The community Snapshot vote passed earlier today with over 1,000 votes supporting implementing the DAO as outlined in the Skull Paper and only 3 votes not supporting it. Thank you to the 406 of you who voted! ❤️
2/ The Skull Council is now in the process of implementing the DAO. We just completed the first step which was to create The Crypt! The Crypt is a multisig (multi-signature) wallet that the eight Skull Council members serve as signers on.
3/ For transparency, the signers of The Crypt, the configuration settings of The Crypt, the assets stored in The Crypt, and all transactions made from The Crypt are publicly visible at this link: gnosis-safe.io/app/eth:0xBd34…
We’ve got some exciting things in the works that we would like to share.
2/ As many of you may know, our community is currently in the process of transitioning to a DAO. We believe a DAO structure will lay the foundation needed for future growth and enable the CryptoSkulls community to execute on the ambitious vision outlined in this thread.
3/ We recently completed our first Snapshot vote and 543 holders participated! This was an important first step for us. Soon we will be governing a vault with 1,500 CryptoSkulls currently worth 1,449Ξ ($4.73M) so we have to get comfortable with this process.