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Royalty Registry & No Code Smart Contracts w/ NiftyKit - AMA
Recorded: Nov. 23, 2022 Duration: 1:00:19Space Recording
Full Transcription
Before we warm the room up.
So please feel free in the meantime to tweet out and to DM some friends and bring some people into the space.
Are we rugged?
I'm here.
What's going on?
Success.
Here I am.
How are you?
Hello.
Good, good, good.
I'm really excited about today's space because I feel like we have a lot to discover today and celebrate and talk about.
Yeah, lots of stuff going on.
I'm definitely catching up.
Let's get the team on stage.
Yeah.
Do you want to play some music and let the room fill up?
How are you feeling?
Yeah, let's give everyone a second.
I know we ruggled last week, so let's make sure everybody gets a sec.
Yeah, so everybody, I'm just going to play some music while we fill the room up.
So please tweet out the room, DM your friends, and yeah, let's get excited because we got some gamma, we got the alpha, we got some announcements from the team.
We'll be right back.
We'll be right back.
We'll be right back.
Okay, I think we got a good room started.
Yeah, let's get going.
Let's kick it off.
Thank you, everyone, for coming through to our weekly AMA.
Appreciate everybody's patience.
Since I know there's a lot going on, we're ready to head into the holidays for those who are in the U.S. or celebrating overseas.
So, yeah, we wanted to just bring everybody together, let you know what's going on, some of the big changes that you may have seen or you may not.
Would love to answer any questions before I hand it over to Lofton, again, thank you, everyone, for coming through.
It's been, you know, a crazy few last weeks with things going on just in the space in general.
So, hope everybody is not affected by that, and we wish those who are, you know, that they'll get back into action.
So, I just wanted to thank everybody.
Please feel free to come up and request after we get it kicked off here.
And thanks again.
Lofton, do you want to go ahead and kick it away with the latest updates?
Yeah, for sure.
Thanks, Dan.
Thanks, Jessica, for co-hosting.
Thanks, everyone, for stopping by, even though the holidays are tomorrow, at least in the U.S.A.
But, so, yeah, we have two sort of major updates that were included in this latest release.
I'll speak about the first one, and then maybe Terrence can add a little additional context from the technical side.
But at NiftyKit, we recently took a pro creator stance on royalties.
A lot of people probably saw that, saw our article and our tweet on us being for the creators, even though some of the marketplaces were against that, but have since obviously received a lot of positive support and feedback.
And as a part of the greater NFT community, just standing up, I think all of us have been able to push OpenSea to change their initial stance on creator royalties.
So, they have now, in turn, you know, flipped the script on that, so to say.
And then, to address the OpenSea change, we made a couple updates to our platform.
So, now NiftyKit will give creators the option to opt in to using OpenSea's, what we're calling royalty registry, for all newly created collections.
So, by using this registry or the registry that they provided, the royalties will be respected on OpenSea.
So, what does this kind of look like?
It's when you're setting up your smart contract on NiftyKit, after you choose the type of contract you want, you'll have the option to either install or not install their registry.
And we have a couple screenshots in the post pinned to the top, so you can take a look at how it kind of works.
One thing I'll mention is that collections launched after November 8th may not actually be compatible with OpenSea's royalties.
They kind of did this change unbeknownst to us and most people.
It was more of like a silent change that we weren't aware of.
So, unfortunately, you know, between now and the 8th, if you launch a collection or you have a draft contract, it might not work.
So, please reach out to us or reach out to support.
We can help you work through that.
And then one thing I'll also note is that this OpenSea royalty registry is controlled entirely by OpenSea, and it is subject to change based on their discretion.
We, unfortunately, don't have control over what might change.
So, just wanted to make that aware for everyone.
But, yeah, Terrence, if you want to add any additional context to it, feel free.
Yeah, yeah, for sure.
Thanks for going through all that details.
I think one of the, you know, our stance has always been pro-creators, and, you know, we want to provide the options for the creators to be able to decide whether they want to continue doing business with OpenSea.
I mean, you know, we have a very complicated relationship with OpenSea, but, you know, it's not up to us to kind of decide that, and we wanted to make that decision up to the creators.
So, that's why we implemented the option to opt-in.
It is an optional opt-in, but you also have the ability to disable it.
So, if you did opt-in to OpenSea registry, and, you know, you realize that, you know, they're not following the rules, or, you know, they're blocking your favorite marketplaces, or, you know, they're being shady about it, you have the ability to turn it off so that, you know, you can basically, you know, pretend that they never existed, and, you know, they'll just not follow their registry.
So, we added that additional option so that you don't have to feel like opting in means it's, you know, it's forever being controlled by OpenSea.
We actually have a very nice toggle, almost like an inject, that you can opt out of it later on in the future.
Yeah, maybe back to you, Loftin, to talk about the next update.
Yeah, for sure. Thanks.
Cool. And we'll answer any additional questions that people will have in Q&A after this.
But, yeah, thanks, Terrence.
So, yeah, next is an update to token access.
So, for those that don't know, our token access feature is just an easy way to provide your collectors with basically a token-gated experience.
You know, token-gated content can be anything from a URL to images to videos to music files, etc.
But now what we've done is we've actually baked in the token access feature within your collection.
So, not only can you set up multiple gated experiences from a single page, you can use your customized interface or your, quote-unquote, your drop page.
So, you can have your branding there, you can have your avatar, you can have your background, you can have your social media links.
You can send everyone in your community to that single URL for all the token-gated content that you have.
So, it's more or less kind of like a stream now.
Yeah.
And I believe that is it, unless there was anything else, any other changes, Terrence.
Yeah, I mean, I do want to mention and highlight that this was a pretty small update.
And we felt pretty compelled to get this out sooner than later because the reasons that Lofton mentioned earlier, it sucks that OpenSea basically put a deadline in the past, not in the future.
So, unfortunately, a lot of the collections that were created after November 8th that do not have this code snippet will not be able to claim royalties on OpenSea.
But I have heard exceptions through OpenSea that, you know, they can be adjusted if you just ask nicely.
But, you know, for those collections that were created before November 8th still have full royalties and the collections that were created with this new update will have royalties.
So, just wanted to kind of make that clear.
Also, you know, we do have some, like, you know, work in progress, new features that are coming out.
But, as we discussed, like, I think it was, like, two weeks ago.
So, we're still working on that.
But we felt compelled to get this released out sooner just so that, you know, if you are wanting to launch a collection and want to make sure that OpenSea honors or royalties, you don't have to worry about it anymore.
We'll now support it.
And, yeah, I think we're all for questions.
Awesome.
We got Jeff up here.
Welcome.
Do you got a question?
Yeah.
So, I wanted to just kind of get a little bit more details on the two new features.
So, first, with the royalties, does this combine the ability to have their registry with the one that NiftyKit recently put out, which allowed you to block certain marketplaces?
I know they're basically the same tech, but you guys did it first.
And so, I'm curious, like, if you still have that access with new collections or how does that work into your solution?
Yeah, I mean, I'm so glad you asked that question.
I just wanted to talk about it.
So, the thing about the registry is, yes, we did build it out and then we did release it first and then OpenSea later adopted it.
But they're two completely different code bases.
So, if you do opt in to OpenSea registry, you will not have access to the NiftyKit registry.
So, this was, as I mentioned earlier, a very quick solution for our creators to have the OpenSea royalties, because I know that's important for a lot of our creators.
So, this was kind of an interim step to a more unified approach.
So, eventually, what we're going to have is a registry where you can turn on and off OpenSea, other marketplaces, but also have the ability to, you know, have that combined experience of having the OpenSea registry as well as the NiftyKit registry.
But, you know, for now.
So, that's coming soon.
Yeah, that's coming soon.
So, this is just the release before the release.
Gotcha.
Okay.
So, yeah.
So, that's good to note, because I think that, personally, I would like to have as much control over that as possible, because in some contexts, it might be beneficial to have the collection, you know, make sure that you're ready for, you know, like, let's say if I was to launch, like, in the next, you know, month.
I'm talking about having, I still want to have OpenSea as an option.
So, I'm going to need to have that code in there.
But let's talk a year from now, when OpenSea is the equivalent of what Rarible was six months ago, and Rarible's at the top.
Now, maybe I don't necessarily need to be installing their code on my contract.
I kind of want to turn them off, because they've been so hurtful to creators over the last six months.
So, speaking hypothetically.
And so, like, now I'm like, geez, you know, OpenSea really went downhill.
Now they're not supporting me as an artist.
They're, like, doing all these things that I disagree with.
I want to turn off their marketplace.
Like, so I want to have that option in the future and not have to be like, oh, I'm stuck with the code that I deployed, blah, blah, you know.
So, yeah, absolutely.
And that's exactly the approach that we're taking.
And we purposely made it so that you can turn off the OpenSea registry if that's something that you want to do.
And when you turn it off, I don't know if the royalties will, like, fall back to zero.
We haven't tested that.
But when you turn that off, it will just not give them any control anymore.
So, we are going to find a way to combine that experience with the Nifty Kid registry so that you will have both of the best of the both worlds where you have control over who to block versus, you know, OpenSea, like, blocking things for you.
And, like, just thinking about in context of, let's say, as a creator, you know, it's time to do an exclusive, right?
And if some platform comes to you and is like, hey, we want to promote your work, but we want you to list your tokens exclusively.
I know this is, like, a really big no-no.
Joe's, like, yelling at me in the background here because that means that you're not making it possible for people to sell your tokens on other marketplaces.
But let's say they offer you a million dollars, and Joe still wouldn't take it, I know, but I would.
And in that context, I'm like, okay, so a million bucks?
Like, sure, pay off my house, blah, blah, get my kids in college.
Yeah, I'll block my tokens.
So, in that context, I'm like, you know, maybe it'd be cool to this future platform that hasn't even come out yet.
They've got impenetrable market, you know, like, great collectors, great base, and then only want to have them.
Is that an option, like, something that could go?
Yeah, yeah, absolutely.
You know, like we said, like, our goal is to provide you with all the controls that you can have.
And, you know, one of those things is, like, making sure that it's future-proof as well.
So, you know, in the future, like, when things do change, because we've seen a lot of change so far, we should always be ready to adopt it and be able to control it.
So, we're trying our best to avoid any sort of lock-ins as well, you know, especially with the OpenSea, like, kind of being really invasive and asking you to install these smart contract snippets and all of that.
Like, you know, we personally feel it's not fair, but at the same time, like, it is an option, right?
And we wanted to make it as an option.
So, you have the ability to turn it on, turn it off, so you don't have to feel locked in.
And this is one of the things that we heard is, like, you know, when early on, like, the artists, like, started to create their collections on OpenSea store, shared storefront.
But they were locked in, right?
Like, they had no way out, and then they were locked into that ecosystem.
So, we want to avoid that for the future, for the artists, and we want to provide as many options as possible.
If there's any ideas on how we can do that better, we're always open for that.
But our stance has always been, this is your smart contract.
You're not locked into us.
You're not locked into anyone.
This is yours.
And we want to give you that ability to opt out of things that, you know, you do not align with.
So, that's kind of like how we envision it now, and that's how we envision it in the future as well.
And Jeff's example of the million dollars, I mean, that control allows you to do that, right?
To do those deals, to control how it is.
I mean, not everybody's going to sell NFTs, even for royalties.
And not all of it is going to be used for that as well.
So, keeping it open is going to be the best way to go.
Anybody can feel free to raise their hand and request to come up.
We're just doing an AMA.
I guess I'll do a little room refresh.
We're here with the team, the Nifty Kit crew.
We are talking.
This is our Wednesday.
I guess it's the eve of a holiday in the United States.
Royal registry, no contract.
No code smart.
No, we want the contract.
No code smart contract Wednesday AMA to hear about what's happening.
And if you have any questions about your project, the team is here to answer that.
And if you have any specific questions about the new tools that are being rolled out, you're free to come up and ask about that.
This is a 101 vibe, too.
So, please don't feel shy to ask anything on this stage.
Everybody is welcome.
Jeff, go ahead.
Yeah.
And specifically, it's a good idea to come up so that I'm not the only one asking questions.
That's a good idea.
Yeah, because I'll just keep asking.
I will.
I'll just keep asking.
No, but it is good, Jeff, though, because you ask a lot of really fantastic questions that I think a lot of people wouldn't even – they're not even at the point of formulating that question.
So, you are helping the people that are listening in the room as well.
So, thank you.
Always appreciate your questions.
I wanted to talk about the token access because that was the other part of your new drop.
And so, it's part of the drop now because I saw that in the Discord last night, you were talking with Joe and talking about that it's in a different spot.
And so, I wanted to make sure that I kind of understood in my head the workflow and the process of doing that.
So, like, in the general context of things, you're still deploying, you mint, and then you'd create the token access after you've created your contract and all that stuff through the drop area of NiftyKit.
Is that correct?
Yes, that is correct.
Okay.
And so, then, is this something that can be incorporated into previous collections or drops, I mean?
And is it, like, you could just find that – I haven't even – I'm not on my other computer, so I can't check manually.
But the – would it show up for old collection – old drops?
Yes, they do.
Yes.
These are easy questions.
And it will show up for all of the newer collections as well as the older collections.
We haven't tested it on the oldest collection, which is owned by Quantum Variant.
So, if that's something that you would like us to look into, we'll be happy to do that.
But it should be backwards compatible all the way through.
So, if it's not working for you, then we'll look at it.
Nice.
Okay.
So, and so, once you get that, once you – like, tell me about, like, how it works.
Like, what's the mindset that I have to frame myself around to create token access?
Like, how would I do this, like, in just a for example, start to finish?
So, yes.
Oh, go ahead.
So, just at its bare bones, you have your drop, let's say.
How many did you have in your drop, your recent drop, Jeff?
My recent – well, let's go with rent heads.
That was 313.
Okay, so you have 313, and basically what you can do is it's consolidated within that drop, and it's similar to the current token access.
You can select specific tokens, token ranges, but this time you can create multiple entry points based on the different tokens that you specify.
And that's basically how it differentiates between the old one.
It's just all consolidated within that one page.
You get a special link, and they're all listed there for you to access if you have a specific token.
Okay, so in – so, for example, I have – let's say – so, T-Pay, you're going to be getting your renovation on rent heads before the end of the month because that's what I promised,
and planning on doing it on the iPad on the couch with my family while things are – you know, while we're recovering from Turkey.
And he won this completely legit.
It was all random.
He just happens to be a collector of mine.
But in that context, I can say, okay, what token was it?
Let me just find, for example, because I have the pages open on this one.
Oh, it's not going to load.
Okay, well, let's just say it was – let's just say it was token 41.
Okay, so token 41, I put that in as the thing.
And he goes to this – he would have to go to this token access page, but then he would see that he's got access to it because he has token 41, correct?
Is that how it works?
Well, I think the use case that you're describing may not exactly fit to the model that we're thinking about.
Okay, yeah, I just want to clarify that.
Yeah, so I think the best way to really think about it is, like, let's say that I have a, you know, NFT project and, you know, maybe I could be, like, some sort of an influencer or I could be some sort of advice giver.
Or there could be certain type of, like, access that I can provide to the holders and the community.
So, you know, the token access page that we have is a public page that you can share with your collectors.
And you could potentially be posting, like, a daily update or weekly update or some sort of a content that is restricted to that specific NFT collection.
So, it may not be, like, at an individual level where you can designate, like, this is for token ID number 40, but it's going to be more geared towards, like, all right, now I have this NFT.
I now have this access to this page where I can access all the restricted content that only the holders can enjoy.
So, that's kind of like the early vision that we had.
And, you know, that's kind of, like, where we're kind of growing towards, too, where you could have a stream of content, stream of blogs, or stream of articles that you can use to share with your holders.
Okay, so, in context of, it wouldn't be specific content for a token, but once you've specified which tokens are, like, get to go in or get the token access, then those just get access to everything you put there.
Correct. And we do have plans to add additional, like, limits and additional blockers so that you could say something like, all right, this content is only for people with these type of attributes.
This content is only for, you know, people who have token ID ranges, 1 to 20.
It will still display on the page, but they will still have to hold those NFTs to be able to access it.
I just want to shout out to the Friendly Kruger Yacht Club in the audience.
So, that's a great project. Should have been on NiftyKit, though. I will say that in hindsight.
100. 100%.
Thank you, Terrence, for explaining that. Like, it does clarify what I was thinking.
So, just to kind of, like, put a bullet point on it, it's kind of like, you can tell the access that it's the whole collection,
or you could say for a specific range for now, or for specific tokens, and those tokens will get access to your token access.
But in the future, you could have it more granular and be able to define it by trait or token ID, perhaps?
Yeah, correct.
Okay, perfect.
Yeah, and one thing that kind of, like, stood out to me was, like, if you are, like, a Patreon creator, you could be creating content for your subscribers.
And then those content can be limited to those who are subscribers.
So, it's kind of like that similar line of thinking.
Awesome.
Yeah.
And you could also make a multiple list.
You could make multiple lists.
So, like, that's the thing that I was going to ask about, because I like that idea that you can make different token access to different parts of the collection.
It's not just one token access for the entire collection.
So, like, you can create multiples, which is really cool.
I'm, like, I'm really happy that I put it into implementation the other day, and I was, like, what's the difference?
And I didn't realize it was at the collection level.
And now, like, it just makes more sense.
But, yeah, to be able to offer different things.
I would love my questions.
I have two questions, because Jeff and I are the only ones who ever ask questions.
Because we're deep in the woods.
When dark mode, we would love a dark mode.
You know, like, a lot of us have switched to dark mode sites.
So, like, when it's a little jarring going from my site to then token gated, it's a light mode.
So, I don't know if that's an easy fix, but it's an option.
And then also, it would be great to be able to have this.
And I know this is probably a bigger lift than I imagine to be able to have this, like, a widget so that we can have this directly, like, embedded into the site.
So, say, we're, like, what my case, I want Waveform collapse holders to be able to order prints.
And this probably requires maybe some integration with something like Squarespace.
But to be able to have a widget where they click it, it connects to the wallet, proves that they have a token, and then it launches the page.
Unfortunately, you know, some of that access isn't really restricted because anybody can see that page, right?
With the token access only hides it from, you know, you can only hide the page so much.
So, if there was some way of truly hiding the page that people are going to fill out their forms in from the token access, that would be, like, a really useful feature for people who want to do what, like, I'm doing for prints.
So, I don't know.
How do you sell the prints?
On Shopify or?
No, I mean, mine, so, so, I've, like, I looked at Shopify, but, like, the price per month is just, like, a little too big for, you know, what I'm offering.
Right now, and I went through the whole process with Tyler Hobbs when you, I don't own a Fidenza.
I'm not that much of a baller.
But I was like, oh, well, you know what?
I'm just going to go there and say that I own a Fidenza, and I want to see how their system works.
And it works very manually.
Like, you connect.
You say you own this Fidenza.
You go through the whole thing.
You put in your wallet information.
You put in your information.
It goes to them.
They manually check that you own the one.
They check your wallet, and they see if you own the Fidenza that you're claiming to own.
And then they email you back.
Probably a lot of it's automated, but they email you back saying this is what's going to happen, or you don't own this, or, you know, like, here's the next stage.
And they use PayPal invoices to do all their transactions.
So there's still, like, the manual side of this whole thing for us.
I mean, I guess Shopify is a good solution that makes it less manual.
But I'm not, you know, for me, $50 a month to have a Shopify to sell, you know, to sell prints is just eats too much into the costs.
So maybe if I was bigger, but, you know, right now, like, everything's probably going to be manual.
And even with this link, it's going to be manual.
That's kind of where, like, it happens because with this link, I can confirm that they have a token from that collection.
They fill out the form saying what they have, right?
Like, this link doesn't fill out that information and confirm it, and then they order it, and then I have to cross-reference and make sure that they own that token.
So I don't know if there's a way around it.
It seems like it's, like I said, it's probably a bigger lift than I imagine.
Yeah, I will have Loftin answer the question about dark mode, but I can't answer the question about the token access and having additional flexibility.
This is something that we have been promising, and this is something that, you know, we are actively looking at.
And, you know, our stance was always been, like, you know, security is also a very big concern for us, so we want to try to make it as secure as possible.
But there are ways to make this work, and, you know, we are actually participating in a hackathon, N-Code hackathon.
We're not participating.
We're sponsoring.
And Jay Curvello, down on the stage there, he's the instructor, basically.
He's also the creator of the Dropkid widget.
He's also the creator of the Dropkid SDK.
So, you know, if you ask him nicely about the token access SDK, he might be able to produce that.
But I also think that, like, you know, as part of this hackathon, like, we are going to be working with different types of developers.
And we're hopeful that they're going to produce something that is useful for the community, which we'll be happy to share and make sure that, you know, if it's something that is worth the time and effort for us to explore, we definitely will.
So, stay tuned for that hackathon and, you know, reach out to Jay Curvello if you have any questions about the SDK.
And, you know, maybe he'll build us a token access SDK soon.
Sweet.
Chris, you have your hand up.
Welcome.
So, if asking a boring out of left field question was an Olympic event, I just want you all to know that I'm about to bring home the gold.
I had randomly tried to buy a pass with a card probably like a month and a half ago.
And I got a prompt that made it seem like maybe there was a problem with, I think it was called the winter processing system.
But, I mean, it didn't go through.
Everything was fine.
You know, nothing was taken out of my account or anything.
I'm just curious if that's something that's operational at this point.
And I know that's kind of like not the bread and butter with, you know, what you folks do.
But just being like an entry point into that system, I'm curious if that's functional.
Yeah, that's interesting that you say that because we do get quite a bit of sales through that.
But it's kind of eye-opening that when you mention it because, you know, we definitely would like to have it working all the time.
So, if it's not working, then we definitely will take a look to see what could be wrong.
But, yeah, like we do work with winter and we do support credit card minting so that, you know, creators that are first time in the space and, you know, does not have Ethereum to purchase the past.
Like, we want to make it easy and seamless checkout.
And also, like, Ethereum was like, you know, going, like, the prices are going up and down.
So, having that credit card option is also nice.
The checkout process is almost too easy.
You have to integrate with winter.
It's a separate integration.
So, there's some extra process in there to get everything set up with them as well.
Sorry, I jumped over that.
I was just making a joke about how I accidentally bought another DropKit pass recently.
So, if anyone's in the market, I have an extra.
Go ahead, Chris.
Jeff, I'll DM you.
So, you know, it was interesting when I was going through that, those prompts, because I was, you know, I was away.
I just had my phone and I, you know, I have, I don't have my seed phrase on my phone, but I have my wallet address on my phone.
So, like, it went through the prompts and, like, I just put everything in.
And at the end, it was like, sorry, didn't work.
And, you know, it was a while ago.
I think you folks were, like, running.
There was, like, a day or two where there was, like, a discount.
So, it might have just been a lot of people on the system just, like, really giving it hell.
So, you know, if it's working, it's working.
I was just curious.
If you do try again, Chris, and are running into issues, just feel free to reach out.
Support at niftdkit.com.
And we'll help you out immediately.
So, interesting about that winter wallet.
So, from my experience, the process is that you do have to go to them, set up an account with them, and then get onboarded into their system.
It was just enough of a time lag between me signing up for it and getting a response that I completely, like, spaced working on it and forgot what it was.
And, like, it fell off my radar.
I would love to have that – and I know this has nothing to do with you guys.
This is completely on their system.
So, it would be great if they were a little bit better at onboarding.
That's all I really have to say.
Yeah.
No, and it's hard to, you know, if you don't control everything.
But, you know, our overall strategy, just with everything we build, is, you know, to have the most amount of options and control.
So, you know, appreciate everybody bearing with, you know, any of those issues that are out of control.
We try our best to surface those up and escalate them.
But, you know, they're running a lot of other clients as well on their system, too.
So, we just try to do our best to keep everybody informed as much as we can.
So, yeah, appreciate that.
We have another friend on stage, ill face masks.
Go ahead.
Hey, what's up, everybody?
Can you guys hear me with?
Yo, yo.
Yeah, cool, cool, cool.
Well, first of all, I just want to say congratulations to the team.
I've never actually gotten to speak to anybody.
But you guys are killing it.
I don't see any other space doing like you guys are.
You guys are consistent.
You guys take the feedback very well and you guys apply it.
Like, I don't see anybody else moving like that.
So, first of all, yo, big salute to everybody working.
Jay Cabrillo, that's my man, yo.
You know, help me out through my whole collection.
You guys got a beast of a beast of achievement.
I just want to put that out there real quick.
And as far as the credit card mint thing, I want to go ahead and share my experience.
I had a little – it was a little rough for me.
It didn't really work out for my second collection, so I started looking elsewhere.
And I want to put you guys on to Crossman.
If you use Crossman, it's very easy.
And you actually get approved for like the hour.
And all I did was just set it up and put the button on my drop site.
And it's cake.
I mean, you can just set it up within less than an hour.
They approved your manquake.
And I believe you can also accept like different tokens.
So, even if you're like on Polygon, it lets you accept Ethereum to mint.
So, it's very – it's pretty deep.
So, you guys should all take a look at it.
I actually have it set it up on my drop page.
If you guys want to look to see how it works, to get the feel of it.
Yeah, it's cake.
Yeah, send that over.
Appreciate that.
Sure.
Sure, sure.
Yeah, they're pretty cool over there.
It seems like, you know, they're working fast.
So, I have that set up for my collection.
So, just wanted to throw that out there.
But I'm glad I got to speak to some of you guys.
You guys got to hear me out, whatever.
But for real, for real, you guys are rocking it.
Man, I'm with you guys.
So, just count me in for any other future projects or whatever.
I'm with you guys, man.
You guys are killing it.
For real, I appreciate your show.
No, thank you.
And thank you for all the support.
I know you've been with us through the growth and saw the tools evolve.
So, really appreciate you coming up and chopping it up with us and saying the kind words.
We will continue to deliver and we won't let you down.
Thank you, man.
I appreciate it.
Thank you for giving me this time.
Any other questions, Jeff?
No, I'm kidding.
Obviously.
No, you guys are the, you know, you represent and are the gateway to a lot of this intimidating parts about the space and getting in.
So, you asked the right questions.
I mean, we're all here to save time, right?
So, asking the right questions and bubbling them up.
I swear these aren't scripted with Jeff and Joseph here.
But, you know, let's ask the right questions.
And that really helps us build the right stuff.
So, thank you for, you know, going through with all these recent changes.
We had to implement this and kind of figure it out.
It came out of nowhere for us.
So, it kind of pushed some of the other things back.
You know, we have some really exciting things coming up.
But, in order to adjust to the space, it moves so fast.
Like, you know, we're lucky to be able to have a team that does that really well.
You know, we communicate really well.
You know, we're building a machine.
And you're part of the build and the ride.
And so, thank you, everyone, for reaching out and asking us those questions and pushing us.
Awesome.
And, Jess, go ahead.
Thanks, Jessica.
So, you know, you guys, two weeks ago, you announced the marketplaces, the DIY marketplaces.
Is there any new updates or alpha that we can have on those?
Because I know I'm more than excited about those.
I basically am, like, giddy like a little girl right now for that.
Yeah, I mean, you know, we're still, like, pretty deep in the planning phase.
And, you know, some of the ideas that we have shared is still kind of, we're working out the details.
But we are planning to, you know, I mean, I can't share too much details about it.
But we are planning to have some sort of a alpha that we're going to be testing internally to make sure that it's good.
And, yeah, like, I think overall, like, the best experience that we feel is it's going to be a smart contract that you deploy that you will have the control over.
So, essentially, like, you'll be, you know, becoming your own marketplace, right?
Like, there's, you know, companies like Blur and, you know, like Pseudoswap, you know, they have their own smart contract.
They deploy it and then they manage the UI and then they, you know, onboard their collectors and whatnot.
Like, it's going to be a very seamless and similar experience as that, where you have control over your own smart contract that gives you the ability to host your own marketplace.
So, that's kind of like our vision is.
It can't come soon enough.
Yeah, there's also, you know, with a lot of the recent changes, too, we're thinking, you know, we're still working on where the ApeCoin integration fits in, this new marketplace, dark mode.
I don't know where that fits in, but, you know, we're really looking at how we could build it in a way where it doesn't really rabbit hole us into these, like, weird one-offs, right?
Because we want this to be, like, a holistic experience for you to offer to your users.
So, there's a little bit more planning and bumps in the road that we're hitting right now, but they're good and they're for the better because it's going to be a lot more scalable for everybody down to the user creating collections.
And now that we have teams and members you can add, you know, you can get additional help with pieces of the drop that you don't always have to be around to do and manage, like, metadata, updates, and things like that.
So, we're really looking at this full experience for creators.
Yeah, and sorry, I see your hand up, but just to kind of maybe drop additional alpha, I guess, like, the DIY marketplace is going to be part of a bigger play.
So, there is going to be something even bigger than that that's going to help us execute the DIY marketplace.
So, we are definitely thinking in terms of, like, a bigger picture and we're thinking in terms of, like, not what we need today, but what are we going to need tomorrow and the next couple of years?
Like, where is the NFT space evolving?
So, we're definitely trying our best to think ahead and come up with solutions that will allow you to evolve and grow your collections.
Yeah.
FaceMax, did you have a question?
You had a hand up.
Yeah, sorry.
I just, I had pinned my, the tweet pointing to the drop site, but I didn't see anybody else besides NiftyKit or anything up there.
I just want to make sure it was cool.
I just want people to see the drop link so that they can see the cross-mint or the credit card.
Yeah, let's check it out.
It's your, did you use, you have a mint button for a credit card and one for ETH?
I didn't set up the one for the ETH yet.
I just set it up for the, for the credit card because I feel like, yeah, let's check it out.
Yeah.
And I pretty much just kind of, like, remixed, uh, J.
I'm sorry if I can't remember your name, bro, but I just kind of remixed his, uh, his, uh, code that he made and that's how I got it to work.
If anybody, like, it's interesting to figure it out, I'm sure he'll be able to help you out.
If he's not around, I can help you guys out.
I'll post it up right now, though.
Thank you, guys.
Cool, cool.
Yeah, it's nice that you're, you're digging into the code, you know, like you could use the, the stuff that we have out of the box, or if you want to get a little bit more creative, you own that experience.
So it's great to see, uh, see you pushing and, and, and getting into the code to see what you can do because, you know, even though it sounds, you know, we, we, we believe that you should have the tools to do it the easiest way.
But if you can code or do a little bit of code or just can understand and put it together, like, you know, um, there could be enough there to just do some really amazing things.
Um, but, you know, there's always like a security risk and another layer that is laid on top of that, that you got to worry about.
So, yeah, talk to Jay Curvello.
But ask nicely.
All right.
Amazing.
Um, I was just going to say, I saw that, uh, we posted up about the event, the spaces on Monday, we're going to be back on Monday.
Um, the last pinned tweet that I have up there is just the one where you can RSVP.
So definitely set a reminder for yourself.
Um, we're going to be talking to the ApeCoin events team and kind of delve into what they're working on.
So that that's coming next week.
And then we're also talking to Super Yeti next week, which will be, um, you know, just a fan favorite.
Don't give me the O face, Joe.
It's your favorite project.
Um, and all of ours, in fact, um, we are a monolith and we all love the Super Yetis.
Um, but we have about 10 minutes.
Um, is there anything that the team would like to share?
And also, if anybody wants to come up for one last question or comment, please feel free to request now.
Otherwise, I want to hand it over to the team.
Yeah, one other thing I wanted to throw in, uh, you might have received the email, but a cool project that we worked on and partnered up with Rally, uh, to deliver, uh, uh,
different experience, uh, special release for them.
Um, you know, they leverage the tech that we have and, um, you know, Rally is a platform for fractionalizing collectibles.
So they take a lot of really, uh, like big items and turn them into shares.
Things from like classic cars to vintage whiskey to dinosaur fossils.
And, um, they're making their way into the NFT space and with some, with some really cool things.
So, um, definitely check that out, uh, if you're on the list, um, and we'll try to pin it and retweet it here so you can check it out, uh, and get on the early access list.
Uh, it's minting tomorrow.
So, um, definitely check that out.
Um, yeah, Monday, uh, eight point events, that's going to be really fun.
Um, we got a lot of, uh, a lot of stuff to end out the year with.
I know, um, you know, there's, uh, a lot of people planning and this is the time where you're reflecting and, and just trying to figure out like where you want to, where you want to go and where you want to be.
So, um, a lot of what we want to do is help you with those tools, uh, help you hit the ground running.
Now you don't have to wait.
Um, so thank you everyone for, for coming by, uh, you know, when we don't get a lot of questions, we hope that it's because we're clear and, uh, everything is pretty straightforward.
So, um, you know, thank you to everybody who came up and participated.
And if you have some feedback, feel free to DM us, email us, uh, at support.niftykid.com.
We all see those emails.
So, uh, we can chime in and try to get you any help or advice as soon as possible.
Bear with us.
We're slammed.
But, um, for those of you who are on the platform, you know, the team and where we're at.
So, um, don't be shy to reach out.
Yeah, please always feel free to hop in the Discord too.
Things can get resolved really quickly and questions get answered very quickly in there as well.
Joe, go ahead.
I just want to, um, I want to say, like, one of the things that it's really comforting to hear that you guys are thinking bigger picture and not just putting out every fire while the rest of the forest burns.
Like, I, I, I, I know that you listen to us and, and that you're here and you're, you're hearing what we're saying and what we're concerned about.
But sometimes we're very short-sighted because it's just the thing that's in the headlines.
And I, and I do appreciate that you guys are like, all right, we need to think about this holistically and, and how this works.
And it doesn't, you know, paint us into a corner, uh, in the future.
And like having you guys say that, like, just reassures, you know, uh, it was, it was good to hear from, from your, from the mouth of babes.
I don't know if that's a saying, but thank you.
No, we appreciate that.
And, um, you know, like I, I, I worked really close with, uh, T-Pay and Lofton for a long time.
We've done a lot of hackathons, a lot of projects, a lot of just like, uh, random geeking out on ideas and things.
Like, you know, we, we want to be able to, uh, figure out what that is and, and take the feedback.
It's hard when, you know, we, we know where we want to go and, and getting a lot of feedback.
We have to make hard decisions on what we work on and what we don't.
And sometimes they're great and sometimes they aren't.
But, um, I think for us, it's just staying flexible.
Um, thinking of your drop is like different pieces and how those pieces are working together,
because there's more than just the technical part that you're doing on, on, on Nifty Kit side.
Like if we can eliminate that part, you can focus on the harder part, like marketing and,
and, and keeping up with your collectors and just figuring out how to make NFTs.
So we're going to start to build out from this core that we've created and start to offer
a lot of cool things, uh, not only on the backend, like the, the marketplace, but things you can
also do leading up to a special minting event or however you decide to create that experience.
So, um, thanks for that feedback.
And, uh, that's, uh, it's a very nice compliment for, for us.
Yeah. Um, I'm hearing a lot of thank yous.
I'm, I'm assuming it's a spirit of, uh, Thanksgiving.
Um, I do want to do a shout out to our team members on, um, on the audience.
Uh, Eugene, uh, Juvie, Lois, um, and Jay Carvello, where did he go?
Um, I guess he, he bounced, but yeah, we have an incredible team, um, that's working around
the clock. Um, you know, a lot of us have been working through the weekends, um, you know,
pushing through the release and, you know, double checking and making sure things don't
fall apart. And, you know, it's, it is a lot of work and it is, it does involve a whole
team to build. And, um, you know, as, as, as like part of Nifty K, we're, we're incredibly
proud, um, to be working with everyone. So just want to say thank you to the team.
And thank you to you guys, Dan, T-Pay, you guys are always just, you just keep building
for us and I really appreciate you. And, and so does the rest of us who are, you know,
trying to pave our way in the spare market and get on smart contracts and put our projects
out in the world. And just the whole discord and the entire team is, is just so wonderful
to artists that are trying to get their projects off the ground. So just, just a personal, thank
you.
No, and thank you for, for, uh, you know, running these spaces and, and really helping us connect
with the community. Cause that's a really hard, hard thing to, you know, to do. And, um, you,
we're really happy that you're helping represent us and you're the ambassador of this stuff that
we're making and you make it, uh, more approachable in the style that you, that you have. So yeah,
it's, uh, you know, I, I, I wish everybody, uh, and hope everybody could find, you know, team members.
It's hard to do everything yourself. So, um, you know, think about, uh, think about that. And,
um, yeah, if there's no other questions, uh, want to wish everybody a good holiday, a good,
good weekend. Um, we're still going to be, uh, around and working on stuff. So, um, if you need
any help, you know where we are and, um, yeah, T-Pay locked in. Do you guys got anything else
that you want to throw in before we cut out? Um, yeah, shout out to Ari. Uh, he's on this,
uh, audience as well. Um, he's been with us for some time and really excited to see him here.
Thank you for coming. All right. Thank you. All right. Thanks guys. I'll play us out. Uh,
see you Monday. Definitely hit the reminder and join us for a cold chat with the, um,
ape events community on Monday. Have a good holiday. Have a good weekend.
Later.
все.
T-Pay.
T-Pay.
T-Pay.
T-Pay.
T-Pay.
T-Pay.
