The Incentive Process and Rules for Proposals of DMC Community Ecosystem Fund

DMC community ecosystem fund

The DMC ecosystem is committed to creating a global decentralized storage market, breaking the barriers between various service platforms, building bridges across data security requirements and decentralized storage services, and helping the users store data safely and quickly by acquiring affordable and reliable storage services, thus eventually building a free, safe, and efficient data storage infrastructure for the Web3.0 METAVERSE.

In order to attract more Web3.0 and DeFi projects, DMC Foundation has launched a special fund for community with an initial scale of 5,000,000 DMC, hoping to provide comprehensive support for various projects in the coming years.

Guidelines of the Community ecosystem Fund

1.The incentives for community ecosystem will be used for infrastructures and Eco-enabling.

The infrastructure is non-profit, but it’s the essential for the technology and the product development for the community. For example, the necessary development and sustainable maintenance of wallet, tools for voting and governance, blockchain explorer, BP operation and maintenance tools, etc.

Eco-Enabling refers to the projects and initiatives that can contribute to users, on-chain assets, DeFi applications for DMC, etc.

2.Specific process of the community ecosystem incentives

Application Period

- The team sends the proposal to the official email address developer@dmctech.io and the content should include:

The description of the proposal (description of the product or service, the value of the proposal for the DMC ecosystem, a specific implementation plan, the introduction of the team and contact info)

The execution plan of the proposal (timeline, verifiable deliverable to the community)

The required support (the amount of DMC based on the price of DMC or the amount of the storage resources the proposal needs)

Review Period

— The Foundation will regularly review the received proposals and feasible proposals will be selected and announced for public review and selection.

— Selection methods include, but are not limited to, inviting professionals, community voting. — The final results will be fed back to the community ecological team, and the details of the subsequent delivery will be confirmed.

Appropriation period

— The foundation will disburse resources in installments based on the verifiable results.

— The ecological team will submit verification materials on schedule, and the foundation will start disbursing funds after approving them.

3. Incentives for activeness

At different stages, DMC Foundation will conduct multidimensional evaluations of projects that have already been launched. The community ecological team will have the opportunity to receive additional incentives for activeness.

DMC official links

· Website: https://dmctech.io/

· Discord: http://discord.gg/dmcofficial

· Telegram: http://t.me/DMC_Foundation

· Gitbook: https://datamallchain.gitbook.io/dmc

· Twitter: https://twitter.com/datamallcoin

· Facebook: https://www.facebook.com/datamallchain

· Medium: https://medium.com/@dmcfoundation

· Github: https://github.com/datamallchain