# October 2022

By [dirtbaglu](https://paragraph.com/@0x8e74) · 2022-11-01

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In Case You Missed It…
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Here’s some bastardous tunes to read to, there’s also Berk’s entire [soundcloud](https://soundcloud.com/berk-aka-princesscamel/tracks).

[https://twitter.com/roussermcbouser/status/1575686291890458625?s=20&t=4Qf4y4mGg5usQwX\_m8mWUQ](https://twitter.com/roussermcbouser/status/1575686291890458625?s=20&t=4Qf4y4mGg5usQwX_m8mWUQ)

_\*PHEW\*_ October started with a bang. After the release of XULPTURES - Towers, Berk has been teasing “Glixity,” and he surprised us with another mint to burn our $GLIX. The same burn-to-mint mechanism will likely continue happening for all of Berk’s fun projects. And who know what kind of demand Glixity will bring. Or glix fashion.

[https://twitter.com/berkozdemir/status/1575862627779375104?s=20&t=4Qf4y4mGg5usQwX\_m8mWUQ](https://twitter.com/berkozdemir/status/1575862627779375104?s=20&t=4Qf4y4mGg5usQwX_m8mWUQ)

[https://artglixxx.io/xollections](https://artglixxx.io/xollections)

[https://twitter.com/artglixxx/status/1577519340714336257](https://twitter.com/artglixxx/status/1577519340714336257)

Less than two weeks after the release of SMASHSORTSLICELOVE Berk has delivered another surprise mint. Hyped AF BGAN owners can claim two pillars per hyper. There has already been some speculation about these towers increasing the value of hyper BGANs, and some collectors are holding off on minting. The pillar’s appearance is based on the BGAN used to mint them, so they are all uniquely different. Mint yours [here](https://artglixxx.io/dapp/bganpillars) and browse the whole collection [here](https://opensea.io/collection/bgan-pillars).

[https://twitter.com/berkozdemir/status/1582006487601192960?s=20&t=8Ad-UWlblnJjusVyAuMCVw](https://twitter.com/berkozdemir/status/1582006487601192960?s=20&t=8Ad-UWlblnJjusVyAuMCVw)

The BGAN Lawyer continues to produce great content. _DAO KNOW_ explores the legal liabilities of DAOs and labels them as a large General Partnership where all members are essentially equal in decision making and operations. It’s a somewhat technical piece, but worth the read.

[https://twitter.com/bganlawyer/status/1575897352585760768?s=20&t=4Qf4y4mGg5usQwX\_m8mWUQ](https://twitter.com/bganlawyer/status/1575897352585760768?s=20&t=4Qf4y4mGg5usQwX_m8mWUQ)

An invalid proposal was submitted asking about the DAO becoming an LLC in Wyoming, USA. The proposal is invalid because it only ran for three days, and the [Constitution](https://bgansv2.notion.site/bgansv2/BGAN-V2-DAO-CONSTITUTION-b3d561697275472ea7ab9b39239bb212) requires a minimum run time of seven days. But it did get the BGAN Lawyer’s attention. He said some of the biggest trade-offs comes down to “decentralization and anonymity vs. certainty and avenues for redress in some situations.” And makes the novel argument that BGANs are one of the only few DAOs _ready_ to be a network state and discusses what that might look like for the Bastard DAO.

As a way of defending against sybil attacks, what would voting look like in a network state vs the current DAO structure? Is a nation state still a DAO?

[https://bganlawyer.substack.com/p/dao-know?utm\_source=twitter&sd=pf](https://bganlawyer.substack.com/p/dao-know?utm_source=twitter&sd=pf)

[https://vitalik.ca/general/2022/07/13/networkstates.html](https://vitalik.ca/general/2022/07/13/networkstates.html)

OG BokkyPooBah has been working on this NFT trading dApp for a few weeks. It allows users to trade sideways between shared traits. Here a Purple Hair for another Purple Hair:

[https://twitter.com/BokkyPooBah/status/1576396403378561025](https://twitter.com/BokkyPooBah/status/1576396403378561025)

[AsphyxiatedHODL](https://twitter.com/AsphyxiatedHODL) bid bon voyage to Septembear and cleaned up the Purple Hair floor bringing it to 69ETH. And kicking off this months BGAN bull run. Followed shortly after by [BTC B4U’s monstrous 33 ETH Hoodie buys](https://twitter.com/bganpunks/status/1577826527965855744?s=20&t=7IT1t-ul2kqTD8LiqoD6zg). Below they impart some wisdom on their convictions. A point both share is an emphasis on community.

[https://twitter.com/Green\_\_\_\_onions/status/1576790056161148929](https://twitter.com/Green____onions/status/1576790056161148929)

[https://twitter.com/BTC\_B4U/status/1577846557042307072?s=20&t=XrH0IS\_FxWbjxn7uvcK5Ug](https://twitter.com/BTC_B4U/status/1577846557042307072?s=20&t=XrH0IS_FxWbjxn7uvcK5Ug)

In all the excitement around grail Hoodie buys there were also a lot of other grails trading hands. [0xjwpe](https://twitter.com/0xjwpe) decided to accentuate his CryptoPunk with Bastards in a clever way of Punk curation.

[https://twitter.com/0xjwpe/status/1577812541031448576?s=20&t=9190NqlW8kfV93VvcD7nlw](https://twitter.com/0xjwpe/status/1577812541031448576?s=20&t=9190NqlW8kfV93VvcD7nlw)

Moving into the second week of October, we’ve seen continued buying of high tier BGANs. And the effect this has on the floor is undeniable as speculators move in to ride this wave. Soon Bastard GAN Punks V2 will be featured on [NFTperp.xyz](https://nftperp.xyz/) and speculators will have a better platform to trade JPEGs, among the other added benefits for having perpetual futures available on an asset.

[https://twitter.com/0x8e74/status/1579886455190454274?s=20&t=FgQjlE\_yW6b8nC56EdO3Uw](https://twitter.com/0x8e74/status/1579886455190454274?s=20&t=FgQjlE_yW6b8nC56EdO3Uw)

NFTperp’s Trading Comp season 2 kicks off October 31 and runs until November 25. This paper trading competition features BAYC, MAYC, PUNKS, MILADY, MOONBIRDS, DOODLES, AZUKI, and BGAN Punks. Here is an official tweet with more details and how to sign up: [tweet](https://twitter.com/nftperp/status/1585745337930682368?s=46&t=CeJ2XR6ZQSS64oKk_W8DPw).

[https://medium.com/@nftperp/nftperp-paper-trading-competition-season-2-284bc23e79ed](https://medium.com/@nftperp/nftperp-paper-trading-competition-season-2-284bc23e79ed)

[https://dirtbaglu.medium.com/wtf-are-nft-perps-a78fb7bdfbe0](https://dirtbaglu.medium.com/wtf-are-nft-perps-a78fb7bdfbe0)

The BGAN community is full of great builders. Snar (formerly known as Snarflakes) is one of them. He’s built [this device](https://twitter.com/PunksGan/status/1585702188017364992) to help his friends buy ETH. BokkyPooBah has been at it again. This time building [an app](https://bokkypoobah.github.io/nftowners/) to cross reference NFT collections in the same wallet. And shout out to [Crypto Texan](https://twitter.com/Crypto_Texan) who has been apart of the 0xPolygon team for some months now.

![](https://storage.googleapis.com/papyrus_images/a4df1e955410b1b3ba7df439381ec12a11951fbf132aa4a188b31be6d93776eb.png)

Segwitnitwit teamed up with Berk to mint and distribute these [COUNTERFEIT HOODIES](https://opensea.io/collection/counterfeit-hoodies).

[https://twitter.com/segwitnitwit/status/1584952498116505606?s=20&t=Qw9QSuSGRV07qyej5SkBjw](https://twitter.com/segwitnitwit/status/1584952498116505606?s=20&t=Qw9QSuSGRV07qyej5SkBjw)

![](https://storage.googleapis.com/papyrus_images/0f3f952fbc87a45b22930a7d594b0e5b7df1f9f64d0f0ac458f8b8637504c326.png)

[https://twitter.com/berkozdemir/status/1586122365234192384?s=20&t=rksw0oID373Q-t0Q6kZ\_ig](https://twitter.com/berkozdemir/status/1586122365234192384?s=20&t=rksw0oID373Q-t0Q6kZ_ig)

PrinterPunk has made a lot of progress with the Worldwide Webb BGAN sprite.

![](https://storage.googleapis.com/papyrus_images/6c4cf9c6de7af0bfeb0dc00337a66989cbae1b407d2d7b4be866fca6078a9737.png)

![](https://storage.googleapis.com/papyrus_images/c519654a22eebd2467b3f8340565ab84d03c8c842c607a55dd606137c26fa476.gif)

Bastard of the Month:
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![](https://storage.googleapis.com/papyrus_images/6236568af557b4fc736a3942c18eb994f995b89c36be6f92a37a0bed4db40974.jpg)

Rooster has been in the space since 2017. He was originally drawn in during the mania of the ICO boom. But quickly lost the desire to participate during the bear market of 2018. “A hell of an introduction to market cycles,” he says.

> I’m not a trader, and there wasn’t much to keep me coming back during that time. This bear market, there are more reasons to stay. For me, BGANs and the BGAN community, getting to be a part of that…that’s different. Obviously I can’t predict the future, but this collection, project, community, feels like something special still in its early stages. Though we’ve been through a lot already. If you look at the history, there's some pretty amazing lore there. Things have come a long way.

In terms of lore, Rooster was one of the original nine multisig signers and played an important role in the formation of the DAO. He stepped up and added his name to the ballot even though he wasn’t very confident in securing the role. But fast-forwarding more than a year later, Rooster is one of the most prominent members of our community. The vibe he brings to the chat is uniquely his own. And if you’re lucky he may share some BGAN history, or funky lore.

> I wasn't convinced that I'd necessarily be good at the position, but I care a lot about the project and felt a kind of obligation to at least try. I didn't vote for myself, but got elected anyway. I ended up being right about not being very good at it, and it was kind of a shock, but not really, to be voted off as a signer. I was disappointed in myself and a little embarrassed. I decided then that I wanted to do better and show up more, try to make a positive impact in other ways. When I think about that, it feels surreal to go from being booted as a multisig signer, to being nominated and voted as BOTM.
> 
> I think individual efforts matter, and the collective effort matters. People still showing up, even just to “gm,” are showing that they care, and want to be part of whatever this is going to end up being. There is still great discussion that goes on in the discord, and a lot of appreciation I see for this deep art collection. Sometimes that means things can get pretty heated or intense, but it's never about the floor price. People just care a lot about bgans. I'm glad I'm here for it.

Rooster is pretty sure BGANs were the second NFT collection he bought after reading [_The Beautiful Bastards_](https://www.justinpaterno.com/the-beautiful-bastards/) by Justin Paterno.

> This was maybe a week and a half after the mint had started. I was intrigued, went to the official website Berk had made, immediately loved the vibe and aesthetic of that, and it was just down the BGAN rabbit hole from there. Yeah, let’s go with that. It’s probably true.

When asked about the future direction of the collection Rooster said:

> I'd like to see BGANs make it into real world art galleries. I think coming up with the content for high quality infographics that explain what BGANs are, how they were made, why they are significant etc. makes sense as an early step in that direction. I’m not sure what being exhibited in galleries would look like exactly. It seems like a big goal, but maybe it would be good to aim for something big like that. BGANs haven’t yet been about “utility,” which often enough seems to be more about the excitement for what might be than anything else. It does seem to have a positive impact on other projects’ community engagement and perceived value though. “Hey, we’re here, in this together and we’re excited about what might be coming.” Well, how about a real chance to be in galleries or museums? That seems pretty exciting. I do want to mention NFTPerp though as being something that might soon be adding some impactful utility to the collection, maybe in a big way. I’m excited to see how that goes.

Is there anything you’d like to share with the community or promote?

> Yeah, BGANs are high-end art for degenerates.

Proposal Update:
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*   [Make Berk Honorary BotM for January](https://snapshot.org/#/bgansv2.eth/proposal/0x8deefb4ac94586d7c38719de14f15fe51c67ebb574e228bac2e5f38667b7b9ab)
    
*   [APE HUMAN Definition Update](https://snapshot.org/#/bgansv2.eth/proposal/0xca15af90e64bd91cae4af84d48320d1ff90ba97bf4edef2134fc92d069928bf9)
    
*   [Fund NFTperp Trading Comp](https://snapshot.org/#/bgansv2.eth/proposal/0x43f1a4aa8e745519cb1b9744a62d7ee63cabdf627b29a1125d29a6e0ef25e699)
    
*   [For the DAO to Acquire HYPED AFs](https://snapshot.org/#/bgansv2.eth/proposal/0xafcef894a23852abde359cfa0eb6f1c7e647cdcf72f8a23e911e52a1b452016c)
    
*   [For the DAO to Stake Treasury BGANs on NFTX](https://snapshot.org/#/bgansv2.eth/proposal/0x0d3950a9a2516bf731c173a2df49a42c8f18fc552d63b8ab855b6e90b1af3992)
    

Treasury Report:
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[https://public.tableau.com/app/profile/thomas8104/viz/BGANTreasuryDashboard/BGANTreasuryDashboard](https://public.tableau.com/app/profile/thomas8104/viz/BGANTreasuryDashboard/BGANTreasuryDashboard)

### Holdings Updated October 18, 2022

*   Ether: 37.05Ξ + 7.58 WETH
    
*   Bastard GAN Punks V2 NFT: 98
    
*   NFTX Vault: 17.01 xBGAN/WETH
    
    *   Claimable $BGAN: 7.52
        
*   30,206,980 $BASTARD
    
*   SushiSwap LP: 10,954 BASTARD/WETH
    
*   $gFLOOR: 1,478.91
    

### Treasury Approved Spending:

*   1Ξ paid to Social Media Team (Masal and Printer Punk)\*\*\*
    
*   1Ξ paid to Multisig Signers ([full list of signer addresses](https://safestats.xyz/safe/0x15d0f64ffcf91c39810529f805cc3595dc3ef83f))\*\*\*
    
*   1 Bastard GAN Punks V2 NFT for BotM\*\*\*
    
    *   Paid to Rooster
        
*   0.25Ξ paid to DirtbagLu for Newsletter publication
    
    *   3 of 3 months per [this proposal](https://snapshot.org/#/bgansv2.eth/proposal/0x6c68e70fdfd23714d0fe33f6787ae2bafcdd6a31e854a7c8e5abe5c680c20e03)
        
*   1 Bastard GAN Punks V2 NFT for Honorary BotM paid to Berk
    

\*\*\* Occurs monthly

### Treasury Income Updated October 20, 2022:

*   2.883Ξ
    
*   16.25 USDC
    
    (DAO Treasury is +0.633Ξ, +16.25 USDC, +2.37 $BGAN for the month)

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*Originally published on [dirtbaglu](https://paragraph.com/@0x8e74/october-2022)*
