Gitcoin DEI Grant Program Sponsorship and Participation Proposal

Intention

Diversity and inclusion is important to Krause House, the NBA (example), sponsors (e.g. Nike), and the future of sport.

The upcoming Gitcoin DEI grant round (see last round as example) presents a great opportunity for Krause House to both demonstrate our commitment and take action. Due to the short timeline for the launch of the grant program, this proposal combines both the sponsorship donation (signalling Krause House commitment to DEI) and the development of grant submission ideas (representing Krause House leadership and action) into a single project.

Context

Sport can change lives, and brings benefits to people and communities around the world. Those benefits will be greatest when all people regardless of gender, racialization, or socio-economic background are welcome and able to participate.

Krause House is positioning itself as the leader in decentralizing sport and creating ownership opportunities for fans globally. Krause House operates as a DAO, which at its core represents an egalitarian form of governance and structure, and was founded on the vision that team ownership shouldn’t be limited to a handful of billionaires, but rather that all fans of every professional franchise can collectively have real ownership. The intent of this vision is inclusivity across all forms of diversity.

To help bring that reality forward and further establish Krause House’s leadership position and commitment that all fans should have ownership opportunity, we are requesting a budget to sponsor the upcoming Gitcoin DEI (Diversity, Equality, Inclusion) grant round, and organize the submission of one more more proposals.

Requested Budget

20,000 $USDC and 20,000 $KRAUSE

How Will Funds Be Used

1. Gitcoin Grant ($20,000 USDC): Krause House will grant 20,000 $USDC to Gitcoin as a matching partner for the upcoming DEI Grant Stream (to be announced in the coming weeks). See example of previous DEI grant round.
2. Jerry Grant Submission Support (20,000 $KRAUSE): The Purpose and Values team will coordinate one or more proposal submissions to the same grant round. 5,000 $KRAUSE will be distributed to the Purpose and Values team for coordinating the proposals, while 15,000 $KRAUSE will be available to Jerrys for proposal development and implementation.

It is anticipated that Jerry’s will submit proposals to the grant round that could raise in excess of $20,000 USDC for their projects.

Examples of proposal ideas that Jerry’s might submit to the Gitcoin DEI Grants Round include:

• Krause House and the WNBA: Bring the Krause House community building experience to a WNBA team to build engagement and pave a path toward community ownership.
• Women and Sport Community Trust: creating a nouns-style community trust to establish perpetual, self-directed granting program to advance gender and inclusion in sport.

How Will the Project Be Managed

Proposal ideas will be solicited from the community via submission form announced in discord and townhall. Ideas will be shortlisted by the Purpose and Values team based on the following criteria:

• Alignment - with Krause House values, vision, and strategic direction.
• Actionability - likelihood that the idea could be executed well by Jerrys.
• Potential Impact - potential for the project to lead to meaningful equity and inclusion outcomes in sport and/or web3.

The Purpose and Values team will then be available in an advisory capacity to the authors of shortlisted projects as they develop their Gitcoin proposals. If successful, support will continue to be available through monthly-checkins over the course of the project.

Proposals may request allocations from the 15,000 $KRAUSE budget, and must be approved by the Purpose and Values team before submission to Gitcoin if they reference Krause House, engage Jerrys, or have requested a $KRAUSE budget allocation. The Purpose and Values team will use 3/5 consensus on all proposal decisions.

How Will Funds Be Managed

The Purpose and Values team will submit transaction requests to treasury as required to implement the project.

Any resulting grant awards from successful projects will returned to the treasury and remain available to the proposal teams according to the terms of their successful proposal and as otherwise stipulated by the Purpose and Values team.

Team

To date the Purpose and Values team has launched the #Iggy-Awards, conducted a baseline survey on Krause House’s purpose and values, and is in process of completing the first full review as outlined in our original proposal. The team (@TimothE, @dluxe, @silekyj, @eli, @Lewwwk) will coordinate the delivery of the project as required.