Greetings from K STADIUM!
The Community service in the K STADIUM app will be launched. The community-led Crypto VC governance is taking the first step to its realization with the community features including investment proposals, votes, and the corresponding investment.
During the open beta period, the K STADIUM investment team introduces the projects selected for the investment pre-screening to the Forum and supports uploading it. Additional guidelines will be announced so that project teams who want to receive investment can also post topics for investment pre-screening. Please note that the proposed projects will receive official investment through community voting as shown below.
Community voting proceeds as follows:
[Voting Process]
Details of the voting policy will be posted on K STADIUM Docs (docs.kstadium.io) before the service is launched.
[Execution of Investment Funds and Rewards]
If the voting procedure is passed, the funds from the Community Pool will be put into an investment.
KOK investment will be executed based on the Community Pool raised on the day before voting starts. After the process, the entire delegated SOP as of the day before the start of voting will be adjusted at the same rate. *The SOP quantity changes but the ratio do not. Therefore, it does not affect the voting power of SOM.
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Rewards Amount: n% of issued tokens in case of new tokens. (For details, please check the project investment pre-screening materials.)
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Rewards Receivers: All investors who delegated SOP as of the day before voting.
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When the investment is confirmed, you can check the project status and roadmap in the Investment tab from the community page in the app.
The nStep team’s nurturing RPG game ‘Xeno Dragon’ which was introduced as the first project subjected to investment pre-screening will be officially registered on the Community page of the K STADIUM APP approximately on 09/30/22 and will be voted on. However, the voting schedule may change depending on the app review.
If the voting for this project passes and proceeds to the investment stage, Xeno Dragon will be launched as the first DApp on the K STADIUM platform and you will be rewarded with tokens of the new project. So, please stay tuned for our latest updates and we look forward to your participation.
We will do our best to meet your expectations.
K STADIUM Team