The DAO needs some liquidity to pay for devs and services, and we have 3,236 Genesis Passes. Instead of market selling, which can harm some ongoing negotiations between OG pass holders and Upstreet, we sell 200 OTC to M3 for 2 ETH, which will boost M3 as a neutral party, whom is helping us with funding, and give us much needed liquidity to allow for deals to cook a bit longer.
M3 is not planning to market dump them either, they will be held in a multisig together with title deeds and other metaverse related NFTs.