Requesting 5,250 $KRAUSE and $500 USDC to Establish Public Bounty System

TITLE: Requesting 5,250 $KRAUSE and $500 USDC to Establish Public Bounty System

FUNDING: 5,000 $KRAUSE to fund Public Bounties; $500 USDC and 250 $KRAUSE to Dluxe for program set-up & maintenance

WALLET: N/A

PROJECT LEADS: DLuxe, Mario Lopes

GOAL OF PROJECT:

Develop a clear process for non-ticketed individuals interested in gaining Krause House Access through Bounty contributions. Each bounty task will be assigned $KRAUSE as compensation (min 100 $KRAUSE). The Bounty list will be a made available in the Public section of the discord and will be communicated via Draft Class sessions and social media.

WHY THIS MATTERS:

As we continue to generate awareness for KH, there will be more and more fans who want to engage but don’t know how. They arrive at the Discord but are gated from further engagement. Their access is limited to the Public areas and they are currently unable to participate in projects. Krause House is a decentralized organization with a supportive culture. We believe that every NBA fan has the opportunity to be a part of owning a team. As such, we want to make Krause House open, not only to those who are able to purchase tickets, but also to those who are willing to make meaningful contributions to improve the DAO. This proposal focuses on engaging those individuals who want to contribute via individual bounty tasks vs being part of an existing KH Team.

HOW THIS WILL BE DONE:

We propose establishing and communicating a Bounty Program outside the gated area where potential contributors can come and sign up to perform key tasks that earn them $KRAUSE tokens. A Bounty Bot will automate the process and update daily. Team leads will be able to add bounties to the list. The Bounty Program will be shared as part of the Draft Class process, clearly outlined in the Public discord section and communicated through social media. Interested members will be able to sign up and complete bounties for $KRAUSE.

DEFINITION OF SUCCESS:

Success will be measured by 1) the number of bounty opportunities created by team/project leads and 2) the number of people who “apply” for these bounties. Our goal is to see a minimum of 50% of available bounty projects completed by non-ticketed individuals. We will track participation to determine success.

FUNDING DETAILS:

We are requesting 5,000 $KRAUSE to fund approximately the first ~25 project bounties.

We are also requesting $500 USDC and 250 $KRAUSE for Dluxe to set up this program & maintain the bounty board (with assistance from Mario).

Bounties can fall into 3 categories, based on time commitment (Free Throw<5 hrs work 100 $KRAUSE; Jump Shot 5-20 hrs work 200 $KRAUSE; 3-Pointer > 20 hrs work 350 $KRAUSE).***

Here is an example bounty list for launch. Additional Bounties will be collected once proposal is approved. Contributors would reach out to the designated contact for each project.

LIST OF EXAMPLE PROJECT BOUNTIES HERE 👉https://www.notion.so/krausehousework/Requesting-5-250-KRAUSE-and-500-USDC-to-Establish-Public-Bounty-System-18d3ccf3e3ac4c6c95bfce628562692e

Additional Bounties will be collected once proposal is approved. Contributors would reach out to the designated contact for each project.