ERC20R and ERC721R: Theft Reversibility on Ethereum
Blockchains are meant to be persistent: posted transactions are immutable and cannot be changed. As a result, when a theft takes place, there are limited options for recovering the disputed transaction, and this has led to significant losses in the blockchain ecosystem. In this paper we propose token standard extensions of ERC-20 and ERC-721 with support for recoverability.With these new standards, a transaction is eligible for reversal for a short period of time after it has been posted on chain. After the dispute period has elapsed, the transaction can no longer be reversed. Within the short dispute period, a sender can request to reverse a transaction by convincing a decentralized set of judges to first freeze the disputed assets, and then later convincing them to reverse the transaction. Supporting recoverability in the context of ERC-20 and ERC-721 raises many interesting technical challenges. This paper explores these challenges and proposes a design for our ERC-20R and ERC-721R standards, the reversible versions of ERC-20 and ERC721.
Jan Ruettinger, Jan Damm
Dataleap is a fully managed data warehouse for web3. We reduce the time needed to build customized data pipelines from weeks to minutes. More info coming soon...
Small Brain Games
Anonymous Small Brain
Small Brain Games builds games that are: 1. Are open source and fully on-chain 2. Are for anybody–not just crypto-native users 3. Are about persistence and composability (less so than ownership) The first game is Words3, a PvP word game on Optimism. See results at: LINKwords3.xyz/statsLINK Why are we doing this? There’s a tension present in web3 go to markets–it’s easier to get early adopters/people excited about the tech, but every “proven” go to market (tokens, pfp drop, etc.) have misaligned incentives. The best way to figure this out is to do the opposite–get as many promising shots on goal as possible.
Sara Abdali, Erfan Rostami
While executing large trades, there is often a high amount of slippage. As these orders get close to completion, the swap price increases drastically, and therefore the trade ends up being expensive and capital inefficient. Additionally, with large trades on the blockchain, the security risks are heightened as nothing is reversible. ConvexSwap solves both of these problems by streaming the trade over time. The stream cannot only be stopped at any time for security purposes, but also prevents a price shock on the exchanges and ensures that there is time for liquidity pools to revert to their average volume, so slippage will be lower. While streaming leads to price impact, it increases the gas fees as multiple transtaction happen to complete the trade. This leads to a convex cost function for any trade that can be solved for deterministically. Our trading platform solves for this optimal value of streaming time with lowest slippage and gas fees.
Jongwon Park, Yuma Tanaka
For a typical NFT project, once art is generated from traits and minted as an NFT, not much happens with the NFT’s art. Nordle is different, it’s interactive with a rewarding mechanism for larger collections. Newly minted NFTs contain simple phrases like "unicorn", "this", or "happy". These phrases are then used as prompts to OpenAI's DALL-E to generate the corresponding image. Once the user acquires two or more Nordle NFTs, she can combine the NFTs to produce a new Nordle NFT! If the user owns a “unicorn” NFT and a “happy” NFT, she can call our contract to combine the words in the desired sequence, generating a new random image with the newly combined words. Now the user gets the “happy unicorn” NFT (or “unicorn happy”) and burns the old NFTs (the record is still maintained). This process can be repeated infinitely to fully reap the benefit of DALL-E while rewarding the collection of cool and/or transitory words!
"A cornerstone of Outliers is our 10-week, summer program designed to educate and empower exceptional young builders in crypto."
The Outliers part-time summer program serves as the launchpad for new Outliers entering the community. We facilitate education and mentorship from top industry leaders that teach you how to build and scale the next Web3 breakthrough. By the end of this program, you will have a solid foundation in both crypto AND entrepreneurship.
~20 Builders Fom Around the World
June - August 2023, Tuesday & Thursday from 5:00-6:30pm PT
Learn(week_0 - week_3) + Build(week_4 - week_9) + Retreat(week_10)
Sessions + Reading + Assignments + Final Build Project
"The best part about Outliers is the A+ community of like-minded builders who are continuously pushing the bounds in crypto."
The summer program is just the beginning of the Outlier experience! Outliers is run as a collective between Floodgate, Standard Crypto, and the Outliers. Therefore, we ask all new Outliers to make a 1-year commitment to stewarding our community until passing the torch to the next cohort🔥
Building Community Projects
New cohort NFTs, community mgmt tools, DAO bounties, etc.
Marketing, Design, and Content Generation
Owning @outlierdao twitter, writing about Outliers projects, etc.
Organizing meetups, finding speakers, internal DAO comms, etc.
Outreach materials and planning, application review, etc.
Surfacing interesting new companies, leading study groups, etc.
Personal bonds make the difference
The single most important thing for us is forming a tightly-knit community. We will support you on your bold, audacious journey to change the world. This is the place where you can be vulnerable, ask for help, and be supported unconditionally.
The community and mentorship of Outliers impacted my life in two major ways: 1) relationships with bright, wonderful minds that’ll last for decades to come, and 2) self-realization of what I want in life: using my strengths to make real impact and pursuing a life full of learning + building.
July 28, 2021
The Outliers program by the Floodgate team has been a life-changing experience for me. I came in expecting to learn what paradigms will change with the emergence of web3 and how building a company in that space is different. I left with much more - a new group of friends I am still collaborating with to this day.
August 07, 2022
Outliers has been a magical program that pushed me to think deeply about my potential as a builder. The Floodgate team has a unique way of aligning young builders from different perspectives to work on the most stimulating and pressing problems that are out there. The structure of the program was invaluable: no other fellowship involves picking a single topic (crypto), forming a close community around it (Outliers), and diving as deep as possible in its technical nuances.
August 05, 2022
Simply put, I’ve never been part of a program where the organizing team cared so deeply about each individual. They did an incredible job creating a cohort of world-class, humble builders who Im now delighted to be able to call my friends. The Outliers program has given me the confidence to continue to explore and build in crypto for the next 20 years.
Aug 10, 2021
Outliers fast forwarded my entire understanding of the crypto space. It’s one thing to learn about technologies by reading about them online and another thing to learn about them directly from the creators of said technologies. Truly shifted my mental paradigm on blockchain technology and its applications.
August 01, 2022
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