An experiment in collective ownership of generative models
What if a community owned a unique 1-of-1 AI image model? And what if that model made $ for it's owners whenever it was used? What would we make and how would it be used? Introducing a new experiment in collective artificial intelligence ownership we're calling MODEL-WIP.
Just a few weeks ago, my team worked with our friends at Zora to train and create a custom Zorb model. That model was used to create over 60 collections using SOURCE and generated over .8 ETH in earnings back for Zora. It got me thinking...
What if we ran a crowdfund to create and collectively own a unique 1-of-1 image generation model? We're bringing that idea to life and it’s called MODEL-WIP.
https://crowdfi.withfabric.xyz/campaign/model-wip-13m5e2kzo8su8
Here's the MODEL-WIP master plan and how to get involved...
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Crowdfund 8 Zora ETH.
We're crowdfunding using for 8 Zora ETH where anyone can contribute. In exchange for contribution you get access to an exclusive MODEL-WIP owner group and one voting share. Contributions must meet or exceed .03 Zora ETH for a voting share.
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Commission an artist to create a body of work.
Once the crowdfund is complete, we'll source, engage, and decide on an artist to commission. That artist will be paid a portion of the crowdfund to create a unique body of work to train the model on.
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Train a model on that body of work + make available in SOURCE.
Once the model is complete, we'll make it available via SOURCE where anyone will be able to create and publish new collections using the model. MODEL-WIP will earn protocol fees from use of the model. The fees will be sent to the crowdfund contract where they can be withdrawn by contributors on a pro rata basis!
Sound fun? We think so... The crowdfund is open for contribution.
Make sure to bridge ETH to Zora using either Zora or your wallet like Rainbow. We're capping the crowdfund at 8 ETH so make sure to contribute now before it fills up!
https://crowdfi.withfabric.xyz/campaign/model-wip-13m5e2kzo8su8
Much love,
- TITLES