Token value=?€
walto
Public
Seen by 58
Hi folks, since we want to launch by 10.03, we also need to transform the monetary value entered by the dreamer into a token value.
What we discussed during the workshop as a proposal.
Assuming that:
- we have an 80% participation of ticket holders (=800 people)
- dreams budget of x€
- 10 tokens per person
- 10% of art grants do not happen
We arrive at:
1 token= x€/8000/90%
example: budget=20.000€
1 token=20.000€/8.000/90%=2,8€
What do you think?
If ok, then we would just need @alexxx to tell us how much money he can give us :D
Daniel Regev Wed 10 Apr 2019 6:31AM
To me, the KBorg boosting some projects during the middle of the voting process is anything but transparent. Maybe I misunderstood here, but in my view (as a participant and a dreamer) if there is a "boost"/auto-funding for a projects it has to show either at the beginning or at the end of the voting. Please think twice or consult with other dreamers before you play games / manipulate the platform and affect dreams which are not funded by the KBorg.
Both decisions (boosting soon so the guaranteed funding shows, or not showing as it is currently) have valid reasoning at the current situation, but real transparency would have been to show the guaranteed funding at the START of the voting, e.g gate starting from 400, welfare starting from 300, rangers from 200 etc, with a little note ("funded by KBorg") to inform the voters.
walto Sat 9 Mar 2019 11:50AM
that sounds much smarter! And yes, we saw in previous years that minimum 10% of the allocated art grants did not happen. Last year it was even 15%.
So value at 3,5€ if we have 20k€ in the pot there. neat!
walto · Tue 9 Apr 2019 8:07PM
what would be your suggestion? Add it now?