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OOPAssociationOOPAssociationby0xaCCbe4A95776c87b7Ec8249bAc85E4b524Be0C0b0xaCCb…0C0b

Applying for Mona Lisa Initiative

Voting ended almost 3 years agoSucceeded

Should the OOPAssociation apply for the Mona Lisa Initiative with the following answers?

Who are your favorite artists/projects?This question is required.

Let's get the obvious out of the way - Since we are the OOPAssociation, our favorite is without a doubt OOPA. It has quality art, an established team and a vision for building and supporting the community.

As will be described later in the application, OOPAssociation will be looking at projects that we either judge to have the potential for a huge increase in price in the medium/long-term, or projects that provide passive income in some way. Projects that currently provide passive income in some way:

  • Ferdy Fish (FerdyFlip Royalties)
  • Chikn
  • OOPA (In a way - Staking gives credits, which gives access to future traits, which can be sold)

There are also potential passive income providers that will be explored.

As for projects that have the potential for medium/long-term success, the DAO will be determining that through discussion and voting.

Why do you want to participate in the Mona Lisa Initiative?This question is required.

OOPA has been, by far, the collection with the highest volume since its launch. SubDAOs were immediately formed, with some of the most prominent ones being:

  • Halo DAO
  • Mob DAO
  • Herringbone DAO
  • Crown DAO
  • Baked DAO
  • Rich Bitch DAO
  • Punk DAO

The OOPAssociation was created to support current SubDAOs, future SubDAOs, as well as dedicated individuals in the community.

The OOPA organization has decided to seed The OOPAssociation with $12,000 and 30 Golden Tokens in an effort to kickstart its effectiveness. These funds will be to help SubDAOs, which usually start with little in terms of treasury. The OOPAssociation treasury will be to:

  • Fund community events
  • Fund community building (tools, art, videos,...)
  • Reward community leaders
  • Help SubDAOs build the infrastructure they need

In short, we want to bootstrap the community until they can manage to become more self-sufficient. These funds from OOPA, however, won’t last forever, and the Mona Lisa Initiative would be a great opportunity for the OOPA community to get more long-term backing. All profit made from this initiative would be put back into the treasury to keep supporting DAOs and community leaders.

Please write a short 2-5 sentences describing your collection thesis (what type of art do you like to collect, medium, etc?)This question is required.

The OOPAssociation’s objective is to fund community initiatives. Because of this, our objective is to find ways to generate funds for the community. Since the DAO has been seeded with about $15,000 in funds by OOPA, we are not in immediate need of funds. We are not looking for quick flips. This gives us the latitude to look at two types of investments:

  1. Art and/or projects that we perceive as having potential for medium to long-term success. We have an opportunity to be patient because of our initial seed, and we should use it.
  2. Projects that provide passive income in some way. For example, Chikn provides passive income in a few ways. There are other projects (current or upcoming) which have the same potential.

Additional Information: Is there anything else you would like the selection committee to know?

Unlike many other applying DAOs, we went through the proper steps of voting for each step of this process. We voted discussed and voted through guidelines, and this application was also voted on by the DAO.

Off-Chain Vote

For
53 OOPA100%
Against
0 OOPA0%
Abstain
0 OOPA0%
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Timeline

Apr 25, 2023Proposal created
Apr 25, 2023Proposal vote started
Apr 27, 2023Proposal vote ended
Oct 26, 2023Proposal updated