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OrdinallDAOOrdinallDAOby0xf1FCeD5B0475a935b49B95786aDBDA2d40794D2dmicropen.eth

OrdX's investment proposal

Voting ended about 3 years agoSucceeded

Investing $20,000 from the DAO treasury in OrdX's Ordinal-oriented inscription marketplace.

Longer explanation: Invest $20,000 from the DAO fund in the Ordx inscriptions marketplace (beta.ordx.io). They will soon be completely permissionless, thanks to the recently popular PSBT method. The technology is already in place, and the majority of the work is to provide a good UI/UX to the end user. Obviously, funds are required to make this happen.

Interesting tweet : https://twitter.com/OrdxMarket/status/1625949626460213254

Team description : Atty is the person in charge of the marketplace. He recently released a collection that sold out in two days. He is working with a small team of developers and is confident in the success of OrdX. We scheduled a Discord call with him today, and he is also sharing our thoughts and ambitions for the Ordinals ecosystem.

Next steps: We haven't decided how the DAO will be rewarded, but Atty is open to any suggestions for rewarding the DAO for its investment. What came to mind first was something like owning x% of the market and thus the fees it will generate for a set period of time.

Off-Chain Vote

Okay, let's go!
40.29K ALL78.5%
Nope
11.01K ALL21.5%
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Timeline

Feb 22, 2023Proposal created
Feb 22, 2023Proposal vote started
Feb 23, 2023Proposal vote ended
Feb 27, 2025Proposal updated