TLDR
We are building the best community in web3 by selling a membership NFT that is also an amazing piece of digital art for .1 ETH the week of August 8. We are selling 300 tokens via an application process. We are notifying all applicants via email by Friday, August 5th. The mint experience is going to be really fun, and we’ve worked hard to make it memorable. All proceeds and royalties will go into a shared treasury that will be invested into the Story DAO ecosystem in innovative ways by the community of holders. The members will determine the path forward for this community and the future token supply.
By being a member, you get access to exclusive rewards and perks and are able to help us shape our future. The number and quality of applications we have received has been incredible, and if you are not selected, don’t worry — there will be many more opportunities to join our community, and you will also be able to purchase one on the secondary markets soon (if people are willing to sell it, that is). Join our discord, come join our adventure, and help us build the future of storytelling!
The Producer Token Mint
We are so excited to announce that our Producer Token mint will be happening the week of August 8. We have worked hard on creating a memorable mint experience for this small community of creatives and web3 explorers to mark the next chapter of their storytelling journey with us.
What is the Producer Token?
The Producer Token is an incredible piece of digital art that represents our opening credits in future productions. By purchasing the producer token, you will be a member within this world class group of creatives, a clubhouse and braintrust comprised of diverse perspectives from all walks of life.
We will be writers, artists, directors, business builders, developers, and more coming together to build a new model for premium content creation and co-ownership. We will be the core hive mind responsible for shaping the future of Story DAO — our structure, governance, and creative process — and helping bring our upcoming productions to life. We are committed to the creative process, ready to leave old paradigms behind, and hungry to get their hands dirty co-creating a new world.
By being a member in this exclusive community, you will get access to perks and rewards — things like access to future free mints, special rarity traits, exclusive merch drops, producer credits in future productions, IRL and digital VIP experiences, and so much more.
How does it work:
We are selling 300 tokens for 0.1 ETH and placing 100 tokens into the Story DAO treasury for future employees, advisors, and investors. All proceeds from the mint and all royalty proceeds will be routed into a shared treasury that will be managed by this community. The Community will then decide how to spend these funds towards projects and productions that help the Story DAO ecosystem thrive. The community will also collectively determine the future supply and mint mechanism for any future tokens.
The Application Selection Process:
To date, we have received an overwhelming number of applications, and wow have the quality of the applications blown us away. We have been undergoing a team-wide review of all applications that are still pouring in (so, make them thorough and good!). We have created an internal rubric that has informed our selection process. We may not get it perfect, but we wanted to optimize for diversity of thought, credibility, and passion.
Unfortunately, many amazing applicants will not be selected. If you are not selected, we understand your disappointment, and we are committed to making Story DAO a fully permissionless ecosystem in the future and also rewarding the people who demonstrate a passion and add value to our ecosystem. These tokens will become fully transferable before we launch our first production, so you can always buy one on the secondary market if selected members are willing to sell. We will also have future producer tokens within each individual production and future creator tokens that will both have special communities, perks, and benefits.
We will be emailing all applicants by Friday, August 5th of our decision and exact details about the mint process.
Applicants will be bucketed into three categories:
Allowlisted (300 applicants)
Waitlisted (100 applicants)
Not Selected (everyone else)
The accepted candidates will have a 24 hour window to mint. At that time, if there are unsold tokens, we will allow waitlisted candidates an opportunity to mint based on our internal ranking of the candidates in batches of 10.
We are so excited to take the next step on our journey with you all! If you have additional questions, please join us in our discord where you can interface with the team and the rest of our rapidly growing community!