Summary:

This proposal requests funding to create an Operations Working Group within Builder DAO. The aim is to improve efficiency and effectiveness in managing administrative tasks such as hiring service providers, tax compliance, expense organization, payables oversight, developing DAO processes, and implementing best practices and documentation standardization.

Context:

Builder DAO faces challenges in effectively coordinating and managing administrative tasks, leading to inefficiencies and delays. This proposal intends to address these issues and streamline administrative operations in a smaller group for smoother DAO management and to allow the rest of the DAO to focus on the mission. The DAO’s UNA Structure requires certain administrative tasks to remain compliant. The two UNA administrators will work within this group to execute those tasks.

Proposal:

1. Formation of an Operations Working Group: We propose establishing an Operations Working Group, comprising committed DAO members. The primary focus will be on improving administrative efficiency, developing best practices, and providing oversight and guidance for various administrative tasks.

2. Hiring Service Providers and Tax Compliance: The Operations Working Group, in conjunction with the UNA Administrators, will be responsible for identifying, hiring, and managing service providers required for operational compliance, such as accountants or legal advisors. They will ensure timely and accurate payment of taxes, and counseling on any potential legal or financial issues.

3. Expense Organization and Payables Oversight: The group will develop and implement a system for organizing expenses, tracking invoices, and overseeing payables. This will ensure proper management of financial obligations and improve transparency in financial transactions within the DAO.

4. Development of DAO Processes and Best Practices: The Operations Working Group will collaborate with DAO members to develop standardized processes and best practices for various administrative tasks. This includes creating guidelines for onboarding service providers, expense approval workflows, and documentation protocols.

5. Documentation Standardization: The group will recommend and establish comprehensive documentation standards and standard operating procedures (SOPs) to ensure consistent practices across the DAO. This will include creating templates, checklists, and guidelines for administrative tasks, facilitating smoother operations and reducing errors.

North Star Check:

This proposal aligns with the DAO's mission of creating and developing DAO infrastructure as a public good. By establishing an Operations Working Group, we aim to enhance administrative efficiency, furthering the DAO's mission and vision.

Accountability:

• Funding: We estimate 50 ETH will be required from the treasury to support the establishment and functioning of the Operations Working Group. Those funds will be sent to a multi-sig that the Operations group will maintain. Each member of the Operations working group will be a signer and the safe will require approval by 3 of 5 signers.

• Term Limits: While the UNA Administrators will always remain part of the working group we suggest a two year term limit for all members with reauthorization by the DAO every 6 months.

• Budget Allocation:

  • Compensation for Working Group Members: 9 ETH, (.5 eth per month per non-admin group member for 6 months with the option to re-up)

  • Expense Organization and Payables Oversight

  • Documentation and SOP Development

  • ETH for gas and other miscellaneous costs

  • Hiring Service Providers and Tax Compliance:

Timeline:

• Month 1 (June 2023): Hiring service providers and developing tax compliance procedures, establishing expense organization systems
• Month 2: Forming the Operations Working Group, defining responsibilities and processes, allocating budgets and resources
• Month 3: Developing DAO processes and best practices, implementing documentation standards
• Ongoing: Receiving, summarizing, and implementing advisor guidance

Success Metrics:

• Hiring service and paying service providers no later than June 30th.
• Ratification of Mission/Vision/Values
• Develop and document standardized administrative processes for Builder DAO

Ongoing Updates and Engagement: We commit to providing regular status updates on the progress of the Operations Working Group and engaging with DAO members to address questions and provide necessary information. Additionally, we commit to providing weekly minutes to the community and holding a monthly meeting where all DAO members can attend and ask questions or participate.

Treasury Impact:

• Total funds requested: 50 eth

• Percentage of treasury funds requested: Approximately 7% of the current treasury holdings

Transparency:

Authors: Shaz & Patti

The authors and beneficiaries of this proposal disclose the following potential ethics disclosures:

Shaz: Current General Counsel for Zora and an Administrator for Builder DAO

Prof: Currently compensated by Builder DAO as Community Lead

Patti: Currently a paid consultant for Zora and an Administrator for Builder DAO

Tax Information: All members of the working group agree to provide their relevant tax information for any compensation received.

About the Working Group:

Prof: ⌐◨-◨ Prof Werder (@profwerder, TheNounishProf.eth, kellywerder.eth) BuilderDAO community resident, Nounish builder, Nouncillor and Instructor at Florida Gulf Coast University in the School of Entrepreneurship. Prof Werder holds a Juris Doctor and MBA, with expertise in the area of copyright and trademark, along with overall business development. Prof Werder built FloriNouns with her students as the first nounish NFT project created as part of a university course.

BillZ: Bill Zheng is an active builder and participant in the DAO space. He is a co-founder of Alphacaster where he leverages web3 social to create better community experience for DAOs. He sits on Nouns BuilderDAO's Builder Guild and is also a long-term member of Purple where he helps fund public goods projects in the Farcaster ecosystem.

Zameeser: Bob is a long-time marketing and strategy generalist, serial entrepreneur, web3 enthusiast, business owner, DEI advocate and published author/writer who does a little bit of everything – in 25 years of startups, corporations and agencies, including Sam’s Club, the University of Chicago, Globant, Walmart, Red Belly Honey, Universal Technical Institute, Yahoo!, Health Mart, FIFA, Arvest Bank, and a co-founder of HealthMeans who continues to build his own companies by seeing the little things that tie the big things together.

Shaz: Shahab is currently GC at Zora. Prior to that he advised crypto clients at Scale LLP, and before that he spent 6.5 years at Coinbase working primarily on regulatory and data privacy issues.

Patti: Patti joined Friends with Benefits as Operations Lead two years ago, where she focused on people operations, finance, legal, compliance, and treasury management before taking on consulting work for DAOs. Prior to her experience in web3 she has decades of experience as a music industry executive working across both major and independent labels. She served as the General Manager for three independent labels including, most recently, for the in-house label at Paradigm Talent Agency.