I guess I'm really talking about Kraken acquiring Ninja Trader. And it seems like there's a lot of people waking up to the fact that they need

• 34:19Speaker 00

  something like what you offer. Well, if you remember, most people in this audience may not remember, but I know you do. You remember back in, about 20 years ago, New York Stock Exchange, what was it? NASDAQ led it. There was, Innet and Arco were acquired, the electronic trading. Yeah. One, one was like 1.8 billion and then the.

• 34:44Speaker 00

  Four months later, the next New York Stock Exchange had acquired for just like 3 point something billion. I mean, it just shows that you have to stay up with the Joneses. So now, once Ninja Trader was acquired by Cracker and everybody was like, oh, wow, this is actually an amazing idea. I'm like, we've been telling you this. And now, everybody wants to have a conversation and is really understanding the value of no-code trading. Because you have to trade, you have to automate to keep up. And being able to be a developer and then actually understand trading and have a data scientist, and then the ability to plug in the APIs to automate to the exchanges, and then plug in data sources and all these different things. You can be the best in the world. You're still going to take years to do this.

• 35:27Speaker 00

  And you can't just plug into certain places. Some of them, you need contracts and entities and a lot of permissions. It's not so easy. With us, as long as you have an account with any of the reasonable major exchanges, it's just an API. It's as easy as it can be. We just cut out all of that work. You don't have to be an expert anymore. I mean, I went self-learning from five, six strategy changes, not strategies, strategy changes in a week to when we got the system no-code, to about 2,000 strategies in a week.

• 36:02Speaker 01

  Explain that. You just started playing with things.

• 36:05Speaker 00

  Well, to make a change prior, I had to like tell my CTO, and he had to convey it to the other developers. And then each person had to do something because not, a change isn't necessarily one line of code. Like, my simple idea, you know, for like maybe a flash crash idea is not one line of code. It could be 2,000 lines of code. Who knows? But if it's a node, it could be literally, you know, drag a candle over, excuse me, a node over and say, if this drops in this much time, buy. And then you could drag another node over, be like, if this drops in this much time, sorry, and this drops, if this has to be five red candles, sell. Like, that can be an entire strategy that could take five minutes to build.

• 36:49Speaker 00

  Anything that you can visually see, you can quantify, which is... My favorite part about it, that's the artistry of this algorithm. I think that's why I'd argue you get better results than most other systems or doing it yourself, unless you're really, really good.

• 37:03Speaker 01

  So by being able to make so many different changes in a week, you were able to just play with things and to iterate and to start just building much better models.

• 37:12Speaker 00

  Yeah, you basically make a strategy, you backtest it, backtest it. You can run as many as you want. I run tons of different models, tweak it. Oh, this model's garbage, goodbye. This model has potential, let me tweak this, run the next one, run the next one. Let me try these 10 different, like, you know, for momentum-based strategies, what is there, RSI, Bollinger, MACD do effectively the same thing, but slightly different. Which one's going to complement your strategy the most? And then you finally found one, you dial it, and then you paper trade it. I think backtesting and paper trading might be undervalued in this industry, or in any industry, but for me, I'd much rather be safe and test it. And then, once you're very happy with it, it's all the same engine, then you can deploy it live. And I think that's another issue that's unaddressed,

• 37:57Speaker 00

  is not everyone has the same engine for backtest, paper trade, and live. We do. So your results are going to be effectively the same exact thing across the board.

• 38:06Speaker 01

  This is a perfect time. Can you explain to the layman those three concepts? Backtesting, paper trading, and then live. What does that mean? If you had, I would say explain it to your grandma, but she sounds pretty smart. So if you had to explain it to my grandma, how would you explain that?

• 38:20Speaker 00

  Backtesting is just basically off of historical data, what this model would have done back on these dates that you set. So you have to set certain dates. It could be from a year ago, two years ago, prior month, you name it. Paper trading, I don't-

• 38:36Speaker 01

  So you come up with a new trading model where you're like, "Okay, I want to put this, this, this factor in there. Let me see how it would have done from 20, in the calendar year 2024." And you run that, and it comes back and says, "All right, you would have been up 600%." Okay, that's-

• 38:52Speaker 00

  A good piece of information. Huge. Yeah, it's really helpful. That means you know, okay, I would have done really well last year. That's huge. Then you paper trade it, which means you do what? You take that same model. So yeah, if it would have done good, you know, especially if it does good in the bear market, it's you know it's a good model. And then paper trading is just a term for live trading with simulation. So it's basically live trading actually happening when it's happening in the market. It's just fake money. You're not risking your own money. So you want to set it to like, you know, a $10,000 account to simulate what you would do. I would highly recommend paper trading before deploying live. Right, right. Although, how many people don't do that? I don't think many do that. They backtest it. They say, let's go. They put the money on.

• 39:36Speaker 00

  And then they realize, uh-oh, maybe this didn't do so. Historical is good, but you know, what you could have with historical, this could be the issue is what you have overfitting. Because you already know what's going to happen before it happens. So you're just tweaking for what you already know is going to happen versus real trading is kind of predicting what's going to happen before it happens. And that's why I would certainly run it on paper trade for X amount of time. How much time would you paper trade? Peter Thiel took a half a million dollars and turned it into a billion dollars using the exact same techniques we're using inside the investment club. He met a CEO. His name was Zuckerberg. He pitched him the deal and he said, okay, I'll give you a half a million dollars. Mark went public and sold the shares to people like you. Well, what happened to Peter?

• 40:20Speaker 00

  Well, he exited and got a 2,300X return. The wealthy invest in early-stage companies, folks. The public markets are for suckers. It's a rigged game. By the way, this happens in crypto as well. It's called pre-sale tokens. This is Solana. Does anybody know this chain? They sold pre-sale tokens for 4 cents. And you can see the date on there, April 5, 2018. Look at Solana today, folks. That thing's up over 1,000X.

• 40:46Speaker 01

  The media and Wall Street and all these hype people get you to buy the top. Meanwhile, they put their clients in at the bottom and they use you for liquidity to make their clients rich. You can play this same game. You just have to have the financial education and the deal flow. That's it. Honestly, I would do a minimum of a week. Okay, gotcha. Alright, so a week goes by, you put some fake amount of capital and they literally has to try to execute, you know, with the volume constraints and all these things that might happen on exchanges. And after a week, you see how it did as a trading model. And you want to see that it has similar results to your backtesting.

• 41:22Speaker 00

  Yeah, it should have similar or, um, you know, better results, but you know, live, uh, paper trading is the best you can do, um, until you're truly in the trenches, like live simulation, like, you know, anything else. There's nothing closer to the real thing than that, than the real thing. And then you go live, I, you know, some people, if you're really confident, if you have a great strategy, you go live with your full book. If not, you know, do a percentage of it. And then, you know, see how it goes. We have, uh, you have a kill switch. If you decide, oh, I don't like, maybe I made too much, maybe I lost it. Um, you can kill it off, um, on your own. We will have a mobile app soon enough.

• 42:05Speaker 00

  Uh, we have it internally, but we're not ready to release it yet. Um, it works great.

• 42:10Speaker 01

  Really?

• 42:11Speaker 00

  Yeah.

• 42:11Speaker 01

  Why would you kill it if you made too much? Uh, scary?

• 42:16Speaker 00

  I don't know. You know, I've learned the hard way that sometimes, and I mean, I'll say my favorite quote, bulls, what, bulls make money, bears make money, pigs go to slaughter. If you make a certain amount, you may want to turn off your model and let it breathe. You know, it may, the market may revert, you may not be so lucky. You never know.

• 42:34Speaker 01

  Yeah.

• 42:35Speaker 00

  Sometimes it's good to just like be happy making, some of the returns you can make in crypto are wild. You need to be happy.

• 42:42Speaker 01

  What are some of the wild returns in crypto?

• 42:44Speaker 00

  Oh, boy. Um, I started off, what, in 2016 when I was at Harvard. I, I, I turned a few thousand dollars into a good few million in the first couple of months.

• 42:54Speaker 01

  Couple of months?

• 42:55Speaker 00

  Oh, yeah. Those days are long gone.

• 42:57Speaker 01

  Why are they gone? Because there's less. Less opportunity and there's less people in there are being the differences.

• 43:02Speaker 00

  You're not gonna see a coin go from like one penny to fifty, sixty cents in a matter of days. For no reason and as the market matures. Yes, you won't have the fun crazy returns, but I think it's safer, you know, every, every time there's some crap that happens. You have some person or the market, excuse me, is like. We're gonna expect this and this and this from a new project to succeed. And I think even, you know, same thing with VCs, like that ideation stuff. We don't necessarily believe in that anymore. I wanna see a new project. I wanna see a minimum of an MVP. If not, I wanna see the tech working. You know, we're not gonna release our coin until our tech is, you know, has, well, our tech works already, but you know, until we have.

• 43:46Speaker 00

  X billions in volume, we want everything to be, you know, working perfectly and all of our. Users and token holders to be getting.

• 43:55Speaker 00

  What's, I don't know, this is shit, dividends, basically, I don't know, staking. Staking in crypto, but effectively dividends for holding the coin.

• 44:04Speaker 01

  Okay, all right, and I wanna get to the coin and how some of that revenue is transferred to the token holders. You've been doing this since sixteen. That's the other thing is really different about you. I mean, you've been running models and you did it with your own money for a long period of time. Can you talk about that journey and why you decided to then do this?

• 44:26Speaker 00

  I mean, I was just had a lot of success with trading and I was realizing that it was. Virtually impossible to do it unless you're stuck at your computer. So I was trying to figure out a way to automate it. A normal execution model works fine in traditional markets. But this, the market here would crap, like the backend of an exchange could literally crash. And then that would click off my execution. And I would just be, you know, out of luck because, you know, I didn't know how to handle that. So I had a partner with my CTO Dylan, who's just an absolute genius. I don't know how he's so smart. And he was able to automate that, but also handle for when the exchange turns offline. And then, you know.

• 45:08Speaker 00

  The reporting and the analytics, everything is done in real time. So you know, all the Greeks, all the ratios, all done in real time. You don't need a nav system anymore. You could literally print out your own tear sheet, or you know, in more layman's terms, a summary sheet of your performance. We've even have visualization data. So you don't have to look at, I remember you, yeah, you probably remember this back in the day, we look at a trade log. And then we'd be like lining up on a chart, be like, it's about here. You look at our thing millisecond accurate, you're seeing where you're buying, selling, scaling in, scaling out, it's as easy as it can be. Like, so you don't necessarily have to know what sharper Sertino is. I mean, of course, if you do, it's probably better. But if you can like, look at that chart, you can kind of see, oh, it's too fast, I was too slow.

• 45:54Speaker 00

  I don't think it can get easier than that.

• 45:56Speaker 01

  Wow. Okay. So you built this to scratch your own itch, basically.

• 46:00Speaker 00

  Oh, yeah.

• 46:00Speaker 01

  Okay. Now, so many people who built these proprietary models, you never hear about them because they don't want to tell anybody because they're busy making all this money behind the scenes. What made you want to offer this out to the world and build Monocle?

• 46:14Speaker 00

  It was, I was originally that guy. I was thinking we were going to be like rent tech. You know, we're making good returns, we're making good returns. And I was happy with that, but uh, March of 2024, I was on the phone with some OG Binance guys. Jin Chow, he's like their strategy officer back in the day, brilliant guy. And you know, he was telling about it, he just wasn't overtly impressed with the returns, even though they were so good. He was like, well, it's not a public tool. And I was like, I don't know. He's like, I think the conversation went about Dalio versus Bloomberg. I was like, ah, I understand. So we decided from then to

• 46:56Speaker 00

  make it a public tool. I think two days later, I hopped on a plane to Dubai, went to token 2049 and

• 47:04Speaker 00

  Since then, it's just been, you know, making it a business, making sure the UX UI is pretty, making sure we're partnered with every major exchange off of, across every major region, whether it's Asia, Europe, even the United States. We have some really cool stuff coming out of there. We're one of the main people. So you can automate your trades with just a simple plugin.

• 47:27Speaker 01

  You've been doing this for just over a year. That's crazy.

• 47:30Speaker 00

  We've been busy.

• 47:33Speaker 01

  You mentioned the US. I mean, obviously, regulation has completely done a 180 in the last six months since the new administration. Is that an area you're focusing on? Does it feel much more comfortable doing business there going forward? Or did that never really stop you from doing what you were doing?

• 47:48Speaker 00

  Our focus has been global the whole time. We kind of had back burner the United States with the prior administration for, yeah. And then as we got a new administration who's, you know, pro innovation, pro crypto, we got very excited. It's very noticeable that the country, the United States, is accepting it. And if you look at every major bank, JP Morgan, Chase, Bank of America, Citigroup, they're all making very public statements. By the time it's public, it's old news for them. They're internally having some trade stuff going on. You can't say more than that, but, you know, it's very exciting times.

• 48:30Speaker 00

  And the US-based exchanges are making some phenomenal trades. I'd say Kraken is very impressive. And, you know, if you're a US citizen, you don't necessarily have to worry about VPNs and offshore. You know, you can be there, use Kraken and do a lot of really impressive stuff. And I think a lot of capital gains for crypto are just being straight removed, depending on what state you live in.

• 48:59Speaker 01

  It could be a true digital gold rush.

• 49:02Speaker 00

  Right.

• 49:02Speaker 01

  There's rumors that certain states like Florida might ban capital gains on crypto, which would completely change the game, wouldn't it?

• 49:09Speaker 00

  Oh, my gosh. If you could imagine, if you automate a trading system, and maybe it's in and out of the market, which is technically short-term capital gains, but it's safer and you just play with the volatility. I'm in, I'm out, you're not being too greedy. You know, you could have a printing press and it's not being taxed. And then you can just, you know, take out a Porsche and, you know, enjoy a nice car with a horse on it or get the beach house, whatever.

• 49:38Speaker 01

  I'm sure a lot of people are thinking, okay, how can I play with this? How can I try this out? Is it in beta right now? Can the average person jump on there? What are you rolling out over the next six to 12 months for people when it comes to Monocoin?

• 49:51Speaker 00

  Oh, we're gonna have a lot of stuff. Beta's out right now, open beta. You can find the link in our Twitter. It should be on our Instagram as well. We're not big in Instagram, but Twitter, definitely you'll find it. We're very easy to set up. You just, yeah, use it, set it up. And then live should be ready in the coming weeks. So as long as you have an account at one of the major exchanges, what I call best practice for laymans, that basically means like, they're doing everything the right way. You don't have to worry about something sketchy happening, your money disappearing, none of that. They'll be around in five to 10 years. Those are the exchanges we work with.

• 50:32Speaker 01

  Okay, gotcha. So you handle all the execution. I come, I build my model. I stick some capital somewhere and then you guys execute.

• 50:40Speaker 00

  You just have your capital at whatever exchange you like. We have a DeFi stuff rolling out too. You know, you keep that with a wallet. And yeah, basically we execute, you build your strategy and, you know, you just let it go and eventually soon, within the next 12 months, we'll absolutely have our mobile app out. So while you can build a strategy on there and you saw, I think you saw Dylan might have done it in front of you in about 30 seconds.

• 51:03Speaker 01

  Yeah, it's incredible.

• 51:04Speaker 00

  He's crazy. I wouldn't do that. Also, I don't have a phone as big as his. I use it for monitoring. You can straight up, just like you would any other trading system like Think or Swim. It's a little more old school, but still solid platform. You can log in, keep an eye on it, see how you're doing, see all your beautiful metrics. And again, you'll be able to share your summary sheet or tear sheet. Let's say you want a WhatsApp, Telegram, email, your friend, it'll just be like a beautiful little PDF, the same one that if you were in proper finance 20 years ago, you'd spend six days straight making it in Excel and it looked like crap, but you know, all of it just automated real time. There's no analytics to do. You're not trying to calculate a sortino anymore, none of that.

• 51:50Speaker 01

  Wow, wow. Okay. And talk to me about the token. Are you going to issue a token? What's, how does that token make Monocentric better? Did you think about not issuing the token? Tell me about this.

• 52:01Speaker 00

  People have tried to get us to do tokens for years and my main thing, Dylan's main thing was the token without utility is useless. We don't want to make money off a useless token. We don't want to cheapen the brand. Our token is like, basically going to be coming out after we're doing a certain amount of billions in volume. Just because we want to be offering staking for our ORC dividends, depending on the words you use, for our token holders, right out of the gate.

• 52:34Speaker 00

  And effectively it's like a stablecoin in essence for the system. So you want to trade cross asset class. You don't have to trade and have, you know, an Ethereum or Solana or Bitcoin to trade cross asset. As long as you have your monk token, you can go through it and eventually you'll be able to do that to go cross asset. Like, let's just say from Bitcoin to Apple stock, Bitcoin to Tesla, you name it. You'll be able to do that soon enough too.

• 53:03Speaker 01

  Okay. And then you'll pay dividends from some of your profits into the tokens?

• 53:07Speaker 00

  Yeah, a very, very, very generous percentage of the profits goes straight into.

• 53:14Speaker 00

  A pool that is, you know, given as dividends or staking, again, whatever your term is, to the holders and, you know, based on how many tokens you have, based on is how much you get. And I believe that you're going to get paid out in stable coins. So you're holding our token, but you get your rewards in stable coin, like a proper stable coin.

• 53:37Speaker 01

  Okay.

• 53:38Speaker 00

  Not our coin.

• 53:39Speaker 01

  Interesting.

• 53:39Speaker 00

  It's a very good system, but it's not meant like a regular token. It's a true utility.

• 53:46Speaker 01

  That's refreshing because I think everybody's getting sick and tired of people using tokens just to raise capital on a bunch of hype that's not there. And you guys already have a model that makes money on the backend. And so why go down that? Like you said, why cheapen the brand? Why not just have it as something that's actually incredible? That delivers wow, like you said, pays in stable coins, like what a great concept, right?

• 54:07Speaker 00

  Yeah.

• 54:08Speaker 01

  That's a confident move, isn't it?

• 54:10Speaker 00

  We want to pay them from the get go. We want our, our holders to be happy with it. And we don't need the coin to raise money. We don't need the coin to run the business. The coin enhances the business. And that's why we're able to pay out, you know, for the holders. But we're waiting for a very good amount of traction and things going before we, you know, go down that rabbit hole because again, it's, it's not necessary.

• 54:35Speaker 01

  Yeah.

• 54:36Speaker 00

  And we don't want to be one of those companies that just issues a token for the sake of issuing a token.

• 54:40Speaker 01

  You know, it's, it's wild, Drew. I've had a bunch of companies pitch us in the last couple of weeks for Lender Real Ventures. And some have said, we're not issuing a token because we think we'll be acquired by a web two company. And we don't need this mess that they have to deal with. Because if Google's going to buy us or Amazon's going to buy us and incorporate the services, we're going to keep it strict equity because we're going to build a business that actually makes money. And they're actually going to stay away from it. That was interesting.

• 55:11Speaker 00

  You know, I guess it really depends on the business model. If the token's not actually doing something useful, there's no purpose for it. I mean, you know, it's the same reason on so many different platforms where, you know, you have one thing to go across the board. And I'm sure PayPal is something internally. So you can, you know, go through things. Or if you ever go to, you know, a theme park or if you used to go to an arcade, could they take quarters? Of course, but for some reason, not for some reason, for use of inefficiency, you always got their little token. You know, you swap it out in the front. This is old school. You'd swap it out and then you get their gold coin. You know, ski ball and you're trying to win or the shooting game. I don't know.

• 55:51Speaker 01

  Yeah, I remember all that.

• 55:54Speaker 01

  Drew, what would you say is your single biggest challenge in the next 12 months?

• 56:02Speaker 00

  User adoption. I just want people to understand more about what it is and how easy it is to use and just start, you know, using the system. I think people will love it once they get a handle on it. It's free to use unlike most competitors. So there's nothing, nothing to lose to make a few back tests. If you have good results, make a paper trade. If that works well, maybe you make a live account and then you actually need to plug in your APIs to your exchange because, you know, live needs money. But I really think that's the goal. So, you know, we're going to do a lot of education, tutorials, going around, making sure people know about the system and how easy it is.

• 56:42Speaker 01

  What, what is the exit scenario for this? Is this something you see being acquired by an exchange in the future or by something else? Is this something you want to ride out for 10 years? What do you think happens next in a year of acquisitions? I mean, Jesus, every other month, there's an acquisition. Deribit was bought for 3.6 billion. O'Leary's Wonderfy was bought when I was at a consensus. Now there's rumors that Circle is going to be bought. And now it looks like BlackRock's buying 10% and they're going to IPO. I mean, this is the year and maybe next year.

• 57:17Speaker 00

  I'm very excited about that. We've already had a few acquisition offers. We're definitely not quite ready for acquisition yet.

• 57:27Speaker 00

  But if, you know, we go the route of an acquisition, it's gonna have to be a really big partner who adds value to what we're doing. And I think the CTO and me, Dylan, my co-founder, are gonna be pretty adamant on staying around with the company for at least a certain amount of time to make sure the vision gets through. We wanna make sure that we become the company that you can trade any asset class with any data point. You know, no problem. Every data is actionable. We wanna achieve that goal before we step away, even if there is an acquisition in process. You know, maybe be the next Bloomberg of the future, where you can build your own strategies as well.

• 58:08Speaker 01

  It's exciting. How are you enjoying this new part of your life, where you're building a business and looking for customers, whereas the previous years, we're making a lot of money on your models?

• 58:17Speaker 00

  It's more fulfilling, 100%.

• 58:20Speaker 01

  How so?

• 58:22Speaker 00

  Making money is cool. I love it. Everyone likes making money. But, you know, you're only fulfilled in that when you're making money, and then that you become numb to. And you're just like, "Oh, I made money. I'm not even looking." Like, I don't look at my trade accounts very often in short of performance numbers. I don't look at how much they're going up. I don't care. If I have enough money to live my life, travel where I need to, have a nice house, have a nice car,

• 58:50Speaker 00

  get my girl the purses she always needs.

• 58:53Speaker 01

  Funny how that works.

• 58:55Speaker 00

  Oh yeah, I have to come back with a nice gift after every nice conference if I'm gone too long. But, you know, that's the beauty of it. I forgot what was the question.

• 59:05Speaker 01

  No, you like engaging with, I guess, the people.

• 59:07Speaker 00

  Oh, the most fulfilling part is, I like building something that people are using. I like something tangible. I like what people are able to use. You're not just creating wealth. You're creating something that's... It's so fucking cool, man. It's like you're creating something that's changing the world. So like, on the one hand, you're beating out all the competition to be the next trading platform, possibly next Bloomberg, and then also like, you know, knocking out Ninja Trader, hopefully, and all those other no-code platforms that are not no-code. But at the same time, and this is... You know, if you have any remote bit of altruism,

• 59:45Speaker 00

  you're democratizing finance. So there's so many people that are literally 10 times smarter than anyone I've ever worked with, you know, at the funds and as smart as anyone I was ever at school with.

• 59:56Speaker 05

  What the London Real Investment Club actually does for you, it gives you the keys to open that door to the inside. Deals, in the last three weeks, I've participated in three incredible deals, a layer two Bitcoin protocol, an incredible AI protocol. The deal flow is beyond what I expected. I don't think I've ever seen a model like this that just gives average folks the opportunity to be behind the deals, and that's exactly what we've done. Not only that, you get to hang out with Brian Rose every week. And for me, that was huge, because I look at Brian as somebody who's not only an expert in the space, and I think is on the leading edge, but just the leading edge of thought with London Real and the work he's doing there. To anyone who's taking a serious look at this, I know it's a big decision. It

• 1:00:39Speaker 05

  was a big decision for me and my family, and it is one of the best decisions I've ever made. So I wish you all the best and hope you come join us.

• 1:00:53Speaker 00

  But didn't come from the right family or from the right country. Those guys can get on the platform, you know, and from Philippines, from India, from some country in Indonesia, wherever, where they're freaking geniuses, and they didn't have the right opportunities. They get on the platform, they build the right model, and all of a sudden, this guy from another country who has a lot of money but isn't a good trader can copy trade this gentleman. And then the guy who built the strategy is making money because he's getting paid on volume and return and all that. And the gentleman who copy trades him is making money. And all of a sudden, this guy from whatever country who had no money now has a few thousand dollars to his name. So copy trading, and then he can have his own account, compound that. And now

• 1:01:35Speaker 00

  this guy, maybe he gets a house and he does all these things. Like, that's cool stuff for us. So it's kind of like a win-win. Like, we can make money but also like, really help people who don't have the opportunities a lot of us have had. What do you say to people that say, Drew, it's too late. BlackRock's in now and all the big players, and there's not the opportunities that were back when you were making money a few years ago? What do you say to that? I love BlackRock being in. I like Blackstone being in. I like all the banks being in. Because that means that it's here to stay. I think we've now proven... Between the White House and all the other governments around the entire world accepting crypto and now the biggest financial institutions that literally own like everything.

• 1:02:19Speaker 00

  I mean, BlackRock owns the Panama Canal, more or less. Them getting in their stamp of approval is a huge thing. And you know, from what our conversations are with these actual institutions are, they're not looking to compete with us. They're looking to work with us, utilize us, buy stakes in us. Because a lot of the stuff that we did, you can't do. And if you had the partnerships we did, we would know about it. Because there's either just us in some instances, or like less than five in the world with some of these other people. So, you know very well who is, you know, competing in that regard. You're bringing something really unique to the table. And you know that, and people are recognizing that as well. It ended up turning out like that.

• 1:03:04Speaker 00

  We, and first started out building like an investment tool for our own needs to make sure that we can trade our own thing. And I was like, I want this, I want that. I like, you know, this from TradeStation, this from Think or Swim, this from Barks, this from Aladdin, this from Bloomberg. And we were cherry picking all the ideas we loved. And over the years, it's adding to it. And now, it became a business. And I think that's why I have so much fun with it, because this is what I was doing in my, like, this is probably really dorky. But in my free time, I was building a trading system with the guys. You know, I'd have like, oh, I have time off. I'm gonna go over to England and meet with the guys and we're gonna blueprint this out. This is my free time. And it ended up, you know, growing into a business, which is, I think, part of why

• 1:03:49Speaker 00

  the team is doing so well with it. Because I'd argue that nobody in there is there to make money. They are there to be builders. I mean, funny enough, our lead quant, and I'm not exaggerating this, is, his cat is the most famous cat in the United Kingdom on YouTube. I'm not kidding. He does obstacle courses and everything.

• 1:04:12Speaker 01

  So he's already got it made?

• 1:04:13Speaker 00

  I think he makes enough money off his kitty to substantiate his life well. So just, you know, working with us, he's working with us because he's a builder and he's driven to make something special. And that's what everyone in the company is like. So I think that's also what makes it more fun.

• 1:04:28Speaker 01

  That's always how the best products are made. Always. What do you think of the state of the crypto markets? What do you think's happening in the next couple of years? Do you think that four-year cycle is happening? Are we in a super cycle because there's so many new players and new variables?

• 1:04:45Speaker 01

  Or do you not think about it because your job is just to build models? And all you care about is volatility?

• 1:04:50Speaker 00

  Super, I mean, cycles are cool. I think when people are talking about, they're talking about a lot of this for like meme coin making weird rallies. And they're on the backs of like other main coins driving them. So like meme coins are great, I guess, if you want to go, you know, it's like, you know, online Vegas. So you can make a lot of money, you can lose it all, play at your own risk. I like, I think the market is in a bull market. I think we've had our pets.com moment.

• 1:05:21Speaker 00

  And I would argue that a lot of liquidity is freed up from these goofy projects that had no tech or anything. And people are now investing and looking to get behind real projects. Cause there's a lot of amazing solutions that are coming from AI, from, from infrastructure, from crypto, blockchain, what have you. And this is where I'd be investing is like something that's like going to change the world. Like, do you need crypto to make for this project to work? No, but with crypto, it's an enhancement, you know, same thing that Google did. Same, you know, Google literally just made a better version of what the Yellow Pages. I mean, obviously they've done a million things since then, but that's all they originally were doing.

• 1:06:03Speaker 01

  Yeah.

• 1:06:03Speaker 00

  We're just trying to make a better version.

• 1:06:05Speaker 01

  What do you think, how high does this bull market go? Do you have ideas in your mind on? Bitcoin highs on this cycle or in the next couple of years?

• 1:06:15Speaker 00

  I mean, I really think Bitcoin has room to grow, and I think it's definitely going to be bullish for a while. I think people might be disappointed in the rate that it grows because I think as it gets into these higher numbers, it's going to slow down growth. Is it going to keep going up? Yes, I think so. But I think it's not going to be growing at like 20, 30% like some of the other newer coins are. But at the same time, some of the newer coins are a lot more risky. So it's playing the game. What I do like is that the market's maturing, it's adulting. So technical patterns are actually more respected. You can use this stuff to trade. There's less and less of these stupid scams and schemes.

• 1:07:01Speaker 00

  You're able to get banking, you're able to get insured. A lot of these barriers for the crypto market that made it so much harder for a crypto company to succeed are diminishing. I mean, there's even solutions for treasury management right now. I mean, with everything else that crypto companies face, for them to convert from their coin to a stablecoin to fiat, they'd be paying 3% to 5% plus. No, more than 3%, 5% plus percent. It's just a lot, a lot of money.

• 1:07:31Speaker 01

  Yeah, very much so. Some people say that Bitcoin has been outperforming everything and Bitcoin has been dominating. You can see Bitcoin dominance is still quite high. And it's made this altcoin season, it's made people question whether it's even going to come. Do you have thoughts on that? Because you mentioned you trade, say, the top 100 cryptos and there's quite a few.

• 1:07:52Speaker 00

  Oh, I trade the top 5.

• 1:07:53Speaker 01

  5, okay. 5 for Liquid. All right, okay. All right, I coin Solana, Ethereum, XRP?

• 1:08:00Speaker 00

  No, I don't trust. I have an actual financial perspective on XRP. I also know people that work there.

• 1:08:13Speaker 00

  XRP and Ripple are not the same thing. Ripple technology is working more efficiently. Will XRP go up? It's very possible, but because there's so many coins issued for XRP to go up, they would have to have a market cap that would be bigger than Apple. That's possible.

• 1:08:35Speaker 00

  I wouldn't bet on that personally. I mean, I might be wrong, but that's a, that's a big feat. I mean, Apple's Apple.

• 1:08:42Speaker 01

  Yeah.

• 1:08:43Speaker 00

  Alright, so you stay away from trading XRP. I like, I mean, personally, I like trading Bitcoin and Solana. Those, those are, I know those are gonna go up if there's a weird flash crash. There's plenty of price action. My more aggressive models could be, you know, either one of those. I'm not gonna have liquidity issues because, you know, I'm trading a reasonable number.

• 1:09:02Speaker 01

  Yeah.

• 1:09:02Speaker 00

  And, you know, but I would say for trading algorithms, you definitely wanna have a pair with liquidity.

• 1:09:08Speaker 01

  Yeah.

• 1:09:08Speaker 00

  Because you don't wanna be stuck.

• 1:09:09Speaker 01

  Okay, so those are the two you favor. Do you play with Ethereum or anything else?

• 1:09:14Speaker 00

  Ethereum's great. Um, you know, it works. Um, I'd say Ethereum is more of a buy and hold strategy. Um, because it does not move as fast and it's weird kind of a coin. It can go up 20% in a day with little notice. You know, you have 50 different announcements that this person, this person, this person's bought Ethereum. It should go up, it doesn't move.

• 1:09:36Speaker 01

  Yeah.

• 1:09:36Speaker 00

  Then randomly it goes up 20%. Was it last week or the week before?

• 1:09:40Speaker 01

  50% in seven days.

• 1:09:42Speaker 00

  Yeah, so, so I had, I am fully supportive of it. I hold it. Um, I just, I wouldn't trade it like Bitcoin and Solana.

• 1:09:51Speaker 01

  Right, harder to trade.

• 1:09:52Speaker 00

  It's a harder trade.

• 1:09:53Speaker 01

  Okay, and you've learned that over the years?

• 1:09:55Speaker 00

  I've learned that over the years. I think that's one of the things with MonoQuant. The benefit of it versus like trying to trade it yourself. Um, because, you know, you're either building an algorithm and you're gonna lose some in, you know, some of the translation or you're sitting at a desk. Um, but all those little things that people have learned over the years. I don't think any of us are brand new to crypto anymore. Um, it's like, what do I see in a chart? What do I see in the news that makes me wanna buy? You can make that an algorithm.

• 1:10:22Speaker 01

  Okay. How do you feel about those other coins as we go down to say the 50 top market caps in coin market cap? Do you think they're gonna have their day? There's a lot of great utility projects in there. Do you think potentially those are worth trading on algos, a smaller size? What are your thoughts?

• 1:10:38Speaker 00

  Absolutely. Uh, top 100 coins, as long as they have the right volume and market cap, they're worth trading. Uh, in terms of long-term holding, I would look at these coins, uh, like I would look at a VC investment. Is this coin gonna be here in five years? Does their tech exist? Is that a real business model? If yes, yeah, you can hold it, but you know, for me, outside of major coins that I know are going to be here in 20 years, I'm, I'm in and out and, and I like to play with the, the majors, but I'm also not looking for some of the returns, some of the other people are looking at with some of their smaller coins. I, I've, I've been around long enough. I'm happy with, you know,

• 1:11:19Speaker 00

  singles, doubles, triples, just getting on base consistently is to me, is more rewarding than looking for home runs. I'm not trying to do Mark McGuire or Sammy Sosa, spoken like a true trader. I love it. I love it, Drew. Five years from now, if I just checked out and came back in and took a look, what does Monocot look like if everything goes according to plan? We are the go-to financial system. We are soup to nuts, what you use for trading.

• 1:11:48Speaker 00

  You know, short of being a quant, quant fund yourself, you can gain value in this, whether you're a retail trader or a family office, a prosumer, hedge funds, depending on, you know, you know, who you have there, but you know, you can go cross asset class soon enough. You can build an algorithm for anything, treasury management, you know, portfolio rebalancing. If you want to have alpha generation, you can build several models within one strategy, you know, this part's for flash crashes, this is for trending, and this is for that random times when it starts to go up, like, you know, Ethereum jumped 50% in a week. I have a strategy that would have been in that and would not have exited until it had a certain amount of indications

• 1:12:30Speaker 00

  turning it out. We don't have, you don't have to have a take profit or an exit anymore. You can just have exit logic. So until the market turns down, you could ride a 50, 60% trade, which as you've seen with Ethereum, crazy, but true. Yeah, it is crazy. And you can only do that with these really specialized models. And the days of the stop-loss order hopefully are behind us because it's just such a caveman approach to trade. I mean, how can you have a stop loss with a market that like, you know, in the traditional markets, we used to know that like, the range is 20 handles. You have to factor stop loss for five, six handles. A handle is one point for non traders.

• 1:13:14Speaker 01

  Like a percentage a lot of times?

• 1:13:16Speaker 00

  Yeah, you knew, but you knew this was your range and you knew this never left this range, but like one or two days a year. And you were usually okay. With crypto, the range, you don't really know it and the range can change by the day. So yes, you can have stop losses, but being able to define exit logic, the way you define entry logic, gives you a big opportunity to really like, you can truly define it. Do you want to have a certain amount of candles? Like I have strategies myself where it's like five green candles is, is an exit and people be like, why would you sell it? There's five green candles. I was like, because the market's overbought. You know this.

• 1:13:58Speaker 00

  And I can have, you know, don't sell without a MACD turning down. Well, again, that's an obvious one. And if you're ever looking at a chart, the MACD tends to turn down before the price drops. So usually you're the first one out. Yes, can the market actually go up still once the MACD is turned down? Of course. But I don't want to be that guy. I just want the meat and potatoes. Yeah, that's another old school term.

• 1:14:18Speaker 01

  Yeah. You texted me the other day a couple of months ago and you were like, Brian, it's so obvious to me when I look at this market, it's almost like you're Neo in the matrix. Like you can see it right in front of you, just obvious things happening where most people, all they see is the matrix. Because they don't have all of these signals and details that you've picked out. They just see the charts that are presented to them on the exchanges and they see the indicators to get them to do this and that. But like with your models, you can see clear strategies to make money.

• 1:14:52Speaker 00

  Yeah, it's like everything, like everything's bigger than that. Like if you're just like looking, you know, if you're just looking at the charts on a, on a exchange, you're a horse with blinders on, you're just seeing this, but like, what you have to realize is besides the actual technical stuff, macros affect the entire trading, capital markets, whatever, a lot more across the board, it doesn't matter the asset class now. But crypto is, I'd argue, hypersensitive to all sorts of news. And, you know, all of this stuff is actionable. I mean, if you remember when Bybit had that wallet hack?

• 1:15:29Speaker 01

  Yeah.

• 1:15:30Speaker 00

  Okay, that could have been a great buying opportunity. So that would have been an outflow from Bybit, very obvious one. Hey, a good percentage of your book is outflowed. So like, you could have that as your part of your flash crash, Black Swan event. I mean, you know, or inflows with BlackRock. If BlackRock does dot, dot, dot, inflows of Bitcoin, you buy. And you know what? Probably will rally the market. BlackRock's pretty respectable, you know, old school. I don't think too many people can argue they're not pretty smart.

• 1:15:59Speaker 01

  Yeah. What an amazing to have those indicators, because I remember that Bybit thing. And you could have been tracking that on chain.

• 1:16:05Speaker 00

  You could have tracked all of this.

• 1:16:06Speaker 01

  Yeah, because I think it was even published with news before they said anything. Because people saw that it happened to them before they even announced that it happened to them.

• 1:16:14Speaker 00

  This was known because all of these data providers we have, they're some of the best in the world. And they track all of this stuff. And if you're watching their websites, right? Or you have maybe their alerts set up, some of them offer alerts, you will see this. And it's phenomenal, I'd argue some of the best data in the world. However, it's not actionable. That's the issue. So by having it as a node on our platform, you know, rather than seeing this happen on the website, you know, have that thing about having multiple screens. So you don't have to be looking at the screen, see this happened here. Kind of like the Squawk box used to be. You'd see this news announcements across the screen, like, oh, this happened here. Okay, let me react. It's like, by the time you're seeing it here, that your system has reacted.

• 1:16:56Speaker 01

  Yeah.

• 1:16:56Speaker 00

  Um, I, I forget the insane, um, timing, Dylan, if he was here, could give it to you. But basically, in the time that you can blink your eye.

• 1:17:09Speaker 00

  Faster than you can click a button. The system will have ingested all of that data, made a decision, executed the trade with the exchange and given you back information that it's been done. So like you just can't compete with that because for us we had the blinker eye, look, click.

• 1:17:27Speaker 01

  This is what we need and again, I want to just maybe explain to people that never have been in the trading business. I mean, traditionally, the pit traders in Chicago, what they would do is they would sit in this big pit with 200 guys in there and they would know, they would look up, up there where all the brokers were there and they would see the Goldman guys and the these guys and these guys and they would watch, okay. Who are the orders coming from? What are they doing? What are we hearing in the pits? What's the buying, what's the selling, what's the volume? And that was the way that they would try to get the edge. As a trader on Wall Street, right? You have the squawk boxes, so the guys are shouting down what's happening. You're looking at the screen, you hear the FX guys talking over here, you hear the Bloomberg guys. Then take another 10 years later, you got guys in the city with 12 screens because they're trying to watch the news, trying to...

• 1:18:10Speaker 01

  These are all incredibly imperfect ways to try to trade the market, but back then that's maybe all that was available. Nowadays, you're saying, take all that information, which was probably 1/10 of 1%.

• 1:18:21Speaker 00

  Yeah, exactly.

• 1:18:23Speaker 01

  And it was slow through a human filter. And that assumes you're not in the bathroom, you're not at lunch, you're not asleep.

• 1:18:29Speaker 00

  It's the same thing, it's like all of that information, but just like nowadays, there's a lot more information available, all that information on steroids. So, you know, if you look at when we did use to listen to the outcry or the squawk box, right? I knew who the best traders were, I knew who the big traders were, I knew who the good traders were and they'd be like, "Oh, 50 cars, 100 cars." You know, those are, you know, we knew the traders were, we knew who to listen to. It's the same thing with like inflows or wallet action. So depending on our data provider, you can track wallets, you can track inflows and outflows and it's the same thing. Everyone knows certain people are doing certain things, it's most likely to have a bullish effect. And certain people saying certain things is most likely to have a bearish effect. So it's very obvious and then yeah, that's

• 1:19:14Speaker 00

  the most beautiful thing and like you said, bathroom, sleeping, lunch, dinner, whatever.

• 1:19:20Speaker 01

  Yeah, or bad day, or not paying attention, or I didn't sleep well, or I had a fight with my girlfriend. All these things mess with your mental...

• 1:19:27Speaker 00

  You can't sit glued to a screen and if you do, you will be...

• 1:19:32Speaker 01

  Having issues mentally. I remember I moved from Bankers Trust to the First National Bank of Chicago. So here I was in Chicago, and again, it was a little out of the loop of Manhattan, but we got, we were literally like two blocks away from the pits. And so sometimes after, after work, you'd have drinks with them. Now, they would get off at three and start drinking at 3:15. You know, this is the way they worked. But I remember I knew some of the big locals down there. Guys that had been doing it for 10, 20 years, that had made 10, 20, 30 million dollars. And one of the guys said, he's like, "I only show up on the floor if I'm clear mentally."

• 1:20:05Speaker 05

  Investment Club. Today, I consider it the best investment that I've ever made. We get four projects presented a week by their associated CEOs. Personally, I'm completely blown away by the quality of these projects. And I know of nowhere else where I would be given this same opportunity. Each week that passes, I feel more appreciative of the fact that I'm a member of this group. The vibe was just tremendous. Everybody's on the same wavelength. We just clicked. Everybody listened to each other, enjoyed their company. It was just magical, magical. Take action. Don't take my word for it. Do diligence you need to do. And I really hope that someday down the road, I see you in the club. It far exceeded expectations, without question.

• 1:20:53Speaker 01

  If I've had a big argument with the misses the night before, or if I'm angry, or if I'm feeling sick, or I haven't slept, I literally won't show up. Because I know when I do, I lose money.

• 1:21:05Speaker 01

  And that just shows you how, how that, that human, that human component is such a big factor in why most people probably make terrible decisions.

• 1:21:13Speaker 00

  No, no, you're 100% right. People, back in the day when you were discretionary trading, you had rules. Like, if you lost this much, you would have to sit out for this. If you lost two days in a row, you'd have to sit out for this. If you won this much, you'd have to sit out for this.

• 1:21:31Speaker 01

  Interesting.

• 1:21:31Speaker 00

  We had these rules. Why? Because everything was mental. Everything would screw you up. If you came into the office and you looked like crap because everyone knew that you got into an argument with your woman... Your biological woman, um, then you would have an issue because you're not going to focus. You're thinking about all that crap. Maybe she's blowing your phone up, whatever it is.

• 1:21:51Speaker 01

  Yeah.

• 1:21:51Speaker 00

  You know, you have issues. So this eliminates those issues because I don't care if you're the best trader in the world. Somebody's always going to have bad days and this algorithm eliminates that. And, and for people who are maybe the best traders, okay, you can, you can quantify your strategy. So, you know, even the best traders got to go to dinner, got to eat, got to sleep. They can quantify it very easily and then they can probably be better traders because they're trading more.

• 1:22:17Speaker 01

  Yeah. I want to close with a, uh, something you said right in the beginning. You said, look, people investing in crypto, they're going to buy anyways. So you go on and you buy some Bitcoin. Maybe it's the first time you buy a hundred bucks of Bitcoin. Then you see some Solana, you buy some Solana and then you start upping your portfolio. You're gonna make these decisions anyways. So why not have something behind it? That's going to tell you more about the right times to get in, the right times to get out. It's like driving right now without Google Maps. It's like you gotta be crazy not to do something like that.

• 1:22:47Speaker 00

  Yeah. I mean, even if you're, even if your goal is to be like a Michael Saylor strategies. And we have institutions wanting us to use us for these types of things. And you're basically, your goal is to buy and hold more or less. You can set up the same thing with treasury management. You can set up the system and you could be buying the dips for Bitcoin and selling 20% after it's run X amount and then rebuying that 20% when it dips. And then selling it when it pops that same 20% and then that will compound a lot if you're doing it. And these can be models that you can make pretty quickly depending on your expertise. But, you know, it's not very hard to say if Bitcoin drops 5% in a day, buy it.

• 1:23:31Speaker 00

  Usually we all know that's going to happen and you know Bitcoin drops, we also know that it's going to probably recover. You know, so long as you're not being greedy, you won't have these issues.

• 1:23:41Speaker 01

  Yeah. Greed is one of the biggest, uh, issues with trading.

• 1:23:45Speaker 00

  It's a killer, huh?

• 1:23:45Speaker 01

  Yeah, just a killer.

• 1:23:47Speaker 00

  Fear and greed, right?

• 1:23:48Speaker 01

  Yeah.

• 1:23:49Speaker 00

  But greed is worse than fear. I'd say greed's for the worst.

• 1:23:52Speaker 01

  That's wild. You know what I think I should do? I'm just throwing this out there as an idea. I think I should. Set up an account with you and trade and start talking about it publicly and maybe even posting my results. And just showing people the method behind the madness with the continual message that, okay, now you're in crypto. Welcome to a whole new world where the old school of trading won't work. And just talk about what's happening and talk about the results and talk about some of the things that happened in that trading account. And just show people that there could be a new way to do this.

• 1:24:27Speaker 00

  Yeah, I mean, I think, and I think you'd be surprised how easy it is like, I mean, I have a trending model, which is a little bit more advanced. There's like, you know, Hearst, Special and some other stuff in there. But for more interesting, not interesting, but more simplistic models, you could literally just have something that capturing with two nodes.

• 1:24:49Speaker 00

  Capturing flash crashes and then another one is basically the revert, the inverse of that, sorry.

• 1:24:54Speaker 01

  Okay.

• 1:24:56Speaker 00

  It is basically, you know, the market is

• 1:24:58Speaker 01

  Flash rally?

• 1:24:58Speaker 00

  Yeah, why? There's no technical pattern. There's no macro news.

• 1:25:03Speaker 01

  Yeah.

• 1:25:03Speaker 00

  Why? Probably because some random whale bought da, da, da, da, da. The market's gonna jump 5, 10%. And then I don't want to be buying after that. So just like you can capture flash crashes, you can have a model that's just basically when the market starts to go like that. If it's like done in, you know, X amount of time, you buy it. So, you know, and again, as long as you're not looking if it's gonna rip 10%, if you're looking to make 5% in that 10, meat and potatoes, you'll be good. And those are, those parts of the models took me five minutes to build.

• 1:25:33Speaker 01

  That'd be amazing. It'd be nice also to report back and say, okay, by the way, yesterday, this happened. And the algorithm showed to do this, and that's how we made the money. Well, this happened and we didn't jump in on that because the algorithm knew not to do the stop.

• 1:25:46Speaker 00

  I, it makes it so much easier. I have basically an automated version of what I do discretionary.

• 1:25:55Speaker 00

  It made about

• 1:26:00Speaker 00

  let's just say it made 3X more in the last 45 days than it made in all the other months. And it made like, face, whatever, I can be cannon. It made about 7, 800% from January 1st through

• 1:26:19Speaker 00

  Mid March-ish, which is when the rallies started, I think it was March-ish. And then March through, I was like mid, late March, whenever the rally started and from then, the, um, the results have been like 5X. Because, and then that's, I think, how you define a good strategy. If you can make money, good money in the bear market, you will make money in the bull market. You know, um, and I think a lot of people can do this. I don't think it's necessarily that I'm the best trader per se. I think it's that this tools allows you to do things that are not necessarily available to anyone except for like top quant funds in the world. If they can build this because they're, you know, that expertise, that budget, sure. For everyone else, I don't think so.

• 1:27:02Speaker 01

  Is the high-speed trading component or the fact of you're getting little bits of information, is that something where you're at a disadvantage to some of these bigger funds? Do they have quicker information than what I'll get necessarily?

• 1:27:13Speaker 00

  No.

• 1:27:13Speaker 01

  Okay.

• 1:27:14Speaker 00

  I don't think anyone on earth can compete with our latency. Um, the guys that do, that does the infrastructure for these people, that's who did our infrastructure. So we have the fastest possible stuff in the world. And in terms of data providers, if these funds are doing it, they are using some of the same data providers. So for data we collect, we have all of our own data straight from the exchanges. We process, store, we do everything there. But for the alternative data, we have who I would argue some of the best in the world, like Arkham, you know, um, some very well-known people, uh, who've made some very big AI companies are some of their main investors.

• 1:27:57Speaker 00

  Um, and they're just some of the best, uh, data in the world. No one really has these partnerships with these guys. We do. I know this because I'm friends, friendly with the, the founders, the CEOs, and no one, no one's thought to do this. No one's thought to take the best data and make it actionable. And I think that's one of the issues we've had for years is, you know, for the last couple of years, we've been a data-driven world, like everyone's like making data, collecting data, but like, I think the question's been probably on the minds for, well, probably 10 years now, is what do we do with this data?

• 1:28:29Speaker 01

  Yeah.

• 1:28:29Speaker 00

  Yeah.

• 1:28:30Speaker 01

  Now you have a solution.

• 1:28:33Speaker 00

  Okay.

• 1:28:33Speaker 01

  I think you pique the interest of a lot of people here.

• 1:28:37Speaker 01

  How can they start playing with Monoc quant? Website, Twitter, what's the best way to jump in right now? And start building these models, copy trading, getting familiar and start testing this.

• 1:28:49Speaker 00

  If you go to moniquant.com or you go to our Twitter, you can see a simple link to the beta. You make a user account with your email. It's very, very easy. You can run back tests, see how you do. If that goes well, you run some paper tests, see how that goes. We'll have live ready in a couple of weeks. And we're just adding exchange by exchange. You know, it's a, we're going a little slower just simply because it's a trading platform. There's no margin for errors. So, you know, by the time everyone else sees it live, it's been tested 10 billion times over. We're not allowing them to make mistakes. Like mistakes are made internally.

• 1:29:34Speaker 00

  If we're going to find a bug, we're going to try to expose it before you guys all get access to that. That's why the live is taking a little longer.

• 1:29:41Speaker 01

  Nice. Good. I'm glad you're taking that time. Drew, super excited about what you built. Congrats on what you've built and putting the time in and offering all these incredible, you know, tools, like you said, to normal, everyday person. It's one thing to talk about democratizing access to trading. It's another thing to actually do it. And I can see this happening. And I can see some dude in the Philippines that's brain rich and cash poor, connecting with some trust fund kid in LA who's rich, cash rich and brain poor. And everybody like creating all these amazing moments.

• 1:30:15Speaker 00

  I didn't want to say that, but that's kind of what it is.

• 1:30:18Speaker 01

  I said it.

• 1:30:20Speaker 00

  But that's, that's the type of guy I was thinking of. It's like some guy who's got a lot of money, who maybe isn't necessarily. As savvy as someone from a country who, you know what, they're known for being smart in math. There's a lot of countries that are brilliant people and, you know, have some of the best tech schools and whatever in the world, but they didn't come from the right family or the right country or city. And they'll never have this opportunity, but if you have a computer and you have an account at any of these major exchanges, you can build a copy trading model very easily. You don't need money to do it. You just need to be smart. And I think connecting that dot, that is what democratizes it the most because then you do have, you know,

• 1:31:04Speaker 00

  I mean, it would be a great story. I would love to see someone from, from one of these, you know, more impoverished backgrounds becoming like, you know, a success story. That would be amazing.

• 1:31:14Speaker 01

  I think you're going to make a bunch of those, for sure. All right, I'm jumping in and I'm going to start creating models and doing some copy trading and then also start posting this on social and I just want to show people what we're doing. Drew, I'm super excited to be on this journey with you. It's, it's really getting me back to what I did as a kid and just back to those trading markets or stuff. I've stayed away for so long because, look, I'm smart enough to know that if I tried to trade crypto right now with my personal time, I would fall flat on my face. And so I've always stayed away from it, which is a shame because I watch the markets and I need to know what they're doing, but I just can't take action. And it's a shame because I feel like I'm missing out. And so now I feel like I can do that and still run my life and run my business.

• 1:31:59Speaker 01

  And that's a powerful thing.

• 1:32:00Speaker 00

  That's, that's the beauty of it. I think for guys that know how to trade, actually a lot of people that I know know how to trade, but they don't have time to trade. Like the few free hours you have, I'm not trading, right? Like I get, like I get that. So, you know, if you know how to trade, you know, what do I look for in a, in a chart or macro wise that makes me want to buy dot, dot, a asset class? And then you can easily, it's not like you're trying to code it to quantify it. You're like clicking a dropdown and dragging over. It's called whatever it is. It's not very hard. To disseminate, I mean, it's called RSI. You know, I want to do an RSI clue. And then, you know, the button's called signal. You drag it over.

• 1:32:43Speaker 00

  It's, it's, it's pretty explanatory. So I think that's the beauty of it. You have all your time back and then, you know, you do monitor it every now and again. And there's lots of risk systems in place, not just on your level, but on our level. So like, if it looks like you've done something silly, um, we're not going to let you execute a trade if you've inverted certain, um, data or indicators. We're going to break, like, not break it, but we're going to, uh, flag it, flash red, and you're not going to be able to go. Um, and if it looks like you maybe built a really bad model and you're getting liquidated, we may, you know, push alert you so you know what's up and you can fix it. And that's why there's a kill switch in case you do decide to make some, a little bit too risky stuff.

• 1:33:25Speaker 01

  Nice, man. Wow, it's incredible features. Wow. All right, man, the future's now. I'm excited. I think everybody should go right now. Check it out, set up that account, and I can't wait for you to be live as well. So, uh, look, man, we're pumped for the journey. Can't wait to see where you take this place. And I'm excited, actually, to get back into trading because I haven't done it for so long.

• 1:33:44Speaker 00

  It's very exciting. It gives people that, uh, have not been trading the opportunity to get back into it and maybe people that are not traders, you know, to try it out. And then obviously the traders themselves, I think they're going to love it because everyone's looking for platforms out there and not many of them are delivering actual quality. Uh, they're front-running, they all have their own whatever issues or fees. Um, our fees are pretty straightforward and small. There are none. So, um, I think that, you know, makes it pretty easy to see, you know, it's worth trying. You have nothing to lose. There's no cost. It's just maybe you found a solution that's going to make you a lot of money.

• 1:34:20Speaker 01

  Amazing, man. All right, I love it. Let's sit down here, maybe in a year from now, and find out where we are. Until then, I'm going to jump in. Congrats on this success. Congrats to the future. And, uh, we're really glad we're on board with you, Jerry. Thanks.

• 1:34:32Speaker 00

  Absolutely. All right, man, I appreciate it. Let's do it.

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