Cult DAO x TokenSight

Hello Cult DAO Family,

We have been approached by another token community about doing a potential partnership where both parties stand to benefit. The name of the protocol is TokenSight, with $TKST being their token. To clarify, this isn’t a Cult proposal to invest in them, but a snapshot vote to see if the community would like to pursue a partnership.

Summary of TokenSight pulled from their Gitbook:

“TokenSight is a DEX Trading Platform. TokenSight allows you to automate a wide variety of DEX trading operations and receive real-time actionable alerts for on-chain activity. We provide a full-fledged trading platform which enables active and passive orders, simple and complex trading strategies, DEX and liquidity aggregation features, actionable alerts and much more. Everything enabled through web and mobile UIs with a seamless UX.”

More information below: Twitter: https://twitter.com/TokenSight_Io Website: https://tokensight.io/ Gitbook: https://tokensight.gitbook.io/docs/

Our connection to them is via Guto Martino who is a pre-appointed Cult DAO guardian. Guto works with them on the marketing side, so naturally wants to help them grow and sees our community as a powerful force that can help with exposure and benefit our community as well.

What TokenSight offers to Cult:

• Partnership exposure
• A referral link connected to our Cult treasury address or multi-sig (whichever is preferred). Normally, there is a 1% fee to use their protocol for trades. With the referral link, the fee goes from 1% to 0.9%. For our Cult referral link, Cult would get 25% of those fees (so roughly 0.225% of trades).
• 50% discount on the fees to trade $CULT, which can help lead to more volume of the token during these lower volume times

What Cult DAO offers in return to TokenSight:

• Partnership exposure
• We promote them within the Cult DAO community (using official accounts) on an ongoing basis, which helps them potentially gain more users

I’ve known Guto personally for a long time, since the early days of Cult DAO. Even met him in-person at Eth Barcelona and is a great guy. It’s important we are careful about who we willingly promote and partner with, which is why this isn’t a common thing. I personally believe it can lead to more exposure for CULT, and some extra trading volume and funds for us to continue our mission.

Looking forward to seeing how the community feels and if we should go through with it.

Full Disclosure - I don’t own any of the token. There may be others besides Guto that own it in the Cult community, but I’m not aware of any.

Mr. Cultmander