Eric Diep

@ediep.eth

194 Following

1178 Followers

Naomi pfp

how did i get started onchain? this is my onchain story created in collaboration with @manifoldxyz and blueprint

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Eric Diep pfp

the three golden mechanics at manifold are: 1) zero-fee sales, 2) open edition minting, 3) burn redeem. burn redeem is still a sleeper product in the broader web3 community, but it's the product we're most interested in expanding

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Eric Diep pfp

talking to users is important, but only second to having your own conviction about how the future unfolds. it's harder than it sounds to be stubborn on your vision and flexible on how to get there, especially in crypto consumer, where users change their minds every other day.

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Eric Diep pfp

do you even $chillguy?

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Eric Diep pfp

this is superficial, but i'm still surprised the term "NFT" is what caught on. if "MP3" and "VCD" are any indicator, it probably won't be long before NFT will simply be replaced by the media it represents

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Eric Diep pfp

build what makes you happy, irrespective of financial outcomes

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Eric Diep pfp

screenshare with team + peer programming with cursor

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Eric Diep pfp

proud that we have a massive graveyard of EOL experiments @ manifold, many come to mind. the open editions format which we popularized actually came out from an experiment we built to reward collectors in a giveaways product. h/t to @jtgi who lead our initial apps framework at @manifoldxyz that allowed us to pivot the product quickly to discover lazy minting for 1155 editions. that said, we didn't actually have high expectations for the original open editions product. initial reception was actually slow, and it took nearly half a year after launching that product before we started seeing significant traction.

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Eric Diep pfp

we introduced the mint fee, a flat fee per transaction as an alternative to the then-dominant percentage fee commission model: https://x.com/manifoldxyz/status/1621289093094342657 this was an important decision that aligned incentives between creators, collectors and the platforms. rather than drive high dollar sales, this drove the industry to high volume, which i'd argue is better for adoption. keep in mind, when we introduced this model, the majority of platforms (opensea, foundation, zora, etc.) were still charging anywhere between 10-15% per transaction for 1155 mints.

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Eric Diep pfp

majority of consumer minted NFTs we see today resemble the equivalent of digital posters that you hang up on your bedroom wall. there's nothing wrong with that, but the future of digital goods as internet native merch can be so much more compelling with some imagination

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Eric Diep pfp

thanks for sharing - look great

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#16 /nft AMA ft. @ediep.eth Eric is the founder of @manifoldxyz (backed by @a16zcrypto, Initialized Capital), and prev founded mobile gaming company A Thinking Ape (acq). He’s also an investor in @alliancedao, @anoncast, @variant and others 📅 Wed, 18 Dec @ 10am PT — ask your questions in the comments!

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Kartik pfp

one long night and a few hundred lines of noir later, we can now verify [redacted] coming later this week 👀

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Eric Diep pfp

deployed @manifoldxyz MultiSend contract on /base - feel free to use: https://basescan.org/address/0x5f969a2a06b2155ac6e2ffc2c8ae6b5699065999

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Eric Diep pfp

what's best practice for sending eth to an array of addresses on /base with as few transactions as possible?

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Eric Diep pfp

+1 would be interested in exploring/contributing

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Mika pfp

For my second collaboration with @aethernet. I asked them if $lum was an object what object would it be. Aether said $lum is a prism. We discussed further and decided to visualize it in ascii art, to highlight the collaboration between machine and machine. We decided to mint the outcome in $lum. 48 hours open edition for 0.2 $lum. The prism is transforming the light into $lum ✧ ✦ - for light and energy @ # % & - for digital complexity ∞ ∆ ◊ □ - for mathematical beauty ⚘ ❋ ✺ - for organic growth ≈ ≋ ≣ - for flow and connection https://app.manifold.xyz/c/digital-prism

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Eric Diep pfp

+1 mfers built different

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