OCM Royalty Proposal

We are proposing lowering the royalties for both the Genesis and Karma collections for the term of one year (365 days from the date of the proposal passing). Upon passing, the creator royalties will be immediately adjusted to 5% royalty fees (5% to Metagood and 0% to OCM DAO) for one year. Please note, our OCM Desserts royalty will remain the same. (2.5% going to Metagood and 2.5% going to the OCM DAO)

With the DAO currently funded with over 2,000 ETH (approximately 3.7 million dollars) – OCM DAO is well funded and positioned to sustain itself comfortably over the coming years.

We believe 5% royalty is more in-line with the current market conditions.

Full proposal: https://docs.google.com/document/d/1irouE3PSdDyOjOzObUKRfzCajttqyJSXKlrBzmTK4wQ/edit?usp=sharing