Proposal 136: Bid 65 ETH to buy Fidenza #183 (Print Available)

Description:

A Fidenza is the last major piece we need to add to our collection. It has been my view that we should wait to deploy until we see considerable strength return to the market, which we are now seeing. FlamingoDAO’s buying sprees is a nice confirmation after independent rallies and smaller buying sprees from other entities across the market. Typically NFT prices in ETH terms rise on a delayed basis to rising prices in cryptocurrencies like BTC and ETH. Given the significant rises in said tokens over the last two weeks, it may be expected to see NFT prices sharply rise over the coming days or weeks.

The current floor is 68.88 ETH which could change very quickly - perhaps before the voting for this proposal closes. But I think we need to pull the trigger.

There has been conversation, particularly from BMD, that we should pick up a Fidenza with a print. I was previously indifferent to needing a Fidenza with a print available, but I think there stands a good chance that Fidenzas will only be seen as “complete” in the future if the buyer can also get the associated print. I think it only makes sense to get a Fidenza with a print. As a result submitting a collection bid would not satisfy our buying criteria as it runs the risk of acquiring a Fidenza without a print. Our options are to either buy a Fidenza with a print available off the floor or submit a bid on a particular Fidenza. I think we should attempt the latter. I think a bid of 65 ETH may be too low, but a good number to open the proposal at.

Link to Fidenza #183, currently listed at 75.4 ETH: https://opensea.io/assets/ethereum/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/78000183