MutantCats DAO

Here’s my full proposal that I would like everyone to consider.

Mutant Cats Roadmap and ETHOS = “buy 1 floor cool cat per week until there’s no more supply left”

We already have 2 rare cool cats. But the next step could be to buy 1 floor cat per day for 1 week to help set a precedence and build up our vault. OR we could just drop all 100 ETH on floors right now.

Then after this initial buying, move to purchasing just 1 cool cat per week until the end of time.

It’s super simple and similar to nouns DAO how they release 1 nouns NFT per day forever. “Buying floor cool cats every week, forever” is really hard to fuck up

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THIS GIVES US:

✅ A very clear value proposition and marketing message

✅A way to effectively dollar cost average into coolcats, consistently over time

✅Spreads out our funds so that devs don’t have to keep fronting more ETH while waiting for opensea payouts every 30 days

✅Makes it easier to succeed, especially long term. The least resistance we have to deciding on what to buy, and the more simple the message/what we’re all about is = the more chance of actually going through with the plan.

✅ It’s a positive feedback loop. Creates regular buy pressure on coolcats floor and thus increases the price of cool cats, mutant cats, and FISH

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The above is pretty proven strategy when it comes to FI/RE and buying index funds on a monthly basis. So surely we can make this work in NFTs as well.

We would want to save a % of funds as a “Reserve” for bear markets or times of low liquidity (eg: if on one month we don’t receive many royalties on opensea). This will allow us to continue purchasing our coolcats on schedule. And buy some cheaper ones at better entry prices a long the way.

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