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Arts DAOArts DAOby0x60D307A8726B8184843B87b2b4A0F0B36a6a05a00x60D3…05a0

Grails II by Proof Collective - to sell or not to sell?

Voting ended over 3 years agoSucceeded

We have been airdropped Grails II by Proof Collective. https://opensea.io/collection/grails-ii-mint-pass/activity

The Floor Price currently is >3.69 Eth with 331 Eth volume. The Pass grants us a reveal of Season II of the Grails, which will be a draw from 25 different artists. Some of these works can sell for >10-80 Eth (looking at the Grails I that were issued previously), whilst others may be duds that sell for less than 4 Eth.

For reference, see Grails I here: https://opensea.io/collection/proof-collective-grails

We have until August 16 to decide, otherwise, the Grails II Pass will be burned. Should we sell or should we keep the pass and reveal the Grails II art?

The artists forming part of this drop are not all revealed, but may include major artists like Tyler Hobbs (Generative artist creating the Fidenzas) and other heavy weights like Grant (https://twitter.com/GrantYun2?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor) and perhaps Drift (https://twitter.com/DrifterShoots).

Of course this is all a lucky draw as well. Here is some of the math:

  • Mint pass was airdopped to 1,000 wallets holding a PROOF Collective NFT and up to 176 wallets holding a Grail Moonbird.
  • Artists will also be gifted their genesis mint (25) and one additional mint (25 × 2 = 50)
  • There are 2 honorary PROOF memberships
  • PROOF will also mint one of each (25) for their collection and gallery
  • theoretical maximum is therefore 1000 + 176 + 2 + 25 + 25 + 25 = 1,253 across all artworks.

Untitled design.jpg

WhatsApp Image 2022-08-10 at 10.16.45 PM.jpeg

WhatsApp Image 2022-08-10 at 10.24.27 PM.jpeg

Off-Chain Vote

Sell Grails II
71 Ethernal Gates26.4%
Keep Grails II / reveal the art!
198 Ethernal Gates73.6%
Quorum:538%
Download mobile app to vote

Timeline

Aug 10, 2022Proposal created
Aug 11, 2022Proposal vote started
Aug 13, 2022Proposal vote ended
Oct 26, 2023Proposal updated