Engineers

  • Attendees
    • Alex
    • Tim
    • Cody
    • Will
  • Cody:
    • GeoWeb
      • accepting or rejecting bids so transfers don’t occur immediately
      • streaming payments
    • Bringing different implementations under the same roof
      • hoping to contribute back once GeoWeb gets their implementations + frontend working
  • Alex:
    • Right now: couple different implementations & good debate and discussion
    • Get them all into different directories on the same repo
    • Front-end to plug them into?
    • Plug and play
    • “I want to get more experience with implementations”
  • Tim:
    • Token – plural property token
      • Exploring how to change the ERC721 functions
      • Deprecating licenses on a per block basis
    • Getting funding – not getting paid and taking a lot of Tim’s time
      • Ocean Protocol grants
      • Eth foundation grants – up to 30K USD
    • Seeing smaller experiments
      • Allocation of domain names
      • Selling data – pricing property (people are cheating)
    • Original goal: comments system for his blog
      • going slow
  • Will
    • Wrapped ERC721s
      • quick / easy to bring to market
      • we take a cut of the tax to fund ourselves
      • bring additional protocol variations over time & allow people to customize
      • dog food
      • meme
  • Cody
    • Why would someone wrap?
  • Will
    • better on-chain royalties solution
  • Alex
    • bringing new assets into PCO
    • domain names are a good example
  • Cody
    • How does it get started? people minting from scratch? voluntarily wrapping?
  • Alex
    • Community-based growth
    • Community does so to increase their UBI or “sovereign wealth”
  • Cody
    • If marketplace supported PCO assets from the beginning
    • all assets would have to conform to a shared interface
  • Will
    • dogfood it and see what works in practice
    • this is our experiment
    • what people use becomes our model for the token standard
  • Cody
    • think of it like a DAO that buys assets to publicize them
    • Graven thinking about using GeoWeb funds to get people to PCO their assets
    • maybe enough people would volunteer
  • Will
    • some of the tax gets paid back to us
    • the person who wraps the token is always the tax recipient
      • need to make changes to Will’s code so we receive some of those funds as an incentive for development
    • the right to unwrapping?
  • Tim
    • Wrapping interface?
    • start from scratch
  • Will
    • interface vs. application = chicken vs. egg
    • to figure out the interface we need the application usage; to get application usage we need interface
    • why Will went with Simon’s implementation: get more apps out there w/o re-imagining the interface
  • Tim
    • prioritize wallet integration
  • Will
    • are you thinking about one after the others? or all at the same time?
  • Tim
    • build the simplest interface that can possible work
    • send in an EIP
    • and then start simultaneously start building user interfaces
  • Cody
    • whether its backwards compatible with 721
    • disagree: applications should come and then interfaces because its hard to generalize before people are using it; long-term agree that we should have a standard
    • crypto kitties came before 721 and then the standard was built based on crypto-kitties
    • build the app first: wrapping doesn’t necessarily use a standard but a standard comes out of that
  • Will
    • easier to build the lab and get some momentum → figure out the interface
  • Alex
    • agree w/ that
  • Tim
    • reverting the transfer function is wrong
  • Will
    • had to remove transfer to ensure that token owner doesn’t “eject” PCO logic
  • Tim
    • just keeping the 721 Metadata Standard
    • PCO token shouldn’t return the 721 interface when queried
      • PR
  • Cody
    • other ERC20 / ERC721s aren’t necessarily transferable
    • what’s the value of conforming or trying to confirm to 721?
      • e.g. wrapping NFTs → not a 721 anymore and disappears from people’s wallets
    • show up in people’s wallets?
      • Etherscan
      • key features: balance of, owner of
  • Forked Will’s implementation
  • Next Steps