Astar Labs Partnership

Please vote whether to "Accept" ✅ or to "Reject" ❌ the following proposal.

Proposal:

ASTAR LABS - Partnership

ASTAR LABS is a NFT collection of 5555 hand drawn ‘doodle art’ characters that provide passive income through revenue sharing between the NFT holders from the income generated through the NFT launchpad and additional NFT based products
.

Product offering:

1. NFT Launchpad : Astar Labs is a full service NFT launchpad that can help artists through their journey of minting their NFT collections and simplifying their NFT journey.

2. NFT Lending: Lending against well regarded Astar ecosystem NFTs is proposed with NFTs posted as collateral and funds borrowed against the holders NFT in $ASTR.

3. NFT Staking: Astar Labs will offer NFT staking for projects whereby third party projects can offer NFT staking through our staking mechanism on the projects dApp.

4. NFT Insurance: A longer term goal is to provide NFT insurance. This component of the project will be decided by the DAO and incubated within our community after our main initial milestones have been achieved.

50% of revenue generated from ASTAR LABS products will be distributed to NFT holders.

This partnership proposes that Astar Degens provide:

Marketing support and assistance with arranging the signing authority for the ASTAR LABS DAO wallet. This would involve AD core-team members to be part of the multi-signature for accessing and releasing ASTAR LABS DAO funds.

In return ASTAR DEGENS DAO will receive:

1. 100 ASTAR LABS NFTs
2. 2% of mint proceeds
3. 100 whitelists for the ASTAR DEGENS community

ASTAR LABS Website : https://astarlabs.io/

Twitter : https://twitter.com/AstarLabs_io Discord : https://discord.gg/9taYbwCUeJ

We believe ASTAR LABS has the potential to accelarate the growth of NFT ecosystem by making it easier for artists to launch NFTs on the ASTAR Network. We intend to work closely with ASTAR LABS to help accelerate the growth of the NFT ecosytem on ASTAR network.

Vote:

✅ = Yes, I accept this proposal ⛔ = No, I reject this proposal