SOSIP-5-OpenDAO Operational Budget

In this semester, a 6 month period from 1 January 2022 to 30 June 2022, we will aim for a total of 54 team members to help build the OpenDAO community.

Up until now, every current contributor, moderator, and intern moderator has volunteered their time to create, build, and cultivate OpenDAO and the $SOS Community.

In addition to the proposed Operational Budget being used to support community events, pay expenses, and compensate current team members, it is also meant to attract and onboard new talents to join as well.

The total requested budget is $2mil worth of $SOS

Breakdown of the budget:

1. 6 months Talent Compensation $1.14mil,
2. Community Events $0.42mil,
3. Project Contingency $0.12mil,
4. Miscellaneous Expense $0.12mil,
5. Dev Team Expense $0.2mil.

The requested budget will be transferred from OpenDAO treasury to the operational gnosis wallet controlled by 8 core contributors.

All transactions from the operational gnosis wallet will require 6 out of 8 approvals.

To read the full version of the proposal, please visit https://docs.google.com/document/d/1Iw7ahsy3sh4Rrm4T0ybiRmqq8z0EhLaWno7iR_Bv3AE/edit?usp=sharing