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All about the new Objkt + Curation feature
Recorded: Jan. 5, 2024 Duration: 1:37:29Space Recording
Full Transcription
This is a production of the U.S. Department of Health and Human Services.
This is a production of the U.S. Department of Health and Human Services.
This is a production of the U.S. Department of Health and Human Services.
This is a production of the U.S. Department of Health and Human Services.
This is a production of the U.S. Department of Health and Human Services曾.
And I'm personally very happy to see all the amount of creations that have been done
already and the quality.
It's really, yeah, it's really beautiful to see that some people embraced it so fast.
And tonight we have Brian with us, who is one of the three co-founders of Object.
And, well, it's this new object and these features are really the result of months of work.
So the developers have done an incredible job and they are still working relentlessly.
And so I, for sure, Brian can address better all the questions that we received.
So I set a list of questions here, a bit based on the feedback that we got and some recurrent
questions.
But also feel free to put more questions on the chat.
And let's see in the end if we have time to bring some people over to ask questions directly.
Let's see if it's not too long.
But, yeah.
So, hello, Brian.
Hey, Kika.
It's good to be here.
Yeah.
Thank you so much for being here.
You must be exhausted.
Yeah, very exhausted.
But still, it's great to see the turnout and it's great to, you know, have all the feedback
that you guys have been giving us over the last 24 hours.
We're working very hard on fixing all the issues and things that you come up with.
But now it's good to see that the people actually care as much.
Yeah, this is wonderful.
I think maybe, first of all, I'm sure you have, before I start digging into questions,
I think you might have, you know, a general introduction that you would like to say.
And then that might also already address some of the questions by itself.
So, I would just let you say a little bit.
Sure.
I mean, I can give a quick overview as to, you know, the changes and the updates that we've delivered yesterday.
Basically, the biggest chunk was the refactoring.
So, this has been an ongoing project for a while now.
And we basically had to do refactoring because we accumulated quite a bit of technical debt over the last two years in the front end.
And we had to get rid of that and rewrite a good chunk of our code.
But this now will prepare us, you know, for more efficient future releases and also easier onboarding of new developers onto the project.
So, that has been a massive, you know, change for us now that we've done.
And we can continue, you know, into the future with a better code base.
But then along with that, we've also, you know, done some UI improvements.
Given that we had to touch basically the whole code base, we figured we'd also, you know, improve UI things that we can see right away.
And that then sort of grew a bit larger and we did basically a complete revamp of the user interface with the focus being, you know, on giving art more space.
So, that has always been the idea from the very start.
We don't want to make things look more like a generic marketplace.
That's something that I've read and might seem to some like that, but I can assure you that our focus has always been on the art.
And on getting the art, you know, into the center of the attention.
And, you know, we've also improved features.
We've, for example, we combined the Explorer page and the collection page.
So, we don't have these as two individual pages anymore.
And we added an activity tab to the collections now.
So, before that, you couldn't really see what was going on in the collection in terms of its history, in terms of who bought what.
We've added that now.
And that same component now also lives on the profile as an activity component and shows the same thing around the user.
And then lastly, obviously the big change and the most exciting part is that we implemented the curation feature along with the feed sharing.
So, that's also something that we've been planning for a long time and working on for a long time.
And now finally, we were able to deliver that.
And then, yeah, basically give curator or make curators first class citizens on the platform and let them participate in the economic model of it.
Right?
So, this is really exciting to us.
And we're really looking forward to all the curations that people come up with.
Thank you, Brian.
I think that's a good, I think, introduction that kind of already replies to my first question, but I will ask it anyway.
So, can you talk about the motivations behind the change of the user interface?
I think you kind of replied.
Yeah, kind of, I kind of answered that one already.
But yeah, I mean, we, as I said, we had to touch the whole code base.
We worked with all the components that we've built and we figured we should also do some visual and user experience improvements on them.
Now, that might not have been, you know, successful in all cases, but we're working very hard to fixing any issues that we might have introduced or that we might have not fixed yet.
Yeah, I think this is something that I, that I've been discussing with some people that every, every feedback, every feeling that you have that is not.
Yeah, if there's some feature that you missed from the past or something that you, that you think is not working so well, or if you have some suggestions, it, you know, we are all open to evolve.
This is not like, this is it.
And that's, that's the platform.
It will never change again.
I think we are completely open to, to, to react to, to, to, to the, to, to the feedback of, of the community.
And that's, I think one question that I forgot to introduce here, but I think I had, I had it somewhere and I lost it, but I will ask you because I remembered it and I think is important.
Where could people, what's the best place for people to leave their feedback?
I think the best places in, in the official Google form that we've set up.
I don't have the link here with me right now, but I do think it exists somewhere.
So we should probably share that after this, this call and, and get it out there for everyone to use, because that's the most efficient way.
We'll be able to work on any issues that you might encounter and any feedback that you may have.
So please fill in the Google docs and don't necessarily spam us on this quarter on Twitter.
Twitter is the worst because it's really hard to see all the replies that we get and all the quote tweets that we receive.
Easiest is through the Google docs, please.
Okay.
So, uh, after this space, we will make sure to recover the Google docs and, and which was being used for the whole beta testing, um, um, period.
And, um, yeah, and we are gonna, gonna share with the, with, with the community, because right now I feel like people are spreading everywhere.
And it's hard to, like you say, it's hard to, to maybe you are losing, missing some, some cool suggestions or questions.
Okay.
So can you explain how the creation feature really works?
Um, the motivations and goals in relation to it, I think you already talked about it, but maybe just explain how it works in more details.
Sure.
Yeah.
I mean, the way it works is really simple.
Um, you can create a curation, uh, as a user on object, which means you will have to go into, uh, your, your profile button at the top, click on create.
And then the way you would create a collection or a token, you will see a curation tab, um, where you can create your curation.
Um, and currently what is required is a, is an image.
So you create an image for the curation, a title and the description.
Uh, once you have that, you can, uh, publish that curation and then start adding tokens to it.
So that's the simple answer.
You add, you create a curation with name, description, and image, and then you can start adding any token on the platform to this curation.
Um, and that's the curation feature.
Um, and that's the curation feature.
And then the fee sharing feature also works with this curation feature.
Uh, and that is if you, uh, share your curation or your curation is fine by someone, uh, and they, uh, reach a token through your create curation.
You can earn a fee or you can earn a referral fee through that, uh, referral.
Um, and that ties into this, uh, referral fee feature that we've released that is independent of the curations, but also works with the curation.
So it will work with, with a referral link, uh, just as well as the curations.
Um, yeah, maybe, um, also, so, because I was going to ask later, but I think since you touch upon it also.
So this, you explain the creation feature, but, uh, there's also the referral link and how does that work?
Yes, the referral link is a link that you can copy, uh, on any token page.
So the token page will have at the bottom, a share button.
When you click on that button, it will generate your referral link.
And you can copy that and share that link wherever you want.
Uh, if someone buys the token that you've shared through your referral link, uh, you will, uh, earn a referral fee.
Now the referral fee, uh, is currently a minimum of 2%.
Um, but anyone who lists a token can list the token with a higher referral bonus, increasing that up to a potential 25%.
Um, there's one little, uh, caveat with that.
And that is you, the listings have to be on the new contracts that we deployed.
So the old contracts, the old listings on contracts, they do not support, uh, the referral fees yet.
Unfortunately, that's something we had to implement, uh, new on a new contract.
So only when listings are created on those new contracts, will the referral fees work.
A question that I have received.
And I also, um, yeah, that I have received recently was, do we need to released the tokens, the, the old tokens?
I mean, there's no need technically that you have to relist your old tokens, but if you want to participate in this referral system, then yes, you would have to re list your token on the new contracts.
Yeah.
Yeah.
But I think it's important for people to understand that this is an option because, uh, some people think that they need to, to relist.
And yes, the only, they need to release if they want to, to participate in the, in the, in this whole system of creation commission and the referral commission, but, uh, it's not obligated to, to do it.
It is not obliged to do it.
It is not obliged to do it.
They, they can just keep, uh, using the old, uh, the old, um, contract, uh, the old listing.
I, myself, I already released it.
Some of my pieces.
And, um, uh, can you talk about the adjustment of the, of the marketplace fee?
Uh, is it linked to the new creation model or not only?
Yeah, it's definitely linked to the new creation model.
So we wanted to, uh, incentivize curations immediately with giving them a minimum of a 2% bonus.
Uh, so we added that to the marketplace fee.
Um, and we think that this can, uh, and hopefully will stimulate curations and this whole curator ecosystem economically.
Um, we'll see how that turns out, but we're very pro it looks very promising so far.
Um, and then we also adjusted it, you know, based on the market conditions right now, we're, we're a small marketplace.
We don't have that many transactions, uh, compared to other big players.
So we had to do a little adjustment on that end, uh, you know, to, to cover, uh, fees on our side.
Okay.
Um, we have a few specific questions and doubts related to how the creations and the referral links commissions work.
I mean, um, so I will go question by question because some of them are, uh, you already, yeah, I think, um, they're quite specific.
Okay.
So for example, where did the new fees go if your work is not sold through a curation or a referral link?
So the fee then goes to object and it stays at the, at the 5% that we've defined.
There is no additional fee on top of that.
Okay.
So if a piece is featuring one in more than one curation, who gets the default 2% fee when the piece is sold?
Uh, the fee always goes to the most recent, uh, referrer.
So, uh, if two curations have the same token, the most recent one that the user clicked through or the user used will receive the referral fee.
Okay.
What is the expire, uh, period for referral links?
Uh, that's currently at 24 hours.
Um, but that's something we might adjust in the future to make it longer or less long, depending on, on how this works.
So this is just set to 24 hours now for the time being.
But I think it's nice to explain what it means exactly.
So it's, um, it's once you click on, on the referral link, um, it's, uh, after you, so the, the, the clock runs after I click in this link for 24 hours.
Is that it?
Is that it?
And if I buy 20 hours later, even if I, you know, I'm a, I'm a, I dunno, in my phone and not in my computer, because I'm logged in, I, I still use the same clock.
Let's say, is that it?
Yeah, exactly.
Yeah, exactly.
So the, the referral is held, uh, for 24 hours.
So if a user clicks on your link and decides to take a nap for 10 hours and then buys the token, you will still receive the bonus.
Okay.
Uh, the fee sharing work on secondary sales.
When you do a creation.
Yes.
Uh, secondary sales are included as long as the tokens are listed on the new contracts.
Okay.
So thanks, Brian.
I think those are all the specific questions concerning the, you know, the commissions, uh, as far as I have here.
But again, everybody listening, please feel free to, to, to put some questions on the chat.
Um, and we can, you know, if there's something that still is unclear about that.
So moving on, um, there have been, uh, some concerns about objects, recent, uh, mobile user interface with users experiences, experiencing lags and issues with icon spacing, especially on, I think.
Yeah.
Can you anticipate future updates aimed at addressing these reported problems or enhancing the user experience?
Yes.
I mean, that's definitely something we're working on to, to improve.
Uh, we've heard your feedback, uh, and we will improve and we have already started improving things.
So we've, we've saw an issue, we've seen an issue with, uh, the layout, uh, on certain phone dimensions and on certain phones.
And we've already improved that to be the same as it was in the past and future performance improvements will come as well.
So we, we're working on all the issues that have been raised in regards to Android and to mobile.
And, and we will definitely improve this.
Um, is the absence of collections from alternate out marketplaces, like you could known core versus them in collection collections tab somehow linked to the introduction of creations feature or these events independent of each other?
Uh, yeah, I think that that was, uh, an issue that we had, uh, and, and, and people reported and this has been fixed.
So this was not related to any curation features that we've introduced.
Um, but we already fixed this issue and we've reintroduced, uh, the collections like Hen or Versum on your, uh, collections tab.
Um, how does the new curation feature integrate with, um, on cyber or other galleries?
I'm not aware that we've, or we have any integrations yet with on cyber.
Um, that's something we can definitely look into.
And I think there's, there's still a lot of potential with these sorts of things, uh, and integrations.
Uh, I do think the universe, uh, metaverse has an integration and something going.
I've seen, uh, some tweets that they've put out.
Uh, so I guess they have some sort of integration already there.
Um, yeah, I, I've seen that too.
I didn't explore it yet, but it seems it has, uh, and maybe, can you explain a little bit how, you know, developers could, um, benefit of this, um, new object or could maybe.
Yeah.
Yeah.
Yeah.
Yeah.
So with, with introducing this new referral scheme, uh, developers can obviously benefit from referring sales to us too.
So this is a very open standard that we've created.
There is documentation on docs.object.com that you can read, uh, and, and third party integrators will, will be able to participate.
So, uh, tools like NFT biker will be able to, to earn a fee through referred sales as well.
Um, what happened, uh, to accepting Ethereum on sales and are there any plans in the pipeline to introduce a payment option utilizing stable coins in the foreseeable future?
Uh, so for the, for the Ethereum payments.
Uh, the problem there was that the, the, the company that we've used or that we use on the old object is seizing operations.
So they will not continue operating.
Uh, and we had to find an alternative, uh, and the, the current alternative that we find is not able to provide this service yet.
So we're working on reintroducing that.
We're seeing, we're working on seeing whether we can do that with this, um, company.
Um, company, but, uh, that remains to be seen.
So currently we don't have that feature.
Anymore.
Sorry.
I was trying to read the questions here, um, on the chat.
Okay.
I think there's one.
Let me just check here.
Uh, the 2% referral fee comes from object funds.
Where does the additional referral fee come from if opted for by the artist?
Okay.
So the, the object referral fee comes into play when nobody has listed a token with a referral bonus.
So it's not just up to the artist is up to anybody who lists a token to set a potential referral bonus.
Um, and if that is set, then the 2% from object is not taken.
If it's not set, then object gives 2% as a bonus to a referral.
So if you choose not to give a bonus on your listing, then object will give 2% of the marketplace fee to a referral.
Uh, somebody, uh, is also, uh, asking on the chat to have back the, um, I think is the quilt view.
Uh, you know, that's this other type of view on that we used to have on the classic, uh, object, um, mosaic, or, you know what I'm talking about?
I don't know how, what's the name?
Yeah.
Yeah.
Like the masonry layout.
I think that's what they're referring to.
Right.
Yeah.
I think it is.
They just put a picture of it.
So that's why I cannot still ask the question, but they have that, that option of viewing,
um, in a different way.
Yeah.
I mean, we have to see how this, this develops.
If, if enough people ask for this, of course, we will reintroduce it.
Um, there, there was some technical issue why we didn't introduce it, uh, immediately again.
Um, but if this is something that people really want and use it will, of course, we'll be reintroduced.
Uh, I do have, uh, a few people.
Um, I have heard that a few times already.
I don't know if enough times, but I've had, uh, I've heard that.
Um, so what do you like the best about the current features?
And what, uh, cool new things either in function or looks are we excited about that haven't been added yet due to time constraints?
Well, basically what does the future hold?
Let's say.
Okay.
That's a good question.
I do really like the curation feature.
I think it's, it's a feature that a lot of people have been asking for, and, uh, we finally managed to, to, uh, deliver.
And I'm really excited to seeing all the curations that people come up with and, and how the fee sharing also works out in this, uh, new feature.
And then I think this is, yeah, I mean, for future, what are we building in the future?
I think there will be a lot around curation.
I don't want to give away too much right now.
Um, but we're building some more features around curation, uh, on chain features that will be released at the end of, uh, of this month.
Uh, and I'm, I'm really excited, uh, for that.
And I'm really looking forward to seeing how this will all, uh, you know, uh, change, change the way we're doing curation currently in, in, in web three.
So that's something I'm really looking forward to, uh, and that will be released, uh, end of this month.
Uh, I'm sorry.
Yes.
I have other questions on the chat.
So if you set a referral bonus, but the work is not sold through anyone sharing the link, does the bonus go back to the artist seller or somewhere else?
Also as an artist, should we share the referral links as well, or will the fee always go to object if bought through the artist?
I, I'm a bit confused by the question, but I think it's, yeah, I think it's not totally clear to this person.
Yeah.
Yeah.
Yeah.
I think, I mean, I, I understand the question and I think what the person means is that if there is not a referral or there's no referral on a sale, but there was a referral bonus set.
What happens to, to the fee and in that case, the fee goes back to, or it doesn't go back at that actually never, you know, uh, is implemented.
So there is no fee.
Uh, and the, whoever lists the token retains the full value minus the, obviously the, the royalty fee and the marketplace fee, which is always applied.
I think that's, that's what the user meant.
Yeah, I think so.
Yeah.
Uh, let me check more questions.
Can we list other meme coins to acquire art on object?
Um, I mean, we have a white list, uh, of which currencies we support.
Um, there's been a, it's been some interesting feedback around the pool thing.
And it's something that we actually have been pushing back on, trying to, you know, limit the amounts of currencies that people can use.
So it's not something we will, you know, just add overnight.
We've had a poll now because there was a, a lot of demand for this.
Um, but we're likely not going to add many more currencies in the near future.
Uh, if we'll add any more currencies, there will be stable coins.
Okay.
Um, I remember, uh, a question that was around, uh, white listing and black listing wallets.
Yeah.
So with this new, uh, set of contracts that we've deployed, we also, uh, added a lot of features that are not there yet in the user interface, but white listing and black listing, uh, are definitely also part of this new release.
Not, not, not, not in the UI, but, uh, in the contract, uh, and that will be something we'll, uh, you know, unlock in the near future.
That's, that's exciting.
Um, okay, wait, I'm, I'm going through the chat questions.
Uh, where can we see if, and how, how much of the referral percentage is set on the token?
That's an easy one.
Yeah.
Yeah.
So the percentage is always seen on the share button.
So that always takes into consideration, which is the, the cheapest listing or cheapest auction.
Uh, and if that has a referral bonus set, it will show what that referral bonuses on the bottom.
And if there is no referral bonus, but a listing on the new contract, then it shows the 2% that is taken from the object fee.
So if there's on the share button, there's nothing written, it's probably because it's the old contract, right?
Exactly.
Yeah, that's correct.
Okay.
Okay.
Okay.
Going through the questions again.
Uh-huh.
Is there a limitation on creation per week month, uh, for each curator?
No, the, there are no limitations, uh, at all for curators or curation.
Oh, is there a limitation on curation per week, month, for each curator?
No, there are no limitations at all for curators or curations.
So the amount of tokens or the amount of curations that someone wants to produce is not limited in any way.
Okay.
Yeah, there's also some, always some spam as well, so I'm trying to go through.
Would love to see a feature where artists can list in and accept any FA2 token for their art.
Right.
I mean, technically, I think that's already possible through our contracts and was already possible in the past.
So you can, I think, accept any FA2 token or you can list your token in any FA2 currency.
But we don't unlock that in the user interface because it's a nightmare to keep track of and value those currencies and display to the users.
So currently we're, we're limiting that, but if anybody wishes to build on top of the contract
and implement their own sale site, they can do that.
Okay.
I think I went through all the questions that were on the chat.
Is, is there anybody, would you be open for me to, to invite some people over Brian?
Yeah, sure.
Of course.
Yeah.
So if anybody wants to, to, to speak, please request right now.
I have one request already from Brooke Hawk.
I will accept that.
Okay.
So hi, Brooke, feel free to ask your question.
Oh, hi.
Um, thank you very much for having the space.
Um, and Kika and Brian, uh, thank you very much for, uh, everything you're doing with object.
Um, yeah, I think I'm beginning to understand things, um, a little better.
You know, I think one of the problems with the communication and, you know, I've spoken to a lot of people that try to decipher, you know, what was going on with the information you tweeted out.
Is that we announced, you know, the fee raise, you know, along with this referral regime, which is, you know, it's related, but it's, it's separate, like, like you're saying.
Um, so if I could just, uh, see if I understand anyone could get a 2% referral on any piece of art that, you know, they could just go to any artist page, pick a piece of their art for sale and get a link.
And if someone buys it through that link, they could achieve this 2% referral.
Is that correct?
That is correct.
As long as the pieces are listed on the new contracts.
So when you know, I list an object, uh, today, you will automatically list on the new contract and then this is automatic.
So yes, every, every piece that you share a link to will have at least this 2% or more if the listing bonus is specified.
Excellent.
I mean, and, but the artist does not have control of that.
I could go to anyone's page and pick any piece of art that they have for sale and get a link.
Yes.
Basically it's open to, to any piece.
Very good.
So the curation element of this, you know, is basically the same regime as the, you know, the referral fee.
It's the same 2% referral fee.
I know you're adding features to, to help curators put things together and to present, you know, what they're doing, but basically the curation fee is also the 2% referral fee, but you're going to be able to, you know, put a bunch of artwork that you pick together on a page somewhere so someone could see, you know, curate.
But it's still the same 2%.
Is that correct?
Yeah, that's correct.
So it's the same 2% or more if there is a listing with the higher referral.
Right.
And the higher referral bonus, like you said, if, if the artist themselves puts the higher referral bonus on there, the 2% really doesn't come into play.
It's this higher amount, which is basically the, you know, gets tacked onto the, this comes out of the, the artist's money that they would receive from the seller or from the buyer, just coming out of their end of the, if they put a higher referral fee.
Is that correct?
That's correct.
Yeah.
That's why it's optional.
And that's why the artist can opt out, which then triggers the, the fee that we share with, with the referrer.
Excellent.
Yeah.
I, I, you know, that's really it.
Um, you know, just these things that I, I know I tweeted out there and I didn't want to come off, uh, you know, aggressive, whatever, but, um, yeah, I think the part is that I know we raised the fee 2.5%, which is whatever.
I mean, we, we love the platform, you know, you're, you're basically, you know, champion Tezos and kept Tezos, you know, really just, you know, was very important to Tezos over the last couple of years.
And everyone loves that you raise the fee.
And in the same paragraph, you know, talking about this 2% going back, it was a little confusing that, that was my only gist and that's really it.
And this is very clear now.
Thank you guys for everything.
And I'm going to jump off.
Thanks.
Thanks.
Thanks.
Appreciate that.
Thank you very much, Brooke.
Um, and, uh, we have also, uh, Xerox.
Hi there.
Thanks for having me up.
Yeah.
I mean, I like to preface this by reiterating what Brooke mentioned that, you know, object is served a very important, very important role in, in Tezos.
And as a result, art discovery on the wider NFT ecosystem, because Tezos art is really a place where a lot of people get their start.
So thank you all for doing that.
And, uh, yeah, I also like to reiterate the sentiment that, you know, this idea of increasing fees to 5%, I don't think people naturally are opposed to it because what all of that really matters to most of the artists on the ecosystem is for the ecosystem to hopefully survive and thrive.
So just want to mention that right out of the bat, just so that my comments won't get misinterpreted.
Um, the, the percentages that you guys are mentioning, there's a 5% fee now, right?
And there's 2% being mentioned, 10% being mentioned.
Are we talking about 2% of the fee or are we saying 2% as a portion of the 5% is a separate thing?
Because 2% of the fee is 0.001% of the mint.
Just, just so we're clear, right?
And 10% of the fee is 0.05% of the mint.
And so I don't know if that language, maybe I'm getting something wrong.
Cause if I am like, I'd like to go back to the feedback channel and like delete my comments because I'm trying to understand how that works.
The math works.
Yeah.
So the, the percentages are always in relation to the total value of the transaction.
So when we say a 2% fee, then we mean 2% of the total value of the transaction.
Uh, and if there is a referral bonus set to, let's say 10%, then that is 10% of the value of the transaction.
Okay.
Does that make sense?
So the creator can essentially decide to give a whole whack of it's his, their own, um, essentially earnings to the curator up to 10%, essentially like giving him royalty away to the curator.
Is that correct?
Basically, but it's not just the creator.
It's any person who owns a token and who lists a token, they can set a referral fee on their listings or sorry, a referral bonus.
And that can be between 5% and 25%.
If that is not set, then object gives 2% of the marketplace fee to the referrer.
And I think, I'll just delete, I'll just delete all my comments.
All right.
So yeah, sorry, go ahead.
And now I think also you were thinking that when we were saying 2% was 2% from our 5%, but it's actual, it means 2%.
So then the marketplace gets 3%.
Got it.
Okay.
That makes, that makes a lot more sense.
And it's definitely, I think it's a, it's much more enticing proposition than, you know, some several decimal places.
Now, the second question that I had, if I have a chance is just, is this automatically like, is there, what's the default?
Because, you know, on OpenSea right now, um, the, the default is creators get nothing, right?
So you got to enable, um, like, you know, you'd have to enable it essentially as a person who's deciding to purchase or what have you.
Like day one, like these guys go out about trying to make sure that, you know, as far as royalties, they're not necessarily being honored.
So what's the default setting in terms of percentages?
Is there one, uh, for the creator?
Like, what do you guys have, what do you set up?
So for default, we have, as I said, 2% is always applied.
If you list on new contract, 2% from the object fee is always applied to, uh, or is always given to the referrer.
So that is the default, basically what we've done in the UI is that if you create a listing, the referral bonus is set to 5% in the dropdown as a default, but you can change that.
You can remove that or you can, uh, put that to 25% if you like.
So in that sense, the UI default for a listing is at 5%.
Uh, the reasoning behind that is because we want to encourage these, uh, referral bonuses, uh, because they, we believe can really, uh, you know, and, uh, create a lot of, uh, uh, uh, sales.
Uh, and they can create a lot of networking effect.
So we, we, we left that as a default, but you can change that as the listing.
Sorry, Brian.
Are you saying that the 5% is default, which means that it's not the 2% default, which will come out of, you know, the object funds.
It's the 5% that will come out of the, the, you know, the, the artist funds if they do nothing to that link.
Yeah.
Yeah.
Currently.
No, it's not the link.
It's when you create a listing, you, you have this dropdown where you can set the bonus and that is currently.
I see.
If you leave it at zero.
And that, yeah, that comes out your, uh, I got it.
So, but if you leave it at zero, then that referral link, uh, goes to the object money.
I think that that's a little bit of a problem.
Um, you know, you know how people are, they just click through things.
Um, um, and then, you know, with all this information going out there about object paying this referral thing, maybe that should be zero, uh, to begin with.
Or some kind of very clear indication that you should leave that blank.
If you want object to pay the 2% referral fee, instead of having the 5% come out of your pocket, basically, you know, maybe something to think about if I'm understanding that correctly.
You, you are understanding that correctly.
And I think that's a very fair point you're making there.
Um, that's something we thought about.
We decided to keep it at five to stimulate this, uh, referral fee.
But, uh, I think that's something we can definitely, uh, look into again and change to default being zero, uh, for the listing and 2%.
You know, and I understand you're saying stimulate the referral fee.
Um, you know, stimulating the referral fee is basically saying, you know, artists paying money out of their pocket.
Um, you know, for, to basically hire people to show their links.
I'm just using crazy terms, but, um, yeah, I mean, really the, you know, the, the cups, cups of this is going to increase volume, you know, on object, which will increase, you know, this 5% that we're getting.
And, you know, so it is, it is motivated on, on the object side to have these referral links and to churn up, you know, sales and stuff, you know, so I think, you know, having more of the outlook of, of the artists, you know, like I'm saying, you know, with this 5% as a default and things like that.
I mean, in reality, it's, I mean, it's going to be great to have more volume on Tezos and on object and all that, but it really, you know, all this is also stimulating, you know, the 5% is already, uh, uh, you know, a hundred percent increase on the fees from, you know, that are existing.
And now we want to stimulate volume.
It's going to stimulate more 5%.
So I know the motivation is for the artists in the community, but, you know, we got to really look out for the artists a little bit more is what I'm saying.
Um, I know you guys do, but I just want to put that thought in your face, in your heads when you, you know, kind of go back and think about this.
I appreciate everything.
Um, if I can say something, Brian, because, you know, I'm above all, I'm an artist.
And so from my point of view, it's, um, I think it's a win-win situation for everybody.
And I don't think it's a bad idea to, when I was relisting my pieces, I was thinking, okay, this piece, because it's a unique piece, uh, and I really want to sell it.
I want to set this, uh, referral fee to 20%.
And am I, uh, willing to give 20% for somebody who's going to help me sell my, you know, old one, one, one piece that I cannot sell for myself?
Yes, I want.
So I put 20% for an addition piece that, you know, there's more recent that I think I'm going to sell it anyway.
Maybe I put 10%.
So I was range, I was kind of making all these calculations and, and, and, and also just thinking, okay, if I want to give 25%, maybe I raise a little bit the price of the piece.
I don't need to take everything out of my pocket.
And anyway, most of my art and everybody's art on, on Tezos is undervalued.
So, you know, if everybody raise a little bit, especially if it's like 5% out of, I don't know, five Tezos or 10 Tezos, what does that mean exactly?
It's not, it doesn't have a huge impact, but, um, yeah.
So I am just, I'm just thinking from my point of view as an artist, I, I don't see that is, that is a big issue, but I do, I do agree with you with, with the 5% though.
I think that's.
I agree.
Uh, it's definitely a win-win, but as an artist and you put a 10% or a 20% or whatever it is, when you like to see object, uh, picking up their 2% and not making that disappear because you are wanting to put it, you know, a commission or a referral fee on top of that.
Um, why is the 2% going away?
If the artist wants to add to that, like, shouldn't the 2% just be 2%?
And if the artist wants to say, I want to give 10% on top of that, uh, that, that 2% says it, why is the 2% disappearing?
That's my question on that.
That's a good point too.
I don't think it's disappearing.
It's, it's going to object in this case, of course, but we looked at it more from a, from a listing perspective.
Maybe, maybe the focus was not enough on the artist, but the idea is that if you list the token and you want to give a higher bonus than the default, then you pay for that.
Right.
So that was the idea behind it.
Uh, and as I said already, we, we updated our, our marketplace fee, uh, not just because of this new feature, but also to, to, uh, you know, answer mark conditions.
So that's the, the, the, the, the, the, basically the, yeah, the reason, uh, also keep in mind, I think if, you know, there is no referral, then the bonus that you set in, in the listing will not be applied.
So this doesn't automatically then go to object or anybody else.
This, this remains with you as the lister.
Absolutely.
I think you'll see just convoluting the increase, this 2.5% increase with anything to do with this referral.
I mean, we've got to really just look at it as completely two separate, you know, avenues.
That's what a lot of people are confused about.
And, uh, yeah, I mean, um, yeah, I know it doesn't disappear.
Uh, see, that's, I'm not, I'm saying it disappears as, you know, a portion of that referral fee that object is paying.
I mean, uh, the money that object gets for their fee is their money and that's it.
And this is just, you know, a different thing, you know, it's announced.
The only relationship between the two is that it was announced in the same tweet.
Um, pretty much.
I mean, it's, you know, obviously it's, you know, separate, you know, and it's easier to think about it that way for everyone.
Um, thank you.
Um, yeah, this is great.
Okay.
So maybe, uh, I think Xerox want to say something.
Ox, you want to go first or.
Yeah, sure.
I'll, I'll jump in.
Uh, first, I mean, thanks to Kika and Brian and the whole object team.
I, I appreciate you having me up here and, uh, you know, I, I have opinions like everyone in the room, uh, but I'm always happy to see innovation.
And progress in the space and like new products.
So, uh, first off, uh, chapeau and kudos for rolling up the new site.
And I, I'm sure you guys will sort out some of the UI UX issues and it'll, uh, it'll be pretty and functional again.
But, um, I guess I have two questions.
One, one is related to the fee thing and it's kind of funny to be in the space and it sounds like a, like a Bernie Sanders town hall with everyone talking about percentages.
But, um, I, I guess I'm wondering if you guys are concerned or worried that having, um, a creator fee or platform fee that's twice as much as Taya's fee, which is maybe the only really still standing competitor in the Teza's art marketplace.
Um, is, uh, is, uh, is going to drive people away from object.
And if there, if you feel like there are value adds from the platform, the new V2 platform or additional, uh, features that are coming out that will prevent that sort of possible migration towards, um, towards a lower fee platform.
Um, like Taya, and then, uh, my second question is more related to creator sovereignty, uh, and wondering if there's anywhere on the roadmap for object where you're looking at either integrating, uh, or offering creator sovereign contracts, or if you're planning on integrating some of the creator sovereign contracts that, um, other platforms are starting to develop.
So thanks for the questions.
I mean, in terms of the fee, uh, we're not, we're not worried about creators leaving because of the fee increase.
If we do see creators leaving because of the increase and they are voicing that to us, that they can't afford the 5%, then of course we can roll this back.
I mean, it's not like the fee is set in stone forever.
We, we answered market conditions.
Uh, we, we did update it also to be able to give that.
That 2% for, for default referrals.
Um, if this doesn't work, we can roll this back.
So this is not set in stone.
Um, but to answer your question, we're not currently worried, uh, about, but creators leaving.
Um, and then to your second question with, um, sovereign contracts, uh, I'm not sure to understand.
I mean, we do have.
And have had the option to deploy your own contract through the object UI for a bit now, um, where you would actually deploy
the contract directly through whatever wallet, uh, was that you used.
So what exactly do you mean with, with self sovereign?
Yeah, I guess I mean like, um, like no code sovereign contracts, similar to, you know, what Manifold's done on ETH, um, or Transient Labs, a couple other, uh, toolkits that allow creators to have complete sovereignty and control over their, uh, their smart contracts.
Or I think what, uh, focused dot art is working on, uh, on Tezos right now.
Sure.
I mean, generally speaking, we, we index any contract out there on Tezos.
So the support will already be there.
There are tools that offer these contracts.
Now the contracts that we offer that you create through the object UI, they are 100% in the artists, uh, under the other artists control.
So there's nothing that we, as the platform can do on those contracts or set on those contracts, uh, and the contracts that are deployed through the object UI will become more and more powerful, uh, and flexible, uh, in the future.
So already now with, with the contracts, uh, that we, that you can deploy, for example, the open edition contract, there's a lot of features that are not being used yet in the UI that, that will come, uh, pretty soon.
That's, um, that's excellent news.
Thank you for the answer.
All right.
Yeah, Brian.
So, I mean, uh, I think it was yesterday that we were speaking together in the group.
I mean, I, I kind of voiced my, my biggest concern, which is essentially like object hasn't really been shipping user, um, experiences or user tools for quite a while.
So there was a time, you know, a lot of us can remember that, you know, there wasn't collaborative mints weren't really an option object, you know, managed to integrate that and create a collab contract.
Like sending tokens really wasn't an option without using, um, you know, various out sort of outside tools like NFT biker, like, uh, Sean or order chaos is tools.
And like all these things were user features and user sort of really benefits utility that was offered for users in the object sort of ecosystem offer system was huge in preventing like flippers, for example.
And then at some point it seemed, and this is not the discussion, like it's coming just from me, but there was a trajectory change.
So then it was like, sort of, in terms of the roadmap, in terms of what the community was voting on, it became like, let's accept ETH, let's enable credit cards, let's create an OE that competes with manifold.
Let's try and create a clone SR that's for one of ones.
And the strategy felt really reactionary to what was going on on ETH.
And, you know, I happen to know quite a lot of collectors, I mean, not collectors, no, uh, artists that, you know, migrated to, um, to ETH myself being really one of them.
Uh, and it was difficult for us to make the voyage back to Tezos on a regular basis.
We still mint, uh, more or less to maintain our relationship with the community, but this idea of minting there slowed down.
And I mentioned this because I had a conversation with, uh, Marching Square in 2021 saying that why aren't whitelists being enabled?
Because it was very clear to us, and I can mention quite a few people like Louis Ponce or Ox is on stage or C3 was in the audience,
or a lot of the creators that the biggest benefit that we have on Tezos as creators was always relating to editions and accessible editions and finding a way for, you know, collectors to access our art, hopefully affordably.
And the most important aspect of being able to do that as an artist and a rewarding one is maintaining the value of our work.
And that was really enabled through the offer system because it's really hard to keep flippers out on ETH, very hard.
Okay, so I've had a couple of editions on, on, on ETH only.
And even with things like, um, I don't know, Mint Pass or whatever that I was involved with, 70% of them end up being flippers.
So there are a lot of flippers on ETH and, and the, the speculative nature of ETH is just different.
So what I'm getting at is the core value or the core proposition on Tezos for creators, once they get to a certain point in terms of values,
as opposed to then becoming a stepping stone to bigger and better things and moving on to the SRs or whatever,
has been, let me maintain a relationship with the community of collectors that I have, right?
And let me get work into their safe hands.
So my question is, why have all these things constantly been prioritized instead of user features, such as the whiteness?
Is there a reason why that's been happening?
Yeah, I mean, the main reason why we're prioritizing these features is because they are user features or they've been asked.
Sorry, Angel, could you mute yourself?
Thank you very much.
It's because we, you know, had a roadmap and these features were being asked for by the community.
Now, if there's specific features like the whitelists that we haven't implemented yet,
then most likely it's because there wasn't enough votes or there wasn't enough attention on it to implement.
Also, something to keep in mind is we are a really small team compared to other marketplaces or to other players out there on other platforms.
And we can only do so much with the time we have.
Maybe we have misprioritized certain things.
That could be.
But definitely the whitelist feature and the blacklist feature is definitely something that will come.
We will prioritize that.
And if there's anything else that needs prioritizing, we're very open to hearing the feedback.
So it's not like we're sitting here and saying, oh, we're only implementing, you know, features like Ethereum purchases or whatever, or credit card purchases.
No, we're really listening and we care about, you know, the artists that use Object.
And if people ask for this, we will build it.
Maybe, as I said, some misprioritization could well be, but we will try to improve and make this much better.
Well, I think that discoverability is definitely a value add for the community.
I think making sure that that honors mints that were, you know, originally on Hick and Non-Contract, TIA, and, I don't know, Versum, and all of these other platforms.
And one of the reasons why, again, Object has been of value is it being a content aggregator.
We're having this running joke of, you know, like office space, some of those mints ending up like that squirrely guy in the closet or in the basement, sort of slowly kind of being pushed aside to allow object mints to sort of shine brighter.
So those are some concerns that I've heard.
The only thing that I'll just add quickly to this conversation is going back to the subject of commissions or curatorial fees.
What's stopping from someone, let's say someone puts a 10% fee.
So I give a 10% curator enabled on my contract, right?
I'm minting something, I'm putting 10%, right?
And then someone basically themselves, right, they curate it, right?
And then they buy it from themselves.
Well, how does that work, right?
Because that's 10%, right?
They can save 10% by doing that and flippers will, right, for the high value mints would be a boomerang effect
where the creator could then re-approve the curatorial fee, you know, saving which the creator, like the funds are basically in limbo and locked.
So, I mean, the second order of thinking there I think is necessary because those types of things I think will happen.
I don't quite understand what you mean with, you know, fulfilling the listing.
So, I mean, how it works is whoever lists a token sets the referral bonus.
So if I buy the token off myself, of course I can get my referral bonus back.
So, what do you mean exactly?
Maybe I don't want to understand.
Sorry, Xerox, can I just interrupt you a little bit?
I think we have too many people trying to speak and maybe you can continue this conversation on Discord
or maybe send us a message because it's getting long and Masha and Tiff and Angel, they're here as speakers as well
and there's so many people requesting and it's getting long.
Absolutely, I respect that and I think the people that needed to hear heard.
So, I appreciate that.
I appreciate the opportunity.
I'm happy to answer any questions you may have in the Discord too.
Let's have the conversation there.
Okay, thank you, Xerox.
So, Angel, I'm sorry, I'm going to ask Masha first because she's been waiting for some time.
Thank you so much.
First of all, I'd like to wish Happy New Year to everyone.
It's going to be the best year for all of us, I hope, comparing to the last.
And thank you for creating new products and always improving the site, the service and the space, which I suppose we all need.
And I had a few questions with regards to the new feature that was playing around with it whilst you were talking.
It's pretty straightforward for a simple user like myself and as a collector, I think it's a wonderful tool to also promote your own collection as well as the artists you believe in.
So, just a couple of questions on the front.
How can I check whether the contract is new or old?
So, do you mean when you create a curation to check whether the listings are on?
Okay.
So, whenever you're on a token, you will see a share button at the bottom.
And if that share button shows a percentage, then that means there is a referral bonus active and that means that the listing is on the new contract.
Okay.
And if there is no share button, then it's not going to happen.
So, there should always be a share button on the token.
But if there is no percentage on the share button, then there is no listing on the new contract.
That doesn't mean that you're not going to get a bonus because it could be that you create a curation and somebody lists after you create the curation.
And then you could still receive that bonus if the listing is on the new contract.
Okay.
I understand.
Second question.
What happens if I share my curation?
Let's say I post it on Twitter and people like it and they click on it and the artist receives an offer on the particular token.
Does that include the referral fee or is it a completely separate situation?
Yeah, so this should also work with offers as long as your curation is the page that refers the sale, yes.
Or the offer that is in this case.
So, if an offer is created through your page, then that fee will be in there.
So, it doesn't mean that they have to go via my object page or via the link to the token?
No, they...
I'm sorry, it's confusing.
Yeah, so it always has to go through your curation page if it's a curation referral.
So, your curation page can refer sales to you or you do it through the link.
The link is also an option if you do it for a specific token.
Okay, got it.
Is it possible to add a collection to a curation rather than an individual token?
No, that is not possible.
You have to add tokens individually right now.
Okay, and how are artists notified that their tokens have been added to a certain curation page?
I'm actually not sure.
I think right now there is no notification.
If I am correct, but I would have to double check.
There might be notifications enabled for adding tokens to curations.
But that's something, if that's the thing that artists want, that we can implement that if it's not there yet.
I just want to comment, sorry, Masha, I just want to comment that there's a question about that also in the chat.
And I've had a few people asking, and I myself would like to ask that.
I like that too.
I think it's great when everybody knows that your art is being promoted or talked about,
and you can then share it also with your tweets.
I think it's actually beneficial for everyone.
Yeah, I think if I receive, for example, I saw a few people already added my pieces to their curations,
if I had received a notification, I would also promote the curation that promoted me.
So I think it's a cycle, I think.
Yeah, and from that point also, I think are the curators notified that the specific token had been sold or changed the wallet?
Yeah, I'm not sure exactly how the notifications right now work.
I think, as Kika said, it might not be there yet, but that's something we can look into,
and that does make a lot of sense to me.
But I think her second question was more if the curator receives a notification
when a piece that he created or she created is sold.
That's something else.
Yes, yes.
I'm not sure, again, if this is there yet.
I know that we've been working on some notification things,
but, yeah, that makes sense to me too, that we get a notification.
At the very least, right now, you see it on the curation page,
how many sales that you've referred,
but I don't think there is a notification sent to your inbox right now.
It would be a very helpful feature to add.
That's all, and best of luck to everyone.
Thank you for the questions, Masha.
Angel, I think you had asked before to speak.
Yeah, hello.
I'm happy to be here because I've been rugging too much today.
I was trying to do spaces, and I have to put it up about four times or five.
Well, I was doing a space because I'm going to do an IRL event at Cali, Colombia.
And I'm going to curate it because, well, I'm a curator.
Long story.
I've got 62 years and a lot of experience behind.
But my question is, how can I involve object to the IRL event?
How can object can participate?
How can I trap, touch the door, see what happens?
What can I do to bring object to the event as a blockchain, as, well, now you have a curatorial system, whatever.
But I'm willing to involve object.
That's the question.
How can that happen?
Maybe I can answer, Brian, that Angel, you, any IRL event or any curator that would be interested in, on Tezos and object pieces,
because it's nice if you get in touch with us in DM, either with object or with myself.
I'm Kika Nicolella.
I don't know if you know my handle, but you can DM me personally as well, or Kaplan.
And we try to get back to you as soon as possible.
Okay.
I don't know your handle.
I just check your profile of object and it doesn't look easy.
If you can follow me, I'll try to DM you and send you more information about the event and see if we can do something.
And I don't check the DMs of object, but somebody will send to me, so we can also send to object.
Okay.
I'll try.
I'll try everything.
But if you give me a little follow and I can DM you directly, well, it's kind of better because I already spoke to you and kind of, okay, it's about this and whatever.
Okay.
Anyway, I'll try to do it.
Thank you for giving me the mic and keep on with the space.
Thank you very much.
Thank you, Angel.
Tiv, I think you're next.
I just had a question.
I've been through the new site with all this focus on, you know, getting more money in artist pockets and all of this stuff.
There's one feature.
I think I put in a request for it, but I've talked to a lot of people and a lot of people have told me that they thought this would be really useful.
If there's some way we can filter between primary and secondary sales, you know, sometimes someone has, you know, an accident or a tragedy happens to them and people are trying to raise money.
And, like, just being able to see, you know, if I'm spending $10 or 20 Tezos or whatever and that's all going to the artist versus, like, they're going to get a cut because it's a secondary sale.
Like, I think the ability to break that out would be really quick for you guys to do and really helpful for artists in a lot of different instances.
So we already show on the new UI if a sale or if when you purchase a token, it already shows you right now whether it's a secondary or a primary sale.
We do not have any filters yet.
Where would you like to see the filters?
I was thinking when you're on, if you're browsing the artist page, if there was just a little toggle somewhere that you could click that just said show only primary sales, I think that that would be extremely useful to getting money in artist's pockets sometimes.
Like I said, especially, like, I can think of at least four times when something has happened to someone in their life.
And because Tezos is such a strong community, people band together to, you know, try to help, sometimes even make pieces of their own.
But for myself, just like I said, especially when someone's created, you know, tons and tons of artwork and some of the people on this platform are extremely prolific, being able to just see, like I said, the things where I'm going to spend X amount of dollars and I know that's all going to go to the artist's.
More or less, like that would be a fantastically useful feature.
Yeah, it makes sense.
Makes sense.
I think that's something we can look into and definitely we'll note that and put that into the backlog.
So thanks for that feedback.
Thanks.
Appreciate it.
Tim, did you put this as a request, as a feature request?
I think so, but I'll have to double check.
The only feature request that I know that I put in there was to add the ability for some Arweave backup because I don't trust IPFS too much.
But other than that, that's the only other major thing that I was interested in.
I'll double check and see whether or not that is in there.
And if not, I can open a new feature request.
Yeah, I think this is always the best way for them to, because they really go through every feature request and they really prioritize whatever is being requested the most.
But also, they look at everything, so that would be great.
Amalia, hi.
I'm sorry.
I'm sick today, so bear with me and I'll try not to talk for too long.
I was just wondering if you considered adding some more collector features for the last two years, like if you want to find out, for example, if you own two of one piece, you have to be a member of, say, NFT bikers, tools, just things that are pretty simple but are for collectors.
Because I feel like if, I really appreciate all this focus on referrals and trying to get more people to come to the site.
But I feel like if we want to make Tezos a place for more serious collectors, having tools like on ETH, you can find things by highest last sale.
Again, having two things, knowing how many you have of each token, so that if you bought two to sell one, you can find that.
I just think some focus on collector features might be nice.
Yeah, thanks for that feedback and definitely the amount of tokens that you own, that is something I think we have planned.
And if you have any other features or things that you would like, then please let us know.
So, best thing is through the roadmap and get those features voted up.
That's why we see that there is interest in them.
And then we can build it out.
So, we're very open to implementing those things.
And again, I'm sorry about my voice.
Amalia, I just wanted to say I'm very happy to see you already made your,
that you're loving the creation feature.
Yeah, it's really great.
Thank you so much.
Yeah.
I knew you would, you know, being a Deca Gallery lover, that you would love also that.
I have a few more requests, Brian, but I'm not sure.
It's been long already.
And I know you're working so much polishing everything.
So, I don't know.
How do you feel?
So, yeah, happy to take on a few more.
Don't want to make it too long.
It's getting late here.
And I still haven't had any dinner yet.
But no, I'm happy to take on a few more if there's any more questions.
Okay, it's just added to more.
B, you can speak now.
Hello, everybody.
Yes, I really respect the decision or the option that object has to take this,
to push forward this option.
And even so, I believe not everybody believes that's the most important.
I also know that a lot of the general community likes this kind of stuff.
For me, it will push forward more influencer, curatorship type of dynamics, which I personally don't like.
But the question that I have, and I've been having for a long time, and I'm taking the opportunity to ask you here right now,
is considering that we are in a global community, why has an object become a multilingual platform?
Yeah, fair question.
I think the short answer is that, again, we're a very small team with limited resources.
We try to prioritize things by how many people upvote them on the roadmap, by how vocal people are about certain features.
It is something that we have prepared.
So with this refactoring, we have prepared this multilingual feature.
We just haven't had the time to implement it properly yet.
But that is something that is there, and we're very much aware of our global community.
And therefore, we have prepared this.
But fortunately, it's not out there yet.
But I do think that this won't take too long in the near future, and it will be implemented.
So thanks for that input.
Yeah, a lot of people will benefit from that.
And I am in contact with a lot of people that will love that feature.
So thank you for your answer.
Thank you, Pete.
The next person is XTZR Arts, Arsenal.
Sorry.
Oh, no, no problem.
No problem, fam.
So even with the curator question earlier from Xerox and stuff, I think it would be cool to see where artists kind of have to approve.
If somebody curates their piece of artwork, they can approve that percentage for them if they're fine with it being added to that curation.
And I think that is something simple that you guys could kind of add to this new feature being embedded into the platform.
But further than that, for everybody, maybe Angel's mic is on.
Yes, Angel, please turn off your mic.
Sorry, I removed him, so you can continue.
All right, that's cool.
So, like, as they were saying, they're a small team and they're more so like a private marketplace building, if that makes sense in this space.
Like, they decide how they want to build out this marketplace as a team.
And they do take, you know, our input, the community input in mind while they're building out.
But, you know, if you do have a problem with certain features that are coming out or the way the, you know, the object is moving along, you know, not to be the guy.
But TIA, I think, is more open source, you know, as a platform.
You know, you can get governance tokens and you can kind of have more say so, you know, in that aspect.
Like, if you, you know, don't appreciate features or anything of that nature, but for their team to be as big as they are, I've been around since basically day one.
And I've been able to watch this team build out.
And this community wouldn't be what it is without this team.
So, you know, I think what they're doing is, you know, really good.
And, I mean, it's super innovative either way it goes as far as I've, you know, experienced things on almost every blockchain.
And they're the reason why we're all even here.
So, I think, you know, we should all be thanking them, you know, for the new, you know, user interface and all the new features.
And let's start using them and breaking them.
And then let's continue to figure out how we can make it even better, you know.
Yeah, I mean, thanks for the feedback.
I'm not sure if there was a question in there that I can answer.
Yeah, the one about the curator.
I take on board the feed.
The one about the curator button.
So, if I remember correctly, it's the one where the artist has to approve a token if it goes into a curation.
Yeah, yeah, yeah.
So, like, so, like, with Xerox, like, so, oh, my God, I drawed it.
Let's say, you know, a Tezzard.
I go in and I curate the whole Tezzard's collection, you know, and I can afford to, you know, basically buy them all, save my 10%, and then go back in and relist them, basically, now.
And then I'm making, you know, hand over fist, basically.
And, you know, I think it should be up to, oh, my God, to say, you know, okay, you can list this Tezzard or, you know, you can list this one, you know, so that we don't have those type of things going on.
But you understand that the percentage comes from the person who lists it.
So, if you are listing and you are a secondary, say, on the secondary, it's coming out of your pocket, not of the pocket of the artist.
So, if you list it and you buy it, you're going to get the percentage from yourself.
No, so, if I curate it.
So, like, basically, if I curate it, right, I put it in my curation, and I put all the Tezzard's in there, and I buy them all, and I save 10% on all the Tezzard's, and then I relist them from me, myself.
You know what I mean?
So, I mean, if you buy the Tezzard's through your curation, they were listed on the new contract, you will receive the 2% referral bonus.
But that bonus is coming from the object, from us, basically.
So, you're not making any money from that.
You're still buying them, right?
Yeah, yeah, yeah.
But shouldn't the artist, like, should have to approve, you know, like, yeah, this is fine that you, you know, added this to your curation type deal?
So, that part is something we can definitely discuss, whether it's okay to curate tokens from any artist or not.
That's something we think is, so that's why we left this open, and we left it such that you can curate any token.
Because at the end of the day, if there is a sale, or if a sale happens through your curation, it stimulates the whole ecosystem, and that's beneficial to the artist.
And leaving this, or making this an approval-based system would be very tedious, and would limit the amount of curations that are created.
So, that's something we decided right now that we won't introduce.
So, there won't be any system where you can approve tokens into curations.
But if this is something that artists have an issue with, and artists don't want their tokens to be in curations, then we will definitely look into it and implement something to fix that.
But currently, I think we'll probably go forward the way we have planned this.
Excellent. Thanks for taking the time.
I haven't heard this.
I actually didn't understand yet why it would be bad in any case, but I haven't heard this feedback from anybody.
But yeah, I still don't really understand why it would be negative.
But anyway, it's okay.
Let's go to the next.
August.
Hello.
Hello.
Hello.
Wonderful to be here.
Love what you guys are doing, obviously.
I'm deeply involved.
I'm still wrapping my head around some of the details here, and I just want to make sure I'm clear.
Let's say as a collector, obviously I have a sizable collection, and at some point I'll relist different things.
The pieces I have would still be on their initial contract.
So, when I relist them, maybe if it's a higher listing, that would mean that it would be minting on a new contract.
So, the curation fee would come out of that?
Is that the process?
So, if you relist the token right now through the object UI, then yes, the listing will go on to the new contract.
And the referral fee bonus will be there.
Okay, perfect.
So, basically, if somebody...
Yeah.
That's where...
I was getting confused because I thought that essentially everything that had been listed prior to this new contract would then be unable to be used for the curation contracts.
But now I see.
That's fabulous.
That's totally brilliant.
So, sorry to interrupt there.
Just to clarify, you can curate any token regardless of the listings that they've been made on.
But you will only receive a referral bonus if the listing is made on the new contract.
Right.
Exactly.
Okay, that's about, I think, my only question.
Then, in terms of relisting, then obviously that would mean you'd have to burn pieces that hadn't sold and relist on the new contract if you had created them, I presume.
No, so you don't have to burn anything.
It works with any token that has been created in the past, too.
It's just listing the token is on a new contract.
So, we've deployed a new set of marketplace contracts, and those would have to be used for the referral bonus to be activated.
So, relisting through the object UI would do just that.
It would remove the listing from the old contract and relist it on the new contract.
Ah, so that's fairly straightforward.
That's literally just a click of a button, pretty much.
Basically, yes.
Wow, that's fabulous.
Thank you so much.
And hi, Kika.
I'll talk more to you later.
And you guys are doing amazing work, and you just keep it happening.
And I'm super psyched to see where this goes.
So, thank you so much.
And just to make sure it's clear, it's any token, not only the tokens that were, like, minted on objects,
but any token that is listed on object or that you decide to list on object, that will take this, that will, yeah, that will have this commission fee that can enter in the system of creation.
So, we have, I think we reached the end.
Oh, no, we have one more request.
So, no, not the end yet.
We have, so, I would say these are the last two people.
So, Jackie.
Hi, this is my first time speaking on space ever.
So, you guys can actually hear me, right?
Okay, cool.
Yes.
My, I'm looking forward to the whole curation thing.
My grapes, which people have heard probably more than once.
Okay, so I have a hard time seeing, and I use my phone for, like, two years now for object, and I've collected quite a lot from that.
And I liked the old format where we had, where we could do two columns and scroll through the two columns.
The format that it's at now, there's only one column with just, like, a whole bunch of empty space.
And if you make the pictures bigger, the resolution is not that great.
So, and I like to look at them where they're, like, crystal clear.
So, I have to look at them small.
And I just kind of would prefer to have at least two.
And so, I've switched it to the desktop site on my phone.
And I can actually now get four rows.
But they're so super tiny.
Like, I can barely see anything.
So, I haven't actually used object in the last two days too much because I really am having a problem seeing everything.
And then the one other thing, I went to put something at auction last night.
And the canceled listing feature, I'm not able to, you know, you get that little red warning at the top that says you have a listing that you still own, but you have to cancel it.
It's not working properly.
Like, it's not connecting to Kukai, where I can actually cancel the listing while it's at auction, if you know what I mean.
Okay.
And that's the only two things, really, that I had to say.
Thanks.
Thanks for the feedback.
I mean, yeah, if there's an issue with this hanging listing thing, then we're definitely going to have to look into it and fix it.
Okay, thanks.
To your input on the mobile view, same thing.
I mean, we don't want to make the experience worse than it was before.
That's obviously not our intention.
I know that there's already been some fixes that went out in terms of the layout on mobile.
So, I believe the two-column layout should have been reactivated.
Oh, great.
But if there's any more issues that are there on mobile, then we're eager to fix them and to make the experience as good as possible for you.
So, yeah, let us know if there's any more issues and we'll make sure to fix them.
And I hope already the layout problem has been resolved.
Okay.
Thanks so much for your time and thanks for explaining everything to us today.
It's been great.
Yeah, thank you.
Okay.
So, I think now we got to the end.
Thank you, Brian.
So, and thank you, Jackie, for the questions.
So, we have ADAD.
Hello.
Hello.
How are you?
Can you hear me okay?
I'm sorry.
I'm driving right now.
Can you hear me?
Good.
Yeah, it's okay.
You can hear me.
Oh, cool.
Hey, oh, wonderful.
Wonderful.
Hey, I just wanted to jump up and say hi.
I don't have any specific questions.
I will, to what Jackie was just talking about, add that, yes, optimizing the mobile experience would be greatly appreciated
as I use objects on my mobile phone a lot.
And that was, you know, I opened my, opened it up yesterday morning.
I kind of had like a, like, you know, I was like, whoa, you know, but anyway, it's all good.
I guess I'm just jumping up here to, you know, congratulate you on and wish you great success with this bold move.
I will, you know, my comment would be that, you know, bold move, object, bold move, just jumping into 2024 with the sentiment of all things digital art
and just making such a dramatic change.
And, you know, I will say I'll keep an open mind and I'll go with you.
I'll go with you on it.
It's all good.
But, you know, I think a lot of people are watching to see how it, how it unfolds.
And so I wish you great success and, you know, and congrats.
That's about it.
Yeah, thank you.
Thanks for the feedback.
With regards to the mobile, yeah, we know we will improve
and we'll try to fix everything that we've messed up there.
And as I said, already sum up.
Cool.
Yeah, sounds good.
You know.
Oh, yeah.
No, I mean.
Yeah, in your time, I'm sure.
It's all.
It's what it is.
But it's a, it was a big change.
I'm telling you, I think a lot of us woke up yesterday quite,
we experienced a pretty big shock yesterday morning because, you know,
our art collections are kind of like sacred space.
And, you know, Object has, like, the one, in my opinion,
that's one thing that Object has over most other platforms is it's,
it was its usability and UI function.
Like, it was streamlined, clean, and, you know, it was a really,
it was an excellent format for art collectors to view
and appreciate their art collection.
And that was one thing I love.
Like, I love my art collection on Object a lot.
And that's one thing that I really like about, you know,
that specific collection and collecting on Tedos is the way I get to view it.
And it was on Object.
Now, I'll add, you didn't change it that much, which is really great.
You know, when I saw it on mobile yesterday, I was like, whoa, what'd y'all do?
But then I got it on desktop, and desktop is pretty much the same.
So, you know, cool, cool, no worries.
But, yeah, it's a big, it's a bold move.
Y'all are doing something big, and I've got an open mind about it.
But, you know, at this point, I don't have a, I'm not like,
I don't think that there's any right or wrong thing.
I'm just, I think it's an interesting move.
And, yeah, you're looking to reward curation and make Tedos art a place for curators.
So, you know, I commend that.
I can get with that.
And I'll keep an open mind and go with you.
Congrats.
Thank you very much.
And I think you're going to benefit, specifically, you're going to really love the upcoming feature.
It's going to be very suited for, yeah, you'll see.
Cool, sounds good, sounds good.
I hope you're well, I hope you're well.
Appreciate you.
Thank you very much.
And, yeah, I think we got to the end.
We are pretty much everybody alive in one piece.
And Brian's still alive.
Yes.
Yeah.
Yes.
And I think it's, yeah.
So I hope we can keep this line of conversation open and that you guys feel comfortable to ask anything or suggest anything.
And we are, we really would invite you all to check.
Also, I think, I don't know if you have, but if you go to the Explore page, you now have also a column for to check all the curations.
And it's really moving for me to see how many curations have been done and how many are great already.
And I think this is just a brilliant move to, you know, to just push discoverability and to, I myself am discovering pieces.
And it's, it's been really great.
So, yeah, I, this is my personal thanks, Brian, as a collector and an artist.
Yeah, I'm happy to hear that.
And thanks, everyone, for chatting, everybody.
Keep the feedback coming.
And as I said, we're eager to fix any issues or bugs or things that you don't like, eager to make the experience as good as possible.
And, yeah, have a nice weekend.
And we, while this space was recorded, please share it so more people can also benefit from all these questions and responses and this whole conversation, which I think makes everything more clear.
And have a great night.
Thank you all for being here.
Thank you, everyone.
Bye-bye.
Bye-bye.
