In our latest roundup, we're excited to share some fresh updates about the ongoing developments at OmniFlix.
So, without further ado, here are the highlights…
The past week, the focus was on StreamPay, a key module in the execution of the FlixDrop
This module is independent of the interact-to-claim (ITC) module and facilitates the time-based transfer of tokens from one account to the other. This can be referred to as streaming payments and hence the name of the module, StreamPay
Tokens received from the payment stream
should be claimed
by the receiver to access them as liquid tokens for staking, LPing or even collecting NFTs on OmniFlix.market
Future use cases involve integration with streaming platforms where video or audio content that is streamed utilizes StreamPay to access content (pay-per-second) or to support creators/communities with payment-streams
Check out the StreamPay repository here.
Quick overview of how the FlixDrop works:
Users that received the NFTs indicated as eligible can first check them on their OmniFlix.market accounts
For the claim user to claim the FLIX tokens, these NFTs will have to be burnt as a part of the campaign launched via the interact-to-claim (ITC) module.
Once claimed, tokens are streamed instead of being dropped instantly. This means that, depending on when the claim was initiated, tokens are streamed block by block.
NOTE: Do not burn your NFTs to claim FLIX right now, as the claim process will be released on testnet first for eligible holders to test the claim process and then get deployed to mainnet via get released on mainnet.
For more protocol updates, follow OmniFlix on GitHub - https://github.com/OmniFlix
Buy with your fav. IBC token, but view NFT listings in USD values
No price-feed oracle is being used as all values are presented only at a UI layer and CoinGecko prices are an indication of the price aggregated across exchanges.
Now users will be able to check explore NFT listings in USD values.
Going forward, USD values will be incorporated to filter, sort, etc. in USD values, all with just a single click.
URL to OmniFlix Market
If you have any specific thoughts as a creator, collector or a community member, please share your thoughts on the Discord, Telegram or by even tagging the account or tweeting with the hashtag #FlixFeedback
on Twitter
After last week’s deployment of Bulk Minting within OmniFlix Studio, another feature was pushed to deployment where a single creator account could mint editions of the same NFT to another account.
This feature is a game-changer for NFT Drops. It boosts authenticity of origin by enabling creators to mint NFTs from their accounts, and directly send them to various other accounts for upcoming drops.
Upload your asset, create your collection & try Bulk Minting NFTs on OmniFlix Studio
Proposal #11 is now in the final phase of the voting period with under 24hrs remaining.
The proposal puts forward the proposition to reduce Collection Creation Fee from the current 100 FLIX
to 25 FLIX
.
If you are staking FLIX, vote with your wallet and voice your opinion.
Proposal URL can be viewed on Mintscan and can be voted using
Below are governance proposals that were voted on by the OmniFlix Network validator as a part of the operations while validating the below chains/networks.
The aim of the program is to recognize and reward contributions of the various node hosts powering the OmniFlix Hub. Below is the plan for this batch of delegations:
Genesis validators
Non-genesis validators
Validators joined after April 19th, 2023: Delegation based on value add.
Grants in this tranche are primarily for technical contributors i.e. for node hosts that run Relayers, run testnet nodes, run full node hosts, host snapshot services, faucets, apps, tools, dashboards, etc.
Delegations awarded are based on contribution. An awesome
repository will be created on the OmniFlix GitHub organization for contributors to post/publish their contributions.
This will help the community understand the nature of contribution by the node host and increase transparency around the grants process.
Non-technical contributors are the teams/individuals that utilized the OmniFlix infrastructure or have contributed in ways other than writing code or building/deploying an app.
This includes use of NFTs, community involvement via chat, governance participation, organizing IRL events for the OmniFlix Network, representation at various conferences, participation in Twitter Spaces & more.
Total Budget for this batch is ~30M FLIX across the 3 tranches put together
Fair distribution of delegations across different tranches based on involvement pre & post token launch.
Recognition for early supporters (Genesis validators) and new contributors.
Delegations will be reviewed quarterly to verify and update the community around the status of contributions and/or maintenance.
The Foundation believes that this is an inclusive approach being employed to ensure non-technical contributors are also acknowledged.
The program demonstrates OmniFlix’s commitment to building a thriving and collaborative ecosystem.
In future, the decision around delegations will be moved to a subDAO that can manage related operations.
For exact details and any additional information, please do not hesitate to let us know in the mainnet-validator
Discord Channel.
If you are not already in, please join the OmniFlix Discord Server and tag any of the FlixCrew
or Community subDAO
roles in the #general channel requesting for the role.
The FLIX/OSMO Pool and the FLIX/ATOM Pools have been topped up with liquidity that’s currently considered as POL (protocol owned liquidity)
Both pools at the time of writing have a liquidity of >$300K
Pool #992 FLIX/OSMO ($336K+ USD)
Pool #1019 ATOM/FLIX ($362K+ USD)
Liquidity Incentives in FLIX have been added to Pool #992 (FLIX/OSMO) for 100 epochs with the first epoch already completed.
$FLIX is now live on CoinGecko, signaling a huge leap forward for our community. This is more than just a listing - it's an open invitation to be part of our growing ecosystem.
Check out the listing: https://coingecko.com/en/coins/omniflix-network.
We are excited by the launch of Stakely's Multicoin Faucet, designed to enhance the OmniFlix dApp experience.
Tools like Stakely’s Multicoin Faucet for OmniFlix & the Cosmos ecosystem not only make it easy for onboarding users into the OmniFlix ecosystem but also for the wider Cosmos ecosystem. All the best to the team for continued development & maintenance.
URL to Stakely’s Multicoin Faucet
Mainnet Faucet URL
Testnet Faucet URL
In an insightful Cryptocito panel discussion, veteran from the Cosmos Ecosystem - Sistla from OmniFlix Network, Mike from Stargaze, and Jehan from Informal Systems, delved into the promising landscape of NFTs.
Notably, Sistla talked about OmniFlix's active role in the Game of NFTs hackathon and the work towards the adoption of ICS-721 standard. He further highlighted the innovative use of the Fee Grant Module and the concerted efforts of OmniFlix to address Media IP challenges.
Significantly, these advancements are paving the way for novel applications, such as licensing, underscoring OmniFlix's forward-thinking trajectory in the Cosmos arena.
You can check out the entire conversation here:
This week’s OmniFlix contributor Daya represented OmniFlix and the wider Cosmos ecosystem during a panel discussion around interoperability.
In the session moderated by the Hyderabad DAO, he talked about:
Introduction to interoperability
What is missing in the space right now when it comes to interoperability?
Discussed about various models
Discussed about UX
Discussed about native-interoperability and bridge-based interoperability
Is interoperability even required?
Use cases of interoperability in DeFi and non-DeFi contexts
The session was held at T-Hub, organized by Blockchained India in association with Hyderabad DAO.
👇 are the collections that are most recently launched on OmniFlix Market
New and unique adorable characters like 3D Puppy, Kitties and Wolves have been added to this collection in the past week. Check out this collection and explore some amazing 3D AI art.
Check out the collection on OmniFlix.Market:
This collaborative collection between RILnftart & Mighty Oak brings you an enchanting array of feline personalities. From the loving Love Cat to the rebellious Bad Cat, the majestic Royal Cat to the energetic Sporty Cat - there's a captivating companion for everyone.
Check out the collection on OmniFlix.Market:
Join us to help creators and their communities do more with their NFTs on #OmniFlix 💪
OmniFlix Studio to create collections & mint NFTs - https://app.OmniFlix.studio
OmniFlix Market to list & collect NFTs using various IBC tokens like ATOM, OSMO, JUNO, HUAHUA & AKT - https://OmniFlix.market
OmniFlix TV for distribution of content using VOD and interactive videos - https://alpha.OmniFlix.tv
OmniFlix inSync for staking & more - https://flix.OmniFlix.co
Telegram - https://t.me/OmniFlixNetwork
Discord - https://discord.com/invite/6gdQ4yZSTC
Twitter - https://twitter.com/OmniFlixNetwork
Reddit - https://www.reddit.com/r/OmniFlix/
Medium (for blog posts until June 2022) - https://medium.com/@OmniFlix
Current Blog (Mirror which is a web3 publishing platform) - https://mirror.xyz/OmniFlixNetwork.eth
FlixFanatics Blog (an OmniFlix subDAO) - https://mirror.xyz/FlixFanatics.eth
All URLs - https://linktr.ee/OmniFlix
If you are either a creator or a DAO/dApp/network and are looking to develop your community and use NFTs in creative ways? Fill the form to get in touch with us.