HIP-2: Significant Collection Fast-Tracking

Abstract - Vote proposal to grant The Hinata Foundation the ability to use discretion when adding new collections to the marketplace for trading. Currently new NFT collection smart contracts may only be added to the roster of supported collections by DAO vote. If passed, significant projects may be listed by decision of the Foundation alone.

Motivation - It is important that the Hinata marketplace list significant projects in a timely manner to onboard new communities who wish to trade NFTs on our platform. Although the DAO proposal mechanism through Snapshot.org is a powerful tool for member participation and decision-making, it severely limits the prospects of listing stealth projects and newly released work.

Specification - The Hinata marketplace contracts only recognize specific smart contract addresses added manually in our approval queue and these collections are automatically activated with an on-chain transaction on a weekly basis. Although the process is not currently fully decentralized, the Foundation and development team must refer to the DAO for additions to the marketplace.

If this proposal were to pass, the Foundation would be given the ability to add new contract addresses to the approval queue and officially list partner projects at will. There are numerous metrics to consider when making the decision to add new collections; content quality, community participation, and trading activity are among the most important which we take into account.

Benefits - Speed up listing process to catch projects immediately following mint, larger treasury collection + staker rewards from platform fees, better negotiation terms with upcoming projects

Drawbacks - Dis-incentivize DAO staking, less time for community input on curation, higher operational costs due to transaction fees