The ethos of decentralisation and open source code means that a lot of new projects end up trying to reinvent the wheel and ultimately, the majority fail to gain enough momentum, be that because of under-funding when it comes building out tech or marketing resources, or both.
Franchise model solves this as it allows teams, especially early stage, to bounce off strong tech base that is run by established firms (in this case Sushi). Being smaller, means being more agile and nimble, while the core tech might be built/run/services by Sushi, it will allow these teams to enter certain markets quicker and explore partnerships and collaborations that core Sushi team might otherwise find less attractive. But over time, with enough time and partnerships, these new projects operating under “built by Sushi brand” will slowly gain market share and penetrate areas that otherwise would have been captured by Sushi competitors.
We actually run a similar forum proposal back in September (Franchise Model) but a lot has happened since, both in terms of broader market and also Sushi. When we approached Sushi discord server with this, we were met with gatekeepers response - “…Sushiswap is completely open source and can be forked without permission (except Bentobox)…”. Yet another “copy” of Sushi is not what the market needs, we also do not feel that this is particularly conducive to Sushi’s growth as a brand. We ourselves would love an opportunity to enter into a franchise model type agreement and run an offering - “Sushi by team Netherworld”.
We are building a management/tycoon style game called “Land, Labor and Capitol” (LLC), there is land you can buy/sell, you can set up apartments and stores etc and make companies that can sell “stock” on the games own stock exchange. It merges investing and gameplay, everything is also based on fractional ownership, so you can buy fractions of apartment buildings or factories. The idea is to integrate a variety of DeFi protocols/solutions to be part of this in-game experience. Everyone talks about DeFi legos, but what better way to educate and showcase DeFi use cases than in a gamified environment. Tycoon/management style game allows for various use cases such as exchange, launchpad, vaults, borrow/lend, even bonds for in-game assets.
We strongly feel that Sushi’s offering - swap, earn, stack yields, lend, borrow, leverage - works perfectly for such a gamified environment and instead of seeking to reinvent the wheel, we would like to propose a franchise model and run an in-game offering - “Sushi by team Netherworld”.
Franchise model will require projects to dedicate certain % of tokens to Sushi’s treasury. At the same time, certain % to be airdropped pro-rata to a snapshot of Sushi holders. Finally, at any point in time, Sushi governance should be able to decide to dissociate itself from a forking team. Discussion is needed on these points especially.
Yes, let’s get this implemented.
No, we shouldn’t.
- Yes, let’s get this implemented
- No, we shouldn’t