AIP-304: Create the Digital Art Movement

HIGLIGHTS:
Author: Machibigbrother

Abstract

Create the Digital Art Movement Collection’, which will curate an NFT collection consisting of Yuga assets (BAYC, MAYC, BAKC and Punks), along with other notable NFTs (art and otherwise), to accelerate the advancement of the digital art movement globally.

Steps to Implement

1. Create a Digital Art Movement Collection Safe multisig. Key holder selection can include top AIP voters, both FOR and AGAINST, and trusted members of the community.

2. Send Foundation-approved quantity of ApeCoin to the newly-formed Digital Art Movement Collection Safe multisig.

3. Machibigbrother and the tastemaker team will execute the selection and curation of the NFTs.

4. To avoid any conflicts of interest, the Digital Art Movement Collection will be restricted from buying any NFTs owned by Machibigbrother and the tastemaker team. Nor will they acquire any NFTs recently (within 1 month) transferred or sold by Machi and the team.

5. The Digital Art Movement Collection will reach out to institutions of art appreciation such as museums, schools, and galleries and begin arranging collection exhibits, and gallery showings.

Timeline

The team is ready and the project will begin as soon as the AIP is passed.

Collection Milestones:

1. Initial curation of the collection

2. First showing/event of the collection

3. Grants of NFTs to notable art institutions, e.g.- The LACMA, The Getty Center, The Louvre, The Met

Governance Milestones:

1. Creation of the Collection and multisig

2. Deployment of governance token and staking process for token distribution

There is no completion date, as the project will be ongoing and self-sustaining. We intend to deploy at least 50% of our capital budget within the first year.

Overall Cost

11,000,000 ApeCoin to be provided in tranches via a mechanism to be determined together with the APE Foundation at a later date.