Authors

Core Team

Summary

This proposal is intended to extend the position of JB, to continue leading UX/UI Design at NFTX, for an additional year.

Rationale

Since the start of NFTX, we’ve gone through a broad expansion of the DAOs’ Core team by appointing individuals towards the Protocol or Product Squad, which in the long run has caused minor organizational inefficiencies. While the Core team has already solved these by acting as one horizontal organization, the yearly proposals were still merged.

Through this proposal (and XIP#39 + 40), we’re separating this process into extending each individual position independently.

JB has been active as the UX/UI design lead within the Core team, being responsible for designing all user-facing interfaces, such as the more recently launched NFTX Yield app.

In the run towards shipping the third version of NFTX, both on protocol and product level, the core team would like to extend JBs’ position. This guarantees that the Core team has a designer to ship a fully renewed end-user experience for NFTX v3, based on previous learnings from V2 products.

If this proposal passes, JBs’ position on the Core squad of NFTX will be extended for an additional year, according to the specifications listed below.

Effect

Opportunity

• By retaining JB, NFTX operations are able to continue as is in the build-up towards launching NFTX v3 later this year.

• Extending JB allows him to further execute on the mid-to-long-term roadmap defined by Core.

Risk

• None noted.

Specifications

If this proposal passes, JB keeps responsible for leading UX/UI design. His main responsibilities are to:

• Lead NFTX UX/UI on a daily basis

• Guarantee designs for new products are delivered to other team members to be used for new products

• Build product(s) that contribute to the increase of NFT liquidity, inventory, and volumes across the board.

• Coordinate across product/dev team to gather feedback and iterate product

Funding request - Yes - Implementation Requires Funding

• In order to extend the position of JB, we’d like to offer him a similar competitive annual package to the previous year, for which funds are required from the DAO treasury. Packages are paid with a 75-to-25% ratio in USDC/NFTX.

The total amount of funds required from the treasury:

• 118,000 USDC yearly vesting schedule using Sablier (or Superfluid/Llamapay if preferred).

• NFTX (worth 37500 USD), paid out in advance quarterly at spot price.

These funds are to be paid from the DAO Treasury after the vote passes.

Communication

• Discord: https://discord.gg/xcJkxMXSR8 2

Quorum

• Minimum Quorum: More than 10% of circulating, non-treasury NFTX must participate for a proposal to Pass.
• Passing Threshold: More than 50% of voting tokens must vote FOR for the XIP to Pass. For changes to the NFTX contract, more than 70% of voting tokens must vote FOR for the XIP to pass.