MetaMoloch Meeting 1-5-22

--- ###### tags: `MetaMoloch` --- # MetaMoloch Meeting 1-5-22 ### Intentions and Aspirations #### Recap - We have 16 ETH to figure out a joint-funding framework that will work well for both MC and MolochDAO - Let's start from the high level of what we all want to accomplish with this capital we have to experiment with. #### Helmass - It would be interesting to map the whole MC/Moloch ecosystem. If Ethereum is the chess board, let's understand the pieces and what has been funded. This is critical to determing how to the group will add value from a grants giving perspective. - Map what we have funded and think about where we can capture synergies with projects we have already funded. - For example: Eth Cat Herders. How do we create links between our projects to everyone's shared advantage? - Now is the time to look introspectively from both a MC + Moloch POV: get to the core of what we fund and why, articulate successes/failures. - Generate quantitative data! MC is great with the qualitative narrative, so now let's see if the numbers back up that story: an important part of the puzzle. - What we have funded is on-chain; should be easy to pull and compile. - We have 2 entities to analyze. Comparing/contrasting Moloch +/- MC to decipher the priorities. Towards asking the right questions! - The importance of DAO-to-DAO, or project-to-project collaboration. This might be one of the metrics that we consider. #### Jeremy - What does our funnel look like based on the projects we have funded in the past, in both DAOs? Let's figure out our approach. - Not only the projects, but also identifying values through all of our connections to drive more projects through exposure to our network: curating a list of connections in our shared network. #### Travis - The MolochDAO representitive in an unofficial capacity. - Moloch DAO has some challenges with the Grant pipeline and figuring out what the priorites are. - Think the initiative is important for Moloch DAO to reboot and understand what its priorties really are. - Anemic due to lack of focus on culture. Moloch DAO should take a humbled position to metacartel has and continues to generate. - Internal community connections and resources to share. All for an a aligned goal. - Its clear that the goal is (we are ethereans), but what is unclear is how the projects we fund actually contribute to the ecosystem would be a great focus. - How to clarify our policies, both from an internal and external perspective. Moloch Handbook is a dumpsterfire because no community involvement. Does not have an unique voice to it. Gleaning the most important ideals around the ecosystem. - Moloch DAO is a great usecase. Reinvigorating Moloch is to everyones benefit. Moloch DAO should be giving back to metacartel - MolochDAO sponsored RG to create an annual report. Does this information benefit MC? TW can compile the report and we can scrutinize it together. - MC as a curator of the MolochDAO funds? Can MC invetigate Moloch's pain points and *help them unlock the value of their treasury?* Through this process, can MC get some clarity on some project directions (related to Moloch's pain points) that will generate maximum value for the wider ecosystem? #### Yalor - One solution solves multiple use cases - If MC can successfully allocate funding to projects in a clear and transparent way, we can identify what/why we fund, the impact, document through retroactive blog posts. Ultimately this pushes forward stronger initiatives between MC+Moloch, Gitcoin, etc. - MC has a strong ops squad. Let's hone in on what we fund and why. Let's turn inwards. The cultural aspects of MC has been undervalued in the community-wide ecosystem and it's our responsibility to document these learnings: why the projects we fund are worthwhile and reflect these cultural values of MC. - Shall we shut down the grant pipeline for awhile? (Just a suggestion) because MC is focusing on inbound grant requests, possibly to the detriment of identifying more interesting opportunities. - Following projects at hackathons, scouting, identifying projects that don't fall under one business model. - A small group of highly focused peeps might make it difficult to multitask. We might incorporate a tagging system to track projects, rank them into buckets, id the fit in relation to the MC funding thesis. - MC doesn't yet have this thesis! This could be a core deliverable. *Member retention on our proposal policies is lacking* so let's work to make this process smoother. - The need to articulate reciprocal feedback policies for funded projects: - 4 articles per year? - Projects recently funded, what was funded last year, where the projects were when they approached, where they ended up due to our support - Keeping tabs on project process will help us understand how the value (beyond the economic) is disseminated, empowers us to be better at distributing value moving forward - Great example: Aaron with Govrn, hanging out in MC and learning/understanding that DAOs needed this tool, creating a reciprocal relation with the larger ecosystem and a better roadmap for his project. This is a success we want to keep repeating. - Our efforts are better focused on specifically targeted grants, to support culture + economics for maximum impact - For this group: peeps can self-assign themselves tasks and follow up decen and async. Compensation happens via Coordinape? #### wackErow.eth - Sounds like the need for tighter feedback loops between grantee and projects. A few higher quality projects that have the potential to generate more value and raise more funding will be the most impactful in the long run. - Take the time to lay out clear KPIs, articulate expectations and resources, provide opportunities for them to continuously check-in ### Next Steps (for next meeting) - TW will present the RG<>Moloch annual report work - Let's articulate our immediate priorities, a recommendation on how to continue collaborating together (DAO-to-DAO). Specifically, the value add that we expect to derive from this collab. **A clearly stated goal and objective, tightly defined to push forward.** - Work towards an understanding of the resources needed: a data scientist, engineer, RG outsourcing, etc. - Define the details of the next milestone. # MetaMoloch Meeting Notes 1-12-22 - Begin by reviewing [helmass' doc](https://hackmd.io/TEEQyL1dQdO-IWoecSdwTA?view) - TW offered the [RG sponsorship task list](https://docs.google.com/spreadsheets/d/1hbULktC-PM3TiaXtmblKpFR98UNeTkxTOThlyZO4FTo/edit#gid=0) and specifically the [Burn Rate Model](https://hackmd.io/@rplust/HJI_CID5K) ### Gather a Lay of the Land - How to evaluate progress on current projects and understand how to integrate these learnings - Lots of projects have gone through the MC funnel and time could be spent checking in with projects. Is this a good use of our time? - How to quantify the intangibles of project support without putting a responsibility of work on anyone's shoulders - The MolochDAO approach has been through narrative interview. MC proposes a typeform to gather metrics on the value. Perhaps a combination that balances the quantifiable and qualitative might be appropriate? - MC: *We fund people that have cool ideas.* We don't fund cool ideas. We should be focused on optimizing for that moving forward. - Moloch: Interviewing ApacheTuwane (funded project) revealed they needed more moral support. Maybe open office hours could be scheduled? - Asking people to come to one central place for check-ins is challenging. How to connect funded projects with each other? Facillitating introductions? - Moloch: revamping the webpage to show the full history of projects that have been funded. Serves 2 purposes: - Answer external questions about what we fund and why. - Provide visibility of the projects to each other and facillitate these connections. - We need to articulate clear KPIs to measure the success of the project. Is this always so easy to measure? How is *success* or *impact* measured? - Perhaps easier in relation to apps, but how do we justify grants to projects that are difficult or impossible to quantify? - Data is helpful for telling a story that might not be immediately apparent. Default to the gut/intuition to form the ultimate decision. At the end of the day, there's no science to how we pull the trigger. - It's important to set up goal posts, but not necessarily to hold to them. # Working Session 1-14-22 - @papayamaia joined the group - a data scientist to help us understand the KPIs and how we can visualize it for later. - [Project space](https://hackmd.io/TEEQyL1dQdO-IWoecSdwTA)