Dear Universe DAO,
We are writing to request reimbursement for server costs incurred by Graviton Inc. Graviton is currently shouldering the burden of running the infrastructure for Universe DAO until a long term solution can be found. These services are necessary to ensure that our services are running smoothly and efficiently.
In order to cover these costs, we are requesting reimbursement from the Universe DAO in the amount of 20.8887 ETH. We believe that this request is justified since Graviton is paying for the services
We understand that the ETH in the DAO is intended for use in the development and maintenance of the Universe ecosystem. Last month (DEC 2022) the costs of running the services was $15,000 and we can expect the same for January 2023.
We would be grateful if the Universe DAO would consider our request and provide the necessary reimbursement as soon as possible. Thank you for your time and consideration.Infrastructure Costs
We have been offered a couple OTCs deal at the standard 30 day moving average with a vesting of 100 weeks that release 1% every week. We would like to take the XYZ out of the treasury to ensure long term development on the Marketplace Protocol.Pull XYZ out of the tresury for OTC deals to extend runway for protocol development
With the coming launch of Polymorph ecosystem tools, the ETH that was collected from the drop will be moved to the Universe team to be reimbursed for development expenses.Polymorph Reimbursement
We are paying 9 artists for their work on our derivative art project using the polymorph contracts.
They are being paid ETH and XYZ for their work.
Wallet 0x157107088D5a99406789A16Dc31286bC69C8CD4D will distribute the funds.
Extra funds are for gas to pay artists, remaining funds will be sent back to the DAO.Pay artists for Polymorphic Faces
We did an OTC deal for the final XYZ that was in the team's multisig (0x75237802D46A40C4be57f518A7902528Be688Dfc) but there was a miscommunication for the 100 week vesting where we normally do 1%/week for 100 weeks but instead we did 10% over 100 weeks with a 90% cliff at week 100.
Ultimately, we need to fix this OTC deal and transfer the vesting back to the multisig so we can claim at 100 weeks. Otherwise, its not the deal we negotiated with the fund who is one of our largest holders at this point. The deal took place over a month of conversations and I think the fund would ask to remain anonymous but that was the final XYZ left in our multisig so this is the only reasonable way to fix it at this point. At 100 weeks, we can either return the XYZ back to the DAO or honor a snapshot on what the community wants us to do with it.
This OTC deal helps us extend runway which we need right now as we onboard team members with the coming launch.
Tyler messed this up on his end and he apologizes it is the only time he has ever fat fingered an OTC deal.Transfer 16m XYZ to team multisig to correct an OTC deal
1.1. Mint 4% (40M) XYZ to Limechain's vesting contract
1.2. Mint 0.5% (5M) XYZ to team vesting contract
1.3. Mint 0.5% (5M) XYZ to team vesting contract
1.4. Mint 0.5% (5M) XYZ to team vesting contract
1.5. Mint 0.5% (5M) XYZ to team vesting contract
1.6. Mint 0.5% (5M) XYZ to team vesting contract
2.1 Fleek Payment of $480 Equivalent of ETH: fleekhq.eth
3.1 Mint 7% (70M) XYZ to MultiversePID-4: Pay Fleek, Mint Multiverse, Limechain and team tokens
Event Title: Universe x (*********) Present: NFT.NYC
Produced by: (A world class production team)
Hosting Organization: Universe x (*********)
Event Date: November 4th, 2021
Venue: (A world class venue in NYC)
Attendees: Up to ~2200
Budget:
$120-135K - Venue Hire
$25-35K - Food Service (1st Balcony Table Section)
$100K - Production (flexible)
$60K - Operational Expenses & Staffing
$110K - Talent Budget (Headline + support act)
= ~$400K total
-----------------------
($100k) (Tim Kang / illestrater personal contribution)
($50K) (Tyler Ward personal contribution)
-----------------------
= $250k budget proposal
Event Description:
(*********) proposes as special event to be held at (venue), one of NYC's most iconic concert venues, at the close of NFT.NYC.
From 8pm - 12am (negotiable) on November 4th, 2021, attendees (token-holders and VIP guests) will be treated to a performance from several leading Electronic music artists, a Salon viewing room for browsing NFT artwork on exhibition, and a chance for guests to mingle in the promenade. This event will serve as a final celebration of the crypto community as NFT.NYC wraps its final day, and herald Universe as an organization to watch within the industry.
This event will be closed to the public; only Polymorph token holders and VIP guests by personal invite will be able to join this exclusive evening driving intrigue.
Venue Setup:
- GA Main Floor (up to 2000 theatre style)
- VIP Tables on 1st Balcony (up to 230 seated)
- NFT Gallery in 1st Balcony Salon
The Experience:
- With increased COVID-19 requirements, attendees will need to show proof of vaccination before being granted entry. Additional venue staffing is required due to these recent protocols.
- Venue rental deposit isn't refundable but can be applied to a future date in the event of COVID cancellations etc. The deposit % is traditionally 50%, but we can show flexibility on this through (production team)'s relationship with (venue)
- Cash bars are available on the main floor, 1st balcony, and promenade.
- Token holders and VIP table guests (ticket pricing undetermined) have optional access to the NFT gallery
- Production team and Venue are confidential until approved
Community Snapshot Vote Passed (99%): https://snapshot.org/#/universexyz.eth/proposal/QmUMWEy7qtrfnqMu5dhiQtq7wQ6hmXVzQZ96is8bAzczt2NFT.NYC Event Sponsorship Funding
In working through the Lobby Lobsters project we worked closely with Coincenter through this process. Our seed round investors and people who worked on the project through the process had vocalized we would give 100% of proceeds from the initial sale to Coincenter and ongoing sales would be subject to a DAO vote.
Based in Washington, D.C., Coin Center is the leading non-profit research and advocacy center focused on the public policy issues facing cryptocurrency and decentralized computing technologies like Bitcoin and Ethereum.
Their mission is to build a better understanding of these technologies and to promote a regulatory climate that preserves the freedom to innovate using permissionless blockchain technologies.
They do this by producing and publishing policy research from respected academics and experts, educating policymakers and the media about blockchain technology, and by engaging in advocacy for sound public policy.
Other people can find the way to donate directly to Coincenter here: https://www.coincenter.org/donate/
Donate 1000 ETH to Coincenter
Polymorphs have a lot of major releases in the works:
- Rarity tooling
- Metadata upgrades
- Matic compatibility
- Gaming
- Low Gas Morphing/Scrambling + Polymorph Bridge
- Burn to mint
- Metaverse
To facilitate the upcoming changes, Polymorph scrambling and morphing should be temporarily disabled in order to seamlessly transition the existing Polymorphs to a new smart contract. This migration is necessary to enable several of the upcoming features described above. The Polymorph Upgrade Proposal