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FlixTalk #82 - Community Updates 🗞️ ft. @notionaldao 🐈
Recorded: Aug. 23, 2023 Duration: 1:41:40Space Recording
Full Transcription
Hello, hello. How's everyone doing?
Good. Can I have one moment just to set up my headphones? One moment, please.
Yeah, take your time, Jacob. Take your time.
So we've got a great space today.
We're just waiting for everyone to come in and join, but we've got a lot to discuss.
Most of you who come and join regularly will know that we go through various segments.
We've got community updates. We've got engineering updates from Sisla.
And we have Notional here today. We've got Jacob with us, which is an amazing, amazing chance to speak with Notional about everything they're doing.
By the way, Jacob, I know you're sorting out your mic, but I'm a big fan of Notional and what you guys do.
I speak with Litbit fairly regularly at conferences when I see him. So, yeah, it's great to have you here.
Hey, thank you very much.
Looking forward to, I'm guessing you're coming to Cosmoverse, right?
Yes, I am.
If you want the briefest of personal updates.
So currently, as you may be aware, we traveled to Bali to have a baby.
And I give glowing, glowing, glowing recommendations to this natural birthplace called Bumi Sihat in Ubud, Bali.
They were truly wonderful.
And so now I have little Senayut actually strapped to my chest in one of those baby carriers.
And anyhow, so yay, baby.
Super, super cool.
Super cool.
And next step though, right?
So you have a kid in a foreign country.
Well, what happens next?
Ah, you need to get baby a passport.
We are currently in the middle of that process.
As soon as that's done, family and I, and Hwang as well.
Hwang is actually here in Bali with me.
We'll fly back to Hanoi, Vietnam.
And then shortly after that is Cosmoverse time.
Fantastic.
I did see something about you trying to sort out a passport.
Is that for travel?
Or is it more like the citizenship you mentioned for like dual nationality?
Ah, no.
So, okay.
The passport is for the little six week old guy who's currently strapped to my chest.
Um, basically, so, all right, I'm married to a Cambodian woman.
We live in Vietnam and I'm American.
Uh, what this means is that in Bali, when the child was born, he actually has no country
and no ability to get a passport.
And so we have spent the past couple of weeks working with the U.S. consulate here in Bali
to get little Sonia a passport.
And as soon as that's done, we fly back to Hanoi.
But I'm literally stuck here, uh, until he does have a passport.
Well, Jacob, I hope you get that sorted, um, as soon as possible, really.
And with as little hassle as possible.
So I imagine it's a lot of, um, back and forth.
So, yeah, uh, good luck with that.
And, um, I'm just going to go ahead and introduce the space.
Um, and then we'll get on with the discussion.
Um, but I just want to welcome everyone to FlixTalk, uh, once again.
So thank you all for joining.
This is FlixTalk, uh, FlixTalk, sorry, 82.
Uh, we'll be discussing engineering, design, uh, media, community, basically everything
in the Flixverse.
And, uh, just need to give a quick shout-out, A, to Jacob and Notional for joining us today,
uh, but also to the whole Flix crew.
So people like Cheaton, people like Superera, people like Sisler, of course, um, who's with us today,
again, as a speaker, um, and to all of the close partners, uh, of OmniFlix and the creators
and collectors.
There's so many different people.
Uh, the node hosts as well, the validators, everyone.
Uh, so special thanks to all of you.
And a special thanks to Terra Spaces for archiving these Twitter spaces.
Um, and they are distributed on demand.
Uh, so you can watch this space or listen to this space back on Spotify, Google Podcasts,
and Apple Music.
Uh, so before we get into some of the updates today.
Uh, Sisler, how are you doing yourself?
Uh, I see you're now with us as a speaker.
Yep.
I'm doing great.
Uh, glad to be here, DM.
And, uh, welcome to FlixTalk, Jacob.
Hey, thank you very much.
Um, I'm very happy to be here.
I am actually, I'm quite excited to start using OmniFlix.
Um, yeah.
And with that, I suppose I'll kind of just, uh, allow you to set the agenda and such.
Definitely.
You know, we've been, we've had you as a contributor to OmniFlix right from the first testnet.
And since then, you know, there was never a moment that, uh, where Notion did not support
or, uh, was not there, you know, for the network.
So thank you.
Thank you to the entire team, especially to you.
And, uh, no, of course, let's go ahead with the session.
Brilliant.
And, uh, Cheetan, I see you're here today.
And, uh, by the way, uh, if you're on or flying open for that quickly, welcome to the space
as well.
Go ahead, Cheetan.
Hey Liam.
Thank you so much.
And, uh, warm welcome to everyone and glad to have you here, Jacob, in our space.
Uh, uh, good evening, everyone, uh, or good morning, whichever part of the globe you are
Uh, I'm Cheetan.
I take care of the, I'm the partners manager here at Omniflex.
I will not take much time and just to give you a short update about the collections and,
uh, other things which are happening here at Omniflex.
Well, you all know that, uh, World Photography Day was celebrated on, uh, the 19th of August,
and we had a curation of, uh, NFTs, uh, Photography NFTs.
The curation of this Photography NFTs is going to end tomorrow.
So if you haven't checked out, uh, the Photography NFTs listed on Omniflex, uh, go, go ahead to
Omniflex.market, click on curations, and you will see the World Photography Day.
Shutter Magic is a curation name.
You would see all the curations over there.
This week, we have a couple of, uh, collections scheduled to launch.
We have something called as Urban Poetry, again, a photography collection, uh, by a creator
who has shot some beautiful pictures of Vietnam.
He has, he has been in Vietnam for five years, and, uh, he will be, uh, putting those pictures
very soon.
And then we have, uh, another collection called as Care Crow, or AI-generated collection,
is ready to get, uh, uh, listed, uh, this Friday.
Uh, then we are also, as you all, if you have read our, uh, community update, uh, uh, we have
given some information about, uh, uh, Omniflex TV, and, uh, as we are getting ready with Omniflex
TV, we have a few of our creators, uh, uh, getting ready with their content as well.
We would have, you know, one of the creator, uh, left house.
He's doing a series, uh, uh, uh, uh, it's like a web series kind of thing of six episodes
that would be coming on Omniflex TV.
We have, uh, we have a post-human who are, uh, doing their content to get them published
on Omniflex TV.
And along with, uh, several other creators who are working, uh, uh, very closely with
us to get their content published on Omniflex TV.
More details about Omniflex TV, the features and everything else would be, uh, discussed
in, uh, future spaces.
That's it from my end.
And yes, uh, talking about, uh, the ticketing platform, as we discussed, uh, uh, earlier,
uh, NFT Nashville would be the next event, which would be using a ticketing infrastructure
of, uh, Omniflex.
And, uh, the ticketing platform is almost ready.
NFT Nashville team would be, uh, giving out details about, uh, the launch date and when,
from when the ticketing would be available for everyone to go ahead and, uh, collect their
tickets.
That's it from my end, Liam.
Super cool.
I should mention a couple of things in response.
I think, uh, you mentioned ticketing platform.
I bought my tickets to Cosmoverse.
I bought 12 tickets to Cosmoverse, uh, on Omniflex with Adams and it was smooth as fuck.
Um, seriously, that was just awesome.
Thank you so much, Jacob, for, uh, sharing your experience, uh, about the ticketing, uh,
infrastructure means a lot to us.
Thank you so much.
Oh yeah.
Yeah, totally.
Totally.
Um, I think there was actually one other item that you mentioned, but unfortunately,
uh, it seems to have slipped my mind.
So I suppose with that, we, uh, we kind of, uh, dig in a little bit more to our call here.
Oh, post human.
How could I forget?
How could I forget post human?
So, uh, I don't know if you guys know this, but I've actually for the past month been working
with a member of the post human team and it has just been so super delightful.
I'm really happy that they're using Omniflex publisher media, uh, volley from the post human
team is a really bang and content creator.
And you guys will see, uh, a number of different videos actually that Bali and I have produced,
uh, one interviewing the cyber team, another, um, interviewing a prominent member of the
Polkadot community named Sheldon, uh, and, uh, another actually sort of cheering on this,
this new product also from a member of the cyber team, but not restricted to cyber called
the on chain registry, which replaces the chain registry, uh, with an on chain registry.
That's very nice.
Like we did, uh, interact with, uh, Wally, uh, during Paris, I think.
Uh, yeah, during Paris or visit to Paris and, uh, yeah, pretty cool, uh, that you guys are
collaborating and, uh, also glad to see the on chain registry get mentioned, you know,
I was following details about that.
And, uh, yeah, the gentleman in Paris, uh, is the founder of post human.
And the gentleman I'm working with here is like one of their team members.
Um, yeah, yeah, yeah.
Got it.
Yeah.
Uh, great guys.
Uh, great guys as well.
I met, um, I assume the founder of post human in Paris.
Um, and yeah, they have really great ideas.
So, um, it's awesome to hear that a Omniflex is working with them and also yourselves, uh,
Jacob at Notional.
Um, it's great to have partnerships between validators and also, uh, between chains and
validators.
I think that's also very key as well.
The good stuff.
The good stuff.
Yeah.
I think, I think actually to, to show them for like 10 seconds here, their model for
validation is to my knowledge, unique, um, and really quite fun.
I actually joined their distributed validator.
I'm a part of two validator teams now.
Oh boy.
I know.
I know.
Controversy.
Controversy.
I, I, I, I own about one, one thousandth of it.
So just, just to make that clear.
Yeah.
This was something he was speaking to me about in Paris and obviously, Cicely yourself,
but I think you were there as well as he was mentioning it.
And, um, it's like, um, idea that you can like buy into like a validator and own a portion
of it.
Um, seemed to be very different to like anything I'd heard before.
Uh, I can't recall like all the exact details, but, uh, I agree with you, Jacob.
It seems like they do approach things quite, quite differently for sure.
That said, um, by the way, anyone listening who wants to ask questions, has any questions
say for Notional or for Sisler or myself, uh, or just wants the chat.
Um, obviously save maybe the chats for a bit later in the space, but any questions, definitely
feel free to come up and ask.
Just want to encourage anyone listening to come and speak.
This is a community, uh, call at the end of the day.
Uh, with that said though, let's, um, talk about Notional.
Um, obviously Cheetham, by the way, thanks for all of the details you shared, um, around
Omniflix.
Uh, just for people listening, that was, uh, photography curations, uh, for World Photography
Day, uh, as well as, uh, some web series on Omniflix TV and ticketing from NFC Nashville,
just to refresh.
But yeah, anyways, uh, Jacob, uh, also Gwang or Hwang, hope I'm pronouncing that right.
Uh, hope you're both doing well.
And maybe we can just start with an introduction to Notional and, uh, also feel free to share
any of your thoughts, uh, around A, Notional or B, Notional and the partnerships you're forging,
uh, with Omniflix or how you're supporting the network.
Yeah, absolutely.
Um, all right.
So from, I guess, a quite high level, uh, I'll get into how Notional began and how that's
kind of different from what we are today.
So we started as a validation firm, uh, and our first chain was Osmosis.
Uh, we were in the Genesis because I was lucky enough to have a wallet.
Um, like that's long and short of it.
Like it would have been very easy for Notional to never have happened actually.
Oh, actually there's an additional piece of backstory.
We were in Genesis because Genesis was delayed because Osmosis had forgotten to start a company.
And so they delayed Genesis by two days.
And, uh, we were the last validator to join the Osmosis Genesis.
And so what actually happened is that one of Wong's classmates, a guy named Kang who was
on our team around this time, he just sort of started to like, follow me around.
Cause I'd met him at some blockchain event in Hanoi and, uh, like he was really interested
in this stuff.
So I, you know, just sort of brought him on.
And interestingly, early Osmosis had a number of pretty serious performance problems.
And this is where, you know, geniuses like Kang come in handy because he was able to actually
begin to address some pretty serious performance issues in Osmosis, but also in Cosmos.
Uh, you know, when we were still a very, very new validator on Osmosis.
Um, and the result of that has been a gradual transition from a business that earns most
of its revenue from validation to a business that today I would say it's about 80%, uh, of
revenue is coming from software engineering.
And there was also some flirtation with like being an infrastructure provider.
Um, but you know, basically these days, Notional is a Cosmos specialized software engineering
firm.
Uh, we work with many, many projects in Cosmosis.
It's, I'm really quite flattered actually guys.
Uh, I'll say this quite directly.
Like I never expected for our business to grow the way that it has.
Um, and there was a part of me that never really expected it would be a business.
I thought I was just going to run a validator because I thought Sonny was really cool.
And, uh, and so Osmosis must be cool.
That was seriously, seriously, my logic in the beginning.
Um, I'd had one phone call with Sonny ever, uh, you know, around that time, a couple of
months before Osmosis launched, uh, I was doing research into building DEXs in Cosmos.
Whole thing left an impression on me.
And the next thing, you know, bam, you have a Notional.
So basically we're a company that began as primarily validation, but I think that our
staff and revenue numbers will sort of tell a different story these days.
Um, so staff wise, we are 25 software engineers.
We're five infrastructure engineers.
There's, there's one Jacob.
Um, and, uh, then, uh, there are, let's see, oh, three or four admin staff.
And, uh, so our mission at Notional is really to share the gospel of IBC.
I get really serious about IBC because it's really serious.
There is no technology right now that compares to IBC.
Um, and by the way, guys, I'll, I'll share another thing.
I know that asset prices across the board in Cosmos completely suck.
However, I want to tell you guys that in terms of demand for software engineering services,
it's insane.
What I believe this indicates is the old classic, like build in the bear thing.
Basically, I, I think that, uh, at some point.
Um, and let's say, I'm going to give the standard disclaimer.
This is very, very, uh, weak thing to do, but this is not financial advice, blah, blah, blah.
Uh, but when I, when I look at, uh, the inbound into our organization, but also into every similar organization, knowing that they're all pretty much fully booked.
Um, I have a feeling that Cosmos is on the cusp of explosive growth.
We have like blue chip Ethereum projects actually migrating all of their work into Cosmos.
It's something I never really figured that would happen, actually.
Just didn't expect something like UIDX to ever occur.
We have, like, look at the NFT sector.
Let's get into Omniflix for a second.
Um, we have Omniflix.
We have Stargaze.
We have, dun, dun, dun, gravity bridge.
And what I think that this means very soon is that, like, NFTs minted on Omniflix or on Stargaze may very well trade them and vice versa.
Um, and, you know, what I've seen recently, for example, with composable, I, I think Sisla and Diana know this very well.
Seven or eight years ago, all of us were the DPoS chains that people were envisioning at that time.
Um, it looks to me like the IBC vision, excuse me, um, is thriving.
It looks like IBC is likely to really be the dominant Internet Connect standard, uh, even as far out as Ethereum.
Uh, you know, Bitcoin will never have an IBC client, for example, just because of its design.
But we also have projects linking that in.
Um, and, so, to complete this introduction to Notional, we just want to paint on the fire that is IBC.
Yeah, um, we lost you a little bit of points, Jacob, but, um, I think we managed to-
Oh, I'm very sorry about that.
Not everyone else.
Yeah, no, it's not a problem.
I think we caught the majority of what you were saying.
Um, so, like, I was taking notes as well.
Um, and, uh, I just wanted to check a couple of things.
You said about, um, like, how Notion was started, um, and the way it progressed.
Um, it was interesting to hear that you were researching building DEXs before you, um, ended up in the validation space.
Um, and you were talking about how, uh, most of your revenue, or not most of, but a large portion of your revenue was coming instead from sort of like software engineering, right?
And that's kind of the brand I think Notional has, where, um, a really strong brand as-
Uh-oh.
Yeah, hello.
Yeah, hello.
Oh, oh, it worked.
Okay.
Sorry about that.
I thought my connection dropped.
I do apologize.
My connection is a little spotty.
It's all right.
It happens.
Um, but what I wanted to ask is, um, you were mentioning, like, the team.
Um, and I, all I managed to catch was you had three to four admin staff and five or so infrared engineers.
Um, what were the other team members, if there was any that were-
Oh, uh, well, 25 software engineers.
Um, basically, I was mentioning those stats to, to kind of underline that what we started as isn't really what we are today anymore.
Um, you know, what we are today is a quite Cosmos specialized software engineering firm that also does validation because, really, I don't think you can fully experience the problems and therefore build the right solutions if you're not validating.
Interesting.
Can you actually elaborate a little bit on that?
Maybe Sisler, if not?
Yeah, I mean, I'll, I'll just quickly state a point saying that that is one of the biggest reasons why, you know, we could build Omniflex the way we could.
And, uh, you know, contributing to it, uh, yeah, you know, building Omniflex, uh, came out of validation, you know, in a way where we could understand processes of various teams, understand, you know, how chains were architected, uh, how the various SDK features were used.
And, you know, that has had a lot of impact, uh, with respect to how Omniflex was actually built, deployed, and even launched, the technical launch and the economic launch.
So, you know, 100%.
Yeah, Jacob, maybe you can elaborate more on that.
Yeah, I mean, actually, I suppose that you guys really did take that same journey.
I think Sunny once called it the validator to build their pipelines, right?
Like, if you're validating and you're doing it well, well, you end up exposed to every problem a chain could have.
And if you're validating and doing it well, you help to solve those.
And, I mean, for us, certainly, I think this is also true yourself, Cisla.
You know, this is where our software engineering, like, talent came from.
I don't know if there's another great way to build it because, you know, Cosmos is just so specialized, right?
Yeah, 100%.
When you run the infra, you understand, like, how things work, work better, and, you know, identify ways to improve them as well.
I see Daya also here.
Daya, do you have something?
Yep, yep.
So, I just wanted to add, you know, a point to Jacob's statement where he said that, you know, Sunny kind of said that, you know,
you know, bootstrapping a chain with validator revenue.
So, during, you know, 2023 Cosmovers' visit, when me and Abhishek met Sunny and Josh and, you know, other teammates,
while, you know, we were working on Streamsoft, I think the moment we met Sunny, he explicitly expressed this thing,
saying that, I think we are the only both guys who bootstrapped the chain with validation revenue.
I think, you know, it was pretty happy to, you know, come that from Sunny and we resonate very well with the ethos,
as you said, Jacob, right, where, when you look at Cosmos, right, it's the IBC that's, you know, bridging trust between chains
and, you know, teams across.
That's how we see a lot of modules coming from outside Cosmos dev team as well.
And that's where I think we are, you know, slowly adding value to each other at the same time independently to their own chains.
So, they are definitely, while being part of the validated journey, we have, you know, come across a lot of challenges,
you know, the things that were being built from ground up while, you know, looking at them being deployed on validation
and being able to understand deeply, pretty much help us, you know, take a lot of decisions for Omnifix, I would say.
Yeah, I think, you know, the other side of the points that Jacob was making,
so not only on like the validator aspect, was also kind of the idea that Cosmos is on the cusp of something big.
And that's something I really agree with, by the way, Jacob, is this, like, idea that we're getting very close to, like,
almost like a critical mass where, again, you know, like you were saying, not financial advice or anything,
but, like, it does seem like a lot of developments have been happening lately
and that kind of build in the bear market, you know, concept that you were mentioning, like,
the UIDX coming into the ecosystem, Wormhole as a new bridge as well coming in.
Even, like, the NFT spaces is moving quite quickly as well.
Obviously, Interchain NFTs has been in the works for a long time.
We have, like, say, Stargaze, Omniflick, but there's also, like, stable coins coming in, right?
There's, like, USDT, there's IST from McGoric, who we had, you know, on the space last week.
They have some good integrations with Omniflicks now as well.
USDC.
So, yeah, I just wanted to echo what you said, Jacob, that it really does feel like the developments here
are just getting to a point where, at some point, there must be, like, a critical mass
where it takes the ecosystem to the next level.
I think so.
I mean, of course, I could be wrong, right?
Nobody can, like, predict the future of the markets, but to anybody in the audience,
especially if you're not constantly developing Cosmos code, I'll give you guys, like, a quick stat.
I make about 4,000 contributions per year to various Cosmos projects.
This is by GitHub's count, right?
It's not a perfect count, but it's a lot.
And what I'm seeing, when Osmosis launched, you could actually track every project in Cosmos.
It was possible.
You could read all of the code, and you could know what was going on with everybody.
That is no longer true.
And I think that's just ridiculously bullish.
Also, if you look at, you know, demand for pretty specialized software engineering.
This is also, guys, I never dreamed that Notional would be 35 people today, particularly, you know, working in Cosmos, right?
At the time when we started, Cosmos was pretty niche and, like, just not considered to be all that big.
These days, it's humbling, actually, the amount of demand that there is for software engineering services in this field.
And my theory is that, yeah, it likely will translate to market results because there's just, there's so much that I feel is likely unseen.
You know, probably it's not seen how many ETH projects, for example, are considering moving to a Cosmos chain because of problems with MEV.
I feel like it's probably not seen the degree to which projects currently operating on ETH look at skip and they're like, oh, my God, what did they do?
And then if we were to get more practical and NFT focused, right?
When we look at ETH, one of the biggest blockers to just maturing NFTs in general is that you're doing everything in solidity, which is frankly, in my opinion, kind of like lossy.
Solidity is good.
Solidity is good.
I'm not a hater.
Instead, I'm more like solidity was the first step on a really important journey.
And it's likely not the only way to build distributed applications.
I think solidity is being tested in production.
That's what we see a lot around MEVs and everything.
But definitely it was a great start when it comes to composability while opening up, you know, the full potential the chain could offer.
Yeah, I mean, I personally, I think the only way to test things is in production.
I have a funny story about this.
Would anybody like to hear a funny story?
Definitely that'd be interesting.
All right.
So it was three and a half years ago now.
Justin's son was buying Steemit.
And when that happened, another team, they forked off of Steemit.
They were called Hive.
And basically what happened at that time is that on Steemit, Steemit nuked the accounts and balances of all of the founders of Hive.
Hive, in turn, nuked the accounts and balances of everybody basically that they didn't like on Steemit, including Justin's son.
And so I got this crazy idea in my head that we were going to start an alternative.
Actually, this chain is still operating.
It's called Blurt.
And this is why you do this is why testing in production is really important and never trust a test net because I had to invent a new blockchain concept to describe the attack that was used on Blurt after we tested our test net.
This concept is called cock fault tolerance.
I'll explain.
Now, in BFT consensus, we speak about, you know, the Byzantine generals problem and Byzantine fault tolerant consensus.
But what about cocks?
Allow me to explain.
Exactly.
We made our test net and we did not properly implement rate limiting in the test net.
But the thing is, guys, test nets, there's no incentive to attack them.
You can't steal and you can't cause economic damage to a test net unless the token is traded somewhere.
So we launched Blurt.
The token price was 26 cents.
And I mean, it was looking real, real good, right?
And well, let me tell you what happened.
Somebody came on to Blurt.
They found the issue that we had in our software stack.
They created a DeFi short position using a lending protocol and they spammed the chain with literally millions of enormous cocks.
And the price.
Keep in mind, they were shorting.
I didn't know they were shorting at the time.
I should inform you of that as well.
All right.
Price plummets.
There are.
Blurt is a blog.
Steemit is a blog.
These these cocks were visible.
Giant swinging.
And like, I don't know, I could have PTSD from this.
But anyhow, basically, they exploited the fact that we tested in an environment that wasn't adversarial, where we could get attacked.
We got attacked on our main net, not our test net, because the test net didn't have a concept of money.
So, you know, yeah, solidity is being tested in production.
But if we didn't test it in production, we would have no idea if it was broken or not.
And that's my story about cock fault tolerance.
And if you put that into Google in quotes, you'll see an article I wrote on it.
That's one hell of a funny story.
Definitely.
Yeah, it was weird, man.
It wasn't until a year later that I realized that it was being done for profit.
Actually.
I thought somebody was just being an ass.
They had a, you know, yeah, strategy differently, but it's kind of funny, you know, knowing all of this.
I think I do know about Burt, but I didn't know about this kind of, you know, funny story that happened.
Definitely, I think the last time I spoke about Burt and then to Dick and, you know, I've seen a tweet, you know, from you saying, stating that Dick 2.0 is coming.
Any alphas and things around that, just curious about what it's going to be.
Oh, dude, thank you for asking.
Dick 2.0 is going to be the same product.
Dick 1.0 is okay.
It got broken in two ways.
So the first way was from like finance and strategy.
We invested massively in the Ukrainian market before the war.
And that, let's say, tanked treasuries, right?
Like, it was very bad.
We got photos from our business partners around the start of the war of them loading automatic weapons and making Molotov cocktails.
And we simply told them, well, how about you guys take care of that and just, you know, call us when things are concluded.
Two years later, things are not concluded, unfortunately.
And so who dig 2.0 is going to have the same mission as dig, which is basically, you know, to bring real estate to the blockchain.
But the thing is, dig 1.0, it got broken because I attended Cosmoverse.
You guys probably know this trauma also.
I think many people who traveled from South America to Asia right at the time of the Dragonberry attack felt this trauma.
So I was getting on my flight when the news about Dragonberry hit.
And, like, I actually went into Discord.
I said to Diggs validators, hey, guys, can we take the chain down because I'm getting on an airplane.
And, like, I might not be able to talk to you 48 hours.
They did.
And, but that's kind of bad because we never really, like, things didn't really work right after that.
And this compounded.
And we tried more things than I can count to get the chain functioning properly again.
So what we're actually going to do is we're going to snapshot dig.
We're also going to snapshot dig balances on any other chain.
We're going to kill it.
Because, like, we have tried.
I don't know if we've tried everything, right?
Because I don't know everything that there is to try.
We've tried a hell of a lot to get that chain back in order.
And it's not coming back in order.
So we're going to take dig down.
We're going to put up an entirely new chain.
People will still have their old balances.
And this entirely new chain is actually going to be the exact same product.
We're not going to focus on the Ukrainian market at all this time.
In fact, we're basically just going to exclude the United States.
Because if you want to sell real estate on a blockchain in the United States, the legal requirements are insane.
So, and FYI to everybody, Americans should be able to purchase real estate on dig.
They just won't be able to sell it if that real estate is located in the United States.
Because really onerous legal issues there.
And this is actually something that held up dig 1.0 because we searched endlessly, right, for specific markets where things would work.
And if you look up Ukrainian blockchain legislation, you'll actually find that they passed a bunch of really good laws about six months before the war started.
And this is how we made our choice.
However, this time around, what we're actually going to be doing is more permissionless listing model.
Where, you know, there's not, anybody can list anything provided that they assert that it's legally compliant.
Brokers will accrue reputations on the platform because it's real estate.
You really don't want one of these deals to go wrong.
You know, all hell could break loose.
But dig itself is going to have like no part in facilitating those transactions.
The whole goal here is, you know, if you have cryptocurrency, you want to buy a house.
Dig.
That's, that's the goal.
Honestly, I have a few questions around dig.
If you don't mind, would you be able to take them otherwise?
I'd be happy to, actually.
I'd love to talk about it.
Definitely.
Thank you for that.
So, one thing I do see around dig is definitely, I mean, I do see that you're trying to onboard real world assets like, you know, properties and things like these onto a chain.
Where people could, you know, participate in a marketplace that they exchange, buy, sell and rent or XYZ.
But how do you see, you know, you know, the legal problems or things around when you digitize this, right?
Because these are not authorized by, say, a government also sorts entity to make sure that, you know, they let do everything on chain.
But otherwise, they still have to go to a legal, you know, way to protect their property or, you know, deal with those in real world.
Absolutely.
So, how do you see these being digitized? Because I do see a bit of, you know, hesitancy or, you know, kind of problem that people would imagine. I'm not sure.
I think that there should be hesitancy, honestly.
Because the legal actually is really complex.
In 1.0, we tried to deal with that, okay?
We, you know, consulted with all kinds of folks to try to find solutions to the challenges of selling real estate on a blockchain.
In 2.0, we are not doing that.
So, actually, kind of to answer your question, we will, in the transaction to list a property,
one of the things that the seller will be attesting to is that the sale is legally binding.
We anticipate that popular sellers of property are going to accrue reputation over time.
We are going to make it very, very clear that listings are permissionless.
We're going to make it very, very clear that we don't want any properties on the chain in the United States and that we believe that that is illegal.
Of course, you know, you have your North Korea, Iran, et cetera, et cetera, et cetera.
We don't want any of that either.
But also, we can't explicitly, like, if somebody from the U.S. chooses a list of property, well, and that property is in the U.S. or North Korea, for that matter, be that on their head.
What I mean by that is that was their choice and we're a neutral platform.
And then, of course, the front end would also censor that because, you know, we don't want to take on additional legal risks.
That's crazy.
Our assumption, so the first time we made an assumption that we could solve the legal.
And so many people told us that they could solve the legal.
Nobody did.
However, I still believe that the legal problems are solvable.
I actually think that this is one of the most important things that we can do for crypto is create a smooth and clear flow into hard assets and specifically real estate.
Because if you think about it, guys, what other hard assets are there?
Well, you've got gold, silver, precious metals.
There's a bunch, but real estate is different from these in that it's functional.
One of the things that we hope to have evolved naturally on the platform is basically like group purchases and then group receipts of rental income from real estate.
And if you think about it, these flows are not hard to create.
What is hard is the compliance, but people are very creative.
I'm not saying that they should dodge the law.
I'm actually saying that they should comply with it rigorously and that it's impossible for us as one team to like do legal research on what is it like 206 countries on earth.
It'll never happen.
And that was a big mistake in the first iteration of the project.
Instead, we should be allowing people who are already specialized in real estate, like real estate agents or whatever, handle the legal, take the risks very explicitly, like, you know, the platform will not be involved in any sale.
Let me put it that way.
Right.
Like I understood.
So you in the first version to provide a marketplace where they'll deal their own legal stuff.
But otherwise, yeah, everything is permissionless.
Exactly.
Yes.
Yes.
Yes.
Well, the restrictions on the marketplace do exist, but honestly, those restrictions are going to exist in the front end.
Right.
Because on a chain, if you censor it, it becomes worthless.
There's no point in a fancy blockchain.
If you're going to do censorship on the chain, there will be like an official front end.
Think about Osmosis or OmniFlix or Starz, right?
Like there's an official front end, but since all of the APIs, RPCs, et cetera, et cetera, are easily accessible, anybody in the world could build their own front end.
We also believe that there is not a legal risk to us from doing that.
And I guess I'll share kind of like one more thing on dig, which is it.
Why is it not dead?
Why?
Why Jacob not just quit?
This is actually this is the product concept that I came up with in the heat of the 2021 bulk market.
Where I was looking at everything and thinking about the needs of crypto asset holders.
And I was like, you know, the real problem is we can't take this money and buy real things without interfacing with, let's say, like a traditional bank.
And I just want to make really clear, like dig is not for like black or gray market real estate transactions.
It's instead a place where people like real estate agents can basically, you know, make listings on their own and describe like, OK, how is this legal in this jurisdiction?
How exactly does the sale work?
Because another thing.
Real estate is crazy complicated, right?
And so like one of the discoveries from Dig V1 was like, oh, my God, there's not a chance we'll be able to work this out quite right.
In the, you know, 200 or so real estate markets in the world.
So in V2, we assume that it's going to look a lot like the existing real estate market.
Where, you know, properties are kind of aggregated and sold by brokers.
Properties may be rented by brokers and that reputation is going to be extremely important to the success of running a brokerage.
And so I think that sums up, you know, the legal problems and majorly how, you know, people could commissionlessly transact and otherwise, yeah, list their properties.
Right.
I think I'll let Liam take over and, you know, I think I might have fused a lot of time from the space already.
So back to Liam.
Thanks for your time.
No problem. No problem.
I just didn't want to interrupt.
It was a really good discussion.
And I love that.
I love like the direct back and forth between like guest speakers, people like Notional and the OmniFlix team.
I think the audience as well probably really enjoys like authentic discussions like that.
So, yeah, that was really insightful.
So thank you for asking those questions, actually.
Yeah.
Jacob.
Yeah.
So on the topic of Notional, yeah, we do need to obviously move on to the next segment at some point.
But I thought maybe we could talk a little bit about the integration of Flix as a fee token on Osmosis, which was done with the help of Notional, right?
Yeah, yeah.
So, fee tokens, where to even begin?
I think, I'll answer that, Jacob.
So, unofficially, Notional supports a lot in terms of when it comes to, you know, relayers and everything around.
We definitely use Notional's, you know, RPCs and some of our other validated RPCs.
But Notional is, you know, the number one when it comes to providing data layers or, you know, RPCs.
So definitely, they've been part of, you know, bringing multiple tokens onto OmniFlix.
And, yeah, they do a great job.
And also, I think having Flix as a fee token on another chain is also pretty useful if you're someone who lives on the Flix chain, for the most part, you know, new to Osmosis, and you want to trade, then you can use your Flix.
So, yeah, I do like the work you do, Jacob, in terms of governance, and also, you know, the actual code that's required for some of these proposals, such as integrating fee tokens and Osmosis, for example.
Yeah, so the recent, if you've seen some news about Notional and fees, it's actually kind of opposite.
So fee abstraction is a module that OGP funded and Notional built.
And what it does is it allows other chains to accept literally any token that's listed on Osmosis as their fee token.
Now, the interesting thing about this is that previously, it was viewed that there was, like, a loss of sovereignty if you did this, because, you know, that could, like, harm demand for the token.
And so what we actually did is that when you take another token, or any other token, these are batched up into a transaction, they're traded for your native token at market price on Osmosis, and then sent back to the chain.
And in this way, what we're hoping to see is that pretty soon, nearly every Cosmosis chain should be able to accept nearly every Cosmosis token as a fee, which is really, really super.
Yeah, it's a good UX improvement.
I think it's just really key, and it doesn't take away from the gas utility of the native token on the chain, because you still have to do the conversion, right?
I agree, I agree.
I think even, you know, looking at Akash, you know, Greg's tweet yesterday, the day before yesterday, talking about USDC fee abstraction, I think, yeah, definitely, there is going to be a lot of UX adoption, because of which, you don't have to have the native token, but otherwise, the token that, you know, the native chain supports as fee, which will be a barrier that they don't have to swap, but otherwise, you know, removing the swap in itself makes it, you know, a step less for user to go through.
Yeah, I'll be directing.
Fee abstraction is, it's really flattering, the response that that's gotten done.
It blows my mind.
So I'll let you guys get to the next segment here.
I also want to thank everybody who's listening.
There's 40 people here.
It's super awesome.
And, you know, if you guys ever have any questions about Notional or even, you know, using Notional infrastructure to integrate with OmniFlix or even whatever, please feel free to shoot over a DM and thank you all so much.
Yeah, thank you very much, Jacob.
And just before you go.
Yeah, sister, go ahead.
Do you want to say anything quickly?
No, I was just about to say thank you.
And, you know, we had, we have Sandy as a speaker, she requested just before Jacob.
Sandy, do you have a coffee?
I just wanted to say to Jacob, thank you so much.
I met you in Cosmoverse.
And you made me think about things that I hadn't thought about.
I'm an NFT artist.
And at the end of the day, if the technology is not smooth.
I remember you.
Yeah.
I hope you're really well.
I am doing great.
And I'm just, you know, thrilled that you're still here and you're still building.
And so, you know, a token doesn't have any value, somebody said, unless people are using
it and it does something.
And so when I got into the Cosmos and I read what they wanted to do, I said, I believed
in their mission.
And I said, you know what?
I don't know technology.
I don't write code, but I make art.
So for me to do a collaboration with somebody across the globe in Iran and make music and
a part and people buy and sell that in their token from whatever blockchain they're on.
So that's actually happening on Omniflix where there are several different tokens and
people can buy and list their NFTs.
And then there's like NFT aggregators.
So these things are being built and developed.
And at the end of the day, I am the I am the proof.
I am the artist who feels that the time and energy is worth it to be in this Cosmo ecosystem,
so to speak.
And so this family keeps growing and building.
And I want to thank you for the knowledge that you disperse in the layman's language.
And it just blows my mind.
And thank you very much.
Back to your host.
Oh, you're very welcome.
And, you know, it's really great to hear from you again.
I just wanted to give a quick chance for Ahiang, who's in the space to speak if they wanted
to say anything very quickly.
Sorry to put you on the spot, by the way.
You don't have to.
All right.
No worries.
So great.
Thanks again, Jacob, for joining.
Please do stick around if you have the time.
But obviously, if you're super busy, I certainly understand as well.
The next section of FlixTalk is the engineering updates.
So we'll be hearing from Sisla.
So Sisla, you've already, well, we don't really need to introduce you, right?
You're pretty well known, I'd say, on Obliflix.
But yeah, please go ahead for the engineering updates.
Sure.
That'd be great.
Thank you, Liam, for beautifully hosting the space.
And yeah, Jacob, just a few updates while you're here.
With respect to the FlixTalk, we completed about 8.8 million worth of tokens that were claimed.
This is out of 33.98 million tokens.
So, you know, that is going on well, about 25%.
The total NFTs that were burned was 63,000 to claim these 8.28 million Flix.
And when we talk about NFTs burned, that also indicates the total number of StreamPay streams.
So, Jacob, StreamPay is a module on Omniflix, and it is primarily used for time-based token
transfers.
So StreamSwap is for time-based token swaps.
Whereas StreamPay on Omniflix is for time-based token transfers.
So this is an SDK-based module.
Ooh.
You know how important that is.
Oh, man.
Dude, I have a quick question, actually.
Was that present in the code base the last time I reviewed?
Or is this actually a new addition?
Because, guys, StreamSwap was revolutionary, and StreamPay is so needed.
Yeah, this was after you reviewed the code, Jacob.
So this is a new module.
Got it.
Got it.
Okay.
Oh, boy.
I better try it.
This is awesome.
Definitely.
And just to share a few stats, all of these 8.28 million Flix have been streampaid to people
across 63,027 streams up until now.
So it is being battle-tested as we speak, and tokens are being streamed.
So, yeah, please do try it out.
That's how you did the airdrop.
Oh, my God.
Yeah.
So you have 63,000 independent token streams running right now?
Yes.
Yes.
That's right.
Congratulations.
Thanks a lot.
And, you know, like, yeah, this is the first step in being able to utilize time as a paradigm,
you know, time-based transfer swabs.
You know, all of these are possibilities, but the, you know, the possibilities, again,
are like limitless.
So, you know, with respect to Omniflex, this will be utilized in subscriptions with respect
to, you know, in general, like live streaming, this can be utilized while people are actually
watching content or, you know, like while watching or while listening to a space, people
can pay.
Or if someone wants to sponsor, they can, you know, initiate streams with everyone, you
know, that's actually viewing or listening to the space.
So all of these things are possible and StreamPay is like the first step where things are like
native token transfers.
I was about to say, just sorry to interrupt you, I mean, StreamPay was the first genesis
time-based thing that, you know, we wanted to bring to video streaming and elsewhere,
wherever, you know, payments are being streamed across, considering how subscriptions work.
But otherwise, when you look at, you know, someone who wants to spend only a fraction of
their subscription, but otherwise, you know, they can redeem something that they might
not have spent.
So considering all of these transactional video on demands and subscription video on demands,
plus looking at how overall schedule is planned, like as in delayed real-time and, you know,
at the same time, a period-based.
I think, yeah, StreamSwap is something that we started working later, but otherwise, StreamPay
was something that was genesis for us to, you know, think towards how it is.
Like, think towards how time-based token transfers and swaps and everything will happen.
That's awesome.
Have you guys given any thought to, like, popularizing this technique across Cosmos?
Because, I don't know, for the longest time, I mean, for probably, I'm old, I guess, I don't
know, for seven years.
I've really been thinking about how much less it costs to move value on a blockchain.
And the fact that, like, you know, you could stream somebody their salary.
It could be hourly, it could be every minute.
And it would work because we just move things that cheaply.
Correct.
And you could stop and they could, you know, have a mechanism where they could make sure
to get back whatever you might want to pay depending on the, you know, work job or, you know, things like those.
Yep.
We envision freelancing because we think from creative perspective so that we thought, you
know, when people engage in exchanging value via work and tokens, definitely they look forward
to have a clear mechanism that works well for both.
So far, it has been only escrow whereas in everyone could, you know, lock, anyone could lock X tokens
to send to someone after, you know, some period of sorts.
But now it is real-time and you could just stop it real-time or, you know, start it real-time.
It gives scope for anyone to exchange value abstracting from their work as in creative or pay salaries
or they could just stream subscription money to their favorite creator.
Anyone in general that they want to send, yeah.
Oh, man.
This is very exciting.
I suppose I'll throw out just like one little idea.
I think that many really interesting modules exist in Cosmos, but that we don't really have
a good way of distributing them.
And I don't know.
I hope that we can make discovery better because I think people would just be so floored
to hear about this.
We had a call, you know, it's an official by the way, with Yusuf Amrani from the Atom Accelerate program
who, when heard about Shreempeh, right?
He just thought about this to use for dollars.
It's an exact use case where we discussed like, you know, releasing salaries or, you know,
things like these within a community or it could be, yeah, just peer to peer.
So, yeah, there is, I mean, definitely exposure to modules that are being built is something
that, as you said, is pretty neat and hard because you could just use them and across
and give credits to whoever has built them and, you know, make sure to push forward.
Maybe need something like NPM.
Exactly.
Exactly.
I think, yeah.
Definitely.
That's one way to look at it.
Because every module that's built within X folder on the Cosmos SDK is definitely the
chain's own.
But otherwise, if we could abstract as a package manager that could just like, you know, include
with how Cosmos SDK or Osmos SDK in general, how on Netflix SDK works.
If there was some abstraction like IBC, you mean to say, on the SDK level or module level.
Yeah.
Yeah.
Yeah.
Yeah.
Guys, I have got to run and put a little sunny yet to bed.
I just want to say thanks again, though.
And, yeah, I hope to come out again sometime in the future.
And also, I'm going to be selling some tweets.
I hear you can do that with OmniFlix.
So, good night, everybody.
Good night, Jacob.
Thanks for your time.
It was very fun.
Yeah.
Yeah.
Yeah.
Bye, guys.
All right.
All right.
Yeah.
We have got Manny.
Manny's got a quick question.
But if you want to speak Manny, please go ahead.
And then after that, we can continue with the engineering update.
Yeah.
I'm good.
No problem.
No problem.
In that case, Isla, would you like to go ahead with the engineering update?
For sure.
Yeah.
As I just mentioned, 63,000 streams.
You know, over 21,000 people that claim their Flickstop.
Unique accounts that claim their Flickstop.
So, yeah.
If you are in the space and if you haven't claimed your Flickstop, do head out to Omniflicks.market.
Go to the campaigns tab.
And if you have your NFTs that you can claim your Flicks with, you should be able to see
those in the eligible tab.
See all the campaigns, view all the campaigns in the eligible tab, and you can claim your
Flicks.
That being said, one of the other key updates that we have had, that we have been working
on over the past few weeks, is the upgrade to version 47.
Most likely we will see a few more updates, a few more weeks that will continue to build
upon what we did and plan for the migration to version 47 of the Cosmos SDK.
That is from a protocol standpoint.
Just past week, we've also had the Proposal 15 that got passed and we, of course, now have
the Packet Forward middleware and ICA enabled on Omniflicks.
Quite a lot of interesting things, interesting tools that can be implemented on top of these
protocols.
And yeah, we're working closely with the apps that support TFN.
Most of you know TFN and, yeah, the other developers that are building, utilizing TFN across
the Indonesian ecosystem.
So that is an important update, upgrade that we've had over the past seven, seven days.
And apart from that, the development around, or the engineering work around the migration
to version 47 of the SDK continues.
If that is from a protocol standpoint, from an application standpoint, we have Omniflicks
TV being worked on.
And Omniflicks TV, as you know, is the publishing platform.
And if you're not sure about what it is or how you can utilize Omniflicks TV, tune into
our space on Friday at 2pm UPC in the studio, where you can know a lot more about Omniflicks
TV and all that's coming up.
So if that is one part of the obligation engineering team's focus, the other part has been work for
a new partner that we are working on.
And more details about this will be released real soon, in a few days.
And I'd be lying if I said, if I just said I was excited.
I'm more than excited.
The entire team is focused on presenting something extremely beautiful, extremely slick, and fully
functional for the masses.
Right?
That's all I can say.
And yeah, these are some of the engineering updates that we've had.
Omniflicks TV is definitely being worked on rather quickly for a release in September.
If you read the community update, you know when is the estimated or target date.
We are working with multiple creators, multiple publishers to be able to publish their content
using Omniflicks TV.
And also, we are working with multiple communities that want to engage their users, their communities,
that want to educate their communities utilizing Omniflicks TV.
And if you are part of a community, if you are a creator, or if you are a publisher,
do not hesitate to reach out to us, to the main account, to any of us that are speaking
right now in the space, that are added as speakers.
Do not hesitate to reach out to any of us.
And we should be able to help you out, get started with publishing within the Cosmos and
especially Omniflicks.
So yeah, Liam, those have been the key areas of focus.
Of course, we've had multiple validator upgrades in the past two weeks, ten days, quite a few.
And yeah, the Osmosis upgrade, you know, we've had the Juno upgrade, I think, last week.
Then we had Sentinel.
And yeah, all of these, you know, communities that we are engaged with are progressing quickly.
We are, of course, taking inspiration as well as, you know, making sure we track everything that's happening.
And we make the most out of all of the experiences that every network has had.
Yeah.
So those are some of my updates.
Or actually, I should say those are all of my updates.
So, yeah.
That's a lot.
That's a heck of a lot of updates.
And I can feel the excitement about that TV deal.
Don't think we didn't notice.
We are excited about the TV excitement too, for sure.
Sorry, back to you, host.
Don't apologize, Sandy.
It's not a problem at all.
It's always great to hear you.
I actually haven't got any immediate questions myself on the updates.
Like Omniflix TV is definitely ramping up in terms of, like, anticipation for me.
And it sounds like, you know, for the team as well, which is really awesome.
And I'm really looking forward to seeing this slick and beautiful interface that you mentioned,
Sisla.
So that will be really, really nice for everyone, I'm sure.
And, yeah.
When can we expect more updates from you guys about Omniflix TV?
Definitely.
This is not alpha as such, but, you know, we've been talking to creatives.
They've been making sure they get their content ready, you know, and prepare for the launch.
I definitely encourage communities or creators that are here, creators that are, you know,
that will listen to the space, you know, via recording or, you know, might just hear about this.
I definitely encourage you to check this out because we've seen Web3 communities like IST that, you know, went ahead, published their first video, and they've had quite the engagement.
Right.
And we've definitely received a lot more interest, you know.
Yeah.
You might look at the tweet and look at the lights and the engagement.
It might not make sense, but these are being shared across multiple discords, multiple telegram groups.
This is like a YouTube URL.
You know, of course, there are ways to track where traffic came from.
We are not doing that with the alpha version of Omniflix TV.
There's like absolutely no data that's being tracked.
It's just the account and the participation.
But, yeah, we've seen communities like build engagement right out of here, you know, using their NFTs and using NFTs on Omniflix to build their communities.
One hundred percent, you know, check this out if you are a creator and think of ways where you can engage your own community.
And there are a lot more ways that you can actually do that, you know, that are coming up.
Yeah, Chetan, I see you raise your hand.
Please go ahead.
I just wanted to, you know, put in a thought to Liam.
Liam, you being a video content creator yourself, you know, we would love to.
Don't take it otherwise.
But, yes, me being, you know, one of those persons who have been watching your videos for a very long time and got to learn more about the ecosystem from your videos,
you should actually, you know, try out the Omniflix TV V2 and check out the entire UI and let us know what you think about it.
Yeah, I think you'll need to provide me a link, right, unless it's already publicly accessible.
Yeah, Chetan, Chetan, does Liam get a sneak peek and the others here do not?
No, no, nothing like that.
Nothing like that.
But, you know, I'm sure most of us present here would agree with me that the kind of content, well, he is doing a little bit of that even now.
But the kind of content he used to do before has onboarded and helped a lot of people to know about the ecosystem.
And the kind of features which TV has right now would, you know, in terms of monetization and in terms of, you know, reach as well.
You know, doing Web3 content in a purely Web3 way is, I think, the way to go, yeah.
Definitely.
You know, Liam definitely deserves the sneak peek.
Actually, all of you listening to the space here as well, you know, if you are active on the Genesis creators channel or the creators channel on the Omniflix Discord server and yeah, please be active and you should be able to see a lot more sneak peeks that come across your way.
And of course, you can be part of the early group of creators that actually try this out themselves and go ahead and utilize this to engage better with your communities.
So, yeah, you know, everyone can get a sneak peek, but Liam, you know, we'll DM you.
There's a lot of other people, I think, that could benefit from this.
You know, I see Aulis here, obviously Tardigrades, Tangled, even Tara Spaces, right?
Like you do so much for our spaces, but we don't always get to hear from you.
So maybe that's a good opportunity for you, Coram, Concepts.
I think there's a lot of people who could get an early link and check it out.
So, yeah, that's my thoughts on that.
But yeah, thanks for the kind words as well, Cheetan.
Obviously, content is on my mind a lot.
So I'll be sure to check it out.
And yeah, obviously through DM, you send the link.
Manny, by the way, you've been unmuting a couple of times.
I'm sure you're dying to say something.
So please go ahead.
Yeah.
So like, especially when we are talking about the StreamPay and Omniflix, I mean like Omniflix TV, especially TV video.
So like, I mean, as we previously, I mean, in other Twitter space where Sishla shown how the Omniflix TV UI and how it is going to be fundamentally structured.
So like, I mean, this is a I mean, this is a right path of like events showcase in the sense like first we did the interact to claim module and then StreamPay and then suddenly Omniflix TV.
And then everything is integrating into a single solid media like product in the sense like publishing kind of juggernaut in the sense.
Yeah, you know, I think I've always believed like the content publishing or the content like platform, however you want to kind of define it.
Like Omniflix TV, I've always felt like it's a really strong, unique selling point for Omniflix.
Obviously not the only one. We have NFT collections, we have amazing creators here.
But yeah, the TV element, it's definitely a strength from Omniflix that I haven't seen from other chains to the same degree.
I don't think anyone's really working on anything similar in Cosmos as far as I'm aware, at least not with a TV kind of content focus.
And, you know, Deya, I've spoken to you both like a couple of times about this and your experiences in this area as well.
So, yeah, I think I'll just point it.
So, yeah, as you could see and as you could sense that, you know, we've been working on this for quite a long time.
And all of these tooling has been in production for almost a couple of years because when we started working, you know, towards Omniflix network and then started, you know, building everything, right?
There was a ton of things that we were already ready with, but definitely it needs an economic activity and at the same time, you know, on-chain activity that binds together both of these.
So, we've waited.
Now, I think since because we went public and there is, you know, a ton of things that we've been working on needs to be released, I believe everything is coming together, you know, this year.
And by end of this year, there will be a lot of things that will be rolling out in terms of, you know, delivering media and, you know, making sure that things around interactive TV and everything around, you know, using infrastructure for this to, you know, make sure to deliver a stellar experience is, you know, going to be unwrapped.
And, yeah, there's a long way to go, but otherwise, yeah, the first version of everything that we've been working on will be released, you know, one by one and, you know, step by step.
You know, I just want to, you know, echo Daya's thoughts and, you know, it is, there's been a multi-year plan.
Some of these, like StreamPay was worked on in 2021.
On the 16th, the first version was incidentally on the same day as the Osmosis Zone launched.
So, the Osmosis Launch Party, I'm not sure, for those around in 2021, they might remember, but the Osmosis Launch Party was the first interactive video campaign.
So, Osmosis used it back then.
And, yeah, I mean, I'm sure people remember that there have been a lot of communities that used Dominique's TV as well and, yeah, saw value.
So, this is something that we're very excited about and this is the start of a lot more to come, honestly, both in terms of technology, both in terms of, I'd say, media delivery, the media management, distribution, monetization part, you know, where IP is completely integrated.
And also from a social layer.
So, you know, every layer, you know, you'll have something or the other when it comes to, yeah, if you're a stakeholder at every layer, there's something.
And, yeah, Liam, you know, that is possible.
So, you should be able to, you should be able to stream using Omniflix tech and integrate it into Passage and eventually a Passage world as well.
So, shout out to Passage for going ahead with their StreamSwap stream on the 29th of August.
If you are someone that has participated in StreamSwap streams, being part of the Flixfam, you know, this is another project for you, not financial advice, of course.
And then if you haven't utilized StreamSwap, the Interchain launch pad on Osmosis, you should definitely try it out.
Go to app.streamswap.io on the 29th of August at 11 a.m. UTC and you should be able to view the Passage streaming action.
I wonder, are we going to get Passage on at all to talk about that in any of the spaces in the future?
I'm sure we should, you know, we'll plan for the collaboration a bit deeper and on a loop also.
We've talked about it earlier.
Yeah.
Things never, like, progressed, but I don't think it's anyone's fault.
So, at the same time, you know, we are very excited to see what they're doing and, you know, huge support to all of the builders in the space and especially the ones that have been consistently building.
Awesome.
Super, super.
How are you doing, Matt?
Hope you're doing well.
Good to see you as a speaker.
Please go ahead.
Thank you, Leanne.
It's okay.
So, hopefully, I'm audible now.
I have got a new phone and I've been having a lot of trouble.
So, this is working.
I'm sure.
All right.
So, you know, this probably has been the longest in a space that my phone was working and I did not speak.
And I actually did it for a purpose.
I wanted to wait, have all the updates shared and then come and speak about the Flix Fanatic Subtile.
And make sure that the people who are here, even, you know, in the space, still get some L funds by Flix Fanatics.
So, let me start.
And I will quickly just take a minute before I give the updates.
So, you know, it's been fantastic working with Omniflix.
All of us, the Flix Fanatics, me, Joseph, Mani, Tanker, joined around the same time when they were taking the first few snapshots of the Flix head drop, which a lot of people think was ages ago, but it wasn't.
So, today is probably one and a half years, 18 months since the Omniflix hub chain went live.
And we have this month crossed 8 million transactions in total, which I suppose thanks to the validators who have been consistently validating the chains, the blocks.
So, great work there.
And we have also crossed 1.5 million transactions.
I think a big thank you to the creators who probably have been active even before the token went live.
And, you know, we at Flix Fanatics always try to match the energy of the team.
The team comes up with so many updates, so many things.
And we at Flix Fanatics also try and, you know, be one of the most active communities of DAO in Cosmos.
So, we come up with something each day to keep our community members, you know, keep interacting and come up with more things, interesting things about, you know, how we can interact with them.
Have them share their thoughts, suggestions, feedback.
And I hope we have been doing well.
Hopefully, we are.
So, now, just wanted to also share some alphas.
Now, what we have been up to.
It's been 18 months now, right?
We have done millions of transactions.
The token is launched.
The airdrop is live.
It's been a while.
Most of the people who have claimed on the first day, probably in a week, they will have all the Flix drop, even liquid, at StreamPay.
So, we need to do now more than what we have been doing.
And with that, there have been some changes in the way the Flix Fanatics subdao will be conducting its activities.
You can expect some batches drop, apart from the proof of participation NFTs, and the batches drop will start most probably from 1st of September, when we will have our September Flix Friday.
So, note on the date, make sure all you guys participate in our Flix Friday campaign coming on 1st of September.
Because these batches could not be bought, this will be dropped, and we will be then collabing with our partners to get value for those, including whitelist and some free tokens and collabs.
We will come to that.
This is just a basic alpha for people who joined our space and remained till the end.
And this was like a thank you to them.
So, what we were up to.
So, that will be happening, what I said.
But what we are up to, right?
A lot, a lot.
So, now, Saturday, we did our poll.
We asked, as we are celebrating World Photography Day in OmniFlix market, where do you see the future of photography in the NFT space?
And we got some very interesting answers.
The poll is still live on Telegram.
I will request each one of you to come and participate.
And in case you see one of the options which is not mentioned, and you want to send, comment and post us, and maybe we might be able to introduce some more features for our Flix fan.
But now, everyone is aware that we used to have quiz on Sunday, and there used to be two rounds of quiz.
But we have changed that now.
So, from this week onwards, the Telegram quiz will be on Saturday at 1400 hours, and the Discord quiz will be on Sunday at 1400 hours.
This has been done to make sure that people who probably want to enjoy the weekend, and probably are not available on Sunday, can still participate in the quiz.
So, now, you can come on Saturday.
And since this will be our first Saturday quiz, Telegram quiz, expect a lot more prizes than what we have been giving.
But this was not just said, we have been doing a Proof of Participation NFT draw, and those who have collected were aware that before, even before the Flix drop happened, those who had the Proof of Participation NFT were able to participate in our campaign and get some Flix tokens.
Well, you can expect some more, not soon, but you can definitely expect some more, especially not that OmniFlix TV's next version is about to release in a few weeks, and then Cosmoverse will be happening.
Expect that you will be having a lot of utility for your Proof of Participation NFT and the batches, which will be starting soon.
No, that.
So, there is more.
So, what about the, you know, Pope NFT, you have come to OmniFlix TV, Alpha or OmniFlix.TV, you have participated in that.
So, why I'm talking about it today?
Because today, we concluded the World Photography Day.
It will be ending in a few hours, which might be tomorrow for some people, and might be today for some people.
But, with the end of that campaign, we have gone live with the OmniFlix.TV interactive video, simple questions about World Photography Day, participating in that.
And, with the Discord quiz on Sunday, we'll be also selecting five winners, and each of them will be getting NFT giveaways from Flix Analytics.
To make sure, if you have collected any NFT till now, from the curation, the campaign, or if you're going to do it now, make sure that you tweet about that NFT.
That's the most important part.
Tag your creators, because they do a lot of hard work, you know, to bring those art to the OmniFlix marketplace.
And, when you're collecting one of those NFTs, it will be, you know, really ideal to tag them and let everyone know about that NFT that you have bought.
Also, since I've got this opportunity to speak, I'll also take this opportunity to remind everyone, guys, the campaigns are still live.
If you have been, you know, eligible for any of the 33 cry out, you know, eligible campaigns for AirDraw, go ahead, claim those, use those NFTs, Flix tokens.
You can probably pool on Osmosis, we have between 51% and 57% APR on our pools, we have 142% APR on staking, and this does not even include Atom, Osmo, Juno, Huawei, Akash, and even ISG now, as you're staking to watch.
So, make sure that you do, you know, accumulate those, everyone is talking about the beer market, but beer market is where you accumulate your bag and be ready for your bull run.
And, this is the best way of doing it now.
So, stake one token and you're getting a lot of these tokens, and all of these are blue chips, Atom, Osmo, Juno, Akash, you know, you will be having a good bag when the bull run starts,
so if you're staking your Flix tokens, so use the, probably the rewards which you are getting from us, buy some NFTs, or stake your Flix tokens, LP those, and, you know, have fun.
Thank you for all of the updates there, Supra.
I'm always impressed by, like, how many different ways people can get involved with what you're doing with the Flix fanatics.
There's so many that I, honestly, I have to write them down every time, just because there's so many different, like, ways to get involved.
So, I really like that, and I hope you're seeing, like, steady, like, retention, at least, of people in these, like, schemes or these community, like, events,
and hopefully you're seeing some growth as well.
Like, how has it been for you on the ground there doing everything and interacting with the community?
Well, it's been really great.
You know, like I mentioned, we have been, behind the scenes, we have been planning about what all we can do more for our Flix community.
And, no, it's also the Flix fanatics, even our creators, even the, you know, community members.
No, I'll just list on some members over the top of my head.
I'm sorry if I miss anyone.
But, no, we have not just Joseph, Mani, Tanka, we have people like Wendy, Abraham, we have even Tardikwit, Stangles, Darklight, you know, these people.
They are always active.
Maxim, Steels, they're always there in our, you know, whatever we do.
And, you know, whether it's quiz, whether it's poll, they're there.
They show up every week, they, you know, help us keep, you know, doing these things.
Because if members would not show up, if the community wouldn't show up, there is no point of doing all these, right?
So, I'm really happy with the way things are going.
I don't care about the price personally.
I know a lot of people does, and rightfully they do.
But, like I mentioned, for me, this is the time to accumulate what we love.
And if you really, you know, have been following up with what the team has been doing, OmniFlix team has been doing, it's a no-brainer that you keep accumulating some Flix tokens.
Check those.
So, and don't worry about the price.
It will always be just beer marketing and bull marketing.
So, yeah, that's probably, you know, what I've been up to.
But I think, like Chetan mentioned, I would like to really request you.
I've seen recently you have, again, posted some videos for CryptoCito channel.
So, maybe you can even have those videos on OmniFlix TV.
In the next version, you can have your episodes.
Vint it there.
And it will be fun to see you there.
You know, we have been even talking before you were hosting the spaces.
And I would love to hear you on OmniFlix TV.
And that will be really cool.
I've seen some snapshots.
I would not, I have seen some, you know, screenshots and snapshots about what's happening there.
And it's so much, so much more than what you see now.
And firstly, I think it will be very difficult for me to choose my favorite tab between the marketplace and the OmniFlix TV once the next version launches.
So, I'm really excited about that.
Let's see what we do.
Thanks, super.
Yeah, I guess it's a difficult one, right?
Because I'm taking a break from content right now.
But you never know.
You never know.
That's what I'll say.
So, I'll check it out for sure.
And obviously, I'd be happy to try and help find, like, a good product market fit for, like, OmniFlix TV.
Or help, like, creators use the platform, perhaps.
But we can talk about this maybe closer to the time it goes live, right?
Maybe the Flix fanatics can have their own videos as well, right?
Like, community videos or videos from yourself or from someone else in the Flix fanatic team.
Why not?
Especially as, like, OmniFlix TV grows.
Yeah, like a channel for you guys.
I think that'd be really interesting as well.
Definitely.
I think you have given me an idea, which I will discuss with other fanatics about not having community members create videos about OmniFlix.
And we can have them listed on the new version.
Sure.
I think that'd be really interesting.
And, you know, I've had a lot of discussions about, I don't know if it's a lot, but I've had, like, a few discussions with Sysler, Deo.
And, you know, we spoke about OmniFlix TV a lot in these spaces.
And I just still, like, imagine, like, these community pages, right?
These, like, TV channels, like, your community pages.
And I think Flix fanatics with their own page or their own channel or their own, like, dashboard on OmniFlix TV once, like, the product's matured enough would be really cool.
And it's all community curated, community upvoted, but maybe that's a little far, like, in terms of the scope of the first release.
But, yeah, those are the kind of ways I look at the platforms, like, just having all of these different pages for different people and different projects.
And, yeah, anyways, let's see what updates are coming from the OmniFlix team regarding OmniFlix TV.
We look forward to hearing more from you, Sysler, and yourself, Dyer, about this.
And I'm interested to see which creators and which teams are leveraging the platform when it goes live.
So it's really awesome stuff.
We're very excited to share those updates as well.
Thank you for hosting us today in the end.
And, yeah, Jethan, I'll let you take over for the final chopper.
Let me do it.
It's time.
Thank you all for joining us today.
We've had Jacob from the Nostranda Validated.
We've had Sandy, Chetan.
We've had Mani, Super, and, of course, Dyer, share about their experiences, perspectives, and all their thoughts.
And along with that, we've also had your host, Liam, who spent quite a lot of time.
It is never your fault, Liam, that we go over time.
It's just that we have a lot of things to share.
And all of the stakeholders come together for the Flix talk that happens every week.
And, you know, we do.
Feel free and honestly pretty excited to share all of these updates with the community.
That being said, thank you all for joining in today.
Yeah, have a great week ahead.
And see you all again next week in Flix Talk 83.
And by then, I'm sure we'll have some great news to share.
So we'll talk more about it next week.
Thank you all.
I think we can end this phase in 3, 2.
We'll be right back.
