Sell 20 Skulls - Spring 2023

Proposal Champion: XOAO

Proposal Stakeholder: AlphaOptics

Overview: Sell 20 CryptoSkulls with unclaimed Demonic Blood on the secondary market to continue diversifying the DAO Crypt wallet with more liquid assets that we can then use to fund future proposals.

-20 Skulls will be sent to the Execution Wallet -Skulls will be swapped from ETH to USDC once all skulls are sold. -Once all 20 skulls are sold, USDC will be sent back to the Crypt Wallet. -AlphaOptics will own the execution wallet. -The skull council reserves the right to swap between ETH and USDC to protect the DAO's funds. Any swaps will be communicated.

Funding Transparency: The 20 skulls will be sent to a wallet managed by AlphaOptics This wallet will never be used for anything other than CryptoSkulls DAO. This wallet is meant to be an extension of the Crypt and all assets held in it are owned by CryptoSkulls DAO. It is neither practical nor secure to perform complex proposal executions through a multisig wallet such as the Crypt and for this reason an external wallet is needed. Proceeds from the sale of the CryptoSkulls will be sent back into the Crypt after all 20 are sold.

Additional Details: At the time of listing, the CryptoSkulls must be priced at or above the current floor price. They will never undercut the floor. No more than 4 will be listed at any given time.

Timeline: Velocity will vary based on the market. The Skulls will be priced aggressively but within the parameters mentioned above. Skulls will be promoted via social media amongst other avenues.

Team Experience: Xoao sits on the Skull Council and is currently a DAO Community Manager. AlphaOptics sits on the Skull Council and has an extensive background in project execution.

Funding Request: 20 floor CryptoSkulls with unclaimed Demonic Blood (UI 22)

Receiver: AlphaOptics managed proposal execution wallet: 0xC0D2D7cF1002ce927B4dae1454c0444f683085aA