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    Home » Sponsored Content » DAO4ART: Revolutionizing Art Creation and Ownership with Royalty Tokenization

    DAO4ART: Revolutionizing Art Creation and Ownership with Royalty Tokenization

    By KokoMarch 4, 2023Updated:March 13, 20233 Mins Read
    Contents hide
    What is DAO4ART?
    Royalty Tokenization with DAO4ART
    DAO4ART, the Exciting NFT Art Platform With Surprising Benefits

    Get ready for a new era of art creation and ownership with DAO4ART ! The rise of NFTs has brought a new era of art ownership and creation. DAO4ART, a decentralized autonomous organization, is revolutionizing the industry by combining the ERC20 and ERC721 standards with a block structure to create an incentive-compatible model. The platform incentivizes all players to create the best art collection possible, with a focus on productivity and efficiency. Let’s take a look at this exciting DAO art platform.

    blue banner image with words DAO4ART
    DAO4ART incentivises NFT buyers and creators with royalty tokenization

    What is DAO4ART?

    DAO4ART is not just another NFT collection – it’s a decentralized autonomous organization (DAO) designed to produce even more DAOs that create amazing works of art. From PFP NFT collections to thrilling storylines, engaging fictions, and captivating ACG content, the possibilities are endless.

    Blockchain technology has come a long way, but it still lags behind Web2 and traditional finance in terms of cost-effectiveness. However,  DAO4ART combines the ERC20 and ERC721 standards with the block structure. Therefore, bringing forth an incentive-compatible model that has the potential to revolutionize the industry.

    DAO4ART is not just about art; it’s about leveraging the power of DAOs to drive productivity and efficiency. The platform is exploring new formats of art, such as PFP, Comics, Fan Fictions, Games, Derivative Works, Street Brands, and more.

    Royalty Tokenization with DAO4ART

    Well, there are three types of players in DAO4ART – the DAO Creator, the Canvas Creator, and the Minter-Owner. And the best part? All players are incentivized to create the best art collection possible, from the very beginning of the project.

    With an incentive-compatible model and automatically generated ERC20 tokens, both DAO Creators and Canvas Creators are rewarded immediately and long-term. In the current version, 70% of the mint sale goes to the artist’s wallet directly and immediately. 30% go into the DAO’s Asset Pool. Even better, a corresponding amount of DAO Token is awarded to the artist! Artists can swap tokens for Ethereum as soon as they receive the DAO Tokens!

    image of DAO4ART platform with lots of NFT images
    With an incentive-compatible model and automatically generated ERC20 tokens, both DAO Creators and Canvas Creators are rewarded immediately and long-term.

    DAO4ART, the Exciting NFT Art Platform With Surprising Benefits

    Finally, DAO4ART is a groundbreaking platform that combines NFTs and ERC20 tokens through a block-structure-based approach. This innovative integration creates an ecosystem where all collaborators can benefit from long-term incentives. Furthermore, the platform revolutionizes the NFT content production process and operations, introducing a new era of NFT intellectual property. With DAO4ART, everyone wins!

    Hop into the DAO4ART platform or browse the DAO4ART documentation to learn more!

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    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

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    Koko
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    Koko is a writer originally from Wales, now living in Australia. Koko is inspired by the creativity and innovation of Web3, and has previously worked within NFT born brands. With passions lying in both creativity and mental-wellness, Koko is also a qualified Therapist, and is captivated by the space between which self-love and creativity meet.

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