Odyssey DAOBitmap, the 1st Non-Arbitrary Metaverse Project on Bitcoin | BitNativeNarrative No. 2
by Rebbeca Ren, NavigatorLabsWhat is Bitmap?In December 2022, Casey Rodamor created the Ordinals protocol, allowing data to be stored on the Bitcoin network. This revolutionary breakthrough meant that Bitcoin was no longer just a store of value. This upgrade enabled users to inscribe data on the smallest unit of Bitcoin, the Sat, creating a new asset class called Ordinal Artifacts. Bitmap belongs to this category of assets, permanently stored on the Bitcoin blockchain and unalterable by anyon...
Odyssey DAOSome Thoughts on $NAT and Digital Matter Theory
Starting from the quantum entanglement between the real world and the digital world, under the major trend of All Chains United (BTC), the ultimate digital world of our dreams is also about to usher in the era of All Universes United......By @NavigatorLabs & @CryptoKitchen23Core ViewsDMT is creating a unified, non-arbitrary digital world. Under the major trend of All Chains United (BTC), our dream of the ultimate digital world is about to start the era of All Universes United;The Block Elemen...
Odyssey DAOMetaforo, a Web3-native forum platform for crypto projects | Jam Review No. 20
Today’s Jam Review features Metaforo, a Web3-native forum platform for crypto projects.MetaforoTrack: SocialScouted by: Suji YanSite: https://metaforo.io/Twitter: https://twitter.com/realmetaforoDiscord: https://discord.gg/uwxYdPx2whBlog: https://metaforo.io/g/MetaforoOfficialDiscussionGroupWhat does your product do?Metaforo is a Web3-native forum platform for crypto projects seeking true Web3 Governance.What unique value does your product features bring in?What unique value does your product...
A crypto-native community for sovereign individuals to BUIDL and to LIVE.
Odyssey DAOBitmap, the 1st Non-Arbitrary Metaverse Project on Bitcoin | BitNativeNarrative No. 2
by Rebbeca Ren, NavigatorLabsWhat is Bitmap?In December 2022, Casey Rodamor created the Ordinals protocol, allowing data to be stored on the Bitcoin network. This revolutionary breakthrough meant that Bitcoin was no longer just a store of value. This upgrade enabled users to inscribe data on the smallest unit of Bitcoin, the Sat, creating a new asset class called Ordinal Artifacts. Bitmap belongs to this category of assets, permanently stored on the Bitcoin blockchain and unalterable by anyon...
Odyssey DAOSome Thoughts on $NAT and Digital Matter Theory
Starting from the quantum entanglement between the real world and the digital world, under the major trend of All Chains United (BTC), the ultimate digital world of our dreams is also about to usher in the era of All Universes United......By @NavigatorLabs & @CryptoKitchen23Core ViewsDMT is creating a unified, non-arbitrary digital world. Under the major trend of All Chains United (BTC), our dream of the ultimate digital world is about to start the era of All Universes United;The Block Elemen...
Odyssey DAOMetaforo, a Web3-native forum platform for crypto projects | Jam Review No. 20
Today’s Jam Review features Metaforo, a Web3-native forum platform for crypto projects.MetaforoTrack: SocialScouted by: Suji YanSite: https://metaforo.io/Twitter: https://twitter.com/realmetaforoDiscord: https://discord.gg/uwxYdPx2whBlog: https://metaforo.io/g/MetaforoOfficialDiscussionGroupWhat does your product do?Metaforo is a Web3-native forum platform for crypto projects seeking true Web3 Governance.What unique value does your product features bring in?What unique value does your product...
A crypto-native community for sovereign individuals to BUIDL and to LIVE.
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There are more and more Web3 projects and products registered for ETH Shanghai Hackathon creating project profiles in MetaJam, hoping to find people to form teams, exposure and promotion, and seeking cooperation in this Web3 BUIDL network.
Today’s Jam Review features XCarnival, a market-optimized liquidity solution for NFT assets, which is an entry in ETH Shangahi Hackathon.
Category: NFT
Scouted by: M7e
Site:
Twitter:
Discord:
Blog:
DeFi+NFT+Liquity+Lending
XCarnival is a stable and secure financial infrastructure protocol in a multi-chain environment, providing a market-optimized liquidity solution for NFT assets in Web3.0, supporting both P2P (Person-to-Person) and P2C (Instant Lending Pool) models of asset-backed lending.
XCarnival Solution 1.0 - XBroker
XBroker is a platform for NFT pledges and loans, which provides liquidity for the NFT market. Participants are divided into three roles: mortgagor, lender, and liquidator. The mortgagor is to provide NFT to pledge and borrow money, the lender obtains interest by lending USDxc, and the liquidator participates in the liquidation through auction bidding, that is, paying the auction price to obtain NFT.
XCarnival Solution 2.0 - XPawn
XPawn is a platform based on NFT assets issued on the Ethereum mainnet, innovative use of the pool model, and lending of value coins, in which users can participate as depositors or borrowers. Depositors provide liquidity such as ETH to the lending pool to earn interest and rewards and receive liquidity incentives. Borrowers can use their NFT holdings as collateral to lend ETH, etc. to the lending pool.
XCarnival 1.0 - XBroker
Problem: lack of NFT liquidity, and difficulty pricing
Solution: NFT mortgage and lending under the P2P model: Complete lending between users through XBroker, and protect the rights and interests of investors by auction and liquidation.
XCarnival 2.0 - XPawn
Problem:
Can’t lend multi-NFT out easily
Have to wait for lenders to match the deal
High-price NFT difficult to get matched
Solution: Product iteration by
Mess Pool (majority) for standard assets
VIP manual channel for target high priced blue chip NFT (minority)
Mortgage and lending model upgrading: Pool2C model let borrowers make the deal anytime through the official pool (fund)
XCarnival 1.0 - XBroker
The first platform to enable peer-to-peer lending of NFT assets on the BSC chain.
XCarnival 2.0——XPawn
Choose qualified blue-chip NFT collections into the whitelist
Unique NFT Oracle Pricing: Offer the reference price based on the floor price within a specific period of time (weeks)
Clients choose the lending scope and interest conditions
Complete the lending in seconds
Liquidating the collateral NFTs if repay overdue or NFT floor price drop down
Auction in multi NFT market such as Opensea and Looksrare for least value loss
XCarnival follow-up plan
A richer and more complete list of loanable NFTs: In addition to the blue-chip NFT categories supported in the first phase, XPawn will continue to upload community-approved NFT varieties to provide stable liquidity support for the massive NFTs.
Richer multi-chain ecology: After XPawn goes online on the ETH mainnet, XCarnival will go online one after another with Solana, Avalanche, Polkadot, Flow, and so on. After XPawn is launched on the ETH mainline, XCarnival will follow up with Solana, Avalanche, Polkadot, Flow, and other public chains; at the same time, it will also continue to promote the construction of ecological empowerment including community NFT Pass, including GameFi, NFT, meta-universe project cooperation including but not limited to whitelist, testing, and airdrop.
More discussion in the discord channel:
There are more and more Web3 projects and products registered for ETH Shanghai Hackathon creating project profiles in MetaJam, hoping to find people to form teams, exposure and promotion, and seeking cooperation in this Web3 BUIDL network.
Today’s Jam Review features XCarnival, a market-optimized liquidity solution for NFT assets, which is an entry in ETH Shangahi Hackathon.
Category: NFT
Scouted by: M7e
Site:
Twitter:
Discord:
Blog:
DeFi+NFT+Liquity+Lending
XCarnival is a stable and secure financial infrastructure protocol in a multi-chain environment, providing a market-optimized liquidity solution for NFT assets in Web3.0, supporting both P2P (Person-to-Person) and P2C (Instant Lending Pool) models of asset-backed lending.
XCarnival Solution 1.0 - XBroker
XBroker is a platform for NFT pledges and loans, which provides liquidity for the NFT market. Participants are divided into three roles: mortgagor, lender, and liquidator. The mortgagor is to provide NFT to pledge and borrow money, the lender obtains interest by lending USDxc, and the liquidator participates in the liquidation through auction bidding, that is, paying the auction price to obtain NFT.
XCarnival Solution 2.0 - XPawn
XPawn is a platform based on NFT assets issued on the Ethereum mainnet, innovative use of the pool model, and lending of value coins, in which users can participate as depositors or borrowers. Depositors provide liquidity such as ETH to the lending pool to earn interest and rewards and receive liquidity incentives. Borrowers can use their NFT holdings as collateral to lend ETH, etc. to the lending pool.
XCarnival 1.0 - XBroker
Problem: lack of NFT liquidity, and difficulty pricing
Solution: NFT mortgage and lending under the P2P model: Complete lending between users through XBroker, and protect the rights and interests of investors by auction and liquidation.
XCarnival 2.0 - XPawn
Problem:
Can’t lend multi-NFT out easily
Have to wait for lenders to match the deal
High-price NFT difficult to get matched
Solution: Product iteration by
Mess Pool (majority) for standard assets
VIP manual channel for target high priced blue chip NFT (minority)
Mortgage and lending model upgrading: Pool2C model let borrowers make the deal anytime through the official pool (fund)
XCarnival 1.0 - XBroker
The first platform to enable peer-to-peer lending of NFT assets on the BSC chain.
XCarnival 2.0——XPawn
Choose qualified blue-chip NFT collections into the whitelist
Unique NFT Oracle Pricing: Offer the reference price based on the floor price within a specific period of time (weeks)
Clients choose the lending scope and interest conditions
Complete the lending in seconds
Liquidating the collateral NFTs if repay overdue or NFT floor price drop down
Auction in multi NFT market such as Opensea and Looksrare for least value loss
XCarnival follow-up plan
A richer and more complete list of loanable NFTs: In addition to the blue-chip NFT categories supported in the first phase, XPawn will continue to upload community-approved NFT varieties to provide stable liquidity support for the massive NFTs.
Richer multi-chain ecology: After XPawn goes online on the ETH mainnet, XCarnival will go online one after another with Solana, Avalanche, Polkadot, Flow, and so on. After XPawn is launched on the ETH mainline, XCarnival will follow up with Solana, Avalanche, Polkadot, Flow, and other public chains; at the same time, it will also continue to promote the construction of ecological empowerment including community NFT Pass, including GameFi, NFT, meta-universe project cooperation including but not limited to whitelist, testing, and airdrop.
More discussion in the discord channel:
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