RE: MoonShifter DAO Newsletter #2 - Lift Off!
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Thanks for the drop.
As you see, I took the freedom to also purchase some tokens over at TribalDEX.
Perhaps I bought a bit too much? But then again, I like this setup a lot since the project seems to just want to impose a little barrier to entry with the low DOA token price over at TribalDEX, which essentially means to me you guys and girls aren't trying to rip off to benefit yourselves. Perrrfect! 🙇
May I ask: How do you plan to run all activities? With how many people I mean?
Also: Do the NFTs have utility? And will the utility differ between the two categories Reflection and Impression?
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Great questions! Yes, so since MOONSHIFT is primarily a DAO voting token with trading being a far-off secondary usage, we wanted to make sure it was easily obtainable for initial investors. Obviously, that may change once the initial 2,000 on the market is bought up, but that is why we have the buy-back limit buy setup to buy them for 0.03 HIVE at all times. There's currently 60 HIVE in collateral on there but when that dries up, we will just start another one, and the MOONSHIFT that was bought through that mechanism will be relisted for however much HIVE is roughly equal to $0.01 USD at the time.
Once there is a larger base of MOONSHIFT holders and we have big DAO decisions to be made we will start doing DAO proposals through TribalDEX via their Token Fund feature.
There is a planned utility for the NFTs that will be announced in an upcoming newsletter, but it will be the same between the two categories. Reflections and Impressions only differentiate based on what type of category they feature, as we are ultimately looking to be a crypto artist collective we wanted to show that we value art early on with these collections. Look out for the announcement about NFT utility in the next couple weeks though!