Welcome to Botto's Monthly Roundup, a snapshot of news and updates from the previous 4 weeks. 

I. Top News
II. Sales Report
III. Top Fragments
IV. Top Proposals
V. Town Halls

Botto's p5.js experiment extended indefinitely

Originally slated to run 8 weeks, and then extended for 8 more, the DAO has decided to allow Botto's p5.js experiments to run indefinitely while we consider options on what to do with the work it's creating.

Through these experiments, we're not only testing Botto's capcity to produce code art, but also testing a natural language feedback system from which Botto can learn from feedback that it's voters provide. 

View Botto's p5.js website here

July saw the opening of 4 auctions to begin the Morphogenesis Period, and produced 14.5691 ETH in total sales and royalties after fees. 

Total Rewards for July

Active Rewards: 7.28455 ETH
To Treasury: 7.28455 ETH

#001, Steel System of Visibility
Acquired by: @superrarejohn
Price Realized: 4.04 ETH

#002, Strings Dividing Encased Figurines
Acquired by: @stuckdown
Price Realized: 5.069 ETH

#003, Muffled Echoes of Existence
Acquired by: @seaplantkton
Price Realized: 3.8 ETH

#004, Mirrored Stains of Seperation
Acquired by: @intellegentostrich69
Price Realized: 3.69 ETH

Under Stranding Wake
Voting Points: 3,311,777
Round: 127
Score: 50.93

Stripped Vines in Pickled Performances
Voting Points: 2,134,629
Round: 126
Score: 39.74

Entwined Embrace of Existence
Voting Points: 2,043,979
Round: 126
Score: 50

Recently Passed

BIP-54: Introducing Baseline VP
This proposal is provide all accounts 100 VP per round to help reduce friction in the onboarding experience and encourage broader voting participation.

BIP-55: Improving Speed of Art Engine Upgrades
BIP-55 proposes enabling the Guardian to add new models and prompting techniques without requiring a new BIP, ensuring faster updates to Botto's art engine.

BIP-56: Injecting Botto into the Mainstream Conversation
BIP-56 proposes to invest in a PR push in Q3/Q4 to leverage Botto's solo show at Sotheby’s, aiming to enhance mainstream media presence and reach a wider audience.

Ongoing

BIP-57: Botto in Series 7 of Notable Pepes
This proposal is presented by AOTM and aims to set up a collaboration with Notable Pepes to produce a unique card for their Series 7 collection in September 2024. The goal is to enhance Botto's visibility in the meme art ecosystem, reach new audiences, and generate revenue.

BIP-58A: Tutoring Botto in Art History
This BIP lays out an initial architecture for tutoring Botto in art history, enabling it to have a greater voice in its creative direction. It also explores some of the beneficial ways Botto can use its newfound voice and identifies a first project in installation art to showcase its new capabilities.

BIP-59: Increasing BottoDAO's Protocol-Owned Liquidity
This BIP seeks to increase Botto DAO’s Protocol Owned Liquidity (POL) and thus grow its treasury’s ownership of the liquidity in the BOTTO + ETH pool on Uniswap V2 on Ethereum mainnet through ongoing POL contributions from a portion of Botto DAO’s weekly net revenue.

Townhall #026: Art Basel Retrospective, Tutoring Botto in Art History, p5.js Future, and Expanding to Base

In this townhall, we review Botto's presence at Art Basel, featuring a Fellowship exhibition with AI art luminaries like Harold Cohen, Holly Herndon, and Matt Dryhurst. We explore Botto's maturation and its upcoming R&D initiative to tutor Botto in art history through a trained Large Language Model (LLM). This project aims to refine Botto's artistic persona by leveraging community feedback and interactive questionnaires. Additionally, we discuss the evolution of the p5.js project and the potential for a future drop. We also cover Botto's strategic expansion to Base, enhancing accessibility through lower transaction costs and exploring growth campaigns to leverage rewards.

Townhall #027: Baseline VP, Gamifying the Curation Experience, Upcoming Activations

Dive into the latest Townhall discussion where we explore the latest improvement proposal to allocate a baseline amount of VP to all accounts to reduce onboarding friction, and the evolution of the curation competition into an in-app experience to boost weekly engagement. We also highlight upcoming activations like Marfa, Texas, and an anticipated solo show at Sotheby's, plus an invitation to be a part of an upcoming 'Notable Pepes' drop. Key proposals discussed involve tutoring Botto in art history and a necessary PR boost for Botto's ambitious goals. Additionally, we detail the potential expansion of Botto to Base, aiming to broaden the project's reach and activate a large user base.

Townhall #028: Introducing Badges, Publishing Projects, Building POL

In this Townhall, we cover essential topics including the introduction of badges to reward community behaviors and how these might integrate with access passes and baseline VP. We also explore the exciting possibilities of publishing projects, considering both partnerships with major art book publishers and self-publishing ventures. Additionally, we discuss proposals for enhancing protocol-owned liquidity through periodic revenue commitments and a two-bucket model.