After the successful launch of our Marketplace, we are now ready to scale its use beyond the TreasureDAO ecosystem to attract wider scale adoption, this includes both community and NFT/Developer acquisition strategies. In order to achieve this, the TreasureDAO Council are seeking approval to inflate the supply of Legions and Treasures proportionately (retain current distribution %) to be used in these acquisition drives.
Treasure has grown organically since creation and has now released a series of products that can be scaled for wider use. With migration and product testing for both the Genesis Mine and Marketplace behind us, we believe this is the ideal time to start our optimistic scaling goals, with multiple ideas ready for launch.
Successful implementation should see immediate growth in our community and increased traffic across the marketplace as well as the broader ecosystem. MAGIC from the Ecosystem Fund (which has already been approved by the DAO) may also be used for growth and used in collaboration with certain acquisition strategies we propose to implement (eg. Hackathon, grants).
We are immediately seeking approval to mint the below assets:
- 300 Common Legions (non-genesis)
- 1,000 Fractionalised Treasures
If approved, these mints would be proportionate to existing circulating supply of all assets, meaning inflation will be in direct proportion to the current scarcity of each asset and rarity as a % should remain the same.
Proposal (QUORUM REACHED)
Approve the mint of the requested assets so that we can release the first 2 acquisition drives with incentives utilised appropriately in line with each drive. The requested assets will be utilised for marketing initiatives for a period of 3 months on a common sense prevails basis.
The polling process begins now and will end at 05:00 UTC on 20/11/2021. Should quorum be reached, a Snapshot vote will be put up at 06:00 UTC on 20/11/2021.