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Dino Babies in SpaceDino Babies in Spaceby0x478d21A39757343d526aD56ecD82BC7e6bF2A876alabasterjefferson.eth

[Final] Buy an Alien Frens NFT

Voting ended about 4 years agoSucceeded
Proposed by hannyakoi.eth#0069 / Hannyakoi.eth

Buying an Alien Frens NFT

Instead of focusing the treasury investment on just one major NFT project like Bored Ape Yacht Club, the suggestion here is to purchase an up-and-coming NFT project like Alien Frens, which can potentially appreciate in value much faster than BYAC.

The following observations lead us to believe this is a good purchase:

  1. The floor price is rapidly increasing weekly at % much greater than the growth of major projects
  2. There is a V2 collection coming that involves gamification like Bored Ape and their Serum/Mutant Ape.
  3. Gary Vaynerchuk is an active supporter
  4. There is an upcoming partnership with Ozzy Bats NFT which allow interaction to create a third NFT
  5. There is a minor loss to be had on this investment as the project is unlikely to go to 0 but 0 is not very far from the floor price now (as of writing an OLU body is 4.4eth)
  6. OLU body has the most active rewards in discord and has the highest interactions with "alien invasions" where there are large whitelist and airdrop prizes.

There are two proposed options of Alien Frens worth considering in this proposal:

  1. OLU (red) Body NFT - Higher Floor price, more airdrop potential
  2. Lowest price (Floor price) NFT - Able to acquire more for the DAO

Requirements of the Dino Babies Council

Because the benefits of an OLU are raffle wins in discord, it is expected that a member of the Dino Council represents the DAO in Alien Frens.

Expected Cost

We expect to spend a maximum of 10eth on this investment with options to spend less.

What you are voting on

The following are multiple different combinations of Floor and OLU. As there are so many options, the Final vote will be on Ranked Choice Voting

  1. Yes / Buy 2 OLU
  2. Yes / Buy 1 OLU
  3. Yes / Buy 5Ξ of Floor Frens
  4. Yes / Buy 10 Ξ of Floor Frens
  5. Yes / Other combination (Discord final vote)

Note on ranked-choice voting

As a voter you pick your order of all the permutations of the vote. If there is not a clear majority immediately, then the votes for the least popular option transfer to their voter's #2 choice, and so on until a clear majority winner is decided.

You can learn more here https://en.wikipedia.org/wiki/Instant-runoff_voting

Off-Chain Vote

Yes / Buy 2 OLU
0 0%
Yes / Buy 1 OLU
1.36K 53.3%
Yes / Buy 5Ξ of Floor Frens
0 0%
Yes / Buy 10Ξ of Floor Frens
0 0%
Yes / New combo (Discord)
0 0%
No do not purchase
1.19K 46.7%
Download mobile app to vote

Timeline

Jan 20, 2022Proposal created
Jan 20, 2022Proposal vote started
Jan 22, 2022Proposal vote ended
Oct 26, 2023Proposal updated