[Notes compiled by envy##9950]

Updates

NFT Projects

Trooprs/Devotio

• waiting for Passage to finalize contracts, will be ready for next week
  • creation of multisig: waiting for them to send an address, then asking dimi to create multisig wallet
• secondary market royalties all go to Ren regardless of whether it was from public sale or airdrop (all the same set) - only revenue for NETA DAO and Passage is the initial sale

Others

• haven’t started conversation with Passage re: metaverse stuff - don’t want to overhype something and begin working on it before we’re ready
• @Tardigrades_NFT followed Ren’s Troopr progression and they’re interested in working with NETA for something similar (ex, 2500 NFTs - most sold, some drop to active members)

Outreach

• Jake on Core-1 close to DAODAO team
• working on DAO testing this coming week, then around April 14, set up the DAO and officially send funds
• Galactic Punks - connected but member is busy, will reach out to us - if we don’t receive word, GlowGator will contact and start conversation
  • validator - drafting server architecture and assessing requirements
    • if able to compare notes with Galactic Punks, we see what they used in terms of structure and modify it from LUNA to fit JUNO validator requirements
• @IBCFrens considering a validator, also worth reaching out

DAO Structure Discussion

• GlowGator’s model
  • time-saving mechanisms/reducing cognitive load valuable to Cosmos ecosystem
• “Can there be one NETA DAO or many?
  • a DAO is legitimized when it both acquires funding and performs governance - coming actions will establish it
  • we’ll have the funds sent after Troopr sale and can start performing governance - we can’t have a fair decision on how/what to build without voting
  • start establishing parameters (threshold, quorum, minimum deposits) when making contact with DAODAO
  • other DAOs established some of these parameters (ex, ARTO DAO)
    • Passing threshold: 60%
    • Proposal deposit refund: OFF
    • 60 ARTO proposal deposit (Max Supply of token: 18k)

“Off-Script” Ideas

• “community accelerator” - NETA providing tools and consulting to strengthen and legitimize community
• long-term value capture - Cosmos at its base level is very much function over form. ATOM price action isn’t flashy but its value is found in technical and community development
• “do something good, do something meaningful, take your time, do it right, and the money will follow”

Priorities for following week

Speak With:

• DAODAO: Jake on Core-1 well-connected with DAODAO team, can reach him/them through dimi
• Tardigrades: collaboration with NFTs @Tardigrades_NFT

Do:

• DAO testing throughout the week, reconvene next DAO call with results and plan for formal establishment the week after
• schedule a time with Maxjuno to sit down and adjust Discord server permissions (permission-restricted channels) and create workgroups, particularly for NFTs and DAO testing