Project Name: Ultiverse

ㆍAuthor Name: Kris
ㆍNumber of COLLAB tokens requested: 1,015,149
ㆍRecipient Address: 0xdaf8c20ef61db45c7d0d64f5099eef0cb303f1f8

Proposal for token distribution (under 1000 words):

How will the tokens be distributed?
80% goes to all Electric Sheep NFT holders
10% goes to all Moonlight NFT holders
5% goes to UltiverseDAO Treasury (to participate in Collab.Land DAO governance and future use)
5% goes to active supporters in Ultiverse Discord (retroactive distribution)

Mechanism for distribution
Everyone can log in to the Ultiverse account and claim their available tokens.

Timeline
30-day claim period

User group being targeted
Holders of Ultiverse NFT collections and active members of Ultiverse community.

How many users is this distribution projected to incentivize?
100% of the tokens will be used to reward holders and the community. We have over 2.5k holders of Electric Sheep NFT and nearly 10k holders of the Moonlight NFT collection. And we have over 160k members in our Discord server.

How will this distribution incentivize usage and adoption of Collab.Land?
Ultiverse utilizes Collab.Land to verify NFT holdings and assign roles to everyone. More users will be using Collab.Land and participating in the Collab.Land DAO.

What is the benefit of this distribution?
Through this distribution, it will help onboard lots of people joining the Collab.Land ecosystem.

Will your project provide any co-incentives?
We will highlight the claim event on our Mission Runner platform and offer extra points to everyone successfully claimed.

Where will tokens be held once distributed by Collab.Land DAO?
The token will be sent to one wallet owned by UltiverseDAO. And we will develop a contract for eligible users to claim. As for tokens in the Treasury, any usage will be proposed and approved by the whole community.