Anime in the hands of the community: what Japan DAO is doing 🎌

Japan has launched an interesting platform where artists, writers, and fans come together to create new anime projects collectively 🤨

The mechanics are simple:
someone brings an idea for a character or universe → the community votes → the DAO allocates a budget and assembles a team → the IP is distributed among those who actually contributed

Professional artists and writers are already involved, and fans influence the process not just through voting but by choosing the direction: which characters should go into production, which universe to develop, what merch to release, and how the project should evolve. All of this is tied to holding tokens of specific projects 💃

IP (Intellectual Property) means the rights to characters, worlds, merchandise, and licensing. Usually, studios keep full control of these rights, and creators receive only a tiny share of the profits

In Japan DAO, the IP belongs to the creators and the community that supported the launch, so a significant share of the profits goes not to the studio but to the people who actually contributed 🤩