Project Name: Dope Wars
Author Name: Butterbum.eth on behalf of Dope Wars DAO
Number of OP tokens requested: 1,000,000 $OP
L2 Recipient Address: 0x90103beDCfbE1eeE44ded89cEd88bA8503580b3D
Relevant Usage Metrics: +21 500 transactions, +18 100 ERC-1155(items of Gear) on Optimism. 4 600 sales on Quixotic with a volume of 100 ETH
Dope Wars is an open metaverse project with a “Play To Own” model, where we envision multiple games and digital environments in our future ecosystem. Dope Wars DAO is run by a community of like minded individuals with a collective determination to striving towards the Dope Wars DAOs vision. In Nov 2021 our first Hustler was initiated from Ethereum mainnet to Optimism network(FLEX Hustler).
Dope Wars decided early on to make Optimism network the home of our ecosystem.
Currently Our open-world 2D MMO (massively multiplayer online) metaverse built on Optimism has one fully completed map for Hustlers to explore, with interiors and more on the way. Hustlers can chat, vibe, and interact with each other on the map while completing quests and playing mini-games. The DOPE MMO metaverse experience will also be the home for launching additional games like entering into the DOPE WARS Game on Starknet.
Proposal for token distribution
Dope Wars is a fork of the Loot protocol with a GTA spin. Our Ethereum mainnet DOPE NFT collection has 9 items(GEAR) associated with each NFT. Users are required to claim/initiate the gear which mints the corresponding items on Optimism network as an ERC-1155. This function can only be called once per DOPE NFT.
These items can then be equipped to a character (HUSTLER) to interact with our Dope Wars games. All Hustlers are fully customizable and free to mint without gear on Optimism, allowing anyone to participate in our MMO metaverse.
The key Goal for this Optimism distribution would be to incentivize users to initiate and use Dope Wars assets on the Optimism network. We also aim to create a sustainable environment to enable developers and community members to build!
25% (255,440 $OP) of $OP will be distributed to a smart contract, to persuade holders of L1 DOPE NFT(ERC-720) to initiate/mint the corresponding items to Optimism. Issuing ~40 $OP per initiation. The incentives will target anyone who initiated after $OP snapshot date (25 March). This contract will run for 1 year after which Dope Wars DAO will reclaim the remaining $OP tokens into the treasury. There, the DAO will vote to utilize the remaining OP for further growth of Dope Wars in the Optimism network.
5% (48,420 $OP) will be used to remunerate a small part of fees suffered by early users Initiations prior to 25 March. Issuing ~30 $OP per initiation.
25% (250,000 $OP) will be utilized in the DOPE MMO metaverse experience which runs on Optimism. We anticipate the tokens will be distributed for taking in-game actions like participating in quests, and playing mini-games. These incentives will only be active when DOPE MMO Metaverse is launched and will further distribute the OP token.
45% (446,140 $OP) will be sent to Dope Wars treasury to aid with development of games and smart contracts. Dope Wars DAO will utilize these funds in a responsible manner to allow Dope Wars to flourish into the communities vision. We are a community owned project so no external capital has been received and we have never sold treasury assets, only used them to fund development. This portion of the proposal will encourage builders to keep developing within Dope Wars. Inspiring new developers to join our Play to Own model and collectively produce many entertaining games.
Dope Wars was a free mint and has had no formal funding, all treasury funds have come from royalties in secondary sales on OpenSea and Quixotic. Unfortunately we will not be-able to match incentives. We anticipate all incentives to be distributed within 24 months.