Proposal: DAO Budget, Compensation, and Revenue Sharing Models

RobertoTalamas

bobwith2bees The $1.5K is a flat fee split among the organizers. Its not 1.5k per event planner. Sorry if that was not clear.

bobwith2bees

RobertoTalamas I grabbed these lines, perhaps out of context:

We propose to allocate $10,000 of the DAO’s treasury toward two member-only Events
we propose to pay event planners a flat fee of $1,500 per event organized

I was reading these snippets as a 10K budget for two events costing $1500 each to organize and manage, (no manual labor, no materials.) That leaves $7K for the events themselves. Am I correct?

RobertoTalamas

Jake I'll let Ryan chime in here. He is the one that understands the scope of the job better than anyone else.

CrystalGravy

bobwith2bees that's my assumption as well, that the $1500 x 2 comes out of the $10k allocated toward the member-only events.

MeganKay

bobwith2bees The logic behind this is about compensating people for non-sponsored events. There's still value in organizing lower scale private member-only events without sponsorship, so the intent here was not to disincentive non-sponsored events. Hope that makes sense!

RobertoTalamas

bobwith2bees good point. The intention is to allocate $10K entirely for events and $3K for the event planners. In total it would cost the DAO $13K. Happy to make amends if the community feels strongly about either one of those numbers.

MeganKay

Lots of talk here about the Community Manager income being part of a broader committee. To be fair though, I haven't really seen any other members consistently stepping up to lead and organize Community events. I do like the idea of the $3k/mo becoming part of a standing budget that the CM has the authority to divvy out based on contribution. Outside of the bigger events, I just haven't seen anyone other than Ryan stepping up to take initiative.

brennanmulligan

MeganKay This is the direction that I am leaning as well. We have someone currently working hard at this position and I, personally, feel they deserve to be compensated well considering the amount of work they have already put in, and will continue to put in. If Ryan feels that current commitments are unsustainable, it would make sense to consider broadening the team but if that is not the case then the case to split the pay is less strong in my opinion.

bobwith2bees

RobertoTalamas
Thanks this helps significantly (the compensation percentage went from 30% -> 23%.) I am just pointing out this is above market rate for an external event planner if you Google 'event planner percentage.'

It's close enough for me now. Events are core to the business, and we need exceptional execution on events to differentiate ATX DAO. Let's do this.

CrystalGravy

brennanmulligan Jake

i agree that the Community Manager role is one that can be a lot of work and lead to burnout. As a method to distribute that workload, we should consider a structure where the Community Manager gets a monthly stipend (based on hourly workload estimate) but Community Committee is also given a monthly monetary budget which is paid out to folks who organize/run these smaller weekly micro-events, manage the discord, etc.

512mace

Love this proposal and it's very exciting to see ATX DAO mature into a real-deal operation. Thank you Roberto, Megan, and Ryan - I know that this was a lot of work and took a lot of brain power.

Want to call out the potential need to hire a social media manager in the event that we don't have DAO members willing to handle that responsibility.

1m2m3

RobertoTalamas

RobertoTalamas thanks for putting this together Roberto 🫡

RobertoTalamas

1m2m3 my pleasure ser. ATX DAO making moves 💪🏻

RobertoTalamas

In order to push the proposal forward to an official vote I will be submitting a different proposal to address the community's feedback on Community Manager role.