►
From YouTube: PEEPanEIP #86: EIP-5496: Multi-privilege Management NFT Extension with Allister Capati
Description
Topics covered
----------------------------
00:45 - EIP Introduction
01:15 - Guest’s introduction
03:42 - Presentation
03:53 - Agenda
04:25 - Abstract
05:02 - Motivation
07:46 - Examples
09:12 - EIP-5496 Overview
09:36 - Interface IERC5496
10:53 - Interface IERC5496 Cloneable
11:57 - Key properties
13:37 - Who would use an ERC-5496 token standard?
15:00 - Side by side
15:25 - About / Contact
16:02 - Q&A
17:28 - Talk a bit more about a favorite use case
20:38 - How do we distinguish Privilege Shareable NFT from a Fungible token?
23:00 - Any security considerations that a project implementing should consider?
24:53 - EIP status - when will it be ready for the ‘Last Call’
26:31 - Any real project implementation you are aware of?
28:46 - EIP status change timeline
29:57 - Discussion to place
31:08 - EIP authors Office hour
31:45 - Any feedback for the existing EIP process for ERCs
34:03 - Anything you would like to share with the Ethereum community
Resources:
-----------------
Proposal - https://eips.ethereum.org/EIPS/eip-5496
Discussion - https://ethereum-magicians.org/t/eip-5496-multi-privilege-management-extension-for-erc-721/10427
Slides - https://docs.google.com/presentation/d/1h3EMhR9tu5s5DG9tCYJZU_JHNsv8pmkQtR2BCZs2_Go/edit#slide=id.p
Demo video.- https://drive.google.com/file/d/1sHZ4M_fEJ7XrmsPhcjHBW17cza7g1mP-/view?usp=sharing
Google Docs - 01_wNFT_Business Owners.mp4
https://drive.google.com/file/d/1gT_ax9IfXBsWiStBYaEvxKLQ-Hi_umvL/view?usp=sharing
Google Docs - 02_wNFT_Consumers.mp4
Website is up on Testnet. - https://wnft.one/
ERCs Playlist - https://www.youtube.com/playlist?list=PL4cwHXAawZxqXee9EMQDIEz2CslTnsW0K
PEEPanEIP - https://www.youtube.com/playlist?list=PL4cwHXAawZxqu0PKKyMzG_3BJV_xZTi1F
Questions for Guests - https://docs.google.com/forms/d/e/1FAIpQLSdsmujnH_ncIlSEJ23s9jzXAKwfpTGNeJqjREWPloBbkJVQTA/viewform
Check out upcoming EIPs in Peep an EIP series at https://github.com/ethereum-cat-herders/PM/projects/2
Follow at Twitter
-----------------------------------------------
Allister Capati @allisterc | Pooja Ranjan @poojaranjan19
Check out upcoming EIPs in Peep an EIP series at https://github.com/ethereum-cat-herde...
Contact Ethereum Cat Herders
---------------------------------------------------
Discord: https://discord.io/ethereumcatherders
Twitter: https://twitter.com/EthCatHerders
Medium: https://medium.com/ethereum-cat-herders
GitHub: https://github.com/ethereum-cat-herde...
Website: https://www.ethereumcatherders.com/
A
A
A
B
B
Some
of
the
things
we
did
were
launching
in-game
advertising
Network
did
a
strategic
deal
with
T-Mobile
HotSpot
to
get
PlayStation
Portables
online
and
after
that,
I
did
a
few
I'm
a
little
bit
of
a
serial
entrepreneur
and
launched
a
mobile
social
network
made
a
few
Google
and
apple
featured
apps.
And
what
brings
me
here
today
was
my
foray
into
blockchain
and
web3,
and
it
was
really
just
kind
of
a
light
bulb
moment,
just
as
it
has
been
for
a
lot
of
people
of
wow.
B
This
can
really
drive
more
equitable
outcomes
using
technology
than
ever
before.
Right
we
talk
about
like
a
user-owned
web
and
and
this
technology
just
has
so
much
promise
and
of
course,
like
me,
just
kind
of
being
the
entrepreneur
at
heart
that
I
am
I
just
jumped
right
into
it.
Did
a
few
nft
projects
to
play
around
and
really
wrap
my
head
around
the
whole
system
and
and
the
whole
process
played
around
with
some
of
Summer
protocol.
B
Labs
is
ipfs
and
other
protocols,
because
I
was
just
a
big
fan.
Even
just
did
some
thought
experiments
around
Dows
so
more
relevant
for
today.
Obviously,
a
big
fan
of
ethereum
and
the
whole
EIP
process
and
super
happy
and
grateful
to
be
here
with
the
catheter
community
and
new
Puja
to
to
kind
of
talk
about
this
idea.
A
Sounds
good,
it
looks
like
gaming
and
blockchain
goes
hand
in
hand,
and
we
will
probably
look
some
of
the
implementation
of
this
proposal.
I'm
hoping
it
is
coming
from
the
gaming
industry
itself
and
maybe
able
to
talk
a
little
bit
more
about
the
EIP
process
with
you
so
beginning
the
talk,
let's
just
jump
in
to
the
proposal.
Let's
deepen.
B
What
we'd
like
to
propose
is
something
that
is
something
for
real
world
utility,
so
EIP
5496
proposes
a
standard
for
holding
multiple
privileges
for
a
given
nft
and
the
ability
to
reward
several
end
users
with
similar
privileges.
Let
me
talk
about
the
motivation
behind
that,
so
in
2021
you
may
go
to
a
site.
Maybe
it's
an
open
C!
You
see
some
artwork
that
you,
like
you,
see
a
profile
pic.
You
like
you,
may
go
ahead
and
buy
that
and
claim
ownership
of
it.
B
B
There
was
the
board
apiat
club
collaboration
with
Adidas,
and
recently
there
was
for
New
York
Fashion
Week,
the
web
2
payment
company.
After
pay,
they
did
a
collaboration
that
allowed
you
to
Mint
a
free
nft
from
your
favorite
fashion
designer
and
either
use
that
nft
to
be
able
to
go
to
a
real
life
fashion
show
or
maybe.
B
B
B
It's
multi-privilege
like
we
say
it's,
so
you
can
have
multiple
perks
or
rewards
associated
with
it,
it's
shareable,
which
will
go
into
more
in
a
second
and,
of
course
it
has
backwards,
compatibility
so
about
the
interface.
Let's
just
walk
through
it
quickly
there,
as
you
can
see.
There
are
three
events.
There
is
the
privileged
assigned
event,
so
this
is
emitted
when
the
current
holder
of
a
privilege
is
changed.
B
B
B
Let's
share
it
lets
you
share
a
privilege
as
clonable
and
others
can
clone
that
same
privilege.
So
a
quick
business
case
example
of
what
this
could
be.
Imagine
a
buy
one
get
one
promotion
from
a
local
business
or
a
Pizza
coupon
from
a
local
pizzeria
they're,
indifferent
to
how
many
people
get
this
particular
reward,
but
they're
also
happy
to
spread
it
out
as
much
as
they
can.
B
B
So
let's
go
into
the
Key
Properties
behind
our
protocol,
it's
multi-use
and
multi-privileged,
meaning
you
can
hold
multiple
privileges
to
that
nft
and
you
have
the
ability
to
use
that
same
privilege
in
multiple
occurrences,
so
think
of
exclusive
access
tied
to
an
nft
right.
So
in
my
example
of
The
Advocate
to
pay
New
York
Fashion,
Week
collaboration,
it
would
have
been
much
easier
to
just
do
this
on
chain
and
better
optimized
to
show
like
hey
person.
Xyz
has
access
to
this
particular
show.
B
This
would
be
a
handy
use
case
for
that
there
is
nft
privileged
leasing,
so
temporarily
transfer
privileged
rights
with
a
predetermined
expiry
and
then
so.
So
it's
essentially
renting
out
that
perk
or
award
as
as
seen
fit
and
backwards
compatibility,
of
course,
compatible
with
any
nft
that
follows
the
EIP
721
standard
so
who
would
use
this
potential
ERC
5496
token
standard,
let's
kind
of
go
through
the
ecosystem,
consumers.
B
Of
course,
if
we're
talking
about
a
web
3
driven
model
and
passing
down
the
value
directly
to
the
end
users,
the
consumers,
they
would
benefit,
as
as
we
went
over
Brands
and
also
influencers
and
creators,
they
they'll
have
a
new
tool
in
their
tool
belt.
With
the
added
capabilities,
Brands
will
be
that
are
able
to
interact
and
reward
their
most
valued
customers
through
special
offers.
B
Giveaways
special
events,
things
of
that
nature,
influencers
and
creators.
They
can
reward
their
most
loyal
users.
Excuse
me
followers
with
special
perks
and
access
and
for
dapps
and
developers
they
can
attract
incentivize
retain
users
through
these
same
special
events,
some
token
distributions
and
more
they
can.
They
can
have
a
little
more
flexibility
in
what
they're
offering,
especially
because
we're
talking
about
bringing
things
on
chain
that
have
been
to
this
point:
a
manual
process,
a
one-off
process.
A
Thank
you
so
much
Alistair.
That
was
a
nice
presentation.
Actually,
it
was
very
interesting
to
see
that
this
EIP,
probably
is
a
very
good
fit
for
existing
mainstream
project.
Generally,
when
a
proposal
comes
into
picture,
they
think
that
what
kind
of
projects
May
probably
implement
it
and
we
always
imagine
of
something
coming
up
in
future,
but
this
seems
like
this
has
a
lot
of
real
world
use
cases,
as
you
were
mentioning
yeah.
B
I
kind
of
wanted:
that's
what
I
meant
earlier.
I
want
to
try
to
introduce
some
of
the
things
I've
learned
on
the
business
side
of
like
what
are
kind
of
the
ways
we
can
connect
the
dots
and
really
be
that
bridge
between
what
we're
trying
to
build
here
as
part
of
web
3,
and
what
they're
doing
today
right,
because
I
think
it's
very
obvious,
they're
very
interested
in
this
right
nfts
as
a
conversation,
starter
nfts
and
the
idea
of
digital
ownership
as
a
means
to
really
seeing
Mass
adoption
getting
people
on
board.
A
B
Sure
so
we
walked
through
some
of
those
examples.
Right
of
I
I
was
a
big
fan
of
what
the
New
York
Fashion
Week
after
pay.
Collaboration
was
what
I,
neglected
and
forgot
to
mention
was
a
part
of
the
proceeds
from
that
collaboration
actually
went
to
non-profits
and
and
local
causes.
So
I
think
that
was
in
very
good
spirit
of
what
three
the
this
this
general
idea
of
a
within
within
the
code.
B
This
is
something
that's
knowing
what
I
know
is
is
very
close
for
Brands
and
businesses
and
agencies.
It's
it's
what
they
commonly
go
to
of
like.
How
can
we
make
something
exciting?
How
can
we
build
our
own
momentum
around
a
particular
campaign?
We're
trying
to
do
particular
idea,
we're
trying
to
do?
B
Let's
and
and
again,
it
goes
back
to
this
idea
of
nfts
as
a
driving
force
for
Community
and
using
that
to
really
kind
of
just
be
that
special
lever
right,
because
that
New
York
Fashion
Week
collaboration
to
me
it
was
a.
It
was
a
really
great
case
of
a
a
really
nice
nft
project
because
they
brought
together
the
idea
of
ownership,
the
idea
of
exclusivity
and
that's
tied
to
community
right,
because
you're
part
of
this
nft
mentioning
that
they
did.
B
A
Right
the
when
it
comes
to
set
privilege
I
was
thinking
like
what
kind
of
privileges
could
be
set,
but
when
it
when
we
think
it
from
gaming
point
of
view,
I
can
maybe
able
to
relate
the
different
privileges.
Those
are
there
all
right,
I
have
a
question
that
may
be
needed
for
clarification
here.
When
we
talk
about
shareable
nft,
and
here
it
is
multi-privileged
shareable
nft.
How
do
we
distinguish
that
from
a
punchable
token,.
B
So
imagine
just
being
able
to
keep
coming
back
to
like
video
game
examples,
but
you
know
like,
like
you
want
to
play
like
Zelda
or
something
imagine
how
great
it
would
be,
that
you're
playing
Zelda
with
someone
and
you
can
you
can
you
can
lend
your
sword
that
you
you've
worked
on
and
crafted
to
someone
else.
So
that's
that's
a
common
use
case
for
gaming
right.
We
already
talked
in
the
beginning.
B
How
gaming
is
where
you
know
gaming
is
going
to
drive
a
lot
of
adoption
of
technology
in
general,
especially
it's
no
different
for
web
3..
In
this
case,
when
we
talk
about
the
things
that
that
really
excite
us
about
Bridging
the
real
world
and
the
Digital
World,
imagine
someone
who
has
who's
been.
Let's,
let's
say
they've
been
giving
given
a
special
yachting
special
yachting
syllable
trip.
B
They
may
not
really
like
the
water,
maybe
they
get
seasick
but
because
of
their
nft
access.
They
were
given
that
that
ability.
So
if
we
share
that,
if
we
allow
that
to
to
be
passed
on
and
shared
almost
like
a
pass-through
to
someone
that
that
person
knows
in
real
life
that
maybe
they're
they're
a
big
nautical
head-
maybe
they're
really
into
the
Open
Water,
and
they
would
really
enjoy
that
right.
I,
don't
necessarily
want
to
give
my
nft
to
that
person.
A
B
A
C
Yes,
actually,
there's
you
know
sad
effect
and
because
the
this
EIP
just
brought
it
to
new
features
that
attached
to
the
ERC
731
and
yesterday
the
security
level
is
similar
to
the
gas
is
sometimes,
and
actually
we
did
not
check
anything
about
the
ownership
of
burn
or
just
I
mean
sometimes
for
your
privilege.
Instead
of
transforming
ownership
right.
B
C
A
A
Thank
you.
I
think
I
have
one
more
question
related
to
the
EIP
status.
Either
of
you
can
answer
that
currently
EIP
5496
is
in
review,
which
is
an
elementary
status
for
a
proposal,
and
a
proposal
can
live
in
this
status
for
as
long
as
needed
to
come
up
with
final
specs.
That
is
close
to
final.
If
not
final,
maybe
if
you
could
talk
a
little
bit
about
the
Readiness
of
this
proposal
to
step
into
the
next
status,
when
can
we
expect
seeing
this
proposal
into
the
last
call.
C
Is
the
change
of
status
to
the
last
couple
right
and
I
hope
you
can
give
some
more
services
we're
happy
having
feedback
from
for
any
developers
or
your
communities
right?
So
that's!
That's.
That's!
Actually
our
question
on
asking
you.
So
if
you
say
we
are
ready,
I
mean
to
move
to
the
last
record.
So
what
should
we
do?
I
mean
exactly.
This
is
the
presentation
right
after
this
presentation.
A
Yeah
right,
I
think
before
I
could
answer
your
question
here.
I
should
have
asked.
Another
question
from
the
team
here
is
about
the
implementation.
I
did
see
some
reference
implementation
in
JS
and
even
in
the
solidity
I
was
wondering
if
there
is
a
real
implementation
in
any
of
the
project.
By
any
chance,
you
guys
are
aware
of.
B
So
we're
making
a
demo
that
we
hope
to
have
out
on
the
test
net
soon
that
everyone
can
check
out,
play
with
and
and
give
feedback
on,
iterate
and
and
we're
very
much
looking
forward
to
that.
I
think
there's
the
cool
thing
about
like
these
new
projects.
Whenever
you
roll
out
a
new
technology
even
even
after
it
finally
hits
production
and
it's
actually
out
in
the
real
world
that
you
actually
don't
even
know
what
cool
things
can
even
just
kind
of
spring
up
from
it.
B
C
A
A
That
is
interesting
and
good
to
know.
Generally
speaking,
we
have
seen
a
proposal
backed
up
by
real
implementation,
has
more
chances
of
moving
towards
final
and
sooner
they
can
be
moved
towards
funnel,
because
people
have
real
implementation
right
in
front
of
there,
so
they
can
actually
feel
like
how
it
will
work.
So
if
there
is
a
demo
ready
and
if
you
would
like
to
share
it
on
testnet,
that
is
really
nice
to
have.
Probably
we
can
have
this
mention
on
the
discussion
to
thread
generally
speaking
out.
A
A
B
A
B
A
Right
to
hear
that
yeah,
actually,
yes,
we
would
like
to
have
discussion
at
a
central
place
where
people
know
that,
what's
going
on
both
the
body
who
are
developing
this
proposal
and
also
people
who
are
trying
to
implement
and
even
the
user
and
if
they
have
comments
and
thought
so
I'm
hoping
that,
after
the
release
of
this
episode,
we
are
going
to
add
it
over
there
in
the
fellowship
of
ethereum
magician
page.
Probably
people
will
follow
it
and
yeah
come
back
and
leave
more
feedback.
A
I
met
Felix,
my
first
Contact
for
this
EIP
during
EIP,
author's
officer,
EIP.
Authors
of
bizarre
is
a
bi-weekly
meeting
organized
by
ethereum
cat
hurdles
with
the
EIP
editor
Sam
Wilson
for
new
Authors
willing
to
document
standard
for
ethereum
blockchain
as
I
understand.
There
are
many
questions
that
may
come
up
to
a
new
author's
mind
when
they
are
trying
to
document
something
for
ethereum
standard,
so
I'd
like
to
have
some
feedback
from
Arthur's
point
of
view.
How
did
you
find
the
process
so
far?
B
Yeah
you're
someone
I
just
have
to
tell
you
real
you're
someone
who's
just
very
near
and
dear
to
me,
in
in
the
in
your
process
oriented
you
know
like
you're,
just
asking
for
feedback.
How
can
we
do
this
better,
then?
Just
thank
you
for
thinking.
The
way
you
do
it
I
can
see.
I
can
see
why
cat
hurt
is
is
very
aptly
named,
but
the
the
cat
hurting
group
has
has
the
perfect
person
leading
the
charge.
B
B
A
Thank
you.
Thank
you
for
the
feedback
yeah.
There
are
a
few
documents
around
the
process
and
implementation
of
the
process
that
is
being
followed
by
EAP
one,
but
we
cannot
have
everything
Linked
In
EIP,
one
though
we
will
try
to
make
sure
that
related
documents
are
more
available
for
people
like
we
have
documented
ethereum
catheters
have
published
a
few
blogs
on
EIP
statuses
and
showing
the
network
of
great
process
as
well.
That
is
relevant
for
Corey
apis,
not
for
ERC,
but
we
try
to
share
this
information
with
the
community.
A
A
B
Yeah,
thank
you,
Pusha
I
guess
just
to
wrap
up
the
thought.
First
of
all,
thank
you
for
watching
with
us.
We
had
a
few
Technical
snafus
and
like
kind
of
led
to
some
false
starts,
but
we
got
here,
I
think
more
than
never
nfts
to
Echo
an
earlier
Point
entities
are
really
becoming
about
intent
and
identity
and
when
I
think
of
a
singular
tool
that
I
could
Bridge
the
real
world
and
the
digital
world
nifties
to
me
are
are
the
perfect
tool
for
that.
B
Here's
who
I
am
here's
what
I
like
here?
Who
here
is
who
I
am
in
the
digital
world
and
guess
what
I
like
to
do
a
lot
of
the
same
things
in
the
real
world
and
I'm
interested
in
the
same
things
in
the
real
world.
So
we
believe
our
proposal
is,
is
a
great
way
to
really
help
bring
that
one
step
closer
and
thank
you
very
much
for
everyone
for
just
hearing
us
out.
A
A
We
appreciate
your
contribution
on
this
note
for
our
viewers
and
listeners
thanks
for
following
The
Proposal
with
us.
Should
you
have
any
further
questions
share
it
with
authors
on
the
fellowship
of
ethereum
magician
link
added
in
the
description.
Let
us
know
which
proposal
you
would
like
to
be
discussed
in
this
show
next
leave
your
comments
in
suggestions.
Talk
to
you
next
week
with
another
energy
proposal,
EIP
5606,
Multiverse
nfts
till
then
keep
sharing
your
love
with
ethereum
catheters
cheers
foreign.