CGRF Sponsorship Proposal - Tokyo Beast
The purpose of this proposal is to determine if the SPS DAO would like to officially sponsor Web3 gamers that were negatively impacted by the shutdown of Tokyo Beast via the Crypto Gaming Recovery Fund. If this proposal passes, eligible players will be able to visit a claim page made available by the Splinterlands team to verify ownership of an impacted wallet for a period of 90 days from the launch of the Sponsorship program.
The SPS DAO will allocate the following shares of the Crypto Gaming Recovery Fund as follows:
- Up to 150,000 shares will be allocated to applicants for this project.
- No wallet will receive more than 150 shares.
- Distribution will be done on a best efforts basis based on a snapshot of the wallets TGT token balance as of the announcement of the project closure on July 23rd 2025 or the best date available.
- Individual share allocations will be determined by the average TGT token holdings of all eligible applicant's wallets that apply for Crypto Gaming Recovery Fund sponsorship.
Sponsorship shares are based on an assessment of the projects overall size and valuation at the time of closure by the CGRF Committee.
All CGRF Sponsorship Proposals are run for 7 days and if passed the approval is final.