On January 30, 2024, our team from TiTiTi NFT Research Labs was featured on the ERC6551 official spotlight podcast, engaging in a conversation with ERC6551 co-founder Benny. On February 3, 2024, Benny shared our podcast episode in the ERC6551 ecosystem community, briefly introducing us as a team from both China and the San Francisco Bay Area, working on some exciting projects involving TBA. We compiled the dialogue content of the podcast in both Chinese and English, along with some additional information we provided, to share with everyone, allowing for further understanding of our initiatives.

You can watch the podcast episode here.

The participants in the podcast from TiTiTi were:

Damon, Founder.

Freya, Co-founder.

David, AI Advisor.

Irene, BD, also served as a translator during the podcast interview process.

In preparation for this podcast, our founder Damon had already communicated with Irene about many aspects of TiTiTi's ecosystem planning, product layout, insights into the ERC6551 ecosystem, and the future development of Web3 NFT applications. This was to ensure that if there were any gaps in translation during the podcast, Irene could supplement Damon's remarks accordingly.

The following is the complete conversation

Benny: Hey everybody this is Benny here and we have another amazing episode of the token bound community spotlight today. We are highlighting an amazing team coming from China and Asia and also New Zealand. The team is called TiTiTi, so love to hear a little bit more about yourself, maybe we could start off with Freya and then Damon and then David, Irene, a little introduction of yourself and your background.

Freya: Hey Benny, thanks so much for having us here. Hi everyone, I'm Freya, the co-founder of TiTiTi. I've been with TiTiTi for a year and a half, handling all things related to product operations, market, and partnerships. I've been in the web3 industry for almost 3 yrs. Before that, in the web2 era, I worked in the internet film industry, focusing on film marketing and collaborative marketing between films and brands. I helped promote films in the Chinese market. I stumbled into the Web3 industry in mid-2021, joining a metaverse game project as the marketing lead. It was during the peak of NFT. It was also around this time that I met Damon, David and Irene.

Benny: Awesome, well thank you for jumping on the call Freya. Amazing background. Damon, would you like to do an intro?

Damon: Hi Benny, thanks for having us here. My name is Damon, I'm the founder of TiTiTi NFT Research Labs. My English is not very well, so for the next I will talk with you in Chinese and my colleague Irene will help me with the translation.

I will start my journey now in the Chinese introduction. In the Web2 era, I worked in the film and television industry. It was around late 2019 when I first got involved with cryptocurrencies, and that year marked my first purchase of ETH. Later on, I ventured into DeFi mining with some friends. It was in late 2020 when I officially entered the crypto industry. My initial role was in a decentralized oracle project, where I worked on product operations. Subsequently, I co-founded a blockchain forum with some friends. After that, following the NFT boom, I joined a metaverse game project as a product manager, responsible for overall product planning and designing the tokenomics. This journey continued until the latter part of 2022 when I began working on the TiTiTi project, which I'm still involved in today. The name TiTiTi originates from the project's three co-founders. 'TiTiTi' stands for the initial letters of 'Two to Three' and 'Three to Two,' representing the transition from Web2 to Web3 and back. The letter 'i' in the name was designed to resemble a small figure, and since there were three co-founders, it all came together as TiTiTi. Later on, we released two products. During the creation of derivative products, we encountered ERC-6551, which led us to delve deeper into 6551-related endeavors and expansions. That's a brief summary of my personal journey.

Benny: Oh, I get it, yeah Web2, Web3. I thought it was the number "two""two""three" and I was like okay. Yeah amazing, that's incredible! Thanks Damon, I have so many questions about your acting career and your performance. We might even go down there a little bit, but that's incredible I think you guys are really creative with the name I mean David that you come from Silicon Valley I mean I'm sure like in all forms of naming convention for a startup I never seen such a creative way of doing it right? So that's really cool. Awesome!

David: That's a very interesting name.

Benny: So David how about you do a quick introduction about yourself.

David: Yeah sure! I started working on machine learning, computer vision and training neur networks for hand gesture and for AR, VR applications. So after that, I kind of started involving with Web3 since we build a Play Table product which is a giant tablet that allows several people to play desktop game together. From that we think potentially we can mint game pieces as the NFTs. And my most recent focus is the large language model and its application in blockchain. That's my serve as a AI consultant for this wonderful startup.

Benny: Awesome. Well welcome to the episode David and that's amazing I didn't know you were involved with Play Table. I've seen it in the early days and all that's awesome.

David: You did? Wow, that's a small world!

Benny: Yes, yeah 100%. Irene, would you like to do a quick intro?

Irene: Yeah sure I will make it very shortly. So hi Benny, hi everyone . My name is Irene. I'm in the BD team now. I just recently joined the team not long ago, so at the beginning of this year. So the way how I got into the web3 industry was back then 2021 because of my family issue I had to leave New Zealand and came back to Shanghai. That's how I got a phone call from the recruiter, he was asking oh you got a relevant working experience overseas and the marketing background, because back in New Zealand I was a saleswoman. So then he was like are interested in metaverse? I was like oh what is the metaverse? So that's basically how I got into this industry and that's how I met Freya, Damon. Now I'm like super crypto excited.

Benny: Wow incredible, that's amazing. I'm gonna dig deeper in the founding story here a little bit before we move into the product. So how did you guys Freya, Damon and maybe even David hwo did you guys all meet each other, when did you start this company and then when did you like were you friends before or you met online or you met an event? like to hear more about that.

Damon: We used to work together at a metaverse gaming company. At that time, I was responsible for the overall product planning and designing the tokenomics. We had great synergy in our work collaboration, so when I started my own project later on, I synchronized many of my ideas with everyone and gradually explored my own project.

Irene added after translation: David was our CTO back then, Freya was the marketing head and Damon was in the product team and he was in charge of on the product development, business model and all kind of that. That's how we met each other. And while working with each other Damon found a lot of interesting stuff about NFT and Damon also had his own ideas, he wanted to kick off his own project and that's how he founded TiTiTi.

Benny: Wow incredible. I think it's always amazing that you know people meet each other at work. I met a lot of my best friends and also team members at Dapper Labs that's where I came from. So really good, amazing to hear that. David, I have a question for you. So based on that you were the CTO of that company and that's where you kind of met Freya and Damon. I'd love to hear your perspective on GameFi in Asia or in China or just in general you know what was like the big learning from that period when you were the CTO of that company in general.

David: Well, it was a great experience. At that time we were kind of amazed how blockchain game just took off. It kind of took everybody by surprise. We didn't anticipate it's going to be such huge impact on blockchain world. Most of the people at that time I think they're more focused on exchange Defi in that aspect. But the gaming just took off that's wonderful.

Benny: Amazing, passing it back to Damon or Freya, what's your perspective on gamefi? Obviously, we've went through different evolutions from crypto kitties, breeding to axie infinity and then there's a new generation of gamefi projects as well sometimes they look more like Defi. Apps with characters inside of them. So love to hear what's your perspective of gamefi in the future what gets you excited? What gets you really looking forward to that opportunity?

Freya: Okay, for me I think for the future games, like nowadays we talk about more topics related to AI and NPCs. So I think for the future gamefi, gaming products will most use AI plus ERC6551 to make game enviroment more interesting and more composable for users. Like before all the gamfi products more like Defi, mining and selling, not playable. I think the next generation of gamefi is more playable and more fun. You can interact with NPCs, you can get tasks or rewards from NPC, and NPCs be able to communicate with each other. There's more surprises waiting for users to explore. That's what I think about next generation of web3 gamings.

Damon: I believe that the era of 'play to earn' has passed during the early days of GameFi mining. The pure mining model is less likely to generate enthusiasm in today's gaming community. In the future, there might be two main categories. One category continues the 'play to earn' model, but with more engaging and gamified tokenomics designs, introducing more elements of strategy and gameplay. The other category is called Web3 games, which shouldn't be categorized as GameFi. Web3 games tend to be larger in scale, focus more on gameplay, and reduce the 'pay-to-earn' aspect. Enhanced gameplay may come from combining blockchain with new technologies like AI, AR, VR, and others. Additionally, there's the concept of 'full-chain' games, and I believe ERC6551 is very suitable for integration with such full-chain games. This expandability can make full-chain games more transparent, allowing every attribute, item, weapon, token, and more to better integrate with the in-game characters. This is my perspective on the future of Web3 games.

Irene added after translation: All right. Damon just mentioned back to the Axie infinity back then . That was the peak period of the gamefi but he believed it's already the past. We all believe play to earn everyone was crazy about it and trying to earn things from the gamefi project. But he believe what was the most important thing about the gamefi is you have to havea very excellent business model to support the whole project itself. He also mentioned with the ERC6551, the brilliant stuff about is you can combine the games tools you earn from the game itself with your NFT itself and try to make it more compatible and user friendly. That's also how he believes that ERC6551 will bring the whole NFT industry into a brand new stage.

Benny: Incredible, that's awesome. Thanks for the insight. Before we jump into what TiTiTi is all about, one last question that I have for David. So, since you are the advisor on the AI side of LLMs and all of that, what's your perspective in all of this? Obviously there's a boom in the AI side with chatgpt and several other companies, how do you kind of see this connecting with the web3 side? Love to hear your thoughts.

David: Yes sure! Since large language model. As we know ChatGPT, it has a very strong capability understanding human language, the natural language, and it has reasoning capabilities that helps people. There are several things. First, it understands people's language the commands and it can turn that into action, which is essentially AI agent we are talking about, and the blockchain is such complicated based on complicated technology, it has a barrier for others to use it, to trade. So we're hoping to use LLM. People don't need to know much about blockchain, they can just use natural to command the AI agent to finish a particular task for it, such as conduct trading, doing research and predict the trend of a particular cryptocurrency, for example of course there could be many other applications which we are exploring, we are taking advantage of the capability of neural network model. So we believe combing blockchain and AI together is gonna bring the blockchain world to everyboday else.

Benny: Awesome, as you were explaining that David, I think some things that popped in my mind is like I never actually thought about it as a better onboarding experience because in the last several years I'm sure when Damon bought his first ETH it's not easy right? You have to create an account and sometimes you go to KYC, give identification. But maybe what we're imagining in this world of NPCs that a human may just kind of put in the commands in simple language and build purchase the assets right. That's really interesting, so this is a perfect segue into what is TiTiTi, love to hear more about what is the company behind or the project overview. I'll pass it over to you guys to explain what is TiTiTi.

Damon: Our project has been in development for a year and a half, and throughout the entire process, we have been adjusting our direction. We are the type of team that refines our work as we go along. Currently, our project's overall focus can be summarized as follows: TiTiTi is dedicated to being an NFT Research Lab within the ERC6551 ecosystem. Our entire team is deeply rooted in the ERC6551 ecosystem, researching and promoting the integration of ERC6551 with AI, gaming, creator economy, DeFi, RWA, and more. Our goal is to expand the usage and user base of ERC6551 and ultimately become a leader in the ERC6551 ecosystem. Currently, we have three products in the works:

1. VA Wallet: This is an ERC6551-based NFT smart contract wallet. Users can turn their NFTs into TBA and utilize TBA functionalities. This product is already online.

2. TX: This is a trading platform for TBA accounts and serves as a launchpad for the ERC6551 ecosystem. This project is currently under development.

3. Ti Station: This is an NFT IP re-creation platform based on ERC6551. The first version is already online, and the second version, integrating ERC6551 and AI, is also in development. This is the basic overview of TiTiTi.

Irene added after translation: At very beginning TiTiTi was focusing on creator economy and on the re-creation, but then we all know NFT went quiet for a bit, it's been really hard. So that's how Damon found the ERC6551 protocol and found it very interesting, so he adjusted the direction of the project. Now TiTiTi is actually an NFT Research Lab focused on the ERC6551 ecosystem. TiTiTi also is inspired to be the Uniset of the ERC6551 ecosystem, wanting to drive the protocol to widespread recognition and adoption, want to make the user base wildly, trying to attract more users to the protocol. That's why we reached out to you to the official team. I wanted to see how we can collaborate with each other.

Benny: Incredible! Wow 18 months and you've done so much already. From NFT wallet to the Ti Station, NFT IP re-creation, and TX platform. So with that in mind, I think there's a video of an NFT video. Freya do you want to go over the slide that you have or do you wanna show the video? I always say for the community visuals will always help a lot with in kind of understanding more about the project.

Freya: I think we can show this video later, because this NFT is included in our ERC6551 incentive program, so after introducing our incentive program we can play this video.

Benny: Sure, sounds good. Do you want to talk a little bit about the incentive program?

Freya: Yeah, I will share my screen to introduce our ERC6551 incentive program. Our 6551 incentive program’s first season has four phases. The first phase rewards accounts that have already deployed ERC-6551, with a retrospective point award. This phase supports Ethereum and Polygon. The second phase rewards new users who deploy their NFTs as TBAs, offering more lottery chances for deploying more NFTs. The third phase rewards users who interact with our contract using their TBA accounts. If they mint one of our free mint NFTs using their TBA account, they also get points and lottery chances. Both the second and third phases support Ethereum and Layer 2. The fourth phase allows users holding our TiTiTi NFT to participate in more incentive games. The point and lottery chances’ weightings are: Ethereum blue-chip NFTs > Ethereum NFTs > Layer 2 NFTs. Our Lottery Pool includes various points, discount cards for TiTiTi NFTs, and free mint cards. The most exciting part of our season-long event, apart from the point rewards, are the three hidden Easter egg NFT project lotteries. These projects are an ERC-6551 integrated AI NPC, a composable mini-game, and our comic universe project. We’ve integrated these project’s NFT discount and free mint cards into our first season’s incentive activities, greatly raising user anticipation. And as a teaser, one of our Easter egg projects is a composable mini-game, Users who own the NFT can play the game associated with it. BTW this project was developed by David. So we can share the video now.

Below is a schematic of the ERC 6551 Incentive Program in English:

Benny: Actually I had a few questions about the incentive program. I think it's really smart and genius that you're targeting existing NFTs. I think one of the most amazing things with TBAs is that they're linked to every NFT across EVM, I think it's really samrt that you guys are thinking about points. Because points have been around for a while, but over the last few months with rainbow points and several other projects even on foreign casters. It makes a lot of sense to kind of deploy a way to earn points and then kind of including them into your ecosystem. So I guess the question for you guys is when does this incentive program start? Do you have a timeline or has it already started?

Freya: We already published the announcement of this incentive program but it's not really start. We will start it in the middle of Feb., but right now we already started to promote this program and we also invited some NFT communities and NFT projects to join our guardian organization, because we set up an NFT Guardian organization, we invite NFT projects to join this organization to help us promote this incentive program to explore user base of ERC6551.

Benny: Amazing, do you see this a question for you guys is there a regional focus here or is it global focus? Is there a focus on the Chinese community to kind of learn about the standard and engage or are you targeting any project around the world?

Freya: That's global, for any NFT project, any users. I think every web3 user all have NFT, so our target users are them.

Benny: Got it, makes a lot of sense, perfect! Thanks for sharing that Freya, I could load up the video if you pause the screen share there. Yeah this video I had a chance to watch it beforehand and I was like wow this is really really cool. (Playing the video) Feel free to narrate on top if you want to explain.

（Playable NFTPlayable NFT Video Link：https://www.youtube.com/watch?v=LsTaxTw894k&t=90s）

Freya: So this is Playble NFT. But this version is not bound to ERC6551, it's a normal version. Users can buy this NFT and if the users own this NFT they can just click the NFT to play the inside game. They get scores and rewards from the mini game. These points and tokens are associated with this NFT, if I sell this NFT to you, then when you play this NFT game you can see the history of the score or the points I earned before. We are planning to integrate each NFT with ERC6551, turning them into Token Bound Accounts. The badges and tokens earned from our mini-games will be bound directly to these NFTs. Additionally, we’ll be incorporating the ERC-5169 protocol, embedding the game’s code within the NFT itself. This means users can directly access the game through the VA Wallet by just clicking on the NFT, without the need to navigate to any external websites. Yeah, that's our plan for this Playable NFT.

Benny: Very cool. David, you worked on this specific mini game, love to hear your thoughts.

David: Yeah, I worked on it. It's a straightforward kind of puzzle game, it's easy to play but it has kind of many levels and difficulty levels to channel. There's a time mode where you have to finish a mission in a certain time and also it's a mission mode where you go through different levels, accomplish each level then you earn scores, points and in the end those points can be used in a designed way. So it's a traditional NFT but I'm glad the team is going to turn that into 6551 NFT. We're gonna have fun with that. Let's see what's gonna happen, I'm expecting to see how it's gonna play out.

Benny: Yeah I like it because it's simple, it's something that most people can engage in. It's not like a extremely complicated game. Now in that demo in the Playable NFT the points that are earned is the idea is that those points are ERC20 and they're put inside of the TBA of the NFTs?

Freya: Yes, we are planning to do this, but for this version we just played, this video was recored in 2021 and the tokenomics designed by Damon. It was another tokenomics, business mode but we are now planning to change it to integrate each NFT with ERC6551. Bound all the points and badges to TBA.

Benny: Very cool. When does the mini game launch?

Freya: We haven't launched it yet.

Benny: Okay so it's still TBD on the launch date for the mini game, got it. That's incredible and as we kind of nearing the time, any other thoughts you'd like to share about TiTiTi and the work that you're doing? I think it's super fascinating to be in kind of an NFT experiment. Becasue I frankly I think that over the last 7 years of NFTs we've kind of reached a plateau or stagnation of innovation on deeper token and protocol level. So really amazing that I also think it's great timing that you guys are preparing to launch this upcoming wave. Anything else you'd like to add? Damon, Freya, Irene, David on the TiTiTi?

Damon: I believe that the ordinary narrative of NFTs, such as PFPs, is no longer sufficient to drive market demand. In the future, with the Ethereum Cancun upgrade and the approval of the ETF, the narrative surrounding Ethereum will continue to rise. The narrative of NFTs is, in fact, the narrative of the entire EVM ecosystem. I believe ERC6551 provides an excellent narrative point, and I see many AI and gaming projects integrating with 6551 to create new narrative points. So, TiTiTi aims to seize this opportunity, including promoting 6551 to be part of this new narrative cycle, allowing the entire 6551 ecosystem to grow alongside our activities. At least through our incentive mechanisms, we hope to enable every web3 user to hold a TBA. That's what we ultimately want to achieve.

Irene added after translation: We have to put more narratives on PFP NFT, so he believes under the narrative of EVM along with the cancun upgrade which is very good for layer2 and also the other protocols in this ecosystem. Also basically includes ERC6551 itself and with the ETF maybe it will pass in May, so he believes it will really good for the enhancing the whole ecosystem. He also mentioned we need new narratives on the EVM ecosystem, so the ERC6551 itself is extremely expensive already and has lots of advantages in AI, onchain games and onchain socialization along with the creator economy and RWA and lot of stuff. So projects can work on that as well, he really believes that ERC6551 can make it big for the whole NFT market, we just need more users on there, we need more attraction and we need the incentive program what we just mentioned to attract more users into the whole ecosystem and how building on the ecosystem.

Benny: Yeah, I actually would double down on that I think Damon you brought up some really good points. I think the main one about narrative is key. Over the last several years NFTs they're token assets that you buy, you spend a lot of money on and you put it in your wallet but you don't really control the utility right. If it comes down to breeding or battling or playing mini games, usually you have to wait for the companies to deliver that, sometimes they don't deliver that. So I think that narrative is key where you guys as the NFT experimentation lab, can build these examples of utility and regardless if you have a BAYC or Azuki or Doodle, you could come and play these games and earn points outside of the permissionlessly without the creator of the project. I think that's extremely powerful and we're starting to see a lot of different projects and companies come to fruition. So I totally agree with that perspective Damon.

Damon: Thank you. We share the same insights.

Benny: Amazing, so while we're kind of wrapping up what's the best way for community to come in contact with you both from TiTiTI side and even in David's side? How do people come in contact with you and any shout outs that you want to give out on the spotlight?

Freya: All the audience can come to conncet us on Twitter, our Twitter handle is @TiTiTiOfficial. I hope we can encourage more users and projects to utilize the ERC6551 protocol. Through various activities and products offered by TITITi, we aim to significantly expand the user base of ERC6551. We believe in its potential to transform interactions within the Web3 space and are excited to be at the forefront of this innovation.

Benny: So just highlight to the community here, the official Twitter is TiTiTiOfficial, that's the handle for your account? Okay, incredible. How about yourself David? What's the best way for folks to follow your work and everything that you do?

David: I kind of update the audience through Twitter account CreataAI, creataai.com. I'm hoping they can follow us check on the status and see what I am doing. Also I like to thank you for providing this chance and also seeing your support. Hopefully we can turn this into a great project and the team, of course, rely on them to turn this into great project of the ERC6551.

Benny: Exciting, awesome. Irene, Freya, Damon, David, thank you so much for jumping on this call. I know it was really late for you guys or really early for you guys, so really appreciate it I know it's hard to kind of think straight at such a late time, so really appreciate it and I think we had an amazing episode and a lot of folks will be interested in hearing your perspective. So with that being said thank you so much and we'll hear from you very shortly.

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Due to time constraints during the podcast, we didn't have the chance to discuss many aspects. Here are some additional points that our founder Damon would like to add:

Introduction to VA and its integration with ERC6551:

VA - NFTWallet is a smart contract wallet based on ERC6551, designed to be a better TBA tool. It currently offers three main features:

1. Users can easily deploy their NFTs as TBAs without permission.

2. Users can seamlessly send and receive any assets using TBAs.

3. Conveniently connects TBAs to any dApps.

Future expansions include:

1. Deploying ERC6551 protocol on all EVM L1 and L2 chains.

2. Developing mobile app and browser plugin versions.

3. Building a dApp marketplace based on ERC6551.

4. Integrating ERC6551 with other protocols, such as ERC5169, to enhance functionality.

5. Developing ERC6551-like protocols for Bitcoin and Solana to expand NFT smart contract accounts beyond the EVM ecosystem.

Ultimate vision: VA-NFTWallet aims to become the gateway to the ERC6551 ecosystem.

Introduction to TX and its integration with ERC6551:

TX is a TBA trading center and launchpad platform for the ERC6551 ecosystem. It aims to address the compatibility issues of mainstream NFT exchanges like Opensea with ERC6551.

Features include:

1. Identifying and listing ERC6551 assets for trading.

2. Providing launchpad services for ERC6551 projects.

Ultimate vision: TX aims to become the world's largest trading and launching center for ERC6551 assets.

Introduction to Ti Station and its integration with ERC6551:

Ti Station is a platform for derivative works of NFT IP. We ventured into derivative works because I personally engage in cosplay, and we also aim to fill the cultural gap in the NFT market, allowing the cultural and financial attributes of NFTs to develop together. Thus, Ti Station was born. In version 2.0 of Ti Station, we will integrate with ERC6551, primarily binding derivative works and revenue to the original NFT ID through ERC6551. For example, if I create a cosplay work based on Azuki#1, my work will be linked to Azuki#1's original NFT ID. If someone pays to view or purchase my collection of NFTs, a portion of the revenue should be shared with Azuki#1 as royalties. Additionally, we will launch an AI drawing tool to assist users in creating derivative works. For example, if a user inputs "create a comic-style illustration cover for Azuki#1," our tool will automatically generate the artwork for the user. This summarizes the features of Ti Station v2.0.

Conclusion

Once again, we extend our gratitude to Benny for the invitation, which provided us with the opportunity to showcase our ideas, products, and activities to the community. ERC6551 is an excellent protocol that offers significant advantages in expanding AI, gaming, social, and creator economy aspects. It serves as a crucial underlying component for projects within the entire EVM ecosystem to further expand, transform, and upgrade. We hope to maintain deep communication and collaboration with the ERC6551 team, aiding in the integration of ERC6551 with various hot topics and tracks related to NFTs in the EVM ecosystem. Our goal is to ensure that every Web3 user possesses a TBA.

Contact us

Website | VA-NFTWallet | Ti Station | TiTiTi Twitter | VA-NFTWallet Twitter | Ti Station Twitter | Discord | Email:business@tititi.io