This proposal consists into including 5% of Traders Island expenses covered now by individuals, as personal expenses in Web3 Island Makers budget.
Like other expenses, it will eventually be: refunded, converted or rewarded.
As of today, Traders Island has a running cost of ~400€/mth.
It includes infrastructure costs like web hosting or server services.
All the spendings made so far have been covered by Steve M.
As 5% of the Tokens of the project will be held by Web3 Island Makers, the same proportion of the spending should be covered by the DAO.
But as of today, the treasury doesn’t seem to be able to handle full monthy subscriptions over 50€ or 100€/mth.
So this proposal consists into acknowledging 5% of this spending as an expense made by individual members.