[APPROVED] Changa Records DAO September Funds

Creatives Creatives DAO
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Project Name: Changa Records DAO

Project Status: [in progress]

Project members:

Luna Nicke: lunatikculture.near

Alessandra Scoffi: alessandrascoffi.near

João Freire: forestusoberus.near

DAO: changarecords.sputnik-dao.near

-You can check our July Report here:

Funding Period: SEPTEMBER

Specific projects:
We are currently working in 2 long term projects
Changa Records (event organizer): we intend to do an event in June 18
Changa Records (label): we aim to develope our label by onboard our artists in Near Protocol, creating our mintbase and NFT’s with the artist’s work.

FUNDS REQUESTED:

Changa Records (event organizer):

-NEARDROP CAMPAIGN: 400 DAI

-DIGITAL NOMAD: 3600 DAI

-BUFFER: 350 DAI
Like it was explained in our REPORT because of Nvalue went down, there were some pay outs that could be done entirely. Value missing is decribed in the REPORT

:NOTE: Digital Nomad event is previewing to reach 700/+ people in the event. Taking in consideration that will be NFT Ticketing like explained before. We will post in our social media that we will be doing NFT Ticketing and we can help and guide people trough the process of onboarding them in order to buy the Ticket (NFT)

Changa Records (label):

-BOUNTY: 250 DAI

-COUNCIL MATTERS:

Council Work: 3 x 100 USD = 300 DAI

TOTAL ASKED = 4900 DAI

Reference: 1N = 4,17 USD

Near price today, chart, market cap & news | CoinGecko5th September 2022 X Lisbon Time!

:NOTE: After approved, all payout proposals will be for the N values displayed here; members of the Changa Records DAO council and members of the community will have to use this as reference when asking for rewards. Those will be fixed once and if the request is approved by the council of the Creatives DAO. This must be done in order to protect the DAOs funds, otherwise we risk being unable to fulfill our commitments. That also means that members can ask for their payout at any point during the month. The conversion rate will be the adapted according to the N value on the day the funding proposal is submitted.

All are welcome to join us to talk and see our projects.

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Instagram: https://www.instagram.com/changarecordsofficial

@ChangaRecords @Luna.Nicke @Alessandracr

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Wow this is really amazing

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Hello @ChangaRecords, thank you for the proposal

Is it a typo? The number is different from the report. Can you re-check it? Thank you!

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This proposal is mixed information of July & September, seems you’re using an old post to request for September fund. Can you revise it so the information is clearer?

$400 was requested in July but there’s nothing happened, just want to confirm that you weren’t able to do it because of drop in N value?

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Hey @ChangaRecords
If you want to save the value of the requested funds, please make sure to request the amount in stablecoins ($DAI or $USDC). You will not lose any value in $, as stablecoins are pegged to dollar value.

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Hey William.

We are so sorry it was a mistake. Yes it is 350 USD. Gonna change it

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Hey! Thanks for the advise. Shall we do it in the proposal?

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Hi William.

Yes. The NearDrop campaignt was to happen in July but we postponed it start to September. We had to do some ajustments because N value went down before we converted the funds to DAI (lik we do everymonth).

For this month we gonna request the funds in DAI and start finally our NearDrop Campaign. The post was updated :slight_smile:

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Hey Changa Records DAO,
Happy to inform you that this proposal follows the Creatives DAO Guidelines, and it is approved by the Community Moderators.
Please create a poll on the Creatives DAO Astrodao, so the council can vote. When and if the vote of the council is ‘yes’, approach NF for your payout proposal, following this guideline: [New Process] Community Payouts.
Also, feel free to join our Discord Server to Post Your Monthly Reports and Funding Proposals for better organization.

To become more transparent in the decision making I’d like to note some highlights why your proposal has been approved:

  • proposal follows our guidelines,
  • project focused on onboarding,
  • clear planned next steps affiliated with the music industry,
  • activities focused on DAO’s growth and DAO2DAO collaboration.

Looking forward to seeing your report!
Cheers!

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