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Arbitrum DAOArbitrum DAOby0x1B686eE8E31c5959D9F5BBd8122a58682788eeaDL2BEAT

Kuroro Beasts LTIPP Council Recommended Proposal

Voting ended almost 2 years agoSucceeded

Link to Application

https://forum.arbitrum.foundation/t/kuroro-beasts-ltipp-application-draft/22059

Council - 3/3 Yes Votes

Feedback

Wintermute Feedback) Kuroro Beasts presented a solid application. They scored well in reach, activity, age, composability, and novelty. In contrast, the application lacked specifics regarding how they plan to incentivizing users in game and why such mechanisms are relevant (execution strategy). They also lost some points due to allocating 50k (⅓ of their grant request) to marketing campaigns, which leads to the ARB not reaching the hands of users and lacks the ability for oversight. However, they have been very open in reporting data for their marketing initiatives. Overall, we plan to support this proposal and think it offers the DAO a good opportunity to learn from ARB being spent on marketing efforts. The team has clearly shown their ability to attract users, so we think it’s worth it for the DAO to vote on whether or not they want to support this type of grant.

GFX Feedback) The grant plan demonstrates existing and growing usage (as measured by DAUs). The plan is also tailored to build on existing growth by specifically targeting segments of gamer population on other chains and in the audience of web2 gamer influencers. The total amount requested seems appropriate for the ambitious milestones and the plan of attack laid out. We recommend this grant be approved.

GMX Feedback)

Kuroro shows promising potential, supported by a robust protocol performance since their game launch. The proposed funding aims to facilitate the integration of gamers from diverse ecosystems such as Immutable, Solana, and Ronin. Leveraging a strong user retention rate, attracting users through this funding could yield considerable value. Kuroro pledges to match incentives and utilize the funds to achieve their Key Performance Indicators (KPIs) However, a notable portion of the grant is allocated to marketing, which might not directly benefit the Arbitrum ecosystem. Nevertheless, the team has maintained transparency in reporting data concerning their marketing endeavors. We endorse Kuroro's application.

Off-Chain Vote

For
166.83M ARB99.1%
Against
724.63K ARB0.4%
Abstain
848.62K ARB0.5%
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Discussion

Arbitrum DAOKuroro Beasts LTIPP Council Recommended Proposal

Timeline

Apr 08, 2024Proposal created
Apr 09, 2024Proposal vote started
Apr 16, 2024Proposal vote ended
Mar 10, 2026Proposal updated