OCM Small Grants Committee Season 2

OCM DAO seeks to incentivize and recognize the efforts of creators, artists, devs, and builders in the OCM community. Forming the OCM Small Grants Committee provides another funding avenue (distinct from the OCM Prop House model) where the community votes for 4 representatives to serve as Committee members, and entrusts them to efficiently dispense a flexible pool of funding for the Season.

This proposal requests an allocation of 20 ETH from the OCM DAO to fund the OCM Small Grants Committee for Season 2, a 3 month period starting February 2023.

What OCM DAO created a Small Grants Committee in Season 1 and funded it with 20 ETH. It would like to continue the work of the SGC and fund it with 20 ETH for Season 2, to disburse to projects in the Committee’s discretion that benefit the OCM ecosystem and further the theme of Season 2, which is “Building The Banana Economy.” The grants are for projects from 0.1 - 2 ETH in scale, and a project can be funded multiple times at different stages, e.g., piloting a proof of concept, then building the product.

The Committee will comprise five members to begin with, with 4 elected by the community, to serve for Season 2 (three months through April 2023). One representative, the DAO Proposals Coordinator, will also serve on the Committee to provide continuity.

The scope would be funding projects from the DAO that benefit the OCM community and ecosystem. Out of scope are DAO governance issues and large funding requests.

Voting for Committee Members OCM tokenholders can self-nominate for the Small Grants Committee. Interested candidates will provide brief candidate statements in a Discord channel or thread set up for this purpose. The OCM community will conduct a tokenholder vote using OCM DAO’s Snapshot.org platform. The top 4 vote winners will serve on the Small Grants Committee for Season 2. How This proposal requests an allocation of 20 ETH from the DAO to fund OCM Small Grants Committee projects for Season 2, a 3 month period starting now through April 2023. Proposal requests can be submitted by OCM holders only. The Small Grants Committee can make both: 1) current grants by reviewing proposals, and 2) retroactive grants, to recognize those OCM community members who have been building the OCM community and ecosystem from the start. The Small Grants process is different from the OCM Prop House process and serves different functions; Small Grants proposals may require a faster turnaround response than the funding rounds in Prop House, request amounts so small they don’t warrant a Prop House proposal, are small enough in scale they don’t warrant broader community input or votes such as in Prop House, or are for projects that are already completed and seek retroactive funding. The decision making for funding is streamlined because members of the Small Grants Committee can approve any project or proposal for funding from 0.1 - 2 ETH with “yes” votes from any three members. However, Small Grants Committee members must recuse themselves from granting themselves or their immediate family members any funding, as well as abstain from voting on any project or proposal they are personally involved in. Small grants can fund for example: IRL events for community members to meet up in different geographic regions, fund fun projects like making stickers to give out at events, rewards for individuals who have already built useful community tools in the past, and piloting new ideas that engage the OCM community.

Full Proposal Intake form: https://docs.google.com/document/d/1zlrcy9gfbiw5fsV_f-0EA2-3T5yCuczZ2Jva9meNS8c/edit?usp=sharing