PIVX Marketing Fund Dec-May 2022

Archived

Started by Ambassador 5 years ago · 1 replies · 4741 views
5 years ago

Title: PIVX Marketing Fund Dec-May 2022
Name: PIVX-MBD-DecMay2022
Term: 6 Cycles
Cycle Amount: 6600 PIV
Total Amount: 39600 PIV
Author: Jakiman, Ambassador, SnappySnap
Receiver: Ambassador
Address: DTYUF6atq8gAJnuWy84n1svoNe31oMoMEM
Created: 11th December, 2021
Status: Active
Vote Hash: 5d24829f97ca3a0c95b64904cc41a95c16d7d648c244a33bbd78760f2eb946f6

Abstract

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 changes

Same 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:
/archived-proposals/marketing-bizdev-blitzkrieg-fund-oct-dec-2020-t508
/archived-proposals/marketing-bizdev-jan-jun-2021-t539#post-1435

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)

IMPORTANT NOTE: By mentioning “copy, articles”, it doesn’t mean an obligation for any of the MBDB team members to provide copy to the marketing team, it's up to the individual's desire to assist in such activities outside of this proposal. Copy/articles are intended to be written among MBDB team members for business development purposes within the scope of this proposal.

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: 6600 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.

Voting

To vote yes:

mnbudgetvote many 5d24829f97ca3a0c95b64904cc41a95c16d7d648c244a33bbd78760f2eb946f6 yes

To vote no:

mnbudgetvote many 5d24829f97ca3a0c95b64904cc41a95c16d7d648c244a33bbd78760f2eb946f6 no

last edited 12/11/21 by Ambassador
5 years ago

Here is the status update for spending of the funds collected in the Marketing Fund past few weeks/months and some plans for the upcoming cycles.

PIVX is currently fighting a battle with low liquidity and trading volume on exchanges, so we are forced to push active trading volume boost programs in order to prevent delisting from major exchanges, which represent the existential risk. Having said that, most of the funds past few months were spent on liquidity boosting campaigns such as the Autonio Swarm campaign (https://www.autonio.foundation/posts/new-swarm-campaign-with-pivx) and Binance Locked Savings campaigns. There were 20+ campaigns past few months, so here you can check them:

https://www.binance.com/en/support/announcement/4d0dcacb6f2f465591e1be75c40c1af5
https://www.binance.com/en/support/announcement/bbab490fdb9f4cc1acc225cd365f4f20
https://www.binance.com/en/support/announcement/b458eaba43484936b469ef09d349297e
https://www.binance.com/en/support/announcement/7d9dc6d8adae45f8a172089dc5bbcbb5
https://www.binance.com/en/support/announcement/6926b68c4e8b48eea096d6045f1c7197
https://www.binance.com/en/support/announcement/be16e1e5edab4d14a2b51a1507f58516
https://www.binance.com/en/support/announcement/250ad143d9044323908e4744da30f42d
https://www.binance.com/en/support/announcement/7b53ebf540b2492a8137e3310d164176
https://www.binance.com/en/support/announcement/bb3496a27d304eb5a5a27d7ea0222041
https://www.binance.com/en/support/announcement/e1c6a7106ddc45f28c9c890e86ec2940
https://www.binance.com/en/support/announcement/baa19ff932524bd4a29c7573452be3a1
https://www.binance.com/en/support/announcement/138cb77e84e740cd896e5d0506dbb08b
https://www.binance.com/en/support/announcement/aa13b32c104a41559987a24b0fc76208
https://www.binance.com/en/support/announcement/f4b0244f9fe74c3583fb267c9c10c2b1
https://www.binance.com/en/support/announcement/9c15e7f6c8de40c9aa868982482a85a5
https://www.binance.com/en/support/announcement/2ce286eb90044633835373f86601abc8
https://www.binance.com/en/support/announcement/6cbc9bd6a15441169a010b53c20cea11

All these Locked Savings were posted on official Binance Twitter account with 7+ million laser-targeted followers.

Also, we did multiple Kucoin Trading Competition campaigns:
https://www.kucoin.com/news/en-pivx-spot-grid-trading-competition-round-4-win-a-share-of-4000-pivx

https://twitter.com/i/status/1473193425214181378

https://www.kucoin.com/news/pivx-spot-grid-trading-competition-3000-pivx-prize-pool-to-be-won

https://twitter.com/i/status/1456507498295271425

https://www.kucoin.com/news/pivx-spot-grid-trading-competition-win-a-share-of-a-3000-pivx-prize-pool-round-two

https://twitter.com/i/status/1448548273912877056

Besides these campaigns, funds were spent on Rocket League tournaments promotions in partnership with StakeCube.

Future plans:

We are about to launch the biggest ever Swarm campaign for PIVX on Binance next week, starting from 15th February 2022:

https://twitter.com/i/status/1492226071902797825

Also, we are about to launch the Kucoin Trading Competition next week again for all 3 PIVX pairs on Kucoin.

For the rest, we are waiting for the v6.0 release to prepare the best possible marketing we can afford for v6.0, which will be the biggest network upgrade ever since PIVX started. We hope to receive the community support to be able to fund these marketing activities and ensure v6.0 gets a marketing campaign it deserves.

Thank you very much for your support!

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