Author

@GaryMulholland#7328

Description

xPunks DAO to buy an Otherside Otherdeed asset as a potential future home for xPunks in Yuga Labs' Otherside Metaverse.

Category: TREASURY

Status: NEW

Motivation

Yuga Labs launched The Otherside, and we have an opportunity to purchase the post-reveal dip before an announcement comes in to establish a home for xPunks in the Otherside Metaverse.

Key Terms / Background (optional)

For full information, please go to Otherside.xyz

Details

This is one of the biggest collections in NFT's today, with 100k NFTS and a Floor price ranging between 3-4 ETH. Let's build a home for xPunks.

Implementation

This vote is simply to acquire the land, and to allow X Punks to celebrate that they're going to the Otherside Metaverse. I believe this will help generate momentum for our xPunks community, for people wanting a low entry and to be able to join the Otherside Metaverse with an epic PFP and join the Amber Wave. Further action, such as in game mechanics, selling, or building, to be voted on by the DAO in upcoming proposals. This is simply a vote to acquire an asset, with potential to market the acquisition to an audience that may appreciate our innovative move.

Timeline

Move soon. Propose that purchase is made within a week of proposal's passing.

Cost

3-4 ETH Max. DAO to just buy one off the floor until more information is revealed.