---
# System prepended metadata

title: $CHILI Meeting Notes Friday 2021-07-09
tags: [Chili, MetaCartel]

---

###### tags: `MetaCartel` `Chili`

# $CHILI Meeting Notes Friday 2021-07-09
![](https://i.imgur.com/rOVbsh8.png)

[TOC]

## Topics

### What to do with rChili minting
- Currently minting is locked at 188,333ish rChili.
- Impossible to mint more.

### Outcome
- Not minting more rChili. Using the Chuck E Cheese tokenomics.
- There should be sufficient Chili/rChili in circulation for the time being.

### Action Items
- Expand blog post with new talking points and game mechanics
- Release the blog with the release of the new farming contracts and schedule
- Farms being built: Pat, Lou, Chair
    - Will followup with hackmd/forum post with link n deets
- Need consensus, will present at Dao members meeting
- DamagedGoods working on Docs
    - Requests materials sent directly

### Discussion
- Can adjust farm distribution amount rather than create new token
- Option: Don't mint/create more rChili
    - Create super duper MetaCartel NFT, rChili can be redeemed for said Nft
    - This funnels rChili back into the Dao
- Note: "Anyone" can create an rChili project
- Chili Cheese, noted
- The DAO can mint Chili
- Games charge rChili, its recycled
- Metaphor: Paying the game creators in the tokens their game is going to accept.

**Chili**: Token, use this to play the game to get the ticket/rChili
**rChili**: Ticket, spent on prizes
**Prizes**: NFTs, and other things. Nice things.

- Now: Only MC dao and stakers have rChili. To make a game, you need rChili. This is the way it works. MC can make games to attain more Chili.
- A prize (nft) is created, rChili is accepted for the NFT. MC or anyone can do this.
- You need rChili to make a game

### Chuck E Cheese Metaphor
#### Games
Input: Chili
Output: rChili

#### Prizes
input: rchili
output: nft

