Here's what has been happening with gridcoin.world since the last update.
Donation Address Assigned!
Jim and ifoggz have done what was necessary to set up a unique address in the foundation wallet. This address will only be used for donations intended to fund the gridcoin.world website. Thanks guys!
First, a quick reminder on how the donations will work:
The proposal asks for 700,000 GRC total.
350,000 GRC will be raised by the community.
If 350,000 GRC is raised by the community
Then the foundation will fund match the second 350,000 GRC
If 350,000 GRC is not raised by the community within 40 days of this post
Then donations will be returned to the addresses that sent them
And development on the site will stop
Any donations beyond the 350,000 GRC sought will be used to reimburse the foundation for its fund-match.
Now, let's get the show on the road.
The Donation Address
REMINDER: All donations sent to the following address will be used to fund the gridcoin.world website as detailed in the proposal found here
The following is an address held by the Gridcoin foundation wallet. Funds cannot be released from it without multiple signatures by key-holders.
We have until Sunday, October 20th to raise the 350,000 GRC to fund the gridcoin.world site. Raising the funds before then will only inspire more production!
That's it for now.
See you next time!