Project Name: CatBlox

Author Name: Meech
Number of COLLAB tokens requested: 862,724
Recipient Address: 0x665B7527A7a88768d639de2d937E015890591DbF

How will the tokens be distributed?
70% of the token allocation will be distributed to our community members based on the amount of $CATNIP held, which is our claimable ecosystem token. $CATNIP rewards holders based on the # of CatBlox NFTs owned and the length of time held.

This will allow us to properly reward our whales and long-term holders the most, as well as all holders. - 20% of the token allocation will be distributed to the CatBlox treasury wallet for future activations (giveaways, contests, etc) - 10% of the token allocation will be given to developers ㆍ

Timeline:
1 week

User groups being targeted:
All CatBlox community members from Discord and Twitter

How many users is this distribution projected to incentivize?
2,000 Genesis NFT holders + all additional community members

How will this distribution incentivize usage and adoption of Collab.Land?
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.

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.

To your community:
Our community members will be rewarded for their loyalty and contribution to our project and your service.

Will your project provide any co-incentives?
Contests/giveaways/activations requiring use of Collab.Land

Where will tokens be held once distributed by Collab.Land DAO?
Treasury wallet