Please find attached a tentative funding proposal for October, for community review and feedback. Total funds requested amounts to 107,670 but is subject to change pending input from the community in general and from HoM in particular. As per standard practice in GWG, we have included some contingency in this proposal. The largest reason for contingency is to cover future FX fluctuations, but also for any potential retroactive requests that are currently unknown.
The largest unknown at this point is expenses relative to NearCon. We have asked for input from HoM but not yet received any clear guidance. This proposal therefore includes a proposed $13.6k related to NearCon activations from the events WG. In case these expenses are covered through CDAO or MDAO then this cost can be removed from this budget. Similarly, this budget makes a generic proposal to cover travel stipend for up to 10 individuals that are not otherwise covered by other stipends. This stipend is proposed to be made available to NDC devs who were not eligible for the Harckathon and for elected candidates with speaking slots at NearCon. This stipend could also very well be covered by CDAO or MDAO instead, or not be included at all, in which case we would simply remove it from this budget.
As per usual, any funds not spent will be returned to the Community Treasury. An updated version of this budget can be found here.
Please discuss!
Area
Type
Category
Who/What
Oct Budget
Sept Actual
Diff
HoM Request
Descriptions / Comments
MarCom
Expenses
Product Marketing: Marcom
0
0
0
MarCom
Gigs & Bounties
Marcom: Bounties
Various
0
25,000
-25,000
MarCom
Gigs & Bounties
Marcom: Community Events (Near Con)
NearCon
13,600
0
See proposal from Russ
MarCom
Gigs & Bounties
Marcom: Community Events (Near Con)
[TBD]
7,500
0
TBD. Example: 5 short distance @ $500 + 5 long distance @$1,000 = $7,500
MarCom
Recurring Contributor
Community Mods, Lead
Rahul
0
800
-800
MarCom
Recurring Contributor
Community Mods
Vikash
600
600
0
TG Moderator
MarCom
Recurring Contributor
Community Mods
Psalm
600
600
0
TG Moderator
MarCom
Recurring Contributor
Community Mods
Aescobar
0
600
-600
MarCom
Recurring Contributor
Social Media Management
Rahul
2,500
2,000
500
Rahul
Social Media, Announcements
MarCom
Recurring Contributor
Social Media Management
Vikash
2,500
2,000
500
Vikash
Social Media, Announcements
MarCom
Recurring Contributor
Social Media Management
Wax
2,500
2,000
500
Wax
AMA, Social Media, Announcements
MarCom
Recurring Contributor
Community Lead
Russ
0
6,000
-6,000
MarCom
Recurring Contributor
Marketing Lead
Ant
0
6,000
-6,000
MarCom
Recurring Contributor
Graphics design & NDC Brand
Ihor
2,500
2,000
500
Ihor
NDC Brand, Graphics, Banners
MarCom
Retained Contributor
Graphics design & NDC Brand
Lex
200
700
-500
NDC Brand, Graphics, Banners
Total, Oct, Marcom WG
32,500
48,300
-36,900
Tech
Expenses
Smart contract costs
100
500
-400
Storage / deployment costs for NDC toolings / contracts
Tech
Gigs & Bounties
General Grants & Bounties: Tech WG
Various
1,500
5,000
-3,500
ComunityVoice Buildout
Tech
Gigs & Bounties
SBT Designs
Curmello
225
0
0
SBT Designs for NDC Houses
Tech
Gigs & Bounties
Indexer build for Astra++
0
2,000
-2,000
Indexers for Voting Body Contract, House Contract, Sputnik Contract
Tech
Recurring Contributor
Core Contributor: Product Lead
Jane
9,000
13,000
-4,000
Astra++, CommunityFund, IAH KYC
Tech
Recurring Contributor
Core Contributor: Tech Architect
Rob
9,000
9,000
0
Astra++, CommunityFund, IAH KYC
Tech
Retained Contributor
UX Design
LIT Collective
2,000
4,000
-2,000
Astra++, CommunityFund, IAH KYC
Tech
Retained Contributor
Tech WG: in house engineers, QA
Megha
2,200
1,900
300
Astra++, CommunityFund, IAH KYC
Tech
Retained Contributor
Tech WG: in house engineers, BackEnd
Andrii
4,000
4,000
0
Astra++, CommunityFund, IAH KYC
Tech
Retained Contributor
Tech WG: in house engineers, Smart Contracts
Stan
2,200
2,200
0
Astra++, CommunityFund, IAH KYC
Tech
Retained Contributor
Tech WG: in house engineers, Front End
Amit
4,000
5,000
-1,000
Astra++, CommunityFund, IAH KYC
Total, Oct, Tech WG
34,225
46,600
-12,600
Legal
Expenses
Expenses: Corporate fees
0
0
0
Legal
Recurring Contributor
Core Contributor: Legal
Atrox
4,500
4,500
0
Setting up new legal entity for NDC. General counsel
Total, Oct, Legal WG
4,500
4,500
0
Admin
Expenses
Read.ai subscription
75
0
75
Admin
Expenses
Notion subscriptoin
500
0
500
Admin
Expenses
Google Cloud subscription
100
0
100
Admin
Expenses
Google Domains
250
0
250
Admin
Expenses
Supabase subscription
200
0
200
Admin
Expenses
Netlify subscription
150
0
150
Admin
Expenses
Heroku server
20
0
20
Admin
Expenses
GitBook
50
0
50
Admin
Expenses
Zoom
100
0
100
Admin
Expenses
Trello
200
0
200
Admin
Expenses
Miro
150
0
150
Admin
Expenses
Canny
400
0
400
Admin
Expenses
Airtable
150
0
150
Admin
Expenses
Contingency
1,000
4,500
-3,500
For trailing expenses in case people might have forgotten to claim in previous months
Admin
Recurring Contributor
Core Contributor: Budget, Bounties & KYC
Kaz
5,000
10,000
-5,000
Unified funding process. Transition plan for operations of KYC & Bounties
Admin
Recurring Contributor
Core Contributor: Goverance Co-ordinator
Yuen
5,000
6,000
-1,000
Handing over transition of the working groups adminstration, syncing each houses with GWG for transition, final month moderation
We will request from the Community Treasury, yes. But I don’t know where you got that number from. It will be closer to 100k Near, not 200k. What ever isn’t spent will be sent back, yes, in principle. We obviously can’t commit to a specific amount until after the fact.
Yes the NearCon activation proposal can be funded from any of the three DAOs. We don’t have a preference who to pay it. If HoM recommends it to be funded through CDAO or MDAO then we would remove this line item from GWG.
It is not urgent to move ownership of the subscription costs. I can keep paying for those that are on my credit card and probably Blaze will say the same, assuming HoM will agree to continue reimbursing the costs going forward. When and if HoM appoints an operations lead, then we can transition the credit cards.
Thanks @Dacha it’s been awesome having you around.
You’ve really taken the ecosystem as your top priority and you’ve shown so much concern and hard-work appreciate your time and effective effort. With you around we are going to grow bigger and better thanks for your benevolent words and thanks also to all the contributors for making this a success kudos to y’all….
Lets keep building
Yeah, AstroDAO is not reliable. The $80k you’re looking at is funds we have left for remaining outstanding payments for September.
The budget requested in this post is net new for October and different from September.
What you’re asking is related to cash flow, not budget approval. Either A) we pay back the remainder and then request October in full. Or what’s more likely to happen is that B) we subtract the September remainder from the October total and only ask for the difference. The reason for doing it this way would be that it allows us to speed things up and process the October payments in October. The choice on which way we decide to handle it will depend mostly on the speed of getting this October ask approved and processed.
Ultimately both approaches will result in the same net cost for NDC.
GWG members, in an effort to provide a fair and complete evaluation of the October budget request, we are delaying our final decision until the following individual contributor reports are received. To those who have already provided their reports, thank you. In order to provide transparency in our decision making, we request that the contributor reports be posted as replies to the original post here in the governance forum.
The House of Merit has also voted internally and reached a quorum in favor of deleting lines 47 & 55 which total $12,100 in contingency allowance. Any oversight/contingency requests shall be submitted retroactively in v1. Thank you in advance for making this adjustment.
• MARCOM Team - each contributor requesting over $1000 renumeration shall provide an individual report of work completed in October and what tasks are planned for the remainder of the month.
• TECH Team - Jane, Robert, Megha, Andrii, Stan, Amit, please post the reports you provided here in the gov forum.
- Please provide a report for LIT Collective outlining October work completed/scheduled for completion by EOM.
• LEGAL - Atrox, please provide report including any work completed in October and outline for turnover to Congress - we will provide POCs to work with you on turnover.
ADMIN - Kaz, please provide report of work completed, and remaining duties that you are responsible for. Please make specific notes to call out any/all work (unpaid bounties, KYC, etc.) the has carried over from months prior to October.
The report on work done by the Tech WG team members can be found in this spreadsheet
The work done to date and outstanding by Illu and myself Kaz is continuously updated on the second tab of the budget file. As of current, this is my October report:
Activity
Remarks
Status
NDC V1 Framework V3.2
The NDC V1 Framework V3.2 has been finalized.
Completed
Introductory Workshop with NDC Representatives
A Introductory workshop with all NDC representatives outlining next steps.
Completed
HoM Workshop
A comprehensive workshop was conducted for HoM.
Completed
CoA Workshop
The CoA workshop was successfully held.
Completed
Updating the ops manual
The ops manual update is in progress.
In-Progress
Getting the gov 3.2 onto GitHub
The gov 3.2 is being prepared for GitHub.
In-Progress
Processed KYC applications
9 applications received during October, significant slowdown in volume, of which 5 has been approved, 1 rejected and remaining are still pending user inputs
In-Progress
Paid out September bounties as requested by the community
23 payments for Sept sent out in Oct to date, representing 33 separate bounties. There are 7 further bounties plus a number of expense reimbursement still waiting to get paid for September.
In-Progress
Proposed October budget
Coordinated the estimate, breaking down line items, responding to questions and suggestions from Trustees, HoM, and the community
In-Progress
Created unified funding process, Miro
Created two versions of the funding process, one mid-level and one detailed version of the same process
Completed
Created unified funding process, Slides
Created a summary of the Miro processes and used it during the workshops mentioned above.
Completed
Created GWG spend reports for Sept
TBD
Not started
Pay out October bounties as requested by the community
The budget tab has been updated accordingly as well.
Two devs working more than originally estimated. Budget increased from $2,200 to $2,400 each. Previous monthly budget allocation for junior devs was $2.5k so it’s still within the orig budget.
Original reduction from $5k to $4k was wrong. Reduction should only be $800. Increased from $4k to $4,200
Travel stipend rejected by HoM with one exception for Stan, conditional on hackathon submission. Request reduced from $7,500 to $500
$13.6k emoved from budget, to be paid by MDAO instead at the request of Odin / HoM
How is it justified that two people get paid $9k each for a single month?
This doesn’t look like fair in comparison and also for itself as a community member I can’t comprehend why such high salaries are paid to single persons while general budgeting is very limited and a big concern for NDC.
These two salaries are basically 25%! of the whole GWG budget.
