gm Trackos!
Here’s an update what we’ve been doing the last week & what we hope to produce over the next week.
Throughout the Launch of $TRACK, we always said that the NFT community would choose The Final Two Collections that will make up our NFT index.
Congratulations to Nakamigos & Chungos for their admission into the index!
The Final 10 “Blue-Chip” Collections are —
- BAYC
- MAYC
- World of Women
- CloneX
- Doodles
- Cool Cats
- Azuki
- Meebits
- Nakamigos
- Chungos
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Since The Final Two are Confirmed, we have been working on finding the cheapest Chainlink node to supply the required floor price feeds into our smart contract to allow Calibrations to commence. Some of the quotes we have received are expensive because I doubt there is another project that requires these exact 10 feeds so we can’t use an off the shelf index.
Secondly, we started seeding our Treasury with the aim of growing it as safely & quickly as possible.
Here are a few highlights —
- We bought a BAKC NFT for 6.13 $ETH, which is now worth $10.69 $ETH due to the Rare 3D Glasses, & bought 856 $APE COIN for 2 $ETH & staked in a pool on BendDAO. That’s a profit of 4.56 $ETH! This will bring monthly revenue into the DAO that we can use at the DAO’s discretion. We will be keeping this staked until the DAO believes there’s a high conviction reason to Upgrade to a MAYC or once possible, a BAYC. This is the first step to a tall ladder of Blue-Chip Yuga Labs exposure that most Investors won’t be able to climb.
- We bought a Human Captainz for $6.67 $ETH & staked such on MemeLand.com to earn Maps, we aim for this to generate revenue for Track much like how BAYC investors have benefitted from the Otherside NFTs Airdrop, etc.
The reason for this is that in the very near future, MemeLand will be releasing their Metaverse, Treasure Island & in-game currency, $MEME. Captainz Stakers will be eligible for both & expectations around value are promising. This item we plan to sell rather than hold long term as the Index continues to gain traction for it’s mechanisms.
- Blur Airdrop 2 Farming. Via strategically placed bids & making listings, we have been earning points that will be converted to $BLUR at the time of the second airdrop. All funds received will be treasury funds to yet again be allocated accordingly to the DAO.
- 5 CHUNGO SWEEP. A Low Market Capitalisation Play we’ve been mentioning for weeks now has finally landed in the Track Treasury and we don’t plan to stop here. We paid an average price of ~0.0228 $ETH for each Chungo, which is below Floor! Snagging an Emperor Chungo even which is 1/153 editions, worth at least 0.01 $ETH above what we paid for it already.
Track the Treasury Wallet and all NFT Transaction history here —
opensea.io/0x9489d7f4DeD938a4FE18D834d4E82Bd28a0049A9/
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Another thing that has been keeping the developers happy & occupied is the upcoming launch of The dApp Dashboard. This has become much more complex than we originally anticipated in that we will need data from numerous sources in order to be able to give up to the minute info on the current treasury value.
As a brief summary, already we will need Price feeds from BendDao, Coingecko, Opensea, & Memeland, if possible. We expect to show some designs early next week & then have the completed Dashboard completed for use by the end of next week.
Finally, Dextools! The main point raised in the Chat Community. We are in contact with the Dextools Team, who I have to say, are very responsive & helpful, & they require us to make some additions to the website to be able to verify that it is Track DAO providing the info & not an impersonator.
Chirag is working on it & we’ll have it sorted by Monday. Once that’s sorted, we will press the button on KOLs (LFG!).
What we are #buidling here is much more complex than many coin launches, comment on this Update if you’re excited for the calibration of The Ultimate Asset & Community!
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Thanks for all your support, Tracko(naut)s.
All the best, Stephen.
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Website — TrackDAO.org
Twitter — @NFT_TrackDAO
Community — Telegram-@TrackDAOinfo
