After 3D modeling, painting, generative art and photography, Street-Art is the next major artistic movement invested by the NFT revolution.
Cryptos and NFTs are currently experiencing a slowdown, but despite this, some projects deserve special attention, including Streetlab.io. This is the new decentralized platform dedicated to #StreetArtNFT. This is a platform that specializes in drops of NFTs collections made by Street-Artists. And unlike some platforms that aim to “tokenize” images of physical Street-Art works, Streetlab.io invites artists to unleash their creativity through digital works.
Streetlab.io: the decentralized platform dedicated to Street-Artists
Streetlab.io is a platform that allows street artists toexplore the world of NFT. In fact, it opens up new fields of creativity for them, connecting them directly with their collectors. In addition, it gives them access to new sources of income. In addition, Streetlab.io aims to build the largest #StreetArtNFT community. Likewise, it gives all street artists who want to enter the world of NFT the means to act.
What sets this platform apart from others, Streetlab.io invites street artists to experiment digitally using their journey and their inspirations. This encourages collaboration with other artistic currents.
It is not a platform that refers to existing physical works sold in NFT. In fact, the goal is to become Street-Arts Artblocks. That is, a place where street artists can launch their projects and where collectors can buy NFT StreetArt.
Founders and teams
Alexis D’Eudeville and Sebastien Rouby are the two founders of Streetlab.io. Alexis left Google to focus on Web 3, convinced that team leadership is an art.
As for Sébastien, he left the financial sector to become a butcher and gave up this activity to devote himself to NFT marketing. Since February 2021, he has joined the incredible NFT family. First through collectibles, from Veve to Opensea, then changed a bit to gen art and 1: 1.
They founded streetlab because they were convinced of it NFT technology is a fundamentally positive revolution for art and artists.
Julien Bessaguet joined the Streetlab team for two reasons: the long-term vision and the technical challenge. In addition to Maxime Oulé, Sonia Ankri has joined Streetlab to recruit and mentor the biggest Street Artists looking to get started on Web3.
The different partnerships
Streetlab is designed for welcome to all street artists who want to embark on the NFT adventure. Thus, the platform worked with a very talented and respected street artist, Yescka, for the Genesis collection.
Streetlab wants to attract the attention of street artists, galleries, schools, museums and collectors’ clubs. In fact, more than 25 world-renowned street artists are already on board preparing their drops. Especially Difuz, Nephrite, Chad, Lafleuj, Mehdi Cibille, Falko, Sam Elgreco, Dalek, Jason Naylor, Lucas Beaufort, Shane.
Good collaborations have emerged in the NFT environment. Including Zeneca, Doodles, BAYC Community, CryptoPunks Community, OSF (coming soon). Not to mention that Streetlab is supported and advised by leading crypto-art OGs like Benoît Couty from MoCA and Carlos Marcial Torres.
Streetlab.io launches its Genesis collection
To fund and manage Streetlab, a Genesis collection designed by Mexican street artist Yescka becomes launched on June 2, 2022. The latter consists of 4444 NFTs. Named the Free Muertos Tribute, it is a limited collection of NFTs consisting of hand-drawn skeletal figures.
These characters represent freedom fighters returning from the dead. They will guide Street-Artists to the NFT stage to make their voices resonate and fight censorship.
How to buy an NFT Genesis?
First of all, you need to know that the price of NFT Genesis is stipulated in Ethereum. We must therefore first buy ethereum on a stock exchange like Etoro.
Metamask Wallet is the most suitable. Then the Genesis NFTs can be embossed directly on the page or purchased at Opensea after each launch.
The role of free Muertos Tribute NFTs in Streetlab
The Free Muertos Tribute plays a special role in the management of Streetlab. Collectors of these NFTs will get one privileged access to the various functions and earn a portion of the profits. In addition, the collection consists of unique NFTs embossed on Ethereum blockchains. A strict limit will be set on NFT per. wallet address to ensure fair distribution.
In summary, Genesis owners will receive:
- revenue share on Streetlab.io
- the opportunity to sponsor a Street Artist and receive a portion of the platform’s revenue
- privileged access to future Streetlab downgrades
- voting rights for the curation.
All proprietors are allowed to mark their own projects or products that use their NFT Free Muertos and sell them independently.
This is how Streetlab works
Any artist can access Streetlab’s Resource Center and join the discord community to learn about NFTs. But to be featured and promoted by Streetlab, artists must apply by presenting their project themselves.
The community then defines the eligibility criteria so that street artists can apply and have their works promoted and sold by Streetlab. The idea is that agree on what is part of street art and set rules that projects must follow in order to be promoted.
Streetlab perfectly illustrates how blockchain and metaverse integrate the art field. Each member of the community will be one streetlab defender and will be able to participate in the selection of the best street artists, ready to embark on the NFT journey.
Rewarding active community members and encouraging peer collaboration is an important part of Streetlab.io.
For this reason, any genesis holder can sponsor a street artist on the platform. The sponsor will receive 5% of the primary sales generated by the referred artist without affecting the artist’s share.
Bestsellers on Streetlab
Inspired by Artblocks, the platform offers a collection page displaying the drops of artists selected to monetize. There can be two different types of drops: a 1/1 auction or a fixed price collection with several unique pieces.
At Opensea, an official Streetlab collection for the secondary market of all works of art embossed on the Streetlab platform will also be created. It will be possible to filter by artists and by sub-collection to easily find what you are looking for.
Streetlab Genesis offers specific benefits to its owners:
- Exclusive drops that will only be reserved for Streetlab Genesis owners
- Early access to a drop before a public sale on Streetlab.io
- A reduced price for a specific fall
- An airdrop reserved for Streetlab Genesis owners
Streetlab business model
The development of the Streetlab platform and its launch will be funded by the primary sale of the Free Muertos tribute genesis collection.
Restoring value for Free Muertos holders is at the heart of our approach. Verily, they made the laboratory possible and initiated a good cycle value creation to support a healthy secondary market.
The laboratory’s sources of income will be:
Service fees on Streetlab.io represent 15% of all primary sales hosted by the platform. The distribution of secondary costs will be discussed individually with each project.
Streetlab Genesis Secondary Market
The majority of all royalties on the secondary market generated by Streetlab Genesis will be allocated to the laboratory’s treasury.
As Streetlab evolves, the team and community will take every opportunity to launch new projects. They walk create new products and increase value for owners.
Governance at StreetLab
As mentioned in the presentation was Streetlab built by society for the benefit of the latter, as a decentralized organization. Governance mechanisms aim to reconcile decentralization and efficiency. The adopted structure thus comprises three levels of governance, in particular:
Eligible Streetlab Community Members
To be eligible, you must be holder of at least 1 NFT Genesis. This allows you to take advantage of a referral bonus for any street artist listed on Streetlab.io. In addition, it provides privileged access to Streetlab drops. In addition, this level allows you to own all the commercial rights to the Free Muertos Tribute NFTs.
Qualification of Streetlab Curators
To become a curator, you must get one of 88 Streetlab Genesis NFTs with a secret property. This entitles to a membership card of the trustee club. You must also be one of the 22 Streetlab community members drawn quarterly to become a member of the Streetlab Curator Club. In addition, this draw will take place on a random date in the last month of each quarter.
This membership allows take advantage of all Layer 1 features. It generates a share of the “Streetlab Curated” profit on a quarterly basis and makes it possible to vote for projects to be presented on the platform.
Qualification of Streetlab Super Curators
For this final level, it is the members of the Streetlab team who select the qualitative criteria. This category allows you to take advantage of all the benefits of levels 1 and 2 and to have a dedicated co-branded collection on Streetlab.io.