memoscan
← all memos

Memo 0xf130e287…244b90 on Ethereum

Thank you Wilson for your questions, we wanted to address them on-chain: > Question 3: ...I haven't heard any plans for Nounish to wean off DAO funding. We want to build nounish for the next foreseeable years. In order to be financially resilient it's indeed strategic for us to diversify our funding sources over time. By far, our top priority this season is to grow a massive audience. But, we are also going to be experimenting with creating more revenue sources so we can learn as much as we can (e.g. minting our content, brand partnerships, social media platform rev share). In the future, if we believe a proposal would bring very high value to the DAO, we will come back and ask for funding (and in this proposal because its focused on scaling something that's proven to be working - we believe the value is a no-brainer). > 2. Would like to see season 2 planned vs. actual budget. (Also, shouldn't current budget take through December?) Season 3 and its stream starts in December and goes to June. The reason we are proposing now is we need to know ahead of time if there's going to be a major change requiring us to pivot. We will share a breakdown of budget actuals in our last propdate for 289 in December. > 1. I'd like to see a budget breakdown of how these funds will be spent. Naively, this new model seems like lower cost productions than previous work, but I'd like to understand. Our new model is cheaper per episode. But, we are planning on releasing a lot more pieces of content than in our past seasons - at least 1 episode per week, 24 episodes in the season (vs. approx 1 piece of content per month in Season 1 for example) Here's a breakdown of the budget for Season 3: * Fixed Costs and Compensation: $780,000 * Shooting Expenses: $160,600 * Assumes 24 episodes * Average episode cost: $6,000 * Leaves $16,600 for additional experiments * Legal and Fees: $8,200 * Travel Expenses: $13,200 * Distribution and Growth: $7,000 Please reach out if you want to chat more about our plans or anything else :)