ICON Pinas: October 2020 Transparency Report
Hello ICONists!
October was a busy and eventful month for our P-Rep team, as we underwent a name change from Icon Pilipinas to ICON Pinas.
In addition, a lot more things happened, so let’s get to it!
ICON Pinas Quick Recap
✅ Featured guest on D’va Community AMA.
✅ Announced ICONbet GIF Wars! voting results.
✅ Announced ICON TikTok Battle! voting results.
✅ Hosted DAOcolors Testnet: Mag React! event.
✅ Hosted CRYPTO HORRORS! Halloween event.
✅ Hosted ICON KABOG! event on Telegram (2x/week).
✅ Hosted ICX News Ngayon Quiz Time on Facebook (1x/week).
✅ Completed name change to ICON Pinas.
✅ Started planning for the ICON Pinas Merch Store.
✅ Increased followers on Telegram from 4,159 to 5,533.
✅ Increased followers on Facebook from 57,286 to 57,292.
✅ Increased subscribers on YouTube from 1,274 to 1,576.
✅ Published 8 full videos on YouTube.
✅ Increased followers on Twitter from 2,953 to 3,077.
✅ Published 5 articles on Medium.
✅ Ran Bring Me An ICONista! marketing event.
✅ Ran several Giveaway marketing events.
Featured AMAs
D’va Community AMA
On October 17, the ICON Pinas team was featured on a live AMA with D’va Community.
D’va Community is a crypto group on Telegram, based in Indonesia.
Here are some questions asked during live Q&A session, along with immediate feedback received upon completion of the event:
As always, like with all of our past AMAs, the main focus and objective with these events is to grow and promote ICON to as many new audiences across the globe as possible.
Featured Events
ICONbet GIF Wars! Voting Results
The ICONbet GIF Wars! event was officially launched in September, however, the voting results were not tallied up until the early part of October.
ICONbet Gif Wars! voting results can be viewed in the video below:
Majors congrats to the following winners:
1st place: @aleihs11
2nd place: @hijiogemaung
3rd place: @AlexiesHyro
4th place: @Cha9o
5th place: @jericooooooo
In total, there were 15 participants + 68 GIFs submitted.
All the ICONbet GIFs can found in the following Medium article:
Also, the same ICONbet GIFs can be found on Telegram:
Thank you to everyone who contributed and participated in the ICONbet GIF Wars! event.
ICON TikTok Battle Voting Results!
Also, in October, our team announced the voting results of the first ever ICON TikTok Battle! event, via the following video:
Job especially well done to the following winners:
1st place: @Cha9o
2nd place:@Spongee05
3rd place: @aleihs11
4th place: @Topyawww
5th place: @Neajmik
6th place: @dona_g0522
7th place: @AlexiesHyro
8th place: @matT325
9th place: @Nhene09
10th place: @Uwuuz
In total, there were 34 participants + 74 videos submitted.
All the ICON TikTok Battle! videos can be found on Telegram:
As mentioned previously, we really appreciate all the enthusiasm and ingenuity that was displayed by community members during this fun-filled event.
Looking forward to many more community building events in the near future!
DAOcolors Testnet: Mag React!
During the month of October, ICON Pinas continued our collaboration with GPS Gaming and ICONbet by launching a DAOcolors Testnet event, asking community members to try out the *FREE* game (http://daocolors.com/) and provide useful feedback to developers.
The promo video for DAOcolors Testnet: Mag React! is included below:
17 lucky winners were rewarded 25 ICX each.
All the DAOcolors Testnet: Mag React! feedback can be found in the following Medium article:
Also, here is the same article, translated to English:
Many thanks to @Geo_Dude for helping to sponsor the DAOcolors Testnet: Mag React! event.
As a refresher, GPS Gaming announced the proposal for DAOcolors back in late September…
And in early October, the voting results came back showing that DAOcolors passsed with 71,537,963.72 worth of TAP voted and 100% approval.
The entire ICON Pinas community just can’t wait for the official release of DAOcolors!
CRYPTO HORRORS!
For Halloween, ICON Pinas hosted a CRYPTO HORRORS! event on our Telegram chat.
In total, there were 43 participants + 43 stories submitted.
All the CRYPTO HORRORS! stories can be found on Telegram:
Since our community is fast-growing and there are quite a lot of people who are new to both ICON and cryptos, we wanted to allow our veteran members a chance to share their experiences (in particular, “horror” stories), with the primary aim of educating and helping out our newbies.
A total prize pool of 200 ICX will be awarded to the best storytellers once winners are selected (this will take place on November 1).
ICON KABOG!
Our team continues to host ICON KABOG!, featuring our quiz master miss Charlotte, twice per week (Friday and Saturday night), on our Telegram chat.
Here are some agendas for a few ICON KABOG! events that took place in October:
ICON KABOG! has become a featured event and core staple each week for the ICON Pinas community, doing much to help us build camaraderie and boost engagement from active users on Telegram.
Our team remains excited and is very much looking forward to hosting many more ICON KABOG! events in the future…
ICX News Ngayon Quiz Time
Similar to ICON KABOG!, our team is also finding success with ICX News Ngayon Quiz Time, which is hosted weekly (every Saturday) on our Facebook page.
Each week, there is a quiz (5 multiple choice questions) on the latest episode of ICX News Ngayon, and a reward of 100 PHP via load (or ICX tokens) is rewarded to community members who are able to answer all the questions correctly.
Here are the announcements of winners and corresponding questions + answers associated with each event:
Boosting engagement on Facebook is very important to our long-term goals on this social media platform, and ICX News Ngayon Quiz Time is proving to be an important piece in helping us to solve that challenging puzzle.
ICON Pinas Name Change
As highlighted in a separate Medium article, our P-Rep team decided to undergo a name change from Icon Pilipinas to ICON Pinas during the tail end of October.
Our team is most excited about this most recent name change, and we couldn’t be more pleased with the outcome of this rebranding effort.
We really hope ICONists dig the new name and look!
ICON Pinas Merch Store
In an effort to enhance our community building efforts (particularly in the Philippines), ICON Pinas is in the early stages of planning for an online merch store…
We still have lots of details to sort out, but the tentative plan as of now is to provide an “easy access” solution so that passionate community members will be able to sport gear (such as t-shirts), with the ICON Pinas name and logo design on it.
Further down the line, being able to offer up merchandise designed by community members themselves, will be the ultimate goal…
We will be sure to provide more updates as they become available.
Social Media
Telegram Growth
There are currently 5,533 members on the ICON Pinas Telegram chat, which increased from 4,159, previously.
Facebook Growth
At the conclusion of October, the ICON Pinas Facebook page has achieved 57,164 likes and 57,292 total follows (up from 57,153 likes and 57,286 total follows, previously).
YouTube Growth
The ICON Pinas YouTube channel now has 1,576 subscribers (up from 1,274, previously).
YouTube Educational Videos
In total, 8 new YouTube videos were published by our team in October:
- ICX News Ngayon Episode 19: ICON 2.0 Gangnam Testnet Now Launched!
- ICX News Ngayon Episode 18: Zzeung App is Gaining Mass Adoption and Rising Up in Ranking!
- DAOcolors Testnet: Mag React!
- ICX News Ngayon Episode 17: Rotating Block Producing Slots May Help to Solve Offline Sub P-Reps
- ICON TikTok Battle! Voting Results (September 2020)
- ICX News Ngayon Episode 16: OMM (Open Money Market) ICON Network’s Next DeFi Project
- ICONbet GIF Wars! Voting Results (September 2020)
- ICX News Ngayon Episode 15: So Many Exciting New Games Coming Soon to ICONbet!
The videos listed above were also uploaded onto the ICON Pinas Facebook page.
Twitter Growth
On Twitter, ICON Pinas experienced modest growth this month, as our followers have increased to 3,077 (up from 2,953, previously).
Medium Educational Articles
In October, our team published 5 articles on Medium (2 of which are translations of articles to Tagalog/English):
- Palit-Pangalan: Kami ang ICON Pinas!
- Name Change! We Are ICON Pinas
- DAOcolors Testnet: Feedback!
- DAOcolors Testnet: Mag React!
- Icon Pilipinas: September 2020 Transparency Report
Instagram Growth
We currently have 124 followers on Instagram (up from 122, previously).
Similar to the last few months, not much needs to be said for our progress on Instagram at this time. Quite frankly, until we can go back outside to take regular photos, ICON Pinas will not prioritize growing our Instagram page.
Instagram growth remains more of a long-term plan for us at ICON Pinas.
Marketing Campaigns
Bring Me An ICONista!
In the past, ICON Pinas has relied heavily on Facebook for marketing ads to promote and grow ICON awareness. However, at this current juncture of our growth phase, our team has decided that it would be worthwhile to try other marketing approaches, as well.
In October, we hosted the Bring Me An ICONista! referral event on Telegram.
Giveaways
Furthermore, team member Jenny has been experimenting with giveaways on Twitter, as a means of attracting and encouraging an entirely new/different audience to learn more about ICON.
Over the next few months, we will have a much better idea of how well these new marketing tactics are working…
As it pertains to impressions, likes, re-tweets, so far, so good.
And as always, we are open to trying out new ideas and approaches so that we can keep on growing ICON.
Spending
ICON Pinas was very fortunate to have our second Grant Application approved by ICON Foundation in October, which will continue to help our hyper-growth efforts TREMENDOUSLY (with first funding of the new grant scheduled to take place in late November).
Again, many thanks to ICON Foundation for all their support, because without their help and support, none of what we achieved to date would have been possible!
Also, many thanks to our voters who continue to support us through the ups and downs! Your loyalty means more to us than you know!
Total monthly expenses in October included the following:
- Marketing ads = 13,226 (~273 USD)
- Events and community tips = 62,194 PHP (~1,283 USD)
- Software and plugins = 3,003 PHP (~62 USD)
- Node and infrastructure support = 2,696 PHP (~56 USD)
For a subtotal of: 1,674 USD
Please note: Node and infrastructure support expenses were “only” ~56 USD (i.e., sub P-Rep spec), despite the fact that ICON Pinas was fortunate enough to gain the votes needed this month (i.e., in late October) to be promoted to main P-Rep.
Although our P-Rep team had to immediately upgrade our node to full-spec to support the new change to main P-Rep status, these prorated costs won’t be accounted for until we receive our next billing statement.
Salaries paid out in October included the following:
- Contractor services = 14,480 PHP (~299 USD)
- Core-team total staff wages = 48,463 PHP (~1,000 USD)
For a subtotal of: 1,299 USD
With all that being said, our team is long ICX tokens (we truly do believe in ICON), and we try our best not to sell any of our own personal holdings on exchanges/market, as much as possible. Outside of selling ICX tokens to pay for necessary services and staff salaries, any remaining rewards accrued (i.e., income earned via ICX tokens) were staked.
P-Rep Ranking
At the conclusion of October, ICON Pinas was ranked #22 among global P-Reps on the ICON Network.
At month’s end, ICON Pinas has racked up 4,251,655 votes (an increase from 3,605,652 votes, previously).
As mentioned in the previous section, our team gained the special opportunity of operating as a main P-Rep in October, cracking into the top 22 for the first time ever.
It seems like only yesterday that our team was ranked #105 and just getting started with ICON as a newly established P-Rep. This entire journey has been humbling in many ways (i.e., it took a tremendous amount of work, effort, luck, etc. to get here), so being a main P-Rep is something that we will NEVER take for granted.
Furthermore, at this time, we would really like to say THANK YOU and give a special shout out to our voters — We owe a deep gratitude for your trust and confidence in our team!
With these type of things, which are so dynamic in nature, you just never know how long they will last for, so you just have to appreciate the moment as much as you possibly can, while it’s there.
Please note: 1,000,000 of our votes in October came courtesy of ICON Foundation, via grant approval, which we are ALWAYS most humbled and grateful to have received.
We sincerely hope that after reporting this month’s transparency report, ICONists will agree that we’ve been a very productive P-Rep team that is well-deserving of all votes we’ve received to date.
ICON Pinas is most passionate about ICON (this is the ONLY blockchain project we focus on!) and we are dedicated to working as hard as we possibly can to help accelerate growth and mainstream adoption.
Thanks for reading. Salamat po!
You can learn more about ICON Pinas by following us here:
Telegram: https://t.me/icon_pinas
Twitter: https://twitter.com/IconPinas
Facebook: https://www.facebook.com/IconPinas/
YouTube: https://www.youtube.com/channel/UCqkwvlG2636SqqtjOYAxOhQ
Instagram: https://www.instagram.com/iconpinas
Medium: https://medium.com/@iconpinas
Disclaimer: Cryptocurrencies, are EXTREMELY volatile! These assets are also very speculative in nature, and no one should ever buy any without first conducting their own thorough research + due diligence. Never put any more capital at risk than you can comfortably afford to lose all of!
As ALWAYS, proceed most carefully, and if you have any questions, please consult a professional financial advisor.
