Shiba Doll Chain to sell clothes? Shiba Doll has a new proposal
Let’s revisit first, what is a guiding motion? It is mainly used to test the community's response to the motion. If the motion is passed, there will be a follow-up motion to do practical work.
Shiba Doll Chain has a new proposal
Chi Doll Chain is very busy, a week is not enough to have new proposals. This time the motion is about cooperating with AWSM. What is AWSM? Let me give you a portal first. They introduced themselves as a platform for clothes, art and media, and then said that they valued privacy and so on. If you are interested, you can take a look.
For me, they are "sell NFT for clothes" (or "sell clothes for NFT" or "sell clothes together with NFT"). Simply put, buy their NFT and they'll come with a high-quality piece of clothing. Of course, I don’t dare to say whether the quality is high or not. It’s hard to say if I haven’t used it, but it must be expensive. After all, their company is in the United States, and the cost is completely different from our Southeast Asian region (although it may be a Vietnamese factory. That's it) .
They took the initiative to put forward a motion at Chi Doll Commonwealth earlier, saying that they wanted to cooperate with Chi Doll and ask for a little money to make NFTs and clothes for community members ( portal ). They want about 4.21 million HUAHUA to make clothes and NFTs. They will cooperate with designers in 10 different regions of the world to make NFTs and clothes with 100 individual regional characteristics. And they will also give back 10% of the fund (note: I can't find what kind of fund, it should be the money earned), and put it into the sHUAHUA pool in Sienna swap (Secret Network's Swap) to provide liquidity.
Let's talk about their advantages
They are very planned, including how the money will be used:
Here is a breakdown of the $10,000 calculation
10% : 100 shirts @ wholesale price of estimated value $10 per shirt (quality shirts) = $1,000
10%-20% : Manufacturing of 100 shirt w/ tags and packaging = $1,000 - 2,000
5% : Rush order fee = $500
10% - %50 : Shipping fees estimated based on the highest to lowest calculations for 100 shirts = $1,000(US Shipping max fee $10 per shirt) - $5,000(international $40-50 per shipment)
30% Team : $3,000
10% HUAHUA Liquidity: $1,000
Total $10,000 - $11,000 budget
Mint Price Cost $100-200
$100-200 per NFT x 100 = $10,000 - $20,000
Here is the $10,000- $20,000 Mint allocations breakdown
Mint’s NFT comes with a one-year pass to ALTER (an encrypted messaging app that uses Secret Network).
They are also happy to answer any questions from the community. They actively joined the Discord of Chihuahua and invited everyone to ask questions. As far as the group asking for money is concerned, their sincerity and blueprint can be said to be the most adequate.
some more considerations
Why do they mint NFT and make clothes to ask HUAHUA for money first? Their argument is that they are new projects and do not have enough funds to operate, so they must first take some money from HUAHUA and make sure that they can be shipped smoothly.
Personally, I think this is definitely a business cooperation. This kind of cooperation depends on how you view ASWM as a company. I don't know ASWM very well. Although they have made the first Secret work, I haven't seen it or heard of it. I think it would be a little risky to work with them.
They expect to mint only 100 NFTs and clothes. 100 is definitely too little. Another project, 101HUAHUA, is sold out instantly. If you use the community money to make NFTs to mint these 100 NFTs, it is like using community money to give 100 people a gift. So the DAO also proposes that they increase the total. They are considering raising it to 300, but 300 is too little.
Their products only ship to the US region! Absolutely deducted for this! Don't talk much.
Summarize
I really don't understand this business cooperation, is it worth it? I really can't see through. Personally, I don't think it's worth it. Because I tend to think that companies of this type, if they want to cooperate with HUAHUA, should pay HUAHUA instead of asking for money. But funding startups may be beneficial to HUAHAU in the long run? I have no idea
At the same time, I think the most important role of the validator is to maintain the operation and security of the chain. I don’t understand this kind of business cooperation. Therefore, at this stage, I prefer to abstain from voting, and comments are welcome. The voting period for the motion is from now until 11:00 p.m. on the 23rd. I'll be sharing my final vote with Matter on Twitter on the evening of the 22nd.
Some updates on the three-headed dog chain:
Osmosis Pool is live:
Osmo/Crbrus pool 662
The Resttake of SF RES Land has been changed to Restake once an hour, with more than 1Crbrus each time. There were some errors in the system settings yesterday, but they have been fixed. It should be working normally now, if you have any questions you can find me on Discord, Twitter, Liker Social or Telegram.
I am Chihuahua and Cerbrus validator SF RES Land , I hope to use Chihuahua to narrow the digital divide, welcome to support me
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