Nomination Instructions for the 2024 RareDAO Council Election

Governance Discussion
2

Name: Mr. Bahama

  • Snapshot Link
  • Ethereum Address / ENS Name: mrbahama.eth
  • Country of Residence: USA
  • Social Links & NFT Marketplace Profiles: Twitter

Role in the Crypto Art Ecosystem:

Role: Builder, Curator, & Collector

Professional Journey:

  • Ernst & Young (EY): I was a member of EY’s Enterprise Blockchain Team, focusing on product development for high-profile enterprise clients such as Microsoft, specifically for optimizing royalty payments on the XBOX Marketplace.

  • Decentraland Contribution: Played a role in the Initial Land Offering, contributing to the Decentraland Museum District and other key districts, focusing on artist curation and artwork showcase.

  • UMA: As a Product Manager, I was instrumental in developing Across.to, a top cross-chain asset transfer protocol with 4+ billionin bridging volume, ranked among the top two bridge options by aggregators 98% of the time,and an average of $13M in daily bridge volume.

  • TreasureDAO: I lead product at TreasureDAO, the largest and first web3 gaming ecosystem on arbitrum where the Treasure Marketplace conducted $264M in marketplace volume and was the 2nd highest grossing marketplace alongside OpenSea in early 2022

Alignment with Council Responsibilities:

  • Product Development in Web3: Over 7 years of experience, with a focus on problem-solving, strategy formulation, and community engagement.

  • Governance and Decentralization: Proven expertise in creating and implementing UMA Improvement Proposals, managing DAO treasuries, and optimizing governance processes with an emphasis on decentralization.

  • Sub-DAO Management and Strategy: My role in managing sub-DAOs aligns with the aim of ensuring transparency and efficiency in SuperRare’s operations while striving for a setup that enables Superrare to be open and decentralized.

SuperRare High-Level Problem & Solution:

Problem: It’s hard to discover and curate high value art in a, fair and open way
Proposed Solution: A gamified escalation game for discovering and curating high-value artwork.

In web3 product development, frame a strategy around creating new types of jobs that did not exist before. Blockchains are a coordination tool shaped by incentive structures. The future of work is on-chain, where micro-creators collaborate within a network to collectively achieve goals. In SRs case, our goal is to decentrally curate a high value art marketplace.

Proposed Network Actors

  • Artists: The creators and the core of SuperRare, providing unique digital art.
  • Connoisseurs: Evaluators influencing artwork visibility through RARE token staking.
  • Buyers/Sellers: Facilitators of art trade, critical to the platform’s marketplace dynamics.
  • Marketers (Space Curators & User Generated Content Creators): Combining artistic sensibility with strategic marketing to enhance artwork visibility.

Proposed Strategy

1. Create an Public Good Art Registry

  • Initial Step: Artists start by registering their digital artwork on the art registry.
  • Objective: To make their work discoverable to a global audience and eligible for curation and sale.

2. Artwork Evaluation by Connoisseurs

  • Action: Once the artwork is live on the art registry, connoisseurs – art enthusiasts and experts on the platform – are incentivized to begin their evaluation process.
  • Mechanism: They stake RARE tokens on the artwork to signal its quality. influencing its visibility on the platform.
  • Engagement: Connoisseurs can also provide insights or comments about why they value or critique the art, adding depth to the evaluation.

3. RARE Token Rewards and Artist Advancement

  • Result of Staking: The amount and positivity of RARE staked on an artist’s work influence the artist’s standing on the platform.
  • Escalation Path: As artists receive more positive staking, they earn RARE tokens, which helps them progress to more prestigious levels on SuperRare, gaining greater visibility and credibility.

4. Creation and Curation of Spaces by Curators

  • Role of Space Curators: Individuals who wish to curate collections or specific themes within SuperRare can become Space Curators.
  • Requirements: This role requires staking a certain amount of RARE tokens or having an equivalent amount staked on their curator profile.
  • Function: Space Curators create thematic or stylistic “spaces” on SuperRare, showcasing selected works and helping market artists work

5. User-Generated Content (UGC) and Marketing Initiatives

  • Platform for Marketing: Space Curators and other users can engage in marketing artists’ work through User-Generated Content, enhancing the visibility and sales potential of the artwork.
  • Incentivization: Performance-based rewards are offered for effective UGC that helps in promoting and selling artwork.

6. Art Discovery and Connoisseur Specialization

  • User Engagement: Users on the platform can filter and discover artwork based on their preferences and the recommendations of connoisseurs or artists.Users filter by connoisseur’s they like.
  • Specialization: Some connoisseurs may specialize in certain types of artwork, guiding users to discover art that aligns with their tastes.

7. Economic Ecosystem

  • Revenue Sharing: When an artwork sells, the artist, the connoisseur who staked on it, and the space curator involved all receive rewards in the form of $RARE, creating a collaborative economic model.

Addressing DAO’s Priorities:

Key Priority: Developing a decentralized protocol for curating high-value artwork in an open, fair and transparent way

My Contribution to addressing the priority: Aligning with the community on the strategy outlined above, adjust where needed, and manage execution.

2 Likes