Building in Public [0]
Where are we so far?
So after getting my ass kicked by COVID for the entire month of June, I’m back.
There’s been some progress!
That’s it. That’s the whole thing.
The sensation of “so what?” you’re feeling is exactly what I’m shooting for.
Some Things Don’t Need a Song and Dance
VF Protocol has big dreams.
We are going to make transaction fees extinct by 2030.
It’s gonna be hard and it’s gonna be exciting.
And we’re gonna get there by making things that just…freaking…work.
Because payments just need to work.
It needs to work for you - a consumer just trying to buy a bottle of water on a hot day.
It needs to work for the corner store just trying to sell you that water.
And it needs to work for every single person and company (big or small) in the very long value chain between the water’s source and your thirsty mouth.
P2P NFT sales also just need to work.
And by building the tool that removes every last bit of friction between identified counterparties we’re going to make P2P NFT Sales underwhelming.
Because when tools amplify instead of impede, things get really fun.
Then comes NFT escrow.
Then comes NFT layaway.
Then comes new ways to trade time and resources for NFTs.
Then comes escrow APIs.
The comes clever ways to make payments cost nothing at all (forever).
Then we bring the rest of the economy along.
Should be a good time!
Progress and Asks
Our Repo is finally public. [edit: 6 October 2022 We have temporarily made our Repo private as we prepare for a security audit - we will make it public again once that process is complete] If you’re excited by the vision or would like to eviscerate my code in a public forum, please check it out. If you’re feeling squirrelly, make a PR. I’m adding in the remaining To Do items for the MVP left in order to be deployable to mainnet and could certainly use some fresh eyes and hands. If you know Solidity, please help us not get rekt by reviewing my Controller contract.
We’re releasing both an early early VF Protocol Litepaper as well as a supplementary VF Protocol Conceptual Overview for those of y’all who get really excited about economics (like me). Hit me up with any questions, criticisms, or just to nerd out about transaction modalities.
We’re building out the tech team. I’m stoked to share that there are a few potential “founding engineers” in the works as well as a potential CTO coming on the next few months to help make VF Protocol as good as it should be. However, nothing is set in stone so if you want to help make transaction fees extinct by 2030 or just like shadowy super coding (for now the stack is React, Solidity, Nodejs, Alchemy, and a few other things) then please reach out!
We’re getting some exciting pre-validation as the Crypto community’s rose colored glasses about terrible user experiences are coming off. I see tweets like this one below fairly regularly now! If you see a similar one in the wild, please tag me (@frozenfire42). I’ll let them know how we’re going to solve their problems.
this @opensea policy, whatever the legal reasons for it, are an unmitigated disaster can anyone report anything as stolen at any time and the buyer gets screwed? if you’re going to do this, then hold funds in escrow tbh i’m scared to buy any high value NFT which moved recently https://t.co/zHsdzTo8CQYou should not have allowed me to purchase it 21 days ago if you're gonna throw this shit at me now @opensea https://t.co/CkBLveLthr
🏝nathanhead.eth🏝 @NathanHeadPhotoWe also (excitingly) got a bump in waitlist signups when VF Protocol got picked up by a crypto news aggregator twitter account. Welcome to everyone who’s here from that tweet!
We’re actively applying for grants and vetting fundraising partners. I have an ambitious roadmap for this year and beyond and would love to work with builder-investors with a 10 year+ time horizon that also loves to crush near term milestones. I value attitude and vibes over “pedigree”. If you know of anyone likeminded or of any grant programs worth looking into, please reach out.
All of the other, non-coding things are moving along as well. Some early partnerships are in the works right now on both the P2P and B2B fronts. If you are an NFT degen or know NFT degens who will get value from this please reach out. VF Protocol would love to save you effort and money as well as be the default way your community transacts their NFTs.
What’s Next?
Code. Tests. Deployment.
Simple as that.
With great appreciation,
Founder of VF Protocol