JayB and his team are doing amazing things at MCV. Some great connections have been made between Mars Cats and BOTB, in large part thanks to Nifty Island.
Like most OG collections that are still active, MCV has a wide variety of ways to get value out of participation. While this acquisition is, initially, about networking, IP use, and a longer hold investment, it opens the door for CW and thus holders to enjoy more granular perks, too.
PROPOSAL
Acquire 3 Mars Cat Voyage NFTs for up to .1 ETH total. (Given current floor and gas prices, actual cost should be significantly lower than max.)
Automatic and Optional Limit Sales Orders
Automatic: If price ($WETH offer) of a single asset rises to exceed total cost (3 assets + gas) of acquisition, 1 of the 3 NFTs will be sold to recoup CW’s initial investment. Which of the 3 are least valuable and thus sold will be determined by Council.
Optional: If price of the remaining 2 assets reaches 10x initial acquisition cost, Council has the option to sell 1 of them for CW to realize this ROI.
SUMMARY
We talk about how great collabs are for this space. Let’s back it up with strategic action.
Acquire 3 MCV NFTs for up to .1 ETH with fiscally-responsible riders built in to optimize this diversification.