Last weeks, we had strategic discussions at the townhalls and within the councils about the strategy for the coming months. An important part of the strategy is to create income and to focus on the 3 new main pillars. Namely photography, gaming and fashion/luxury. At the moment we have 60 eth and 99k usdc (33 eth) in the vault in addition to the inventory of jenny tokens.
We would like to start with a budget of 50 eth for gaming and use the rest (43 eth) for a discretionary budget for photography and fashion/luxury as discussed before.
About the gaming budget. There are a couple of developments going on inside the play 2 earn world. Right now there are only two good games with solid foundations and good roi. Based on the knowledge of the progamer and director at the tuzaney guild Alexsander (bly) that is Pegaxy and Starshark. The second development concerns the approach of nfts itself. It takes a relatively long time to buy x number of gaming nfts to organize and manage them in wallets of guildmembers. Easier and more lucrative at the moment is to rent out the nfts directly. This is only possible with Starshark. At the moment the yield of Starshark is about 700% per year assuming stable SEA price. With this income we can start new activities. Based on the current budget and the knowledge we have gained about gaming, we would like to bring the three components to a combination vote.
1: Sell the remaining 99k usdc from the vault into eth. 2: Buy 50 eth starsharks for rental market. 3: Discretionary budget of 43 eth for photography and fashion/luxury.