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This proposal is for the SPS DAO to hire Steem Monsters Corp., the company behind the Splinterlands game, to develop and operate five separate promo card sales events over roughly the next six months for the benefit of the SPS DAO. The total cost for this project will be 600M DEC tokens paid up-front to the @splinterlands in-game wallet.
Promo Card Sales Event Details
Each of the five sales events will feature two interesting and flexible card designs including, but not limited to, Dragon, Neutral, and Multi-Element units that will be exclusive to these sales events and will not be available in packs or any other sales in the future. The character designs, art, names, and stats of the cards will be designed by the Splinterlands team.
The promo cards will be purchasable using DEC only, as the purpose of this proposal is to generate demand for the DEC token as described in more detail below. The exact pricing will be decided by the Splinterlands team and announced at least one week before each promo sales event begins. All DEC spent will go to the @sps.dao wallet.
We plan to work with the SPS stakeholder community ahead of each promo card sale event to determine whether or not there will be other incentives or prizes such as the leaderboard rewards that we have included for similar past events. We would like to purposely leave these additional details open to be decided by the team, with input from the community, to allow us to be flexible and able to design the best possible event for the DAO based on the conditions at the time each event is to be launched.
Proposal Reasoning & Expectations
The SPS economy is designed specifically around demand for DEC tokens through asset and feature purchases in the Splinterlands game. It is therefore in the best interest of all SPS token holders to offer more items for sale for DEC within the Splinterlands game, ideally in ways that are affordable and that require minimal effort from the development team.
We believe that promo card sales are the best way to bring in significant additional demand for DEC in the short term without distracting from our longer-term priority of bringing new players into the game.
Based on similar past events, we expect - though we cannot guarantee - that each of the five sale events will bring in at least 200M DEC tokens for the DAO - or over 1B DEC tokens in total over the five events - which would mean that the DAO would nearly double (if not more) its investment of 600M DEC tokens that we are asking for to build and operate the events.
These promo card sales are something that the company has planned to do for some time, but before going forward with them we wanted to offer this opportunity to the SPS DAO to be the entity that owns these assets while the Splinterlands company would simply be a hired contractor to build and operate the sales.
This means that the SPS DAO will assume the risk if the sales do not perform well, but will also reap the benefits if they do. This is the same situation as when the DAO hired SMC to build and operate the Rebellion set sale event last year, which has worked out extremely well for the DAO so far.
That being said, if this proposal does not pass, and the SPS stakeholders do not want to take this opportunity, then the company plans to still launch these promo card sales events and will retain all of the DEC proceeds.