CRYO-12: Strategic Plan 2024-2025

Submitted by: Stewards Team Members: Stewards

1. Problem

The Stewards, with assistance from CryoCore, author the DAO Strategic Plan (DSP).

2. CryoDAO Strategic Plan (2024-2025)

I. CryoDAO mission and vision

The Stewards aim to uphold the Mission and Vision as recently voted in through the CryoDAO Constitution.

II. Specific, measurable, achievable/realistic, and time-defined goals

II.a. Operations Working Group Yearly Plan

Goals:

1. OTC fundraising round
2. Launch bounty system for results-based work contributions
3. Launch DAO overview portal
4. Launch cryopreservation scientific journal
5. Develop official CryoDAO Whitepaper
6. Manage day-to-day operations for current and future DAO activities

Activities:

1.1 Design tokenomics structure for new funding round 1.2 Develop fundraising materials 1.3 Raise funds from strategic, mission-aligned contributors

2.1 Create structure for CRYO bounty listings and rewards 2.2 Set up initial bounties for work contributors to claim

3.1 Develop DAO overview portal including treasury stats, IP-NFTs, and proposals

4.1 Develop overlay journal for cryopreservation research papers 4.2 Recruit a team of curators 4.3 Organize structures for quarterly preprint collections and voting

5.1 Write a new whitepaper for the CRYO governance token 5.2 Review whitepaper with legal counsel

6.1 Facilitate DAO governance via proposals and snapshot voting 6.2 Manage accounting and financial records 6.3 Operate treasury as per governance decisions from token holders 6.4 Generate yearly Community Report

II.b. Awareness Working Group Yearly Plan

Goals:

1. Reach 1000+ Cryo token holders
2. Establish at least 2 new partnerships (such as token swaps or research collaborations) with other DeSci DAOs, research organizations, and funders
3. Establish a presence on LinkedIn and Warpcast, while enhancing our Telegram and Twitter/X platform presence, aiming for a 50% increase in engagement across these platforms
4. Launch the Ice Breakers podcast
5. Present CryoDAO at at least 3 events
6. Develop branding kit for CryoDAO awareness activities
7. Establish collector’s item NFT project

Activities:

1.1 Increase number of listing sites DAO is present on 1.2 Leverage influence to promote the DAO's mission 1.3 Implement optimized fundraising strategies to enhance the publicity for raises 1.4 Onboard and maintain a minimum of 2 community moderators within the Discord server and Telegram. 1.5 Coordinate events within the Discord server as the need arises with Town Halls, announcements, and project updates. 1.6 Develop newsletter format to follow for further community updates. 1.7 Create associated bounties for newsletter development

2.1 Reach out to potential partners within the DeSci community regularly 2.2 Reach out to potential advisors 2.3 Coordinate with Dealflow WG for scientific and funding partnerships

3.1 Get established on various different content platforms such as LinkedIn and Warpcast 3.2 Further establish presence on Telegram, Discord, and Twitter/X through regular posts and updates 3.3 Continue working with our partnered digital art agencies on large projects 3.4 Create bounties as the need arises for graphic design, video editing, and other engaging content

4.1 Launch podcast “Ice Breakers.” 4.2 Recruit podcast lead 4.3 Establish potential podcast interviewees

5.1 Coordinate event attendance 5.2 Develop presentations and media for events 5.3 Utilize brand paraphernalia at events to grow visibility

6.1 Gather existing materials and media to be available to the public 6.2 Create new media for the branding kit as needed

7.1 Launch Collector’s item NFT project

II.c. Dealflow Working Group Yearly Plan

Goals:

1. Complete 4 project financings and 2 IP-NFTs
2. Design and publish Cryo Roadmap 2.0
3. Build the CryoDAO peer-reviewed paper repository with minimum 100 papers
4. Complete Dealflow management framework as per CRYO-6
5. Design Cryo Roadmap Fellowship

Activities:

1.1 Design funding criteria 1.2 Recruit 10 reviewers 1.3 Reach out to 30 labs and companies working on cryopreservation and invite them to apply 1.4 Work with applicants to improve project proposals 1.5 Design project community presentations and author project funding governance proposals

2.1 Design goals, activities, timeline of the project 2.2 Hire field expert, examine external financing options (e.g. NSF) 2.3 Review existing roadmaps 2.4 Reach out to paper authors, build collaborations, and design the roadmap 2.5 Publish or co-publish roadmap 2.6 Examine viability of a Nature paper on the Roadmap

3.1 Gather all topic-relevant peer-reviewed papers 3.2 Build searchable database based on topics identified by the Roadmap

4.1 Author Sourcing projects handbook, explaining

• a. What we fund and what we look for
• b. Due diligence process
• c. Financing process
• d. Assistance and services the DAO provides to funded projects
• e. Commercialization process

4.2 Author Peer review handbook, explaining

• a. Criteria
• b. Submitting your review

4.3 Author Project management handbook, explaining

• a. project implementation
• b. progress reviews
• c. project continuation and sunset

5.1 Design Fellowship financing postdocs undertaking “missing-link” research

III. DAO Budget, financing, and resource allocation

The budget administration (i.e. how we spend money) is subject to the following principles, in addition to principles voted in through previous proposals:

1. Smart Budgets. We design our budgets with the following in mind: every dollar spent on operations is a dollar we can’t spend on research projects. Funding is allocated based on achieving predetermined milestones and delivering measurable results only (see goals and activities above)). Spending variation of 2% of each community-approved yearly budget requires approval from multiple designated members, reducing fraud risk and ensuring oversight. Variations of above 2% require a community vote.
2. Science first. >80% of the budget is dedicated to financing and building projects. CryoDAO broadly strives to allocate 50% of those resources to groundbreaking moonshot projects rather than funding for incremental technological and scientific progress. We strive to allocate 25% of resources to more immediately relevant topics that would allow for faster integration into medical routine, and 25% to opportunistic topics such as working with reputable organizations on joint projects.
3. Rational use of funds. CryoDAO is not a government body and using each budget line fully is not encouraged nor rewarded. The principle Stewards will apply and have their performance judged upon is to try to overdeliver while using the minimum amount of resources, without sacrificing quality. The budgets listed here are the maximum amounts that can be spent for each budget line, not the minimum amounts. Stewards are encouraged to manage their budgets prudently and efficiently. As an incentive, for every percentage of the WG maximum budget that remains unspent, the Steward will receive 10% of the unspent amount in a discretionary fund that can then be distributed within the department as deemed appropriate by the Steward.
4. Quality of funded projects. We abhor using the number of projects funded as a supposed metric of success. Such metric only motivates the organization to fund low-quality projects. Rather, we pride ourselves on the quality of projects we fund, and the short and long-term impact we produce.

The totals requested for the CryoDAO Strategic Plan are represented below:

Item	vCRYO	USDC
Growth		175,000
Awareness Bounties	100,000
Project Financing		1,500,000
Project Reviewers (PhDs)	50,000	25,000
Dealflow Bounties	100,000
Roadmap Expert (postdoc)		40,000
Legal and Compliance		75,000
Regular Operations		15,000
Ops Bounties	50,000
Totals	300,000	1,830,000

The calculations below are for illustration purposes:

	vCRYO	% of total	USDC	% of total
Dealflow (Project Financing)	150,000	50.00%	1,565,000	85.52%
Awareness	100,000	33.33%	175,000	9.56%
Ops	50,000	16.67%	90,000	4.92%
CRYO spend of current total supply	6.78%
CRYO current MTS	4,422,687
USDC spend of total currently raised	51.60%
Out of that, % going to funding projects	81.97%
Project runway based on the above	23 months
Total raised (Juicebox 1 at $3,200 ETH	$3,546,176

3. Requested Budget

A total budget of 300,000 CRYO and 1,830,000 USDC is requested for the activities described above.

4. Timeline

The Proposal above will be active for a 12 month period.