Overview:
Proposal to purchase Sandbox land for Own the Doge primarily to host our Lords of DogeTown Sandbox Game.
A LAND is a digital piece of real estate in The Sandbox metaverse that players can buy to build experiences on top of. Once you own a LAND, you will be able to populate it with Games and Assets. Each LAND is a unique (non-fungible) token lying on the public Ethereum blockchain (ERC-721).
Proposed use of the Pixel grant:
The grant would be used solely to purchase a plot of land in the Sandbox Metaverse primarily to host our game, but there are other valuable use cases as well that we could explore as a community, some of which are notated at the end of this proposal.
Estimated cost would be .92 ETH (+ gas) which is about $1,492.55 USD or about 1,700,284 $DOG
Benefit:
Purchasing land so that we can host our game year round is beneficial because it will provide a permanent home for the game which we funded through the Bark Tank for what was equivalent to $50,000 USD in $DOG at the time of grant approval; Land to ensure the game is live and playable is reasonably priced with a current value of less than $1500 USD.
Timeline:
Once a vote is brought live, if it passes, we can purchase the land immediately.
Additional Thoughts:
Other potential use cases for our land in addition to housing The Lords of DogeTown game are:
-
Doge Museum
-
Meme Hall of Fame
-
Digital Portal or Arcade Machine that leads to The Pixel Portal
-
Digital Hackathon or live metaverse event such as a BassJackers concert
One consideration if we decide to move forward with this proposal would be location;
The most cost effective option would be to buy the best plot of land available at or around the collection floor;
However, if we would like a location in a popular area next to celebrities, nightclubs, or venues with heavy traffic this should be attainable at a slight premium.
I think it may be advantageous for us to buy land soon before any big updates come out within the next couple of months;
Also only 1% of land is currently listed so if bullish news is released prices may quickly rise due to supply and demand.
