Welcome to a big milestone week. As we prepare for the GRAIN token launch, we will describe the next steps in the plan to grow the Paloma flock: Paloma Talent. Read on, pigeons! Let’s COO! COO!
REMINDER WARNING:
The New Hatchling Paloma Network of
tumbler
(v2.3.2) and the Pigeon relay module are on v2.3.3 Paloma will turn three years old in a few months! Its Cosmwasm and EVM contracts are still unaudited and undergoing continuous upgrades on the protocol and on all the supported target chains. The GRAIN token is available on the Paloma mainnet but is not yet trading on any centralized or decentralized exchanges. Although the flock is flying strong on the
tumbler
mainnet, it is still subject to the continued development of Paloma’s cross-chain messaging system and the security guarantees offered by the GRAIN token. We expect
tumbler
to experience weekly chain halts and chain restarts for upgrades. We also expect numerous undiscovered bugs and vulnerabilities. No one on this project controls or influences the price of GRAINs. The community will strive to preserve the mainnet state, which includes balances, but considers this mainnet high-risk. Proceed with caution.
Congratulations Flock! PIP-111: Signaling Vote to launch Paloma GRAIN Token on Ethereum Uniswap v2 or Solana Raydium as Memecoin passed on November 15th. 1,047,774,446.45 GRAINs voted to deploy the token and 96,539,178.48 GRAINs voted against the measure. Both the Paloma Foundation and Volume refrained from voting their GRAINs. The vote result indicated that the community was aligned to take advantage of the listing of the Paloma token on the decentralized exchange on Solana.
However, with this vote and alignment of the flock, the Paloma Foundation has asked the team at Volume to bring focus to a key issue: How to grow the flock of Paloma pigeon users beyond the initial community of Paloma validator pigeons and Paloma LightNode pigeons. The team at Volume proposes an ecosystem launch and growth strategy called “Paloma’s Got Talent” that aligns with famous reality shows like “America’s Got Talent”, “American Idol” and “X-Factor:” Below, we’ll outline the steps to this strategy which launches after the launch of the GRAIN token.
Current crypto ecosystem growth strategies in the blockchain space mainly focus on the following options:
These options require substantial management and sourcing of grant managers to manage both top-down and bottom-up funding of public goods for the protocol. Paloma’s small team and low initial decentralized exchange market cap will make it difficult to fund the organizational overhead to staff grant management as well as to manage the Paloma treasury.
In addition, grants have historically functioned to offer the development of public goods for the protocol. These include middleware, API endpoints, Testnets, and other infrastructure. However, given grants’ discrete distributions and the inability to sustain perpetual funding for public goods management, it is the Paloma Foundation’s view that all public goods projects must have a path to sustainable funding for ongoing maintenance that does not depend on the Paloma treasury or the ecosystem fund.
Paloma’s Got Talent will be the post-token launch ecosystem growth model and talent acquisition model of the Paloma protocol. It will also be the Paloma Foundation funding support model for teams and individuals adding value to grow the Paloma flock. Below, we define the workflow and welcome comments and discussion from the community.
Paloma’s Got Talent will be an ongoing Talent show and Livestream to attract the best global talent that are seeking awareness and publicity for their particular talents. Individuals, teams, and companies will be able to feature their talents on Paloma’s YouTube, Instagram, and TikTok channels. Each livestream event will allow anyone to propose and offer their talents to showcase and gain visibility in the Paloma ecosystem. This model is based on Volume’s leadership of UniFi DAO and TechCrunch Startup Presentation events that were successful in launching several multi-million dollar companies in the blockchain ecosystem.
Paloma’s Got Talent Launchpad will be a token launch protocol based on the pump.fun launch models. Paloma talent live stream events will be token launch events for talent who has offered to present on the show. Tokens launched on the live stream will give Paloma an opportunity to launch new tokens into its ecosystem to trade on Paloma and Paloma’s target chains, such as Base and Solana. It also gives a new opportunity to bring talent into Paloma’s ecosystem for further building and expansion of features on Paloma.
All tokens on the Paloma’s Got Talent event launch will also trade against GRAIN. In this way, GRAIN will have increased liquidity usage across multiple pools that Paloma aims to launch.
Developers, artists, musicians, AIs, companies, and anyone who can fill out our performance form can join the Paloma flock. All talent will have an opportunity to join a global showcase of talent and the public launch of the talent token for each via an established fair launch system on chains that have the deepest liquidity for unique token launches.
We are confident that as more performers apply, Paloma will attract more interest, more engagement and more application development on its chain and cross-chain logic relays.
If you need help, please open a ticket in Discord here:
.
The
Danzig Highflyer
is a
breed
of
fancy pigeon
developed over many years of
selective breeding
.
[1]
Danzig Highflyers, along with other varieties of
domesticated pigeons
, are all descendants from the
rock pigeon
(
Columba livia
). There are two major variates of the Danzig Highflyer: ones that are bred for show, and others as pets for flying.
Source:
Paloma’s team has deep expertise in attracting talent to showcase abilities and skills in the crypto ecosystem. The Paloma’s Got Talent token launchpad will bring more users to Paloma and more token launches. Let’s COO!
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