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- CwC Listener's $40K BAYC Win, Pirate Nation Shutdown & Fed Signals at Jackson Hole
CwC Listener's $40K BAYC Win, Pirate Nation Shutdown & Fed Signals at Jackson Hole
CwC Weekly
August 22, 2025
Market pullback tests conviction
Listener wins $40K BAYC on ApeChain
DeFi yield plays
Pirate Nation shuts down
MetaMask launches stablecoin
GameStop currency cards
Other Games fuels community-driven play
Jackson Hole Fed Meeting
Watch & Listen Now: Markets opened red but hosts framed the pullback as leverage flushing out weak hands, not fading fundamentals, setting the stage for conviction tests heading into Jackson Hole. ApeChain guests Shpend and Dutchee introduced the Wheel of Fate rewards system, which soon delivered a $40K BAYC win to a Coffee with Captain listener. Midweek brought sharp debates on rate cut odds, DeFi yield strategies, and overlooked airdrops, while the Pirate Nation shutdown and MetaMask’s stablecoin launch drove major headlines. The week wrapped with Powell’s signals, GameStop’s crypto trading cards, and a spotlight on Other Games’ community-driven approach to the metaverse.
☕️ Brewing This Week
📰 Monday
Source: Proof of Play on X
Market Pullback Tests Crypto Conviction + ApeChain’s Wheel of Fate
Special Guests:
Shpend - ApeChain Community Lead: https://x.com/NGBxShpend
Dutchee - Director of Product Innovation at ApeChain & ApeCoin: https://x.com/DutcheeWasHERE
Markets kicked off the week with a sharp pullback, but Cap and Steve emphasized that the red candles were more about leverage flush-outs than fading fundamentals, framing it as a test of conviction heading into Jackson Hole. They also touched on the need for stronger leadership and consistent activations at BAYC before turning to ApeChain’s Shpend and Dutchee for the latest ecosystem updates. The interview introduced the Peanuts token’s floor-balancing liquidity mechanism and unveiled the Spotlight “Wheel of Fate,” a new rewards system where participants receive ApeChain Balls to gamify engagement and incentivize community participation.
💡 Tuesday
CwC Listener Wins $40K BAYC on Wheel of Fate + Spoiled Banana Society’s Onchain DFS
Special Guests:
Richard Vagner - Cofounder of Spoiled Banana Society: https://x.com/RichVagner
Boris Vagner - Founder of Spoiled Banana Society & Social Lead for Yuga Labs: https://x.com/BorisVagner
Spoiled Banana Society - Onchain Fantasy Football Contest: https://x.com/SBSFantasy
A Coffee with Captain listener spun ApeChain’s Wheel of Fate and won a BAYC worth over $40,000, sparking excitement around onchain rewards and community engagement. The hosts discussed how ETH and BTC are drifting in “shop season,” where smart plays are often made while others wait on the sidelines, and highlighted Doodles’ Upcycle program for creating consistent holder value. Richard and Boris Vagner later joined to showcase Spoiled Banana Society, an onchain fantasy football platform combining best ball drafting, ETH prize pools, and transparent ownership to reimagine the DFS experience for Web3.
🔗 Wednesday
Rate Cut Uncertainty + DeFi Yield Plays
Markets pulled back ahead of Powell’s Jackson Hole speech, sparking debate on whether September rate cuts remain likely. Cap argued the dip was an overreaction, while Easy suggested holding off until Friday for clarity. The episode explored ETH’s rise from $1,400 to $4,100, strategies for playing DeFi yields, and why lesser-known airdrop opportunities like Polygon and Katana may deliver outsized rewards. The hosts also touched on the evolution of onchain loyalty mechanics, ApeChain’s DeFi expansion, Guido’s burn-to-redeem experiment, OpenSea farming drama, and the still-unclaimed Wheel of Fate Ape.
🤖 Thursday
Source: Pirate Nation on X
Pirate Nation Shutdown, MetaMask Stablecoin & DeFi Yield Debates
Cap and Steve unpack Proof of Play’s decision to shut down Pirate Nation, weighing the challenges of running a fully onchain game against the team’s pivot to B2B infrastructure and future token prospects. They then shift to MetaMask’s new stablecoin, MUSD, debating whether it marks real progress or falls short of long-rumored token expectations. Steve shares his latest DeFi yield experiments, contrasting real yield strategies with speculative airdrop farming. The episode also highlights the sellout success of REKT Drinks and the collapse of Kanye West’s latest memecoin.
🥳 Friday
Source: Natalie Behring / Contributor / Getty Images
Fed Signals at Jackson Hole, GameStop Crypto Cards & Other Games Spotlight
Markets braced for Powell’s Jackson Hole remarks as traders debated whether short-term chop or September decisions would drive the next big move. Conversation turned to GameStop’s new “currency” trading cards, which sparked discussion on resale values, odds, and the chase for BTC grails. Cap and Steve also weighed in on MetaMask’s latest update, calling it clunky and highlighting why many users are moving to Rabby as a cleaner wallet option. The episode wrapped with a spotlight on Other Games, a community-driven hub on the Otherside where players create and compete in custom events, quests, and challenges.
🎓 Quick Take For Newcomers
Conviction in Red Markets: Red days can feel scary, but most pullbacks come from leverage washouts, not collapsing fundamentals. In crypto, these flushes clear out excess risk and often set the stage for the next move higher. The key is to zoom out, trust your research, and avoid getting shaken out by short-term noise. Staying patient through volatility is what separates long-term winners from traders chasing every candle.
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Have a wonderful, wonderful weekend everybody!
DISCLAIMER: This newsletter contains information presented solely for educational purposes and should not be interpreted as financial or investment advice. Any investment decisions should be made after consulting with qualified professionals. Please be aware that I may own several digital assets discussed in this publication.