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Top 100 Community Proposal: OliveX Fitness Metaverse
Project Name: OliveX Fitness Metaverse Author Name: HappyUtopian#0125 Number of COLLAB tokens requested: 925,847 Recipient Address: 0x8382833B956E00952C25d630F858c080D98A1B38 How will the tokens be distributed? OliveX is a company that focuses on fitness games in Web3 and so with that spirit in mind, our token allocation proposal will also be designed based on gamified mechanics to encourage activations and engagement by the Fitness Metaverse community members. The tokens will be distributed ...

Top 100 Community Proposal: Pomerium
Project Name: Pomerium Author Name: Ethan Jung(pompom#0073) Number of COLLAB tokens requested: 800,096 Recipient Address: 0xC1b94CDcC35cCB6cf4B31E37f2A8Cd74eC4e76b2 How will the tokens be distributed? a. Mechanism for distribution We plan to allow users who have contributed to the growth of our project and Collab.Land to claim $Collab tokens. Claim amounts are paid differentially depending on the entry. 20% - Holders exceeding the preset threshold amount for the # of $PMR (Differential Distri...

Top 100 Community Proposal: Alien Frens
Project Name: Alien Frens Author Name: Monti/Mason/Pape Number of COLLAB tokens requested: 1,526,507 Recipient Address: 0x0c9Fb971360D0d56C55171E3bB515F0736A95072 Proposal for token distribution (under 1000 words): Tokens will be distributed to Alien Frens NFT holders according to however many Alien Frens NFTs they hold (as of snapshot date) at a rate of 100 $COLLAB per fren. This totals 1,000,000 $COLLAB distributed. The remaining 526,507 will be distributed among AFE holders (Our secondary ...

Top 100 Community Proposal: OliveX Fitness Metaverse
Project Name: OliveX Fitness Metaverse Author Name: HappyUtopian#0125 Number of COLLAB tokens requested: 925,847 Recipient Address: 0x8382833B956E00952C25d630F858c080D98A1B38 How will the tokens be distributed? OliveX is a company that focuses on fitness games in Web3 and so with that spirit in mind, our token allocation proposal will also be designed based on gamified mechanics to encourage activations and engagement by the Fitness Metaverse community members. The tokens will be distributed ...

Top 100 Community Proposal: Pomerium
Project Name: Pomerium Author Name: Ethan Jung(pompom#0073) Number of COLLAB tokens requested: 800,096 Recipient Address: 0xC1b94CDcC35cCB6cf4B31E37f2A8Cd74eC4e76b2 How will the tokens be distributed? a. Mechanism for distribution We plan to allow users who have contributed to the growth of our project and Collab.Land to claim $Collab tokens. Claim amounts are paid differentially depending on the entry. 20% - Holders exceeding the preset threshold amount for the # of $PMR (Differential Distri...

Top 100 Community Proposal: Alien Frens
Project Name: Alien Frens Author Name: Monti/Mason/Pape Number of COLLAB tokens requested: 1,526,507 Recipient Address: 0x0c9Fb971360D0d56C55171E3bB515F0736A95072 Proposal for token distribution (under 1000 words): Tokens will be distributed to Alien Frens NFT holders according to however many Alien Frens NFTs they hold (as of snapshot date) at a rate of 100 $COLLAB per fren. This totals 1,000,000 $COLLAB distributed. The remaining 526,507 will be distributed among AFE holders (Our secondary ...
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The $COLLAB community token contract has introduced a new feature called transferLock to ensure a secure and controlled distribution of tokens to investors and team members. Currently, the tokens allocated to these stakeholders are still held in the Collab.Land Co-op (DAO) treasury. The distribution process will begin once the locked tokens are approved by the intended receiver wallets. Expect token movements via transferLock method during July 2023 as locked tokens for investors + team members are distributed.For detailed information regarding token allocation, please visit the website: https://wagmi.collab.land.
How transferLock Works
To maintain a fair and orderly token distribution, the tokens will undergo a lock period and vesting schedule as described below:
Complete Lock for 1 Year:
- During this initial period, the tokens cannot be sold or transferred.
3-Year Linear Vesting:
- After the 1-year lock, the tokens will gradually vest over the following 3 years, meaning they will become available for sale or transfer in a controlled manner.
- The vesting rate will be equal to 1/36th of the remaining tokens per month. This ensures a consistent and predictable unlocking process for the benefit of all stakeholders.
transferLock for Team Members
For team members, token unlocks will continue beyond the first year only if they remain employed. The unlocking process will occur on a monthly basis, provided that the team member is still employed on the first day of each month.
To stay up-to-date with the latest information about token unlocks and the progress of the Collab.Land Co-op, it is highly recommended to refer to the official communication channels. You can find official links here: https://linktr.ee/collab_land_. These channels will provide you with accurate and reliable updates regarding the status of token unlocks and the overall development of the Collab.Land project.
Updated on August 14, 2023:
What’s New
We’ve made a strategic shift and are now using Hedgey Finance to distribute locked tokens to both our team and investors. In August 2023, you can anticipate token movements via Hedgey as the locked tokens for investors and team members are distributed.
Why This Change
There are a couple of key reasons behind this decision:
Streamlined Process: There is much less coordination required. Specifically, we no longer have to coordinate with entities using custodial wallets, making the process more efficient.
Stellar Support from Hedgey: Our experience with the Hedgey team has been exceptional. They have been responsive and have provided invaluable assistance throughout our transition, making them a joy to work with.
What Remains Unchanged
While we have introduced a new distribution method, certain fundamentals remain the same:
The amount of tokens designated for distribution remains unchanged.
The lock timing and the vesting schedules associated with these tokens are still consistent with our previous plans and announcements as described in the first part of this post.
The $COLLAB community token contract has introduced a new feature called transferLock to ensure a secure and controlled distribution of tokens to investors and team members. Currently, the tokens allocated to these stakeholders are still held in the Collab.Land Co-op (DAO) treasury. The distribution process will begin once the locked tokens are approved by the intended receiver wallets. Expect token movements via transferLock method during July 2023 as locked tokens for investors + team members are distributed.For detailed information regarding token allocation, please visit the website: https://wagmi.collab.land.
How transferLock Works
To maintain a fair and orderly token distribution, the tokens will undergo a lock period and vesting schedule as described below:
Complete Lock for 1 Year:
- During this initial period, the tokens cannot be sold or transferred.
3-Year Linear Vesting:
- After the 1-year lock, the tokens will gradually vest over the following 3 years, meaning they will become available for sale or transfer in a controlled manner.
- The vesting rate will be equal to 1/36th of the remaining tokens per month. This ensures a consistent and predictable unlocking process for the benefit of all stakeholders.
transferLock for Team Members
For team members, token unlocks will continue beyond the first year only if they remain employed. The unlocking process will occur on a monthly basis, provided that the team member is still employed on the first day of each month.
To stay up-to-date with the latest information about token unlocks and the progress of the Collab.Land Co-op, it is highly recommended to refer to the official communication channels. You can find official links here: https://linktr.ee/collab_land_. These channels will provide you with accurate and reliable updates regarding the status of token unlocks and the overall development of the Collab.Land project.
Updated on August 14, 2023:
What’s New
We’ve made a strategic shift and are now using Hedgey Finance to distribute locked tokens to both our team and investors. In August 2023, you can anticipate token movements via Hedgey as the locked tokens for investors and team members are distributed.
Why This Change
There are a couple of key reasons behind this decision:
Streamlined Process: There is much less coordination required. Specifically, we no longer have to coordinate with entities using custodial wallets, making the process more efficient.
Stellar Support from Hedgey: Our experience with the Hedgey team has been exceptional. They have been responsive and have provided invaluable assistance throughout our transition, making them a joy to work with.
What Remains Unchanged
While we have introduced a new distribution method, certain fundamentals remain the same:
The amount of tokens designated for distribution remains unchanged.
The lock timing and the vesting schedules associated with these tokens are still consistent with our previous plans and announcements as described in the first part of this post.
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