NFTeam Profit-Sharing Proposal

Proposal Purpose & Team Structure: The proposal is for NFTeam members to be compensated via the FeistyDAO “profit-sharing” budget to be allocated based on the category of work contributed by each member. Team members are generally agreed upon as belonging to one of 3 categories; Day-to-day, Periodic & Per Project:

Day-To-Day Team: Recurring payments: Bowser Lildojo Macattack Muhfeistypixels Patrick Renruts UltronmkII

Periodic: Flat-Rate $1k Monthly Bonuses: NGMI 4Ever28 FBoi Glassyheel

Per Project: Allocation based on project scope, generally decided by Path: 8bitfantasy Eiko KatD NGMI Burton Lildojo Louisinho

Purpose of Request For NFTeam Compensation: The “Day-To-Day Team”, has been operating as NFD staff in 3 main capacities for the past 6 months on a routine daily basis with no expectation or receipt of regular compensation. The work they do fits within 3 main categories of work type; General Administrative, Community Development & Management, and Creative Design & Media Marketing. It should be noted that this proposal does not seek retroactive payment but instead requests a budget allocation that will enable the team to seamlessly continue to function in their routine daily capacity uninterrupted into the foreseeable future. In some cases compensation will free up certain individuals to have even more time available for focusing their effort toward the ongoing management, coordination and facilitation of the objectives of the NFD community, the FeistyDAO, its various existing revenue generating projects, and those that are yet to be built. Determination of Member Value:

At first, as requested, I began to evaluate each member based on a flat hourly rate across the board, then attempted to determine a breakdown of their “value-add” contribution according to avg. hours worked per week, type of work, project lead responsibilities assumed, quality of work delivered, impact on overall quality of project, direct impact on revenue and a few other incidental variables. But ultimately, it didn't seem appropriate for me to be the sole determiner of other people's value.

So instead, I asked each member to assess himself in order to set a baseline number as a starting point for our request. Below is each member’s self-evaluation.

I asked the day-to-day team 2 questions to help determine member value:

1. How many hours/week on average do you actively work on NFD related activities? Projects, community engagement, support, etc.?

2. How much do you think this is worth p/hr? What is your hourly rate?

These are their replies:

Bowser: MGMT/Project Coordination/Community Support/Art&Design/Media Avg.time = 15-20 hrs/week Hr. Rate = $60 Total $900-$1200/week Preference: NFD

LilDojo: Project Coordination/Art&Design/Media Avg.time = 20 Hr. Rate = $50 Total $1000/week Preference: NFD

MacAttack: Admin/Information Security & Asset MGMT/Community MGMT & Support/Media Avg.time = 15 hrs/week Hr. Rate = $35 Total $525/week Preference: NFD

MuhFeistyPixels: Systems Architecture/OperationsMGMT/CommunityMGMT/ Admin/Information Security & Asset MGMT/Personnel Coordination,Facilitation/Media/Etc. Avg.time = 50hrs on NFD prior to starting work on SnoopDAO in December. Avg. 30-40 hrs/week on NFD since. Not requesting NFD pay for time spent on SnoopDAO. Hr. Rate = $75 Total $2250/week Preference: NFD

Patrick: Admin/Project Coordination/Community Support/Technical Support/Media Avg.time = 30 hrs/week Hr. Rate = $25 Total $750/week Preference: NFD

Renruts: MGMT/Project Coordination/Community Support/Technical Support/Art&Design/Media Avg.time = 30 hrs/week Hr. Rate = $30 Total $900/week Preference: NFD

UltronMKII: MGMT/Project Coordination/Community Support/Media Avg.time = 25-35 hrs/week Hr. Rate = $40 Total $1000-$1400/week Preference: NFD

Total Requested NFTeam Allocation: $7325-$8025/week + $4k(monthly bonuses for periodic team)

Where does the NFTeam budget come from?

The NFTeam(day-to-day) recurring payments budget is derived from the proposed 10% NFTeam profit sharing allocation as defined by the revenue flowchart(See Discord NFTeam Profit-Sharing Thread).

Budgetary Assumption:

The main assumption built-into this request is that NFD generates enough revenue from all of its products to afford to fund the 10% NFTeam profit sharing budget defined in the revenue flowchart. With proper accounting we can determine whether this is or is not the case. If it turns out not to be the case then we can develop a plan that addresses the revenue gap to target particular goals that will eliminate any shortfall. Worst-case scenario we suspend payments until any imbalance in income/expense is rebalanced. Path’s feedback since submission of 1st draft to him for consideration:

Path approved the rates requested, requested they be pegged to USD, and stated that under the current terms “the dao has 2 years runway easy in that scenario, and ofc i can contribute too”.

However, it is highly unlikely to be necessary that Path step in to rebalance given the functional value the team adds and will continue to add. The development of additional revenue generating products is ongoing and intends to serve as a basis for any budget allocations made to not only the team but also the community profit-share in the near eventual future.

NFTeam Gratitude & Commitment:

The NFTeam is humbled by the idea that we are being considered for this. Ultimately, each one of us is committed to manifesting the long-term success of the NFD ecosystem and any compensation that allows us to continue on this journey toward that end is greatly appreciated and viewed by us as an investment in us as valued members of the community. We all consider it to be a privilege to share in the complete history and inevitable future of the project with you and each other. And we trust that whatever you decide will be reasonable and fair.

If approved we understand this to be a raising of the bar of expectation on the NFTeam and as such are committed to increased accountability and team management practices to ensure consistent and efficient productivity that is focused on revenue generation that not only increases the overall value of NFD and its assets but also justifies this requested budget allocation.

Thank you for your time and consideration.