SUMMARY

Per current operating procedures, Department, Guild, and Project funding requests were reviewed by the Grants Committee and were approved for a total of 12,544,264 BANK and 1,700 USDC. With the Grants Committee Allocation and the Grants Committee Project fund included, the grand total is 20,246,264 BANK and 1,700 USDC.

Of this amount, 50% of Project Funding (3,309,250 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 the budgeted allocations detailed below.

SPECIFICATION

Department Funding = 2,337,761 BANK + 1,700 USDC

Operations Department = 636,763 BANK
Marketing Department = 890,000 BANK
Education Department = 435,000 BANK
Treasury Department = 375,998 BANK + 1,700 USDC

Guild Funding = 3,588,003 BANK

AV Guild = 373,000 BANK
Writers Guild = 993,000 BANK
Design Guild = 622,000 BANK
Developers Guild = 573,000 BANK
Project Management Guild = 470,000 BANK
Research Guild = 219,003 BANK