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THE ProtocolTHE Protocolby0x765ee86c52345B1360239cAC9041204C336dF5930x765e…F593

$THE PROTOCOLIZATION BLUECHIP PROPOSAL

Voting ended almost 3 years agoSucceeded

Protocolization aims to utilize a percentage of the available project funds, and community individual investors funds to invest in small-cap, high-potential cryptocurrency projects. The chosen projects will receive a “blue-chip stamp” from THE PROTOCOL, signifying their quality and potential. Profits generated from these investments will be distributed to stakers, incentivizing participation in the project.

The investment process will be community-driven, with the DAO playing a crucial role in voting on potential projects. This approach aims to increase collaboration and hype between project communities, raise funds , benefiting stakers and encouraging users to purchase NFTs for boosted rewards.

Collaboration: Protocolization will foster partnerships and collaboration between THE PROTOCOL and other promising projects, creating a network effect that benefits all parties involved.

Community engagement: Involving the community in the investment decision-making process will boost user engagement and foster a sense of ownership within the community. -Increased staking incentives: By distributing investment profits to stakers, more users will be incentivized to participate in staking, resulting in a healthier project

Boosted NFT sales: As stakers seek additional rewards, demand for NFTs from THE PROTOCOL’s collection will likely increase, raising funds for further development and investment.

Credibility and exposure: Successful investments in high-quality projects will build THE PROTOCOL’s credibility and attract more users to the platform.

Quality audit: Protocolization will be perceived as a quality audit for the tokens that receive the “blue-chip stamp,” making them more attractive to potential investors and encouraging projects to seek collaboration with THE PROTOCOL.

Influencer engagement: By engaging with influencers who are promoting specific tokens, THE PROTOCOL can ask about the potential of protocolizing those tokens, which may result in the influencers promoting both projects in a mutually beneficial way.

Crypto hub and ecosystem: Protocolization serves as the first step of our journey to make THE PROTOCOL a go-to place for all things crypto, making THE PROTOCOL a crypto hub and building a whole new ecosystem of high-quality projects. By spreading the protocolization across different sectors, THE PROTOCOL aims to become THE platform where all communities unite .

Profit sharing and reward distribution with holders are as follow:

  1. Every THE token holder who staked his/her token in staking pool will get share from the profit we’ll earn and also if he/she is also staked The NFT in staking pool than he/she will earn more share of profit
  2. All profit we $THE team will earn by investing or partnering with other project. 50% from that profit will be shared with $THE stakers and remember this is the free money that every $THE token staker will get For calculating your reward use: Your share of profit = Total Shared profit x your share of staking pool/Total staking pool
  3. If someone don’t want to stake $THE token but still want share of profit from blue-chip than for those members we’ll make a new fund called “THE BLUECHIPFUND” members can deposit their funds in that pool and team will use that for investing and share 70% profit with members who provide funds you can calculate your share as: Your share of profit = Total profit shared x Your investment/Total Cash in pool
  4. 70% of Profit earned from “THE BLUECHIP FUND” investment will be shared with fund providers, 10% will be used for future investments and 20% will be reserved in THE treasury
  5. 50% of profit earned from The team investment will be shared with THE token stakers, 15% will be used for promotion, 10% for monthly lottery, 15% for development and 10% will be reserved in THE treasury

Off-Chain Vote

I agree
14.29M THE93.3%
I disagree
1.03M THE6.7%
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Timeline

Apr 06, 2023Proposal created
Apr 06, 2023Proposal vote started
Apr 15, 2023Proposal vote ended
Oct 26, 2023Proposal updated