“The strongest stars have hearts of Kyber.”

Greetings, young Padawan!

The Kyber DAO if you haven’t heard started well over a month ago, where anyone could make a proposal that requests funds to help spread awareness of Kyber Network and KyberSwap. The DAO was given 17,000 KNC to fund proposals, of which eleven have been funded. Of those eleven, this meme factory was one of them!

We were granted 2,000 KNC to fund this meme factory, and all 2,000 of it will be given to the workers of the factory! This isn’t a contest of who has the best meme, so stay with us because everyone gets many chances to earn KNC.

Here’s how it will work:

Every meme must have some relation to Kyber (KNC, KyberSwap, Kyber Network, limit orders, token burns, etc.), but isn’t limited to only Kyber.

All memes must make sense and not be an obvious attempt at a low quality meme. To avoid low quality submissions depleting the funds, there will be a committee of ~5 people who vote just on whether or not the meme is not qualified. I will touch on that below.

The contest begins at the time of this publishing, and only ends when all 2,000 KNC has been depleted.

To make a submission, tweet the meme to @KyberSquad on Twitter, and include the hashtag #KyberMemes, or any Kyber related hash tag.

If your meme is approved, all funds will be sent out in batches every week!

Reward system:

For every accepted meme, you will receive 15 KNC (~$2.75 at time of writing).

If the meme is deemed low quality and not accepted, you’re still eligible to grab a free 5 KNC for participating, but only once!

Only one meme may be accepted per person in a 24-hour time period.

It’s raining KNC!

Voting committee:

I was hoping to not rely on any sort of voting for this meme factory, however this seems to be the only way to circumvent people submitting low quality/unrelated memes to drain the funding. I was originally suggested to use an arbitrator DAO so anyone can vote, however it didn’t seem feasible due to transaction fees involved for each meme being a proposal.

In the end the committee will be made up of 5+ active Telegram users, and they will only be voting on whether the meme is qualified for the reward. An unqualified meme would be one that has no relation to Kyber, makes no sense, or has no relation to any relevant topics.

Takeaway:

I chose to do this proposal to spread awareness because although memes may not be seen as the most professional way to spread awareness, they’re a great way to break down a complex idea into a single image, which is great for beginning to spread awareness for something as complex as Kyber. A previous DAO proposal for a T-Shirt design contest was passed, where you’ll soon be able to vote on the final design ideas, so stay tuned. Feel free to check out the DAO’s history for a list of other previously passed ideas.

We hope this meme factory brings together creative minds, even those who aren’t a familiar face in the Kyber community.

Don’t be like this guy, start making those memes and spread the word!

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If you have questions about the competition, feel free to join the:

Kyber Network Telegram or DM @DidYouSayBitcoin on Telegram

and don’t forget to follow KyberSquad and Kyber Network on Twitter!