Proposal Purpose:
This is to propose the incubation of the Strange NFT project by Grape, which is an existing project Ovenpunch is involved with. The DAO will either Accept or Reject this motion.
Grape Proposal Overview:
If accepted, Strange NFT would become the next GRAPE incubator project. Ovenpunch would lead the project and onboard a few members from the GRAPE community to help in any step that is deemed necessary to lead this project to its completion.
Stakeholders
GRAPE community, content creators, development team.
Costs/Resource Requirements:
The only input would be time and effort from the GRAPE members involved in the project until the completion of the project.
Strange NFT Project Overview and Context:
The goal of Strange NFT is to propose a solution to the currently oversaturated NFT market on Solana by proposing an economic model that is sustainable and fair for all parties involved (investors, artists and the community). We want to change the current āfast-consumptionā environment and set a precedent for an NFT model that makes easy cash grabs and rug-pulls a thing of the past. We propose many novel ideas that help align the interests of everyone and we hope to show the world how an NFT project should look like. At itās core, we are a community that is focused on science, art and sound financial investments.
This is an NFT project at first glance, but at itās core this is a utility project, an economic concept that can be scaled to other NFT projects and an NFT Launchpad for future projects.
- Why would people buy this NFT? Because our economic concepts gives it an implicit value, because everyoneās interests are aligned and because the art is of high-quality.
- Why would people launch their NFTs on the launchpad in the future? Because we offer an economic concept that protects the investors and the community behind it and we also provide a higher standard of artistic value. Our brand would be synonymous to safeguarding and high quality products.
Strange NFT Team Background:
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We are all aged between 35-40, live in Switzerland and have about 15-20 years experience in our respective fields
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Istvan aka @Istvan ā Art Content Manager, Otaku and Digital Artist Freelance
Digital artist since 2012, he specializes in using mathematical processes to create series of pictures and animations about natural elements and life forms. Istvan has worked on art projects for major names in the industry like AC/DC, Pink Floyd, John Coltrane, David Bowie and Joe Hisaishi. -
Nathan aka @noonespecial ā CTO, Contrarian and Full Stack Engineer
Co-founder of Dawn Entertainment and half the team behind it, co-founder and former CTO of Authorea and former physicist. He is comfortable architecting and building full-stack web applications and has interests in computer vision, augmented reality, and machine learning. -
Cathy aka @fdCathy ā Community Developer, Brain and Physicist
University professor and collaborator at the largest particle accelerator in the world. Her main interests include looking for new particles arising from models with extended gauge groups, investigating possible sources of lepton flavour violation and the baryon asymmetry in the early universe. -
Olivier aka @El-Kif - Researcher, Diamond Hands and Investment Manager
Olivier studied actuarial sciences and worked in different roles in the banking industry : from risk manager to product specialist and finally as an investment manager managing large funds. He loves investing in disruptive technologies and as such was attracted to the cryptocurrency industry. He thinks that our investment decisions today will lead to a more equal world in the future. -
Joƫl aka @Ovenpunch - Project Manager, Dreamer and Investment Manager
Joƫl studied quantitative finance and worked in different industries: hedge fund, energy trading, advisory, before working as an investment manager managing large funds. His passion for investments is what drove the idea for this project along with the need to offer better protections to investors in the crypto space, especially in the NFT space. He is in charge of project growth and evolution.
Strange NFT Art:
Istvan is quite active on the ETH blockchain under diverse artist names and we would use one of his previous collections to make a generative NFT with an AI quality check integration and manual touch-up on rarer pieces.
We want to keep the NFT a secret until we get closer to launch date, but it is one of the collections in the image below:
You can view his personal projects here: https://chaoticatmospheres.com/projects
And clients projects (thereās big names here like David Bowie, Pink Floyd, AC/DC): https://chaoticatmospheres.com/copie-de-projects
Strange NFT Roadmap:
We have a rough estimate to mint towards end of December, but this will all depend on the market and how much we grow our followers base. We wonāt consider a mint as long as we donāt have a critical mass. I would estimate that number to be around 4ā000-10ā000 followers on Twitter. Weāre not looking to over-hype this project with cheap marketing strategies (i.e. share and tag 3 friends), but rather appeal to peopleās common sense. We would say that weāre more serious in nature than other projects (that doesnāt mean we donāt like to have fun). We just want to appeal to investors because of the common sense we put into structuring this project and also target a class of investors that is conscious about the value of their investments in NFTs, interested in a higher quality product and an NFT with utility. We believe that the investor and the community will build around this product as it offers novelty, high-quality art and financial security.
Our developer and our artist are currently working on the iterative part of the NFT. We just secured our website and will start building it. The basics for our Discord channel are more or less built, but we havenāt opened it to public yet and will likely only open once we reach a certain amount of Twitter followers (1000-2000). We want to build excitement and keep our NFT a mystery until we reach a certain following. In the meantime, we might design and mint a Strange NFT Pass to early adopters which will keep the excitement high, reward early adopters and give us time to make sure our final product is up to our standards.
Benefits for GRAPE:
- Here I have listed proposals that were in the previous GROMs proposal and adapted them to be able to fit our model. I donāt think this is exhaustive as I believe we will come up with ideas that benefit both parties along the way. If someone in the process needs to be rewarded above and beyond, we would make sure thatās done.
- 7.5% of the Strange NFT teamās gross minting income
- 7.5% of the Strange NFT teamās NFT supply of Strange NFT (NFTs cannot be sold on the marketplaces by GRAPE for 1 year after mint)
- Strange NFT will offer pre-sale tickets to GRAPE members for the Strange NFT mint and for every subsequent NFT mint launched on the Strange NFT platform
- Strange NFT will provide GRAPE with priviledged access to the NFT lanchpad
- Strange NFT will offer alpha bounties to itās members that are paid in GRAPE
- Strange NFT will hold a minimum of 2.5% of GRAPE in itās treasury at all time
- Release 1 Grape x Strange NFT collaborative NFT for each NFT mint launched on the Strange NFT platform
- Market and advocate for the Grape Incubator Program
- Provide mentorship to future Grape Incubated Projects
- Provide mentorship to Grape applicants in domains related to art, science and finance
- Be part of a project that could change the NFT landscape (my very biased viewā¦)
What is expected of GRAPE:
- Here, I have listed most of the items in the GROMs proposal, but I donāt want to put numbers on what is needed or not. For the mutual benefit of both parties, there should be no limit to what is needed to bring a project to completion. We can bring this project to completion on our own, but we greatly increase our chances of success and the speed of execution by partnering with GRAPE. This benefits both parties in the end. We donāt know how much work this will require, the market will dictate that. My motto is if something is worth being done, itās worth being done rightā¦ and thereās no measure for that, itās whatever is necessary. It could be a little, it could be a lot, it could be in between.
- Help in any aspect of the Strange NTF Roadmap that is deemed necessary (not limited to product dissemination, writing of product articles (for example on Medium), website development, growing membership base, promotion, community building, helping to ensure an error-free mint, etc.)
- Help with the setup, maintenance and moderation in the Strange NFT discord server for the entirety of the term.
- Provide the Grape tooling free of charge for the entirety of the term.
- Market and promote the Strange NFT mint and future events.
- Provide access to the Grape workforce for any needs leading up to the mint.
- Mint date will be determined when the project followers reaches critical mass. This is an objective measure but rough guidelines are 4ā000-10ā000 twitter followers.
- Facilitate introductions and recommendations to Grape partners and investors when appropriate.
- Accept Strange NFT for the GRAPE Incubator
- Reject Strange NFT for the GRAPE Incubator