Giveth / giveth-planning

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Biz Dev & Partnerships for QF #1659

Closed surbhiaroraa closed 8 months ago

surbhiaroraa commented 1 year ago

Objective: Get Money for QF

For context putting a screenshot of the discussion and proposal we had during GIVconnect.

Screenshot 2023-11-17 at 7 57 49 PM

cc: @oyealmond @missgene

@laurenluz @GriffGreen , since you have been leading the effort of getting the QF matching pool funds, can you help me with all the information you have, the pitch you used, and any deck or document you used while pitching/proposing to Optimism and Polygon for QF matching pool. It will just help to get a headstart on this.

surbhiaroraa commented 1 year ago

@WhyldWanderer @ahmadabugosh Can you please help me with the details of below mentioned metrics of our QF rounds:

  1. No. of projects which participated in each QF round
  2. No. Of unique donors ho donated during QF round to QF participating projects
  3. Amount of donations raised during QF round
  4. Amount matched in donations
  5. 5 projects which received max donations (inc the matching amount) during this QF round
GriffGreen commented 12 months ago

Some of this data is in here:

TL;DR of this alternative proposal

Giveth proposes to launch three Aragon-specific Quadratic Funding Rounds focused on supporting, as well as attracting builders and innovators within the Aragon ecosystem. Beyond just distributing funds, Quadratic Funding has proven to produce viral marketing campaigns, and this proposal hopes to bring this impact to the Aragon Ecosystem. To pull off this effort, incentivizing decentralized Aragon development and marketing the Aragon Ecosystem, Giveth seeks 295,000 USDC to fund and operate these 3 Aragon specific QF rounds. \~80% of the funds will be given directly to Aragon builders, the other 20% will be used run marketing campaigns, operate the rounds, and complete the required sybil analysis.

I. Executive Summary

Project Name: Quadratic Funding Rounds for Builders

Introduction: Giveth has been a friend of the Aragon Ecosystem since the very beginning. We collaborated with Aragon to create the ANT token and run the Aragon ICO. We also for 6 months ran an Aragon Dev team called the Aragon DAC and we have been using several Aragon DAOs on several chains still to this day.

Giveth’s primary product is an open-source web3 donation platform that operates on Ethereum Mainnet, Gnosis Chain, Polygon, Optimism, Ethereum Classic, and Celo, We provide a seamless P2P crowdfunding experience, free from fees and intermediaries. We are a hub for nearly three thousand individuals and initiatives, all geared towards building public goods and we have recently added Quadratic Funding (QF) to the platform.

QF is not your average grant program. While most grant programs can only give the funding that they have, QF incentivizes the community to pitch in and help to fund the development they want to see. It is not uncommon to see rounds where there is about as much donated as there are funds in the matching pool. Not only does QF attract more funding, but it also unleashes a viral marketing campaign, where the projects themselves are incentivized to get loud about their work and promote themselves and, in this case, Aragon, to anyone that will give them $1.

We are proposing to run 3 Aragon-specific Quadratic Funding Rounds in the coming year of 2024. These rounds, starting with a $25,000 matching pool, will escalate in size, culminating with a $150,000 round. This is designed to amplify engagement and attract a new wave of developers to Aragon's DAO ecosystem. The network effect that this will bring to Aragon’s open source development can’t be understated. Each round will be intentionally curated by the Giveth team with support from Aragon core team members. This effort is not intended to fund DAOs that are USING Aragon, but instead fund developers that are BUILDING with the Aragon tech stack.

\ Funding Request:

295,000 USDC

\ Payout Address:

giv.eth (0x4d9339dd97db55e3b9bcbe65de39ff9c04d1c2cd)

\ Duration: The rounds will span throughout the entirety of the year 2024.

Key Objectives: Outline the main goals and objectives of your project.

Timeline:

Q4 2023 - Preparation of Round 1

Preparation Phase: Set eligibility criteria, onboard new and existing projects, initialize the marketing campaign, and curate applicants for Aragon's inaugural QF round.

Q1 2024 - Round 1 Execution and Preparation of Round 2

Marketing Phase: Continue Marketing for Round 1. Execution Phase: Ensure the seamless execution of QF Round 1, projects will collect donations from the community, and at the end of the round we will conduct the Sybil analysis.

Fund Distribution: Distribute 25,000 USDC from the Aragon Matching Pool to Round 1 recipients.

Feedback Phase: Collect feedback from all stakeholders in Round 1 to improve for Round 2.

Preparation Phase: Onboarding and marketing to attract new old projects and open applications for Round 2.

Q2 2024 - Continue Marketing for Round 2, Round 2 Execution and Massive Marketing Campaign for Round 3

Marketing Phase: Continue Marketing for Round 2. Execution Phase: Ensure the effective execution of QF Round 2, projects will collect donations from the community, and at the end of the round we will conduct the Sybil analysis.

Fund Distribution: Distribute 60,000 USDC from the Aragon Matching Pool to Round 2 recipients.

Feedback Phase: Collect feedback from all stakeholders in Round 2 to improve for Round 3.

Marketing Phase: Initialize Massive Marketing for Round 3.

Q3 2024 - Massive Marketing Campaign over the Summer

Marketing Phase: Continue Massive Marketing Campaign for Round 3. Preparation Phase: Onboarding campaign to attract new & existing projects and open applications for Round 3. Note: Things naturally slow down over the summer so we don’t believe that it’s strategic to run a development-focused round in Q3.

Q4 2024 - Round 3 Execution and Presentation of a Report

Marketing Phase: Continue Massive Marketing Campaign for Round 3.

Execution Phase: Ensure the success of QF Round 3, projects will collect donations from the community, and at the end of the round we will conduct the Sybil analysis.

Fund Distribution: Distribute funds from the Aragon Matching Pool to Round 3 recipients.

Feedback Phase: Compile a comprehensive report for Aragon, summarizing the impact of all rounds and key findings.

II. Budget Details

Funding Allocation:

Round 1: 25,000 USDC

Round 2: 60,000 USDC

Round 3: 150,000 USDC

Sybil detection, marketing & admin costs: 60,000 USDC

Total Budget: 295,000 USDC

III. Expected Outcomes and Impact

Measurable Metrics will include:

IV. Team and Expertise

Giveth's team is a dedicated group of individuals with the skills and expertise necessary to ensure the success of the Quadratic Funding Rounds and effectively onboard the Aragon community. Key team members include:

V. Results from our previous Quadratic Funding Rounds

Quick Summary of Outcomes from Our Alpha Round (July 18- August 1st, 2023)

Quick Summary of Outcomes from our Optimism Round (October 9-23, 2023)

Useful links

Website: https://giveth.io/

Twitter: https://twitter.com/giveth

Instagram: https://www.instagram.com/giveth.io/

Youtube: https://www.youtube.com/givethio

Discord: https://discord.giveth.io/

Github: https://github.com/Giveth/

Contact Information: For further inquiries, please reach out directly to Brichis as I might be difficult to reach via these next few weeks while I attend the conferences in Istanbul. Telegram/Discord: @brichis Twitter: @brichis_ E-mail: brichis@generalmagic.io

laurenluz commented 11 months ago

@surbhiaroraa you can find all the info you need on the forum in our summary posts.

Alpha Round: https://forum.giveth.io/t/qf-alpha-round-results/1149 Optimism: https://forum.giveth.io/t/qf-optimism-round-results-october-9-23-2023/1226

laurenluz commented 11 months ago

what is this issue though? we are already creating a master sponsor doc: https://github.com/Giveth/giveth-planning/issues/1663

This started well before the retreat via @SnakeGH & myself. Rodri is already doing the designs