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TheLandSafe TreasuryTheLandSafe Treasuryby0xC4aA83C8763dc887428bA457ac4b23588AbBcf050xC4aA…cf05

Buy Worldwide Webb Medium Apartment

Voting ended about 4 years agoSucceeded

Action Recommendation: BUY NFT Collection Name: Worldwide Webb Strike Price Range: 1.8 - 2.2 Justification: Worldwide Webb has a very unique community of hardcore users who have demonstrated high engagement with the platform. The gaming mechanics are sticky, and their vast integration with 3rd party NFT projects has created the beginnings of a unique cultural. It is a platform designed for gamers by gamers. The property they sell are in the form of "apartments", and they come in 4 different sizes: small, medium, large, and penthouse. The floor prices for each type are as follows:

Small: 1.41e Medium: 1.88e Large: 5.05e Penthouse: 52.69e

At the time of mint, the medium apartment was 2x the mint price of the small apartment. From a rarity standpoint, the small apartment has ~5000, where as the medium apartment has ~3000. As such, it is of this proposal underwriter's opinion that the medium apartments are undervalued at these levels, and we should consider buying 5-10 units of the medium apartments anywhere between a strike price of 1.8e - 2.2e.

Off-Chain Vote

Yes
478 97.8%
No
11 2.2%
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Timeline

Feb 20, 2022Proposal created
Feb 20, 2022Proposal vote started
Feb 22, 2022Proposal vote ended
Oct 26, 2023Proposal updated