[Announcement + results] Marketing DAO February Funding BOS Proposal Process + Timeline

Dear Community!

During the January’s 2024 submission period , the Marketing (Ecosystem) DAO team received (including proposals postponed from the previous month):

  • 12 proposals
  • Total amount requested: $59 429
Proposal $ Requested Link
NearMexico @ETHcincodemayo Hackahton $6,300.00 Marketing DAO by ndcdev.near on BOS
Near Insider - January 2024 $2,000.00 [Rejected] Near Insider - Marketing Growth | January 2024
Near Web3wave Lagos $4,400.00 Marketing DAO by ndcdev.near on BOS
ReggaeDAO January 2024 $2,200.00 [Rejected] reggaedao marketing Jenuary/2024
Mental Maze $5,000.00 [Approved] Mental Maze Marketing and Community Activities for February
Chatafisha $3,000.00 Marketing DAO by ndcdev.near on BOS
Shitzu Community $5,000.00 Marketing DAO by ndcdev.near on BOS
NEKO Morning Show $5,400.00 Marketing DAO by ndcdev.near on BOS
Near at Night $4,128.00 Marketing DAO by ndcdev.near on BOS
Joyage Kingdom $5,000.00 Marketing DAO by ndcdev.near on BOS
[Proposal] DiscoverBOS The B.O.S reference from Resources to Marketing - Jan 2024 $7,000.00 [Approved] DiscoverBOS The B.O.S reference from Resources to Marketing - Jan 2024
Myosin Public Relations & Marketing Proposal [Funding Requested for February to April 2023] $10,000.00 Marketing DAO by ndcdev.near on BOS

MDAO approved the funding request to the House of Merit, CoA and NDC trust:

MARKETING DAO request
Description Link Amount
Marketing DAO grants for Near Founders and ECO influencers
Chatafisha Marketing DAO by ndcdev.near on BOS $3,000.00
NEKO Morning Show Marketing DAO by ndcdev.near on BOS $5,400.00
Near at Night Marketing DAO by ndcdev.near on BOS $4,128.00
Joyage Kingdom Marketing DAO by ndcdev.near on BOS $5,000.00
[Proposal] DiscoverBOS The B.O.S reference from Resources to Marketing - Jan 2024 [Approved] DiscoverBOS The B.O.S reference from Resources to Marketing - Jan 2024 $4,000.00
MDAO x Near Founders support
Myosin Public Relations & Marketing Proposal [Funding Requested for February to April 2023] Marketing DAO by ndcdev.near on BOS $10,000.00
MDAO operations
Renumeration (1) [Report] Marketing DAO Council Report | so608 $2,500.00
Renumeration (1) [Report] Marketing DAO Council activities - johanga $2,500.00
Renumeration (1) [Report] Marketing DAO Council activities - cryptocredit $2,500.00
Advisor (1) [Report] MDAO Advisor January Report $1,500.00
Total: $40,528.00

The requested amount is $35,000 according to suggested hard caps for Grassroots DAOs. Rest funds will be covered by the MDAO treasure.

We recommend applying for a grant to DevHub:

  1. [Rejected] Feb 2023 NearMexico @ETHcincodemayo Hackahton Marketing campaign

  2. Near Web3wave Lagos Marketing DAO by ndcdev.near on BOS

We recommend participating in Marketing DAO content creators’ bounty program:

  1. [Rejected] Near Insider - Marketing Growth | January 2024

Timeline for payments:

  1. 2nd - 7th of January: Applicants submit proposals on the BOS page
  2. 8th - 12th: Review and feedback by Councils
    MDAO Councils thoroughly assess proposals, actively provide feedback and make decisions on proposal support or rejection, publicly posted.
  • Proposal Decision: The proposal passes or is rejected based on a minimum threshold aligned with 51% of votes from MDAO governance members.
  • Proposal Approved/Rejected: A proposal receiving 51% or more positive feedback is marked as approved [Approved]. Rejected proposals can be revised and resubmitted in the next month.
  • Closed Proposals: MDAO Councils can close [Closed] proposals for various reasons. Please request to provide feedback.
  1. 12th - 13th: Budget Compilation and Submission. MDAO Council members compile the final budget for NDC and submit funding request to the House of Merit.
  2. 13th - 17th: HOM Review and Voting.House of Merit members review and vote on funding requests, providing feedback to Grassroots DAOs and applicants.
  3. 17th - 23rd: CoA Review and Voting. Council of Advisors reviews and votes on funding requests. Once approved, Grassroots DAOs initiate a transfer to NDC Trust. * Currently, HoM and CoA are considering changes to speed up the step. You can find the draft here: MEMO - Google Docs
  4. NDC Trustees Transaction: NDC Trustees execute the transaction if expenses align with the Trust’s objectives.
  5. Post-Transfer Execution: Payments are disbursed to Grassroots DAO wallets and then to approved applicants who completed KYC/KYB. KYC/KYB procedures are determined by the House of Merit.
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