Budget Proposal Update

3 month Proposed Budget: Dec 2021 to Feb 2022

Metrix Coin
1 min readDec 10, 2021

As we now completed our first budget proposal, the team has submitted for governance vote the second budget proposal to fund a portion of our development (both chain and business) and marketing plans.

Note: No funds from this proposal are used to pay core team members wages who continue on a volunteer basis.

ITEM: Monthly MRX

1. Bounty Program: 1,000,000 MRX

This bounty payment will form the basis for an improved push to spread our project.

2. Marketing Promotions: 2,000,000 MRX (e.g. AMA’s, Influencer Videos, Publications, and etc)

Promotion of our project and upcoming exchange listings using carefully selected influencers, publications, etc.

3. Business Partnership Integration Commissions: 6,000,000 MRX

Success payment to business development team on signing of and successful integration of new on chain partnerships.

4. Chain fees for this proposal: 200,000 MRX (x3 equals one time fee)

5. Miscellaneous business expenses: 400,000 MRX (domain names, registrations etc)

6. Re-pay the Capital Raise MRX Capital loaned to the team of 38,500,000 MRX by Trent Richards at 9M per month for 4 months and then 2,500,000 in month 5

Please vote through the Governor Protocol. Any questions direct them to the team.

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Metrix Coin

A community-driven blockchain project that aims to enhance business models and improve business-to-comsumer relationships through our products and services.