PURPOSE: Participate in the "Trial of Jimmy the Monkey" activation by Yuga. The end game hints at mechs and speculation is high that this will be a required asset in Yugas first Otherside experience
RESOURCES: Up to 8 ETH of our remaining 18 ETH for this quarter
DETAILS: Dookey Dash has closed with scores locking on Feb 15th. At this point my speculation is that the prices for floor passes will drop since the mint rarity was based on your score.
Purchase Breakdown: 2 ETH > : 1 Pass 1.5 ETH > : 1 Pass 1.25 ETH > : 2 Passes 1 ETH > : 2 Passes
We can set wETH offers at each price point for the specified amount and quantity. If the price doesn't reach the price breaks we have set then we simply forgoe the allocation for that price point. This would be a MAX of 8 ETH but potentially much less or even 0 if offers are not accepted.
NOTE: The proposal offers will remain valid for 60 days
IMPACT: This will be the largest deployment of our reserves so far if we max out the proposal. It leaves only 10 ETH through the end of March for any other activations in the Yuga or 10ktf ecosystem.
JUSTIFICATION: This aligns with our mission statement of being "Masters of the Otherside" and the first item on our list of Core Values:
1. PARTICIPATION - Always lean in on maximum participation in the Otherside ecosystem regardless of monetary incentives. Web3 has always rewarded early adopters for their participation levels, and the Otherside should be no different.
We should have some participation considering Yugas focus on this activation for the next year. This will also allow us to setup a warm wallet that we can allocate gaming privelages to our members to participate in the skill based mints going forward.