IQIP-3: Incentivize CEXs marketing / listings

Authors

Everipedia Team

Summary

Issue $200,000 equivalent of IQ at time of gov proposal passing in order to incentivize marketing and community activities across different CEXs.

Background

IQ has been EOS native until we recently moved to a multichain structure in preparation for launching our native Brainchain later this year. The goal of the IQ community should be to make IQ tokens extremely liquid and attainable in as many ecosystems as possible. To do that, we must first allocate a certain amount of IQ for community / marketing purposes.

Purpose

In order to achieve IQ being fully functional across different chains we need to incentivize CEXs to market IQ and create community activities.

Benefits

This should overall increase the value of IQ tokens more than the increase in circulation supply as IQ will be used in the growing ecosystems of partner projects. Additionally, the liquidity, expansion to new communities, and brand recognition of the IQ token would likely create substantially more market capitalization and usage in comparison to the small rate increase.