We need more coordination onchain. Creators and their contemporaries. Developers and their opposites. Idea guys and manufacturer minds.
Trustless, permissionless, and decentralization are all concepts that struggle to materialize in reality. Especially when quorum threshold nouns-forks are the only moderately agreed upon way to coordinate onchain (out-house).
Abstract
In the way that ERC-6551 looks to embolden NFTs with their own item bag, this fictitious token (ERC-9885) looks to embolden a collection with it’s own center point for global coordination.
The simplest way to reduce the idea is:
allow people to create a label in the time it would take to create an 1155 collection
Motivation
Coordination.
The value prop of creating an 1155 collection is striking at the individual level. Look to 0xDesigner, RGBoop, and UFO Club to energize. For the individual with a clear vision, ERC-1155 is the new way to scale ideas.
What happens when we want to go beyond the individual?
DAOs are one answer. But they’re just one. Ironically, ERC-1155s are another answer. Look to The Memes, Noble Gallery, Based Management, etc.
The constructive critique of the latter being originators of the token’s metadata must relinquish contract control over their work. A noble, and thus acknowledged, form of cooperation - but an obstacle nonetheless.
We’re dreaming about forks of these collections, where the founder has gatekeeping control over the label, and the originators of new tokens have control over their contributions.
Overview
A conceptual and not at all technical examination of these two token-ideas:
For the individual, 1155 works wonderfully. I create a collection. I add whatever I want. You come along one day and uncover a whole catalog of cool stuff.
If we want to collaborate under this collection then you’ll have to send me the file and trust that I leave your metadata alone, pay any mint rewards, and properly attribute the work. It’s my token in a very real sense. It is in my collection.
Now wouldn’t this be interesting?
I create this imaginary 9885 collection. I retain permission on who gets to add to it, but, if we want to collaborate you control your work and all pertinent payment, accreditation, data, etc.
Fin
That’s it. Hopefully some gigabrain has already been tinkering away in the shadows on something like this or better.
For closure, the benefits, in my opinion, are a significant jump in dao-esque experiments. Beyond that you have a birthing ground for creating brands, testing signal, and fostering positive sum constraints (h/t JB).
