# Parachain Manager **Problem:** Many parachain teams have struggles understanding the current status of their parachain using the Polkadot.js front end. Although this information is all in there it is not catered specifically to a parachain owner and thus results in poor UX when it comes to the management of it. Therefore teams have issues configuring their crowdloans renovating their slots and even end up bricking their chains. **Solution:** Create an easy to use frontend application specifically for parachain owners that makes it simple to configure new and existing parachains. This front end application should have basic error handling. Requesting funding of 40 GLMR ($13USD) as a test and first incentive to build a Parachain Manager application. Full specs: https://bip.so/polkadotbuilders/parachain-manager-45734c
# Allocate 4 ETH to promote Bigcap at the 2023 Blockdown Crypto Convention Currently the Bigcap DAO Treasury contains 19 ETH. We propose allocating 4 ETH of this to promote the Bigcap Project in person at Blockdown 2023 in Portugal. The official event runs from the 10th - 12th July and we would maintain a presence from the 9th - 13th July inclusive. Blockdown is one of the biggest Crypto Conventions in Europe with over 3000 attendees. We'd be aiming to raise awareness - bring onboard investors and possible partners as well as potential ladder traders. There won't be a stand but we will be able to give Bigcap a presence there. The two people who will be attending the event will be Greg and Gabbo - both well-known and long-term members of the Signata Community and related projects. Both Greg and Gabbo have worked extensively with Tim on a regular long-term basis with Greg acting as Marketing Manager there since the early days of Signata. Additionally they both have years of real life and internet marketing experience under their belts and extensive conference experience. As it is Greg and Gabbo are already offering this service for other projects and have been doing this for some time already:- 4 ETH is almost half the price they would normally charge to another project - this will include some merchandise. A previous marketing effort where 5 ETH was allocated by a marketing group made up of other community members included commissioning influencers but unfortunately had little lasting effect which is much more a reflection of the current state of the market than it is on the considerable effort made by those involved. This shows that there is not currently enough fresh blood in the crypto market to sustain all the new projects - and that marketing towards the same old people who are basically chart hopping and simply cycling through the different projects is not really effective. The big difference here is that this is actual face to face marketing. The opportunity is there to meet with a highly targeted audience of crypto enthusiast investors as well as countless key players in the crypto industry and many team members from different projects - explaining and spreading awareness of the Bigcap project to as many of them as we possibly can. We will transfer 4 ETH from the DAO Treasury to the following wallet address:- 0xC766959C90C5d8317Cd130dCf6844e6f79ecc078
# Increase Timelock to 2 Days (172800 seconds) With the recent DAO attacks we're proposing to increase the time lock from 2 hours to 2 days. This will reduce the risk of a DAO attack executing a proposal before it can be cancelled.
# Increase Timelock to 2 Days (172800 seconds) With the recent DAO attacks we're proposing to increase the time lock from 2 hours to 2 days. This will reduce the risk of a DAO attack executing a proposal before it can be cancelled.
# Increase Timelock to 2 Days (172800 seconds)
With the recent DAO attacks, we're proposing to increase the time lock from 2 hours to 2 days. This will reduce the risk of a DAO attack executing a proposal before it can be cancelled.
# Allocate 15 ETH to promote Bigcap at the 2023 ETHWarsaw Crypto Convention
Currently the Bigcap DAO Treasury contains 15 ETH. We propose allocating 15 ETH of this to promote the Bigcap Project in person at EThWarsaw 2023 in Poland. The official event runs from the 4th - 7th Sep and we would maintain a presence from the 1th - 13th Sep inclusive.
ETHWarsaw is one of the biggest Crypto Conventions in Europe with over 3000 attendees. We'd be aiming to raise awareness - bring onboard investors and possible partners as well as potential ladder traders. There won't be a stand but we will be able to give Bigcap a presence there.
The two people who will be attending the event will be Greg and Gabbo - both well-known and long-term members of the Signata Community and related projects. Both Greg and Gabbo have worked extensively with Tim on a regular long-term basis with Greg acting as Marketing Manager there since the early days of Signata. Additionally they both have years of real life and internet marketing experience under their belts and extensive conference experience.
As it is Greg and Gabbo are already offering this service for other projects and have been doing this for some time already:- 15 ETH is almost half the price they would normally charge to another project - this will include some merchandise.
A previous marketing effort where 5 ETH was allocated by a marketing group made up of other community members included commissioning influencers but unfortunately had little lasting effect which is much more a reflection of the current state of the market than it is on the considerable effort made by those involved. This shows that there is not currently enough "fresh blood" in the crypto market to sustain all the new projects - and that marketing towards the same old people who are basically chart hopping and simply cycling through the different projects is not really effective.
The big difference here is that this is actual face to face marketing. The opportunity is there to meet with a highly targeted audience of crypto enthusiast investors as well as countless key players in the crypto industry and many team members from different projects - explaining and spreading awareness of the Bigcap project to as many of them as we possibly can.
We will transfer 15 ETH from the DAO Treasury to the following wallet address:- 0xfd637806e0d22ca8158ab8bb5826e6feda82c15f
# Allocate 4 ETH to promote Bigcap at the 2023 Blockdown Crypto Convention
Currently the Bigcap DAO Treasury contains 19 ETH. We propose allocating 4 ETH of this to promote the Bigcap Project in person at Blockdown 2023 in Portugal. The official event runs from the 10th - 12th July
and we would maintain a presence from the 9th - 13th July inclusive.
Blockdown is one of the biggest Crypto Conventions in Europe with over 3000 attendees. We'd be aiming to raise awareness - bring onboard investors and possible partners as well as potential ladder traders. There won't be a stand but we will be able to give Bigcap a presence there.
The two people who will be attending the event will be Greg and Gabbo - both well-known and long-term members of the Signata Community and related projects. Both Greg and Gabbo have worked extensively with Tim on a regular long-term basis with Greg acting as Marketing Manager there since the early days of Signata.
Additionally they both have years of real life and internet marketing experience under their belts and extensive conference experience.
As it is Greg and Gabbo are already offering this service for other projects and have been doing this for some time already:- 4 ETH is almost half the price they would normally charge to another project - this will include some merchandise.
A previous marketing effort where 5 ETH was allocated by a marketing group made up of other community members included commissioning influencers but unfortunately had little lasting effect which is much more a reflection of the current state of the market than it is on the considerable effort made by those involved. This shows that there is not currently enough "fresh blood" in the crypto market to sustain all the new projects - and that marketing towards the same old people who are basically chart hopping and simply cycling through the different projects is not really effective.
The big difference here is that this is actual face to face marketing. The opportunity is there to meet with a highly targeted audience of crypto enthusiast investors as well as countless key players in the crypto industry and many team members from different projects - explaining and spreading awareness of the Bigcap project to as
many of them as we possibly can.
We will transfer 4 ETH from the DAO Treasury to the following wallet address:-
0xC766959C90C5d8317Cd130dCf6844e6f79ecc078
# Remove Treasury and Operations Taxes
Remove Taxes as per the Whitepaper Treasury section.
As the project no longer uses a smart contract for trading, the auditing requirement is now unncessary.
This is a permanent modification to the token contract. Once these taxes are disabled they can never be enabled again.
# First Ladder Reward Distribution
This proposal is to allocate 5.25 ETH from the treasury as a reward to the participants of the first ladder.
5 ETH will purchase BIGCAP tokens on Uniswap, in 5 transactions of 1 ETH to reduce the likelihood of frontrunning.
0.25 ETH will be used to cover transaction gas fees for the swaps and distribution to ladder participants.
The following rules will be enforced for the rewards. If the rules are not satisfied, the tokens will be returned to the DAO treasury:
- All participants will recieve an equally divided share of the 5 ETH worth of BIGCAP tokens.
- Participants are only eligible for a reward if they perform a trade in the ladder. Registering for the ladder **does not** automatically guarantee a reward, the participant must perform one or more trades to be eligibile.
- Multiple trades does not increase reward distribution.
- **A minimum of 25 individuals** need to participate in the ladder (to prevent collusion to reduce the numbers to increase the reward).
- The rewards will be distributed no later than 2 weeks after the first ladder finishes.
# Allocate 5 ETH of Treasury Funds to a Community-Driven Marketing Campaign
The DAO treasury currently holds 23.7 ETH after transferring 10 ETH to the first ladder contract. We propose allocating 5 ETH to accomplish the following objectives:
-Aid the onboarding of participants in the lead up to the first ladder.
-Increase awareness of and interest in Bigcap.
-Increase trading volume of $BIGCAP token.
This will be a marketing effort driven by the community, which is separate from and additional to any official marketing efforts planned by the Bigcap team.
Multisig wallet:
We will transfer 5 ETH from the DAO treasury (0x528fB7f75384eC26c1a65C088B637F0d1bf35702) to a Gnosis safe multisignature wallet. Transactions will require 2/3 signers and any signer will have the ability to move funds. All of the signer addresses will have Signata on-chain proof of KYC.
Gnosis safe: 0xCC1719309845a3ec3cdA17c6bEfaD86E56B37f44
Wallets for signature:
0x0E60FfeA9e9ecd9ADc33166D482D2e78e936b57B [RandySavageCreamOCrop]
0x2e2E82795E918911512B39993fE4e686a0C1C606 [creosotefield]
0xE980F84F967d1dE74E5772Ffa5ca71FC23dF10d2 [Taco-arch]
Strategy:
We will hire a chief marketing officer to lead a marketing campaign that includes the following:
-Creation of a content plan and campaign strategy.
-Creation and distribution of professional-grade media, such as videos, infographics, articles, and twitter threads.
-Partnership with key opinion leaders and influential outlets.
-Extension and outreach to broaden our community.
@CryptoNathan of www.defimarketing.nl will act as the marketing middle man, the de facto CMO, coordinating with influencers and other marketing efforts. Nathan has been vouched for by people involved in Bigcap. Nathan has also been part of the Bigcap community for a couple of months and is a token holder, so he has increased incentive to push marketing. His marketing agency has been involved in some prominent projects and has strong connections in the space. We are setting aside 1.65 eth of the total 5 eth to pay Nathan.
Community members possess diverse skillsets, such as video editing, animation, and writing, which will be incorporated into the CMO's strategy for improved cost-effectiveness and speed. Where suitable, content will be created in-house for free.
Community members are working for their bags and don't expect compensation from the marketing fund.
# Transfer 10 ETH to the Treasury Wallet for the First Ladder
This proposal is to transfer 10 ETH for the first ladder to the following address:
0x61a2360447C4d1062a8b54b74AaBc12a075f43A5 (ens:bigcapcrypto.eth)
These funds will be held until the first ladder is activated. As the DAO process takes some time to execute this will save waiting for the DAO when the ladder is reading for trading.
# Release 10 ETH to add to DEX liquidity #1
The BIGCAP DAO currently holds 25.24 ETH. As the first BIGCAP ladder is limited to 10 ETH, there is excess currently available beyond what is needed for starting the ladders.
This proposal is requesting to release 10 ETH to the BIGCAP deployer address: 0x61a2360447C4d1062a8b54b74AaBc12a075f43A5
5 ETH will be used to purchase BIGCAP from Uniswap at the market rate of the time. The BIGCAP purchased will then be added as liquidity pair tokens using the remaining 5 ETH.
Also this proposal will modify the DAO to only allow addresses holding 100,000 BIGCAP to open proposals (set proposal threshold to 100000000000000000000000)
https://github.com/congruentlabs/bigcap-dao/issues/1