[Approved] partnership with Metagov to coordinate Governance Challenge

Summary

Metagov will plan and run NEAR’s governance challenge, focusing on DAOs in the NEAR community and featuring educational content, training materials, judging, and research design.

Full Proposal

Team:

NEAR point of contact: James Waugh

  1. Lead: Joshua Tan @ Oxford + Stanford
  2. Primavera De Filippi @ CNRS + Harvard
  3. Nathan Schneider @ University of Colorado Boulder
  4. Amy Zhang @ University of Washington

Previous conferences and hackathons organized by Metagov’s team:

  1. BITS City Hackathon @ MIT
  2. Applied Category Theory 2018 @ Leiden
  3. The building blocks of Web 3.0 @ Harvard
  4. Smaller events at RadicalXChange 2020 and Mozfest 2021

Potential ROI for NEAR Ecosystem:

The main goal of this challenge is to run experiments with DAOs on NEAR. We are considering how participants could earn rewards by launching Sputnik DAO councils to solve real problems. I believe this effort will grow the number of active NEAR users and help us connect with open web developers. Furthermore, it can lead to research on the subject of DAO interoperability.

We intend to build on the momentum of Open Web Collective Demo Day (April 12-14) and the Open Web Conference (April 15). This challenge would start Friday, April 16, and it would conclude at a later date. Participants can learn more about opportunities in our ecosystem, including DAOs, Guilds, Bounties, Grants, etc. Overall, by exploring decentralized governance, we may evolve this Community Fund to be more impactful.

Amount: $10,000

Community Council Poll
  • Yes
  • No
  • Abstain

0 voters

Open Community Poll (min trust_level_1 required)
  • Yes
  • No
  • Abstain

0 voters

Voting and quorum* thresholds:

<$2K - 1X Yes - no min quorum
$2-10K - 2X Yes - no min quorum
$10-30K - 3X Yes - min quorum 4 of 7 - 4X members should vote in either direction
Above $30K requires Erik or Illia’s additional approval (Head of NF/Chairman of NFC)
Above $100K requires NEAR Foundation Council approval

*quorum defined as lowest number of member votes needed for the decision to be valid

3 Likes

would like to see a high level breakdown of how do they plan to utilized the funding.

overall I’m in support of this initiative.

2 Likes

Awesome experiment! Looking forward to seeing how this goes.

Side note: I love Primavera De Filippi’s Plantoids, we had one in our office for a while :slight_smile:

1 Like

Hey Amos, here’s the high-level breakdown (there’s a copy of it at the bottom of the full proposal):

Budget: $10,000 USD

  • $2,000 for project management, organization
  • $3,000 for event content, event programming, marketing support
  • $3,000 for consulting, software tooling, research design
  • $2,000 for event speakers, mentorship

Cheers,
Josh

3 Likes

@jlwaugh Awesome initiative. Would it be possible to update the dates?