Mechanics
We have given you the ability to improve your nft’s standing within the collection. You will have access to attempt to “foil” your nft through a portal that resembles a simple minting site. Only 0.001 % of the collection will be released as a foil. This is where you can improve your standing within the collection. We will give all of you the opportunity to have a round table with the leaders of the new world order. For 1 sol, you can ask them to foil your nft. The leaders of the new world order are ruthless, and you have a 1% chance to foil your nft. Your call, do you risk it? If you foil your nft…you instantly become one of a maximum of 100 foiled dictator nft’s.
What does this practically look like? Well, on our website there will be a link to sit at the roundtable with the new world order. You connect your wallet, pay the 1 sol spin, and your selected dic(Dictator) will be given a 1% chance of foil. Now as a side note, every foil attempt of an nft will be registered on the nft itself in a little counter. This will then show everybody how many foil attempts the nft has been through. This is of itself creates a rarity dynamic.
Ultimately, this mechanic is not perfect. I will call a spade a spade and be the first to admit that if someone drops 50 sol on the nft, they will likely foil it, immediately raising it’s value and rarity into the top 100. But the mechanic is designed to incentivize people to have a spin or two and leave it at that. This will ultimately create some parity across the playing field regardless of how much sol you have in your wallet to “sweep the floor”.
Goals
Our goal is to be a community-driven kickstarter of sorts. With the foil mechanic at play, you might think “where is that money going?” well, we want to use 100% of it to go towards the funding of other nft projects within the solana eco-system. What does this mean?
We want to literally pay for the launch costs associated with mint for up-and-coming collections with the funds accrued by this foil function in the ddc collection. We want to see artists given a chance even if they don’t have the funds or connections to pull it off. More about what projects get funding and how much later.
Dao
So how do we choose projects to fund and how does it benefit you? Well this is where the dicdao (lol) comes into play. We want the community to be the ones to decide on what gets the funding and what should be supported. Not only does this mean that artists without the means can have a crack, but the dicdao can secure access to airdrops and whitelisting through the support of new collections. Win win win. Lambo.
So how does the dicdao transfer the funds without access to the pool? Well, that would be a conversation for devs to have with the dicdao, but as we see it, we believe in decentralization and we will not put ourselves in a long-term position of control over those funds that are meant for community development within the ecosystem.
Finally, how much funding does a collection get? Well again, dicdao will decide this. But logically speaking, the higher the investment from dicdao, the greater the perceived return to dicdao. If an artist literally only can provide art, and needs a full setup service around them, the dicdao could certainly negotiate accordingly. It would be a community decision by that point, the way it should be.
