Treasury Fund Snapshot posting - Meme contest

Treasury request - Funds for Meme Contest

Brief Authors: Fnkl/Trislit

Project lead: Fnkl

Squad: Treasury

Creative approval: n/a

Abstract

The Community Squad is going to run 4 weekly meme contests over the course of September/October to test the viability of this. Prize will be 100 USDC, We request 400 USDC for this endeavor to be made available from the Treasury Squad Discretionary fund.

Motivation

The DAO is lacking ways for members to engage. We want to build a contest where people can engage with Squiggles in a fun and useful way. This participation will give people more to talk about when it comes to hanging out in the discord.

The DAO is also lacking in high quality content being created consistently. Memes are a great medium to convey humor/information to people but do not require skilled graphic design. If we could incentivize people to create this content for us, the DAO would have a constant flow of content to repurpose.

Using a contest format rewards the highest quality memes. Having a significant prize also incentivises creators who are good at creating memes but are not necessarily known to Squiggles, to get involved as well.

A constant flow of quality memes would increase and create more cultural value for Squiggles.

Now is a great time to launch a program like this because we are in a bear market, a lot of creators have been bored with nothing to do. This gives both the opportunity for creative output and financial compensation to those people.

Success Conditions

  • 25 people submit memes to the contest per week
  • Weekly avg new discord joins increases by 10
  • 150 total votes are cast at least per week
  • Announcement tweet has at least 75 engagements
  • Announcement in discord has at least 40 reactions

Specification

Authorize the Treasury Squad to spend up to $400 USD as prizes to winners identified by the Community Squad…

Launch Details

See Townhall 9/13/22 -

Costs

400 USD.

Rewards

n/a