--- title: Scholarship DAO tags: --- Scholarship DAO - Scholarships for people to start communities from 0 and get ready for grant-committees & funding. Sounds like a lead-gen funnel for own investments - UVP is not the size of checks, but flexibility & speed. - Funding sources: Self-funded by group of friends. Follow-on funding is not an issue - Team Background - Celu: 2013 '1st altcoin fund'. Family Office & funds - Yoni (?): Own Fund - Rick: Started VentureDAO (?) - Investment Thesis - Any area with traction (e.g.ZKsync, Olympus forks) - Background in their area of interest - Deal Terms - Funding Size: 5-6K USD - No contracts, follow-on investments - Time Bound: 3-6 months (extendable) - Funnel & Process - Informally through networks - No preference for softwares / DAO tools Collaboration Areas - MX can pass teams to them (as grant/funding source) - MX can get a grant from them - They can pass teams to us (as lead-gen)