🌶️ to increase web3 adoption we need tools that make it easy for artist to keep us in their universe while connecting with web3
I've been helping @itsjuliestarr drop her 10k masterpiece Dredhedz using off the shelf tools.
I had to mod the tools, here's how 🧵
Recently @OpenZeppelin changed the variable storage for all of its upgradeable smart contracts to use Diamond Storage. This is a major change.
Here is the merged pull request: https://t.co/wK0xOHKvCC
Here is the issue about it on Github: https://t.co/wK0xOHKvCC
Here is an article that describes how Diamond Storage works: https://t.co/6BzIj07VfK
Stoner Cats charged by the SEC. They have to return the $8M raised and pay a $1M fine.
I think the NFT space is missing something really scary happening right now. I don’t see how 99% of projects aren’t in trouble.
“Regardless of whether your offering involves beavers, chinchillas or animal-based NFTs, under the federal securities laws, it’s the economic reality of the offering – not the labels you put on it or the underlying objects – that guides the determination of what’s an investment contract and therefore a security,” said Gurbir S. Grewal, Director of the SEC’s Division of Enforcement
We like what they're doing here. Expanding the NFT conversation is ++. We're unlocking the future of digital ownership, and trust us—this rising tide is lifting ALL boats! 🛥️🌊
MrBeast is promoting NFTs.
He's giving away a free box of Feastables to anyone who buys a Creator League pass.
And those passes are actually NFTs.
But @CreatorLeagueGG doesn't call these passes NFTs and they don't uses any crypto-related words in their marketing.
Instead they are just treating NFTs as a backend technology.
And that's what I think the future looks like.
Companies integrating NFTs in to their business and making the blockchain invisible to the end user.
Here we go! Talking about metadata if you have ever had any metadata questions stop by fire away we’re going over the specs and the new proposal for dynamic metadata https://t.co/DERfUab9LC
Blockchain applications for the real world are still in their infancy, and we need teams to propose improvements like EIP 7496 (dynamic traits) and EIP 7498 (NFT redeemables) to make this tech more usable
You can read more about these proposals here: https://t.co/g2eWVHrKim
4/5
🎨ERC721K: Dynamic On-Chain Images and Metadata
A new framework for constructing, rendering and evolving NFTs (ERC721) using composable SVGModules and real-time DataStreams.
Code: https://t.co/AbJDiv1QMF
It's become clear to me that not everyone understands how metadata is setup for various NFT projects.
I'm going to explain how different projects setup their metadata, and whether or not they can be changed in the future.
Let's start with Bored Ape Yacht Club:
13/ Nouns' dataURI function states that it will always give back a base64 encoded string. This is the encoded data that stores the Noun's metadata and SVG. So all data is on-chain, no IPFS or external host is used.
If we decode the base64, we will get the metadata of the Noun.
What Are Dynamic NFTs?
- A dynamic NFT (aka a dNFT) is a type of digital token that can change its properties based on external factors.
- Changes are recorded in the token's metadata.
- NFTs use the ERC-721 token standard, dNFTs use ERC-1155 and are sometimes referred to as "semi-fungible".
- They allow creators to make a more engaging experience for buyers and collectors by creating rules to govern the behaviour of the tokens.
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Example:
- A dynamic NFT can represent a game item that undergoes continuous evolution and acquires new features based on the player’s advancement. They could also earn new revenue streams for the creator through players continuously interacting with the dNFT.
🤯 Mind-blowing, right? When I say we've solved the 'collision' dilemma among facets, I mean it! Our contracts come with built-in namespace and order preference support. 🛠️ Now, you can execute facets in your desired sequence without resorting to quirky method names like newNewMethod(). 🚀
👩💻🚀 Hey Devs! Get ready for our next SDK release! With new examples for integrating 1o1 into your own website or server, launching your own platform is easier than ever. Plus, we're rolling in claims support! 🛠️🌐 Don't miss out!
Token gating is cool, there are currently two ideas around gating, quick gates something like @bonfire_tweets where you can download content.
Another scheme is where content is encrypted @darkblockio which gives you the ability to lock content to holders w/ holding unecrypted version.
We think there'll be more gating in the future based more on-chain interactions, as zk-coprocessors like @axiom_xyz become more popular
It's getting spicy 🌶️🌶️ out there gang! We got you as far as marketplaces will go with EIP-2981 on-chain royalty support. We're stoked to sunset operator filterer support! Catch up on what's happening with royalties 👇
After @opensea's announcement yesterday to make creator royalties optional, @rarible is standing in solidarity with creators and artists with a free mint.
https://t.co/KbR9fw9YcS
Quick educational onchain art thread.
Recently an alpha group has been pushing a narrative that “Mooncats are the 1st onchain genart”.
Mooncats 2017 contract is one of my favorite old NFT contracts. It has more than one innovation for its time.
So let's dig in.