---
title: Grant Committee RfC
---

##### tags: `grant` `proposal` `RfC` `event_investment`

# MCON3 sponsorship

Comment on this response here: https://hackmd.io/rRom9nTpTbaoq4p5D7zX9g

Request at: https://github.com/lexDAO/Grants/blob/087a75822afac3dab85089a1817cf690fd45034f/request/MCON_III_sponsorship.md

## Committee decision

The Committee approves. The $5000 sponsorship amount is high enough, and the value add of sharing with the news with the entire DAO is good enough, that we recommend this goes to a DAO-wide vote.

We recommend the entire DAO unanimously votes yes, to signal our excitement to the MCON community.

## bestape reasons (Lead)

From https://github.com/lexDAO/Grants#grant-request-process , the Grant's Committee's current goals are:

* measuring and storytelling LexDAO's impact, with a flywheel included (invest in the Grants Committee)
* members hosting events or representing LexDAO at events, with a flywheel included (invest in generating the Events Committee)
* expanding our media and media distribution, with a flywheel included (invest in the Comms Committee)

That means this grant should land in one of these three `TYPE_investment` tags:

1. `report_investment` if it helps tell LexDAO's impact story
2. `event_investment` if it involves LexDAO hosting events or LexDAO members attending events
3. `promote_investment` if it helps distribute LexDAO opportunities such as our events, publications and offshoot products or services

Given our extensive conversations with Yalor Moon and the rest of the MCON team, their reputation in the Web3 events space, our experience co-hosting a legal engineering side event with them at the Gitcoin House this EthDenver and our dedication to event investment, paying for sponsorship at MCON is a good fit with LexDAO's `event_investment` goals.

Because MCON believes so deeply in our 'law is a public good' mission, We are getting a far better deal than the basic tier pays for:

* at least limited publicity maybe more,
* can pay in two $2500 installments,
* effectively $2500 given we still owe $2500 for the EthDenver collab,
* 10 tickets,
* discount we can share in our newsletter,
* official side event with space to run it

I approve the grant for the basic tier sponsorship at $5000 and hope the entire DAO votes yes to fund with the general treasury pool.

### next steps

timeline
    title LexDAO IRL events 2024 /tba/
    1Q  : .
    2Q  : Prospero (May @bestape).
    3Q  : EthBerlin (Jun @pmgandi)
        : MCON3 (Sep x10)
    4Q  : DevCon7? (Nov)
        : India BCW? (Dec)

- [ ] move this to a DAO-wide vote
- [ ] recommend the entire DAO votes yes

## Tertius reasons

Please see Snapshot comments, if any.

## Cimply reasons

Please see Snapshot comments, if any.