TR Lab x AI 2041: Everything You Need to Know

From Joining the Whitelist to Participating in Auctions, here’s the fine print.

  1. Summary
    Weekly Calendar

Summary

We are incredibly pleased to be working with some of the most talented artists in the traditional and digital art worlds who all share a common interest in artificial intelligenceand how this technology will change our world in the next two decades.

What?

The TR Lab x AI 2041 series will feature a weekly drop of artworks from renowned artists. Each drop will vary in edition size and pricing, and will either be a limited edition sale or an auction, and sometimes may feature both.

When?

EDIT: As of 11/15/21, the Weekly Schedule has changed to allow for a longer auction period. Please see this article for details: Updated Timeline.

The AI 2041 series will last from October 24, 2021, through December 18, 2021. The process for each week is as follows:

  • Sunday @10 AM ET | TR Lab will tease the identity of the artist for the upcoming week

Note: there is the possibility of a one-week respite during this two-month span to accommodate the schedules of the artists we have partnered with.

There will be no Whitelist process on weeks when the drop is only an auction and doesn’t include a sale (decided in conjunction with the artists we have partnered with).

AI 2041 Weekly Community Calendar

(Please note that the auction times may vary, please check our Discord or Twitter for the most updated schedule.)

Joining The Whitelist For AI 2041

We’ve chosen to conduct the AI 2041 series drops in a way that rewards our earliest supporters, facilitates active engagement from the general community, and minimizes senseless waste of ETH in gas wars. TR Lab will work with each week’s artist to determine the edition size of each drop. The maximum supply of each drop will first be made available via two whitelist raffles, then will open for public sale:

  1. General Whitelist | This Whitelist is intended to in the TR Lab Discord. 60% of each drop’s maximum supply will be made available to successful entries in the General Whitelist. Active participation is required from general members by cracking the code with clues left by the TR Lab team throughout the week.

A new Whitelist raffle will open for each artwork. The link to join the Whitelist raffle will be available through our Twitter and Discord.

Drop Details And Fine Print

EDIT: As of 11/15/21, the Whitelist details have changed to better reward true fans of the artist, and further dissuade bots and flippers. Please see this article for details: General Whitelist Updates.

We’re proud to have partnered with such a wide range of renowned artists who believe in our platform and burgeoning community. The mechanics of our drops were designed to be as fair as possible, while still recognizing our early supporters and active community members. See more details about the AI 2041 series drops below:

General Whitelist Raffle Protocol | 60% of the supply for each applicable drop

  • In addition to wallet address and Discord and Twitter verification, eligible General Whitelist entries must contain the correct secret code.

Reserved Whitelist Raffle Protocol | 40% of the supply for each applicable drop

  • Eligible entries must contain a wallet address holding a TR Lab Genesis piece, along with Discord and Twitter verification details. Each Sunday at 11:59 PM ET, TR Lab will take a snapshot of all wallets holding TR Lab Genesis pieces — and only those wallets will be eligible to enter onto the Reserved Whitelist for that week’s drop.

For avoidance of doubt, the TR Lab team will be checking successful entries for redundancy between the Reserved Whitelist and General Whitelist. If a TR Lab Genesis owner is successful in both the Reserved Whitelist and General Whitelist, they will be awarded a mint in the Reserved Whitelist (40% of total supply).

Please only apply to a Whitelist if you intend to purchase the artwork. We will be automatically disqualifying wallets from the next sale if it qualifies for whitelist the prior week and doesn’t purchase.

Please note you will only be allowed to enter the raffle once per week. Therefore you should ensure your answers–including the secret code in the General Whitelist competition–are correct before submitting.

Check your entry. All raffle entrants can check to see if they’ve won on the TR Lab website. If you see the below green badge under the Buy Now button, you are confirmed to be eligible to mint a piece before the public sale.

Disposition on Drop Mechanics

Ensuring that the work from our incredible line-up of artists is distributed in an equitable, provable manner is just as important to us as the AI 2041 series artwork itself.

TR Lab will be making use of Gleam.io as an intake tool for entries to both Whitelist raffles, which will require Twitter and Discord verification from entrants. The raffle selection process will be entirely on-chain and 100% transparent.

We have also been firm in our intent to reward our earliest supporters–the TR Lab Genesis Owners–during the AI 2041 series and thereafter. Key benefits enjoyed by them in these drops include:

  • 40% of the supply in each week’s drop will be reserved for Genesis owners.

While we seek to reward our initial supporters, we also believe in welcoming new ones so we can build a large, thriving community open to all who share our passion for art and technology. 60% of the supply in each drop will be available to members who do not own a TR Lab Genesis piece. Eligible entrants will have to show that they are active contributors by participating in events to piece together the secret code. If they’re successful throughout the process, they’ll enjoy a comfortable 24 hours to mint their piece and avoid gas spikes and competition in speed.

How To Participate In An Auction

AI 2041 Auctions | On-Chain And Anonymous

TR Lab’s auctions for the AI 2041 series will take place completely on-chain, driven by smart contracts. Ethereum is used for pricing, which will save any unnecessary gas fees. We want to encourage anyone with a wallet to participate in the auction. In particular, we are focused on reducing the impact of gas fees generated by each bid.

Timing of Auctions

TR Lab is based on the block time of the Ethereum block, not traditional clock time. The sale will only begin when the latest block time of ETH reaches the sale start time. The block time of the blockchain is uncertain because it changes, but the current average block time is about 13 seconds (https://etherscan.io/chart/blocktime).

For example, you are able to calculate the time of block 13558087 at https://etherscan.io/block/countdown/13558087.

There will be instances where the clock time has reached the sale start time, but the latest block time has not yet reached the start time. In this case, you will need to wait for the next block to start before you can begin bidding. At the time of this writing, that can account for an additional 13-second delay.

After the countdown, the page will automatically update. When the next Ethereum block has arrived, the auction will start on the page automatically. The start of the auction is controlled by smart contracts. Regardless of how long it takes to wait for the next block, it is the same and fair to every collector.

Bidding

When the Ethereum block has arrived, collectors will be able to bid on the page. The length of our auctions is 24 hours.

Prior to the auction, the timer on the artwork page will count down to the start of bidding. Once the auction begins, the timer will indicate the time remaining.

Please note:

  • Bids placed during an auction cannot be withdrawn or canceled

Stay Connected & Updated.

Official channels of information include our Website, Twitter, and the #announcements channel on our Discord.

TR Lab is a platform for discovering and collecting NFT art from the world’s leading artists.

TR Lab is a platform for discovering and collecting NFT art from the world’s leading artists.