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Spice DAOSpice DAOby0xB520F068a908A1782a543aAcC3847ADB77A04778remiliacollective.eth

Custody of the Book

Voting ended almost 4 years agoSucceeded

TL;DR (🏜️,🏜️)

The book is ready to be shipped from Paris, France to New Castle, Delaware. Below are the costs associated with gaining physical custody of the book.

Proposal

To gain physical custody of the book we must purchase insurance, shipping, customs and storage. The book will be professional crated and shipped via airfreight. The book will be stored at an art storage facility owned by a fine art services company founded in 1976 that specializes in storing, protecting and managing high-value assets. The book will live in a custom crate in a climate-controlled environment monitored daily by in-house engineers in a warehouse that complies with National Fire Protection Association standards under the security of CCTV.

Costs

Insurance* - Transit: $20,000 (one time cost) Insurance* - Storage: $2,000/month or $24,000/year Shipping: $2,700 (one time cost) Storage: $500/month or $6,000/year Customs: To be determined

  • Declared Value Liability (DVL) which is coverage that protects property against loss and damage up to its declared and agreed value of $4,000,000

Related Costs: Legal Fees: $15,400 (ongoing) Electronic Scanning and Document Management: To be determined Future Expenses For Public Exhibition Of Book: To be determined

These services require payment in U.S. dollars and an IRL entity to sign the contracts. The Core Team has been working for the past four weeks to set up two corporate entities and a bank account to process payments.

Approximate Costs Related To Storage For One Year (Not Including Customs Fees): $68,100 U.S. Dollar Budget Earmarked For Public Exhibition Of Book: $100,000

Request (🏜️,🏜️)

The Core Team requests authorization to move $168,100 to the bank account to cover current estimated costs, future customs charges, future electronic scanning and document management costs, future legal fees and future expenses that will arise over the next 11 months related to the public exhibition of the book. The exact costs and balance of the bank account will be included in the monthly DAO Treasury Report.

Off-Chain Vote

For
99.65M 85.9%
Against
16.29M 14.1%
Download mobile app to vote

Timeline

Feb 06, 2022Proposal created
Feb 06, 2022Proposal vote started
Feb 09, 2022Proposal vote ended
Feb 15, 2024Proposal updated