Top 100 Community Proposal: 3D FrankenPunks

Project Name: 3D FrankenPunks 

Author Name: Punksville.eth
Number of COLLAB tokens requested: 1,534,018
Recipient Address:   0x6079dCdfB2afF3Ec70ED233BAa2a5ce665E59b3b 

How will the tokens be distributed?

We will put up a proposal to distribute tokens in the following scheme:

60% of the allocation for community rewards pending DAO vote 

For those holders who have been using Collab.Land over the 14 months since our mint and to incentivize them to use the Collab.Land marketplace. This includes developers who wish to build Frankenpunk tooling bots and list them in the Collab.Land marketplace. 

40% held in DAO treasury to be distributed in the following manner: 
20% to be held in lockup for Collab.Land DAO governance (12 month lockup) 
10% to Franken DAO contributors over the next 3-6 months 

10% for engaging with or developing within the Collab.Land marketplace by creating FrankenPunk branded apps or suggesting integrations within the FrankenPunk Discord. We will find developers who can build custom FrankenPunk branded bots and list them on the Collab.Land marketplace.

Mechanism for distribution:

Our mechanism for distributing tokens will be submitted by FrankenDAO contributors through an on-chain proposal on https://app.3dfrankenpunks.com/. 

Once passed, the token allocations will be transferred to our DAO guild multisig wallets based on the distribution outlined above. Each multisig wallet will have a threshold and spending limit determined by the distribution goals laid out.

Timeline:

We will hold the token claim airdrop in our on-chain treasury which can only be accessed through an on-chain proposal through our DAO governance system. Our governance system requires an initial discussion period, snapshot heat check and then on-chain quorum. This process typically takes 10 days to reach quorum and we will look to distribute the 60% as a community reward for holders who have utilized Collab.Land over the last 14 months. This initial distribution will also make our holders aware of the new Collab.Land marketplace as we will make an announcement and create content highlighting the distribution and Collab.Land marketplace.

40% of the tokens will be held in our on-chain treasury to be locked up for active Collab.Land DAO governance as well as provide incentives for those community members who utilize and build tools within the collab.land marketplace. 

User group being targeted:

FrankenPunk Holders and FrankenDAO contributors. We have a total of 4,741 holders as well as an active community of DAO contributors. Also, we will look to find developers who can build custom branded bots for FrankenPunks discord and list them on the Collab.Land marketplace.

Our definition of DAO contributor is very simple, Its any community member who holds a FrankenPunk or FrankenMonster NFT that has chosen to stake their NFT in our DAO to earn DAO voting power in exchange for a bound "Staked FP". This Voting Power means they are an active participant in DAO governance so they have direct decision making rights over project direction and development. In short, they are community members who have staked their NFT in order to take an active role in community and project development through proposing, voting and governing over project direction. This is a core group who are most aligned with our broader collectors and have an incentive to act on the best interest of the community.

These contributors are also aligned with Collab.Land as they are most likely to be active participants in governance and would most likely be willing to put up proposals to add collab.land marketplace features and develop mini apps.

What is the benefit of this distribution?

To Collab.Land:

Collab.Land will benefit from our large community as we utilize the app marketplace as well as actively participate in Collab.Land governance. We will also produce content that highlights the benefits of the Collab.Land marketplace as well as integrate a number of marketplace apps into our discord and DAO applications. This content will be distributed through our youtube livestreams, twitter spaces and active discord events. Once we are accepted, we can also run a week-long promotion highlighting our airdrop and the Collab.Land marketplace apps.

To 3DFP community:

The benefits to our community will include incentives for community members to develop and utilize the Collab.Land marketplace as well as additional rewards for those that promote the FrankenPunk & FrankenDAO through Collab.Land. We will be able to develop FrankenPunk branded tooling that will increase our DAO and NFT project brand awareness and would drive more engagement with our community.

Will your project provide any co-incentives?

We will provide giveaways of our FrankenPunk NFTs along with other incentives for contributors that utilize the Collab.Land token as well as the Collab.Land marketplace to develop mini apps. This would encourage active development of mini apps.

Where will tokens be held once distributed by Collab.Land DAO?

The tokens will be claimed by our deployer address and transferred directly to the Franken DAO on Chain treasury

Subscribe to Collab.Land
Receive the latest updates directly to your inbox.
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.