We want to dedicate our time to attract people who don’t own a single Ark and maybe haven’t even heard of Ark yet, to buy their first Ark! 1% of the ark coming from forging will be set aside. From that we will give 4 ark to every person who doesn’t own a single ark yet, but is willing to buy 25 Ark or more. We will provide support in setting everything up if needed so they can stake and giving the 4 Ark is a gesture from our side to also cover voting costs, fees etc. for first time Ark investors. We will actively spend our time approaching people but also make ourselves available for them to reach out to us. We’ll have a solid vetting procedure to make sure we are really getting people who don’t own any Ark yet so that we are sure we are growing our community.
Hey Ark Community! We are ‘yokoama’ (Samuel Zwaan) and ‘tk0n’ (Nico Engelhardt), if you are active on slack or reddit, I’m sure you’ve seen us around. Sam studied in The Netherlands (Utrecht) and the US (Georgia Tech) and is currently a Technical Product Manager at eBay. As such he is great at structuring, planning, organizing and keeping things on track. Besides this Sam is also a member of the ARK Community fund, so getting really ingrained in the Ark community and furthering Ark. Becoming a delegate is the next step to continue to support Ark and it’s great community.
Nico is born in Germany and he is working as a System Engineer for a german telephone and communications company. He is a longtime “veteran” and has been working in the streaming media and internet business for over 20 years.
Besides the fact that both yokoama and tk0n are already contributing heavily to ARK via ACF and/or having strong presence in the community, we really want to focus on spreading the word around ARK with a sign up bonus.
We wrote a more extensive piece on our sign up bonus proposal here
Part of our proposal is to use 1% of the pool rewards towards an incentive to attract new Ark members whilst at the same time promoting Ark. The idea is that 1% or roughly ~125 ark per month is used to fund people new to Ark into buying Ark. We would offer 4 free Ark for any Ark purchase a new member makes of 25+ Ark.
To avoid fraud and at the same time promote Ark we will have a vetting process:
The new member will have to join the Ark slack channel The new member will initiate into a conversation on slack with yokoama In this conversation the new member will show proof of having active social media presence New member will be asked to post an Ark message on one or more of their social media channels New member will be asked to purchase their Ark during the slack conversation and show proof of this transaction via a screenshot As you can read, that is quite a time investment on our side, which we are willing to make to avoid fraud, and for the benefit of Ark. If all goes well, that is ~50 new members each month. It may seem little, but those new members will attract new members, and they will etc. etc.
If there is lots of demand, we will consider lowering the incentive to accommodate more people. If there is not enough demand, we will increase the incentive. Besides this we will also make regular reports on our efforts (at minimum on a monthly basis) to make transparent the progress around attracting new members and how the funds are being used. We will of course also actively promote that this option exist to new members, our goal is of course to continuously spend the ~125 Ark a month on attracting new members.
In short. 1% goes to attracting new members, there is a 95% pay out rate, the rest (4%) is used to cover costs and split between yokoama and tk0n. Minimum payout is 0.5 Ark. This could potentially be lowered once the transaction fees are lowered on the next core release of Ark.
We are dedicated to delivering a high pay out and at the same time very practically growing the Ark community. We hope you understand they time and dedication we are putting into this by vetting ~50 people every month and reporting on this but we believe this is great way of growing ark and promoting it. By voting for us you are supporting this as well!
Address: ALUeCYpPvPUMt9FUEWWf2xAoaX3WXo9hou Delegates tk0n and yokoama Delegate name: thefoundry
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