Excited to share what I've been working on!
(Re)introducing Studio Certificates by , originally launched in 2018 as an alternative studio funding model. I'll explain:
edfornielesstudios.com
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Each certificate contains a private key embedded under a scratch panel. Collectors can “burn” their certificate by scratching to reveal the private key, redeeming a proportional share of the funds in the contract. I'm calling them Fungible Non Tokens (FNTs).
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The designs draw inspiration from early stock certificates, particularly Disney stocks. If you look closely, you'll see represented on them.
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I've rewritten the original contract (it was deployed before frontrunning was widely understood) and I'm really proud of the implementation. It combines Merkle trees and off chain signatures in a way that I haven't seen before.
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This on chain/off chain experience was innovative at the time, and is still a refreshing take on what it means to use the blockchain as a medium.
The cert is a physical art object imbued with cryptographic magic powers. It's a blockchain key, given a cute and calculated form.
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NFTs, while wonderful, can also invite conformity. Everything is built to a specific format, to fit inside a specific rectangle, inside a single marketplace, on a computationally limited world machine.
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While this is an interest subject of inquiry in its own right—all the more so as our lives are packaged up to fit into Ethereum storage slots—it's refreshing to see work that breaks the pattern and reassembles the pieces in an interesting way (other artists are doing this too!).
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There are still some certificates from 2018 available on the site (5 editions capped at 100 each). When those are sold, new editions will be offered. We're doing a temporary discount (.2 eth, which includes shipping and packaging) until we hit 100 sales.
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