Creation of a Listing Fund for LAND

1. Summary

This proposal seeks the community's approval to create a dedicated fund for listing LAND on various cryptocurrency exchanges. The objective is to enhance the token's visibility, accessibility, and liquidity by broadening its presence across reputable trading platforms. The proposed fund will consist of 400,000 LAND tokens, coming from the unallocated tokens for DAO proposals (see clarification at the bottom), to cover listing fees, marketing, and any associated costs for exchange listings throughout the next 12 months (these listings are additional to the one planned for the first half of 2024). [Personal opinion] I think that if this fund is used correctly and the market conditions are good, we could reach the top 400 in MC and potentially we could see a listing in Binance by first half of 2025! (again, it depends on many factors, not just money)

2. Proposal Details

2.1 Background

As LANDSHARE continues to grow and achieve its milestones, expanding our reach and accessibility remains a critical goal. Getting listed on multiple exchanges is a proven method to increase a token's exposure, trading volume, and investor base. However, the process involves considerable costs, including but not limited to listing fees, marketing, and potential legal consultations to ensure compliance.

2.2 Proposal Objectives

• Increase Visibility: Enhance the presence of LAND in the cryptocurrency ecosystem, attracting new investors and users.
• Improve Liquidity: Facilitate trading and liquidity by listing on exchanges with significant volume and user engagement.
• Expand Accessibility: Make LAND easily purchasable for investors on different exchange platforms

2.3 Fund Details

• 400,000 LAND tokens will be moved from the unallocated tokens to this funds over 133 days (3,000 tokens daily)
• Details on how the tokens allocation works, please see message at the bottom
• The fund will be manage by the core team.
• The funds will be used to cover:
  • Exchange listing fees.
  • Marketing campaigns specific to each listing.
  • Legal and compliance costs associated with listings.
  • Miscellaneous expenses directly related to the listing process.
  • We have to consider that some exchanges ask for project tokens as well as stablecoins, so a portion of the fund has to be sold spot to cover this requirement.

2.4 Reporting

• The use of the fund will be inform periodically to the community, detailing how much has been used on what concept (liquidity, marketing, etc). Of course, without breaking any NDA signed with any exchange.

3. Conclusion

The creation of a listing fund represents a strategic investment in the future of LAND, aiming to significantly enhance its market presence and accessibility. By securing listings on multiple exchanges, we can ensure that LAND reaches a broader audience, improving liquidity and fostering growth. We encourage all token holders to participate in the voting process, contributing to a decision that will shape the future trajectory of our project.

4. Explanation on how the reward and minting functions work

This proposal, as written, would work the following way:

4.1 A new pool would be created with a 3k/day token allocation. Based on the proposal, this would come from the "unallocated" section, and would therefore increase daily mint from 2k/day to 5k/day for roughly 133 days.

4.2 A dev wallet would harvest the tokens from this pool.

4.3 After 400k tokens are harvested into the wallet, the pool would be deallocated.