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KEY TAKEAWAYS
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Non Recurring Contributor Costs
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Non recurring contributor costs for the Membership team are typically the highest of all teams due to the Host Committee
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Additional areas where nonrecurring contributor costs were high in the first season of the year were SourceCred being distributed
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in February under Membership. We are exploring more efficient ways to streamline costs under membership over Season 6.
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An increase in engineering assistance for the Product team in February and March for Gatekeeper and Member Directory and Events/Cities where many expenses are to entities or individuals that are non members or for services like venue fees, etc.
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Non Recurring Contributor Payments Shift
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In Season 6 the DAO will explore shifting non recurring USDC contributor payment models into native token $FWB to bolster organic
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economic activity within FWB
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Events
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Events have been operating at break even or better which they have successfully achieved over the past two
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seasons. Going forward we'll explore models of operating at a modest surplus to supplement the DAO treasury.
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Cities
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Cities monthly outflow is high. We'll continue to explore revenue opportunites and continue to expand on more sustainable Cities models
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like City Keys and OurCred.
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Hackathon Revenue
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The revenue from the Product Hackathon we did in conjunction with Rally hit our income statement in January of this year but payouts hit in
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April.
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Redirecting Resources
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A key focus for Season 6 is reallocating more resources into Membership and Product
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