Buzzed Bear Hideout

Status: Proposal Author(s): CryptoChicca

Created: 17 October 2021

Discussions-to: Refer to Buzzed Bear Hideout: https://gov.buzzedbearhideout.com/t/name-your-bear/533

Implementation: Circa November/December 2021, if BIP supported.

Buzzed Summary Give your bear a name, not just a number, which will display on OpenSea.

Abstract
This proposal enables you to give your bear a name. The name would appear on OpenSea. A naming ceremony will be held across dates to be set in November or December 2021 (approximately a week period to give bears a chance to action). All bears can be named for free during that period. Future naming can occur, but bear holders must pay gas to rename their bear.

Should this be approved, the naming ceremony should be promoted on twitter and in discord, to enable people to buy bears before the naming ceremony and encourage new holders.

Motivation Some of you may wish to name your bear, and create more of a personal experience. Creating a bond / attachment with your bear through not just a picture, but a name, will make it harder for people to let go of their bear, because it becomes part of their personality. This is also unique and something we can do for minimal cost to give benefit to bears, coz we are unique and like to do things different to the main pack. It also has the appearance that some bears may be more rare than others when they have a name and other bears do not. It will encourage buying before the naming ceremony and holding bears. It may encourage new bear holders.

Specification Overview
Defijesus can make this happen. Cost will be minimal for a naming ceremony where all bears have the option to rename at once and this can be reimbursed from the honeypot. Future requests can be onerous and costly on a one off basis, and therefore, bear holders will need to pay gas. This approach is supported by votes in the hideout governance forum (see https above).

Rationale
The reasons for this proposal are:

1. Promoting the Buzzed Bear Hideout brand
2. Providing extraneous benefits to Buzzed Bear holders
3. More growth means more revenue for Buzzed Bears If you don’t want to name your bear, you can just leave it with a number. This would be a choice. So those that wish to proceed can, and those that don’t want to, don’t have to.

Technical Specification
Defijesus can make this happen, if bear holders decide to approve this proposal.

Test Cases GoonsNFT have released this naming concept with good feedback. Street Dawgs have a naming concept open-ended. Pixelglyphs had a naming ceremony with once off naming. All cases were well received and people view Pixelglyph named NFTs as having greater rarity. This rewards holders.

Copyright
Copyright and related rights waived via CC0.