Tokens y NFTs

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• 1:49:44 Conceptos Amiar’s project portfolio and social-token concept Pedro Lucas Temporary vault. Okay. So you get the NFT and your ADA goes on to a temporary vault here. But then if you burned the token, you get nothing, right? Because this is the answers. These are the questions that I was placing and you've given me both the answers. Right, so in a way, your temporary vault i asset · nft · token
• 46:43 TLDR Book.io analysis Pedro Lucas Well, their tokens are the books, right. When I have them in my wallet. Yeah. When I say a token I mean a collectible because everything is tokens. You see there NFT and ft. So the T is always token, non fungible token. Fungible token. But yeah, if I click in a. On a book like this it is exactly as fungible token · minting · nft · token
• 2:03:27 Conceptos Token pricing, value flows, and liquidity Pedro Lucas And this would be green. Okay. So in the end you've created sort of an ADA stablecoin that's always worth this amount of ADA because you're depositing it on a temporary vault. And yeah, you know, if you want to donate 40 ADA, you buy two NFTs, you lose your ADA, it goes here, you get the NFTs and th nft
• 1:58:08 Debate Token pricing, value flows, and liquidity Pedro Lucas Yeah, yeah, this is, this is just a like flow charts or something like that. It's not maybe the best thing, but it felt like a good, a good approach. What I'm trying to do now is say, okay, this is the asset ADA, which you spent €10 of to get the NFT. And the NFT is still worth €10, €10, like you sa asset · nft
• 1:12:53 TLDR Barcelona Football Club and Andamio case study Pedro Lucas So basically this is what I meant when we were going over concepts and I said you can mint a token to someone with metadata on that token. Okay. And now this, this is like a. Coin or a piece of paper that. Was written with this information and that. Can be sent around to different people or from peo metadata · mint a token · minting · token
• 1:00:43 Debate Barcelona Football Club and Andamio case study Pedro Lucas Right. Here you have a lot of background on voting on chain. Their products and services is basically a sports community. That's why community is so important on the top. Right. And the building blocks again are going. To be like minting. minting
• 1:46:25 Debate Amiar’s project portfolio and social-token concept Pedro Lucas So looking at it from this kind of framework, how, what, what would you say is where, like, what are the components? You're obviously minting a token. So NFTs. fungible token · minting · token
• 1:26:53 Debate Meme tokens, token launches, and supply and demand Pedro Lucas I was just like what, what you just described. I'm happy to hear you. But what I was just, just to compliment. What I was saying was one thing is to mint a token just to get money out of People. And that's it. Like, that's like. Yeah, it doesn't provide value for anyone. The other thing is, like you mint a token · minting · token
• 2:08:55 Conceptos Token pricing, value flows, and liquidity Pedro Lucas Yeah. Okay, so this was a really interesting conversation about. I'm not sure if it's even tokenomics. It's more like token flows in token prices. And I think we eventually got to this contrast here where one thing is guaranteed, you can guarantee your side of the thing, but there's also a free mark asset · nft · supply · token
• 1:09:38 TLDR Barcelona Football Club and Andamio case study Pedro Lucas And I'm going to need to mint an access token. I can just choose something. Let's go with this, huh. I could do some proof of work now and try to find. There we go. Lucky Dragon 45. That makes more sense. Mint a token. And this is when probably we were looking at utxos, which is something that this mint a token · token
• 1:32:18 TLDR Meme tokens, token launches, and supply and demand Pedro Lucas Okay, that may have some like. Rules. For minting this token. These are the small things that sort of show that where Ethereum does everything like in a complex way just trying to make it work to create tokens. Cardano has a minting policy and the tokens are just really moving between wallets in utx minting · token
• 1:19:27 Debate Meme tokens, token launches, and supply and demand Pedro Lucas Well, this is the topic in. In a way, because what. What these guys do is literally minting meme coins. So here is a platform just to contextualize it. If you look up Snek on Cardano snack is a meme coin, a bit. Like Hosky, where I get there. There we go. Snake.com, and we have Hosky on Cardano. The minting
• 1:29:43 Ampliado Meme tokens, token launches, and supply and demand Pedro Lucas So if you give, like even on, on Ethereum, I think some projects got the habit of airdropping a tranche of their issuance to Vitalik, the owner or the the creator of Ethereum, you know, and it doesn't really guarantee that the token is going to have any value. Right. Because in the end the only thin supply · token
• 1:35:22 TLDR Meme tokens, token launches, and supply and demand Pedro Lucas Sorry, these red and green tokens, Sorry, this is ADA are being moved around from wallet to wallet and you can deposit a UTXO or another UTXO into a wallet and they are in the wallet temporarily and then you can remove that piece of ADA from the wallet into someone else's wallet. So like a customer asset · token

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• 26:30 Conceptos Cardano Block Explorers and Token Details Pedro Lucas Here we go, you see their policy id. So I can copy this policy ID from way up the NFT marketplace, I can go to see Explorer, and if I drop this policy ID in there, it finds the policy and it finds one asset or maybe more. Let's see, within this policy, see all the non fungible tokens are issued, eac asset · collection · fungible token · minting · nft · policy id
• 52:11 Conceptos Onboard Ninja Tool Demonstration Pedro Lucas Because token ID with that naming doesn't really match with, you know, is it the policy id? Is it the asset name? asset · policy id · token
• 1:01:41 TLDR Onboard Ninja Token Liquidity and Campaign Setup Pedro Lucas So, yeah, I was having a discussion this morning with the Enterprise and Government Adoption working group where, yeah, I was making this point as well. Salespeople that are working on business development on Cardano, they need to understand at least what a token is, what a fungible token or non fun fungible token · minting · token
• 1:29:51 TLDR Web3 Project Ideation Pedro Lucas You may want to persist that as an NFT just to keep in your wallet. And so that was the concept, you know, so sometimes making things very personal could make sense. So imagine that you're doing this kind of lock screen thing. But it is like a bit maybe that what that was what Telvo was saying. It's nft
• 38:04 Debate Fungible vs Non-Fungible Tokens on Cardano Tevo Kask Like if you mint an issue like an NFT and the policy says that anybody can burn that. Like in a sense, if you are in control of that asset, then you can do that. But if the policy says the only issuer can do it, then only issuer can do it. But the issuer can also make it so that they can't even burn asset · nft
• 43:36 TLDR Onboard Ninja Tool Demonstration Pedro Lucas Here we go. Just for reference for the video or you know, anyone watching us asynchronously found some tokens. They are being sent to your wallet now and that's it. So this was the experiment I had set up on Onboard Ninja for just ada. So it's not even a token. Right. And since we were exploring a b asset · token

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• 58:19 TLDR Onboard Ninja Tool Demonstration and Feedback Pedro Lucas Adds up we have 848 ADA 140,449 Lovelace you see there all the way down to the Lovelace 449 Lovelace. So that's my wallet seen within the block explorer C explorer actually I'm going to add it here. So let's see here policy ID and this is going to be the policy ID for the 45B fungible token. It's no asset · fungible token · nft · policy id · token
• 1:09:12 Debate Technical Walkthrough and Token Identification Pedro Lucas This bit is the policy id, which is the beginning of this. So the asset name is actually from here on, which in a way this is the encoding of literally what I wrote as asset name. So 45B testnet token. If I converted this in some binary way, it results in this. So basically that's all that's happeni asset · policy id · token
• 41:32 Conceptos Onboard Ninja Tool Demonstration and Feedback Pedro Lucas Sorry, before I forget, I'm gonna get Megan's feedback and add it all the way back where we were because I don't want to. Oh, I already that dropped it here. So we'll get to that in a second. One thing, before I click create code I could also add the token and I would need to say this is where I thi minting · policy id · token
• 51:33 Ampliado Onboard Ninja Tool Demonstration and Feedback Pedro Lucas It's a bit like an odd cousin wallet but it has some abilities that you're not going to get anywhere else. So yeah, before we get to the policy ID thing, let me just check Megan's question. policy id

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• 54:07 TLDR Smart-Contract Use Cases Pedro Lucas I just wanted to come back to it because when we say that one of the use cases, one of the things that the smart contracts can do is minting. That's true, because you can actually have one of these programmatic wallets signing or creating a UTXO that's going to mint a token. So outside of this, we w mint a token · minting · nft · token
• 12:11 TLDR Token Transparency And Lovelace Pedro Lucas I'm not sure what asset this is,. But. It's probably all assets. Let's have a look at this one, for example. It's a project that I think is just winding down now on Cardano. So I'm just developing from here that this ID is the key to a type of token on the blockchain. And if you put that kind of ID asset · policy id · supply · token
• 50:37 Debate Smart-Contract Use Cases Pedro Lucas An NFT minting machine. I, I think, I hope you still remember. Or maybe I should show it to you. Since we're talking so much about smart contracts, let me hop to the visualization that I shared with your colleagues yesterday. And where is that around here? minting · nft
• 36:46 Debate Web3 Business Models Pedro Lucas As a user of something, okay, so. That way you can get discounts because you've bought a bit like all the track record that you have of buying things. Access to exclusive products. That is simply what we call token gating. If you are a member, you have access to the things. If you're not a member, i nft · token
• 44:16 TLDR User And Business Benefits Pedro Lucas So in that business model, how could he use Cardano and Web3, this is the stage we're going to have from here on. Right. Which is all about understanding the building blocks that we can use. So macro payments or metadata on the blockchain or a token, that's thank you for visiting us type of memoir. metadata · token

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• 1:15:18 TLDR ADA, policy IDs, tokens, and UTXOs Pedro Lucas So it was sent from a stake to an address. I'm not usually using Cardano scan that much but so here, for example, we have received 8 ADA tokens and 40 45p testnet tokens. If I click the testnet token, it has a fingerprint and I may have to go to see Explorer in a second. You have a policy id. You ha asset · policy id · token
• 1:20:39 Debate ADA, policy IDs, tokens, and UTXOs Ayomi Shuga So one of the questions was looking for the policy ID of a project or we're talking or something like that. So then I like, I know that policy ID is like, is like a unique, a unique identifier attached to a native token or something like that. Like it's something attached to a token to like know mor native token · policy id · token
• 35:46 Conceptos Consensus algorithms Pedro Lucas And if you know that some poll spam, some blocks are valid, some blocks are invalid, you start like saying, okay, I don't care about all this, this is rubbish. Someone is just spamming me. You just, it's like the thing that channels invalid blocks to, to like the spam folder of the relays so that th minting
• 1:29:43 Ampliado ADA, policy IDs, tokens, and UTXOs Pedro Lucas Asset encoded name, Asset name and the supply which is a joke, you know, this is 45 billion and one was the amount of 45B testnet token that I created. I don't think I can see much more. I can see the mints. That happened 11 months ago I think when we started the Portuguese cohort. asset · supply · token

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• 1:08:00 TLDR Chess-game architecture and escrow Pedro Lucas There's too many tokens in here. See if I can find it. Here we go. This is just an NFT in my wallet, but it's my own NFT, and I coined it. And the asset name is ADA fund. 45b. So on Eternal, on Vesper, I can say let's just drop it here. Copy this. I want to send a transaction to instead of an addres asset · metadata · minting · nft · policy id · token
• 53:07 TLDR Blockchain application stack Pedro Lucas Yeah. So the blockchain notes are the ones that communicate with each other sideways. And then upwards to your into the direction of the front end, we have the data providers that are indexing all the information so that it's ready to consume. On top of the blockchain, we randomize our own private k metadata · minting · non-fungible
• 1:00:23 Conceptos Chess-game architecture and escrow Pedro Lucas And, you know, in this case, usually it's your back end with the user's wallet is just signing transactions between you and the user before reconciling them back to the base layer. So what we did with Sada was like we created an idea of which tokens are going to be fungible, non-fungible, et cetera. non-fungible

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• 50:37 Conceptos Smart-Contract Enforcement Pedro Lucas Okay, so the difference between having a bit of logic in the blockchain here or a bit of logic in the back end here, these are both green things. Like, if I have an app, the user almost shouldn't care so much if my asset is a record on their database here, or if the asset they're seeing is something asset · nft · token
• 46:52 Conceptos Transaction Submission Flow Pedro Lucas Okay. So the simplest ones we've spoken of, including in my application, we spoke. We actually, I think we spoke of him as. I'm not going to write it down,. But tokens are like digital materials. You coin, you mint a token, you give it a name. It's your company token, it's your, I don't know, materi mint a token · nft · token
• 1:04:54 Ampliado Planned Technical Review Pedro Lucas Like, your key is usually your identity. But if you have these kinds of systems for digital identity, it's no longer just the customer. In this case, the customer has control of their digital identity because there's also a verifier and an issuer issuing identities. To him. So a digital identity is nft

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• 28:31 TLDR Smart contracts, UTXOs, datums and redeemers Pedro Lucas So when the smart contract receives. Well, when someone wants to spend and capture and redeem your souvenir UTXO and an nft, you would have to come and say, okay, I want to submit a transaction that has not necessarily metadata, it has redeemers. And there's like, if you wanted to spend all of these metadata · nft
• 13:19 TLDR Web3 architecture: data, logic and application layers Pedro Lucas Tevo, you see we have datums and redeemers there and maybe you can help me proof this kind of presentation. But before that picking up especially the green and pink, which is the logic and the data. And this I think could be very important or very interesting for Morgan, because I remember you were metadata · nft · token
• 16:25 TLDR Web3 architecture: data, logic and application layers Pedro Lucas So a coin for me is a piece of ADA and you can embed a token in it and the token can be fungible token or a non fungible token. The only difference there between a fungible token and a non fungible is that the total quantity of the non fungible token is one. So that, that's it. So again we've covere fungible token · metadata · token
• 40:30 Debate Web3 components, oracles and value creation Pedro Lucas So Apple stock or whatever, real world assets, these already exist and all we're doing is giving them a QR code which is an NFT to represent them and then leveraging the fact that that QR code that is An NFT is a better asset. It's unduplicatable, unstolable. And if you write something like that gra asset · nft

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• 1:10:39 Conceptos Web3 Product Framework Pedro Lucas I can think of something for the top one, which is you need to understand the legal framings or select a legal framing. You know, in Europe, we have MICA, which is markets in cryptocurrency assets. In the US, they have, I think it's Clarity or something else that they keep changing because it's stil minting · token
• 1:14:43 Debate Web3 Product Framework Pedro Lucas We can cheat. We can go to previous student groups and look at what they've done here. So there's a little like here we have minting a token. That would be also the tokenomics of your token. So is it finite? Is it infinite? How are you going to distribute it? That is something that I haven't detaile minting · token
• 1:33:48 Conceptos Participant Business Ideas Pedro Lucas I think blue may be a nice color to land on where we were. Yeah. Cool. I'm just going to drop it over. So blue is the actual business. Okay? And so from a quick, quick thought, proof of track record is something that people could we could do this in very different ways, right? You could do this as N metadata · nft
• 1:39:03 Conceptos Participant Business Ideas Pedro Lucas Maybe get some feedback from Chichi. Yeah. It really is an exercise of creativity. Now, since we've been just on this bottom layer, let's think in terms of legal concerns. I don't think you have those many because we're not minting a token. We're not creating anything that can be speculative in natu minting · token

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• 12:36 Conceptos Digital collectibles and wallets Pedro Lucas Turf interactive demo. Okay, so what I wanted to do in Eternal is to look at the metadata of this collectible and look at the details here. You see it looks a bit more technical, but it's really just links, let's say, or URLs of the object that I have in my wallet. And I see here turf nft.com so let metadata · nft

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• 48:59 Conceptos Book.io, NFTs and wallet-based access Pedro Lucas So coming back to the wallet, you'll notice I have a lot of other things and many of these. You see,. They say nft, they say collection. I think it says collection. When I have more than one item it makes. At least that's consistent with what we're seeing here. For example, I have this one which is collection · nft
• 44:03 TLDR Book.io, NFTs and wallet-based access Pedro Lucas By the way, I do recommend you to install Eternal as well, to experiment. A bit with it. And you can see here, there are a number of fungible tokens and non fungible tokens we spoke about this in the past session. These are like the fungible ones are like digital materials. You just have a certain a nft
• 55:14 Conceptos Book.io, NFTs and wallet-based access Pedro Lucas They did a whole release and they split it into main character ones, main, you know, other plot characters and then scenario. And so this NFT is more common. These scenario NFTs are more common than. The main character ones. So now if I go to my. The actual website where this was all created, I'm ex nft

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• 50:13 Conceptos Money, Bitcoin and Digital Materials Pedro Lucas Apple stock already has like one characteristic because Apple stock is sort of like a real world asset as well, because it is backed by Apple. You know, you can't buy if Apple eventually puts their stock tokenized on the blockchain. It's going to be a token. Exactly as any kind of scam coin. So I ca asset · token
• 1:02:56 Debate Wallet Exercise and Learning Programme ThEndorSemenT I have installed a lot of different Cardano wallets since 2020. At least I've been scammed. Not only because Cardano all blockchains offer you a lot of scams as you were sharing with us. So I got my master degree about blockchain being scammed. So it's a different way of learning. And Cardano, I sti nft

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• 30:21 TLDR Gimbal Labs Updates and Workshop Collaboration Pedro Lucas To do just to give you some feedback today. This is what's been in 45B IO Web3 for a long time and I feel like what we've done for two 20 sessions. I think today's 21st I think was mostly play around with these first four topics. So over conceptually like what is blockchain and what IS tokens and NF asset · nft · policy id · token

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• 17:17 TLDR Wallets and wallet applications Pedro Lucas Demo multisig on Game Changer because as we go into more technical explorations, Game Changer is going to allow us to do a lot of stuff. For example, IPFS, which is where the JPEGs go that compose a non fungible token and a typical NFT image. Game Changer Wallet allows us to load a JPEG into the wal fungible token · nft · token

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• 31:15 TLDR Transaction Metadata Pedro Lucas I'm going to send to the smart contract three UTXOs, one for you, one from for Aomi, one for Jethro and one for Morgan or you know, something like that. And so each of those UTXOs is going to have a bit of metadata saying it's only the person that has the 45B NFT saying Megan or Morgan or you know, metadata · nft

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• 35:32 Conceptos ADA Stat Pools Exploration Pedro Lucas So you see here, for example, there were two and three blocks. This was three months ago. And the luck was really, really high in minting all these blocks, especially three blocks in an epoch here. Ironically, he got a return on ADA of 9%. This is an annualized rate. Okay, so don't get very greedy a minting

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• 1:03:05 Completo Learning model and technical concepts Pedro Lucas Sub second you ask, what's the balance in my wallet? What are all the transactions that I've ever done? And this data provider gives you that in one second or half of that. So that's the function of a data provider. And I think I don't want to dive too much into it. But you know, we have IPFS, which nft

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• 28:39 Debate Cardano Assets and Token Caution Pedro Lucas I just wanted to point out that this is an asset because I say I created it and it's worth whatever my word is worth, let's say so also because we're looking at the sheet, the page for this token, I can see all the transactions that were ever done with this token. I actually created the token one ye asset · token