---
tags: CCO
---
# CCO Planning

### things we should have done before doing a CCO

- V1 of the app is done and (at least) in open beta
- Additional members in the community, ie at least marginally active in discord
- push our beta testers into discord (create a tester channel)
- work with DAOhaus to create a CCO page and mechanics for our polygon DAO

### possible timeline
1. release V0.5 into closed beta: late July
2. release V1 into open beta: mid-late August
3. start CC0: mid September

### questions we need to answer
- what do we want to accomplish with the funds contributed?
- get to a V2 of the app, i.e. the pooled model
- w/ 1-2 additional activity types and/or data sources
- stretch: figure out how to solve the decentralization / privacy dilemma
- how much runway do we want to have?
- probably around 6 months
- What's our burn rate?
- probably around $20k+ / month
- paying contributors
- potentially marketing spend?
- how much in contributions do we need? aka how much DAI do we want in our DAO?
- 6 * $25k = $150k
- so perhaps min $120k and max $170k
- how long should the contribution period be?
- probably ~2 weeks
- what should our token allocation be?
- target 10% CCO (min 8%, max ~11%)
- 20% early contributors
- 70% locked in trust contract (can't be accessed till all contributed funds are spent)
- some will be earmarked for retro- and ongoing user distributions
- some will be earmarked for subsequent team compensation, either directly or via a second CCO
- our implied valuation is therefore ~$1.5M -- is that right? should it be higher?