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Dagnum P.I. Profile picture
@Dagnum_PI
Apr 15 • 10 tweets • 3 min read Twitter logo Read on Twitter
🧵
So @truth wants to preserve creator royalties and continue to receive its chosen percentage of revenue from all secondary sales of its NFTs

Makes sense #Goblintown has seen over $101 million worth of trading volume to date per data

decrypt.co/126261/goblint…
The @EnterTheVoidNFT's Non-Fungible Gadget Protocol (NFGP) aims to revolutionize the way developers are rewarded for their contributions to open-source development in the Web3 space. Image
By addressing the uneven value exchange and lack of transparency that has plagued traditional incentive models, The Void is pioneering a developer-centric gig economy that ensures fair compensation for developers.
Pay-per-use and royalties: Developers who create new data-types for the open-source library will be paid in $ETV every time their custom data-type is used to create an NFT. This includes pay-per-use and custom royalties, ensuring developers receive ongoing compensation Image
Stack/language agnostic: NFGP's stack and language agnostic approach makes it accessible to the global developer community, removing barriers associated with specific programming languages (e.g., Ethereum's Solidity or Solana's Rust). Image
Encouraging innovation: By incentivizing developers to create new data-types, NFGP fosters innovation and growth in the smart-NFT application space.
This not only rewards developers for their initial work but also creates a sustainable income stream as their creations continue to be used.
Enhanced security: The audited data-types in the NFGP ecosystem help reduce scams and malicious code, ensuring that users can interact with NFT applications with confidence in their safety and security.
By combining a new developer incentive model, stack/language agnostic approach, and the ability to validate processed logic and data inside dynamic smart-NFT applications, The Void aims to create an entirely new NFT market powered by $ETV. Image
This new market will provide true purpose, functionality, and utility to NFTs, empowering developers and users alike to explore the untapped potential of the Web3 space. Image

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More from @Dagnum_PI

Dagnum P.I. Profile picture
Apr 16
#MetaData 🧵
Purchasing @DorTechnologies DoR Traffic Miner (DTM) and monetizing the collected metadata can be an attractive opportunity for retail investors due to several reasons: Image
Passive Income: A DTM can provide retail investors with a steady stream of passive income by collecting and selling valuable location metadata to interested parties.
Demand for Location Data: With the increasing adoption of location-based services and targeted advertising, there is a growing demand for accurate and reliable location metadata, making it a lucrative market.
Read 20 tweets
Dagnum P.I. Profile picture
Apr 16
As we get closer to #Metagraph release let's dive into this formula and break it down and what this means for $DAG and running a metagraph L0 (hybrid node) in the following areas

Price 💹
Staking 💸
Node hardware 💻 Image
Now, if the price of $DAG increases, users are likely to stake more $DAG in the network because the value of their holdings has increased. As a result, the stakedDAG component in the unitMultiplier calculation will also increase.
Since the unitMultiplier is the reciprocal of the sum of (stakedDAG * stakingWeight) and (proScore * proWeight), an increase in stakedDAG will result in a lower unitMultiplier.
Read 10 tweets
Dagnum P.I. Profile picture
Apr 16
$DAG 🧵
@Conste11ation & #Metagraphs: Modular Blockchain for Massive Adoption

1/10
Constellation is a scalable, interoperable blockchain based on #DAG & metagraphs, designed for efficient #data processing, adapting to diverse industries & applications.
2/10 #Modularity:
@Conste11ation's modular design enables custom components like consensus algorithms, cryptographic schemes & data structures, catering to specific requirements.
3/10 #Metagraphs:
Metagraphs extend traditional smart contract functionality, providing flexibility & adaptability for complex data structures & various use cases.
Read 11 tweets
Dagnum P.I. Profile picture
Apr 14
🧵 Topological what?
@Conste11ation $DAG is a giant microservices architecture for storing topological data because it is designed...
#OpenSource #bigdata #crypto #Programming #cybersecurity #devops #IoT #DataScience #WebDevelopment #AI #web3
as a decentralized and scalable network that can handle complex data streams and process them efficiently. It does this by leveraging several key concepts and technologies, such as Hylochain consensus, dynamic partitioning, and map-reduce functions.
In a microservices architecture, applications are broken down into smaller, modular components (called microservices) that can be developed, deployed, and scaled independently of each other.
Read 11 tweets
Dagnum P.I. Profile picture
Apr 13
From a technical standpoint, @Conste11ation offers developers unique benefits not found in other networks:
🪜Scalability
🌐Metagraphs
🔁Interoperability
👨‍💻Java Scala
💱Generative Economics
🔐Security
#OpenSource #bigdata #Programming #devops #IoT #DataScience Image
Scalability: @Conste11ation's DAG-based architecture provides unlimited horizontal scalability, with no congestion or high fees, allowing projects to grow without limitations.
Metagraphs: Advanced Layer-0 state channels enable complex data structures and logic, without the constraints of traditional smart contracts. Metagraphs can act as off-chain data oracles and are compatible with external systems and programming languages.
Read 8 tweets
Dagnum P.I. Profile picture
Apr 13
Why developer's should seriously look into building a metagraph:

@Conste11ation $DAG choice to use Java Scala as its programming language offers several advantages.
The language's simplicity allows for easy integration into existing infrastructure and systems, and with over 8 million Java developers worldwide, it provides access to a large pool of talent.
Scala is statically typed, combining object-oriented and functional programming in a concise, high-level language.
Read 5 tweets

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