Authors

Weston 0xadventurer

Summary

This is a proposal to the NFTEarth community adjust the initially planned tokenomic allocations.

Background

NFTEarth has gained strong awareness in the web3 space in a short period of time. There have been lots of exciting and positive developments, but as with many new endeavors, costs tend to grow in parallel. The project is in need of resources to continue warp speed growth and operations and as a solution: proposes to adjust the initially planned tokenomic allocation to help find the resources needed, to continue powering the NFTEarth machine to even greater heights. By doing so... it will give the entire NFTEarth community and team a clear possibility to onboard dramatically more people into NFTs, which in turn will increase the value for the whole project. Win win!

Details

This is a straightforward and clear change: Change the allocation of Trading Rewards to 35% and the allocation of Advisors to 15%. No other changes. Please see attached current planned tokenomic allocation visual and the new proposed visual.

Implementation

If NFTIP-2 is approved the team will adjust the token contract allocations as per this proposal and NFTEarth will execute the initiatives discussed in the proposal.

Copyright

Copyright and related rights waived via CC0.