This SIP proposes to commission a team of professionals to create a realistic plan for the Sandbox DAO to establish a sustainable cash flow. This SIP will result in a researched list of revenue options and a plan to implement them if approved by future SIPs. This proposal reflects our desire to be responsible stewards of the DAO’s health and longevity.
The Sandbox DAO is given a yearly allowance by the TSB. SIP-3 approved a 15.5M SAND budget for the DAO, and two months later, expenses already total nearly 10% of the budget (1.1M SAND). In Cyril’s appearance on the Decentralized Podcast in July 2024, he confirmed the DAO will be given 25M SAND next December by the TSB.
Our team doesn’t have access to Sandbox DAO’s queue of SIPs, but looking at SIP Ideas & SIP Drafts on the forums, we can estimate the number at 16.
Conclusion: With an average SIP cost of 281K SAND (calculated from the below screenshot), we can project 16 SIPs will cost 4.5M SAND, which consumes 31% of the DAO’s remaining 14.3M SAND budget.
First of all, I appreciate your involvement. You go deeper in the discussion, it’s interesting. (Some resonance with the point 6)
About SIP
1-I don’t see any issue so why ?
2- yes
3- why not/more yes thanks no
4-it could be usefull , the pros need to speak about that
5-no, but curious about why ?
6- probably useful but no, no need to use dao fund for that imo.
As i said at the beginning, I appreciate what you do , I just share my opinion.
Update: met with Cyril about this SIP last week. We agreed that if it remained a study sip then it would need to be under the DAOs operation budget followed by an RFP. If it could be turned into a product with a usable end item then I would continue with an SIP.
Awaiting on me to submit the updated details to the DAO Admin Team. I’m a bit overloaded with Little Lanzer and other life responsibilities.
