Yeah, I was drinking coffee sorry, I We're doing my friend Yeah, today we have gas here. We have Leo are doing Hey, it's your off. Hey, Danny a half a
I'm fine. We are ready to open our platform. So we are excited with that. Yeah, everyone is I'm very excited. Let's share here a little bit of what we are building in
and it's always great to talk with you. The first time that you are in the GM, I think yes. Yeah, I think yes. It's the first time that I'm here to talk a bit.
Yeah, thank you for accepting the invitation and to be here with us. We will open our super flip bad at test in the Monday. So it will be great to explain a little bit for the guys here and for the recorded edition as well.
What is Super Flip? Can you tell a little bit? What is Super Flip? The first thing I would like to thank you everyone from our team that are managed this space, this GN and all the
It compays and I hear every day speak to the community, open to receive everyone. We are ready to grow. We have a great structure.
And it would be amazing the next month. So just to talk a bit about what is the sweet and flip. It's a new product from the
the NIFT-5, this is why we are here. And it's a marketplace and working in the NFT space since 2000 to any, we saw a great opportunity in the related to NFT collection.
As a fractionalization protocol, we were working with NFTs, unique NFTs, and we saw we faced a great gift-good on that because it's hard for
for everyone understands the value of NFT1 of 1. And we saw the entire market speculate trading NFT collections and we understood that
the greatest opportunities are there and even the market offering great opportunities there and huge amounts of trade volume etc the solutions
in the market wasn't so good for wasn't prepared for the the flippers. So building our solutions, building hockey pool, building
the ground bed, we connected, we thought how those features could be connected to empower users in the when we are looking for NFT connections. And
the ideas started to appear and we saw the first thing it was related to the user
experience. Open C in the first days it wasn't prepared to flip it's like it was like a
are an Amazon to sell NFTs but what people want right now is flipping so they need price history they need volume they need
to flip and as you can see was the first and the big marketplace it was difficult for them to
to innovate in this space and it opens opportunities to other companies, other projects and even after a huge NFT summer and a long-term
So the solution is too open to be created. And we are here, bring the swimming flip. There is, I know that you like it place, we don't know another thing.
like what we are doing now and we are very excited with that. There will be two main operations, two main components, our marketplace and the first one we will launch
Next Monday there will be our aggregator so as on blur, on gen unislapped magically you will be able to get the best price in the Atari market.
So we are tracking all the marketplaces, the main marketplaces, the quid. But it isn't only that. We also are bringing a simple way
free benefit is so here you can at the same operation this is our main main tool for our money for this money is that in the in the same operation in a clean UX without a polluted
without how can I say headroom done to information here you can make a we help you to to make a decision in a watch and if the
you will want to buy you buy and we help you to make the entire operation in a single transaction so you open here we treat we manage you can manage a nst purchase
as open a position or a trade-in position. So here you can buy an NFT, buy a or some an fts and select, you can set the target property that you want.
in that operation. So in the same transaction, in the same operation, you sweep the floor, you choose your target property and then you release it in another
marketplace so you buy the NFTs and put them on sale at the same operation and connected to our interface that everyone is used to use will defy that the same
So you wax the same UI from that unit swap brought towards in swaps we are also bring that to to the NFT space. So I think this is the core for
This is our first step. Great, Leo. Thank you for your overeal of the two aggregators. I know that this is only the beginning of the platform, but just to tap into how the
The Gator was built. We had a lot of early feedback of the flippers that we were close to us, La Lua is one of them, and we created a product that suits the best of their needs. Beyond that, we had our
So far our private beta task with Kriotry and was the best way to heard from the community that he really uses this that flips that gives some feedback on what we are building. But overall it's just the beginning.
Disaggregator as you said is is pretty Clean and uniswap units are being like platform. It's very What we would we would expect what unit software would build if they build like
like an NFT platform from scratch, from their style will be like that. I would just want to say GM to Gritty, how are you doing, my friend? GM GM friends, I'm excited, excited to have Lail here.
nice to see like new faces it's nice to have him here talking about sweet and flip and everything that we are building and yeah like so just want to say have a great Friday to everyone and I think I'm about some questions so I will be back later okay perfect thank you
So Leo, this is a quick overview but what's the roadmap for this platform? What we will expect from next steps? This is great.
What we are about to launch is the first step is only a tip of what we are
really what is the really core of the platform because now we are focused on bringing people to use, bring people to know our brand, our new brand and we are providing this pretty good
UX but the main thing is that we are working since September I believe there is an AMM again
like uniswap v2 so we are inspired on the uniswap and we are redesigned at AMN uniswap v2 curve xy equals
K that is that is price it by this this equation to pricing NFTs so the idea here is that people will be able to provide liquidity for collections
And also price then FTs because it's a bit different from Sudo Swap because on Sudo Swap we have the main curve there is like a Uni Swap
V3 where you set the price range to provide the liquidity. And this is very amazing, this is very powerful, but what you are bringing is exactly Unisop V2 curve. And the
Uniswapitu curve was the liquid pool, this curve of pricing tokens was the main responsible for the the five summer in 2021, in 2021.
And we are bringing that to the NFT space. So we are really excited with that. But to explain a bit more what is this. Here everyone can provide the liquidity into the pools and you need to put
50% of the pool in the Florida NFT collection and you need to put in the other side the other half of this pool will be on a video
So here is better than on sudo swap because on sudo swap you can put only NFTs if you want. Here you are obliged to put Ethereum. And this is very powerful book because the Quitch Providers will
we will keep the liquidity for the collections. And we also believe that this can be a game changer for the NFT space because once we
We go to other market places. We look at, we search for the price. When we talk about how much is the price of this collection.
We used to say that the floor price is 1 if, for example. But so I have for example 10 and fts and I know that the floor price is 1 if, but if I try to sell my NFTs
The first one, maybe I would sell for 0.8 if because they also price the selling market price as a
offers so the best the best you offer so where when will you we we try to see up the lefty price they show us two prices the the floor price for buyers and then
best you offer for who wants to sell. But in the fight, when we ask, what is the if price right now? And you're going to uniswap, we can say that is
Wow, $1,700 if. So we have only one price. We know that the price is that. And when we want to try to buy this material there,
We know that we will pay a bit more because there will be a slippage. And if you want to sell dairy, if it is in this pool, we know that the price will be a little bit lower.
We have as Mao is lipoge and we are bringing this concept to the NFT space because After our books the books are powerful to price NFTs so because after our books we can Say we will be able to say that
this floor price this collection of floor prices I don't know one if so if someone will try to buy or try to sell NFTs there will happen a small slippage related to this one if I disease
something that I believe that is very powerful. I don't have a question but I have to point out something because you mentioned that to the swap you use
and NFTs. So you can create some pools between NFTs. And now you are opening the possibility to create pools between coins and NFTs. Do you see
that Sweep and Flip is bringing to the ecosystem, to the NFT ecosystem, a new support, a new ecosystem as well. And also, what is the best scenario for Sweep and Flip? What is the best scenario?
match between collections. Do you have any collection that you want to bring to this to this platform? Because it is very very disruptive and I think that Super Flip will certainly create something new in Web 3.
I believe our AMMs suit for a collection that have at least 3000 items because the booth needs to have at least 40
or 100 NFTs inside. So I think and I believe that it's powerful for any collection for all the collections because
Once they have liquidity, they are saying to new possible members and they are saying to their actual members that there is a same
space there that they can be partners that they can they are welcome there because they can live when they want because they can sell the NFTs into their pools if they want.
then I have this space server with a lot of tools and collection that are designed only to grab money and once we in the near future when we saw
that some collections have a huge liquidity. We will see that there are a safer environment to onboard. So, oh, I want to join this collection and they have a liquidity pool with
300 NFDs and 300 if so there is a safe environment to join if I want to leave anytime and disease
the core for the collection because it would be a way to show that they are doing a serious work there.
When we are thinking about price, price, the NFT collection, understand the real value of that for the collection, the main thing would be the liquidity debt keeps the
this price. And once we have liquid chip tools, we open doors to arbitrage. So it will be easier for people for the
the FIQ system for everyone to arbitrage into their books, into our books, and then bring a huge volume to that and also helps to specify NFT collections.
I believe once the collection have a hugely creative shape and they show that to the market, I think it will be also an opportunity for them to increase the
the floor prices to that is good for everyone, for all the participants. And also increase the floor price with liquidity, with volume, with liquidity, so this is very powerful for the
So taking a little bit of an extract of what to say about AMMs and how they can help the NFT market, how they help it, how they help it the DeFi market in the
in the past they help it defy summer happen I don't know if I get everything but
connecting the NFTs base to the FI is something that everyone is thinking and creating different solutions. And we have something that is amazing.
about the five, the rest of these spaces that the beer to pool lane, bottle lane to protocols like Benchdown. And they worked with selected
collections because they know that they need a lot of liquidity to operate. We really believe that once our pools will provide, we increase the liquidity of the market,
any collection of all the collections that we believe that we will be a way to make safer for all the protocols to integrate
So, Beth Dow will be able to integrate in many more collections. But the greatest thing that we believe that we are bringing to the NFT ecosystem is that we connect
the defy volume with us because our points are a defy technology they are ERC2N composable so we we are app
NFTs into ERC2N and reworking in our pulse exactly. And, and once we have that
The other, the fact that technology can easily integrate in our pools. For example, one inch is an aggregator and in the last 12 months, their volume was $150 billion.
times the entire NFT volume. So once they can arbitrage, they can look for arbitrage opportunities in our pulse, they are bringing the entire DeFi volume
to the NFT ecosystem. So I believe that's a huge for the NFT ecosystem because if you try to swap on one inch, you try to swap MKAR to
to SNX token, maker to syntax. If you are trying to do that in a big order, and one issue you use their routers to
make to you the best swap end, deliver to you the maximum amount of smx token. And when they do that, they spread your money into
food, buy cheap and sell expensive in other foods in a way that they delivered the maximum S&X and our NFT booths will be able to be read to them and use this
for a by then to to have to act in our books or in any of the books different from from sudo suapp because the sudo suapp they have a year C7 to one structure so it's hard to it's hard for one engine
integrate there. And here we have a defy technology so it's easy. So we believe that when you are in the device space, you will make a swap there
they will have to try make a betrayer in our pools. It brings a volume that is new for the NFT space. So we also believe that we will grow a lot of these NFT volume in the ecosystem.
And again, our technology is amazing for the collections. And besides we bring this entire volume, we also pay royalties for the collections. And as
This volume is, is from the defy is another technology. We, we, we understand this as a new revenue string for the collection. And we are bringing a much higher volume that they are.
facing now in the NFT ecosystem. So we set 1% as secondary sale for the collections,
to reward them and collect them in the Define Consistence. So we are also excited with that because we needed to do that because now we are thinking in Define not only
in Royal to Zen witch art, the artists are selling. So we decided surfing that fits in the best way to the five spaces
to bring the more vulnerable as possible.
The NFT ecosystem is yet a little bit primitive, how the infrastructure runs, it's pretty primitive yet. And it is kind of, we need more liquidity on it and this is the most important thing of
say when you're talking about infrastructure, economic infrastructure and NFTs is how to increase liquidity. And when you're talking about that, some marketplaces now are fighting for liquidity and how to bring volume to their marketplace
And this can help or not some parts of this relationship of the economics of the NFT ecosystem. We have traders, they buy this cell, we have the collections or
the artists, the guys that do the NFT itself, and we have royalties in this discussion. Most of the marketplaces are cutting royalties to have more volume, but they are doing in the order book style marketplace.
And what we are doing is increasing volume in a word of very very plus times this. And we are using the Laffer curve.
the economic concept that if you increase if you get low royalties and increase volume you can create a frictionless economic and create more revenue for the part
This is the most used to taxes, but you can apply this as a tool for rioters as well. The collections gain because they have more money when they are hands at the end of the day. The traders gain because it is more a opportunity for arbitrage.
said this can be input into the riders of the of one inch of other aggregators, DeFi aggregators and we can have more more liquids coming from them. In the end of the day we have more people trading more
assets and have more liquidity and more space to arbitrage. I think this is the end goal is to create an infrastructure that is more robust for our NFTs and I think that's why they got it. And the MMA, YMAMs are interesting for
this space, right? Then if you want to ask some questions, feel free. Anyone that is in the audience as well, feel free to go up and ask some questions in the chat as well. I just want to make a compliment because
It is too much easier set your profit rate on the platform. I remember when I tried to flip my first NFT and I was waiting for sell it. But I don't know which profit I will want.
So it was very difficult and I think that the SRIPAN SRIPAN is a great platform for those who don't know how to flip NFTs yet. And for those who already know how to flip, you don't need to be awake at night just waiting for the price
It's the best platform. Yesterday I bought my alien friend by using a sweeping flip. I didn't flip, I just swept an NFT from the floor. I was about to buy
this NFT from OpenSea. It was like 2.2 ethers and I bought on Superflip 0.2, 0.22 actually and I just bought on Superflip for 0.2 and I was like I
I just saved a great amount of ethers, you know, and we need to see beyond the open sea, you know, people are using open sea too much. And yeah, what superflip is doing is, is made a research, is make a research for you so you don't need to
to go to marketplaces and open a bunch of tabs to search the marketplace with the best price. And yeah, that's my compliment here. I just used it one platform, and Super Flip made it all for me. It is an amazing feature.
I bought some lars using it in the private bad at that. I just realized afterwards that I was buying this from Sudo-Su-Dosu-Long. It's been the day as an infrastructure.
from today, I used in AMM a V3 style Uniswap VAM but the cheapest one was the cheapest one when I bought and imagine what
what AMMs with VG models with LL-equity provided tokens can accomplish, no? It will be very interesting to see, at least to say at least, and it will be very interesting to see how things will unfold.
one final question from me, if any other of the guys here want to make some other questions feel free. But my last question, it comes with how how Nifty 5 and Supern Flip can
can suit in this market place and after market place war because we have a lot of hotness in this space. A lot of things are happening in this space. Essentially in a war between
places between the gurgators. How do you think the NFT and the 55 and should be if it plays a role here? We are enemies of, of everyone, we are friends, we are supporters, what we are and what role we play out here.
The main things in the NIFTRI when you have things about NIFTRI our main view is to to build
decentralized applications, to build using that term that I like a lot, that I like a lot is a lack of cryptography. We are building the laws, the rules of the metaverse there.
So, there we in NIFT-FI we built a lot of things different applications for the entire ecosystem.
And when we are looking to sweep and flip, there is a product by NIFTRI. It's something that we know that we will be standard in our
the marketplaces, we know that all the marketplaces, we implement their own booths, some of them can implement the sweeper flip to the flipping tool.
And this is our... we know that we are building amazing things to the NFT, to the DeFi space. The way that you want to join this
is 2p, we recognize that we are the creators of that and this is only the beginning because there is a lot of things to do here and I
a lot of things to innovate and once we built this, so the swap started this innovation on bringing AMMs for NFTs. Now we are bringing another concept
And after us, other people, other teams will create other things. So this is disconnected to the NFD space, to the 5 space in the most beautiful way.
most interesting way. Some teams that have the same view, this kind of view, for example the optimism team and what they built their vision to
to promote the creation of depth centralized applications and that is what are doing so so we are building a
We are constantly evolving our community and we have this focus so we have some some some problems in our
community as it was the builders lab that the see off the end, then the end, Krypton, Egypt, all of the end they teach for for the community.
about the NFTs, about the device space to empower everyone to build their own ideas, to bring their own ideas, to build their own projects to this space.
we are always participating in hackathons and we designed other products there. So this is our view. Our view is to build in the file.
And building here in the FI, we will bring great people with us, great people to join our communities. And I really believe that
And we solved something like that that is a lot of money that consists from grants from the seeds that are interested on
on this kind of things so I forgot the turn. See you off can help me.
Yeah, we are building public goods for ecosystem. So, this is what the FI, what is about the FI. So,
So we keep building, we are delivering great products now and we have a lot of others to do and our
Our space, our brand, in this space will be there and we will board great VCs, great people, great builders to keep beautiful with us. And when we look
to the biggest protocols, biggest doubts, we can see there that is diseases exactly what they want to help, what they want to promote if you join
They want each community if you want the optimism of the abit, all the layers and is marching. This is exactly what they want. They want to
make a big easy UX space to work on, billions of users in the future. So here we are working on
We are in no achieving in the market and there are a lot of opportunities and different things to be viewed. So we are here for that.
I think he was rugged. Let me see.
Oh, okay. Can you are you in me? Yes, yes, of course.
not now but don't worry, friend, don't worry. And what is... Yes, oh, Kryptonita wants to talk a little. Let's go
Go ahead friend. Yeah, I want to ask you about like the marginal stuff like about the system like about the trees a hole and especially about all these banks going down no days like we know that
We saw Silicon Valley Bank, we saw Silvergate, Signature Bank, and I want to ask you, Leo, what are your thoughts for the crypto ecosystem in 2023? Are you bullish, share your beverage? What is your feeling right now?
I really don't know why these spun up last few months and my expectations were very bad.
because the world is broken, it's broken. But what we can remember, the principles about
Bitcoin. We know that exactly why Bitcoin exists to be out. To be there.
The season in the year, I don't know how to say that in English. The black swan, to be the black swan in the space into economics in general.
The world started to broke, I don't know, the end of the last cycle in 2002 and it was only the beginning and we saw Bitcoin pumping from 3, 3K
So I am seeing that this is only the beginning. I think we can have some crashes even in the crypto space.
we can wake up in a day and Bitcoin can value 10k I don't know but exactly how it was in 2020 but in
the midterm I am really bullish with that and European banks are printing more and more money and this is they started to now treat banks
Thanks, book it in the same week. Everyone, no one knows where they should put their money now. And to avoid the bank run, they need to break more and more and more money. So this is only
only the only way is to be bullish with that because this is why Bitcoin was invented to make us safe from these rulers.
Can you guys hear me? Any chance? Yeah, yeah. Okay. Thank you. Thank you. So I was hearing all of you. I don't know what that was happening. I think was my my
microphone or my internet but I don't know. Just I would like to thank Leo for remembering us that this situation was exactly why this ecosystem is made.
So what is important on DeFi is to create tools, how people will use them, we create tools to they are open and permissionless and trustless and I think this is the main goal is not to dispute
with others but is to bring the best and other will contribute to other things with other best futures best things and we can all accomplish in this money lego's you know we always do this
have this expression that all things are interop, things have match. You can do things in one thing and other thing, other thing and you can just combine stuff and I think this is the most important thing is building in public.
Thank you. I think that's that's it for GM. Thank you, Danny for being here. Thank you. Goody and especially Leah for being here. Yeah, amazing amazing. So don't forget you know Monday. Yeah, yeah, stay tuned.
Monday we have the official launch of the open beta test and we have a town hall in English and in the Thursday in the ESE Eastern
time it is something like 6 p.m. at 7 p.m. you to see yeah thank you guys for being here and I see you guys oh mother thank you bye bye