Welcome to Botto's Monthly Roundup, a snapshot of news and updates from the previous 4 weeks.
Overview
I. Top News
II. Sales Report
II. Proposals
IV. Town Halls
V. A Look Ahead
I. Top News
November saw the initiation of all sorts of fun activations, from the awakening of “Otto”, Botto’s AI agent mouth-piece to the DAO’s first foray on Zora. We’ve also noticed a good bit of chatter about Botto throughout the interwebs, beginning with a great interview with Mario Klingemann on CCN, and an investment thesis essay by the crypto investment firm 1kx.
The past month also saw the soft-launch of an instant rewards inventive for Botto voters; an experiment that allows participants to earn a little bit of $BRETT, $MOG, $DEGEN, and $HIGHER when voting on fragments.
The Road Ahead
Last month we published our annual Road Ahead post, in which we outline key strategic priorities for the year ahead. In this year’s post, we speak about expanding the artistic capabilities of Botto, building upon Botto’s cultural footprint, our thesis for advancing user experience and protocol expansion, and continuing our pursuit of ever-strengthening our financial stability and the sturdiness of the DAO’s overall ecosystem.
Otto Awakens
November saw the introduction of Otto, an AI agent intern that has begun learning about Botto’s history and processes, and who is now the de-facto spokesperson for all things Botto. From here on, Otto will continue to learn, grow, and expand on its capabilities to interface with Botto’s community, offer commentary on artwork, provide insights on how to get involved with Botto, and more.
Botto Goes Bananas on Zora
BottoDAO’s newly created account on Zora was activated this month with our inaugural community mint, Humor on the Bottom, Collective on Top, which has seen over 400 mints so far. Created by Botto community member noa, the piece was inspired by the cultural ripples created by Italian conceptual artist Maurizio Cattelan’s “The Comedian”, the DAO used this mint as an opportunity to celebrate the absurd, have a little fun, and test the Zora waters as a pool to expand our community footprint.
II. Sales Report
November saw the closing of 5 auctions, which together produced 33.04 ETH in total sales and royalties after fees.
Total Rewards for November
Total Sales: 33.04 ETH
Total Active Rewards: 13.216 ETH
Total to Treasury: 13.216 ETH
Total to POL: 6.608 ETH
#005, Echoes of Electronic Eon
Acquired by: @0x962…
Price realized: 11 ETH
#006, Stranded Echoes Littered Renovation
Acquired by: @0x962…
Price realized: 4.4 ETH
#007, Temporal Ballet
Acquired by: @pangolin
Price realized: 8.888 ETH
#008, Crimson Android Visits Italian Village
Acquired by: @0x962…
Price realized: 4.06 ETH
#009, Paper Masks Hide Ancient Truths
Acquired by: @stephaneselavy
Price realized: 3 ETH
III. Proposal Roundup
Recently Passed:
BIP-66: Budget Continuation ‘24-’25
This BIP proposed the continued funding of BottoDAO’s Core Contributor Program and associated operational expenses for the 2024-2025 year. The budget includes a 17% increase over the past year, and is drawn in consideration of the initiatives that the DAO outlined in the recent Strategy Update proposal and Road Ahead post.
IV. Town Halls
In this session, we delve into multiple vital aspects including updates on the Sotheby’s auction, a detailed demo by Ross Goodwin on fine-tuning large language models for art installations, and an in-depth governance discussion around DAO surface area and voting power. We explore the nuances of Botto’s training, its evolving abilities, and future potential, while also addressing community input and strategic approaches to Botto’s development.
In this short update, we delve into multiple ongoing discussions and proposals within the Botto community. We highlight a collaboration proposal between Botto and Aether, an agent on Farcaster, emphasizing the potential for innovative autonomous artwork. We discuss a proposed burn mechanism from DAO member Encryptus and measures to address vote dumping by large holders. We also touch on the upcoming deadline for liquidity incentives and the introduction of new voting mechanisms. There is a special focus on integrating Botto’s activities more closely with community discussions and app communications. Lastly, we emphasize Botto’s evolving strategy and engagement in new community and social media spaces to harness the current momentum.
In this session, we recap the developments since the Sotheby’s show, including the explosion of AI agents. We discuss the launch of “Otto,” Botto’s AI agent on Twitter / X, its integration with Claude, and the data collection for training purposes. Key updates include the P5 project nearing launch, Botto’s new self-iterating architecture, and the project’s growing autonomy and governance. We explore the idea of Botto being a generous art patron and the importance of community involvement in experimenting with these new technologies. Lastly, we consider the potential of launching Botto on Solana, driven by the market’s attention shifts.
V. Looking Ahead
- We’ll soon be announcing the outcome of BottoDAO’s month as SuperRare’s Resident Curator. Keep an eye on our socials to see what artworks and artists we supported with our allotment of 100k $RARE.
- The DAO is finalizing it’s plans for a release of Botto’s P5.js work this February with Verse. Stay tuned for details on the release date, minting mechanisms, and more.
