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NFT Tokenomics for Collective Artistic Avatars projects

Introduction

The spread of NFTs in different use cases has given life to different Tokenomics and a galaxy of companies dedicated to designing and selling such products. Each company has its own storytelling that supports the collections in order to light up the imagination of the potential customers.

This is especially true for Artistic Avatars collections. Here are three examples.

World of Women

World of Women (WoW) was founded by 4 friends sharing the same vision and has meanwhile become a team of 9 people. Their mission is to create a beautiful, diverse, empowering women avatar collection and thriving NFT community.

The first Wow NFT collection is sold out, it is made by 10,000 randomly generated digital collectibles of various rarity. They live on the Ethereum blockchain as ERC-721 tokens and hosted on IPFS. It is a collection of unique, cool and diverse Women avatars.

They can be traded on OpenSea .

Each WoW NFT is a 800×800 PNG file available to all users.
But only by owning a WoW NFT, will you be able to unlock its super high resolution 4000×4000 version. You’ll then be free to print the art yourself, and use it for your derivative projects.

By owning a WoW NFT you own the underlying artwork and all of its Intellectual Property.

World of Women is about empowering Women through art and promoting diversity. It’s only fitting if WoW would support women in the real world as well. In fact, 2.5% of all primary sales will help women-specific social causes.

Similarly, 15% of all primary sales will be reinvested in cryptoart.

The WoW governance makes use of DAWoW that stands for the World of Women decentralized autonomous organization (DAO). The DAWoW is the first step into shared, community governance. Through the DAWoW, WoW token holders can participate in decisions that will help shape the future of World of Women.

While some strategic decisions will remain the responsibility of the WoW team, WoW holders will have the opportunity to participate in other decisions.

A second WoW collection will be released in 2022.

Kiwami

Kiwami claims to be the next-generation collective of artists, builders, and rule-breakers. 

It is an NFT artistic avatar collection that was born in Japan and designed in the metaverse

Kiwami is in fact a collection of 10,000 NFTs, comprised of hundreds of unique visual traits designed by an anonymous Japanese team of street art mavericks. The aesthetic character recalls the urban pop art and traditional Japanese elements.

Every character of the collection is said to have been spotted at the Tengoku Club, that is located in the seedy underbelly of Shibuya, Tokyo. The Club puts together rich or poor, artisan or salaryman and sheds all egos.

According to the core team, Kiwami is like “an artistic movement, foremost driven by our community-first mindset. Every one of us brings our own stories, passions, and dreams. Kiwami is here to connect us and nurture the finest culture, rooted in a love for crypto-art that is built both with supreme artistic provenance in the metaverse, as well as in the real world.”

The collection is based on Ethereum and can be traded on Opensea. (https://opensea.io/collection/kiwami-genesis)

The mission of the Kiwami team is to empower a consortium of artists and builders that own and run Kiwami as a decentralized brand. 

Holding a token from Kiwami makes you a member of the Kiwami family. You have exclusive access to all future Kiwami offerings, along with the ability to play a unique role in shaping the growth and development of the project.

In fact, proper governance for long-term success is based on KiwamiDAO for tokenized community votes.

In contrast to current habits in this space, 50% of primary mint and 50% of all secondary market royalties will be placed in the Kiwami Treasury. This structure allows considerable resources to execute the Kiwami Strategy.

Muri

MURI is a collection of 10,000 unique characters, each playing a role in the story between the worlds of Night City and its spirit. Each character is individually designed and made for the metaverse. 

Created by Haus, with the goal of making a brand which is long-lasting, high in quality and outstanding with innovative solutions.

The story about Muri, where she was born, and the road she went through, was recently published in an anime storytelling style. It will show how Muri came into the night city and fought to defeat her enemies.

The story writing is done by artists previously working at Disney and other known companies. The team will make sure that each MURI is individually created so that each one reflects its own story. The plan is also to release high quality physical models of each MURI character.

With the idea in mind of building their own ecosystem around the metaverse the company plans to release a token earned by MURI holders. They plan to integrate it both as a currency to purchase further goods such as physical pieces, and in-game currency. 

The avatars NFT can be traded on OpenSea.

Conclusions

The examples above shows the variety of companies that were born in the NFT artistic avatar space. Each one with a specific strategy, story to tell and tokenomics.

NFTs not only make possible to turn traditional artworks into digital, but allows a significant widening of the art domain. Up to the design of artistic avatars both for social networks and the metaverse. Are you looking for professional Tokenomics consulting? Take a look at the offer!


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