Recap Community Hour/Dec., 22nd
Roman:
Hi family, glad to be here. First off, so sorry for not hanging around here so often. I am really pushing the development side of MintedVodka so there is barely time on my hands for anything else. 😵 😄
The idea to organise this AMA was to give stage and opportunity for the community to ask development related questions. And I can talk about what was happening behind the dev curtains in the past few weeks.
So, if you have questions on your mind, shoot and I will try to answer them as far as I can ^^
Otherwise I will just talk about stuff! 😄
Wit:
Let us focus on the roadmap, first, perhaps ?
We have updated the roadmap a little on our main site: https://gat.network .
You may still see that some things are “in development”, that were supposed to be finished in Q4.
Do not get discouraged, though. Most of it will not take long to go live. We are talking about January here. However, this does mean that our roadmap for Q4 cannot be completed 100%, if we are strict about it.
In Q4 of this year there has been one unexpected development: the Binance Labs Incubation. While it gives us countless benefits and opens quite a few doors, it also requires al lot of effort on our side. Furthermore, we have upgraded our plans regarding MV on the technical side.
Roman, can you tell us more about MV2 ?
Roman:
Yup, so we had a HUGE upgrade on the infrastructure side to make MintedVodka multi-chain. This was not planned in Q3 as Q4 roadmap was being set up. To make it flexible enough, all the 3 layers had to be adapted and improved: the contracts layer, the backend layer and the UI.
The re-design of the infrastructure took a lot of time, but was definitely worth it. The way we are set up now will allow us to onboard additional networks/chains in a matter of few days. Furthermore it adds the wallet functionalities and opens doors to true cross-chain trades.
The cross-chain trades were not planned for until at least Summer next year, but the infrastructure work for these kind of deals is now 66% done — all thanks to the work that has been put in until now.
Wit:
Multi-chain was not planned, but is essential for the future. Those of you, who have listened to fireside chat with CZ may have heard that the future is “multi-chain”. This is a message that we have heard from many key people in the industry over the past weeks.
Big NFT market competitors have a harder time going multi-chain. Our flexible tech is designed with multichain approach right from the start.
Now, we can onboard new chains to MV2 within hours.
As a matter of fact, we are discussing partnerships with a few chains out there
MV2 is planned with quite a few features that shall encourage trade, collaboration, gamification and creativity. Surrounded by gamification experience. We envision MV2 as a DAPP and NFT magnet for different ecosystems.
Roman:
So, basically we used Q4 to push the ecosystem in the direction of multi-chain — to follow the same principle of “insane flexibility” that we envisioned for MintedVodka from the start with “anything for anything” deals.
Within the next two weeks we will launch MV2 preview with the fully functional wallet for 3 chains and flexible trades for BSC and Polygon running on the new infrastructure.
New chains will be added quickly. As @witwit7 said, the talks are ongoing and the onboarding is very easy
Wit:
Yes, but we also want to collaborate with chains regarding marketing. We can become an important piece of NFT and gaming infrastructure in different ecosystems. MV2 can bring chains, creators, collectors and players together — and give them a myriad of tools to engage and create the future of NFTs.
Roman:
MV2 removes the creator’s risk to decide which chain to use. The minted assets on MV will be directly bridge-able to any other supported chain.
So create anywhere. Then bridge, trade and use anywhere else.
Promesx:
NFTtrade is also a product for multichain NFT market. What are the advantages of MV comparing to this product?
Wit:
1.We are more flexible on the deal side. Can you swap bundles, for example ? I think NFTrade is more limited.
2. Can you create auctions, bulk deals, mystery boxes on NFTrade ? Basically an NFT trade gamification
3. Can you bridge the NFTs across chains ?
We want to give more ways to create, more tools to trade (and gamify your trading experience), and more tools to manage your NFTs (like bridging)
Roman:
4. The minting modalities that are coming, which NFTrade definitely does not offer.
5. Our infrastructure is ready for true cross-chain trading. Let’s see if we can launch the feature before they do.💪
What they offer has more similarities to Minted Vodka than any other marketplace, that is true! We will push MintedVodka in the direction of innovative minting and more diverse trading options to differentiate us, as Wit said.
Wit:
NFTrade has 4 chains. I wonder, if they can onboard more and what effort it takes.
NFTrade is a great platform! We just want to do more and make it more fun 😊
Chen Yancy:
Of course mv is powerful, but do we have any plan to attract people to use mv for nft trading？
Pete:
We are looking into different methods to attract new creators to the platform, we have several plans in place. If you have your own ideas to attract creators, they are very welcome.
Wit:
We have several plans to attract different kinds of creators. Trading most certainly will have rewards/incentives — this is something that we discuss/plan right now. We plan to “gamify” the whole interaction on MV2
Chen Yancy:
Have we got a certain partnerships with others?
Wit:
Watch our announcements over the next weeks 😅
We are working on solid partnerships 👍🏼
Roman:
I am really excited what the new infrastructure allows us to do. 👀 In terms of scaling and features.
For example: the new wallet feature also introduces optional user accounts. You basically connect with your wallet and can edit certain settings for your user. What we can do is automatic trade notifications later. You add an email address and if someone accepts your trade or someone creates a new trading, requesting one of the assets you have, you get an email message or an SMS.
I wish the day had 48 hours to realize those features as fast as possible 😄
Right now the priority is the demo day planned for Binance Investors in the end of January. On the technical side we are pushing V2 to be as presentable as possible for that date.
Promesx:
So there will be a demo day for investors from Binance using MV and decide whether to invest ?
Wit:
Well, investors and other crypto VIPs will be there. It is a chance to get onboard serious partners (incl. investors)
Daigo:
Email message or an SMS would be very competitive! So many ‘miss’ things happened to my friends! I know it would be necessary to NFT traders.
Roman:
Yeah, or price watching. Like you set up an alert to watch for certain collection 7 NFT to reach certain price and get notified.
There are quite a few such examples. Like in-app token wrappers and swapping. You go and accept a deal, but do not have enough of certain coin. You get a pop-up allowing you to swap/exchange some other token before continuing.
Chen Yancy:
so mv2 will launch after binance lab demo day probably?
Wit:
No, we plan to launch a “preview” for the public very soon, before the Demo Day.
But the features will appear gradually: like Auctions, Bulk Deals, etc. over the next weeks.
We want to go to the Demo Day with as many new features as possible.
Roman:
Yup, apart of the new multi-chain functionality (including trading on the new chains) we want to add at least one additional feature for the demo day. I hope we can have both: the auctions and bulk deals ( with mystery boxes)
The multi-chain push and the Binance Incubation costs a lot of time, but both things are extremely, extremely positive and important. Even though we have the auctions/bulk deals not ready for Q4, they are coming fast in January.
Daniel:
I think, as a user, the most important thing is costs. There can be super fancy functions, but if it’s too expensive people would stay away. Can you tell if there is or could be a new ‘main’ chain. Binance smart chain is cheap compared to btc or ether, but still too expensive (at least for me), to use it on a daily basis
Roman:
The beauty of the new inferastructure is that we do not needa “main” chain. You will be able to use the features on the chain you like14:50
GATe is multi-chain. Trading, minting and all other tools will be deployed on all chais supported by MV2
Wit:
Exactly! You decide if you want to mint on BSC or Polygon. O if you want to launch IMO or an auction on Ethereum or rather something else 😉 . The users can bridge your NFTs to another chain later, if they want. Why don’t we stop thinking in “chains” ? Let us decouple our worldview of NFTs from such limitations!
Finally, you will see MintedVodka 2 with a completely new UI: powerful yet intuitive — ready for complex features that are useable in an easy manner. This is yet another area that was not in our Q4 planning, but takes a great effort to build properly.
Roman:
I truly believe that the future is multi-chain. We will see hundreds of different EVM-supported chains in the next years. We are positioning ourselves to work beyond chains.
Daniel:
The games as well? Because then every chain needs the same status I guess and that’s more expensive.
Wit:
We are looking into this. Also we could deploy some games on other chains in the future 😊 (we talk about this, too!)
Our main focus is MV, as a centerpiece that brings NFTs and gaming together, independently of chains used.
Some games don’t make sense on some chains. Because of gas fees, of course
Roman:
Actually, there are a few concepts for cross-chain games. When MV goes multi-chain, GAT Ecosystem can expand to launch games on other networks, that’s true!
A functioning marketplace is always a pre-requisite for a vibrant gaming community.
If there is no flexible market that allows, at least, swapping, there is no sense to launch a game on such a chain.
CryptoBuddy:
The updates sound awesome but I have a question regarding marketing.
What efforts are we taking for doing mass marketing/advertisement? Also are we planning to bring in some good influencers to review our project?
Wit:
Yes. 😊
At the moment we focus on getting some professional marketing for Q1. I already said that last time I think but communication with the PR agencies and vendors is slow. the bull market made them rich and they are superbusy or not super motivated sinced they earned so much money lately. But we will work something out.
We are very optimistic and work on a marketing push for Q1.
CryptoBuddy:
Also would like to know about partnerships , if we are looking or expecting any to be announced soon.
Wit:
Yes. Watch our announcements over the next weeks 😅
We are working on solid partnerships 👍🏼
Roman:
We are in talks with several chains right now. We were approached by some looking for a way to cooperate. Having so many different chains, they have similar issue right now like the smartphones had 12 years ago: they need Apps. Apps attract users. So, just like in 2009 as I was developing and working on several Android-based projects, there are business teams from different chains, approaching DApp developers and asking them to launch on their network.
A tool like MintedVodka is a huge magnet for such DApps: it directly gives the DApp users the ability to trade assets on that given chain, and it minimises the risk of choosing the wrong network — because you can easily switch to another network by bridging your assets.
So MV is a platform on top of a network that gives certain tools for creators and developers and makes the chain more attractive.
And having such cooperations attracts the network’s community into GAT Network’s community/ecosystem. So the synergies could be massive.
I don’t want to disclose much more as talks are ongoing, but the way everything is going, is really, really exciting and promising. 👍
CryptoBuddy:
Sounds great 👍
I am (and infact most of us are) very happy with the project and team , the way you guys work is really commendable!
Wit:
Guys, we keep building for now. Thank you for joining in! 😊🙏🏼 I will probably host a “Community Hour” every week now — to give you more personal updates and answer your questions. Stay tuned for announcements on this!
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