WTF is Grounds

Grounds is a global, community-run organization that uses money raised by the community to fund open-source technology, art and public-works projects. Grounds positively impacts the world by funding ideas and fostering permissionless collaboration.

Ownership in Grounds is accessible to anyone. Grounds rewards creators, builders, and community participants with money and voting power, and the community builds out the Grounds vision, together.

Anyone can earn a living and decision making power in Grounds for their efforts.

How can I help?

There's a way for everyone to get involved with Grounds. Whether you're an artist, athlete, scientist, professional, academic, engineer, organizer, designer, content creator, educator, worker etc, Grounds funds people and projects of all sizes and domains.

If you're excited about Grounds, there's a place for you.

How does it work

Our community raises money through the sale of Grounds and votes. The money raised is held in our community treasury, and we collectively decide how to spend it to further our mission.

Artists create Grounds, and the community votes on their favorite art piece. Grounds artwork is original work and stored directly onchain (not IPFS). Every day, the community chooses the next Ground to send to auction.

Ground auction proceeds are split between the treasury and the artist behind each Ground. Artists who have their art auctioned receive their split of proceeds in the form of Magic Internet Beans and ETH. The proportion of votes and ETH artists receive is configurable by Grounds DAO.

Magic Internet Beans are a nontransferable token that tracks your contributions to Grounds. Votes can be purchased at any time, by anyone. The price of votes is determined by a continuous VRGDA. On average, 1000 votes are sold every day.

All Ground holders are members of Grounds DAO. One Ground is equal to 1,000 votes. The treasury is controlled exclusively by Ground and Magic Internet Beans holders via governance.

How is Grounds different from Nouns?

Ownership in Grounds is accessible to everyone, and available at any price point.

There are two ways to get voting power in Grounds:

The DAO is governed 50/50 by Ground and Magic Internet Beans holders.

Vote sales are not exclusionary, but are accessible to all.

The Ground daily auction puts up the top voted art piece as chosen by the community, and profits are split with the artist.

How is Grounds similar to Nouns?

Grounds is inspired by Nouns. 1 Ground, every day, forever.

Many of the contracts are a fork of Nouns.

Like Nouns, Grounds is a community-run organization that uses money raised by the community to fund open-source technology, art and public-works projects.

Grounds committed at the protocol level to a targeted issuance of Magic Internet Beans every day through a VRGDA, and an auction of 1 Ground every day, forever.

Grounds is CC0. No one owns the brand, and you can use it any way you want, without asking for permission from anyone.

last but not least,

Why does it matter?

Grounds is important because it incentivizes anyone to help build a positive future for everyone. Instead of working for a corporation with a sole pursuit of profit, you can spend your time and energy growing community-led impact in the world that benefits the public.

Grounds empowers you to spend your time building for a better future.

What is our purpose?

Wake up! Be bold, pour freely, and brew good. Percolate stimulating ideas, with a rich blend of people and cultures. Stay the grind and distribute well. It might be a long shot, but by applying the right pressure, we have a robust opportunity to make a global impact.