I see several mentions of raising $1B/y, but it’s not clear to me where the money actually comes from. I do see:
Organize continuous fundraising events and activities through commonly used fundraising methods including crowdfunding
Explore new ways and avenues of raising funds (including launching social enterprises, creating crowdfunding platforms, exploiting of the project’s intellectual property etc)
Do you have anything more specific in mind? $1B/y is an enormous amount of money, and I don’t see anything here that suggests it’s likely.
I just posted the update that contains much more details about my plans including the answer to your question. I hope you can find the time to go through the whole thing here.
But I will reproduce below the section of the update that directly answers your question. Bear in mind that I have many ideas but I don’t have all the ideas and I’m very open to suggestions:
These NFTs will also act as membership passes to the DAO’s private communication, collaboration and voting platforms. Ideally one member per NFT.
In addition to NFT sales, some of the other fundraising strategies that shall be employed or experimented with include:
Conventional fundraising events like fundraising dinners/concerts/charity balls etc held once every quarter (preceded by two weeks of dedicated viral fundraising activities)
“Fundraising fortnights” which are two week sprints (done once every month or every two months) dedicated to widespread viral fundraising drives
Members leveraging their personal and professional networks to reach out to prospective donors and pitch the DAO to them
Individual members and small teams organizing micro-fundraising events, activities and activations
“Decentralized crowdfunding” where individual members initiate crowdfunding campaigns on their own to raise funds for the DAO
Developing the project’s Intellectual Property into revenue-generating books, comics, cartoons, movies, merchandise etc
I see several mentions of raising $1B/y, but it’s not clear to me where the money actually comes from. I do see:
Do you have anything more specific in mind? $1B/y is an enormous amount of money, and I don’t see anything here that suggests it’s likely.
I just posted the update that contains much more details about my plans including the answer to your question. I hope you can find the time to go through the whole thing here.
But I will reproduce below the section of the update that directly answers your question. Bear in mind that I have many ideas but I don’t have all the ideas and I’m very open to suggestions:
Proposed Fundraising Strategies
The initial funds will be raised through sales of Non Fungible Tokens (NFTs).
These NFTs will also act as membership passes to the DAO’s private communication, collaboration and voting platforms. Ideally one member per NFT.
In addition to NFT sales, some of the other fundraising strategies that shall be employed or experimented with include:
Conventional fundraising events like fundraising dinners/concerts/charity balls etc held once every quarter (preceded by two weeks of dedicated viral fundraising activities)
“Fundraising fortnights” which are two week sprints (done once every month or every two months) dedicated to widespread viral fundraising drives
Members leveraging their personal and professional networks to reach out to prospective donors and pitch the DAO to them
Individual members and small teams organizing micro-fundraising events, activities and activations
“Decentralized crowdfunding” where individual members initiate crowdfunding campaigns on their own to raise funds for the DAO
Developing the project’s Intellectual Property into revenue-generating books, comics, cartoons, movies, merchandise etc
Developing DAO-owned revenue-generating fundraising apps and low-maintenance charity entrepreneurship online platforms, startups, SAAS applications etc
Continuously reaching out and encouraging donors to commit to regular/repeat donations
DAO members brainstorming and exploring various other fundraising ideas.
Donations from DAO members
Yes I do have some specifics I will mention these in my next update in a few hours, just putting finishing touches now.