The purpose of this proposal is to determine if the SPS DAO would like to officially sponsor Web3 gamers that were negatively impacted by the shutdown of Stella Fantasy, Embersword, Shatterline, Nyan Heroes, Deadrop, Synergy of Serra and Chains of War via the Crypto Gaming Recovery Fund. If this proposal passes, eligible players will be able to visit a claim page made available by the Splinterlands team to verify ownership of an impacted wallet for a period of 90 days from the launch of the Sponsorship program.
The SPS DAO will allocate the following shares of the Crypto Gaming Recovery Fund as follows:
- Up to 300,000 shares will be allocated to applicants from Stella Fantasy. No wallet will receive more than 300 shares.
- Up to 150,000 shares will be allocated to applicants from Embersword. No wallet will receive more than 150 shares.
- Up to 100,000 shares will be allocated to applicants from Shatterline. No wallet will receive more than 100 shares.
- Up to 300,000 shares will be allocated to applicants from Nyan Heroes. No wallet will receive more than 300 shares.
- Up to 200,000 shares will be allocated to applicants from Deadrop. No wallet will receive more than 200 shares.
- Up to 100,000 shares will be allocated to applicants from Synergy of Serra. No wallet will receive more than 100 shares.
- Up to 150,000 shares will be allocated to applicants from Chains of War. No wallet will receive more than 150 shares.
- Distribution will be done on a best efforts basis based on a snapshot of the wallets relative to the projects announcement of closure of sunsetting of development.
- Individual share allocations will be determined by the average token and NFT holdings of all eligible applicant's wallets that apply for Crypto Gaming Recovery Fund sponsorship relative to other applicants from the same project.
Sponsorship shares are based on an assessment of the projects overall size and valuation at the time of closure by the CGRF Committee.
All CGRF Sponsorship Proposals are run for 7 days and if passed the approval is final.