Creatives DAO Council Report - William X [April 2023]
Dear community!
April marked significant progress for the Creatives DAO, with important updates related to its operation. During this month, the DAO finalized its Charter and registered the Legal Instrument under Guernsey Law through a collaborative effort involving the council team, The Walkers legal firm, and the NEAR Foundation legal department.
The councils of the Creatives DAO demonstrated full commitment in 3 key areas: managing the internal community and its operation, addressing legal matters, and preparing the DAO for the Community Treasury as part of the NDC. These tasks were successfully completed, showcasing the DAO’s dedication and competence.
Work covered:
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Funding review: In April, we received 21 proposals, 9 proposals were approved for funding. A dedicated report for funding can be found here: [Report] CREATIVES DAO APRIL FUNDING REPORT
- Prepared transparent sheet workspace
- Reviewed proposals with extra research on Astro & DAO’s associated materials
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Office Hours: We opened office hours to meet DAOs & founders to provide extra support. In April, 14 calls were booked and conducted. Meet us on our office hour via Calendly
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Weekly community call: Organized 4 weekly community calls, which provided opportunities for members to connect, discuss DAO activities, and ask questions.
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Weekly Sync with NF Sr Community Moderator: Participated in all weekly syncs with the NF contact person to discuss progress, provide updates, and address any issues. Besides weekly sync, 2 extraordinary meetings were conduct in April regarding legal processes.
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Weekly Sync with GWG & NDC Legal: In order to facilitate seamless collaboration between CDAO and the NDC, we consistently seek advice from the Governance Working Group and the legal team of the NDC. These discussions cover various aspects such as process improvements, community updates, and joint planning for the NDC Grassroots sprint initiatives.
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Creatives DAO Trustees x Enforcer: In April, 4 meetings took place involving the CDAO enforcer. These meetings focused on several key topics, including introduction, DAO’s operation, Trust Instrument review, duty review, sign on the trust deed, sync with the NF legal team & sync with The Walkers.
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Internal Meetings: We held 4-6 internal meetings weekly to discuss on three different streams of work: CDAO internal community & proposals/Legal/NDC (Lost count due to the large number of meetings (formal and informal))
Major updates in a nutshell:
- Creatives DAO Charter goes live
- Creatives DAO Trust Instrument goes live
- Creatives DAO at April NEAR Town Hall
- Creatives DAO Funding Request for the NDC
- Creatives DAO on State of NEAR Q1 2023 (Messari’s report)
- CREATIVES DAO X FREE ARTISTS Partnership: Extra Support For DAOs
Hours of contribution: 150+
What’s next?
- Monthly funding round is running as usual
- New guidelines for DAOs regarding: KYC process & how to receive funding after the transition to Community Treasury
- Weekly Community Calls to be conducted as usual
- Office hours are constantly opened
- New partnership & initiatives
That’s it! April was such a big month for Creatives DAO. Thank you all for your great support and big hug to all @creativesdao-council for your dedication & hard work.
Stay NEAR, stay Creatives!
William X