VENTURE VOTING
HOW IT WORKS: You may choose to allocate any amount of $UtiliteX from your holdings to any number of projects on the voting block, with one (1) $UtiliteX counting as one (1) vote.
The total amount of $UtiliteX committed to the winning project will be match-funded up to 1M $UtiliteX by the TreasuryXRPL team and sold for XRP in stages. The winning project will receive the funds in several payments as they reach milestones in their project.
Voters who back the winning project will receive a predetermined reward, listed under the rewards section of each project.
Any $UtiliteX votes pledged to projects who do not win the round will be returned to the voter.
IMPORTANT: You will not receive the UtiliteX you voted for the winning project with back, you are receiving their rewards as detailed below in return.
VOTING ENDS IN
Total Vote Count This Round:
Your Available Balance to Vote with:
TOTAL VOTE COUNT THIS ROUND
VOTE COUNT UPDATES EVERY 5 MINUTES
NFTempo
Project Overview
NFTempo is a XRPL based marketplace for music NFTs. We’re democratising music for all via a revolutionary marketplace and educational content. We’re building four interconnected modules to form our ecosystem:
- Our flagship module is our tokenized royalties marketplace. We’re enabling musicians to sell shares of their music's commercial rights via NFTs.
- The music NFT marketplace allows musicians to sell digital collectibles to their fans.
- The NFT ticking hub provides a programmable ticking service for both metaverse and IRL events.
- The NFT DeFi module enables NFT holders to deploy complex sets of DeFi tools for their assets. including staking, liquidity pools, NFT bonds and much more!
By tokenizing royalties, we unlock music's true value and empower fans to support creators, whilst directly benefiting from the artist’s success! NFTempo is fully committed to expanding the utility of the XRPL by tokenizing music. We’re unlocking the next wave of value for musicians, fans and XRP holders alike.
Rewards
Voters rewards will be structured as follows:1 XRP worth of $XFT tokens for every 1 XRP of $UtiliteX votes up to 100 XRP in value.
1.115 XRP worth of $XFT tokens for every 1 XRP of $UtiliteX votes between 101 and 499 XRP in value
1.25 XRP worth of $XFT tokens for every 1 XRP of $UtiliteX votes greater than 500 XRP in value
In addition to this:
- Top 50 voters will receive an additional 100XRP equivalent of $XFT
- Top 25 voters will receive an additional 250XRP equivalent of $XFT
- Top 3 voters will receive an additional 500XRP equivalent of $XFT
Please note:
- $UtiliteX value will be taken at the time the voting goes live.
- Airdrops of XFT for UtiliteX voters should NFTempo win will be:
1. 20th April
2. 20th May
3. 20th June
- With individual snapshots of XFT occurring just prior to each AirDrop to determine how much $UtiliteX voters will receive.
The first rewards for $UtiliteX voters are scheduled for 20th April as this will be after the public airdrop to account for potential volatility the public air drop may have on the value of $XFT for $UtiliteX holders.
Foodware
Project Overview
Foodware XRPL is an African blockchain-based food logistics company. We are building Africa’s No. 1 Blockchain-Powered Food Network through our Marketplace – THE FOODWARE HUB.
Foodware Hub is Africa’s First Local Food Commodity Marketplace with full Integration of Blockchain Technology and Cryptocurrencies. It’s designed to connect millions of consumers to farmers/food vendors, this platform is powered by Foodware Coin ($FWX) our utility token.
Activities in our ecosystem are Consumer Content Rewarding (Post2Earn), User Governance, Staking, Decentralized Discounts, NFTs, and 50+ Crypto payments. We aim to bridge the economic backlogs experienced by farmers/vendors and consumers in the food supply chain.
Rewards
Voters rewards will be structured as follows:1 XRP worth of $FWX tokens for every 1 XRP of $UtiliteX votes.
In addition to this:
- Top 50 voters will receive an Extra 200 $FWX each.
- Top 20 Voters will each be given a Spot in our VIP List (0.5x Whitelist Mint Price) of the Foodwares NFTs Collection.
- 2nd and 3rd Voters will each receive 1 Free Mint of the Foodwares NFTs Collection
- Top Voter will receive one of the 2 Food Generals of the Foodwares NFTs Collection
Please note:
- $UtiliteX value will be taken at the time the voting goes live.
- Value for $FWX is set at the planned IDO value of $0.05 and will be converted to XRP to calculate how much FWX voters will receive just prior to the distribution in Q4 2023.
- NFTs will be distributed when minting starts in Q2 2023.
Beat Your Beat
Project Overview
Beat Your Beat is a social music NFT platform that empowers independent musicians by creating a direct connection between artists and fans.
It offers a marketplace where fans can own a share of their favorite music and earn a portion of royalties.
The BYB Artistic Fund supports the creation and production of artists within the ecosystem, with fans voting for their favorite musicians to receive support.
Using Web3 technology and GPS integration, the platform bridges the gap between the digital and physical world of music, promoting local music scenes and connecting artists with local businesses.
BYB aims to revolutionize the music industry and provide independent musicians with recognition, support, and a more sustainable future.
Rewards
Voters rewards will be structured as follows:- Voters will receive 0.25XRP worth of BYB for every XRP of $UtiliteX voted with if voting between 1XRP and 100XRP worth of UtiliteX.
- Voters will receive 0.30XRP worth of BYB for every XRP of $UtiliteX voted with if voting between 101XRP and 799XRP worth of UtiliteX.
In addition to this:
- Voters will receive 1 NFT from our Founders collection and 10,000 BYB tokens when voting with 800XRP worth of UtiliteX or more
- Top 10 voters will receive an additional 1,000 BYB
- Top 5 Voters will receive a FPTK hoodie or t-shirt
Please Note:
- $UtiliteX value will be taken at the start of voting
- $BYB value will be the IDO price which will be announced prior to the IDO launch, in April