Fix Rareships Supply & Treasury + Launch Metadata Reveal & Trading

INTRODUCTION

The quorum for this vote: 30% (308 SHIPs) The passing score for this vote: 50%+1 YES

See the "Outcomes" section for more details.

ISSUE

Due to the public sale incident affecting the Treasury allocation (ships #851 - #1000) and the total supply limit (1,026 current vs 1,000 planned), we are now missing a Treasury.

RATIO

We firmly believe no one’s minted tokens should in any way be revoked/touched/claimed (let alone it's not a feasible one-way decision)

We also believe a Treasury is necessary and valuable to the team for several reasons, including an additional bootstrap of RCF (Rareships Community Fund), funding eventual gaming activities, leveraging it for partnerships and more.

PROPOSAL

We propose to:

• mint an additional 85 NFTs, for a total supply of 1,111.
• establish the newly minted NFT’s as the new project’s treasury (speaking of NFT Treasury specifically)

It means we mitigate the occurred incident by having as an outcome:

• a partially reduced treasury (85 instead of 150 planned)
• a slightly inflated total supply (111 more than 1,000 initially planned)

As a countermeasure to the inflated supply, we already prepared for scenario A) (see below) with some cool add on the artwork side. A new Faction (Rug Cabal) is introduced, and it's the second-rarest one. With different Factions come different colours too.

OUTCOMES

A) proposal approved (quorum > 30% and YES > 50%)

We execute the proposed changes (impacting artwork/metadata and some minor adjustments on what we are working on regarding some upcoming sections of the website)

B) proposal rejected (quorum > 30% and NO > 50%)

We leave things unchanged and launch as is

C) quorum not reached (<30%)

We need further community-wide discussions before having a new vote

CONCLUSION

In case of A) or B), we are confident enough to launch the reveal and trading on Saturday, May 06th.

COROLLARY

This won’t have any impact on metadata for existing Ships.

• NO metadata changes to already existing Ships (#1-#1026)
• ALL Neons and Fullsets remain circulating in the currently existing supply.
• NO neon and FullSet for the treasury, all given to the community as is after the “rug”.

We only:

• add 85 new ships to the supply
• airdrop them to the Treasury

Furthermore, as we are choosing "metadata immutability" but also we have some added value on these 111 new Ships (new Faction, second in rarity), we’ll offer everyone a chance to swap one of their ships for one of these 111, in order to have the Artwork adds (mainly the new Faction as a trait) circulating among community holders.

The only undesired collateral effect of keeping metadata unchanged is that holders of Ships from #1001 to #1026 get Ships from the new Faction.

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VOTE YES to confirm the aforementioned changes and launch Reveal + Trading on May, 06th.

VOTE NO to launch anyway on May, 06th without any change to the Supply (meaning there will be NO Ships in Treasury.