Vasari Grants

Through Vasari Grants, artists receive subsidies and issue new NFT works.

Procedure

1. Artists submit applications including bios, info, work/production plan.

2. An artist will be selected through DAO votes and receive production costs from the DAO treasury.

3. Issue and sell NFT produced works in Vasari Webapp.

4. 50% of the proceeds will be distributed to artists, the rest goes to the treasury.

• Grants will be paid as a lump sum of at least $10,000. The amount will vary depending on the status of the treasury and the production plan. The production period is set at a maximum of 3 months.

• 30% of Treasury will be utilized for grants fund, of which the remaining amount excluding the minimum amount for the next round will be spent as grants.

• The original physical piece will be incinerated or utilized for various purposes; details will be decided after discussion with the artist.

• The distribution ratio will be adjusted based on funding amount and total sales amount.

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Upcoming Artists