Profile of tomiwa1a in Optimism

Posts by tomiwa1a

• [DRAFT] [GF: Phase 1 Proposal] Atila by tomiwa1a - No Role
  Posted on: July 15, 2022, 3:39 p.m.
  Content: This is super helpful! I’ll look into those links. Thanks @OPUser!
  Likes: 1 Replies: 0
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• [DRAFT] [GF: Phase 1 Proposal] Atila by tomiwa1a - No Role
  Posted on: July 15, 2022, 3:06 p.m.
  Content: [removed]* *I accidentally made a duplicate of my previous comment.
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• [DRAFT] [GF: Phase 1 Proposal] Atila by tomiwa1a - No Role
  Posted on: July 15, 2022, 2:59 p.m.
  Content: 40 % is to share knowledge about crypto in general. These are not directly aligned to phase 1 funding goal. First, let’s quickly review Phase 1 funding goals: The proposal must include a plan for how the tokens will incentivize growth on Optimism. I think teaching people about crypto in general first, and then teaching them about Optimism will incentivize growth on Optimism. Here’s why If we want to grow Optimism, we need to onboard beginners. If we want to onboard beginners, we have to first teach them about crypto, then teach them about crypto on Optimism. For example, when we say we plan on teaching crypto in general, we don’t plan on just having a workshop “what is crypto” or “what is an NFT” since that brings little value to Optimism. The plan would be “what is crypto?” THEN explain “here’s how to get your first OP token from a faucet” and send it" or “What is an NFT” then teach people how to make an NFT on OP and buy and sell it on an Optimism NFT marketplace. Why do we need to onboard beginners? Optimism has 2 levers of growth: Onboarding crypto-natives on other platforms. Onboarding crypto-beginners who have little to no experience with crypto At Atila we believe that also focusing on crypto beginners (group 2 ) is very important for growing Optimism: Group 2 is way larger than group 1 : 16 % of Americans already own crypto (group 1 ). 72 % of Americans use social media (proxy for group 2 ) Group 2 has lower acquisition costs. Both in terms of time and money. People who are already on a different crypto platform already have financial and ideological ties to their current chain. Getting them to switch will require more effort. The value proposition has to be higher to get people to swtich from a different blockchain. However, if someone little to no pre-existing crypto or blockchain uses, the value proposition simply has to be greater than zero. The RPGF idea is a good one as well. @OPUser thanks for sharing. Any links to where I can learn more about that?
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• [DRAFT] [GF: Phase 1 Proposal] Atila by tomiwa1a - No Role
  Posted on: July 15, 2022, 11:39 a.m.
  Content: This is super helpful! I’ll look into those links. Thanks @OPUser!
  Likes: 1 Replies: 0
  Likers: OPUser
  No replies yet.
• [DRAFT] [GF: Phase 1 Proposal] Atila by tomiwa1a - No Role
  Posted on: July 15, 2022, 11:06 a.m.
  Content: [removed]* *I accidentally made a duplicate of my previous comment.
  Likes: 0 Replies: 0
  No likes yet.
  No replies yet.
• [DRAFT] [GF: Phase 1 Proposal] Atila by tomiwa1a - No Role
  Posted on: July 15, 2022, 10:59 a.m.
  Content: 40 % is to share knowledge about crypto in general. These are not directly aligned to phase 1 funding goal. First, let’s quickly review Phase 1 funding goals: The proposal must include a plan for how the tokens will incentivize growth on Optimism. I think teaching people about crypto in general first, and then teaching them about Optimism will incentivize growth on Optimism. Here’s why If we want to grow Optimism, we need to onboard beginners. If we want to onboard beginners, we have to first teach them about crypto, then teach them about crypto on Optimism. For example, when we say we plan on teaching crypto in general, we don’t plan on just having a workshop “what is crypto” or “what is an NFT” since that brings little value to Optimism. The plan would be “what is crypto?” THEN explain “here’s how to get your first OP token from a faucet” and send it" or “What is an NFT” then teach people how to make an NFT on OP and buy and sell it on an Optimism NFT marketplace. Why do we need to onboard beginners? Optimism has 2 levers of growth: Onboarding crypto-natives on other platforms. Onboarding crypto-beginners who have little to no experience with crypto At Atila we believe that also focusing on crypto beginners (group 2 ) is very important for growing Optimism: Group 2 is way larger than group 1 : 16 % of Americans already own crypto (group 1 ). 72 % of Americans use social media (proxy for group 2 ) Group 2 has lower acquisition costs. Both in terms of time and money. People who are already on a different crypto platform already have financial and ideological ties to their current chain. Getting them to switch will require more effort. The value proposition has to be higher to get people to swtich from a different blockchain. However, if someone little to no pre-existing crypto or blockchain uses, the value proposition simply has to be greater than zero. The RPGF idea is a good one as well. @OPUser thanks for sharing. Any links to where I can learn more about that?
  Likes: 0 Replies: 0
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  No replies yet.
• [DRAFT] [GF: Phase 1 Proposal] Atila by tomiwa1a - No Role
  Posted on: July 8, 2022, 1:21 p.m.
  Content: Can you give some examples of workshops that the tokens would be used to support? Here is a specific proposal for what an Optimism Workshop would look like. Here are some concrete examples from that proposal: Workshop Topics: How to make your first NFT on Optimism and Sell on Quixotic (or Quixotic Testnet) Developers: Deploying a smart contract to Optimism and verifying on Optimistic Etherscan Introduction to Retroactive Public Goods Funding Bounty Prizes: Highest score on the workshop quiz gets $ 25 sent to their Optimism wallet Most creative social media post about the workshop (make sure to tag Optimism) gets $ 50 First person to create, buy, and sell an NFT on Quixoitc Testnet gets $ 50 in OP Similar comment for the grants for people “doing cool things”. What is a cool thing “Cool thing” will be decided by the community but some examples. The most interesting tokenomics proposal for how OP can give value back to it’s shareholder. A creative game that uses ERC 721 NFTs on Optimism An interesting nuclear energy or longevity research paper how does the token allocation support Optimism? The thesis is simple: We want to bootstrap demand and liquidity. We give people that are doing cool things, money in the Optimism economy and then give them things they can spend the money on in Optimism. We could just as well airdrop money to random people. But given that this money is being given to people who have done impressive things, my thesis is that token allocation done this way attracts a different holder demographic with values that align more with Optimism and it might incentivize people to stick around longer. This also bootstraps demand because the existence of an OP scholarship means that people are essentially competing to get rewarded in OP. This psychologically increases the value of OP in the minds of everyone who is trying to receive this reward. “If I’m applying for a scholarship or grant in OP, then surely it must be worth something”. I need to flesh out this idea more, but intuitively, the broad idea feels directionally correct.
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• [DRAFT] [GF: Phase 1 Proposal] Atila by tomiwa1a - No Role
  Posted on: July 8, 2022, 1:21 p.m.
  Content: Can you give some examples of workshops that the tokens would be used to support? Here is a specific proposal for what an Optimism Workshop would look like. Here are some concrete examples from that proposal: Workshop Topics: How to make your first NFT on Optimism and Sell on Quixotic (or Quixotic Testnet) Developers: Deploying a smart contract to Optimism and verifying on Optimistic Etherscan Introduction to Retroactive Public Goods Funding Bounty Prizes: Highest score on the workshop quiz gets $ 25 sent to their Optimism wallet Most creative social media post about the workshop (make sure to tag Optimism) gets $ 50 First person to create, buy, and sell an NFT on Quixoitc Testnet gets $ 50 in OP Similar comment for the grants for people “doing cool things”. What is a cool thing “Cool thing” will be decided by the community but some examples. The most interesting tokenomics proposal for how OP can give value back to it’s shareholder. A creative game that uses ERC 721 NFTs on Optimism An interesting nuclear energy or longevity research paper how does the token allocation support Optimism? The thesis is simple: We want to bootstrap demand and liquidity. We give people that are doing cool things, money in the Optimism economy and then give them things they can spend the money on in Optimism. We could just as well airdrop money to random people. But given that this money is being given to people who have done impressive things, my thesis is that token allocation done this way attracts a different holder demographic with values that align more with Optimism and it might incentivize people to stick around longer. This also bootstraps demand because the existence of an OP scholarship means that people are essentially competing to get rewarded in OP. This psychologically increases the value of OP in the minds of everyone who is trying to receive this reward. “If I’m applying for a scholarship or grant in OP, then surely it must be worth something”. I need to flesh out this idea more, but intuitively, the broad idea feels directionally correct.
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• [DRAFT] [GF: Phase 1 Proposal] Atila by tomiwa1a - No Role
  Posted on: July 8, 2022, 1:05 p.m.
  Content: First, thank you so much for taking the time to reply @allthecolors . This is the type of feedback I wanted to get when I wrote this proposal. It’s amazing to have people taking the time to give detailed feedback on our project. Is the review on-chain? No. The review is off-chain. Our thesis is that we only want to use the blockchain for things that can only be done best with a blockchain. Right now, the best use case for blockchain is payments handling the transfer of scholarship funds. Traditional off-chain systems are still better for handling the review process. While we could do something like snapshot voting but that adds a lot of friction for reviewers and may not be worth the additional complexity. It’s all about tradeoffs. However, we also believe in the concept of progressive decentralization so as we find better product-market-fit and blockchain technologies advance, we plan on moving more activites on-chain. It’s not clear how the review process would work in the context of disbursing OP tokens through this initiative. Would OP governance be asked to trust the team’s best judgment, or perhaps the team could request that OP identify subject area experts to lead the review? Yes, that’s exactly the plan! Subject are experts would be asked to lead the review based on the nature of the scholarship. For example, if we did a scholarship for “best Art NFT deployed on Optimism” OP could pick NFT experts in the art space to lead the review process. An aside: as a scientist, I find the idea of rewarding a scholarship for tokenizing a thesis a little bizarre. You are correct. That was my mistake as I’m still getting familiar with the different terminologies. The interesting part is there is a way to do both! Tokeinize the research proposal. Then after the proposal has advanced from a research proposal to a thesis, you could tokenize the thesis as a Harberger NFT (NFT that gives the creator royalties in perpetuities) or fund the thesis using Retroactive Public Goods Funding (funding for work that has already been done).
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• [DRAFT] [GF: Phase 1 Proposal] Atila by tomiwa1a - No Role
  Posted on: July 8, 2022, 9:21 a.m.
  Content: Can you give some examples of workshops that the tokens would be used to support? Here is a specific proposal for what an Optimism Workshop would look like. Here are some concrete examples from that proposal: Workshop Topics: How to make your first NFT on Optimism and Sell on Quixotic (or Quixotic Testnet) Developers: Deploying a smart contract to Optimism and verifying on Optimistic Etherscan Introduction to Retroactive Public Goods Funding Bounty Prizes: Highest score on the workshop quiz gets $ 25 sent to their Optimism wallet Most creative social media post about the workshop (make sure to tag Optimism) gets $ 50 First person to create, buy, and sell an NFT on Quixoitc Testnet gets $ 50 in OP Similar comment for the grants for people “doing cool things”. What is a cool thing “Cool thing” will be decided by the community but some examples. The most interesting tokenomics proposal for how OP can give value back to it’s shareholder. A creative game that uses ERC 721 NFTs on Optimism An interesting nuclear energy or longevity research paper how does the token allocation support Optimism? The thesis is simple: We want to bootstrap demand and liquidity. We give people that are doing cool things, money in the Optimism economy and then give them things they can spend the money on in Optimism. We could just as well airdrop money to random people. But given that this money is being given to people who have done impressive things, my thesis is that token allocation done this way attracts a different holder demographic with values that align more with Optimism and it might incentivize people to stick around longer. This also bootstraps demand because the existence of an OP scholarship means that people are essentially competing to get rewarded in OP. This psychologically increases the value of OP in the minds of everyone who is trying to receive this reward. “If I’m applying for a scholarship or grant in OP, then surely it must be worth something”. I need to flesh out this idea more, but intuitively, the broad idea feels directionally correct.
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