CREATIVES DAO MONTHLY FUNDING REQUEST
DAO Council Members: @chloe / @bianca / @mecsbecs
Total Requested Funding Amount: $1500 USD (distributed in $NEAR)
Projects & Timelines:
The marmaj Foundation also supports various other initiatives:
Previous Months Budgets/Retrospectives
Awesome! Just curious how NFTs are chosen to be purchased?
Long story short, the “marmaj community” will select the NFTs that will be purchased by submitting proposals on the forums.
Proposals will be submitted to the marmaj DAO from community members that want their NFTs considered for purchase. We have been testing the purchase of NFTs through our DAO, but have run into some issues (exceeds gas errors b/c mintbase marketplace seems to require more than the call can accept) cc @microchipgnu.
If the DAO council agrees that the NFT is eligible (eligibility requirements are simply that the NFT was minted by a creative guild member and the purchase price is “reasonable”) they will vote “yes” on the proposal. This will prompt the DAO council to either withdraw the funds to purchase the NFT manually, or to submit a “multi-call”.
We will be working with @Chluff (and partner) to hopefully expand the multi-call contracts to support calls to mintbase.io (currently has been tested and works well with calls to ref.finance). This will allow the DAO to purchase NFTs automatically from a DAO proposal without having to worry about gas limits (as much).
You’ve been APPROVED! Please feel free to submit a payout for $1500 USD in NEAR to the Creatives DAO