Title: Season 5 Guild/Project Seasonal Funding

Proposal Champion: ****links#7868

Date: July 31, 2022

SUMMARY

Per the Season 5 specification, Guild and Project funding requests were reviewed by the Grants Committee and were approved for a total of 19,501,085 Million BANK.

Of this amount, 50% of project funding (5,270,750 BANK) will be held by the Grants Committee Multisig to disburse mid-season, based on KPIs being reported.

This proposal seeks to ratify the distribution of these budgeted allocations(between guilds and projects).

BACKGROUND

Guilds

Upon review of all the Guild requests, the total request was for 8,959,585 BANK, itemized below.

Projects

Upon review of the Project Requests, the total request was 10,541,500 BANK, itemized below.

SPECIFICATION

Guild Funding = 8,959,585 BANK