BDIP-4.2: DAO EDF and Treasury Allocation [Live]

Abstract

AI Skins is an AI-powered asset generator developed by the core team that enables creators to instantly showcase their creativity and work through 3D-styled assets in real time using AI. More information on AI skins can be viewed here.

This proposal seeks to split the publishing fees generated by AI Skins (BDIP-4.1: AI Skins Publishing Fee) and allocate them between the BreederDAO Treasury and the DAO Ecosystem Development Fund (EDF).

Rationale

The objective of this proposal is to allocate the publishing fees generated by AI Skins ( towards the continued development of BreederDAO with the goal of transforming the DAO into a self-sustaining entity in the long run. This can be achieved by allocating the said fees between the Ecosystem Development Fund (EDF) and the Treasury of the DAO, which are two important funding allocations or sources that are crucial to the DAO’s evolution and progress.

The Ecosystem Development Fund (EDF) is generally utilized by DAOs to provide funding for different projects, initiatives, and partnerships including funding for grants, staking rewards and hackathons to aid in the expansion and adoption of the ecosystem. The goal of the EDF is to provide resources for ecosystem development, including community building, strategic investments, and long-term growth, which can help create a thriving ecosystem that benefits all stakeholders.

On the other hand, the treasury is often used to fund the DAO’s activities, projects, and funding initiatives, as well as to provide incentives and rewards to its members. This includes the continuous development and improvement of different BreederDAO tools and products such as AI Skins.

Specifications and Timelines

Specifications

The allocation with respect to the publishing fees, as proposed in BDIP-4.1: AI Skins Publishing Fee (i.e., 200 $BREED per design created and published, and 1000 $BREED per new collection/contract published), will be as follows:

  • Fifty percent (50%) of the publishing fees generated by AI Skins shall be allocated to the BreederDAO Treasury
  • Fifty percent (50%) of the publishing fees generated by AI Skins shall be allocated to the Ecosystem Development Fund (EDF)

The initial allocations indicated above shall be subject to subsequent changes or modifications and nothing in this proposal shall preclude the imposition of changes with the said allocations in the future as regards the publication services offered by AI Skins.

Timeline

Once approved and ratified by the DAO, this division or allocation of the publishing fees equally between the EDF and the Treasury will be implemented upon the initial release of AI Skins.


Voting

Cast your vote on the proposal here.

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