MARA NFT: NEAR-based NFT collection consisting of 1.000 NFTs

What is MARA NFT?

MARA NFT is a NEAR-based NFT collection comprised of 1.000 Gen1 NFTs, which was released on February 8, 2022. The collection aims to unite digital and physical art. Different variations of the collection called ‘Mara Gen 1’, ‘Mara Medals’ and ‘Mara Legends’ can now be purchased from the Paras market. The project, which currently has a community of over 8.000 people, is officially called “MARA.NFT DAO” and focuses on its “DAO” aspect to provide more voice and benefits to its stakeholders.

The team also prepared a robust legal framework when it launched the project to protect the platform and its artists from any issues related to the law. It also brought in legal professionals who would strengthen intellectual property protection for artists and collectors, to ensure they do not become victims (or perpetrators) of illegal activities.

Who is Mara?

Mara, the creative behind the name of the NFT collection, is a street artist from Montpellier, France, and has over a decade of experience in the art world. He specializes in artwork in an urban setting and has launched several installations and gallery exhibitions, making him a recognized figure on the French art scene. Humanity is one of the great themes of Mara’s works so her creations can create a deep connection with people from all walks of life.

Why does MARA NFT focus on DAO?

And with that appreciation, both artists and collectors will directly benefit from the price hike, and no intermediary entity will take a huge cut in their earnings. Furthermore, a DAO model closely links artists, collectors and the community to create a continuous cycle of development where the positive progress of one can immediately affect the others.

MARA DAO and Artists Incubator

MARA DAO has a great service called “Artist Incubator”, which is designed to work as a music label. In other words, he will handle critical operations such as production, distribution and promotions to help NFT artists gain exposure in the highly competitive world of NFTs.

70% of DAO funds will be used to provide financial support for the physical and digital arts from experienced and up-and-coming NFT artists. The 30% of the fund, however, will be used to provide liquidity to the MARA ecosystem and generate profits for the DAO.

Online and offline lobby

  • ‘1artcollector’ – ‘1artcollector’ is MARA DAO’s online lobbying organization and was created to defend the interest and welfare of crypto artists and improve the quality of the NFT industry. It was also created to court major NEAR blockchain investors to bring more liquidity to the MARA ecosystem.
  • Unnamed Entity in France – The as yet unnamed entity in France functions as MARA DAO’s offline lobbying organization with the main objective of promoting NFT artists not only to the public but also to government institutions. Its initial aim is to integrate basic but highly important NFT elements into France’s legislative department to test blockchain’s potential in improving government-related operations.

NFTs MARA

GEN 0 Collection

Gen 0 Collection is MARA.NFT DAO’s OG project and consists of 100 unique digital artworks hand-drawn by Mara himself. The 100 buyers of the Gen 0 collection, which served as the first batch of strong early supporters of the project, were given the title of ‘The Council of Hundred’ Gen 0 has been an important aspect of the entire MARA ecosystem because it served as a starting point to cultivate the project’s vision, community and stakeholders.

Generation 1 Collection

The Gen 1 collection is comprised of 1.000 algorithmically generated artworks equipped with unique features developed by Mara. Each character has been personally reviewed by Mara and the team to ensure that all 1.000 characters have met their high standards for uniqueness.

NFT utilities

GEN 0 Collection:

  • Royalties from sales of the GEN1 collection
  • Support from the Artists Incubator
  • Access to DAO services
  • Access to real-world and virtual VIP events
  • Entrance to private investor groups

GEN 1 Collection:

  • Royalties from the Artist Incubator
  • DAO governance rights
  • Access to DAO activities
  • Access to standard (non-VIP) events
  • Privilege to sell GEN 1 NFTs for mint price

NEAR benefits

Quality Seal

Obtaining a Near Foundation Grant offers two benefits: funds that can accelerate the progress of a project and a “seal of quality” that assures stakeholders and investors that it is a legitimate project with high potential. The Foundation only awards a grant to projects with a highly qualified team, with bold goals and with a progressive track record in the chosen project. And with the MARA.NFT DAO receiving this prestigious fellowship, interested parties can rest assured that it has passed the Foundation’s high standards.

No congestion or high fees

One of the amazing things about NEAR Protocol is that its increase in users would not affect your transaction speed and costs, which is the opposite of other blockchain platforms especially Ethereum. When the number of NEAR users increases, it just creates more “shards”, which can be described as ‘smaller blockchains’ to accommodate the growing demand. MARA.NFT DAO benefits a lot from this feature as its speed and transaction cost will not be affected by the increase in NEAR users, which ends up benefiting users.

carbon neutral

The MARA.NFT DAO community and NFT holders indirectly contribute to the well-being of the environment as the NEAR blockchain uses Proof-of-Stake (PoS) to validate their transactions. PoS is an engine that consumes significantly less power compared to the traditional Proof of Work (PoW) engine, which is an energy intensive process used by Ethereum.

Final Thought

MARA.NFT DAO has its focus on DAO, but with its limited number of NFTs and a short list of utilities, it’s still unclear if it can stay long in the NFT game. But as it is still a young project and with the NEAR Foundation Grant under its belt, it has great potential to further improve and expand its current benefits and offerings. The community seems to be very supportive as well.

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