<aside> 📣 First of all, you’ve got to check-out The MOCA Fundraiser DNFT for yourself: https://app.manifold.xyz/c/moca-fundraiser-2023.
</aside>
On August 22nd, the Museum of Crypto Art will launch this ^^^ MOCA Fundraiser DNFT as an open edition. Mint price: 0.0142069 ETH. This interactive, first-of-its-kind mosaic NFT consists of over 700 artworks by 700 unique artists. What’s even cooler is the MOCA Fundraiser DNFT itself can be used as a burn-to-redeem token by any and all artists interested in further contributing to MOCA’s continuing mission. This document provides a brief overview of what’s possible when using the MOCA DNFT as a redemption token, and why we’re so excited about this functionality.
By using Manifold Studio, creators can mint their own artwork using the ERC-1155 or ERC-721 standard, which can be made exclusively claimable using MOCA Fundraiser DNFTs. With “Burn to Redeem” NFTs cannot be purchased with ETH, only with specific NFTs! We encourage all submissions and participations; you do not need MOCA’s permission (it’s implied!). The process itself is very simple and only takes a couple of steps:
Select Network (Ethereum Mainnet)
Create Your Artwork (called “Redeem Token”)
Select Burn Tokens (DNFTs)
<aside> đź“Ś 0xf37BD087a6aC9F1BAE2aBF075835D18138f1E153
</aside>
In the below field, simply write “1”.
🔍 Got technical questions? 👉 Visit the Manifold Burn-Redeem App page or reach out to the MOCA team.
At MOCA, we experiment. We are an open community full of creators across the globe. The MOCA Fundraiser DNFT itself is a mosaic designed to reflect our collective ideology at this moment in 2023, thus embodying the mission of the museum to “be an experimental playground for reawakening imagination. It will be free-form, refuse stasis, and seek inspiration and leadership from an inclusive and global community.”
So… this is not your typical fundraiser initiative. A burn-to-redeem functionality opens new possibilities for artists to make special artwork that can only claimed through DNFTs, that will invariably be intertwined with MOCA’s own history. Expect some surprises. Let’s burn 🔥