Sometimes Wizards are in generous moods. All donations can be sent to The Forgotten Council Multisig eth:0x6EAb2d42FEf9aad0036Bc145b5F451799e3FB3F7
The Forgotten Council may host NFT auctions (in the style of Nouns DAO).
Wizard Meph has already written an NFT auction contract that we could use Auction House
Wizard tv and the coding guild have created the Forgotten Market, a Forgotten Runes-specific trading platform. The website can support more detailed data about the Wizards and the idea is that instead of the platform fee (2.5%) going to OpenSea, a lower fee (1% for now but moving to 1.5% in July!) would fund the House.
Magic Machine issues Forgotten Runes holders commercial IP rights that are royalty-free up until a threshold and after that threshold royalties are owed 50/50 to Magic Machine and “The Community”. One of the primary reasons to start the House now is to form a healthy organization that can be the receiver of those royalties in the future.