hey!
happy to collab on this, even if different guidelines are being created with NF, it’s always positive to try and look for consensus, maybe this topic can be used to discuss different opinions on an hipothetical level. That might free up people to discuss without worrying about consequences.
About your suggestions, they encapsulate what has been considered ‘good practices’ so far, even if some of those things were not written everywhere.
I generally agree with those guidelines, however there are a couple of things I want to suggest.
First, that you consider applying a more ‘project-based’ view, instead of a ‘monthly-based’ continuum. I am pretty sure that as metrics become more important in deciding the flow of money, having a system in which DAOs are incentivized to fill a 5k cap will be rejected and a system in which DAOs are incentivized to create better projects will prevail.
Second, that you consider that one of the goals of NF is to incentivize existing projects, the bigger the better, to join our community, and that a path for those kind of entities must exist and be clear.
Therefore, there can’t be only 1 way into the community, but many, and there relies the issue we collectively have to answer. Guidelines must be flexible enough to allow diferent paths, but strict enought to increase positive output.
A note on moderators/council: I am not sure what will happen after talks with NF, but I do feel that a dedicated team is much more efficient than a council of DAOs (which is more interesting for other kind of decision making topics, such as global vision). The current system as historical reasons to exist (and they can be traced back, happy to explain to those who wan’t to know), but might be completely changed. If NF is able to set up a team that manages to be both fair and experienced, and more importantly, a team that has a direct communication channel with NF, that might be the best solution for now.
This would mean a lot of the guidelines expressed here would become obsolete. Either way, why not ask the community to present their prefered system in this topic, knowing it’s just a friendly chat?
My opinion about performance metrics:
preamble: the verticals exist in conjunction with other forms of financial support, such as Mintbase grants (10k and upwards), NF grants (10k and upwards) etc. The verticals ceiling touches these grants floor, therefore the only reasonable way of going over the cap is applying to one of these grants.
I won’t comment on metrics alone, because imho that must be submitted to some kind of funding tier; 5k for every DAO makes DAOs indistinguishable and metrics impossible to implement; therefore, some kind of tier system must exist in order to better apply metrics. this would make this community healthier, as clarity and clear goals is what makes people push harder.
Rules of engagement:
- DAOs must exist on-chain
- DAOs must have on-chain payments
- DAOs must operate as organizations, and not projects-within-organizations (that is, if an organization grows and needs more than the Creatives DAO cap, must consider GRANTs in order to continue growing, instead of deploying more DAOs)
- DAOs must spend most of their funds (%) on web3 projects and to attract more people to web3 and the NEAR ecosystem; the goal is to bring those people in, not just show them what we do. Metrics will be very important here.
- DAOs can only spend a small (%) of their funds on non-web3 projects, and this will be, most of the times, money spent to create community engagement; a small dissipation of funds occurs due to the difficulty in on-boarding normies, i.e. sometimes it’s necessary to spend pizza money in order to get people’s attention
- DAOs must either use web3 platforms (like mintbase, 3xr, re.finance, metapool, paras, nearhubs, etc)
- or create their own
- DAOs must understand the several grants programs and respect the Creatives DAO cap.
I would say this covers a lot of basics and some of these have created problems in the past (lack of clarity).
Concluding, I think we need guidelines like the ones you proposed, adapted to the new reality, but also clarity on what rules of engagement are. Plus, metrics associated with $ values, giving DAOs something to aim for.
Thanks for creating the platform for the discussion 