The following proposal will allow the DAO to create a powerful presence at ETHDenver. This would include the sponsorship, hosting two events, and fund scholarships for ShapeShift DAO members to attend.
Motivation: Centralized ShapeShift has been attending and sponsoring ETHDenver for the last 5 years, as this event was in our own backyard. Now that we are a DAO and decentralized, we should consider many events, but what better way to start this DAO sponsorship theme than through our roots at ETHDenver. We would also be supporting another DAO, as with the genesis of Spork DAO in June 2021, ETHDenver is the first event based DAO in the world.
Our motivation to sponsor this event is the exposure and supporting the BUIDLer community around us. These attendees are motivated, educated and the right type of connections for our DAO to be building. The attendees of this event include students, developers, technologists, community leaders, educational professionals, entrepreneurs and more.
ETH Denver Event Sponsorship:
MetaLite Sponsorship - $20,000 Benefits 3 Sporkwhale tickets Logo on promos and PR Social, Blog and PR communications Sponsor table Bounty Prize Limit: $15,000 1 Panel Spot or 1 Workshop Bounties - $15,000 Swag for the table, and incentives to achieve our goals. $6,500 Tshirts/ Stickers $500 of this budget would go to designs Scholarships for DAO community members to attend $6,500 While the event is a free event, it does require travel to get out here. We would like to be able to fund at least 8 ShapeShift DAO members with a $800 scholarship to offset the costs of travel. They would have to work a shift at the booth and attend/ help host the party. Denver residents are not eligible. Workstreams can still sponsor the remainder of the cost of the trip for DAO community members. ETH Denver Event Sponsorship Total: $48,000
Fundraiser for Coin Center/ VIP Dinner Event (48 attendees):
Being a new DAO, many of us are interested in supporting the work of Coin Center. Coin Center is the leading non-profit focused on the policy issues facing cryptocurrencies. They engage in research, educate policymakers, and advocate for sensible regulatory approaches to this technology. Another reason for hosting a fundraiser as the DAO is to show we have a vested interest in this community and its future.
The theme of the dinner will be Wild West Pioneers. We will invite a few VIP guests of honor who have founded or greatly contributed to the Denver/ Colorado crypto ecosystem, including Erik Voorhees. This event will be sponsored by the ShapeShift DAO and will cost attendees a 0.5- 1 ETH donation to CoinCenter to attend. Our goal is to raise $100,000 - $200,000 for Coin Center and garner more exposure for our DAO. (Note: These amounts are subject to change, based on which VIP Guests we can secure.)
We would also like to create a 1-of-48 NFT set for the attendees of this party. There is a budget for design and minting below.
VIP Dinner / Coin Center Fundraiser:
Plated dinner for 48 - $7,300 Alcohol - $2,000 NFT design and minting - $2,500 VIP Dinner / Coin Center Fundraiser Total: $11,800
Pre-Party for ETHDenver: 225 attendees:
While the conference brings professional relationships and contacts with BUIDLers in the community, event parties typically provide a space to build long lasting relationships and opportunities for the DAO.
ETH Denver Pre Party:
Shuttle buses for the evening - $5,000 Heavy appetizers - $10,000 Staff - $3,000 Alcohol - $7,000 Entertainment - $5,500 Furniture rental - $2,000 Cleaning costs - $2,000 Event Planning Committee - $5,000 ETH Denver Pre Party Total: $39,500
ETHDENVER Total $99,300
The TMDC will facilitate the necessary USDC exposure for this proposal.
Benefits:
Colorado is at the forefront of new organizational structures and business models, Colorado Governor Jared Polis announced at the 2021 ETHDenver that Colorado intends to become the “first digital state” We would like to continue to build our relationship with Colorado and help them understand the benefits of DAOs. We would like to raise money for CoinCenter in hopes that we can help them to educate lawmakers and stakeholders about the benefits of DAOs.
Drawbacks:
The ask for $99,300 is not a small one, it should be considered carefully and weighed with the benefits and possible opportunities our DAO would create by sponsoring and attending these events.