Ideation Pod: Month 1 Financial Report

With the first month of the Ideation Pod having concluded, Iā€™d like to share with the DAO the costs incurred by each ideation team and the funding distributed from the DAO treasury.

As a reminder, the DAO set aside 500 USDC per month to cover basic costs that may come up in the process of the ideations.

Ideation: Cabin Events

No costs were incurred since the work was focused on planning. As such, no funds were distributed.

Ideation: Social Scraping

The only cost was Twitter API, which JonBo was able to get down from $100+/month to $50/month. Hence, 50 USDC was distributed to him.

Ideation: Cabin Productions renamed: Cabin Crafted

Since this ideation required high-quality video that our branding and marketing depended on, there were significant upfront costs. Katya - the sole team member - took most of the expenses upon herself, with the Stewards distributing the remaining 450 USDC to her to help out.

The total costs included technical costs:

And the flights (~$600). The accommodation costs at MTNHAUS were generously covered by Dan.

As such, the total expenses totaled ~$3,540, of which the DAO covered $450.

With all 500 USDC distributed, nothing was returned to the treasury this month.

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