🖍️CrayonDAOO Proposal
We're submitting our proposal to the Imperium of Rain DAO through Realms
The information found in this Gitbook will be the most up-to-date information concerning the CrayonDAOO and Proof of Process. This proposal is addressed to the Imperium of Rain DAO and the Degenerate Trash Panda token holders.
If you've just landed on this Proposal Page and you're uncertain about any of the terms mentioned in this proposal, consider thoroughly reading the document in its entirety before placing a vote.
Much of the community feedback I get in the coming week will be fully taken into consideration and I'll be looking to the community to hire from within. Any amendments to anything proposed here today are up for discussion.
Reminder: The CrayonDAOO is a Web3 gig marketplace where Art Collectors and Investors can commission NFT Artwork in a variety of styles backed by Proof of Process. PocketFuel.io aims to create a new standard for on-chain collaboration. The final DAPP will use several contracts from the Only Raindrops Protocol including Player, Item, Match, Namespace, and Staking. Building on Metaplex Standards, our goal is to become a Creation Hub where Collection Owners, Artists, and Collectors can Create, Market, and commission digital assets on-chain.
Key Questions
I made a list of obvious questions that should be answered in a proposal of this sort:
What is the product? Do you need to ship it? Global?
Mostly digital assets (art and design) and Social Media Marketing services
Digital sales will account for the majority of our volume
Why does it need the blockchain?
State preservation
Censorship resistance
Smart contracts remove the need for negotiation
On-chain scarcity and rarity
Solana is the first blockchain capable of handling TXs at such a fast and affordable rate.
Blockchain technology is perfect for aligning Artists and their Collector's interests
On-chain, royalties are exchanged in perpetuity so motivation is provided for an Artist to continue to create value for their community
How much $RAIN do you need? Will you need to sell into USDC?
We're asking for 36,900,000 $RAIN in total
75% or 27,675,000 $RAIN for Platform Rewards
15% or 5,535,000 $RAIN tokens for the Development Team
10 % or 3,690,000 $RAIN to incentivize Ecosystem Growth
I've decided to Bootstrap, and hire from the DTP community. Those who see the value in $RAIN and are willing to take large payments in $RAIN can make the decisions themselves to sell into USDC or stack their bags. We remind everyone that 5.535 million tokens still only represent 0.055% of the total 10bn max supply.
At least early on, there won't be any massive selling pressure on our end.
What's in it for the DTP Holders? DAA Holders?
We'll be extremely busy tagging the DegenTrashPanda and DegenApeAcademy accounts in much of the content we create but DTP holders will get early access to the Beta Version of the DAPP.
When either of the teams drops any Alpha, the CrayonDAOO will amplify their voices by awarding Exp and $RAIN tokens to those who Follow their new initiatives, Like, Retweet, and their posts.
When either of the teams presents new products or tech, the CrayonDAOO will award Exp and $RAIN tokens to those who create Educational content in the form or Medium Articles, Threads, Tutorial Videos, and more.
The overall goal of CrayonDAOO is to become the Decentralize Marketing Arm of the Degeniverse and its affiliated partners creating a network effect that drives value to the brand.
3 Specific Traits, Crayon Farmers (212), Crayon Shivs (486), and Paint Cans (813), will be given a new utility as CrayonDAOO ambassadors.
Crayon Farmers will be dropping art collections and Process work to prove their worth.
DTP holders get the extra loud boost of having a ton of artists dropping new work on the timeline attached to the CrayonDAOO and $RAIN token.
PocketFuel.io is always scouting DTP assets to acquire voting power and trade potential. We also see the value in gifting NFTs to worthy newcomers.
What's in it for the $RAIN token? Imperium of Rain DAO?
The $RAIN token needs more adoption. More wallets. More in circulation.
We champion the Raindrops Protocol issuing Open and Closed Bounties or Quests where we encourage the use of the products and services provided under the Degeniverse Namespace.
We create, nurture, and market various new use cases for the token.
Proof of Process could become a powerful trust signal in the exchange of art in 2023 and beyond. It would be great to be associated with being the first to invest in the company that spearheaded the movement.
Eventually, the completed app would allow $RAIN to be purchased and spent to avoid paying a fee or to buy in-app features like Extra Revisions and Rush Orders. More ideas for uses of the token will come over time but the Imperium of Rain DAO would have active say in the monetization of the CrayonDAOO.
Are you looking for partnerships?
Yes! If you see potential in this business model and would like to partner with the CrayonDAOO you simply have to support our Artists when you see them working, and posting content for the Degeniverse! That engagement should multiply as we bring on more skilled Artists and as word catches on $RAIN is being paid as bonuses.
Special Access for Fox Fur DTP
The CrayonDAOO mascot, FauxFox the Fire Panda has a soft spot for the foxes in the collection. Regardless of trait, Fox Furs (541) gain all the utility Crayon Farmers, Crayon Shivs, and Paint Cans receive. We also have a fondness for the Famous Fox Federation so we'll be using Marmalade to conduct business while the CrayonDAOO is being built. https://famousfoxes.com/marmalade
Token Incentives
The success of this project does not depend on token rewards. With that being said, we still intend to explore other ways to incentivize Artists and Collectors to use our platform. Some top-tier artists may never use a Gig Marketplace. We need to give a few reasons beyond royalties as to why we're the go-to platform.
Token Distribution
Artists will typically be paid in USDC paid by the Collector. Artists and Collectors can earn Platform Rewards as $RAIN for getting achievements while completing bounties.
Platform Rewards
75% of the total 36,900,000 $RAIN that I'm asking for today will go toward Platform Rewards paid out as Leveling rewards and Bonuses. Leveling up and winning achievements can affect the rate at which you earn $RAIN for completing tasks. Platform Rewards stack on top of an Artist's asking payout but are paid by the DAOO as $RAIN. Platform Rewards also payout Open Bounty Rewards for Project Bounties that anyone can participate in.
Gain EXP and earn $RAIN
Each level requires 1000 EXP more than the last. This is to make leveling up at higher levels more difficult by simply sticking to low-level tasks.
EXP per Task
$RAIN per Task
I'm assembling a team...
Building this team is still a top priority; however, the team is needed more for the development and internal marketing of the CrayonDAOO App. Keep in mind the App facilitates commissions but Bounty payments are paid out from the Platform Rewards pool through our gamification of Degeniverse Quests in our Discord. What you see here is how the 15% Team/Development Fund would be used.
I'm going to ask that the Imperium of Rain DAO fund this team for 1 year to help me get this done. Keep in mind the vast majority of the tokens I ask for today will actually be locked up in a Treasury as Platform Rewards that incentivize Artists to level up within our platform. To build and maintain the application I need to expand my company, PocketFuel.io. The Roles listed below are not people but Team Fund Allocations by Position.
A few FAQs concerning the Team
Who are these people? Are all of them necessary?
I don't know yet but instead of thinking of them as people, think of them as Departments that are sent an allotment of the budget bi-monthly to be paid to employees in those Departments.
We need to be able to hire and/or fire any number of people in order to finish this project and drive value for our users. All of them are necessary until they aren't. Myself included.
These 11 positions vote on major decisions and serve as a check and balance to one another. So for now, yes.
How can I join the team? Do I need to DOX myself?
To join the team you have to hold and wear a Crayon Farmer DTP PFP on your Twitter and Discord Accounts. The founder is a stickler for the brand so consistency is key.
The CrayonDAOO may grant Crayon Farmers, Paint Cans, and Crayon Shivs to worthy applicants. Send your resume, portfolio, or LinkedIn to @HANS_SOL_OG on Twitter
As long as you hold a CrayonDAOO trait, you can stay anon and collect Art Bounties as long as you follow the POP Protocol.
Can I earn $RAIN as a Product Tester?
Yes, we're attempting to create Web3 provenance on-chain. We'll pay you or facilitate the sale of your work as long as you follow our method of collaboration.
We know our target audience loves their anonymity. We want to use Proof of Process to verify creators over follower count and social media presence.
CrayonDAOO Artists who use Crayon Farmer, Crayon Shiv, and Paint Can traits will gain collective brand recognition tied to Proof of Process.
The CrayonDAOO will track your journey and cheer you on.
Keep notifications on for the CrayonDAOO and stayed tuned for the Discord invite.
I thought long and hard about how I could pay people and I keep coming to the conclusion we should pay Project Rates in USDC.
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