🎨ARTDAO
Not only does tomi leverage the best of Web2 and Web3, the network also leverages the best practices and traditions of currency minting. As such, the TOMI tokens, while fully fungible, include artwork for every issuance of the token. Just as fiat coins and banknotes include beautiful artwork, tokens will include artwork as well.
The ArtDAO allows anyone to submit artwork for the daily token issuance. Membership in the ArtDAO is separate from membership in the tomiDAO (users can be members of both). The ArtDAO will use a contest-based DAO mechanism similar to JokeDAO to choose the daily winner for the artwork to be featured on the tokens for the day. The designer will receive 720 TOMI tokens, newly minted by the smart contract, per each auctioned Pioneer club NFT carrying their artwork sold.
The ArtDAO will also include a screening committee that ensures that the submitted artwork complies with the community guidelines (no derogatory, violent, or adult content) as well as prevent abuse in the ArtDAO. Active committee members split additional 180 TOMI tokens, newly minted by the smart contract, for each Pioneer club NFT sold. The ArtDAO committee can determine the mechanism by which they assess the artwork. Additional 180 TOMI tokens, newly minted by the smart contract, for each Pioneer club NFT sold will be divided between the voters on the winning design.
The artDAO can also be used to vote upon different designs in the tomi ecosystem, such as UI/UX product designs.
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