implemented in v6

solution: burn remaining gift

backstory

initially we allocated 70% from bostrom/genesis

result in 27 months

~47k citizens with avatars

~41k gift claims with ~1% reach to initial ~4.4m target audience

~60k bostrom and spacepussy neurons

~90k neural proofs from ethereum and cosmos networks

how much we spent on this?

claimed amount

  • ~148T $BOOT or
  • ~21% of budget

releasable amount

  • ~23T $BOOT or
  • ~3% of budget

released amount

  • ~35T $BOOT or
  • 5% of budget

we reach 4.1% from global recognition hypothesis needed for widespread of phenomena

looking back, results are real and present

but i suggest to stop allocation there

unless we transform this effort

into sustainable source of spread, marketing and effort

basic idea is

move management of cybergift prog to senate daodao

use claimed and releasable amount for staking to generate revenue in staking pools

and switch to a more sustainable mechanism to incentivize marketing

113T $BOOT that is 9.3% of current stake

accounting for 51T $BOOT

from cybergift multisig controlled by cybercongress

which must send in order to cover all current claimed $BOOT

together this forms 16.4% stake in bostrom

and go under senate control becoming the biggest force of bostrom

some of senate funds allocated to subdao for marketing efforts i discussed

fading out cybercongress power and

moving decentralization of the project further

read finalization of $BOOT distribution as part of a series

Local Graph