Please find attached GWGs funding request to cover costs related to stewarding the delivery of NDC V1 Gov led by the NEAR Community. The GWG’s mandate is to steward and facilitate Gigs, RFPs, and Roles to BuiDL and deliver NDC V1 Gov by late Summer '23.
This is our second time around requesting funding from the Community Treasury. April’s bounties are almost paid out in full, and it’s time for us to get rolling on paying out the May bounties.
Read this on Gov Forum instead
Summary of Changes
This time around we changed the process a little bit:
- We based the request on actual Bounty Requests rather than anticipated
- For this reason we also had to delay the process, to allow all requests to first come in
- We also gave the Trustees a chance to review this Funding Request before posting it officially
- We introduced a Gigs board on BOS, which we used for a lot of the one-off gigs and bounties. Have a look here for details.
In Summary, we are requesting $148,311 to cover May’s Retroactive Bounties, down from the original $187k which was budgeted for May in the Q2 Budget.
The following are the budget overruns we saw for May:
- IAH full redesign, switch of provider, combined with delays in recruiting full stack team member. Used INC4 for this, resulting in $7k overrun on Full Stack line item.
- UI/UX work for the nominate widget +$2k
- Tech PM recruited at $6.5k was asked to take on more responsibilities, requesting increase to $13k. Their justification can be found here.
- 2 core team members increased by 33% due to increased workload (up from $4.5k to $6k each). Their justifications can be found here and here.
- Budgeted for 5 moderators by increased to 6 in May (will return to 5 in June)
- More meetings than anticipated increased cost of note taking. Planning to reduce in June by leveraging AI
We also saw significant savings or reductions compared to budget:
- Delay of IAH due to switch of provider resulted in pushing the “Guerilla marketing” to following months
- Finally got started on Gigs, but not as many as hoped for
- PikesPeak delivered more than expected in April, saving us on May budget
- No events, travel or swag in May
Funding Request Details
The table below outlines the details of GWG’s request for funding from the Community Treasury for bounties incurred during the month of May 2023.
May data
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