CoOwn <> Nounspace Collaboration

Summary

CoOwn Growth Studio proposes to conduct user feedback sessions with web3 community leaders for nounspace DAO. This initial engagement aims to gather valuable insights and potentially lead to future growth campaigns on Farcaster.

Abstract

Who is CoOwn Growth Studio?We're a Farcaster native growth collective. The campaigns we design reward the people who create value in the process. We live by the values of co-ownership and co-creation that are at the heart of web3, because it delivers highly engaged relationships. Check out this successful campaign our collective just completed with Ponder for an example of how we operate: CoOwn Ponder Q&A launch - A Case Study in Web3 community-led growthWe’re enthused about nounspace’s vision and progress thus far, and would love to support the team and community in building the future of social. This proposal outlines an initial collaborative effort between CoOwnGrowth Studio and nounspace DAO to enhance user experience and community engagement. By leveraging CoOwn Growth's network of web3 community leaders, nounspace can gain crucial feedback from its target user to refine its platform and strategy. The proposal also sets the stage for potential future collaborations focused on raising awareness of nounspace within the Farcaster ecosystem.

Specification

If approved, the following actions will be taken:

CoOwn Growth Studio will organize and conduct user feedback sessions with a minimum of X web3 community leaders over a 30-day period.

Feedback sessions will focus on nounspace's current offerings, user experience, and potential improvements.

CoOwnGrowth will provide on going feedback and actionable insights to help Nounspace find it’s PMF

Proposed framework for token rewards:

CoOwn Growth Studio (Cogs) members will receive a $100/participant/session worth of $SPACE. In order to align long term success + reward people for time and effort - tokens will be partially (50%) paid in liquid $space upon completion of the sprints, and the other portion (50%) will be vested over 6 months, and a risk premium (2.5x) will be applied to reflect the risk the studio is taking. i.e -Total $SPACE budget worth of $5,000 - (4 sessions x 5 members on each session x $100 x2.5 risk premium)

nounspace DAO will transfer $5000 USD worth of $SPACE tokens to CoOwnGrowth Studio members based on the participation wallet address list the studio will provide upon completion of the sprints, streams will be set up using the Hedgey Protocol

Exact amount of tokens to transfer will be calculated based on a 30 days average price since the time of proposal approval

At the end of 30-day period, both parties will evaluate the engagement's success and discuss potential future collaborations for growth campaigns on Farcaster.

Benefits

1. Gain valuable insights from experienced web3 community leaders
2. Identify areas for improvement in nounspace's platform and strategy
3. Establish a foundation for future growth initiatives Potential to increase awareness and adoption within the Farcaster ecosystem

Drawbacks

1. Allocation of $SPACE tokens from the treasury
2. Time investment required from nounspace team to review and act on feedback
3. Potential for conflicting opinions among feedback participants

Vote

For: Approve the engagement with CoOwn Growth Studio for user feedback sessions and token allocation.

Against: Do nothing