Summary
Allocate 1,000,000 $RARE tokens to a 5-member Collector Committee to commission and acquire SuperRare artwork on behalf of the SuperRare DAO.
Abstract
The SuperRare DAO is the center of the SuperRare ecosystem.
To date, it consists entirely of ETH and $RARE tokens.
This proposal looks to create and fund a Collector Committee tasked with seeking out the best artists in the SuperRare ecosystem, and collecting that work to live inside the SuperRare DAO.
It will initially consist of 5 members, and all works must pass a majority vote within the committee to be collected.
In doing so, the DAO becomes a reflection of that platform it governs, giving a home to the most prolific and up and coming artists on the network.
Motivation
$RARE tokens should be utilized more actively within the SuperRare ecosystem.
This proposal looks to empower a group of curators with proven experience and history within the SuperRare community to seek out the best work to be owned by the DAO - and in turn, all $RARE tokenholders.
By creating a Collector Committee, the DAO can diversify its holding and strive to attain the most prolific NFTs in history.
Imagine if the DAO owned a Lost Robby. Early XCOPY’s. Early Pak’s. Early Coldies.
For the first time in history, this is now possible.
This proposal looks to present the intent and general framework to the community with the hope and ambition of refining the amount, members and structure through governance.
Specification
Allocate 1,000,000 $RARE to a 2 of 3 multisig consisting of Council Members to act as escrow as the 5-member Collector Committee is being established.
The Collector Committee should retain full autonomy over the work it collects and commissions, with a three month period to assess its impact.
At the end of the three month period, tokenholders should vote to renew the program, and if applicable, substitute members of the committee.
For those interested in applying, please respond to this post answering the following questions prompts:
- Name
- SuperRare Profile
- Relevant Experience
- First Artist You’d Commission
This proposal will look to aggregate the best responses, and grant the SuperRare Council the power to select the first wave of Committee members.
From there, those nominees and the 1,000,000 $RARE will be presented to a tokenholder vote on Snapshot.
Each member of the Committee will receive 5,000 $RARE per month, unless they choose to defer payment.
Benefits
Having a dedicated DAO collection allows the DAO to directly support artists while at the sametime building a world class collection of crypto art. This will raise awareness for emerging artists and create a historical record that adds context as this space evolves. Additionally this proposal will help distribute more RARE to new artists on SuperRare.
Drawbacks
There is an opportunity cost to allocating these funds to the collecting committee.
Outcomes
Help distribute $RARE to new artists entering the ecosystem and diversify the SuperRare treasury. The Collector Committee would be responsible for curating work from established artists as well as spotlightling new emerging artists on the platform.
Poll
- Yes - Set up a Collector Committee
- No - Not in support.
0 voters