We’re not only an association – we also run on-chain and have gained real life experience when it comes to using new technologies such as blockchain in the artistic context. All whilst being closely connected to and focussed on nature, and artist support.
So what does that mean and how did we get here?
Let’s get into what we have done – and learned – as well as our next steps.
After a creative hackathon on NEAR, the muti DAO (Decentralised Autonomous Organisation) has been set up.
A DAO is, in very simple words, the digital equivalent of a cooperative, company or association, which is using code to execute tasks (such as payouts or decision making). It allows a horizontal governance structure and a safe storage of funds, as there is no one-person leadership (in theory). Decisions have to be made collectively in order for actions to happen, and everything is stored on the blockchain, therefore visible for anyone with an internet access.
The world of new technologies seems promising – especially web3, always hyping the fact that artists can finally be remunerated fairly and disrupting the traditional system. After working with it for 4 years, we can say that we gained a fair share of experiences and believe that a more honest communication is needed.
What we have learned (the hard way at times), is:
After the wild ride, we’re now at a place where we know how to experiment with technology to support artists. We:
