FrankenDAOby
drned.eth
Proposal for Memecoin - [redacted] - a 3DFP inspired project.
Overview
A few of us have decided to spin off ideas for the enjoyyyyment and benefit of FrankenPunk holders. One is an ordinals project called E9, one will be [redacted redacted redacted] which I think will make many loyal holders happy, and the third will be a community/meme token that I will be creating and launching, that just may go down in infamy.
With the absolute barren wasteland that is NFTs and their liquidity, we are all caught in a prisoner's dilemma. Do we truly hold these NFTs to zero or do we try to find a way to make some $$ out of them? NFTs were a lot more fun when liquidity was up and people were vibing, but the eyeballs and focus have shifted over to memecoins. In the tailwind of FrankenPunks, I (nelson) am going to try and launch a memecoin that can act as a tribute to this project.
I will call this token - ‘[redacted]’.
The purpose of the token will be to create a movement meant to hilariously troll ourselves, and at the same time, rid this community of people who clearly want to get out. I don't want to get into deep specifics, but it's going to involve a [redacted] and also steep [redacted] for NFT holders, some may love it others will hate it.
The purpose of every memecoin is to be a MEME. That needs to be understood. As more NFTs are [redacted], the supply of the token will increase. The meme being that, through the [redacted], our memecoin will rise, and hopefully, create a movement that's bigger than the NFT movement itself.
Only through rebirth can we get to where we want to go. Something in NFTs needs to change. I think we can be that change.
Goals
- Create a user experience worthy of a 9-figure market cap token. - Website - Burn mechanics, Token Sale - Graphics - Whitepaper etc. - Storyboard / Identity of Token - Ticker
- Ensure that there is no capability for rugs or liquidity pulls - Multiple audits / hiring white hats to try to hack on testnet - Thought leadership on reward mechanics
- Drive more liquidity and demand for FrankenPunk holders. - Free “presale” spots will be given out to FrankenPunk holders. - FrankenPunks will be used to receive a token boost
- Drive the Market Cap to at least $100m - Fill up an exclusive whitelist of 5000 wallets which will be able to purchase a presale allocation for $400/ea (give free spots to FrankenPunks)
- Become a viral meme in the crypto space that everyone can recognize. - Create content that inspires a movement
FrankenDAO Benefits
- The reward mechanism will be to use NFTs for a bonus in the token. This will be used like [redacted, redacted, redacted] - FrankenPunks used will receive a higher token rewards, relative to other NFT projects.
- FrankenPunk holders will receive free “pre-sale” spots valued at $400. (Not all of them, raffle will be used)
Timeline
- The timeline is extremely aggressive. Our goal is to have this project done in 60 days, 90 days at the worst. The timeline is at the discretion of me (nelson). The roll out will happen in phases. 3 phases. 1.) Initial Roll Out: Identity, Whitepaper, Coming Soon Website… etc. 2.) “Pre-Sale” Roll Out: Website updates, full graphics, tokenomics, whitepaper, and then full whitelist creation. Gamble your whitelist/risk your points. Point leaderboard. 3.) Token Launch and [redacted] Mechanic Launch: Full token launch with [redacted] mechanics, distribution of tokens to “pre-sale”, liquidity pool started/added. 4.) Ongoing maintenance and feature addition.
Execution plan
- Assemble a 9 person team. (mostly complete as of writing)
- Execution plan is at discretion of the founder Nelson Rohrbach, and is similar to Timeline: 1.) Finalize whitepaper/identity. Whitepaper will then be made public and changes will be made accordingly. Begin smart contract development/whitelist creation (~2 weeks) 2.) Website roll outs, Content roll outs, Whitelist roll outs, retail marketing push, begin opening telegram/discord. Continue aggressive tech development (~2 weeks) 3.) Close whitelist. Collect $400 from each person, along with free spots to FrankenPunk holders, KOLs, and giveaway winners. Announce launch date, and begin audits/checks on the reward mechanism. (~4 weeks) 4.) Final Launch. Open reward mechanism, [redacted]. All hands on deck. Huge marketing, content, branding pushed across the board. (~1 week) 5.) Feature fix, smart contract maintenance, and begin bonuses/collection incentives. Ongoing tech development (~2-3 weeks)
Budget and fund utilization
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Budget will mostly be going to paying the team and outside freelancers. The future, potential $2m raise of funds will almost ALL be going towards providing liquidity to the initial token liquidity pool.
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Budget is at the discretion of me.
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The team will consist of 9 members. 5 engineers, and 4 marketing/content.
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I am asking for 35 ETH, ~$88k to launch the token. Hoping ETH can help us and run a little bit so we have $100k.
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Token rewards, equity %’s, salary decisions, etc. will be at the discretion of me.
Communication & Contact
- I will offer once a month community wide calls to showcase how the project is progressing that will happen in Town Halls. I will also be available via Discord or Twitter. Feel free to message as you please.
- Messaging is best for me and I will do my best to get back to every single one. Reaching out to Mods to get ahold of me is fine too.
- FrankenPunks will always hold a special place in my new community. Increased rewards and a few free pre-sales spots as well.
What areas of the community does this touch?
General, FrankenPunks
Proposed transactions
Transaction #1 FrankenDAO sends 35 $ETH to 0xd35Ad2DF88850F8103D12Fe9978cD54c145Cf397
Off-Chain Vote
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- Author
drned.eth
- IPFS#bafkreib
- Voting Systemsingle-choice
- Start DateAug 15, 2024
- End DateAug 17, 2024
- Total Votes Cast8.92K VP
- Total Voters1
Timeline
- Aug 15, 2024Proposal created
- Aug 15, 2024Proposal vote started
- Aug 17, 2024Proposal vote ended
- Dec 27, 2024Proposal updated