D_AGENCY DAO S1 BUDGET
D_Agency is a collective venture builder.
It is built up from the best talent in D_D to face and build collectively curated products and services that provide value for us and for others.
Agency DAO is a coordinated effort to assemble a super team of the best developers, designers, and product managers of Developer DAO, offering their collective services to build Products for web3 organizations, creating a revenue-generating program for the DAO, while helping our members have a flexible, well-paid source of income. The proposed budget is 56,400 $CODE to be distributed over four months.
Scope of work:
The first phase of D_Agency will work to set up the foundational structure to enable the future success of the proposed DAO dynamics within the exterior. The initiative will work to complete from one to three paid projects during Season 1. To accomplish that, the following steps need to be taken.
- Assemble a Core Team that will deliver the initial projects.
- Work with MBD Guild to build a framework that will funnel projects to D_Agency.
- Create a base operational framework that will allow the Core Team to deliver on time.
- Create a Reward System that will enable above-the-market rewards for Core Team, while ensuring revenue for the DAO.
A core team is required to manage the process, infrastructure, and strategy and support all the building efforts. An initial managing structure will be needed in order to push the creation of the required relationships, traduce company-like funnels into decentralised structures, and provide the framework of trust that an external organization will need to open a client-provider relationship good enough to be able to target big enough projects to fund this proposal.
A multi-sig safe may be created and operated by the core team.
Current members in charge of the multi-sig:
- Erik_Knobl (Will does not receive rewards from this initiative)
Core team members will be evaluated at each season with the set of needs promoted to the next one.
Contributors to Agency DAO are expected to be the star builders of Developer DAO, and will be expected to deliver projects efficiently, and therefore should be rewarded with $CODE at a higher rate than any other project in the DAO, in addition to any other rewards depending on the project where they are recruited. The amounts are based on an hourly rate of 20 $CODE, as suggested in the $CODE Rewards proposal, and an average of 20 weekly hours.
20 $CODE * 80 monthly hours * 4 months = 6,400 $CODE / Season.
After the season, and always with a data-driven perspective to evaluate how D_Agency has performed based on a series of KPIs to be defined during the season.
|Coordinator||Gordo||* Lead the recruitment process for the initial team.||6,400|
- Stabilish & polish venture funnel. Coordinate with MBD Guild the framework for these relationships.
- Create a Rewards System for top contributors|6,400|
Qualifying funnel for interested people in participating at agency-dao.
Based on the projects that go into the funnel and get accepted, a part of the season $CODE pool will be allocated to them accordingly based on the project effort per collaborator.
The assignment of $CODE is separated from each project economics and client relationship.
Each project entering the final step of the qualifying funnel will need a leader.
The leader will assume responsibility for the project and the assignment of CODE to participants from start to finish. He/she will assume sole responsibility for the correct managing allocation of the tokens between the project participants.
Breakdown of project budgets and percentages:
- 10% to Developer DAO.
- 10% to D_Agency Core Team.
- 80% to all Contributors in the season, based on the agreements.
Define a qualifying process with MBD.
Create a reward structure for acquiring D_Agency matching clients/ventures.
Define and document verticals and project definitions that match the working possibilities of the team structure.
Collaboration with the MDB team to have collaborative conversations on potential projects that may be able to turn into a client. Document and profile documentation to define the correct client persona.
Each season, D_Agency will create a Seasonal Portfolio where they will pool all $CODE received. A detailed DDIP will be released in the first month of Season 1 with the complete definitions on how this Portfolio will work, but the overall concept is that it will be split between all Contributors during the Season, depending on the overall contributions. This will take place at the end of the season.
D_Agency will handle the paperwork and legal structures required for our members to earn compensation with a superior hourly rate. Members simply have to show up and start contributing.
For Season 1, considering the uncertain value of $CODE, and to increase the rewards to our starting team of Contributors, Agency DAO proposes to give 10% of the total pool of the Seasonal Portfolio to Developer DAO.
Success Metrics and KPIs
- 1-3 projects are on schedule/delivered at the end of the Season.
- 50% of the tasks assigned to Contributors are being done on time.
- 60% of Contributors at the end of the Season are willing to continue on the project.
This is the detailed list of all $CODE requirements for the goals of the project: