# A Nil Overview By [Nil DAO ](https://paragraph.com/@nil-dao) · 2021-10-24 --- #### Nil is a community-curated marketplace looking to harmonize the relationship between the creator economy participants. ![](https://storage.googleapis.com/papyrus_images/5583174827babfc20dfa49554389d09b846718454eda55767617678e44942804.png) Context ------- NFTs are a revolutionary concept which allows novel form of value creation and distribution, liberating creators from traditional constraints. Even though, the so-called creator economy establishment is constrained by self-referencing centralized platforms obstructing creators and collectors’ experience. **By appropriating the means of artistic production’, centralized protocols limit the Cambrian Explosion intrinsic to permissionless technologies while arbitrarily deciding who will benefit from their recommendations.** In addition to favoring insider deals, this situation reduces the emergence of rising artists. Nonetheless, curation mechanisms are necessary as they positively extract signals from noise while offering a built-in audience for promising artists. Both creators and collectors benefit from noiseless on-chain marketplaces where they can safely nourish fertile links. General Overview ---------------- Driven by the burning desire to offer NFT enthusiasts the decentralized experience they deserve, **Nil’s initial contributors introduce the Nil DAO, a decentralized cooperative leveraging the Nil Protocol V1.** This article will serve as an overview of the mechanism implied in the Nil V1. The journey is just beginning, and contributors are confident the Nil fair launch will ignite a powerful federating movement serving creators all around the world. Essential Concepts ------------------ **At the core of Nil resides the concepts of creator’s ownership over their platform in addition to permissionless curation.** Operating simultaneously on Nil, those parties unlock powerful leverage for participants,  among which curating activities serve the artists while offering them a considerable network of passionate collectors. ![](https://storage.googleapis.com/papyrus_images/2eb7be3ddc3c1f48ae9d86dbf31569553af25d40126935e2f89d2f72e824af11.png) Artists ------- * **Creators apply to join the Nil cohort.** To be labeled, their request needs to be supported by the curator’s community. * **Once part of the Nil cohort, creators enjoy the most creator-friendly launchpad.** Abstracting technical complexity, Nil offers them extensive distribution options: community granularity, pricing flexibility, time sequencing modularity, and more. * **Exploiting the\_N\_projects community,** Nil represents a built-in amplification network of collectors looking to collect and support creators in their journey. * Initially, **Nil DAO will not charge any primary fees.** * In addition to their sales revenues, **creators generate $NIL** proportionally to the support demonstrated by the N stakeholders. Creators gain ownership over the ecosystem they contribute to, the greater their input, the greater their holdings. * There is a premium for joining the Nil ecosystem early on. The earlier a creator releases on the platform, the greater the $NIL proportion they generate. * $ETH is the standard currency used to sell on Nil. Even tho, creators can choose to accept $NIL as a payment method, giving them **control over the $NIL supply as well as the $NIL demand.** * Nil Labeled creators finally enjoy a lifelong brand moat additionally to exclusive access to the Nil cohort and anechoic chambers for creators to prosper with their peers. Curators -------- * **Stake your N and $NIL to become a curator.** * **When staking tokens, curators generate Curating Power (CP).** * Curators spend their CP to support applying creators. By carrying them early on, curators serve as their mécène, a contribution for which they will ad Vitam perceive up to 20% of the $NIL generated by those supported creators. This mechanism will be introduced in a post-launch release. #### Curators should rather start accumulating CP which will very soon fuel the Nil ecosystem. Start staking your n and $NIL. ![](https://storage.googleapis.com/papyrus_images/73d648cd55820d9f63c276ce8412d09037a88b8528b656e8391a8ad4a108ffb0.png) * Curators constantly arbitrage between allocating their CP to popular creators massively supported or spreading it over the next talents for which they will perceive a great part of their generated $NIL. Referral Program ---------------- * **Additionally, the Nil Referral Program incentives peer-to-peer collaboration.** * **Referrers perceives forever 6.66% of the $NIL generated by the creators they introduce to Nil.** This design incentive individuals to let the Nil flow among the world. Collectors ---------- * **Save cash.** There are no fees on Nil. * **Benefit from community-curated drops**,  increasing their time efficiency. This curation relies on game theory, maximizing the efficiency of the process. * Purchase and **mint from talented artists** in a secured way. * N Holders will generally benefit from gas war free drops, making their collector journey fairer and less expensive. ![](https://storage.googleapis.com/papyrus_images/1d0ad4aab639f97bc315be35685b4f9b70e053e4ed740f5bbdbb268ce703cd89.png) Cruise with us -------------- This is the first article of a series dedicated to digging into the Nil Protocol mechanisms. Watch out, this is just the beginning. * Join the Nil community on [Discord](https://discord.gg/7n33TDN4Tw) * Follow Nil on [Twitter](https://twitter.com/Nil__dao) * Start onboarding artists and be proactive. **Nil DAO will always favor hackers&painters.** --- *Originally published on [Nil DAO ](https://paragraph.com/@nil-dao/a-nil-overview)*