Summary - My proposal is to create 10 “Creatures of Cryptozoology” crypto animal themed NFTs, creatively telling the history of crypto over the years through these animals.These will be awarded to the ShapeShift DAO treasury for resale/auction as an income potential. A few of the animals I may include are: unicorn, bear whale, honey badger, alpaca, shibu, bear, bull…all the fun animals.
Abstract - This proposal will include 10 custom animal themed digital art pieces, each individually minted and transferred to the Shapeshift DAO. Each piece will be uniquely its own and share the history of cryptocurrency through these 10 animals. These pieces will be the DAO’s to auction off, sell or hold onto as they see fit for the greatest benefit of the DAO.
Motivation - After my first proposal, creating the 10 NFTs for the contributors of the ShapeShift DAO, I fell in love with ShapeShift’s robust DAO community and want to continue to create and help share the visual culture that is forming here. I see art as a connector in these communities helping memorialize what is happening in this space.
I also received many requests from the community to create more NFTs for the DAO and felt this next proposal could not only give back to the community but also continue to enhance the value of FOX and the ShapeShift DAO brand.
My hope is to add value outwardly to the DAO by getting involved in the NFT community, bringing new artists into this community and making space and excitement for other creatives to share their gifts.
If you would like to see the collection I created for my first proposal you can view that here: https://opensea.io/collection/shapeshiftdaonfts .
Specification - I will create and mint 10 NFTs that will be transferred to the ShapeShift DAO that will be delivered at the rate of 1-2 pieces per week at the cost of 2800 FOX per piece totaling 28,000 FOX. I will be in charge of delivering the NFTs to the correct address and help coordinate with the DAO treasury. I will put a 10% commission on secondary sales into the NFT contracts (via OpenSea) and I will give ½ of the proceeds back to the DAO when it sells and/or resells for the lifetime of the NFT.
Benefits - This is an opportunity for revenue creation, a unique marketing angle and excitement for the DAO. It is a way to help the DAO become involved in different communities therefore drawing in new members.
Art is a form of communication and by adding in some visual mediums into the DAO could help the DAO expand its reach.
Along with the initial sale of the NFTs there is an infinite possibility of further secondary sales, thus adding even more revenue back into the DAO.
Drawbacks - The NFTs may not sell as quickly as the DAO would like or at a lower price than wanted at first.
Vote- A “for” vote would mean funding 28,000 FOX in order to commission the creation and minting of 10 individual NFTS. Those NFTs would be transferred to the ShapeShift DAO treasury for sale/auction. It would also mean the DAO gains 5% of any future sales of these NFTs.
An “against” would mean no creation of NFTs for the ShapeShift DAO treasury.