Project Name: Changa Records DAO
Project Status: [in progress]
Luna Nicke: lunatikculture.near
Alessandra Scoffi: alessandrascoffi.near
João Freire: forestusoberus.near
Funding Period: JUNE
We are currently working in 2 long term projects
Changa Records (event organizer): we intend to do an event in June 18
Changa Records (label): we aim to develope our label by onboard our artists in Near Protocol, creating our mintbase and NFT’s with the artist’s work.
SUSTAINABILITY PROGRAM: 450 USD
BOUNTY: 350 USD
NEARDROP CAMPAIGN: 0 USD
MINTBASE WORKSHOP: 100 USD
DIGITAL NOMAD: 1900 USD
-We have no projects to happen in May. Still enjoying the ride of our first release.
Council Work: 3 x 83 USD = 249 USD
TOTAL PAYED = 3049 USD
:NOTE: The initial value asked by our DAO was 3800 USD but because N value went down Changa Records DAO only had the acess to 3049 USD. There were some changes in the payment methon from Near foundation with the new “pact-safe” and invoicing method. In the end of July and Begining of August our DAO been part of Boom Festival and Modem Festival volunteering team in order to learn all kinds of information to be used in our DAO. But the network connections in both of the venets was very bad so the DAO didnt connect with the apps. We got our Proposal Aproved and the Poll was only Aproved in August. We filled the form that is available in the Forum but the Contract wasnt arriving so we tryed to get help in the Creatives Chat about it. After we realized that the method for payment was changed we took the decision to only send the contract when arriving to Portugal from Modem Festival in Croatia. But the payment was concluded before we even send the invoice for it and the Funds stood in the wallet suffering a value down. Changa Records DAO swaps every month the Funds into DAI but because we didnt check the wallet it stood there. Next proposal we gonna request a Buffer to pay the 350 USD lost because of N value going down and this slight “confusion”. Our DAO decided to start the NEARDROP CAMPAIGN IN September.
BUFFER TO BE ASKED:
-250 USD to be paid to theartofsam.near (paid 250 usd instead of 500 usd)
-100 USD to be paid to eyesinart.near (paid 200 usd instead of 300 usd)
TOTAL: 350 USD BUFFER
All are welcome to join us to talk and see our projects.