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Muse DAOMuse DAOby0x212694d63a75124bbb898092d1F022f46FD0B6d30x2126…B6d3

No NFT20 token vesting

Voting ended about 5 years agoSucceeded

Right now, NFT20 tokens for the community are vested for 24 months. They will get released linear. This is not a sustainable economic model. There will be continuous tokens selling for 24 months. I think it is better to release all token at once without vesting. If people want to dump, they will do it in the first week. After that, a lot of the sell pressure is gone and the token price can go to new all time highs. A good example about releasing all tokens at once, is the MEME project. People also dumped there airdropped tokens right away, and after that the price went flying. Of course, token price should mean nothing. But unfortunately, if the price of the NFT20 token gets dumped continuously for 24 months it could be really bad for the project to get a huge network. Because in crypto right now, people still mostly only join and support a project if they think they could get rich.

Let's release the tokens without vesting ,so we can concentrate on the project itself!

Off-Chain Vote

No NFT20 token vesting
1.92M 30%
NFT20 token vesting for 24 month
4.48M 70%
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Timeline

Jan 19, 2021Proposal created
Jan 19, 2021Proposal vote started
Jan 22, 2021Proposal vote ended
Oct 26, 2023Proposal updated