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Degen Yeti Ski ClubDegen Yeti Ski Clubby0x72F1C8601C30C6f42CA8b0E85D1b2F87626A0debitsfly.eth

Purchase 1 mass from Pak's Merge collection

Voting ended about 4 years agoSucceeded

Pak is one of the top blue-chip designer/artists in the space. The merge collection with an open sale on NFT marketplace NiftyGateway from Dec 2 - 4 sold 250k+ mass to over 28k collectors. For a total of USD 91.8m - now considered to be the highest original price to be paid at an auction for the work of a living artist. https://niftygateway.com/collections/pakmerge https://opensea.io/collection/m

Only one mass can ever exist in a wallet, with the larger mass consuming the smaller (think agar.io) and will only become more scarce over time.

Merge will be burnable for $ASH token meaning that we will never need to struggle to find a buyer to liquidate. As well there will be periodic claims on mass.black for merge holders, all of which will also be burnable to $ASH token. (easily swapped + returned as stables to treasury). Pak's fungible collection 'cubes' sold in April on Sotheby's over 3 days starting at $500. A one cube floor is now $25000 on Opensea. Seeing that Degen Yetis are an art project, I think it would be cool to invest in one of the top art pieces. I think it's a good piece with high $$$ upside and may also give our DAO exposure to a fresh group of users. The floor for 1 mass is currently .2 ETH ($650USD) plus gas. An allocation of 10 AVAX will be enough to complete the purchase, and leave some gas remaining for our first mass.black claim. (~2% of treasury)

Off-Chain Vote

Yes Merge
946.04K 87.4%
No Merge
136.76K 12.6%
Download mobile app to vote

Timeline

Jan 08, 2022Proposal created
Jan 08, 2022Proposal vote started
Jan 11, 2022Proposal vote ended
Oct 26, 2023Proposal updated