Grants Committee Weekly Feb 20, 2023

Attendance

Date

Feb 20, 2023

Last Edited Time

Feb 24, 2023

Last edited by

Note-taker

Recording

https://bankless.dash.app/sharing/c6c43e29-1377-4769-9414-03eefaf4ce79?shareType=ASSET_SHARE

Multi-select

Action Items

💡

Please add topics that you would like to discuss

• Items have been added to the backlog. The backlog is just a list of things that we need.
Can anyone think of any other needs?
Would anyone like to help develop these out more?

Discussion

Discussion Item 1: Governator

Forum post: https://forum.bankless.community/t/governator-project-season-7-proposal/5057

Speaker: montgomery#8177

Ask: 1,195,000

tl;dr from next steps: expand upon the product to create a Go to market Product.

Voting strategies/NFT/POAP integration

Fundamental strategies

Multiple future possibilities including outside of web3

Broader market to all communities

 

Question

is my balance from collabland?

Answer

No multi-wallet balances on chains

Question

Who are potential clients?

Answer

Research was done asking web3 projects asking problems they are experiencing with voting

Question

What does alternative funding look like?

Answer

Grants, other community environments and relationship between communities to establish good vibes in gaming and other communities for (governance alternative word)

Question

Wallet Transactions 2 high ones recently, what are these for?

Answer

Monthly payment to contributor based @ 1000 BANK/hr.

Question

What do the Dev’s do? (Unsure without purpose clearly stated on forum post)

Answer

Infrastructure Hardening for a robust permissions system, exploring potential partnerships

Question

How do you make it easy for working groups in a DAO where there is a mismatch of token holdings (ie Weighted Poll not the best poll type to use)

Answer

Broader educational initiative for implementation of polls and guidelines that help teams operate with templates

Question

What does the Revenue share for bDAO look like

Answer

Intent: to empower future projects, start to have understanding by researching market

can commit to benefiting the DAO by having BanklessDAO use it -

Question

have you explored VC funding

Answer

Will explore possibilities

Question

have you thought about micropayments

Answer

could be a streamed permission based - with credit card on file

 

KPIs

• mission_KPI: # polls created# ≥ 50

• self-sovereignty_KPI: # of server installs# ≥ 5

 

VOTE: Do you agree to fund 1,195,000 BANK as stated in the above proposal with the KPIs mentioned above?

• Yes:

• No: 0

• Abstain:

THIS MOTION :

PASSES

 

Discussion Item 2 - InfoSec Season 7 proposal

Proposal: https://forum.bankless.community/t/infosec-department-season-7-budget-proposal/5063

Speaker: stackthat.eth#5136

Ask: 734,000

 

VOTE: Do you accept the proposal to let it proceed to snapshot?

• Yes:

• No:

• Abstain:

THE MOTION PASSES/FAILs