Due to the recent spam attack, daVinci had to reduce the minting limit to 5 for verified artists and 1 for unverified artists.
Proposal: Raise the limit of verified artists to 10,000 per day.
Rationale: Verified artists have to go through a verification process so there’s a high chance they aren’t bots.
Since unverified artists could potentially be bots, I have no opinion on the appropriate limit to reduce spam. I also think keeping it at 1 incentivizes unverified artists to get verified and at the same time increase the quality of art on daVinci.
This implementation was done as an emergency response and the daVinci governance token is not complete yet. If we want more adoption to come to Harmony x daVinci, I think capping the limit of supply is detrimental to the ecosystem long term, especially when NFT are blowing up and gaining wider acceptance.
This started with an emergency proposal, and it should end with an emergency response if met with unanimous consent. As of right now, I can’t think of a good reason on capping verified artists’ mint production at 5 per day. Please prove me wrong.