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ReidarReidarby0xD3a74341aDAc943De6600468393Bb6Ca4431A7Fdmidcapital.eth

Approve up to 3ETH allocation to acquire 2 Keksbasilisk

Voting ended about 1 year agoFailed

Keksbasilisk is a February 2017 AI RarePepe card with a total supply of 144 and really diversified holder base, including all the top collectors in the space.

The card hits on many narratives going into 2025 (AI, early crypto art, Pepe) and has had even further redistribution of holders in this 1-1.5 ETH range over the past 3-4 months. I think the downside is limited at 30-40% in ETH terms but upside of 5-10ETH is possible. There were multiple sales in the 3-3.5 range last year.

There are two floor listings at 1.3 and Reidar should sweep them upon approval of this proposal. One would remain vaulted on the same timeline as our top assets; the other can be flipped in the 3-5 ETH range as the DAO sees fit at the time.

These listings will get scooped up eventually or fall to 1ETH plus WETH bids. Fox and I have personally contemplated adding them at these prices.

If we are only able to secure one of those listings, I can reach out in an early AI discord group for a second to remain below the total 3ETH allocation. If we cannot secure a second card below the total commitment of 3ETH within January 2025, the remaining ETH will be released back to treasury.

Off-Chain Vote

Yes
781 RDR100%
No
0 RDR0%
Quorum:94%
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Timeline

Jan 01, 2025Proposal created
Jan 01, 2025Proposal vote started
Jan 02, 2025Proposal vote ended
Oct 31, 2025Proposal updated