Hello Everyone!
I am presenting this June proposal to the House of Merit & NDC on behalf of Globe DAO. This marks the final proposal to NDC following the Enforcer’s announcement about NDC Sunset. However, we have been actively working on transitioning Globe DAO accordingly. It’s important to note that June will pose challenges for our regional communities. Due to this uncertainty, we are not sure about the future financial support. Therefore, in June, we are halting all experiments with NEW and LOW TIER communities (Tier D & Tier E). However, e will focus on supporting our top-performing communities during this period.
- Check our CHARTER (Under KPI & Funding Section) to see our KPIs and Tiers.
Near Digital Collective Core Values:
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Empowering the ecosystem (for people by people)
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Respected by the ecosystem (fair, accountable, transparent, and reliable)
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Dedicated to ideas of decentralization (antifragile, scalable, with collective decision-making)
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Efficient operation (don’t be a burden; instead, help the Community to be more efficient)
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Continuous improvement via weekly iterations (plan, measure results, and adjust continuously)
To evaluate the results, following metrics will be used for tracking individual initiatives’ performance by GLOBE DAO. All the metrics must be attributable to the relevant project/initiative through on-chain activity and off-chain reporting, ensuring GDPR compliance and preserving privacy:
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Accounts retention after 1/2/4/8 weeks — the percentage of accounts who continue interacting on the chain over a given time period (higher is better)
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Account acquisition cost — budget divided by the number of accounts interacting through the funded initiative (lower is better)
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Median number of dApps used by P95 accounts retained for 1+ week (higher is better)
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Number of accounts retained for 1+ week using at least three dApps (higher is better)
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Social engagement score — some compound metric of the number of posts, likes, and followers/views in social media produced by the users.
For May 2024, the Globe DAO received:
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13 Proposals
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Total amount requested (including council’s remuneration): $37,400
Submission Period : 2 May - 8 May
List of Proposals
| Community | Proposal LINK | Requested Amount |
|---|---|---|
| Near Korea | [APPROVED] NEAR Korea DAO June 2024 | $4000 |
| Near Vietnam | [APPROVED]: NEAR Vietnam June 2024 | $4000 |
| Near Indonesia | [APPROVED]: NEAR Indonesia June 2024 | $4000 |
| Near ES | [APPROVED] NEAR ES June 2024 | $3200 |
| Near Pakistan | [REJECTED] NEAR Pakistan June 2024 | $3200 |
| Near Colombia | [REJECTED] NEAR Colombia June 2024 | $1300 |
| Near India | [APPROVED] NEAR India June 2024 | $3200 |
| Near German | [REJECTED] NEAR German June 2024 | $2200 |
| Near Argentina | [REJECTED] NEAR Argentina June 2024 | $1300 |
| Near Turkey | [APPROVED] NEAR Türkiye June 2024 | $4000 |
| Near Ukraine | [APPROVED] Near Ukraine Guild Activities for community growth in June 2024 | $4000 |
| Near Multinational | [CLOSED] NEAR Multinational June 2024 | $1300 |
| Near Arabic | [REJECTED] NEAR Arabic June 2024 (Tier D) | $2200 |
- Here’re the approved once:
| Community | Proposal LINK | Requested Amount |
|---|---|---|
| Near Korea | [APPROVED] NEAR Korea DAO June 2024 | $4000 |
| Near Vietnam | [APPROVED] NEAR Vietnam June 2024 | $4000 |
| Near Indonesia | [APPROVED] NEAR Indonesia June 2024 | $4000 |
| Near ES | [APPROVED] NEAR ES June 2024 | $3200 |
| Near India | [APPROVED] NEAR India June 2024 | $3200 |
| Near Turkey | [APPROVED] NEAR Türkiye June 2024 | $4000 |
| Near Ukraine | [APPROVED] Near Ukraine Guild Activities for community growth in June 2024 | $4000 |
| Renumeration (Aman) | [REPORT] Globe DAO Council AMAN April / May | $2200 |
| Renumeration (Cizi) | [REPORT] Globe DAO Council Cizi April / May | $2200 |
| Renumeration (Dery) | [REPORT] Globe DAO Council Ihor April / May | $2200 |
| Renumeration (Ihor) | [REPORT] Globe DAO Council Dery April / May | $2200 |
| Renumeration (Hai) | [REPORT] Globe DAO Council Hai Apr/ May | $2200 |
| Total | $37,400 |
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Proposals that didn’t got approval in June:
Globe DAO May funding procedure:
2 May - 8 May: Applicants submitted their proposals on NEAR Forum within the suitable category.
8 May - 12 May: GDAO councils reviewed the proposals.
12 May - 13 May: Compiled proposal posted on Forum to HoM & CoA.
13 May - 18 May: HoM & CoA members review the funding request, voting & providing feedbacks.
Once approved, Grassroots DAOs initiate a transfer to NDC Trust.
Disclaimer: Some timelines can be changed.
For KYC/KYB: KYC is required for all applicants and the guide will be provided by HoM and Ops team.
IMPORTANT NOTE FOR JUNE FUNDING STRUCTURE: MUST READ
- For April Metrics, check our Report on Forum: [REPORT] NEAR Globe DAO APRIL 2024 Report