Galxe

Abstract

This proposal aims to secure funding from the treasury to support community activities during the fourth quarter of 2023. The requested budget is 15,000 $GAL tokens and is intended to stimulate, involve, and expand our community, foster growth in strategic areas for Galxe, and encourage active participation in Galxe events.

Motivation

The Galxe community plays a crucial role in the success of our protocol. We are committed to ensuring that our community remains active, and engaged, and continues to grow. To achieve this, we seek to provide incentives for participation in various community events, including global and localized events, educational initiatives, and more. This funding will enable us to sustain and enhance these events.

Specification

Overview

The proposed funding will be designated for the activation, engagement, and expansion of our community, with a specific focus on promoting Galxe’s growth in key areas and increasing its visibility worldwide. These events will primarily center around global community gatherings and regional event participation.

Scope

This proposal encompasses all community events and initiatives scheduled for the fourth quarter of 2023. The allocated funds will cover the costs of prizes and rewards for these events. It is important to note that this proposal does not encompass Galxe’s operational expenses. Any unutilized funds from this period will be earmarked as rewards for future events and programs.

Success Criteria

The success of this proposal will be gauged based on the following criteria:

• Increased engagement and participation in the Global Community Events.
• Increased engagement on Galxe’s Localized Events.
• Increased participation in Educational Events.

Timeline/Budget

The anticipated budget for this proposal is 15,000 $GAL tokens. Detailed timelines and event-specific information will be provided in separate event announcements. The unused funds will roll over to the next quarter.

The portion of the budget allocation

• Global events - 25%
• Regional events - 60%
• AMA - 15%