Title: Season 8 Seasonal Funding (corrected)

Proposal Champion: p8ul.eth

Date: May 10th, 2023

S8 funding snapshot

Per current operating procedures, Department, Guild, and Project funding requests were reviewed by the Grants Committee and were approved for a total of 19,431,151 BANK and 2,000 USDC.

With the Grants Committee Allocation and the Grants Committee Project fund included, the grand total is 27,133,151 BANK and 2,000 USDC.

Of this amount, 50% of Project Funding (5,756,989 BANK) will be held by the Grants Committee Multisig to disburse mid-season, based on KPIs being reported.

This proposal seeks to ratify the distribution of the budgeted allocations detailed below.

SPECIFICATION

Department Funding = 3,572,261 BANK + 2,000 USDC

• Operations Department = 1,286,520 BANK
• Marketing Department = 1,180,000 BANK
• Education Department = 674,500 BANK
• Treasury Department = 431,241 BANK + 2,000 USDC

Guild Funding = 4,344,912 BANK

• AV Guild = 344,560 BANK
• Writers Guild = 952,000 BANK
• Design Guild = 668,640 BANK
• Developers Guild = 0 BANK
• Project Management Guild = 594,720 BANK
• Research Guild = 668,640 BANK
• Translators Guild = 78,000 BANK
• Legal guild = 320,432 BANK
• DAOlationships guild = 717,920 BANK

Project Funding = 11,513,978 BANK

• Newsletter Team = 1,653,000 BANK
• Bankless Publishing = 999,978 BANK
• Bankless Africa = 2,097,500 BANK
• DAOStewards = 600,000 BANK
• The Rug = 1,978,500 BANK
• International Media Nodes = 1,950,000 BANK
• Global Events = 350,000 BANK
• InfoSec = 923,000 BANK
• Governator = 630,000 BANK
• Making Bank = 332,000 BANK

Grants Committee Allocation = 702,000 BANK

Grants Committee Project Fund = 7,000,000 BANK

Grand Total Seasonal Funding Request: 27,133,151 BANK + 2,000 USDC