Alumni NFTs
Problem to Solve:
Right now there is a lack of incentives for sellers to pay a royalty. There are no perks & exclusive or early access.
They are likely to honor a royalty which they perceive can add value to them. For the sellers, if there is no relationship with collectors they may not honor these royalties.
Possible Solution:
One Solution could be to incentivise sellers to pay with alumni status. This would work in cases where there is a community surrounding the art or a direct relationship with the artist.
Anyone who is exiting the project by selling their NFT can be airdropped an “alumni NFT” if they honour the royalty.
In case of art communities a range of benefits are possible:
At the very least there is a sentimental and signalling value.
Early access to future artwork from this artist
Right to buy back into the project at a discounted price,
Limited access to the community, events etc.
It won’t appeal to hardcore speculators but it might appeal to wide range of art collectors. This is fine, not every tool impacts every person - which is also why it is important to approach the problem holistically and try many things.
Resources:
Related Ideas
