Executive Summary

The contributors hereby present the Season 5 (1 July - 30 September 2023) Proposal to 8DAO members.

Season 5 Strategic Goal

“Enhance Treasury Economics”

In season 5, the Executive Committee has agreed to continue Season 4’s strategic goal of “Enhance Treasury Economics”. The purpose is to establish a sustainable financial mechanism for 8DAO. We expect the bear market will last for an extended period of time, and a closer look at our costs and cash position is a prudent arrangement. 3 main points:

1. Continue to be cautious with expenditure. Cut all unnecessary costs as much as possible
2. Finding a web3 revenue model in the bear market is difficult. The team will be realistic about this when it comes to initiative planning
3. Be cautious with investment risk and adopt a more conservative approach

Season 5 Core Contributing Team

Season 5 Proposed Activities and Budget

Unit 1: Coordination Lead

Objectives:

1. Cost control. Ensure a healthy runway
2. Focus on DAO builder initiative, FrenArt and NFT fund
3. Venture Studio initiative: Explore various kinds of partnerships, building 8DAO brand and ecosystem

Budget:

25K 8DAO, 15K USDC

KPI:

1. Participate in other DAO governance through materials creation and voting delegation. ApeCoin DAO and Moca DAO are the two main DAO the team is trying to build. Establish the delegate, analyze and participate in 5 proposal votings
2. Launch of NFT fund

Review of Season 4 KPIs

Unit 2: Incubation Lead

Objectives:

1. Provide thought leadership on DAO related matters
2. Provide analysis on MocaDAO proposals and significant ApeCoin DAO proposals
3. Become an active community member and delegate in MocaDAO

Budget:

Nil

KPI:

1. Receive delegation of at least 20 Mocas in MocaDAO
2. Write 6 twitter threads (2 per mth) and 3 articles (1 per mth) regarding DAOs in general, MIPs or AIPs.Sample: https://twitter.com/8DAO8DAO/status/1669922608597590016

Review of KPI from season 4:

Unit 3: Treasury Lead

Objectives:

1. Seeking collaboration opportunities with HK CyberPort for web3 events and government programmes

2. NFT fund 2 operation

Budget:

5K 8DAO, 7K USDC

KPI:

1. Collaborate at least one for web3 events or government programmes with HK Cyberport

2. NFT fund 2 operation setup & updates for investor

Review of Season 4 KPIs

Unit 4: Community Operations

Objectives:

1 .Facilitate Community events and initiatives to boost community engagement

2. Design and production of different types of quality merch for members

3. Support member registration

4. Support member website

Budget:
1K USDC

Review of Season 4 KPIs

Unit 5: Creative Lead

Objectives:

1. Strengthen the 8DAO brand identity.

2. Provide creative strategy for FrenArt and DAO builder initiatives

Budget:
800 USDC

KPI:

1. Increase 8DAO twitter followers to 6.5k

2. Hold 2 Twitter spaces for 8DAO / FrenArt

Review of Season 4 KPIs

link 1 / link 2 / link 3 / link 4 / link to details 5

Unit 6: Event Lead

Objectives:

1. Explore revenue streams, working with other leads on DAO builder initiative

2. Craft and submit proposals to other DAOs and earn revenue for 8DAO treasury

Budget:
30K 8DAO, 15K USDC

KPI:
1. Submit at least 2 proposals in other DAOs
2. Pass at least one proposal and receive payment from another DAO
3. Arrange and hold at least 2 events or some other initiatives, at least one of them gets paid.

Review of Season 4 KPIs

Unit 7: Japan Lead

Objectives:

1. To increase awareness within the Japanese community by supporting the local events

2. To increase the number of Japanese members

3. Expand and establish the structure of the team in Japan

4. Execute 1 community driven initiative in Japan

5. To assign 1 contributor from JPN community

Budget:
USDC: 8K (Event Sponsor x 2, expense,community driven initiative)8DAO: 3K (Contributor from May)

KPI:

1. To reach 300 people related to NFTs in Japan

2. At least 12 new members to join from JPN

3. Grow Japan contributor team by 1

4. Execute 1 community driven initiative in Japan

Review of Season 4 KPIs

Unit 8: Strategy Lead

Objectives: 

Advice on overall DAO strategy, community, social, events and partnership opportunities. Framework on KPI setting and governance.

Budget: 

-

KPI: 

1. 1-2 one-on-one sessions with each leads and contributors per season

2. Help host Twitter spaces and in person events

Review of Season 4 KPIs

Consolidated 8DAO KPI

1. Participate in other DAO governance through materials creation and voting delegation. ApeCoin DAO and Moca DAO are the two main DAO the team is trying to build. Establish the delegate, analyze and participate in 5 proposal votings

2. Launch of NFT fund

3. Receive delegation of at least 20 Mocas in MocaDAO

4. Write 6 twitter threads (2 per mth) and 3 articles (1 per mth) regarding DAOs in general, MIPs or AIPs.

5. Collaborate at least one for web3 events or government programmes with HK Cyberport

6. NFT fund 2 operation setup & updates for investor

7. Increase 8DAO twitter followers to 6.5k

8. Hold 2 Twitter spaces for 8DAO / FrenArt

9. Submit at least 2 proposals in other DAOs

10. Pass at least one proposal and receive payment from another DAO

11. Arrange and hold at least 2 events or some other initiatives, at least one of them gets paid.

12. To reach 300 people related to NFTs in Japan

13. At least 12 new members to join from JPN

14. Grow Japan contributor team by 1

15. Execute 1 community driven initiative in Japan

16. 1-2 one-on-one sessions with each leads and contributors per season

17. Help host Twitter spaces and in person events

Consolidated Season 5 Budget

Contributor Compensation Rates
Level 1: $55/hour Lead Contributor
Level 2: $40/hour Senior Contributor
Level 3: $25/hour Contributor
Level 4: $15/hour Basic Contributor

*Up to 30% compensation in USDC, the rest in 8DAO
*1.2x multiple for 8DAO token compensation.