---
# System prepended metadata

title: CCO Planning
tags: [CCO]

---

---
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?