LTIPP Retroactive Community Funding

I would like to apply for the LTIPP funding on behalf of my team, Serious People.

What did you contribute to the LTIPP(Include links to relevant contributions)?:

Our team, Serious People has spent countless hours working to do whatever we can to make the LTIPP sustainable and inclusive to all involved.

Our team was initially drawn to Arbitrum over a year ago as we saw the explosive growth on the chain and the quality of the teams that were here. We began by working with projects that were connected to arbitrum in any way. With our background being in running our own DEX as well as advising other DEX’s on sustainable practices, when we saw the initial announcement of the STIP we were ready to dive in and add our expertise to the conversation. We hopped on every weekly call and did everything that we could to contribute to the conversation. With the huge amount of tokens being used for incentives and the expected march unlock coming up, we believed that these incentive programs, if run correctly could really do wonders in ensuring that there would be liquidity when we got there.

Having been so close to the STIP, we were tuned in with what we believed went right and what wrong and how the LTIPP could improve on those things to see even more success. We took this as an initiative to dig our heels in even further. We dropped some proposals on the forum, making suggestions on many different things.

1 First we took a cut at how we believed that we could adjust the Application template to make the process of applying more insightful to the DAO and more efficient. Many of our adjustments were accepted and used in the final form of the application. Serious People: Application Template Proposed Update for LTIPP

2 Next we made suggestions on how we believed that the application advisors should be selected to assure fairness to the applicants. It was very important to us that the apps were picked based on the merit of the project and the plan that they had and so that there was cohesiveness between the parties doing the reviewing so that the projects were not confused in what they should do for their app.

3 We took a cut at what we believed should be asked for in the research buckets so that when the program was run, we could pull as much data and info from it as possible, improving future programs. We believe that if we are spending tens of millions on a program, we should also spend some time and money making sure it works and what the strengths and weaknesses are.

4 Finally we began the discussion on how “success” should be gauged and how we could set up KPI’s to ensure that we have a good way to measure this success. This post ended up being our most popular as it seemed to be top of mind for everybody.

4b Because of the acknowledgement of the importance of this, this ended up evolving into an unpaid group that Serious People ran for months. We took the time to push this conversation forward. We invited all of the top contributors to the conversation and set up a weekly agenda to keep the conversation developing.
@ArbKPIworkinggroup

Team Info:

Who worked on the LTIPP contribution?:

Our whole team of 6 people worked on our contributions.

Ian Campbell

Taylor Pedde

Gonzalo Vasquez

Jakub Deuritsbacher

Keith Carlino

Requested Budget:

What budget are you requesting from the 100,000 ARB?:

We are requesting 40,000 ARB for our contribution.

What is the justification for this budget request?:

We believe that we are deserving of the 40,00 ARB. First of all we were told that when we set up our working group that we were going to be compensated for running it as the other parties who ran working groups were. Unfortunately when it came to paying our team there were no more funds left.

Our team collectively spent 1000’s of hours working with the Dao, joining calls and offering our advice in as many places as we could between the STIP and the LTIPP. We were involved in every conversation from budget size to monitoring, to data collection and analysis. We have been on calls, (collective and individual) with every team in the DAO to gather information and make sure that everyone was heard.

We believe that we are more than deserving of being compensated for the work that we have done as we have not been compensated at all by the DAO.

Do you agree to complete the Arbitrum Compliance process before receiving any funds?:

Yes