Should Grant Request Proposals require at least 100 VP to submit? This proposal has been ENACTED by a DAO Committee Member (0xbef99f5f55cf7cdb3a70998c57061b7e1386a9b0)

Should Grant Request Proposals require at least 100 VP to submit? This proposal is now in status: PASSED. Voting Results: * Yes 98% 9,204,367 VP (116 votes) * No 1% 17,054 VP (4 votes) * Abstain 1% 3 VP (4 votes)

I would be ok with requiring that anyone requesting funds from the DAO be active in the platform/ecosystem and to have purchased a name.

I would be more onboard with this if the VP wasnt associated to monetary investment as @Canessa voiced concerns about. For example, if VP could be earned through participation rather than through purchases so that wealth isnt a limiting factor.

Thank you for your feedback! @jar0d @Canessa @Existential14 [quote="jar0d, post:2, topic:20081"] I think it would be better to make it “Own a Name” since that is really the only kind of VP that is generated with direct investment into DCL. It’s not that hard for a scammer to buy 100 mana to submit a prop and then sell it after the vote is started. [/quote] I like your idea of requiring a NAME, not only would it require a user to buy 100 mana, but then to interact with the platform to buy a NAME before being able to submit a Grant Request (with the MANA going directly to the DAO) - also given the illiquid nature of most NAMEs it prevents them from liquidating the 100 MANA after submitting their proposal. The only concern I have is, as Canessa mentions, for countries where $40 isn't easy to come by it could exclude these users from the Grants Program entirely - if the requirement is just 100 VP vs owning a NAME then they would just need delegation from someone with a name. Realistically, if you cannot get delegation from a single person with a name, then you probably won’t be able to achieve your grant anyway. [quote="Canessa, post:3, topic:20081"] Could we make it so that there’s still enough flexibility to not gatekeep anyone? Perhaps like this: Grant request $0-$3000: No vp required Grant request $3000-$240,000: 100 vp required [/quote] I think 100 VP (regardless of budget) is a good starting point but I intend on proposing tiered VP requirements later down the line :slight_smile:

I'm going to agree with @Canessa. Even though they could probably find someone to delegate them the 100 VP, I think for the lower amounts less resistance in those cases is better. I've seen several grants asking for around $1500 give or take and they usually get turned down anyway even though I think most would have been worth taking a chance with. Anyway, I will vote yes but please consider the tier option if it proceeds. Thank you.

I always thought this was a good idea, but then someone pointed out to me what a big deal that 100 mana might be for people in other parts of the world (I'm in the United States). I don't want to invalidate their living standards by saying $40 is not much money. Could we make it so that there's still enough flexibility to not gatekeep anyone? Perhaps like this: Grant request $0-$3000: No vp required Grant request $3000-$240,000: 100 vp required This would allow users to ask for a small grant, it could prove their concept and their commitment to the platform, and then they could return asking for a larger grant once they have successfully completed theirs. Either way, I like the concept, and will happily delegate to individuals looking for sponsorship if they have a quality proposal they'd like to submit.

I think it would be better to make it "Own a Name" since that is really the only kind of VP that is generated with direct investment into DCL. It's not that hard for a scammer to buy 100 mana to submit a prop and then sell it after the vote is started. Still voted yes, because as @HPrivakos pointed out last time, if you can't find someone to delegate you 100 VP, you probably aren't going to be able to get a grant passed anyway.