Upcoming CANI DAO SNS Swap

Regarding the name,
we’ve actually made one CaniTalk episode:

A DEEP DIVE INTO THE CANI ECOSYSTEM
available on our broadcast station.

The talk explains the name and covers various other topics.
Listeners will have a quick overview of the project and the benefits built on ICP.

Perhaps @Canistore could pin the link to the top for easy access.

Reminder: CANI DAO SNS swap is set to begin on the last day of 2024.

Happy 2025! Wishing a prosperous and exciting year ahead for our amazing community! :tada::sparkles:

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Hi @Canistore team.
Quick question on how the Neurons are allocated
how many neuron baskets will each participant on the SNS swap receive, can you explain a bit about this?
I have been diving through the tokenomics but the only thing I found was the 12-month vesting.
It would be great if you could answer this for me ASAP, as I plan to add the SNS swap info to today’s issue on The ICP Pulse.
Thanks

UPDATE:
Went through the sns_init.yaml file and discovered the info, and as of my understanding, there will be 4 equal value neurons, each with a dissolve delay of 0,6,12, and 24 months respectively.

Please correct me if it’s wrong.
Thanks

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Hey @ishaaqziyan,

Apologies for the delayed response!

On every “event” (4) the interval (6 months) is added.
So the only difference from your update is replacing 24 months with 18.

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Ah, yes just noted Ser :handshake:
Thank you very much for the reply.
I will make sure this info gets into the upcoming issues of The ICP Pulse.
Thanks again for the cooperation
Best,
Ishaaq

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:fire: CANI Adoption = ICP Burn Revolution :fire:

Today we had a conversation with chatGPT and GROK. Do you agree?

"CANI isn’t just about empowering creators, it’s about revolutionising the Internet Computer ecosystem. With every CaniSafe created, 1 ICP is burned. Let’s break down the potential:

What If CANI Reached Spotify’s Scale?
Here’s what we know:

  1. Spotify has 640 million monthly active users (Q3 2024).

  2. Over 10 million artists have music on Spotify.

But here’s the game-changer: CANI serves more than just music creators. With services like CaniSafe, CaniStore, and CaniPlay, we cater to a diverse user base of musicians, producers, sound designers, authors, and more. This means CANI’s adoption potential is far greater.

Potential Impact on ICP

1% Adoption: 100k creators = 100k ICP burned.
The spark that starts the revolution.

5% Adoption: 500k creators = 500k ICP burned.
A noticeable squeeze on ICP supply.

10% Adoption: 1M creators = 1M ICP burned.
A transformative impact on supply and value.

Why CANI Stands Out

Broader Reach: Unlike Spotify, CANI supports creators across multiple industries, from music to literature and beyond.
Sustained Growth: With each new CaniSafe, the ICP burn effect scales.
Deflationary Impact: Burning ICP reduces supply, creating scarcity and potential value growth.

The Takeaway

CANI’s potential to burn ICP isn’t limited to just 10 million artists. With its multi-service platform, CANI could attract a far larger user base, magnifying the impact on ICP. Even at just 1% adoption, the ripple effects are huge."

I thought I’d share this post from X to highlight how CANI adoption will benefit ICP.

Image by Grok:

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This week we onboarded the first record label into the CANI ecosystem :rocket:

We are now in talks regarding building functionality for labels and organisations that manage creators. Transparency and trustless systems are needed when sharing revenue.

It’s going to be a live 2025!

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Musicians & $CANI Holders: A Synergistic Relationship

The CANI ecosystem thrives on collaboration between musicians and $CANI holders, creating a win-win dynamic that fuels growth and innovation. Here’s how:

Musicians burn $CANI to:

Issue exclusive licenses for songs, beats, or other IP rights on CaniStore.

Create custom licensing terms tailored to businesses and collaborators.

Send songs to CaniPlay Playlists, reaching fans globally.

Boost tracks on Playlists for greater exposure and discovery.

Be featured in in-app advertisements, gaining more visibility.

How this benefits $CANI holders:

Deflationary Tokenomics: Each burn reduces the token supply, increasing scarcity and potentially driving up value.

Sustained Demand: Musicians constantly require $CANI to access these features, ensuring steady market activity.

Ecosystem Growth: The more musicians adopt CANI, the more valuable $CANI becomes, rewarding early investors.
By supporting musicians, $CANI holders invest in the future of music ownership, licensing, and direct fan engagement. Together, we’re redefining the creator economy.

Post on X

Image by Grok.

@peterparker @aterga

Hi,

We’re planning to roll out some follow-up updates on the apps.
However, the canister control hasn’t been reverted to the designated principles.
(fallback setting in init.yaml)

We’ve been waiting for two days, assuming the system might need some time to process.
Could someone help look into this issue?

Thanks.

I cannot help but, forwarded your question for visibility.

Hi @zoominer,

The controllers of tlcef-5iaaa-aaaas-akjmq-cai are currently

  • jzoag-yilz6-svyv2-z5nrx-btfnf-nqeil-ke3qo-stsjm-ry7qi-zpsbv-qae,
  • i7z6q-2c4ks-pjwft-gw5fb-jxd2n-mp6v7-3sxuy-v66y7-c3jjv-2te7o-nqe

These match the fallbackControllerPrincipalIds from CANI DAO’s
CreateServiceNervousSystem proposal. From the logs, I see that this has happened around Tue Jan 14 2025 21:31:44 GMT+0000, as intended.

Please let me know if you have further questions.