In August I minted Based. “A token for the early adopters.”
Open for the whole month, it closed just shy of 46.5K tokens minted and over 33k unique wallets. The most resonant piece in my young onchain discography by many multiples.
Immediately I felt understanding emerge in regard to Jack Butcher’s words about his Checks and Opepen projects. Retrofitted for this post, he spoke of the impetus to experiment with each collection (initially just single-piece open editions) coming after seeing the attention-metrics. I knew Based was an opportunity for me to chase my own rabbit.
nft://8453/0xC85f505B43FcbFFBF7808A55bC4E8ceCAC18D85B/?showBuying=true&showMeta=true&size=medium
It is now December. But I finally caught my rabbit.
The upgraded collection idea is this - nine new colors (7 being the Pantones from Warhol’s original print). Any Based holder can turn their original NFT into a randomized color from the new batch.
If they hold 4 or more they can change the art in the following ways:
Turn 4 Based NFTs into 1 with 4 different colors inside the new piece.
Turn 5 into 1 with 4 of the same color inside the new piece.
Turn 9 into 1 with all 9 colors randomly placed within the new piece.
Turn 20 into 1 with 9 of the same color inside the new piece.
A fair percentage of the collection would remain unchanged. This brings opportunities and aesthetic variances I welcome. But in an ideal scenario, Based would go from a piece with 46.5k identical replicas to a colorful collection with a ~20-30k supply.
The new collection is set up so that owning only one token still allows collectors to be engaged with their piece. It also allows a secondary market to be considered should would-be collectors wish to create more variants.
Based was a free mint. The tokens have already been minted and rest in wallets. The idea-architecture of the updated collection has been worked out with considerations for inclusivity, aesthetics, game theory, and S&D.
Based is also on an L2 where gas is affordable. All that’s left is…
I need a dev!
If that’s you or someone you think may be interested please reach out to me.
