Proposal: Rarible Ecosystem Badge & Referral Rewards Governance Framework

TLDR
There are many ideas for projects, but what provides true value to the community is execution. This proposal is to take the proposal process a step further by streamlining the project in-take process and creating an awards/badge structure for community referrals and accepted proposals.

Problem / Opportunity
There is no current structure for rewarding community members who refer (but are not responsible for the delivery of) accepted proposals that deliver value to the ecosystem/community. By creating a framework for proposal acceptance that can standardize the submission process, we can also implement and track referral awards/incentives to community members.

see initial idea of possible rewards framework below (amateur drawing to save time)…

This also will allow us to get creative and test different awards formats till we find the right community mix. As the framework evolves, it will be important to track attribution to referrals/projects based on the terms when they were accepted (not what they might be in the future).

Funding Milestones and Payments

Funding Requested: 4 ETH

Sources & Uses

  • Create proposal submission framework hosted via Rarible branded URL.
  • 75% will go to development, design, CRM-centric backend, create affiliate referral network tracking framework, and reward attribution by project.
  • 20% to cover initial + recurring secondary/tertiary operational costs
  • 5% profit to project stakeholders

Milestones & Payments

Phase 1: define and implement dynamic proposal capture page with ability to manually track referrals and projects and published pages accessible by the ecosystem community. Build awards framework that can be tested and evolve overtime. Create community structure that defines the type of project e.g., marketplace, ecosystem (off-marketplace), etc.

Payment: 2 ETH Delivery Date: 05/31/21

Phase 2: bring together the front-end project and referral tracking framework with our current active “building the Rarible Ecosystem block by block” project that’s tracking project development milestones, stakeholders, and payment/rewards statuses. Activate automated processes for submission notifications (email) that include unique referral codes. Provide monthly updates to DAO on funnel of projects and opportunities learned.

Payment: 2 ETH Delivery Date: 06/21/21

Payments will be made to the following Ethereum address:

ETH Address: 0x794cB5C9fed7C1fb5C7F1B6ec13B090aa8ab9281

We consider ourselves independent contractors of the Rarible DAO and will report taxes accordingly. Forms W8-BEN and W9 will be filled out accordingly before funds get distributed to our team.

Business Model

After successful delivery of Phase 1 and Phase 2, will work with Rarible to evaluate on-going management or other services requiring recurring costs be covered. This will be available with open access to the community.

Team Members

The contact person for this project will be me (Matt Hoffman).

Contact information: m@startupalpha.com or Discord Hoff_theRecord#1776

How long has your team worked together? 8 Years

What other projects have you worked on? Several dozen tech companies ranging from inception (early-stage) to Enterprise (IPO/Public).

Accountability

Our project will attend weekly community calls, and provide updates on our milestones as we make progress. In the event that we can’t fulfil our commitment, funds will be returned to Rarible DAO. We will also work with community members to ensure updates are distributed through the Rarible communication channels.

We haven’t missed a community call in almost 3 months :slight_smile:

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