Funding Template Outline
Authors; Editors: HiroKennellyᵍᵐ🏴#0001; Trewkat#1933
Date created: 4/6/23
Date posted: 4/7/23
Wallet surplus: n/a
Funds requested: TBD end of Season
Multisig: 0xe7636c7ef670a3Bcf772D9d57244c9e88aD90437
Multisig signers: nonsensetwice#3475, HiroKennellyᵍᵐ🏴#0001; Trewkat#1933, AustinFoss (UTC-7)#7340, tomahawk 
#3011, anointingthompson1.eth:eagle:#0900, WinVerse#2755
Table of Contents
SUMMARY
MISSION & VALUE ALIGNMENT
FINANCIAL IMPLICATIONS
GUILD MEMBERS
LINKS
NEXT STEPS
SUMMARY
Guild Description
The Writers Guild was the first guild to be established in the DAO, and it continues to provide a home for web3 writers to upskill their writing and contribute to the DAO’s five newsletters and/or Bankless Publishing. Some Writers Guild members are also active as writers or editors in other teams throughout the DAO, collaborating on projects where clear written communication is needed.
Past Activities
During Season 7, the Writers Guild focused on education for current members through live editing sessions, fun writing challenges, a dedicated learning channel and Notion page, and the seasonal Writers Cohort. Onboarding new talent to our related projects has been an important goal, including work on a new project, tentatively titled the Web3 Wayfinder. As always, we work to further refine our governance practices and documentation.
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The Office of Talent Management focused on onboarding new members to our Guild and projects, nurturing the growth of existing contributors, and maintaining and promoting positive vibes throughout the Guild.
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Marketing continued its regular cadence of tweets for all five newsletters, writing tweet threads for our articles, and producing the Weekly Rollup Recap, a visual recap of the Weekly Rollup newsletter.
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Governance continued moving forward with refinement of the Writers Guild Governance Framework, including updating guidelines for multisig signers and role tag management.
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The Education Coordinator held a weekly live editing session for Guild members and others to watch our editors in action, refining contributors’ skills along the way. The recordings have been added to Notion and can be accessed by all DAO members.
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To help BanklessDAO members gain confidence in writing and publishing, we continued our partnership with Taptive to run a cohort-based writing program. This program is designed to improve writing, grow members’ online reputation, and strengthen the relationship between members. For Cohort 4, we’ve created a streamlined pathway for publication of suitable pieces on Bankless Publishing.
MISSION & VALUE ALIGNMENT
The Writers Guild is strongly aligned to the DAO’s core mission: creating user-friendly onramps to help people learn about the transformative power of decentralized financial technologies and the broader web3 ecosystem. In service of that mission, the Guild talent pool supports the production of five newsletters and Bankless Publishing, whose teams work together to ship more than 50 newsletters and articles each season.
FINANCIAL IMPLICATIONS
Season 8 Guild Funding = 16*(21000 + 770*50) = 952,000 (as of April 7, 2023 - will update at the end of Season 7).
Budget Breakdown
This budget is based on a 16-week season, including gap-week compensation and is reflective of current active contributor counts as of April 7, 2023. We will update this budget at the end of Season 7.
| Roles | RemunerationAmount | Bounty Pool | Total |
|---|---|---|---|
| Guild Coordinator | 112,000 | 12,000 BANK | 124,000 BANK |
| Talent Scout | 112,000 | 15,000 BANK | 127,000 BANK |
| Education Coordinator | 112,000 | 10,000 BANK | 122,000 BANK |
| Treasurer | 112,000 | 5,000 BANK | 117,000 BANK |
| Marketing Coordinator | 112,000 | 15,000 BANK | 127,000 BANK |
| Governance Coordinator | 112,000 | 12,000 BANK | 124,000 BANK |
| Notion Admin | 16,000 BANK | - | 16,000 BANK |
| Writers Workshop Lead | 140,000 BANK | - | 140,000 BANK |
| Guild Bounty Pool for projects, ad hoc bounties, and contributor rewards. | 55,000 BANK | 55,000 BANK | |
| Total Budget Request | 952,000 BANK |
Current Holdings
The Guild’s current surplus is partly carryover from prior seasons and partly revenue from associated project sponsorships. There are still payments to make for the remainder of Season 7, including a potential Coordinape round for active members. We will use these existing funds to support proto-projects before asking for GC funds, as we continue to operate as an independent, self sovereign organizational unit within the DAO.
GUILD MEMBERS
Active membership count is 50 as of April 7, 2023. Will update at the end of Season 7.
An active member is defined as anyone who has earned a bounty in the Writers Guild or in a related project during the season. Related projects are Newsletters and Bankless Publishing.
LINKS
NEXT STEPS
Writers Guild will continue to progress ‘For Words’ into Season 8. New members are always welcome and can hop into any of the four weekly meetings to introduce themselves and start writing.
