A BULL/BEAR case for Gitcoin/GTC in 2023

[a33titude]

@DisruptionJoe

The current expectation is that revenue from a workstream should go to the DAO treasury, but a less considered option is that it could be kept by the workstream and contractually seen as a SAFE/SAFT type investment allowing the workstream to spin out a subDAO or corp that is profitable AND dependent on grants/project/passport protocols.

This feels a lot like a Mutual Grant, which I just learned has been shelved. It sounds like some parts of Gitcoin have their foot on the gas + some have it on the brake

In this scenario, what happens to the $2.4 million* that Gitcoin has already put into a workstream like FDD? Is that part of the SAFE/SAFT?

*estimating this amount $400k/quarter for 6 quarters. $400k * 6 = $2.4 million [but the actual amount may be different as the budgets have fluctuated a lot]

@DisruptionJoe

Why is this better? At the end of the day, for-profit businesses using the protocol will have incentive to pay for the sustainability of the protocol. Giving the DAO more runway doesn’t have the same effect.

Has the DAO done a detailed analysis of GTC Utility and financial sustainability they can share? This thread is all over the place.

@DisruptionJoe

Most importantly, we need to reset our essential intents ASAP.

I don’t see anyone in the DAO advocating for this except you. Is there broad consensus around this in the DAO and if so when is it happening?