Title: Education Guild Season 3 Funding Proposal
Authors: ManuelMaccouđ´#6974, iSpeakNerd#6969, fin4dao#8470
Date created and posted: 12/19/2021
Multi-sig: eth: [0xcF8422021b408B32983B525778CE45420715f094]
Doublechecks:
https://gnosis-safe.io/app/#/safes/0xcF8422021b408B32983B525778CE45420715f094
https://www.notion.so/bankless/Education-Guild-Multisig-7c6d7d794bd14b8a90cccef8f2b3997c
Edu Guild Multisig address - Google Docs
SUMMARY
The Education Guild is requesting 755,000 BANK for seasonal funding from BanklessDAO for Season 3. This proposal will detail the specifications of the funding request.
BACKGROUND
Thanks to the funding received in Season 2 the Education Guild managed to establish a sustainable governance structure, onboard new talent and received Grants by third party DAOs for its educational on-demand products.
In Season 3 it is our goal to further decentralize the remuneration process by opening the paid roles up for everyone to contribute via workgroups. The focus for this season will be inner-DAO education on contributing within the BanklessDAO as well as towards operating in web3.
At the end of Season 2, the Education Guild will open a Coordinape round to remunerate contributors for efforts throughout Season 2. And is hoping to do so in Season 3 as well.
The Guilds treasury inherits additional 200k from previous seasons, which will help us keep our funding proposal as light as possible by using this buffer to fund or add funding to projects which had their genesis in Education Guild.
MISSION & VALUES ALIGNMENT
The Education Guild plays a pivotal role in the Bankless mission. Our main focus is to focalize the organization of the guild, the nourishment of talent, and the coordination of necessary labor required for DAO operations and governance.
Many members of the Education Guild are heavily involved in major DAO projects such as First Quest and Bankless Academy and help onboard new DAO members into these projects by educating them.
SPECIFICATION
S3 - Governance
Cross-guild Project Coordinator / Edu Guild Promoter (Name TBD)
Priority alignment: Offer support to DAO-wide educational projects
An example of the responsibility this person would have is to help the Solidity Learning team scale their cohort style course.
- Identify educational projects that would benefit from help by education guild talent.
- Lead the support effort for the identified projects
- Provide feedback on educational requirements for DAO-wide projects
- Work together with the education guild talent coordinators to find and staff talent for DAO-wide projects.
- Be the main point of contact for other guilds who are currently using education guild resources and talent, and for those who want to use education guild resources and talent.
Priority alignment: Promoting our work
Role Qualifications - a passion for developing products, a desire to marketing educational products, and the ability to work well in teams.
- Work together with other role holders to gain awareness of all educational projects and resources in BanklessDAO
- Explore options for publicizing all scheduled workshops, available resources, and projects
- Lead the development of a solution to make all educational resources accessible and discoverable
- Share wins on weekly education calls and community calls
Lead Talent Coordinator
Priority alignment: Encourage and develop members
- Develop a training doc outlining the key skills of a strong talent coordinator
- Build and train a team of talent coordinators
- Take personal ownership of new members by getting to know them, discovering their passions, and getting them started in projects that fit their interests.
- Offer support to the rest of the guid roles by scouting and providing talent where needed.
- Maintain contact with members to provide support if and when necessary
- Maintain Notion table of active contributors
Education Champion
Priority alignment: web3 and operational education
An example of the responsibility this person would have is identifying opportunities for the mentorship program to build out while keeping that ship moving in the right direction.
Role Qualifications - a passion for members, a sense of care for members, and experience in education.
- Possess awareness of all educational projects and resources at BanklessDAO
- Actively drive development of educational products
- Identify opportunities to educate BanklessDAO members
- Work together with talent coordinators to staff projects
- Work together with the cross-guild project coordinator to support existing education projects and teams
Guild Administrator
Priority alignment - The glue
- Possess awareness of DAO and guild governance procedures
- Assist others navigate governance processes
- Be responsible for upholding governance processes
- Represent the guild in any governance related activities
- Raise awareness for changes in governance
- Update Notion and Discord channels with new information
- Organize and facilitate weekly meetings
- Act as a reliable point of contact for general guild matters
- Provide guild updates on Weekly DAO CC
- Possess awareness of all guild-related activities and assist in removing any blockers
- Track incoming and outgoing transactions from guildâs multi-sig
- Track reimbursements due to guild members for remuneration
- Report guild spending to Treasury Guild
Recognition
The Education Guild voted and approved to allocate 200,000 BANK to a Coordinape round at the end of Season 2. The Coordinape round will be open to all members, including Guest Pass holders. However, elected governance role members will not be allowed to receive BANK from this Coordinape round.
In Season 3, we will repeat this process of rewarding guild members for actively participating and contributing to the guildâs ongoing success. We hope to allocate the same amount of 200,000 BANK for this purpose. The eligible roles are still to be determined, because of our renewed workgroup structure.
Misc Expense
Unlike Season 1 and 2 we decided to not request any funding for miscellaneous expenses.
Reason being the buffer in our treasury and the category itself being too nonspecific.
FINANCIAL IMPLICATIONS
We anticipate the following expenditures during Season 3:
- Governance 555,000 BANK
- Recognition 200,000 BANK
- Total Spending 755,000 BANK
This is 20k BANK more than what was requested and approved for in Season 2. Even though we grew in size and engagement unproportionally, we can keep the extra funding required at a minimum thanks to improved efficiency in the Guilds procedures based upon the actions and best practices we managed to implement following the Season 2 funding.
Recognition expenditures are anticipated to occur within Coordinape rounds.
Governance expenditures are anticipated to be broken into workgroups as follows:
| Governance (workgroups) | estimated BANK/month | |
|---|---|---|
| Talent Coordination | 55,000 | |
| Education Championship | 50,000 | |
| Promoter/Cross Guild Coordinator (merged in funding) | 40,000 | |
| Guild administration | 40,000 | |
| monthly total | 185,000 | |
| Workgroups Season total (3 months) | 555,000 |
SUCCESS METRICS OR KPIS
In our Season 2 proposal we implemented success metrics to determine how well our Guild is doing and we want to share these results with you.
Monitor and increase weekly meeting attendance
We started to monitor the Edu Guild Weekly attendance with the DAOs DEGEN bot and working with the Analytics Guild. These are our findings for Season 2:
EDU Guild Attendance (S2)With an average attendance of 27.4 each meeting. We can see meeting attendance is increasing since we began collecting data at the end of October. We assume 11/21/2021 being an outbreaker because of the Thanksgiving weekend.
Guild related activities
- Poll voting: ~ 17 on average
- Guild Projects: 6
- Raffles: 2
- Coordinape rounds
- Single S1 round happened in September 2021
- Single S2 round to happen in January 2022
For Season 3 we are looking to provide exact numbers on Guild related activities in collaboration with the Analytics Guild and the DAODash project.
The Education Guild will continue to measure its success in Season 3 by using the following metrics:
- Monitor and increase attendance at weekly guild meetings
- Monitor and increase participation in guild related activities
- Poll voting
- Guild Projects
- Active participants in Coordinape rounds and workgroups
- Increase the number of funded projects providing educational content
- Personal growth of DAO members
- Have a DAO-wide poll at the end of the season âDid you feel that Edu Guild or itâs projects (list) empowered or educated you in your bDAO contributions?â