Objectives:
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Minimize the potential conflicts of interest due to a lack of fair disclosures between any of the following parties and Illuvium Labs: Landholders, Founders, Venture Capitalists, Main Council, Department Heads, Lead Core Contributors, Core Contributors, and/or any Sub-councils.
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Define the fair disclosures for Illuvium Labs to supply Illuvium Landholders as it pertains to game mechanics and all relevant variables that impact the management of Illuvium Land NFTs. Establish a regular reporting standard between Illuvium Labs and Landholders.
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Define the appropriate information required for Illuvium Zero patch notes with each update.
**Overview: **
Disclosures and accountability help create a fair and level playing field for all participants. By Illuvium Labs consistently disclosing any pertinent information necessary for Landholders to manage their lands (NFT assets) optimally, everyone has access to the same facts on which to base their Illuivum land management. To not disclose such information, invites suspicion as to who has the information and how it could be used to influence the Illuvium economy with this privilege.
Landholder ignorance of any production or expense variables can negatively impact his/her NFT output performance, this could lead to pursuing a strategy that conflicts with and/or does not align with the logic of the game designed by Illuvium Labs. This may lead to opportunity cost and what some Landholders might interpret as financial harm. This is both unnecessary and adds unwarranted risk to the Landholders, the IMC, and the DAO. By Landholders experiencing lower returns and greater risks it discourages future Land sales, negatively impacting Labs and the DAO.
Disclosing the quantitative model of the input, output, and duration variables allows for non-speculative game play and will accelerate quality feedback for the development time while the game is in its beta state.
**Recommendations: **
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Fair Disclosure Standards to be fulfilled by Illuvium Labs by curating and sharing any relevant information related to the game mechanics and all variables that impact the management of Illuvium Land NFTs that impact the production of elements, fuel, or any future ETH-producing activity.
*Appendix A lists recommended disclosures from the contributors. -
Landholder Sponsor to be named by to interface with the IMC, ICC, and Illuvium Labs, serving as the primary point of contact for efficient and orderly communication to streamline the initial disclosure reporting and ongoing reporting.
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Original Fair Disclosure Standards are to be drafted by the ICC and Landholder Sponsor working in collaboration with the appointed Illuvium Labs representative for accountability related to fair disclosures. Non-technical Landholders should be able to access and easily interpret such reporting so they can manage their land under a prudent standard.
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Regular Reporting by Illuvium Labs will be supplied that impacts the original disclosure and any additional relevant disclosures related to the game’s mechanics that impact the management of Illuvium Land NFTs. The goal is to reach a state that Johnny | Illuvium indicated is feasible with APIs that make this information readable, available, and accessible. Until on-demand reporting is implemented, all changes must be accompanied by patch notes 5 days prior to going live. Changes and the patch notes that accompany them can have impacts on in-game economies; therefore making sure announcements of changes are consistent and timely is important.
Full Proposal can be found here in Google Doc: https://docs.google.com/document/d/1ktSJktz2kQvtAj6cdtWPefm6PSIOIH9voPBkNFc7JgY/edit?usp=sharing
Sponsor: @mellow fossil
Contributors: @late parcel; @native loom; @odd wolf; @opaque sonnet; @wraith warren; @meager crow
--- See comments for Feasibility, Rationale and Appendix: ~~~
Objectives: Minimize the potential conflicts of interest due to a lack of fair disclosures between any of the following parties and Illuvium Labs: Landholders, Founders, Venture Capitalists, Main Council, Department Heads, Lead Core Contributors, Core Contributors, and/or any Sub-councils. Define...