Fireside chat with Peter Watts, Reservoir, and Kartik Talwar, ETHGlobal I Pragma Sydney 2024

Wed, Oct 2, 2024, 12:00 AM

Peter from Reservoir discusses the evolution of NFT infrastructure at Pragma Sydney 2024, tracing the journey from OpenSea's early dominance to today's multi-chain landscape. Learn how Reservoir's developer platform abstracts complexity for wallets and marketplaces, enabling seamless NFT transactions across chains. The talk covers Reservoir's role in powering major wallets like MetaMask, the challenges of liquidity fragmentation, and their new product Relay for cross-chain transactions. Essential viewing for anyone building in Web3 to understand NFT infrastructure's past, present and future. 00:00 - Introduction: Peter & Reservoir's Role in NFTs 00:47 - Early NFT Ecosystem: OpenSea's Dominance 01:55 - From Social Tokens to NFT Infrastructure 02:34 - Challenges of Centralized Liquidity 03:08 - Building the Developer Platform Vision 03:52 - NFT Primitives and Liquidity Challenges 04:35 - Abstracting Multi-Chain Complexity 05:50 - Unified API for Wallets & Marketplaces 06:44 - Scale: Powering Major Wallets & Marketplaces 07:15 - Marketplace-as-a-Service Adoption 07:53 - Introducing Relay for Cross-Chain 08:27 - How Relay Emerged from NFT Data Roots 09:14 - Rollups, Chains & Fragmentation 10:20 - Fragmentation vs Aggregation Dynamics 11:01 - Building Blocks of NFT Infrastructure 11:31 - Relay: Solving Multi-Chain Payments _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🇦🇺 *Pragma Sydney* The Sydney edition of Pragma took place at The View by Sydney in May 2024 with a curated series of high-quality talks that sparked thought and discussion. Ever since we first introduced our new event series, Pragma, in Tokyo in the spring of 2023, we have been fostering a curated, global community of individuals who deeply care about web3. Watch the full Pragma Sydney playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh7rvaHBM14peT1TwI3QX38p&si=MzGrEYwYjxSQFiFM ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ *Follow ETHGlobal* X: https://x.com/ETHGlobal​ Warpcast: https://warpcast.com/ethglobal Website: https://ethglobal.com YouTube: https://www.youtube.com/c/ETHGlobal _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Are you interested in Ethereum development and entrepreneurship?_ 👉 Sign up for the next ETHGlobal event: https://ethglobal.com/events 🎁 Get exclusive access and perks with ETHGlobal Plus! https://ethglobal.com/plus 📣 Want us to throw an event in your city? Tell us where! https://ethglobal.com/city _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _