[REPORT] APRIL Monthly Report - VN Artists DAO

Project Name: VN Artists DAO

Project Status: [in progress]

Project members:
williamxx.near
antran2809.near
titione2.near

Balance: Current account balance 12.29 (N)

Astrodao: vn-artists-dao.sputnik-dao.near

Projects:

1. Funding of New Near Wallets (Wallet Activation)

Original post:

In 30 Linkdrops: 19/20 available Linkdrops activated (10 links were refunded to the DAO treasury to cover the loss due to price change.)

For this campaign, we have learned that the creation of a campaign cost an extra 8N (5N for account activation and 3N for campaign gas & reservation fee). We decided to propose reimbursement of those fees on our May proposal.

2. Logo Creation Bounty

Original post:

Obtained great attention from the community with 22 designs submitted. The chosen logo goes to @duyhoa and will be used as our main logo since May.

Reward sent: Astro link

3. Vietnamese Artist DAO April featuring collection (Onboarding campaign)

Open call post:

We opened a Mintbase Store for our monthly featuring collection. In April, we received 25 submissions, with 21 eligible entries (4 haven’t completed the Verification process).

Bought back 19 NFTs & rewarded 3 featuring artworks of the month

Link to the Store: https://www.mintbase.io/store/vnartistsdao.mintbase1.near?tab=nfts&page=0

Sheet of collection:

Reward sent: First Prize (On hold) - Second prize - Third prize

4. DAO Membership NFT bounty (3 designs/50$ per selected)

Bounty post:

This aims to create a playground for members to submit their arts to be minted as membership tokens of VN Artists DAO. Among 9 submissions, the community has voted for 3 artworks to be minted as NFT token and rewarded $50 each.

Those token will be sent out to wallets that participated in our April activity, to be processed in May.

Reward sent:
Astro link 1: toddpham.near
Astro link 2: agnesba.near
Astro link 3: haoo.near

Highlights:

  • 37 members on Telegram for the first month
  • 43 NFTs minted/16 holders on Mintbase store
  • 19 new wallets created
  • 4 community call made with the strong bond of 4-8 members
  • 2 bounties completed
  • 1 open call made, with the conversion to 1 DAO collection of April

Learnings:

  • Should propose activities & rewards in USD (instead of NEAR) to avoid price loss
  • Simple verification for members is needed for activities
  • We found out creating a link drop campaign costs 5 NEAR for account creating & 3 NEAR for campaign creating, making it a total of 8 NEAR (which hasn’t been mentioned in April’s proposal)
  • Should reserve a small amount for DAO treasury to cover the price loss, avoid causing activities pause

Accounting (Still to be paid out):

  • Council work 200$ (WilliamX)

  • April collection (frist prize) 200$

  • Community call 200$

Next Steps:

  • This month, we expand cross DAO/Guilds collaboration by cooperating with filipino-artist-dao in a cross-culture activity

  • Expand community interaction through workshops & themed activities

  • Continue working to spread the words though medias & activities

  • Aim for 50 members on TG and 30% of conversion rate to active members on every activity

10 Likes

Thank you Council for organizing this great contest!!!

2 Likes

Thank you guys for supporting our activities! Get ready for our productive May!

Thank you @toddpham for all of your amazing product! Hope to see more and more in our future contest!