Hi Hidden Fish DAO VIP Holders! We continue to have exploratory conversation with both current blue chip projects and new projects as we seek to make an impact on the cronos chain, find win/win opportunities for our holders and other communities, and create broader awareness of HiFi and our mission overall.
We have been in discussions with the Mad Meerkats on different ways we might be able to collaborate now and on the future. We were extended the invitation to apply for the season season of under one roof. For those of you less familiar, if we pursued this route and were selected, the Hidden Fish DAO VIP NFTs would be able to be staked on MMT (mad meerkat treehouses) to earn an extra boost on the amount or MAD earned each day by a treehouse.
This would provide an additional current utility to our NFT while providing us greater awareness and exposure to the large MMB community. The team did discuss that the Hidden Fish FM would ideally be a nice fit but projects need to be fully minted out to eligible.
In terms of cost to participate in the program if selected - each project pays $15K fee to join and provides a three month roadmap and has check ins with the team. MMB refunds 5K a month as long as the project continues to follow through.
Within the first class of under one roof, all teams received a full refund. The GC sees the risk of not being refunded the $15K fee as minimal, but the possibility does exist. Therefore, we wanted to reach out to all holders to determine should we continue to pursue / apply for under one roof collaboration with MMB or should we pass.