Proposal On Squid 46

SUMMARY over the weekend my team and I (@momentum6) bidded on SquidDAO

Without realizing that the reward this time was 0.1 we ended up bidding 155 ETH.

The team feels that because this doesn’t belong to the team but to the DAO (which I highly respect) decisions such as this needs to go through the DAO. Hence this message

100% knowing that this is our fault not looking a refund in any means. And happy to add some clauses to ensure that I have vested long term interest in the project.

Proposed option for this is to Return the NFT (SQDN) and 0.1 Squid received from the sale Receive back the 155 ETH which I’ll DCA over the next few days to market buy into $SQUID $SQUID will be staked and vested in a separate address for 3 month

MOTIVATION I really do think the project has potential and would want to see the project succeed in the long term.

What i can do on my side is make sure to provide resources (Ex. PR) as we’ll need more high tier communication to increase exposure

An example would be something along the lines of this Content/PR • Work with the team to create some virality on the news • Detail and elaborate on the news • Get bigger content out into blockchain publications (over the 3 months period) ○ Cointelegraph ○ NewsBTC ○ BTC Manager ○ CryptoPotato ○ Blockonomi ○ Coinspeaker ○ AMBCrypto ○ Yahoo.Finance ○ MarketWatch ○ Business Insider

TRANSPARENCY

• Share the transaction of the refund for the Squid 46 SQDN and 0.1 Squid (Gotten from the Squid 46 Auction)
• Share the address where the 155 ETH will be sent to purchase and lock $squid for the next 3 month (starting at the time when 155 ETH comes into the wallet)