Having airdrop outweigh lbp is concern. Xpop redemption can be delayed. Giving to auction buyers seems solid idea. But I might suggest a short vesting schedule inline with shortest seed round vest. 3 months.
To prevent a dump and decline in the price, I’d suggest doing a campaign similar to the one we did with the bored ape yacht club. Basically, in order to receive an airdrop, a BAYC holder needed to allocate votes to non-profits. Similarly, we can do something where all LBP participants would be eligible for a % of the tokens, if and only if they vote for a non-profit to receive a similar allocation.
Perhaps we can do something like a 20-80% split - 20% goes to LBP purchasers, and the other 80% goes to non-profits, who might be less likely to dump. This also has the advantage of further increasing the token distribution and awareness of Popcorn’s mission. It would essentially be roughly equivalent to a donation of roughly $5.6M in POP to non-profits which could make major world news.
I think regardless, any distribution from unsold tokens should have vesting attached to them.
bearing in mind there is already an allocation of funds for liquidity, I’d honestly be tempted to burn the leftover tokens from the LBP… it has minimal effect against liquidity and price and means we then don’t have to figure out what to do with them if we were to return them to the treasury…
vesting or burning … in either case, the LBP participants should be at the centre of it…
Non-profits are getting the actual funds anyway! how does it help to allow the non-profits hold governance of the funds they are getting? thats a conflict of interest… like allowing members of the Congress to vote to increase their own salary?!