Issue 29 - Mar 2 - Mar 22 2020

Image credit: @sænder

Treasury balance: 634,943 DCR (approx +13,369 DCR/month) - $7.2 million (+$15k/month) based on $11.32 DCR price

New proposals

Decred Brazil Marketing and Events Proposal

Published Mar 6 by emiliomann | edited Mar 20 | 23 comments

Voting figures as of writing: 2,160 Yes votes, 2,519 No votes (46.2% Yes) - voter participation of 11.6%, support from 5% of tickets.

This proposal requests a budget of $108,000 for marketing and events in Brazil, to cover until the end of 2020. The proposal comes from @emiliomann, an early member of the Brazilian Decred community who has been leading on marketing efforts there since the beginning. The scope covers operating events, meetups, sponsors and marketing in Brazil, including the creation of marketing material, videos and other content in Portuguese. Events include the Campus Party series, Bitconf São Paulo and meetups in a list of other cities.

The majority of the budget ($78k) is for the hours worked by the 18 listed contractors, $20k for travel and accommodation/subsistence expenses associated with attending events, $8k for sponsorships or other event fees, $2k for swag. The proposal was edited to clarify that plans for events are currently on hold due to Covid-19, and if they do not resume that part of the budget will not be billed for.

The highest scoring comments (from @guang and @praxis) raised questions about spending at this rate during the current market conditions, and about the impact of Covid-19. @emiliomann responded to all of these questions and edited the proposal to clarify how its execution will be amended in response to Covid-19. There are also other positive-scoring comments which express support for the proposal.

US Marketing & Project Release Coordination 2020

Published Mar 10 by dustorf | edited Mar 16 | voting started Mar 19 | 55 comments

Voting figures as of writing: 1,452 Yes votes, 2,060 No votes (41.3% Yes) - voter participation of 8.7%, support from 4% of tickets.

This proposal requests a maximum budget of $177,800 for US-based marketing activities and release coordination in 2020.

It lays out budgets for a number of distinct sub-projects, and lists the contributors who are leading on each one:

Tactic Number Cost Per (USD) Extended Cost (USD)
Decred Journal 12 3,500 42,000
Politeia Digest 12 750 9,000
Decred Drive 12 400 4,800
Monthly Newsletter 9 500 4,500
Original Content Generation 12 2,000 24,000
Decred in Depth Podcast/Rough Consensus 30 800 24,000
Decred Assembly 5 1,500 7,500
Public Relations Coordination 12 1,000 12,000
Release Planning/Coordination 5 6,000 30,000
Marketing Updates 1 20,000 20,000
Total 177,800

The first version of the proposal included a budget for Community Organizers, who would organize and attend events to represent Decred in the US. In the first version it was noted as being subject to Covid-19 outbreak related disruption. It was scrapped outright in the final edit before voting started, reducing the total budget requested by $24,000.

Plans for Decred Assembly have been scaled down in this proposal, cutting costs by 50% by abandoning the studio in favor of doing the video recording and editing within the contributor community.

Criticism of the proposal has tended to concern specific aspects and their associated budgets.

Politeia Digest was criticized in two comments on the basis that it should not cost $750 per month for “a few paragraphs”. @richardred responded to say that $750/month was a maximum budget and that from experience the typical amount billed monthly is presently lower ($450/month average for the last 6 months) - but busy months and complex proposals take longer to report, and the budget is set based on an expectation that Politeia will get busier as another year rolls by.

Questions were also asked about the Decred Journal’s production, @pablito expressed surprise to see it as the most expensive individual item, and received answers from @dustorf and @bee which explained more about how the Journal is produced. A significant amount of (skilled) time goes into producing technical sections like Development and ensuring high standards throughout the rest of the sections, which aim to give a comprehensive account of the month’s developments. The provision of links to a relevant source where the reader can confirm and read more about every story, and the multi-stage review process, are cited as further reasons for the Journal’s relatively high cost.

The budgets for original content generation, release coordination and marketing updates were also questioned. @Dustorf has commented to say that the content generation budget will be billed against at the hourly rates of contractors who work on it, and would be expected to produce more than 1 article per month with the $2,000/month budget.

It should be noted that there are also a number of positively-scoring comments which commend the high quality content produced by the various sub-projects and see the budgets as reasonable.

While this project has been under discussion, the cryptocurrency space experienced a sharp decline in prices globally (alongside other assets like stocks), and there are a number of comments which make the general point that spending on this kind of activity should be reduced during times when the USD/DCR exchange rate is so low. Others suggest this is a time to keep going strong. The question of metrics to measure success of marketing efforts was also discussed.

DCR to PolisPay App - Gift Cards, Mobile TopUps and Debit Card

Published Mar 19 by eabz | 2 comments

This proposal requests $5,000 for integrating DCR on an app that allows users to store cryptocurrency, buy gift cards, and operate a debit card (EU only). The funding is intended to cover “risks management for cryptocurrency conversion and to pay for running an instance of blockbook for Decred”. The proposal also offers a lifetime low fee rate, dropping usual fees of 4% for gift card purchases and 2% for trades between coins to 1% for DCR. There have not been many comments on the proposal yet but in the #proposals channel people are asking about why the app is not open source, and @Enrique Berrueta has indicated that it will be released as open source “next week”.

Rejected proposals

Decred Europe Marketing and Events Proposal

Published Feb 9 by Haon | edited Feb 18 | 34 comments (+2)

3,857 Yes votes, 6,393 No votes (38% Yes) - voter participation of 25%, support from 9% of tickets.

About this issue

Snapshot of Politeia data for this issue is based on this commit.

Content for this edition was authored by @richardred with fixes from @bee and @degeri.

Image credit: @sænder

Richard Red

Techno-social (data) scientist. Likes peer production, public blockchains, decentralized credits, and DAOs.