►
From YouTube: THE VAULT - Day 1 - Matt Lockyer, Satori: So Fresh & So Clean: Minting An NFT Business
Description
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A
Cto
of
satori
and
co-founder
satoru
is
taking
nfts
where
utility
and
experience
are
greater
than
scarcity
to
mainstream
audience.
Matt
is
going
to
provide
his
experience
and
his
presentation
right
now,
so
I
would
say:
let's
welcome
help
me
welcome
matt
and
with
a
round
of
applause,.
B
All
right
thanks,
everyone,
I've
been
in
lisbon
for
a
while,
so
I've
lost
my
voice.
Apologies
ahead
of
time,
so
the
first
thing
I
want
to
start
with
is
that
satori
is
basically
working
on
taking
nft's
mainstream.
So
we
have
a
lot
of
projects,
basically
out
in
the
nft
space
right
now
we
have
pfps.
B
You
know
like
these
10k
avatars,
and
things
like
that.
I
view
those
as
very
exclusive
they're,
not
really
inclusive
they're,
not
basically
designed
to
onboard
hundreds
of
thousands
or
even
millions
of
people
into
crypto.
B
The
other
nfts
that
we've
seen
are
big
art
drops.
So
I'm
sure
you
guys
are
all
familiar
with
those.
You
know:
million
dollar
one-of-one,
fine
art,
nfts
satori
is
not
that
satori
is
basically
taking
nft's
mainstream.
B
We
believe
that
the
utility
value
of
nfts
nfts
for
access
to
a
community
nfts
for
ticketing
nfts
that
can
be
combined
and
and
burned,
and
crafted
together
and
all
sorts
of
fun
things
that
sort
of
you
would
see
with
a
typical,
a
typical
web
2
or
like
an
ios
app
basically
with
in-app
purchases,
though
that's
actually
where
we're
going
with
nfts.
B
So
when
it
comes
to
actually
designing
a
product
for
artists,
we
have
to
basically
understand
that
artists
want
to
make
art.
You
know
companies
want
to
do
their
business.
They
do
not
want
to
worry
about
the
business
of
crypto,
the
business
of
blockchain.
They
don't
want
to
deal
with
a
bunch
of
confusing
crazy.
B
You
know
things
they
don't
want
to
hire.
I've
been
actually
I've
been
telling
people
all
week.
You
know
a
regular
web
2,
traditional
business
that
just
wants
to
you
know,
sell
digital
merchandise
or
kind
of
kind
of
dip,
a
toe
in
the
nft
space.
They
do
not
want
to
hire
a
blockchain
developer
for
half
a
million
dollars
a
year.
Where
are
my
developers
at
you
guys
making
lots
of
money?
It's
it's
confusing,
so
what
they
want
is
they
want?
Like
a
like?
B
A
just
a
sorry,
I
have
to
change
my
language
to
like
pc
language.
They
want
a
closed
box,
closed
box,
brandable
system.
Okay,
I
think
you
guys
know
where
I
was
searching
in
my
brain
for
that.
So
artists
want
to
make
art
and
and
brands
and
businesses
want
a
tool.
B
Is
there,
I
think,
there's
a
lag
here
boom?
Okay,
so
let
me
talk
about
the
satori
stack,
so
this
is
a
little
bit
about
like
where
we're
going
so
we
do
still
build
like
we're
building
a
product,
but
we
still
build
everything
on
open
api,
so
I
have
participated
in
basically
the
nft
standard
on
near
the
royalty
standard
on
the
air.
Everything
that
we're
building
every
asset
that
we're
issuing
is
open,
it's
composable,
so
other
entrepreneurs,
other
developers
can
build
on
top
of
the
assets
that
we
issue.
B
We
ourselves
build
artist
products
on
top
of
our
own
api.
So
basically
we
build
an
api.
It's
called
spearmint
which
I'll
talk
about
in
a
moment
and
we
build
artist
products
on
top
of
spearmint
to
deliver
nfts
to
the
masses,
and
we
believe
that
by
getting
nfts
out
to
everyone
and
not
just
an
exclusive
kind
of
few
people
that
are
sort
of
the
the
nouveau
crypto
rich,
you
know
we're
we're
basically
creating
these
new
channels
between
artists
and
their
fans.
B
If
we
can
do
nft
minting
and
claiming,
which
is
to
say
that
you
know
somebody's
receiving
an
nft
with
zero
crypto
knowledge.
We've
done
our
job
and
we
do
have
basically
the
first
iteration
you
know
of
our
api
and
these
vertical
distribution
products
out
today.
At
the
end,
in
my
last
slide,
you
guys
will
be
able
to
scan
a
qr
code,
get
an
nft.
B
If
you
don't
have
a
near
wallet,
you
can
set
one
up,
but
still
you
you,
you
have
not
learned
anything
about
crypto
or
blockchain.
You
didn't
have
to
run
over
to
coinbase
and
you
know
give
them
a
photo
of
your
driver's
license
or
anything
like
that.
You
can
just
get
an
nft
in
a
wallet.
That's
yours
with
your
name
on
it,
it's
pretty
cool,
so
spearmint.
B
What
is
spearmint
spearmint
is
the
api
that
we
satori
have
created
in
order
to
basically
facilitate
this
for
artists
and
brands,
but
also
in
order
to
build
our
products
on
top.
So
it's
kind
of
cool.
Why
spearmint?
I
don't
know
me
and
our
creative
lead
kind
of
giga
brain
co-founder,
mally
anderson.
We
just
came
up
with
it.
One
day
we
thought
it
was
cute
and
fun
all
right
is
it.
I
think
it's
a
double
click,
because
every
time
I
click
the
second
time
it
works.
B
This
is
an
interesting
point,
so
in
web
2
we
have
this.
We
have
this
user
experience.
We
have
this,
like
this
accepted
sort
of
flow
of
things
right,
go
to
a
like
download,
an
app
sign
up,
email,
password
everybody's
used
to
this
they're,
not
used
to
the
the
crypto
user
experience.
So
what
we
need
to
do
is
we
need
to
bridge
that
web
to
user
experience,
and
these
are
kind
of
mirrors.
So
it's
web
2
user
experience
with
web3
self-custody
web
2
availability
with
web3
resilience
web
2
speed,
but
with
the
web3
scarcity
right.
B
So
we
need
to
actually
reconcile
these
concepts
and
we
need
to
bring
these
two
worlds
together.
Technically,
so,
when
we
talk
about
user
experience
into
self-custody,
how
would
we
get
an
nft
onto
a
user's
device
like?
How
would
we
do
that
in
a
in
a
way?
That's
really
familiar
with
them?
Well,
the
way
that
we
chose
to
do
it
is
through
what
we
call
like
a
claim
link.
B
So,
basically,
we
send
the
user
a
link
and
they
click
it,
and
they
can
get
all
the
way
through
to
setting
up
a
wallet
if
they
don't
have
a
wallet
and
they
can
claim
an
nft
once
they've,
either
created
or
connected
their
near
wallet.
Also,
I
just
want
to
give
a
big
shout
out
to
the
near
team.
B
B
So
I
want
to
talk
a
little
bit
about
availability
and
resist
and
resilience
so
when
we
create
nft
claim
links
and
we
send
them
all
over
the
world.
Imagine
like
as
a
as
a
web,
2
developer.
I
I
don't
know
who
are
the
developers
in
the
audience
like?
Let's
put
some
hands
up
wake
up
guys,
all
right,
so
you've
tried
to
create,
like
an
api
before
you've
tried
to
create
just
a
website
that
that
you
know
a
bunch
of
people
around
the
world
visit.
B
So
you
know
where's
your
server
right
where,
where
where's
your
database,
where
is
it
all
hosted
right?
What
happens
when
you
basically
try
to
create
a
product
for
businesses
or
artists
that
have
fans
all
over
the
world?
Their
fans
are
in
tokyo,
new
york,
san
francisco.
That
covers
a
lot
of
ground
right.
So
if
you
have
one
server,
that's
just
sitting
in
chicago
and
it's
like
absorbing
all
of
this
all
of
this
traffic,
it's
gonna
be
a
crappy
experience
right.
So
basically,
how
do
you
make
this
global
availability?
B
B
That
will
talk
to
our
api,
which
is
also
globally
available.
So
basically,
our
api
runs
kind
of
like
on
the
edge
and
it's
available
to
anyone
in
the
world,
so
the
user
experience
is
is
good
because
you're
not
like
traveling
halfway
around
the
world
to
talk
to
like
one
database
in
one
location-
and
you
know
waiting
10
20
seconds
to
like
to
like
do
that.
The
experience
is
quick
by
the
way
I
actually,
I
flew
from
canada
to
come
here.
To
do
my
talk,
I
was
also
in
prague
before
this.
B
I've
been
using
our
api,
the
entire
trip-
and
it
literally
has
not
skipped
a
beat.
It's
the
exact
same
experience
for
me
using
the
api
actually
creating
new,
nfts
and
and
then
sending
links
out
to
people
and
them
claiming
them
exact
same
experience
as
when
I
was
in
home
and
at
home
in
vancouver
and
like
sending
links
out
to
people,
so
it's
pretty
cool.
B
That
was
just
like
a
happy
coincidence
for
me,
so
I
want
to
talk
about
speed
and
scarcity,
because
this
is
probably
the
most
like
the
most
like
technical
and
like
salient
point
for
developers.
So
if
you
guys
out
in
the
audience
guys
or
gals,
take
anything
away
from
this
talk
technically,
it's
that
it
sure
you
can
design
a
game.
You
can
design
like
a
smart
contract.
You
can
put
it
up
on
near
and,
yes,
it
will
be,
it
will
have.
B
You
know
like
web3,
decentralization
and
scarcity,
but
how
people
access
that
smart
contract,
how
they
experience
the
interface
to
your
smart
contract,
whether
it's
a
game
or
a
dow
or
just
some
fungible
token.
That
is
really
something
that
you
need
to
focus
on.
You're,
like
you
need
to
bridge
and
speed,
I
think,
is
like
I
mean
it's
kind
of
like
a
user
experience
thing
like
everything
boils
down
to
speed
right
like
if
you
don't,
if
you
don't
load
something
fast
enough,
people
are
gonna
click
away.
B
B
It's
easy
to
start
out
and
like
put
up
some
website
and
have
you
know
maybe
a
couple
hundred
visitors
a
day,
but
it's
hard
when
you
actually
send
out,
maybe
perhaps,
like
you
know,
hundreds
of
thousands
of
links
and
everyone's
trying
to
click
them
and
claim
an
nft
within
like
the
span
of
an
hour,
so
what
it,
what
we
ended
up
doing
is
we
used
this?
I
mentioned
this
before
a
globally
available
and
distributed
database,
and
we
actually
use
a
technology.
B
That's
from
cloudflare,
where
you
basically
can
have
everyone
around
the
world
entering
into
one
single
threaded
kind
of
like
execution
environment.
Now
that
what's
really
cool
about
that
is
that,
like
everyone,
has
to
basically
receive
the
same
information,
because
it's
single
threaded
and
they're
all
basically
pulling
from
kind
of
like
one
instance
and
what
that
sounds
like
is.
That
sounds
like
kind
of
like
a
web3
database.
So
that's
where
that's
where,
like
the
two
worlds
kind
of
come
together
and
it's
really
cool.
B
So
if
you
want
to
check
that
out
and
go
deeper
on
that,
it's
called
durable
objects
by
cloudflare.
You
can
also
get
the
same
experience
as
a
developer
by
using
any
strongly
consistent
database.
So
what
that
means
is
that,
basically,
if
a
hundred
thousand
people
around
the
world
are
clicking
a
link,
they're
all
trying
to
claim
literally
a
one
of
one
nft,
strongly
consistent
means
that
once
the
first
person
claims
that
101
a
one
of
one
nft,
all
the
other,
you
know
99
999
people.
B
They
get
a
message
saying
sorry,
that's
already
been
claimed
how
you
handle
that,
though,
how
you
handle
that
traffic
that
speed
it's
it's
kind
of
like
it's
up
to
you
you
have
to
you
have
to
consider
you
know
fairness.
You
have
to
consider,
like
you
know
where
people
are
located,
and
things
like
that.
So
we've
done
a
lot
of
that
like
under
the
hood
to
basically
optimize
that
experience.
B
So
a
look
towards
the
future
for
satori,
so
what
I
mentioned
was
a
product.
What
I
mentioned
was
basically,
I
just
talked
about
cloudflare.
You
know
it
all
sounds
kind
of
centralized
and
you're
like
well.
What
does
this
have
to
do
with
web3?
Our
future
goal
is
to
basically
decentralize
this
infrastructure
of
delivering
nfts
to
people.
So
basically
decentralizing.
B
You
know
pages
that
people
land
on
in
order
to
claim
their
nfts
decentralizing
the
delivery
of
those
pages.
You
know
the
javascript
that's
necessary
to
actually
set
up
your
wallet
and
claim
the
nft
we're
actually
going
to
be
taking
our
api
and
we're
going
to
be
turning
it
into
basically
our
own
layer
of
nodes
and
we'll
be
basically,
you
know
we'll
be
basically
like
kind
of
like
copying
what
I
just
mentioned.
B
You
know
strongly
consistent
databases,
edge
nodes
around
the
world
web
2
kind
of
stuff,
but
we'll
be
delivering
that
in
sort
of
like
a
fair
and
distributed
global
system
of
like
web
3
nodes.
B
So
once
again,
spearmint
spearman
is
our
api.
I
was
going
to
do
a
demo
here,
but
instead
I
just
took
a
bunch
of
screenshots,
so
I'm
just
going
to
speak
to
the
screenshots.
B
So
here's
spearmint
these
are
our
docs
they're,
actually
live
right.
Now
you
can
go
mess
around
with
it
on
testnet,
you
can
register
you
can
get
api
key.
You
can
like
make
an
nft
series.
You
can
make
claim
links
if
you
want
it's
still
a
little
bit
like
rough
around
the
edges.
Just
so
you
know,
because
this
is
all
relatively
new
for
us.
We
did
this
all
in
in
a
very,
very,
very
short
span
of
time.
B
So
when
you
go
through
and
register
it
just
looks
like
any
other
api.
Like
you,
you
would
click
a
button.
I
have
all
these
little.
It's
too,
it's
really
small,
sorry
about
the
screenshots,
it's
really
small,
to
see,
but
every
snippet
every
code
snippet
in
the
api
has
like
a
try.
It
now
button.
B
The
next
thing
to
do
is
to
create
an
nft
series,
so
here
you
would
just
fill
out.
I
don't
think
anyone
can
read
this
apologies
here.
You
would
just
fill
out
basically
the
title
of
the
nft
series,
so
everyone's
familiar
with
like
an
open
edition,
so
you
know
one
nft
series.
So
if
I
called
it
like
near
con
alpha,
I
gave
it
the
meat
like
the
media
would
be
like
maybe
the
near
logo
or
the
near
con
logo,
and
then
I
would
say
I
want
a
thousand
copies
available.
B
So
what
that
does?
Is
that
actually
puts
that
into
the
smart
contract
and
it
allows
anyone
to
create
up
to
a
thousand
nfts
of
that
series.
B
So
the
last
bit
about
the
api
is
these
claim
links.
So
basically,
how
do
you
actually
get
people
who
do
not
have
a
near
wallet
who
don't
have
any
access
to
crypto
at
all?
How
do
you
get
them
these
nfts?
Like
I
just
mentioned,
you
can
set
up
the
smart
contract.
You
can
say
there's
a
thousand
available
in
this
open
edition.
But
how
do
you
actually
deliver
it
to
you
know
regular
people?
How
do
you
send
it
in
a
in
an
sms
or
in
an
email?
B
B
Oh
yeah,
and
then
this
is
just
an
example
like
if
you
say
you
want
to
create
one
claim:
link
it'll,
just
pop
up
like
if
you
hit
the
this,
is
like
an
example
of
the
try
it
now
button.
It
will
just
pop
up
with
a
link
and
you
can
copy
it
and
send
it
out
to
somebody
just
as
a
test,
but
you
can
also,
obviously
you
can
put
this
into
your
own
app.
So
this
is.
This
is
an
api
okay.
B
So
when
you
land
on
a
claim
link,
here's
my
little
friend
when
you
cl
when
you
land
on
a
claim
link.
This
is
basically
what
you
see.
The
black
button
is
create
a
wallet
and
the
white
button
is
connect
to
wallet
it's
as
simple
as
that,
once
the
wallet's
connected,
it's
just
replaced
with
a
claim
nft
button,
and
then
you
claim
the
nft
and
then
once
you've
claimed
the
nft.
You
can
view
it
in
your
near
wallet.
So
that's
it.
B
It's
basically
a
really
really
simple
flow,
easy
for
everyone
and,
as
I
mentioned
before,
you
know
on
the
technical
side,
it's
available
to
anyone
in
the
world.
So
we
can
send
these
links
out
to
every
everyone
in
the
world
and
they
should
all
have
the
exact
same
sort
of
speed
and
user
experience
within
a
relative
sort
of
you
know
margin
but
very
quick,
very
fast,
very
simple
and
very
reliable
yay
who
wants
a
qr
code
or
who
wants
an
nft
scan
it.
I
see
people
scanning
them.
Thank
you.
B
So
what
you're
gonna
scan
is
you're
gonna
scan
the
the
satori
sakura
logo
and
just
just
a
quick
just
a
quick
shout
out
later
today.
Satori
has
a
talk
a
little
bit
more
about
kind
of
our
our
mission,
our
vision,
our
values
and
stuff.
Later
today,
can
someone
please
confirm
for
me:
is
it
at
1,
15.,
1.5,
125.,
we'll
be
there
at
1?
15.,
don't
miss
it
anyway.