Skip to content

Instantly share code, notes, and snippets.

@briangershon
Last active October 30, 2022 21:01
Show Gist options
  • Save briangershon/e8361434527b23cfb955ec75e88c5847 to your computer and use it in GitHub Desktop.
Save briangershon/e8361434527b23cfb955ec75e88c5847 to your computer and use it in GitHub Desktop.
$CODE Distribution Process for the Academy Launch

$CODE Distribution Process for Contributors to the Academy website launch

Overview

Distribute 10,000 $CODE to all the participants who worked on Academy website (aka Academy MVP) until it launched on September 20th, 2022.

The 10,000 $CODE will be distributed based on a Coordinape process where all partipants can place their votes for who should receive these funds.

How was the distribution amount of 10,000 determined?

The calculation is based on reviewing the budget and determining what's been done and what is left to do based on that budget.

The budget doesn't make it clear how much to distribute specifically for MVP. The budget is also split between core members and bounties.

Here's a link to the budget for reference.

Looking at the "scope of work" section, most of that is complete. The metrics and roadmap are the only pieces left. The metrics aren't easily measurable with our current technology (except for potentially using Google Analytics).

The "bounties" budget has not been used yet, and half of it earmarked for building the forum.

10,000 $CODE is half of the budget.

That leaves 4,400 $CODE from "permanent tasks" budget, plus 5,600 from the "bounties" budget for continued S1 work.

Next Steps for Distributing $CODE

  • Setup Coordinape circle (completed 2022-10-8) (@briangershon)
  • Create a form to gather Discord handles and Wallets from contributors and advertise form on 2022-10-16. (@briangershon)
  • Contributor form submission starts October 16th 2022
  • Final deadline for contributors to submit their information is October 28th, 2022
  • Add six core team members (past and present) to Coordinape circle and will vote on allocations. (@briangershon)
  • Kick off core-team Coordinape voting process on 2022-10-31 (@briangershon)
  • Finish Coordinape voting process on 2022-11-08
  • Distribute funds 2022-11-15
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment