# MetaObjects DAO Proposal #2 By [Royal Eggs By MetaObjects](https://paragraph.com/@royaleggs) · 2022-10-10 --- ### MetaObjects DAO Committee proposes a number of NFT projects and tokens to its voters in which to deploy ETH as investments to increase the DAO treasury. The MetaObjects DAO Committee insists that all voters DYOR, in terms of both utilizing the provided information and links below as well as any additional research as one sees fit prior to making these votes. MetaObjects DAO was created and funded by the MetaObjects team and currently has a ~5.5 ETH balance. A minimum of 10% of all MetaObjects minting proceeds are allocated to the DAO. The current definitive amounts per project include; Royal Eggs (10%), Fash (10%) & Spray (50%), and more to come. In the case that MetaObjects does not collect some or all of the mint proceeds, DAO allocations would be reduced proportionately. All info regarding the proposed projects can be found within Discord under the Discord channel: [https://discord.com/channels/912625143069700126/970099563761397770](https://discord.com/channels/912625143069700126/970099563761397770). The MetaObjects DAO Committee has agreed that not more than 1/2 of the current supply be deployed (~2.5 ETH). * * * MetaObjects DAO snapshot: [snapshot.org/#/metaobjects.eth](http://snapshot.org/#/metaobjects.eth) Royal Egg holder-only DAO discussions: [discord.com/channels/912625143069700126/969308300623630386](http://discord.com/channels/912625143069700126/969308300623630386) Royal Eggs on OpenSea: [opensea.io/collection/royaleggs-io](http://opensea.io/collection/royaleggs-io) * * * _The MetaObjects DAO is for the benefit of Royal Egg holders, and for the purposes of voting, holders of 1 Royal Egg are entitled to 1 vote._ _Selecting a project below shall be deemed a "_**_yes_**_" vote for that project and indicates that you approve of the proposed project. In this vote, abstaining from a particular project will be counted as a "_**_no_**_" vote._ _For illustrative purposes, if 500 Royal Eggs participate in this vote, each project will need at least 251 "yes" votes in order to pass._ * * * VOTE → ------ [https://snapshot.org/#/metaobjects.eth](https://snapshot.org/#/metaobjects.eth) * * * ### Polygon/Matic **Price at time of writing:** $.83 **Total Cost:** ~.3e **CMC:** [https://coinmarketcap.com/currencies/polygon/](https://coinmarketcap.com/currencies/polygon/) MATIC is currently ranked 11 based on Market Cap and is the #1 Layer 2 blockchain for Ethereum. * * * ### ApeCoin **Price at time of writing:** $5.18 **Total Cost:** ~.4e **CMC:** [https://coinmarketcap.com/currencies/apecoin-ape/](https://coinmarketcap.com/currencies/apecoin-ape/) APE is currently ranked 35 based on Market Cap. ApeCoin is the governance and utility token of the Yuga Labs (BAYC) ecosystem. Staking for $APE is estimated to go live on October 31st. * * * ### IO: Imaginary Ones **Doxxed:** Yes **FP at time of writing:** ~.63e **Supply:** 8,888 **Website:** [https://imaginaryones.com/](https://imaginaryones.com/) **Twitter:** [https://twitter.com/Imaginary\_Ones](https://twitter.com/Imaginary_Ones) **OpenSea:** [https://opensea.io/collection/io-imaginary-ones](https://opensea.io/collection/io-imaginary-ones) * Partnership with global fashion brand HUGO * * * ### Alien Frens **Doxxed:** Partially **FP at time of writing:** ~.42e **Supply:** 10,000 **Website:** [https://www.alienfrens.io/](https://www.alienfrens.io/) **Twitter:** [https://twitter.com/alienfrens](https://twitter.com/alienfrens) **OpenSea:** [https://opensea.io/collection/alienfrensnft](https://opensea.io/collection/alienfrensnft) * * * ### Degen Toonz **Doxxed:** Partially **FP at time of writing:** ~.5e **Supply:** 8,888 **Website:** [https://degentoonz.io/](https://degentoonz.io/) **Twitter:** [https://twitter.com/DegenToonz](https://twitter.com/DegenToonz) **OpenSea:** [https://opensea.io/collection/degentoonz-collection](https://opensea.io/collection/degentoonz-collection) * * * ### Probably Nothing Genesis **FP at time of writing:** ~.058e **Total Cost:** ~.2e **Doxxed:** Partially **Supply:** 7,676 **Website:** [https://probablynothing.io/](https://probablynothing.io/) **Twitter:** [https://twitter.com/probablynothing](https://twitter.com/probablynothing) **OpenSea:** [https://opensea.io/collection/probably-nothing](https://opensea.io/collection/probably-nothing) * Partnership with Warner Records * * * ### Royal Eggs **Total Cost:** ~.1e The MO DAO proposes acquiring 5 Royal Eggs for their incredible potential, artwork, and representation of our shared ownership and governance. * * * VOTE → ------ [https://snapshot.org/#/metaobjects.eth](https://snapshot.org/#/metaobjects.eth) * * * [https://discord.gg/metaobjects](https://discord.gg/metaobjects) Royal Eggs on OpenSea: [opensea.io/collection/royaleggs-io](http://opensea.io/collection/royaleggs-io) **DAO Funding** * [discord.com/channels/912625143069700126/985821045703462982](http://discord.com/channels/912625143069700126/985821045703462982) * MetaObjects DAO was created and funded by the MetaObjects team and currently has a ~5.5 ETH balance. A minimum of 10% of all MetaObjects minting proceeds are allocated to the DAO. The current definitive amounts per project include; Royal Eggs (10%), Fash (10%) & Spray (50%), _and more to come_. * In the case that MetaObjects does not collect some or all of the mint proceeds, DAO allocations would be reduced proportionately. **DAO Disclosures** * [https://discord.com/channels/912625143069700126/985821677608906772](https://discord.com/channels/912625143069700126/985821677608906772) * All DAO executions will be made on a best-efforts basis. * All purchases will be attempted to be made when gas is as low as possible. * Purchases will target the best value per rarity within approximately 20% of the existing floor price at the time of execution. **Committee Intentions** * [https://discord.com/channels/912625143069700126/985822316502061076](https://discord.com/channels/912625143069700126/985822316502061076) * The MetaObjects DAO Committee shall endeavor to find investments that will benefit the DAO through monetary rewards, whitelist spots for notable projects, and other benefits regarding assets for collaborations & community giveaways. **Ranking** * [https://discord.com/channels/912625143069700126/985823085028597802](https://discord.com/channels/912625143069700126/985823085028597802) * The vote results shall be ranked by the popularity of selected projects' votes, in order to deal with the case where there are more projects with 'yes' votes, than the above allocation of ~2.5 ETH would allow. * For illustrative purposes, if 500 Royal Eggs participate in this vote, each project will need at least 251 "yes" votes in order to pass. **Voting Instructions** * [https://discord.com/channels/912625143069700126/985824333186351124](https://discord.com/channels/912625143069700126/985824333186351124) * Selecting a project shall be deemed a "**yes**" vote for that project and indicates that you approve of the proposed project. In this vote, abstaining from a particular project will be counted as a "**no**" vote. --- *Originally published on [Royal Eggs By MetaObjects](https://paragraph.com/@royaleggs/metaobjects-dao-proposal-2)*