Introducing PatronageDAO, a Revolutionary Art Collection Curated and Owned by the Community
New York, US, 16th September 2022, ZEXPRWIRE, PatronageDAO, a decentralised community whose members select the works of art in its public collection, is poised to become a pioneering art collection controlled and owned by the people.
Using a Decentralised Autonomous Organisation (DAO) powered by a global community of art lovers and blockchain enthusiasts, the DAO will be operated by the holders of $PTRN tokens. Token holders, known as Patrons, will be charged with deciding which works of art are acquired, ensuring that the collection always reflects the ever-evolving taste of the community and the times we live in.
Once a work of art is acquired, Patronage DAO will fractionalized it into NFTs, each representing a genuine ownership interest in the work in question. The proceeds from the sale of these NFTs will then be used to purchase additional works of art, resulting in an evergreen and ever-growing collection.
The DAO seeks to bridge the gap between the enigmatic and culturally-rich artworld and the creative, innovative and democratic blockchain world to offer a productive, open space for its community to learn and thrive. PatronageeDAO was established not only to enable people to participate in the funding of the collection but also to give them a direct say over which works of art remain in the public domain for all to enjoy.
Michelangelo, co-founder of PatronageDAO said, “Our goal is to develop a collection of significant, meaningful and magnificent works of art, continuously on display for the public to appreciate in the metaverse and IRL. These masterpieces will never be stowed away in dark storage facilities or concealed on the walls of the privileged few but will stay in the public domain perpetually.”
“We aim to establish a community where professionals from their various areas can dissect concepts, ideas, movements, and ideologies in a welcoming and uncritical atmosphere. By removing the barrier between the two worlds, we want to increase communication between them. ” Raphael, co-founder of PatronageDAO, added.
According to the PatronageDAO’s whitepaper, there are 100 million tokens ($PTRN) total, of which 34% will go to contributors and operating costs, 34% to rewards, airdrops and liquidity, 30% will go to token sales and PTRN NFT mints, and the remaining 2% is allocated to the Foundation. The DAO intends to generate the first funding via staged token sales and the distribution of PTRN NFTs. Holders will also get airdrops and have the opportunity to join staking pools to profit from the project’s success.
According to the DAOs roadmap, they are currently focused on building the community and successful pre-public token sales. Token Farming and an initial liquidity platform will be introduced by 2023. The platform’s plans to mint PTRN NFTs and the first PatronageDAO IRL event will take place in the second and third quarters of 2023.
PatronageDAO is a decentralized community of individuals who choose artwork for its public collection. The platform fractionalizes the work into NFTs, each reflecting a bonafide stake in the work. These NFTs are then sold into the market, and the proceeds from the sale and ongoing trading are used to acquire further pieces of art, resulting in evergreen and evergrowing collection.
ZEX PR Wire offers massive Press Release, News, Authored Articles, Editorial services, geared at generating massive exposure for your unique project, business, or concept.
ZEX PR WIRE is a premium press release distribution provides end-to- end solutions to produce, optimize and target content and then distribute and measure results. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, ZEX PR WIRE serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and Asia-Pacific regions.
Disclaimer: ZEXPRWIRE is a newswire distribution network. Articles and other content published by ZEXPRWIRE are the legal responsibility of the author and ZEXPRWIRE accepts no liability for the content of such material. ZEXPRWIRE publishes content for informational purposes and makes no representations regarding, recommendation or invitation to engage in, any form of financial or investment activity, and does not endorse the content of any material published.
ZEX PR WIRE allows users to submit their press releases through our online platform. Once submitted, our team reviews the content for quality and relevance. Upon approval, the press release is distributed to our extensive network, including major news outlets, industry-specific publications, and online platforms.
You can streamline the distribution process while still benefiting from human oversight. This ensures that your press releases meet quality standards, increasing the likelihood of media coverage and enhancing your brand's visibility.
ZEX PR WIRE accepts a wide range of press releases, including product launches, company announcements, event promotions, new partnerships, industry insights, and more. However, we do not accept press releases containing offensive or illegal content. For more information on this please visit https://zexprwire.com/editorial-guidelines/
Pricing for using ZEX PR WIRE varies depending on the distribution package you choose. We offer different plans to suit various needs and budgets. For detailed pricing information, please visit https://pr.zexprwire.com/pricing
You can view the total number of site submissions, status for each submission (live/pending), hyperlinks for each live PR, details pertaining to your package and number of press releases remaining, and view count for each live PR through third-party tracker integrations. (You may change the content according to what we provide in analytics).
ZEX PR Wire operates between 10AM to 7PM IST. During these hours, press releases may be distributed immediately after editorial approval of the press release. Otherwise, it will be published the next day. Additionally, several publications might require more than one day to be completed.
It generally takes 24- 72 hrs to publish the press release and generate the report
Yes, ZEX PR WIRE allows you to schedule the distribution of your press release for a specific date and time. This feature enables you to plan your PR campaigns strategically and ensure that your news reaches the right audience at the right time.
If you have any further questions or need assistance, you can reach out to our customer support team through direct Whatsapp ,chat on the web or can write to us at [email protected]. We are available to help you with any queries or concerns you may have.