- **Challenges with DAO Decisions**: - DAOs can be chaotic. - Ideas often only get halfway executed. - Suggestion to delegate responsibilities to teams for better organization. - **ETH Denver Experience**: - Last year's experience lacked organization. - Treasury funds are underutilized. - Goal: Present a more organized outline at the next meeting. - **Hackathon Perspective**: - Last year's hackathon was last-minute and lacked organization. - Suggestion for an internal hackathon manager. - Form teams in advance for better preparation. - Consider stipends from the Treasury for hackathon members. - Importance of well-organized teams for better chances of winning. - Opportunities arise even for teams that don't win. - Need for RaidGuild support and coordination. - **Value Recognition**: - Need consensus on how to evaluate and recognize the value of individual categories. - Importance of understanding the highest impact areas. - Concern about mismatch of skill set to tasks. - Need for a vetting mechanism to match skills to tasks. - Past experiences had enthusiastic members but lacked execution due to skill mismatch. - **Budget Considerations**: - All activities could fall under a marketing budget. - Suggestion: RaidGuild should consider spending up to 20% of the treasury on marketing initiatives. - Unclear consensus on budget allocation. - Need to account for other marketing efforts throughout the year. - Importance of compensating members for high-value initiatives. - Need to determine available budget before encouraging proposal submissions. - **Responsibility**: - Concerns about selecting the right skill set for each initiative. - Potential for a point person responsible for their budget. - **Money Allocation**: - Deciding budgets for initiatives. - Question of who decides the budget amounts. - **Hackathon Coordination**: - Importance of having a lead or coordinator. - Need for a mechanism to ensure qualified individuals take on responsibilities. - **Prioritizing Tasks**: - Importance of consensus on priorities. - Need to decide on high-value initiatives first. - **Process Proposal**: - Treat the task allocation like an RFP process. - Use signaling sessions to rank tasks. - Invite members to submit proposals for prioritized tasks. - Use a vetting mechanism on the front end to avoid awkward situations later. - Propose a light proposal template for ease of submission. - **High-Level Strategy**: - Need for a broader conversation on marketing strategy. - Consideration of whether the strategy needs to be decided before diving into tasks. - **Sales Funnel Perspective**: - RaidGuild operates more like a high-touch sales funnel. - Importance of meeting and explaining RaidGuild to potential clients. - Potential misalignment with generic marketing strategies. - **Dashboard for Metrics**: - Desire for a dashboard to track metrics like unique page visits and conversion rates. - EC Wireless mentioned integrating site analytics. - Importance of understanding the entire sales funnel. - **Marketing Concerns**: - Fear of allocating resources to non-impactful areas. - Desire to evaluate the effectiveness of marketing strategies. ### Process - **Process Proposal**: - Add marketing evaluation to the list of tasks. - Use a TCR signal vote to prioritize tasks. - Each member receives an equal allocation of voting tokens. - Members can allocate their tokens to the tasks they prioritize. - After signal vote, a lightweight proposal template is used to define scope, problem, and approach. - Proposals are evaluated and commented on by members. - Economic considerations need to be addressed in the following weeks. - **Signal Vote Details**: - Tasks are put up for a signal vote without a well-defined scope or budget. - After the vote, tasks with clear signals are further defined. - Tasks without signals are disregarded. - **Proposal Submission**: - Interested members fill out a lightweight proposal template. - Proposals include goals, strategy, team size, and budget. - Multiple proposals can be submitted for the same topic. - Proposals are evaluated, possibly through emoji voting or other simple mechanisms. - Competition is encouraged, but collaboration on proposals is also possible. ### Budgeting - **General Budget Considerations**: - The group discussed the challenge of determining a budget for the marketing initiatives. - The idea is to base the budget on the guild's earnings from the past year, which would be bear market earnings. - The group discussed the importance of being conservative with the budget, especially considering the unpredictability of events like eath Denver. - The group also discussed the need to avoid subjective magic numbers and instead base decisions on past data and initiatives. - **Evaluating Past Marketing Efforts**: - The group discussed the importance of evaluating past marketing efforts to determine their value and the amount spent. - This would involve looking at the efforts of the spring brigade and reviewing the history of rips and treasury payouts. - **Value of Initiatives**: - The group discussed the challenge of determining the value of various initiatives, such as booths at events. - They noted that while some initiatives may seem expensive, they can lead to high-value clients or other benefits. - The group discussed the importance of allowing sentiment to emerge through a decentralized signaling process rather than relying solely on individual opinions. - **Reviewing Past Efforts**: - The group discussed the importance of reviewing past marketing efforts to provide context for future initiatives. - They noted that it's essential to understand what has been funded in the past and what value those efforts have brought to the guild.