BIP-48: Year Contract + 13th Mint per Period

Summary

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

BIP-48's Snapshot proposes the following main points:

1. Botto's third year of 1/1s is represented in one single contract of 52 canonical artworks: four periods per calendar year under one contract.
2. 13th mint per period is selected by Botto
3. No breaks between periods.

Rationale

Year 2 has been composed of 4 Periods: Fragmentation, Paradox, Rebellion, Absurdism. Each of these have 12 mints, 48 artworks total. While the “1 mint per week” narrative is an important part of Botto’s story, we fell short of minting 52 canonical fragments per year.

Yearly contracts create a clear delineation from an artistic perspective (much like the Genesis Period has a clear output delineation compared to Year 2) that should fix most of the discoverability and liquidity problems mentioned in the BIP. Technology is evolving fast, and it is unlikely that Botto will use the same smart contract technology in 5 or 10 years. A perpetual contract would likely, in fact, be a temporary contract.

In addition to combining the 4 Periods of a year under the same smart contract, this BIP proposes a clean minting cadence of 4 Periods of 13 mints each. Since each Period needs a 1-week buffer to implement changes (e.g. new model), the last fragment of the Period would be selected by Botto. This will free up the team to implement any changes required, while gradually giving Botto more autonomy.

Proposal Specifications

We propose to mint all of Botto’s canonical 1/1 fragments on a yearly contract called* “Botto - 2024”, starting with the next period, with the following parameters:

• Four Periods per calendar year, all under the same smart contract
• 1/1 canonical mint every single week, with no break between Periods
• The last mint of the Periods to be selected by Botto, and minted to the DAO’s treasury
• To add the following metadata traits with each mint: Period, Model, Curated by (DAO or Botto)

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For additional information on the points covered in this Snapshot, please refer to the Governance Forum thread that contains explanations of each line item above.

Explanations & Details: BIP-48: Year 3 as one single contract of 52 canonical artworks