Hi @frwrdslosh
Please find further Information requested below.
Accounting Information requested.
- To whom the tx was made (alias is fine)
- How much it was
- Business purpose of the expense and supporting documentation.
- Treasury balance before expense
- Treasury balance after the expense.
To whom the tx was made (alias is fine) & How much it was:
Creative DAO transparency report was posted previously here: Harmony Creative DAO Governor Pay Transparancy Report
Approval for the retroactive payments was requested and approved here: Snapshot
Payment made for 28th November - to 12th of january
| Total Paid Out | Harmony Paid | Transaction ID | Total Dollar Value |
|---|---|---|---|
| Buythefndip | 6182.327129 | 0xaf5d3908c7f2c7fde245577b096ecaaa1b3d84b0f6cfb9890ff06c925fb7cea2 | $1,140 |
| Cheeky Chris | 2358.89435 | 0x551a1970e744d84d6dbedfb02bb9bc5bd13955ec1b6f4d31af6a813dccab10ba | $481.25 |
| Chris Stakeridoo | 3702.82922 | 0xa197a21c8af0ccba16c2e55f4f66c0248727e2ae4b649541e47bbba50f065066 | $687.50 |
| HODLen | 3634.091009 | 0xca9fe3ebd93251839b1e97f7e47528925af09fdd8d623c84b16ce679daa8b192 | $722.50 |
| Bricktop_One | 22940.65199 | 0x9ee22b4bbcd80829ec12969bfb69d1bd6a3a11d17c87f7f3c8405b4ab3675a82 | $4,970.00 |
| Loechii | 4475.91829 | 0x1ea414efef876ff77ab2720a3b757f0ac321d31fd74a2bfbf2b4b67a1c8d27f4 | $917.50 |
| Thehighindian | 4979.976496 | 0xe757d530976b50c9d74b40f6e0fd2594dc2422cac7666201ad1207a60fc6c77f | $981.25 |
| Thenursegreg | 14711.13691 | 0x6ea44cc66ba946ca575ee0c8df9b23c5d75f50e56158c5b6dac03bc287095925 | $3,193.75 |
| Globey NFT | 0 | N/A | $0.00 |
Additional payments for Community DAO assistance with DAO set up as external governors, advised to be paid from the Creative DAO treasury here: Funding for Support of Creative DAO Launch
| Total Paid Out | Paid | Transaction ID | Total Dollar value |
|---|---|---|---|
| Kakashi | 2090.625 | 0x37d31a53c2fb410ebfe22f8b8fd3e8b2c5bb5bbe3f252c269e856b55783d7929 | 481.25 |
| Strongmindshold | 551.47 | 0x912ff9421d99f498dd147765a642774fd2d545b19db74d9d9482f1ca7ea5364b | 150 |
| Ben Stakeridoo | 1769.301 | 0xa54f569debb978ff8507777cd96a3a967d5d8bc684b81860d4f6e1ff9c75659a | 568.65 |
Payment made for 13th January - to 31st of January
| Governor | Paid | Transaction ID | Total $ | Harmony |
|---|---|---|---|---|
| Buythefndip | 5,114.6283 | 0xd6145b612156f5e58c42a6272acdf9574ebe81c017bbec436574c85f7ae56c2c | $921.25 | 5,114.6283 |
| Cheeky Chris | 3,355.4995 | 0x5745676eddf18d5decaeb0d2aac84c243a453bb2c81a7b0ac268cc0a597169b4 | $606.25 | 3,355.4995 |
| Chris Stakeridoo | 1,798.6198 | 0xa48771e9308f9d1c6d500f5ad6acf04bb0ccf75d70670eac7edc0eb6fc87dffa | $325.00 | 1,798.6198 |
| HODLen | 1,391.1069 | 0x7dbefd4765a9f78354fdd8fe9c4ae4b16b4ec989ffe72fbc1cd876f65a1cb0a9 | $250.00 | 1,391.1069 |
| Bricktop_One | 6,593.2220 | 0xc4c39a677d9fa70efda9febcb258296546f76ddecd940d99188e19384a3d5491 | $1,178.75 | 6,593.2220 |
| Loechii | 1,789.5389 | 0x462d4fa052308b33ca82bcf297dc185ce74071c2e5dea9b6665107f8f765c2e5 | $317.50 | 1,789.5389 |
| Thehighindian | 9,453.7966 | 0x24FcB26a538Fc692B4eFE00FE5AEC7d5C5A00983 | $2,025.00 | 9,453.7966 |
| Thenursegreg | 9,116.4801 | 0x36d13b0b24915259963ba91682eb259083af90f70711e468b39db371a254b63e | $1,812.50 | 9,116.4801 |
| Globey NFT | 0.0000 | N/A | $0.00 | 0.0000 |
Business purpose of the expense and supporting documentation:
There has been no external expenses except from those mentioned for the setting up of the DAO.
Information for hours work Can be found in publicly shared docs which include clockify PDF’s for the mentioned dates for the team: Payroll to date - Google Drive
Treasury balance before expense & Treasury balance after the expense
The Dao received funding on the 18th of January for the approved 50K.
Payments were made to governors for the retroactive payments to the tune of $13,094 on the 18th of January leaving $36.906
On the 21st of January Community DAO governors were paid for their contributions as mentioned above and were paid in total $1199.90 for their work leaving $35,706.10.
On the 1st of February governors were paid for their work to the tune of $7436.25 leaving $28.269.85
Since then with changes in price action, this has left the Creative DAO treasure with 51,336.3964 Harmony, valued at the time of this post $7,665.50 which is a significant hit for the DAO Treasury. The retroactive payments and price action some of the main reasons why we submitted another funding request 26 days ago, 7 days after receiving funding.
https://multisig.harmony.one/#/safes/0x7c81E03cDCF8e0a65613fF856834054C2b7bC563/balances
Reporting
It has been requested that we provide information for each metric prior to our previous voting proposal. I believe this is something we cannot provide.
For your understanding, I would ask you to take a look at the following excel document so you are aware of how much the funding delays had affected the DAO from the period from 28th of November to January 12th, Please scroll from the top of the sheet, and quiet clearly you can see the red highlighted sections of the sheet being more apparent showing governors giving up on work due to lack of support by the foundation as time went on:
With governors being uncertain if the DAO would be officially supported by the foundation and with the funding being delayed 52 days had reduced us from a team of highly motivated and eager governors, coming down to 2 governors clawing to keep the DAO active and operational. Instead of become more efficient and work being ramped up in various areas, it was a debilitating factor for the DAO.
This uncertainty is happening again and we are trying our best to keep the DAO motivated and to continue the work.
We have posted an array of work on this Talk.Harmony post since funding was in place and due to the situation we faced, we believe this should suffice.
Social Media Growth
November
December
January
19 days of February
How have we encouraged involvement with the Creative DAO
We have created a contributor form in which we have already have 69 creators that have signed up to the Dao: Contributor Registration Form
Along with having a community to call upon and notify regarding bounties, this is providing us with vital information about our creators and how they work as seen in some of the data below:
Along with internal contributors we have recently posted to Talk.Harmony and following approval to Snapshot regarding our 25k bounty program which are we are waiting to go live with once funded:
Creative DAO - Creative Bounty Program Snapshot
We have also created a form for social media contributors to amplify content of material when released: https://forms.gle/D92t3H1DX65GT3qk9
Since being funded the Creative DAO has put out 2 proposals via snapshot which can be found here: Snapshot
The Harmony Creative DAOs community and internal contributors, external groups of creators and social media influencers are about to take part in what we believe will be the single largest marketing drive Harmony Protocol has expirienced to date, focussed on multiple social media outlets and different platforms and through an array of various forms of media through its bounty program. As soon as funding is received, further working groups will be formulated to ensure the bounty program is as effective as possible with its drive on what information is to be covered and effectiveness of the initial media blast regarding the bounties, we will be calling on a members of the core team to ensure we have the full backing of the foundation for extra exposure to ensure maximum effectiveness.