AV Department Season 7 Funding Request

Grants/Funding
1

Author: 0xZFi#4882
Date created: January 12, 2023
Date posted: January 20, 2023
Affiliation: Operations Department, Design Guild, Marketing Department
Funds requested: 237,000 BANK
Department wallet: 0xE2D721c126150BeEE3C56A1AD71A2E0E29A411F0

SUMMARY

Department Description

The remaining active members of AV Guild have voted to proceed into Season 7 as the AV Department. The AV Department will be responsible for the management of the BanklessDAO YouTube channel (including quality control, uploads, and RSS data entry, etc) and will provide AV services (upon request, and according to a menu of rates) to other groups or members within the DAO. The focus for Season 7 is a pivot to revenue-generating activities and away from talent development and administrative overhead costs.

Past Activities

The AV Guild experienced an exodus of mostly-inactive members after voting to discontinue guild-level Coordinape rounds for Season 6. There was little talent coming in, and little participation among new members. Our New Contributor Bounty (which offers new members an opportunity to earn some BANK to show off their skills and talents on a small project of their choice) did not have a single applicant for Season 6.

This decline in participation was seen in the attendance at our Tutorials LEVEL UP sessions as well. These were valuable, in-demand tools and skills that were worth teaching and worth learning, so the program may be revived in the future. For now, however, we’ve decided to discontinue these and utilize that BANK more effectively elsewhere.

Additionally, with Member-Based Automatic Guild Funding and the removal of projects from guilds at the beginning of Season 6, we saw the demand for talent drop as well. Our primary activities became YouTube operations and fulfilling meeting and workshop recording requests from other groups (including The Grants Committee, Design Guild, Operations Department, and Fight Club).

In recent weeks, we have focused discussion around these inefficiencies and have begun looking for ways to better utilize our BANK budget. Polls to suspend two salaried roles (the Secretary and the Governance Coordinator) and bounty out tasks as needed both passed unanimously.

MISSION & VALUE ALIGNMENT

The AV Department manages and curates the BanklessDAO YouTube. With well-updated, quality-produced content, we can reach more people with resources to help them go bankless.

The AV Department can also be accessed for meeting recording, streaming, and other services. In this way, we can support efforts toward documentation, transparency, archival, and education.

FINANCIAL IMPLICATIONS

Budget Breakdown

Roles: 168,000 BANK
Bounties: 69,000 BANK
Total ask: 237,000 BANK

Currently Projected Revenue Potential: 73,125 BANK

  • Grants Committee weekly meeting recordings, 24,375 BANK
  • Weekly Community Call recordings and live-streams, 32,500 BANK
  • Weekly Fight Club meeting recordings, 16,250 BANK

Proposed Revenue Generation Model

The AV Department proposes a revenue generation structure directed toward achieving departmental self-sufficiency. To achieve this, a markup will be added to the cost of labor when quoting prices for AV services. The labor rates paid for completing tasks will remain the same as Season 6, but a 25% service fee will be added and retained by the Department to cover future overhead expenses.

By approaching revenue in this way, we can ensure that the Department and its services are available for all DAO subgroups when needed, but also be better able to scale our expenses up or down with the actual demand for services.

Similarly to Season 6, those looking to request AV services should visit the Notion page and fill out a request form. The menu of prices for services we offer is available there as well. Our basic meeting screen capture and recording service is only 1,250 BANK per hour of labor (up from 1,000 BANK per hour in Season 6, due to the service fee). Groups may also choose to record audio-only themselves, for free, using our resident Craig bot. Instructions for how to use Craig are also available on our Notion page.

SEASONAL KPIs

Factor KPI Success Metric
Demand for bDAO AV Services $BANK revenue generated from requests for services Increases, on average, seasonally, to cover or exceed overhead costs
Departmental Self-Sufficiency % of funding derived from service fees Increases, on average, seasonally
DAO Communication and Transparency Live and recorded coverage of weekly Community Calls 100% coverage
YouTube Channel Quality Control % of QC’d videos out of total submitted ≥90%
Turnaround Time Timely posting of qualifying*, ready-to-post videos submitted for upload <48 hours
  • A “qualifying” video means: no further editing is needed; title, description, and thumbnails have all been finalized; and all assets are provided with the video, ready to be uploaded. The AV Department can provide many of these extra services if needed, for an additional fee. Please review the price list here.

FURTHER DEPARTMENT CHANNELS

Member Guild or Department Affiliations
RedCrystalDragon🏴#4188 AV Guild, Design Guild
ZimTeemo#1909 AV Guild, Ops Dept
0xZFi#4882 AV Guild, Ops Dept, Education Dept
SpiritedF#7303 AV Guild, Design Guild, Research Guild
Tundeeey#9140 Marketing Dept, AV Guild, Ops Dept
Droste :black_flag:#0063 AV Guild, Making BANK Podcast
Jasu#9801 Design Guild, AV Guild, Bankless Card
LiviuC#7835 AV Guild, Ops Dept, Bankless Loans
EurekaJohn#2094 AV Guild, CryptoSapiens
Liquidiot#5975 AV Guild, The Rug, WRRVS

NEXT STEPS

  • Update current clients of AV services with the increased price estimate for services and work with subgroups to integrate the new costs
  • Update the AV Guild Notion page to reflect Department status and archive much of the old content
  • Update the AV Guild Discord channel structure to reflect Department status, new role holders, and changes to workflows
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AT THE REQUEST OF THE GRANTS COMMITTEE, THIS IS AN UPDATE TO THE AV FUNDING REQUEST. THE GROUP WILL CONTINUE AS A GUILD INSTEAD OF RESTRUCTURING TO A DEPARTMENT.

SUMMARY

The remaining active members of AV Guild voted to proceed into Season 7 as the AV Department. The Grants Committee disagreed with this approach for various reasons and suggested an alternative structure. This Season 7 funding request is now being resubmitted with a Guild structure and a focus on talent development.

The AV Guild will be responsible for the management of the BanklessDAO YouTube channel (including quality control, uploads, and RSS data entry, etc) and will provide AV services (upon request, and according to a menu of rates) to other groups or members within the DAO.

The focus for Season 7 is now a continuation of talent development.

Past Activities

The AV Guild experienced an exodus of mostly-inactive members after voting to discontinue guild-level Coordinape rounds for Season 6. There was little talent coming in, and little participation among new members. Our New Contributor Bounty (which offers new members an opportunity to earn some BANK to show off their skills and talents on a small project of their choice) did not have a single applicant for Season 6.

This decline in participation was seen in the attendance at our Tutorials LEVEL UP sessions as well. These were valuable, in-demand tools and skills that were worth teaching and worth learning, so the program may be revived in the future. For now, however, we’ve decided to discontinue these and utilize that BANK more effectively elsewhere. With the adjustment back to a Guild structure, training classes will be re-added for Season 7 to upskill and retain talent.

Additionally, with Member-Based Automatic Guild Funding and the removal of projects from guilds at the beginning of Season 6, we saw the demand for talent drop as well. Our primary activities became YouTube operations and fulfilling meeting and workshop recording requests from other groups (including The Grants Committee, Design Guild, Operations Department, and Fight Club). We will continue to do these things but also talent development.

In recent weeks, we have focused discussion around these inefficiencies and have begun looking for ways to better utilize our BANK budget. Polls to suspend two salaried roles (the Secretary and the Governance Coordinator) and bounty out tasks as needed both passed unanimously. These moves were made in an effort to staff for the streamlined Department structure, but with the additional focus on talent development and training classes within the Guild structure, further adjustments may be needed throughout the season to add some of these expenses back to the budget.

MISSION & VALUE ALIGNMENT

The AV Guild manages and curates the BanklessDAO YouTube. With well-updated, quality-produced content, we can reach more people with resources to help them go bankless.

The AV Guild can also be accessed for meeting recording, streaming, and other services. In this way, we can support efforts toward documentation, transparency, archival, and education.

If members are interested in developing their AV skills, training classes will be offered to upskill and retain talent.

FUNDING REQUEST

Seasonal Guild Funding Calculation

Budget Item BANK
Seasonal Role Hours (4 role x 5 hours x 13 weeks) 260,000
Notion Administrator Role 13,000
Active Members (10 active members x 10,000 BANK) 100,000
Total Season 7 Funding Request 373,000

Revenue Generation Model

The AV Guild proposes a revenue generation structure directed toward achieving self-sufficiency. To achieve this, a markup will be added to the cost of labor when quoting prices for AV services. The labor rates paid for completing tasks will remain the same as Season 6, but a 25% service fee will be added and retained by the Guild to cover future overhead expenses.

By approaching revenue in this way, we can ensure that the Guild and its services are available for all DAO subgroups when needed, but also be better able to scale our expenses up or down with the actual demand for services.

Similarly to Season 6, those looking to request AV services should visit the Notion page and fill out a request form. The menu of prices for services we offer is available there as well. Our basic meeting screen capture and recording service is only 1,250 BANK per hour of labor (up from 1,000 BANK per hour in Season 6, due to the service fee). Groups may also choose to record audio-only themselves, for free, using our resident Craig bot. Instructions for how to use Craig are also available on our Notion page.

ACTIVE GUILD MEMBERSHIP

Definition of Active Member

An active member is one who has contributed to the Guild’s activities within the last season by holding and fulfilling a role, through completing bountied tasks, or by actively signing on the multisig.

Only active members of the Guild are eligible for compensation and Gulid-gated Sesh poll voting.

Active Member List

Member Guild or Department Affiliations
RedCrystalDragon🏴#4188 AV Guild, Design Guild
ZimTeemo#1909 AV Guild, Ops Dept
0xZFi#4882 AV Guild, Ops Dept, Education Dept
SpiritedF#7303 AV Guild, Design Guild, Research Guild
Tundeeey#9140 Marketing Dept, AV Guild, Ops Dept
Droste :black_flag:#0063 AV Guild, Making BANK Podcast
Jasu#9801 Design Guild, AV Guild, Bankless Card
LiviuC#7835 AV Guild, Ops Dept, Bankless Loans
EurekaJohn#2094 AV Guild, CryptoSapiens
Liquidiot#5975 AV Guild, The Rug, WRRVS

NEXT STEPS

  • Update current clients of AV services with the increased price estimate for services and work with subgroups to integrate the new costs