This EIP addresses a specific and different use of collaborative NFTs, where multiple creators can interact and contribute to a collection. This model introduces collaborative governance, with dynamic rules regarding minting fees, participation, and contract updates.
This distinction is essential because, in collaborative projects, it is crucial to ensure the stability and integrity of the system. Functions such as updateTerms, mint, burn, and pause need to be tightly controlled to avoid arbitrary changes and ensure that the participation of all involved is conducted transparently and fairly.