PlotX Community Offering powered by DAO Maker

Published in

DAO Maker

5 min readSep 25, 2020

Predict the future of crypto-assets.

PlotX is a non-custodial prediction protocol that enables crypto traders to participate and earn rewards on high-yield prediction markets.

Dubbed as the Uniswap of Prediction Markets, PlotX uses an Automated Market Making algorithm for market creation & settlement, as well as distributing rewards on the Ethereum Blockchain without any counterparty risk. Markets are focused on crypto-pairs like BTC, ETH, YFI, etc and are automatically created in intervals of 1h, 1d, and 1w.

PlotX also uses on-chain governance powered by GovBlocks.

Round 1: PlotX Community Offering

PlotX Community Offering, priced at $0.05/token will be conducted for active PlotX participants and alpha/beta testers and a Strong Holder Offering.

The first round of the PlotX Community Offering, will be only for the existing community members of PlotX. This round is given out to the people that have been actively helping PlotX protocol in testing and development as well as active participants in the PLOT Socials and competitions. Users that have been testing the alpha for a longer time and more actively will be given a priority in the ticket process. Therefore make sure that you whitelist the wallet that you have used to test the platform on the Ethereum Kovan Testnet. Read further to know the whitelisting process

https://alpha.PlotX.io/market/hourly/BTC-ETH

Overview:

Allocation: 125,000 USD for 250 Participants

Timeline:

Start: 26/09/2020 10 am UTC
Ending of Whitelisting: 28/09/2020 10 am UTC
Announcement of Winners: 28/09/2020 1pm UTC
Deadline for KYC/AML and Sending Funds: 29/09/2020 7pm UTC

How to participate:

Step 1: Go to the DAO MAKER Fundraising Platform at: dyco.daomaker.com and Press the whitelist tab.

Step 2: Fill out the whitelist form, make sure that the first and second name of your whitelist form matches your valid KYC & AML documents. Make sure that you whitelist the wallet that you have used for helping and testing the PlotX alpha on the kovan testnet.

Step 3: Wait for the end of the whitelist timeline and the whitelist winner announcement. Winners will be informed via email, please therefore login into the platform after the winners have been announced and also check our spam folder.

Step 4: Pass the KYC & AML Process. 30 countries are restricted from participating in the sale and citizens from these countries will not be able to pass the KYC Process. You can find the full list of the restricted countries at the end of this article.

Step 5: Once you passed the KYC follow the instructions and send the correct amount of funds in the correct currency to the address provided. Users that send too much or the wrong currency will be excluded from the sale and only refunded after the sale has been completed.

Round 2: Strong Holder Offering

The second round of the PlotX Community sale will be a Strong Holder Offering for the Open Predict Community. Open Predict Token holders have the opportunity to showcase their Strong hands by participating in the next SHO. To be eligible for a SHO lottery ticket users will need to hold a minimum of 200 OPT Tokens.

Factors that will increase the winning chance for the SHO are:

Holding tokens for longer
Holding more tokens
Providing liquidity to the OPT Uniswap Pools

Overview:

Allocation: 75,000 USD for 150 Participants

Timeline:

Start: 30/09/2020 10 am UTC
Ending of SHO application: 01/10/2020 1pm UTC
Announcement of Winners: 01/10/2020 3pm UTC
Deadline for KYC/AML and Sending Funds: 02/10/2020 5pm UTC

How to participate:

Step 1: Go to the DAO MAKER Fundraising Platform at: dyco.daomaker.com and Press the SHO tab

Step 2: Connect your Wallet address via Metamask.

Step 3: Wait for the end of the SHO timeline and the SHO winner announcement. Winners will be informed via email, please therefore login into the platform after the winners have been announced and also check our spam folder.

Terms & Vesting

Tokens Sold in both rounds will be priced at $0.05 USD. 50% of tokens will be distributed to participants on listing. In order to incentivize and generate a healthy start for the PlotX Protocol participants of Round 1 and 2 are required to use the PlotX Protocol at least one time using their whitelisted wallet on the Ethereum mainnet.

Users have 1 month time to try out PlotX and participate in markets. DAO Maker will scan all participants wallets a second time 30 days after the distribution event to see if participants have tried out the platform in that time period.

If valid transactions are detected in the wallets transaction history on etherscan, the second 50% of tokens will automatically be distributed to users. Users that have not yet tried the PlotX Protocol will be informed via email and on the PlotX Social Channels and given another month for using the platform. 60 days after the initial distribution a third wallet scan will take place for those users not received their 50% tokens yet. DAO Maker will then again distribute the tokens to the remaining users. For those that did not test the platform in those 2 months will then be automatically refunded.

KYC & AML Requirements

To pass the KYC & AML process participants will need one of the following:

Valid National ID, Passport, or Driving licenses.

Users will also need a phone with a camera or a webcam for the live face check.

Following countries are not allowed to participate in the SHO:

Afghanistan, Albania, American Samoa, Bahamas, Barbados, Botswana, Cambodia, China, Cuba, Ghana, Guyana, Iran, Iraq, Jamaica, Libya, North Korea, Mauritius, Mongolia, Myanmar, Nicaragua, Pakistan, Panama, Puerto Rico, Syria, Sri Lanka, Sudan, Trinidad and Tobago, Uganda, United States, Venezuela, Virgin Islands (U.S.), Yemen, Zimbabwe