Infinite Horizon of Secret NFTs

Recorded: Feb. 8, 2023 Duration: 0:23:49

Player

Snippets

Okay, can you hear me? Yeah, I can hear you. I think two types of issues. Oh, okay. Yeah, why I think it's better now? Great. Let me just share the links to all those containers. Why I think two types of issues? I think probably
I think it's
better now yeah yeah it's better now now only we need to reinvite somehow everyone okay yeah I'm sending links no sort of
So there was a problem with hope I think with the connection so we reconnected and it looks very good now. Yeah it's very good you know. I can hear you guys clearly.
I was not going to issue getting what you guys are saying earlier. It's very clear now. That's an improvement. Okay, let's give it a
moments while I was in
Okay, so can you guys let me know? Yeah, I can hear you Alright so can you just me first back a little bit to talk about all those activities so
post-puitos. So, let's start from the del-Kangong to the next question. Yeah, I think we were at the place that I really was talking about the other things related to Creator Space. I'm not sure if you want to do it, earlier I will look at
Where did I stop? I think I was talking about possibility for NFT owners to list on Act list. Like passively, no need to do anything. Like if there is a permission to be indexed.
and any public data will be indexed that case and would be available on marketplace, not even for sale, but for everyone to see what is available on that collection. And eventually if someone is interested that they can send
request to buy it for X amount of tokens and it will be up to the owner if to engage in this peer-to-peering exchange if the owner finds it's good offer for example but this would be also like a passive way to list a collection
to make to expose collection for broader audience because our search is going to be very fast and filtering will be possible by many attributes and I think this is also a great way to help NFT creators
and owners to market collection even if they are not going to sell it like actively. I really like these features that we need to do in the NFS phase because we're able to feel tight and also be able to
and also receive different offers, seems really great to me to be honest. When I got it, I got scum life on my next trip, so I tried to work really hard. And this would really help our creators on this thing. So, talking about creators, most of them would definitely love to explore actually.
So is there any opportunities for users on athletes? I mean, the nation of the athletes points probably could not you talk much more about that. And if there's any other opportunities. Yeah, I think there are a lot of
opportunities for other people feel free to do in the discord it's on our Twitter account but there are many opportunities we are searching for active ambassadors there's a way
to earn active points by staking on our delegator for example on our validator. There are possibilities to engage with us. There are missions upcoming and batches upcoming for the platform
So there are a lot of opportunities for users to show to activists and community what they can do. And yeah, just join and show what you can do. Let's see the only thing that I can say.
Thank you very much for that. I believe a lot of guys would love to explore the opportunity. So okay, before we end, nice space. So is there another question from Dozo tuning? Let us give them four questions.
I think it's a pity that we needed to reconnect.
Okay, there's no question. So is there anything you guys love to see or is there anything you guys love to tell those are tuning? Is there any offer you guys love to share?
So yeah, I was the teller, I guess. Okay, I think I'm not there. There is one. Yeah, hi, there is one part which I can just to conclude.
our parts and what we forgot to mention is that next half a year we're going to work hard to deliver to deliver product the application act list which will be ready for main net and main
Net is planned for summer and there is a list of features that we still need to add and one of them is to improve search performance at NFT creator space and to
second type of auction fixed price sale and so these are the main parts and at the end before main net there will be like better testing to verify that everything works as expected and
I can explain the motivation why we are using active points because we are pre-cautious about upcoming regulation. We are not rushing into the
tokens of the project before we know the regulation because for Europe and company behind activists will be based in Europe and we will comply with the European law in the first place but what we understood
that first law regulating utility tokens like active token in the future is going to be utility token. And this regulation will be partly, it will come in force next year in
spring and then we will see the shape of that regulation and we will be able to, well, basically we want to comply with the law, but what we can tell already
for the regulation because this public sale burning tokens or staking it can be seen as a kind of manipulation so we want to avoid that and there are light
forms like air drop and private sale. These are forms which will be less restricted and we want to go in that direction. Private sale and
And for the air drop, we of course want to reward first users for helping us to test the platform and grow this ecosystem.
But for the air drop, this has to be clearly transparent and it has to be well distributed to avoid any kind of manipulation. Because upcoming regulation is going to be very strict, but we want to
to play fair and according to the rules. But up front we want to plan tokenomics already. That's not a problem. And AirDrop will be part of the tech-autoeconomic
and introduction to the air job will be active points which eventually turn into tokens. And with token you will have you have privileges on the platform.
And that's to say the least and there will be more features what you can use tokens for.
Yeah, do you guys have any questions? Thank you very much for that. I love it when the talking about lots of utilities, which is amazing. Yeah, I think M-nam is as a question.
Can you guys hear me? Yes. Awesome. I'm so excited about what the team has actually
currently doing I'm building it's a great thing to have like more NFT marketplaces on the secret ecosystem so I have like two questions
for you guys the post-cursion is what are your plans for an organic growth that can lead athletes to competing with an NFT marketplace like Stash and the second question that
I have has to do with auction like I have this experience regarding NFT auction on stash whereby an NFT owner will place an auction
for an NFT let's say 50 secret okay let's say the highest bidder will get the NFT at exactly this amount of time but when the time comes this particular NFT
the ability to treat on the system and extend the time. I consider this cheating. So do you have a system that will avoid this kind of cheating with respect to activists?
So this is my two questions for you. Thank you. I think the first question I can really answer and the second can be really answer that. The first question about how to compete against
I think this has to do with the ability that we have to get everyone knowing what the platform contains and also a big future that is possibly coming
to activists is that we are going to see if we can integrate with OpenC. So if we get the ability to be a third party of can you guys hear me still?
So the ability to integrate with OpenC will be a big future and if we get that thing running and this is going to be something for for actualist but also for OpenC itself because they get a new ability for the
the secret NFTs instead of only the public. But if this is going to be integrated, I'm sure that we are going to see a lot of people coming because this will be a unique situation for secret network activists and OpenC. So I guess this is one of the things that I think will stand
out if that will happen. Another thing is of course communities, we need to get to the community, help them, eventually when the boom market is coming, that we are actually engaging with people. I think one of the things is active points as well.
since that is also a little help for people to engage. And I think secret spaces like this, maybe with the Secret Network, been a soon. All the NFT Twitter spaces is also one of the things that is great to attend.
So the second question is I think for Ilya about the cheating. Okay, cheating. The mechanics of a silbite auction is like that. When the due time is reached on the auction, then everyone can close it.
But because it is a transaction that closes the auction at transaction costs commission, this has to be done normally by the user and this can be done by any user. Like the owner, it is actually automatically extended.
and bits are still accepted but everyone can close like on time. If someone who cares about particular sale they can really close at that particular moment. Also
There can be, there can be mechanisms which automatically closes. We didn't implement it yet, but it can be done of course. But it's up to the users to close.
auction at the moment. But in that part this is this is a silver bit auction so you really don't see what is the highest bit and no one can see what is the highest bit and there is no motivation to to extend you know what I'm
mean because it doesn't, you cannot see the highest bit and by that it's actually, it's actually the principle of this auction type is to exactly avoid that there is like someone in the last moment places a bit.
So this is because this is not visible who made which bits. So it is actually not there is no incentive to to to to extend even.
only if the owner wants to extend for a longer time. Yeah, and I think there are coming more auction types. So eventually if there is a possibility we can also add specific auction that can deliver those things right.
But exactly, still bit auction is preventing there is no motivations to really extend the auction.
Any other questions guys?
Ali you maybe
It's okay for me. Thank you for clarifying
Thanks for me. I really hope that's also a question. Emmanies. Yeah. Yeah, you're welcome. Emmanes.
Thank you guys for watching.
Pope are you there? Yeah, me, I'm here. Okay. So,
Yeah, okay Ali Ali do you have any question or do you have any contribution Ali? Good day. Thank you all and thanks I wasly thanks I liage my I wanted I see the question
but it seems and learn with already acts. And actually, actually this is definitely a local enemy. Yeah, we can hear you.
So I wanted to add in towards and Ilya Jan and Wesley and I was said about at least. It's regarding the auction type. So at least
having a different auction type makes us unique to other marketplaces where we can have a different auction type like live auction type, the timepiece auction type and then maybe a Dutch auction type.
Hello. Yeah, we can hear you, Aliu. What's the question?
Hello, hello
Can hear you, so we heard everything, but in the end did you raise a question about something about Dutch auction?
Ali seems lost the audience. Oh, thanks Ali. Thanks for the question. Thanks Ali for
and thanks very much to Wesley and we have all a bit of news about athletes and the infinite rise horizon of security. It's been an interesting space answer so for the bad internet connection
We lost this space for some moment in the material connection. A thank you very much for coming to tonight's space. I thank you very much for taking your time to explain to us what you guys are doing. It's really an resource guys. I love how the features you guys are working towards on your
Thank you for joining us.
And I love to be here again in the future. We hope that we can see a lot of NFT creators also in this next time so we can tell them as well about the actualists. But thank you for inviting us.
Thank you was pleasure being with you today. Thank you Definitely I will see you guys on the dryness is because I really love to see what you guys are doing here for me guys hopefully we will be connected
I sure won't be in a position on the next case. So yeah, thank you very much guys for tuning in. So yeah, we have a wonderful evening. And if it's just the beginning of the day, we have a wonderful day. Cheers guys. Bye bye. Cheers.

FAQ on Infinite Horizon of Secret NFTs | Twitter Space Recording

What were the two types of issues mentioned at the beginning of the podcast?
The two types of issues mentioned were related to the connection and audio quality.
What feature is being developed for NFT owners to list their collections?
NFT owners will be able to passively list their collections on Actlist by giving permission for public data to be indexed. This will enable anyone to see what is available on that collection, and interested parties can send a request to buy it for a certain amount of tokens.
What opportunities are available for users on Activist?
Users can earn Active points by staking on the validator, engage with the community, and participate in missions and batches upcoming on the platform. There are also opportunities for active ambassadors to showcase their talents and skills.
When is the main net for Actlist planned to be released?
The main net for Actlist is planned to be released in the summer, within the next 6 months.
What is the motivation behind using Active points rather than launching a token for the project?
The project is being cautious in waiting for upcoming regulation and wants to comply with European law. Utility tokens like Active token will be regulated, and the team wants to avoid any manipulation. The team plans to use airdrops and private sales for distribution and also plans to reward first users for testing and growing the ecosystem.
What is one big feature that could potentially make Activist competitive with other NFT marketplaces like Stash?
Integrating with OpenC, which would allow Activist to be a third party for secret NFTs and provide a unique opportunity for Secret Network and OpenC users.
What issue has the speaker experienced with NFT auctions on Stash?
The speaker has experienced an issue with NFT owners extending the auction time, which they consider to be cheating.
Does Activist have a system to prevent NFT owners from extending auction times?
It was not addressed whether Activist has a system to prevent NFT owners from extending auction times.
What will be the privileges associated with holding Active tokens?
Holding Active tokens will provide users with privileges on the platform, but more features associated with the tokens have not been disclosed yet.
What is the team planning to do before the main net release?
The team plans to add more features to the platform, improve search performance at NFT creator space, and introduce a second type of auction, a fixed price sale. There will also be more testing before the main net release.