Krause House

AUTHOR

dbag#3251

PROPOSAL

This proposal seeks to unlock 290k KRAUSE to fund a rewards program for Krause Court NFT minters

206k KRAUSE would be used to drop every Krause Court minter according to this scale below

	$KRAUSE
Court-Side	4000
Club-Level	300
Upper-Level	20

90k KRAUSE would be used towards a multiplier bonus. Here’s how you’d win that multiplier:

1. Enter 3 wallets, either yours or your friends
2. If those 3 wallets were used to purchase and Krause Court NFT you will earn the following multiplier of the scale above:

	Multiplier
Court-Side	0.75
Club-Level	0.5
Upper-Level	0.25

Ex. If you mint a courtside NFT and you refer 2 others that mints a club-level and a upper level you and your friends would receive a bonus drop of

Courtside Bonus (you): 4000(0.75) = additional 3000 = 7000 $KRAUSE total

Club-level (friend): 300(0.5) = additional 150 = 450 $KRAUSE total

Upper-level (friend): 20(0.25) = additional 5 = 25 $KRAUSE total

NOTE:

• The 90k bonus is contingent on upper limit of participation. Any unused or reserved $KRAUSE would just remain in the Krause House multi-sig & not dropped to minters.
• 296k KRAUSE makes up 5.92% of the Supply that will be part of the Krause Court Mint. Compared to the 15% that was airdropped from the Genesis mint

REASON

To bake in an incentive mechanism for our upcoming Krause Court NFT and also gamify our minting process to bring network effect into our growth strategy. This can also give a chance for those seeking $KRAUSE to have another chance to accrue more tokens. It also welcomes members to participate in governance.