Fight Club Agenda meeting #23 - Dec 8, 2021
Property
Date
Mar 9, 2022
date
Dec 8, 2021
Tags
Last to edit
RECORD THE MEETING
Action Items from Dec 1
[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
brianl for the new Discord set-up
1) Updates
Fight Club general
1) Fight Club Governance
- Season 3 Project Grant Funding deadline - December 15.
- Grant request is here. Please add comments / review. Aiming to finalize this week. https://docs.google.com/document/d/1QREFVlZpcvsx2QXzPymGI9hw1WICHxYbrSGvil3b4yg/edit#heading=h.e3wtu3r0foio
- FC DAO spin-out - discussion
- DAOs require an entity. https://thedefiant/io/daos-unlimited-liability-risks
- How to sub-dao. https://coopahtroopa.mirror.xyz/7bfK9st2mvhxlla4XKotRjetq5-YhaiwqRwS8DhkD-o
- 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:
- Finalize budget - include branding costs
2) Genesis NFT
- CryptoBushi original DAOPunk merchandise NFT proposal
- DAOPunks governance proposal 1 NFT = 1 vote
- Working group - tesa, NFThinker,
- End of November - drop POAP to FC members
- Action items:
- Create a mirror account using FC multi-sig
- Manifesto on FC
- NFT / POAP budget
- 1 POAP for the season different variations for each week
- Private NFT sale for Bankles DAO members
- Public NFT sale on Mirror
- Core group NFT (different color of private NFT?)
3) Operations
- FC Season 3 budget - https://docs.google.com/spreadsheets/d/1FtGHSZh7cGYjgNijakbvnW5LWRdrK0RPSSszYU2lESs/edit#gid=0
- Compensation examples:
- Budget examples:
- brianl - after each season - unofficial DAO shutdown for a week
- Action items:
- List of roles for FC - sign up for roles / or create new roles
4) Education
- fi_bo - issues working through
- how to share a webinar?
- how to distribute poap?
- users want to learn about due diligence process
- Education guild meeting - better support with webinar series
- Guest speakers - vc, venture DAOs
5) Merchandise - @ Dionne
- What are the details for the merchandise program?
- t-shirts and hoodies
- ball cap not available for first run
- arriving in next day or two
- All USM merch
- Working with
- FC on the list for testers
- Design costs covered
- NFThinker - send any logos to design guild
- Action items:
6) Due Diligence framework - @stephenX @ calavera
- First meeting notes
- Integrate with Education Program
- Investment thesis first draft - https://www.notion.so/bankless/720fc3ab529f428ab4913dba8dcffbaa?v=678a6b86ba4f4366ae8dec0463de71a9
- Governance / operations of fund
- Sourcing credit -
- Working group - @stephenx, @chao, @calavera
- Action items:
- tesa_daa introduce Pri to StepX
- 1-pager deck for Genesis Fund
- operational questions for Genesis Fund
- finalise mandate - what we will invest in, what we won't invest in
Fight Club Genesis Fund
1) Coinocracy update
- Willster is checking on whether or not we will need to modify Moloch v2 to have 2 different share classes
- institutional - $50k for 1 vote block
- retail - $10k for 1 vote block
- Sabina checking in on the 2 lawyers that we were referred to
- Will send over a contract to formalize the relationship.
- Rethinking compensation from a % of aum to a mix of upfront fee + tokens / membership
- Tesa - messaged Eagle about a US lawyer to represent FC
- Working group - tesa, pilkster, josjo80, dionne
- End of December deadline - entity formation
- Action Items:
- Follow-up with Sabina on lawyers
- Follow-up on contract
2) Operations
- Smart contract comparison
- The LAO operation summary
2) New Items / Discussions
- Action Items:
- Treasury - multi-sig wallet holders sign up for parcel.money
3) Questions / Polls
- sponge - sweat equity
- affifes -
- nfthinker - POAP 1-5k
- 13 different POAPs per week
- NFT - 3d NFT
- artwork scope
- brainstorming
- pilkster, yves - manifesto on mirror
- create account on mirror via multisig address [Yves]
- write manifesto on mirror
- commission NFT
- brianl + 1
- dionne
- brand working group - NFThinker
- NFT - image used to merchandise
- sponge
- parcel.money - for multisig - gnosis safe covers $1k usd
- 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
- cryptodad - list of roles for FC
- brianl - cartographer also needs roles
- Poll for Project Funding?