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XBorg XBorg by0xa8AD3b7407031091F27af3BFeDF170eDC77Cf761thefitzroy.eth

XIP #1 - Private investment opportunities

Voting ended over 3 years agoSucceeded

The proposal

  • Our core team originally planned to offer the holders of our NFT Prometheus their first investment opportunities in November 2022 through a proprietary Launchpad.
  • We suggest launching the private investment opportunities as early as the week of September 26.
  • Though the investment opportunities would arrive absent from the Launchpad, which is still scheduled for the end of 2022.

The rationale behind the proposal

  • Our network of venture capitalists, business angel investors, and partners provide XBorg with high-quality private market investment deals.
  • Current private market valuations are very interesting and offer our NFT holders a lot of upside potential.
  • To gauge NFT investors' interest in private market investments and establish a track record for bringing on higher-caliber projects.
  • Conducting successful market transactions exclusive to NFT holders has the potential to attract investors and raise the Prometheus NFT's intrinsic value.

The implications

  • There will be an election for the Investment Council. A group in charge of Preliminary screenings, Investment shortlists, and Due Diligence. The council members, which may include the XBorg core team, will be elected through governance actions.
  • Providing early utility for Prometheus NFT holders.
  • Starting the process absent the Launchpad platform.
  • Details such as the investment process and workflow will be disclosed.

We are at the cusp of a future where players are recognized as an integral part of the gaming industry value chain. Allowing players to participate in investment opportunities in projects is a big stride towards this outcome.

Lou | XBorg#6621

Off-Chain Vote

Yes, roll out now
434 XBORG94.1%
No, wait for launchpad
27 XBORG5.9%
Download mobile app to vote

Timeline

Sep 20, 2022Proposal created
Sep 20, 2022Proposal vote started
Sep 23, 2022Proposal vote ended
Feb 18, 2026Proposal updated