Early launch of our Treasury Fund DAO

We are calling the early launch of our Treasury Fund to buy the dip on select blue chip NFT projects in this market downturn. This is purely just to purchase and hold the assets until the legal documentation for our Fractionalisation process is ready. This may take around 3-4 weeks.

• The fund will start at 25ETH
• All BRAQFRND Holders will be able to suggest and vote on assets that the fund purchases. Suggested assets will be vetted by the team before being put up for voting.
• Once an asset is purchased, it will be held in the Treasury Wallet until the legal documents are ready. The fractional price will be pegged to the purchase price and not the market price at that point in time. (i.e. if we purchase a MAYC at 10eth, the cost per fraction will be 0.01eth regardless of market price at that point)

We have 1128 FRNDS, after deducting 110 in the community wallet. 745 approvals is required to pass this vote.