MUSE DAO
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MUSE DAO

MUSE DAO

Today we are excited to announce the new website based on this community proposal, we wanted to share why this was done and some of our plans into the future

musedao.io

Same team, new name, why?

Over the last 15 months the now MUSE DAO has built different projects ranging from NFT games, the first working NFT AMM to an NFT indexer (see below).

Finding and connecting these projects with $MUSE has been difficult, after an on-chain vote by $MUSE holders we have officially rebranded as Muse DAO and excited to launch the MUSE DAO website as the entry point to all our current and future projects and showcase what MUSE can govern.

The plan since the start has been to be a multi product DAO, this move will enable us to grow as one unit focusing on long term solutions for the NFT market.

What the rebrand looks like

We have made a landing page for the DAO where all our projects can be seen in one location with links to them.

The new page will also be where $MUSE holders can stake $MUSE to earn fees generated by NFT20.io and any future projects that are revenue generating.

Distribution of fees from NFT20 started on July 6th 2021 and to date we have sent around 12,000 $MUSE to stakers. This will also be where users can stake their MUSE/ETH LPs to earn $MUSE rewards (coming soon).

With the rebrand we will also be renaming our Snapshot (pending), Discord, Twitter and the Forum to reflect the new name Muse DAO. Links to all these pages are provided at the bottom of this article.

Q1 2022 Product Roadmap

NFT Indexer

Most of our recent focus has been invested on creating an NFT Indexer for mainnet and L2s — an NFT indexer is required to create applications around NFTs, allows developers to get the data they need, such as:

  • Query NFTs an address owns
  • Check the transfer history of an NFT
  • Get the image and metadata of NFTs/collections
  • Sort through all the collections ever created

As you can imagine, this information is required to create marketplaces and any other kind of application/protocol you might think of when it relates to NFTs.

Up until now everyone in the industry (including NFT20) has been relying on the amazing work by Opensea’s indexer/api. However Opensea took the web2 route and started to close the API, we expect them to shut it down completely to avoid competition.

A preview of a frontend built with the indexer

The indexer is very close to being launched, we will open source the indexer and offer a hosted version with $MUSE, the details are yet to be decided as we are mainly focused on coding rn.

We’ll also be our first users by integrating the indexer into NFT20 as well as launching a full blown Opensea competitor (still being discussed)

CUDL FINANCE

Work is still ongoing for CUDL, one of our games currently deployed on Arbitrum.

We plan to launch battles, breeding, and onboarding new NFTs into the game shortly after the indexer is live (see above).

Also pet adventures (paid with MILK) and a novel insurance mechanism for pets suggested by Offmylawn, olvido and Oskaridze.

For more information head to https://cudl.finance/ or jump in our Discord and ask any questions.

NFT20

The indexer will solve a lot of the problems that we ran into with NFT20, and why the development slowed down.

Unfortunately most teams in a bull market are busy marketing and spending time on twitter rather than building, so little infrastructure is being built around NFTs, but we are happy to take one step backwards and develop a completely new and complex infrastructure (the indexer) to make 10 steps forward.

The indexer will allow us to create many apps and even compete head on with Opensea if we were to see it fit.

“Do you have the patience to wait till the mud settles and the water is clear?
Can you remain unmoving till the right condition arises by itself?”

Links

The future of NFTs today.

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