Budget Proposal Update
3 month Proposed Budget: Sep 2021 to Nov 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.