Donation Process
Operations will be in process during the donation period which will last for two weeks:
10:00:00PM April 11 TBD (Western Standard Time).
Voluntary donations will be accepted from anyone who wishes to assist with operations and the continued development of XBV.
Blockchain Ventures is already funded project so an ICO is not required.
5% (50,000 XBV) will be set aside for developmental and promotional purposes.
- 30,000 for use during first year
- 10,000 for use in 2017
- 10,000 for use in 2018
The remaining 95% (950,000 XBV + XBV staked) will be split by all donations at the end of the donation period.
Initial funding from Blockchain Ventures operations will be counted towards donations.
Total Donations = _ + _ = _ BTC
≈ _ XBV/BTC (as of April _, 2016)
Donations will be used for the following purposes
- 70% to Blockchain Ventures operations
- 20% to XBVSF
- 10% to XBVDF
During the donation period profits from Blockchain Ventures operations will also follow this structure
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I will be escrowing the donations for Blockchain Ventures.
All donations can be sent to 1EiFjM1yZwgpL2TfcuGax2eTUc9QwwF5pf.
After the donation period is finished, I will distribute 950000 XBV + staked XBV to the donators. Each donator will receive an amount of XBV that is proportional to the amount that he donated.
When you donate, please PM me the transaction id of your donation, your XBV address, and your name.
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