First I’d like to congratulate the team and investors on an overwhelmingly successful presale funding round. We have more than enough capital to build out the platform we’ve been dreaming up the last few months now.
This medium article serves as a roadmap for what’s coming over the next few months, I will try to refrain from setting hard deadlines as that typically backfires with dev work -but I can give estimates.
Front End / React Build
This part is for all intents and purposes completed, started weeks ago with my own money. The screenshots shared of our UI are from the react build. A link to view the build will be provided within the next week.
Back End / Integrations
This is the core value add of our project. We have to integrate various art sites, Rarible, SuperRare, MakersPlace, KnownOrigin, etc. This involves scraping for art on each site and working around the different way the sites handle their data, both on and off chain.
Smart Contract / Token
After backend core functionality is in place we need to set up the staking requirement for the daily competition, using ONFT as the admission ticket (providing a source of value for the token). Staking also needs to be set up for the option to stake extra token to any artist of your choice. We also need to set up record keeping of who stakes what to whom so we can reward users accurately.
Token design comes after the smart contract and has largely been covered in the previous medium article on distribution: https://openft.medium.com/presale-questions-answered-af04657de208
Security Audit
Will have all parts of code base reviewed by third party after platform proves stable and before any real large amount of money is introduced to the system. Audit and website come before token launch.
Launch of OpeNFT
Platform launches so we can verify its stable and get a list of week one users to drop to who really want in but couldn’t get in on presale. After stability is confirmed and most adamant fans have joined in token launches its uniswap pair.
To everyone who wants token to launch before platform, Im aware people think they can profit off a quick flip at launch. I get it. I work in finance and am a trader at heart. Trust me when I tell you the network effects we build from first week or 2 of launch will build actual demand for our tokens and it wont plummet as soon as liquidity is added.
Telegram is open for questions and moonboi memes:
https://t.me/OpeNFT
Preview of Front End
