Why? Cryptoadz are CC0 (like us). The Dutchtide giveaway created some good momentum from that community around Wizards, and we expect doing that with an established, building CC0 community could have a similar effect. Additionally, we can create a brand around that toad and wizards (in a way unofficially connecting the two), and use it for marketing materials, memes, etc.
How much? 3.2 ETH (max) Proposal will take ~5 days to settle, and floor is currently at 2.6 We want to make sure we have some flexibility in which toad we buy, as well as for any market movement, and this gives us some room.
Which toad? Currently some options are 4469 and 3585, but those are near the floor so options will likely change. Ideally we get one with a flat head so we can drop a wizard hat on it. We can pick a few options and do a quick community vote in discord if/when the proposal passes.