# NTXT: Evaluating L1 Platforms under Revised Roadmap Targets --- https://www.overthereality.ai/blog/overs-patent-application-for-real-time-exploration-of-ai-generated-3d-locations-significantly-advances-the-augmented-reality-ecosystem/ https://www.overthereality.ai/blog/overs-patent-application-for-real-time-exploration-of-ai-generated-3d-locations-significantly-advances-the-augmented-reality-ecosystem/ ### Sunrise: Assumptions/Requirements 1. Token Vesting for NTXT needs to come on-chain Q4 2023 2. Preexisting relationship with NEAR, Solana 3. Liquidity and any other distribution concerns are 2ndary to the timeline 4. What are the tradeoffs we are facing? --- ### 1st Breakfast: General Tradeoffs 1. long-term tech stack evolution vs. near-term ecosystem maturity 2. technical brilliance vs. availability of best-in-class (preferably lean) token launch solutions --- ### 2nd Breakfast: Our Tradeoffs 1. Rich fungible token tooling for community **vs.** long-term technical viability 2. technical brilliance **vs.** availability of best-in-class (preferably lean) token launch solutions In other words: 4. off-the-shelf-everything **vs.** degrees of hands-on'ness 5. This applies to adjacent tooling as well (investor dashboards, ) --- Even simpler: > More direct control of how NTXT handles on-chain <---> going through intermediaries for setup --- ### Lunch Starter: Obvious candidates TLDR ETH Ecosystem: - Enough Tooling to solve our pressing needs (if I understood them right) in one month. See Appendix A - Tooling for community and solid vesting is most mature in EVM ecosystem. - Launching token on anywhere in EVM-land and the migrating is not a big deal (even for grants from L1s) - Strong support for leading L2s - --- Solana Ecosystem: - Solana chain halts will be "unexpected expected" - Generally: very active development of tooling by community, every week new projects spring up - Generally highly visible - Ready-to-use token launch infrastructure - Strong integrations into all other ecosystems --- Polkadot Ecosystem: - Polkadot is Layer 0! Token launch only on another parachain that has a VM - Which means i.e. launching on Moonbeam (EVM parachain with strong interoperability) to avoid locking funds forever to operate a parachain - Benefiting from exposure to both DOT and ETH ecosystems - Requires forking Solidity projects from ETH L1 to work --- Polkadot Ecosystem cont'd: - TLDR: More work than necessary, so-so visibility, unclear tooling for community to check the pulse of their token - Few integrations with web3 SDK Platforms (e.g. Alchemy or Moralis) --- NEAR Ecosystem: - NEAR has Aurora: full EVM, anything from EVM-land can be forked and launched there, but still uses ETH as base currency - great technical team, average cutting-edgeness, NEAR onboarding was a pain 2 years ago, supposedly better now, WEAK community tooling around tokens - TLDR: functional utility of NTXT at least a year away -> liq. events possible in meantime -> be where attention, DevEx and even then will not require high throughput -> not the best place for "just token" --- ### Aperitif: The Alternatives - Dfinity/ICP: strong dev ecosystem and excellent technology (escape the trilemma), global reach, capitalization, hype clock, interoperability - ZK-L2s: really --- ### Important Questions - Integration with Ecosystem: where best? - Liquidity / Hypeability (hence no Cosmos/Cardano for now) - Scalability not a factor until we know how much of our proof computations will have an on-chain component (this is were a highly scientific/technical L1 team could come in handy)[ICP,(NEAR),(SOL),] - Community Support/Acceptance (elaborate) --- ## Appendix A: ETH Ecosystem Solutions for us Ordered by order of in-house development effort (from 0 to ful DIY) - hedgey.finance (supported by the best) - unvest.co - vtvl.io (found them when they were doing their first handful of clients) - [Full DIY][Building any SC set for token mgmt starts with OpenZeppelin audited contracts](https://github.com/OpenZeppelin/openzeppelin-contracts/blob/release-v4.4/contracts/finance/VestingWallet.sol) --- ## Appendix B: SOL Ecosystem Solutions for us Ordered by order of in-house development effort (from 0 to ful DIY) - [Bonfida Vetted Vesting Contracts ](https://github.com/Bonfida/token-vesting) - [MeanFi](https://meanfi.com/) - like hedgey.finance on Ethereum --- ## Paid Services - [Magna (multichain, no NEAR)](https://www.alchemy.com/dapps/magna) - [LiquiFi (multichain, no NEAR)](https://www.alchemy.com/dapps/liquifi) - Exhaustive enough list: https://www.alchemy.com/dapps/liquifi The old guard like DAOmaker, bitbond, TokenSoft etc.pp also still exist. Most expensive I'd say and mostly support only Ethereum. --- # BACKUP SLIDES --- ### Trade-offs Between Different Blockchain-Based Execution Layer Solutions | Platform | Scalability | End User Transaction Costs | Average Time Until Finality | Smart Contract Language Trade-offs | Other Relevant Factors | | --- | --- | --- | --- | --- | --- | | ETH Sidechains | | | | | | | ETH L2 (zk/non-zk) | | | | | | | SOL / NEAR | | | | | | | Bitcoin EVM | | | | | | | ALGO | | | | | | | AVALANCHE | | | | | | --- https://routerprotocol.medium.com/an-update-to-route-tokenomics-extending-vesting-timeframe-by-4x-across-key-categories-2affa8425d87