by 0xd11a019a70986bd607cbc1c1f9ae221c78581f49 (Yemel)
DAO Grants Program - New Categories & Requirements
Redefine the categories of the DAO’s Grant Program, and set up clear requirements that can be translated to questions in the application form and KPIs to measure the performance of the project along the way.
Currently, the grants program defines the scope of 4 different categories, representing areas of Decentraland that benefit most from community contributions:
This proposal aims to redefine the categories and set requirements for each of them.
The DAO’s grant program is one of the best vehicles to help grow the Decentraland ecosystem. A community vote approved the current categories, more than a year ago, and now is a good time to review the results and propose improvements.
By reviewing the results of one-year operations , some conclusions can be drawn:
Every active grant must:
The proposed categories are:
1- Core Unit
Provide core infrastructure and operations for the DAO. The work done is essential for the organization and grantees may be considered official representatives of the DAO.
2- Platform Creation of tools and applications that extend the power of the Decentraland platform or provide alternative ways to explore Decentraland’s ecosystem.
3- Documentation Creation of free educational content about how to contribute, build and play on Decentraland. The content should be published on official mediums to be found and preserved for posterity.
4- In-World Content Development of attractive experiences in Decentraland that generate retention of users. The experiences can be in the form of scenes, games, and events, in any case, consumed by players through the reference client.
5- Social Media Content Projects to create content on social media platforms such as Twitch, Twitter, Youtube, Tik Tok, and Discord. The project aims to reach new users and keep them engaged.
6- Sponsorship Supporting conferences, side events, community meetups, hackathons, and contest prices that target audiences relevant to Decentraland.
7- Accelerator A private company or revenue-generating initiative looking forward to receiving an investment from the DAO.
The proposed changes to the vesting contract will have the following impact:
The Governance Squad should implement the following changes:
These changes are all feasible and can be developed in one or two weeks.
The Grant Support Squad should be responsible for measuring performance metrics for each grant and overviewing its roadmap progress. A grant should be revoked if such performance metrics are poor or fails to meet any of the requirements.
This proposal redefines the previous four categories into a new set of seven categories, each of them with a clear scope, requirements, and key performance indicators to measure its impact.
The application form to request a grant should make the requester acknowledge the requirements for the grant category. Grants that do not pass the requirements or are badly categorized should be rejected by community vote.
It’s important for the community and the grantee to agree on the goal of the project and the performance metrics that will be used to measure the impact of the project. Failing to demonstrate results on these performance metrics may result in revoking the grant funding.
Having well-defined categories is a prerequisite for doing proper budgeting, based on these categories the DAO will be able to vote on how to allocate the resources to each category.