Idea summary
A non-fungible token (NFT) is a type of cryptographic token which represents something unique. They are made with ETH
and what some individual digital artists have done is create collectible art tokens with their work.
These artists are looking for a decent place to sell their works for a fair pricecompared to the amount of work artists have put into their pieces.
As a digital artist myself currently hunting down a place to simply auction what I create has proven a challenge.
The places currently available for digital art non-fungible tokens are either open to all types of non-fungible token and consequently
makes the market flooded with collectible cryptogame items and the market audience is looking for a cheaper deal (Opensea)
or they are for only digital artists (SuperRare,Known Origin, Makerplace) have waitlists up to six months, or have requirements of only one art token made with the chosen art piece. A dedicated art auction house for digital artists would make their art pieces feel like a paint to canvas piece or art collection that is going to a gallery auction and this would make their pieces more valuable. Artists want a place where they have the choice to auction one of a kind pieces, several same pieces, or artistic bundles.
Idea implementation/execution
The AMPL Digital Art Auction site would use AMPL for bidding on the collectible tokens.
Using Ampl as the currency in this project would further help develop AMPLs partnership with ETH, give AMPL a use outside of liquidity farming random tokens, and would see value in using AMPL as an opportunity to collect a variety of rare art tokens from different artists around in the world.
Budget/cost
Budget is unknown right now but if this is a popular idea and people want to help with some funding they are more than welcome to get in contact with me, maybe I can come up with some custom art in exchange.
Idea timeline
Idea timeline is the same as the budget but I could look into something if this looks to be popular. I can maybe get an alpha going a couple weeks after and if people want to help with the auction site and coding feel free to get in contact with me too.
This is a fun suggestion. Communities thrive on memes so there is tremendous value here. Could we gamify the nature of interacting with AMPL?
Is distributing NFTs as simple as sending fungible digital assets? I have a bunch of ridiculously priced NFTs that I would be happy to transfer to the early members here.Â
https://app.rarible.com/ampl/onsale
Perhaps we can hand them out to the first 100 Amplifier badge holders? Or give them out as rewards for some other things? Or even just give them out for free as a collectible/souvenir, or whatever other use case the community agrees on for the AAH.
If anything this kind of provenance can harness network effects because the longer an NFT is in existence, the greater the potential Lindy effect; and the greater the (potential) Lindy effect, the more robust is the capacity to recruit more people.
Or such might be the myth about other myths lol.
I dont see why not 🙂
Ampl game collectibles would be fun and maybe something to add in the future somehow into the AAH (Ampl auction house for now until a proper name is planned lol)