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 sentiment check is to let the community decide how many EPOCH tokens should be paid to Moai Labs for all past work and services in getting Epoch Island to this point.
Reasons to support this proposal:
- Extend Moai Labs Runway
At this point in time, Moai Labs LLC holds zero EPOCH tokens and has not been compensated for any work to date. If Moai Labs is not compensated, it may not be able to keep building for Epoch Island.
- You appreciate Moai Labs
Up until this point, we have appreciated all the Islanders who have supported the creation of Epoch Island. Voting yes for this proposal is a vote of confidence and appreciation for the Moai Labs core contributors.
Additional Notes:
- Using a sentiment check to determine the compensation for Moai Labs is NOT expected in the future. Like any contractor, in the future, Moai Labs will set the value of our services and Epoch Island can accept or reject it. This is the only time we will be taking the value of our services to a sentiment check since we couldn’t vote with vEPOCH until vEPOCH was developed.
- Moai Labs members will not be voting in this sentiment check. Moai Labs members do intend to vote in all other future sentiment checks and proposals, including the follow-on proposal of this sentiment check, as is the right of any vEPOCH holder.
- The amount decided on in this sentiment check will be the average. For example, if half of the votes are for 3 million and half the votes are for 6 million, the average would be 4.5 million EPOCH.
- The amount decided on in this sentiment check will be the amount used in a follow-on proposal that simply asks For/Against/Abstain for that amount of tokens to be sent to Moai Labs.
- If the follow-on proposal succeeds, any amount received by Moai Labs will have a self-imposed vesting of 1 million EPOCH per month with the first million tokens paid upfront. Moai Labs may or may not choose to vest tokens on future proposals.
As always, we hope and expect to see questions on Discord revolving this proposal.
Onwards,
Moai Labs LLC