PoetGallery
PoetGallery is the first decentralized NFT Bookstore for Poetry Collections. Artists and Poets co-create a shared Poetry Collection, of which they have full ownership, and whose royalties are shared amongst all the contributors.
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Problem Statement
Artists and Poets co-create a shared Poetry Collection, of which they have full ownership, and whose royalties are shared amongst all the contributors.Inspired by “Le Cadavre Exquisite” - it’s a creative experiment where each participant contributes to a collective poem, writing 3 lines of poetry, and reading only the last one before theirs, till the completion of the poem.ArtistsCan create Artworks & Covers for surrealist Poetry CollectionsYou choose an Archetype and a line of poetry that represents your ArtworkYou upload Artwork + brief descriptionPoets can select your Artwork as the cover of the Poetry CollectionEvery time your Artwork is selected and the Collection is sold, you get royalties. Forever.Poetscan create collective Poems & Poetry collections based on a theme.Join an Open Room, or create your own.You choose Archetype & cover.Each participant writes 3 lines.Once the Room is closed, the poem added to a unique collection.You and the other poets receive an equal amount of profit for each Collection Sale. Forever.RoomsRooms are where Poets compose the individual, collective poems part of a Collection. Rooms can be of 2 types: for 3 or 5 Participants (Poets).Each Poet adds 3 lines, so:Rooms with 3 Participants will always generate 9-line poemsRooms with 5 Participants will always generate 15-line poemsCollectionsEach Collection is composed by the individual Poems created in the Rooms. Each Collection will have in total 135 lines:3-poet collections will have 15 poems / collection 5-poet collections will have 9 poems / collectionTokenomics & Distribution:a. 3-poet collections will always have 60 participants (45 poets + 15 artists) b. 5-poet collections will have 54 participants (45 poets + 9 artists) c. We do a linear distribution, so if the same person/address repeats, it just gets paid 2, 3, ..., times. d. Breakdown is as follows:20% for Room Creators & 20% for Artists: 1.1. 3-room collections: 2.22% per Room Creator, 1.33% per Artist 1.2. 5-room collections: 1.33% per Room Creator, 2.22% per Artist40% for other Poets participating: 2.1. 3-room collections: 1.33% per Poet (30 participants) 2.2. 5-room collections: 1.11% per Poet (36 participants)10% for Dev Team10% for DAO Treasury & Protocol Development
Solution
IPFS NFT Storage: for practical reasons of decentralization, usability, and permanence of Data.Contracts deployed on Polygon: ecosystem, reliability, and infinite potential to build and customize a multi-NFT Marketplace for Art Collectives.NFT Poetry Books deployed on OpenSea: still the most straightforward, and Artist-/Developer-friendly MarketplaceMultisig Treasury with GnosisSafe: PoetGalleryDAO & Profit Distribution
Hackathon
NFTHack 2022
2022
Contributors
- migrenaa
4 contributions