Project Name: Los Muertos

Author Name: Gonku
Number of COLLAB tokens requested: 969,911
Recipient Address: 0xE4E02d601A8B12c61Ce5F1A3751668336b629e1c

Proposal for token distribution (under 1000 words):

Los Muertos has a staking mechanism called The Graveyard, which is directly available on our website (www.los-muertos.io). Users stake their NFT and receive 1 point every 10 days.

Around 56% of all NFTs are staked at time of writing. Discord roles are tiered based on the amount of NFTs staked in The Graveyard. Collab.Land can read the staking address and update roles appropriately. The tokens would be distributed evenly based on the amount of points each holder has within The Graveyard.

This would equate to 75% of the total amount, distributed over 3-6 months.

25% is going to be used to pay for the development of the platform.

We are looking to reward staked holders, incentivise more holders to stake (and use Collab.Land) and attract new members through the benefits of The Graveyard.

How will the tokens be distributed?

Mechanism for distribution:
Claim on website (we would develop)

Timeline:
6 month claim period

User group being targeted:
existing and new
current NFT holders and stakers and future NFT holders

How many users is this distribution projected to incentivize?
5500 holders + public via Twitter and word of mouth promotion

How will this distribution incentivize usage and adoption of Collab.Land?
All users will have to use Collab.Land to verify and claim

What is the benefit of this distribution?

To Collab.Land:
Increased usage and adoption

To your community:
A claim to reward loyalty and incentivise activity within Discord

Will your project provide any co-incentives?
Potentially, to be decided.

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