Carpet Diem! Does the FOMC matter?

In this podcast episode, the hosts discuss various developments in the traditional markets and cryptocurrency industry. They mention the recent launch of GM Web3's STUBS and highlight the FOMC meeting taking place today, with expectations for a 25 bps hike in interest rates. The guests also discuss the shift in monetary policy on a global scale and the impact on the long-term outcomes and trends.We touched upon the NFT market and the recent trend of declining prices for popular collections like Pudgies and Bored Apes, while Nouns claim the biggest up move. Additionally, they mention the launch of a Bitcoin marketplace on Magic Eden and Sony Interactive Entertainment's patent filing for NFTs that can be transferred between different games and consoles.The hosts are joined by guest Orkhant, who talks about his work that combines middle eastern art influence with generative tech. They discuss his recent piece, "Eastern Promises," and his latest drop, "1001 Magic Carpets," created based on generative code similar to art blocks. The episode ends with a humorous quip about discussing digital rugs on Rug Radio.Orkhan is on @ 1:06:17GM Hosted on Acast. See acast.com/privacy for more information.https://linktr.ee/rugradio