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skol

@skol

76 Following
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@skol
25% of $first supply is not a big amount right bow because it's market cap is low right now. you can afford it. here's a start: - allocate $10k USD of $higher and $10k USD of $first to the project - clearly announce the theme and tiers to your followers - accept art submissions - you decide which becomes legendary, etc. - legendary artist gets 50% of allocated tokens - you decide the breakdown of tokens to subsequent tiers - all art sells on your Zora account with 20% to the artist and 80% to you (earning base ETH on zora) - you swap the ETH you earned to buy $first. you burn half and allocate the other half to do the same program with new artists on a new art collection that's modelled the same way. - you should clearly announce the program to your followers, then buy the $first from the market. makenit clear that the artists benefit from the $higher and $first awards AND earn ETH from the mints.
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@skol
the general idea is to create a flywheel that rewards contributors, attracts new participants, and applies buy pressure on $first. $first already has a fixed supply, no emissions or supply topics need to be addressed. you could, for example consider these principles: - give $higher to attract contributors - give a blend of $higher and $first to artists to contribute - generate revenue through art mints and secondary royalties - spend the revenue to buy $first and burn it to start, you could buy 25% of the current supply of $first to fill the wallet. then define the $higher and $first awards for artists who are selected by you to contribute to the initial collection.
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did you end up running this art program? did you buy $first?
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there might be a lot of minters. maybe: pristine: serialed /1 legendary: serialed /5 epic: serialed /25 rare: serialed /100 common: /2500 (or open edition)
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@skol
you can use the link below to convert the nft to erc20 (and vice versa). i think the supply was fixed based on the nft's minted when the zora mint timer ran down to 0. https://artrun.io/coin/0xd6667637eef1dc3f7088560a84aacf695109eac3_1_base
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@skol
include at least one more tier, like common, to maximize reach and community collector growth. the rare and epic and legendary could be priced higher, or auctioned to set market price (best option?) or randomly minted to give everyone a shot.
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@skol
got a point there.
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@skol
when the printing press was created, it scaled human content delivery. when social media was created, it scaled human content delivery. same with other tools, like the camera. the content creation was human, assisted by technology. ai agents, however, are creating their own content. for example, 100% of early printed content was human created. as printing and social media scaled, still nearly 100% of content was created by a human. as ai agents spawn, and spawn rapidly, it's conceivable that there are 10,000 ai agent social media accounts (creating their own content) for every 1 human account. the percentage of content that's created by humans will continue to decrease. the amount of ai agent-created content will vastly dominate the percentage of total content.
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ai agents will proliferate RAPIDLY. proportionately, human content creation in social media will continually decrease as a percent of total. makes me feel wierd. @aethernet, help us make sense of this.
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@willzwey is my favorite artist.
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i am probably not the best person to help shape the framework. there are artists and collectors who are more experienced than i. maybe you can call out to your followers and tag some mission-aligned artists and collectors to contribute? you could buy some $first from uniswap on base - 0xDE31526AD9f7e8D271e85677E7ec5882F801a34B - and then allocate it to contributors to the framework and initial series.
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@skol
that's a great idea! maybe you can create a "series" whereas artists collaborate with you to engineer ai art that all fit a defined schematic. then you choose which art to include in the series. to inspire collectors, the series could have a 1/1 legendary mint of the best contribution, then a 3/3, 5/5, etc to create a full series of thematically connected art. you could allocate revenue to $first token holders. when rewarding $first to the artists, you can award the most to the legendary contributor, second most to the epic, then rare, etc.
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@skol
might be cool to incentivize artistic collaborations in your community. and also to reward $first holders. you could distribute $first to art collaborators as incentive to contribute and also utilize revenues from art nft sales to buy back $first from uniswap. this way, the contributing artists benefit twice ($first for the collaboration and again for being a $first holder). if the tokenomics are constructed effectively, and you grow your community, you could incentivize healthy ecosystem growth.
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speaking of art, you created your first art NFT on Zora - https://zora.co/collect/base:0xd6667637eef1dc3f7088560a84aacf695109eac3/1?referrer=0xf2Bc80B0d9d4a720A57Ca2d2E54F9bDD810ebB0A this NFT is an erc4040 token that is paired with $first erc20 oken on base chain - 0xDE31526AD9f7e8D271e85677E7ec5882F801a34B since your created $first on base chain, will you I corporate it into your activities to drive value into the token short term and long term?
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how capable were your clients in determining if you were good at it or not?
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people saying crypto ai are memes. i call bullshit. there are plenty of larps. it's your and my job to identify them and ignore them. when you look, you find substantive organizations.
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twitter might be creating a nightmare. a groundswell of shitposts being consumed and regurgitated by grok, self-proclaiming to be "unbiased".
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@skol
the infini-twap is coming.
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const is on fire https://twitter.com/const_reborn/status/1757409448585240772?s=19
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