Alpha Channel Proposal

Founder's Alpha Proposal Author: 2ToN Type: Implementation of Alpha Channel Date: 3/06/2023

Summary: This is a proposal to create an Alpha Channel for the Founder's DAO that would be housed on the Pixel Vault server, and will be token gated to Founder's DAO token holders only. There are two parts to the proposal - an abridged version with the salient points and a longer version that will explain the mechanics of the agreement in detail. I know many of you hate reading and would rather have some bullet points while others want a longform explanation of everything, so best of both worlds!

ABRIDGED VERSION The purpose of the Alpha Channel has many primary objectives which will be outlined in short here. Please check the longform version below for a more detailed explanation of how it will all be implemented and the prices attached.

• A channel that is token gated to Founder's DAO token holders only, with future changes in subscription models to be determined by DAO vote.
• Alpha tools/bots will be developed by the hired developer (SanLeo461) then, in conjunction with the PV team, be implemented within the PV discord. It would take a few months to fully deploy all bots, with weekly to bi-weekly updates along the way. Expected timeline and tools being built can be seen here: https://i.imgur.com/w4CNopi.png Tentative timeline, subject to change https://docs.google.com/document/d/1qgH2rExpDL5VoOX-41pikjRmp8rlB-vZh9dUiuTzbb4/edit?usp=sharing Tools
• The channel can be open immediately for alpha/trading discussion while waiting for the bot deployments. There will be a developer discord during this time, which the dev will invite FD members/PV team over to check out the bots. This allows some testing and feedback from the community to SanLeo461 as things progress towards a final product for deployment
• A central alpha hub within PV that allows focused trading discussion to take place without taking away attention from other discussions or get lost in conversation

Benefits to the DAO

• The alpha channel should be a strong sales driver for the FD token which would increase royalties paid out to the DAO (we now receive 100% of the royalties)
• Reintroduce what made FD such a popular buy to many traders' portfolios with focused and engaged trading/alpha discussion, just like the old days
• A sharper focus on trading/alpha discussion would hopefully entice more traders to join in the conversation and bring their knowledge to the table, which in turn strengthens the reputation of the FD and becomes an attractive option for future collabs/partnerships
• Potential to not only be a passive revenue for the FD but the strengthened reputation and value add to the token should incentivize a larger voting turnout for future endeavors related to FD business decisions/proposals as well as bring back some FD holders who may have felt left out due to diminished alpha/trading discussions
• Increased visibility on FD showcasing how much value FD can give back to its holders through its treasury and connections
• Help embolden the community to come together and increase visibility of the FD through such initiatives like events, spaces held by Comms committee that could showcase early projects and/or upcoming alpha, discord AMAs, and much more. FD needs to give the Comms committee something to actively market and come up with ideas and creative ways to get the FD brand out in the open

LONGFORM VERSION

The purpose of the longform version is to explain how many of the proposed mechanics would be implemented and the costs to do so. This includes the format once the channel is created, security, moderation, salaries, tools to be used, and more.

Agreement Overview The Founder's DAO shall do the following pursuant to the agreement: Upon the passing of the proposal, the Founder's DAO will go into a contract with SanLeo461 to provide the services needed to create the infrastructure for the Alpha discord. These services are as follows but not limited to:

• Creation of the developer's discord for invited FD users and PV team to test beta software and discover bugs, as well as give any early feedback to help improve the software
• Coordination with Pixel Vault team on best security measures and deployment/deletion of desired alpha tools/bots as listed in timeline
• Addition of a server such as VPS (Virtual Private Server) and a node service such as QuickNode for development purposes and to satisfy blockchain requirements of the alpha bot software
• Maintenance/upkeep of the alpha bot software such as server/node service costs, and any bugfixes/updates of the aforementioned tools/bots
• Minor technical support

TERM

• SanLeo461 will be under contract for as long as needed to fully flesh out the alpha bot software and tools as dictated on the timeline. It is expected to be completed within 90 days after the execution of the contract
• The alpha channel will be up indefinitely until otherwise voted by the DAO, and it will have the license to use the tools in perpetuity from SanLeo461 as outlined in the contract. The Founder's DAO will then sub-license to Pixel Vault in order to deploy the tools within its server on behalf of the FD
• SanLeo461 will go into a 180 day term cycle for the services of bot/software maintenance/upkeep, bugfixes, and technical support within reason after completion of the tools as outlined in the contract's deliverables

DEVELOPER RESUME

SanLeo461 has worked with several Web3 companies/projects over the years such as NFTSensei, hebys.io, Odious' Odiville, and was the main developer for Chill Bears Club which many of you may already know about.

• Worked on bounty program for NFTSensei, writing modules for newly launched mints/projects for their mint bot
• Currently working with hebys.io's NFT search engine analysis work, blockchain data, and decoding software
• Currently working with Odious' Odiville as the principcal developer, further details cannot be revealed for privacy reasons
• Main developer for Chill Bears Club, helped create the infrastructure and maintenance of the discord such as the dApps, smart contracts, cross-chain systems, and more
• 7+ years of software coding experience
• Won a recent CTF hacking competition at his university, aided by security + hacking experience from managing large-scale Minecraft servers that were under constant attacks
• Proficient in majority of programming languages such as Java, Kotlin, C#, Python, Rust, Solidity, JavaScript, and much more

COST & EXPENSES

• The Founder's DAO will pay $10,000 to SanLeo461, in ETH equivalent to the USD value of the agreed upon price at the time of payment(s), for the completion of the alpha bot software within the following parameters:
  • 15% deposit upfront before any work is done
  • 10% of full amount weekly after the initial deposit, 5% will be the final payment. Each payment will be the ETH equivalent of the agreed upon prices at the time of the payment(s).
• After the completion of the alpha discord as according to the contract, the Founder's DAO will retain SanLeo461 for 180 days for maintenance/upkeep, bugfixes/updates, and minor technical support. This will cost the Founder's DAO $1,000 USD, payable in ETH equivalent to the agreed upon price at the time of payment(s), per 30 days after competion of deliverables. Termination rights and notices will be outlined in the contract
• Total expected cost is $16,000 USD, split between the 90 day contract for the delivery of the alpha bot software ($10,000) and the 180 day contract for the maintenance/upkeep and technical support of the alpha bot software ($1,000 per month)

FUTURE MANAGEMENT

It is expected that the alpha channel and all things related to FD will be managed by either the steering committee or a sub-committee dedicated to running the alpha channel without the cumbersome red tape associated with DAO voting for specific permission(s) to take action on any necessary decisions. It is my hope that eventually we will simply let the community vote within the channels and the committee tasked with managing it all will be able to quickly implement necessary changes and/or requests.

For now, SanLeo461 will coordinate with Pixel Vault team to take any necessary security/audit checks/changes and both the Executive committee and Pixel Vault team will help manage the channel(s) until such a designated committee is created and/or selected.

MODERATION The Pixel Vault team will help moderate any additional channels in the FD section of the server as they have continued to do so in the past. There may be an easement of workload or sharing of moderation duties in the future through steerco/sub-committee elections.

LEGAL

All matters related to legal will be handled and outlined within the contract signed upon between SanLeo461 and Founder's DAO. Any other legals between Founder's DAO and Pixel Vault will be handled in the sub-license agreement.