The Proposal Creator Incentive Program Begins Next Week!

Nebulas
Nebulasio
Published in
2 min readJul 24, 2020

The Nebulas Proposal Creators Incentive Program will begin next week with a maximum reward of 50,000 NAX for outstanding proposals!

After a week of community comments, the draft version of this program was mostly accepted as-is by community members, governance committee and technical committee members. Since no new constructive opinions emerged, the Committee has decided to launch the Proposal Creators Incentive Program during the next PoD governance cycle (approximately July 28, 2020).

Participation

All active projects and proposals available on Go.nebulas.io.

Reward

This program includes two reward cycles: the proposal approval award and the semi-annual review. Starting with the next governance cycle, proposals that have been approved by the PoD governance cycle will have the opportunity to receive 5,000 NAX awards. Excellent proposals and projects that emerge every six months will receive up to 50,000 NAX awards.

Start Time

The first proposal is expected to be selected after the next PoD governance cycle is completed by the end of August, 2020.

The first Excellent Proposal/Project Selection process will be held after the end of the 6th mainnet Governance Cycle which is expected to take place in October, 2020. The 39 projects and some excellent proposals that have been approved during the first four mainnet governance cycles will also have the opportunity to participate in the first semi-annual evaluation.

Selection Method

The adoption of proposals for each governance cycle shall be decided by the Governance Committee via on-chain voting. The quality assessment of proposals will be provided by the Nebulas Technical Committee for the Governance Committee to use as a reference. The selection of proposals will refer to various factors, such as quality scores, whether the PoD governance committee approved the proposal, and community based publicity. For the specific rules and scoring methods, see: The Proposal Creators Incentive Draft.

We welcome the community to share their ideas via the community forum at community.nebulas.io or join the Telegram group at t.me/nebulasen to participate in discussions, improve the quality of proposals and move forward with development.

The awards for this project will be provided by the Nebulas Foundation. The Nebulas Foundation has the right to interpret the event and reserves the right to decide to cancel or modify the rules of the event at any time.

Learn more about Nebulas:

Official website: Nebulas.io
Node Platform:
node.nebulas.io
Smart asset platform nextDAO:
nextDAO.io
Github:
github.com/nebulasio/go-nebulas
New Telegram(EN):
t.me/nebulasen
Telegram Node Operating Group:
t.me/nasnode
Community Forum:
community.nebulas.io
Twitter:
@nebulasio
Instagram:
nebulasio
Facebook:
@nebulasproject

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Nebulas
Nebulasio

nebulas.io / Nebulas is a next generation public blockchain, aiming for a continuously improving ecosystem.