[Notes compiled by envy##9950]

Update your Chrome-based browsers (ex, Chrome, Edge, Brave, Opera)! An emergency security update has been pushed today - missing the update could compromise your Extensions (read: Keplr and your wallet). #

1) Progress reports from previous week #

Value Capture for Treasury: #

Devotio NFTs:

• Cryptocito had an NFT giveaway, Passage has been promoting Troopers
• able to tweet about Neta Troopers on @NetaMoney using Dimi as messenger
• need to create guide for steps to buy NETA Troopers since they need to IBC transfer ATOM
• Passage team to get address for multisig wallet, Dimi/Ren/Heisenberg creating signature for NFT sale fund wallet and relay to DAO once sale is complete
• Passage waiting for public mint to be sold out before distribution of Devotio NFTs - this is the first minting they’re implementing with smart contracts

Other NFT projects:

• Strange Clan integration: world building tools coming out soon?
• once NETA branding solidifies, start building items for Passage (ex, Roman architecture) whether implemented in Strange Clan or other worlds
  • team of artists building creates new revenue stream for DAO

Validator feasibility research/planning:

• Dimi previously confirmed running a multisig validator is possible
• unsure if Tendermint Core would need to run as base prerequisite or only Juno, can consult with other validators
• Tendermint Core: https://docs.tendermint.com/master/nodes/validators.html
• Juno: https://docs.junonetwork.io/validators/joining-mainnet#recommended-minimum-hardwaretendermint
• would need testnet validator setup as well
• often run through AWS EBS; 3-5 sentry nodes “running interference” for main validator server; can be installed in other regions (ex, western/eastern hemispheres)

Branding, social media and Twitter:

• inheriting @NetaMoney under DAO ownership or making a new account?
  • per Dimi, better for the Twitter account to be managed by a DAO, Core-1 will need to make an official decision re: handoff
  • can still use @NetaMoney for NETA Troopers announcements in the meantime, send postings to Dimi
• visual branding ideas, images in front of us - color palette, themes, iconography
• website usage - FAQ, lore, branding, content - contact Core-1 for handoff decision on this as well
• NETA ambassador program? community volunteers
  • Secret does a similar thing (https://scrt.network/committees), Shade had Spartan Program

NETA DAO Updates/Setup/Tokenomics:

• working on tokenomics and procedural setup
• Galactic Punks DAO on Terra - similar roadmap, community validator model, NFTs linking everyone together, NFT staking
• possible to integrate existing tokens to DAO treasury as reward? ex, give JUNO reward for staking NETA in the DAO?

2) New ideas/concepts #

• noticed the biggest NETA whale is using staking rewards from other coins to buy NETA
• Cosmos SDK v0.44 has Authz, implemented in REStake for auto-recompounding
• possible use case: utilizing Authz to allow automatic claiming and swapping rewards for NETA over a DEX - automatic “store of value”
  • if we create a validator, this can be set by default - allow delegators to select a percentage of rewards to be automatically “rolled off” into NETA
    • small transaction fee of NETA routed to DAO treasury?
• adjacent to Secret Network - can we work with wrapped coins for a private store of value?
  • create sNETA for their DEXes - can CW-20 tokens be wrapped or only sovereign chains?
    • believed to be coming to Secret’s functionality in a few months

3) Build consensus on priorities for following weeks #

Speak With:

• Core-1: handoffs of social accounts and website (use established ones or make new ones? how to handle decentralized website management?)
• DAODAO: hash out goals and what we want to achieve - tokenomics, governance, general purpose (Jake on Core-1 and twilight as good points of contact)
• Galactic Punks DAO: information sharing, brainstorming re: similar roadmap
• Passage: clarification on world building tool availability

Do:

• write instructions for ATOM IBC transfer to buy Troopers NFTs (@NetaMoney to retweet these, contact Dimi when complete)
• reorganize Discord server and set up workgroup areas for dedicated teams (work with Max for redesign)

4) Discord server draft #

├── NETA
│   ├── announcements
│   ├── rules
│   ├── proposals
│   ├── suggestions
│   ├── bot-container
├── General
│   ├── stats
│   ├── links
│   ├── price
│   ├── community
│   ├── marketing
│   ├── art-meme-design
│   ├── dev-lounge
├── DAO
│   ├── dao-general
│   ├── dao-meetings
├── NFT
│   ├── nft-general
│   ├── nft-announcements
├── Workgroups
│   ├── branding
│   ├── community-collaboration-outreach
│   ├── DAO-design-tokenomics
│   ├── NFTs
│   ├── use-case-workshop
└── community meetings