Project Name: Project MIP
Author Name: Dryelkz and gammachan
Number of COLLAB tokens requested: max amount of 870,193
Recipient Address: 0x7Cbe910D4AC29de966d93c68eA06db5Da9e6b4d0 (Project Distribution Wallet)
The distribution with the Project MIP server will based on either claims/airdrops, or a combination of the both. This is due to the distribution being assigned to members based upon contribution, activity and history within the project.
By doing this we ensure that we are able to reward users that not only are part of MIP but also those that support the use of Collab.Land.
Participation will be eligible for those who have verified their assets using Collab.Land.
Mechanism for distribution:
The tokens will be split to best reward loyal holder and support for the project itself.
70% Community (The % will be split into minor distribution groups and weighted accordingly, following different criteria inside the project such as: MIP Head Holders, Tickets (Golden, Body, Pet, Season), discord roles, seniority, activity, contribution, etc)
10% Community Extra – set aside to be distributed after the primary distribution as prizes to increase community engagement
10% Contributors – distributed between internal contributors and community contributors that have aided the development of the project and its community
10% Treasury – will remain in the recipient wallet address as project resources in terms of how this might be decided
How many internal contributors are there? And how are they determined?
We haven’t got a fixed number for this, but we will determine mainly based on the seniority and time supporting the project, but also considering a high activity and contribution, mainly on discord but specially during previous activities, Q&A, AMAs or beta testing phases for example.
Those will be the main basis, but we’ll need to check they still support the project and are active in it, so we’ll proceed to do an activity claim for the participation in the division of the respective % of the tokens. For that verification they will not only need to effectively be active, but we’ll check their actual continuous support due to the Collab.Land service for the community roles.
What are the future plans for this 10% in the treasury?
That 10% will have 2 functions:
-
Serve a safety fund in case some late claim for a distribution with a solid basis appear after we close the actual claiming period and/or distribution; therefore, to prevent and prepare for the eventuality we leave a partial % in case a situation like this takes place.
-
After the complete distribution and after the safety reclaim period finishes, the remaining funds we’ll be used for high activity users on the launch of the new platform of our project during a series of different activities; mainly through interaction with the project, the new platform and activity on discord.
Basically, we’re allocating a safe fund for unexpected situations but in both scenario 1, 2 or a combination of both; the tokens will be distributed among the community ultimately.
How will the tokens be distributed to your members?
We haven’t completely decided on a method at the moment, we consider any option viable, it’ll depend also on the number of claimers per category also. We can go from a contract to individual transactions; specially considering the scenarios pointed out in the previous point. Basically, we’ll adapt to the necessities of our community as much as possible.
Distribution could be based on conditions like:
We will use a system that calculates holdings that are verified.
b. Timeline:
Claim to open for 1 week to 1 month depending on calculations
c. Member group being targeted:
- Collab.Land users only
- Asset Holders
- Long lasting holders Loyal holders
How many members is this distribution projected to incentivize?
We currently have over 24,624 members in our discord with 4557 holders.
How will this distribution incentivize usage and adoption of Collab.Land?
Showcase Collab.Land as a trusted tool in our discord through an announcement
What is the benefit of this distribution to the wider ecosystem?
Creating awareness and show support for Collab.Land and the project itself
Where will tokens be held once distributed by Collab.Land DAO?
Project Distribution Wallet