Fight Club Agenda meeting #24 - Dec 15, 2021
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Date
Mar 9, 2022
date
Dec 15, 2021
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RECORD THE MEETING
Action Items from Dec 8
[high] Fight Club Grant to cover expenses
- Working group - tesa_daa, dionne, josjo80
everyone - Season 3 Project funding proposal
[high] Coinocracy
- Working group - pilkster, tesa, dionne, josjo80
tesa_daa - Follow-up Sabina regarding legal counsel
tesa_daa - Follow-up Eagle regarding in-house US
tesa_daa - Follow-up on contract
[high] Genesis Fund
tesa_daa - introduce Pri to stepX
1-pager / deck for accredited investors
operational questions
finalize mandate for investing
- what we will invest in
- what we won't invest in
[medium] Due diligence framework
- Working group - stevenx, chao, calavera
Expand on deal proposal work flow
Deal sheet - reformat template
[medium] Merchandise
- Lead - Dionne
Summary of merchandise program
New Action Items
[high] Genesis NFT / POAP
Yves - Create a Mirror account using multi-sig address
Fi_bo + everyone - Create a Manifesto for FC
Set NFT budget - 1 POAP + 2 NFTs
Poll on NFTs
[high] FC Operations
tesa_daa + everyone - list of roles
Agenda
Shoutouts
1) Updates
Fight Club general
1) Fight Club Governance
- Season 3 Project Grant Funding deadline - December 15.
- Grant request has been submitted.
- Manifesto
- Ops working group - pilkster, brianl, carlton banks
- End of mid-December - finish Discord set-up
- logistics of a separate DAO: Discord, Snapshot, Forum / Discourse
- Action Items:
2) Genesis NFT
- CryptoBushi original DAOPunk merchandise NFT proposal
- DAOPunks governance proposal 1 NFT = 1 vote
- NFThinker
- 2 separate designs:
- 1 for private sale (2 versions - 1 for bDAO, 1 blinged out for FC)
- 1 for public sale
- 3-d intricate NFT
- competition route
- how long do we want to keep the comp open?
- NFT creation
- when is season 3 budget being paid out?
- @NFThinker - do we want competition? timelines? design guidelines?
- @tesa_daa - POAP with Jenn
- Working group - tesa, NFThinker,
- End of November - drop POAP to FC members
- Action items:
Create a competition for NFTs 
3) Operations
- FC Roles
- Treasury - multi-sig wallet holders sign up for parcel.money
- Need to cut-down channels to 5. What should we keep and can we move any over to the new Server?
- FC separate Discord proposal - Keep education channels and weekly meetings in Bankless and move other FC discussions into invitational only Genesis server (for now)
- Notions security changing. See Bankless proposal.
- Action items:
Sign up for parcel.money
List of channels to keep
4) Education
the second webinar is next Tuesday, the topic is General VC Process + Due Diligence
5) Ultra Sound Merchandise - @ Dionne
- NFThinker - send any logos to design guild
- Action items:
6) Due Diligence framework - @stephenX @ calavera
- Investment thesis first draft - https://www.notion.so/bankless/720fc3ab529f428ab4913dba8dcffbaa?v=678a6b86ba4f4366ae8dec0463de71a9
- Governance / operations of fund
- 1 - pager / deck for Genesis Fund
- Working group - @stephenx, @chao, @calavera, @renato m
- Action items:
1-pager deck for Genesis Fund
Fight Club Genesis Fund
1) Coinocracy update
- LOI for Coinocracy - who wants to sign? Not legally binding
- $900 set-up, 0.5% aum paid quarterly, 1 investor block ~ $50k
- @pilkster swap for investor block
- @homeless - how to let people who dropped off FC chat
- @@ sponge - make announcement during cc to
- Meeting for FC website design workshop. Sign up on lettuce meet.
- Coinocracy - angel round for accredited investors (any jurisdiction)
- Still looking for a US lawyer to review operating agreement
- Working group - tesa, pilkster, josjo80, dionne
- End of December deadline - entity formation
- Action Items:
Any changes to points to push back on for LOI
Create negotiation team
Sign up on lettuce-meet for UI website design
2) Operations
- Operational role descriptions - taken from MetaCartel Ventures
2) New Items / Discussions
- Action Items:
3) Questions / Polls
- NFThinker - twilight pilot is a branding professor
- possible flexible budget
- gas renumeration
- Poll for NFTs?
- core group for FC → sweat equity - for NFT
- NFT for BanklessDAO members
- NFT for public members
- Pilkster 4th option