Title: Outbound Grants Squad Proposal
Read the conversation: Discord
Date: Aug 22
We propose the methods of action and remuneration of the Outbound Grants Squad Proposal
BanklessDAO is a forge of inventiveness, whose application space often goes beyond the boundaries of DAO itself. Many of the initiatives promoted by the DAO, as well as many of the projects approved by the members, could have an important positive influence throughout the crypto sphere, mainly in relation to DAOs and NFTs. Consequently, there are valid and real reasons to apply for external grants from the DAO that facilitate the implementation of these initiatives and projects. The Outbound Grants Squad takes care of the research and application of available grants.
The mission of the Outbound Grands Squad is to facilitate BanklessDAO’s mission in building educational and innovative tools to facilitate the entry into crypto of as many people as possible and help them “gobankless”.
The Outbound Grants Squad will operate following these points:
constant research of available grants
coordination with the DAO Treasury and with the Grants Committee for the verification of grants needs by DAO initiatives and projects
contact, if possible, with the managers of the most interesting grants to verify the best ways of proposing requests
Composition and submission of grant applications The Outbound Grants Squad will never directly or indirectly manage the funds received. The funds will be entirely allocated to the requesting initiatives or projects.
The Outbound Grants Squad receives no salary. In the event that the performance of the task requires expenses, the Squad will report directly to the Treasury and the Grants Committee. In case of success in the grant application, the Squad will receive 5% of the amount, in one of the following forms:
· In the event that the initiative or project receives the grant in the form of the original token, 5% will be distributed to the Squad in BANK token
· In the event that the initiative or project wishes to receive the grant in BANK, 5% will be distributed to the Squad in BANK or in the grant token, at the choice of the Squad
This 5% will be allocated in the budget of the following Season and paid in the first days of the new Season.
The remuneration received will be divided among the proponents of the single approved application.
The Outbound Grants Squad acts in the name and on behalf of BanklessDAO and represents BanklessDAO in all locations in which it acts by researching grants for the DAO:
The metrics for determining whether or not the team is successful are based on the ability to earn grants. At the end of each Season it will be possible to check the results obtained, comparing them with those of the previous Seasons in order to decide on any changes to the Squad and to the terms of action.
The Squad is already established and has its own channel in the DAO. As soon as the proposal is accepted, the Squad will begin coordinating with the Treasury and Grants Committee to assess needs and prioritize research.
Grendel is a core member of BanklessDAO and a founding member of the Outbound Grants Squad
- I approve the proposal
- I reject the proposal