Winners from our art contests will receive the prize stated, and their winning entries will be minted as limited edition NFTs, which we will sell for 0.01eth to start. Funds from new sales will be split 50/50 between our prize fund for future contests, and our team. 10% of funds from aftermarket sales (opensea, etc.) will go to The Noun Square.
Owners of these NFTs will have exclusive benefits, such as being able to vote on future contests. That would use a gating mechanism, you would not get more votes for buying more.
We will also pick a random holder each month, who will receive a prize valued at at least .01eth.
This is all funded by small grants under this proposal, as an experiment in ways that Nounish projects can become self funded! LFG!
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