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CyberTime FinanceCyberTime Financeby0xb77549FD4D20b6FCeeA883ecE79b5e593dcca37D0xb775…a37D

Formation of a DAO Reserve Fund

Voting ended over 4 years agoSucceeded

CyberTime is going through some tough times right now. A series of events has brought prices back to the levels where we started. The long launch of the platform, the weak marketing, the exit of our top holder. Some already think that CyberTime is dead and has no chances to come back. However, challenges have only hardened us and we have become even more aware of our uniqueness. This is the NFT Fantasy League run by the community, not by venture capital funds. We understand the goal, and our team is moving only forward!

On June 11 there will be a community sale for the new token and we want to run a massive advertising campaign. But we need funds for that. So we want to hold a DAO vote to create a reserve fund from NFTL.

Right now the NFTL tokenomics look like this:

  • 35% Crypto Artists
  • 35% Fantasy League
  • 30% Farming

We suggest to allocate 10% of NFTL into reserve fund which will help to develop the project. The new structure will look like this:

  • 30% Crypto Artists
  • 30% Fantasy League
  • 30% Farming
  • 10% Reserved Fund

We are not going to use all the funds at once, but to spend now from 3% to 10% of the formed reserve fund on marketing.

Where are we going to spend this money? If possible, we will negotiate with all the platforms to pay for NFTL and to have them frozen for 30 days or more.

  • Buy posts in Airdrop accounts
  • Run ads on BSCscan
  • YouTube reviews
  • Reddit posts
  • Run ads on http://dapp.com/
  • Negotiate Twitter, Instagram, TikTok and Telegram posts from Miloud

Off-Chain Vote

Yes, form a reserve fund
11.62K 100%
No, don't change tokenomics
0 0%
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Timeline

Jun 09, 2021Proposal created
Jun 09, 2021Proposal vote started
Jun 10, 2021Proposal vote ended
Oct 26, 2023Proposal updated