This is a proposal to Metafactory DAO to make a proposal to the Index Coop DAO to create and manage a token index that tracks the NFT market. Index Coop launched earlier today and already a few people have asked for an NFT index, I think MF is a great community to help run it.
- Even if the proposal fails, we will attract DeFi users to our site, generating sales.
- It will make us a leader in the NFT x DeFi space
- We will manage a platform that lets us promote brand factory tokens
- It is another revenue source for the DAO
- The clout makes us a schelling point for people looking to get into NFT space or collab between NFT and DeFi
You guys are the NFT experts but these are the tokens I can think to add off the top of my head:
I don’t think we should add $ROBOT to begin with as a sign of good faith that we aren’t trying to pump or promote ourselves and also we are pretty unknown to the broader crypto community so I don’t think it will instill confidence in people that have heard/seen the tokens I listed before.
The NFT token Index will have the ticker $NFTI
We can take some time to discuss the exact tokens and % allocation but I think we should have a fully drafted proposal by Friday (10.10.2020) because someone is already working on making their own proposal @NFTpulse
Edit: My first draft for the $NFTI proposal. Let’s do this!
Beep Boop Beep,