Profile of padzank in Optimism
Posts by padzank
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[WITHDRAWN] Development of onchain Sports Markets infrastructure and Integration Kit
by padzank - No Role
Posted on: Feb. 3, 2024, 8:14 a.m.
Content: Based on all the received feedback and advice, I am formally withdrawing this mission request.
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[WITHDRAWN] Development of onchain Sports Markets infrastructure and Integration Kit
by padzank - No Role
Posted on: Jan. 30, 2024, 7:27 p.m.
Content: Thank you for the constructive feedback!
I can be considered a novice in the realm of Mission Requests, Intents and Collective Trust Tiers and this is exactly the guidance and feedback I need. I think your suggestion makes perfect sense and perhaps the highest impact from this mission might be achieved via allowing multiple applicants to fulfill this Foundation Mission. I must admit that I was not familiar with the exact total budget of this intent and considering this fact, I think lowering the amount further makes perfect sense.
For your inquiry on if the proposer is interested in applying themselves, the answer is yes. We share your vision of the high potential of sports markets and are on the active initiative to invite more focus on that specific niche from the Optimism ecosystem and the collective.
Further on the topic of allowing multiple applicants to apply and fulfill this mission, there is also a potential in starting a healthy competition within the Sports Markets niche in the Optimism ecosystem via this Mission Request alone. It can also potentially motivate projects native to other networks to consider Optimism deployment to be a part of this initiative? All this can only benefit the end goal of this mission, which is to cultivate a healthy Sports Markets industry growth on Optimism both for developers and users.
I propose the following changes to the draft:
Reduce Baseline grant amount from 250 , 000 OP to 150 , 000 OP
Change the value of Should this Foundation Mission be fulfilled by one or multiple applicants from One to Multiple
CC: @mastermojo
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[WITHDRAWN] Development of onchain Sports Markets infrastructure and Integration Kit
by padzank - No Role
Posted on: Jan. 29, 2024, 12:44 p.m.
Content: Again, I do not see from where the collateral liquidity magically comes from in your proposal and how can anyone potentially use this proposed infra to build a collateralized user friendly sports markets application (mobile or not) with out-of-the-box on-demand market making for 100 s of individual sports games. You are downplaying what it takes for this mission significantly. If its “ 2 d of code” for you, I then implore you to try and build what you describe (regardless of this mission request being approved) because onchain sports markets infra is a massive product market fit for the blockchain world and a global game changer. Who knows, maybe even just you can do what many teams have tried over the years, and change the entire industry in “ 2 d of code”.
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[WITHDRAWN] Development of onchain Sports Markets infrastructure and Integration Kit
by padzank - No Role
Posted on: Jan. 29, 2024, 10:32 a.m.
Content: I written my feedback to Pr 0 on the message above which mostly answers your questions as well. To further clarify, this mission requests asks for a development of a permissionless easily-integratable architecture for Sports Markets with out-of-the-box liquidity, market making and sports data on Optimism with the mission goal of making Optimism the main network of choice for all future builders that want to create their own Sports Markets project. Again I emphasize, that the nature of mission requests and this mission specifically is not aimed towards any single project to apply, but I would personally love to see many projects, builders and teams apply for this mission with the best of their abilities. The mission goal is to invigorate this untapped ecosystem with a massive growth potential for Optimism.
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[WITHDRAWN] Development of onchain Sports Markets infrastructure and Integration Kit
by padzank - No Role
Posted on: Jan. 29, 2024, 10:21 a.m.
Content: Getting reliable sports data onchain is only part of the problem and using some “scry.finance” oracle infra that does the same as Chainlink functions but probably worse and less secure is not a good argue for your case. How would this solve collateralization and on-demand market making of sports markets? From where would it get collateral liquidity onchain required for said market making? How would it implement odds into said sports markets? How would it manage risk for market making these sports games onchain? If there is no pushed odds and automated market making for these sports markets, what makes you think anyone would use this backend as integratable infrastructure for third party sports markets application (which is the goal of the mission) when there is no out-of-the-box liquidity for end users? This is not as simple as building an escrow contract that has binary outcome distribution triggered by a web 2 api brought onchain. This is not enough to build an out-of-the-box integratable infrastructure. And I don’t appreciate the language of branding this as “money grab” so easily without doing enough due diligence and basic reading of the mission request. Anyone can apply for this mission and the more teams or individuals applying with their own blueprints to bootstrap this narrative, the better. The applicants competition itself has the potential to kickstart something great on Optimism. If this mission is successful, you should definitely try and apply.
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[WITHDRAWN] Development of onchain Sports Markets infrastructure and Integration Kit
by padzank - No Role
Posted on: Jan. 29, 2024, 9:16 a.m.
Content: As far as I understand the whole Missions initiative, the mission request draft emphasizes a request and focuses on rationale, motivation, and it is up to the mission applicants to provide detailed specs and architecture on their application.
This is NOT a grant proposal and a request for 250 , 000 OP; This is a mission request and Optimism-wide open tendering.
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- Pr0: This has a spec which grants will meet for that OP.
What is required to execute this Delegate Mission Request?
Development of permissionless Market Making and Collateral smart contracts on Optimism for Sports Markets that preferably use decentralized oracle solutions for getting Sports Data on chain
Development of API or SDK Integration Kit that communicates with the previously mentioned smart contracts backend that can be used to deploy the supported Sports Markets on any integrating platform
A request will be met with a prop to do this and needs to only do this for 750k.
- Pr0: padzank:
This is NOT a grant proposal and a request for 250,000 OP; This is a mission request and Optimism-wide open tendering.
Again I emphasize, that the nature of mission requests and this mission specifically is not aimed towards any single project to apply
For your inquiry on if the proposer is interested in applying themselves, the answer is yes. We share your vision of the high potential of sports markets and are on the active initiative to invite more focus on that specific niche from the Optimism ecosystem and the collective.
Change the value of Should this Foundation Mission be fulfilled by one or multiple applicants from One to Multiple
Seems pretty aimed right? One of the team are even in here. Tbh no matter who does it the scopes not worth more than 10k. Why does this need $400k
Development of permissionless Market Making and Collateral smart contracts on Optimism for Sports Markets that preferably use decentralized oracle solutions for getting Sports Data on chain
Development of API or SDK Integration Kit that communicates with the previously mentioned smart contracts backend that can be used to deploy the supported Sports Markets on any integrating platform
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[WITHDRAWN] Development of onchain Sports Markets infrastructure and Integration Kit
by padzank - No Role
Posted on: Jan. 29, 2024, 7:44 a.m.
Content: Again, I do not see from where the collateral liquidity magically comes from in your proposal and how can anyone potentially use this proposed infra to build a collateralized user friendly sports markets application (mobile or not) with out-of-the-box on-demand market making for 100 s of individual sports games.
You are downplaying what it takes for this mission significantly. If its “ 2 d of code” for you, I then implore you to try and build what you describe (regardless of this mission request being approved) because onchain sports markets infra is a massive product market fit for the blockchain world and a global game changer. Who knows, maybe even just you can do what many teams have tried over the years, and change the entire industry in “ 2 d of code”.
Likes: 2
Replies: 0
No replies yet.
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[WITHDRAWN] Development of onchain Sports Markets infrastructure and Integration Kit
by padzank - No Role
Posted on: Jan. 29, 2024, 5:32 a.m.
Content: I written my feedback to Pr 0 on the message above which mostly answers your questions as well.
To further clarify, this mission requests asks for a development of a permissionless easily-integratable architecture for Sports Markets with out-of-the-box liquidity, market making and sports data on Optimism with the mission goal of making Optimism the main network of choice for all future builders that want to create their own Sports Markets project.
Again I emphasize, that the nature of mission requests and this mission specifically is not aimed towards any single project to apply, but I would personally love to see many projects, builders and teams apply for this mission with the best of their abilities.
The mission goal is to invigorate this untapped ecosystem with a massive growth potential for Optimism.
Likes: 2
Replies: 0
No replies yet.
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[WITHDRAWN] Development of onchain Sports Markets infrastructure and Integration Kit
by padzank - No Role
Posted on: Jan. 29, 2024, 5:21 a.m.
Content: Getting reliable sports data onchain is only part of the problem and using some “scry.finance” oracle infra that does the same as Chainlink functions but probably worse and less secure is not a good argue for your case.
How would this solve collateralization and on-demand market making of sports markets? From where would it get collateral liquidity onchain required for said market making? How would it implement odds into said sports markets? How would it manage risk for market making these sports games onchain? If there is no pushed odds and automated market making for these sports markets, what makes you think anyone would use this backend as integratable infrastructure for third party sports markets application (which is the goal of the mission) when there is no out-of-the-box liquidity for end users?
This is not as simple as building an escrow contract that has binary outcome distribution triggered by a web 2 api brought onchain. This is not enough to build an out-of-the-box integratable infrastructure.
And I don’t appreciate the language of branding this as “money grab” so easily without doing enough due diligence and basic reading of the mission request.
Anyone can apply for this mission and the more teams or individuals applying with their own blueprints to bootstrap this narrative, the better. The applicants competition itself has the potential to kickstart something great on Optimism.
If this mission is successful, you should definitely try and apply.
Likes: 1
Replies: 0
No replies yet.
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[WITHDRAWN] Development of onchain Sports Markets infrastructure and Integration Kit
by padzank - No Role
Posted on: Jan. 26, 2024, 9:45 a.m.
Content: Perhaps you have misinterpreted what this mission actually aims for. This does not seem like being relevant to this mission request in any way or form. This mission request aims for a full stack smart contract architecture and an integration kit infrastructure for the said architecture.
Likes: 0
Replies: 0
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