When this project launched in December 2021, hopes for the metaverse were high. We were trailblazers, seeing a future of virtual gaming with monetizable assets. We owned metaverse land in all the premier projects of the time and the future looked promising. But here we are nearly 4 years later and the market for NFTs has gone from bad to worse. Many projects that we pinned our collective hopes and dreams on have become completely worthless. Even some of the most promising purchases have ended as painful rugs. Other projects are limping along, but for how much longer?
Is it time to cut our losses? Would you like to see a final Burn where all the assets get liquidated and distributed in a final Burn?
In the case of a liquidation, over the next few months, the team would list all assets at or around floor price or accept the highest offers on OpenSea or Blur. The total value redeemable with each LandSafe NFT would be published before the start of the Burn. The mechanics would be similar to a standard Burn, but we would keep the window open longer, starting November 1, 2025 and closing on December 1, 2025 (the traditional date of the Burn). When it’s over, it’s over.
Any assets that are unsellable could be raffled off through Discord or X giveaways before or during the Burn window.
Should we liquidate the assets in the Treasury and distribute them in a final Burn?