Another period of marketing activities has concluded and we are glad to see so many new assets created as a result of it. Now it is your turn by voting for your favorite agencies and directing the budget to be spent efficiently.
This time we also want to introduce a formality rule that would add further transparency to the operations of the marketing framework. Let’s get into it!
1. New Formality Rule
We want to propose a new formality rule regarding the corner case of the potential re-admission of previously disqualified marketing agencies. This rule aims to improve transparency and clarify the conditions for such a situation.
The proposed set of rules:
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Item #1) An agency that gets disqualified by not meeting the $2,000 minimum budget threshold will be prohibited from participating in the next vote
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Item #2) If the cooldown period as described in item #1 has passed, the disqualified agency may be re-included in any future voting period, under the assumption that a convincing argumentation was shared as part of an official statement by the agency, including:
→ Self-reflection on previous shortcomings that lead to the disqualification
→ Learnings taken and improvements planned for future campaigns
→ Proposed plan for the next working period
- Item #3) An agency that gets disqualified for the second time will be considered permanently banned
2. Re-Admission of Cryptic Marketing Agency
The marketing agency Cryptic was previously disqualified by the DAO, as it did not receive sufficient funding to continue. In an official statement (as per the newly proposed formality rule #2), Cryptic provides sufficiently reasonable arguments to be re-admitted as part of this voting round.
Below is the full statement:
Please note that this re-admission is only valid if the DAO approves the proposed formality rules.
3. Introduction of ICODA Marketing Agency
We are happy to announce that a new marketing agency is entering the race!
ICODA has been in digital marketing for more than 10 years. In 2017 they started to focus on the blockchain and crypto industry by leading complex marketing campaigns for a wide range of crypto businesses. As per their own statement, ICODA takes a data-driven approach to marketing and campaign strategies.
Website: ICODA.io
In Principle Offer:
Vote for December 23 / January 24
Place your vote for the monthly budget allocation of the four agencies that compete for providing services under the pre-approved Marketing DAO Framework!
- Snapshot Time: November 24, 23:59 UTC time
- Voting Start: November 25, 00:00 UTC time
- Voting End: November 30, 23:59 UTC time
The allocation for the last working period for October + November 2023 was as follows:
- Atoz-PR
79.44% of the $34,000 pool = $27,010/month - Collibri Group
20.56% of the $34,000 pool = $6,990/month
The DAO now has the chance to re-adjust the budget allocation for the months of December & January. For that purpose, simply vote for your preferred marketing agencies by sending a total of 0.1 HYDRA to the respective wallet address (during the voting period!):
- Atoz-PR → HHxxxxATZxDEC23xxxxxxxxxxxxxygr9Qj
- Collibri Group → HHxxxxCBRxDEC23xxxxxxxxxxxxxyMYsSY
- Cryptic → HHxxxxCRYxDEC23xxxxxxxxxxxxxzWKkUx
- ICODA → HHxxxxCDAxDEC23xxxxxxxxxxxxy42nYjN
Every DAO participant has a total vote of 0.1 HYDRA available, which should be casted to the voting addresses of your favorite agencies (you can split it per your liking, as explained here). The 0.1 HYDRA vote will map your entire voting weight (from the snapshot) proportionally to the agencies.
Note: The exponentiating formula will apply as usual.
Summary of Agency Activities
The summary report of agency activities can be accessed through the links below:
- AtoZ-PR → Summary Report
- Collibri Group → Summary Report
- Cryptic → Official Statement
- ICODA → Marketing Plan
Approval of the Proposed Formality Rules
By voting for the agencies, it is assumed that you approve the introduction of the three new formality rules (as described earlier in this post). If you don’t agree with this change, then please send an additional 0.1 HYDRA to the wallet address below, in order to vote against it.
→ HHxxxxREJECTxFRMLTYxxxxxxxxxyHyH4c
As always, thank you for participating and we can’t wait for the next wave of marketing activities!