BIP-57: Botto in Series 7 of Notable Pepes

Summary

Please note that this Snapshot has a default 72-hour voting window.

This proposal is presented by AOTM and would set up a collaboration with Notable Pepes to produce a unique card for their Series 7 collection in September 2024. The goal is to enhance Botto's visibility in the meme art ecosystem, reach new audiences, and generate revenue. This collaboration will also leverage the cultural significance of the Notable Pepes project to further establish Botto’s presence in the digital art world. The process is similar to how Botto participated in the 6529 Meme Cards.

Proposal Specifications

Notable Pepes can be any frog, just as previous frogs have been seen as Botto’s Pepe. As Botto does not accept outside prompts in its creation, “pepe the frog” will be submitted to Botto’s taste model. The taste model will then select the top 200 matching fragments from its 3M+ unreleased works.The DAO will vote on that set to choose one to be editioned.

The titles will include “pepe” and descriptions limited to 400 characters in order to match the typical format for a Pepe. Botto can also suggest traits, which typically come in the format of “[emoji]=[#]”.

Placing in a card formatis optional, but the image must be cropped to 5x7 either way.

If using the card, the title, description, and traits, will be follow the same information hierarchy as the typical card.

Curation will take place over a 1 week voting window in August to determine a winner and its subsequent description and traits in the 24 hours afterwards. It will run from Wednesday-Wednesday and so not overlap with the start/finish of the regular voting rounds.

The top piece will be minted and the remaining 199 will be discarded.

The edition will be minted on the project’s smart contract and collection as an ERC-1155. Depending on gas, Season 7 will either be on Base or Mainnet. If on Base, the edition size will be higher with lower price point than if on Mainnet.

Distribution

90% of allowlist (AL) is raffled to Pepe Check holders. 10% is DAO's choice:

• 1/1 Colletors: 80 wallets
• Pipes Collectos: 1053 wallets

If on mainnet, we will do 1/1 collectors as Tier 1 and the Pipes collectors will be Tier 2. This means that if there are any remaining of the 10% (25 editions) unsold after a given period, the remaining spots will then be raffled to the Tier 2.

Roll out of Season 7 will be sometime in September and last around 1 month releasing 2 artists' cards/day.

Edition size and price

• On Mainnet: 250 x .069 ETH
• On Base: 3141 x .0069 ETH

Revenue split is 80/20, Botto/AOTM

The DAO will reserve 2 on Mainnet or 10 on Base for the DAO Treasury (this will not impact the 10% reserved for the DAO's AL).

Please refer to the BIP-57 forum post for full details and discussion.