Treasury

The treasury will begin with 6500 SOL (currently valued at $617,678 USD) and $1.5M USD. Furthermore, it will receive 25% of the royalties (8%) from secondary sales. The total trading volume in Solana and USD for the top Solana NFT collections include the Degen Ape Academy (1,080,000 SOL), Solana Monkey Business (847,440 SOL), Aurory (586,380 SOL), Shadowy Super Coder (254,200 SOL), Thugbirdz (144,190 SOL), Cataline Whale Mixer (76,280 SOL), and Boryoku Dragonz (75,490 SOL). With the backers that we have, we expect that our project will be among some of the highest sought-after on the market. We expect to reach a trading volume of at least 200,000 SOL, of which 4000 SOL will go to the DAO (currently valued at $380,216 USD).

As such, even without considering the potential for Treasury appreciation or depreciation through DAO activities, we expect that the Treasury will be valued at approximately $2.5M USD initially. We expect that this valuation will establish a baseline for the circulating market cap of $GLXY once it is listed on DexLabs and Raydium and is available for trading.

The treasury will also receive inflows from secondary sales royalties (25% of 8%; 2% effective) as well as any deals that are brokered by ASTRALS, LLC to license and all any intellectual property that belongs to ASTRALS, LLC for deals that include but are not limited to game development, movie production, and fashion items. Merchandizing sales explored by both the Founders and the community will also add to our treasury. In addition, the treasury will receive inflows from our play-to-earn game. The DAO will also engage in investment opportunities that incubate projects and in-turn accrue funds in the treasury.