Proposal to form strategic collaboration with a top-rank crypto exchange to promote and list the DAO’s avatar NFT project

Further to the previous proposal on the updates of our 1st avatar NFT drop, we had sought cooperation and partnership opportunities with various notable NFT projects, DAOs, gaming studios and NFT research institutes. In particular, the Operation Council had in-depth discussions with a leading global crypto exchange (the “Exchange”). Both the DAO and the Exchange have the intention to form a strategic collaboration (the “Collaboration”) on listing of the DAO's NFT series.

The framework of the Collaboration is proposed as follows:

• Both parties will collaborate to list the DAO’s NFT projects on the marketplace of the Exchange.
• The Exchange will provide technical advice and facilitation of the listing, and the DAO will create and list the NFT projects as agreed.
• The term of the Collaboration will last for one year subject to further agreement.
• There will be some form of income sharing mechanism for the NFT offerings sold through the marketplace of the Exchange.

The operation council believe that this Collaboration is a key milestone for our NFT project and will lay a solid foundation for our go-to-market preparation. The DAO will also benefit from this collaboration with all the resources that this exchange partner can bring in.

Therefore, we propose that we move forward with the Collaboration and authorize the operation council to negotiate and execute the agreement and other related documents on behalf of the DAO.

Further details of the Collaboration will be released, subject to the extent permitted under the confidentiality requirements per the final agreement, to the community before the NFT listing in accordance with the agreement between the parties.