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# System prepended metadata

title: SHARK PFP Planning Document

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# SHARK PFP Planning Document
***
Questions:
1) 
***

ACTIONS:
- ~~Put a call out to DAO members for artists~~
- Refine art concept
- Define budget for art proposal
- Work with artists to determine how we can differentiate from Nouns?
- Get a proposal ready?

WHAT IS IT:

In an effort to give SharkDAO members and the general public a way to display their support for SharkDAO, this project seeks to create a daily Shark PFP auction, similar to Nouns DAO. The project will feature artwork unique to SharkDAO, while retaining the aesthetics of Nouns. Below you will find the inital details of the auction format, art samples, and potential future ideas and extensions. 

AUCTION FORMAT:

- random times with some announcement around a time frame to notify users. This may be removed in the future as the project increases in popularity
- consider using nft mkt
- how many per day: 1 per day. Adding more can be factored in later, but increases complexity
- duration: Initially 1-2 hours, can decrease as project increases in popularity
- availability: open to public, not just sharkdao members
- utility: grants a small amount of shark token to incentivize participation and allow new members to join the DAO. Ask tokenomics. 
    - Are we considering this as the main or only entry into SharkDAO?
    - Do we have an idea about a target price range? (context in Nounders chat: https://discord.com/channels/849745721544146955/873337780086911016/873371706675314728)
    - Maybe 69.69 SHARK as an homage to our first winning bid
    - Maybe a percent of the final sale price
    - Convert ETH to Shark via JuiceBox Terminal, split into artist pay, treasury pay, Shark Token
    - How does SHARK work if the NFTs are transfered?
        - Original purchaser gets to keep SHARK
        - TBD on if the new owner will be able to claim SHARK
    - Future projects to benefit holders of NFT
- rarity: all equally rare or different rarity?

Art Assets:
- Number Heads: 30 minimum, continue to add more as needed
- Encourage DAO members to submit heads to include
- Keep in mind: pallette limitations
- Committee: Lithium?, Burt

Art Asset Samples: 

![](https://i.imgur.com/uwGbze9.png)
![](https://i.imgur.com/Yo1ASPT.png)
![](https://i.imgur.com/RL1eiBO.png)
![](https://i.imgur.com/2zL50I2.png)
![](https://i.imgur.com/58h2ooy.png)
![](https://i.imgur.com/pVuTUrM.png)
![](https://i.imgur.com/laIEyDg.png)
![](https://i.imgur.com/nHxnJZ3.png)
![](https://i.imgur.com/quXC2bJ.png)
![](https://i.imgur.com/3fpf1o1.png)
![](https://i.imgur.com/re9YWHi.png)
![](https://i.imgur.com/jS1cqGW.png)
![](https://i.imgur.com/jorsFZF.png)
![](https://i.imgur.com/VwfK5ca.jpg)
![](https://i.imgur.com/cFN9SPS.jpg)

Hex Colors for assets:
https://github.com/0xrayo/nouns-monorepo/blob/master/packages/nouns-contracts/files/encoded-layers.json

Photoshop Swatches: 
https://discord.com/channels/873484934885543967/883084641026867251/885976912663547974


FUTURE IDEAS AND CONVERSATIONS:

mermaid purse: holding this NFT allows you to end the auction early and mint the Shark at a fixed pre-determined price
- deflationary: burns when used
- what is the price?
- how many issued?
- how are these distributed?
- how much dev is required? 
- is this a must have?

pixel beach landing: sounds easy to execute?
- develop larger island environment at this time?
- are we missing something here?
- what else is must-have for auction environment

NFT SPECS (those relevant to EUE)
- static image (tamogatchi maybe down the road in a later project?)
- grants owner membership in SharkDAO? airdop of shark tokens seems easiest mech for this
- buy in Shark or ETH or both? ETH is winning for simplicity
- utility TBD but could include access to future drops, yield etc

any tie in with merch drop in early planning with RTFKT? 

Discuss scope and where we are drawing talent from


## MEETING NOTES 9/22

### Focused on Art and Next Steps for Creative Team
-maybe a couple noun assets as easter eggs but majority new assets in nouns style
-glasses stay they are key to nouns aesthetic
-website mechanic: island macro, click into cove to access auction, animation that points from the frontpage when auction is live
-research shark species for heads
-submission is flexible in terms of asset details so long as 32x32 and conforms to broad format spec
-create the spec doc and publish it
-create a place for users to submit 
-lucasr and christian will be setting up submission portal
-lots of budget and comp talk, first prop will be up in <48


### CORAL CHARITY PROJECT

-undersea environment that slowly expands with different artist contributions over time, building a whole reef
-auctions go fully to charity
-coral restoration foundation funding prop has already passed through nounsDAO

help needed
-pin down concept and identify needs
-good to dev in parallel in PFP
-RYGA and Sasquatch leading thought RN
-how will artists be recruited?
-what is the desired cadence for the project?


