Solana Monkey Business

    In the business world, the battle between creators and investors normally occurs as there are some policies which seem to be unfair to the investors. As the clash is also happening in the NFT world, the Solana Monkey Business (SMB), one of the NFT project are also facing problem with their communities. In short, some SMB holders believe that the royal fee structure is too expensive and is a major obstacle to trading in a secondary market. Also, a very small percentage of the collected fees has been contributed to the community fund. This issue is getting intense and might lead to the point where the holders are starting to think about dividing the community and 'entangling' their NFTs to evade this royal fee model. Besides, one of the advantages of using blockchain is the community can construct the vote to make a change on the policy they thought it is unfair. Hence, this proposal from MonkeDAO is created as a vote to change the policy of royal fee structure and the funding to avoid the worst outcome.