MetaCartel would like to partner with EF to forge a sustainable and ethical path forward for open source project sustainability within the Ethereum ecosystem. This is a complex problem that every project in Ethereum faces. We will need to address not only business model problems but also user experience, product adoption, community, and fundraising.
We are asking for EF to join MetaCartel DAO with a 300 WETH stake to help support our continued efforts in solving these ecosystem problems.
What is MetaCartel DAO?
→ MetaCartel DAO is a proactive grants allocator(focus on speed and flexibility)
→ Helping early projects(think post-hackathon stage) find paths to sustainability
Helping projects get to their first $1,000 in revenue
We help explore different potential web 3 native business models eg. DAOs
We help projects build a game plan to go find customers / validate revenue
Helping projects get their first 1,000 users
Which existing communities can they launch their project in?
Where they can find customer and user feedback
Gets advice and insight on how to go about building a community
Help identify possible and realistic avenues of continued funding
Do they have an organic path to self-sustainability?
Should the team continue to rely on grants funding?
Are they in a reasonable position to see investments from VCs?
Are they able to potentially crowdfund their capital?
Value propositions for early projects/founders
Funding to subside runway / savings / income
Most folks are willing to quit their jobs and focus full time on their projects
Most don’t have long enough of a personal run way to do so
Even a small amount around $5,000 USD goes a very long way for the leanest teams
Expertise
Time and energy of experienced builders and founders of the space
Able to provide sanity and reality checks / advice for project and team
Sounding board for plans and strategy, prevents wasted time/effort
Access of MetaCartel’s network across all its DAOs
Able to form immediate partnerships for projects
Able to potentially become a starting customer or provide a pilot testing ground
Helps skip the usual business dev and relationship building for early projects
“Being community firsts means that the relationships with each other as a community, are the most important resource we have. Our users, customers, investors, and community contributors are our peers: we are them and they are us. Oftentimes, this means allowing ourselves to be led by the community around us. It means that those around us are able to have input on key collective decisions. It means that our leaders are okay with not always being in charge.”
Once a project become a grantee, they become another DAO member of MetaCartel.
We treat everyone like a peer. We support each other.
If you want to go long, go together.
Lifecycle of a grantee project
All projects that MetaCartel DAO works with are on a proposal basis.
These proposals are lead by an internal / existing DAO member.
What is MetaCartel DAO?
Value propositions for early projects/founders
Relationships between grantees
Lifecycle of a grantee project