NFT NYC Partnership with Capsule NFT

[David]

Title of the Proposal : NFT NYC Partnership with Capsule NFT

Category : Community support & decision : others

Kudos : Ghosts#1014, Davidd#2959

Abstract :

As 2023 NFT NYC, the most anticipated NFT Event of the year, is approaching, it is necessary for GhostsProject to find a spot to be part of the event that has massive opportunity to expose itself to the broader audiences. Thus, Partnership with Capsule NFT will give GhostsProject a shot to make its presence to the event and potentially catch eyes of participants.

Discourse:

Rationale:

• The Capsule Protocol is a community-driven ecosystem that offers users new and revolutionary ways to interact with NFTs. The premier application of the Capsule Protocol is the ability to help users create Capsule NFTs - NFTs that are able to store other tokens within them, which may be redeemed at a later date.
  • https://www.capsulenft.com/about
  • https://www.businesswire.com/news/home/20220616005923/en/CapsuleNFT-Launches-at-NFT.NYC-to-Radically-Simplify-How-Digital-Art-and-Cryptocurrencies-Are-Packaged-and-Shared
• CapsuleNFT made a huge impact at NFT.NYC with their free-to-use NFT vending machine redemption process at last year’s NFT NYC. They showcased and distributed hundreds of assets over the course of the three days.
• Once again Capsule NFT Team is hosting another NFT Vending Machine event with diversified prized pool and offered the partnership opportunity for GhostsProject to be part of it.
  • Collaboration with Capsule NFT will feature GhostsProject in content surrounding their onsite redemption processes and presence at the event.
  • Promotional posts leading up the the event
  • Logo to its event signage and website
  • Capture live in-person reactions and screen recorded content surrounding the redemption of Ghosts digital item at NFT.NYC 2023
• Total 5 ghosts from the treasury and 1 special fragment will be sent to the Capsule NFT Team as the part of prizes pools, thus feature GhostsProject as the partner of the Capsule NFT during the Event.
• In return, we can expect GhostsProject to be exposed to the diverse audiences and potentially expect the viral power of it. We may use the visual assets provided by Capsule NFT Team for the marketing purpose. At the current FP of Ghosts and SF, the total expense equivalent will be less than 0.2 eth.
• The 5 Ghosts will be following,
  • #5329 - https://opensea.io/assets/ethereum/0xdf3407636bbf3a015a8e48a079ef7ba49e687fd3/5329
  • #5336 - https://opensea.io/assets/ethereum/0xdf3407636bbf3a015a8e48a079ef7ba49e687fd3/5336
  • #5137 - https://opensea.io/assets/ethereum/0xdf3407636bbf3a015a8e48a079ef7ba49e687fd3/5137
  • #5058 - https://opensea.io/assets/ethereum/0xdf3407636bbf3a015a8e48a079ef7ba49e687fd3/5058
  • #5048 - https://opensea.io/assets/ethereum/0xdf3407636bbf3a015a8e48a079ef7ba49e687fd3/5048

Timeline: Asked assets will be transferred to the Capsule NFT Team once the proposal is approved.

Ask: 5 Ghosts and 1 Special Fragment

Accountability: Ghosts#1014, Davidd#2959

Option:

Yes: Approve the Partnership

Np: Reject the Partnership

[kyu]

In this situation where nothing seems to be done, it seems desirable and positive to try any way to make our Ghosts widely known to others. However, when I looked up about capsule NFT, the number of Twitter users is about 850 and the size of the discode server is very small, so I wonder if we can achieve our purpose. I want you to share the reason why you trusted and collaborated on that capsule NFT project.

[Mr_oneday]

https://twitter.com/NFT_NYC You guys should work with them , it costs a little. I think it will be better ,

[David]

I believe it is cost-efficient opportunity for us to engage in NFT NYC as it doesn’t necessarily require USDC expense + partnership with bigger entity definitely requires higher amount of expense while the return can not be measured quantitatively. It could be more efficient to execute multiple small NFT NYC partnership with small entities like Capsule NFT.

[tonyhan]

Conclusion first, I do agree with partnership with Capsule NFT, zero cost and still we might have some chance to marketing ourselves.

However, how much would cost if we want to deal with bigger entities? if we have some “guesstimated” figures then it would help us more to decide.

it would be better if we can have several options then let holders decide the cost.

[David]

The most viable option is to directly participating as sponsor of NFT NYC which we did some research on last year whether it is worth to do it. Based on the this year’s price tag, the minimum price table to be part of Sponsors was around $15,000 and max up to $300,000 which is not the reasonable and piratical price to pay at the current stage.

I would love to see more fair opportunities incoming starting with Capsule NFT’s partnership if we can proceed!

[Onely]

I also agree with this partnership with Capsule NFT. But it’d be great if we can check the effectiveness data from the Capsule team after this campaign completes.

[SeanFT]

Better than nothing. I think we have to find collab like this more to get exposed in NFT NYC. I agree with this idea David suggested