Budget proposal, December 2018:

The Helix team is working hard on releasing new features such as the Helix Decentralized E-commerce Platform, and overall wallet updates. We are also generating funds to list our project on new exchanges such as Stex and/or Crypto-Bridge. In the meanwhile we are working with multiple marketeers to promote our project into their channels and to their followers. However, to make sure that we have enough funds to be able to keep these expenses going, we created this budget proposal with the following distribution.

As stated in our project details, the budget proposal will never exceed more than 10% of the block reward per block. In this case that would bring our monthly budget to 64.800 HLIX (1.5(10% of 15 per block)*1440 blocks a day (1 per minute) *30 days (~30 days in a month)).

The distribution will be as followed:

• 30% development - 19440
• 40% marketing - 25920
• 10% savings (such as exchange funds) - 6480
• 10% team payout - 6480

Due to a mistake in the budget proposal of december 2018, the budget did not get paid out. The budgets submitted in to the network should at least have passed before the payment cycle starts. However, for this month, we submitted the proposal during the payment cycle and therefore it didn't get paid out.

We resubmitted a new budget proposal for December 2018, we hope that you guys, the community, would vote for this proposal again.

For those who want to check the the blockexplorer if we really didnt get paid for this month, check the starting block of januari (the old one (non-correct version)) which is the end block of the previous month, december. You'll see no budget payment for this month.

We apologize for the inconvinience.

  • Team Helix