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The Mothership DAO (Gray Boys)

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The Mothership DAO (Gray Boys)

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closedEnded 4 years ago ยท Snapshot (Offchain)

Create Mothership DAO REALTY DIVISION

By 0x860C...f2612F

Purpose: to distinguish, and accentuate our virtual real state holdings within the DAO for organizational, marketing and promotional purposes. We propose to allocate 30% of the current DAO value strictly for virtual real estate purposes, with the potential to, after 5 years time, have a possibility to be spun out to a physical real estate holding division with each Gray Boy having an equal share. At current value, 30% is conservatively estimated at 60 ETH. Many virtual real estate purchases have already been made, totalling approximately 10 ETH, leaving well over 50 ETH left for additional real estate acquisitions, if this proposal is excepted.

The purchases:

  1. Immediately purchase 2 of the best available Floor Decentraland Lots, adjacent to each other, with a maximum cost of 8.0 ETH + gas fees.

2.Immediately purchase 1 Sandbox Lot, adjacent to one of our current holdings. Maximum cost will be 4.0 ETH.

3.Immediately purchase 6 NFTWorlds worlds, bringing our total to 11. This project is undervalued when compared to the valuations of both Sandbox and Decentraland, and presents a unique opportunity for the Dao to capitalize on the current cheap valuation of worlds. Maximinum cost will be 8.0 ETH +gas fees, with each world having a minimum of 4 Uncommon, 2 Rare, traits, or greater. Maximum price per world is 1.7 eth. The Dao will also benefit from significant $wrld tokens for the 2nd airdrop and yearly distributions.

(The term โ€˜Immediatelyโ€™ above means within 48 hours of approval of this proposal).

Upon completion of above purchases, the DAO will immediately engage with a social media marketing agency, to initiate a social media marketing campaign , marketing this DAO as โ€˜A REAL ESTATE POWERHOUSEโ€™, putting many eyes on us, and bringing in many new Gray Boys owners , people who cannot afford buying such lands on their own, with the purpose of raising the average purchase price of Gray Boys nftโ€™s significantly. Total cost for marketing will not exceed 0.3ETH. Above purchases are still miniscule when compared to total DAO value. Dao will still have greater than approximately 175 ETH available in total(estimate), untouched in the DAO. Thank you for reading. Lets make Mothership DAO a REAL ESTATE POWERHOUSE together!

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0
Votes 196
VoterCast PowerVote & Rationale
0xf20B...370022
201

YES

0x792F...B6d094
98

YES

0x69a9...81C7b9
59

YES

0x2a54...0eAA19
54

no

0x3161...851D0A
52

YES

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Proposal Status
  • Sun December 26 2021, 11:00 amVoting Period Starts
  • Wed December 29 2021, 11:00 amEnd Voting Period
Current Results

1-YES

1,091

82.46%

2-no

232

17.54%
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