Experiment Update #1 - Calling all chess clubs
There's something VERY interesting about NFTs that is not possible with other forms of art.
Remember that blockchain technology powers NFTs and inherent to some blockchains (like Ethereum) are smart contracts. These smart contracts allow NFT creators to charge a royalty fee whenever someone buys or sells their NFT.
And this brings me to my next experiment... what happens if others start to buy and sell NFTs created as part of this experiment? Where does the money go? (Note: I don't have high aspirations this will happen and nor is this my goal).
I am making a call out to any chess club that would like to receive these royalties directly to their crypto wallets. That's right, we're going to select a chess club to earn all the royalties!
How to apply:
- You must be a chess club
- The chess club must be registered as a non-profit organization or charity and have a treasurer.
- Send me a short proposal explaining why your club should be the recipient of these royalties
Thats it!
