8/ Acquire a Floor FLUF

SUMMARY

Acquire a floor FLUF anticipating the upcoming burrows sale.

BACKGROUND

The MGH DAO is seriously committed to foster the development of the open metaverse. Therefore, we are constantly looking for new opportunities in different virtual worlds and across NFT projects to strengthen the position of our DAO within the space.

FLUFs are animated PFPs (picture for proof and profile pics) that can be used as an out-of-the-box avatar in three formats (MP4, GIF, and PNG formats, with 3D models coming soon) but also one of the first audio-visual PFPs where the role of music is integral to the characters, the worlds they inhabit and the long-term project roadmap. In short, FLUFs act as a ticket both in the physical and virtual world for different concerts, festivals and experiences.

MOTIVATION

Setting aside the advanced level of technology, content and milestones achieved by Non Fungible Labs (the company behind FLUF World) there is a strong community behind the project (around 60k members) and a huge level of acceptance in the NFT ecosystem (partnerships with BAYC, PartyBear).

One of the criticisms of virtual worlds like Decentraland and Somnium Space is that they are relatively empty in their early stages, reducing stickiness and churn. To address this, the team partnered up with Altered State Machine to super-charge FLUFs with intelligence so they can interact with other players on behalf of its owner autonomously.

Their high level of customization, great founding team, engaged community and auspicious roadmap are some of the reasons why we want to acquire a FLUF, raise awareness about MGH and increase the exposure of our DAO within their metaverse.

VOTING PERIOD

12 hours

SPECIFICATION

Owning a FLUF will entitle the MGH DAO to mint a burrow (a virtual Metaspace NFT) where the avatar will live. Depending on the burrow minted, the DAO will become between 1 and 9 LANDs.

Minting a burrow will cost 0.22 ETH so the total investment will sum up to ~4,5 ETH excluding gas fees.

To read more about the burrows and the upcoming sale go to the following link: https://burrows.fluf.world/

CONCLUSION

Acquiring a FLUF will allow the MGH DAO to position itself in this upcoming metaverse, enhancing our ecosystem of virtual LANDs and adding value to the treasury and to MGH as a brand in terms of advertisement and exposure.