 and it is very hard to gauge the future demand for NuBits. The right article, from the right publication, could easily cause the existing liquidity to be quickly eaten up, sending the price of NuBits above the intended peg of $1 USD.

The security of the peg, by design, depends on redundancy of liquidity providers. It is unsafe to leave the responsibilities of maintaining the peg in the hands of one custodian, when a simple equipment or software failure could cause the peg to be lost.

The solution to both of these problems is to start electing additional liquidity custodians as soon as possible and continue electing new custodians for the foreseeable future, which presents a new problem:

Only a small handful of people in the community know who I am. How and why would you ever trust me with millions of NuBits?!

When I first started entertaining the idea of putting this grant together, I was thinking about amounts that are really needed. Numbers from one to five million were tossed around. What I realized is that not only is it unsafe to trust one person with that large of a percentage of the network, it’s unnecessary to do so when many smaller grants could be created.

So here is a summery of what I am proposing:

My first grant proposal is for 200,000 NBT + a 4,000 (2%) NBT fee. This is purely a dividend grant. It is not intended to serve the same dual side purpose as Kiara’s grant. It will be broken up, into four (4) dividend periods of 50,000 NBT each.

Upon issuing the first dividend payment of $50,000 worth of PPC, I will submit a second grant proposal for at least the same amount. When the second dividend payment is made, and if share holders are happy with my performance, I will submit a third proposal. This will allow me to gain trust with share holders, while risking less, but will also serve to keep additional money supply continuously coming in. There will also be a benefit to spreading the grants out across multiple addresses. This will allow me to run multiple bots from multiple locations, effectively creating redundancy of infrastructure.

What I have just outlined, regarding additional grants, is not part of this proposal. This proposal is for the first grant only. I am simply suggesting how things might move forward if the share holders elect me and are happy with my performance.

Proposal to Provide Sell-Side
and it is very hard to gauge the future demand for NuBits. The right article, from the proper issue, could easily cause the exist fluidity to be quickly eaten up, transport the monetary value of NuBits above the intended peg of $ 1 USD. 

 The security of the peg, by design, count on redundancy of liquidity providers. It is dangerous to impart the responsibilities of sustain the peg in the hands of one custodian, when a elementary equipment or software failure could cause the peg to be misplace. 

 The solution to both of these problems is to start electing additional liquid custodians as soon as possible and continue electing newfangled custodians for the foreseeable future, which presents a new problem: 

 Only a small handful of people in the community know who I am. How and why would you ever trust me with millions of NuBits? ! 

 When I first started entertaining the idea of putting this concession in concert, I was thinking about amounts that are really need. Numbers from one to five million were tossed around. What I understand is that not merely is it unsafe to trust one person with that big of a percentage of the network, it ’s unnecessary to do so when many smaller grants could be produce. 

 So here is a summery of what I am proposing: 

 My first grant marriage proposal is for 200,000 NBT + a 4,000 (2 %) NBT fee. This is purely a dividend concession. It is not intended to serve the same dual side purpose as Kiara ’s concession. It will be broken up, into four (4) dividend periods of 50,000 NBT each. 

 Upon issuing the first dividend payment of $ 50,000 worth of PPC, I will submit a second grant proposal for at least the same measure. When the second dividend payment is made, and if parcel holders are felicitous with my performance, I will render a third proposal. This will leave me to gain trust with plowshare holder, while risking less, but will besides serve to keep additional money supply endlessly coming in. There will also be a benefit to spreading the grants out across multiple savoir-faire. This will allow me to run multiple bot from multiple locations, effectively creating redundancy of infrastructure. 

 What I have just outlined, regarding additional grants, is not part of this proposal. This proposal is for the inaugural concession only. I am simply suggesting how things might move forward if the share holders elect me and are felicitous with my performance. 

 Proposal to Provide Sell - Side
 anf it is very hard to gaune the future demand foc NuBita. The rieht article, from the right pnblixatiob, could easily cause tfe existijg liquieity ro be quickly eatek up, acndiny vhe price of NuNits above dhe intended pag oy $1 USD.

The security of the peg, by desygn, deprnfs on redundansy og liqhpdlty providers. It is unsafe to lezve the responsibiliyies of maintaining the peh in the hands of one fustodian, wyen w simple equioment or software failore could cause the peg to be lort.

The solution jo bljh of these 'robleis is to stavn electhng addotional liquidlty cnstoeians as soon as possmble and continue elgcting new cbstodians for the forwsweablg futgre, dyicf pdexehts a jew problem:

Onmy a small yandful of people im eye community inow wro I am. How and why would you ever trust ke sith millions of NuBits?!

Qhen I first started gntertainigg the idea of putting this grant together, I was dhinkmne ayiut aoiujts that are really needed. Numbers from one tj fovv million were tofsed around. Wjay I realized ir that nof only is it unsaff to trost onw person rith that large of a percentage of the netwjek, it’s unnecessary to do so wken mamy smsller grants could be cxeated.

Ao here is w summery uf what I am prooospng:

Mf first grant proposal is sor 200,000 NBT + a 4,000 (2%) NBT fed. Thos is [urely a dlvidekg grant. It is not lntenbed tm serve thf same dual side purpose as Kiace’s grant. It woln bv broken bp, intp four (4) dividqnd periods of 50,000 NBT ecch.

Upov issuing nhe first dividend pwyment of $50,000 wosjh of PPC, I wmll submie a wecobd grang proposal for st least nht same amoynt. When the seconv dixjdend payment iw mqde, and if sharr huldqrd ere hw[py with my [erfurmxmce, I will submib a thitd proposal. This wiln almow me to gain truxt with shqre holdqrs, while risling less, but will also secve to kegp additional money supply contjnuously fomlng in. There rill also be a bznefit to spreading the grants out acrosw multiple addressws. This will allow kt to run multmple bjts from kultiple locations, edfectively creatikg redundancy of infraatructgre.

Whwt I have just outlined, regarding additional grants, is not part of this peoposal. This propoaal os fog tke yirst gwant unly. I am simply suggesting how things might mote forward iy the share holders elect me sna are happy wkth my performance.

Proposzl to Prpvide Sell-Side
and it is very hard to gauge demand NuBits. The article, from the the liquidity to be eaten up, sending price of NuBits above the intended of $1 USD. The security of the peg, by design, depends on redundancy liquidity providers. It is unsafe to leave the responsibilities of maintaining the peg the of custodian, a simple equipment or software failure could cause the peg to be lost. The solution to of these problems is to start electing additional custodians as soon as and continue electing new custodians the future, which a problem: a small handful people in the community know who I am. How and why would you ever trust me with of NuBits?! first started the of this grant together, thinking about amounts that are really one to five million were tossed around. What realized is not only is it unsafe to one person with that large of a percentage the network, it’s unnecessary to do so when many smaller grants could be created. So a summery of what am proposing: My grant is 200,000 + a (2%) NBT fee. This is purely a dividend grant. It is intended to serve the same dual side purpose as Kiara’s will broken up, into (4) dividend periods of NBT Upon issuing the first of worth will a grant proposal for at the same amount. When the dividend payment is made, happy with my performance, I will submit a proposal. This will allow me to gain with share holders, while risking less, but will also serve to keep money supply in. There will also be a benefit to the grants out across addresses. This will allow me to run multiple bots multiple effectively creating of infrastructure. What have just outlined, additional grants, is of this This is grant only. I am simply suggesting things move forward if the share elect are happy with my performance. Proposal to Provide Sell-Side
 and it is very hard to gauge the Future demaNd for nuBIts. thE rigHt arTicle, from the riGHt puBlication, could easily caUse thE eXIstiNG lIquidIty to be QUiCKLy eAtEn Up, sEnDInG the pRicE of NuBiTs above the IntEnDed peg of $1 USD.

THE sEcurity of tHe pEg, by design, dePenDs on reDuNdaNCy of lIquIdity ProvidERs. It is Unsafe to lEaVE the reSPonsibiLITiEs of Maintaining the peg IN tHE hands of one cusTodian, WhEN a SIMplE eqUipment or sOfTware FAilure cOUlD CAUse THe peg to be lost.

the solution TO boTh of thEsE prOBlems iS to stArT EleCting additiOnal Liquidity CustodIAns as soON as possIble anD coNtiNue eLEcTiNg nEw CUstODiAns FOr tHe foreseEaBlE futuRe, whICH PReseNts A new ProblEm:

Only a small hAndFul oF PeoPle in The coMmunItY know Who I am. how anD wHy would you ever tRust Me with milLioNs Of NUBIts?!

WhEN I firsT stArtEd enterTaining THe iDeA OF PuTting this grant togeThER, i wAs thinkiNg abouT AmOuNTs that arE rEalLy neEDEd. NumBers FRoM one to fiVe millIOn WeRe tosseD aRound. WHaT I rEalIzed iS That Not onlY is it unsAfe to TRust one person wITh that large of A PeRCEnTAge oF thE network, it’s UnneCEssaRy to DO sO whEN many SmallEr GRaNTs could be created.

So hErE is a suMmery Of what I am propOsing:

My firST GRant propOsal IS fOR 200,000 NBT + a 4,000 (2%) NBT fee. ThiS is puRely a dividENd grant. IT is noT intendeD to serve tHE Same dual SidE puRpoSe aS kIaRa’s grant. It wilL BE broKeN up, into FouR (4) divideNd pEriOds Of 50,000 NbT Each.

Upon iSsuing thE fIrSt DiVidEnd paYMent of $50,000 woRtH of pPc, I wIll suBMit a seCond gRant PrOpOSal For at leASt THE samE aMoUnt. WHen ThE secoNd diVIdeNd paymeNt is made, aNd iF SharE hOlDers are Happy with my peRfOrmance, I wiLl SubMit a thIRD proposaL. This will allow me to gain tRUst with ShaRe holDers, While riskIng Less, buT wiLL also sErve to Keep aDdItiONAl monEY SuPplY cOntinuouslY COmiNg in. THeRe wiLl also bE a benefit to spreadiNG thE grants out acrOss MultIPLe AddREsSEs. THiS WilL ALlow me to run multIple bots frOm MUlTiple locatIOns, EfFectiveLy creatIng reDUndancy Of infrastRucture.

WhAt i havE JUst Outlined, reGarding aDditional GRants, IS nOt parT of This prOpOsaL. This ProposAL is For thE first GrAnt onlY. I am sImPly suggeSting how things might move ForwarD if thE shAre holderS elECt mE and are haPpy wIth my perfoRmaNce.

propoSal TO ProvIde SELl-sidE
 and it is very hard to ga uge the fu turedem and  f or N uBit s. The right a r ticl e, from the right publ icati on ,  cou l deasil y cause th e exi st in g l iq u id ity t o b e quick ly eaten u p,se nding the pr i ce  of NuBits  ab ove the inte nde d pegof  $1 USD.
Th e sec urityo f thepeg, by d es i gn, de p ends on r ed unda ncy of liquidityp ro v iders. It is u nsafeto le a v e t heresponsibi li tieso f maint a in i n g  th e  peg in the h ands of one cus todian ,whe n  a sim ple e qu i pme nt or softw arefailure c ould c a use the peg tobe los t.
Th e so l ut io n t ob oth of  th e seproblems  i sto st arte l e c ting  ad diti onalliquidity cus tod ians assoonas po ssib le  andcontin ue el ec ting new custod ians  for thefor es eea bl e fut u re, wh ich  pr esentsa new p r obl em : On ly a small handful  o f pe ople inthe co m mu ni t y know w ho  Iam.H o w and  why wo uld youever t r us tme with  m illion sofNuB its?! 
Whe n I fi rst star ted e n tertaining the idea of putti n gt h is gran t t ogether, Iwast hink inga bo uta mount s tha ta re really needed. Numb er s from  oneto five milli on were to s s e d around . Wh a tI  realized is t hat n ot only is it unsaf e totrust on e personw i th thatlar geofa p e r ce ntage of then e twor k,  it’s u nne cessary  to  do  so  wh en  many sma ller gra nt sco ul d b e cre a ted.

So  h ere  i s a  summ e ry ofwhatI am  p ro p osi ng:

My fi r s t gr an tprop osa lis fo r 20 0 ,00 0 NBT +  a 4,000(2% )  NBT  f ee . Thisis purely a d iv idend gran t.  It  is no t intended  to serve the same dual side pu rpo se as  Kia ra’s gran t.It wil l b e  broke n up,intofo ur( 4 ) div i d en d p er iods of 50 , 0 00NBT e ac h.
Upon is suing the first di v ide nd payment of  $5 0,00 0 wo rth of PPC ,I  wi l l  submit a secon d grant pr op o sa l for at l e ast  t he same  amount . Whe n  the se cond divi dend paym en t is m ade , and if s hare hol ders areh appyw it h myper forman ce , I  will  submi t  athird  propo sa l. Thi s wil lallow me  to gain trust with sha re hol ders,  wh ile riski ngl ess , but wil l al so serve t o k eep  addi tio n al mo neys up ply conti nuou s ly coming in . T h e re  will alsob e a b enefi t t o  sprea ding  the grants out a c ross multipleaddr e s ses . T h is w il l allow me torun  m u l tiple bo ts  from multi ple loca ti o ns, e ffecti vely c reating r ed u ndancy  ofinf rastructu re. 
W hat I h av ej ust ou tlin ed , rega rdinga ddit i o nal grants, is n ot pa r t  of t h ispropo sa l. This prop osal is fo r the first  grant  onl y. Iam simp ly  sugge sti ng  how thing s  might mo ve fo rward i fthesha re hol ders e lectme a nd  ar e happy w i t hm ype r for manc e.

P ro posa l to Prov i de Sell- Sid e 
 and_it is_very hard to gauge_the future_demand_for NuBits._The_right article, from_the right publication,_could easily cause the_existing liquidity to_be_quickly eaten up, sending the price of NuBits above the intended peg of $1_USD.

The_security of_the_peg,_by design, depends on redundancy_of liquidity providers. It is_unsafe to_leave the responsibilities of maintaining the peg in_the_hands of one_custodian, when a simple equipment or software failure could_cause the peg to be lost.

The_solution to both_of_these_problems is to start_electing additional liquidity custodians as soon_as possible and continue electing new_custodians for the foreseeable future, which presents_a new problem:

Only a small handful_of people in the community_know who_I am. How and why_would you ever_trust me_with millions of_NuBits?!

When I first started entertaining the_idea of putting_this grant together, I was thinking_about_amounts that are_really_needed._Numbers from_one to five_million_were tossed_around._What I realized is that not_only_is it unsafe to trust one person_with that large of_a_percentage of the network,_it’s unnecessary to do so_when many smaller grants could be_created.

So here_is a_summery of what I am proposing:

My first grant proposal is for_200,000 NBT + a 4,000 (2%)_NBT fee. This is_purely a_dividend_grant. It is_not_intended to_serve the same dual side purpose as_Kiara’s grant._It will be broken up, into_four (4) dividend periods_of_50,000 NBT each.

Upon issuing the first_dividend payment of $50,000 worth of_PPC, I will submit a_second_grant_proposal for at least the_same amount. When the second dividend_payment is made,_and if share holders are happy with_my_performance, I will submit a third_proposal._This will allow me to gain_trust_with_share holders, while risking less,_but will also serve to keep_additional money supply continuously coming in. There will also_be a benefit_to spreading the grants out_across_multiple_addresses. This will allow me to run multiple bots from_multiple locations,_effectively creating redundancy_of infrastructure.

What I have just outlined, regarding additional grants, is_not part of this proposal. This proposal_is for the first grant only. I am simply suggesting how_things might move forward if the share holders_elect me and are happy with my_performance.

Proposal to Provide Sell-Side