Season 4 Funding Proposal

Summary

We are continuing to work on the goals and procedures outlined in the previous season’s funding model.

The total budget allocation for Season 4 is 4 ETH and 1,100,000 London We will be setting aside a portion of funding for unforeseen opportunities that might present themselves to the DAO during the course of the season.

A breakdown of compensation tiers for season 4 can be found below:

Tier 1

Tier 1 allocates a certain amount of funding for council members that have not yet been given a designated roll, but would like to add value. This tier also funds possible contributions from the wider DAO community. - 1 ETH and 100,000 London has been allocated for this tier.

Tier 2

This season, tier 2 will represent the funding our core contributors will receive for the work they do to push the DAO forward.

A further breakdown of this tier is provided below:

Bitwizard provides value to the DAO in many ways. He is the DAO’s chief strategist. He assists Danny with operational duties by providing strategic advice ad or completing operational tasks himself. Additionally, He has used his experience to assist the DAO in creating marketing strategies that he will continue to push during the course of Season 4. 1.5 ETH and 500,000 London has been allocated for Bitwizard's commitment during season 4.

@DefiDanny Danny has and will continue to provide operational support for most DAO initiatives as well as project management tasks on an as needed basis. Additionally, Danny has continued to work on our new IP drop. It's his hope that this new project will generate some real revenue for the DAO. 1.5 ETH and 500,000 London has been allocated for Danny's contribution during season 4.

Next Steps

The DAO will vote on this proposal. If this proposal is passed, a payment of 1/2 of the season allocation for Season 4 will be distributed among those described in tier 2 above.