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MorningStar✨

Project Support Program - MorningStar

1. Introduction to the Project Support Program

1.1 What is the Project Support Program?

  • SatsX Project Support Program
    • Aims to provide support and resources for promising innovative projects to foster their growth and success.
    • The driving force of innovation and progress comes from relentless builders, so SatsX is committed to launching the Project Support Program to assist every entrepreneur as needed.

2. Value of the Project Support Program

2.1 Why have a Project Support Program?

  • Objective: Support Entrepreneurs in Achieving Vision and Goals
    • Our goal is to motivate more potential builders to contribute to the prosperity of the BTC ecosystem.
    • The Project Support Program serves as an incentive mechanism, encouraging the development of innovation and entrepreneurial spirit, aiding in active community engagement, and lowering the barrier for builders.

    2.2 Relationship between Builder Experience and the Project Support Program

  • Multidimensional Support and Resources
    • The Project Support Program not only provides financial support but also promotes collaboration and communication among different projects.
    • Team development extends beyond product limitations; various protocol teams will form a closely-knit and vibrant community.
  • Personalized Support and Resources
    • The platform will offer personalized support and resources for different projects, enabling project teams to better tackle challenges and drive business growth.

3. Application and Review of the Project Support Program

3.1 Scope of Support

- All Atomicals & Pipe NFT projects.

3.2 Application Information

If your NFT project meets the criteria, please provide the following information based on the protocol to which the project belongs:

3.3 Timeline

First phase

- *Application Period* 2024/01/05-2024/1/28 00:00 (GMT+0)

- *Program Duration* 2024/01/29-2024/02/25

4. Support and Resources of the Project Support Program

4.1 Financial Support

  • Calculated from the start of the activity:
    • If the weekly transaction volume reaches 1 BTC or more for the first week, the allocation will take place on the first working day of the following week.
    • If the weekly transaction volume is less than 1 BTC for the first week, accumulated funds will be allocated on the first working day after the end of the activity.
  • Financial Volume
    • Starting from joining the support program, 50% of all transaction revenues generated by the project will be regularly returned to the founding team to incentivize the project team to maintain development momentum.
    • The returned financial volume will be directly related to the development of the project, serving as a reward for the continuous construction efforts of the project team.
    • Flexibility of Funds
      • The funds returned by the support program are flexible and closely related to the level of project development.
      • Project teams that continuously improve project quality and drive development will receive more incentives and support.

    4.2 Promotion and Advertising

  • Open Attitude
    • SatsX always maintains an open attitude and welcomes project parties interested in constructing and developing the Bitcoin ecosystem.
    • The platform is willing to provide comprehensive support for promotional activities, helping builders enhance the visibility and exposure of their projects.
  • Continuous Resources
    • Promotion resources are sustainable and will span the entire project development.
    • SatsX is committed to providing a favorable promotion environment for builders, supporting the continuous development of projects in coordination with various promotional activities of project teams.

5. Additional Notes

5.1 Project Tracking and Monitoring

  • Real-time Display and Feedback Mechanism
    • To ensure the effectiveness and transparency of the Project Support Program, the platform will adopt a real-time display measure.
    • Regularly announce the financial volume involved in the support program and encourage builders to provide regular feedback on project progress and work schedules.
    • Through the real-time display and feedback mechanism, the platform and users can continuously track and evaluate the development of the project.

    5.2 Future Development Plans

  • Expanding the Scope of Support
    • With the development of the platform, we will continuously expand the scope of support, providing comprehensive support in terms of funds or technical functions for builders of different projects.
  • Expanding Support Categories
    • In addition to financial support, the platform will gradually expand the scope of support, including providing functional support, giving builders opportunities to realize their own ideas.
  • Enhancing Support Intensity
    • In the future, we will strive to e
    • nhance support intensity by increasing resource input, ensuring that projects receive more comprehensive

6. Support List

7. Notes & Explanations

*The final interpretation right of this plan belongs to SatsX.*
Example
Suppose there is a team that launches an NFT project and provides project-related information to SatsX, hoping to apply to join the MorningStar list.
From the launch of the project, according to the agreement between the project and SatsX, 50% of all transaction revenue generated by the project on the SatsX platform will be regularly returned to the project team.
If the weekly transaction volume reaches 1 BTC or more for the first week:
  • Duration: Judged according to the time of each period
  • Return frequency: Once a week
  • Operation time: After the initial week, on the first working day of each week
  • Operation process: On the first working day of the following week, SatsX will send 50% calculated based on the week's transaction revenue to the project team's specified address.
If the weekly transaction volume is less than 1 BTC for the first week:
  • Duration: Judged according to the time of each period
  • Return frequency: Only once
  • Operation time: On the first working day after the end of the activity
  • Operation process: On the first working day after the end of the activity, SatsX will send 50% calculated based on the accumulated transaction revenue during the activity period to the project team's specified address.
Last modified 17d ago