Recently, StackOS held a community Twitter Spaces with CEO and Chief Architect, Vishnu Korde, Iman van der Maas, CMO, and the host, Parry Sondhi, Head of Strategic Execution.
Let’s get right to the Q&A:
NodeNFTs update:
The minting of new NodeNFTs will stop soon, and there will be a fixed supply of NodeNFTs available forever. This change is expected to add more value to the NodeNFTs, and they will be used to scale up and grow in value as more operators come on board. The decision was made based on feedback from the community about the ultimate value of the NodeNFTs.
Some users were facing glitches with the NodeNFTs with the marketplace UI. Dev team is looking into the issue, and the team will provide updates as soon as the issue is resolved.
Any insights or updates regarding the progress with Polygon Supernets?
Vishnu mentioned that the Polygon Supernets are currently in a closed beta phase. The Polygon Supernets are not yet live and are still undergoing testing, which has to be passed by product teams. Vishnu stated that we are in close communication with the Polygon team and are hopeful that once they are ready, we will also be ready.
While waiting for the Polygon Supernets to launch, the team is working on audits and testing user interfaces, making sure everything is working correctly. StackOS V2 is a massive upgrade and the current audits are 50% complete. The initial launch will potentially happen in a closed beta to control the number of people using it and ensure that it does not harm the environment.
Vishnu was also asked about the companies that are planning to adopt the StackOS V2 functionality. Although he cannot give out any names, he stated that there are partners across the entire spectrum in Web3 who are looking at using StackOS V2. They touch almost all verticals, including Metaverse, Gaming, Artificial Intelligence, Machine Learning, and Launchpads. Vishnu is especially excited about Web2 companies and node operators or companies looking at StackOS V2, partnering with them to build out functionalities.
Any alpha on V2?
The main feature of StackOS V2 is the ability for users to transfer application ownership to another entity without having to share private keys. This expands the market horizontally to attract not just developers, but also content creators which will create an economy for content creators to use the compute from the decentralized cloud. The team believes that this feature alone creates a new business market segment and differentiates StackOS V2 from existing cloud providers.
In addition, StackOS V2 will have at least 10–15 major features that will change the way we look at DeCloud and applications deployed on the decentralized cloud. StackOS V2 will be a one-stop shop for content creators, developers, and anyone who knows how to play with apps, software, codes, APIs, games, etc. The team believes that any software or game in the world can run on StackOS V2, and that can create a truly decentralized “Netflix-like” platform.
Where do you see StackOS in the Web3 space, 3 years from now?
Vishnu is optimistic about the future of StackOS. He believes that the upcoming release of StackOS V2 will attract a lot of attention and interest in the platform. In the next three years, he predicts that StackOS will be adopted by many large enterprises and become the default infrastructure for deploying decentralized applications. This, in turn, will create new opportunities for building and kickstarting an economy that was previously impossible in the Web2 world. Vishnu also aims to make StackOs one of the top projects in the blockchain space.
What are the plans for marketing?
StackOS’ CMO, Iman van der Maas, shared the marketing plans for StackOS which will include getting featured on big PR platforms and connecting with influencers to reach a wider audience. He believes that the tech coming up is so ground-breaking that it will be easy to get good PR. They have already talked to a couple of well-known PR professionals and influencers who are looking forward to using and testing the platform.
Vishnu also reveals that StackOS was briefly mentioned in Economic Times, a well-known business newspaper in India. Although StackOS V2 hasn’t launched yet, StackOS has already gained some media attention, and are excited about the next steps for marketing. Vishnu is optimistic about the future of StackOS and believes that StackOS V2 will be viral and incentivize everyone using or helping in the adoption of StackOS in a big way.
What is the status of the DAO?
Iman explained that the team is waiting for the Polygon Supernets to go live before implementing the DAO which is estimated to be released sometime in Q3-Q4. The DAO will impact voting power and rewards based on the level of the NodeNFTs and $STACK tokens owned by participants. He also discussed the use cases and benefits of the DAO, including rewards such as revenue share or merchandise, and the community’s ability to bring up ideas.
What about Dark Matter?
Vishnu emphasized that Dark Matter is an essential ingredient required to create a cluster operator. People will be able to provide their existing NodeNFTs in exchange for the Dark Matter, which can be used to start clusters. This is part of StackOS V2 upgrades, and he expects a lot of new clusters to be formed, especially by enterprises and support partners.
Overall, the discussion highlights the progress and plans for the DAO and clusters in StackOS V2 upgrades, as well as the benefits and opportunities for participants and enterprises.
What are the specifics on the forecast of revenue for the clusters?
The revenue generated will come from various sources, including transaction fees, revenue sharing from deployments, and potentially other revenue streams such as AI distribution. The exact revenue will depend on a number of factors, such as the number of users, the amount of usage, the cost of the cloud providers, and the revenue-sharing arrangements in place.
As for the clusters, some subnets may already have a predefined price for operators to join and deploy applications, and revenue from deployments will be shared between the clusters and the subnets. The rewards may come from separate revenue generated by StackOS, rather than from the reward pools. However, exact numbers cannot be provided at this time.
Will AI be supported?
Regarding the AI aspect, StackOS is building instances that can support AI machines with high GPUs, and is also looking to enable easy distribution of AI models through the platform. This will allow users to deploy their own AI and machine learning models, and potentially enable StackOS to distribute some of its own AI models.
How is StackOS raising more awareness?
StackOS had recent visits to various universities and colleges in India. They are raising awareness about the StackOS brand and teaching how to build and deploy on StackOS. StackOS wants developers to know about the experience of how easy it is to deploy on StackOS DeCloud. The team has shown live demos of deploying on StackOS in front of hundreds or thousands of people at conferences and are constantly trying to get developers excited about what is coming.
Vishnu also mentioned that StackOS V2 would simplify the process of running nodes for various projects, including gaming and media companies. The upgrade would allow people with limited knowledge of blockchain to operate nodes with ease. Many gaming companies have been showing interest in working with StackOS V2.
What is the status of DeCloud Launchpad?
The team is closely looking at projects and assessing their potential risks before suggesting them to the community as investment opportunities. They are looking at a few quality projects, but due to the risky nature of investments, the projects would only be recommended after the market shows better signs. Vishnu also clarified that the committee members were analyzing the equity versus token issue and trying to be careful with their analysis.
Is it profitable to be a cluster operator?
The profitability of running public clusters would be determined by the margin put on top of the cost of providing the computer as a cluster operator, with no additional stack incentives offered at this time. However, there may be opportunities for revenue sharing in the future, as the network generates more revenue directly or indirectly, which could incentivize more clusters to be created.
How are the dynamics changing with the way NodeNFTs work with V2?
The number of NodeNFTs required to operate a cluster can be variable or dynamic, depending on demand, with governance, deciding how many NodeNFTs are needed to operate a cluster. These NodeNFTs are exchanged for Dark Matter, which is used to create clusters, and governance has control over how many NodeNFTs are required to operate a cluster. Vishnu shares that there may be more dynamics around NodeNFTs in the future, and governance will be in charge of deciding this.
While there are currently no incentives for cluster operators, there may be opportunities for revenue sharing and other incentives in the future. Additionally, the variable number of NodeNFTs required to operate a cluster and the exchange of NodeNFTs for Dark Matter highlights the potential for governance to play a significant role in the future of StackOS.
Is there enough funding to withstand a prolonged bear market/recession?
5–6 years easy…. probably way longer if markets are favorable.
About StackOS
StackOS ($STACK) is a cross-chain open protocol that allows individuals and organizations to share their computing resources and collectively offer a decentralized cloud; where developers around the world can deploy any full-stack application, decentralized app, blockchain private nets, and main-net nodes.
We aim to provide the world with “The Unstoppable Infrastructure Protocol,” which will allow any person across the world to deploy their application without incurring heavy cloud management costs and freely run any application they wish to run. StackOS furthermore intends to help brick-and-mortar businesses around the globe, to go online cost-effectively and securely with minimal technical overhead.
