# PΞACHES: 2024 Planning ## Close 2023 **Post mint/redeem actions** - 2023 recap content - tweets/telegram/content for the website - worth doing a blog post? Yes! - genesis member benefit announcements - 2024 holder discounts - 2024 Season kickoff event access - DAO membership/Lease-a-tree/token tease? - Other? - website revamp for off season - almanac with 2024 season info - Treasury management - pay expenses and leave a pot in the multisig for now **Off-season engagement** - Don't need much - message is `we move with the farmers` - Maybe consider some teases as we plan 2024 more - A snapshot or two for fun? - do we tease Orchard Tycoon idea to see if people dig it? - YES! ## 2024 Ideas **2024 Peach Sale** - Slightly updated artwork - background, new traits? - Contract adjustment learning from 2023 - Discounts for 2023 holders - redeemed vs. unredeemed **Lease-a-tree game / Orchard Tycoon** - DAO and token are launched inside this context - DAO launch (The Pit) - Some funds in non-ragequitable safe - project team holds larger share count - 2023 nfts TBA get 1 share - Fixed supply, transferrable loot token ($PEACH) - 2023 holders can claim a % - Safe holds the remaining supply - Token sale to kick-off game/tree leasing - Some percentage - yeet with eth - DAO creates liquidity pool for another place to get $PEACH - Reserve some trees in an orchard - $PEACH holders can lease a tree for a year - Profits returned to the leaser in $PEACH Economics - One tree produces approx. 1-2 boxes of peaches - Variables include age, height, fertilization, variety - One box = ~35 Peaches - How to price? - Priced in $PEACH based on expected Peach output? - Rewarded in $PEACH based on actual output? - Additional payout based on how many Peach Boxes sold? - Provide all tree owners with a referral code so we can track? - Sell your peaches back to the farm for $PEACH or redeem for actual peaches (discount on NFT) - Buy extras like fertilizer? - Pay an higher farmer tax to incentivize? $PEACH as primary Orchard Tycoon currency. - Seasonal cap of $PEACH payout available. Everyone is playing against the same pot of $PEACH available. The pot grows with each PEACHES NFT sold. - Total cap grows with each PEACHES NFT sold. - Use $PEACH to purchase trees and NFT extras like fertilizer, farmer focus, etc. - These must be staked to activate. - Each extra adds a multiplier to your final $PEACH reward against the total cap - More trees require more extras - The amount and the duration staked is important - Fertilizer only lasts a certain amount of time and expires after being staked for a certain duration? (Can this even be done?) - Tree sales open before PEACHES sales? **2024 Kickoff Farm Dinner** - In Palisade **Questions** - What network for 2024 sale and game/token? - Grant to build on base or OP? - Base is welcomed to the optimism governance council; they received a grant that will allow them to participate for the next 6 years. They are not entitled to voting badges. They will be participating in TokenHouse governance. Comments open on Base’s proposal on how they can/should participate. - **Economics** 1 Peach Tree = 1-3 Boxes of Peaches = 35-105 peaches 1 Box = ~35 peaches = 20# = $35 Max raw peach value from one tree = $105 Avg raw peach value from one tree = $70 Min raw peach value from one tree = $35 Value of 1 peach from a box = $1 Peach Shippers = 13 Peaches = 2 shippers per Box Max shippers from one tree = 8 Avg Shippers from one tree = 5 Min shippers from one tree = 2.5 (partials?) Retail price of one Peach Shipper = $160 Cost/value of peaches in each shipper = $17 Value of 1 peach in a shipper = $1.30 Cost of shipping/packaging = $60 Profit from one Peach Shipper = ~$80 Max potential profit in peach shippers (8) from one tree = $640 Avg potential profit in peach shippers (5) from one tree = $400 Min potential profit in peach shippers (2) from one tree = $160 Max peach value/cost of shippers (8) from one tree = $136 Avg peach value/cost of shippers (5) from one tree = $85 Min peach value/cost of shippers (2) from one tree = $34 Potential Tree NFT Value in peaches: $34-136 Potential Tree NFT Value in shipper profit: $160-640 Base Tree NFT Purchase Price = $160 ($136+ 20% overhead for farmer) = same price as a shipper? - Passive ‘farming’ alone can potentially earn back the base price - but will likely be a loss - Based on the Peach value produced from one tree - Profit requires the buyer to market and sell shippers of their own peaches - Referral / affiliate code given to every tree NFT buyer. Each code is only usable up to 8 times (representing the amount of shippers that are potentially available from one tree). - Each referral results in 40%? profit share to the tree NFT holder. - Do we actually track and monitor real trees of just randomly generate results based on what we know to be the standard peach output for a single tree? ## Orchard Tycoon - NFT Only **Tree NFTs** - Timed Sale - can only buy before blossom - Capped Supply - Cost based on x peach boxes - 4 states for art/seasonality - raw - blossom - early leaves/small peaches - peaches/harvest ready - 2 peach nft released in each state - each peach nft reps a peach shipper - tree owner can take action on peach nfts - claim (mint to themselves for free) - sell - ups the potential that can be minted - track this and they get the mint price (minus fees) when this one is sold **Peach NFT** - mint window - opens at blossom - redeem window - opens at harvest - price changes based on seasonal steps - supply changes based on farmers selling the peaches **Other** - Peach team can farm a bunch of trees if needed - 2023 peach owners get 10% off tree purchase **Implementation** - Rarible X - Chain - Stables vs eth - More price **Gameplay** ![Screenshot from 2023-12-07 08-49-34](https://hackmd.io/_uploads/ry2RtPJIa.png) **System flow** ![Screenshot from 2023-12-07 08-50-08](https://hackmd.io/_uploads/B1HkqvyIT.png)