What's new

Ended PIVX Labs Expansion

PIVX Labs

Administrator
Staff member
Code:
Name: PIVXLabs-Sep-Nov21

Term: 3 Cycles

Cycle Amnt: 1500 PIV

Total Amnt: 4500 PIV

Authors: JSKitty, SnappySnap

Receiver: PIVX Labs

Address: DLabsktzGMnsK5K9uRTMCF6NoYNY6ET4Bb

Created: 2021-08-30

Status: Live Proposal

Vote Hash: 3e0f6cfaa978d0c5d5ccfa164290681a67c609430ddfd988c949a714246593b2



Abstract

This document outlines the funding for PIVX Labs, which to this point has been a 100% community volunteer consortia of individuals building various tech, features, and engagements outside the scope of the core PIVX wallet.

We are individuals who have given our time and energy to develop third party applications for, marketing for, and integrations for PIVX.

Our intention is to begin to formalize the PIVX Labs environment more, being able to cover some basic costs, and begin to build out parallel marketing and awareness strategies for various PIVX Labs products. The flagship product being mypivxwallet.org, which we feel can lead for adoption in many areas with lower access to technology and hardware, allowing for individuals with flip phones to participate in the PIVX network, earn rewards, AND (soon) privately exchange for BTC as may be needed.



Previously Delivered Projects

To date, PIVX Labs members have created such features as the PIVX tipbot, PIVX radio, PIVX tango voting, MyPIVXWallet, and most recently, the PIVX Transaction Visualizer.

Current on-going projects:

  • My PIVX Wallet (MPW) - The wallet of the future - Receive, Send, Stake and Exchange using a completely decentralized, open-source, battle-hardened PIVX wallet.

  • PIVX BitListen (Name TBD!) - Listen to the heartbeat of the PIVX network: Blocks and Mempool Transactions each have a unique sound based on their traits (size, freq., amount).


Communal Governance

PIVX Labs places utmost importance on the community sentiment for PIVX's development direction, and as such, PIVX Labs will host it's own governance methods for all members of the PIVX community, wherein members may vote additional importance for an existing PIVX Labs project that interests them, or suggest new projects entirely, or vote on implementing (or refining) existing features within a specific PIVX Labs project.

PIVX Labs will maintain and develop projects outside of this scope, however, the focus of the team will remain in the community's hands, and funding will be appropriately directed towards community-led endeavors.



Term and Format Commitment

The intention is to begin ongoing 3 month sprints of development and marketing.

The first 3 months (covered by this proposal) will be used to engage in the following:

  1. Developing the PIVXLabs.org website.
  2. Finalizing the private PIVX/BTC swaps through mypivxwallet.org.
  3. Implement Cold Staking into mypivxwallet.org.
  4. Engaging a creative to prepare tutorial videos of mypivxwallet.org.
  5. Compiling FAQ & necessary documentation of mypivxwallet.org to prepare for broader promotion online.
  6. Refine the PIVX Transaction Visualizer.


This 3 month sprint allows for a more fluid evaluation of fund usage (outflows, requirements).



The format for these proposals will be as follows:

  • Each member of the PIVX Labs team will be listed.
  • Their roles and responsibilities will be listed.
  • Any member notes, changes, exceptions will be listed.
  • Extra funds (if any) will be rationalized.
PIVX Labs members will not be reporting hours worked, and task specifics will NOT be required in monthly reports so as to not burden the volunteers with unnecessary busywork. However, macro-level reporting of:
  • Funds Available.
  • Funds Used, and the reasoning behind the usage.
  • Initiatives Started (if allowable, as some may require elements or privacy until their release. In these cases, the PIVX Labs team will provide a high level redacted summary of any of these initiatives)
  • Light progress summaries of on-going project developments as-and-when time is available to do so: examples of prior progress reports.


PIVXLABS RESPONSIBILITIES

All PIVX Labs Team members are to participate in the general work of building PIVX Labs and products, as well as participate in internal team meetings with reliable frequency.

The following initiatives may fall under the care and responsibility of PIVX Labs:

Designated 3rd party tech features (wallets, etc)
PIVX Labs Website maintenance
Marketing boosting (by providing products/services for general marketing)
Partnerships / Alliances (integrations of PIVX Labs products)

JSKitty will assume point of contact for development/developers in the PIVX Labs ecosystem.



PIVXLabs Allotments

The PIVX Labs Team is receiving the following their work from the DAO’s budget:
  • SnappySnap - General Support, marketing, networking (0 PIV)
  • JSKitty - Lead Developer (0 PIV)
This leaves 1.5k per month of discretionary PIV available for contract work as needed, or to engage other developers as needed for the advancement of the PIVX Labs ecosystem and products.

Total Per Cycle: 1500 PIV



Donations and Receiving of Additional Funds

Any funds received by the proposal payout address from any source other than the PIVX network’s in-built budget distribution system will be considered as donations to be stewarded in the same fashion as explained above.

For complete transparency, a receiving address for donations is the same as the proposal’s receiving address, and it is the following address: DLabsktzGMnsK5K9uRTMCF6NoYNY6ET4Bb

IMPORTANT NOTE: We DO encourage the PIVX community to additionally donate to this Fund even if it gets funded from the PIVX budget. Be assured that every single additional PIV donated to this fund will be used in the best possible way to increase the use, adoption, and accessibility PIVX - which will correlate into price action.

Funds are being received to the active staking wallet, in order to increase the PIVX Labs funds further while funds are waiting for deployment.

The PIVX Labs team reserves the right to decide for ourselves the area(s) of focus that may or may not be added due to an increase in funds received, as well as the priority of any such added areas of focus.



* The budget submission fee is not included within the proposal, and will be absorbed by PIVX Labs even if the proposal passes.



Voting

To vote yes:

mnbudgetvote many 3e0f6cfaa978d0c5d5ccfa164290681a67c609430ddfd988c949a714246593b2 yes



To vote no:

mnbudgetvote many 3e0f6cfaa978d0c5d5ccfa164290681a67c609430ddfd988c949a714246593b2 no
 
Last edited:

PIVX Labs

Administrator
Staff member
1631113761781.png



In collaboration with the Marketing BizDEV Blitz (MBD) team, PIVX Labs will receive it's first full month of funding via subsidy from MBD's budget, this was done to optimize the PIVX Governance budget and grant a higher yield from the decentralized treasury for all proposals in the ecosystem, this had the unfortunate but necessary downside of temporarily downvoting the PIVX Labs proposal, and this will remain until the PIVX Governance budget frees up enough funding for PIVX Labs to utilize for ecosystem development.

Not to fret! PIVX Labs is in safe hands and our proposal is still alive, it will only remain in a lower priority state until the budget is capable of fulfilling more proposals, if the PIVX Labs proposal had passed, it would have left roughly 900 unclaimed PIV in the governance system, so in the end this was more beneficial for the ecosystem and for all funding initiatives.

Thank you all for your strong support! 🚀
 

PIVX Labs

Administrator
Staff member
1631789874401.png



PIVX Labs, in a 50/50 collaboration with the generous Marketing BizDEV Blitz (MBD) team, has funded and assisted a listing on Cryptwerk.com, a website which acts as a global directory of businesses and services accepting crypto, and in this case, PIVX itself!

PIVX Labs has pushed for this listing to place a new importance upon PIVX's merchants and services, a central and highly informative location to discover merchants, services, exchanges, physical and digital stores, all accepting PIVX.




What have we achieved from the listing?

A compilation of:


A chart of businesses accepting PIVX over-time.

1631790711006.png




A chart of PIVX merchant adoption by countries.

1631790816600.png




A world map of PIVX adoption by physical locations.

1631790944915.png



We'd like to HIGHLY encourage ALL services; services, exchanges, etc, to upload their service to Cryptwerk.com, this will help both PIVX and themselves.
- The merchant: gains visibility in the PIVX community, reviews and rankings on a public PIVX directory.
- PIVX: accelerates in physical adoption worldwide, ranks higher against other coins for adoption, and thus makes PIVX more viable as a currency.




Gratitude to the Marketing BizDEV Blitz team for their generous funding assistance alongside PIVX Labs!
 
Last edited:

PIVX Labs

Administrator
Staff member
1636043035133.png




Hello Pivians! PIVX Labs has achieved some major milestones in the past few months, and we'd love to share them with you in one lump-sum report.


Let's dive in!



My PIVX Wallet: Cold Staking

After weeks of development, MPW has finally released it's new, slightly-experimental Cold Staking integration:
This allows Pivians to stake their PIV on ANY device capable of browsing the web!

MPW Cold Staking has a different philosophy to PIVX Core:

We've prioritized UX by sacrificing the more complex features, such as UTXO Management, fully automating them behind-the-scenes,
and transforming Cold Staking into a seperate balance entirely, this seperates your "Spending" wallet from your "Staking" wallet!

This removes the precise control that many Core users have learned to enjoy, but we believe it's a necessary move to broaden PIVX's audience
and allow onboarding new users to PIVX with as little steps as possible, adding no more complexities than what's necessary.

A screenshot of the early, in-development Cold Staking prototype, provided by wallet tester MagMagik:
1636044253994.png




PIVX Merchant Adoption: Cryptwerk.com

The initial launch of the Cryptwerk.com Merchant initiative listed 105 merchants, all of which signal their acceptance of PIVX via the CoinPayments plugin.
Since then, PIVX Labs has engaged directly with numerous merchants and stores, giving hands-on integration advice, plugins and listing them onto our Cryptwerk.com merchant directory.

Some of those Labs-engaged merchants are:​

Since the initiative started, PIVX has gained:
+17 Merchants

As indicated by CoinPayments and CryptocurrencyCheckout integration numbers, aggregated by Cryptwerk.com

1636047499848.png




PIVX Bitlisten

This is a small, quick project that allows users to watch - and listen to - the PIVX Blockchain in a new and unique way.
It visualizes PIVX real-time Transactions and Blocks with visual bubbles and audio tunes, size and pitch being based on the properties of
them, such as the value transacted, the size of the block, and more.

Under high transaction volume, PIVX Bitlisten will play harmonic tunes... or it could sound like nails against a chalkboard, depending on your settings.

1636047628462.png



PIVX Labs: Budget Proposal

The first three months of PIVX Labs fundraising were an outstanding success, and with this success...
PIVX Labs will not be creating a second proposal.

We have now accumulated a total Labs Treasury budget of 4523.99 PIV, visible on the PIVX Explorer.
As of today, PIVX Labs has abstained from unnecessary spending, saving and staking all accumulated PIV thus far,
launching 3 successful initiatives with nothing but raw volunteer power.

As such, we believe it is unnecessary to accumulate further PIV from the budget system and that we can successfully sustain the project as-is.
For the next foreseeable 3 months, we will instead allow the MBD team (and other marketing initiatives) to take priority in the budget system.
We thank the MBD team for helping bootstrap PIVX Lab's funding at launch, and all donators for making it possible to sustain the project so far.

We would also like to give our gratitude to member @Monitee for donating a large amount of PIV towards MyPIVXWallet developments, such as Mobile development and more.


PIVX Labs will be launching an incentive initiative for frontend developers to improve MyPIVXWallet over the next few weeks, polishing the UX, preparing for a mobile-first layout, which will lay the foundations of MyPIVXWallet developing it's own in-house mobile app wrapper for iOS and Android, stay tuned for more info on this in the future.

See you again soon!

- Love, Labz. 💜
 
Top