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Shift: Block Reward Division to the Project Wallet

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One of Shift’s strengths is that it has used an entirely equitable model of token distribution. However, increasing project development funds would help Shift remain ahead of its competition as well as maintain the business development and marketing activities necessary for becoming a market leader. The Shift Team furthermore pays its primary development and marketing personnel a salary, and intends to hire additional developers. We are therefore seeking consensus to reserve 0.1 SHIFT out of every 1.1 block reward that is forged, for the purpose of supporting the project’s growth. Because this requires the consensus of the network, the Shift Team understands the need for and shall provide transparency about the purposes of this funding. Specifications will be presented in the Introductory White Paper (JAN 18).

Event date: March 31, 2018 UTC
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