[ Proposal ] Capital Guild Community Creative Space installment payment For August

Hello Creatives.

i remain EL KHUSH De Magnifico, an Afro infusion artist/Brand, a community builder, founder and a moderator of Capital Guild community, it has been a wonderful experience building and growing with a community of brave creatives and with the recent support from the creatives to kickstart our payment in installments we are requesting for installment payment for the month of September after receiving our first payment in the month of July


From the creation of the Capital Guild community in the month of May, we drafted a Roadmap that would provide sustainability for us as a community so we would not continue to depend on getting funded by Creatives DAO & NF when fully set up.





So far we have proposed and completed projects for

May: https://gov.near.org/t/report-may-monthly-report-for-capital-guild/22163?u=elkhush

June: https://gov.near.org/t/report-capital-guild-community-june-project/24347?u=elkhush

July: https://gov.near.org/t/report-capital-guild-community-report-for-july-projects/27010?u=elkhush

Creatives space costs $5000
Currently requesting $2000 in DAI



The Make up studio is an idea for Models, this would be a space for models and make up artists to creatively create and practice their art, the studio will also have a photoshoot set up for proper photography.


. The studio will be available for the models and for makeup artists plus clients that would want to hire the space for personal projects outside the community.
. It will be available for hire as we plan to allow our models and makeup artists bring in their clients for makeovers for a fee.
. On one end of the the studio we’ll have a makeup setup with lights while on the other end we’ll set up a photo stand with backdrops hanging, this will be an interesting feature for members of the community and clients who will be booking a makeover session with the community.

The audio recording studio will be accessible to members of the community and will also be for hire which will be generating funds for the community.




. A well composed, mixed & mastered song audio in a standard studio costs at least $100 for production ( we will be offering free album cover for artists of the community and client artists ) this can be an Avenue for generating funds regularly to keep the studio running.
. The studio is also going to be an African NFT blog/podcast which could serve as a strong mechanism for promotions and advertisements, we will be hosting live sessions, AMAs and programs on our twitch page.

The dance studio will have a Chroma background on the stage as all activities here will be edited with the web3 and metaverse effects as seen in the video below:


. The Dance studio will be an open space, it is also going to serve as our conference room in case we have a community activity or an exhibition.
. It is going to also be our lecture room for project explanations, reviews and ideas.
. It will be available for projects from outside the community e.g for exhibition, rehearsals and video shoots.
. It will also be used for our community physical meeting as one of the important reason of having a hub is to create closeness for members of the community.

The art village will be decorated and designed with artworks and artifacts for art creators to have a space for making art/NFTs.




. This section of the Hub is going to be for Fine artists, sculpture art painting art e.t.c
. This is the only gallery section of the hub for displaying physical art that has already been minted on our store.
. It is also going to be the center for art creation and workshops for learning.
. We have also considered setting up a printing press shop in the art gallery where we will start making designs of NFTs bought on our store on Wears, bags, shoes, caps e.t.c. We will also be making designs that will later be made with the Voxedit to be sold as NFT wearables that will unlock its physical NFT. This is one of the steps to create funds for the community.

The media room will be the brain box of the community where all created NFTs will be minted, it’ll be a learning space for activities like Marketing, website management, Voxedit, Magical Voxel and other NFT creating softwares. It will also serve as an Information center.



. The media room is generally going to be for Minting, editing, digital works and learning.
. It will be a space for all creatives to learn how to use some of the web3 Dapps as we plan on educating all our members like MagicalVoxel, Voxedit, Cryptovoxel, Emanate, Tamago e.t.c.
. Our social media team will also be working from this space.


  1. Availability for hire/rental from members and clients
  2. Creating/Minting/marketing NFTs
  3. Onboarding new members with projects and events.
  4. A digital printing press.
  5. Free webinars and educational contents.
  6. A podcast for advertisements and on air presentations.
  7. An equipped stage for video recording of performances from members and clients with chroma background effects.
  8. Interoperability with DeFis and Dapps
  9. Content creation/Performances.
  10. Partnerships & Sponsorship

We have carefully discussed and agreed to engage our members in all the aspect of the creative hub so instead of hiring people for the space we will be working with the members of the community, we might just be required to hire some professional hands to help teach the members how to use some of these equipments and then they will be handling it afterwards, this is a step to provide job opportunities for the members of the community, provide more results for content creations and NFTs, it is also going to give more exposure and education to the members of the community.

All activities in the creative space are mainly for:

  1. NFT creation/Minting.
  2. Web3 activities/onboarding.
  3. Community growth
  4. Entertainment.
  5. Sustainability wealth creation for the community.

All attached photos are downloaded as samples to better describe our plans for the creative center.

Due to the cost of the creative space as mentioned above and due to the continuous rise in the dollar rate to our local currency, we have considered to request for funding in installments of 3 months which started July, this will allow the community members to propose for project funding and community activities, we will be providing receipts of payment in installments as we proceed with payments.

Total rent Annual: $5000
requesting = $2,000 in DAI
Target: captalguild.sputnik-dao.near

i am always available for clarifications.

Cc @creativesdao-council


Hi @ELKHUSH, thank you for the proposal.

Does it mean the DAO will be self-sustained after this project? Can you help clarifying why it will help the DAO become self-sustain by doing it? I wonder if there’s a business model attached with it?

Can you break in details the cost also? Thank you!


Hello @williamx thanks for your question

Annual rent for the space costs: $4000
Caution fee: One time $230
Service charge: Annual $170 ( which could be more depending on the place we get )
Agency fee: One time 10% of annual fee $400
Total: $4,800 ( we will have to cover the rest fee as the increase is because of the fall of Naira our local currency and the rise in prices )

The calculations are made with the current dollar rate to Nigerian currency #665 naira, and due to the fall of the Naira currency there’s been a slight change with our initial calculations however we still plan on maintaining our first proposal for transparency.

We want to grow to a point where we can cover all these costs annually
We have been granted our first proposal for the space $2000 which we got $1900 due to the drop in value of community funds when received that is why we have also decided to be requesting in DAI
Due to the delay in funding we will be making the first installment next week and receipts will be updated on our July report.
Thank you and I hope I’ve been able to make these clear enough.

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