For the May 2024 funding round, the NFT DAO received several ambitious proposals, each contributing uniquely to the growth and innovation within the NFT ecosystem. After meticulous review and prioritization of these proposals, a total of $27,050 has been approved for funding, focusing on projects that excel in technology enhancements, business development, and content creation.
Here’s the completion of the funding request for the NFT DAO for May 2024:
May Funding Request for NFT DAO
Approved Proposals
Project Name Approved Amount Proposal Link
El Cafe Cartel Coffee Marketplace $3,000 El Cafe Cartel Coffee Marketplace
Research DAO x NFT WG $2,000 [Proposal] Research DAO x NFT WG
Gamified NFT Burn Tool $5,500 [PROPOSAL] Gamified NFT Burn Tool - #3 by jayythew
NEAR DragonVerse pt.1 $7,000 [Proposal] NEAR DragonVerse pt.1
BEEP BOOPS NFT - CC0 & Open Source Human Gated Minting Infrastructure & Collection $5,000 [Proposal] BEEP BOOPS NFT - CC0 & Open Source Human Gated Minting Infrastructure & Collection
NFT Artists on NEAR $550 [Proposal][May] NFT Artists on NEAR
Dropcast v2.0 by Nearverse Labs $4,000 Proposal for Scaling Up Dropcast Allowlist Management Platform
Totals $27,050
May Budget request breakdown
Item Amount
Total Funding $27,050
Marketing, Content, Visuals $1,000
Salaries $4,500
Total $32,550
NFT DAO May Funding Procedure:
4-11 Apr: Submissions of proposals.
9-14 Apr: Internal review by the NFT WG.
14-165 Apr: Proposals sent to HoM including all approved proposals.
15-17 Apr: HOM Review and Voting.
17-23 Apr: CoA Review and Voting.
NDC Trustees Transaction
Post-Transfer Execution
KYC may be required for new applicants.
DAO Wallet: nearnftwg.sputnik-dao.near