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Posts posted by Nifty Horns
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5 minutes ago, Xminus6 said:
You need any help on graphics and animation?
Going to shoot you a PM. Help with graphics/animation and front end development (js/react) would be much appreciated
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4 hours ago, gyroprotagonist said:
so it's not on Eth blockchain?
looks cool and it's about time we embraced this an an NIL staple with the players. more and more athletes are getting into NFTs.
Correct, we're building on Flow rather than using an ethereum marketplace. It's just a lot more scalable
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17 minutes ago, BurntOrange&White said:
Are you that guy who was arguing with that ww mclyde guy on it?
I don't know what you're referring to so I don't believe so
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Heard about this thread elsewhere on surly, thought y'all would be interested
I'd be interested to hear your feedback as people that are in tune with the NFT world
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Ok, separate thread is a go for those that are interested
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6 minutes ago, SydneyCarton said:
Keep going. Y’all need investors?
Potentially. Overhead is low (we're not taking a cut currently) so the only driver for outside funding would be to accelerate the addition of players (i.e. to cover their signing bonuses). I do have one source for that but I'm open to talking about other options.
4 minutes ago, LarryMoeSurly said:I'm interested in what you're doing. Maybe we can start a new thread where you can go into more depth and update us with who you sign?
I had been thinking about doing this. Happy to share more details and it would be great to have another place to get feedback on designs and stuff. We have a discord for that currently but it's my understanding that some people have lives away from their computers.
I don't have 100 posts so I can't access the NIL talk forum. @immamac could you hook me up?
4 minutes ago, SydneyCarton said:Also, are you sure that existing nfts expire at the end of a player’s tenure? My read on that is you couldn’t produce new NFTs using UT logos, not that they couldn’t still get a piece of the sale of something that technically they light own.
The contract can't extend beyond their participation in the program. So for us, when a guy leaves the program, we stop producing new NFTs of them, using them for marketing, and pay out any unpaid royalties. Peer-to-peer sales continue, but the contract is terminated. It would get unruly keeping up royalty payments for thousands of guys after a couple years anyways, but I do have some ideas for alternatives. That's something for the other thread.
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12 minutes ago, LarryMoeSurly said:One also very cool thing about NFTs, and how they could entice players to sign on to a team with a good NFT platform, is that they can create the smart contract to where anytime the NFT is resold the player gets a percentage of that sale. So for example, say Bijan blows up in the NFL and one of his rare NFTs sells for $50,000 five years from now, he would get a percentage of that resale.
Yep, our players get a signing bonus, royalties on primary sales, and royalties on re-sales.
Unfortunately, NIL contracts have to expire when players leave the program. We're exploring workarounds so that guys can still benefit after leaving campus.
ETA: I don't mean to clog up this thread but I trust y'all will tell me to stfu when the time comes.
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16 hours ago, RGBIII said:That's a pretty sick edit. We just announced our first player signing this morning - Ivan Melendez. The football guys have been harder to get ahold of, though I see that Bijan has an email in his insta profile now so I'll reach out. I don't really consider other NFT projects as competition (more on that below) so good for him.
2 hours ago, Michael Knight said:I don't think anyone on earth is qualified to explain what an NFT is or why it is
This is the slide from our proposal to players/agents that we use to explain NFTs. It's simplified but that's the gist of it.
This is the NFT video explanation and blockchain video I link in there.
2 hours ago, NoName said:This is all super general. Im giving examples that are sporting card ish adjacent. Same concept works for artwork NFTs though.
Basically this is a trading card (Non fungible token) that lives on the block chain instead of in your hands. You "own" it, it lives in a crypto wallet you control and only X are minted of each one. You can sell them, hold on to them or lose access to your account and lose them lol
Some are more rare than others, in this case the Bijan has a 1920? commons, 100 rare and 1 epic.
Bitski/Candy is significantly behind Dapper Labs/Top Shot when it comes to basically anything from the actual NFTs to marketplace to fully baked concept. This is basically just some digital moving shit With his signature vs TS which is a specific play from the season with the actual footage of said play.
It's not like I'm planning on passing this down to my grandkids but it's a cool thing to have.
We're developing on Dapper Labs's blockchain, Flow, because NoName is right when he says it's way ahead of the pack. They have Top Shot with the NBA and just announced a new partnership with La Liga to create a similar project. We're having to build our app from scratch but I think it will be worth it.
I don't want to get too technical, but Flow is just the best blockchain option for NFTs. If you want to buy a $20 Bijan card from Candy, you could end up paying a $30+ blockchain fee to do so and then wait a couple hours for it to appear in your wallet. Once we get up and running (in about a month hopefully), you'll be able to buy packs for $5-20, all taxes and fees included, and it should be processed quickly.
That's why I don't consider other NFTs as competition. We'll have a scalable platform for all Texas players, not just the stars. Our royalty % for players is 2-3X what leagues like the NFL and NBA get for licensing deals (and will rise once we can build some capital). Our license is non-exclusive, so guys like Bijan are free to sign other NFT deals that might have higher price points like Candy. I consider those products to be more analogous to signed jerseys whereas ours are more like traditional trading cards - affordable, scalable, and inclusive. And we have plans for gamification so that you actually interact with your NFTs and they have value beyond sitting in your collection.
51 minutes ago, Hank_Hill said:Thujone could make a killing in the longhorn NFT game
I haven't reached out to him yet but this type of NFT content is something we have discussed
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Hey y'all, hope that it's ok to post this here
My main account is a surly 10% member (with no CR rep inflation!) and burnt ends member but I wanted to have a level of separation for this
I've been working on an NIL project of my own and we just launched this morning: niftyhorns.com
I've spoilered a longer explanation but the tl;dr is that we're creating digital trading cards for Texas athletes. We'll be starting small but eventually it'd be great to include as many student athletes as possible. And our pack structure is going to allow for everyone to make money, from the stars to the walk-ons to non-revenue athletes
Appreciate y'all checking it out
SpoilerHey, y'all!
With the football season kicking off tomorrow, both /u/Ndrul and I wanted to finally unveil the NIL concept that we have been working on and teasing for the past several weeks.
NIFTY HORNS
In short, Nifty Horns is an NFT mint and storefront designed to support student-athletes at the University of Texas by way of the sale and resale of digital trading cards now that the NCAA has allowed for players to profit off their name, image, and likeness.
Hold on. What's an NFT exactly?
Well, I'm glad you asked. "NFT" is an acronym standing for "non-fungible token". NFTs (AKA "nifties") are digital assets minted and traded on the blockchain. The blockchain ensures that every asset purchased and traded is backed with unalterable metadata to verify that every NFT you own is authentic and truly yours.
In the case of Nifty Horns, these digital assets will come in the form of digital trading cards similar to the "trading cards" the Fire Steve Sarkisian Podcast (née Fire Tom Herman Podcast) used for commitment announcements during the 2021 Texas football recruiting class.
You said the cards would be similar to that one you linked. What do they actually look like?
Our asset lineup will be constantly evolving and iterating, so these designs are by no means final, however our initial packs will be made up of cards using this template which currently features the members of our Nifty Horns development team. You may also note that these have different backgrounds for each one. Among others, these are good examples of different rarity tiers that can be collected for each card and player.
Fun Fact: /u/Ndrul would not let me use a much more amusing picture of him in college for his card advertising on behalf of Costco's Kirkland brands. Buzzkill.
How do I know this blockchain thing will work?
Nifty Horns is built on Dapper Labs' Flow blockchain, the technology that supports and maintain's the NBA's wildly popular Top Shot NFT program. By building on the same technology, we can be certain Nifty Horns will be reliable and secure.
By the way, the NBA Top Shot NFT program generated more than $700 million last year. We know we aren't gonna sell that many NFTs (probably), but it's still an exciting space to be a part of.
So how do the players get paid through all of this?
There are three ways that players will earn money through Nifty Horns. The first way the players get paid is with an upfront payment from Nifty Horns to secure rights to their NIL in order to create the card(s). The second way will be through the revenue generated by initial pack sales. The final way is only made possible thanks to blockchain technology, and that is through royalties generated by cards being resold. Because the blockchain is able to track all assets and all sales of those same assets, creators of NFTs can receive royalties via third-party sales of those assets. Players can directly benefit from these resale royalties. Our hope is that our product will be enticing enough that a robust collection and resale community arises to keep money flowing to the players throughout their playing careers at the University of Texas.
Which student-athletes are participating?
We're not quite ready to share that information yet, but we will be unveiling that roster in the weeks ahead. Our primary focus this fall is football players, but we hope to grow to many (if not all) other sports at Texas in the coming months.
Great. When do you launch?
Our current target for the first pack launch will be the week of the Red River Shootout on October 9th.
What can I do to keep in touch with Nifty Horns?
You can follow us on Twitter at @NiftyHorns.
If you have any other questions, feel free to say hi and talk to us about our plans at the /r/LonghornNation tailgate tomorrow! Thanks for reading! We can't wait to share more with you in the very near future!
Hook 'em!
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Posted
FWIW we want to have something like this built in to our platform eventually