One of the main goals of RAW DAO is to curate the world's best collection of photography.
In order to achieve this goal, it is necessary to have a reliable curatorial process that consistently produces good acquisition decisions.
We already have a traditional, committee-based curatorial process in place. In the spirit of Web 3.0 and decentralization, we'd like to explore a broader and more democratic curatorial model, which could eventually dethrone the traditional model, while engaging more members and building a stronger community.
There are many challenges and obstacles to overcome in such a model, such as conflicts of interests, frontrunning, assuring fairness, maintaining decision quality and cohesion, as well as many operational hurdles.
Achieving this vision would mean successfully pioneering a new model for global, collaborative and decentralized curation --- a major achievement both from a cultural, democratic and organizational point-of-view. A stronger and more engaged community with a better collection should come along as results of this achievement.
The purpose of this proposal is to present the first iteration of this curatorial process in an attempt to fulfill this vision, for which we believe the effort to be worthwhile.
The main objective of this curatorial process is to select for artworks that:
It is clear that no artwork will meet all these requirements; members should instead aim to choose works that meet as many of these criteria as possible, in their opinions.
The decision making window will be open for the following 2 weeks;
Members will vote on their preferred nominations via an approval voting system, in which members will be able to vote for as many collections as they like;
this election will not be token-weighted, instead treating all members' votes as the same.
Campaigning for nominations is prohibited. Members aren't allowed to solicit other members or attempt to influence their decision making in any way without their request;
violation of this rule will result in a member's suspension from the curatorial process for 3 seasons.
All information concerning the curatorial exercise is confidential (with the exception of this proposal), available only to authenticated members of RAW DAO, and in no way shall be shared with third parties;
violation of this rule will result in a member's suspension from the curatorial process for 6 seasons.
At the end of the voting window, nominations will be ranked by the number of votes they've gathered by members;
Selected works from the top 3 collections ranked by this method will be acquired by RAW;
The incumbent curation committee will be in charge of choosing which specific artworks from each winning collection shall be acquired;
alternatively, a team can be formed by the curation committee to handle this task.
If a collection from the top 3 has already been acquired by RAW in the past, the team-in-charge can choose to acquire another piece from it or skip it in favor of acquiring an extra piece from the other collections in the top 3;
If the budget isn't enough to acquire works from each collection, then as many works shall be acquired as possible while respecting the season's budget, in order of most voted collection to least voted;
If there is any remaining budget after a single work has been collected from each winning collection, the curation committee shall choose to acquire more pieces from the winning collections as they see fit, up to the approved budget for the season;
Any leftover budget after that will remain in the vault.
The incumbent curation committee will be in charge of negotiating and executing the acquisition of the elected works;
alternatively, an acquisitions team can be formed to handle this task with an appropriate compensation budget.
Acquisitions can be timed to take advantage of favorable market conditions, but shall be settled at most within 1 month of the closing of the voting window, and ideally during the last week of the month;
If a colletion has varied in price less than (or equal to) 20% during or after the voting window, an acquisition must still be made;
Any price variation greater than 20% will make proceeding with the acquisitions subject to the team-in-charge's judgement;
If it becomes clear/known that an artist has tinkered with their price during the season in anticipation of their work being acquired, then the acquisition must be cancelled.
Given the experimental and complex nature of this process, we should expect hiccups and imperfections along the way. It will be very important that the community adopts a supportive and patient attitude as we attempt to rollout this new mechanism, in the event that it is approved.
Lessons will be learned and we shall amend and update this proposal accordingly.
Thank you for your attention and let's get moving!