[Report] Creatives Constellation Trustee - William X

Creatives Creatives DAO
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Council/Trustee Report - William X [December & Wrapped 2023]

December, the last month of the year, went though with many important updates regarding Creatives DAO’s next steps. I’m writing this report together with some reflection of our journey through 2023.

December contribution

  • Funding review: CDAO opened its funding found for December before the “interim period” of the NDC V1, the proposal is now sent to HOM for reviewing, consulted by NDC Trustees.

  • Charter revise: An updated version of Creatives DAO charter has been published with the request for NDV V1, some changes in a nutshell:

    • Creatives DAO support individual proposal, as long as it follows V1 priorities, with clear KPIs & eshtablished background to ensure the success of the propsal. (Case by case decision)
    • Cancel 100% upfront funding since V1 goes live => Milestone based funding goes live (Unlock funding based on report)
    • Reduced council salary by 25%

  • Creatives DAO V1 Charter

  • Creatives DAO Proposal for NDC V1: Sub Cat HOM-004P-1-1-1 Ecosystem

  • Welcome 2 new advisors: We’re thrilled to welcome 2 new advisors to Creatives DAO BOM: @vandal and @MALAMAYA. They play an important role in advising CDAO in strategic moves in V1, namely effective fund management, strategic partnership, posibilities in tech solutions for community governance and expanding advisory.
    Open call: [Finished] CDAO Advisors

  • Keep udating on ETH Milan: [REPORT] ETH Milan <> CDAO

  • Produce Yearly Report: [Wrapped 2023] CreativesDAO Yearly Report

Personal Reflection: Top Notes on 2023 Journey

In short, some highlights of Creatives DAO key changes could be named as:

  • March: Resumed funding with new metric scores & clearer funding guidelines
  • May: Introduced V0 Charter, established the Trust and transitioned funding to NDC V0
  • Sep/Oct/Nov: Partnership and coverage at NEAR APAC/ETH Milan/NEARCON. Notice of councilship change, legal work to update the trust deed. Transparency report for ETH Milan. Worked with NDC congress
  • Dec: Introduced V1 Charter, changed funding practice to milestones based, revised budget and onboarding advisors

Key messages:

  • After more than two years of contributing to the NEAR ecosystem, I recognize that while we collaborate based on trust, a robust governance structure should be implemented to safeguard the treasury and uphold integrity. I’m happy to witness the introduction of the NDC trust and congresses, even many more need to be done to streamline (or at least standardise) the funding experience. Creatives DAO is not out of the concept, our funding practices have evolved continuously, evident from the improvements observed between 2022 and 2023.

  • The practice of forming ad hoc groups solely to seek funding should be discouraged. Community remains the cornerstone of our endeavors, but equal emphasis should be placed on onboarding established communities and supporting existing NEAR-based communities operated over the past two years (not all of them, the reports say it all).

  • It’s still early for a creative economy, but not too far off. The vision of mass crypto adoption, chain agnosticism, and the next bull run is a great opportunity for the creative community. NEAR Foundation has done a great job by securing top-notch partnerships that have led to a surge in DAU/MAU. They didn’t introduce NEAR by organizing workshops or showing the audience how to mint NFTs step by step. ‘Creative solutions’ rooted in the products themselves are key. Bringing one right solution with the right partner, without the need for “blockchain literacy”, could contribute significantly to the growth of the ecosystem. Can we do that in 2024?

Last but not least, It has been a year with downs and UPs (yes, it is). Personally, I want to express my deepest gratitude to everyone who was there with me, community members & leaders, other stakeholders of the ecosystem who worked with me on different projects and levels, who chatted with me, talked to me, met me. We created each other’s 2023 with full of experience, either good or not so good, I learned so much from you! Thank you!

Merry Christmas and Happy New Year!

Stay NEAR, Stay Creatives!

William X

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