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…
4/ When sending ETH, ERC-20 tokens, or NFTs to The Crypt use this address: 0xBd34B010cA5D96cEab4abd711eaf2E34a5738D7B
For more specific details about The Crypt and CryptoSkull DAO’s governance process please refer to the Skull Paper: ipfs.io/ipfs/QmXJkktgD…
5/ Our fearless leader, Alex Slayer, will be very generously kicking off The Crypt by sending 1,500 CryptoSkulls to it very shortly. Actions speak louder than words in this space and Alex’s actions demonstrate that he believes in this community. Thank you Alex ❤️
6/ Also, very soon the Skull Council will be setting up special DAO sections and channels in the discord that only members (verified skull holders) will be able to see and message in. A proposal template will be coming very shortly as well.
7/ Thank you all for your patience with us as we worked to get to this point. We know that many of you are eager to start creating proposals and moving them forward but just hold on a little bit longer as we get the final pieces in place here!
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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.