Winning entries from our art contests will be minted as Limited Edition NFTs! 50% will go back into our prize pool. 50% will help fund our future adventures and compensate team. Residuals of 10% will go to the Noun Square!
Public minting for the first round goes live at 2:30pm EST on 10/26/2022:
Funding for our prizes are due to a generous grant from NounsDAO Small Grants, as an experiment for ways that projects can become self sustaining.
That proposal states that each winning entry for most of our contests will be minted as a limited edition NFT collection of 100 NFTs. These will be sold for 0.01eth each.
We will be coming up with fun things for the NFT holders. To start, once a month, a random holder will be chosen for a prize of 0.1eth. Holders will be able to judge some (probably most) of our future contests. And, we would love to hear more ideas from you on our discord!
50% of the funds from these sales will go back into a prize pool for more contests. The other 50% goes to cover expenses and to compensate our team and community. The artist will receive the prize, and considerable recognition. We have chosen to give the royalty of 10% back to The Noun Square, in gratitude for all the work done to bring us to where we are, as they continue to support internatioNouns and our artists in many ways.
We are so excited to see your work and show it off to the world!
Our proposal has details about how funds from the NFT sales work.