The Rise of Lobby Lobsters
Forget about the usual suspects in the NFT world—this time, it’s all about cartoon lobsters suited up and ready to lobby. Yes, you’ve heard it right! The Universe NFT platform recently hatched a plan to sell Lobby Lobster NFTs, and boy, did it make a splash in the fundraising ocean!
On August 5th, they sold out all their NFTs in less than an hour, raising a jaw-dropping $4 million. Just goes to show that if you mix politics with a bit of crustacean charm, the world is your financial oyster.
Minted Value and Community Spirit
Each lobster, delicately minted for 0.1 Ether (around $390), isn’t just a cute digital crustacean. It serves a serious purpose! All funds collected from the primary sales, totaling nearly 1,000 Ether, are dedicated to a nonprofit tackling crucial cryptocurrency policy issues. With the power of lobster philanthropy, this community aims to make waves in the lobbying efforts!
The Future of Funds
Wondering where the money will go? The Universe decentralized autonomous organization has plans for that! After the primary sales, proceeds from any resales will head into a multi-sig wallet, where decisions about future disbursements will be made through monthly communal votes. Sounds democratic, doesn’t it? Oh, and let’s not forget, 7.5% of those secondary sales will support lobbying groups lurking beyond U.S. borders.
Who’s Supporting the Lobsters?
The Lobby Lobsters initiative has garnered backing from a variety of heavyweights in the DeFi and crypto space, showcasing that even the coolest characters in the industry are not afraid to put their claws up for a good cause. We’re talking about individuals like Foobar, Fiskantes, and Tom Shaughnessy, co-founder of Delphi Digital. It’s like the Avengers of crypto came together to save the day—using lobsters!
Background Buzz and Bigger Context
The timing of this drop is also note-worthy. While the U.S. Securities and Exchange Commission (SEC) is investigating Uniswap’s operations, the Lobby Lobsters appear to be a strategic response to the need for stronger advocacy in the DeFi sector. Earlier debates between influencers like Hayden Adams from Uniswap and Kain Warwick from Synthetix sparked ideas about channeling funds for lobbying initiatives. Talk about crustacean collaboration!
Final Thoughts: A Lobster Revolution?
The Lobby Lobsters are not just symbols of playful creativity; they represent a collective movement toward establishing a serious dialogue around DeFi policies. Who knew that a bunch of cartoon lobsters in suits could tug at our heartstrings and wallets? What’s next? Lobster-themed DeFi degrees?
