[Wrapped 2023] CreativesDAO Yearly Report

CreativesDAO 2023 Report

This report serves as a high-level overview of CreativesDAO in 2023, covering the following:

  • The total number of proposals received, including approved and rejected ones,
  • Reports related to the approved proposals in 2023,
  • Statistics regarding proposals received, the total amount approved and rejected in 2023, with a comparison to 2022,
  • Social scores on web2 and web3,
  • Fallbacks and learnings.

This report seeks to present a balanced and transparent view of CreativesDAO’s funding practices and foster a more informed and objective discourse about CreativesDAO.

As CreativesDAO is one of the funding nodes on NEAR, the report will add value by increasing transparency in our ecosystem. We believe that it will play a key role as a foundation for the year 2024.


GENERAL OVERVIEW


CREATIVES DAO 2023 - GENERAL INFORMATION

Value at Number of proposals
Proposed From Community $739,403.00 165
Total Approved $306,715.00 61
Total Rejected $432,688.00 104

image
image

CREATIVES DAO 2023 - PROPOSAL OVERVIEW

Month No. Proposal No. Approved No. Rejected
Jan N/A N/A N/A
Feb N/A N/A N/A
Mar 34 8 26
Apr 21 9 12
May 14 6 8
Jun 9 6 3
Jul 13 6 7
Aug 17 6 11
Sep 22 7 15
Oct 14 2 12
Nov 14 6 8
Dec 7 5 2

image

CREATIVES DAO 2023 - FUNDING OVERVIEW

Month Funding Asked Approved Rejected
Jan N/A N/A N/A
Feb N/A N/A N/A
Mar $145,256.00 $36,950.00 $108,306.00
Apr $83,322.00 $38,435.00 $44,887.00
May $51,875.00 $24,000.00 $27,875.00
Jun $42,240.00 $31,700.00 $10,540.00
Jul $74,736.00 $40,811.00 $33,925.00
Aug $91,928.00 $37,188.00 $54,740.00
Sep $106,346.00 $36,991.00 $69,355.00
Oct $70,450.00 $13,150.00 $57,300.00
Nov $40,840.00 $27,080.00 $13,760.00
Dec $32,410.00 $20,410.00 $12,000.00

image

In 2022, CDAO approved 400 proposals, totaling $1,560,834. For a better understanding, please refer to the Disclaimer below.

Month Approved Proposals 2022 Approved Amount 2022
January 22 $82,901
February 22 $85,340
March 33 $124,686
April 49 $188,789
May 65 $230,015
June 43 $181,782
July 57 $236,355
August 49 $190,327
September 60 $240,640
Total 400 $1,560,834

FYI - The data comes from Wrapped Data CDAO 23.

Disclaimer: The current team joined in June 2022, and the previous team left, granting full independence to the current council in the middle of August 2022. Data from 2022 includes only approved proposals and their respective amounts. From October 2022 until the end of February 2023, the CDAO functioned with a break as a NEAR funding node.


MONTHLY OVERVIEW


January & February

CDAO finalized evaluation metrics in close cooperation with NF and its community. Additionally, the team took the necessary steps to go live as a funding node, including setting up a new Sputnik DAO contract, getting the Creatives DAO trust to go live, updating social media profiles, and establishing internal processes.

March

Rejected Amount
FeminuDAO $5,000.00
DEDEUKWUSHRYNE DAO $2,000.00
Afrostar $5,000.00
Indiaverse DAO $1,600.00
Blaqk Stereo DAO $5,000.00
Nomade Label $5,000.00
NEAR X ART $5,000.00
Filipino Artist Guild $5,000.00
Cudo DAO $5,000.00
Master Minds DAO $5,000.00
Philosophers DAO $5,000.00
Capital Guild $5,000.00
Reggae DAO $5,000.00
Thespians DAO $5,000.00
Apex Trybe $1,950.00
Spirityut Studios $3,460.00
NEAR ARTisans DAO $5,000.00
Planet Lukukul $3,000.00
OnboardingDAO $4,800.00
Young Fresh DAO $5,000.00
NEAR Digital Fashion $3,000.00
NEAR Woman $2,896.00
Zon-Verse DAO $5,000.00
Burlesque DAO $5,000.00
NEARFox $2,800.00
NEAR Sport $2,800.00
MARCH FUNDING OVERVIEW No. proposal Amount
Total proposed 34 $145,256.00
Total approved 8 $36,950.00
Total rejected 26 $108,306.00

Review process & evaluation - [Report] March Proposal Review - Creatives DAO - Google Sheets

April

APRIL FUNDING OVERVIEW No. proposal Amount
Total proposed 21 $83,322.00
Total approved 9 $38,435.00
Total rejected 12 $44,887.00

Review process & evaluation - [Report] April Proposal Review - Creatives DAO

May

In May we went live with our Trust Instrument. Special thanks to NF and The Walkers for assisting with Trust creation.

MAY FUNDING OVERVIEW No. proposal Amount
Total proposed 14 $51,875.00
Total approved 6 $24,000.00
Total rejected 8 $27,875.00

Review process & evaluation - [Report] May Funding Review - Creatives DAO

11 Likes

June

JUNE FUNDING OVERVIEW No. proposal Amount
Total proposed 9 $42,240.00
Total approved 6 $31,700.00
Total rejected 3 $10,540.00

Review process & evaluation - [Report] June Proposal Review - Creatives Constellation

July

In July CDAO supported its community members for the ETH Milan flight stipends. For a more detailed report feel free to dive into the report below:

JULY FUNDING OVERVIEW No. proposal Amount
Total proposed 13 $74,736.00
Total approved 6 $40,811.00
Total rejected 7 $33,925.00

Review process & evaluation - July Review

August

AUGUST FUNDING OVERVIEW No. proposal Amount
Total proposed 17 $91,928.00
Total approved 6 $37,188.00
Total rejected 11 $54,740.00

Review process & evaluation - (Report) August Proposal Review - Creatives DAO

September

In September CDAO was present at the NEAR APAC which ended successfully in Vietnam on September 10. Creatives DAO is proud to be part of the largest technology event in the APAC region.

  • More than 3000 results about #CDAO #BOS on near.org
  • 175 wallets created and refueled via the #CDAO booth
  • One of the busiest booths at the event
  • Swags giveaways & CDAO impressions

For a more detailed report, feel free to dive into:

SEPTEMBER FUNDING OVERVIEW No. proposal Amount
Total proposed 22 $106,346.00
Total approved 7 $36,991.00
Total rejected 15 $69,355.00

Review process & evaluation - September Proposal Review - Creatives DAO

October

Due to HoM’s decision, we had to revise the proposal to the following:

OCTOBER FUNDING OVERVIEW No. proposal Amount
Total proposed 14 $70,450.00
Total approved 2 $13,150.00
Total rejected 12 $57,300.00

Original approved proposals can be seen below:

November

In November, we decided to stop using our evaluation metric system described in the Charter, and we took a pro-individual approach to the proposals. The outcome can be seen below:

NOVEMBER FUNDING OVERVIEW No. proposal Amount
Total proposed 14 $40,840.00
Total approved 6 $27,080.00
Total rejected 8 $13,760.00

December

DECEMBER FUNDING OVERVIEW No. proposal Amount
Total proposed 7 $32,410.00
Total approved 5 $20,410.00
Total rejected 2 $12,000.00

12 Likes

Social Scores & Onchain Data


In July, the Giraffe agency was onboarded as the CDAO’s official SMM.

CDAO made two payments totaling $13,000, however, the outcomes were far from satisfactory and no report has been delivered.

The main contact person was Dagmara Szymanska:

Payments to Giraffe/Dagmara:

Since October, @near.insider has been representing the SMM role in the CDAO, and all reports are accounted for as follows:

The December proposal will be available at the end of the month.

Payments to NEAR Insider:

CreativesDAO Twitter in 2023
  • January:

  • Impressions: 59

  • New Followers: -3

  • February:

  • Impressions: 33

  • New Followers: -8

  • March:

  • Impressions: 71

  • New Followers: -4

  • April:

  • Impressions: 1,777

  • New Followers: 27

  • May:

  • Impressions: 5,086

  • New Followers: 19

  • June:

  • Impressions: 773

  • New Followers: 11

  • July:

  • Impressions: 2,348

  • New Followers: 40

  • August:

  • Impressions: 7,632

  • New Followers: 242

  • September:

  • Impressions: 10,200

  • New Followers: 74

  • October:

  • Impressions: 32,300

  • New Followers: 1,270

  • November:

  • Impressions: 11,700

  • Not available for now

  • December:

  • Impressions: 19,600

  • Not available for now

Posts on NEAR Social as creativesdao.spuntik-dao.near

CDAO has been on NEAR Social since the 1st of July 2023. Since then, the team has approved 38 function calls and gained more than 320 on-chain followers. Creativesdao.sputnik-dao.near was created on the 30th of January 2023. Since its creation, it has voted on 264 proposals and produced more than 1,000 on-chain transactions, all this managed by humans.

Moreover, the CDAO community was extremely active on NEAR Social in 2023, based on the data from Index: by trendingpostbos.near | Near Social


A Few Key Learnings

  • Initiatives focused mainly on supporting art creation do not add value for the DAOs and the broader ecosystem,

  • The DAO should broaden its scope to support individuals who seek to leverage NEAR in their projects, not limiting itself to communities,

  • The DAO should leverage web3 tools for community management,

  • The Charter will have to be revised based on the new and fresh approach,

  • Funding should occur on a milestone basis rather than upfront.


Stay Creatives,

CDAO Trustees (@Paul, @williamx, @kc_sollano)

19 Likes

Great work !
Thank you

9 Likes

Creatives DAO distributed $306,715 in 2023 over the course of 10 months (-80.35% from 2022 with $1,560,834 distributed over the course of 9 months).

It’s not something to be proud in terms of expanding, but we did our best to be fiscal responsible in distributing funding (Still, we had setbacks in items related to partnership & IRL events).

This report tells us what to take care for 2024 and provide insights for our budget plan for NDCV1.

Thanks everyone, especially my fellow councils @Paul @kc_sollano for their work so far.

Merry Christmas! :christmas_tree:

10 Likes

This is a complete report that shows a huge dedicated to the Near growth… I commend your efforts… And more power to your elbow… Long live Near!.. Long live creatives!!.. Merry Christmas!

5 Likes

Well stated with accurate transparency and accountability. Great job guys. C1 Guild are proud!!!

1 Like