NAME: bounty based smartcoin marketing campaign
WORKER HANDLER: smartcoin-marketing (a committee owned account)
TOTAL: 9M BTS
DURATION: 2018/11/10 - 2019/2/7 (90 days)
DAILY PAY: 100K BTS
WORKER ID: 1.14.129
“Stable coin” become hot recently and attracted much attention, the event that USDT is discounted more than 5% bring great worry on this token that occupy more than 95% stable coin market shares, now there is a great market chance for smartcoins, we should not miss it and need to do some big promotion to extend the market share.
Now one of the biggest market for stable coin is exchange, exchange has the demand to adopt stable coin as base trading currency, to encourage every potential people in this world to help to lobby the exchanges to adopt bitCNY and bitUSD, after community discussion, now we create a worker proposal for a bounty based smartcoin marketing campaign.
the 4 most famous exchange: binance, OKEX, Huobi, Bitfinex. 1M/0.5M BTS
Top 20 in coinmarketcap Adj.Vol(24h) ranking 400K/200K BTS
Top 50 in coinmarketcap Adj.Vol(24h) ranking 200K/100K BTS
open smartcoin market: one exchange open smartcoin market means the exchange adopt smartcoin as base trading currency and list at least 3
relevant trading pairs, including BTC/smartcoin.
if one succeed to lobby one of the 4 most famous exchange - Binance, OKEX, Huobi, Bitfinex to open smartcoin market, he/she will get 1M BTS as reward for the first adopted smartcoin(either bitCNY or bitUSD), 0.5M BTS as reward for the second adopted smartcoin(either bitCNY or bitUSD).
for other exchanges, the reward is as listed above based on the Adj.Vol(24 hours) ranking in coinmarketcap.com.
People who want to work as lobbyists need to comment on the work proposal thread and leave the information of bts account, email and which exchanges he/she want to lobby, if finally the exchange open smartcoin market, the lobbyist need to provide evidence that it’s his/her work that make things happen.
it's possible that the reward for one event (one exchange open 1 smartcoin market) be distributed to more than one people/team, this depend on the committee's judgment on the contribution.
There is a 60 days observation period, if the smartcoin markets are kept open in these period, then the highest Adj.Vol(24h) rank of this exchange in coinmarketcap in these 60 days will be used to determine the reward.
the worker proposal will end at 2019/2/7, only when exchange open smart coin market from when the worker proposal is active to the end day then the reward will be distributed accordingly.
this worker proposal will collect totally 9M BTS. it will suffice if not too many exchanges adopt BTS.
if too many exchanges open smart coin markets and the totally 9M BTS is not enough to pay the reward, it is possible that open market operation fund release the fund to fill up the gap. however this need another discussion to reach consensus.
