Meta Residence Tower by 8Meta This proposal is now in status: REJECTED. Voting Results: * Yes 7% 501,021 VP (82 votes) * No 93% 6,611,841 VP (142 votes)

Interesting info. thanks for doing the legwork. :+1:

I completely forgot to insert a link to the prev grant - https://governance.decentraland.org/proposal/?id=a847c6e0-c6d6-11ec-90c9-11bf3c6f4ca1

After analyzing the transactions of the grant and the beneficiary, you can see that the funds were paid monthly to different wallets (interestingly, none of the wallets is a decentraland account, that is, it does not have a name or any wearables, some kind of decentraland activity. The exception is Carlo - Discord moderator Also, some funds were used to deposit on the centre.io platform. What is it and why were funds from the grant sent there? You can study all transactions in more detail at the link below: https://docs.google.com/spreadsheets/d/1jxHeXaNtjJh8SIJo4BA4Oo4oXcXuQyQqE5VOzPrGjgc/edit#gid=0 Funding from the last grant ended on November 8 and it looks like the project team needs money again. How much has the $120,000 investment paid off for the decentraland DAO? How many new users did the 8MetaPlay project attract? And how much will a project that asks for $120,000 again attract? How successful is this investment? All these activities are created again for ALREADY existing decentraland users. How is the project going to attract new users to the metaverse? I would like the 8MetaPlay team to elaborate on the distribution of funds received from the previous grant and provide detailed information on the distribution of funds in the new grant.

I think that the 8MetaPlay team does not need funding from the DAO. And now I will try to explain why: The 8MetaPlay team has already received a $120,000 grant to create billiards and new games within the Game Center. Until now, it was not known how the funds were received from the DAO, because no significant updates were noticed that were not new games - chess, the implementation of which, in my opinion, is not the most frequent (there is a full-fledged video tutorial on creating chess on the Internet ). Also, the team did not use the planned reports for 2nd, 4th, 5th and 6th months. A total of 4/6 required updates on the grant page are missing. [](https://postimg.cc/9DRvtzFW) The team already has a project using NFT and most of it is stored on the 8metaballs account (89%) and only 4% are unique owners. That is about 66 people. [](https://postimg.cc/WFnffjY6) Also, some goals of the last project were not achieved: [](https://postimg.cc/hzy1dG3w) There were also no updates, news and announcements in the project's discord server. Almost the same players take part in activities such as weekly tournaments and so on. **[](https://postimg.cc/cvRqM7m3)** In the support channels, players write about bugs, but no one answers them, and if they do, they ask them not to take any actions that could ruin the gameplay. The project's discord left me with strange feelings. [](https://postimg.cc/BLrtk98b)

This is such a bummer. I have been wanting to create something like this since the moment I stepped into DCL. I've even tried accomplishing similar things on my own. I have 0 doubts that this would be successful. However, I do not see a need for a grant whatsoever. 10,000 keys at the right price point, which I think would be pretty high depending on the variant of the apartment, can generate a significant amount of money. Especially with that JUST being the sales from the keys themselves. Not counting all the decorative items. > ### Project Goals: > > * Provide a unique living experience for Decentraland users > * Create a thriving, vibrant community within the Meta Residence Tower These to me are not measurable goals but rather emotions behind the experience. Which are great to have, but easily achieved. > ### Project Outcomes: > > * 10,000 NFT flats available for purchase > * Public spaces, galleries, and retail spaces available within the building > * In-game mechanics and activities, including caring for a virtual pet and cleaning the apartment > * Customization options for apartments, including furniture and decor elements These don't sound like "outcomes" but rather already achieved milestones. > ### Contribution to the Community: > > * Attract new and returning users to Decentraland > * Return 20% of sales to the Decentraland DAO each month until we pay the grant off. So we plan to return all money from that grant. > * Provide resources and guidance on migrating to the Decentraland SDK 7 once it is released How do you plan to achieve these contributions? I really don't understand the relevance of the SDK 7 resources. Doesn't seem project specific to me. You also list your whole team as full time insinuating that this is already a funded entity. It would be good to know how many holders you have and any links to the existing 200 furniture pieces (only a few are shown in the video). As well as any marketing plans stating that you're going to create marketing campaigns don't really tell us much. Lastly, I have to agree with Gino that this is a very simplistic style and appeases really to one demographic. I'd like to see a variety of styles and creativeness with the decorative assets/apartment layouts. This is a digital world after all where creativity is limitless. I am very disappointed that this wasn't properly organized because this is something I want SO badly.

Vote: NO What is the demand for virtual apartment buildings? Do you have an existing consumer base that has asked for this sort of product/service? The hallway is the most curious part of your design. Hallways are a necessary means of getting to an apartment but what utility do they have in a virtual realm? Couldn't an NFT holder walk into the lobby of the apartment and then be transported to their apartment? With instancing couldn't the structure look like anything and not be bound by a physical architecture layout?

It actually feels backwards for me to be voting NO on this since it's something I want! But as others have stated, selling NFTs could fund the project. Depending on price, **I would buy one**.

Voting No because: 1. You can generate revenue by selling the apartments 2. Why on earth we would have non-appealing north-American style skyscrapers in the metaverse when we could have gorgeous buildings of all sizes and shapes without physics constraints?!?!?!?!!?

[quote="HPrivakos, post:2, topic:17396"] As the project is being heavily funded by the DAO, wouldn’t it be more fair to send 100% of the revenue to the DAO until it’s refunded, then send 5% forever to the DAO as a thank you for the startup money. Will that project be fully open source? [/quote] what a nice idea! :sunglasses:

It seems to be a very cool project, but it seems you don't really need a grant. You already have a way to generate revenue by selling 10k NFTs. I feel like that grant is just giving money to your company without anything in returns. (Refunding a grant should be a minimum to do (which you would do), not something the DAO should be grateful for.) As the project is being heavily funded by the DAO, wouldn't it be more fair to send 100% of the revenue to the DAO until it's refunded, then send 5% forever to the DAO as a thank you for the startup money. Will that project be fully open source?