Grants Committee Meeting September 28th & 29Th 2021
💰

Grants Committee Meeting September 28th & 29Th 2021

Attendance
Date
Sep 28, 2021
Last Edited Time
Feb 18, 2022
Last edited by
Note-taker
Recording
Multi-select
Action Items from Previous Meeting:
Agenda:
Project Review:
Funds remaining in GC Wallet for Season 1: 722,314 BANK
  • Translator's Guild additional funding for Season 1
    • Champion: Grendel
    • Wallet: 0x045a805c83c1D4C9E5a0bdcC5a27EFa73D2a3c0b
    • Funding requested: 90,000 BANK
    • Notes: After switching to 1000 BANK for translation (and to 1500 for the translation of the NFT newsletter) and the increase in the number of languages, we verified that it was impossible to proceed with payments until the end of S1 without requesting a new grant of 90000 BANK which it will also cover the payment of roles and the 10,000 BANK project carried out by three members of the guild.
  • BanklessDAO Multisig Analytics Dashboard
    • Champion: Paulapivat
    • Wallet: 0xdfDf2D882D9ebce6c7EAc3DA9AB66cbfDa263781
    • Funding requested: 15,000 BANK
 
Season 2 funding requests
Total budget ask for Guilds 4,954,403 BANK
Amended budget after Dev Guild removed their request to submit it later during the Season
 
Total budget ask for projects: 6,815,355 BANK
Guilds
  • Legal
    • Champion: Eagle
    • Address: 0x984eC14dc726B75cA3eb6A94C64D165D37EA823e
    • Funding request: 288,000 BANK
  • Champion: Ap0ll0517
  • Research Guild
    • Champion: Big Kahuna
    • Wallet: 0x2b00Fdf9AadAFEe22Cf56eb59BA367f6aCD0ce10
    • Funding request: 118,385 BANK
  • Devs Guild
    • Champion: Icedcool
    • Wallet: 0x623a12CA60D378705fd170A47b6d32C74367501D
    • Funding request: 420,000 BANK
Projects
  • Content Gateway
    • Champion: nshuman
    • Wallet: 0x1cda4074Cf556Aa61009D5dDBBBa41D10D2DcD82
    • Funding request: 632,276 BANK
  • BanklessDAO Mobile App
    • Champion: nshuman
    • Wallet: 0xAB35001E808Fb52140F2843b18396594524f6439
    • Funding request: 368,329 BANK
  • First quest project
    • Champion: angyts
    • Wallet: 0x53105aD20960A842e082c60ef243C8c3C49bf518
    • Funding request: 461,000 BANK
  • Bankless Loans Grant Proposal S2
    • Champion: LivetheLifeTV
    • Wallet: 0x4Aad6d8D45ba9a906B3DbcD9ee6F4d42e8D4a6B1
    • Funding request: 194,000 BANK
  • Website S2
    • Champion: LivetheLifeTV
    • Wallet: 0xca22f929Aa5DBe2db2d0305d31604FE0dfD386b5
    • Funding request: 360,000 BANK
Discussion:
 
Action Items:
 
 
Notes:
  • Attendees:
    • First meeting:AAJ, Nonsense, Grendel, Kouros, James, Lucas, Icedcool
    • Second meeting: AAJ, Grendel ,Kouros, Icedcool, Lucas
  • Program proposal
    • Translator's Guild additional funding for Season 1
      • Champion: Grendel
      • Wallet: 0x045a805c83c1D4C9E5a0bdcC5a27EFa73D2a3c0b
      • Funding requested: 90,000 BANK
      • Votes for: Kouros, Icedcool, James, Nonsense, Lucas, AAJ
      • Abstain:
        • Grendel
    • Crypto Sapiens podcast
      • Champion: Humpty
      • Funding request for Season 1: 336,000 BANK
      • Wallet: 0x909060af124Ff0975cf37e5753d977e1008a048d
      • Votes
        • For: Kouros, Grendel, Nonsense, Icedcool, James, Lucas, AAJ
    • BanklessDAO Multisig Analytics Dashboard
      • Champion: Paulapivat
      • Wallet: 0xdfDf2D882D9ebce6c7EAc3DA9AB66cbfDa263781
      • Funding requested: 15,000 BANK
        • For: AAJ, Kouros, Grendel, Icedcool, Lucas
  • Season 2 guild funding:
    • Grants committee has
      • 5m for guilds(season kickoff)
      • 5m for programs(season kickoff)
      • 10.5m for ongoing funding through Season
        • 3.5 m coordinape monthly
      • Issue:
        • Guild fund is over by 374,403 BANK
        • Project fund is over by 945,355 BANK
        • Solution
          • Dev guild will be deferring accepting payment till after the kick off of season so that all guilds can get their funding.
          • Voted for: James, Iced, Nonsense (Dev guild reps)
        • The overlap(45,597 BANK) we are rolling into the 7m for season funding.
    • All Guild funding:
      • Vote for: Kouros, AAJ, James, Icedcool, Grendel, Nonsense, Lucas
      • Dev Guild will have funding deferred to make it within the 5m Guild budget.
      • Legal
        • Champion: Eagle
        • Address: 0x984eC14dc726B75cA3eb6A94C64D165D37EA823e
        • Funding request: 288,000 BANK
        • Votes
          • For:
      • Marketing
        • Champion: Tommyolofsson
        • Wallet: 0xE5a64FC0d3396D11EB63d728791577E254Ac18Ca
        • Funding request: 306,000 BANK
        • Votes
      • Writers
        • Champion: frogmonkee
        • Wallet: 0xe7636c7ef670a3Bcf772D9d57244c9e88aD90437
        • Funding request: 302,000 BANK
        • Votes
      • Operations
        • Champion: frogmonkee
        • Wallet: 0x47F238eF7F6B9e4f8452d77228B101f7c0419733
        • Funding request: 520,000 BANK and 3 ETH
        • Votes
      • Treasury
        • Champion: Kouros
        • Wallet: 0x31016FFCEBFf16C20E74A8610f1650DCB5c01Df3
        • Funding request: 286,385 BANK
        • Votes
      • BizDez
      • Translators
        • Champion: TommyOlofsson
        • Wallet: 0x045a805c83c1D4C9E5a0bdcC5a27EFa73D2a3c0b
        • Funding request: 434,000 BANK
        • Votes
      • Education
        • Champion: Ap0ll0517
        • Wallet: 0xcF8422021b408B32983B525778CE45420715f094
        • Funding request: 735,000 BANK
        • Votes
      • A/V Guild
        • Champion: Droste
        • Wallet: 0xE2D721c126150BeEE3C56A1AD71A2E0E29A411F0
        • Funding request: 606,233 BANK
        • Votes
      • Analytics Guild
        • Champion: paulapivat
        • Wallet: 0x28861eeec6ab073A36Cc299ef8186978893e21FF
        • Funding request: 592,400 BANK
        • Votes
      • Design Guild
        • Champion: NFThinker
        • Wallet: 0x8a771e2874B1e8a38cb08eBCB6e1058d27Fa64c0
        • Funding request: 490,000 BANK
        • Votes
      • Research Guild
        • Champion: Big Kahuna
        • Wallet: 0x2b00Fdf9AadAFEe22Cf56eb59BA367f6aCD0ce10
        • Funding request: 118,385 BANK
        • Votes
      • Devs Guild
        • Champion: Icedcool
        • Wallet: 0x623a12CA60D378705fd170A47b6d32C74367501D
        • Funding request: 420,000 BANK
        • Votes
          • DEFERRED FUNDING
  • Program Funding
    • 5 million BANK budget
      • ASK is 6,815,355
      • We are over: 1,815,355
        • We are pushing all projects that have not recieved funding from the grants committee.
          • Removing to fund for season 2 funding - Bankless consulting, Bank white paper, Legal Guild monthly Newsletter, Crypto Mentorship program, DAO DASH
          • Keeping - Degen, First quest, Bankless Academy, Bankless Loans Grant Proposal S2, Website S2
          • Puts us at 3,479,000
          • For: AAJ, Icedcool, Lucas, Kouros, Nonsense, Grendel
            • For with Contingency
              • With a forum post around how to roll the rest of those funds voted on by the DAO into the GC project.
              • If approved - Roll over funding will go to snapshot.
              • Iced to write.
          • Against:
    • Bankless Consulting
      • Champions: @Homeless, @QZ
      • Wallet: Not provided
      • Funding request: 300,000 BANK
    • BANK White paper
      • Champion: Eagle
      • Wallet: 0x984eC14dc726B75cA3eb6A94C64D165D37EA823e
      • Funding request: 50,000 BANK
    • Legal Guild Monthly Newsletter
      • Champion: Eagle
      • Wallet: 0x984eC14dc726B75cA3eb6A94C64D165D37EA823e
      • Funding request: 50,000 BANK
      •  
    • Newsletter Team
      • Champion: siddhearta
      • Wallet: 0xfedCBA83379eb70E94C28D3837fE2f70E8284D12
      • Funding request: 357,000 BANK
    • Crypto Mentorship Program
      • Champion: Ap0ll0517.eth
      • Wallet: 0xCA27C5813c314586434512ab139Cad96F6b71750
      • Funding request: 350,000 BANK
    • Content Gateway
      • Champion: nshuman
      • Wallet: 0x1cda4074Cf556Aa61009D5dDBBBa41D10D2DcD82
      • Funding request: 632,276 BANK
    • BanklessDAO Mobile App
      • Champion: nshuman
      • Wallet: 0xAB35001E808Fb52140F2843b18396594524f6439
      • Funding request: 368,329 BANK
    • DEGEN Workgroup - MOVING TO Later in the season
      • Champion: nonsensetwice
      • Wallet: 0x735FF6F197B0dc18eBEE127DD918d2111Eaf8220
      • Funding request: 1,334,000 BANK
    • First quest project
      • Champion: angyts
      • Wallet: 0x53105aD20960A842e082c60ef243C8c3C49bf518
      • Funding request: 461,000 BANK
    • Bankless Academy
      • Champion: RedVan
      • Wallet: 0xf80Cd14ec747b2AdF7B1A9911b38c65a885dAeeA
      • Funding Request: 1,340,000 BANK
    • Editorial and Publishing Arm (EPA)
      • Champion: nonsensetwice
      • Wallet: Pending
      • Funding request: 358,750 BANK
    • Bankless Loans Grant Proposal S2
      • Champion: LivetheLifeTV
      • Wallet: 0x4Aad6d8D45ba9a906B3DbcD9ee6F4d42e8D4a6B1
      • Funding request: 194,000 BANK
    • Website S2
      • Champion: LivetheLifeTV
      • Wallet: 0xca22f929Aa5DBe2db2d0305d31604FE0dfD386b5
      • Funding request: 360,000 BANK
    • DAO Dash
Grants Committee Meeting September 28th & 29Th 2021
💰

Grants Committee Meeting September 28th & 29Th 2021

Attendance
Date
Sep 28, 2021
Last Edited Time
Feb 18, 2022
Last edited by
Note-taker
Recording
Multi-select
Action Items from Previous Meeting:
Agenda:
Project Review:
Funds remaining in GC Wallet for Season 1: 722,314 BANK
  • Translator's Guild additional funding for Season 1
    • Champion: Grendel
    • Wallet: 0x045a805c83c1D4C9E5a0bdcC5a27EFa73D2a3c0b
    • Funding requested: 90,000 BANK
    • Notes: After switching to 1000 BANK for translation (and to 1500 for the translation of the NFT newsletter) and the increase in the number of languages, we verified that it was impossible to proceed with payments until the end of S1 without requesting a new grant of 90000 BANK which it will also cover the payment of roles and the 10,000 BANK project carried out by three members of the guild.
  • BanklessDAO Multisig Analytics Dashboard
    • Champion: Paulapivat
    • Wallet: 0xdfDf2D882D9ebce6c7EAc3DA9AB66cbfDa263781
    • Funding requested: 15,000 BANK
 
Season 2 funding requests
Total budget ask for Guilds 4,954,403 BANK
Amended budget after Dev Guild removed their request to submit it later during the Season
 
Total budget ask for projects: 6,815,355 BANK
Guilds
  • Legal
    • Champion: Eagle
    • Address: 0x984eC14dc726B75cA3eb6A94C64D165D37EA823e
    • Funding request: 288,000 BANK
  • Champion: Ap0ll0517
  • Research Guild
    • Champion: Big Kahuna
    • Wallet: 0x2b00Fdf9AadAFEe22Cf56eb59BA367f6aCD0ce10
    • Funding request: 118,385 BANK
  • Devs Guild
    • Champion: Icedcool
    • Wallet: 0x623a12CA60D378705fd170A47b6d32C74367501D
    • Funding request: 420,000 BANK
Projects
  • Content Gateway
    • Champion: nshuman
    • Wallet: 0x1cda4074Cf556Aa61009D5dDBBBa41D10D2DcD82
    • Funding request: 632,276 BANK
  • BanklessDAO Mobile App
    • Champion: nshuman
    • Wallet: 0xAB35001E808Fb52140F2843b18396594524f6439
    • Funding request: 368,329 BANK
  • First quest project
    • Champion: angyts
    • Wallet: 0x53105aD20960A842e082c60ef243C8c3C49bf518
    • Funding request: 461,000 BANK
  • Bankless Loans Grant Proposal S2
    • Champion: LivetheLifeTV
    • Wallet: 0x4Aad6d8D45ba9a906B3DbcD9ee6F4d42e8D4a6B1
    • Funding request: 194,000 BANK
  • Website S2
    • Champion: LivetheLifeTV
    • Wallet: 0xca22f929Aa5DBe2db2d0305d31604FE0dfD386b5
    • Funding request: 360,000 BANK
Discussion:
 
Action Items:
 
 
Notes:
  • Attendees:
    • First meeting:AAJ, Nonsense, Grendel, Kouros, James, Lucas, Icedcool
    • Second meeting: AAJ, Grendel ,Kouros, Icedcool, Lucas
  • Program proposal
    • Translator's Guild additional funding for Season 1
      • Champion: Grendel
      • Wallet: 0x045a805c83c1D4C9E5a0bdcC5a27EFa73D2a3c0b
      • Funding requested: 90,000 BANK
      • Votes for: Kouros, Icedcool, James, Nonsense, Lucas, AAJ
      • Abstain:
        • Grendel
    • Crypto Sapiens podcast
      • Champion: Humpty
      • Funding request for Season 1: 336,000 BANK
      • Wallet: 0x909060af124Ff0975cf37e5753d977e1008a048d
      • Votes
        • For: Kouros, Grendel, Nonsense, Icedcool, James, Lucas, AAJ
    • BanklessDAO Multisig Analytics Dashboard
      • Champion: Paulapivat
      • Wallet: 0xdfDf2D882D9ebce6c7EAc3DA9AB66cbfDa263781
      • Funding requested: 15,000 BANK
        • For: AAJ, Kouros, Grendel, Icedcool, Lucas
  • Season 2 guild funding:
    • Grants committee has
      • 5m for guilds(season kickoff)
      • 5m for programs(season kickoff)
      • 10.5m for ongoing funding through Season
        • 3.5 m coordinape monthly
      • Issue:
        • Guild fund is over by 374,403 BANK
        • Project fund is over by 945,355 BANK
        • Solution
          • Dev guild will be deferring accepting payment till after the kick off of season so that all guilds can get their funding.
          • Voted for: James, Iced, Nonsense (Dev guild reps)
        • The overlap(45,597 BANK) we are rolling into the 7m for season funding.
    • All Guild funding:
      • Vote for: Kouros, AAJ, James, Icedcool, Grendel, Nonsense, Lucas
      • Dev Guild will have funding deferred to make it within the 5m Guild budget.
      • Legal
        • Champion: Eagle
        • Address: 0x984eC14dc726B75cA3eb6A94C64D165D37EA823e
        • Funding request: 288,000 BANK
        • Votes
          • For:
      • Marketing
        • Champion: Tommyolofsson
        • Wallet: 0xE5a64FC0d3396D11EB63d728791577E254Ac18Ca
        • Funding request: 306,000 BANK
        • Votes
      • Writers
        • Champion: frogmonkee
        • Wallet: 0xe7636c7ef670a3Bcf772D9d57244c9e88aD90437
        • Funding request: 302,000 BANK
        • Votes
      • Operations
        • Champion: frogmonkee
        • Wallet: 0x47F238eF7F6B9e4f8452d77228B101f7c0419733
        • Funding request: 520,000 BANK and 3 ETH
        • Votes
      • Treasury
        • Champion: Kouros
        • Wallet: 0x31016FFCEBFf16C20E74A8610f1650DCB5c01Df3
        • Funding request: 286,385 BANK
        • Votes
      • BizDez
      • Translators
        • Champion: TommyOlofsson
        • Wallet: 0x045a805c83c1D4C9E5a0bdcC5a27EFa73D2a3c0b
        • Funding request: 434,000 BANK
        • Votes
      • Education
        • Champion: Ap0ll0517
        • Wallet: 0xcF8422021b408B32983B525778CE45420715f094
        • Funding request: 735,000 BANK
        • Votes
      • A/V Guild
        • Champion: Droste
        • Wallet: 0xE2D721c126150BeEE3C56A1AD71A2E0E29A411F0
        • Funding request: 606,233 BANK
        • Votes
      • Analytics Guild
        • Champion: paulapivat
        • Wallet: 0x28861eeec6ab073A36Cc299ef8186978893e21FF
        • Funding request: 592,400 BANK
        • Votes
      • Design Guild
        • Champion: NFThinker
        • Wallet: 0x8a771e2874B1e8a38cb08eBCB6e1058d27Fa64c0
        • Funding request: 490,000 BANK
        • Votes
      • Research Guild
        • Champion: Big Kahuna
        • Wallet: 0x2b00Fdf9AadAFEe22Cf56eb59BA367f6aCD0ce10
        • Funding request: 118,385 BANK
        • Votes
      • Devs Guild
        • Champion: Icedcool
        • Wallet: 0x623a12CA60D378705fd170A47b6d32C74367501D
        • Funding request: 420,000 BANK
        • Votes
          • DEFERRED FUNDING
  • Program Funding
    • 5 million BANK budget
      • ASK is 6,815,355
      • We are over: 1,815,355
        • We are pushing all projects that have not recieved funding from the grants committee.
          • Removing to fund for season 2 funding - Bankless consulting, Bank white paper, Legal Guild monthly Newsletter, Crypto Mentorship program, DAO DASH
          • Keeping - Degen, First quest, Bankless Academy, Bankless Loans Grant Proposal S2, Website S2
          • Puts us at 3,479,000
          • For: AAJ, Icedcool, Lucas, Kouros, Nonsense, Grendel
            • For with Contingency
              • With a forum post around how to roll the rest of those funds voted on by the DAO into the GC project.
              • If approved - Roll over funding will go to snapshot.
              • Iced to write.
          • Against:
    • Bankless Consulting
      • Champions: @Homeless, @QZ
      • Wallet: Not provided
      • Funding request: 300,000 BANK
    • BANK White paper
      • Champion: Eagle
      • Wallet: 0x984eC14dc726B75cA3eb6A94C64D165D37EA823e
      • Funding request: 50,000 BANK
    • Legal Guild Monthly Newsletter
      • Champion: Eagle
      • Wallet: 0x984eC14dc726B75cA3eb6A94C64D165D37EA823e
      • Funding request: 50,000 BANK
      •  
    • Newsletter Team
      • Champion: siddhearta
      • Wallet: 0xfedCBA83379eb70E94C28D3837fE2f70E8284D12
      • Funding request: 357,000 BANK
    • Crypto Mentorship Program
      • Champion: Ap0ll0517.eth
      • Wallet: 0xCA27C5813c314586434512ab139Cad96F6b71750
      • Funding request: 350,000 BANK
    • Content Gateway
      • Champion: nshuman
      • Wallet: 0x1cda4074Cf556Aa61009D5dDBBBa41D10D2DcD82
      • Funding request: 632,276 BANK
    • BanklessDAO Mobile App
      • Champion: nshuman
      • Wallet: 0xAB35001E808Fb52140F2843b18396594524f6439
      • Funding request: 368,329 BANK
    • DEGEN Workgroup - MOVING TO Later in the season
      • Champion: nonsensetwice
      • Wallet: 0x735FF6F197B0dc18eBEE127DD918d2111Eaf8220
      • Funding request: 1,334,000 BANK
    • First quest project
      • Champion: angyts
      • Wallet: 0x53105aD20960A842e082c60ef243C8c3C49bf518
      • Funding request: 461,000 BANK
    • Bankless Academy
      • Champion: RedVan
      • Wallet: 0xf80Cd14ec747b2AdF7B1A9911b38c65a885dAeeA
      • Funding Request: 1,340,000 BANK
    • Editorial and Publishing Arm (EPA)
      • Champion: nonsensetwice
      • Wallet: Pending
      • Funding request: 358,750 BANK
    • Bankless Loans Grant Proposal S2
      • Champion: LivetheLifeTV
      • Wallet: 0x4Aad6d8D45ba9a906B3DbcD9ee6F4d42e8D4a6B1
      • Funding request: 194,000 BANK
    • Website S2
      • Champion: LivetheLifeTV
      • Wallet: 0xca22f929Aa5DBe2db2d0305d31604FE0dfD386b5
      • Funding request: 360,000 BANK
    • DAO Dash