On Christmas morning The Plague NFT gave to me....
Equity (shares) in their company!
Yes, you read that right. Real shares, in our company.
Every Frog NFT holder as of 10 minutes ago will be allocated a percentage of shares based on the number of unlisted frogs they are holding.
There will be multipliers to that percentage based on the following (and more):
✅Snapshots that have been taken since 2022
✅My special allocation to Frogs that have gone above and beyond for The Plague
✅Team Member allocation
✅PFP usage
You do not have to do anything to receive these shares. Just hold your frog until they are vested. We will have a staking mechanism to lock in the vesting period and assign shares. That will come later.
For now we are in the process of changing from an LLC to a C-Corp and organizing everything to execute this process.
I am still retaining the majority of the company myself as to not risk execution of our mission. Additionally there is no guarantee that future distributions like this will happen again.
This was a gift.
Why? How? What percentage? What is the company valuation? How long is the vesting period?
I will answer those questions later. For now I am going to go enjoy Christmas.... and you should too!
P.S. Yes it is legal. I did not sell them. You had no expectation of receiving them when you bought your frog.
They are a gift.
P.S.S. I consulted with multiple lawyers on the subject.
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You may have noticed some z00tz on your timeline today flexing new artwork. Many of you might be asking what they are and where they came from.
z00tz Anchor Club was a project I took over with a team after the original team rugged their community. Some of you might remember
Trust No One.
Time and time again, people amass influence only to cash in on it, when the bag becomes big enough.
Today's daily flavor of grift is @elenism.
She cashed in on her reputation by blatantly stealing pixel art and tried to sell it for $300k.
🧵 👇
1/ It’s unfortunate I have to make this thread but I am being sued by MachiBigBrother for an article I published in June 2022.
Today Machi filed the defamation lawsuit. The lawsuit is baseless and an attempt to chill free speech. I intend to fight back & defend free speech.
From rugged to riches! @z00tzAnchorClub has an amazing team and an awesome community! Everyone is excited on the upgraded art reveal coming soon! #ZACgiveaway#z00tz#ZAC https://t.co/nXn0xr4EJZ
🧵 Introducing Factor v2: Unlock the future of DeFi with our powerful middleware infrastructure!
Seamless interoperability, no-code strategy development, and simplified onboarding as we embark on a journey to grow TVL and revenue. Get ready for unparalleled innovation!
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🏭 Factorians! @FactorDAO v2 is currently under development.
The development process will be divided into phases, each of which will bring its own set of features and improvements.
Let's dive deeper!
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