Should we approve Board's Marketing Proposal?
After the recent operation of selling some of our MAYC/APE, the board believes it has de-risked the DAO’s balance sheet and secured plenty of liquidity to build the project over the next months and years, including 1.48k ETH and 1.2m USDC.
The board also believes that our project is significantly undervalued and is proposing an autorization to earmark 100 ETH to buy MCs from the floor. This is not going to be done in one transaction, but at random times, in small batches and only at prices we believe are at a significant discount, in order to avoid front-running. The acquired MCs will be stored in the Gnosis vault and will be non-voting for snapshot purposes. In the medium-term, we intend to use those MCs as part of our marketing strategy, including but not limited to promotional giveaways, collab partnerships, influnecers, raffles and equity deals.
TDLR
- Authorize the board to use up to 100 ETH to buy Mutant Cats from floor at random times and only at low prices.
- Cats will be stored in the Gnosis Wallet and they will not have voting rights.
- Mid-Term they will be used for all kind of promos, collabs, giveaways, equity deals, etc etc etc.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x86E3...83152c | 293 | Approve |
 0xEF33...400003 | 211 | Approve |
 0x9292...D4a653 | 170 | Approve |
 0x8414...Cf8C7D | 80 | Approve |
 0x0F9b...C07b56 | 71 | Approve |
VOTE POWER
Proposal Status
- Thu May 05 2022, 06:08 pmVoting Period Starts
- Sat May 07 2022, 10:00 amEnd Voting Period
Current Results
1-Approve
1,288
2-Disapprove
2