by 0x63948f87aef43558369aaf9e526201824052985f (Runixcoin)
Should the following Tier 6: up to $240,000 USD, 6 months vesting (1 month cliff) grant in the Platform Contributor category be approved?
Abstract
Runixcoin is a Cryptocurrency Exchange Platform that has its own Token, Runixcoin which runs on the Polygon Network. The key components of this project are to feature a LAND which will include mineable rocks that can be used to claim RUNIX tokens which can be swapped for MANA. This will give more opportunities for players to make money on Decentraland and help promote the MANA token. Many additional functions including NFT’s full integration onto the LAND will enable users to gain bonuses when mining. This LAND will promote the growth of users on Decentraland and increase motivation to stay online because people will be making good money. I am the CEO of Runixcoin and our skills include professional programming development, and a great team
Grant size
250,000 USD
Beneficiary address
0x63948f87aef43558369aaf9e526201824052985f
Description
Funding will be used to allocate LAND for Runixcoin and will be a LAND that contains many rocks that will be able to be mined within the Decentraland Game. The rocks that are mined will reward players with Runixcoin Tokens that can be traded on the Uniswap exchange platform. Integration of this LAND will allow users to swap between RUNIX and MANA and give more access for users to obtain MANA via different routes. This integration will bring many Runixcoin customers to Decentraland and full integration will be mind-blowing. Current objectives are to help newcomers who do not know how to deposit Polygon MANA onto their accounts, Runixcoin Exchange platform is a way to help users to do this along with being able to actually profit while being on the LAND.
Specification
The project will be completed via creating the LAND and all of its components and have it linked to the Runixcoin Cryptocurrency Exchange along with the tokens. The tools and methods that will be used are Web3 and connections to the Runixcoin Cryptocurrency Exchange. There will be different tiers of Rocks that can be mined which will grant higher rates of mining of the Runixcoin Token. The Runixcoin Token will then be able to be swapped for MANA using the polygon network and Uniswap. Current progress includes full development of a cryptocurrency exchange platform that will be soon integrated into Decentraland upon approval.
Personnel
Jordan Campbell
Position CEO
Rajman Mylee
Position CFO
Georgina Findlay
Position CIO
Spencer Kashman
Position CMO
Benjamin Figman
Position Financial Sponsor
Hayley Monroe
Position CSO
Roadmap and milestones
Roadmap will include completion of the LAND and the ability to claim RUNIX tokens to a Polygon (MATIC) Receivable Address. Progress that will be made will be given weekly, it will start with creation of the LAND. Next milestone will be adding different rocks that can be mined. These rocks after being mined will be converted into ore. The ore then can be used to convert into ingots which can be used to turn into Runixcoin Wearables that will be minted to users. Alternatively, the ingots can be converted into Runixcoin tokens which can then be converted into MANA or any cryptocurrency of choice, linked to the player’s wallet. Full integration and updates will come weekly/as frequently needed, and long-term dedication to this project is at upmost importance to the Runixcoin Team. Updates will be posted frequently and long-term development will be key in success of this excellent project.
