Start Up Cost Proposal #2/#3: Re-Work GUI for Seed Phrases + Recovery Process

by Decentralizd (5 proposals submitted)

Asking for 9,000,000.000 DVT
  • Approval votes weight
  • 5,808,213.446 DVT
  • Last vote 8 days ago
  • No disapproval votes
  • Ends in 14 days (10/08/2019 1:07:57am EDT)
  • Started 15 days ago (09/08/2019 1:07:57am EDT)

(5,808,213.446 of 751,667.866 required coins voted)

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We have to readjust the amount of DVT we need to pay for the total .5 btc of bills as the market was not very favorably timed vs the last proposal and the deals we had in place fell through, this is our way to finalize those deals as well as add new folks to them.

This is a follow up proposal to https://devault.online/proposal/start-up-cost-proposal-re-work-gui-for-seed-phrases-recovery-pro

Discussion at https://devaultchat.cc/t/start-up-cost-proposal-rework-gui-work-for-seed-phrases-2-7m-coins-from-community-budget-split-amongst-donators/171


With the market taking a further downturn while the proposal was being voted on folks decided the deal was not very fair and other than 2 people everyone did not want to adhere to the 14 Satoshi price, thus we would like to place another 9m coins (total of 11.7m) into the multi-signature address for purposes of OTCing them and paying our costs to the 3rd party developers of which the total came to .5 btc.

This would bring the average price per coin OTC currently down in line with the market (4.27 sats). We would like to further add folks to split the amounts off into chunks of .5 and 1m offerings for those interested in order to ensure the decentralization of the sale. First come first serve though as we need to get this paid for we've had these folks waiting for quite some time.

I would request 4m coins added from this superblock as well as 5m coins from the next superblock, upon which time the coins will be handed out to the owners as the 3 month lock will have passed. This should be fine as 10m or more coins are usually created per superblock.

So far we have 2 pledges who have sent btc and are aiming for a total of atleast 10. Please let us know if this interests you.

The previous proposal that was already passed: https://devault.online/proposal/start-up-cost-proposal-re-work-gui-for-seed-phrases-recovery-pro

As stated before, we will not be pursuing any further 3rd party development such as this until we have our budgets under control.

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