LumArt - AI Art Collective

There is a clear vision for fostering a community-driven ecosystem for AI artists and collectors. 

- The idea of a shared token ($LUM) that aligns incentives for artists, collectors, and promoters is interesting. It could create a sense of shared ownership and motivation.
- The proposed changes to reduce low-effort submissions and encourage high-quality work are a good start. Lowering round rewards while keeping winner rewards high could help focus attention on the most valuable contributions.
- The referral rewards mechanism is a great way to incentivize community growth and recognize the value of bringing in new talent.
- The suggestion to remove minting on submission and only mint if the art wins a top spot could help reduce unnecessary transactions and make the platform more efficient.
-The idea of highlighting past winners, interesting workflows, and new artists through spotlights and features is excellent. This could help create a sense of community and showcase the diversity of talent on the platform.