Purchase HAPE with DAO Funds?

This proposal is being rerun because we updated our voting strategy. As of now, voting will be possible only with staked StackedToadz/UnstackedToadz. Each staked Toad = 1 vote. –––––––––––––––––––––––––––––––––––––––––––––––––––––––––– Folks we have an amazing opportunity that’s been offered to us… One of the most hyped projects in the last few months is Hapebeast. It is a group of 3d generated apes that look great, they have a total discord member count of 239,000 as of this post.

You can find info on hapebeast @ www.hapebeast.com

To the point… If you hold a Genesis Hape found here https://opensea.io/collection/hapebeastgenesis it affords the holder to receive one airdropped Hapebeast and a whitelist spot for Hapebeast also.. (2 total Hapebeasts will be possible with 1 being free and 1 being a low priced mint thanks to WL spot). These Hapes are estimated to sell for 5-10eth off the bat on mint day each.

We have the opportunity to purchase a Genesis Hape for 32eth (floor is 42eth as of this writing) and secure us a WL spot for low cost mint and an airdrop Hape once the project drops sometime in December.

Math works as follows

32eth purchase price… Instant 10eth appreciation

2 Hapes est 5-10eth per (10-20eth) total potential profit

We stand to realize 20-30eth when we sell all 3.

Currently we have 55eth in our wallet + 18.5eth (approx of this writing in OHM equivalent) for a total of 73.5eth available to us in liquid assets.

This is a potentially risky play for the DAO but this is the type of plays that makes us a potential major player in the space… Hape owner + BAYC owner equals crazy marketing potential.