The hip DAO is moreover team to create a splash in the phygital world this week with the inaugural FWB Fest.
OpenSea, the world’s largest NFT marketplace, is converting its homepage on Friday to caption works by what may be the active DAO to date. Friends With Benefits, established in 2020 by Trevor McFedries, “a DJ, entrepreneur, and desiring basketball star,” regarding Interview magazine, is debuting 10 recent tasked artworks as the role of a program named “The Flock.”
The artists and DAO members encompass contemporary artists Andrew Benson, Ayaka Ohira, Case Simmons, Ezra Miller, Niall Ashley, Nic Hamilton, Petra Cortright, Sarah Zucker, Tyler Givens, and Vivian Fu.
OpenSea raises $100,000 to charge the NFT art, divide equally among the ten artists. And in another instance of a “phygital” enterprise, the physical artworks will be on view the following weekend (August 12-14) at the initial FWB Fest, happening at the Idyllwild Arts Academy, in California’s San Jacinto mountains.
“FWB is a social DAO and it’s certainly concentrated on integrating crypto and culture,” the DAO’s head of label Lindsay Howard said to Artnet News. The membership payments for the personal online population, which is concentrated on blockchain enthusiasts and artists, appear in the form of tokens, and networking occurs on Discord channels. About 3,000 partners have enlisted to date, encompassing musicians Erykah Badu and Azealia Banks.
We’re certainly famous for establishing artist incidents and being this bridge in the social capability in the web3 area,” Howard announced. “So we commenced talking with OpenSea because they’re enthusiastic in proceeding to create connections with artists in the area, and together we planned this intention of being the initial outer group to take over their homepage.”
The more the two parties spoke, “the more active we all got, and it came out whirling into this extraordinary cooperation,” she announced. “The OpenSea homepage has extraordinary visibility and is probably the most trafficked space in all web3.”
“FWB is the premier cultural and social DAO, and we’re excited to partner with them to uplift artists in the web3 space,” said Alexander Bercow, who oversees partnerships at OpenSea. “The FWB team has curated an incredible lineup of artists that we’re thrilled to bring to our community via our homepage and our weekly collaboration on NFT Pirate Radio. This collection shows us what’s possible for the future of NFT art, and we’re looking forward to continuing to work with the FWB team on our shared mission of moving the web3 area forward.”
Meanwhile, this weekend’s inaugural FWB Fest will be a three-day immersive celebration of music, experiential conversations, and workshops about culture and the web3 area. “We’re thinking of this as a kind of culture crypto summer camp,” announced Howard, expanding that the NFT artworks will be on show in a “proper” gallery space on the grounds of the art academy. About 700 people have RSVP’d so far.
As a decentralized institution, the FWB population collectively ratified the proposed cooperation with OpenSea and expanded an inner curatorial team consisting of artists and entrepreneurs.