by
0x1123…0000
Should we do the 100K ETH Experiment?
Voting ended about 4 years agoSucceeded
TLDR:
- Blockzero Labs has nominated a total of 125 communities, builders, and content creators across the decentralized world. These individuals and groups are eligible to claim 1 XIO Option token.
- There are only 100 XIO Option tokens in existence. These tokens will be redeemed on a first-come-first-serve basis.
- The XIO Option tokens are convertible up to 10M XIO tokens based on our primary KPI. Our primary KPI is the Total Liquid Value (TLV) inside the Blockzero Vortex — a decentralized venture fund.
- These Options will be 100% convertible once the Vortex reaches a Total Liquid Value (TLV) of 100,000 ETH. At this time, one Option is worth 0.069168 ETH ($172.92).
- If the market cap of XIO becomes equal to the TLV of the Vortex at the time we hit our primary KPI, one Option would currently be worth 250 ETH ($625,000).
Link to full proposal: https://medium.com/bombx/the-100k-eth-experiment-f8cbf23b4838
Discuss at: https://discord.gg/JzugCwWqS2
Off-Chain Vote
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- Author
0x1123…0000
- IPFS#QmV3UZms
- Voting Systemsingle-choice
- Start DateJun 17, 2021
- End DateJun 24, 2021
- Total Votes Cast3.57M
- Total Voters44
Timeline
- Jun 17, 2021Proposal created
- Jun 17, 2021Proposal vote started
- Jun 24, 2021Proposal vote ended
- Oct 26, 2023Proposal updated