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title: Scholarship DAO

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title: Scholarship DAO
tags: 
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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)