One of the main barriers for minting pieces fully on-chain is their size, which on the Ethereum blockchain translates directly to money. As we know, in terms of provenance, and future preserving of NFTs, making a purely on-chain NFT is crucial, and it’s no coincidence that nouns are fully on-chain.
While most artists and devs would love to have their pieces fully on-chain, they can’t pay such a big price in eth, nor they should.
That’s why in my innovation incubator, GM420, we have developed an extreme loss-less compression algorithm that allows artists and devs to get much mor complex content on-chain.
A few examples - The first fully on-chain game that is inside an NFT was recently launched by us, in collab with gmoney, and we’ve compressed it from almost 1MB to 20KB - (https://opensea.io/collection/gmoney-brick-breaker)
We also took the pixeled cryptoadz and without a lot of effort we compressed each toad from ~15KBs to ~200Bs. This is huge, and can be done for GIFs, SVGs, text, code, and more.
We started with a simple game for showcasing our ability, but we want to take it to the next level, and we have a number of ideas that will both help grow the nouns brand, and will take the space forward.
We are currently developing a generative Super Mario like game, that will have a random noun on each NFT as the “Super Mario”, and the enemies will be Toadz (also random). We want to make many retro Nouns-themed mini games that will be stored entirely on-chain, as a decentralized arcade.
A compression API for minting platforms - one of the things we want to do most is to allow artists to put their art on-chain for reasonable prices, and thus having 100% provenance of their work. This will be on our standalone noun minting platform, or as an add-on to other minting platforms, but will take the space forward by miles.
We also want to showcase our compression by compressing nouns in a way that will be much smaller than they are now, and also to put Toadz completely on-chain.
Why is it beneficial for nounsDAO?
Well, I always see nouns as a perfect brand for retro gaming and I believe that creating a decentralized arcade on-chain with many noun-themed games would attract a lot of people and will grow the nouns brand.
Also, I believe that nouns should be the engine that takes this space forward and talks about new cutting-edge tech, and that’s a great way to do so.
What do I believe I need?
I want to make it the best on-chain compression tech that will become standard in this industry. Currently, our POCs were done by myself, 2 developer friends, and one artist, but to take it to the next level, I believe we will need 2 more devs, 1 marketing person, 1 game economy expert, and for that we need a budget.
I believe that it can be huge, and entirely change the space, and obviously, nounish branding will be prioritized in everything.
I believe that for compensation, servers, equipment, etc. I’d need a budget of 400 eth for getting a working platform and gaming system that will be noun branded and monetized after 1 year.
Would love your opinions about it before I propose it.