Hacker founder using ai to coordinate onchain economies /tenfold, nounish channel client /comint

More: rubinovitz.com

I've seen a few people mention that "the auction is offchain," but in fact all the auction mechanisms are in a smart contract that handles bidding, escrow, refunds, and settlement. Similar to Nouns, Zora Auction House, and Mirror.

Bids are authorized with an offchain signature in order to limit participation to Farcaster accounts. (At least for now). But the mechanism and logic are transparent and onchain.

Has been fun to revisit an old idea (ascending escrowed auction with refunds) with cheap gas and much better tech on the frontend.

I've seen a few people mention that "the auction is offchain," but in fact all the auction mechanisms are in a smart contract that handles bidding, escrow, refunds, and settlement. Similar to Nouns, Zora Auction House, and Mirror.

Bids are authorized with an offchain signature in order to limit participation to Farcaster accounts. (At least for now). But the mechanism and logic are transparent and onchain.

Has been fun to revisit an old idea (ascending escrowed auction with refunds) with cheap gas and much better tech on the frontend.

https://github.com/farcasterxyz/collectible-casts/blob/main/src/Auction.sol

I work at the posts office

terminally.online

Some directions it could go from here:

1. Try new auction parameters and mechanisms. Reserve price, bid-to-earn, splits, etc.

2. Extend bidding to other Farcaster apps or open auctions to the public.

3. Move metadata more fully onchain. Pin on Snapchain, store on IPFS, put raw message data in events/bytecode.