Proposal Overview
This project has two primary purposes.
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Use Quadratic funding in CityDAO.
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Build something cool at Parcel-0.
The definition of a monument is “a statue, building, or other structure erected to commemorate a famous or notable person or event” – we want a structure to commemorate an event, CityDAO’s journey thus far, along with a notable person, Vitalik.
Proposal – Authorize a 10k matching pool to build a statue of Vitalik and a bench using Quadratic Funding at Parcel-0. Allow ScottA to appoint a team of between 3-5 citizens to execute the proposal.
The goal is to raise as much funding as possible; the more funding, the more money allocated to the project. In other words, the more money, the more Vitalik. The statue’s size will increase with the funding (if we build it big enough, he has to come to see it, right?).
Important to note – CityDAO will only fund if we receive private donations with a max of 10k in matched funding. In this manner, a large part of the funding will come from outside the CityDAO treasury and costs to CityDAO will be limited.
Once the Quadratic Funding round is complete, the team will oversee the monument’s building. In short, we will find the best prices from the best people and ensure the construction and placement at parcel-0 are as promised.
Project Team and Lead
@ScottA will lead and appoint a team of between 3-5 citizens
Suggested team:
@ScottA, @scottfits, @DenverCitizen9, and TBD
Proposed Team Comp
Upon successful installation of the monument, the team will be compensated 1000 USDC each (3000 - 5000 total) along with a Citizen NFT each (3 - 5 total). Additional funding might be required if special circumstances arise.
Best Case
We get a gorgeous monument that people will visit and will serve as a symbol of the bold venture that is CityDAO. It will also educate citizens on the process of QF.
Worst Case
Nothing is done and it won’t cost a thing.
Timeline
Week 1 – discuss CIP in discourse
Week 2 to 3 - Carry out the quadratic funding round
Week 4+ – use funding to build the desired monuments
The timeline will depend on the time needed to construct the monuments.
Alignment with Mission
The educational component will serve a critical role as it will lay the groundwork for future applications of QF. The process will help build a framework for future projects to build public goods, etc. This will increase the overall capacity of CityDAO to build a city.
More directly, it will increase time spent at parcel-0.