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Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Art Wallet and our guests were @idietz?—?representative of Art Wallet. The AMA took place on 3rd of September.
The total reward pool was 500$ and has been split into 3 parts.
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1?—?introduction and questions from the Website
Luis Merino
| Satoshi Club:
Hello everyone and welcome to another AMA session in Satoshi Club. Our guest today is @idietz, from ArtWallet
J Dietz:
Wooo Hooo!
Luis Merino
| Satoshi Club:
Welcome here, nice to meet you
Paul Mont | Satoshi Club:
Hello @idietz , it’s a great pleasure for us to have you here at Satoshi Club: )
J Dietz:
Yes of course, great to be here.
Was just writing about Satoshi.
I even made a comic book about satoshi once.
Paul Mont | Satoshi Club:
Haha great, I’d love to see that
On the other hand, we’re super excited to know anything about Art Wallet
Luis Merino
| Satoshi Club:
We are all Satoshi lovers in here
Haha.
J Dietz:
https://bitcoinist.com/hunt-for-satoshi-nakamoto-comic-book-finally-released/
This was a long time ago but here you go.
Probably will be a major collector’s item someday.
I didn’t write it I just helped publish it.
Paul Mont | Satoshi Club:
Okay… mate, this is freaking cool
J Dietz:
Anyways you can see I’ve been involved with crypto art since the early days.
This was actually at the first satoshi roundtable if you can believe that.
These days i only go to the secret satoshi roundtable lol.
Luis Merino
| Satoshi Club:
Lucky you
J Dietz:
Well…
It didn’t always make me money sadly.
But hey now we have NFTs so let’s go.
Paul Mont | Satoshi Club:
7 years ago, that puts it back to 2013. I sure believe it
J Dietz:
Anyways glad we all like Satoshi here.
Happy to answer any questions you all have.
Luis Merino
| Satoshi Club:
Paul Mont | Satoshi Club:
Thank you J, this piece of history you’ve shared already contributed to make my day
J Dietz:
Haha amazing happy to hear that.
Paul Mont | Satoshi Club:
Now, the protocol demands that you introduce yourself a bit
So, please tell us more about yourself!
Your past experiences/background and also how did Art Wallet come to life.
J Dietz:
Sure so been doing a bunch of cool art stuff for a long time.
Luis Merino
| Satoshi Club:
All my teammates are very fast at typing…
J Dietz:
Wrote some books of poems, some AI art, some videos, etc
Oh yeah, i love competitive typing btw.
Luis Merino
| Satoshi Club:
They are always first
J Dietz:
Including producing a film, etc etc
So anyways I know a decent amount about the life of an artist.
Paul Mont | Satoshi Club:
Haha, mate
J Dietz:
And then when I got involved in crypto early on I was really interested in the parts that would bring it to a wider audience.
Luis Merino
| Satoshi Club:
You are an artist too only by knowing your background…
J Dietz:
As typical crypto enthusiasts.
Trying to spread the love and all that.
Teach people about DAOs.
These were very very early days of ethereum.
So after i did the crowdfunding thing for a bit.
I basically started the project that became Metamask.
I guess technically you could say I started metamask, back at Devcon 0.
Because I was thinking everyone would want to use a web browser.
Instead of download a separate piece of software.
Boom Ethereum Foundation funded it and we had a cool project.
Paul Mont | Satoshi Club:
Gosh… that puts you in the Olympus of the crypto pioneers and founders
J Dietz:
But then Consensys came long and cut me out of the project.
Probably because their founders are bankers and don’t really care about artists very much lol.
So I didn’t get all the ether I deserve so I need some new project to make us all rich.
Long story short lol.
Luis Merino
| Satoshi Club:
J Dietz:
But anyways i’m a coder too been coding since I was super young.
And I always love to see synergies between different worlds.
Luis Merino
| Satoshi Club:
Is there anything you can’t do?
J Dietz:
Yeah i am wroking relaly hard to put my leg behind my head and failing.
Soon though.
And I’m quite clumsy and sometimes drop things.
Usually because i have some crazy metaverse related idea in my head.
But anyways yeah back to art wallet the more extended version is that I always have lots of ideas about things that culd exist.
And when the Defi space started exploding I was like how come there is no real pro Defi wallet.
And so I started writing out all the features I would like to see in a wallet.
And it got pretty long and involved, esp. when I started adding in NFT related features.
And then I met some cool folks from the Hacken Foundation and we started talking about building it.
And then a couple months later we have a bunch of amazing partnerships and we are off to the races.
With a great vision to deliver the ultimate metaverse wallet.
My own life objective is to live in the metaverse.
So I want it actually to become the cinematic experience reclining massage chair of wallets.
Where you can create universes with your hands.
Paul Mont | Satoshi Club:
Haha great metaphor, it sure does convey the message
J Dietz:
My guess is we are at least two months away from that though.
Also, I guess I’m a bit old school in this way but I actually like to own stuff.
Paul Mont | Satoshi Club:
Creating things take time, creating and refining great things takes even more time I guess
J Dietz:
Yeah will be a very small chair in two months.
Luis Merino
| Satoshi Club:
Indeed. Wise words mate.
J Dietz:
I’ve been doing this for a decade i don’t mind spending a decade on this project.
Paul Mont | Satoshi Club:
If you had to give a concise description of Art Wallet to our Satoshi Clubbers, how would you do it?
J Dietz:
Basically all you need to do is imagine an incredible opportunity to get rich mixed with virtual reality mixed with the first contact, backed by NFTs.
Not sure if that qualifies as concise.
How about.
The ultimate metaverse wallet.
Built by artists for the world.
Luis Merino
| Satoshi Club:
Better
Paul Mont | Satoshi Club:
Haha, I guess I’m trying to fit big in a small description?—?but that’s only for the sake of the community so that we get ready for the upcoming questions
J Dietz:
For sure I love questions.
Paul Mont | Satoshi Club:
And if you’re ready, we’re ready to shoot them at you
J Dietz:
Why not, let’s go.
Paul Mont | Satoshi Club:
Let’s get going then
Q1 from Telegram User @Cheriemike
You rescheduled your IDO due to the market condition that was less favorable, but you recently announced that your IDO will take place in early September 2021. We are already in the month of September, Can you tell us the specific date of your IDO?On which decentralized exchange will it be hosted? What will be the total supply of your $1ART token during the IDO and with what starting price per token? Will there be any whitelist? Thanks!
J Dietz:
I am asking our marketing team what I am allowed to announce at this moment.
I think our IDO partner wanted to make the announcement themselves.
Paul Mont | Satoshi Club:
Yes, but please don’t be shy to share some exclusive news with our community
J Dietz:
Haha, see what I can do.
Luis Merino
| Satoshi Club:
J Dietz:
- No specific date right now (late September?—?early October)
- Uniswap, pancakswap + 1 more
- Link to tokenomics (100mln 1art tokens)
- 0.1usd starting price
I think the +1 is what we can’t announce just yet.
https://medium.com/art-wallet/artwallet-token-utility-and-token-sale-details-17c01a4acee6
Sorry, will try to get you some other exclusive news though.
Luis Merino
| Satoshi Club:
Uuhhh… And when is the official announcement arriving?
Paul Mont | Satoshi Club:
Haha this is great thank you
J Dietz:
Soon.
Very soon I guess I should say.
Luis Merino
| Satoshi Club:
Paul Mont | Satoshi Club:
Also, @Cheriemike was wondering whether there will be a whitelist?
Luis Merino
| Satoshi Club:
Please share it with us as soon it is live.
Paul Mont | Satoshi Club:
J Dietz:
It will be available soon on artwallet.co
Paul Mont | Satoshi Club:
Perfect! All the question points were satisfied, thank you @idietz
J Dietz:
Yeah a lot of exclusive news coming soon on our partnerships.
Paul Mont | Satoshi Club:
Would you like to add something else or shall we hop onto the next question?
J Dietz:
I think we can move on.
Luis Merino
| Satoshi Club:
Let’s go!
Q2 from Telegram User @Jonahapagu
ArtWallet is said to be building a Smart&Secure NFT App for Artists, and to become the 21st-century version of iTunes and Spotify via NFTs…so How does ArtWallet compare with these two centralized Music platforms mentioned, do you see this two platforms as a competitor to Art Wallet. Becoming the 21st-century version of iTunes and Spotify Via NFT’s is not a small task, so how do you intend to make this possible looking at the already numerous Musc platforms available today.
J Dietz:
Yes, great question.
And to be honest it is an evolving process that we will figure out with some of our launch artists.
Itunes was first and really innovated the ease of use when it came to buying and streaming content.
From your devices.
Very powerful for artists and make a good synergy between platforms and artists.
Including really great hardware /device level integrations.
So I think that’s our goal too on all of those points.
To really empower artist by allowing them to earn more.
And to empower fans by allowing them to engage more and have exclusive content.
Spotify I would emphasize a bit less because but there are some elements from that model which we intend ot use.
This basically comes to the whole NFT world of being able to sell off limited editions of your work.
So if I’m a musical artist and I want to sell 1000 albums at an auction.
Then my top fans can own these albums.
Or speculators or whatever.
But then I also may want other people to be able to listen to that content.
And that’s where a token based model can be very powerful.
Because you can stream the content to your fans which is payable via 1art tokens.
Specifically, the owners of the albums can rent them out via 1ART.
And the same principle exists not just for sound, but also for digital art pieces and hanging them in galleries or other physical spaces.
Basically, it creates a whole secondary rental market for any content item locked to the original NFT.
But the core product is still relatively simple.
Buy an NFT.
Have some exclusive content delivered to you in an app.
And make that as simple to use as possible.
TBH I don’t want it to feel like an NFT wallet.
Paul Mont | Satoshi Club:
So, that means in one of the use cases, hypothetically speaking (and checking if I’m right), that I might be for example the exclusive owner of a limited copy album from my favorite music artist and then share/rent/sell the content out?
On the end-user side I mean
J Dietz:
Exactly.
Which basically can be a huge win win for fans and artists.
Imagine an up and coming artist.
You buy her albums early on.
Then you promote because of course you will since you are a huge fan.
Luis Merino
| Satoshi Club:
Please explain that win-win from both sides
J Dietz:
But now if she becomes super big you can also get money whenever people listen to or license her hit songs
Okay just imagine it from the standpoint of a single song
You have a friend that just released her first techno rap album
You convince her to sell it as an NFT that can be accessed only in art wallet
There are a 100 copies available for $20 each
Her friends and fans buy them
So far just like an ordinary album, nothing super different
Excpet you are playing the album through the app
But then, wait a bit and then more people want to listen to the song, well they can’t just buy the album for $20 anymore.
Because it was a limited edition.
So they have to listen to it through the app.
This means either your album(s) can go up in price.
Or they have to pay a rental fee to the owners of the album.
And some of that will always go back to the original artist too.
Luis Merino
| Satoshi Club:
Got it! Everything clear now
J Dietz:
Same thing goes for only fans btw.
Other models.
Paul Mont | Satoshi Club:
That’s definitely empowering, a true win-win on every side
Luis Merino
| Satoshi Club:
Yeeah
J Dietz:
Luis Merino
| Satoshi Club:
The idea rocks
Paul Mont | Satoshi Club:
Loved the answer and the crystal clear explanation?—?also clear infographics, thank you @idietz!
J Dietz:
Yeah now that i think about it would be nice to have a nice infographic illustrating that process.
Paul Mont | Satoshi Club:
But Art Wallet won’t be just based on Music
So the next question probes deeper on its utility and features.
Q3 from Telegram User @Jmagsss
I saw in front of your website one feature of ArtWallet is Smart & Secure Storage for Digital Art, Real Estate, Collectible, and other areas of NFTs. I was intrigued by the fact that ArtWallet could be used for storing minted real estate assets. We all know that real estate investments are much more complicated compared to other assets for it requires several paperwork and authentications. Does ArtWallet cater verification mechanism for this kind of asset? Do you support the authentication and copyrights features in your app, not only for real estate but also for other areas of NFTs?
J Dietz:
Oh wow, that’s a great question.
One I’ve been thinking about for years TBH
Partially because it has all kinds of complicated cross-jurisdictional issues.
Paul Mont | Satoshi Club:
That’s cos we have some great community members here at Satoshi Club
J Dietz:
Haha, the best!
I will have to hang out here more often.
What I can say is basically we are starting the process to setup joint ventures with some key partners that can handle some of those more sticky legal issues so that we can handle some of the high value more complex transactions.
I’ve been working on this literally 5 years or more and a lot of these processes take a looooooong time to solve.
And i don’t want to put anything part of our core product that has an indefinite time frame.
Also, each asset class has a bit of its own legal issues when it comes to tax, rights management, and other paperwork.
So we want to stick to things we can get out the door quickly for the moment and then move into the others when we are ready.
Paul Mont | Satoshi Club:
That’s clearly understandable. Especially in a field like Real Estate where laws are clearly more complex (probably a jungle, considering the various country jurisdictions).
J Dietz:
But I believe in our team that they can deliver the hardware and secure storage necessary to deal with very high-value financial assets.
Yeah i mean i can share a fractional share of a car in China with one in Dubai.
Atomic car swap.
Except i can’t really because wow the amount of paper both of us would need to sign.
But in virtual worlds, this is easier let’s do that first.
Luis Merino
| Satoshi Club:
Btw, how big is your team? Who is on the team core?
Do you work remotely?
J Dietz:
Most of our team is in Ukraine but we are setting up a physical art display space in Dubai as well.
We are about 25 all together between devs and marketing but hiring pretty rapidly so I expect that number to increase substantially.
Core team is me Stan Nazar.
Stan is the CTO and he is managing most of the ongoing operations.
And Nazar is the guy I mentioned who kickstarted the whole thing by saying “let’s build it”.
He leads marketing and is an old friend of Stan.
Luis Merino
| Satoshi Club:
Not a small one
Paul Mont | Satoshi Club:
Another praise for being public. I always say it’s not a thing to take for granted in the crypto space, but in the case of ArtWallet it is also a plus, given the pedigree of the professionals involved
J Dietz:
Its always a risk you know because something could go terribly wrong.
I’ve been threatened so many times by so many hooligans around the crypto space its a bit crazy.
All kinds of threats or stupid fake troll accounts,etc.
But after a while you just kind of get used to it.
Paul Mont | Satoshi Club:
It is, hopefully, you and your team you will receive more praises than awful stuff by doing the amazing stuff you’re trying to bring to the world
J Dietz:
I love the metaverse what can I say.
And you can’t get there without building the highway to the heart of the sun.
Luis Merino
| Satoshi Club:
Such a big and great team to trust in
Paul Mont | Satoshi Club:
The next question is waiting for your answer @idietz
Luis Merino
| Satoshi Club:
So @idietz are you ready to jump into the next question?
J Dietz:
But of course.
Luis Merino
| Satoshi Club:
J Dietz:
Does it involve pizza?
Luis Merino
| Satoshi Club:
We can order a pizza if you want
J Dietz:
Yeah, keto pizza, please.
Paul Mont | Satoshi Club:
Not yet haha
J Dietz:
If you ever try to hack me include the world pizza, all my passwords include the word pizza since it always seems to be on my mind.
j/k please don’t hack me please.
Luis Merino
| Satoshi Club:
Paul Mont | Satoshi Club:
Hahaha
Luis Merino
| Satoshi Club:
Paul Mont | Satoshi Club:
It’s often in my mind as well
But I’m sorry to disappoint you, the next question is about the Rental feature?—?of which you’ve already given us a small preview
Q4 from Telegram User @nadee5
ArtWallet, is an innovative new protocol that enables users to buy, store, and own exclusive NFT content from around the world. An interesting feature I found in ArtWallet is,
It supports NFT CONTENT RENTAL, introducing a new primitive in the market and giving users the convenience of only paying for the time they use the material itself.
We are interested to know more details about NFT content rental? How does this work? How does this facilitate the borrower and the owner? what are the requirements to rent an NFT ? Can users lend multiple NFTs? How will it manage, If there is any Fraud case such as the NFT is not returned and the duration has passed?
J Dietz:
Ok
Well it doesn’t work yet.
Just to be clear.
Luis Merino
| Satoshi Club:
You are so hungry… You have eaten the fourth question
J Dietz:
I think earliest we are looking at doing this is q1.
Paul Mont | Satoshi Club:
Ouppps sorry
That will be next, thanks mate
J Dietz:
I have a simple model in my mind.
Luis Merino
| Satoshi Club:
Haha, no prob
J Dietz:
Basically, you buy the NFT, you say you are willing to rent it.
Then the app determines a market equilibrium rate for the rental streaming for that content item.
Based on demand and the market price of the item.
I don’t have this formula yet but am working on it and would welcome help from some economists because I think there is some nice math here.
And basically, the consumer can decide to pay or not.
But it is payable only in 1ART tokens.
So they would have to apple pay buy some 1art in order to listen to the item.
Kind of similar to how amazon prime does things.
Might be easiest to imagine with a video since that’s what people are used to renting the most these days.
I pay $2 to watch videos pretty often, usually is one click.
If i’m the person watching i just need to decide iw ant to watch or listen to the item.
Paul Mont | Satoshi Club:
So we get the $1ART token will be the flagship token of the platform. Which other utilities will it serve? And if you have a full, detailed tokenomics paper, this is a great moment to share it
J Dietz:
https://medium.com/art-wallet/artwallet-token-utility-and-token-sale-details-17c01a4acee6
I think I shared this before.
But this has most of the details.
Paul Mont | Satoshi Club:
Yes, you did, but I thought that given the question it would be convenient to re-include it
J Dietz:
At its core, the 1art is a membership voucher that gives you use of the wallet and other functions of our network.
Luis Merino
| Satoshi Club:
Yeah, but not a bad reminder.
J Dietz:
?ol I’m not criticizing you.
Just asking for pizza.
We expect to give some cool early access deals to 1art too.
Luis Merino
| Satoshi Club:
Haha don’t worry.
J Dietz:
For new types of metaverse art.
Luis Merino
| Satoshi Club:
Pepperonni?
Paul Mont | Satoshi Club:
Hahaha you’re kinda making me hungry by reminding me about pizza
J Dietz:
Yeah.
Pepperonni for sure.
Luis Merino
| Satoshi Club:
J Dietz:
One of the things I expect to emerge inside artwallet.
And the metaverse overall.
Is marketplaces for asset types that didn’t have marketplaces before.
Like the long tail of assets.
So scents, tastes, beats, etc.
Like imagine a global marketplace for micro scenes.
Where you can evaluate all the cool new smells.
I know a few scent designers.
Don’t know if he made any pizza ones but he defiintely made a popcorn one that is used in many movie cinemas.
Makes you want to eat popcorn while you are tehre.
We are just tip toing into what is possible with the metaverse is what I’m saying.
Paul Mont | Satoshi Club:
Amazing
J Dietz:
So anyways i will sell or maybe even *gift you a future on a pizza scent.
And you can be in the genesis block of our scent futures market.
Paul Mont | Satoshi Club:
This is definitely one to see, but after smelling the pizza scent a real pizza is needed at hand
Luis Merino
| Satoshi Club:
Paul Mont | Satoshi Club:
Thanks a lot for the answer @idietz!
Paul Mont | Satoshi Club:
Ready for the next question?
J Dietz:
We can have an opening party for the ultimate metaverse pizza shop on the edge of the known universe.
Luis Merino
| Satoshi Club:
Remember, Q4 now @PaoloMonte87
Paul Mont | Satoshi Club:
Here it is
Luis Merino
| Satoshi Club:
Sounds incredible…
Q5 from Telegram User @Emnking
In an NFT marketplace, users can store, display, trade and mint NFTs. I noticed that ArtWallet has more features to the standard NFT marketplace, where ArtWallet can act as a gateway to unify all marketplaces. And the simple utility of ArtWallet wherewith the ART token(1ART), Users can drop contents to any NFT marketplace. How will ArtWallet provide privacy for users who don’t want their contents to be displayed everywhere? And also, how can NFT artists earn from ArtWallet?
J Dietz:
okay here’s an exclusive
But you have to promise not to repeat it okay?
Paul Mont | Satoshi Club:
Haha, fingers crossed
J Dietz:
So anyways I’ve been saying that we aren’t making a marketplace.
And we aren’t going to compete with existing marketplaces.
But its only partially true and its mainly because i find the other .marketplaces pretty boring
Luis Merino
| Satoshi Club:
We promise…
J Dietz:
They are all flat screens with 3d squares.
And you look at them for 10 seconds and think i must have something better to do.
Then buy a little square.
Well that’s me anyways.
I did buy a bunch of squres but mainly ones that had some generative elemrtn or embedded music or something.
So tin that sense basically we are definitely building towards the ultimate solution for the metaverse.
But we are starting the opposite direction as most marketplaces.
We are doing the storage and high utilty for the artsits first.
Worry about the marketplace dynamics last, which is in some ways the easy stuff IMO.
“How will ArtWallet provide privacy for users who don’t want their contents to be displayed everywhere?”
I think basiclaly you have that ability natively through the webap that you can set the restrictions for an individual art piece.
Who gets to see it.
Its not public by default for the whole world to consume.
We are like an NFT layer 2 solution almost you might say.
“And also, how can NFT artists earn from ArtWallet?”
Basically same way as any other platform with the added benfit of excluaisve content.
Back to something like only fans, people pay obviously to see photos that you can’t put on instagram.
If you are smart and you have a miljlion fans on instagram that want to see more content.
You dont’ give it to them for free.
Paul Mont | Satoshi Club:
Exhaustive answer, thank you very much @idietz
We’re heading now towards the last question for this very first part of the AMA, before getting into the LIVE part of the session
Q6 from Telegram User @DK177
I noticed that there are many opportunities to buy $1ART before the public sale. However, the private rounds seem to be limited for influencers, strategic partners and long-term investors. Therefore, I am interested to know more details on the HAI Round. Do you open this round soon after the private rounds? What is the eligible criteria to buy tokens from this round? Can we buy $1ART from the HAI Round for a cheaper price than the public sale token value? Do we have to apply in advance to participate in this round? If yes, what is the application procedure?
Luis Merino
| Satoshi Club:
As all of them
Paul Mont | Satoshi Club:
Right on
J Dietz:
I am talking to our token team to get the question about the HAI round answered
https://hackenclub.medium.com/artwallet-hai-round-is-starting-on-aug-31-2021-8b239ab90f5b
this appears to have answers to all the questions
Luis Merino
| Satoshi Club:
SatoshiClubbers, go and check it.
Paul Mont | Satoshi Club:
It does, thank you very much
Thank you very much for the clear answers @idietz! You’ve been superb so far!
Part 2?—?live questions from the Telegram community
Q1 from Telegram user @vedamatrix
Hello, @idietz
I read somewhere that you were one of the person who started METAMASK project is that true?
J Dietz:
Ok this is an easy one.
Yeah basically I started metamask but I did the least amount of work on any of the team that we got working on it.
So I would hestiate to call myself a founder.
But I did pitch the idea to Vitalik and Gav Wood and write the first proposals for funding.
www.historyofmetamask.com has more info if you want to read.
We were actually rejected from YCombinator.
Because they said they didn’t understand why people would want to use smart contracts.
And I didn’t know any VCs really because I was just an artist who was working on ethereum.
And not that many VCs came to our ethereum meetup in 2014.
So basically I failed to get it any funding.
And then Consensys offered the devs some money and make it their project.
In some ways all good I’m glad it is successful.
But they really should credit me sometime for starting the whole thing since otherwise I think it is quite rude.
Q2 from Telegram user @leixagarcia
You talk about new partnerships and cooperation agreements as key plans for the future, could you tell us about your current partnerships? What does Art Wallet look for in a partner? What projects or organizations do you already have a relationship with?
J Dietz:
Yeah tons of folks we’ve been talking to.
We are hiring someone this week can give you the job descpriton.
Meta Business Developer .
Role for a Metaverse business developer to start as soon as 9/9/21. Initial part time trial of 4–6 weeks with option to transition to full-time after.
You will be responsible for community engagement and understanding the technological needs of the extended Metaverse community builders and reporting them back to the Artwallet product team.
Your first task will be to document all of the features necessary and desired by the core existing metaverses creators that could be implemented in a wallet.
Your role:
[1] Actively participating in Metaverse platforms (building, gathering data, etc.)
[2] Engaging with the artists and creators inside these platform
[3] Tracking the technologies used and the needs of these creators
[4] Play testing the Artwallet features to make sure they are in line with creator needs.
5 traveling to fine art shows and galleries and walking fine art collectors through what is happening in the metaverse.
Please respond with:
[1] A cover letter detailing your current involvement in the Metaverse
[2] A CV in a standard or non-standard format.
[3] Salary requirements
[4] Current location and ability to travel/relocate
ArtWallet (artwallet.co (http://artwallet.co/)) is the first Metaverse-focused wallet and also the only wallet for artists by artists.
But basically we are having people spend time in every metaverse and every NFT platform.
To see what the experience is like for people who create content for that platform.
And what their ideal wallet solution wuld be like.
So we can prioritize the features downstream.
In the past week i’ve personally been in conversations with many of the top NFT marketplaces, hardware providers, and storage providers.
And basically what we look for is a good synergy of our product offering with theirs.
But since we are looking primarily at the wallet layer and some hardware integrations that can happen in it seemlessly.
This is a service right now that there isn’t a lot of competition for so we look to lock it down across the board.
Pretty much every NFT marketplace I’ve talked to is eager to use our service.
And lots of crowdfunding sites as well.
Announcements will come in our channel as they are officially made.
https://t.me/art_wallet
Main reason I’m hiring someone this week is because I can’t keep up with the demand.
Q3 from Telegram user @slla1112
Current NFT marketplace platforms have no or no solutions for insurance, guaranteed storage, copyrights. Does ArtWallet have solutions to these critical issues? Will an artist have these on ArtWallet?
J Dietz:
So yeah this is related to the partnerships
once we looked at all the things that need to be built to handle all of the use cases
we realized we can’t do it all alone
so the partnerships and joint ventues are very important to us
we have a number of joint ventures currnetly being formed that are related to these types of ventures
insurance i think is a critical component for big ticket items
but also requires some important infrastructure choices
which are a bit challenging to guarantee on top of today’s marketplaces
so we are excited to be developing at the infrastrcutural laywer
also this may be unusual in this space
but i love all the legal stuff, I find it fascinating
so working with laywers to solve all the digital rights stuff, etc. will be a dream come true for me.
Q4 from Telegram user @Paponstgh
Is your project a global project or local project? Can anybody anywhere use Your project without any restrictions?
J Dietz:
It’s a global project but some asset classes may have restrictions built in
As we talked about before with real estate some things are more challenging to pull off
and we have been restricting the US for tokens because we know that there are extra regulations there.
Q5 from Telegram user @cleotilde1
You mentioned that “Specifically, album owners can rent them through 1ART and the same principle exists not only for sound, but also for digital art pieces and for hanging in galleries or other physical spaces.” To participate in Is this necessary that the content elements must be always locked in the original NFT?
J Dietz:
Good question, and it really depends on what you mean by “original NFT”.
You probably know that most NFTs are on etheruem and ethereum only natively basically provides you the ability to register an address
so that’s like the “id”
then you can provide a link
that is supposed to be to a file
but the file may or not be at that link
that’s basically all that current NFT platforms give you
so if you want to do something in a more secure durable way, esp. for high ticket items or streaming or VR
you need to rethink a bit from the bottom up
and again partners are important for this
but we are really big hardware geeks I can say
and so when I was talking about the joint ventures we have underway some of them are hardware related
and the more capability we have there the easier it is to deliver all of the different layers that make for a unified metaverse experience
can’t say that much more without getting into technical details
but if you are really curious send us an email and maybe we can always hire you since there is lots fo work to do on the device display/ secure storage side.
Q6 from Telegram user @Robotliker1
You have an ambassador programme for influencer and artist but can non english speaker Apply for it or not?
J Dietz:
Yes, please, Just note what other languages you speak. Google translate works great these days. WE are passionate about building a global community.
Q7 from Telegram user @isabella_blackk
What are the benefits for investors and users to hold the $1ART token long-term? What are its real life uses? Do you have any encouraging practices?
J Dietz:
Sadly I’m afraid to say.
That you can’t use $1ART tokens as toliet paper
So you should always make sure you have your own toliet paper
But as a gateway to the metaverse it is teh ultimate ticket
And as i said it gives you access to the best projects, the software, and the abilty to do in network rental
Probably more things too but those are our core features
At least for teh next few months.
Q8 from Telegram user @adaatalay
What has Art Wallet accomplished in meeting the needs of the global crypto community and fostering mass adoption of NFT technologies? What are your plans for training and acquiring new crypto users/artists?
J Dietz:
I’m also a partner on a celebrity agency.
So we did the Mike Tyson drop recently, went very well
https://nfttyson.com/
And I think collectibles and fan memorabilia are definitely one way this is going mass market.
And the type of interactions needed to reach large fan bases
Ao stil la lot to do here.
Q9 from Telegram user @habibi_ve
I was visiting your website and I couldn’t find the Art Wallet roadmap, can you tell us what are your goals for this last quarter and what are you currently working on?
J Dietz:
Yes, our big priority are getting the full MVP product out by December.
And especially the hardware integrations I mentioned.
Q10 from Telegram user @Paponstgh
Will you agree with me that community is everything? How important is the community to you? and how can we collaborate or help you for the development of the project?
J Dietz:
Community is more than everything. Community is how we grow and thrive and build and live and soar.
And community isn’t just about people
Trees are our community
Cats are our comunity
And you are part of our community
Satoshi is our community
We are here because of satoshi
And the more we go into the depths of the matrix and the metaverse
The more we can unlock the keys that empower ourselves and others
So couldn’t be happier to be here today!
Part 3?—?Quiz Results
In the final part, we tested your knowledge in terms of Art Wallet. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
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