m3taversal
1073c231c8
Co-authored-by: m3taversal <m3taversal@gmail.com> Co-committed-by: m3taversal <m3taversal@gmail.com>
96 lines
5 KiB
Markdown
96 lines
5 KiB
Markdown
---
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type: source
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title: "Futardio: Fund The Drift Working Group?"
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author: "futard.io"
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url: "https://www.futard.io/proposal/6TkkCy26HCqxWGt1QgfhFHc6ASikRjk74Gkk4Wfyd7wR"
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date: 2025-02-13
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domain: internet-finance
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format: data
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status: unprocessed
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tags: [futardio, metadao, futarchy, solana, governance]
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event_type: proposal
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---
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## Proposal Details
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- Project: Drift
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- Proposal: Fund The Drift Working Group?
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- Status: Passed
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- Created: 2025-02-13
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- URL: https://www.futard.io/proposal/6TkkCy26HCqxWGt1QgfhFHc6ASikRjk74Gkk4Wfyd7wR
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- Description: Drift would like to establish a working group called the Drift Working Group, following successful models in the Solana ecosystem. The working group model is designed to create a **self-sustaining ecosystem** of engagement, education, and growth for Drift. The working group will operate independently, with initial collaboration with the Drift core team during formation.
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## Summary
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### 🎯 Key Points
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The proposal aims to establish the Drift Working Group to foster community engagement, education, and growth through initiatives like content creation and community activation, with an initial funding request of 50,000 DRIFT for a 3-month trial.
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### 📊 Impact Analysis
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#### 👥 Stakeholder Impact
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The working group will enhance community involvement and knowledge, benefiting both new and existing Drift users.
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#### 📈 Upside Potential
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Success could lead to a more vibrant and engaged community, driving higher participation and retention rates.
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#### 📉 Risk Factors
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The initiative's effectiveness is uncertain and may not yield the desired engagement levels, risking the allocated budget and resources.
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## Content
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**Success guidelines:**
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* Creation of new and engaging community initiatives
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* Increased level of engagement with Drift across various channels
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* Higher engagement across X (i.e impressions, replies, etc.)
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* Increase community participation in Discord
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**Proposal:** This proposal is to fund a community-run Working Group. The proposal requests 50,000 DRIFT for funding the initial set-up and 3 months of operation.
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## **Proposal Overview**
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Drift would like to establish a working group called the Drift Working Group, following successful models in the Solana ecosystem. The working group model is designed to create a **self-sustaining ecosystem** of engagement, education, and growth for Drift. The working group will operate independently, with initial collaboration with the Drift core team during formation.
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This is an experimental initiative with plans to growth based on the program’s success. The DWG will be led by a community member with a proven track record. The DWG will undergo a 3-month trial period before we build up learnings and next steps.
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## **Key Activities**
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* **Content Creation:** Develop high-quality content through different mediums like tweets and videos, to inform and engage the community about Drift’s offerings.
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* **Community Activation:** Implement initiatives (”Community Rituals”) to boost community participation, such as live-streamed trading sessions and community takeovers.
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* **Education Development:** Create comprehensive educational materials to guide new users and breakdown more complex features of Drift.
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## **Leadership & Structure**
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The DWG will be led by Socrates, bringing 3+ years of crypto marketing expertise and technical background. His focus spans user acquisition, content strategy, and brand awareness. He has supported notable brands such as Brave, Sui, Helio, Shaga, and Streamflow. The initial team will be composed of Anay and 4 working group members, with a total monthly budget of 15,400 DRIFT.
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**Budget**
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* The total budget for the working group is 50,000 DRIFT tokens. This amounts to 15,400 per month for three consecutive months as trial, with 3,800 DRIFT allocated for additional initiatives.
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* Any unused budget will be returned to the DAO.
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**Monthly Budget Breakdown**
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* Working Group Lead: 5,000 DRIFT
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* Team Members: 2,600 DRIFT
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* Initial team size: Lead \+ 4 members
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* **Additional Sponsorship**: Allocated budget for community initiatives
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## **Timeline & Urgency**
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* Launch Target: End of February 2024
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* Market Context: The current competitive landscape necessitates swift action to attract and retain talent, as similar initiatives are emerging.
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* Governance: DAO approval is required prior to the formation of the DWG.
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## **Operational Framework**
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* **Weekly Reporting**: The working group lead will provide regular updates to the Drift team.
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* **Performance Tracking**: Metrics will include individual KOL deliverables, community sentiment analysis, and internal feedback collection.
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* **Fund Management**: Funds will be managed through a 2/3 multisig wallet, comprising the working group lead and two members of the Drift team.
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## Raw Data
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- Proposal account: `6TkkCy26HCqxWGt1QgfhFHc6ASikRjk74Gkk4Wfyd7wR`
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- Proposal number: 2
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- DAO account: `8ABcEC2SEaqi1WkyWGtd2QbuWmkFryYnV1ispBUSgY2V`
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- Proposer: `proPaC9tVZEsmgDtNhx15e7nSpoojtPD3H9h4GqSqB2`
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- Autocrat version: 0.3
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- Completed: 2025-02-16
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- Ended: 2025-02-16
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