Proposal for The Transition of Leadership to Category Five and an Elected Board of Advisors

The Nyolings community is currently in the process of being given control of the project. As the transition to community control takes place, it is critical that a leadership structure be established to ensure administrative tasks and development of the project be completed in a timely fashion. Without an established and coordinated leadership structure, the Nyolings project faces a risk of not being able to further its development.

To address the need for a formal Nyolings leadership structure, it is proposed that Category5 take over leadership of the Nyoling project as the Chief Executive Officer. Category5, who is one of the most respected members of the Nyolings community, would be working along with and under the direction of the Nyolings Board of Directors.

The Board of Directors would be composed of 5-6 holders that would oversee the restructure and identification of what the most pressing needs are for utilizing its inherited budget. Furthermore, the Board of Directors would eventually oversee the drafting and voting of community proposals via snapshot vote. The Board of Directors would serve a term of 6 months, with a maximum 2 term limit. Voting on new members of the board would occur every 6 months. It is strongly encouraged that applicants to the Board of Directors are comfortable speaking on twitter spaces and public voice chat, as we will be meeting and building with total transparency. The Board of Directors should aim to meet in a public forum at least once a week. The application process for the board of directors will begin immediately and a vote will occur in 1 week. Elected Wallet Signers will be able to run for the Board of Directors, but they will not be allowed to take any payment or paid position.

The following will be the short-term and long-term goals of the Nyolings Board of Directors to establish the direction of Nyolings:

1.Build the project transparently 2.Actively listen and communicate with the Nyolings community and stakeholders 3.Develop hiring and budget strategies in order to strike a balance between what holders want versus what can be achieved realistically 4.Raise awareness of Nyolings adventure with the public 5.Establish our Web 3 brand as the best and cleanest 3D PFP/IP with unique staking mechanism and an amazing community 6.Develop the lore behind Nyolings 7.Bridge the gap to Web 2 8.Develop Nyolings into a profitable venture

It is further proposed that a 1-month freeze be instituted on spending and allow royalties to accrue for the 1-month period. For that first month, all positions, including Category5 and the Board of Directors, would be on a volunteer basis. After the first month, a reasonable salary for Category5 and individuals in agreed-upon positions would be established, with the salary being based heavily on a percentage of royalties to incentivize performance.

Should this proposal be accepted by the Nyolings community, the following positions would also be established as needed:

Raid Leader Collab Manager Moderators (Chinese Lead Mod, Spanish Lead Mod) Web Developer Discord Admins

In conclusion, this proposal seeks to ensure that the Nyolings project has a dedicated leadership structure and staff to continue the project’s development.