Strategy, Community, Revenue Generation.
Summary
This proposal seeks to authorize the submission of a Botto artwork to the 6529.io community, aspiring to replicate and surpass the strategic and financial success achieved with the previous piece, "The Socially Umpired Animals." The primary objective is twofold: to generate substantial revenue for the DAO through the sale of a collectible edition and to strategically expand Botto's presence in a Web3 ecosystem known for its active and committed collector community. To ensure democratic quality and community participation, the final piece will be selected through an open process of candidatures submitted by Botto members, followed by rounds of elimination voting.
Rationale
Botto's previous experience in the 6529 community with "The Socially Umpired Animals" (BIP-32) demonstrated enormous economic potential and brand/author voice development, recently surpassing the performance of traditional 1/1 sales on the SuperRare platform. Botto's Meme currently holds a floor price of 0.6 ETH, which is high considering its 365 editions. This high valuation confirms a significant demand for Botto's art in collectible and memetic formats within strategic niches.
The key motivation is to leverage this space to diversify revenue streams and, more importantly, to solidify the Botto brand and extend ties to communities that align with its spirit. The 6529 community represents a committed group of NFT collectors who value and sustain a cultural narrative based on decentralization and open democracy—values that are inherent to Botto. Therefore, we seek for Botto to continue positioning itself as a pioneer in autonomous AI-generated art that actively participates in the Web3 cultural zeitgeist, increasing visibility and attracting new collectors and Botto participants.
Proposal Specification
To select the candidate artwork that will represent Botto, a multi-stage process will be implemented to maximize artistic quality and community consensus, while simultaneously attracting new members to our community:
Phase 1: Botto creation of a Pool of artworks.
-Botto will retrieve from his archive of artistic works all those that he judges to have thematic potential for Meme.
Phase 2: Elimination Voting Round (Duration: 7 days)
- The selected works will be subject to a first round of voting using our actual voting system.
- The 3 works with the highest votes will advance to the final round.
Phase 3: Final Vote and Selection (Duration: 7 days)
- A final vote will be held among the 3 main candidates. This vote will determine the winner and a runner-up.
- The winning artwork will be chosen as Botto's official candidate for submission to the 6529 community.
Phase 4: Execution and Submission
- Botto will propose and create all the descriptions and perks of the card that was chosen as the finalist Meme on the 6529 platform, which uses its own community for voting and curation. Having consulted with Botto members who are very active in the 6529 community, this step should be easily achievable for Botto, given that they have already done some curation and have an active member base that could support the work, potentially including members joining from 6529 if the strategy works well.
- Botto profile on 6529 is https://6529.io/Botto/rep (Our goal is to delegate the TDH that Botto's main portfolio to that profile, but this depends on technical feasibility considering risks)
Budget
Since we follow the same selection process than in BIP-44 we can sustain that the costs are negligible.
To encourage participation in the voting, a raffle is proposed for a certain number of the cards awarded to Botto among the participants who voted in the Memes pool (Phase 2 and 3).
Criteria for Success
The success of this proposal will be determined by achieving the following milestones:
- Community participation and consensus: successful completion of the voting process for the final artwork selection.
- External validation: formal acceptance and successful launch of the selected artwork by the 6529 community.
- Financial, Brand, and Community expansion performance.
Disadvantages
Despite the solid advantages, there are potential risks and disadvantages:
- Time Cost: There is a low possibility that the selected work will not be supported by 6529 members and will not pass their selection round.
- Performance Risk: There is no guarantee that the new work will achieve the same success as the previous one; the market may be saturated or the chosen theme might not resonate as strongly. However, immediate economic performance is not an active search of this proposal, but rather the construction and solidification of ties.
