As part of the new Tokenomics, there is a proposal that we take 30 million PNG and put that in a Foundation to ensure Pangolin’s future. The current thoughts are that we will allocate 6 million PNG for core team members and 1 million PNG for advisors.
One of the advisors I’d like to propose is the esteemed Dr Tamer Ovutmen
Here’s a bit of background from him:
I am originally from Turkey, and living in UK for 14 years. BSc, MSc in Industrial Engineering, PhD in Operations Management. have 10+ years strategy consulting (ex-Bain, IBM, OC&C) worked mainly in Telco and Technology sectors. Currently leading the international expansion of consumer IoT products for Vodafone. Before becoming a strategy consultant, I was an entrepreneur in Turkey. I set-up my own coffee shop brand with 4 stores in Istanbul and set-up the franchising framework for Dunkin Donut’s Turkey.
Until April, I have been leading the Blockchain Practice in Enterprise Strategy team for IBM Consulting in London. I In the last 3 years, I have completed over 20 Blockchain strategy projects all around the world focussing on decentralised identity, data sharing platforms and contract management.
I have been investing in crypto since 2017 with small amounts until mid last year. I am a part-time DeFi degen mainly focussed on Avalanche projects. I aped in to every single new DEX in Avax on their day 1. Beyond Avalanche, I have exposure to Terra, ThorChain and Cosmos chains. Recently spending a lot of time on researching the protocol owned liquidity and franctional NFT.
Beyond my DeFi investments I involved with multiple Venture DAOs: 0xVentures and AVentures. I am in the research team of 0xVentures and exposed large deal flow of seed/private round projects in Dotsama, Cosmos and Etherieum L2s. In AVentures we set up a DAO with Avalanche OGs to invest/support Avelanche native/focussed projects. I am leading the biz dev and responsibe for all the admin work.
In terms of how the PNG tokens will be vested:
- The 1 million PNG will be divided amongst all elected Advisors
- The Advisors portion will be vested to them over 4 years in 5 separate streams
- If an advisor leaves early, the “donated” portion of their PNG’s will be held in a performance bonus scheme that will allow the core team to vote on their contribution and be rewarded by a quadratic function, much the same way that Gitcoin works
Please let me know if you have any thoughts/concerns or comments