OnlyOnePixel will be having its snapshot of the grid taken to be auctioned off on the 21st of August in opensea. 90% of the proceeds will be returned to pixel owners. Currently, it is not clear that this event would be a one-off event or a recurring event.
In the nature of the project as a collaborative work of art, I am proposing a recurring snapshot auction. Having it as a recurring event will continuously keep its pixel holder engaged in collaborating in creating art through online coordination. Pixel holders are also incentivised to keep their pixel as holding it allows them to continuously earn a proceed from each recurring auction.
Here are what I proposed:
Biweekly - we will continue to have a recurring snapshot of the grid to be auction off every two weeks
Monthly - we will continue to have a recurring snapshot of the grid to be auction off every month
Quarterly - we will continue to have a recurring snapshot of the grid to be auction off every 3 months
Once - we will only do this auction as a single event