Incentivized Public Goods is a cutting-edge concept made possible by blockchain technology. CC0 intellectual properties (IPs) are public goods, and by integrating incentives and composability into this domain, we aim to accelerate the development of this culture.
Ethereum has been described as "a programmable computer that lives in the sky."
What would happen if we created "an artwork storage that lives in the sky"?
The Ethereum Image Service (EIS) is a hyperstructure that provides a pool of fully onchain images represented in SVG format, along with incentives. Creators can freely upload fully onchain images to EIS and earn fees through NFT minting. Anyone can access and remix the images from the pool. EIS facilitates the collaboration of onchain images and IPs, unlocking the infinite development of diverse communities and cultures.
As the image pool grows, network effects will strengthen, propelling EIS to new heights.
Advances in fully onchain image compression technology
Reduced image storage costs due to Layer 2 technology
Image storage that anyone can remix, creating network effects
Encouragement for images to enter the public domain while allowing authors to earn incentives
Diversification of frontends by splitting fees between the frontends and the protocol
In EIS, all images are stored fully onchain in SVG format. Creators can create their works in SVG format through various interfaces and store them in EIS. Stored images can be minted as NFTs. The sale price and fees can be set for each interface (details mentioned later).
The evolution of full onchain image compression technology is marked by Efficax.
Efficax is a project initiated with funding from Nouns and created by diid. This technology allows larger image files to be stored onchain. Additionally, recent advances in Layer 2 technology have made this process cheaper.
In other words, the creation and storage of full onchain images are becoming democratized.
Since images stored in EIS are fully onchain in SVG format, anyone can access and remix them. Another creator can remix any image and upload it as a different work, eliminating the need for creators to start illustrations from scratch. Furthermore, the diverse IPs stored in EIS facilitate easy collaboration.
The more diverse images stored in EIS, the easier it becomes to create artwork using EIS, increasing the protocol's value. By consolidating images previously stored on creators' local computers in one place, network effects are amplified.
The created images can be minted as NFTs. EIS and the creators' revenue source is the minting fee. This fee should be recursively distributed to the NFT creator and the creators of the referenced images.
This fee model incentivizes creators of primitive images and iconic brand images.
In other words, creators and projects can earn additional revenue by uploading their IP as public goods.
When an NFT created from scratch is minted, the following fees generally apply:
Creator fee
Frontend fee
Protocol fee
If the image references another image, the fee should also be distributed to the creator of the referenced image.
Fees other than the protocol fee are set by the frontend. Thus, EIS encourages the creation of frontends by third parties and the implementation of monetization strategies.
Expected use cases include:
Services for creating community propaganda posters
Services for creating skateboard deck artwork
Affordable services with a 0% frontend fee
Frontends specializing in artwork using Noggle
and more...
Please provide various interfaces according to the purpose and use.
The Ethereum Image Service (EIS) represents a significant advancement in the utilization of blockchain technology for creative works. By providing a decentralized and incentivized platform for storing, creating, and remixing onchain images, EIS fosters an ecosystem where creativity and collaboration can flourish. This innovative approach not only democratizes access to IP creation but also ensures that creators are fairly compensated for their contributions. As EIS continues to grow and evolve, it has the potential to revolutionize how digital art and IP are produced, shared, and monetized, unlocking new possibilities for diverse communities and cultures worldwide.
Ethereum Image Service is an Infinite Remixable CC0 Garden.
ウェブサイト: https://eis.toys/
Farcaster: https://warpcast.com/eistoys
Incentivized Public Goods is a cutting-edge concept made possible by blockchain technology. CC0 intellectual properties (IPs) are public goods, and by integrating incentives and composability into this domain, we aim to accelerate the development of this culture.
Ethereum has been described as "a programmable computer that lives in the sky."
What would happen if we created "an artwork storage that lives in the sky"?
The Ethereum Image Service (EIS) is a hyperstructure that provides a pool of fully onchain images represented in SVG format, along with incentives. Creators can freely upload fully onchain images to EIS and earn fees through NFT minting. Anyone can access and remix the images from the pool. EIS facilitates the collaboration of onchain images and IPs, unlocking the infinite development of diverse communities and cultures.
As the image pool grows, network effects will strengthen, propelling EIS to new heights.
Advances in fully onchain image compression technology
Reduced image storage costs due to Layer 2 technology
Image storage that anyone can remix, creating network effects
Encouragement for images to enter the public domain while allowing authors to earn incentives
Diversification of frontends by splitting fees between the frontends and the protocol
In EIS, all images are stored fully onchain in SVG format. Creators can create their works in SVG format through various interfaces and store them in EIS. Stored images can be minted as NFTs. The sale price and fees can be set for each interface (details mentioned later).
The evolution of full onchain image compression technology is marked by Efficax.
Efficax is a project initiated with funding from Nouns and created by diid. This technology allows larger image files to be stored onchain. Additionally, recent advances in Layer 2 technology have made this process cheaper.
In other words, the creation and storage of full onchain images are becoming democratized.
Since images stored in EIS are fully onchain in SVG format, anyone can access and remix them. Another creator can remix any image and upload it as a different work, eliminating the need for creators to start illustrations from scratch. Furthermore, the diverse IPs stored in EIS facilitate easy collaboration.
The more diverse images stored in EIS, the easier it becomes to create artwork using EIS, increasing the protocol's value. By consolidating images previously stored on creators' local computers in one place, network effects are amplified.
The created images can be minted as NFTs. EIS and the creators' revenue source is the minting fee. This fee should be recursively distributed to the NFT creator and the creators of the referenced images.
This fee model incentivizes creators of primitive images and iconic brand images.
In other words, creators and projects can earn additional revenue by uploading their IP as public goods.
When an NFT created from scratch is minted, the following fees generally apply:
Creator fee
Frontend fee
Protocol fee
If the image references another image, the fee should also be distributed to the creator of the referenced image.
Fees other than the protocol fee are set by the frontend. Thus, EIS encourages the creation of frontends by third parties and the implementation of monetization strategies.
Expected use cases include:
Services for creating community propaganda posters
Services for creating skateboard deck artwork
Affordable services with a 0% frontend fee
Frontends specializing in artwork using Noggle
and more...
Please provide various interfaces according to the purpose and use.
The Ethereum Image Service (EIS) represents a significant advancement in the utilization of blockchain technology for creative works. By providing a decentralized and incentivized platform for storing, creating, and remixing onchain images, EIS fosters an ecosystem where creativity and collaboration can flourish. This innovative approach not only democratizes access to IP creation but also ensures that creators are fairly compensated for their contributions. As EIS continues to grow and evolve, it has the potential to revolutionize how digital art and IP are produced, shared, and monetized, unlocking new possibilities for diverse communities and cultures worldwide.
Ethereum Image Service is an Infinite Remixable CC0 Garden.
ウェブサイト: https://eis.toys/
Farcaster: https://warpcast.com/eistoys
Ethereum Image Service is a collaborative hypercanvas where infinite creativity blooms.
Ethereum Image Service is a collaborative hypercanvas where infinite creativity blooms.
Share Dialog
Share Dialog
Subscribe to Ethereum Image Service
Subscribe to Ethereum Image Service
<100 subscribers
<100 subscribers
EIS is a canvas that lives in the sky EIS is getting ready for testnet launch rn 💙 https://paragraph.xyz/@eis/how-eis-works
@diid , I have quoted you in the article 💙 Thanks for talking with me about efficax. testnet product is getting ready✨
2 comments
EIS is a canvas that lives in the sky EIS is getting ready for testnet launch rn 💙 https://paragraph.xyz/@eis/how-eis-works
@diid , I have quoted you in the article 💙 Thanks for talking with me about efficax. testnet product is getting ready✨