Stress testing Dapps (Kickback & ENS)

Transcript

2. - The beginnings - The Challenges Topics
3. Kickback Commit ETH/DAI to attend / Distribute no-show commitments
4. Kickback Commit ETH/DAI to attend / Distribute no-show commitments
5. The beginning • London Ethereum Codeup • Started 2016 Apr • Guest speakers includes ◦ rDAI ◦ Chai ◦ 3box ◦ Monolith ◦ Aztech ◦ Oraclize/Provable ◦ ENS
6. The beginning *Reference: https://medium.com/wearekickback/kickback-at-ethny-lessons-learnt-d65a4741c543 • First commit May 7th 2016 • First release Sep 2016
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
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
9. Case study ETH NY • 300 RSVPs • 92% attendance • $11,504 staked
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
11. History • First commit Apr 16th 2016 • Launched May 4th 2017 • Upgraded May 4th 2019 • Short name auction Sep 2019 • Migrated Feb 10th 2020
12. May 4th 2017 • 180k auctioned • 168K ETH (64m euro) deposited
13. May 4th 2017 • Top domains
14. Challenges • 7 days auction period • 8K ETH lost (0.3%) • No skin in the game
15. May 4th 2019 • Permanent registrar • Deposit => Rent • 7 days -> 1 mn
16. Sep - Nov 2019 • 50k bids • avg 6 bist, 0.74 eth • 7000 names
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)
18. Feb 2020 • Reported on Nov 8th 2019 • On ENS Registry • ENS.lll
19. Feb 2020 • Reported on Nov 8th 2019 • On ENS Registry • 16.9Mgas - 140 ETH ($25,200) to migrate
20. - Incentive design - Sustainability - COVID-19 Challenges
21. Incentive Design • How to encourage more sign up? • Party crashing • Check-in accident
22. • Can’t be evil ⇔ IP • Open source ⇔ $$$ • ICO ⇔ Business Model Sustainability
23. 1. Fee per attendee 2. Interest from staking (planned) 3. Contribution fee (planned) 4. Event services (planned) Business model
24. - Events get cancelled - Transition to online events - Bring Crypto + VR to the masses COVID-19
25. - Gateway to Crypto - NFT - Virtual & Digital Space - Skin in the game From challenges to opportunities
26. Challenges • Adoption
27. • Adoption • Competitions Challenges
28. ENS + DNS Rent ($5/y~) .eth Free .xyz .luxe .club .kred .art
29. ENS+DNS+NFT • .kred • DNS on IPFS • Ethereum as first class citizen