Harvest’s NFT Incubator Launch

Harvest released NFT Incubator — an initiative to support talented digital artists.

Starting today, artists can pitch their Harvest-related work to commune and ask for incubation.

🔸Benefits for Artists

Artists who want to supercharge their digital careers can be elevated by Harvest Incubator and receive the following benefits:

• Showing your work directly to an audience of 80,000+ users across all Harvest’s social channels
• Artist’s work gets a dedicated Twitter shoutout + a link to OpenSea auction + (optional) @ to their personal Twitter account
• Keeping 50% of the first sale incubated by Harvest
• Access to a private discord channel to hang around with other incubated artists and owners of Harvest’s that art

🔸The process

There is no fixed schedule as to when we announce auctions. Depending on the amount of interest in Harvest’s Incubator, they can even occur weekly.

Harvest NFT Incubator will preannounce the date of an NFT sale on Twitter to give potential buyers enough time to adjust their calendars.

Artists are expected to mint their unique, Harvest-themed art on their OpenSea profile. From there, Harvest asks artists to transfer their art directly to Harvest’s Incubator wallet.

Once the art finds itself in possession of the Incubator, the promotion process begins, followed by one (or more) Twitter announcements of the upcoming art sale.

🔸Motivation

Harvest’s creativity contests are one of the wildest in the crypto space. In fact, it’s the chad & bread memes that helped Harvest become what it is today.

Art plays an essential role in Harvest’s ecosystem, and having an in-house incubator seems like a logical step on our journey.

The proceeds from Incubator sales benefit everyone involved:

• Artists: Exposure, 50% from the first sale + 10% on any future sale of their art (commission set by themselves when minting the art)
• Commune: 20% distributed back to NFT holders of the Chad & Friends series (Yet to be decided how often will that be —when it makes the most sense economically given the high gas fees)
• Harvest: 30% Incubator Ops Fund

About Harvest Finance

Harvest is an asset management platform that maximizes yield for assets deposited by users. Harvest reduces gas costs and develops cutting-edge strategies to become the stop-shop of yield farming in DeFi.

📰 INFO

https://medium.com/harvest-finance/introducing-nft-incubator-18888fce7dac