Machi Big Brother's AIP-304 Proposal Worth $12M, Successfully Passes
- AIP-304, the Digital Art Movement Collection led by Machi Big Brother, gains unanimous approval from the ApeCoin community, marking a groundbreaking development.
- The initiative aims to curate an exclusive NFT collection featuring prestigious Yuga assets, including Bored Ape Yacht Club (BAYC) and CryptoPunks.
- An allocation of 11 million ApeCoin tokens (valued at $12.2 million) will support this initiative, with distribution details to be determined collaboratively with the APE Foundation.
- The collection’s purpose is to legitimize digital art, educate the public, and support emerging artists.
- AIP-304 aligns with a broader trend in the NFT realm, exemplified by initiatives like the Museum of Crypto Art (MoCA), which showcases artwork globally in virtual and physical spaces.
In a groundbreaking development that has sent shockwaves through the digital art and NFT community, AIP-304, the Digital Art Movement Collection led by visionary Machi Big Brother, gained unanimous approval from the ApeCoin community.
This historic decision not only cements its place in history but also signifies the commencement of a thrilling journey poised to redefine the very essence of digital creativity.
At its core, AIP-304 is a visionary proposal with a clear mission – to curate an exclusive NFT collection of unparalleled prestige.
AIP-304 passed! Now they always say @apecoin DAO congratulations!— Machi Big Brother (@machibigbrother) September 21, 2023
Worked so hard, forgot how to vacation.
They ain't never had the dedication.
People hatin', say we changed and look we made it
Yeah, we made it
Yeah we made it pic.twitter.com/mjpEqmz9Ip
This collection will proudly showcase esteemed Yuga assets, including the illustrious Bored Ape Yacht Club (BAYC), the enigmatic Mutant Ape Yacht Club (MAYC), the dynamic Bored Ape Kennel Club (BAKC), and the iconic CryptoPunks, among other highly sought-after NFT treasures.
As an integral part of this ambitious journey, a substantial allocation of 11 million ApeCoin tokens, amounting to an impressive $12.2 million, will be meticulously distributed in installments.
The specifics of this mechanism will be collaboratively determined alongside the APE Foundation at a later juncture.
Curating the Digital Art Movement Collection
AIP-304 revolves around curating the Digital Art Movement Collection.
This collection will be a carefully selected assembly of NFTs, with at least 70% of them being Yuga assets.
Yuga Labs, the creator of iconic NFT collections like Bored Ape Yacht Club (BAYC), and CryptoPunks, has been at the forefront of the NFT revolution.
By including a substantial portion of Yuga assets, the collection aims to legitimize digital art and make it more accepted by the traditional art world.
The remaining 30% of the collection will consist of other notable NFTs, which could include NFTs from other influential projects and emerging artists.
The goal is to showcase a diverse range of digital art to educate the public about its significance in the modern world.
A Collaborative Effort
AIP-304 is not just an individual endeavor.
The proposal is backed by the ApeCoin DAO community, and the collection will be curated by a team of experts, including members of the ApeCoin community and trusted figures in the NFT space.
This collaborative approach ensures that the collection will represent the best that the NFT world has to offer.
Educating the Masses
One of the primary goals of the Digital Art Movement Collection is to educate the public about digital art.
The collection will be exhibited and donated to art institutions worldwide.
By making digital art accessible to the public and showcasing it in renowned institutions, the project aims to raise awareness about the importance of digital art in our modern culture.
A Positive Impact on the NFT Realm
AIP-304 has the potential to make a significant impact on the NFT realm. Here are some specific changes it could bring:
- Legitimizing Digital Art: By including Yuga assets and other notable NFTs, the collection helps legitimize digital art as a valuable and influential form of artistic expression.
- Public Education: Exhibiting the collection in art institutions worldwide will educate the public about digital art’s cultural significance.
- Supporting Emerging Artists: The collection’s inclusion of NFTs from emerging artists supports and promotes new talent in the NFT space.
- Creating an Inclusive Community: The project fosters a more inclusive and diverse NFT community by showcasing a wide range of digital art.
- Raising Quality Standards: AIP-304 aims to raise the overall standard of quality in the NFT market by curating a high-quality collection.
Similar Moves in the NFT Realm
AIP-304 aligns with a broader trend within the NFT sphere, where initiatives are emerging to champion and advance digital art and culture.
Among these initiatives, the Museum of Crypto Art (MoCA) stands out.
It boasts a rich collection of artworks showcased in both virtual and physical settings worldwide, emphasizing partnerships with its community and like-minded entities.
MoCA’s impressive track record includes 20 virtual exhibitions across six digital realms and physical exhibitions in 15 global cities, including New York, Shanghai, and Barcelona.