Setup
- Create dedicated Gmail account
- Set up new PayPal account
- Complete online store setup
- Research and choose NFT platform for minting
Design and Production
- Create 11 unique cat-themed socks (for humans) based on new mooncat character designs 👀
- Find local sock printer or online piece-rate printer
- Design custom display case and packaging
- Source packaging printer (local or online)
NFT Integration
- Develop system to link physical socks with digital NFTs
- Options: QR code, unique identifier, and/or AR experience
- Create smart contract for NFT minting and royalty distribution
- Set up royalty system (11% for original NFT holders on lifetime basic sock sales of their design)
- Implement authentication method
- Options: blockchain verification, holographic stickers, or certificates of authenticity
Marketing and Community Engagement
- Organize sock donation drive wearing custom mooncat masks
- Develop virtual art show/sock gallery in Decentraland
- Launch collaborative sock design contest (winners keep NFT + royalties)
- Create cryptic treasure hunt across web3 platforms
- Arrange appearances on web3 podcasts
- Collaborate with other artists/projects for limited edition designs and collections
- Partner with NFT galleries for showcasing
- Shill like a cat mother
Launch Preparation
- Set up online sales platform for both NFTs and physical socks
- Create FAQ and customer support system
- Develop fulfillment process for physical sock delivery
- Prepare marketing materials (social media, press releases, etc.)
Post-Launch
- Develop sales and royalty distributions tracker
- Gather community feedback
- Plan for potential expansion or future collections
Notes on Royalty System
- Cat Socks: Collection #1 buyers receive a framed pair of socks authenticated to their digital NFT counterpart.
- These cyber-physical NFT holders are entitled to an 11% royalty on future sales of basic versions of their collector sock(s) sold on The Cat Fam Store.
- Every time someone buys a basic version of a particular design, the original NFT holder of that design receives 11% of the sale price.
- Basic versions are socks sold to the public based on the design of the original 11 mooncat characters. Each basic sock purchase mints a PFP NFT unique to the original character style and gives access to its associated sub-community and their active members and benefits.
- This system creates a potential passive income stream for NFT holders, incentivizing initial purchases, rewarding popular designs, and building community and collaboration.