[Proposal]Merchants of NEAR Monthly report Sep 2021

[Merchants_NEAR]

@David_NEAR

Should be able to arrange something for sure, but ultimately discussions will come to an end on this after an outcome is reached.

What is the timeframe on reaching an outcome? I think this is quite important.

@David_NEAR

Personally, I think the tickets are in line with the average for blockchain-focused conferences. It’s an education focused conference with a networking opportunity, this is the case for almost all Blockchain focused conferences

My mistake, I agree that this is reasonable. Just was surprised at the cost.

@david_NEAR I have responded in the form post with my concerns and questions.

[David_NEAR]

@Merchants_NEAR

What is the timeframe on reaching an outcome? I think this is quite important.

I don’t have any timeframe to provide you on this front. We’ll continue to keep updates on the forum, for sure

[Dacha]

@Merchants_NEAR

We had the addition of Sanket for more content and updates on projects and NEAR DeFi ecosystem.

@SanketN81 is already gets a great generous payment ~ $2800 in Degen’s Army for the same job (posts creating and shilling) , and as a true near supporter can do some activities for free. I don’t understand why you gonna pay her/him extra money?

[Dacha]

@Merchants_NEAR

As I explained, I am trying to build a relationship with dydx and doing what I can to promote NEAR to them.

Did you contact with dydx management directly? I’m so sorry, but now it’s looks like you gonna get an airdrop from dydx (together with your friend and using your guild’s money).

[Dacha]

@Merchants_NEAR

Monthly Contest Rewards: 110 NEAR (40+25+20+15+10)
Weekly Contest Rewards: 72 NEAR (4*(7+5+3+2+1))
Weekly highlights feature: 24 NEAR (4 2 per reward 3 featured TA’s)
Monthly participation reward: 16 NEAR (8*2 per reward) this is for submitting all 4 weeks
Quality assurance reward: 8 NEAR (1 NEAR each who submitted quality TA that week and did not win any) Down week in terms of submissions and quality as NEAR was dropping
Referral: 8 NEAR (2 NEAR * 4 people who brought on people who submitted to contest)
Total: 238 N for contest payouts
Sanket: 50 NEAR as community/content manager
Yuppie and Misinformed: 350 NEAR each as analysts
Total: 988 NEAR

Could you please (as I asked you initially) show your September’s transaction as a proof or expenses above ?

Sorry, but @SanketN81 does more work in your guild than @Yuppiefab and Minisformed. Also @Yuibnb is a degen and gets great money in their Army. I don’t understand why you’re going to pay them 350N $2800 for 4-6 TA posts a month.

I think you need reduce their payments to 50N a month.

@Merchants_NEAR

I offered you a bounty for sharing Merchants link with your trading group and you did not respond .

I do my work for free. I don’t need any referral bonuses. If I got something, please spend it on charity : fotcp.near, which is a development center for disabled youth.

I just showed to you example how it’s easy to brought new community members and spent 0 dollars for that…

@Merchants_NEAR

However, if you are pushing for payouts to be dollar dominated, it is not fair whatsoever to be attacking community members for moving their NEAR to an exchange and selling it.

Sorry, it’s not my decision. I’m not pushing anybody here.

Still not answered:

@Dacha

• you didn’t show a list of transactions wallet /purpose/quantity
• why your management wage is so high?
• what the role of mansadusa.near (if zucchini_fries.near is your wallet) in your guild?

Very important show a list of transactions.

Thank You!

[SanketN81]

Hey there’s been some misunderstanding, who told you that I’m getting 500N lol.

Please Check Report Again it’s 50N.

[Dacha]

@SanketN81

Hey there’s been some misunderstanding, who told you that I’m getting 500N lol.

Sorry, you got my wrong and my bad also.
Your monthly payment in the guild 50N

[Merchants_NEAR]

@Merchants_NEAR

Monthly Contest Rewards: 110 NEAR (40+25+20+15+10)
Weekly Contest Rewards: 72 NEAR (4*(7+5+3+2+1))
Weekly highlights feature: 24 NEAR (4 2 per reward 3 featured TA’s)
Monthly participation reward: 16 NEAR (8*2 per reward) this is for submitting all 4 weeks
Quality assurance reward: 8 NEAR (1 NEAR each who submitted quality TA that week and did not win any) Down week in terms of submissions and quality as NEAR was dropping
Referral: 8 NEAR (2 NEAR * 4 people who brought on people who submitted to contest)
Total: 238 N for contest payouts
Sanket: 50 NEAR as community/content manager
Yuppie and Misinformed: 350 NEAR each as analysts
Total: 988 NEAR

Monthly contest Payouts:

Monthly Participation awards:

Week 1 contest payouts:

Week 2 contest payouts:

Week 3 contest payouts:

Week 4 contest payouts:

Weekly highlights rewards:
Week 1:

Week 2:

Week 3:

Week 4:

Week QA reward:

Referral:

Merchants Payout: (100 NEAR to [mansadusa.near] for NEAR CON)

@Dacha

I don’t understand why you’re going to pay them 350N $2800 for 4-6 TA posts a month.

We discussed this recently and am trying to up the frequency of content. Feedback was positive on tradingview account, so should see more analysis and content coming.

@Dacha

I do my work for free. I don’t need any referral bonuses. If I got something, please spend it on charity : fotcp.near, which is a development center for disabled youth.

Cheers!

@Dacha

I just showed to you example how it’s easy to brought new community members and spent 0 dollars for that…

I get that and appreciate it, but I specifically give people new invite links via telegram to be able to track who joined with their custom link otherwise it is impossible to see who referred who.

@Dacha

@Merchants_NEAR

However, if you are pushing for payouts to be dollar dominated, it is not fair whatsoever to be attacking community members for moving their NEAR to an exchange and selling it.

Sorry, it’s not my decision. I’m not pushing anybody here.

I understand that, but you have been upset that community members for moving their NEAR to an exchange to presumably sell it. Just do not think that is fair.

@Dacha

Did you contact with dydx management directly? I’m so sorry, but now it’s looks like you gonna get an airdrop from dydx (together with your friend and using your guild’s money).

I made a mistake of not transferring out NEAR to my own wallet before making the trade. I will keep Merchants wallet specifically for Merchants related business, but excess NEAR on that wallet can be treated as zucchini_fries. I can assure you I am not getting an airdrop of some sort.

@Dacha

why your management wage is so high?

Again, I think this is just due to the misunderstanding of funding. If you view it in $ terms, things are out of proportion in a bullish market. People are in fact paying thousands of “$” for a gif on the blockchain.
When NEAR was trading at $1.80 roughly one quarter ago, none of us were complaining about the $ value being too low because we believed in NEAR and wanted to continue to adding value to the community. But now that NEAR is doing well, suddenly everything is too much.

@Dacha

what the role of mansadusa.near (if zucchini_fries.near is your wallet) in your guild?

mansudasa is Misinformed on TG and one of our analysts

I appreciate your suggestions (tradingview, twitter KPI) @dacha and have taken steps to make sure these are implemented, but in terms of compensation, this is not for you to dictate.

[SanketN81]

the same addresses means that their prediction n analysis for that particular week was correct so they got rewards.

[Merchants_NEAR]

Merchants contest rewards are based on accuracy and quality. We have geared some rewards towards beginners and participation but are aimed at accuracy and quality first and foremost.

[Grace]

I know I arrive late into this party but for the sake of clarity, no guild is suppose to continue with denominated NEAR funding. We have stated that we will be fund based on USD value proposals.