Proposal 060: Convert our 4.34 WETH to ETH + up to 2 ETH variance to purchase Moonbird with a rare grail feature.
Total Price: 12.5 - 14 ETH
When: Upon the passing of this proposal
Why: Purchase a Rare Moonbird with the Grail feature (Currently floor is 12.5 ETH) Kevin Rose and the team have been hinting in recent podcasts that the Grail feature could potentially be correlated with the Proof Grails collection 2. The total supply of the grail feature is 168 with a 0.19% Rarity. Prices are only 4.5 ETH above current floor and these could potentially be undervalued as the official announcement regarding the trait has not been made yet.
Bear Case: NFT Bear Market, We see a decrease in interest in the moonbird collection, the trait does not provide the utility which we are expecting.