ABOUT

at jesso creatives, we have initially kick-started our operations with the aim of creating a platform / community of artists. the end-goal was to create a network / organization where works can be gathered and distributed within the community, allowing recognition for ' undervalued ' and young creators.

with the meltdown d.a.o that is to be established, we are creating a community of holders that will collecvtively:

• 1) nominate
• 2) vote
• 3) support

these ' undervalued ' creators.

FRAMEWORK

before we are too deep in, we want to emphasize the importance of fairness in these fundings of the undervalued artists. It is extremely important for the D.A.O to not solely chase for profits through these artists as it will defeat its purpose of 'supporting' these young creators. We need to make a change from conventional standards in the physical space.

with this being said, we are planning on hosting a support system as follows

VOTING

• - funding votes occur Per collection. votes will decide 1 creator to be supported.
• - each member has 1 vote per meltdown nft held. the voting will be done through matrica voting system
• - voting period will last for 7 days.

WORK / FUNDING

• - works are to be created as a nft, and sold through a pre-sale / public sale system.
• - works created must have an external utility. eg) a real life painting / exclusive access to drafts.
• - creators will be required to create a NFT collection based on the provided framework.
• - upon the selection, creators will have 30 days to complete their project and handed over to process.
• - fundings will cover, minting and gas fees required to produce these works. additionally, pr fees to help promote and generate value to the works.

* if the requirements are not met, regardless of the voting result, the selection is subject to being voided.

PROGRAM MONETIZING

Profits generated will be distributed as follows:

• mint sales
• - 30% to the artist
• - 20% to the meltdown team
• - 30% to the D.A.O + collection d.a.o
• - 20% to the artist funding wallet

• royalty distribution ( 10% ) :
• - 3% to the artist
• - 2% to the d.a.o + Collection d.a.o
• - 5% to the meltdown team

Alongside our support artist program, we will be implementing a marketplace where community members can purchase NFTs, Apparel and many other goods with our unique $MDC utility token.

meltdown apparel

nfts

$MDC spl token system

Further details TBA