The 8DAO contributor team hereby present the Season 7 (1 April 2024 - 30 Sep 2024) proposal to 8DAO members.

Season 7 Strategic Goal

“Diversify Tokens In 8DAO Treasury”

In season 7, 8DAO contributor team established a new strategic objective: "Diversify Tokens In 8DAO Treasury". With the recent resurgence of the bull market, it's an opportune time for investment. Diversifying our treasury token is essential for enhancing and stabilizing our financial standing. This strategy allows us to spread our treasury across a broad array of tokens. With this in mind, our token treasury diversification could involve investing in a variety of established tokens. A promising strategy might be to invest in the top 100 market cap cryptocurrencies. The decision to diversify the portfolio will be ratified by the contributor team. An updated portfolio summary will then be available for members to review. In season 6, a substantial proposal was put forth to swap 150,000 USDT from the treasury and convert it into Ethereum (ETH). This move was seen as a strategic decision to diversify the treasury's holdings and leverage the potential growth of Ethereum. As of the present date, March 25, 2024, this decision has proven to be a sound one. The value of Ethereum has seen an impressive increase, surging by over 50% since the swap was made. This significant rise in value has not only justified the initial swap but also shown the potential benefits of such strategic financial decisions. This season's key content is as follows:

1. One of our main strategies will be to invest in the top 100 market cap cryptocurrencies using the treasury fund. This diversification will provide us with exposure to the entire crypto market, allowing us to leverage the potential high returns that these assets may offer.

2. We have also decided to downsize our contributor team from 6 to 5 people. This decision was made after careful consideration, and we believe that a smaller, more focused team will be better able to take on the challenges and opportunities that lie ahead.

3. Lastly, we will be holding real-life events where we will share and discuss the current hot topics in Web3, such as BTC layer 2, DePin, and others. These events will serve as a platform for networking, learning, and sharing insights and predictions about the future of these technologies.

Season 7 Core Contributing Team

Season 7 Proposed Activities

Unit 1: Strategy Lead

General responsibilities:

1. Setting key strategy of each season

2. Monitor and ensure tasks conducted by all contributors follow the strategy

3. Discuss task planning with each contributor and review execution plans and results

Unit 2: Coordination Lead

General responsibilities:

1. Investment Execution

2. NFT fund 2 operation

3. Treasury operation

4. Community operation

5. 8DAO Foundation Bookkeeping

Unit 3: Creative Lead

General responsibilities:

1. 8DAO social media

2. Event marketing materials

3. Organizing X Space (Twitter Space)

4. Event design

Unit 4: Event Lead

General responsibilities:

1. Preparing events and plans

2. Discussing and working with different partners to develop, manage, and operate those events

3. Exploring the revenue opportunities from providing event services to those partners.

Season 7 Budget (6 months)

The 8DAO contributor team hereby present the Season 6 (1 Oct 2023 - 31 Mar 2024) Proposal to 8DAO members.

Season 6 Strategic Goal

“Grow the treasury via opportunities in  Ethereum Ecosystem”

In season 6, the Executive Committee has agreed to set a new strategic goal: “Grow the treasury via opportunities in Ethereum Ecosystem”. As a NFT and DAO focused community, the team believes ethereum will continue to play a leading role in the coming cycle. Focusing opportunities in the ethereum making our capital allocation more efficient through the team and community’s knowledge and experience of the ethereum. As the time length of the bear market continues to be unclear, we believe it’s in the community’s best  interest to maintain operating costs at a low level. Here are the key content of the proposal:

1. Convert 60% of treasury 150,000 USDT/USDC  to ETH. Option by Executive committee to stake the ETH in low-risk protocols to earn passive income for the treasury

2. NFT fund will continue to look for NFT investment opportunities in Ethereum

3. Extend seasonal length from 3 months to 6 months. This will help to reduce administrative hours which lead to lower operating costs

4. Instead of proposing goals and tasks by each contributor at the beginning of each season in the past, from season 6,  all contributors' roles and contribution hours will be set at a level that maintains the basic operation functions of each position. A general budget will given to the Executive Committee to decide if to support certain initiatives proposed by the contributors or the community in the middle of the season

5. As the executive committee agreed to slow down venture investment given the market conditions, rotation of the Investment Committee will be paused.

6. Down size contributor team from 10 to 6 people and strictly control the hours to control compensation expense

Season 6 Core Contributing Team

Season 6 Proposed Activities

Unit 1: Strategy Lead

General responsibilities:

1. Setting key strategy of each season

2. Monitor and ensure tasks conducted by all contributors follow the strategy

3. Discuss task planning with each contributor and review execution plans and results

Unit 2: Product Lead

General responsibilities:

1. Provide analysis on MocaDAO proposals and significant ApeCoin DAO proposals

2. Participate in other community led initiatives within the MocaDAO like G’s United Moca Hallway

3. Explore revenue opportunities with Mocaverse

Unit 3: Coordination Lead

General responsibilities:

1. Coordinating events and collaboration opportunities with key partners including OKX,  Animoca, Hashkey and Hong Kong Cyberport

2. NFT fund 2 operation

3. Treasury operation

4. Community operation

Unit 4: Creative Lead

General responsibilities:

1. 8DAO social media

2. Event marketing materials

3. Organizing X Space (Twitter Space)

4. NFT event design

Unit 5: Event Lead

General responsibilities:

1. Preparing events and plans

2. Discussing and working with different partners to develop, manage, and operate those events

3. Exploring the revenue opportunities from providing event services to those partners.

Season 6 Budget (6 months)

The contributors hereby present the Season 5 (1 July - 30 September 2023) Proposal to 8DAO members.

Season 5 Strategic Goal

“Enhance Treasury Economics”

In season 5, the Executive Committee has agreed to continue Season 4’s strategic goal of “Enhance Treasury Economics”. The purpose is to establish a sustainable financial mechanism for 8DAO. We expect the bear market will last for an extended period of time, and a closer look at our costs and cash position is a prudent arrangement. 3 main points:

1. Continue to be cautious with expenditure. Cut all unnecessary costs as much as possible 2. Finding a web3 revenue model in the bear market is difficult. The team will be realistic about this when it comes to initiative planning 3. Be cautious with investment risk and adopt a more conservative approach

Season 5 Core Contributing Team

Season 5 Proposed Activities and Budget

Unit 1: Coordination Lead

Objectives:

1. Cost control. Ensure a healthy runway 2. Focus on DAO builder initiative, FrenArt and NFT fund 3. Venture Studio initiative: Explore various kinds of partnerships, building 8DAO brand and ecosystem

Budget:

25K 8DAO, 15K USDC

KPI:

1. Participate in other DAO governance through materials creation and voting delegation. ApeCoin DAO and Moca DAO are the two main DAO the team is trying to build. Establish the delegate, analyze and participate in 5 proposal votings 2. Launch of NFT fund

Review of Season 4 KPIs

Unit 2: Incubation Lead

Objectives:

1. Provide thought leadership on DAO related matters 2. Provide analysis on MocaDAO proposals and significant ApeCoin DAO proposals 3. Become an active community member and delegate in MocaDAO

Budget:

Nil

KPI:

1. Receive delegation of at least 20 Mocas in MocaDAO 2. Write 6 twitter threads (2 per mth) and 3 articles (1 per mth) regarding DAOs in general, MIPs or AIPs.Sample: https://twitter.com/8DAO8DAO/status/1669922608597590016

Review of KPI from season 4:

Unit 3: Treasury Lead

Objectives:

1. Seeking collaboration opportunities with HK CyberPort for web3 events and government programmes

2. NFT fund 2 operation

Budget:

5K 8DAO, 7K USDC

KPI:

1. Collaborate at least one for web3 events or government programmes with HK Cyberport

2. NFT fund 2 operation setup & updates for investor

Review of Season 4 KPIs

Unit 4: Community Operations

Objectives:

1 .Facilitate Community events and initiatives to boost community engagement

2. Design and production of different types of quality merch for members

3. Support member registration

4. Support member website

Budget: 1K USDC

Review of Season 4 KPIs

Unit 5: Creative Lead

Objectives:

1. Strengthen the 8DAO brand identity.

2. Provide creative strategy for FrenArt and DAO builder initiatives

Budget: 800 USDC

KPI:

1. Increase 8DAO twitter followers to 6.5k

2. Hold 2 Twitter spaces for 8DAO / FrenArt

Review of Season 4 KPIs

link 1 / link 2 / link 3 / link 4 / link to details 5

Unit 6: Event Lead

Objectives:

1. Explore revenue streams, working with other leads on DAO builder initiative

2. Craft and submit proposals to other DAOs and earn revenue for 8DAO treasury

Budget: 30K 8DAO, 15K USDC

KPI: 1. Submit at least 2 proposals in other DAOs 2. Pass at least one proposal and receive payment from another DAO 3. Arrange and hold at least 2 events or some other initiatives, at least one of them gets paid.

Review of Season 4 KPIs

Unit 7: Japan Lead

Objectives:

1. To increase awareness within the Japanese community by supporting the local events

2. To increase the number of Japanese members

3. Expand and establish the structure of the team in Japan

4. Execute 1 community driven initiative in Japan

5. To assign 1 contributor from JPN community

Budget: USDC: 8K (Event Sponsor x 2, expense,community driven initiative)8DAO: 3K (Contributor from May)

KPI:

1. To reach 300 people related to NFTs in Japan

2. At least 12 new members to join from JPN

3. Grow Japan contributor team by 1

4. Execute 1 community driven initiative in Japan

Review of Season 4 KPIs

Unit 8: Strategy Lead

Objectives: 

Advice on overall DAO strategy, community, social, events and partnership opportunities. Framework on KPI setting and governance.

Budget: 

-

KPI: 

1. 1-2 one-on-one sessions with each leads and contributors per season

2. Help host Twitter spaces and in person events

3. 
   

Review of Season 4 KPIs

Consolidated 8DAO KPI

1. Participate in other DAO governance through materials creation and voting delegation. ApeCoin DAO and Moca DAO are the two main DAO the team is trying to build. Establish the delegate, analyze and participate in 5 proposal votings

2. Launch of NFT fund

3. Receive delegation of at least 20 Mocas in MocaDAO

4. Write 6 twitter threads (2 per mth) and 3 articles (1 per mth) regarding DAOs in general, MIPs or AIPs.

5. Collaborate at least one for web3 events or government programmes with HK Cyberport

6. NFT fund 2 operation setup & updates for investor

7. Increase 8DAO twitter followers to 6.5k

8. Hold 2 Twitter spaces for 8DAO / FrenArt

9. Submit at least 2 proposals in other DAOs

10. Pass at least one proposal and receive payment from another DAO

11. Arrange and hold at least 2 events or some other initiatives, at least one of them gets paid.

12. To reach 300 people related to NFTs in Japan

13. At least 12 new members to join from JPN

14. Grow Japan contributor team by 1

15. Execute 1 community driven initiative in Japan

16. 1-2 one-on-one sessions with each leads and contributors per season

17. Help host Twitter spaces and in person events

Consolidated Season 5 Budget

Contributor Compensation Rates Level 1: $55/hour Lead Contributor Level 2: $40/hour Senior Contributor Level 3: $25/hour Contributor Level 4: $15/hour Basic Contributor

*Up to 30% compensation in USDC, the rest in 8DAO *1.2x multiple for 8DAO token compensation.

The contributors hereby present the Season 4 (1 April - 30 June 2023) Proposal to 8DAO members.

Strategic 4 Goal

“Enhance Treasury Economics”

The purpose is to establish a sustainable financial mechanism for 8DAO. We expect the bear market will last for an extended period of time, and a closer look at our costs and cash position is a prudent arrangement. 3 main points:

1. Focus on cost control and the financial benefits of all DAO initiatives. A positive cash flow mindset.

2. Explore different capital allocation options. Study the possibility of deploying capital across different options. Capital growth while taking on calculated risks acceptable to the community.

3. Prioritize new initiatives that can bring in cash flow or liquid assets in the short term.

Major executive structure change:

A new, flatter team structure to replace the old block leader + contributor system. We envision 9 unit leads spearheading the various functions of 8DAO, with other general contributors reporting to them. All unit leads are candidates for the executive committee. We will implement an election process in which all contributors vote (5 votes each, open voting) to select the 5 Executive Committee members. The election takes place once at the beginning of each season.

Executive committee key functions:

1. Handle the following key decision making for 8DAO a. Approve use of treasury funds for all expenses exceeding USDC 1000, within each seasonal budget b. Approve partnerships c. Approve contributors’ commitment hours and compensation d. Select investment committee members

2. Review and approval of seasonal budget proposal

Main Objectives of executive structure change:

1. Ensure Executive Committee members who have the power to make core executive decisions are those who are recognised and voted in by fellow contributors, in terms of their decision making ability, contribution performance, integrity and putting 8DAO interests first.

2. Meritocratic Progression - Ensure new contributors who perform well have the opportunity to enter the core decision making group, the Executive Committee.

3. Increase the number of contributors doing peer assessment. Improve accountability

4. Making the DAO function not reliant on any individual. Reduce key-man risk.

5. Making the executive structure more flat, with more specific roles focused on leveraging each contributor's core skill set.

Revised Contributor Compensation Rates

Level 1: $55/hour Lead Contributor

Level 2: $40/hour Senior Contributor

Level 3: $25/hour Contributor

Level 4: $15/hour Basic Contributor

*Up to 30% compensation in USDC, the rest in 8DAO *USDC percentage cap increased from 20% to 30%.  1.2x multiple for token compensation.

Season 4 Core Contributing Team

Season 4 Proposed Activities and Budget

Unit 1: Coordination Lead

Objectives:

1. Revise investment arm

2. Launch DAO builder initiative with incubation lead. Explore new revenue models for the treasury

Budget:

30,000 8DAO; 17,000 USDC

KPI:

1. Launch the new NFT fund

2. Pass at least 1 proposal in another DAO. And Earn revenue for 8DAO treasury form the proposal

Unit 2: Strategy Lead

Objectives:

1. Work with leads and executive committee to drive towards 8DAO’s seasonal goal

2. Provide insights and help promote the culture of collaboration internally and externally

3. Consultant for leads on their strategies, idea and different initiatives

4. Develop strategic views to optimize 8DAO’s operations and organization for efficiency and effectiveness

5. Work with Treasury lead on optimization of 8DAO’s treasury and enhance reporting and transparency

Budget: 

-

KPI:

1. At least 1-2 one-on-one advisory sessions for each lead within the season

2. Timely advice on DAO’s operation SOPs and governances

Unit 3: Treasury Lead

Objectives:

1. 8DAO.io website in Japanese

2. Setting up the operation for FrenArt

3. Updating member info to member profile gallery

4. Launching SBT & Badge NFT to members

5. Setting up the new NFT fund

Budget:

10,000 8DAO; 5,000 USDC

KPI:

1. 8DAO.io website in Japanese

2. New NFT fund launch

3. Membership NFT launch

Unit 4: Community Lead

Objectives:

1. Facilitate Community events and initiatives to boost community engagement

2. Continued growth of 8DAO member base

3. Together with community contributor Wing, ensure smooth running of all community operations

4. Design and production of more and different types of quality merch for members

5. Craft quality posts, DAO announcements, outreach content, and member stories - alongside our social media strategy

6. Coordinate with all leads for Seasonal review and draft Seasonal proposals

Budget:

1,000 8DAO; 5,000 USDC

KPI:

1. Publish at least 3 approved articles on 8Pulse

2. Minimum 28 approved members join 8DAO (outside of Japan)

3. Design and deliver new merch for S4

Unit 5: Creative Lead Objectives:

1. Strengthen and refine the 8DAO brand identity, increase the visibility and engagement of 8DAO through creative initiatives including social media, branding and design.

2. Support the incubatee DAO (FrenArt) on creative initiatives such as enhancing brand identity with social media, gen art exhibition initiatives

3. Provide creative strategy and execution for DAO initiatives, such as the potential events

4. Explore a good way of gen art display experience

Budget:

2,000 USDC

KPI:

1. Increase 8DAO twitter followers to 4.5k

2. Hold at least 2 Twitter spaces

3. At least once weekly social media posts for the incubatee DAO (FrenArt)

4. One feasibility study of gen art display experience solution

Unit 6: Partnership Lead

Objectives:

1. Continue exploring various kinds of partnership to further build our 8DAO brand and ecosystem

2. Focus on further establishing quality partnerships with leading web3 projects and organizations

3. Key point of contact with external partners for key events

Budget:

5,000 USDC

KPI:

1. Establish at least one new partnership with other leading Web3 investors, corporations, brands or communities

2. At least one event or published article with our partners.

Unit 7: Event Lead

Objectives:

1. Explore revenue streams, working with other leads on DAO builder initiative

2. Craft and submit proposals to other DAOs and earn revenue for 8DAO treasury

Budget:

15,000 8DAO; 8,000 USDC

KPI:

1. Submit at least 3 proposals in other DAOs

2. Pass at least one proposal and receive payment from another DAO

Unit 8: Japan Lead

Objectives:

1. To increase awareness within the Japanese community by supporting the local events

2. To increase the number of Japanese members

3. Expand and establish the structure of the team in Japan

4. Execute 1 community driven initiative in Japan

5. To assign 1 contributor from JPN community

Budget:

USDC: 8,000 (Event Sponsor x 2, expense,community driven initiative) 8DAO: 3,000 (Contributor from May)

KPI:

1. To reach 300 people related to NFTs in Japan

2. At least 12 new members to join from JPN

3. Grow Japan contributor team by 1

4. Execute 1 community driven initiative in Japan

Unit 9: Incubation Lead

Objectives:

1. Prove that we can launch a DAO

2. Prove that we can contribute to other DAOs and be paid

3. A P&L statement/framework for each DAO initiative

4. A write up articulating these DAO initiatives creates value for 8DAO

Budget:

8,000 USDC (mostly as working capital to fund the upfront work for proposals) 1,000 8DAO (as incentive to help us look at 3 and 4)

KPI:

1. Successful launch of FrenArt: Membership passes are minted and activity in the community

2. Pass one proposal and receive payment from another DAO to execute on the proposal (ideally profitable)

Consolidated 8DAO KPI

1. Launch the new NFT fund

2. Pass at least 1 proposal in another DAO. And Earn revenue for 8DAO treasury form the proposal

3. 8DAO.io website in Japanese

4. Publish at least 3 approved articles on 8Pulse

5. Minimum 28 approved members join 8DAO (outside of Japan)

6. Design and deliver new merch for S4

7. Increase 8DAO twitter followers to 4.5k

8. Hold at least 2 Twitter spaces

9. At least once weekly social media posts for the incubatee DAO (FrenArt)

10. One feasibility study of gen art display experience solution

11. Establish at least one new partnership with other leading Web3 investors, corporations, brands or communities

12. At least one event or published article with our partners.

13. Submit at least 3 proposals in other DAOs

14. Pass at least one proposal and receive payment from another DAO

15. Successful launch of FrenArt: Membership passes are minted and activity in the community

16. To reach 300 people related to NFTs in Japan

17. At least 12 new members to join from JPN

18. Grow Japan contributor team by 1

19. Execute 1 community driven initiative in Japan

Consolidated Season 4 Budget

As we are approaching the end of Season 2 (1 October -  31 December 2022), the core contributors hereby present the Season 3(1 January - 31 March 2023) Proposal to all the 8DAO members. In Season3, our development focus will remain the same as Season2, which is creating value to token utility. The slogan for Season 3 is “Build Token utility”. From the perspective of core contributors, it is an important goal for our DAO and the complexity of its nature requires more than one season to build. We will be building on what we have established in season 2 and continue to bring further value to DAO token utility. The key points of Season 3 Proposal are set out below:

Strategic Goal

Create value for 8DAO tokens. “Build Token Utility”. 

Coordination Block

1. Blocks coordination. Coordinate and support all blocks functioning well

2. Ambassador. Represent 8DAO to introduce or present in gathering, interview, seminars, conference and other events

3. Explore new initiatives. Line up with strategy block to discuss and plan new initiatives

DAO & Investment Block

During the course of Season 3, the DAO & Investment Block will:

• continue closely reviewing the governance structure and process, propose amendment once necessary

• continue exploring all kinds of partnership to further build our ecosystem

• continue exploring investment opportunities and grow with the projects

Strategy Block

The Strategy Block will continue to work with block leaders to drive towards 8DAO’s seasonal goal. Facilitate discussions and provide advice. Help Block Leaders plan and review their plans and tasks, apply structured and critical thinking to different initiatives. Meanwhile, we further engage with different contributors and community members to solicit feedback and ideas for the DAO’s strategic development. 

NFT & Community Block

The key focus for Season 3 is to continue growing the number of quality members in 8DAO, and at the same time explore how our block initiatives contribute to building token utility. This season we grow from 3 to 4 working units: 1. Administration, 2. Content, 3. Social Media, and 4. NFT to execute on our key initiatives.

Treasury Block

The key focus for this Season will be exploring more web3 tools to improve 8DAO productivity and contributor’s using experience; preparing reports to members for operational transparency.

Consolidated Season 3 Budget

Season 3 Core Contributing Team

Season 3 Strategic Goal

“Build Token Utility” is the slogan for Season 3. We started exploring token utility in season 2 and introduced some token utilities. This will remain the strategic goal in season 3. It will help to guide the team and assess our performance.

The team will further develop the token utilities being established in season 2. They include members only events, members only merch, members only pool investment opportunities. A new membership tier, Moon members, was also introduced to give priorities to members who are willing to obtain and hold more 8DAO tokens. Meanwhile, each block will continue to have a budget to launch and develop initiatives that have the potential to create token utility. Experiment is encouraged. Having this as a strategic goal also helps all block leaders prioritize their time and resource allocation.

Season 3 Governance Structure

In order to further clarify the main tasks of each block and simplify the structure, the 8DAO governance structure is proposed to be adjusted as below, with effect from the beginning of Season 3:

• Remove “Acceleration Programme” (previously under Coordination Block)

• Add “Governance” working unit under DAO & Investment Block

• Remove “Investment Club” (previously under Investment Committee)

• Add “ 8 Ventures” working unit under “Investment Committee”

• Reform “Administration Sub-Block”, “Content Sub-Block” and “NFT Sub-Block” to be “Administration”, “Content” and “NFT Sub-Block” working unit respectively 

• Add “Social Media” working unit under NFT & Community Block

Coordination Block

Season 2 Summary

The top priority of this block is to work with each block to ensure tasks are meeting the season 2 strategic goal. New token utilities are being introduced, but more time is needed to complete the existing utilities and explore new utilities. Ambassador work continues to be performed. As a result of the marketing efforts by the team, the 8DAO brand is getting more widely recognised by web3 communities in Hong Kong, Singapore, Taiwan and Japan.

Season 3 Plan

The key task of the coordination block is to coordinate and support all blocks to function at their optimum level. It will continue to facilitate the resources and human capital needed via discussion, planning and allocation as well as review and develop procedures and decision-making processes to improve the efficiency and transparency of the core team. While this is the primary responsibility of the block, there are two additional important functions - Ambassador and new initiatives.

Ambassador

The block provides representation for 8DAO (and delivers introductions and presentations) at gatherings, interviews, seminars, conferences and other events. By promoting 8DAO publicly, we can potentially attract more new members and gain partnership opportunities with other corporations, brands or communities. These partnerships have the potential to create token utility and the public exposure can attract new members and increase token demand.

New initiatives

In respect of new initiatives that fall outside the immediate scope of other blocks, the Coordination Block will work with the Strategy Block to assess and categorize as best suits the nature of the initiative. We will target those new initiatives that create token utility and demand in the near future. One potential aspect the block is looking at is 8DAO development in targeted regions with the help of  local leaders. This would lead to a better strategic focus of resource allocation and high certainty of initiative success.  

BUDGET

DAO & Investment Block

Season 2 Summary

In brief, during the course of Season 2, the DAO & Investment Block (“D&I Block”) has:

• Officially established 8DAO Ventures Squad (“8 Ventures”) to support deal sourcing and analysis 

• Restructured the Investment Committee

• Created and modified the compensation scheme for 8 Ventures contributors and Investment opportunity referrals

• Published a research article together with OKX Ventures

• Established formal partnership with leading Web3 investors and projects

• Invested in Snagsolultions and Thirdverse together with leading investors

• Led the preparation of the Season 2 Review & Season 3 Proposal.

For more details, members can review the Season 2 Review posted in 8DAO discord.

Moving forwards into the new season, our objectives are to continue developing token utility, be that through providing quality alliances and investment. The key points of Season 3 for DAO & Investment Block are as set out below:

8DAO Governance 

There is no significant change from governance perspective in Season 2, except for re-election of two IC members, one due to rotation and the other due to an existing IC member`s personal circumstances.

In addition to the improvement of governance structure stated in this proposal, the D&I Block will continue to focus on monitoring and reviewing the governance of 8DAO to ensure the smooth running of operations under the previously agreed rules in Season 3. Amendments may be proposed in the future, as necessary.

DAO Partnership 

DAO as a community can be highly diverse and, consequently, can be more competitive in bringing all kinds of resources to its partners compared to traditional institutional organizations.  A diversified network, with holders incentivised to promote the DAO by their participation, gives a DAO a real competitive edge and presents many opportunities.

In Season 2, we have proved the value of 8DAO as “Community Partner”, not only in recruiting over ten quality Web3 projects founders/key management to become 8DAO members, but also with our formal partnerships established with leading Web3 organizations. We have already been sourcing deals, making investments, posting research articles, and hosting events alongside our partners. 

Through partnership, we can also effectively diversify our token holders, through fair schemes. With 8DAO tokens in the hands of our partner, we can build deeper and longer partnerships.

In Season 3, the D&I block will continue to focus on further establishing quality partnerships with leading organizations. We will continue to build on our strong foundations. 

Investment 

In Season 2, we announced investment into two learning Web3 projects, with leading organizations. In this way we have proved the “Community Ventures” concept - we are competitive in terms of sourcing and protecting the investment allocation. 8DAO`s allocation in these investments also give us great recognition.

These investments serve as a key way to capture the value of 8DAO’s strong network. In Season 3, we will be focusing on the projects which have strong synergy with 8DAO - we continue to build, identify deals, support the Web3 ecosystem and are always open to any kind of opportunities for review.

Budget

NFT & Community Block

Season 2 Learnings

1. Post FTX crash, the market has become much quieter. Event turnouts are lower, engagement across the board is lower. And we gear to lower our burn during this period.
2. Twitter Spaces has been tested as the most effective outreach channel presently, with the highest turnout rate (>1000 attendees for our last 2 spaces). Continue to focus here.
3. For technical product development, we are learning and now have a better grasp of working with external development studios, for example their team size and timeline management.
4. WL mints not producing alpha for our members in the current market.
For content scheduling, learning that - frequency of hot content unpredictable, reduce target from 6 per season to 3 per season. Focus on quality articles over quantity

Season 3 Plan

For season 3, despite market conditions, we aim to at least maintain the growth rate of new members in 8DAO. And at the same time we explore how our block initiatives contribute to building token utility.

Administration

1. Community events (only those that meet our minimum attendance criteria)
2. Implement new dashboard to track internal (TG member activity, email open rate etc) and external (social media following/ average post engagement etc) metrics
3. Work with external development studio to launch token gated member gallery
4. Design and production of more and different types of quality merch for members
5. Grow community mod team to 2, with our existing contributor Wing helping with mod duties. Total of 5 contributors in Community block for season 3.

Seasonal Task 1: Complete token gated member profile gallery

Seasonal Task 2: Minimum 28 approved members join 8DAO

Content

1. Curate and craft quality content for members on hot topics in Web3 Space, published on our 8Weekly (adjusted to 3 per season or once per month)
2. Craft quality outreach content, inline with our social media strategy
3. Periodic updates to 8DAO website and content

Seasonal Task: 3 approved and published articles on 8Weekly

Social Media

1. Continue implementation of initial social media strategy
2. Craft quality social media posts
3. Membership NFT design Seasonal Task: Grow Twitter to 4k following

NFT

1. Explore potential collaborations with other NFT projects and studios, obtain WL opportunities for 8DAO members. We will be more selective this season. 2. Enhance 8DAO brand recognition through collaborations, joint events and joint Twitter spaces with other communities

Budget

Strategy Block

The Strategy Block will work with each block leader to develop strategies for various initiatives.  ensure all the initiatives are coherently driving towards 8DAO’s seasonal goal.

• Drive strategic vision for 8DAO based on seasonal goal and ensure consistency and effectiveness in articulating our vision when executing relevant strategic initiatives 

• Be a strategic thought partner and sounding board to Block leaders for different initiatives 

• Apply structured and critical thinking to different initiatives, strategize and prioritize when needed

• Provide insights and help promote the culture of collaboration internally and externally

• Engage with community members and external partners to collect their feedbacks and idea for strategy development

• Develop strategic views to optimize 8DAO’s operations and organization for efficiency and effectiveness

• Facilitate discussion among block leaders on strategies, governance and seasonal goals

• Continue to contribute to various online and offline community events and engagements ** **

Budget 

Treasury Block

Season 2 Summary

In brief, during the course of Season 2:

• 3 general members upgraded to moon members

• Treasury Report

• 28 new members

• Invested in Thirdverse & TinyTap NFT

• Moon members joined pool investment for Thirdverse

For more details, members can review the Season 1 Review posted in 8DAO discord.

Treasury Report

The reports will include information about 8DAO asset diversification, how and where funds were used.

Treasury Operation

Continue to keep treasury assets safe; bookkeeping for treasury; review, approve and process 8DAO tokens/payments to block leaders/contributors. New treasury tools will be tested and implemented to improve community user experience and productivity. Treasury Block will review the season budget regularly with block leaders to ensure the fund has been used reasonably.

Budget

Consolidated Season 3 Budget

Please note that all unutilized/unclaimed Season 3 budget will automatically expire at the end of Season 3 (31 Mar 2023).

Please further note the 8DAO tokens distributed as compensation in Season 3 will be subject to the locking and unlocking arrangement  as below:

** End of Proposal **

As we are approaching the end of Season 1 (1 July -  30 September 2022), the core contributors hereby present the Season 2(1 October - 31 December 2022) Proposal to all the 8DAO members. In Season 2, our development focus will transfer to creating value for 8DAO tokens. “Explore Token Utility” is our slogan for Season 2. The key points of Season 2 Proposal are set out below:

Strategic Goal

Create value for 8DAO tokens. “Explore Token Utility”.

Governance Structure Adjustment

1. Evolution of ‘Governor Block’ to ‘Coordination Block’

2. ‘Governance & Administration Block’ to become ‘DAO & Investment Block’

3. ‘Community Block’ to become ‘NFT & Community Block’

4. ‘Marketing Block’ to become ‘Strategy Block’

Coordination Block

1. Blocks coordination. Coordinate and support all blocks functioning well

2. Ambassador. Represent 8DAO to introduce or present in gathering, interview, seminars, conference and other events

3. Sub-block incubation. Line up with strategy block to discuss and plan new initiatives

DAO & Investment Block

As the DAO & Investment Block we will continue our functions of governance in the coming seasons but we will now switch focus to building out the governance structure we have developed and improving where needed. We will continue both our research and understanding of other DAOs as well as looking to facilitate real partnerships with other DAOs through sharing our resources in a way that is mutually beneficial.  Finally we aim to build on 8 Venture Squad and put in place a formal investment team with responsibilities that will ultimately bring greater utility to 8DAO tokens.

Strategy Block

The Strategy Block will work with each block leader to develop strategies for various initiatives.  ensure all the initiatives are coherently driving towards 8DAO’s seasonal goal. Be a strategic thought partner and sounding board to Block leaders for different initiatives. Help Block Leaders plan and review their plans and tasks, apply structured and critical thinking to different initiatives, leading to the ultimate question of our seasonal strategic goal - “How can this initiative create token utilities?”

NFT & Community Block

The key focus for Season 2 is to continue growing the number of quality members in 8DAO, and at the same time increase engagement and bonding between existing members. This season we experiment with the creation of 3 sub blocks: 1. Administration, 2. Content and 3. NFT to execute on our key initiatives.

Administration Sub-Block

1. Experimenting with different types of community events

2. Virtual Community Engagement and ongoing process of gathering feedback

3. Optimizing sign-up process, and reduce friction for members to become contributors

4. Design and production of quality merch for members

Content Sub-Block

1. Curate and craft quality content for members on hot topics in Web3 Space, published on our 8Weekly

2. Curate for quality content in 8DAO Archives

3. Refining 8DAO website and content

NFT Sub-Block

1. Explore potential collaborations with other NFT projects and studios, obtain WL opportunities for 8DAO members

2. Enhance 8DAO brand recognition through collaborations with other communities

3. Arrange showcases for NFT projects and host IRL events for NFT collectors

Treasury Block

The key focus for this Season will be exploring more web3 tools to improve 8DAO productivity and contributor’s using experience; preparing reports to members for operational transparency.

Consolidated Season 2 Budget

Season 2 Core Contributing Team

Season 2 Strategic Goal

“Explore Token Utility” is the slogan for season 2.  It’s only once there is utility for holding or consuming 8DAO tokens that there is any consequent demand for 8DAO tokens. As a result, creating value for 8DAO tokens is something that is in the interest of all 8DAO token holders.

There will be more new initiatives generated by the core team in season 2 and a key measure of any of these new initiatives will be how likely it is that the service or products of the initiatives can create 8DAO token utility.  Each block will have a budget to launch and develop initiatives that have the potential to create token utility. Having this as a strategic goal also helps all block leaders prioritize their time and resource allocation.

Governance Structure Adjustment

In order to further improve our efficiency and make the governance structure more task-oriented, the 8DAO governance structure is proposed to be adjusted as below, with effect from the beginning of Season 2:

Coordination Block

It‘s proposed to evolve the Governor Block to become the Coordination Block.The key functions of Coordination block are set out as below:

1. Blocks coordination. Coordinate and support all blocks functioning well

2. Ambassador. Represent 8DAO to introduce or present in gathering, interview, seminars, conference and other events

3. Sub-Block incubation. Line up with strategy block to discuss and plan new initiatives Karma P is proposed to be the leader of the Coordination Block.

DAO & Investment Block

It’s proposed to evolve the Governance & Administration Block to become the DAO & Investment Block (“D&I Block”). D&I Block is mainly responsible for: 1)DAO related issues, including but not limited to 8DAO Governance, DAO Study, DAO Partnership; 2)Investment-related issues, including but not limited to deal sourcing & screening, investment analysis and decision making (within the budget approved by members).

It‘s further proposed (a) to move the Investment Committee and Investment Club under the umbrella of D&I Block, and that (b) Samuel G become the leader of the D&I Block. The arrangement of the Investment Committee and Investment Club will remain the same as previously approved by the members in earlier proposals, however from this season forward the decision makers in respect of any approvals or mandate given to the Investment Club will be the Investment Committee, as opposed to the Treasury Block.

NFT & Community Block

It`s proposed to evolve the Community Block into the NFT & Community Block (“N&C”) Block. The N&C Block is mainly responsible for：

1. Community Building - Growing the number of quality members in 8DAO, initiating activities to increase engagement and bonding between existing members

2. Creating and curating content for members, and

3. Nft partnerships and opportunities for 8DAO.

Lawrence K is proposed to be the leader of N&C Block.

To clarify the roles and responsibilities of contributors in N&C Block, it`s further proposed to create 3 Sub-Blocks under the umbrella of N&C Block: 1. Administration, 2. Content and 3. NFT, each with their respective contributor teams.

As a final note, as 8DAO grows we seek to expand our contributor base, and the number of contributors in each Sub-Block will grow when we identify suitable talents in our community.

Strategy Block

It‘s proposed to evolve the Marketing Block to become the Strategy Block. The Strategy Block is mainly responsible for strategy-related issues, including but not limited to the strategy of overall operation, marketing. Lydia K is proposed to be the leader of Strategy Block.

Coordination Block

Season 1 Summary

The main focus was facilitating “community first” initiatives by supporting other blocks, especially in assisting the Community Block. We promoted 8DAO in multiple media interviews and sharings with other communities. At the end of the season, we started to launch measures to improve transparency and accountability of the core team to the community while maintaining work efficiency. These measures include compensation transparency and performance assessment based on the value of task deliverables. We believe these good practices will help to make both team contribution and DAO development more sustainable.

Season 2 Plan

The key task of the coordination block is to coordinate and support all blocks to function at their optimum level. It will continue to facilitate the resources and human capital needed via discussion, planning and allocation as well as review and develop procedures and decision-making processes to improve the efficiency and transparency of the core team. While this is the primary responsibility of the block, there are two additional important functions - Ambassador and Sub-block incubation.

Ambassador

The block provides representation for 8DAO (and delivers introductions and presentations) at gatherings, interviews, seminars, conferences and other events. By promoting 8DAO publicly, we can potentially attract more new members and gain partnership opportunities with other corporations, brands or communities. These partnerships have the potential to create token utility and the public exposure can attract new members and increase token demand.

Sub-Block incubation

In respect of new initiatives that fall outside the immediate scope of other blocks, the Coordination Block will work with the Strategy Block to assess and categorize as best suits the nature of the initiative. If an initiative is strong and shows good potential, it may be that it will become a Sub-Block under an existing block to develop new services and products. We will target those new initiatives that create token utility and demand in the near future.

BUDGET

DAO & Investment Block

Season 1 Summary

In brief, during the course of Season 1, the DAO & Investment Block (formerly known as “Governance & Administration Block”) has:

• Updated 8DAO Guide (former 8DAO Membership Guide) ;

• Created an all-in-one guidebook via Gitbook;

• Restructured the 8DAO Discord channels and created the Governance Channel to store all governance-related documents;

• Created a new 8DAO Deck;

• Further refined the Compensation Scheme;

• Led the preparation of the Season 1 Review & Season 2 Proposal.

For more details, members can review the Season 1 Review posted in 8DAO discord.

Moving forwards into the new season, our objectives are to focus on developing token utility, be that through providing quality alliances, projects and networking, or through investment. The key points of Season 2 for DAO & Investment Block are as set out below:

8DAO Governance

As we have evolved to become the ‘DAO & Investment Block’, the functions and responsibilities of the block in terms of governance will nevertheless remain the same. The block remains committed to: (1) continuously monitoring and improving the governance structure; (2) generally, ensuring that the governance of 8DAO works in the way we have developed e.g. voting; (3) guiding proposals to ensure they are properly qualified to be supported by the DAO;  and (4) encouraging more bottom-up proposals and looking at ways to stimulate further activity in that regard.

In terms of the coming season 2, we will have a change in focus as we are now able to evolve the governance function from “active building” i.e. putting in place the basic governance structure, to “close observation and rapid adjustment” i.e. identifying what is working and what is not and reacting as necessary to improve our systems.

DAO Studies

Our studies of other DAO have provided us with a number of useful learning points and have deepened our understanding of DAO in general. In the coming season we would like to encourage new contributors for this work as different points of view are always useful.  We will also be considering different research and presentation formats and will seek feedback from members on this.  These studies, whilst rewarding, have been demanding on contributors' time, so we will aim to find a balance between (1) time spent in research and (2) the value created. In this regard we will look to pinpoint certain key areas for study.

DAO Partnership

Expanding the scope of our partnerships with other DAO is to be another focus point for the block.  To date our relations have been ones of exploration, communication and collaboration.  The next step is for us to consider investment and the mutual sharing of tokens, experience and working knowledge between 8DAO and partner DAOs. To achieve this efficiently, we intend to assess and categorize our internal resources to see what we have to offer - be that in terms of skills, networks or capital - and how and where is best to offer such resources.

Investment

So far we have developed the 8 Venture Squad interest group which has been a great start.  However, it is clear that we now need to formalize an investment unit and charge the right people with responsibility to take this forward. We will be looking for a small, focussed team to take the lead on this task. The key responsibilities will be to:

• increase deal sourcing capacity

• establish better ways of working with the IC to utilize their wisdom and network

• consider development so that we invest not only with fiat but also with 8DAO tokens, thus bringing greater market value to our tokens

• consider treasury diversification opportunities from an investment perspective

• develop the investment club’s scheme to attract new members

Project screening and decision making processes have been developed and these will be kept under review and adapted as time goes on.

We will be responsible for preparing an investment report , as part of the treasury report, by the end of each Season.

Budget

NFT & Community Block

Season 1 Summary

During season 1, the community block’s focus was on recruiting talents and facilitating deeper community engagement both digitally and in real life. We have worked on

• 8DAO Members Survey

• Member Data Dashboard

• Set up of Content Subblock in response to survey feedback

• Launched our newsletter 8Weekly and 8DAO archives + create and curate content for it

• Refining 8DAO website, forms and public facing content

• Draft and refine SeedClub application

• IRL events in hk and SG

• Token2049 hangouts for visiting 8DAO members

• Optimizing sign-up process, and reduce friction for members to become contributors

• Creation of NFT sub block

• Token gated database of members profiles (in progress)

Season 1 Learnings

1. Finding community contributors is not easy. In addition, we have to ensure commitment and quality of contributors too.

2. Can get quiet, possibly due to market conditions - improvement needed to boost existing member engagement and increase new member sign ups.

Season 2 Plan

The key focus for Season 2 is to continue growing the number of quality members in 8DAO, and at the same time increase engagement and bonding between existing members. With the creation of 3 sub blocks: 1. Administration, 2. Content and 3. NFT, we continue our focus on community building and developing content and nft capabilities for 8DAO. We proceed to describe responsibilities and targets of each sub block.

Administration Sub Block

1. Facilitating and experimenting different types of community events

2. Virtual Community Engagement and ongoing process of gathering feedback

3. Friction reduction

• Identify issues with current processes

• Continuous optimization of 8DAO processes and Member Onboarding Journey

• Reduce friction for both new and existing members to get started as contributors

1. Design and production of quality merch for members

Seasonal Task 1: Complete token gated member profile gallery

Seasonal Task 2: Minimum 30 approved members join 8DAO

Content Sub Block

1. Curate and craft quality content for members on hot topics in Web3 Space, for both our 8Weekly newsletter and content in 8DAO Archives

2. Refining 8DAO website and other content

3. Experimenting with a reward based system to fairly reward community contributors who commit time to our content creation initiatives. Every approved and published article = 100 tokens to author and 100 tokens to editor

Seasonal Task: 8 approved and published articles on 8Weekly

NFT Sub-Block

1. Explore potential collaborations with other NFT projects and studios, such as Outland and IPrinter

2. Obtain WL opportunities for 8DAO members, handle distribution and potential option to redeem with 8DAO token

3. Enhance 8DAO brand recognition through collaborations with other communities

4. Arrange showcases for NFT projects and host IRL events for NFT collectors

Specifications below propose to allocate 57,606  8DAO Tokens and 17,938 USDC in Season 2 to the Community Block for planning and development of stated goals below.

Budget

Strategy Block

The Strategy Block will work with each block leader to develop strategies for various initiatives.  ensure all the initiatives are coherently driving towards 8DAO’s seasonal goal.

• Drive strategic vision for 8DAO based on seasonal goal and ensure consistency and effectiveness in articulating our vision when executing relevant strategic initiatives

• Be a strategic thought partner and sounding board to Block leaders for different initiatives

• Apply structured and critical thinking to different initiatives, strategize and prioritize when needed

• Provide insights and help promote the culture of collaboration internally and externally

• Develop strategic views to optimize 8DAO’s operations and organization for efficiency and effectiveness

Budget

Treasury Block

Season 1 Summary

In brief, during the course of Season 1:

• Quarterly Report for Investment Club

• Peer Assessment for block leaders and community advisors

• Treasury Report

• Received 5,916USDC from 25 new members

• Created 8 Venture Squad

For more details, members can review the Season 1 Review posted in 8DAO discord.

Treasury Report

The reports will include information about 8DAO asset diversification, how and where funds were used.

Treasury Operation

Continue to keep treasury assets safe; bookkeeping for treasury; review, approve and process 8DAO tokens/payments to block leaders/contributors. New treasury tools will be tested and implemented to improve community user experience and productivity. Treasury Block will review the season budget regularly with block leaders to ensure the fund has been used reasonably.

Budget

Consolidated Season 2 Budget

Please note that all unutilized/unclaimed Season 2 budget will automatically expire at the end of Season 2 (31 Dec 2022).

Please further note the 8DAO tokens distributed as compensation in Season 2 will be subject to the locking and unlocking arrangement  as below:

As we are approaching the end of Season 0 (1 April - June 30 2022), the core contributors hereby present the Season 1(1 July - 30 September 2022) Proposal to all the 8DAO members. In Season 1, our development focus will transfer from infrastructure to community. “Community First” is our slogan for Season 1. The key points of Season 1 Proposal are set out below:

Strategic Goals

1. Continue to recruit quality members

2. Increase active contributors

3. Community empowerment

Governor Block

For Season 1 we will focus on building the community.  We will: continue to promote the brand name of 8DAO through our ambassador roles; keep our members current with the latest web3 developments, especially in the DAO space; work with members to prepare their proposals internally; and continue to assist and support all other blocks as needed in their community building work.

Governance & Administration Block

In Season 1, the G&A Block will continue to develop the 8DAO governance structure and provide the tools to empower the community and help more contributors as they come on board. The key points of Season 1 for the G&A Block are as set out below:

1. Creation of Community Block & Marketing Block

2. Adjustment on the key roles (Council Members, Community Advisors, Investment Committee Members)

3. Encourage governance participation

   - Governance Guidebook

   - Bottom-up Proposals

4. Talent Pool development

Marketing Block

The key focus for Season 1 is to enhance 8DAO’s brand identity, increase (a) awareness of 8DAO and (b) its influence via PR, social media and partnerships to make an impact in the Web3 community and attract quality members.

Community Block

The key focus for Season 1 is to increase engagement and bonding between 8DAO members, as well as enrolling further quality members. Key activities include:

1. Experimenting with different types of community events

2. Virtual Community Engagement

3. Optimizing sign-up processes

4. Design and production of quality merch for members

Treasury Block

The key focus for Season 1 is to prepare treasury reports regularly for members to review; explore more web3 tools to improve 8DAO productivity and contributor’s using experience; set up an investment squad to explore more investment opportunities.

Consolidated Season 1 Budget

Season 1 Proposal Contributing Team

• Karma - Governor Block Leader

• Samuel - Governance & Administration Block Leader

• Lydia - Community & Marketing Block Leader

• Jason - Treasury Block Leader

• Lawrence - Singapore Region Head

Season 1 Strategic Goal

With the hard-work by all our 8DAO contributors in season 0, we have developed a solid infrastructure to support 8DAO development in the following seasons. This was the main goal of Season 0. We kicked off with 3 blocks (Governor, Marketing & Community, Governance & Administration) and created a Treasury Block during the season. In addition, we have created the (a) Acceleration Program to support quality projects in Web3 / DAO industries, and (b) Investment Club for members to pool invest in different projects alongside 8DAO. Various virtual and IRL community events have been held. There has been a notable increase in both the quantity and quality of the member base during Season 0.

People are everything in a DAO. It’s time for 8DAO to focus on community building. Quality contributors are crucial in DAO development. They’re most likely to start by joining us as members. Hence, bringing in more members with diverse backgrounds and strong beliefs in the Web3/NFT/DAO is the first step. We need to create an environment that is welcoming for new members and promotes interaction among current members to generate great ideas and strong bonding. “Community First” is our slogan for Season 1. The following are the strategic goals for 8DAO in Season 1:

1. Continue to recruit quality members

2. Increase active contributors

3. Community empowerment

All blocks will work together to achieve the above goals. Meanwhile we will continue to:

1. Improve our DAO structure

2. Improve coordination of tasks among contributors

3. Study new opportunities raised by members

4. Proceed with progressive decentralization

5. Refine 8DAO culture and value propositions

Governor Block

Season 0 Summary In brief, during the course of Season 0, the Governor Block has:

• Created the Treasury Block and its investment club

• Attended events including Consensus 2022 in Austin and NFT.NYC

• Raised awareness with an interview on Hong Kong TV, organization of 8DAO’s Twitter Space series, attending 8DAO community events and networking in the crypto community

• Created the Acceleration Programme under the umbrella of Governor Block

For more details, members can review the Season 0 Review posted in 8DAO discord.

Human capital is the single most important form of capital for a DAO. We’re now going to be shifting focus from building the infrastructure of 8DAO in season 0 to building the community in season 1. In more detail, the key points of Season 1 for the Governor Block are set out below:

1. Ambassador Continue to promote the brand name of 8DAO. Attend events, talks, seminars both online and IRL. The aim is to draw greater attention from people to apply for 8DAO membership. Promoting 8DAO is going to help with the community goal.

2. Education Create more DAO/NFT/web3 related materials and share both internally and externally. This will help our existing DAO members to catch up with latest web3 developments, especially in the DAO space. It will also help 8DAO to be positioned as a web3 and DAO promoter and leader, particularly in Asia.

3. Internal Incubation Governor block will continue to work alongside new contributors on initiating new units to try new DAO functions.

4. Assist in Community Building with Other Blocks Governor block will continue to work closely with other blocks to achieve the strategic goal of season 1.

5. BUDGET

Governance & Administration Block

Season 0 Summary

In brief, during the course of Season 0, the Governance & Administration Block (“G&A Block”) has:

• Created the 8DAO Proposal Specification;

• Created the Treasury Block, Investment Club and Acceleration Programme (8DAOIP2, 8DAOIP3, 8DAOIP4);

• Created the Talent Pool & Code of Conduct;

• Further refined the Compensation Scheme;

• Led the preparation of the Season 0 Review & Season 1 Proposal.

For more details, members can review the Season 0 Review posted in 8DAO discord.

Community First. In Season 1, the G&A Block will continue to develop the 8DAO governance structure and tools to empower the community and help more contributors as they come on board. In more detail, the key points of Season 1 for G&A Block are as set out below:

1. 8DAO Governance Structure

As the workload has quickly increased with 8DAO’s strong momentum, it has become evident that the demands on the Community & Marketing block are excessive for the current structure.  Therefore, to better serve the requirements demanded of this block, it is proposed that with effect from the beginning of Season 1 (1 July 2022), the original Community & Marketing Block be divided into two new distinct blocks, being the (a) Community Block and (b) Marketing Block.

Community Block will be responsible for growing the number of quality members and building deeper bonds within the 8DAO community. Key activities include membership application screening , new member on-boarding process, IRL & virtual events.

There are currently 3 units under the umbrella of Community Block: (1) Hong Kong Region, (2) Singapore Region and (3) Virtual Community, each dealing with events in their respective communities. The new Community Block will have the authority to add to/remove/modify the units in line with the future development and requirements of 8DAO.

Lawrence will be the Community Block Leader. The details of the key objectives of the Community Block will be illustrated in the corresponding section below.

Marketing Block will be responsible for 8DAO marketing, including but not limited to overall branding, PR management and press releases. Lydia will be the Marketing Block Leader. The details of the key objectives of the Marketing Block will be illustrated in the corresponding section below.

In Season 1, as and when the G&A Block deem it necessary, the G&A Block may propose to further refine the 8DAO governance structure and place formal proposals to members for voting.

2.  Key Roles

To better empower the community and encourage more talents to join the contribution and governance of 8DAO, the G&A Block proposes to make some adjustments to the Community Advisors and the members of Council and Investment Committee (“IC”). It is proposed that with effect from the beginning of Season 1 (1 July 2022), the arrangement of these key roles be as follows:

3. Governance Participation

People are everything in a DAO. In 8DAO, it's not only members’ rights but also members’ responsibility to participate actively in the governance. Such participation includes, but is not limited to, asking questions, putting forward suggestions, making proposals and participating in the voting. In Season 1, the G&A Block will focus on the following two matters to further increase governance participation:

A) Governance Guidebook

To give members (especially the new ones) an easy understanding of 8DAO governance, the G&A Block will prepare an all-in-one guidebook comprising the latest updated 8DAO deck, membership guide, code of conduct, proposal specification, voting platform and other necessary documents for 8DAO members.

B) Bottom-up Proposals

In Season 1, the G&A Block will continue to work closely with member(s) who are interested in raising proposals. The G&A Block will aim to ensure proposals are in the correct form, have sufficient information for consideration and are of good quality. Any proposal that aims to improve or benefit 8DAO is welcome. For example, members can propose to improve the current structure/scheme, or propose to seek permission for a grant to start a project/unit/function under the umbrella of 8DAO. In addition, in order to encourage bottom-up proposals, there will be extra rewards, recognition and opportunities available to those member(s) whose proposals are adopted by the community.

4. Talent Pool

In 8DAO, the community and people are the important essence. Smoothly, identifying talent of the members and understanding the talent needed in each block are necessary.

In Season 0, we have gathered the data from each member including their skills and talent. In Season 1, we will filter the data accordingly, and then create a user-friendly HR interface on Notion, so that each block leader could understand members' talent and connect with their to-do list.

We estimate that this initial process (linking the data from Airtable to Notion, testing the data feed, and creating the decent UI & UX) will take about 20 hours and requires technical support. Moreover, even after the launch of the new UI, this process is ongoing and need the constante maintenance as the number of members will keep increasing.

5. Budget

Marketing Block

Season 0 Review

Membership Basics

• Set up membership application, approval and onboarding processes and touchpoints

• Launched referral scheme in June

Communications & Community Building

• Set up all communications channels (Discord, Telegram, Website) and social media handles

• Organized virtual events via zoom and discord for members to bond and engage

• Organized offline events for 8DAO members in HK & SG with over 100 pax participants

• Set up organizer’s reward mechanism to incentivise members to organize events on their own

PR

• Identified and collaborated with a member / contributor on press release

• Launched press release for 8DAO’s first round token sales with over 30 media coverage

Season 1 Goal: Enhance 8DAO’s brand identity, increase 8DAO’s awareness and influence via PR, social media and partnerships to make impact in the Web3 community and attract new members

1. Branding A) Develop 8DAO’s brand equity, identify and brand positioning B) Revamp 8DAO’s introduction materials for partnership and project collaborations

2. PR A) Press release for Season 1 initiatives, programs and progress B) Media pitching and media coverage C) Support PR for other 8DAO projects and partnerships if needed

3. Partnerships A) Explore partnerships to promote 8DAO via other communities B) Target to establish 3-5 partnerships with other projects / communities

4. Communications A) Keep 8DAO website up to date about the latest information and happenings B) Maintain 8DAO’s social media channels. Grow IG and Twitter followers to 500

5. Budget

Community Block

As a social DAO, members are the core of our DAO and our most valuable assets. The Community Block is responsible for growing the number of quality members joining 8DAO and developing deeper bonds within the 8DAO community.

In season 0, the community block focused on setting up the basics and kick-starting a series of community events for community bonding and engagement. In season 1, the block will be focusing on recruiting talents and facilitating deeper community engagement both digitally and in real life. Specifications below propose to allocate 70,400 8DAO Tokens and 14,200 USDC in Season 1 to the Community Block for planning and development of stated goals below.

1. Membership

A) Season 1 Slogan:

- “Community First”

B) Membership Profile Gallery:-

- Complete and enhance member profiles

- Set up a member gallery portal for member viewing. Skill/talent/interest matching

C) Member Data Dashboard:

- Track per month/season

- Total Discord members / Total Verified Discord members

- Total Applied / Total approved members / Total contributors

- Quality growth tracking – how many real core contributors are we adding?

D) Friction Reduction:

- Identify Key Issues with current processes, keep optimizing

- Refine Membership Application Process and Member Onboarding Journey

- Continuous optimization of touch points to reduce friction for new members to join and get started

- Tech as an enabler - as an example, we can explore digitizing the onboarding process via creation of a sign up page for new members, with SAFT signing followed by token purchase instructions

2. Community Building

A) Seasonal Goal:

- Experimenting with different types of community events and increase engagement and bonding among 8DAO members

B) Regional Community Head:

- Set up a system of regional community heads, one per country.

- Rotational leadership of Community Block among regional heads.

- Responsible for tailoring community activities in their region.

C) IRL events:

- Curation and approval of events by each region's community head. Tailored experience for members in each region.

- Social drinks to potentially be 8DAO signature bond building activity

D) Member communications:

- Bi-weekly Newsletters

- Bi-weekly Townhall with invited guests. Some sessions to get community involved and discuss member proposals

- Bi-weekly Call for new members - "feel at home with us" - new members introduction and welcome by community.

E) Member Engagement Target:

- Minimum 1 member events per month per region, virtual or offline (excluding town hall)

- Encourage members to "contribute to earn" by organizing meetups/events

F) Virtual Community Engagement and POAP Development

- Implement POAP system as recognition and incentives for different occasions.

- Design and implement attend / Collect to earn mechanism

- Identify key contributor to guide and manage new members to integrate into community and get familiar with C2E mechanics

3. Merch

Extra Visibility for 8DAO IRL

A) Design and produce of 2 batches of merch for 8DAO members

B) Get 8DAO to be represented and seen at many crypto ecosystem events

4. Budget

Treasury Block

Season 0 Summary

In brief, during the course of Season 0, the Treasury Block has:

- Invested in Pool Investment NFT Account;

- Set up Payment Tool Utopialabs.com for block leaders and contributors to use;

- Swapped Treasury fund to different coins and tokens for asset diversification;

- Managed Treasury’s 8DAO Tokens/cryptocurrencies for compensation and expenses to members and contributors.

For more details, members can review the Season 0 Review posted in 8DAO discord.

1. Treasury Report Preparing 2 reports per season. One during mid-season and another one at the end of season. The reports will include information about 8DAO asset diversification, how and where funds were used.

2. Treasury Operation Continue to keep treasury assets safe; bookkeeping for treasury; review, approve and process 8DAO tokens/payments to block leaders/contributors. New treasury tools will be tested and implemented to improve community user experience and productivity. Treasury Block will review the season budget regularly with block leaders to ensure the fund has been used reasonably.

3. Investment Squad For the community to work closely with the investment committee to explore more investment opportunities. The Treasury block is planning to set up an Investment Squad. A new proposal will be submitted during season 1. More details can be found in the proposal.

4. Budget

Consolidated Season 1 Budget

Please note that all unutilized/unclaimed Season 1 budget will automatically expire at the end of Season 1 (30 Sep 2022).

With the rapid growth of Web3/DAO, it's fantastic to see more and more talent jumping into the ecosystem to build new projects. This document proposes to create an Acceleration Programme (“AP”)  under the Governor Block so that 8DAO can properly support its allies.

2. Motivation

The AP can benefit 8DAO and its members because it can:

• Allow 8DAO to benefit from the growth of the projects we accelerate (“acceleratees”), by holding their tokens;

• Provide 8DAO with a greater chance to obtain talent and contributors during the collaborations with the acceleratees;

• Create opportunities for 8DAO members to learn from and contribute to different innovative acceleratees;

• Build a strong alliance with acceleratees, making 8DAO and its allies more competitive.

3. Mission & Vision Alignment

All the acceleratees will be in Web3 / DAO industries. This aligns with 8DAO’s mission and vision of supporting and investing in creators and founders in Web3 / DAO.

4. Core Proposal

Creating the AP under the Governor Block with specifications as below:

5. Specifications

Structure

It is proposed that the AP be created under the Governor Block to deal with acceleration-related issues. Karma Pocket, the Governor Block leader, will oversee the operation of the AP and take responsibility in filtering projects for the AP.  Following an initial selection and filtering procedure managed by Karma Pocket, including preliminary negotiations on terms of engagement, proposed acceleratee projects will be presented to block leaders for final approval on a collective basis.

Acceleration

For a period to be mutually agreed between 8DAO and the acceleratees, 8DAO AP will provide acceleratees with the acceleration and mentoring support, which includes, but is not limited to:

(i) business mentoring: guidance provided by 8DAO expert mentors, investors and blockchain sector veterans on a broad range of topics relating to business strategies, development, growth and effective business processes;

(ii) visibility and promotion: 8DAO will showcase and promote the launch, stage development news and milestone achievements of the acceleratees, on a mutually agreed timeline, on 8DAO social media channels, inviting the participation of the acceleratees at events, talks and conferences organized by 8DAO to endorse and increase brand awareness and give acceleratees greater traction in the blockchain sector;

(iii) resource hub: assistance in connecting the acceleratees to professionals and other qualified persons through different business development stages and act as a first port of call on know-how in DAO and tokenomics; and

(iv) monitoring and review: host regular dialogue and discussions with the acceleratees’ core management teams to monitor progress, growth and to identify possible issues on which to provide guidance.

For its time and opportunity cost in providing the AP services, 8DAO will be compensated with acceleratees’ tokens and/or stable coins (“fee tokens”). The amount of fee tokens will be decided by 8DAO and each acceleratee together. All the fee tokens received from acceleratees will directly go to 8DAO treasury.

Furthermore, in order to strengthen the interest alignment with the acceleratees and bring more value to our treasury, the 8DAO Investment Committee will work closely with the AP to decide if 8DAO should further invest in the acceleratees directly, i.e. through payment of stable coins and/or 8DAO tokens from the treasury to acquire additional tokens (beyond fee tokens) of the acceleratees, to fortify 8DAO’s position.

6. Implementation & Timeline

Setting up a multisig 8DAO AP wallet: 7 June 2022

7. Budget

For Season 0 (1 April 2022 - 30 June 2022):

Operation: 10,000 USDT and 20,000 8DAO tokens

8. Squad

Karma Pocket - 8DAO Governor Block Leader

Samuel Gu - 8DAO Governance & Administration Block Leader

9. Risk assessment

There are various uncertainties and risks in fast-growing industries like DAO/Web3. Key risks include: (a) selection of underperforming acceleratee candidates could both waste our resources and efforts as well as proving detrimental to the reputation of 8DAO; and (b) involvement with an acceletratee which poses legal and/or ethical risks in the nature of its business. It is important that caution is exercised in this regard, not only in initial selection, but on an ongoing basis through the AP.  It is proposed that all Block Leaders, contributors to AP and the investment committee should each give input on risk assessment aspects, as each block carries its own analytical strengths and expertise.

8DAO team and community leaders have been dedicated to bringing all sorts of value to 8DAO members. This document proposes to create an Investment Club under the Treasury Block, so that 8DAO members may enjoy the opportunities to pool invest in the different projects alongside 8DAO.

2. Motivation

The creation of the Investment Club can benefit 8DAO and its members because it may:

• Grant opportunities for members to gain extra return through pool investing with 8DAO;

• Share great knowledge and resources in NFT/Web3/DAO industry with pool investing members during various project;

• Create utility for 8DAO tokens to increase the demand for 8DAO tokens.

3. Mission & Vision Alignment

Most of the pool investment opportunities in the Investment Club will be related to NFT / Web3 / DAO. This aligns with 8DAO’s mission and vision by supporting and investing in creators and founders in NFT / Web3 / DAO.

4. Core Proposal

Creating an Investment Club under Treasury Block with specifications as below:

5. Specifications

Sequence of Events

When theTreasury Block decides to invest in a project (for instance Project A) directly with 8DAO treasury assets, it can also decide how much total allocation to be shared in the Investment Club for qualified 8DAO members to pool invest. There will be illustrations about findings as well as terms & conditions of Project A to help the qualified members determine their interest in pool investment. The Treasury Block will further decide the allocation of each interested member based on the amount of 8DAO tokens held and other applicable factors.

Qualification for Investment Club

In order to reward active contributors and holders, members are required to hold at least 5,000 8DAO tokens to join the Investment Club（the Treasury Block may change the threshold when necessary). For each qualified member, there will be a positive correlation between the final pool investment allocation and the amount of 8DAO tokens held.

6. Implementation & Timeline

Setting up a multisig 8DAO Treasury Block wallet: 14th May, 2022

Setting up a multisig 8DAO Treasury Investment wallet: 14th May, 2022

7. Squad

Karma Pocket - 8DAO founder & Governor Block Leader

Jason Zhang - 8DAO Team

8. Risk assessment

Even though most of the projects will likely be led by experienced and knowledgeable teams in relevant industries, there will be many factors that may affect our investments. Thus both the Investment Committee and pool investing members shall cautiously evaluate the underlying risks when making investment decisions.

9. Alternative

Block leaders have considered setting up a special fund or investment Sub-DAO under 8DAO to deal with investment-related issues. In consideration of the time and monetary cost for legal compliance, the blocks tend to believe the Investment Club is the optimal solution for 8DAO to share investment opportunities with members at the current stage.

8DAO team and community leaders have been trying to improve 8DAO governance. With the growth of the functions and size of 8DAO, treasury management has become more and more important. Therefore, this document proposes to create a Treasury Block to better manage the assets of 8DAO.

2. Motivation

Having a special block to take responsibility in treasury management can benefit a DAO from various perspectives:

• Efficiency, diversification and security of DAO assets;

• Risks deduction while adding value to the treasury;

• Transparency and reliability to DAO members.

3. Mission & Vision Alignment

With the help of Treasury Block, an organized and efficient treasury will better support 8DAO to achieve its mission and vision which is to support and invest in creators and founders in NFT / Web3 / DAO.

4. Core Proposal

Creating a Treasury Block with below specifications.

5. Specifications

A Treasury Block is proposed to be created in parallel with existing blocks. It serves to properly manage 8DAO treasury on a daily basis, meanwhile keeping transparency to 8DAO members. Jason Zhang is proposed to be the Treasury Block leader. The main functions of Treasury Block are as below:

Cashier

• Control and manage all treasury wallets;

• Record all the inflows and outflows of treasury assets;

• Ensure the security of treasury assets.

Bookkeeping

• Properly keep the records of all the movements in the treasury;

• Prepare the treasury report regularly for members to review.

Investment

An Investment Committee is proposed to be established under Treasury Block to specially deal with investment-related issues in 8DAO. The specification of the Investment Committee is as below:

• Committee Members: The Investment Committee shall consist of five 8DAO members with investment and Web3 experience. The initial members selected by Block Leaders will serve until 30 Sep 2022. After Season 1, the members of the Investment Committee will be open for application, each term of service will be two Seasons (6 months) afterwards. The initial members of 8DAO Investment Committee are:

  Jeff Ren - Crypto OG, celebrated technology investor;

  Sam Lin - Seasoned Fin-Tech investor and investment banker;

  Justin Zhou - Seasoned TMT investor, Web3 advocate and keen NFT collector;

  Karma Pocket - 8DAO founder, Governor Block Leader;

  Samuel Gu - 8DAO Governance & Administration Block Leader.

• Investment and Budget: The Investment Committee will decide the direct investment in NFT/Web3/DAO projects on behalf of 8DAO (treasury), with the budget approved by 8DAO members. The budget of direct investment for Season 0 (1 April 2022 - 30 June 2022) is 120,000 USDT;

• Management: Prepare investment reports regularly for 8DAO members to review; Prepare proposals to better diversify and utilize 8DAO treasury assets.

6. Implementation & Timeline

Setting up a multisig 8DAO Treasury Block wallet: 14th May, 2022

Setting up a multisig 8DAO Treasury Investment wallet: 14th May, 2022

The first treasury report: 1st July, 2022 (a new treasury report every 3 months)

The first investment report: 1st Oct, 2022 (a new investment report every 6 months)

7. Budget

For Season 0:

• Compensation for Investment Committee members: 1,000 8DAO tokens/month/member

• Operation: 50,000 8DAO tokens and 20,000 USDT

• Direct investment: 120,000 USDT

8. Squad

Karma Pocket - 8DAO founder & Governor Block Leader

Samuel Gu - Governance & Administration Block Leader

Jason Zhang - 8DAO Team

9. Risk assessment

Even though the Treasury Block may provide better diversification and utilization (including direct investment) of the treasury which are beneficial to 8DAO, it might also bring both internal and external risks. Therefore, it is decided that the Investment Committee, whose members are all with investment & Web3 experience, shall also pay attention to and control relevant risks.

10. Alternative

We have also considered alternative options for external financial professionals to manage our treasury. However, it's relatively difficult to seek suitable professional and cultural background in the market at this stage. In addition, given the size of the treasury, these professionals are generally not very cost-effective. Thus, this alternative option seems not feasible to us at this stage.

Season 0 Strategic Goals

Building a solid DAO foundation in season 0 is the primary goal. This means building a complete internal structure and proper governance. It creates conditions for solid growth in the following seasons.

Since 8DAO is a social DAO, there are two important messages here. 1. Building a DAO mechanism supported by the community majority. 2. Creating values for members via events, seminars, campaigns and other social activities. Strengthening bonding among DAO members is an important part of the DAO. In terms of project and product incubation, we believe it should be built upon a well developed community, especially when there are more right talents and opportunities brought in by members. As a result, we will only participate in NFT/web3/DAO projects that’s promising and within contributor’s capacity.

Primary goal of each block:

1. Governor: Incubate internal units to meet the demand of DAO growth

2. Governance & Administration: Develop sound governance measures and procedures.

3. Community & Marketing: Complete membership system and increase engagement

1. Governor Block

Summary

Governor Block’s main role is to ensure 8DAO functions properly. It also organises active contributors to take leadership roles in DAO. In addition, it will be also responsible for taking tasks outside the other 2 block’s responsibility. Treasury management, ambassador, and internal incubation are the 3 main key functions of this block in this season. The following states the description of each category and budgets needed to perform tasks.

1) Treasury

Ensure treasury functions meet DAO demand and follow proper procedures. Expense include: management tools, gas fee.

· 2,000 USDT

2) Ambassador

Promote 8DAO brand awareness through active participation in events such as online content sharing, participation in live events, media interviews etc. Benefits: increase 8DAO exposure, increase partnership opportunities, attract high quality new members.

· 12,000 USDT. Trip to NYC(NFT.NYC), California and Singapore. Benefits: 8DAO exposure in crypto circle and community building in various important locations · 6,000 8DAO. Appoint one DAO ambassador

3) Internal Incubation

Provide room to test new DAO functions or ideas. When a new unit is proven to be functioning well and meet community expectation, it can be turned into a more independent unit to serve DAO demand.

· Singapore: contributors compensation. 12,000 8DAO, other expense: 9,000 USDT. Benefits: community building in an important blockchain hub, diversify DAO members background, bring in new project opportunities. · Partnership: 5,000 8DAO, 2,000 USDT. Benefits: value creation through partnership with creators, communities and DAOs

4) Block Leader Compensation

Block leader compensation contains two parts:

· Subject to the performance score given by genesis team members, community advisors and other block leaders, each block leader will receive a variable compensation with refer to a benchmark 5,000 8DAO tokens per month. · In addition, each block leader may receive another 7,500 of 8DAO tokens as bonus payment, subject to community voting at season end.

5) Others

As this block needs to support a wide range of DAO matters, a small amount of USDT and tokens are reserved to meet new demand that comes up in the middle of the season.

· 3,000 USDT and 7,000 8DAO

2. Governance & Administration Block

Summary

Governance & Administration Block (“G&A Block”) is mainly responsible for developing 8DAO’s governance structure, as well as providing admin support to all the other blocks, with the help of 8DAO talents.

In upcoming Season 0, G&A Block will focus on two aspects of work:

· Create series of specifications and introduce suitable tools for members to better understand and participant in the governance of 8DAO; · Motivate more members to contribute to 8DAO, with proper compensation schemes.

To be specific, the key objectives of G&A Block in Season 0 are as below:

1) Standardized Proposal and Voting

Proposals and voting are the cornerstones of DAO governance. In addition to proposal section of Membership Guide, G&A Block plans to create a detailed proposal and voting specification at the beginning (M1) of Season 0, in order to:

· Elaborate the minimum requirement (template) of a proposal; · Explain the entire process from proposal drafting to final voting; · Introduce how to use the governance tools (eg. Snapshot, Coordinape); · Work closely with members to create proposals, answering questions and accelerate the process; · Follow up the execution of approved proposals.

2) Upgraded Governance Structure

Along with the growth of DAO, the evolution of DAO’s governance structure is a must. During entire Season 0, G&A Block will work with Governor Block to consistently upgrade the governance structure, such upgrades includes but not limited to:

· Creation of new blocks; · Merge & removal of existing blocks; · Task reallocation among different blocks. Any upgrade of structure will be subject to sufficient communication with members and passed proposals of DAO.

3) Talent Pool

The capability of gathering talents of different backgrounds to contribute is what makes DAO way more competitive than traditional organizations. In order to get more members on board to contribute to 8DAO(and get rewarded of course), at early stage(M1) of Season 0, a talent pool will be established under G&A Block so that:

· Members can sign up with different experience and expertise (eg. writing, coding, designing, project development) and interested block/work; · The blocks can review and invite matched talents to contribute together or: · The blocks can post job recruitment with JD and JR for members of the talent pool to sign up.

4) Compensation Scheme and Budgeting

Compensation scheme is probably the most significant part of DAO governance as it directly determines the productivity of a DAO. Meanwhile proper budgeting of each season would enhance the transparency of DAO governance. Undoubtedly, lots of modification on compensation schemes and budgeting is expected at the early stage of a DAO. During the whole Season 0, G&A block will:

· Talk to various contributors on compensation scheme and make proper adjustment accordingly;  · Work with all the other blocks to find out the lessons taken from budgeting so as to help them improve the budgeting of Season 1. · Evaluate the financial impact of the compensation scheme from the long-term perspective of 8DAO.

5) Talent and Resources Needed

· Members with creative ideas on governance and enthusiasm on research · Members of outstanding writing skills with patience

G&A Block Budget for Season 0

3. Community & Marketing Block

Summary

As a social DAO, members are our most valuable assets. And a strong and engaged community is the cornerstone of further development and value creation of this DAO. The Community & Marketing Block is responsible for developing the 8DAO community and managing external branding and marketing activities for 8DAO. In season 0, the block will be focusing on setting up the basics, recruiting talents and building up capabilities and kick-starting a series of community events for community bonding and engagement.

Specifications below propose to allocate 120k $8DAO Tokens and 15k USDT in Season 0 to the Community and Marketing Block for planning and implementation of Membership, Community Building and Marketing & PR purposes.

1) Membership

Seasonal Goal:

Building up the foundations, getting to know our members and start growing our membership base.

Housekeeping & Basics· Complete verification process on Discord Set up of different channels on Discord· Set up of Telegram group and· Target: 80% of members verified wallet and join both groups

Membership Database · Complete and enhance member profiles · Set up member database

Membership Application Process· Referral flows · Application for non-referral members · Establishment of Application Review Committee· Selection criteria

New Member Onboarding Journey · Design different touch points to insure new members adapt to the community

Member Growth · To grow our members from 60 at the beginning of the season to 300 by the end of this season.

2) Community Building

Seasonal Goal: Create value for members through series community events and increase engagement and bonding among 8DAO members

Member communications · Bi-weekly Newsletters · Bi-weekly Townhall

Member Engagement · Target: Minimum 2-3 member events per month, virtual or offline (excluding town hall) · Solicit ideas and preferences from members · Design incentives for members to participate in events · Design incentives for members to organize events

POAP Development · Design and launch a series of POAPs as recognition and incentives for different occasions

3) Marketing & PR

Seasonal Goal: Set up foundations of 8DAO branding and build up PR capabilities. Grow Twitter & IG followers by 3x and complete the first round of PR and media coverage for 8DAO.

Branding · Develop a Brand Guideline 8DAO brand guideline (Visual Identity, copywriting do’s and don’ts)· 8DAO’s introduction materials for partnership and project collaboration· 8DAO 2nd round pitching material

Social media channel management · Grow Twitter & IG followers by 3x

PR · Engage a crypto and web3 focused PR consultant to set up a media network · Identify copywriting talents · PR for 8DAO’s First Round Closing and Official Launch (Media pitching and coverage) · Support PR for other 8DAO projects and partnerships

4) Budget

4. Season 0 Total Budget

As of 28th Mar 2022, 3,005,800 8DAO tokens have been distributed, and there are 490,000 USDT, 7,500 USDC & 6,994,200 8DAO tokens in 8DAO treasury.