Why you should use Plutus.Art 💙

Recorded: June 6, 2023 Duration: 0:56:09

Player

Snippets

Good afternoon, Chatti. Good night for you.
Hello hello
What's up, posky? What's up, Kieran? Have a tart neck, work shirt.
We're going to give this a few more minutes to let people filter in and then we'll start. If you can comment, retweet the space, and get some people in here. Click on the little message button below and you'll be able to do that.
Chattie, did you know Karen has his own NFT collection? You guys can do like a collab with your artwork and his generative stuff. I just saw that a couple of days ago.
And for my understanding, it's something very new.
Yeah, I think it could be a cool collab you guys have to work on that together. Maybe like a little bonus for some early supporters of Blutus.
Let me hop on my computer and retweet with my personal and then let's get going.
Hey hey job spot has it going congrats on the new stuff you guys just released
I love that. Now, yeah, all the marketplaces that we're struggling are just coming out and working to get some attention. Now, all their features are coming out. It's a good time for some competition in this space.
Hi Omar how's it going and Tommy? Tommy! It's been so long!
Oh my god, I still remember all the times we left Tommy at the conventions we were at last year. Oh my god. Like every time I think of you, I get a huge smile on my face because we left so much.
Hello, Fawad, how's it going?
Oh, I see fatigini, fatigini came in.
I joined with my computer so we're good to go now. Alright, yeah, so we just start from the beginning and what the vision of Pluto was and how it started and what we're looking to bring to the space. Chattie, you want to start that up?
Yeah, I can't. So I'm speaking with a low voice because I don't want to wake anyone up. It's 9pm and when you're married to a teacher, that's how you live. So the way it started is, I mean,
I stayed in contact with Stale after he minted my first collection, "Faces One" for me, and then me and Fatigini have been friends ever since that collection dropped, and then we just
I don't remember who I spoke to first if it was Fed or Stale, but I was talking to one of them. I think we need a marketplace that looks rare, like we model it and make the looks rare of Cardano.
And that's where it all started. And then we all came together and we decided we wanted to do the most decentralized NFT marketplace that we can master on the card down on network.
that was the Fission statement that we had in mind. And 14 contracts later, by the way, you don't see all of them on the website right now on the marketplace, but we have 14 in the background working together. Hundreds of thousands of dollars.
16 is my contract working together. 16, well there you go, I stand corrected. Later and a threat of a lawsuit and a few other things later. Here we are. Vying to be to bring something different to the
market, especially the Cardano scene. And unlike what we saw before, I think something me, like me and other Plutus co-founders all had in mind is a vision of cooperation, like we don't
believe that competition at least not at this point in the Cardano ecosystem is anything we should be doing, we should be cooperating and I put that on today. I said the rising tide raises all votes right. So and I meant it and that's kind of the ethos we have. Yeah so
Basically, when Chatti approached me in the beginning, it was a really clear and concise vision. It was three co-founders coming together from different backgrounds and each being able to contribute their own thing to this marketplace. So Chatti is the artist and he would provide the
design and artwork and direction and operation needs. I was the collector and the project founder and what a project or a collector would want to see from a marketplace. And then Stale is our developer and he would be like making a more gamified and making it
be as good of a marketplace from a developer side as we as we could and coming together and being able to develop that and bootstrap it from the way that we did and we having the support from the community early and being able to fund this this like incredible marketplace. We haven't shown all of the functionality yet by far. There's
16 different smart contracts working together as opposed to any marketplace that you've seen in now. It's just one or two. So the fact that we were able to get it working in itself is an incredible fee. We have one of our developers here listening. Kiran, he's killing it recently.
He just he spearheaded the recent update that we just released where Basically now all data from the blockchain is is updated live So any like burns any new mince any collections dropping everything That's happening on the blockchain is live up
updated in our database, which will open up a world of opportunities for us to continue developing on the platform and give people like collectors real-time data and be able to do it effectively. Because before other marketplaces, they have to like pull requests to see updates of whatever is getting longer.
But now we don't need to do that. That's done immediately. So it's giving the full knowledge to every single collector instead of to a select few before the pull request is made. So it's really leveling out the playing field for everybody. So that's really, really exciting and of Karen wants to
to come up and talk a little bit more about that than he can. So I'll send him an invite if he wants to, then he can if not, I don't know, he might be busy. But another really like core pillar of what we wanted to focus on with the marketplace is bringing back the love to artists.
And I think that that's something that kind of fell by the wayside with the current solution on Cardano. And this is something that if you weren't like in Cardano way back when then you wouldn't really really remember it before back when CNFTIO was the main marketplace.
But everybody wanted to collect the biggest artists at the time. And this was like glitch creation or yassin or tyler with spaces. And everybody wanted these artists or chat even to leave you out. But yeah, everybody wanted to collect these artists and then when market
place came out that didn't support artists in their own way and only supported collections because projects made more money for these marketplaces than artists were kind of forgotten. If I were to look up Chattinessar on the search bar on the current solution, then I would only see seven
of his pieces, I wouldn't see everything that Chad Inusar has to offer, and that makes it really difficult for an artist to survive in the space. And they're the backbone of NFTs. We try to say that, and NFTs aren't just like digital
It claims with pretty pictures. And if we really want to push that and celebrate artists in our space, then there should be a solution for them. So this is what we're releasing soon. I think, correct me if I'm wrong, I think in the next few days, is something called artist profile. So we could search, chat, and
and find every single piece that's associated with Chattiness R. And that way we can have an artist side of the website and then we could have a project side of the website. So if you want to celebrate an artist, you could look up Chattiness R and find all of his pieces. If you want to celebrate a collection, then you could look up
space buds and find anything associated with space buds. So it's giving that love back to the artist in that way and shout it. You could speak more on that. Yeah, so basically the logic here is that we will have what we call projects. So taking myself as an example, I am the project, my name is chatting the
are and then we'll have all the collections I will claim all my collections under my project page and I am responsible for updating everything on that project. At the moment it's still in beta so we are still in beta we want to test it for a while maybe onboard the first
100 to 100 that apply see how it works and then from there learn and see where we go. Basically what we also decided is that because we want to stay as decentralized as possible you will own all the images on there so everything you do not
load anything onto our website, everything is hosted on your own IPFS and then you will post it up through the IPFS. What that does is that it gives your ownership of everything on the website. It gives you control, which is fully yours. The only
The only thing we ask is for us to approve or reject the application. And the reason for that is just to be consistent. We're not a blue, it's starting off like that and kind of checking up and making sure you own this data, you own all of the information
on it. We're not including royalty addresses at the moment, so make sure you have royalty tokens attached for older collections that do need a royalty token. We can talk about it on a case-by-case basis. That's not a problem. If you want to change a royalty
to address for any reason. We can talk about that privately and see why you want to do that and what proof do you have that you have the right to do that. We had it once with milk. The milk collection where there was a big thing, we had many people from the
community coming to us. So we went and we asked the founders what happened. We understood it. We saw that the community was behind the changing of the address. And so we did it as an example. I have a few collections that were done prior to those
tokens. So I will be able to change those with having someone like Fatigini, a proof instead of me, for example. So this is all coming very, very soon. It's all built. Kirin was nice enough to finish it off.
recently, I think one or two things might be missing, but for the beta it's okay, we can handle it, but then you will have to sign to get in, sign to approve everything before you send it to us. So it's all on the blockchain, you approve everything before it happens.
And yeah, you will own your own project page and now and also just to support artists it in another way we we have immediate support for on chain assets so all that those Collections that had that were on chain artwork that
weren't showing up on other marketplaces, they show up perfectly on pollutants and some of the new competitors too. Also AR weave, which is a new and better hosting service for all Cardano NFTs.
instead of currently 99% of NFTs on Cardano are hosted on IPFS because that's just what JPEG Store accepts and they don't accept anything else. But if IPFS goes down, we're all kind of screwed. So we
support AR weave, which is the new one, it's cheaper and it's permanent. So if your collection hosts on AR weave, then it'll be there forever. And you don't have to worry about IPFS going down. So we support that and that's something that isn't supported on other marketplaces too. So that's super exciting and it's kind of, we want to always
be on the forefront of development and not holding back collections, not holding back artists to suit our standards. We want to adjust to artists and the ones who are pushing the arm below them, pushing our space forward. We want to be the ones accepting them and supporting them instead of the other way around.
Yep, and basically what you'll have is you'll have an about page, you'll have a collection page, you will have all those pages on there, you will be able to fill in all the information yourself. Again, all images will be on IPFS and then at the end you'll have an owner's page.
the owners page will not appear to the public. It will only be for us to see who are the owners in case we need to contact them. And those are the two people we've limited it to two for the moment. Those are the two people that have the right to go in and change anything on that collection and project. So again, the logic is
project from project you go to collections and then in collections you can have control also on how to change stuff. So we didn't even talk about the core functionality of the marketplace and what all that 16 different smart contracts do. So you're going to have everything that you want to see out of a marketplace.
very soon. But I don't have to disclaim this for the people outside of the US only. Nobody in the US will be able to interact with our token. But every single purchase and sale of an NFT on our platform will earn you
you are reward token and the reward token you can stake for a percentage of the marketplace fees. So it's a fully decentralized marketplace in the sense that when you're transacting you are getting the reward token which then gives you that percentage of the fees. So again, excluded from the
us, but we're working on seasons right now. So every few months, we're going to be air dropping 2% of the supply. But then aside from that, 40% of the tokens are going to the community through rewards, and then 20% of the tokens are going to the community through staking.
than like 15% through airdrop rewards to early users and a bunch of other things that we're doing to reward the community. And then for the people inside of the US, because we recognize that, they want to use the platform too, instead of a 2% marketplace fee, which is on JPEG,
we have a 1.5% marketplace fee and you have access to our XP leaderboard. XP leaderboard enters you in to win raffles of NFTs and various other things. And then also this is a big thing that still wants to do that he's working on is as you level
up on the XP, you will get like a gold border or a diamond border and you'll be able to track other gold or diamond border traders and who's the best trader and make it a lot more fun to collect NFTs on Cardano. I think a lot of in this past few months we've lost a lot of that fun and we want to bring that back to
to everybody. Yeah, and one thing if you remember with the Goombals we tested the feature that's easily applicable now. So once we have the collections and the projects up, one thing we will be able to do is integrate you asking for, we call it
to do it with us, but you'll be able to go and buy the whole project onto your collection. So let's say you want to reward the clays. The clays want to reward their people and they want to make sure that they can play and do something that they can do.
with because they are big collectors. So you can identify people who have 20 clays and over get access to this color and this skin and this color scheme. People with 50 and over get this color scheme, people with 100 and over and they can identify how many
levels they want it for each level what access they get from the clay skins but this can be done for everybody else not just the clay. Again the Goombals were the first to do it because we wanted to test it with them. Right and we're also making it part of like the
Plug in play so a project can come in and say and put in all the parameters and basically make it so we don't need to touch it But they can choose to reward there holders in any way so if Husky wanted to come in and say if you want to Haskify your your Pluto's art page then he could put everything he wants in to
it and then if you hold one Husky you get this kind of background, if you get ten Huskies you get this kind of background and it makes it a lot more fun than exciting and personalized to be a collector. Yes and this will all come once we have the project pages up and you are approved. So stage one is
testing the project approvals and the collections and all of that, getting feedback from all of you. And then once we have that feedback and we improve it, stage two will be giving you access to that page where you can go and choose different skins. Now, this will all be for free at the moment. However,
at some point. Me as the CEO as someone has to look for revenue streams, this might be a small fee on the project side who want to use it and projects can come in. Now also I just pinned the top if you wanted to watch that video while we're speaking you can see
like the process of Goon Bullfying your thing. And that's active right now. So if you have a Goon Bulls, you could go to Plutus Art and check your wallet and do that. It's really cool. Yeah, and another thing you can do, like for example, Drop Spot are a marketplace that are very art-centric. They are
what the artist, they're very centric at bringing in front artists and making sure that they are a very, a gallery of sorts. Okay, so in the spirit of cooperation that we spoke about, if DropSpot wants to reward people buying for
from drops bottles, collections that they are dropping. They can come in and they can create a project and under this project they can list all if the artist agrees of course, they can list all of those artists that they have dropped and then give people different skins. For example,
example, I am an artist that's extremely busy. I might not want to drop something myself. I will go to Dropsput and say, "Hey, let's drop this. That's a great." And I will let it be under their gallery and they will take care of the skins for me. They will do everything because they're taking part of my, they're taking
a commission, right? So why not? So this functionality is not just for us, it's not just for projects, it could be a way to cooperate with Jam on bread too. I see them here, hey guys, so that's a really cool thing to do for I would love to see like, close to
like the German bread hugging with the Plutus and that's part of the skin they get that will be hilarious you know like this is what we mean when we say decentralized and cooperative like to us it hey we designed it but if you want to bastardize it go ahead and have fun
And a big thing of that we believe is holding back the Cardone on NFT ecosystem is the fact that NFTs can only be listed in one place at once. So we have on our plans to work on creating a smart contract to basically allow for an NFT to be listed
in multiple places at once. But for now, any marketplace that is willing to list our listings on their site, we are willing to do it the other way around, but it's only for the ones that are willing to do that. And that's not the case with one certain marketplace.
I think that all the smaller marketplaces coming together and doing that will be really beneficial for our space. Yeah, and that can be part of the deal. Why not? Why not have you guys? Because I see two marketplaces in here already. If we can easily cooperate
I think we already have the functionality correct me if I'm wrong, Kiran and Fetticini, but we can already incorporate your NFT as onto our marketplace. Yes. And do revenue share it. So for the fees. So the end user didn't get to pay more. We just share the fees.
between ourselves. So that I feel is a great way to get exposure on everything, not just what's listed on yours too. So a lot of things we're working on, auctions obviously offers
collection offers, everything that you want to see from the marketplace buying and selling in native tokens. We have that coming soon. We have, with something really cool that Kiran's been working on too. We're not going to announce what that is, but that's going to be launched very soon too.
That'll be a real game changer with the space we believe. Also, another really cool thing that with another project that they are releasing some really crazy platform and we're going to be one of the first ones to tie in with them too.
and have the functionality for them. So that's going to be really exciting too. So we've got a lot of things working and just and work and using our platform helps so much in terms of speeding up our development and allowing us to continue to build on, especially with the state of the Cardano and FT market plate.
marketplaces and Cardano NFC ecosystem. This is the time to make that move and to support the people pushing things and in the right way. Like I was saying before with the database that Kieran built up, now everything is live. We're not going
You're not going to have to deal with people front-running transactions and buying things before it shows up on the marketplace because it's instant on our platform. Immediate from the blockchain, there's no pull, there's no anything. So that removes that front-running capability on our platform. And that was a huge, huge development that he made.
Mind you, he has a baby. So staying up all night and working on that is a big thing so we thank him for it. And he's up here if he wants to jump up. Yeah, I didn't speak earlier because I had a screaming baby in the background.
seems to have gotten down now. I will just say a little bit more about the big update that we've just done. Basically all of the feedback that we've received up until that point, I tried to take it all in board, fix all the bugs. So I'm sure there'll be a whole load more bugs reported but that
That's cool. So that's one thing that we did. Also about this live-up rating thing. So any sort of newly minted project should appear on the site immediately. But the nice thing is you will also receive notifications in the front end when you're
NFT cells for example. So yeah, well any kind of event if you're NFT cells if someone likes your NFT you get a little pull up so it's very much live now. So I just wanted to add that really.
Yeah, this update allows for so much more functionality that you're going to see rolled out over the next few days. So that's your you're going to be pleasantly surprised by the way that Pludes changes over these coming weeks because we've put so much work into these updates over this past time. And now it's all pretty much ready to go.
So yeah, we were kind of quiet, but we were quiet for a reason. When our XP idea was stolen, not just by state JPEG, we saw, I think magic Eden also put it up and we saw many others blockchains use it too.
After we did, we were like, "Okay, maybe we should keep our mouth shut and just head down and get shit done." And that's what we did. And I think FET and Guarante should be open the floor for questions.
Yeah, let's do it if anybody has any questions. Please request and come up and ask But John's not allowed up anybody gets John can come up and ask a question But yeah, just to reiterate once once we have our so oh
So every buying, every purchase and sale currently is being rewarded in the back end with the rewards token. It's not actually going to your wallet yet, but it's currently being tracked and that's all going to be released in the next week or two. And then you'll be able to stake
it and get all the things. But that's if you're outside of the US again. But for any purchases and sales, currently it's still being tracked. So, John. Yeah, it's also to be clear when we say airdrop because Fatticini loves the word airdrop. We mean claiming.
So we will not physically sending it to you. You will have to come and claim it and prove you are not in the US before you claim it. So that's how we're mitigating that and we have to be clear. So yes, it is like a claimable air drop. Yes. Flood, you came up first. What's up? Oh man, not so much a question.
I love so much of what you guys are saying, not least of all you're willing us to work with the other small market places and kind of tie that all together and being able to show an NFT in three or four different places. That's huge for anyone out here trying to build up their secondary market and so on.
Huge you had me right away with the rising tide lifts all ships. That's something I've been kind of pushing since I got here day one I I freaking love that in the space and it's I've been in a lot of different ecosystems in my life as this is the most supportive one I've found ever But yeah, I love so much of what you guys have gone on and
And no specific questions, just more or less that comment and you know, singing some praise, throwing some flowers. And I wanted to say I'm sorry, I had all the adversities in the beginning that I won't even get into and all of that crap because it was unnecessary and silliness. But you guys fought through it and are making it happen and that's the important part.
Right. Cardano is about supporting and coming together and being at one collective community. We're already the smaller blockchain we shouldn't be fighting in between ourselves and threatening each other and all this stupid shit. But yeah, and we wanted to show that
We don't need so much money to run a marketplace in the best way. We have a 1.5% fee as opposed to 2% fee and 80% of that is going back to the community. So we're really effectively operating on a zero point
3% fee and being able to show that we're able to do more and offer more with that as opposed to 2% this entire time and whatever other funding and all this other stuff. So we're showing that Cardano especially in a bear market we need to keep as much money within the ecosystem as possible.
draining it in any way that you could come up with. But yeah, thank you, Flood, for the comments. What's up, Andrew? Yo, yo, thanks for bringing me up. I wanted to, sorry, I have a question and I also had like something I wanted to point out, which I think
was super, super important. It really shouldn't be something that gets glossed over, especially as time rolls on. You mention the fact how you take the information directly from the listing as the media that gets posted. The reason that's so important because at some
something that OpenC does not do. So something like OpenC, they take that information, they upload your media to their server, and then they host that media on their server. And what that actually does is it actually opens yourself up to litigation in the future because depending on the content
content, you may not give them the rights to repurpose and reproduce your content. So especially like with music, if I was doing that, they essentially stole my song and uploaded it on their servers through that route. So I just kind of wanted to give you kudos and give you definitely some flowers for the fact that you're not doing
that because that is something important that most people aren't aware of. Another thing that leads to my question and it's something I think is super, super dope. You said being able to search by artists being more of a project compared to a collection. A question of mine
and this is just myself speaking from like a music background. Are you able to have I guess two ways to be searched upon for discoverability so like with stick city yeah so like you'd be able to do like Andrew art and
and Drew music as two different artists profiles. It would need to be like with two different wallets. I think, correct me if I'm wrong Karen, but I think you need to do two different wallets to set up the two different collection pages. But yes, you could do that. Okay, because you're like,
Yeah awesome okay dope cuz yeah just to put that into a real-world example I know there's a lot of musicians and artists that probably have the same question a lot of us do music releases through six city he has something called an epoch drop so when you do
search for that collection normally it's epoch drop genesis or sick city genesis collection. Say if I wanted to specifically look for an artist through that collection I would be able to search for example Matt Diamond he's an artist and I'd be able to find his sick city collection along with his other collections.
depending on how the projects have been formed. Are they different? Are they different policies? Yeah, they'd be different policy IDs.
So just to reiterate this is how it works. You create a project. The project does not have any policy IDs when you create it. What we call policy IDs on our website we're calling them collections. So the project can be Andrew and this project just talks
about you, talks about who you are, etc. And then you kind of come in and attach the different collections that belong to this project. And this is where you put in the policy IDs. So your policy IDs will be listed under your project. This is the logic behind it. This is why if you want, you can create a different
project for every policy ID, but that's I think overkill in my opinion. For example, the clays they would have one which is claymation, that's the project, and then they put all their collections under that. For me too, it will be Shady Muster and then all the collections under that, etc. etc. If I want to re-brand, for example,
and take my name out of it and just call it call me by your name, which is the name of most of my collections, but different sections of it, I can do that too. But I'm going to keep it under my name because I'm the principal artist, et cetera. So this is all done through the once, I think we're
correct me if I'm wrong but I think we only have one or two little bugs to fix and then I will make a video in the next couple of days and then we will like a how-to video on how to use it and then you can we will release that so people can use it. I think you already have access to it so if you want to go in and play you
can go in and play. When you connect your wallet, you can go in and you will see at the end, in your profile, at the end, you should see Projects tab. You click on Projects tab and you will say you will have a thing that says Create Project. You create a format and you can start creating your project right away.
The only advice I have for you is if you want to do it right away is maybe go in, note down all the different sizes for all the different pictures you have to upload to IPFS, create them, upload them to IPFS, remember which ones which, so when you come back and
you just put in the IPFS hash in there. They will fit perfectly and you don't have any issues of how they will fit. That's one tip I'll give you. Maybe you can start doing it now if you want you can jump on while I speak and please put some information in
about boxes etc. like I rejected one today because he had no info in there like what's the use of having someone come in and say join my project it has 130 NFTs in it. It doesn't really make sense so try and populate it with some information because the hope
point of this is to showcase who you are, what your project is, and what you're trying to do. And not taking advantage of it. I mean, if you really don't want to enter anything, I'll still approve it. But that one was not approved for other things because they kept the basic text even. Like there was some basic text that
we include in there, like Lauren Mepson everywhere else you go and they kept it in there. So that's why I rejected it. But if you really don't want to include anything, don't we just think it's a waste for you because the whole point is to showcase what it's about for people to do and read. It's literally a mini website in a way.
You're doing a lot of work.
to trying to build out the capabilities. One of the resources that we've had to rely on is seeing FT jungle attached to JPEG. I was wondering what our guys plans were around making some of the data that you have that you will start
collect in as you grow available to third parties like us that would be able to utilise and build into other solutions or is that not on your roadmap radar at the moment? Yeah, so Karen can talk more about this but one of the biggest issues that market
first coming out is all that data is currently centralized and it's very, very difficult to tap into that data. And we kind of had to create our own system and that's what like a huge benefit of Kirin building this own system is, is now it's essentially
We're very willing to share that with whoever is interested in that data for sure. But Karen could talk more about the difficulty of what the solution was prior and the ability now.
So I'll tell you a little bit about that. We were doing what everyone else was doing and pulling the data in from an external source. But now we've got quite a lot of quite complex jobs that sort of aggregating all the statistics directly from the blockchain. And yeah, I'm quite happy to open up our API.
And you can query that sort of it does have a rate limit. I think we're limiting to about 120 requests every couple of minutes. So it's quite high rate limit. So yeah, yeah, yeah, well, I mean, the thing is when we were reading the data from
and external sort of we were querying them a lot because you know there's so many I think we've got about 7,000 different projects sorry collections in our system at the moment so yeah for each one of them you've then got multiple different stats that you've got to gather it adds up to quite a lot of queries but we've got quite a lot of caching and stuff like
that in our backend so we can handle quite a lot of queries. So don't put that to do much of a test. But yeah, fingers crossed, I'm quite happy to share that data. I know there are a few little issues like at the moment. We've got graphs for how many items are listed. Currently that only includes listed
on polluters, it doesn't include listed on other marketplaces. I have already written a query so that it will include all marketplaces, but it quite a lot of data together, that's actually running at the moment. So soon that will include all listings, but yeah, at the moment the listing count just includes polluters listings.
Smashing stuff, thanks very much guys, I'm gonna drop down because I've just got a shoot but keep doing what you're doing is much needed and we need more people doing more things to grow audiences so yeah appreciate everything you're doing and we'll touch base soon.
Yeah, I had a good combo with Chain Lobby while he drops down. They're basically building a social media discord/twitter for NFC projects and just for Web 3 in general. A really interesting idea is that
I thought we could collaborate together and is basically creating a newsfeed on Plutus Arts website and tapping into their API. So you connect your wallet and see whatever projects that you're holding in that wallet. So if I'm holding a clay and an
deep society and a goat tribe in that wallet then any clay and goat tribe and ape society notifications that these projects post show up on my newsfeed so you don't need to be hopping back and forth between all these discords and twitters and everywhere.
most inconvenient user experience ever. But if you could just tap in to put us on homepage and see what's in your wallet and just a scrolling feed of all the announcements that you need to hear how sick would that be. So that's definitely on the radar in the plans.
And I'm excited about that too, but that's a big thing about being open to collaboration and accessing data and stuff like that. That's something that we haven't experienced on Cardano before, but with the relationships that the three co-founders have, I think,
I think that that opens up a lot more potential to see really, really great cohesive marketplace with fresh ideas, not just taken from whatever they see. But yeah, if anybody wants to come up and ask more questions, we're here.
And I want to add real quick that when we say we're open to cooperation, we really are. Don't take that with a grain of salt. Come to us with an idea. Tell us we want to do this. We'll prioritize it if we think we have to, but if we tell you just
Give us some time. It's not that we want to brush you off. We are a small team. We have a lot to do and we're trying to get it done ASAP. So that's kind of where we're at at the moment. So there is a few other things that we're thinking about.
thinking of doing where we won't reveal it all but basically it will be an opt-in so there will be a lot of functionalities which will be opt-in. You can opt-in to the option A or option B while you're shopping on Plutus Earth but one thing
we wanted to do also is that maybe in the future you can have a monthly membership where you pay a certain amount per month and instead of opting in you get that feature for free with the membership, etc. So there's things we're working on, there's different
different avenues of revenue streams etc that we're looking at because I mean Jammam bread and drops what can't let you know it's not cheap to run a marketplace but it's also not expensive and any revenues
you can find is a good one. So when we do come up with those, I hope you guys will be supportive and you won't be like a cash grab cash grab. Just keep in mind we're doing this because we're trying to stay afloat and we want to give you the best service possible. Right and all these, I mean, the core
functionality, everything is going to be perfect and free. But these are like add on services. If you want, again, we're operating at 0.3% fee as opposed to 2% fee. We're not in this to make money. We're in this to show that card on how can do something different and better.
And in a way, the end game is to make this as decentralized as possible. What that means is once the token allocation has been completely released into the wild,
We are hoping this by then I know we have some in platform and we have so many other Dow platforms now, but hopefully by then the Dow mechanism on Cardano is more functional and easier to use.
And what will happen is you will be able to literally control what happens with the marketplace to a certain extent. So it will be something that will be a complete... I don't want to say complete
because nothing is completely decentralized and we've learned that buildingness and it's something that not just disappointed us but at the same time it pushed us to find ways to stay as decentralized as possible and have as little control while giving the best
we can. So it's a given take that we have to play with for now until the mechanisms both like legally and technologically are available where we can let you just play with it as you please with whatever tokens you have.
Yeah, if anybody else has any other questions come up please and ask them. We're an open book. Moral of the story where we're excited to bring back
the early CFT vibes to Cardano supporting artists, supporting collectors, keeping liquidity inside the market, especially during these times. And we want to show you guys some pretty cool
features. Yeah, flawed. What's up? Yeah, a couple, a couple questions. You will still have tooling in place for large projects like my psychos car game, for instance, or something like that as well. Correct? Or is it just focus more on the individuals?
100% so there's going to be two different sides of the marketplace. You could go to the artist side where you could see all this tooling for the artists and then there's the project side which operates as your standard marketplace that you see currently. So same thing, it's just a
more functionality for artists than what they currently have. Yeah, perfect. And also, I feel like the one thing that we're doing with the whole project thing is we're giving kind of, and I know that the NFT world is against galleries, but we
seen it kind of verged words that too. So we're giving kind of galleries a spot and we're giving other market places if you want a spot on our platform. As I gave, I don't know if you were here Float because I see the room has grown, but I gave the example that if drop spot
who is very artistic centric has the rights to go ahead and come out onto our project. They can create the Drop Spot project under on Bluetooth and then what they can do is attach those collections that were dropped there on
there. So you know someone's dropping with Dropspot, you couldn't buy it first hand, you want to buy it second hand, where do you go? You can come and search Dropspot on us, you know you'll find it there because they have their own project set up and they've attached that collection to the project. And what that does is it gives kind of
galleries and collectives, like their springboard, for example, that we, that FETA and I gave up to a really good group of guys from retro NFTs. There is DropSpot, there is a few other collectives coming up now on Cardano.
and that's a way to showcase their collective art too. So they can have one manager or two handle it for them, which mind you a lot of artists prefer, especially traditional artists, that's how their brain works, that's how they've done it for years. So it's a way to
kind of bringing other artists through their galleries. We can go to a gallery and say, "Hey, you can have your own gallery on there. We call it a project." And under there you can sell those different NFTs that you create, like we can explain it to them and it's something they can do.
Yes, we have artists, we have projects like large scale projects, but we're trying to also bring in the third aspect of the art world, which is kind of the gallery world. So we're moral of the story, we're in the space for decentralization.
We're all in one certain centralized place and they do something crazy like threaten a competitor or front-run transactions or pump and dump a meme token something insane like that. We don't want to be stuck with with one
marketplace. We don't want to be stuck with one actor that everybody has to rely on. So the call to action is for anyone here that's interested in what we're doing or interested in any of the other marketplaces drop spot, Jamel and Brad Flipper. Support them. Listings are super, super important.
I think we currently have about 7,000 listings on our marketplace. Obviously it's a drop in the bucket to like the 300,000 on JPEG and other couple of thousand across the other marketplaces. But that's the biggest way to support these alternate marketplaces.
everybody came together and started supporting other marketplaces. We could see a real explosion of innovation and growth and development for the collective ecosystem. I think you guys saw that a few months ago when we first launched. As soon as we launched, we were like, "Oh, we're coming out with the decentralized marketplace with the token."
everything like that and then immediately we're dropping a token to. But you guys have seen how that's gone. So yeah, if you want to see more development on Cardano, this is the best way to do it is to support anyone, not even just Blue Disart but Flipper, Drop Spot, Jam on Bread and
other marketplaces out there, it helps the collective ecosystem out. So yeah, if anybody has any last questions, please let us know, come up here and ask if not, we'll close it out on the hour. I'll just say something quickly about our upcoming development roadmap.
Basically, in terms of what I'm working on, I don't give away too much. No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no#
and that kind of thing. So that's particularly offers are going to be coming very soon. And then on top of that, we've got a few innovative things that are coming that no other marketplace has. And that's the really exciting thing for me. So yeah, it's going to be a bit of a mix, but filling
out this sort of critical features and also something new. So I'm looking forward to dropping that. I've actually got a sheet off now so thanks for your time everyone and cheers. Thank you for coming up, Geeron and we just wanted to say that Stale couldn't make it because he is working on stuff and we asked him during a come on the call. He said, "Do I
have to we said are you going to work he said yes we said no you don't so stale is working on bluetooth at the moment which is why he couldn't come on this call just that why and he's not even listening because he's focusing we said do you want to listen he said no I need to focus we're like okay go focus just get that out
Yeah, thank you guys so much for listening. If you guys could tweet out, say you're putting some listings up on Plutus, if you wanted to recap some of what you heard, that would be incredibly, incredibly helpful. We'll be retweeting whatever tweets we see from my personal, from Plutus Art page, from chatty.
page and yeah let's build Cardano NFTs in the right way the way that they're meant to be supporting artists keeping liquidity in the market and making it fun more gamified and interesting but I appreciate you all I'm gonna close out the space now peace