[TEMP CHECK] Funding Proposal for an Allo.Capital Garden

Request for Comment
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Hey here, following up this thread, looking forward to activate actions towards the Allo protoDAO.

After conversations with both @paul and @afo I went into a deeper understanding on what are the possibilities to start deploying this protoDAO, so I’d like to bring them here for collective clarity, coherence while targeting also community alignment (and @owocki 's feedback as well).

In practice we have 3 needs:

  1. Cultural / Constitutional: This is covered by the Covenant proposition above

  1. Economic Distribution: few propositions has been placed in this thread:

    a. Standard ERC20 with market dynamics distribution, understanding that a reserve rate for Allo contributors would be mantain for avoiding money based (plutocratic) dominance.

    b. Collabberry Allo ERC20: this would bring main focus to distributing merit to contributors and allocating them tokens that represent the value they have brought and will bring to the community. A couple of workshops with the community might be needed to reach agreements on how to account for past contributions, as well to set proper expectations for further allocation according to the value contributors will be willing to bring to Allo.Capital

    c. Setting $GTC and its distribution as the Allo.Capital (interim?) governance token. This might bring simplicity and speed of deployment while might also bring undesired externalities (maybe good enough for now, safe enought to try?) related to delegate Allo.Capital governance to the Gitcoin DAO and losing autonomy.

  • Governance mechanism: there seems to be indeed enought support (or at least none counter-proposals) to launch an Allo.Capital community on Gardens and make use of their Conviction Voting Mechanism.

In my personal view, and considering the different options for a Governance Token distributions (and even the combination among them. e.g. Launching a JuiceBox token, assign a considerable amount of this token to a community treasury, while then distributing these with the Collabberry protocol), __my suggestion is to start planning the Covenant workshop while including there the discovery of Design Community Principles (in case there are none yet) that would guide us in setting the proper priorities about how to design a Token Distribution and select the right tool/protocol to begin with while also giving us a north star on what kind of token (distribution) we will like to have for our protoDAO.

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