Hackathon Workshop：Mint Club_ETHTaipei 2024

so uh the workshop for tonight is about to start first off we have Club soe go ahead sir hello everyone hi guys and all the hackers here let's let's say hi first hello okay um I'm really happy to here today uh very happy to sponsor the ha and I just got a glad news that this haon is the biggest bounties ever entire Taiwanese history so yeah it's got really exciting right um so I'm from me club which is a only like uh how many people here who ever heard about like yeah you you know what you you know exactly what it is one only one deal 1 2 3 4 5 can anyone can explain come out [Music] here I'm joking I'm joking I'm joking okay all right so yeah several people know about the B concept but still rest of them are not familiar with so I'm going to briefly uh introduce respons body first so when you I mean not just you like whether you let's say there's some Creator who want toonize something like you know want want to issue some nft by using their followers what should they do they should shoot the cocon first right and then to make them tradable they usually have to support liquidity like Unis or P without then they just is it's just useless you know because people cannot trade to right but by using B you don't need to do that because Bing ter is a formul like uh in smart contract that defines the relationship between this token Supply versus uh token price uh for example this is one of the B uh examples um this token has a token as a base of that means that whenever people purchase these tokens you have to pay eight tokens that is calculated the exact amount to by the bonding curve and then that goes trajectory into a based bonding curve pool and which will be the all this token so for example this token now currently has 50 current Supply and if someone purchase uh 10 tokens of this then for calculates this area size which is really simple math right this multiply this so they calculate this area size of amount of eight tokens and this token goes to directly into B po of this token why do we do this because because B curve Works automatically increasing the only curve back pool or decreasing the bonding C based on the to demands and this Tok Creator does not need to manually support the liquidity on un which save a ton of money and a ton of process right um so how does it work again so there are two a here and then um so first of all this this a want to purchase some some token ISU in a m then this token will be main this person and then this have this person have to pay the pay of toen in this use case then this a toen will be bed in the PO when this token is sold then this token to be sold will be burnt by this contract and the a toen that was in the B pool will be back to this so as you can see the pool just automatically runs by based on this Ma so again the biggest benefit of using voler is to remove the process of manual liquidity support probably some here still think that why is it so important we can just simply Supply the the in like un which is really easy just for you mean how many people here who has experiences to man support the UN or other like am based like I have experiences to support like yeah you guys have build only two people raise the hand yeah do have you ever support the in the UN verion 3 yeah verion three yeah and then what you need to do is you have to make a position right yeah yeah was it easy for you because he genius yeah there was I made so far five times of experiences to to to to support the man from Min still I need to check some dos and stuff to find the best position of my which is really complicated and requires a lot of money how many Builders here have experienced a friend Tech before like friend tech one really just i' so you guys never heard about I heard about the name I've heard about the name so few of that okay so the concept of FR T used to be like you just issue your poen by using your Twitter identity so literally you kind of cize your uh kind of famousness in a social space and people trade of your identity which is good as key uh they also use B which is all the same formula for every key so what will happen is that whenever people uh purchase this person's token then it's just follows by B so if someone purchase the token that it increases the B and when someone sell this increase the B imagine if French te did not use the B then what this person had to do is that you know after he issued his token and then may said that no you need to have some $50,000 am month of the support then no one is going to do that right because it's ridiculous so that's why is required for most of the social project because it removes the biggest failure of the oranization which is manual Prov provision um maybe I'll just talk my explanation and then I show you how M CL Works directly from the website so uh so Min Club is actually protocol and we have web interface called Min St Club uh when you go to Main St Club you can see there are a bunch of that tokens or n already already formed in the main because Med is launched like uh ver 2 is launched about two to three months ago and there are already about over 2,000 F already by using this syst um let's talk about some examples so when you think about B fact uh W Project based on that is really important because think about this one this project called member um member is a meme token which is quite famous in poder how many people here who has poder account here you're super super we a supercent really great person you have everything but yeah parer is not that popular here but he really really raising a lot in a global level and there is a very famous M token there so this is TR token on base Network and what they did they created kind of f ID basis nft like for example this person Jess po do you know who he is just P anyone who knows yeah okay is it responsible yeah he the one of the coers of basw right yeah he also has uh he's also member m to controller so he created his Bas T by using number to so what is happening I'll show you if I purchase this Just Energy 10 enery here then see the curve calculates the area size which is the amount of the member token which is the base of that of this C token I have to pay to buy 10 nft or this I'll try to buy not expensive worry about it and then it's going to work by way because it uses basor which is really right yes and now let's see this transaction so it's not really much but I'll expain prop so I paid uh certain amount of L token which is the base of set of that n and then that goes to the Bing curve fact and responding the contract issued 10 just andt to me so in this transaction it's kind of similar which just like a swap transaction in unisoft but biggest difference is that in unisoft swap transaction it just interact with the you know the the paired tokens one right but in in this one one contract just control everything like the PO me and burning also the that PO operations this is the biggest difference so I'll go back to slide oh by the way if you guys have any question in between my presentation just feel free to raise a hand and ask any questions oh that's really great question actually we support only 1155 so s because as he say what's your name again nor wow you're going to make something swap so yeah as he said uh this only work for the sem token because you know the 721 which is completely non it is impossible to trade in this way because it's only one edition in the world but when you think about semi to and so just I'm not sure going to see this but I think it's embar using these examples but yeah he nft has a th000 ma Supply right and I got just 10 of that right then I just have 10 10 of a thousand it's not like 10 specific editions overas so sem fible Works a little different to the completely but is still classified as an and even you can trace that in open I'll show you so see this is and uh you in open see uh there's a number to here now it says 61 owners and uh oh I didn't so it doesn't show that probably if I then some here is going to say you have 10 old this it doesn't say that you have 10 additions of this so which is difference between 721 all right um let's keep going okay ask question like that I I love to get answer um this is kind of unique part of club we use discret only mod which is the EC because when if the B is compl continuous we actually try in the verion one then there is some difficulties ining like uh uh I'm not actually engineer so I don't know what exact problem but my engineer said that there's some gas optimization problem and then also fully optimizable M design is kind of not possible so we kind of develop this way for kind of Step basis of model so in this model what you can do actually there only step R like you know you can set to each uh range versus price set and then this is set of Step rate so the biggest benefit of this model is that if you keep increasing this uh step rate like to 100 then it works almost like a continuous uh line also if you ruce this step sign then it works more like a step basis uh so you can create actually a variety of economy of using which is a really great part um we actually provide very simple but powerful SDK uh if you go sdk. you can access right away um by using this SDK actually um how many here a backend or smart project developers here I'm a backend or smart contract so about nine people yeah without that you can still make like I'm we still without heavy back end and smart contract development you can still make this kind of we three ready application it is actual case uh we're working with some American musing they're just two developers both are content and they are making we ready by just using our so if you jum to Papa actually your back or smart Dev can work something more uh creative part like so you can make separate contract that work with M contract to add some feature which will be more conf so this is definitely really benefit you can leverage this part with another price part if another price part support EVN then you know you can just think of just utilizing B contract and then your backend smart contract also developer develop another contract and then CR you know like applications for the different parts or even if this is ebm you can just deploy uh support multiple uh Main and testet um again we support uh we support ethereum based AR blast main which will cover most of the other uh probably uh uh price category at the moment and also we support uh so what you can do is like if you want to kind of cross apply to other PR part you just deploy multiple Main and T then may with double all right um time almost running off so I check the price part so we prepared 10K total so first price 5,000 second 23,000 third one a th000 um USD not from out us and there's another price $2,000 anyone who has submission to the mid category we're going to share this kind of by end like so for example if there's a 10 submission of the Min club and then if you want first price and you also get 20 200 from this so in total 5,000 200 so it works like that if you could get any price from 1 to three for you minut then you still get share of this SI I mean this is like not money just for fun you know so that you me then you still get something yeah in us this is not just the end of the hon after this halfon if you are so excited to work in the mid Club ecosystem we have grant program and our grant program actually really simple process uh based on the our community voters they will vote for your project to support tomor so which is really great deal for you to keep going on our EOS system uh just in criteria everything is actually described in the uh uh the Dos that I shared in the price so you can just fly read it but the most important thing is that you just need to use Min CL protocol at some way and that's all you can deploy main or t if your project is main project and you don't have any G don't worry we even have a postet I shared how to get the main toen in M CL section when you go the disc uh we like Arbitron optimism based polygon B DD chain May that token $1 worth as a uh don't try to mil it because it's only 2 one all for 24 hours but yeah uh so yeah I think that's it do you you guys have any question any question no all right I'm going to be in this t space almost every day as so just find me and then ask any question and I want to help you also Discord our D team are keep watching on every question that that has on the Discord channel so you can even use the Discord has many questions all right thank you very much