It is with much pleasure, I present the proposal of funding for DAOLLYWOOD activities for August.
But first off, a recap of most of our milestones for July.
Unveiled our official logo
TELEGRAM: Rose from 17 to 40 members.
TWITTER: our twitter page was added to astrodao’s list of daos
TIKTOK: our official logo announcement post has 518views and counting.
All these and more we achieved without any funding from anybody. But we believe there’s a lot we can achieve with funding.
FUNDING FOR AUGUST
- THE 200 CHALLENGE $1400
In our bid to support upcoming Filmmakers around the world, we created #The200Challenge a short film challenge where two Filmmakers are each given $200 and 200hours to create a short film and the winner wins a $1000 grant to support their career. They can use the grant to buy equipments, support their next big project, be part of a seminar, organise an event or any other thing which will advance their careers. Our choice of short films added with the financial and time constraint is just to create an obstacle course to bring out the best from the filmmakers. The two Filmmakers are selected by how active they are in DAOLLYWOOD and the quality of their previous work.
For the August edition, we will be having Obed Emmanuel @youngestdirector11, an Abuja, Nigeria based filmmaker ( Obed previous work >>> https://youtube.com/c/FreeTVAfrica ) going up against Damilola Omotayo @Damilola a Lagos, Nigeria based filmmaker. ( Tuzzy’s previious jobs ) https://youtube.com/channel/UCTJJxuN1IH-Xa8Angw1VfNA
Both of them will onboard all their cast and crew and create near wallets for them. This is to make it easy for them to pay their cast and crew. It is our policy in The 200 Challenge & DAOLLYWOOD that people get paid for their work. No matter how small it is, both ‘contestants’ are to create a budget for their teams. We intend to show them how easy it is to pay workers and collaborate using their near wallet.
The two short films will be posted on our official youtube page and winners will be selected by votes by viewers and council members.
The films will also be minted as NFTs on all platforms. With income shared between the Filmmakers and DAOLLYWOOD, this will be an income generation stream for our DAO.
We will also include NEAR & DAOLLYWOOD ad placements (we will collaborate with the marketing DAO for NEAR contents of their choice) in the short films before the movies commence.
#The200Challenge will be a bimonthly event so we can take our time in selecting Filmmakers and also making use of the films before creating new ones.
- BOUNTY: WATCH, WRITE, WIN $200
We at DAOLLYWOOD intend to support not just the cast and crews but also critics. We create this bounty for those who will watch the two films that will be created in #The200Challenge; they are to write a comment or review about the two of the films on youtube or social media. The most interesting, witty, surprising and catchy comments/review will be selected.
Runner up $50
2nd runner up $40
3rd runner up $30
4th runner up $20
- CREATION OF WALLETS & MANAGEMENT OF DAO $400
Everyday we have people who are interested in being onboarded and given near wallets. We intend to set asides $100 to create approximately 100 wallets in August( 1N at $4, $100 will create 96 wallets at the price of 0.26N per wallet).
We will also set aside $300 to run our social media pages and have resources to follow up teams participating in The 200 Challenge. $300 is small for all these but we will find a way to go about it. I guess that’s our 300 Challenge LOL
TOTAL AUGUST FUNDING: $2000
Approving this budget will go a long way in helping DAOLLYWOOD continue to be the bridge where the two world of the Web3 and cinematic universe come together and continue to create a beautiful, happy world for us all.
TELEGRAM : Telegram: Join Group Chat
TIKTOK/INSTAGRAM/TWITTER : @daollywood