The DAO Events Budget for 2025 proposal passed in November 2024.
The below is the Application Template that must be utilized to request to use funding from the DAO Events Budget.
If you wish to utilize this funding, please post a proposal in the ‘Proposals’ category of the forum to ensure the highest visibility possible, following the Application Template. You can click on the ‘Proposals’ category and then create a ‘New Topic’ using the button on the top right hand side. In your proposal, please mention that you wish to utilize funds from the DAO’s Events Budget.
FAQ
I. What types of Events does the Events Budget cover?
The proposal earmarks a budget for events for 2025 and focuses on 2 key categories:
- Delegate Gatherings aimed at streamlining operations through in-person meetups such as a delegate retreat (capped at 2 events per year).
- Ecosystem Growth Events to foster innovation and community engagement, ideally coinciding with other major crypto conferences (specifically ETHDenver, Bitcoin 2025: Las Vegas, EthCC, among other potential events) at the same location. These events can include, but are not limited to:
- Virtual hackathons
- Non-crypto conference presence (RustConf, CES, etc.)
- In-person hackathons
- Side events
- Sponsorships of major events
- Arbitrum Days around the world (not just EthCC)
- Educational workshops (Stylus & Orbit)
II. What is the size of the Events Budget?
A total of $1.5M USD has been allocated to this initiative.
III. What is the minimum size of an event to be requested from the Events Budget?
Events with a cost of over $50,000 will be covered under the Events Budget, while those with a cost of under $50,000 should be routed through the Questbook program. The purpose of this proposal is to establish an events strategy for larger initiatives that require substantial funds and active project managers.
IV. What is the process for running events under the Events Budget?
There are two ways in which funds from the Events Budget can be requested for specific events:
A. Events Organizer Directly Proposing Events to Utilize the Events Budget
Here, the event organizer would be directly proposing to organize and run the event themselves, and the funding would be obtained from the Events Budget.
The (recommended) process is as follows:
- Events organizer reaches out to Entropy Advisors or the ADPC with the intention to organize an event.
- Events organizer fills out application template (found below).
- Events organizer posts application on ADPC Events Budget thread here and specifically requests to utilize funding from the Events Budget for their proposed event.
- After a minimum 7-day period of discussion on the forum, the events organizer can post a Snapshot vote.
- If the Snapshot vote garners at least 3% of the votable token supply with a simple majority For/Abstain, the vote passes.
- The requisite funds from the Events Budget are allocated to the events organizer.
B. Events Proposer Utilizing the ADPC to Procure Service Providers to Run the Proposed Event
Here, the events proposer would want a specific type of event organized for the DAO, but would not be organizing and running the event themselves; rather, they would utilize the services of the ADPC to procure service provider to run the event on their behalf once the vote passes on Snapshot, and the funding would be obtained from the Events Budget.
The (recommended) process is as follows:
- Events proposer reaches out to Entropy Advisors or the ADPC with their idea for an event.
- Events proposer fills out application template (found below).
- Events proposer posts application on ADPC Events Budget thread here and specifically requests to utilize funding from the Events Budget for their proposed event, and to utilize the services of the ADPC to procure service provider(s) to run the event.
- After a minimum 7-day period of discussion on the forum, the events proposer can post a Snapshot vote.
- If the Snapshot vote garners at least 3% of the votable token supply with a simple majority For/Abstain, the vote passes.
- The requisite funds from the Events Budget are allocated to the event.
- The ADPC, with the help of Entropy Advisors and Disruption Joe, procures service provider(s) to run the event.
- The procured service provider organizes and runs the event.
V. What are other important points to know about?
- The ADPC, Entropy Advisors, and Disruption Joe will closely coordinate with the Arbitrum Foundation and Offchain Labs to help ensure that DAO approved events align and/or don’t conflict with their team’s broader event strategy.
- Delegate gatherings should be planned in such a way that no two events align too closely with one another on dates, with the exception of delegate offsites which could coincide with an ecosystem growth event at a major crypto conference given the convenience of planning travel arrangements.
- Each event that passes Snapshot and is approved by the DAO must, post completion of the event, provide a comprehensive post-event impact report to the DAO.
Application Template
Event Description
Provide a description of the event you are proposing.
Event Organizer
Outline who the organizer of the event will be, i.e., the Event Proposer themselves or whether the ADPC will be required to procure an events provider to organize and run the event. Please refer to FAQ Question IV here for further details.
Benefits of the Event to Arbitrum
Provide a summary in bullet points (no longer than 300 words) of why the proposed event is beneficial to Arbitrum.
Proposed Budget
Provide a budget in $USD terms.
Budget Breakdown
Provide a detailed breakdown of the proposed budget and how exactly the funds will be used.
Budget Tracking
Provide a detailed explanation of how each element of the proposed budget will be tracked and verified post the completion of the event.
Key Performance Indicators (KPIs)
Provide, in a tabular format, a detailed description of the KPIs the event will aim to achieve and how exactly each KPI will be tracked.
Event Logistics
Provide a detailed description of all the services and logistics required for the event (e.g., a booth, audio-visual equipment, catering, etc.).
Service Providers Required
Provide a list of the service providers required to organize and run the event, along with a description of why each service provider is required.
Support Required
Provide details about any support required from the Arbitrum DAO and / or the ADPC. Examples include support to procure service providers to handle invitation distribution, marketing, etc.
If any specific support in the form of service providers or personnel is required from the ADPC, please list it in this section and reach out directly to the ADPC via email (arbitrumdaoprocurementcommitte@gmail.com) or Telegram (@explorandoahora, @ImmutableLawer, @DeRegul8, @de2nis, @Pablo3442).
Timeline
Provide a detailed execution timeline and key milestones assuming the proposal is approved.
Communication Plan
Provide a description of how updates will be communicated to Arbitrum DAO delegates and contributors during the event organization phase.
Marketing Plan
Provide a detailed marketing plan for the proposed event and how it will be executed.
Alignment with Arbitrum’s Mission, Vision, and Purpose
Describe how the event aligns with Arbitrum’s Mission, Vision, and Purpose (outlined here).
Post-Event Impact Report
Provide a template of the impact report to be published to the Arbitrum DAO forum post the completion of the event.
