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…

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1) Protocol Engineering

• 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:

1. Users that received the NFTs indicated as eligible can first check them on their OmniFlix.market accounts

2. 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.

3. 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

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2) Application Engineering

a) OmniFlix Market - NFT listings in USD values

Buy with your fav. IBC token, but view NFT listings in USD values

• This past week, the UI and middleware/indexer teams launched the feature to view NFT listings (fixed-price & auctions) on OmniFlix.Market in USD (powered by CoinGecko, refreshing every 5min).

• 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

b) OmniFlix Studio - Updates to Bulk Minting

• 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

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3) Governance

3.1) OmniFlix Hub Governance - FLIX Proposal #11 Updates

• 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

  • Keplr (Web & Mobile on iOS and Android)

  • Cosmostation (Mobile on iOS and Android)

  • Leap Wallet (on iOS and Android)

  • OmniFlix inSync (on the web using Keplr & Cosmostation extensions)

3.2) Governance participation by OmniFlix Network Validator

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.

3a) Osmosis

• Voted Yes - 510 & 511

3b) Comdex

• Voted Yes - 147, 148

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4) Ecosystem Updates

4.1) Foundation Delegations

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:

Tranche 1 (May 2023)

1. Genesis validators

2. Non-genesis validators

3. Validators joined after April 19th, 2023: Delegation based on value add.

Tranche 2 (May/June 2023 - Technical Delegation Grants)

1. 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.

2. Delegations awarded are based on contribution. An awesome repository will be created on the OmniFlix GitHub organization for contributors to post/publish their contributions.

3. This will help the community understand the nature of contribution by the node host and increase transparency around the grants process.

Tranche 3 (June 2023 - Non-technical Delegation Grants)

1. 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.

2. 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.

Highlights of the program

• 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.

4.2) Liquidity & Liquidity Incentives added

• 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.

4.3) CoinGecko Listing

$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.

4.4) Stakely announces Multicoin Faucet for OmniFlix dApps users

• 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.

  • Whether you have staked maximum tokens or have your eyes on an epic NFT, you can utilize of Stakely’s Multicoin Faucet for gas, ensuring you won't run out of $FLIX for gas transactions.

• URL to Stakely’s Multicoin Faucet

  • Mainnet Faucet URL

  • Testnet Faucet URL

4.5) Interview with Cryptocito about Cosmos NFTs, Game of NFTs & Replicated Security

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:

4.5) Panel discussing the interoperability & more in the web3 space

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.

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5) Collections on OmniFlix.Market

👇 are the collections that are most recently launched on OmniFlix Market

a) 3D Blue Charmkins

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:

b) Pawsitive Vibes Only

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:

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Be a part of the Flix Fam

Join us to help creators and their communities do more with their NFTs on #OmniFlix 💪

App URLs

• 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

Social URLs

• 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

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