Name of DAO
[Barback Ltd]
Proposal overview
Barback is a freelancing, career-building and jobs platform for the hospitality industry, complete with a benefits package and a big social mission. Barback aims to become the first gig-economy DAO, where venues/employers and workers can vote on policy within the company that governs labour in the industry. We can create a digital democracy where top performers in each category (bar, restaurant, full-time worker, freelancer etc) become ambassadors for their group. Both sides of the market will elect a leader for venues/workers annually whose job it is to advocate for their side of the industry (policy changes/app changes/industry improvements). These elected presidents will be mediating between the company and the top-performers.
Our mission is to empower venues and employees alike. We go beyond being a normal gig-economy company. Employers and Customers review workers, where they also earn badges/accolades while building a vetted/verified meta-CV, empowering them to demonstrate their skill and their worth. Through our platform we aim to reallocate labour in a more Pareto-efficient manner, where employees choose to work somewhere they are happier, more productive and valued. Likewise it allows for venues/employers to find the right talent for them and their team, truly setting a new standard of labour in hospitality.
In addition, all members will have the ability to put forward surveys/polls/proposals which all users will then vote on with their tokens that they receive through working/hiring.
In addition, it’s our long-term goal to create Barback subsidiaries in each country that we operate in, where we will only raise from the stakeholders themselves. For example, a freelancer or venue will purchase a set of shares, where they then get a free year’s subscription, giving them another mode to vote through equity in the company that governs labour/the industry. If we can accomplish this we can create a true digital democracy by the people, for the people.
The app is currently in production, with an MVP being released end of March. Our long-term goal has always been to put Barback on a blockchain to incorporate digital democracy within a distributed system that rewards stakeholders at all levels. With the right funding (and more importantly, the right expertise!) we can accomplish this a lot sooner, and really become the world’s first gig-economy DAO.
We currently have over 120 venues signed up, and over 300 employees/freelancers signed up. We aim to acquire 2000 active users by end of April (as long as launch goes well!)
Overall, we require a minimum of ÂŁ250k to launch in full fashion, we have raised ÂŁ24k so far, with ÂŁ60k more soft-circled.
To date, we have over 120 venues and 300 workers signed up; we’ve created a universal industry discount card for all members; we’ve begun signing partners for meaningful benefits (finance and tax, meal replacements, banking, beverage platforms etc) and are in talks to get discounts for therapy, mental wellbeing and financial wellbeing platforms. We also have a great team of advisors, including a global director at Aldi in Digital Agile Methods, 2 crypto asset management founders and an advisory CTO whose the CEO of Hatless Studios (equally disruptively minded as ourselves!)
We have 2 active investor advisors, who created Fianchetto, one of whom is currently working on a decentralised platform. We want a community who can really help provide insights and advice with regards to tokenomics, token modelling and governance structure.
Proposal ask
[ÂŁ100k]
Metrics for success
[By June: 2500 users with at least 50 shifts completed per week; first wave of governance proposals to have been voted on.
By September: 4000 users with at least 100 shifts completed per week; completed first series of presidential elections; first wave of top-performing sector ambassadors appointed.
By December: 7500 users with at least 200 shifts completed per week; presidents have been inaugurated at our AGM (27th November, Barback’s birthday); we aim to have implemented several policy changes by this time.]
External links
Website: barback.uk]
Barback Founder Calendly: Calendly - Ewan Moran
Founder LinkedIn: https://www.linkedin.com/in/ewan-moran-3391b8200/