> For the complete documentation index, see [llms.txt](https://nft-dao-1.gitbook.io/nft-dao/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nft-dao-1.gitbook.io/nft-dao/meetings/24th-march-2021-nft-dao-general-meeting.md).

# 24th March, 2021, NFT-DAO General Meeting

{% embed url="<https://www.youtube.com/watch?v=CHze97JVM8A>" %}

Note: timestamps are external links

### Introductions - [0.04](https://youtu.be/CHze97JVM8A?t=4)

> Tyler Wales, Rich Kopcho, Sev, Dan Verowski

### The quest to get to market - [0.43](https://youtu.be/CHze97JVM8A?t=43) - Rich Kopcho

> Opportunity to work with PSG Team at IOG
>
> Next few days to work through who can do what pieces of this framework
>
> NFT-DAO will progress on assumption of a live auction in 6 weeks time

### Development update - [2.16](https://youtu.be/CHze97JVM8A?t=136) - Rich Kopcho

> @Yagi making a lot of progress laying out what the architecture should be. IOG to provide a Chief Architect to advise

### Marketing update - [3.16](https://youtu.be/CHze97JVM8A?t=195) - Tyler Wales

> Landing page
>
> Team dedicated to Naming and Branding NFT Auction
>
> Confident in developng marketing strategy
>
> Re-Brand NFT-DAO website
>
> @newmindflow taking lead on content creation
>
> @OctoberBlack (Philip) taking lead on building partnerships

#### Video Strategy - [5.05](https://youtu.be/CHze97JVM8A?t=305) - New Mindflow

> Released first interview
>
> Pivoted to doing actual interview with HOLONS who want to participate
>
> One interview per week - help spread news about upcoming MVP (Minimum Viable Product) Auction.
>
> Kaizen Crypto to be involved - [6.17](https://youtu.be/CHze97JVM8A?t=377) - Rich Kopcho

### Numbers update - [6.53](https://youtu.be/CHze97JVM8A?t=413) - Tyler Wales

| Platform    | Numbers                        |
| ----------- | ------------------------------ |
| Discord     | 200 users (from 140 last week) |
| Twitter     | 63 Followers                   |
| Email lists | 221 Subscribers                |
| YouTube     | 18 Subscribers                 |

> Do we have a Twitter content strategy ? - [8.41](https://youtu.be/CHze97JVM8A?t=521) - Rich Kopcho, Tyler Wales
>
> Comprehensive strategy needs to be worked out, scheduling Tweets etc.
>
> Seek expertise in Discord ? - [9.13](https://youtu.be/CHze97JVM8A?t=553) - Dan Verowski
>
> Social Media expert at RedHat might be interested in joining DAO - [9.50](https://youtu.be/CHze97JVM8A?t=590) - @sev

### Governance update - [10.57](https://youtu.be/CHze97JVM8A?t=657) - Troy Egan

* Actions - Discord Channel redesign
* Marketing Meeting
* Branding
* Name of Art Marketplace
* Artist call to action for auction - New Mindflow, @muntface
* One Page DAO Manifesto (Scope / Description of HOLONS)
* Buyer / Seller Contract Flowchart - Dan Verowski and Wilhelm Horrix
* SWAT Analysis - Token Utility Cases - Dan Verowski and @newmindflow
* Legal Considerations - Terms and Conditions, Privacy Policies, Risk Assessment
* Research - competive market analysis - @Sev
* Research - Business models- @Sev, @Hud
* Auction Minimum Viable Product (MVP) - 6 to 8 weeks
* Next Business Planning Meeting in Two Weeks
* Continuing work on the GitBook / Business Plan Presentation - @stephen.rowan

### Competitive Analysis - [14.56](https://youtu.be/CHze97JVM8A?t=896) - @sev

> Fast moving NFT market
>
> Focusing on analysis of the more static .. commission structures, royalty models

#### The Ghost Market

> have option to store data directly with an NFT (via IPFS or onchain) - [17.00](https://youtu.be/CHze97JVM8A?t=1020) - Dan Verowski
>
> allow you to pre-mint NFTs - [17.46](https://youtu.be/CHze97JVM8A?t=1066) - Tyler Wales
>
> not be charged a fee until sold in an auction
>
> Discussion of "lazy minting, ERC-1155 Standard - [18.29](https://youtu.be/CHze97JVM8A?t=1109) @sev, Dan Verowski
>
> References

{% embed url="<https://ghostmarket.io/>" %}

{% embed url="<https://eips.ethereum.org/EIPS/eip-1155>" %}

> Street Art and NFTs - [21.10](https://youtu.be/CHze97JVM8A?t=1270) - Troy Egan, @sev, Dan Verowski
>
> Andy kickstarting market analysis - [23.17](https://youtu.be/CHze97JVM8A?t=1397) - Troy Egan, Andy

### Andy - Update on Animation - [24.02](https://youtu.be/CHze97JVM8A?t=1442) - Andy

> Screen share - Shelley Animation - [25.47](https://youtu.be/CHze97JVM8A?t=1547) - Andy
>
> **Quote** "Nothing is so painful to the human mind as a great and sudden change. The sun might shine or the clouds might lower, but nothing could appear to me as it had done the day before." – Mary Shelley

*Frankenstein, Chapter 23. Victor is consumed with grief after the death of Elizabeth at the hands of the monster he created.*

### Competitive analysis of storage solutions  - [29.47](https://youtu.be/CHze97JVM8A?t=1787) - Tyler Wales, Dan Verowski

> On-chain storage ? - Tyler Wales
>
> IPFS recommended - a pinning service like pinata - Dan Verowski

{% embed url="<https://pinata.cloud/>" %}

> Competitive analysis of distributed storage solutions required.

### Twitter Strategy - [33.53](https://youtu.be/CHze97JVM8A?t=2033) - New Mindflow

> Blockchain energy consumption - Proof of Work versus Proof of Stake
>
> Try to engage Artists in recognition of lesser environmental impact of Proof of Stake Blockchains.
>
> Environmental competitive adavantage of Cardano's Proof of Stake technology.
>
> Need to avoid division between PoW and Pos communities.
>
> **Discussion** - [35.52](https://youtu.be/CHze97JVM8A?t=2152) - Sev, New Mindflow, Tyler Wales, Dan Verowski
>
> How much energy each Social Media Platform uses ? [44.34](https://youtu.be/CHze97JVM8A?t=2665) - Troy Egan
>
> **Discussion** - [46.50](https://youtu.be/CHze97JVM8A?t=2810) - New Mindflow, Tyler Wales, Dan Verowski
>
> Energy comparision with Social Media giants, established financial system.

### Perception of elitist NFT market among artists - [49.04](https://youtu.be/CHze97JVM8A?t=2944) - Andy

> Address this perception by bringing African artists onboard.
>
> **Discussion** - [50.36](https://youtu.be/CHze97JVM8A?t=3036) - Andy, Troy Egan, Tyler Wales
>
> Connecting with African communties
>
> Collaborating with African artists via Discord - [51.55](https://youtu.be/CHze97JVM8A?t=3115) - Tyler Wales
>
> African art marketplace channel
>
> ### AOB

#### Introducing Chadwick - Social Media contribution -  [53.35](https://youtu.be/CHze97JVM8A?t=3215) - Sev

> Corporate marketing / Crypto Miner

#### Energy Usage reprise discussion - Social Media Giants - [54.39](https://youtu.be/CHze97JVM8A?t=3279) - Troy Egan, Dan Verowski, New Mindflow, Tyler Wales

> Cardano only using 6 Gigawatt hours (GWh)

### TODO Actions - [57.15](https://youtu.be/CHze97JVM8A?t=3435) - Troy Egan

* Troy to send environmental data to New Mindflow
* Reach out to African Artists on Cataylst - Andy
* Marketing HOLON developing infographics, branding of art marketplace, landing page - Tyler Wales
* Research storage providers (IPFS etc) - Sev

## Need Help ?

* If any needs help give a callout to the NFT-DAO community on Discord - Troy Egan