As most of you know we assembled Collectible DAO last week. Collectible DAO is an investment DAO focused on media NFTs such as written, podcasts, videos and music.
While we started deploying some capital into music NFTs from TSYM-22 proposal we have a little over 1.5 ETH left and we think it is worth it to move this capital into Collectible DAO. On top of the returns we can make as TSYM being an investor into the DAO I will be pushing for part of the carry to be attributed to TSYM's treasury.
Collectible DAO has already attracted 2.5 eth of commits from outside investors and has a pipeline of additional capital coming in. As this is an incubation by the Symmetrical it makes sense for our treasury to have skin in the game.