Value Flows Working Group

DADA.art
2 min readSep 8, 2020

Session 2

The Elemental Blue, Continued.

We are so lucky to have the great Sebnem Rusitschka on our corner and leading this task force. She is an engineer who taught the token engineering course Bea took recently. Sebnem was really taken by the Invisible Economy and now she is helping us develop the value flows for the DADA token.

We heard lots of good insights about the nuances of what we want collectors to experience. It’s not just about buying, but about their own intrinsic motivations for acquiring art. We also talked about determining and distributing value, scaling, and heard some healthy skepticism from the engineers in the group as to the capabilities of people for gaming the system and how to avoid that.

Listen in:

Here are things we shared in the written chat:

We mentioned María García:

https://medium.com/@PowerDada/digital-expressiveness-b15aeea5c194

Sam:

a guy in the Cryptopunks Discord is printing art for token holders with a smart contract: https://www.projectonthemoon.com/punkprintapp/

https://www.coindesk.com/nft-game-filipinos-covid

“Ijon Inton, an Axie player from Cabanatuan City, which is about 68 miles north of Manila in the province of Nueva Ecija, first learned about it in February of this year when his friend stumbled across an explainer video on YouTube. Intrigued by the “Play to Earn” element of the game, he decided to give it a go.

“At first I just want to try its legitimacy, and after a week of playing I was amazed with my first income,” said Inton, who is currently earning around 10,000 PHP ($206) per week from playing the game around the clock. Inton soon invited his family to play, too, and after a few weeks, he also started telling his neighbors. A crypto trader since 2016, Inton helped his friends set up a Coins.ph account so they could buy their first ETH and get started. Now, there are more than 100 people in his local community playing to earn on Axie, including a 66-year-old grandmother.

See you in two weeks!

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DADA.art

A collaborative art platform where people worldwide speak through drawings. Building a blockchain token economy for the arts. https://dada.art