YGGSPL Budgetary Proposal for Revenue from Rentals

TL;DR This snapshot is a budgetary proposal for the rental income generated by the YGGSPL Card assets that are currently being managed by the Rent Golem.

We propose:

20% of seasonal revenue go to marketing efforts like the public YGG SPL Weekend Challenge and private tourneys to reward YGG SPL members

50% go to reinvesting in cards/packs for additional rental income. This could include buying additional Untamed cards for optimal combinations to increase revenue on existing assets or buying newer Chaos Legion or Chaos Legion reward cards to ensure SubDAO assets stay current with available cards and compound returns for additional revenue. It could also be used for purchasing additional Chaos Legion Packs to ensure we maintain an even multiple for Legendary Summoner airdrops.

30% be reserved for additional opportunities such as promo cards or other assets as they become available.

Detailed explanation:

If the snapshot passes the Guild Leaders will appoint a 3 or 5 person panel (odd numbers preferred) to allocate funds for each of the "buckets" above.

We would propose that @LastDragon#9300 be on and set a timeline for the Marketing panel and @GenepoolChlrn8r#9197 be on and set a timeline for the Reinvesting panel. Other members will be voted on and approved by the Guild Leaders.

As the custodian, @knightav#7971 will be the executor of the panels' decisions, but we would propose to also give him Veto Authority over panel recommendations. This gives another set of eyes to confirm that the panels have taken big picture considerations into account and that the timing is right for the various investments.

Allocations/purchases for marketing (tourneys) and rental income will take place no more often than once a week (and more likely once a season).

A typical season breakdown may look like the following:

1,500,000 DEC in seasonal rental income (roughly 100,000 a day)

20% in Marketing Revenue (300,000 DEC a season). The panel will decide, but this could be broken down as 30,000 DEC a week for 2x weekend tournaments (60,000 DEC some of which may be used to buy packs) and 240,000 DEC for a major tournament run once a season for Alliance Members. Could be something like places:

1 - 3 = 40,000 DEC each (120,000 DEC) 4 - 7 = 20,000 DEC each (80,000 DEC) 8 - 11 = 10,000 DEC each (40,000 DEC)

The above examples are just examples to help explain the concept - the panel has full power to allocate these funds at their discretion and that of the Custodian. This may include paying DEC to compensate the members (Lorkus and Knight) who have been funding the Alliance tourney out of pocket to this point.

50% in compounding our investment for increased rentals (750,000 DEC). The Reinvestment panel will decide on which existing cards to combine for optimal rental potential and will spend the reinvestment DEC on either buying additional Untamed cards for optimal combinations or buying new cards with a focus on increasing our rental potential while being smart about buying cards that are the least likely to depreciate.

30% of the seasonal DEC (450,000 DEC) will be reserved for future opportunities to take advantage of promo cards or other limited time purchases as they arise. Future snapshots would be proposed to allocate these funds.

The Marketing/Tourney and Investment panels will be responsible for maintaining logs of their decisions to provide transparency to token holders for what actions were taken. In the case of the Investment panels, we intend to also measure seasonal DEC income so we can measure the results of the decisions we're making to increase our income.