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/
- Great upside potential, currently total they have 10.8k supply but only 650 ish has listed on the Opensea (Diamond hands)
- 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.
- They have a large community (130k ish) that would help HeadDAO in marketing exposure.
- They have really incredible art that is from a notable artist.
- 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)