[APPROVED] VR DAO August Funding Request

Project Name: VR DAO

Project Status: [ in progress ]

Project members:

frnvpr.near @frnvpr

samiasns.near @Samiasns

jmm.near @JulianaM

microchipgnu.near @microchipgnu

naturalwarp.near @Natural-Warp

Target Address: vr-dao.sputnikdao.near

Project Accounting: current account balance 476 NEAR**

** This amount will function as a buffer for the VR DAO’s activities.

Funding Period: August

Requested amount: 2000 NEAR

Updated Project Timeline:

After the May Hackathon the VR DAO took awhile to find its footing, but now there are more council members and a more balanced structure, which will help move the VR DAO forward and with that, the community will benefit.

We are implementing bounties, re-engaging with the community and preparing the August Hackathon.

In order to carry out the actions we planned for this DAO and achieve the goals proposed for the month of August, we request funding for the following activities:

  • Council work

5 x 70N = 350N

  • Permanent bounty to extract feedback from the community

20 x 3N = 60N

  • Hackathon bounties and activities

600N

  • Funds to support the community ongoing proposals

990N

note1: There are currently fund requests being made by the community that exceeds the VR DAO budget; we are asking for the requests to be parceled monthly, so it is expected this request is enough for the month of August and the limit of 2000N per DAO is respected.

note2: For the month of August the VR DAO already supported Incubadora DAO with 832N; that amount was attributed with the funds that were left from the May Hackathon, so even though they are to be spent by Incubadora DAO during the month of August, they are not part of this month’s funds request.

note 3: Between August and September the VR DAO is expected to support the POLIEDRO residency with 900N; that amount will be part of the August-September Incubadora DAO fund request, and it is advisable for the VR DAO to have some margin on its requests to the Creatives DAO, so that other proposals are not left without funding.

Total amount requested = 2000N

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The Creatives DAO council is excited and ready for VR DAO to take off again starting this month. To really draw in more VR projects to the DAO, we are willing to give you the full working maximum monthly budget amount and are looking forward to seeing more VR project collaborations in addition to the POLIEDRO residency on deck/in progress in the coming month.

Thank you for these notes also for our reference. I’ll be messaging through the VR DAO Telegram group separately to see how we can coordinate additional support and planning through semi-regular syncs with the council to get you even more firmly on your feet.

You can proceed with posting your 2,000 NEAR payout proposal to the Creatives SputnikDAO linking to this Forum post.

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