Proposal: BanklessDAO Bounty Board

Project: BanklessDAO Bounty Board

Champion: Icedcool

Date: November 1st, 2021

Multisig: https://gnosis-safe.io/app/#/safes/0x8a3dAE25C39B114a0B86E4e7900cB3C29BD8F637

Summary

The bounty board is working to be a major infrastructural component of DAO’s and BanklessDAO, supporting and enabling the coordination of explicit work to labor in an efficient and automated way that allows DAO groups, members and guilds to set work requests in the form of bounties.

We see this functionality expanding to be the HR layer of DAOs, enabling role and project based payment over time, and other functions.

We are working towards the next versions of the Bounty board, while engaging interested parties, collecting feedback and fleshing out front end capabilities.

S1 Accomplishments:

  • Season 1 Bounties:
    • 35
  • Total Bank allocated to Season 1 Bounties:
    • 67,172 BANK
  • DAO’s Interested
  • Functionality
    • Deployment and Launch!
    • Front End
      • Chakra UI
      • Forms
      • Filters
      • Search
    • Backend
    • Degen functionality
      • Create
      • List
      • Claim
      • Submit work (claimer)
      • Complete bounty (creator)
    • Payment based on tipping (social layer) at this MVP

Season 2 Roadmap Plans

  • Front end
    • Discord integration(OAuth)
    • Bounty Creation and Management Process
      • Draft
      • Create
      • Claim
      • Submit
      • Complete
  • Back end
    • Multi-Tenancy
    • Role/Guild integration
      • Bounties tied to Guilds(roles)
      • Bounties to Guild Bounty Channels
  • Automate Payment
    • Escrow Smart Contract
      • L1
      • L2
  • Deployment
    • FWB
    • CityDAO
    • DivineDAO
    • BitDAO
    • Build_
    • Partnr (if ready)

Future short term releases we plan to:

  • Content Gateway integration
  • Mobile App integration
  • DAO Dash integration
    • Detailed analytics
  • Front end
    • Dashboard
    • Administration Panel
  • Increase Adoption
    • Assess usage at the DAO
    • Address friction points

Longer term releases:

  • Integrated dispute resolution with the BanklessDAO Ombuds
  • Coordinape integration
    • Bounty Converts to Coordinape
      • Multi-user claiming into a Coordinape
    • Coordinape creates bounties
      • This allows integration into Guild and Project Multisigs.
      • Dynamic Bounty funding allocation
  • Long Term Roles and Project based compensation
    • Monthly Disbursement for Role or Project involvement

Financial:

Revenue Model:

BanklessDAO Bounty Board will start to engage investors into the later half of Season 2. We are planning to flesh out our funding model and are planning to act in accordance with the larger DAO orientation towards project investment.

  • Revenue Model 1 - Accrual to BANK
    • In this model, all investment would move to the BanklessDAO Treasury to back BANK.
  • Revenue Model 2 - Percentage split
    • In this model, investment would be split between the project and the DAO.
      • 80/20 Split - 80% to project, 20% to DAO
        • This would enable the project to pay members primarily through the investment.
      • 50/50 Split - 50% to Project, 50% to DAO
        • This would enable the project to pay members partially through investment and partially through BANK tokens.

Request:

Compensation for:

  • Work being done and to be done.

Work to be done:

BB has oriented towards role based compensation as follows:

Positions and payment

Bounty pool justification:

The Bounty Board project is onboarding devs by giving them bounties to assess their fit on the team, the quality of the work and commitment, and subsequently creating a role for them.

Bank Requested: 1,021,000

Previous funding got us through the first 2 weeks of October.

SUCCESS METRICS OR KPIS

  • Adoption at BanklessDAO
    • Have 250,000 BANK worth of bounties have been completed on the Bounty Board by 12/31/21.
  • Adoption at external DAO’s
    • At least 50 Bounties per DAO having been completed by 12/31/21
  • Implementation at 10 DAO’s
    • FWB
    • CityDAO
    • DivineDAO
    • BitDAO
    • Build_
    • Partnr (if ready)
    • TBD
    • TBD
    • TBD
    • TBD
  • Approve Funding
  • Deny Funding

0 voters

1 Like

Excellent work on BB and the proposal. I would like to see a “pitch” phase added between create and claim so creators have a variable length pitching phase.

2 Likes

At Coordinape we have been looking at using:
Postgres + Hasura + https://gqty.dev
For a backend rewrite

I’m anticipating that the iteration speed will be awesome

1 Like

Thank you!
I’ll message you on the ‘pitch’ phase idea.

Fully support. This project is a game changer and I am looking forward to seeing its use expand. The DGEN x DAO Dash integration will be :fire: BanklessDAO is taking over!

1 Like

Wonderful application and sound road map. Funding request sounds reasonable too. Thanks!

1 Like