THE
LAO

MIDA

Proposal Details

Dear The LAO Ventures Team, Im Luca Veschetti the COO of MIDA, a web 3 company working with European art Instituitions. From a phisycal masterpiece we only mint 2 NFTs, one kept by the museum and the other commercialized via auction. The digital copies are signed and authenticated by the director of the Museum. The Museum sign a contract that no other autheticated NFTs from the same masterpiece will be made so the one placed on the market it’s the only existing in the Metaverse. The majority of the proceeds are remunerated to the institution holding the physical artwork to support them in the economic burden of preserving the Collective Cultural Heritage We bring a new revenue stream to Museums, hardly hitted by Covid-19 related restrictions, offering authenticated NFTs in a market saturated by anonymous algorithmic collections. The NFT Masterpiece in addition to its collectible value and its use in metaverse exhibitions acts as a key to accessing a “Golden Circle” of great art lovers, new talents and renowned critics, connecting them in a social network for the mutual benefit of the participants. We have already masterpieces made by Caravaggio, Tiziano, Tintoretto, Giorgione and Arcimboldo for the first auction. As advisor we already welcomed Marco Tonon ex President of AVICOM, the Museums International Committee for Audiovisual and New Technologies of Image and Sound and we made a partnership with RnB4Cultures (https://www.rnb4culture.com/) lead by Fabrizio Renzi, our Mentor, ex Director of Research Technology and Innovation of IBM. At the current state we have collected $240k (Total Seed Sale Round is $440k) $200k from Big Brain Holding (https://www.bigbrain.holdings/), an Hollywood private firm; $10k from one of the founder of NFT3 project; $20k from an italian Senator that will help us with introductions to collectionist and Foundations; $10k from a Venetian Gallerist that introduced us to Carlo Alberto Tesserin (http://www.basilicasanmarco.it/procuratoria/?lang=en), that manage the Basilica of San Mark in Venice. Currently, there are two VCs that comunicated us the willingness to invest from 50k to 100k together: Richard Blankenship (https://www.linkedin.com/in/richardblankenship) - Dream Ventures Sam Simmons (https://www.linkedin.com/in/sampsonsimmons) - Non-Fungible Ventures I Would love to share a bit more about our project and see if a long therm relationship with You could be valuable for both of us.

Thank you very much for your time and attention. Luca Veschetti

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