Doodles

Doodle ID for Kudos: #2076

Discourse: https://forum.doodles.app/t/miami-expenditure-proposal-discussion/1339/

Proposal:

• Reimburse the Founders for 137.63 ETH at once, or
• Don’t reimburse

Rationale:

• NFTNYC and Miami Art Basel expenditures totaled near 192.73 ETH in costs and 50+ ETH in assets given by the Founders. This proposal only reimburses for the necessary 137.63 ETH for quickly putting together the events of Miami Art Basel.
• The Founders saw Miami Art Basel as an opportunity to showcase the entertainment, art, and fashion potential of the web3 space and moved quickly to do so.
• Although unclear ROI and large expenditure, the Founders are confident that the Doodles have since secured a significant spot in history as an example of Web3 x Web2.

Moving Forward:

• The team intends on proactively approving budget proposals rather than retroactively proposing reimbursements.

Timeline: As approved.

Goal: To show significant and standout presence in Miami Art Basel as a NFT Project as well as a Web3 Entertainment Company.

Cost: 137.63 ETH

Accountability: Doodles LLC is responsible for any and all of its unapproved spending. This proposal is to reimburse some of the cost that the Founders have fronted to prepare and host immediate events. Discourse includes a breakdown of the proposed reimbursement as well as clarification by Founder Evan Keast of extra details and misunderstandings.

Voting Info:

• Quorum (Duffel Bags): 15%
• Majority: Yes or No