what's Mementos?
Mementos is an NFT collection created by digital artist Modest, designed as a mechanism for creative exchange between artists and collectors. It introduces a novel minting system where, upon minting, 70% of the funds are locked into a personal vault for the collector to reclaim at any time, while 30% supports the artist. This structure aims to align long-term incentives, reducing speculation and fostering sustained value in digital art ownership. The project builds on generative art principles, often integrated with platforms like Art Blocks, and emphasizes security through audited smart contracts. Collectors can participate in exchanges and future editions, with ongoing developments like send/receive primitives enhancing interactivity. Mementos represents an evolution in NFT mechanics, prioritizing artist-collector symbiosis over traditional drop models.
Mementos offers ~20 editions redeemable for 4 tokens each, first-come-first-served.
Links
x.com/m0dest___Holders can redeem an edition for 4 MEMENTOS tokens on a first-come-first-served basis with approximately 20 editions available.
Lottery system launches tonight for 12 remaining artwork pieces from the @photonisdead collaboration, with redemption at 10 mementos or ETH, replacing the previous first-come basis distribution.
Holders can redeem Mementos for artwork from the "unbreakable" collaboration with @photonisdead, with only 7 pieces available on a first-come basis.
DEATHx1-zero auction closes at 1.11, with 11 artworks now available for redemption at 31 mementos each.
The auction for DEATHx1-zero (the foundational piece in the DEATHx1 series) is now live, with redemption requirements to be announced later.
New exclusive artwork series DEATHx1 launches with 11 unique 1/1 pieces for holders only. Zero reserve auction for DEATHx1-zero occurs Thursday to determine redemption pricing structure.
New mint launching this week: 6,900 supply at 0.0369 ETH, redeemable for artwork and future allowlists, with 70% refund mechanism.
Collection experiences 92% price surge on secondary market, ranking among top weekly performers.