Title: Buy a FVCK_CRYSTAL in the top 50% rarity for 1.5 eth (ideally top 1,042 otherwise top 2,084). Rank 1,024 is available now at 1.3 eth.
Spend: What is the most the DAO should spend on this proposal? 1.6 ETH If you are proposing the DAO should buy an NFT, keep in mind a proposal takes 5 days to settle and the market will likely see some movement in that timeframe.
Details/Justification: Why should the DAO spend ETH on this proposal?
Temporary price disruption: FVCK_CRYSTALs are temporary disrupted because a snapshot was taken MARCH 20 to reward holders with ESSENCE// (floor now 0.78, one free for prior holders, only for 0.20 available).
FVCKRENDER is one of the leading artists in generative NFTs and has sold millions. He has a 30 person team building LVCIDIA, a “virtual galaxy filled with sculptures expressing the fragility of our existence and beauty of our humanity.”
FVCK_CRYSTALs are the key to LVCIDIA.
FVCK_CRYSTAL prices started at 1.4 eth in November when launched, and for most of 2022 have been between 2-3 eth. We are near floor, holders are up, and listings going down.
Rarity matters and is underpriced. FVCKRENDER told me directly.
What are the details of the project/team that make this worthwhile (roadmap, upcoming hyped releases/partnerships, etc)?
ESSENCE// is currently being minted (and sold 0.77). Public sale MARCH 27 at 0.469 will be a catalyst. Reveal / redemption is APRIL 6.
Near term upside (WL opps, attention from community, upcoming hyped releases/partnerships, etc)
Near-term upside is 3 eth and medium-term is >7eth.
FVCKRENDER individual pieces sell at $150k or higher https://niftygateway.com/profile/fvckrender/collections
Long term upside (blue chip potential, roadmap, dev team and tech, etc)
If proposing something to buy and flip, include target price to flip
HODL
Is this a strong marketing opportunity?
VERY STRONG. Sartoshi got me to buy a crystal, @greatmando just listed this as one of his key projects.
Does this benefit DAO members? If so, how?
Access to LVCIA
Links: Provide any relevant links (website, twitter, discord, OS) so that interested parties can do further research.
https://twitter.com/fvckrender https://twitter.com/lvcidia https://thenftunicorn.com/todays-nft-drops/fvckrenders-fvck_-avatar-nfts-redemption/ https://time.com/collection-post/6098956/fvckrender/ https://www.youtube.com/channel/UCXe1fVyGUHUlH6zbZtntMkQ