The Culture DAO launches the $CULTUR social token at the Virtual Beings Summit
And this year, blockchain culture has invaded the event. The Culture DAO(decentralized autonomous organization) is launching its social token, dubbed $CULTUR, at the event. And that may stir as much talk as the Virtual Beings Summit itself (the event takes place today and tomorrow). ...
DAOs are like companies without leaders. They’re a bunch of people who come together on a project and take ownership of it through control of tokens. The creators get so many tokens. But so do fans and investors and other who acquire tokens. And everybody gets to influence the fate of the project. Edward Saatchi, organizer of the Virtual Beings Summit, believes that these kinds of blockchain-inspired concepts will be intertwined with the success of virtual beings. A DAO, for instance, might create a character as complex as Hamlet and run that virtual being’s life, or it might collectively figure out how to create the next Pixar.
...This guild believes that the resonant characters of the future aren’t being built by centralized studios but by innovative technologists and artists — and fans who are involved in co-creating story of the character NFTs they buy.
...The Culture guild is about the living, digital portraits that the rapidly emerging metaverse class will use to announce themselves and find community in digital societies. The Culture Guild’s role is to create and innovate around virtual beings and this metaverse transition.
...Membership of the Culture DAO and Discord is normally 25 $CULTUR (1 $CULTUR can be swapped for ETH at a rate of around $25 at time of writing) alongside an application process; membership provides access to a token gated Discord with other founders, engineers, academics, artists across the Virtual Beings space as well as the ability to earn through hunting bounties (theculturedao.com/bounties).
See the full story here: https://venturebeat.com/2021/10/29/the-culture-dao-launches-the-cultur-social-token-at-the-virtual-beings-summit/
