SP05 -- $CLUB Distribution
Summary
Distribute $CLUB to the Seed Club community through a CLUBdrop and DAO Awards.
Abstract
Over the course of the past two months, a group of core contributors have developed a launch strategy for $CLUB.
This proposal aims to solidfiy the go-to market strategy - detailed in depth in the Genesis | Seed Club Telegram group.
$CLUB will be launched through a CLUBdrop to past contributors, the DAO Awards to onboard new contributors with token rewards and a curated Club Race for token holders to elect the next Seed Club Cohort.
The passing of this proposal will result in the creation and distribution of a new transferable $CLUB token.
Motivation
Seed Club is ready for its next chapter.
As we prepare for SC04 - it’s important that those looking to own a part of Seed Club have the means to do so.
Throughout this distribution, Seed Club will open its doors to a new wave of partners, contributors ad collaborators.
In doing so, $CLUB will become the main focal point of coordination within the Seed Club Ecoystem.
Specification
Token Supply: 10,000,000 $CLUB
The $CLUB supply will be broken down as follows:
| Tokens | Percentage | |
|---|---|---|
| CLUBdrop | 500,000 | 5% |
| Past Cohorts | 250,000 | 2.5% |
| Early Contributors | 2,500,000 | 25% |
| DAO Awards | 25,000 | 0.25% |
| Community Treasury | 6,725,000 | 67.25% |
| Total | 10,000,000 | 100% |
For a detailed report on each of the indivdiual buckets, please visit the Genesis | Seed Club Telegram group.
These details will be publicized with the launch of $CLUB - should it pass this proposal.
This proposal requires a 500k $CLUB quorum and a 51% majority to be ratified.
Vote
Yes - Distribute $CLUB No - Do not distribute $CLUB
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x281f...4dD313 | 150,000 | Yes - Distribute $CLUB |
 0xC221...A4EB64 | 135,000 | Yes - Distribute $CLUB |
 0xcCd7...713cb5 | 125,000 | Yes - Distribute $CLUB |
 0x8808...4689d8 | 70,000 | Yes - Distribute $CLUB |
 0xD3e9...10151D | 62,500 | Yes - Distribute $CLUB |
VOTE POWER
Proposal Status
- Wed December 22 2021, 08:00 pmVoting Period Starts
- Thu December 23 2021, 08:00 pmEnd Voting Period
Current Results
1-Yes - Distribute $CLUB
1.2M