The purpose of this proposal is to determine if the SPS DAO would like to officially sponsor Web3 gamers that were negatively impacted by the shutdown of the games listed below via the Crypto Gaming Recovery Fund. If this proposal passes, eligible players will be able to visit a claim page made available by the Splinterlands team to verify ownership of an impacted wallet to participate.
The SPS DAO will allocate the following shares of the Crypto Gaming Recovery Fund as follows:
Up to 500,000 shares will be allocated to applicants from 77bit. No wallet will receive more than 500 shares
Up to 300,000 shares will be allocated to applicants from XOCIETY. No wallet will receive more than 300 shares
Up to 200,000 shares will be allocated to applicants from HYTOPIA. No wallet will receive more than 200 shares
Up to 100,000 shares will be allocated to applicants from Pixel Heroes Adventure. No wallet will receive more than 100 shares
Up to 100,000 shares will be allocated to applicants from Radiant Arena. No wallet will receive more than 100 shares
Up to 300,000 shares will be allocated to applicants from GensoKishi. No wallet will receive more than 300 shares
Up to 500,000 shares will be allocated to applicants from Forgotten Runiverse. No wallet will receive more than 500 shares
Up to 100,000 shares will be allocated to applicants from Somnis World. No wallet will receive more than 100 shares
Distribution will be done on a best efforts basis based on a snapshot of the wallets relative to the projects announcement of closure of sunsetting of development.
Individual share allocations will be determined by the average token and NFT holdings of all eligible applicants' wallets that apply for Crypto Gaming Recovery Fund sponsorship relative to other applicants from the same project.
Sponsorship shares are based on an assessment of the projects overall size and valuation at the time of closure by the CGRF Committee.
All CGRF Sponsorship Proposals are run for 7 days and if passed the approval is final.
