Title: PIVX Marketing Fund Dec-May 2 2022
Term: 6 Cycles
Cycle Amount: 5000 PIV
Total Amount: 30000 PIV
Author: Jakiman, Ambassador, SnappySnap
Created: 11th December, 2021
Vote Hash: a359fe1120a71c73e6116d12cec6a1b23a14dc097be000107e7155e80df7180a
This proposal is virtually identical to the previous proposals, such as the Marketing BizDEV Jan-Jun 2021. This proposal will NOT be used to pay the submitters, or those stewarding the amounts. This type of proposal which was first introduced in October 2020 was the first of its kind proposal for PIVX that aims to solely put aside 100% of the amount towards PIVX Promotions & Business Development, which may be used to cover such costs as the exchange listing fees, paid promotions and articles, payments for PIVX’s co-operations with well-known cryptocurrency influencers, establish the important alliances and partnerships, trading competitions, supporting the liquidity and trading volume in occasions when there’s a risk of delisting from an important exchange due to low volume, and more. To reiterate, no member of this team will be paid from these amounts. We are strictly volunteers who will give our time and energy to promote, marketing, and integrate PIVX as effectively, efficiently, and loudly as we can while stewarding and consciously directing any required funds as needed for maximal impact.
Key changesSame as the previous proposal, this proposal is again submitted from another wallet as we are transitioning to the new Marketing Fund address which now belongs to another wallet. The reason for that change is that the current Marketing Fund wallet is held only by me (Ambassador), because the current Marketing Fund address belongs to the wallet that I used in the past so sharing the wallet.dat file with the Snappy and Jakiman wasn't possible without compromising my own privacy. Now with the fresh wallet.dat file, Marketing Fund wallet is safely stored and can be accessed by all 3 of us if needed, while I'll still be actively running/staking with both old and the new wallet as long as there are any PIVs left in the current Marketing Fund wallet address and until all the existing Marketing Fund proposals expire.
Previous work reports
Previous proposal was successfully completed. Detailed report what was accomplished can be found below in the comments:
PIVX MBDB Allotment
The PIVX MBDB Team is receiving 0 PIV for their work from the DAO’s budget:
- SnappySnap - BizDev, copy, articles (0 PIV)
- Ambassador - Marketing, articles (0 PIV)
- Jakiman - BizDev, copy, articles (0 PIV)
Before any funds may be released for Marketing or Biz Dev purposes, a member of the MBDB Team must propose (internally) the use of funds, the purpose, and amount. Only a unanimous vote of 3 (the MBDB must be in agreement) will be sufficient for subsequent dispersal of funds.
A ledger and record of these requests and outflows will be made available to the public and may contain redacted information based on any NDAs or time/market-sensitive uses.
Total Per Cycle: 5000 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: DTYUF6atq8gAJnuWy84n1svoNe31oMoMEM
IMPORTANT NOTE: We DO encourage the PIVX community to additionally donate to this Marketing 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 PIVX price. The larger Marketing Fund gets, the more quality possibilities in all mentioned areas above are coming into consideration, which brings endless opportunities.
Funds are being received to the active staking wallet, in order to increase the Marketing Budget further while funds are waiting for deployment.
The PIVX MBDB 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.
To vote yes:
mnbudgetvote many a359fe1120a71c73e6116d12cec6a1b23a14dc097be000107e7155e80df7180a yes
To vote no:
mnbudgetvote many a359fe1120a71c73e6116d12cec6a1b23a14dc097be000107e7155e80df7180a no