TiTi Protocol
Project Name: TiTi Protocol
Author Name: TiTi#3466
Number of COLLAB tokens requested: TiTi Protocol - 1,039,830
Recipient Address: 0x8c1Fbd4ca37bFCbd99cbF1C1EC78e6a954119831
Proposal for token distribution (under 1000 words):
How will the tokens be distributed?
Mechanism for distribution :
100% allocated and distributed to the community in a decentralized way as follows:
-50% will be distributed to about 6,000 community members who own shilling corporal + roles or OG3 roles in TiTi Community; they will be awarded Collab.Land & TiTi OAT badge, the OAT holders can verify and claim Collab token. The 50% tokens will be distributed to them in a linear way vesting for 3 days after they verified and interacted with our distribution contract https://collabland.titi.finance/.
-30% to 3,000 TiTi Onboarding contest NFT holders(TiTi Boarding Pass SBT & TiTi Sailor SBT Holders), the COLLAB token will vesting for 3 days after they successfully verified using Collab.Land bot
A. 10 % to TiTi Boarding Pass SBT Holders
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Verify their NFT using Collab.Land
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Complete Galxe Campaign spreading Collab.Land tasks.
B. 20 % to TiTi Sailor SBT Holders
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Verify their NFT using Collab.Land
-
Complete Quest3 Campaign spreading Collab.Land tasks
-20% to 2,000 TiTi Mainnet Governance Tokens Balance >1 holders, the COLLAB token will vesting for 3 days after they successfully verified using Collab.Land bot
We will develop a series of smart contracts that eligible users can use to claim it at an exclusive developed Dapp https://collabland.titi.finance/ (coming soon) within valid time.
Only users who verified their eligibility by Collab.Land bot can claim the reward.
All the unclaimed $COLLAB Tokens will be used to reward our mainnnet users who use TiTi Staking Function and verify through discord verification.
Timeline:
50%: 30 days claim period after receiving the $COLLAB tokens and vesting for 3 days
30%: 30 days after the community claim their SBT(10% TiTi Boarding Pass SBT, 20% TiTi Sailor SBT) and vesting for 3 days
20%: 30 days after the community verify their $TiTi Token balance according to snapshot and vesting 3 days
User group being targeted:
TiTi Community members who already verified their OG3 roles and Shilling Roles using Collab.Land
TiTi Community members who verify their holding of TiTi Boarding Pass SBT & TiTi Sailor SBT after effectively participating in the TiTi Onboarding contest Events
Community members who verify their holding of $TiTi Governance Token after we snapshot their holding exactly 30 days after TGE.
How many users is this distribution projected to incentivize?
Over 10k authentic users will be incentivized
How will this distribution incentivize usage and adoption of Collab.Land.
TiTi uses Collab.Land to verify NFT/FT balance holdings and assign roles to all users. This will result in more users joining the Collab.land ecosystem and participating in the Collab.Land DAO.
All users who are eligible to claim $COLLAB must use Collab.Land, so this will greatly boost the adoption.
What is the benefit of this distribution?
To Collab.Land:
We will continue to use Collab.Land in our server and keep our community updated with the protocol The distribution will facilitate the onboarding of numerous individuals into the Collab.Land ecosystem, gain new followers, benefit future dao governance and increase Collab.Land adoption. This distribution will create more awareness of Collab.Land amongst our core community and will incentivize recipients to continue using Collab.Land and promoting the protocol.
This will help our holders build up their trust in Collab.Land continue signing up with Collab.Land in different discords. Our discord already operates under Collab.Land and will continue to do so.
Will your project provide any co-incentives?
We will make official announcements about our partnership with Collab.Land, reward users who have successfully claimed their rewards with additional XP on Crew3, assign them a new special role and give them a TiTi Mainnet Boarding Pass SBT for more future benefit.
Where will tokens be held once distributed by Collab.Land DAO?
The tokens will be sent to a multisig (gnosis) wallet owned by TiTi Protocol DAO, and we will develop a contract that eligible users can use to claim it at https://collab.land.titi.finance/.
Any usage of tokens in the Treasury will be proposed and approved by the entire TiTi Protocol community.