# MetaObjects DAO Proposal #2

**Published by:** [Royal Eggs By MetaObjects](https://paragraph.com/@royaleggs/)
**Published on:** 2022-10-10
**URL:** https://paragraph.com/@royaleggs/metaobjects-dao-proposal-2

## Content

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. 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 Royal Egg holder-only DAO discussions: discord.com/channels/912625143069700126/969308300623630386 Royal Eggs on OpenSea: opensea.io/collection/royaleggs-ioThe 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.ethPolygon/MaticPrice at time of writing: $.83 Total Cost: ~.3e CMC: https://coinmarketcap.com/currencies/polygon/ MATIC is currently ranked 11 based on Market Cap and is the #1 Layer 2 blockchain for Ethereum.ApeCoinPrice at time of writing: $5.18 Total Cost: ~.4e CMC: 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 OnesDoxxed: Yes FP at time of writing: ~.63e Supply: 8,888 Website: https://imaginaryones.com/ Twitter: https://twitter.com/Imaginary_Ones OpenSea: https://opensea.io/collection/io-imaginary-onesPartnership with global fashion brand HUGOAlien FrensDoxxed: Partially FP at time of writing: ~.42e Supply: 10,000 Website: https://www.alienfrens.io/ Twitter: https://twitter.com/alienfrens OpenSea: https://opensea.io/collection/alienfrensnftDegen ToonzDoxxed: Partially FP at time of writing: ~.5e Supply: 8,888 Website: https://degentoonz.io/ Twitter: https://twitter.com/DegenToonz OpenSea: https://opensea.io/collection/degentoonz-collectionProbably Nothing GenesisFP at time of writing: ~.058e Total Cost: ~.2e Doxxed: Partially Supply: 7,676 Website: https://probablynothing.io/ Twitter: https://twitter.com/probablynothing OpenSea: https://opensea.io/collection/probably-nothingPartnership with Warner RecordsRoyal EggsTotal 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.ethhttps://discord.gg/metaobjects Royal Eggs on OpenSea: opensea.io/collection/royaleggs-io DAO Fundingdiscord.com/channels/912625143069700126/985821045703462982MetaObjects 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 Disclosureshttps://discord.com/channels/912625143069700126/985821677608906772All 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 Intentionshttps://discord.com/channels/912625143069700126/985822316502061076The 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.Rankinghttps://discord.com/channels/912625143069700126/985823085028597802The 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 Instructionshttps://discord.com/channels/912625143069700126/985824333186351124Selecting 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.

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