Why are you asking for a $250k investment category proposal? Have you considered a Launch proposal ($50k) and/or a Grant proposal ($50k-250k)?
We have considered multiple options.
There’s two good reasons why we’re not going for a launch. A launch only gets funding post-launch, which will not happen atleast this year. The funding we are searching for is primarily pre-launch, funding for development and marketing. The second reason being the limited amount. We’re nearing towards 22-24 sets of 3 (sometimes four) Harmons with 7 animations each (walk, run, attack, defend, death, idle, face animations) - if we would to outsource these, they would hit towards 2 - 3000 USD per set, setting us at $72000 for just the 3D models and its animations. Backgrounds, battlegrounds, menus, splash loading and developers wouldn’t even be able to be calculated in said funding.
The funding quantity is correct, the timeline however is unrealistic. There is no way we can launch in 8 weeks, neither do we have 10K active users at this point.
What we are looking for, is an investment of an external investor to help us reach our goals - as well as strengthen the network with a fully fledged dApp.
Assuming you continue with this as a $250k investment proposal, do you have a breakdown of how this will be spent and the timeline for such spending? A bit more detailed than “recruiting”.
We currently have an average breakdown and timeline. We’re working on a full documentation of how everything is exactly going to work. The investment would be to continue paying the developers and artists currently on board as well as get extra helping hands. To provide a standard income for said commitment. Our main idea was to have a multisig wallet with the investor and continuously pitch our next expense. Bi-weekly let our investors know what and why we would need said expense and the timeline a result would be given.
Example:
- Needing $10k expense fund for 3 sets of Harmons, 3D modelled - rigged - textured and animated. Expected result in 4 weeks.
- Needing $15k expense fund for P2P game hosting, allowing players to host their own games and set their own rules for a specific game. Expected result in 4 - 6 weeks.
We are not looking for a big fat check on our account, we are looking for committed investors. Investors that we can turn to in times of financial need and in return deliver the promises made for said funding. A multisig wallet would, in my personal eyes, be the best option to set said investment. Maybe deliver a DAO set with governors between the staff of Freyala and members of the core team of Harmony. Give the people of Freyala the option to vote on to what to use the funds for.
But the exact specifics on how such an investment works, is up to the investors themselves ofcourse.