Luck Bank Community Chest Proposal of Fund Allocation

This is my proposal for the current Lucky Bank community fund and how to allocate the funds to maximize potential returns through multiple avenues.

Snapshot doesn't allow formatting, you can view a much more eloquently formatted version here for easier reading:

https://pdfhost.io/v/Haf1bmLwY_Lucky_Bank_Community_Funds_Proposal.pdf

A total of 51.78ETH is in the Lucky Bank at the moment. This is the allocation strategy I propose:

I. Promotions, Giveaways, & Contests. (25 ETH Total) A. Acquire 3 Bored Ape Yacht Club Apes (or another project, we can vote on this) at Floor Pricing (10-25 ETH) 1. Utilize the BAYC Ape’s to run a marketing campaign and give the
Ape’s to three different winners. a) Rules of the campaign will look as follows: (1) The winner must own at least 1 Lucky Maneki NFTs before the
contest is over. (a) Simultaneously being informed that for every 3 Lucky Maneki
(3) NFTs they own that they would qualify for 1 3D airdrop. (4) They must like the post. (5) They must tag 3 friends in the comments. (6) They must retweet the post. (7) They must follow the LuckyManekiNFT Twitter. (8) They must join the Lucky Maneki official discord. 2. Simultaneously acquire the floor the priced Lucky Maneki NFT’s. (15 / 25 ETH) a) Raise the floor price concurrently with the BAYC Marketing Campaign. b) List the acquired Lucky Maneki NFTs at tiered pricing levels to drive floor pricing up. (1) Utilize the profits of the sales to acquire another Ape, and repeat the floor buying process with the original 15 ETH - any used LM’s for giveaways/challenges mentioned in II. A. 3. a. below.

II. Development, Innovation, & Tools. (15 ETH Total). A. In order from most needed to least: 1. Develop a rarity tool system. 2. Develop a better search & filter system (to include all traits hidden messages such). 3. Develop a web based challenge game. 4. Utilize 10% of the above mentioned floor acquisitions as giveaways for
challenge winners. 5. Develop a secondary marketplace.

III. Investments & Interest Earning Liquid Accounts & Other Options for Remaining 10 ETH. A. Option 1: Allocate remaining 10 ETH into a Nexo.io account (Earns 6% Interest). 1. Nexo.io is regulated platform. 2. They utilize BitGo as a custodian (Major companies utilize BitGo). 3. They are backed by a $100,000,000 Insurance. 4. A trusted third party holds the keys, I propose that Lucky Maneki 5. Holds the Keys. 6. This would allow the funds to remain liquid while earning interest. B. Option 2: Allocate the remaining 10 ETH to acquire rare Lucky Maneki’s 1. Give these rare Lucky Maneki’s top holders of other communities (a) Require top holders to post, tweet, and engage their followers. C. Option 3: Leave it in ETH to be decided on at a later point. D. Option 4: Utilize it in one of the mentioned allocation routes in this proposal. E. Option 5: Create another proposal to be voted on.

It is my personal opinion that this level of diversification ensures that we are accruing interest while at the same time driving innovation and engaging the public.

The question is, would you be okay allocating the Lucky Bank funds in this manner?