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m3dao.eth
📌 Completion of Phase 1: Community Decision on Strategic Direction for MCD
We are pleased to announce the successful completion of Phase 1 in the MarsVerse community’s MCD distribution initiative. This milestone marks a significant achievement, with 420,000 MCD tokens distributed to holders based on their UME holdings, highlighting our community’s early engagement and commitment to MCD’s growth within the M3 DAO ecosystem.
The unique attributes of MCD—its scarcity and decentralized structure—position it as a valuable asset within the Web3 landscape. With Phase 1 now complete, we invite you, our community, to deliberate on our next strategic direction. Should we continue with a phased distribution to deepen network participation, or pivot toward a potential exchange listing to enhance MCD’s accessibility and visibility to a broader audience?
This is a defining moment for MCD’s trajectory. Your involvement in this vote ensures our path aligns with the collective vision of the MarsVerse community, grounding MCD’s future in the principles and priorities that matter most to us.
🔸 Phase 1 Results: Summary • Snapshot Date: September 23, 2024, at 9:00 (UTC+4) • Total UME in Network: 22,070,125 • MCD Distributed: 420,000 tokens • Distribution Ratio: 52.547 UME = 1 MCD • The initial phase has successfully laid a foundation of committed holders, fostering long-term loyalty and reinforcing the integrity of our growing network.
🔸 Voting Options:
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Proceed with the continuation of Phase 2 of Distribution:- • Distribute 30% of the total MCD supply (630,000 tokens) after the 90-day period. • This phase will be based on UME holdings at specific intervals, further rewarding dedicated UME holders and enhancing MCD’s strategic scarcity.
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Initiate MCD Listing on an Exchange:- • Listing MCD could substantially broaden its visibility and accessibility, increasing its liquidity • This option would pause further phased distributions, focusing instead on maximizing MCD’s exposure and market presence
🔸 Purpose of Community Vote: • The decision to proceed with additional distribution phases or prioritize an exchange listing is pivotal for MCD and the M3 DAO ecosystem. MCD’s scarcity and decentralized nature have garnered significant community interest, underscoring its potential. This vote offers you, our community members, the opportunity to influence MCD’s path, shaping a future aligned with our collective goals.
📍How to Vote ? • Cast your vote with your Vote 1 tokens (Contract Address: 0x9990B014Df294d3826753c90D9382AAA917eD18c), airdropped to all MCD holders at a 1 MCD : 1 Vote 1 Token ratio. • Connect your wallet and cast your vote. • The option that receives the majority vote will determine our next steps
Seize the Opportunity to Shape MCD’s Future
This decision will not only shape MCD’s journey but will also reflect the values and vision of our entire MarsVerse community. We encourage you to make your voice heard and take an active role in directing MCD’s strategic future.
Your Decision. Our Future !
Off-Chain Vote
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- Author
m3dao.eth
- IPFS#bafkreig
- Voting Systemsingle-choice
- Start DateNov 04, 2024
- End DateNov 07, 2024
- Total Votes Cast4.93K VT1
- Total Voters182
Timeline
- Nov 04, 2024Proposal created
- Nov 04, 2024Proposal vote started
- Nov 07, 2024Proposal vote ended
- Feb 19, 2025Proposal updated