Options1: Buy 50 MetaPals at <6eth Options 2: Don't buy MetaPals
[I proposed this project during the pre-mint stage and it passed both rounds of voting but the team decided it would be better to wait until the collection launches on OS, so I now re-propose it]
I. What Is MetaPals: MetaPals is a project focused on building up land within the metaverse and creating interactive experiences which bring holders together therein. The founder of MetaPals, Nick Clifton (@thenickclifton) has been in the crypto space since 2011, he owns several BAYCs and is the largest landowner in the coveted fashion district in DCL holding more than 120 mostly-connected plots. See photos at the end of this proposal for samples of the work already completed on these plots.
The MetaPals Treasury also holds 4 connected Sandbox plots and recently acquired NFT World #6898. Currently, work is being done to build up a series of clubhouses on those plots access to which will be limited to MetaPals Metaverse Pass holders. Within those plots will be games and special promotions which provide value to holders who visit and participate. Work Is also under way (designers and developers already hired) on two subsequent collections MetaPals DCL Wearables (May 2022) and MetaPals Avatars (Q3 2022) which will be playable as an Avatar in DCL.
By purchasing 50 MetaPals Passes we will also be eligible to mint 50 MetaPals Wearables Collections and 50 MetaPals Avatars at an approximate holder mint price of .0015 (<$5) each plus gas. II. Why Board of Directors: MetaPals is a community-run project and decisions are voted upon by large MetaPals holders. The largest holders are given spots on the MetaPals Board of Directors. By joining the Board of Directors, we can have a impact on the future of the project including proposing leases of digital assets we own. This could allow us to make passive money through the land we already hold and otherwise would not be generating income.
Additionally, we will have information on which plots are being built on next, and we can leverage this knowledge to propose buys of specific nearby plots. As we know, the value of digital real estate is largely dependent upon the traffic through neighboring plots.
III. The Plan: If this proposal was to be acted upon today, we could acquire 50 MetaPals passes for <4 ETH however I have created this proposal to have a max total price of 6 eth + gas for two reasons.
(1) As we know the proposal process takes some time and the market is volatile so I left a buffer so the team can act swiftly if, and when, this proposal passes; (2) MetaPals passes come in 5 rarities (Sapphire, Emerald, Ruby, Diamond, VIP) each of which grants successively greater clubhouse access and higher rarity editions of the subsequent collections. The higher proposed price gives the team the ability to shop passes at multiple rarity levels at their discretion.
While many companies and individuals buy land in the metaverse, a shockingly small number of them focus on building up that land and making it a fun place to visit. MetaPals intends to change this and bring PARTICIPATION to these metaverses. By having a voice in MetaPals internal discussions we will be able to leverage our positions in digital real estate in several ways. At a time when buying blue chip assets is dangerous, we can enjoy the massive upside of future bull markets with little upfront cost. OS Link: https://opensea.io/collection/metapals-pass/ Discord: https://discord.gg/bdYKM4Vw