Forum post: https://forum.floor.xyz/t/fip-5-collections-framework-project/97

Summary

A team led by @ipfs90210 would work on a project to deliver a Collections Framework, a Research Report template, and a WIZARD Report, with a budget of 500 FLOOR and a timeline of 2 weeks.

Motivation

In the initial phase for Floor, we want to accumulate PUNK and PUNKWETH to establish a strong “blue chip” base for the treasury. It is important however to continue adding more NFT collections to both activate a wider community as well as diversify Floor’s holdings.

The eventual goal is to enable permission-less, on-chain governance via veFLOOR or a similar structure. In the meantime, more active governance and research is required to ensure proper suitability of any new NFT collection approved for direct sweeps or bond sweeps.

A Collections Framework, and in conjunction Research Reports, would provide a systematic and more objective way to evaluate collection suitability, while removing individual bag bias.

Proposal

@ipfs90210 has agreed to lead and organize a team of DAO contributors in delivering the following, with a budget of 500 FLOOR (paid from DAO holdings) and allocations handled via Coordinape. The project timeline would target 2 weeks from approval of Snapshot.

1. Collections Framework — formal guidelines for proposing new NFT collections to approve for addition to the Treasury
2. Research Report — template for quantitative and qualitative evaluation of a collection, with an ultimate recommendation for approval or not yet into the Treasury
3. WIZARD Report — a report, following the Research Report template from 2., that evaluates post hoc suitability of Forgotten Runes Wizard’s Cult (top result from FIP#3)

Prior to this, @ipfs90210 created the FUD system 1 to assess the qualitative attributes for collections, which was used as part of the basis for candidates in FIP#3

Voting

For: Approve 500 FLOOR budget for the project Against: Amend the proposal