Stress testing Dapps (Kickback & ENS)

Transcript

1. View Slide

2. - The beginnings
   - The Challenges
   Topics
   

   View Slide

3. Kickback
   Commit ETH/DAI to attend / Distribute no-show commitments
   

   View Slide

4. Kickback
   Commit ETH/DAI to attend / Distribute no-show commitments
   

   View Slide

5. The
   beginning
   ● London Ethereum Codeup
   ● Started 2016 Apr
   ● Guest speakers includes
   ○ rDAI
   ○ Chai
   ○ 3box
   ○ Monolith
   ○ Aztech
   ○ Oraclize/Provable
   ○ ENS
   

   View Slide

6. The
   beginning
   *Reference: https://medium.com/wearekickback/kickback-at-ethny-lessons-learnt-d65a4741c543
   ● First commit May 7th 2016
   ● First release Sep 2016
   

   View Slide

7. The
   beginning
   ● First commit May 7th 2016
   ● First release Sep 2016
   ● 1 ETH staked 100% turnup
   *Reference: https://medium.com/wearekickback/kickback-at-ethny-lessons-learnt-d65a4741c543
   

   View Slide

8. The
   beginning
   ● First commit May 7th 2016
   ● First release Sep 2016
   ● 1 ETH staked 100% turnup
   ● Risk offset with flight delay
   insurance
   *Reference: https://medium.com/wearekickback/kickback-at-ethny-lessons-learnt-d65a4741c543
   

   View Slide

9. Case study
   ETH NY
   ● 300 RSVPs
   ● 92% attendance
   ● $11,504 staked
   

   View Slide

10. 2020
    ● 70 events since Devcon4
    ● Over 1500 people RSVP’d
    ● Avg attendance = >80%
    *Reference: https://medium.com/wearekickback/kickback-at-ethny-lessons-learnt-d65a4741c543
    

    View Slide

11. History
    ● First commit Apr 16th 2016
    ● Launched May 4th 2017
    ● Upgraded May 4th 2019
    ● Short name auction Sep 2019
    ● Migrated Feb 10th 2020
    

    View Slide

12. May 4th 2017
    ● 180k auctioned
    ● 168K ETH (64m euro)
    deposited
    

    View Slide

13. May 4th 2017
    ● Top domains
    

    View Slide

14. Challenges
    ● 7 days auction period
    ● 8K ETH lost (0.3%)
    ● No skin in the game
    

    View Slide

15. May 4th
    2019
    ● Permanent registrar
    ● Deposit => Rent
    ● 7 days -> 1 mn
    

    View Slide

16. Sep - Nov
    2019
    ● 50k bids
    ● avg 6 bist, 0.74 eth
    ● 7000 names
    

    View Slide

17. Sep - Nov
    2019
    ● 50k bids
    ● avg 6 bist, 0.74 eth
    ● 7000 names
    ● English auction viar
    OpenSea
    ● 15 names hacked but
    returned (eg. defi.eth)
    

    View Slide

18. Feb 2020
    ● Reported on Nov 8th
    2019
    ● On ENS Registry
    ● ENS.lll
    

    View Slide

19. Feb 2020
    ● Reported on Nov 8th
    2019
    ● On ENS Registry
    ● 16.9Mgas - 140 ETH
    ($25,200) to migrate
    

    View Slide

20. - Incentive design
    - Sustainability
    - COVID-19
    Challenges
    

    View Slide

21. Incentive
    Design
    ● How to encourage more
    sign up?
    ● Party crashing
    ● Check-in accident
    

    View Slide

22. ● Can’t be evil ⇔ IP
    ● Open source ⇔ $$$
    ● ICO ⇔ Business Model
    Sustainability
    

    View Slide

23. 1. Fee per attendee
    2. Interest from staking (planned)
    3. Contribution fee (planned)
    4. Event services (planned)
    Business model
    

    View Slide

24. - Events get cancelled
    - Transition to online events
    - Bring Crypto + VR to the masses
    COVID-19
    

    View Slide

25. - Gateway to Crypto
    - NFT
    - Virtual & Digital Space
    - Skin in the game
    From challenges to opportunities
    

    View Slide

26. Challenges
    ● Adoption
    

    View Slide

27. ● Adoption
    ● Competitions
    Challenges
    

    View Slide

28. ENS + DNS
    Rent ($5/y~)
    .eth
    Free
    .xyz
    .luxe
    .club
    .kred
    .art
    

    View Slide

29. ENS+DNS+NFT
    ● .kred
    ● DNS on IPFS
    ● Ethereum as first class
    citizen
    

    View Slide

30. View Slide