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Head DaoHead Daoby0x032cbB52dCBE38efE3c6eAFB44401c715bDe3401alexanderng.eth

A suggestion for the DAO to diversify to a new project: BoonjiProject

Voting ended over 4 years agoSucceeded

I have a suggestion for the DAO purchase. Why not diversify a portion of the DAO funds to purchase a new project that has great upside potential? That would eventually increase the value of our DAO vault and $HEAD when staking is live. I suggest BoonjiProject: https://www.boonjiproject.com/

  1. Great upside potential, currently total they have 10.8k supply but only 650 ish has listed on the Opensea (Diamond hands)
  2. The mint price is a dutch auction, the overall average mint price is around 0.5 ish and now the floor price is .6, so the downside risk is relatively small.
  3. They have a large community (130k ish) that would help HeadDAO in marketing exposure.
  4. They have really incredible art that is from a notable artist.
  5. They have an article written on Forbes that has great exposure. (https://www.forbes.com/sites/columbiabusinessschool/2021/10/22/nfts-the-next-wave/?sh=346119ee5a66)

Off-Chain Vote

Agree!
111 37%
No Thanks.
189 63%
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Timeline

Oct 23, 2021Proposal created
Oct 23, 2021Proposal vote started
Oct 25, 2021Proposal vote ended
Oct 26, 2023Proposal updated