PIVX Promotional Fund by jakiman

[jakiman]

Title: PIVX Promotional Fund by jakiman
Name: PIVX_Promo_Fund_JK
Term: 3 Cycles (I want this to be perpetual tbh)
Cycle Amnt: 2500
Total Amnt: 7500
Author: jakiman
Receiver: jakiman
Address: <tbd>
Status: Awaiting Feedback

This proposal is the first proposal for PIVX that aims to solely put aside its 100% amount towards PIVX Promotions & Business Development.
Think of it as a kitty fund for Exchange listing fees, Paid articles, Influencer payment, Trading competitions etc.

2500 PIV a month isn't a lot but it's a start as it's something PIVX has never really had: Money (PIV) to spend on stuff that costs money.
As per how it works, the fund will come into a wallet that I created. So I will have control of the funds.
But the decision would be more of a team effort. Based on respectable feedback from PIVX team.
If you think I will run off with 2500 PIV, simple vote NO.

This isn't meant to be spent each month every time. If there is a quite month, we can roll it over to next month/s.
So if we don't spend it for 4 months, we will have 10,000 PIV to spend on much bigger things such as:
- Exchange listings (only reputable ones and if it's affordable)
- Exchange trading competitions (on big exchanges to increase user adoption / liquidity / trade volume)
- Influencer marketing (Youtuber review etc)
- Media articles (paid articles, press releases etc)
- and more..

You get the drift. It's just money set aside for non-labor expenditures which we NEVER really had ever had access to via the monthly budget.
Anyways, if you think it's fine, I'll submit a proposal. If this works out or is well received, I hope to increase it a bit more over time.

 

[Ambassador]

Absolutely supporting the idea! Big YES from me for the proposal and for you as a fund keeper. As you said, it's something that PIVX lacks of, which is highly needed to support the development achievements and other major milestones that needs to get out.

 

[Jeffrey]

Support this 100% thanks for taking the initiative. Looking forward to seeing more great things being made available to PIVX due to this funding.

 

[SiggeB]

I'm definitely supporting, but need some more guidelines, and I'm convinced that they will come in later
Like:
-What's "affordable" as an exchange listing fee? I'm basically pretty much against all listing fees, shy not have a tight collaboration with that exchange instead?
-Will there be any minimal requirements for a influencer/youtuber, like min followers, min length of the review, and so on?
Eager to see this grow

 

[TogaTech]

I definitely think it's a good idea to devote resources to marketing, especially with the SHIELD mainnet launch approaching.