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Archived Slush Fund Mar 2024

LeacyMcK

Administrator
Staff member
Title: Slush Fund March 2024
Name: Slush-Fund-2024-03
Term: 1 Cycle
Cycle Amount: 2000 PIV
Total Amount: 2000 PIV
Author: leacymck
Receiver: leacymck
Address: D8r6n12PfxU2pnDsj5a1qons5xvNnEWxGL
Created: March 6th, 2024
Status: Active

Background:
This proposal builds upon the previous Slush Fund initiative in October 2023, and December 2023. This link shows December's slush fund with documentation of where all funds went. https://forum.pivx.org/threads/slush-fund-dec-2023.1840/#post-4672

Having a slush fund has been instrumental in our operations. Recent example of its impact was the successful AMA with Hans Koning, which provided PIVX with exposure to a new audience. The AMA took place on Telegram via the GameStation account. As part of the event, we distributed six prizes and compensated the host, as recorded in the previous slush fund proposal. It was extra nice that GameStation cross-marketed with PIVX so that even more viewers listened in. A recording of the AMA was completed. PIV support in the past was given to Bouilla when he attended the Web Summit in Lisbon on PIVX's behalf and more recently it paid for 2 months of Premium exposure on Twitter. We are testing this feature to see if it aids in better exposure for PIVX.

In addition to the AMA, we have used the slush fund to reward dedicated members of our social team who have been supporting us tirelessly over the years. These rewards were provided both from the slush fund and my personal resources, acknowledging their ongoing contributions. Then there are the PIVXcommunity contests which are held every 6-8 weeks. The contest always bring new followers to our social accounts of which we have been lucky in that some of the winners then join Discord, and help promote PIVX on socials.


Cost: 2000 PIV until it runs out. Last slush fund lasted 3 months. I wish to have the 50 PIV proposal fee reimbursed to me for this proposal, on top of the 428 piv owing to me. (Please see forum link above to see all documentation of where funds went.)

Vote Hash: "8bd4af5a19d768d1d695a9313bb4163a7e92452f8b439f858c87f85f15442c72"


Thank you for taking the time to read,
leacymck
 
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I love any plan that allows for reacting organically and being flexible to quickly respond to new opportunity. Thank you for recapping details of the previous spend. Would there be any benefit to an incrementally larger "slush" marketing fund? Have there been any awareness opportunities that we have missed as a result?
 
I love any plan that allows for reacting organically and being flexible to quickly respond to new opportunity. Thank you for recapping details of the previous spend. Would there be any benefit to an incrementally larger "slush" marketing fund? Have there been any awareness opportunities that we have missed as a result?
Great question! Thank you.
@Jeffrey and I have been discussing getting articles published on behalf of PIVX and that would indeed cost more than what I am asking for if we include the contests and tips/rewards. This doesn't stop me from going forward though as I use my own funds and repay myself with the next slush fund. In the past I have paid for youtube shorts for PIVX, AMAs and prizes to people that entered the AMA out of the slush fund.
 
Brought the accounting forward from the prior slush fund dated December '23,( link below) . I will now carry on from the total amount and post expenses here.

For CryptoKaffy's fee) = 670.45 PIV
Feb 8th 670.45
- (Payment for 1st month of Twitter Verified PIVX official account. $22.60 CAD = 48.80 PIV paid to Leacymck ) = 621.65 PIV
Feb 19 621.65
(late entry. Christmas tips to 6 active, supportive, needed social team members. 1 100 PIV tip and 5 150 PIV tips to Sigge, Elena, Dinizc, Bouilla and Amit = 850 PIV) = -228.00 PIV (will debit from next proposal if it passes)
Please note, I also added a bit of PIV to their tips from my own wallet as a thank you because they deserve this and more.
Feb 21 -228.00 + - 200 PIV. (AMA with Hans Koning/CryptoKaffy 6 winners received 33.33 PIV each.) = - 428 PIV (Owed to leacymck)
March '24
slush fund = 2000 PIV - 428 owed to leacymck = 1572 PIV
March '24
Leacymck's Birthday Giveaway 1572 - 0 = 1572 PIV (I Paid/donated 350 PIV out of my own pocket though I used PIVXcommunity acct to promote giveaway. Successful with over 30 entries)
May 6th, '24 1572 - 100 PiV (Given to Hawtch for his 'Paid with PIV' giveaway to top up payouts = 1472 PIV
May 23. '24 1472 - 92 PIV
( Late entry Payment for March/April and May/June Premium Twitter fee = 92 PIV to leacymck (2 x 22.60 CAD) = 1380 PIV
July 9th, '24 1380 -50 piv (
Random PIVXcommunity contest pay out of 50 PIV.) = 1330 PIV.
July 7th, '24 1330 - 50 PIV
(Taste the world with PIVX monthly contest held in PIVX's Discord.) = 1280 PIV
Aug 1st '24 - 50 PIV
(Taste the world with PIVX monthly contest " " ) = 1230 PIV
Sept 1st '24 - 50 PIV
(Taste the world " " ") = 1180 PIV
Aug 24th, '24 - 875 PIV (
Community contest getting users to enter Discord to find letters in a Scavenger Hunt.
 
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Sept 13 '24 - 50 PIV ( Random contest. = 110 PIV

3 entries aren't showing due to a glitch here in the forum, looking into it but for now the balance is: 110 PIV
 
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