Funding Request: Beefy Convention Participation Budget Second Half 2024

Total Amount Requested: $85,000

The proposed budget encompasses sponsorship costs, marketing materials, and travel expenses for Beefy’s event participation.

As a pivotal contributor to the decentralized finance revolution, Beefy develops exceptional products and plays a crucial role in propelling market growth and extending its benefits to the public. We deploy our most talented individuals to expand Beefy’s presence across the crypto and financial industries.

The requested funds are earmarked for participation in blockchain and cryptocurrency-related events, including conferences, summits, and meetups. These gatherings provide Beefy with opportunities to engage with industry experts, showcase its products, and establish a presence in diverse communities. The anticipated cost of attending a major conference can vary from $5,000 to $50,000, contingent on the event's scale and location.

Beefy’s involvement often encompasses speaking engagements, which may be part of a sponsorship package or arise from professional invitations. These events confer legitimacy upon Beefy as a substantial project in the eyes of users and industry professionals. Individuals from around the globe have eagerly awaited the chance to connect with Beefy and share their experiences of how Beefy has enriched their lives. Furthermore, these events enable Beefy to expand its network and cultivate relationships with projects in the crypto industry, as well as engage with companies venturing into the realm of crypto, thereby furnishing Beefy with a competitive edge.

Sponsoring and attending conventions enables Beefy to:

• Uncover new opportunities and innovative ideas
• Forge connections with new and established protocols
• Cultivate business partnerships
• Access industry insights
• Expand and fortify the Beefy brand among both new and familiar audiences
• Foster the professional and personal growth of Beefy staff
• Facilitate competitor and industry analysis
• Mitigate common user apprehensions associated with an anonymous DeFi project

Beefy has participated this year at EthDenver, The Solana Hacker House, ETHDam, and Token2049 Dubai, and will participate at ETHCC, Token2049 Singapore, Zebu Live, and Devcon. Additional events are being considered for this year.

Beefy may deploy representatives to engage in events for speaking engagements, networking, business endeavors, the dissemination of informative content, and to actively participate in industry discussions pertaining to regulatory matters for the purpose of sharing valuable insights.