0x30734d5a…4b8asent to0xf74b146c…1dc1·#16,440,952·view on Etherscan
Idea: An Automatic Income Splitting system for Co-creation Value ChainEarlier, Noun557 delegated his Nouns to the LilNouns community and wrote [an article](https://create.zora.co/collections/0x6a2f2ac2c2d183f7981514180417c77fc3f45f6f) on his reasons for doing so.\n\nI have [translated the article](https://create.zora.co/collections/0x1735d9094fa019197f1b998d337ffb8d0c5c02e8) with his permission and summarised discussion in community on it.\n\nNoun557 published the content as NFT on Zora and allowed the collector to mint it, with 50% of the incomes going to the treasury. It occurred to me that the translated + curated version could also be published as NFT, with the revenue split 3/7 between me and Noun557.\n\nA product could be created from the concept:\n\nAfter minting the NFT for the original work, any creation in the Lil Nouns community may be recreated (re-recreated or even more times), with a portion of the new creator's revenue going to the original author. A split protocol akin to 0xSplit could be used to automatically distribute all revenue shares.\n\nIt would: \"promote innovative, secondary, and multiple re-creations by the community and generate a good community co-creation,\" assuming that each re-creation adds value to the original work.\n\nEach recreation brings in more incomes for LilNouns' treasury.\n\nThe tap switch might be provided to the original inventor, who could decide whether to permit a collector to reproduce using his work if re-creation introduces any undesirable elements.\n\nOnly one re-creation is depicted in the value and income chain; however, after Lil Ping, additional collectors may produce a second, third and more.\n\nFrom this example, perhaps we understand why 100 true fans make a great creator, which actually requires other creators to join the co-creation chain.ipfs://bafybeigic7nahk2gexjawcalpgiydxyr52blymmwhxzxtgqlkscxr7fpa4