Context: Moai Labs is a web3 development agency incorporated in Nevis. Over the last several months, Moai Labs has provided:
Epoch Island website creation and management Epoch Island vEPOCH Smart Contract Development Epoch Island Dapp Design and Front-End Epoch Island Token Design Epoch Island Discord Management Epoch Island Twitter Management Recruitment of 50+ potential Epoch Elders Facilitation of 5+ high quality security audits
This proposal is a request of 7.5M EPOCH tokens to be paid for all past work and services in getting Epoch Island to this point.
In addition to past work, pending the approval of this proposal, Moai Labs will deploy a fully audited version of the ITO Protocol. The ITO protocol is a risk-mitigated crowdfunding mechanism that allows anyone to lock in tokens and receive upside in another token. (To see an example of how the ITO Protocol could function, go here: https://twitter.com/EpochIsland/status/1721921887121674364) Additionally, in this deployment, the ITO protocol will have a fee switch controlled by Epoch Islanders. Any fees generated from the ITO protocol are directed into the Epoch Island Treasury and can be distributed to vEPOCH holders.
Reasons to support this proposal:
Onwards, Moai Labs LLC