My name is Caleb Applegate and I'm the
Chief Operating Officer here at Enjin, and I'm joined by Witek Radomski, our CTO and
Co-founder. Hey Witek! Hey guys! Awesome, so we're here with another update to keep our community
informed with the latest Enjin news. So Witek, you and I have talked a lot this week just
about everything we have going on here at Enjin, and as it turns out, we're working on a lot,
yes? Oh yeah, yeah it's lots in progress, it's building a whole ecosystem right?
Right, so I'm just going to list off a few of our core products that we have, we've been working
on these – yo know we've got JumpNet, we've got Efinity our cross-chain highway that we're building
We've got our Beam tool, we've got the new wallet that we've redesigned from the
ground up. We've got our new marketplace NFT.io. I know that you're working on staking,
you're working on a Paratoken Standard. I mean there's a lot here. The bottom line
is Enjin is working around the clock. And I know that you and Lukasz have
a very active development team, we're super appreciative of all the work that you
guys are doing, again around the clock non-stop. But you and I this week we had to take a beat for
a minute because while there's so much going on it's our responsibility to make sure that
we're delivering on our core products. And so to that end, I thought just talking with
you earlier today, that it would be really proper for you and I to give our community an update
on our product priorities.
Because there's so much at any given time that we're trying to
tackle. We've kind of narrowed it down to four primary core products for Q4 that the community
can anticipate that we will be delivering. So I wanted to take a minute and just talk about these.
So first, JumpNet. Talk to me about where we're at with JumpNet and what the community can expect
in Q4. Sure, so JumpNet is, it was initially launched as a simple way to beam and do things for
free with an EVM, but after talking to our early adopters last week we realized that we actually
need to support smart contracts.
Early adopters, and game developers, and everyone actually wants
to use it as a full network, so we are currently working on enabling smart contracts, building
better bridges, and making JumpNet fully capable for larger use cases, so that's coming this next
quarter. Got it, okay. And Beam. Beam is another very important tool, we are using Beam – but talk
to me about where this product is headed. Yeah, Beam is an amazing way to basically deliver an NFT
to anyone by letting them scan a QR code.
So we're having people like Microsoft use it, we're having
promotional opportunities with game developers, but we realized that we need to scale it so our
first step with Beam is we actually just brought it up to around 100,000 NFTs that can be dropped
in one campaign, but we're now seeing that we need possibly millions in campaigns. So the first step
is scaling it up to allow that and the next stage after that point will be to open it up to the
public, make it a full self-serve system so once you have your NFTs you have your project,
now you can start distributing them using Beam. Awesome, that's amazing! And kind of coupled
with that is our wallet, right? This is very very important.
This we've built from the
ground up, rebuilt I might add. Talk to me about where we're at with the Wallet. Yeah I mean
it's not taken lightly how difficult it is to take a successful mobile app like the Enjin Wallet
v1 and redo it from the ground up, I mean there's three or four years of work put into the original
one. So we realized that we're now going into multi-chain, we're going to be supporting
Efinity and Polkadot and that ecosystem. We want social features, we want a lot of a lot
more things that people can do with the wallet. So we've been working on v2 hardcore, we've increased
our mobile development team and that's something we really want to deliver this next quarter,
and that will tie into things like staking so they'll allow people to do that directly through
Right, right, and again our community can anticipate each of these dropping in Quarter
4 of this year. Lastly, I want to talk about our marketplace, NFT.io. We've mentioned before
in past updates that it was our aim to release this in September but we've actually rethought
that a little bit. Do you want to kind of inform our community where we're at with development
and why we decided to push back a few months? Yeah the original NFT.io pre-launch was supposed
to be in September and the goal was just to, we had the core, the backend working
and we were going to build out these kinds of single campaigns for celebrities,
maybe one or two per month, with a very narrow interface for that. But as we started
working through this we realized that people actually need the full NFT.io, they need
to be able to relist items on the marketplace, they need multiple kinds of auctions and different
kinds of capabilities, and so we need a bit more time to get that ready.
We realized the best
course of action: move it to a little bit later this quarter, so we'll be looking at possibly mid-
to-late Q4 to launch the full NFT.io experience. Amazing! Alright, so again as our community
you can expect releases with JumpNet, Beam, Wallet – our new wallet, NFT.io. Also know
that at Enjin we're working on staking, we're working on the paratoken standard, we're always
working on Efinity, we have great progress there. And there are other things like our web wallet
that we're also developing. So all that to say: know that your Enjin team is very, very busy at
any given time and we are committed to our core mission of making Enjin fully synonymous with
NFTs and gaming.
This is our space – we love it, we're so passionate and excited about what we
do! And we just wanted to say thank you again to our community for your continued support
and your patience as we work diligently in developing these world-class
innovative products. Cheers!.