One-time payouts are often made for short-term projects, investments, refunds, and retroactive payouts.
Author:
Nima1007, writer at elfDAO
Proposal date:
2021-12-17
Summary:
Provide a comprehensive 1-2 sentence summary of your proposal.
elfDAO is proposing a one-time payment of 1 ETH for the purposes of purchasing gifts for underprivileged children.
Full documentation here: https://docs.elfdao.com/
Risks:
List any potential risks for Juicebox DAO and its members.
The project may not reach it’s goal of $1 million dollars. Though, in this case, we still intend to use the funds for donation purposes.
elfDAO is also subjugated to the same risks other DAOs operate under (e.g. governance token may have price fluctuations as they are minted through JB)
What is this payout for?
The payout is for our project’s overall goal: to obtain $1,000,000 in funds that will go towards purchasing gifts for underprivileged children through charity organizations that fall under the 501(c)(3) not-for-profit status such as Toys for Tots.
Payout recipient:
Payout recipient's name and address.
ens: elfDAO
address: elfdao.eth
Payout amount:
We’d like to request 1 ETH. Though, we will be happy with any number as a payout, as those funds would go directly to more gift giving.
Sponsors:
- bjmoon (core contributor multisig signer)
- straightupjac (core contributor, multisig signer)
- tmb (core contributor, multisig signer)
- heegs (advisor, CEO of enDAOment, multisig signer)
- !wagmi wilson (advisor, multisig signer)
- pplpleasr (multisig signer)