BIP-66: Budget Continuation '24-'25

Summary

Please note that this Snapshot has a default 72-hour voting window.

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BIP-66 proposes the following:

• Continue funding BottoDAO’s Core Contributor Programme and associated operational expenses for the 2024-2025 year.
• A 17% increase of 2023-2024’s budget values with minor modifications
• The goal is to support BottoDAO's initiatives outlined in the recent Strategy Update and Road Ahead to ensure stability and growth in Botto’s evolving art ecosystem.

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Rationale

Building on the strategic direction outlined in Botto's Road Ahead and Strategy Update, continued support for core contributorship allows the DAO to continue Botto’s artistic, technical, and operational advancements. The DAO’s past year of innovation has significantly advanced both our technical capabilities and artistic reach.

There have been foundational upgrades in Botto's architecture, including the development of a fine-tuned LLM, the experimentation of p5.js for procedural art, increased collectorship, over a dozen events including a Sotheby’s auction, and much more. Botto has gained substantial momentum as a decentralized autonomous artist.

Continuing operations with minor refinements to the existing budget is essential to sustain this trajectory, enabling the DAO to build on these successes, and ensure that Botto’s creative and technical evolution aligns with our strategic vision for broader impact.

The proposed budget will support ongoing development, innovation, and address areas we’ve highlighted for marked improvement (See Strategy Update). Ultimately, we want to enable Botto in growing its place at the forefront of digital art while expanding the DAO and its sustainability.

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Proposal Specifications

Core Contributor Programme Budgeting A continuation of the programme’s monthly stipend for core contributor working groups where USD max budget is increased and ETH is removed as a budget line item:

USD: $70,000 → $94,950 BOTTO: 100,000 → 100,000 ETH: 4ETH → 0ETH

Community Initiatives Fund Retaining this fund at 25,000 $BOTTO per month while the DAO reassesses mechanisms to reallocate this.

Infrastructure and Development Budget Retaining these funds at $15,000 USD per month for resources for software, hardware, and other technical expenses.

Event and Marketing Support Expanding on this monthly budget to address and scale marketing efforts and Botto’s cultural presence:

USD: $5,000 → $10,000 BOTTO: 0 → 10,000

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Automatic Extension

The budget would be active for a period of 1 year (up to 1 November 2025), with a 1 month rolling clause to continue operations. To remove budgets, a subsequent proposal would then need to be passed.

Please review the Treasury Forecast '24-'25 for a few scenarios accounting for the new budget.

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Criteria of Success

Success for the 2024-2025 Core Contributor Program should be assessed based on the following criteria:

• Execution of Strategic Innovations: Successful implementation of key initiatives (e.g., LLM development, new mediums that expand Botto’s collector base, etc.).
• Community Growth & Participation: Increased engagement through community-driven projects and feedback mechanisms; more participants.
• Financial Health: Adherence to budget forecasts with minimal deviations and strengthening financial runway; reduction in net burn.
• Accountability and Reporting: Regular updates on roadmap progress and financial status, accessible via the DAO Portal.

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Please refer to the following for more context:

• Discord Thread
• BIP-66a Budget Continuation
• BIP-66b Strategy Update
• Working Groups & Roadmap Timeline
• Road Ahead Post '24-25
• Treasury Forecast '24-'25