Auction

Botto mints one artwork and then puts it to auction. The auction schedule has been initially set at one mint per week. Botto will mint and auction its art on SuperRare.

Proceeds

Like other SuperRare mints, Botto will retain 85% of auction proceeds. SuperRare retains the remaining 15% as an auction fee.

ETH auction proceeds are distributed accordingly:

• 50% to Active Rewards Contract

• 50% to DAO treasury

ETH accrued to the treasury is spent according to the will of BottoDAO. Possibilities include (but are not limited to) protocol-owned liquidity, marketing, and distribution to voters.

Selection Process

As a reminder, Botto creates 350 new art fragments and then lets community participants vote on their favorites with their Voting Points.

The most voted on art fragment will be minted on SuperRare.

The first Botto mint happened on 22/10/2021 (DD/MM/YYYY), with subsequent mints taking place on 7 day intervals. The first mint of Botto's Fragmentation Period is scheduled to happen on 14/11/2022 (DD/MM/YYYY)

Auction Format

Tuesdays 20:00 UTC - Winning art fragment announced

Tuesdays 20:30 UTC - Auction is scheduled

• Start Date: Wednesdays, 20:00 UTC

• End Date: Fridays, 20:00 UTC

Visible on: https://superrare.co/bottoproject