| layout | network_vote | network_vote_id | network_vote_block_height_start | network_vote_block_height_end | title | author | date | amount | milestones | payouts | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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wip |
true |
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1755500 |
1760539 |
Team Funding Request 5 |
Cryptoguard |
August 13, 2023 |
211500 PART |
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This proposal requests 35,250 PART per month from the Particl treasury fund for a period of 6 months. After this period, the team may submit a new funding request for community vote.
We propose a reduced six-month timeframe, shorter than recent twelve-month proposals. This provides stability for our current projects as we develop new ecosystem revenue streams while giving the community the chance to discuss and propose modifications to the treasury model and coin emission rate.
This is a summarized version of our extensive proposal available here, which includes our short-to-medium term strategy to generate PART ecosystem revenue and reduce our reliance on the network's treasury model. Please read the full proposal for all details surrounding this funding request.
The Particl team operates solely on community-approved donations. Funding in PART is taken directly from the network's treasury to support team operations.
Given the current PART price, we request 35,250 PART coins per month for 6 months. This will fund the upcoming development cycle at the current pace and cover various operational expenses, including legal and administrative fees.
If PART prices and liquidity improve, additional funds will be used to grow the team and support marketing, communications, community, and outreach efforts to promote the Particl ecosystem and its dApps.
All funds voted to be allocated to the Particl team are held and managed by SoonTM Development Ltd (SoonTM.io, an independent software development company.
- To learn more about Particl's on-chain voting system, click here.
- To learn how to vote, refer to this Particl Wiki tutorial.
To ensure the proposal is properly showing up on your Partyman app, you need to update it to the latest version. To do so, run git pull from inside your partyman folder, and then type the ./partyman update command from that same partyman folder. Note that the proposal may not yet show up on the day that this proposal was published, but will be available on time when the voting period begins.
- To learn more details about the team's proposal and our main focus for the next few months, please read the full proposal available here.