3, 2, 1... Liftoff
This month we're focusing our attention on expanding City Stamps to areas outside of Austin, TX, and we're announcing a new stamp you can collect from Reach[Hub], the Liftoff stamp.
Reach[Hub]
Reach[Hub], the community where blockchain builders connect, create and conquer, created a small stamp campaign with Panvala and it’s now ready for you to collect. Reach[Hub]’s goal is to support your growth and help you reach success by sharing decades of experience in development, business, and more. If you're a motivated developer looking to take your project, business, or career to the next level, they want you to be a part of their community.
This stamp campaign is specifically geared towards onboarding new people into their program. To earn this $5 Liftoff stamp for your community, learn more about Reach[Hub] and apply to join the program. You'll earn the stamp after you've paid for your first month in Reach[Hub].
This is a very limited campaign, so make sure you don’t space out and miss this campaign’s Liftoff!
Panvala City Stamps
We are halfway to our goal of minting 20 Austin city stamps for this quarter! Every time someone mints a city stamp, donations go to three different non-profits, communities or DAOs chosen by the NFT holders. We have 5 weeks left in this quarter where the local non-profits chosen in Austin will benefit from our collective giving.
Austin is where we started the city stamp, but this isn’t where it ends. We are currently in talks with Cryptorado to form a city stamp in Denver, as well as other potential chapters in Salt Lake City, UT and Lagos, Nigeria. If you have an interest in starting a city stamp where you live to help keep local resources in local hands, send us a message at membership@panvala.com.
Give Together, Shop Together
At Panvala we are always thinking about what’s next! We’ve realized that city stamps are an easy thing for most people to understand and unite around, and we want to take it one step further.
City stamps currently provide a way for us to collectively give to organizations that are making a difference in our everyday lives in cities where we live. One day you will be able to collect city stamps from all over the world demonstrating through action the importance of giving together.
Now for the second act….
Our core team is currently in the process of putting together a proposal that would allow us to shop together. We are calling them blueprint stamps! There would be one stamp for each category of shopping, like travel, food, electronics, and more. For ecah purchase you make, funds go to a community of your choice. These blueprint stamps would serve as a way to demonstrate how Spotlight Stamps will work in the future. The blueprint stamps act as a place holder for stamps that chapter guides will replace with sponsors from organizations they want to shop from. The plan is that once spotlight stamps are implemented they will rotate on a quaterly basis so that shopping together stays fresh and intriguing. Who knew shopping could be such a charitable act?!
Be on the lookout in the coming weeks for this proposal, and feel free to share your thoughts. We’d love to hear what you think about this idea.
Collect & Stake
There are just a few more weeks left to collect stamps on behalf of your favorite web3 communities before the quarter ends. There is no time like the present to do one small action that sends funding to over 300 organizations.
If you are a stamp collector make sure you are also staking $PAN on behalf of your community. When communities stake they earn extra stamps, and extra stamps means extra funding. Your community’s bonus stamps rate is determined by quadratic voting, which uses both the number of stakers and the amount of $PAN held by each staker to determine each community’s bonus. That means the best way to increase your community’s staking bonus is to encourage more community members to stake.
It takes 64 people staking 1000 PAN each to earn a 100% bonus stamps rate. Twenty people would need to stake 10,000 PAN each. But one person would have to stake 4,000,000 PAN to earn a 100% bonus. Having more people in your community stake $PAN makes it way easier to earn a higher bonus.
We will take a snapshot of all $PAN balances on Friday, April 14th, so make sure you and your community has $PAN in your wallets before then.
Upcoming Events
Staking Poll: Friday, April 14th
Quarterly distribution: Friday, April 28th
Town Hall: Tuesday May 2, 11am ET.
Get Involved
Want to dive further into Panvala? Here are some ways:
Learn more: Read through the Handbook to better understand Panvala’s endowment and governance.
Become a member community: Access the Panvala endowment and participate in our community experiences by applying for membership.