Monthly Roundup: January 2024
A Monthly Roundup of News and Updates from January 2024
Welcome to Botto's Monthly Roundup, a monthly snapshot of news and updates from the previous 4 weeks.
Overview
I. Top News
II. Botto IRL
III. Sales & Rewards Report
IV. Top Unminted Fragments
V. Top Active Proposals
VI. Editorials
VII. Town Halls
I. Top News
Invisible Alchemy is Activated
Beyond Confinement Temple Reflections. Invisible Alchemy work #1/12.
Coinciding with the beginning of the Interstice period, weekly reveals of Invisible Alchemy have begun. In among the first use-cases of the new ERC-7160 token standard, Invisible Alchemy, when complete, will be comprised of 12 Botto works automically determined by the highest-voted discarded fragment from each weekly voting period.
Invisible Alchemy was collected by prominent digital art patron, Pablo Rodriguez-Fraile, at Miami Art Week in early December. A full review of Invisible Alchemy works to-date will be included in the upcoming Mid-Period Reflection write-up.
For more about Invisible Alchemy, read our introduction here.
Our New DAO Website is Coming
Last week we began previewing Botto's new website to DAO members, and work is well-underway toward its development. With it will come a new voting app and a stand-alone artist website that better showcases Botto's artistic legacy and accomplishments.
As the site develops further, we'll continue to provide updates on the rollout of new features.
II. Botto IRL
Botto Headed to France
We're happy to share that Botto will be participating in NFT Paris at the Grand Palais Ephemere in what is billed as the largest Web3 event in the world.
We're thrilled to once again be partnering up with MakersPlace as we share a booth to offer a physical print edition and accompanying token.
To learn more about the event and the print, read the proposal, produced by our head of Exhibitions, Mika.
BIP-49: Botto x MakersPlace at NFT Paris 2024
III. Sales & Rewards Report
We rang in the new year with a strong set of sales to acheive 25.18 ETH in total revenue from a combination of primary sales and secondary royalties.
Total Rewards January
Active Rewards: 12.59 ETH
To Treasury: 12.59 ETH
#001, Timber Echoes: Dual Arrangement
Acquired by @CyborgDAO on January 5th
Price Realized: 5.772E
#002, Interstate Dividing Static Dreams
Acquired by @ralgo on January 12th
Price Realized: 10E
#003, Running Upside into Nature
Acquired by @dnotao on January 19th
Price Realized: 4.4E
#004, Machinations of Weathered Time
Acquired by @benshiro on January 26th
Price Realized: 4.69E
IV. Top Unminted Fragments
While not (yet) minted, here's a glimpse at the current top-voted fragments from the Interstice Period.
Triadic Enigma of Perspective
Origin Rd: 100 | Total Votes: 1797743 | Score: 40.89
Vastness Approaches Cobblestone Echoes
Origin Rd: 104 | Total Votes: 1224710 | Score: 42.57
Puddle Stained Interstice Approach
Origin Rd: 104 | Total Votes: 1214522 | Score: 47.41
V. Top Active Proposals
- BIP-42 V2: Liquidity Mining Extension and Transition to Protocol-Owned Liquidity
This proposal opens for conversation the idea to extend Botto’s Liquidity Mining (LM) contract one year to October 2025 while pursuing long-term liquidity solutions such as OTC investments to raise funds earmarked for protocol-owned liquidity (PoL).
- BIP-XX: Put Botto's Treasury to Work
This proposal suggests that Botto allocate 200ETH from its treasury to invest in staking through Lido, and by doing so create steady revenue for the project that could be used to contribute to all types of activities, such as tech development, human resources, marketing activations, or simply help extend Botto’s operational runway.
Recently Passed Proposals
1. BIP-49: Botto x MakersPlace at NFT Paris 2024
2. BIP-47: Ending the Token Burn
3. BIP-48: Year 3 as One Single Contract of 52 Canonical Artworks
4. BIP-37: Period Standardization
VI. Editorials
Introducing Period 6: Interstice
In December we published an introduction to Botto's latest period, Interstice, and explore the meaning of the term, how it relates to Botto, and the opportunities that arise from ambiguity.
A Closer Look
January saw four new Botto mints to kick off the Interstice period, and with each new mint comes A Closer Look, a weekly short-form Twitter column written by Botto's Editorial Lead, Gregory Eddi Jones, that offers aesthetic and narrative readings of each new Botto work.
We invite our community to take a closer look at Botto's outputs, and to join us in reflecting on how they might be conversing with both us and the histories of art.
A Closer Look: Timber Echoes: Dual Arrangement
A Closer Look: Interstate Dividing Static Dreams
A Closer Look: Running Upside Into Nature
A Closer Look: Machinations of Weathered Time
VII. Town Halls
Townhall #015: Expanding Contributions, Introducing Prints, Special Projects
For our first Townhall of 2024, we're spoke on a range of topics, including how the DAO can expand on decentralized contributions, what print runs could look like, and special project updates.
Townhall #016: NFT Paris, Curation Contests, and Upcoming Changes
In our most recent Townhall, we dove into Mika's exciting proposal for a cost-effective NFT Paris print run, spoke about rewards for the latest community curation contest, discussed the liquidity mining proposal, and began previewing the new DAO website.