{"action":"created","issue":{"url":"https://api.github.com/repos/SuB1X-Coin/proposals/issues/5","repository_url":"https://api.github.com/repos/SuB1X-Coin/proposals","labels_url":"https://api.github.com/repos/SuB1X-Coin/proposals/issues/5/labels{/name}","comments_url":"https://api.github.com/repos/SuB1X-Coin/proposals/issues/5/comments","events_url":"https://api.github.com/repos/SuB1X-Coin/proposals/issues/5/events","html_url":"https://github.com/SuB1X-Coin/proposals/issues/5","id":340244871,"node_id":"MDU6SXNzdWUzNDAyNDQ4NzE=","number":5,"title":"SUB1X Premium Club + Improvement Suggestion Discussion","user":{"login":"SuB1X-Coin","id":34317732,"node_id":"MDQ6VXNlcjM0MzE3NzMy","avatar_url":"https://avatars3.githubusercontent.com/u/34317732?v=4","gravatar_id":"","url":"https://api.github.com/users/SuB1X-Coin","html_url":"https://github.com/SuB1X-Coin","followers_url":"https://api.github.com/users/SuB1X-Coin/followers","following_url":"https://api.github.com/users/SuB1X-Coin/following{/other_user}","gists_url":"https://api.github.com/users/SuB1X-Coin/gists{/gist_id}","starred_url":"https://api.github.com/users/SuB1X-Coin/starred{/owner}{/repo}","subscriptions_url":"https://api.github.com/users/SuB1X-Coin/subscriptions","organizations_url":"https://api.github.com/users/SuB1X-Coin/orgs","repos_url":"https://api.github.com/users/SuB1X-Coin/repos","events_url":"https://api.github.com/users/SuB1X-Coin/events{/privacy}","received_events_url":"https://api.github.com/users/SuB1X-Coin/received_events","type":"User","site_admin":false},"labels":[{"id":929383619,"node_id":"MDU6TGFiZWw5MjkzODM2MTk=","url":"https://api.github.com/repos/SuB1X-Coin/proposals/labels/draft","name":"draft","color":"f9d0c4","default":false},{"id":929383772,"node_id":"MDU6TGFiZWw5MjkzODM3NzI=","url":"https://api.github.com/repos/SuB1X-Coin/proposals/labels/voting","name":"voting","color":"0e8a16","default":false}],"state":"open","locked":false,"assignee":null,"assignees":[],"milestone":null,"comments":2,"created_at":"2018-07-11T13:35:16Z","updated_at":"2018-07-12T20:32:02Z","closed_at":null,"author_association":"OWNER","body":"## Requested funds\r\n\r\nOne single 100 SUB1X payment to:\r\n`ZMFXaQHX8Tnur2Kojp8GmA5X61JYKiJDRf`\r\n\r\n## Describe your proposal\r\nDiscussing the idea of creating a SUB1X premium portal and suggesting any features/improvements that could be added to the blueprints for it. The top 10 most active participants on this Github issues will be given 10 coins each. \r\n\r\nThe posts must be constructive and relevant to the utility being deliberated. \r\n\r\nThe proposal submitted is a vote on whether coins should be rewarded to the best contributors. \r\n\r\n#### What is the SUB1X premium portal?\r\nThe SUB1X exclusive club provides an affordable decentralised resource centre for investors in the Masternode space. This will be done by attracting key influencers, focusing on exclusivity and creating a multi-incentive rewards based system to encourage quality content production. \r\n\r\nWhen considering a usecase for SUB1X, we wanted to consider a utility that would reflect the ultra low supply of the project and the economic principle of scarcity. The SUB1X premium portal fulfills these criteria and has many advantages over traditional content providers.    \r\n\r\n+ **Influencers:** Each month, several influencers are given free entry into the SUB1X club. They are selected based on either credentials in the crypto/MN space or social media following. \r\n\r\n+ **Quality of Information:** Many groups are lacking when it comes to the availability of information. The SUB1X platform is designed to attract the most knowledgeable figures in the MN space and give monetary rewards for those who post valuable community contributions. \r\n\r\n+ **Dividends:** All members of the premium portal are entitled to monthly SUB1X. This will be created via a governance proposal that assigns 100 coins to a single dividends wallet. These coins are then staked and the returns are pooled together at the end of each month. \r\nThe monthly yields depend primarily on how many members that have joined the SUB1X forum. In terms of other factors, PoS network weight would determine the amount of coins accumulated over the monthly period, but the differences would be negligible when considering the low variability in difficulty over such a short time frame. \r\n\r\n+ **Reward Incentive Mechanisms:** A quasi - \"Proof Of Brain\" consensus similar will be adopted to the algorithm used by Steemit. A minimum amount of SUB1X coins are allocated to the upvoting system, which are then distributed to members based on a variety of factors: reputation ranking, post popularity and  \r\n\r\nThere are 2 potential ways to generate and distribute coins to existing premium portal users. \r\n\r\n1) _Governance Budget:_ Send a proposal to the blockchain that MN holders can vote on. A budget would be determined and these coins would then be allocated to users based on the amount of upvoting power they have. This would take place periodically on either a weekly, or monthly basis via a script.  \r\n\r\n2) _Block Rewards:_ One would be to dedicate an existing % of the current 0.05BR towards the premium portal. Once again the proportion would have to be decided by governance vote, but would most likely range between 10 - 20%. These coins would be pooled together at one address and allocated through a script. Alternatively, the total BR could be increased by 0.005 - 0.01 SUB1X. \r\n \r\n+ **No Spam:** Forums are prone for falling victim to spam. It can be a pain to sift through such content and difficult to deal with for site administrators. The selective and exclusive nature of the SUB1X premium club, means that it will not suffer from any of these issues. The fee of purchasing a MasterNode would create a suitable deterrent for mitigating any low level shill/spam posts. \r\n\r\n\r\n## How is it going to help the project or the community?\r\nTo move forward, the coin requires a viable use case. A Github issue is the perfect way to discuss the potential implications, drawbacks and suggestions for the SUB1X premium club.  \r\n\r\n## What will the funds be used for?\r\nIs this your first proposal? If not, please provide links to previous proposals.\r\n\r\nMarketing #2 \r\nBounty Program #4  \r\n \r\n## Proposal creator Discord user\r\nwilldono\r\n"},"comment":{"url":"https://api.github.com/repos/SuB1X-Coin/proposals/issues/comments/404641155","html_url":"https://github.com/SuB1X-Coin/proposals/issues/5#issuecomment-404641155","issue_url":"https://api.github.com/repos/SuB1X-Coin/proposals/issues/5","id":404641155,"node_id":"MDEyOklzc3VlQ29tbWVudDQwNDY0MTE1NQ==","user":{"login":"thewatchers1456","id":35935295,"node_id":"MDQ6VXNlcjM1OTM1Mjk1","avatar_url":"https://avatars0.githubusercontent.com/u/35935295?v=4","gravatar_id":"","url":"https://api.github.com/users/thewatchers1456","html_url":"https://github.com/thewatchers1456","followers_url":"https://api.github.com/users/thewatchers1456/followers","following_url":"https://api.github.com/users/thewatchers1456/following{/other_user}","gists_url":"https://api.github.com/users/thewatchers1456/gists{/gist_id}","starred_url":"https://api.github.com/users/thewatchers1456/starred{/owner}{/repo}","subscriptions_url":"https://api.github.com/users/thewatchers1456/subscriptions","organizations_url":"https://api.github.com/users/thewatchers1456/orgs","repos_url":"https://api.github.com/users/thewatchers1456/repos","events_url":"https://api.github.com/users/thewatchers1456/events{/privacy}","received_events_url":"https://api.github.com/users/thewatchers1456/received_events","type":"User","site_admin":false},"created_at":"2018-07-12T20:32:02Z","updated_at":"2018-07-12T20:32:02Z","author_association":"NONE","body":"ThatDudesBro,\r\n\r\nAlthough it would be amazing to have access to the Protal from inside the wallet I dont know if it would be possible unless you link your wallet to the Portal account. But it a very interesting concept!\r\n\r\nThinking about it now the wallet may be able to have a tab added to that has a Portal login prompt, but I would worry about security of the funds in your wallet. If you can open a pipe from your wallet to the portal then a pipe may be be possible from your portal account to your wallet. That makes me nervous. \r\n\r\nIn regards to the tiered access I really like the idea! But I personally do not like needing to pay a fee or a subscription to access the portal. Unless any subscription fees are returned to all Active Members. In my opinion there needs to be an incentive with zero drawbacks to paying a fee to access. Say that there is a monthly subscription fee of 1 SUB1X to access the portal. Active Members (users that make a post, re-post, or vote) in my opinion should have that fee saved. The only time I think a user should have to top off their account is if they do not remain active for the subscription time. \r\n\r\nBut this is only if there is a subscription fee.\r\n\r\nI honestly think it would lead to long term success of the portal if we change the tiered fee structure to a tiered minimum deposit.\r\n\r\nTier 1: 2 SUB1X (View Portal)\r\nTier 2: 4 SUB1X (View Portal, Up-Vote)\r\nTier 3: 8 SUB1X (View Portal, Up-Vote, Re-Post)\r\nTier 4: 16 SUB1X (View Portal, Up-vote, Re-post, Post original content)\r\n\r\nThe reason I like having the minimum deposit to access and use the site is it will give the sites wallet.dat even more than the 100 coins to staking. Having more coins staking for portal rewards will prevent the need to create future proposals for rewards. \r\n\r\nAs more portal users come online the. We can have governance proposals to increase the amount of SUB1X in the voting pool. "}}
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