OCM DAO needs a quick and efficient process to deploy capital from the DAO to fund smaller projects (1 to 5 ETH each) at scale, which will generate interest in and help to build the OCM ecosystem and brand. Our OCM Prop House model will be carried on from our successful season 1 to season 2 in order to maximize speed of funding for small projects while minimizing transaction time and friction, and also encouraging community voting and involvement. Through three monthly funding rounds of 10 ETH each, the OCM community votes to determine which of the top proposals win funding in a particular round.
This proposal requests an allocation of 30 ETH from the DAO to fund OCM Prop House projects for Season 2, a three month period starting February through April 2023. The theme for Season 2 will be centered around “Building out the Banana Economy”. All proposals must offer a product or service that is being sold for bananas exclusively. Creators will offer an initial run of the product or service, and charge bananas for it. We suggest 75% of the bananas will go back to the DAO. Each proposal can decide the percentage amount for their proposal.
The rounds will be broken down in the following manner, the same for all three rounds: Round 1: 2 Winners x 5 eth Round 2: 2 Winners x 5 eth Round 3: 2 Winners x 5 eth
Proposal Intake form: https://docs.google.com/document/d/1RAz36489Gw_9mZGKl3S3M0CJvf7d23jJIG1cfzggOs4/edit?usp=sharing