What is the Minting Policy?
Minting Policy Mandate
3 Minting Councils
The Founding Council
The Senator Council
The Collector Council
Additional Minting Requirements
Raising Artwork Supply
Feedback
It defines how Artchemy lexichroma artworks can be minted on the blockchain.
The mandate of our Minting Policy is to protect Artchemy from being controlled by a single entity. We are also mandated with increasing the sellability and quality of all Artchemy artworks.
In order to protect Artchemy from a single dominant token holder, 3 different councils are created, each has the power to mint tokens:
The Founding Council is the Artchemy Company itself. It reserves the right to publish content, similar to the way a magazine, a newspaper, a trading card game, or a comic book publisher can release content.
Content approved by the Founding Council will receive the Founding Council Badge.
Monthly Minting Cap
1 New Artwork
Coming SoonThe Senator Council is constituted by a group of outstanding individuals, with a proven track record of being of benefit to others. They display qualities such as wisdom, knowledge, intelligence, integrity, impartiality, benevolence and truthfulness. All Senators have equal voting power among them.
Content approved by Artchemy Senators will receive the Artchemy Senate Badge.
Monthly Minting Cap
10 New Artworks
Minting Eligibility
70% or Higher Rating
Minimum Quorum
100 Voters
The Collector Council is open to all the people of the world. By holding 1 or more Artchemy Tokens, you instantly become an Artchemy Collector. The voting power of collectors equals the number of tokens they hold.
Content approved by this council will receive the Artchemy Collector Council Badge.
Monthly Minting Cap
20 New Artworks
Minting Eligibility
80% or Higher Rating
Be Included in Collections
30% or Higher Rating
Minimum Quorum
100 Voters
As the project grows, we will raise the monthly NEW artwork supply cap, so that more NEW artworks can be minted and enjoyed by collectors, while ensuring maximum sellability. We will maintain or rise artwork quality.
Send us an email at artchemy@fragatta.com, or post to us on X/Twitter @Artchemy_com. We’d love to hear from you and listen to your suggestions on how to make Artchemy better.
What is the Minting Policy?
Minting Policy Mandate
3 Minting Councils
The Founding Council
The Senator Council
The Collector Council
Additional Minting Requirements
Raising Artwork Supply
Feedback
See Also
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