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closedEnded 5 years ago ยท Snapshot (Offchain)

Should we do the 100K ETH Experiment?

By 0x1123...0e0000

TLDR:

  • Blockzero Labs has nominated a total of 125 communities, builders, and content creators across the decentralized world. These individuals and groups are eligible to claim 1 XIO Option token.
  • There are only 100 XIO Option tokens in existence. These tokens will be redeemed on a first-come-first-serve basis.
  • The XIO Option tokens are convertible up to 10M XIO tokens based on our primary KPI. Our primary KPI is the Total Liquid Value (TLV) inside the Blockzero Vortex โ€” a decentralized venture fund.
  • These Options will be 100% convertible once the Vortex reaches a Total Liquid Value (TLV) of 100,000 ETH. At this time, one Option is worth 0.069168 ETH ($172.92).
  • If the market cap of XIO becomes equal to the TLV of the Vortex at the time we hit our primary KPI, one Option would currently be worth 250 ETH ($625,000).

Link to full proposal: https://medium.com/bombx/the-100k-eth-experiment-f8cbf23b4838

Discuss at: https://discord.gg/JzugCwWqS2

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Connect Wallet to Add Note
0
Votes 38
VoterCast PowerVote & Rationale
0x0dD0...4ca515
822,254

No

0x5Da9...dC000A
662,389

Yes

0x9C86...0636B4
249,659

No

0xF44B...9E73c4
155,474

Yes

0xcdA2...721bb6
146,298

Yes

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VOTE POWER
0
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Proposal Status
  • Thu June 17 2021, 07:00 pmVoting Period Starts
  • Thu June 24 2021, 07:00 pmEnd Voting Period
Current Results

1-Yes

2.739M

76.82%

2-No

826,451.954

23.18%

3-I abstain

187.05

0.01%
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