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Trent McConaghy edited this page Nov 30, 2020 · 421 revisions

🐡 QUICK LINKS: 🐬 Post Proposal 🐠 View Proposals (Port) 🐙 Chat (Discord) 🦈 Town Halls 🐋 Vote (Snapshot) 🐚

What's OceanDAO?

OceanDAO offers community grants curated by the broader community of OCEAN holders. It's key to growth and sustainability of the Ocean Protocol ecosystem. (Details.)

Funding is for projects of these types:

  • Build / improve applications or integrations to Ocean
  • Outreach / community (grants don't need to be technical in nature)
  • Unleash data
  • Build / improve core Ocean software

Project criteria: (1) ROI towards growth (2) aligned with Ocean mission. Details are in the page for a given funding round.

Funding Rounds

Funding Round Proposals Due By Voting Ends Amount
Round 1 Dec 14, 2020 at 23:59 GMT Dec 21, 2020 at 23:59 GMT 10000 OCEAN x 5 recipients
Round 2 (tentative) Feb 1, 2021 at 23:59 GMT Feb 4, 2021 at 23:59 GMT TBD
Round 3 (tentative) Mar 1, 2021 at 23:59 GMT Mar 4, 2021 at 23:59 GMT ""
.. .. .. ..

Funds are dispersed within 24h of voting ending.

Steps - Summary

Here are steps for a given funding round.

  • For Projects: Submit your project proposal. Answer community questions. The community votes whether to fund your project.
  • For Community Curators: Learn about project proposals. Then, vote. Any OCEAN holder can vote. Vote for the projects that you think will add the most value. The weight of your vote is based on your OCEAN holdings.

Steps for Projects - Details

  1. Post a proposal following this template, to Ocean Discourse.
  2. Answer questions in OceanDAO Discord and OceanDAO Town Halls.
  3. Receive grant, if voted a winner.
  4. Do the project. Doing well here helps future funding requests.

Steps for Community Curators - Details

  1. Review projects at Ocean Discourse.
  2. Ask questions in OceanDAO Discord and OceanDAO Town Halls.
  3. Vote on projects to choose winners in Ocean Shapshot.

Town Hall

The Town Hall is a regular videochat gathering among community members, open to all. It’s a great place to get to know the community. Here you can ask questions, share proposal feedback, and more.

The first Town Hall is Wednesday, Dec 2 at 16:00 GMT.

On OceanDAO Evolution

The best practices and technology around DAOs are still evolving. OceanDAO’s strategy is to “bake slowly” — to ratchet up value-at-risk over time, to give space to learn and for technology to improve. Accordingly, the amount of funds per Funding Round may vary, and OPF reserves the right to make changes in general. The aim is: if OceanDAO creates positive value, then the funds allocated to OceanDAO will go up.

Further resources

  • FAQ
  • "Introducing OceanDAO", Ocean blog, Nov 30, 2020 [link FIXME]
  • "The Web3 Sustainability Loop (OceanDAO context)", Ocean blog, Sep 1, 2020, [link]

What's This Wiki?

It has the links and up-to-date information you need, to participate as a project team member or as a community curator. Being a wiki enables rapid update cycles, changeable by everyone to improve it.

Clone this wiki locally