XIP #9 - XBG KOL seed round proposal

Summary

This XIP (XBorg Improvement Proposal) suggests a strategic seed round allocation for Key Opinion Leaders (KOLs) between $300,000 and $500,000. These funds aim to engage KOLs within our seed round, using terms aligned with the wider seed round and the community seed round. This proposal is a response to recent concerns about the influence of KOLs on retail investors, notably influencers dumping tokens. As a result, our aim is to improve transparency and better align with our community and holders.

Definition of Key Opinion Leaders (KOLs): KOLs are influencers who have significant impact across various platforms, including but not limited to X, YouTube, TikTok, and others.

Motivations

• To expand the awareness of XBorg, it is imperative to forge partnerships with KOLs whose values harmonise with ours.

• These strategic partnerships aim to augment our presence in the Web3 ecosystem and the broader gaming industry.

• Offering KOLs an allocation within our seed round is an effective way to forge strong relationships with influencers without spending capital.

• This approach also cultivates mutual interests between KOLs, XBorg, and the larger community. KOLs possess a vested interest in promoting and engaging with our platform.

• SwissBorg's extensive influencer network can potentially facilitate collaborations with prominent KOLs, including but not limited to Ivan On Tech, Crypto Banter, and CoinBureau.

Specifications

• This amount will come from the $3 million VC round's allocation, setting aside between $300,000 and $500,000 for KOLs.

• The maximum individual investment for Tier 1 KOLs is $30,000, and $10,000 for Tier 2 KOLs.

• We aim to onboard between 15 and 30 KOLs, maintaining a healthy balance of KOLs' focuses, from crypto to gaming and esports.