Steering Committee Meeting

--- tags: boston dao --- # Steering Committee Meeting 11/14/2022 ## Agenda * Community and design onboarding * Actionable items in a linear process for EthBoston and launch of Noun NFT * Need to state what needs to get done. ## Community and Design * Colfax is newest member of community and design * Goals: Get quotes and aggreate prices for deisgner for website and nfts - how much do we need to spend? ideally its nothing. * Community - communications with community - telegram, twitter (Jake and Alex - Autumn was running and was good), discord (Jake hasn't had time to work on bridge) * If anyone wants to work on a telegram <> discord bridge, hit Jake up * Colfax doesn't have a ton of extra time - part of GitPOAP and has a strong design team. * DAO understands its busy and how we do we (2.07pm) ## Governance * No pressing items - more on legal risk side ## Legal & Risk * EthBoston * entity is created * Finalize fiscal responsibility between EthBoston and Girls in blockchain (???) (2.09pm) * Identify who is the directors to sign * Phil can take that on with Maria * Fiscal agreement can move right after we have that in place * Alex and Sophia have been looking at venues * NFT Launch * Corbin update: legal aspects to launch and entity - mido marshal island set up * We need one person to KYC themselvs. setup as a non-profit * Find some cash to pay for the setup - Jake and Corbin could front some cash * Total bill is 15k for the first year and 5k each year. coming back to finances for setup costs * Set up on this plan * Alternative for the cayman route - same structure in the caymens, but another 10k. more established, more buracratic, more expensive. Jake opts for the Mido solution for the MVP ## Events * Phil and Alex have been talking to venues * Northeastern is an option - problem with overnight hackathon - hotel nearby in case it doesn't have overnight access * Have a dev who would be interested in providing space (2.14pm) * ~15k for the venue * Question - problems with having multi-venued hackathon? * corbin - everyone would have to stay in northeastern and decamp to 8. For northeastern it would. trying to get everyone to move twice - not a great experience * Previously, they said it was security. if we came to northeastern with security solution. but there is a cleaning staff that comes in at 10pm. they seem open to making exception for us * Hoping seaport venue works out * Coinlist - handles a lot of hackathons - host it online and let the hackers work from anywhere. * Manasi prefers in-person and what we are trying to build in Boston. * Corbin doesn't like hackathon - the culture, the feel - in-person you are collectively together * Harvard was overnight - clean up and security - coming with the solutions/plans - they feel more comfortable * Multi-space would work for things outside of the hackathon * Was harvard keen about having ethboston? * Corbin - no * Alex - harvard blockchain club is not having it at harvard. northeastern doesnt seem enthusiastic * Phil - Person Phil was talking with at Revere Hotel. Know what is going to happen from the previous Harvard Blockchain - 100k for all information. Phil is looking into additional questions (2.19pm) * Any week in march conflicts with other school conferences * If we charged a nominal fee - $50-$100 * MIT and Harvard are shuffling dates and anchor the dates and the other universities could work around our dates * MIT has pretty set dates and its at MIT * Fidelity is very interested in sponsoring EthBoston and is looking for additional information but Manasi didn't have any information to share other than deck * Emanuel from Fidelity * Seaport venus: https://us06st1.zoom.us/web_client/9zdhk1t/html/externalLinkPage.html?ref=https://www.wsdevelopment.com/ * We havent developed sponsors, we need to find the real level of interest. If we can lock in fidelity as a sponsor, everything else should fall into place * Focus on getting fidelity as a sponsor ## Partnerships * List out and aggregate all potential sponsors * Communicate to John Zannos any sponsors to reach out to * John has started to build a target list and will put the list out in discord * Partnerships are for general Boston DAO - EthBoston is most upcoming event and anchors the conversation for a next step ## Tech * We have commits coming into a repo * Jack rebased Nouns DAO to be up to date * Update the front end web app * Looked at pulling out variables for the contract * We should have a tech meeting this week * Evan - check in to recap on discord * Need to talk with artist to get generative NFTs * From front-end perspective, generating smallest thing possible and keeping NounsDAO framework in place * Could use a nouns builder if we run into a time crunch * Timeline - as soon as possible * Status of the website? * We need to do a better job of communicating - what is the progress? we haven't communicated anything beyond that. good place to share our progress * Could link to trello? * We could have a general status updates * Development has been focused on Nouns Monorepo * Docker has a lot of moving pieces with Docker, it will slow us down * Having a general design and get general feedback * Could focus on separate repo * Are there other items where we need to adjust the budget? * If we do modify the contracts - an audit would be nice? * Web hosting budget * Web designer * Consolidate Skiff to discord * Consolidate trello board over to notion * Could we use notion page to host our website? * Yea, that would be low hanging fruit ## Governance * Scholarships - come separately or allocating NFTs to that bucket ## Financials * How much do we need for a raise? If Fidelity comes in, we can use it to anchor EthBoston * Jack cash update - Circle can enable send functionality Silvergate (usdc and silvergate USD). We can have multi-sig, move it to circle, or other options to move the cash around * Jack created preliminary budget - didn't have costs, but wants to post the budget in Discord. * Action: every look into the sheet and update it. If that doesn't work, department/steering head can come into the finance meeting * Once we raise the money and set up the legal, we can get the circle account and we can see how much we need to raise * What are the minimus for Silvergate? * There is no minimum * There is a monthly fee for a few hundred * Send Functionality is free on the circle side * Silvergate processing time is around a month * There is a fee once you go above a million dollars * Manasi talked to someone at Circle is is onboarding DAOs. Without a legal entity, we won't be able to do anything * We will want to raise for two or three years of runway - keep in mind for budget check * EthBoston financing and budget needs to be separate * We have bank accounts in place * They are two separate entities - EthBoston Inc is incorporated in Delaware * It was always the intent * Corbin accounting update - friend is happy to do pro bono. have a lot of crypto clients and are game