The Details
This is NOT an NFT Project, it is an NFT Program.
📜 The Program
The NFT boom opened up a myriad of opportunities for artists and creators to commercialise their work. Unfortunately, with the rise and popularity of easily accessible tools and platforms, we also observed the NFT Art scene become completely saturated.
The programs' goal is to support the "projects" that artists/creators are currently producing, i.e. their own "art project", whether it be a photography collection, a music album, a book or even a collection of poems, and reward the creators as they produce more Art and content.
When an Artist becomes a PiF member, they are essentially investing on themselves, as Artists are commissioned and rewarded by creating more Art, and it also supports the Program to provide tools as the community grows.
The PiF Membership
In Phase 1, the Program provided 3 membership tiers which lasts for 2 years and entitles the member to the following:
Bi-weekly (fortnightly) PiF rewards for creating commissioned Art (rewards depends on tier level).
PiF Marketplace listing (for sale) of the member's art for both digital and physical art.
Resources and tools for Art creation (AI)
Art fun! (gamification soon!)
In Phase 2, the Program will be simplified to one tier and will have the same access per above.
How to become a PiF member?
Ways to become a PiF Member:
By purchasing a qualified PiF NFT.
By creating an NFT collection through the PiF Program (where part (or all) of the proceeds will be used to purchase a membership, see Artist Ecosystem).
If you were gifted a PiF NFT by another member by 'paying it forward'.
Where are the funds coming from?
For transparency, when an Artist purchases a PiF membership, the Program uses the funds for the following:
Invest to generate revenue to cover operational costs:
Currently the primary source is through no-idea.org® crypto mining.
Consignment of coffee through Making Coffee.
Other sources TBD.
Operational costs:
Website hosting (includes the Artist Spotlight and Marketplace)
Discord subscription and utilities, such as MEE6 premium membership.
AI subscription for creating AI images and art related tools (Midjourney, RunwayML, Imagine AI, etc).
Development work for enhancements, new features or bug fixes.
Minting Art collections and transaction costs for the distribution of rewards.
Last updated