Thank you for sharing your thoughts. Let’s go through your points one by one:
Proposal 1:
Point 1 (total addresses): I understand your concerns about accurate metrics and agree that it might be more reasonable to consider a percentage of 30-days active FX addresses, excluding foundation addresses.
Point 2 (total $FX transaction value): Also agree that using a percentage of $FX transaction volume (excluding foundation and liquidity pool transactions) could be a better approach. It would provide a more accurate representation of genuine activity
Maybe ZooGames, @Genshimaro can add more details on this approach
@FrenchXCore
Thank you for your thoughtful suggestions. Your proposal to consider percentages of active FX addresses and $FX transaction volume is indeed interesting and seems more accurate.
I might try out of curiosity as soon as I’ll find some time available.
Right now, it’s a bit difficult. But I had a hell of a year
As for the rest, I will support your proposal anyway, because I’m trustful of your willing to achieve your goal on that matter. And the quality of your proposal is already especially good.
But the more metrics and transparency, the better…
A quick update following your different points of view:
FXgora: We’re planning to encourage 20 of our creators to launch at least one collection each on FXgora. They’ll be affordable, and we’ll have some incentives to help get things going.
NFT Cross Chain: We’ll have at least 3 collections cross chained right from the start, with some incentives to make the bridge opening exciting.
We’ll keep NFT prices low so people can try out the marketplace and we can see some interesting transaction activity.
Our demo game will mint NFT on FXgora, and we’ll even do an airdrop of playable cosmetics for the demo to 1000 wallets that have interacted with our other games recently.
The demo will also automatically drop vZOO or wrapped FX to players, boosting transaction volume on FX. We’re thinking about 100k vZOO for the airdrop.
These are the only guarantees we can make regarding transactions, but we’re committed to them.
Just a heads-up, we need to get both proposals going at the same time. We’ve still got to hire 4 more people to kick off game development and get our marketing program rolling. Waiting several months after vZOO and FXgora launch to start on the game just won’t work for us. It would really mess with our resource management and make it super tough to stick to our roadmap, especially with all the different incentives like airdrops and such.
Concerning the monthly 10k$, they will be released each time we make our monthly feedback development update. The update will be sharp, well-written, and full of updates and videos. If we miss one update, we won’t claim the 10k$ for that current month.
If you agree with this idea, we will officially post the proposal tomorrow. We believe this plan aligns with our shared goals and are eager to take this next step. Your support and collaboration mean a lot to us, and we look forward to hearing from you soon!
On behalf of the public validator «FX FriendsX” (albeit not currently active), we will say that we will definitely support the proposal! It is simply necessary!
I think it is pretty clear on proposal #1, then (for numbers 1, 2, and 3).
Can we add these metrics to the proposal and unlock the fund based on them?
Let’s say:
25% of $30k if there are 20 creators who launch their collection on FXGora
25% of $30k if there are 3 (or more) collections cross-chained from another chain to FX.
25% of 30% for the X amount of transaction
The rest, if it has X wallets, interacts with the smart contract.
I think it will be great to see this number grow and the funds distributed at the same time.
For proposal #2, I personally want to see products or POC before the EGF is unlocked. Based on the metrics hit from FXGora, I think it will be more helpful to judge this. In the current situation, it is hard for me to say yes to $60k on updates, not product launches or activity metrics.
My suggestion is to give a time gap between both proposals, and for proposal #2, we can unlock X amount upfront (based on the great performance of FXGora), and Y amount once it hits certain metrics. With this method, it will also help to fund your game development team.
@Genshimaro : just tried to play the Hold’em Poker game (ID: Zoomehdi): the UI is extremely simple simple, graphics are great, gameplay is obvious. Everything seems extremely promising to me.
hey Guy’s thought I would say I’m very enthusiastic about seeing this come about for our Blockchain, I have an Idea for you while you are still in your building stages, to bring about more entry’s of players, have you considered putting in an Easter egg for when the games have been mastered to the highest levels, say Like one word of a seed phrase will be shown - with it’s number order or the number order relates to the games creation order, I believe once people have mastered 23 games of your making, the 24th will be insane attention for who will be first to win the wallet with a sizable prize, just a thought
Hopefully the proposal can be unpaused and we can move forward when applicable. While the fx team did have some adjustments they wanted made, the fx community seemed to really enjoy this proposal. Looking forward to hearing more about the mini game , but farming some fx with vzoo sounds intruiging aswell.
After careful consideration and acknowledging that our previous proposal couldn’t be fully approved, we’ve decided to adjust our budget. We’re now focusing on creating a game that will fully leverage the potential of ZooGames on the FXcore platform.
Here’s our revised proposal, which is a comprehensive blend of our previous ideas and the final version of our plan:
This all-encompassing proposal includes the development of the gaming marketplace FXgora, the integration of vZOO liquidity on FX-swap, and the creation of a new game.
FXgora Launch: FXgora is a marketplace that’s essential for our ZooGames protocol. It will provide a platform for players to trade in-game assets as NFTs.
vZOO Integration and Liquidity: We plan to make vZOO cross-chain compatible with FX and deposit liquidity on FXswap. We’re starting with $30k in initial liquidity, plus an additional $10k in FX rewards for liquidity providers.
New Game Development: We’re excited to deliver a fun, dynamic 3D game (mobile-only) that includes in-game chips, in-game NFT minting, and is compatible with cross-collection. Discussions about the game type will begin as soon as the proposal is accepted (A transparent discussion about the costs and possibilities of the new game will be opened here on this forum). We’re requesting $20k upon the beta release and an additional $30k upon the final release.
Here’s what we’re asking for:
Milestone I: At the launch of FXgora, we’ll use the grant to provide $30k in liquidity, making vZOO available on FX-swap.
Milestone II: To unlock an additional $10k in FX for the bonus reward pool on FX-swap, we need:
20 creators launching their collection on FXGora
At least 3 collections cross-chained from another chain to FX
A total of 5k transactions, including NFT minting and trading
Please note that FXgora will be a gaming-focused marketplace. We plan to use wrappedFX to give FX an additional use case.
Milestone III: Upon the beta release of the new game, we’ll use part of the $20k to incentivize vZOO and implement a marketing plan based on airdrops and giveaways.
Milestone IV: Upon the final release of the game, we’ll requesting the remaining $30k.
Total EGF grant: $90k (including $30k for liquidity and $10k for LP rewards)
The roadmap will be similar to the one previously discussed here previously.
We’re excited about this journey and look forward to your continued support and feedback!
A final update on our proposal as we adapted it to the community feedback. We are thrilled to start building a gaming ecosystem together with FX. Also, if there is high liquidity on FXSwap and the community is enthusiastic about getting more rewards, we keep the possibility of creating a new vote to request an add on to incentivize LPs in the future. Let us know if you have more questions of course.
All you need to do is create a ZooGames ID using your FXcore address (walletconnect). We’ve already ensured it’s compatible with FXcore. It’s that simple!
Regarding the milestone 1 and 2, the $10k in FX for LP incentives (with certain milestone) is clear.
But I have a question $30k in FX, do you still have the 12-month lock period (as you mentioned in the first post)?
I asked this question because 33.3% of the total funds will be in the liquidity. It is quite interesting if we compare this to the previous proposal.
Previous proposal : ($30k for FXGora + $10k for liquidity)
New proposal: ($30k for liquidity + $10k for incentives once it hits milestone)
For Milestone 3 and 4,
Will it be distributed after Milestone 2? What’s the timeline for this one?
Can you please elaborate on how to incentivize vZoo in Milestone 3? How much of the fund will be distributed to liquidity providers, considering the $10k from Milestone 2 has been allocated to these LP providers?
For Milestone 4, can we apply the method as Milestone 1 and 2?
That’s a lot of questions, but I prefer to be as detailed as possible to avoid misunderstandings.
