20230701 INTERCHAIN JAPAN x Mycel

Transcript

1. A Name Service Infrastructure
2. What is mycel? • Resolves: ◦ Website ◦ Wallet addresses (Ethereum, BTC, Cosmos, etc…) • Over: ◦ Domain Name Service (DNS) ◦ Inter-Blockchain Communication Protocol (IBC) ◦ Smart contracts on supported chains (Ethereum, Polygon, etc…) 2
3. Problem 3 Multichain wallet management is complex
4. Solution 4
5. Other Problems • Interoperability ENS: is unable to be resolved on other chains directly. Handshake: does not support direct communication with other blockchains. (Decentralized DNS) • Censorship Risks Many dApps rely on domains managed by ICANN/IANA, making them vulnerable to censorship by governments. • Unclear Use of Registration Fees Most of wallet name services built on smart contract doesn’t use their revenue for validating/resolving domain names. 5
6. Compare mycel and other name services 6 mycel ENS Handshake .bit Stargaze Name Governance mycel network Smart contract Handshake Chain （PoW） Smart contract Stargaze chain EVM wallet support ⚪ ⚪ × ⚪ × IBC wallet support ⚪ × × × ⚪ Solana wallet support ⚪ × × × × Aptos/Sui wallet support ⚪ × × × × DNS ⚪ × ⚪ ⚪ × Payment method $USDC （add other coins soon） $ETH $HNS $ETH or $DWEB $STARS Decentralization ⚪ △ ⚪ × ⚪
7. Value By Utility 7 Ethereum Polygon Doge Bitcoin Value by brand Value by utility All EVM Chain(Ethereum, BNB Chain Polygon, Avalanche, Arbitrum, Optimism, INTMAX…) All IBC Chain(Cosmos Hub, Osmosis, Axelar…) All Move Language Chain(Aptos, Sui) Solana DNS etc…
8. Top Level Domain Registration 8 .coinbase .softbank .dydx .klima Stake $MYCEL and register… Use as Multi-chain Community management tool (DAO, NFT, DeFi, Businesses)
9. $USDC (Revenue share) Top Level Domain Registration 9 Sell/Give domains Sell “.cel” domain $USDC Community mycel Community
10. Incentives Registration fees distribute to validators as reward for managing domains. 10 Validators Delegators Registration fee
11. 2 11 Usecase
12. 1. Improve CEX UX 12
13. 1. Improve CEX UX 13
14. 3. Multi-chain Community Management Tool 14
15. 3 15 Demo
16. Demo 16 Omochi.cel is connected Ethereum, Polygon and DNS (https://dashboard.mycel.domains/resolve?name=omochi&parent=cel)
17. 4 17 Features
18. Interoperability mycel supports name resolution over IBC and smart contracts on other chains. 18 mycel Name Service Contract (NCS) on Other Chains Other IBC Supported Chains Resolve Resolve
19. Integrate with Other Name Services By integrate mycel with other name services, It is possible to resolve their name from other chains. 19 Other IBC Supported Chains mycel NSC Integrate ENS Contract mycel foo.eth 0xfe..9
20. 20 Node as DNS / IPFS Gateway Each node on mycel manages domain records and serves DNS servers Node + DNS / IPFS Gateway my.cel? IPv4: xxx.xxx.xxx.xxx
21. 4 21 Roadmap
22. Roadmap 22 2023Q1 2023Q2 Devnet release 2023Q3 Testnet release 2023Q4 Mainnet release 2024Q1 Product - Support domain registration - Support resolution via DNS and RPC - Support EVM - Support Bitcoin - Support Aptos/Sui - Support Solana - Release mycel Typescript SDK - Release mycel dashboard Product - Release TLD registration / Staking - Support CosmWasm Product - Support resolution via IBC and EVM - Support ICP / IPFS Gateway - Domain name presale (NFT) Product - Product roadmap - Design Architecture - Build NFT store - marketing roadmap - 1st domain pre-sale