[Parcel Zero] costs CityDAO money ($100k annually, according to CIP-112 )
This is incorrect. The money requested in CIP-112 is unrelated and makes no reference to annual costs other than the $2k annual carrying cost estimate that @Fugyeah (and/or @fugyeah1) came up with.
That said, if the DAO doesn’t want to fund Parcel Zero efforts directly, this could be an alternative mechanism to raise related funds. I think this may need to specify that funds from the sale would be transferred to Parcel Zero NFT treasury.
I think Parcel Zero NFT holders would also need to have a say in this though, considering the impact on the Parcel Zero NFT License Agreement.
The actual carrying costs are minimal for Parcel 0, I have seen a lot of people talking about their opinions (fears) on taxes and fees for professional services… lets just focus on facts for Parcel 0 operations at status quo (assuming no improvement or expanded use)
Taxes (2022 Assessment): $600 [can be expected to increase year over year by perhaps 1-2%]
Property Insurance (2022): $525
Parcel Zero, LLC Legal fees (incorporation): $2,000 [note still a little more to come but minimal going forward, such as yearly agent fee of approx $300]
Parcel Zero, LLC accounting fees: none
Operational Expenses: none [excluding dev work on Parcel 0 mint and reveal which are one time sunken costs]
So… Parcel 0 is definitely NOT a $100k/year sinkhole. If we want to increase spending as @DenverCitizen9 suggested that would require new calculations, but as of now, the costs are minimal and it is definitely an asset (not a liability). There is absolutely no current reason to even consider alienating the property.
1000%. Parcel 0 is and continues to be a very useful playground for experimentation, and we are just getting started on exploring decentralized governance. Let Parcel 0 be!
Are either of these actually true? Land has been on-chain since 17/18. “Network city” is a Bijalian Utopia that we arguably are not taking steps towards… our governance remains largely corrupt and incompetent. I see very little innovation precisely because people are holding onto meaningless notions and false ideologies rather than thinking like engineers and investors.