Governator Project Season 7 Proposal
Project Champion: montgomery#8177
Squad: Tiki#0503, Sprinklesforwinners#1125, itszachnotzak#7632
Purpose: Revenue seeking public good
Affiliation: Dev, Ops, GC
Authors; Editors: jameswmontgomery.eth, SprinklesForWinners
Date created: 01/27/23
Date posted: 01/27/23
Funds requested: 1,195,000 BANK
Project wallet(s): 0x6A7E3Ce0eBd1C79A0cD895C7F370AAB9c43482dE (gnosis)
Own subDAO/Discord server: #governator channel in bdao Discord
PROJECT TEASER
Sybil-resistant, token-enabled voting - directly in Discord!
SUMMARY
Project Description
The project exists to serve the governance space in between the properness of Snapshot and the casual straw polls of Sesh (and sybil-prone Discourse). Governator exists to allow communities to use their tokens in voting directly in Discord with no need to sign with their ledger wallet every time they want their voices heard.
Past/preparatory activities
Coming from three seasons on the Grants Committee, leading the Dev Guild, and participating at the DAO since genesis, I have seen a really critical need for a web3 native solution for soft governance. Snapshot is too firm and Sesh/Discourse too soft. We need a way to allow users to votes super easily with their tokens; and so, Governator was born.
We’ve been funded by the GC before and have reached a critical point: launch! As of this proposal, we have officially accomplished our V1 goals and have launched a full-featured version of the product on the BanklessDAO Discord server. This critical step is the jumping off point for building amazing new features and, more importantly, our ability to reach out to other communities & DAOs.
Take a look at this demo:
RETROSPECTIVE
We had a retrospective that illustrated (along with market research) that we are building the right service with the right team. The biggest challenges we will face next will be revenue and prioritization.
FINANCIAL IMPLICATIONS
Project Breakdown
Category | Amount |
---|---|
Roles | 848,000 |
Infrastructure | 70,000 |
Bounties | 100,000 |
Buffer | 100,000 |
Overage (debt from last 2 seasons) | 77,000 |
1,195,000 BANK |
Though our roles comprise the core expense, there will be a need for a flexible budget regarding outreach, integration, education, support, and partnership that can be spread between Bounties and Buffer line items. These may also extend our runway in between seasons as projects are not as well defined inside the seasonal scope as departments & guilds.
Infrastructure is currently a low cost at about $500/year which currently equates to about 70k BANK. As this project scales, this cost will rise considerably as the need for business-scale web3 APIs and hosting may become apparent. We will explore alternative funding needs when that becomes the case.
The Overage debt is from continuing operations without funding for 2 seasons - we stretched our Season 4 budget across 3 seasons and did not want to return to the DAO for funding until we had accomplished our objective, which we have!
Compensation Breakdown
We abide by the recommended 1k BANK/hr framework set by the GC for the following roles.
Role | Weekly | Total (13 weeks) |
---|---|---|
Champion | 10 | 130,000 |
PM | 10 | 130,000 |
Full Stack Dev | 20 | 260,000 |
FE Dev | 10 | 130,000 |
UI Designer | 10 | 130,000 |
Ambassador | 5 | 65,000 |
Treasurer | - | 3,000 |
848,000 BANK |
SEASONAL KPI
Factor | KPI | Success Metric |
---|---|---|
Discord servers | # of server installs | # ≥ 5 |
Polls | # polls created | # ≥ 50 |
COMMITMENTS
- BANK Utility - Use BANK in simple token gated & weighted polls directly in Discord.
- BANK Fees - We will explore allowing BANK as payment for this product.
- BANK Buyback - We will explore using part of our revenue to buy BANK.
- tlBANK Support - We can easily support tlBANK, POAP, Otterspace, or any other integration/token that bDAO wishes to explore as a part of membership definition.
BRANDING
We believe that fair, accessible governance is key to the success of the web3 mission - in this way (among many others - we are deeply aligned with the BanklessDAO mission). We’ll use BanklessDAO as a submark in our web presence, just not as our primary brand identity. It will appear in our web footer and other information about the product.
FURTHER PROJECT CHANNELS
- Project Notion Page
- Pitch Deck
- Roadmap
- Website
- Socials
Poll
It’s a Governator poll in Discord, in the #polls channel!