CIYAM core coder is on vacation for 10days; Team looking at competition in the interim
Looked at Counterparty’s port of Ethereum
Contacted Counterparty about their design – told us we are free to fork but no further support offered
Began researching Ethereum, contacted Vitalik Buterin about creating a token [asset] on the Ethereum network that is used to power a DApp written by the team which delivers a decentralized marketplace on the Ethereum network.
Need to scope out full requirements for a DApp and then speak with Vitalik again to get a realistic idea of capabilities/effort and timeline- continuing to investigate this route
Need to do some additional research on Auger and how they handle service fees within their DApp
SYS2 could possibly be a dividend-paying asset that pays out a % of all marketplace listing fees to SYS holders (and fees from future team apps).
SYS2 is ready for AT integration and AT still has many advantages; development is continues; Dan working on getting his dev env setup w new core
SYS2 could also be a dividend under the AT model OR mined (unlike ETH model)
Need to get community opinion/feedback on AT [platform] v. ETH [asset+DApp(s)]
Planning to raise funds for expedited SYS2 development and continued support
Syscoin 1.5.2 “shade” Wallet Release and Hard Fork
Rather than discarding fully working-and-tested decentralized marketplace code team will release this to provide community with more useable decentralized marketplace
Includes very basic marketplace functionality in-wallet:
> List Item
> Edit Item
> View Your Items for Sale
> Lookup Item
> Purchase Item
Peg Item priced to BTC (possibly fiat, TBD design being discussed)
Improvements to Item and Alias listing duration
Improvements to Item and Alias fees
There aren’t currently plans for a marketplace “browser” within the wallet beyond thesearch by GUID feature but there will be a generic marketplace browser hosted at market.syscoin.org. The marketplace will be censored for content by default (test listings, empty content, etc) on the team based website but there will be a toggle to optionally show all content.
Blockmarket 1.0 will be launched alongside 1.5.2-shade; Blockmarket 2.0 will be launched on top of SYS2 and will leverage SYS2’s extended functionality such as linked offers (referral offers), offer refunds, escrow, etc.
Targeting release within 2-3 weeks, need to add UIs to wallet, complete item pegging and coordinate hardfork (will still be working on SYS2 in parallel)
Keyare and MwheelerUK are now officially working with the marketing team and will be helping in marketing initiatives around SYS and the new token (SYS2 atm)
Need to have a lot of items on Blockmarket for 1.5.2-shade launch even if they aren’t from big box retailers, just some small shops would still be beneficial (sexy stuff, reach out to sigwo about piStaker, etc).
Making sure where also have a twitter bot for posting of items newly listed to Blockmarket