Good evening, I’m reporting live from City Hall where Mayor Johnson has just announced the launch of a new Community Marketing Fund. This initiative aims to support local businesses and organizations in promoting their services and events to the wider community. The fund, which totals $100,000, will be available to eligible applicants on a first-come, first-served basis. The goal is to help boost the local economy by increasing visibility and foot traffic for small businesses and non-profits. Mayor Johnson emphasized the importance of supporting the community during these challenging times. “Our local businesses and organizations are the backbone of our community,” he said. “This fund will provide them with the resources they need to reach new customers and continue to thrive.” Applications for the Community Marketing Fund will open next week, and the city encourages all eligible parties to apply. This is a great opportunity for businesses and organizations to get the word out about their products and services, and we’ll be sure to keep you updated on the impact this fund has on our community.

The crowdfunding round for the Community Marketing Fund (CMF) has been successfully completed! However, the fund is ongoing and contributions are still welcome. A big thank you to everyone who has supported this initiative so far.

Initially, a pool of 750k $KAS was requested to fund the first three months of creative content and management efforts, as outlined by community contributor Rhubarbarian. The collected coins will be used for marketing expenses and monthly spending reports will be provided by Rhubarbarian.

The funds were gathered through a crowdfund pool created by Rhubarbarian, as per the community’s vote. The objective is to support ongoing efforts with no strict timeframe, allowing for the development of strategies and reaching a wider audience with the message of Kaspa.

The coins were collected at a specific address which is managed by Rhubarbarian. The address is public and can be viewed on Kaspa’s explorer. Although the initial collection window was one week, the process is meant to be ongoing without any time constraints.

Rhubarbarian brings extensive experience in marketing complex products and services, having worked on successful crypto and blockchain projects since 2017. He has already made significant contributions to Kaspa’s branding, social media growth, and outreach efforts as a volunteer.

The proposal includes plans for team building, strategic programming, PR management, and support for merchants and ambassadors. New platforms such as a monthly video news series, meetups, and discord scrums are also part of the plan to engage the Kaspa community and attract a broader audience.

For more information and details about the initial proposal, you can visit the link provided.

The original post can be found on Kaspa’s website under “New Community Marketing Fund”.