The creation of this thread last week kicked off one of the most intense discussions our DAO has ever had. We saw the entire spectrum, much of which was healthy skepticism and also many endorsements. For those recognizing Pixelcraft’s many successes and even fitting our shortcomings into context and not a vacuum, I thank you.
Now, about the two Sigprops being drafted. The first sigprop is a binary yes or no to closing the Curve. We either maintain our treasury on top of MakerDAO and DAI token or we control our own destiny. That’s why this Sigprop will be produced mostly using the language found at the beginning of this thread.
The majority of debate was around what to do with the DAI treasury post-Curve closure.
When formulating our proposal, we looked for precedent in how Pixelcraft and the DAO generally split revenue, and the GHST Circle of Win came to mind.
We call it the Circle of Win because both parties are incentivized to do their best and bring value to the ecosystem: 40% to Pixelcraft as the main engine of growth and public face of Aavegotchi, and 60% to the DAO to fund other development, rewards for holders, and other activities the DAO decides are important. Pixelcraft Studios and the DAO each bring different strengths (and weaknesses) to the table, and we believe the ecosystem will flourish best when both sides are supported.
Speaking of Pixelcraft, we thank the community for your praise of the work we have done on the Aavegotchi protocol these last three years, and for your ongoing trust in our leadership. Trust is extremely hard to come by in this space, and we value it above all else.
Regarding our shortcomings, as you know, Pixelcraft Studios’ DNA is Web3, and it is where we shine. At the same time, it’s clear that gaming as a vertical in Web3 is exploding, which is why, early on, we made a strategic decision to enter gaming. Are we experts at building games? No. At least not yet. Will we keep shipping, iterating, and upgrading until we are the experts? Absolutely.
If you believe we should continue to explore other distribution options, that’s fine. We’ll continue the discussion and figure out something that works for everyone, no matter how long it takes. Having said that, crypto moves quick and the risks we cited initially are not going to go away.
However if you believe in our vision of making our adorable Aavegotchis titans in the NFT gaming industry, and beyond that, an IP recognized around the world, vote to support the GHST Circle of Win. Let’s make 2023 the breakout year for Aavegotchi!