XIP #6 - XBorg Ventures

Summary XBorg, as an organization, has offered various ecosystems and games services that can otherwise be monetized. Adding a new monetization model will allow us to redistribute value to our players and ecosystem and strengthen our treasury in the short, medium, and long terms. That is why I propose the creation of XBorg Ventures.

Motivation As XBorg has expanded, it has offered various services to games, organizations, and communities on gratuitous bases. From our due diligence to game development advice for early-stage projects, all have been conducted at no charge. Though it is true that at a stage, XBorg needed to establish itself, that time has now passed, and we are at a stage where we should treat our ecosystem offerings as a service and begin to monetize our various offerings in order to strengthen our ecosystem and treasury. Therefore I suggest the creation of XBorg Ventures.

Specifications

• The Venture will be run and managed by @Saam | XBorg, the Investment lead at XBorg.

• The sub-branch of XBorg will oversee the creation of appropriate revenue models and securing opportunities that will generate revenue for the XBorg treasury.

• The focus will be initially be in consultancy and advisory services, conducting due diligence and development advisory services.

• There is also a long-term vision for this sub-branch, where it will have a separate treasury that will oversee investments for the benefit of the XBorg ecosystem.

Benefits

• Experiencing the value we generate for other ecosystems and strengthening the XBorg treasury. Additionally, it can be achieved at very low to no cost for our ecosystem.

Drawbacks

• In order for it to scale this sub-branch, XBorg will have to allocate resources and funding. However, this will be in the medium term. Should the business not incur any meaningful revenue in 6 months, it will be dissolved, and resources will be redistributed to meaningful initiatives.