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Community Wallet Funding

Voting ended almost 4 years agoSucceeded

We have all seen how exciting the community wallet has been these past few days. The CM wallet is a phenomenal asset to bring communities together while also being a strategic vessel for marketing and income. The wallet was originally funded by the EctoSkeleton mint, but has recently just been Tyeler dipping into his own pocket to buy things to add to it. That won't last forever.

The proposal is to allocate a small portion (1%) of either ECTO buyback tax or Marketplace marketing tax and fund the CM wallet with it. (Specifics to be worked out with team in the event of the proposal passing)

Aside from the fact that the CM wallet is just a fun thing to have, has also proven to be a very useful marketing tool, with limitless potential in the future.

Potential uses for CM wallet funds:

Sweeping the Ghost/Skelly floor and either relisting for a profit or renting for passive income. Buying other NFT projects to get their members interested in LG. Buying digital property or land in other metaverses to give LG a multi-metaverse online presence. Hosting giveaways to attract new members. Making big baller moves like buying a Punk or an APE just to say we could. Renting out nightclubs/ venues for exclusive LG parties.

The options are unlimited, and the bigger LG gets, the more this CM wallet can be used to do bigger and better things. We can be the biggest NFT whale wallet in the whole crypto space. What do you think?

Off-Chain Vote

Yay
1.46K VP92.6%
Nay
116.54 VP7.4%
Download mobile app to vote

Timeline

May 02, 2022Proposal created
May 02, 2022Proposal vote started
May 05, 2022Proposal vote ended
Oct 26, 2023Proposal updated