[Approved] NxM DAO Marketing Funding - May 2022

Hello @Dacha

NxM Guild’s mission is to help support creative musicians worldwide and build a robust music ecosystem for all interested users within the NEAR Protocol. The NxM aims to be a vertical DAO for communities affiliated with music in the long run.
I believe that our YouTube Channel is the best example of connecting various music DAOs into one place such as BeatDAO, SvaraDAO, and individual musicians, yet more come there.

Regarding the problem that is being solved - the creatives can receive a grant for their music project, as studio costs are very often quite expensive, moreover, our community members can receive a grant for their event, both virtual and in real life. Events in real life have strong onboarding fundaments, as people are able to hear about NxM and NEAR, and see by themselves what’s happening here.

Billions of users won’t come soon, there are way too many variables at the moment, and also most people yet don’t see the potential of decentralization, and its value.
It’s a long process that has already started.


Our roadmap was divided into short-term goals and long-term goals.

The short-term goals are the following:

  • NxM Social Media Team creation COMPLETED
  • Onboarding new council into NxM COMPLETED
  • Partnership with Tamago COMPLETED
  • New funding guidelines for Events and Music Projects COMPLETED
  • Entrance into DeFi Ongoing
  • Collaboration and Partnership with UniqArt Ongoing
  • Dev onboarding Not started yet

The long-term goals are the following:

  • Website establishment Not started yet
  • Tokenomics creation Not started yet
  • More partnerships

Please be aware that the long-term goals are not the final ones.

Cheers!

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