Purple DAO

**TLDR: ** This proposal requests 5 ETH to help fund Farcon and 5 ETH to help fund the three day Hackathon that will accompany Farcon. The team (lead by Ted) has already secured locations, speakers, sponsors, and much more. We have over 300 applications to the event and close to 200 precommits. Tickets will go on sale next week!

Why is this good for Farcaster? This event will grow qDAU because it is a way to expose builders and creators to farcaster. As a grassroots effort Farcon helps reach new community members where they are and build strong relationships that will persist on farcaster, and become hubs for future network growth.

Overview: Last year Grin & Cameron hosted the first Farcon in Boston. The event was well loved by attendees and a great kickoff to the URL<>IRL flywheel. This year we’re going big with five days of programming. A welcome party on Wednesday the 1st, the Summit itself on Thursday the 2nd, and the Hackathon/Side events weekend the 3rd-5th.

Larger events means more logistics and costs. It also means being more dependent on sponsors. Support from Purple will help us ensure the influence of the community is well represented when weighing the tradeoffs that have to be madeduring planning.

Budget The total requested budget is 10ETH. 5 ETH for Farcon and 5 ETH for the Hackathon. This budget will be used to create high quality Farcaster swag who’s only stakeholder is the community and to help cover costs for attendees who need help with travel and childcare.

Multisig A new ⅔ multisig has been created on Ethereum mainnet at the address eth:(TBD Address), with @matthew, @mcbain, and @ted as signers. We’ll use this multisig to collect funds and approve reimbursements.