ANON (A Nobly Operated News):*
Attributes
Author(s):* @Adrienne and @b3n
Recipient(s):* @PoktNews
Category:* Contract
Asking Amount:* $5K per month until the end of the Era
Summary
Socket’s have incubated their first “core contributor” in PoktNews and we ask the DAO to fund them in the same way they would any other major contribution. The asking amount is $5K USD in POKT at the monthly (trailing 30 day avg) price.
Background (optional)
Since incubating Sockets we’ve been really pleased to see the progress that multiple contributors have made in supporting our broader ambitions.
At all times PoktNews has been one of the most active, diligent and responsive resources. It’s not a stretch to say that they have been exactly what we hoped for when designing Sockets, and their work has made it as easy as ever to be connected to the latest happenings across the community. To be able to summarise so much into a consistent, measured but optimistic voice is truly a credit to their talent in this role.
However, Socket’s were never intended to be recurring income streams like a “wage”. Sockets were created to support contributors like PoktNews to quickly access resources so they can test their ideas and demonstrate their value through evidence, rather than getting stuck debating the merits of these experiments via proposals.
Now that PoktNews has demonstrated their value it’s time to ask how we can better reflect their value and role in the organisation?
Solution
We believe the the organisation should recognise PoktNews as a core contributor to the project through these three actions:
- Funding PoktNews via the DAO
- Increasing their compensation in line with comparable agency fees
- Formalise their role as reporting to the Head of Marketing (Adz)
DAO Funded:
As stated above, Sockets are seed grants to incubate valuable programs rather than a recurring “wage”. They were created to incubate talent to bring value to market and to test their ideas in the real world. Given the PoktNews “experiment” has proven valuable to people both inside and outside our community, it is time to take this Socket to its logical conclusion which is to have it funded directly from the DAO.
The Socket has created the evidence that supports a proposal like this to pass. The final step is really just to pass the proposal that reflects this value.
Increase compensation:
PoktNews Socket currently pays them $3K per month. We believe that $5k is a fairer reflection of the value that PoktNews brings.
This aligns compensation with the lower end of the professional social media agency spectrum but above the level of a professional freelancer.
A social media specialist would be less embedded in our culture and ecosystem and their volume would be constrained far beyond what PoktNews contributes. Yet the amount still provides room for growth as PoktNews continues to grow with us.
Report to Adz:
So far, PoktNews has had full autonomy over their time and effort and has been highly accountable to seeking out opportunities to increase value.
We want to further support this by giving them the access and resources they need, which would happen most effectively by having them aligned with our Head of Marketing.
With their combined efforts we think we can significantly advance awareness of Pocket in the market and take the first steps towards having a truly community-led marketing function. As a core contributor and reporting to the Head of Marketing, they would provide regular updates via the quarterly transparency report.
In summary, Socket’s have incubated their first “core contributor” in PoktNews and we are asking the DAO to fund them directly as they would fund other major contributors. The purpose of Sockets is to build the evidence of accountability and value creation and this step reinforces the transitory role that Socket’s play in incubating talent. As we transition, it also provides a chance to more fairly reward PoktNews for the work they complete and the value they create, and to signal a first but meaningful coordination point for a community-led marketing function.
Deliverable(s)
Deliverables within the role of PoktNews will continue to reflect those outlines and completed within the Socket. Additional deliverables will be communicate via the transparency reports.
Budget
The requested amount is the equivalent of $5K month in POKT, paid at the monthly (trailing 30day avg) price
Copyright
Copyright and related rights waived via CC0.