Holder introduction — Archie
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Archie currently serves as the CTO of RE:DREAMER. He delved into the software industry in 2014 during his alternative service period, focusing on developing small programs for iOS and MAC platforms. Despite his major in electrical engineering during university, his skills shifted towards programming. After completing his alternative service, he joined an iOS engineering company, where he developed reservation systems and acquired diverse skills. He ventured into various startup roles, including POS systems, booking platforms, and travel apps. His exposure to blockchain began with cryptocurrency, leading him to engage in wallet development and project applications. After meeting Boyu and Jason, they co-founded RE:DREAMER, where he handles product development and testing, setting his path in the blockchain field.
RE:DREAMER’s origin traces back to Jason’s involvement in a WAX platform project. The complex process of NFT exchange on the WAX platform sparked thoughts of automating and enhancing efficiency. Boyu proposed an exchange protocol, which resolved past bottlenecks and allowed collaboration with specific projects, granting them operational rights. The protocol’s design aimed to achieve exchange through decentralized verification. To better realize the exchange process, we developed ERC 6672, recording relevant exchange information on the blockchain for user query. This new protocol incorporates a decentralized philosophy, empowering not only project participants but also other individuals to grant specific utility to NFT holders.
Regarding the development of RE:DREAMER’s ERC 6672 and the project’s exchange mechanism, we recognized their potential synergy. Tommy’s footwear project introduced physical product exchange, gradually materializing abstract concepts. With the application of ERC 6672, our objective is to transform exchanges into various forms, such as discounts or other experiences. Furthermore, we explore collaborations to incorporate more diverse applications into our protocol. RE:DREAMER continually strives to integrate blockchain technology into daily life, addressing real-world issues. Archie emphasizes that technology will increasingly fade into the background, becoming a tool for everyday use and enhancing user experience.
Archie’s purchase of E-DAMER goes beyond fulfilling personal needs; he’s engaged in RNFT applications. His company acquired around 20 E-DAMER shoes, using RE:DREAMER’s user experience to design diverse business processes. He personally experienced the liquidity of RNFT and recognized its value through secondary market trading. This brings diverse gameplay to practical applications, particularly collaborating with vending machines and POS vendors, crucial for Web2 industries. This three-way collaboration encourages exchange and unleashes more possibilities. Regarding exchanged shoes, Archie has swapped between Chicago, denim, RE:DREAMER, and REVO. He loves REVO for its ventilation and comfort, suitable for Taiwan’s rainy weather, whether for casual or formal occasions.
The inspiration for the “Echiban” event originated from Tommy’s suggestion, aiming to offer rare item exchanges through a Web2 “Ichiban” approach, lowering participation barriers. Participants will burn and exchange 3 RNFTs for a new NFT, eligible for instant prizes. Through this award NFT, they enter the process to exchange for physical goods. Exchanges will be facilitated via Shopify for smoother operations. RE:DREAMER will collaborate extensively with Shopify, introducing plugins that generate discount codes with varying amounts, saving time and enhancing user experience. As for the future, RE:DREAMER will continue to apply technology on a global scale, collaborating with various IoT companies in Taiwan for globalization. Their plan is to seamlessly integrate technology worldwide, akin to the past credit card promotion strategy, fostering seamless connectivity between Web3 and Web2, thus achieving smoother applications.
Archie mentioned that from his initial encounter with the project until now, he still regards NFTs as a novel concept. He suggests introducing more applications every quarter, despite recent blockchain and NFT concerns, as he firmly believes blockchain is the future trend. He considers E-DAMER a promising early-stage project, urging contemplation on its long-term development and expansion of possibilities. He advises Tommy to showcase products on Shopify for greater exposure and a collective shopping experience. Through collaboration with Tommy, he grasped that NFT’s long-term growth requires community engagement and operational costs. He anticipates “Echiban” driving traffic to Shopify, boosting Tommy’s Web2 sales and enabling holders to exchange dividends for goods.
During the interview, Tommy highlighted the importance of gaining market trust similar to PayPal. RE:DREAMER is also dedicated to this goal. He believes the era of PFP avatars has passed, advocating for prioritizing interpersonal interactions and integrating NFTs into real-life scenarios. He eagerly anticipates the “Echiban” event, underscoring how E-DAMER continually experiments with new gameplay and business models, introducing possibilities across various industries and interests. Despite initial confusion caused by changes in the item exchange plan, he clarified that the essence lies in utilizing RNFT to enhance its liquidity. He’s hopeful that through the ERC 6672 protocol, more avenues for development can be explored.
For more detailed interviews, please refer to the following
Please briefly introduce yourself first.
Currently, I hold the position of CTO and oversee the technical aspects at RE:DREAMER. Speaking about my personal background, I ventured into the software industry in 2014. It all started during my substitute military service period. Having a relatively structured life during that year, I utilized my after-work hours to learn how to develop mobile apps. Initially, I focused on creating small programs for the iPhone and MAC platforms that addressed my specific needs and streamlined mundane repetitive tasks. Over time, my interest gradually evolved into a skill and eventually became an advantage when I pursued job opportunities. Since then, I’ve been consistently immersed in this field.
Were you already equipped with some programming background before that?
I already had a foundation in programming, although it wasn’t specifically geared towards product development. Previously, I would write small-scale web scraping programs or scripts. My university major was in electrical engineering, so these programming skills weren’t directly related. However, as time went on, I gradually redirected these skills towards more practical applications.
After completing substitute military service, did you have other roles before joining RE:DREAMER?
Absolutely. Initially, I brought the apps I had developed to interviews and eventually secured a position in a company as an iOS engineer. The company primarily focused on developing course reservation systems, while its parent company dealt with POS systems, including card readers and payment processing. Their initial target was the fitness industry’s POS systems. My responsibility was to develop functionalities that allowed members to purchase course points and make reservations. When I joined, there were only two engineers. While I expected guidance from senior engineers, the company believed in our capabilities to deliver. This led me to learn extensively, as within the company, I was effectively the lead for the product, granting me significant room for creativity. Subsequently, the app was successfully launched and continued to operate.
I also engaged in several startup ventures. From POS systems to reservation platforms and even a travel-related app, I was involved in developing an app that made waiting times at airports more enjoyable. We offered practical features such as flight information, ticket counters, baggage claim areas, and even included chat rooms for waiting passengers to interact. However, due to issues with the profit model, this app didn’t see practical application.
Later on, I began delving into the blockchain domain. At that time, blockchain was gaining intense attention, especially with significant price surges in Bitcoin and Ethereum. I started engaging in exchange operations and invested in some small cryptocurrencies. Subsequently, I joined a blockchain company, participating in wallet development and blockchain application projects, further deepening my understanding of blockchain technology and development.
What prompted you to decide on this field as your career path?
This can be attributed to my acquaintance with Boyu and Jason. After leaving my previous company, I was inclined to continue working in startup companies due to their dynamic nature and growth potential. It was during my tenure at a startup called Credidi Inc. that I got to know Boyu and Jason. Later on, when we were considering leaving Credidi Inc., Jason proposed the idea of Redeem on the WAX platform. Given my prior experience in blockchain wallets and app development, I saw myself as having resources to contribute to this idea. Boyu also indicated his ability to provide relevant resources. Eventually, we founded RE:DREAMER together to bring this idea to fruition. Initially, they initiated the project until the point where product development or Proof of Concept testing was needed, which was when I officially joined. From that point on, I decided to align my career path with the blockchain domain.
Could you introduce RE:DREAMER?
The foundational concept of RE:DREAMER originated from a project Jason was involved in on the WAX platform. At that time, NFT holders in gaming on the WAX platform were able to obtain virtual treasures through redemption, but this process was cumbersome, involving significant manual operations and verification. Jason questioned why this process couldn’t be automated, why it couldn’t be made more efficient. The three of us founders often discussed this idea. Boyu suggested formalizing this idea into a protocol, enabling operations to follow defined protocols. This notion addressed the difficulties we encountered in the Web3 field, particularly the complexities of the redemption process. RE:DREAMER is dedicated to this protocol. Starting with redemptions, we designed the redemption protocol. It was during this process that we met Tommy, whose need was to convert NFTs into physical items via redemption. We encountered him at a Brave Animated Series event, as we had previously designed redemption systems and ticket entry mechanisms for the Brave Series. He wanted to apply this concept to his sneaker project. We later realized that the current ERC-721 form of redemption protocols and systems had limitations, especially in handling multiple redemptions and in broadening NFT applications. Hence, in early this year, we designed ERC-6672 to cater to market demands.
What was the reason behind choosing to purchase E-DAMER?
When we embarked on this endeavor, our primary consideration was our own needs, ensuring that empowerment had practical applications. Within our company, quite a number of us acquired E-DAMER, approximately close to 20 pairs. Through RE:DREAMER’s user experience, we aimed to design different business scenarios for the process. As holders, we can use the RNFT acquired from E-DAMER to redeem sneakers or other products. I personally also tried trading RNFTs on the secondary market to understand their liquidity and applications firsthand. Through our own usage experience, we could develop more diversified gameplay and processes. Moreover, when our company has new ideas, Tommy utilizes his resources for Real-world Asset (RWA) verification. Through this, we can collaborate with various vendors, such as vending machine or POS machine manufacturers. NFTs are relatively unfamiliar to traditional Web2 vendors, but if you have a sneaker brand and want to sell products in vending machines, this approach is more readily accepted. Such tripartite collaborations facilitate vendor communication and open up more possibilities.
About E-DAMER, which pairs of sneakers have you redeemed?
I have redeemed the Chicago edition, the Cowboy edition, and the RE:DREAMER special edition. Additionally, I have redeemed the REVO edition, with the exception of the Jelly edition. REVO sneakers are comfortable and well-ventilated, making them particularly suitable for Taiwan’s rainy weather. I wear them on rainy days without worrying about getting them wet. Furthermore, my style of dressing is quite casual, sometimes even wearing flip-flops. However, if I have a meeting on a rainy day, I would choose to wear REVO sneakers for both convenience and comfort.
Will RE:DREAMER’s ERC-6672 and the project’s redemption mechanism be integrated in the future?
During the redemption process, we realized that the utility of Redeem can be granted by various individuals, not limited to project developers. This is because the verification process of the holder’s identity is decentralized, allowing anyone to verify it. This was one of the design goals of RE:DREAMER’s redemption protocol. In the redemption system, we can invite collaborations for specific projects and grant them specific utility. As long as the NFT holder’s identity is verified and they authorize it, the redemption can be completed.
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To enhance these redemption processes, we developed ERC-6672. In contrast to ERC-721, which requires additional contracts or centralized methods to record redemption processes, ERC-6672 directly records relevant information about the redemption process on the blockchain. Users can query their redemption records on the blockchain. These records are publicly transparent, but they don’t include private information such as the name, phone number, and address required for redeeming sneakers. However, a redemption order number is generated during the process, serving as a reference. Although currently, the redemption of RNFTs involves their direct destruction, if not for that, we could see records like order numbers. This provides users with a more concrete experience.
Regarding Tommy’s current approach, he allows people to redeem physical items first. With the introduction of physical items, this abstract concept gradually becomes more tangible. In the future, it might transform progressively into forms such as discounts, utility, or others. This doesn’t just apply to Real-world Assets (RWA). For instance, in a concert context, NFTs could represent experiences like the feeling of attending the concert. In “real escape game” scenarios, using ERC-6672 would be suitable. You could use Redeem to record timestamps and puzzle progress. In short, the purpose of redemption is not only physical items, nor is it limited to Web3. This idea needs to be cultivated, allowing everyone to freely define it.
Furthermore, about the issue of centralization, RE:DREAMER’s aim is not complete decentralization, but rather achieving multi-centralization. This means we aren’t eliminating centralization entirely; we’re reducing its influence. Everyone can utilize specific NFTs, not just the project developers. For example, if I want to redeem my E-DAMER RNFT with yours, I could offer an hour of one-on-one conversation or consulting fees. These are potential future directions, realizing the concept of bartering using RNFTs. Thus, all utilities are centralized, and we need to be aware of this. For example, if I announce that RNFTs can now be redeemed for certain things, that’s centralized utility. People who have been rug pulled would understand that when I say there’s no more utility, there isn’t. However, the process of verifying these empowerments is decentralized. The purpose of ERC-6672 is to diversify the ways it can be used. For instance, imagine two companies collaborating in the future. They could write a password only known to them on the RNFT, and others wouldn’t understand its meaning. This way, they could use a public database to record cooperation and project development. This is why we’re driving this protocol.
In the future, blockchain technology will be applied in daily life. We might not even notice it in use, but it will solve numerous problems. Based on past experiences, end-users are generally not concerned about the technology used; as long as it offers a good user experience, it suffices. Though processes might be somewhat intricate, as long as they are executed well, people will still be willing to use and redeem. Similar to credit card companies like VISA and Mastercard, they undoubtedly have their own technology verification mechanisms, but most people won’t delve into the technicalities. Only professionals like us would. Technology will gradually fade into the background, becoming a common application in people’s everyday lives.
Tommy:
Recently, there’s been an interesting trend in our Line group. People from the community have been sharing the sneakers they’ve redeemed before and discussing how many RNFTs they used for the exchange. What I’m looking forward to in the future is seeing everyone directly integrate RNFTs into their own industries. This doesn’t necessarily have to be initiated by our project; it can also be initiated by the holders themselves. For instance, a holder who owns a bakery might want to provide an empowerment for breakfast and use RNFTs for the exchange. This would represent a new business model.
E-DAMER’s September Event
Between September 16th and October 15th, E-DAMER will be collaborating with RE:DREAMER to unveil the “Echiban” redemption event. Participation is delightfully straightforward — a mere expenditure of 3 RNFTs grants entry to the lucky draw. Throughout the event, an exclusive webpage will be provided. Holders can conveniently visit this page, redeem the RNFTs, and the draw will promptly take place following the redemption.
The prizes for this draw are varied and extensive, with the most esteemed prize reaching a remarkable value of up to NTD 150,000. A grand total of 226 prizes will be up for grabs, and the collective value of these prizes surpasses a staggering NTD 3 million. The event is projected to involve the redemption of 678 RNFTs.
The mechanics of this event mirror those of a toy store’s “Ichiban” prize system. In parallel, the event will also feature a “Final Prize.” This denotes the prize attainable when all remaining draw allocations have been redeemed. Whether seeking the excitement of the draw or aspiring to claim substantial prizes, the “Echiban” redemption event is an opportunity you absolutely wouldn’t want to overlook.
RE:DREAMER plays a crucial role in the upcoming “Echiban” redemption event. Could you please elaborate on the relevant details?
The concept for this event originated when Tommy proposed the idea of offering rare merchandise for redemption. However, if these limited-edition items were to be individually redeemed, it might result in a rush to participate or inflated redemption prices. Moreover, to overcome this challenge, we considered adopting a Web2-style “Ichiban” prize system to lower the entry threshold, allowing more people the opportunity to participate.
In this event, each participant will utilize 3 RNFTs for burning in exchange for 1 new NFT. This NFT will reveal the prize you’ve obtained, ranging from A prize to H prize. Through this award NFT, you’ll gain access to the process of redeeming physical merchandise. The physical merchandise redemption process will be facilitated using Shopify’s website. In comparison to the previous method of filling out information on the E-DAMER website, Shopify offers a more streamlined process, enabling modifications to orders, submission of order numbers, and selection of shoe sizes, among other conveniences. Participants will obtain a discount code for the merchandise through the NFT they’ve redeemed and can make purchases on Shopify’s E-DAMER store, enjoying a full discount. This designed process aims to enhance the overall user experience, making the redemption process smoother.
Will RE:DREAMER engage in a deeper integration with Shopify?
We will indeed collaborate more closely with Shopify. To provide a specific example, suppose we have 5 products for redemption; in that case, we would need to prepare 5 sets of discount codes in advance for the system to execute the redemption. In the future, users of Shopify will be able to install the RE:DREAMER plugin, which will allow them to configure different discount percentages while generating discount codes, ranging from 0% to 100%. This signifies that there will be no need to manually generate discount codes one by one; instead, by setting parameters, the system can automatically generate new discount codes. This deep integration will significantly reduce time costs. For instance, when redeeming 100 products, there will be no need to manually create 100 sets of discount codes; instead, the system can generate them directly. This will render event management more efficient and concurrently offer an enhanced user experience.
How will RE:DREAMER further develop in the future?
Regarding the future development of RE:DREAMER, we will continue to focus on practical applications and create more utility scenarios. Recently, we have initiated collaborations with several Internet of Things (IoT) companies in Taiwan, exploring how our technology can be applied in diverse domains. We are committed to globalizing our technology and addressing challenges that arise during global expansion. For instance, we are investigating how to introduce vending machines to places like the United States and ensure smooth operations in different countries. Through partnerships, we are seeking suitable solutions to ensure our technology seamlessly functions worldwide. Our goal is akin to building infrastructure to ensure the smooth integration of technology in every corner. This strategic push resembles the way credit cards were promoted in the past, initially ensuring every merchant could easily use card terminals, followed by the emergence of various applications as usage increased. We hope that by doing so, we can facilitate a more seamless connection between Web3 and Web2 for smoother applications.
How will blockchain, NFTs, and related protocols like ERC 6672 impact people’s lives?
In my personal perspective, in the future, people might not particularly focus on whether a protocol is ERC 6672 or ERC 721. These protocols will simply be part of the technological landscape, facilitating communication and bridging different technologies. Currently, imagination around blockchain is still limited. My vision for the future is that we might have a membership card system or each individual possesses an NFT corresponding to their Real-World Asset (RWA). These NFTs could exist within digital accounts of companies like Apple, Google, Facebook, functioning seamlessly in our everyday operations. For instance, payment methods like Line Pay might already be utilizing blockchain technology behind the scenes. In the future, blockchain applications will become commonplace in daily life, operating silently in the background, much like current Web2 applications. This will bring tangible changes to people’s lives. RE:DREAMER aims to simplify these technologies and establish a highly trusted environment. As more people trust applications like RE:DREAMER, we could achieve a trust model similar to VISA and Mastercard, further bridging the connection between Web3 and Web2.
Tommy:
Let’s consider a clear example like PayPal. Think about it, when we input our sensitive personal information such as credit card details, it’s because we trust the PayPal platform. So, when we see a website supporting PayPal, we feel more secure making payments through it. Essentially, RE:DREAMER is doing something similar.
Additionally, to elaborate on the upcoming development applications for RE:DREAMER and the use cases of NFTs, I also hold numerous projects, each with distinct focal points. But from my personal perspective, I believe the era of profile picture (PFP) avatars has passed. The current emphasis should be on enhancing interactions between individuals and on intertwining NFTs with real life, making them more practical and relevant to daily life. The future trajectory should progress in this direction.
I’m highly anticipating the upcoming “Echiban” event. We’ve been continuously experimenting with novel gameplay and business models, aiming to bring forth more possibilities for everyone. Though some might have been puzzled by the initial plan of using a 3-month period to exchange for an item, later changed, I think I can explain this again. The primary goal is to cultivate various future use cases for E-DAMER, attracting participation from diverse industries and people with various interests. As the total count of E-DAMER is limited to 520, the real essence lies in how we utilize RNFTs. We aim to enhance the liquidity of RNFTs, transforming them from mere tokens into NFT tokens that can be applied and recorded. In the future, through the ERC 6672 protocol, we may explore further avenues of development.
Since getting acquainted with this project until now, do you have any thoughts or suggestions?
My thoughts are that NFT is a relatively new concept. As for my personal recommendations, I believe that if possible, introducing more diverse applications to this project each quarter would be beneficial. Of course, there have been recent issues circulating around blockchain, NFTs, exchanges, or other related events that have drawn significant attention. However, I still hold the belief that blockchain is the future trend. For RE:DREAMER, E-DAMER is a great initial launch project. We need to consider how to make this concept sustainable in the long term and open up more possibilities for development. This is the direction we are continuously striving towards. This is also why we suggested Tommy to put the merchandise on Shopify. For Tommy, this might just be one of the ways to attract traffic, but it can gain more exposure on the platform. At the same time, Tommy can also sell other products on Shopify, creating a combined shopping experience.
Through our collaboration with Tommy, we gradually understand that the long-term development of NFTs requires staying connected with the community and involves operations and costs. We need to contemplate on how to transform this concept into new business models, which requires continuous experimentation. The introduction of “Echiban” is essentially a kind of traffic diversion strategy. Just like a toy store displaying various “Ichiban” items to guide your attention to other products and potentially make purchases. A toy store cannot solely survive on “Ichiban” items; it needs a variety of products to sustain itself, such as gaming consoles, Pokémon cards, and more. Therefore, I’m looking forward to the launch of “Echiban”. Concurrently, I hope this can direct traffic to Shopify, assisting in the growth of Tommy’s Web2 sales. With the application of Web3, holders can also redeem or purchase products through more bonuses.
