Anda ☀️

thought a bit whether to apply to @themutualfun or not 200 spots for (maybe) thousands applications is a bit discouraging but, as a wise man once said, you miss 100% of the shots you don't take so I’m taking my shot here the video explains the concept behind the art and here is a brief on what you should expect beyond the art: ➙ 4,001 Seats, divided across five funds (plus the Chairman's Seat) ➙ each Seat represents a claim on a shared fund ➙ once enrolled, you can vote every week on how your fund invests, receive dividends based on your Seat's weight, and vote every 13 weeks on whether the fund should continue ➙ your dividends go into your Seat's own onchain account, called a Briefcase ➙ if you sell your Seat, the Briefcase goes with it, including whatever balances are still inside ➙ there is also a merger mechanism that lets you combine two eligible Seats into one with higher weight, permanently reducing the collection's supply so we are talking about NFTs with voting rights, fund participation, dividend distributions, and a supply that can only decrease ofc, whether all of this works as intended will depend on execution and how the funds perform but I like seeing projects experiment with what NFTs can do beyond onchain art and now tell me do you want a seat at TheMutualFun?