MIP-18 Investment in Project Firebrand & Roadslide

The DAO Investment Committee proposes to make a $3M investment in “Project Firebrand” at a pre-money valuation of $80M with a 1.25% advisory token allocation and a $5M investment in “Project Roadslide” at a pre-money valuation of $40M with up to 2% advisory allocation (based on performance).

Project Firebrand: codename used to maintain confidentiality during fundraising - team is fully doxxed, a veteran 100+ person studio building a AAA Web3 shooter for PC and consoles. They have a successful track record in the PC/Console space, and their past games have generated tens of millions of dollars in revenue.

Project Roadslide: codename used to maintain confidentiality during closing of the fundraising - team is also fully doxxed and have a significant track record in their respective area. They had successful and profitable games for years and will bring fun, engaging sport mobile games to the web3 space.

Should the Merit Circle DAO invest $8M into Project Firebrand & Roadslide?