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ConvoCoin Marketing Partnership


New Pivian
Title: ConvoCoin Marketing Partnership
Name: ConvoCoin_Marketing_Partnership_1
Term: 3 Cycles
Cycle Amnt: 150
Total Amnt: 450
Author: ConvoCoin by TogaTech
Receiver: ConvoCoin by TogaTech
Address: <TBD>
Status: Draft

This proposal aims to increase PIVX marketing reach and take advantage of the upcoming SHIELD mainnet launch as a way to boost awareness about PIVX. This will be a partnership with ConvoCoin (convocoin.togatech.org), a platform with a reach to thousands of people interested in cryptocurrency that have not yet heard of PIVX and the amazing capabilities of this network.

How ConvoCoin Works
ConvoCoin is both a cryptocurrency and distribution protocol. Through the ConvoCoin Discord bot, currently in numerous cryptocurrency servers with thousands of users, user activity is calculated in a privacy-centric way and filtered through advanced spam detection with 1 minute cooldowns and other mechanisms that prevent gaming the system (more details on convocoin.togatech.org/distribution). Then, ConvoCoins are distributed daily to users based on activity in these servers (out of a fixed daily budget).

What ConvoCoin Will Provide
We will add PIVX to the distribution to allow more users to hold PIVX. Since our distribution is based on genuine activity and interest in cryptocurrency from members, the people who receive more PIVX are the people who are more likely to learn more about the project and contribute to the network and community. Additionally, we will promote PIVX through the bot by adding links to PIVX resources and mentioning the benefits of holding PIVX.

What PIVX Will Provide
PIVX will merely provide the distribution amount, voted on by the PIVX DAO. We will take care of all of the marketing and distribution for the bot by working with server owners to add the bot to more servers to spread PIVX reach. We will also seek opinions about the project and partnership from the PIVX community.

Testing Plan
We will request to add the ConvoCoin bot to the PIVX server so that they can experience how the bot works first-hand. Once users are satisfied with the results, we will continue to the DAO voting and finalize amounts as necessary. We will run the PIVX distribution for a few cycles, and if there are positive results, we will revisit the amounts and consider slightly increasing PIVX distribution to account for more users as well as anything else ConvoCoin can do to help market PIVX (or the PIVX community will decide to discontinue the partnership if they is not satisfied).
Also, some have asked how we plan to measure the impact of this partnership in a privacy-centric way. We will have our own links that redirect to PIVX resources, so we will know how many people choose to take a look at the PIVX resources. Additionally, we will have very transparent reports of how much PIVX was withdrawn from the bot. Withdrawing PIVX to one's own wallet is a sign of interest in the project. We are open to other suggestions to report metrics on how this partnership is beneficial.
See someone donated 100 piv. I will donate the other 50 when I'm at computer later then we can see a month and decide
Hey! Hope your well How's this going?
Sorry I did not see this earlier! I'm not super active on the forums.

ConvoCoin has reached over 6500 users! That's over 6500 people new to PIVX who are holding their first PIVs. We think that this low-cost solution has been extremely effective in gaining new users and spreading the word for PIVX. Moreover, around 1000 of these users took the time to visit the PIVX website and take a look, showing that they truly care about this coin.

Due to recent price increases, we are able to lower our operational costs from 150 PIV to 100 PIV. We did have to upgrade our servers to handle increased load, but we were able to reduce total expenses to 100 PIV per month. Since the cost is so low, and given the cost to submit a proposal is 50 PIV, we do not think it is worth it to submit a formal proposal and will depend on the community's generosity to support this project.

Amount: 100 PIV
Address: DTuBNDkps6DaBAEC7UHt93aGZVHgA7jgKC

Please send 100 PIV per month to the above address to continue to support the project. Thanks so much!