Preface
Citizens of Kong Land,
It has become clear that our DAO has lost momentum. Many of us have naturally shifted our focus to other projects, and our bi-weekly community calls have become a ghost town. Our once-active community space has grown silent, the treasury remains dormant, and our last major initiative, Agora, ultimately missed its mark.
At this point, and for some time now, there has been no clear direction or active initiatives to move us forward. Instead of clinging to an inconsistent structure, itâs time we have an open and realistic discussion about what comes next.
With that in mind, I propose we accept where we are today and take action to responsibly wind things down â placing Kong Land into an indefinite adjournment and redirecting our energy toward aligned projects that are seeing traction and growth. This doesnât mean the ultimate end of Kong Land, but rather a redirection in focus and resources.
Below is a draft proposal of how we as Citizens can approach this in a way that benefits the entire community. Any and all feedback, thoughts, and propositions are encouraged.
The Proposal
This proposal includes several actions, in no specific order, that require multiple steps. These tasks would gradually take place over a 30-day time span after the official voting and enactment.
Sunsetting the Discord: We formally suspend the Kong Land discord and transition to the ERS server or create a more general one surrounding Arx, maintaining a place for our relationships, connections and discussions to continue.
- Announce the indefinite adjournment of Kong Land and the discord as inactive.
- Encourage Citizens to transition to the ERS or a general Arx server.
- Senate term 4 is concluded, Senators lose their role.
Relegating tokens: $CTZN and $LAND are put on the back burner for the foreseeable future, ensuring that no one is left with unclear expectations about their utility or future value.
- Liquidity pools for $CTZN remain funded.
- Undistributed $LAND payouts for Senators are halted.
NFT reveal: Citizens who have not yet revealed their NFTs via their passports are able to do so via contract without the presence of the card. This ensures that all citizens have access to see their identities regardless of any issues surrounding the physical.
- Creation of a contract interaction for citizens to reveal their NFTs without their passports.
- (or) method to request new HaLo based Passports to use for reveal.
Treasury distribution: The existing treasury is distributed to support aligned initiatives and projects as well as to ensure that those who contributed meaningfully are compensated for their time and dedication. Allocation breakdown:
-
50% allocated to Founders â recognizing their foundational role, their insights and coordination over the years, and to empowering new ventures.
-
30% allocated to Term 4 Senators (excluding Founders) â rewarding those who have provided governance and oversight throughout the lifespan of Kong Land.
-
15% allocated to active Citizens â giving back to the remaining engaged members who stayed true and contributed despite the DAOâs slowdown.
-
5% allocated to the Kong Land Future Trust â a portion of the treasury is preserved in the event traction regains surrounding the DAO, allowing for Citizens to rebuild again.
Additional Info
-
Currently the treasury sits at 30.65ETH (~$90,000) at the time of writing. This does not include the $CTZN liquidity pools.
-
Active Citizen allocation is evenly distributed among those who vote Yes on the proposal (Excludes Senators and Founders). Those who vote No will not be included in this distribution.
- Ex. Two Citizens vote Yes, each get 7.5% of the treasury. Ten Citizens vote Yes, each get 1.5% of the treasury. Citizen #018 and #111 vote No. They get No treasury allocation.
-
This effort would directly benefit aligned projects such as Burner, ERS, and the larger Arx ecosystem, providing both runway and resources to continue to invest in areas where weâre seeing actual traction. Context for these aligned projects is below:
- Arx - Chip manufacturer (https://arx.org/)
Burner - Crypto gift card (https://www.burner.pro/)
ERS - Decentralized chip registry (https://www.ers.to/)
- Arx - Chip manufacturer (https://arx.org/)
The DAO will be formally placed on pause until further notice, allowing us to step back without fully closing the door. Should there come a time when focusing our energy on decentralized autonomous organizations becomes meaningful and necessary once more, we will be ready to reopen Kong Land and welcome the world in.
We built Kong Land together,
itâs only right that we set aside this project with the same respect and care.
âââ â§