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RugDAORugDAOby0x848172585cF38aaD29C6b8244dBdD604AF4CF05Dloxley.eth

Core Team Long Range Plan and Budget

Voting ended almost 3 years agoSucceeded

The Core Team has prepared our Long Range Plan and budget for the next 6 months. We addressed this in our last town hall - the recording of the video can be found in our wiki :

https://wiki.rug.fm/rug-radio/rug-radio/financials

Farokh, Loxley and the team have been working arduously to continue building Rug Radio and we are reaching new heights as a media company. Our audience, reach, sponsorships, revenue, holder base and domain authority are bigger and stronger than ever. We are well on our way to sustainability and profitability! Its a massively bullish signal to the rest of the NFT and Web3 market. Real businesses can and do exist in our space.

Because Snapshot doesn't like attachments and resolution is so poor, please see the following link to our RDAO holders Discord to get a pdf of our plan and proposal: https://discord.com/channels/864184783848341544/1084940561007517696/1084940561007517696

In this proposal, we are looking for funding from the DAO of $1,250,000 to continue operations over the next 6 months. We do project a deficit during this period of approximately 15% of the treasury. After substantial analysis, we believe this is well within our risk tolerance and parameters for growth and would ask the community to vote in favor of this proposal to continue the growth of the business and ecosystem!

The DAO Council has reviewed the request and has determined that it meets the requirements to be posted here for formal vote.

Off-Chain Vote

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1.59K RDAO100%
Reject
0.28 RDAO0%
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Discussion

RugDAOCore Team Long Range Plan and Budget

Timeline

Mar 17, 2023Proposal created
Mar 17, 2023Proposal vote started
Mar 24, 2023Proposal vote ended
Oct 26, 2023Proposal updated