Dear Arkadians,
We are presenting a proposal that will determine the supply of the Arkadians after the mint. As you may know, there have been discussions about whether or not to double the supply from 1000 to 2000. We understand that there are pros and cons to each of the proposals, but the DAO will ultimately choose the future outcome of the project through a democratic vote.
Our proposal aims to be as impartial as possible, presenting only the facts to allow you to make an informed decision. Firstly, the current 1000 Arkadians are considered the Founder Arkadians and they will have the most utility in the park. The future collections will not take away from the revenue sharing that these Arkadians offer.
At the current supply of 1000, the Arkadians offer a 0.1% revenue distribution per Arkadian. If we were to double the supply to 2000, the revenue distribution per Arkadian would decrease to 0.05%. We understand the importance of revenue generation for our community members and business model, so we want to ensure you have all the information needed to make an informed decision.
It's important to note that the floor price of the Arkadians will drop considerably if we decide to double the NFTs. However, it would create a more liquid collection that could benefit the market in the long run.
From an art perspective, the art was created for 1000 piece collection, making all of the Arkadians look unique. Doubling the supply could potentially disrupt the artistic integrity of the collection.
If we decide to double the supply, the holders ratio will be around 16%, as opposed to the current 33%. We want to make sure that our members are aware of this change and how it may affect the value of their holdings and perception of new investors.
Finally, revenue sharing is expected to start as early as April. It's important to note that later mints will have an equal or higher price to that of the Founder Arkadians.
We hope that this proposal provides you with the necessary information to make an informed decision. Please take the time to consider the facts before casting your vote. We propose to continue the conversation in our discord so make sure to verify and contribute to taking the best decision. Thank you for your time and commitment to our project's success.