Rug Radio Town Hall Notes - April 3rd🎙️
In this week's Town Hall, we discuss the latest developments regarding the DAO. Additionally, we introduce our new Partnerships Lead, Chana, who talks about what she's been up to since February.
gm fam! Every two weeks on Monday at 5pm EST, we host our Town Hall on both Twitter Spaces and Youtube to let everyone know what we've been up to and what's next.
In 5 minutes or less, this recap will get you caught up on everything we've been up to in the past 2 weeks. You can also see the entire team in matching Rug Radio hoodies on the YouTube replay!
Here's what we've got in this week's Town Hall...
DAO & Governance Updates
Creators and Rewards Updates from Jess
Partnerships Updates from Chana
Special appearance from Mike Kriak
DAO & Governance
Long Range Plan and Budget proposal passed with a 99% approval rate
DAO Operational Council proposal passed for another 3 months
Probably Nothing x Rug Radio proposal passed
Probably Nothing is building an app to aggregate Discord communications
This is the first proposal from an outside community that was approved, and they will be integrating rewards in the form of $RUG token.
Kenobi, DAO Council Member
The council has been meeting weekly to discuss strategy and finalize the operational council framework as the thorough and official document that will govern how the council operates.
DAO Engagement Strategy sub-committee
This committee was set up to communicate with both current and prospective DAO holders to educate and inform them about what the RugDAO is all about and the opportunities available. If you're interested in getting involved, reach out to the DAO council in the Discord.
Highlights of Q1
We’re also finalizing our tech and media roadmap for the rest of year, and we’ll present that in the next Town Hall on April 17th.
Creators & Rewards Updates from Jess
We’re now approaching 2,000 members in the program with steady growth week over week since launch.
Sold 12 items in the store across auctions, Membership Passes, Genesis NFTs, and PFPs.
A community member offered a real life lego set of a money tree to sell in our store, plus we have artists and more reaching out.
Coming soon: Building out a new and improved store with enhanced UX, features, capabilities, and more.
Completing the first round of Tier 4 mentorship, which is a coaching and education program to help Tier 4 creators market and brand themselves as well as create content that attracts sponsors.
Creating a Tier 1 introductory course for new creators to learn about branding, production, marketing, and more.
Partnerships Updates from Chana
Chana officially started in February creating SOPs, updating packages, increasing scalability, and we're seeing an increase in client retention and referrals. Primary goals for the rest of the year include…
Expanding partnership opportunities to more Tier 4 and 5 shows.
Launching 2 additional verticals in Q2 as well as landing big brand partnerships for Q3, Q4, and early 2024.
Since February, she has generated sponsorship revenues of…
Total: 427,293 USDC (secured)
Receivables: 208,358 USDC
Grand Total: 635,651 USDC
In addition to show sponsorships, we've also been working with high level event organizers and generating revenue via in-person event partnerships including:
Proof of People in NYC on April 12 (Get your tickets)
Consensus in Austin, TX and a special event in partnership with Metaversal (info coming soon)
Non Fungible Conference in Lisbon, Portugal on June 7-8
Our next Town Hall will be on April 17th at 5pm EST. Click the button below to add a reminder to your calendar!