Name: Ambassador Program Fund
Term: 1 cycles
Cycle Amount: 15,000 PIV
Total Amount: 15,000 PIV
Author: Ambassador Fund
Receiver: Ambassador Fund
Address: DTKiLQNcgJuFpRFNdrJc2ZVJEffDwybGks
Created: May 11, 2025
_______________________________________________________
Hello PIVX Community,
I am pleased to submit a proposal to create a dedicated support fund to assist in the development of our Ambassador Program. This fund will be essential in providing financial support and incentives for our current ambassadors, as well as encouraging new recruits, as we prepare to launch and scale our pilot program.
Objective
The primary aim of this fund is to ensure that the program has the necessary resources to motivate, reward, and sustainably support ambassadors during its initial phases when and where we need them. Our goal is to develop a clear plan for the fair and transparent distribution of funds within one month.
Rationale
At this stage, it is anticipated that there will be no expenses incurred from this fund during the upcoming month. Instead, the fund will serve as a financial reserve, positioned to support the program's launch, incentivization efforts, and recruitment initiatives once the pilot is underway. Ideally, within four weeks, we will have a clearer understanding of the monthly funds required to sustain the program effectively.
In the meantime, to avoid placing unnecessary strain on the fund, I believe it is prudent to initially allocate resources gradually and to initiate the fund now to ensure readiness for future needs.
Plan for Implementation
Establishing this support fund is a strategic step toward building a motivated, engaged, and expansive ambassador community. It will help us efficiently launch and sustain the pilot program, incentivize participation, and lay the foundation for ongoing growth. I look forward to working together with everyone to make this initiative successful.
Thank you for your continued dedication to PIVX.
- RedByrd
Term: 1 cycles
Cycle Amount: 15,000 PIV
Total Amount: 15,000 PIV
Author: Ambassador Fund
Receiver: Ambassador Fund
Address: DTKiLQNcgJuFpRFNdrJc2ZVJEffDwybGks
Created: May 11, 2025
_______________________________________________________
Hello PIVX Community,
I am pleased to submit a proposal to create a dedicated support fund to assist in the development of our Ambassador Program. This fund will be essential in providing financial support and incentives for our current ambassadors, as well as encouraging new recruits, as we prepare to launch and scale our pilot program.
Objective
The primary aim of this fund is to ensure that the program has the necessary resources to motivate, reward, and sustainably support ambassadors during its initial phases when and where we need them. Our goal is to develop a clear plan for the fair and transparent distribution of funds within one month.
Rationale
- Incentivizing Current Ambassadors: Providing rewards and support to our existing ambassadors to sustain their engagement and efforts.
- Attracting New Recruits: Offering incentives that encourage new members to join and actively participate in the program.
- Supporting Pilot Development: Ensuring the initial rollout of the pilot program is adequately funded to maximize its success and impact. (TBD on development requirements)
- Flexibility and Responsiveness: Having a dedicated fund allows us to respond quickly to emerging needs and opportunities, fostering growth and engagement.
- Transparency and Oversight: All fund activity will be transparently reported on a monthly basis, with oversight shared among trusted community members to ensure proper management. I have spoken with @Liquid369 & @Hawtch and plan to share the details of the wallet with both to ensure full transparency and also to have a member in place to allocate appropriate distribution if I am unable too.
At this stage, it is anticipated that there will be no expenses incurred from this fund during the upcoming month. Instead, the fund will serve as a financial reserve, positioned to support the program's launch, incentivization efforts, and recruitment initiatives once the pilot is underway. Ideally, within four weeks, we will have a clearer understanding of the monthly funds required to sustain the program effectively.
In the meantime, to avoid placing unnecessary strain on the fund, I believe it is prudent to initially allocate resources gradually and to initiate the fund now to ensure readiness for future needs.
Plan for Implementation
- Next Month Goals:
- Develop a detailed plan for fund allocation to support current ambassadors and onboarding of new recruits.
- Establish criteria and guidelines for incentive distribution.
- Implement a transparent reporting process for all income and expenditures, to be reviewed monthly.
- Oversight & Reporting:
- Access to the fund will be shared with trusted community members to maintain accountability.
- Monthly reports on all income and expenses will be openly shared, ensuring transparency and community trust.
Establishing this support fund is a strategic step toward building a motivated, engaged, and expansive ambassador community. It will help us efficiently launch and sustain the pilot program, incentivize participation, and lay the foundation for ongoing growth. I look forward to working together with everyone to make this initiative successful.
Thank you for your continued dedication to PIVX.
- RedByrd
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