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Monthly Status - Sep 2021

Rarible DAO

This month’s focus was to:

  1. Establish a developer and marketing workgroup
  2. Add some rigor to the existing workgroups through defined goals and accountability using reporting
  3. Onboarding new applicants to the protocol

9

Proposal accepted

542K* approved by the DAO

10

Full time contributors

30 participants attending weekly calls

~100

New followers on Twitter

Aiming to add 1000 new followers by next month

5 new

Projects on protocol

Screensaver.world, a no-code plugin, crowd investment protocol, and Ethblockart

$20.68*

Average Token Price

-0.5% change from August

440,902 RARI

DAO Treasury

$6.97MM in treasury with 13,361 RARI ($203K) distributed in June

*All $ stats are noted in USD

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Monthly DAO Expenses

September had higher expenses due to increased hiring and funding for our working groups

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Working group Highlights

Marketing/ Comms

847

Followers on Twitter

We’ve added ~100 followers in the last 15 days (to be stated more accurately next month - KPI created).

Next: Increase followers, compile engagement survey results, start giveaway campaign

How: Develop engagement plan, finalize structure of giveaway campaign better quality content.

Ops

Developers

Dev Relations

Built onboarding flow & accountability framework

Established a new onboarding flow on rarible.org, notion, forum, & discord and developed monthly reporting

Next : Improve WG Tooling, DAO tooling, refine proposal process, finalize payments and related software

How: Replace Alchemy with a combination of multisig wallet, snapshot, and token.

5

developers on team

Completing onboarding and transitioning devs to full-time work. Working on 2 projects

Next: Finish transitioning & onboarding the last few of us and engage community to add new projects.

How: Waiting for previous commitments to end so we can all join fully

Improving dev documentation and creating hackathon playbook

Focus is to restructure dev resources and technical documentation.

Next : Preparing documents for stakeholder review and presenting hackathon playbook next week

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Working group Highlights continued

Biz Dev

16

Partners (actively exploring) in pipeline

Partners are primarily inbound

Next : Initiate conversations with potential partners

How: Setting up biz dev framework for opportunities in web 2.0 and 3.0

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Activities

Status

Details

Next Steps

Create a weekly content model for Twitter posts

  • Google sheet created to keep track of daily posts and KPI’s.
  • Posts and engagement with other accounts/posts have been happening daily since Sep 16th

Evaluate the level of engagement on each post to learn what type of content triggers more engagement, so we can then reassess our weekly model.

To be done every EOM.

Survey

  • Survey was first announced on Sep 16th and have already been shared on Discord, Twitter and Newsletter.

Compile the data and evaluate the results EOM and create an action plan according to the results.

Giveaway campaign

  • NFT or token giveaway to increase our Twitter following exponentially.

Agree on a model and structure for the campaign. Set specific KPI’s (TBD)

Group Contributors:

Max, Mariana, Diego, Nathalie and Mark

Current goal/ priority:

Reach 10,000 followers on Twitter.

Needs support

Behind

On track

Working group Marketing

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Activities

Status

Details

Next Steps

Onboarding Flow

  • Ops has finalized the onboarding flow and will have it ready for review by end of September.

Review updates to rarible.org and notion with other working group members to ensure it is simple for new members to contribute

Accountability & Reporting

  • Drafted high level accountability framework and sent out the current reporting template to various working groups to track performance.

Share findings and improve reporting based on community feedback.

WG Governance

  • Ops will restructure Working Group voting and compensation mechanics

Add multsig wallet, snapshot, & WG token

Group Contributors:

Eric, Mark, Noah, Sarmad, Max

Current goal/ priority:

Create a simple onboarding flow, organize docs, and hold individual working groups accountable

Needs support

Behind

On track

Working group Ops

Total Spend: $10,268

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Group Contributors:

Eric, Mark, Noah, Sarmad, Max

Current goal/ priority:

Create a simple onboarding flow, organize docs, and hold individual working groups accountable

Working group Ops

September WG Use of Funds

Proposal

Category

Description

Amount

Status

Bounty for Antho1404

Bounty

For work performed for Dev Relations

$100

Executed

Bounty for Diego

Bounty

For work performed for Marketing

$250

Executed

Compensation for Mark

Salary

Monthly compensation for Mark

$3,000

Passing

Bounty for Bold

Bounty

Martin has written a piece that showcases the protocol features

$150

Passing

Bounty for Chusla

Bounty

Helping out with tech support

$88

Passing

Refund for Aragon Dao

DAO Expense

Testing DAOs with Aragon

$400

Passing

Eth Lisbon Extra Funds

Marketing

$1,680

Passing

Compensation for Max

Salary

Monthly compensation for Max

$1,500

Pending

Compensation for Noah

Salary

Monthly compensation for Noah

$3,000

Pending

Total

$10,168

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Activities

Status

Details

Next Steps

Onboarding

  • Getting the whole group transitioned from old work into DAO work
  • 2 folks still not fully transitioned

Transition two remaining devs

Process design��

  • Spinning up needed processes for the dev group: decision-making, PM, payroll, gathering info from community.

Complete setup of processes

Coordinating w/ Rarible.com

��

  • Spoke with rep from rarible.com -- we agreed the groups should coordinate

Set up regular meetings with Rarible rep

Group Contributors:

Ezra, Stefan, Matt, Brandon, Zak, Eric

Current goal/ priority:

Onboarding and getting processes going

Needs support

Behind

On track

Working group Developers

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Activities

Status

Details

Next Steps

Documentation Restructuring

  • Wholesale reorg of developer resources and technical documentation.
  • Potential migration of DAO documentation and info from notion to Gitbook at docs.rarible.org

Angus and Eduard working on preproduction docs to get them ready for review by other stakeholders.

Hackathon Playbook

  • Consulting with different teams to come up with a reusable action plan for future hackathons
  • Draft doc and tasks plan done this week

Hackathon action plan draft by next week

Group Contributors:

Ezra, Stefan, Matt, Brandon, Zak, Eric

Current goal/ priority:

Onboarding and getting processes going

Needs support

Behind

On track

Working group Dev Relations

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Activities

Status

Details

Next Steps

Setup biz dev Notion as centralized repo

  • Create database for all biz dev activities

Add content including biz dev pitch deck and script for DAO pitch

Onboard core biz dev team members

  • Form a team of core biz dev members who will be responsible for leading partner convos

Communicate the core team to the DAO

Group Contributors:

Rohan, Eric, Andreas

Current goal/ priority:

Build a pitch deck and script for pitching Rarible DAO

Needs support

Behind

On track

Working group Biz Dev

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Protocol Project Update

Currently the project runs on Pologyn L2 and is looking to use the Rarible protocol to build auction and minting edition mechanics.

  • Funding to be used for front-end dev work

Screensaver.world

~400

Artists

Seen steady growth of users

An NFT marketplace.

It was founded on a very simple principle - build a marketplace as a community dao, built in opposition to venture capitalized behemoths like OpenSea.

7000 +

mints

Seen steady growth of users

$20K

in transactions

Seen steady growth of users

  • Milestones:
    • Milestones 1: UI design and mapping architecture
    • Milestones 2: Implementation of Rarible protocol and frontend development
    • Milestone 3: Swapping NFTs from previous contracts to new Rarible protocol contracts