GM 23.1 : gm.studio core dev.fund (6/1/22-8/1/22)

Author:

Willyham

Proposal date:

July 10, 2022

Summary:

8 week retainer to fund studio costs. 5.5 weeks retroactive funding and 3.5 weeks ongoing funding.

What has been completed in this period:

• Refactor of collections data to allow for sharing across multiple projects. This results in making collections config for launches considerably easier and less error prone.
• Gallery page was launched
• Added web analytics support
• Twitter sales bot support for new contracts
• SEO and embed tag improvements
• Factura contract, config, landing page, etc.
• Contract work for Studio Pass

What is still to do in this period:

• Finish Factura launch
• Finalise collections page
• All requirements for next collection launch which has already passed curation panel.
• Continued work on Studio Pass

Core team salaries

The funding rates for the team for the will remain unchanged from previous period with a rate of Ξ0.0375/hour.

Retroactive and forward hours combined for simplicity.

Willyham: 10 hours/week = 80 hours = 3 ETH Bhish: 10 hours/week = 80 hours = 3 ETH cxkoda = 5 hours/week = 40 hours = 1.5 ETH

Additional operating costs : **detailed in the image below

**.

Notes:

• Estimates are for variable infra costs (AWS, Heroku) through the end of July. Other providers are fixed and should be accurate.
• Promo videos were reduced significantly.
• Dev time was reduced

Breakdown of costs :

• Core team (salary based on the outlined hours at the rate of Ξ0.0375/hour): 7.5 ETH
• Drop fund (crunch time around the drop) for 2 drops: 3 ETH
• Infra costs: $1160 (1 eth)
• One-time costs (marketing & carbon offset for 2 drops): $1540 (1.33 ETH)

ETH @ $1160

• Total request for 2 months: 12.83 ETH, to sent to the studio multisig.