Nexus Mutual Grants

The budget for Mutant Marketing was put up for review on the Community Forum and is now up for a community vote.

Mutant Marketing is requesting 704 NXM and $233,980 for the next two operational quarters.

Members can review the forum post linked below, where we outlined our costs in terms of NXM and USD, as not all costs are paid directly in NXM or wNXM. The costs associated with marketing, graphic design, and contributor pay for part-time and full-time members of Mutant Marketing is denominated in part in USD to meet tax obligations and cost of living expenses. The rest of our expenses are denominated in NXM.

The NXM expenses are all allocated to staffing costs. In the next two quarters, we will be growing our team to include two Community Support staff to help us moderate and manage our social channels, while growing our engagement with the Nexus Mutant community. We will also look to add additional Nexus Community Ambassadors, though we expect the Nexus Embassies to grow in the following quarter once Nexus V2 has launched.

If passed, this proposal will provide the funding necessary for Mutant Marketing to implement marketing campaigns and scale our hub, as described in the Mutant Marketing: 2022 Roadmap post: https://forum.nexusmutual.io/t/mutant-marketing-2022-roadmap/771/1