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Based LoansBased Loansby0x7c23Ec85618C51Ab13310df4aAe8bc2DC9Cd4D380x7c23…4D38

BLIP 420-Rugs Engineer

Voting ended over 4 years agoSucceeded

PROPOSAL: 500,000 BLO to be distributed to a wallet (theskeletonkey.eth) controlled by Based community manager, Kernel Wildfire

The Based community has worked together for the last three months to create Based Rugs, a decentralized NFT platform. The community has nearly finished Rugs. This includes a frontend, backend (with IPFS database), and recruitment of more than 30+ artists. We are in the works with two protocols for future integrations of Rugs into their galleries. However, we have not received the smart contract work, so we need to hire another contractor to finish this.

We are requesting 500,000 BLO to hire a smart contract engineer to develop a (1) token contract, (2) governance contract, which the current team is capable of testing and incorporating into the front end and Snapshot.

The community manager will use the funds to hire a smart contract engineer. Any remaining funds will be transferred to the Based Rugs Treasury after launch.

This proposal supplants the previous one, passed on June 20 2021: https://snapshot.org/#/basedloans.eth/proposal/Qmc6bzKNJq3HsMr9p9Nvh5EDCFRvQ3bY7kCemJNz9M8g6D

Off-Chain Vote

Yes
3.09M 41.9%
No
4.28M 58.1%
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Timeline

Jun 28, 2021Proposal created
Jun 28, 2021Proposal vote started
Jul 01, 2021Proposal vote ended
Oct 26, 2023Proposal updated