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  • Rug Radio Town Hall Notes - March 17th🎙️

Rug Radio Town Hall Notes - March 17th🎙️

In this week's Town Hall, we introduce our latest DAO proposals and a new member of the team. Also, we highlight our recent partnerships as well as updates to the rewards program.

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gm fam! Every two weeks on Friday at 3pm 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!

Starting with our next Town Hall on April 3rd, Town Hall will be moving to every two weeks on Monday from 5 - 6pm ET.

 

Here's what we've got in this week's Town Hall...

  • New DAO Proposals and Prop House results

  • Updates from the team including creators, rewards, community, and more

  • Highlighting our recent partnerships

  • Introducing Berndawgler, Community and Collabs Lead

 

DAO & Governance🏛

New Proposals

  • Core Team Long Range Plan and Budget (VOTE HERE)

    • This proposal is to ratify the long range plan that we talked about in our last Town Hall where we are requesting $1.25 million in funding for the next 6 months.

  • DAO Operational Council (VOTE HERE)

    • This proposal is to ratify the new DAO Operational Council who will serve over the next 3 months supporting and overseeing the DAO.

  • Probably Nothing x Rug Radio Token Partnership (VOTE HERE)

    • This proposal is to approve a partnership with Probably Nothing who will incorporate the $RUG token into the Zerø ecosystem, allowing us to provide novel utility and use cases for $RUG while rewarding active participants.

Prop House

281 votes were cast with the top 5 ideas granted .5 ETH.

  • Promotion of RR memes: Funding and promotion to support the continuation of RugRadio PFP meme NFT releases.

  • Marketing sticker campaign: RugRadio sticker campaign that will promote our media outlet.

  • Ethereum Guatemala: RugRadio goes to Ethereum Guatemala, supporting decentralized Ethereum events in LATAM.

  • RugRadio SubDAO/Committee Creation: Create SubDAOs to the RugDAO to allocate governance and relieve tasks within the team.

  • RugRadio Community Info-Graphics Printer: Create a simple tool (UI) for the RugRadio community and creators to create info-graphics.

Note: You can delegate your votes to a different wallet on Snapshot via their official guide.

Goverance is power. You have the power to change the future of our organization.

Loxley / Golden

 

Team Updates✍️

Creators & Rewards Updates from Jess

  • Creators

    • Host applications: We're currently developing the entire system from payments, stats, creator tiers and courses, and more. Once we have all of that solidified, we'll be reopening host applications

    • Tier 4 creator mentorship program has launched as a free course for our Tier 4 creators (a $10,000 course in traditional social media).

  • Rewards

    • Launched the rewards store where $RUG holders could purchase a membership pass, Genesis NFT, and bid on auctions. The results have been amazing...

      • Membership and Genesis NFT: Purchased at 420 $RUG and 5,555 $RUG, respectively

      • 30 minute chat with Farokh: Winning bid of 6,069 $RUG

      • Project Feedback: Winning bid of 1,150 $RUG

      • Shoutout on GM Web3: Winning bid of 1,001 $RUG

      • Allowlist Spot: Winning bid of 1,001 $RUG

    • Depending on how many Genesis NFTs you own, you can now earn more $RUG. If you hold these NFTs in a different wallet, use Delegate Cash to delegate to your Xpand connected wallet and then reverify in Discord.

      • Hold 5 Rugs: 25% more $RUG

      • Hold 10 Rugs: 40% more $RUG

      • Hold 25 Rugs: 55% more $RUG

      • Hold 50 Rugs: 75% more $RUG

    • Additional Updates

      • You no longer have to pay gas (transaction fees) to sign up

      • Go to the Discord channel and opt into the role to receive updates about the Rewards Program

      • If you have items that you want to sell in the store in $RUG token, feel free to reach out

 

Updates from JC

  • Highlights

    • Excitement around Farokh going live with Beeple during the opening night of his studio which got hundreds of thousands of views and is the only video on Beeple's Instagram

    • Trait based bids are now enabled for PFP's

    • Setting up discounts for holders for Paris Blockchain week and Lisbon NFC in Discord

  • Worked on

    • Helping Jess set up the Rewards Program multiplier Discord Roles

    • Collab.Land Token Airdrop: Proposals are going to start being reviewed and approved by their team soon

    • IRL events: We'll be working on putting together an official list, but heres two upcoming events we'll be at and we'll have more info soon

      • Proof of People on April 12th in NYC

      • Consensus in Austin and possibly doing a cocktail event

    • IP Rights for Faces of Web3 PFPs is still being discussed with our legal team

 

Communications Updates from Ryguy

  • Expanded my role to lead public relations and communications with the goals of…

    • Ensuring transparent and effective communication with from the community to team to literally everyone

    • Build a PR arm within Rug Radio that allows us to offer a "PR as a service" product

    • Reach a new audience and grow beyond our socials

  • Started building a comprehensive PR and communication strategy

  • Started to improve the copy on our website and wiki as well as identifying other areas for improvement

  • Worked with Buster and the Sorare team on the Press Release which was really well received

We already do an amazing job with communication and transparency, and my goal is to build a communication strategy that allows us to maintain and improve these levels of communication as we grow and scale, as well as provide this as a service to the broader ecosystem.

Ryguy

 

Production Updates from Jazz

  • Video content is going to be ramping up especially on Youtube

  • Experimenting with layout and design of our video content

  • More integration with Rekt Radio into our regular content

 

Miscellaneous💬

Partnerships Updates

  • Sorare partnership + Buster Scher brought on to launch our sports vertical is one of our biggest partnerships of the year

  • Rekt Radio has been partnered and sponsored by Rollbit for 2 consecutive quarters and the contract has been renewed for another quarter

  • Perfecting the partnerships pipeline which has resulted in increasing deals by 75% with most closing at a minimum of 5ETH

Introducing Berndawgler

  • Joined the team as a Community & Collabs manager

  • He has been a Day 1 member of Rug Radio and will be launching his own show, Rug Roast, within the next month

 

The next Town Hall will be on Monday, April 3 at 5pm EST. If you click the button below, you can add a reminder to Google calendar and get a notification when we go live!