Voting for The Most Popular Community Project and The Top 5 Projects

Dear KCC Community Members,

Thanks a lot for your continued support of the KCC Unicorn Contest.

KCC Unicorn Contest — project contest came to an end on May 8th. We had 114 projects that applied within the last month and 49 projects successfully deployed on KCC. According to the official timeline, we will rate and vote for the most popular community project and the top 5 projects between May 13th and 17th. As a community-driven chain, we must incorporate the feedback from the community into KCC’s development. Thus, all the community members will be able to vote for their favorite projects. Winning projects might even get a chance to tap into KuCoin’s giant user base! Please stay tuned for that.

In addition, KCC GoDAO has prepared KCC Limited NFT airdrops for users who have participated in both community voting and the Top Unicorns Week. The detailed rules about how to be qualified for the airdrop will be released soon on KCC social media. Please follow Twitter and Medium for updates.

Note: To participate in voting, you will need to hold KCS in your wallet. Snapshot.org will scan addresses with KCS and take a snapshot. The amount of KCS that has been snapshotted will determine your voting power. Please be aware that no KCS will be consumed for voting. You do not need to spend KCS to vote. The specific rules are described in the following paragraphs.

Rules:

Each user’s voting power is based on the number of KCS you have on KCC, where 1 KCS = 1 Vote. In order to avoid the possibility of a whale deciding to influence decisions on his/her own, an individual cap on the voting power is implemented. This strategy executes a configured strategy and applies an anti-whale measure to its results to reduce the impact of big wallets in the resulting value, reducing the effect on the voting power as the token amount increases.

The GoDAO members will have an additional 10% of the voting counts and a one-vote veto. For example, in Project A, the total number of votes from community users is 100K; in this case, the relevant members of the KCC GoDAO will split an additional 10K votes. Hence the total number of votes is 110K votes. We will count the votes among this 110K, and the final ranking results will be announced to the community after combining the total number of votes.

Voting Timeline:

Voting Period:

6:00 AM UTC 05/13/2022–6:00 AM UTC 05/15/2022.

Voting for Most Popular Community Award

6:00 AM UTC 5/15/2022–6:00 AM UTC 05/17/2022.

Voting for the Top 5 Projects (The Top 10 will be voted by judges)

Vote URL: https://snapshot.org/#/kcc.eth

Snapshots will be taken at Block Height 9,959,300 (6:00 AM UTC 05/13/2022) and 10,016,904 (6:00 AM UTC 05/15/2022 ). behaviors such as fraud or anything that does not comply with voting conduct are spotted during the proposing and voting process, The KCC official team will have the final rights to execute the one-vote veto and announce violations to the community.

Tutorial on how to purchase KCS and vote on snapshot

The KCC GoDAO Team

2022.05.10

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