Grants Comittee Apr 26, 2022
Attendance
Date
Apr 26, 2022
Last Edited Time
Jun 3, 2022
Last edited by
Note-taker
Recording
Multi-select
Action Items from Previous Meeting:
Attendance: Kouros, Icedcool, links, Jameswmontgomery, Chuck
Agenda:
Accounting:
- Bank for the remaining of the season:
- Average BANK per week left :
- Grants Committee Funding tracking
Project Review:
Bankless Academy
representing: tetranome, didierkrux, iSpeaknerd, ivanpomidoro
Season 3 question: have you achieved the KPIs for the original agreement for S3?
- no, they didn’t achieve the KPIs that were mentioned - shipping lessons to production
- they shipped lesson 1 and 2, but not 3-5
- After releasing 1 and 2, they decided they had other work to do (project restructuring, brand, product market fit, understanding roadmap, building core team)
- so the ask: they’d like retro funding for what they HAVE accomplished (in the forum post)
What’s standing in your way to do Lessons 3-5?
- nothing, now - the groundwork they did has laid the groundwork to execute on these lessons confidently
IDEA: how about reducing the level of granularity for S4 KPIs and then keeping the S3 KPIs as-is?
KPIs
- # of people who have gone through lessons
- # of white-label leads
ACTION: Bankless Academy to report on these metrics today, and then again in 6 weeks
DECISION: for retrofunding - release S3-5 and the original agreement will be honored
Retroactive Funding VOTE
- Approve:
- Dispute:
- Abstain:
DECISION: retroactive funding to be disbursed
- Chuck is concerned that there is no facility to increase the value of BANK
- Icedcool states that guilds perhaps shouldnt have to worry about being revenue positive
- Value accrual isn’t ALWAYS revenue, sometimes indirect value, services to the DAO, etc.
- roles?
- education and talent workstream coordinator + guild coordinator
- talent = finding and allocating talent
- education = upskilling talent
- 3 hours a week for each of 3 roles
- will work to be funded by projects as much as possisble
- projects are paying 6k BANK/retrospective
- projects will pay for project managers that we allocate them
VOTE
- Approve: Icedcool, Kouros, jameswmontgomery
- Dispute: Chuck
- Abstain: Links
Discussion:
Setting meetings for all seasonal projects
- To set KPIs for all projects, we need to sync with each project
- To release next 50% of funds, we need to sync again to ensure
- that they are actually tracking the KPIs
- that they are actively working on the KPIs
- 15 projects x 2 syncs = 30 syncs in the next 6 weeks
- idea: decide on KPIs asynchronously
- idea: temporarily increase grant meetings 2x/wk
As much as we can async the better
- give a form to the projects, ask them to pick KPIs
- then the Grant Committee members can be deployed across the projects to decide and share with the group
- then if we have questions with projects - we can ask them to come to our weekly meet
We need more time to review projects and proposals
- so maybe ask for proposals ahead of time
ACTION: Icedcool to spearhead the async KPI workfloww
Notes: