HIP-17 | One Million Founders Grant Request

:small_orange_diamond: HIP-17 | One Million Founders Grant Request :small_orange_diamond:

Snapshot Time for the Vote:

First block after August 7, 08:59 pm UTC time.

Voting Period:

Voting starts: August 7, 09:00 pm UTC time
Voting ends: August 13, 09:00 pm UTC time

Threshold for Approval:

  • 65% Approval Rate

Summary of Proposal:

  • Allocate a one-time $100,000 budget spread over 4 months for the One Million Founders (OMF) and My Board Games (MBG) Projects.
  • The project team requests $25,000/month for 4 months (total $100,000) to run both project phases in parallel and deliver a self-sustaining ecosystem within 3 months.
  • OMF is a NFT-powered referral system where early adopters, influencers, and community builders receive tradable NFTs that grant profit-sharing, governance, and exclusive platform access.
  • MBG is a suite of easy-to-play, turn-based, ad-supported multiplayer board games (starting with Ludo and Backgammon) where NFT holders earn from platform profits.
  • The project team commits to launching both the OneMillionFounders.io referral/NFT system and the initial MyBoardGames.io platform within 3 months.
  • Project team commits to Bi-weekly progress updates including milestones, gameplay previews etc as development ramps up and as per the RoadMap shared by the project team.
  • The Project team commits to deploy a network of at least 2 and up to 20 high-reach influencers with dedicated social campaigns to drive adoption, with a focus on both early Hydra community engagement and broader Web3 gaming audiences.
  • Hydra DAO representatives will have full access to the projects GitHub repositories for real-time monitoring of progress and code.
  • Fully develop, test, and release two multiplayer board games (Ludo and Backgammon) on-chain, with integrated HYDRA-based rewards and ad/subscription monetization.

Link to the Full Proposal:

Voting Procedure:

  1. Visit https://vote.hydrachain.org/
  2. Select the proposal you want to vote on. HIP-17 | One Million Founders Grant Request in this case
  3. Pick between For or Against. Optionally you can Abstain
  4. Click on “Caste Vote” and approve the Voting transaction in your Wallet

Thank you for your participation!

1 Like

Results of the Vote conducted on https://vote.hydrachain.org/ for HIP-17

For - 34.76%
Against - 65.24%
Abstain - 0.73% of voters (pre-adjusted) decided to abstain