TL;DR
- The Token Engineering Academy needs the TEC’s support to cover operational costs
- Four months of funding are $64k
- Posted as two proposals, each asking for $32k
Update:
Jan 8, 2023
Both proposals passed and have been executed - thank you so much to everyone who supported it!!
The 2nd part of this proposal is now up for conviction voting:
https://gardens.1hive.org/#/xdai/garden/0x1fc7e8d8e4bbbef77a4d035aec189373b52125a8/proposal/41
The first proposal passed - thanks everyone for your support!
https://gardens.1hive.org/#/xdai/garden/0x1fc7e8d8e4bbbef77a4d035aec189373b52125a8/proposal/39
Proposal description
With the launch of TE Fundamentals, TE Academy made a huge step towards establishing a valuable, credible educational organization in this new field.
So far, TE Academy has created revenues via crypto project sponsorships, a model that turned out to be hard to continue in 2023. In recent days, the TE Academy had several funders change plans, which resulted in a cash crunch that risks the Academy closing its doors.
This proposal requests a donation from the Token Engineering Commons for the next four months of operations, divided into two proposals. Ensuring minimal funding for the short term will bring the relief needed to shift to new revenue streams.
Some numbers on what we’ve achieved so far:
- a student base of 1200+ in 6 weeks (registered profiles at tokenengineering.net)
- a community of ~50 volunteers offering weekly P2P study groups, learning groups, and token engineering writing support
- 1300+ member Discord with ~30 active channels
- 7400+ Twitter followers, 2500+ in the newsletter address base
- A team, know-how, and infrastructure to run TE Academy
- A unique team of token engineering mentors and teachers
- A partnership track record with atm 17 well-known crypto projects
Additional information to add
Website https://tokenengineering.net
Discord https://dsc.gg/te-academy
Twitter https://twitter.com/tokengineering
How does this proposal benefit the community and/or the field of Token Engineering?
The TEC funding will help TE Academy to continue to run and improve educational offerings while developing new revenue streams.
Amount requested
How much in wxDAI are you requesting?
$64k in 2 separate proposals
How will these funds be used?
The funds will be distributed as follows:
Team 85%
Operations, Study Groups, Ecosystem, Marketing/Comms – Angela, Pati, Angie
Strategy, Courses, Educational Program – Angela, Andrew
TEA Tech – General Magic
Legal – Ana
Infrastructure 15%
Software Licenses, Servers, Minting Fees
What does success look like?
The TE Academy can continue operating at its optimal capacity without laying off team members, a drain of know-how, or hurting the student community.
How will you share progress?
TE Academy will take part in the weekly TEC Twitter spaces to give updates on our progress.
Project information
Team Information
Team:
Operations, Study Groups, Ecosystem, Marketing/Comms – Angela, Pati, Angie
Strategy, Courses, Educational Program – Angela, Andrew
TEA Tech – General Magic
Legal – Ana
plus a fantastic crowd of ~50 volunteers, such as study group hosts or token engineering writers
Complementary information
We appreciate that the TEC is be here for us in this time of need. We generally try not to ask for donations, but in this circumstance, we need them while we focus on building revenue streams for sustainability. Thank you for your support!
We’ll keep you all posted on our next steps.
