Thread by @mariodgabriele

This is going to be fun.

Tonight @ 9 pm ET, we launch $GENERALIST, a token that supports our coverage of the Coinbase IPO. I'm working with @jackbutcher and @viamirror.

I have no idea what will happen. But here's why I'm excited...

readthegeneralist.com/briefing/gener…

*What are you doing?*

We're raising 20 ETH to fund the creation of 3 NFTs.

- NFT 1: The S-1 Club's coverage of $COIN with a cover artwork from @jackbutcher.

- NFT 2-3: Two additional $COIN-inspired pieces, also from Jack.

*Who can participate?*

Anyone with an Ethereum wallet. You might check out @rainbowdotme or @MetaMask if you don't have one yet. A few other details...

- 20 ETH raise
- 0.25 ETH cap per contributor
- First come, first serve
- 9 pm ET listing here...

generalist.mirror.xyz

*Why do this?*

I want to explore ways to blur the boundaries between creator and audience. NFTs make that possible.

Instead of creating, sharing, and monetizing, artists can bring the audience into the creative process.

This is a step in that direction.

*How are you doing this?*

With @viamirror. It all came about via this tweet.

It's clear that Mirror's the best way for writers to crowdfund their work in a way that allows supporters to participate.

https://twitter.com/mariodgabriele/status/1365070038328311811

*Where do the funds go?*

Good question.

- 50% to Jack
- 25% to $COIN S-1 contributors
- 25% to The Generalist

We'll then mint an additional 10% to give to Generalist members. It's a small way for me to thank them for their support.

*What will the process look like?*

I drew a little guide to try and make it clear. Basically...

1. Raise ETH from supporters
2. Distribute that to creators
3. Create 3 NFTs
4. Sell NFTs on Zora
5. Share NFT earnings with supporters

*Where does this go next?*

Who knows. But we have some wild ideas.

Maybe every S-1 Club should become an NFT.
Maybe we should create a decentralized angel fund.
Maybe we should run a $GENERALIST grant program.

I'm glad for the chance to experiment with awesome people.

*Which awesome people?*

@jackbutcher
@Literature
@patrickxrivera

And all those listed below. What a squad.

https://twitter.com/mariodgabriele/status/1370855761274888192

*I'm in.*

If this sounds like the kind of strange occurrence you'd liked to be a part of, here's what to do.

Visit this spot at 9 pm ET. I'll also make sure to share on Twitter. May the odds be in our favor.

generalist.mirror.xyz