Cosmic Signature Deep Dive: On-Chain Art Meets Web3

[00:00:00]Welcome back to CryptoNight, everybody.

[00:00:01]Today, we're going to take a look yet Cosmic Signature. So, let's get right into it.

[00:00:15]This video is for educational purposes only. I'm not your financial advisor.

[00:00:19]This is not financial advice. Please do your own research for every investment you make. Welcome back, everybody. It's good to have you all. This is a paid partnership with Cosmic Signature. I would say let's crack straight into it.

[00:00:30]Cosmic Signature procedural on-chain art on Arbitrum.

[00:00:34]This is a very special project, I think, because I personally haven't seen something like this before in my time in crypto.

[00:00:43]It's pretty damn cool. Say, uh let's get a bit into how everything works, what they do. So, pretty much this project also funds Ethereum developers. The team behind it, um yeah, the users can shape uh very, very amazing artwork from what I've seen here already. Looks pretty damn cool. And also get a cut of the total jack jackpot pretty much.

[00:01:12]Of the total get a cut of the total Ethereum pool, but I'm talking a lot of stuff. Let's get more into it. Every gesture shapes the signature. Make a gesture during a performance cycle, and every gesture shapes the cycle's final signature. When the cycle finalizes, the protocol distributes its reserves across more than 10 allocation tracks, including the infrastructure Ethereum itself depends on. So, you can see cycle one finalizes here in 13 days, um and pretty much what does this mean?

[00:01:48]Here, I think this is a pretty, pretty good way to explain it. So, to put it into simple terms, because I went through this website. I had to go it through it two times, three times to really understand what's going on here.

[00:02:04]So, pretty much um in the simplest terms, yeah, cosmic signature is like an on-chain game of digital like hot potato, if you want to call it that. It creates beautiful generative space art as users interact with it. And those adjusters that we read about is pretty much you as a user interacting with the yeah, with cosmic signature.

[00:02:32]And by that extending the time the game goes on and pushing uh you know, your own kind of yeah, I wouldn't call it style because you don't get to choose how it looks, but your own kind of interaction into the artwork as well. So, the art is evolving every time someone interacts with it. And then the end uh we can go here to the dashboard and um we see some some yeah, images how it looks. For example, this. So, it's like three planets that go around and then get pushed around to create these yeah, amazing-looking artworks here.

[00:03:11]Uh for example, you also have an animation down here on how everything went.

[00:03:16]This for example I saw some uh something I really liked.

[00:03:21]This one.

[00:03:23]This one is crazy, I think. Um but yeah, so it's pretty much a game that helps to fund Ethereum, helps to fund tons of other things. And there's so much going on. I would say let's read a bit more into it. So, a performance cycle from open to finalization. A cycle is a window on time. It opens with cali- calibration window filled with gestures and finalizes when the cycle finalization time expires. No houses, no dealers, just the protocol. So, they the cycle is opening and new performance cycle begins. The first ETH calibration window opens and the CST calibration window uses a stored on-chain duration that currently starts from a 12-hour reference. So, CST CST is the token behind it. So, you can interact with this through Ethereum and through CST, if I'm uh if I'm correct. Maybe also Arbitrum, I don't know. We will find out in a bit.

[00:04:20]And then the gestures are participants that make gestures with ETH or CST.

[00:04:25]Okay, so not Arbitrum. ETH or CST, every gesture extends the cycle finalization time, records a status selection entry, and may imprint dynamic participation CST based on the square root of the time since the previous gesture. ETH gestures shorten the CST calibration window by about 0.4%. The CST gestures lengthen it by about 4% So, a little less with ETH than 0.4%. So, now comes why I said it's a bit of a hot potato game, if you want to call it that.

[00:05:00]The finalization part, when the cycle finalization time expires, the participant who made the final gesture may finalize the cycle after the exclusive exclusive exclusivity window, the open finalization window opens to anyone. And then comes in the allocation, the protocol distributes the cycle reserve across more than 10 allocation tracks. About half of the ETH reserve rolls into the next cycle compounding reserve. So, the uh yeah, the pool of Ethereum kind of gets bigger from each cycle to cycle and more and more Ethereum is distributed through the different cycles, which is pretty cool.

[00:05:37]Um I think somewhere was also explained where everything was. Yes, here. But, we will read into that in a second. Want to go more into um like yeah, the three-body problem run it on-chain. I have Cosmic Signature NFT visualizes three celestial bodies orbiting under Newtonian gravity. Three bodies produce fundamentally chaotic trajectories. No AI, no training data, just that turn deterministic physics. Same seed, identical output pixel for pixel. So, they put so much work, I think, into this and like, it's so cool to see for me what kind of things it creates with this, right? I mean, it's it it's not something random meme they've just, you know, have thrown out there for people to like play around with and then dip in a few days.

[00:06:30]Um, but yeah, it's something yeah, really thought through and something I haven't seen before and like, like we read, right? You can interact with it through Ethereum, but also through their native token CST, which is also tradeable on Uniswap on Arbitrum.

[00:06:50]And uh, yeah, so pretty damn cool. So, here we see the different stages it goes through, the seed stage when it starts the simulation, selection, camera, and so on and so on. And I mean, how cool do these things look and to think, hey, this is all random and you as a user can send a gesture to send it in different kind of way if you are keen on it.

[00:07:16]And yeah, pretty pretty cool, I think.

[00:07:19]So, more than 10 ways the protocol distributes the cycle reserve.

[00:07:23]So, when the cycle finalizes, it gets distributed through these ways.

[00:07:27]So, we have 25% signature allocation to the participant who made the final gesture. Includes also 1,000 CST and one Cosmic Signer NFT. And I think by holding these NFTs, you also get a cut from future cycles. So, if you win, you get 25% of the whole pool, which is also, I mean, huge. And then, you get this NFT that lets you earn passively in the future. Then, we have a 50% for the compounding cycle reserve. So, that rolls into the next performance cycle.

[00:07:58]So, that's already 75% gone, pretty much. Then, we have 8% Chrono Warrior allocation to the participant who had the endurance champion position for the longest consecutive interval. Also includes 1,000 CSD and one Cosmic Signature NFT.

[00:08:15]Chrono Warrior allocation, if we go to the dashboard, um we can see down here, uh for example, the latest participant.

[00:08:24]And then, we see the Chrono Warrior that is the champion since 9 days. And down here, we can make the gesture, but you can always see who who that person is and who's the person that did the last uh last gesture, pretty much. Then, we have the public goods allocation for what it protocol got, the funding mechanism for 170+ Ethereum core contributors. Then, 6% anchor distribution distributed proportionally across all Cosmic Signature NFTs anchored to the protocol for the cycle. So, like I said, while withholding an NFT, you get um that 6% split up between all NFT holders, which is also big. And then, 4% allocation if a Stella selection split across three randomly selected participants.

[00:09:13]And uh selection frequency scales with gestures made. And then, also, we have an allocation of 10 NFTs each um cycle.

[00:09:23]And 10 randomly selected participant each each receive 1,000 CSD and one Cosmic Signature NFT.

[00:09:31]Another 10 NFTs, anchored NFT Stella selection, 10 randomly selected random walk NFT anchor holders each receive 1,000 NST and one cosmic signature NFT, 1,000 CST and 1,000 CST. Also, for the endurance champion and the final CST gesture allocation. So, yeah, there's a lot going on when this finalizes, but pretty cool to see. Also, everything is open verified, repro reproducible. Whole thing is also audited by Hacken if I'm not If I'm not informed correctly.

[00:10:06]But, yeah, to sum it up, a really really cool thing that I personally haven't seen like always no financial advice, yeah. Please do your own research if you are interested like always all the links down in the description, so check that out for yourself. From my personal view, I haven't seen something like this before. It's pretty cool, pretty comprehensive also, pretty big dashboard that we have here.

[00:10:29]You can see what's going on.

[00:10:31]Uh amazing idea, honestly. There's I think been a lot of love and hard work put into this. And um yeah, I personally really like what I'm seeing. And I mean the 25% signature allocation that goes to the final participant, I mean, that can be pretty huge huge, I think.

[00:10:51]Especially when those pools roll over to the next one pretty much the 50% that always goes to the next pool. So, yeah.

[00:11:01]Amazing stuff. I really like it. If you want to check it out for yourself, you know where to find the links. Thank you all so much for watching and I see all of you in the next one. Take care, guys.

[00:11:10]Bye-bye.

[00:11:16]>> [music] [music]