NFTs are a groundbreaking intellectual property mechanism for artists. Even so, the so-called creator economy establishment is constrained by self-referencing centralized platforms obstructing creators’ and collectors’ experience.
By appropriating the means of artistic production, centralized protocols limit the Cambrian Explosion intrinsic to permissionless technologies while arbitrarily deciding who will benefit from their recommendations. In addition to favoring insider deals, this situation reduces the emergence of rising artists.
Nonetheless, curation mechanisms are necessary as they positively extract signals from noise while offering a built-in audience for promising artists. Both creators and collectors benefit from noiseless on-chain marketplaces where they can safely nourish fertile links.
Driven by the burning desire to offer NFT enthusiasts the decentralized experience they deserve, Nil’s initial contributors introduce the Nil DAO, a decentralized cooperative leveraging the Nil Protocol V1.
Initial contributors refused institutional money and all forms of pre-allocation in preference of a completely fair launch, putting the responsibility of the DAO development in the hands of the people.
At the core of Nil resides the concepts of creator’s ownership over their platform and permissionless curation. Operating simultaneously on Nil, these principles unlock powerful leverage for participants, among which curating activities serve the artists while offering them a considerable network of passionate collectors.