Curated Collection Vote

Hinata Foundation
3 min readJul 20, 2022

The Hinata Foundation has been busy during the past few months expanding our team while continuing development on our marketplace for anime NFTs. Currently we are in the home stretch where the real magic happens. As our launch date gets closer we’ve taken a serious look at the wider market to see which NFT projects are a perfect fit for our platform. As part of this, the organization decided to hold an on-chain vote using our non-transferrable governance token held by early project supporters.

How we voted

We have concluded our first DAO vote for the inaugural list of selected Ethereum NFT collections eligible for trading on our anime & metaverse marketplace. The quadratic voting process hosted by Snapshot.org allowed DAO members to narrow down which 25 external projects would be whitelisted for our private alpha phase.

What is quadratic voting and how does the Hinata DAO use this voting strategy for determining important platform decisions such as this?

“Quadratic voting is a collective decision-making procedure which involves individuals allocating votes to express the degree of their preferences, rather than just the direction of their preferences” — Wikipedia

This means that users can split their governance token balance across multiple choices with different weights. For example, you can commit 100 tokens to a few collections, and 500 to your favorite. Given a number of well-thought polling choices, this is much better for returning an accurate result that reflects diverse interests among a large group.

Here are the first 30 projects nominated for the inaugural listing and the voting results for the top 25 in green. All projects will be whitelisted on-chain for secondary sales on the Hinata.io marketplace. We will of course be reaching out to the selected collections and preparing promotional campaigns to help attract users Hinata.

DAO Vote for HIP-1

THE PROPOSAL: HIP-1 proposes 30 top anime and metaverse NFT collections to be voted upon by the Hinata DAO.

https://snapshot.org/#/hinatadao.eth/proposal/0xfb44735bfdfa55f929d2e30e24234d03adbcc6863a82b856a878f51b2d799730

Final results

WAIFU (Hinata Foundation) 40.34%

Metagens (Hinata Foundation) 22.42%

Azuki 7.57%

Killer GF 4.47%

Capsule House 3.63%

The Sandbox Game Metaverse Plots 2.03%

Second Self 1.75%

Project Ririsu 1.64%

Decentraland Metaverse Plots 1.54%

ENS 1.37%

Lives of Asuna 1.37%

Axie Infinity 1.33%

0N1 Force 1.01%

Decentraland Wearables 1%

tubby cats by tubby collective 0.99%

Shonen Junk 0.98%

Doki Doki 0.87%

Anata 0.63%

WrappedEtherWaifu 0.61%

Murakami.Flowers Seed 0.6%

Ragnarok Meta 0.52%

From the Fragments of Tezuka Osa 0.52%

Azuki Beans 0.46%

Otherdeed for Otherside 0.42%

CloneX 0.37%

Timeless 0.37%

Haki 0.31%

Kiwami Genesis 0.31%

Muri 0.31%

Animetas 0.24%

Although Timeless, Haki, Kiwami Genesis, Muri and Animetas did not make our inaugural list, there is a good chance they will all be listed in the not-so-distant future as we open up our platform to more collections and create some exciting promotional campaigns to incentivize trading volume. We expect to vote on new collections every month in smaller batches. Nominees are decided by our community and core members.

The Marketplace

We are currently in the closed alpha testing phase of our marketplace. Select advisors and long-term supporters have been given invites to try the platform as we make some finishing touches before launch. Stay tuned to our Twitter and Discord channels for more information. And remember to catch our weekly Twitter spaces on Fridays where we discuss all things anime NFTs, market conditions, and drop more info about the marketplace release. Our next scheduled space is Friday at 11 AM PST. We hope to see you there!

Signed,

The Hinata Team

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