CryptoArtCoin – $CRAC
Feel free to check out the CryptoArtCoin landing page over at Roll but I also wanted to give people an explanation of what this new social currency is all about and what it means for artists with CryptoArtNet listings.
CryptoArtCoin or $CRAC is launching as a social currency for the CryptoArtNet directory of artists making cryptoart in partnership with Roll. I’m going to be releasing quite a bit of it in the early stages to incentivize artists creating listings on the site. HODLing is highly recommended.
Here’s the deal:
The first 13 members with live profiles, aka The Baker’s Dozen, will receive 10,000 $CRAC the first week of June.
The first 100 live profiles (excluding The Baker’s Dozen) or those created by June 30, whichever comes first, will receive 5,000 $CRAC the first week of July. These artists will also be designated as Founding Artists as will The Baker’s Dozen.
Artists creating profiles after that milestone will receive 1,000 $CRAC the first week of the following month until further notice.
Additional opportunities to earn $CRAC will be created in exchange for promoting the site and recruiting new members beginning in July.
$CRAC will initially be redeemable for monetization and promotion services created by CryptoArtNet.
However, most promotional efforts will be focused on the site in order to promote all listed artists and so will not require spending precious $CRAC. It should be noted that the categories of Baker’s Dozen and Founding Artists will increase in promotional value as more artists come on board.
If you have questions or suggestions, be in touch: