FFIP-19: FF LABS S2 INVESTMENT

Author

pastacartel

Summary

Increase resources for FF Labs to reward community and attract talented builders to partner with.

Motivation

FF Labs has the potential to position Forefront at the cutting edge of commentary/product web3 culture and ecosystem issues. It’s our vehicle to respond quickly to ongoing issues in web3 in a way that can untap a field of potential virality and exposure. This allows us to create the ‘pulse’ of web3 that we have always been discussing. This is a critical juncture for FF Labs where we can either invest and accelerate growth in the Labs community or we should decide to sunset this project entirely and redirect resources to other key Product initiatives.

Specifications

Timeline: Remainder of Season 2 Resource allocation:

• Interactive Designers: $1,500 USDC x 2 drops
• Developers: $1500 USDC x 2 drops
• Community rewards: $1000 USDC

Total: 7000 USDC Deliverables:

• 2+ drops (experimental product releases)
• Forming of new twitter community for FF Labs

Quorum

• Quorum: Minimum 5% of all currently circulating $FF (excluding treasury tokens) or 43119.2 $FF must participate for the proposal to pass.
• Passing Threshold: 65% or more of voting members must vote YES for the proposal to pass.

Vote

Yes - Vote YES to approve funding for FF LABS No - Vote NO to reject funding for FF LABS

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Value. Culture. Community