Project Name: WhaleTogether
Author Name: Greg | Moon Labs³#7777
Number of COLLAB tokens requested: 1,130,639 as per top 100 list
Recipient Address: 0x1743CFB1F855dD90a403cE3e390ACd4Baeb6D340
Proposal for token distribution (under 1000 words):
How will the tokens be distributed?
Tokens will be distributed based on loyalty and a small amount for new buyers:
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Length of time holding our NFT(s) measured in our $MOON utility token being held.
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Length of time verified in our Discord community via Collab.Land bot.
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Amount of NFTs held.
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New buyer activations.
Mechanism for distribution:
Holders will do 3 separate claims:
ㆍClaim #1 (30% approx) - Reward long-term holders:
Burn x% of $MOON token to claim x% of $COLLAB token. $MOON cannot be purchased and is purely a utility token holders receive daily for simply holding one of our NFTs (5 $MOON per day).
ㆍClaim #2 (30% approx) - Reward long-term holders:
x% of $COLLAB token to claim based on length of time verified inside our server via Collab.Land. Snapshot to be taken.
ㆍClaim #3 (20% approx) - Reward long-term and new holders:
x% of $COLLAB token to claim based on NFTs held.
The rest of the distribution will be as follows:
ㆍWhaleTogether Vault (10% approx) - held to ensure we have a spot at the table for Collab.Land governance. For major issues we will use our in-house voting/polls to gather community consensus for these decisions. Vested for 12 months.
ㆍMods, Community Managers and Volunteers Team (10% approx)
All claims will take place through our custom built marketplace which allows us to mandate following of Twitter and Discord. This will allow us to ensure users are supporting Collab.Land.
ㆍTimeline:
Claim #1 - 2 weeks to claim.
Claim #2 - 2 weeks to claim.
Claim #3 - 4 weeks to claim.
How many users is this distribution projected to incentivize?
4,272~ current holders + any new holders who may join as part of the campaign to bring more awareness to both Collab.Land and WhaleTogether.
How will this distribution incentivize usage and adoption of Collab.Land?
Collab.Land is already used by 3k+ holders to verify their assets inside our Discord server and many of them have been discussing the token airdrop since news broke about WhaleTogether being the 55th community that has used Collab.Land the most.
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**We’ll also be encouraging new holders to take advantage of the airdrop (smaller % of token to be claimed), which will bring new users in that must verify via Collab.Land and be exposed to your services/protocol.
What is the benefit of this distribution to the wider ecosystem?
-To Collab.Land
Every single user must verify via Collab.Land. We’ll also make it a requirement for users to follow Collab.Land’s Twitter account in the claim process and will continue to provide $COLLAB Protocol updates in our server.
-To your community
We’ll be able to bring more “utility” to our holders as we’re a utility-based project. Holders’ loyalty will be rewarded and we will also be able to onboard new people to our project.
Will your project provide any co-incentives?
Holders claiming $COLLAB token will need to follow Collab.Land’s Twitter account. We’ll also run giveaways and Twitter activations for greater Protocol/token awareness. We’ll also credit Collab.Land as our long-term partner and sponsor of the airdrop.
Where will tokens be held once distributed by Collab.Land DAO?
Our project’s Gnosis multi-sig wallet from where the token will be distributed to our community.
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