Approved

TT-20: TT-19 - Distribute TT Token to Ericka for TT Web.3 Contributions

Cycle

9

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Synopsis

I, Ericka, request to have 27,500 TT Token distributed to me retroactively for my contributions to Thirsty Thirsty since joining the DAO in August 2022 to advise on Marketing & Brand.

 

Motivation

The TT token give access to governance, and therefore leverage in the community based on contribution to the community.

Attaching a record of my labor spent contributing since August 2022.

I arrived at the token amount by multiplying the work hours spent by my previously agreed upon rate for Friends & Family consulting at $120/hr.

I then converted the USD to ETH based on current pricing and then multiplied this by the current issuance rate of the TT treasury, 5000 tokens per ETH paid.

  • Sum of Labor 8,520$ = 5.50 ETH at current rate (10.19.23).
  • Current issuance rate of the treasury, 5,000 tokens per ETH paid = 27,500 TT.
NameMonth/YearTagsHoursUSD @ $120/hr
TT Branding DiscussionsAugust-September 2022Strategy3$360
TT Brand BookSep-22Strategy10$1,200
Twitter SpacesNov-22Strategy, Facilitator5$600
Marketing Guild MeetingsAugust 2022 - October 2023Strategy40$4,800
Flower Wines - NYApr-23Event Production, Facilitator7$840
Editing - Social MediaAugust 2022 - October 2023Editor6$720

Total hours: 71

Total Sum of Labor: $8,520

Specification

27,500 TT will be airdrop through the Juicebox app in the Gnosis Multisig to 0x659D3F663b50f884fE2fa683C4e732b09de78635. Different address then the one on the multisig, which is faerygood.eth.

Rationale

Airdrop tokens as the contributor should not have to add funds to the ETH to receive token.

 

Risks

TT may be sent to incorrect wallet address.

TT tokens don’t have any true currency value.

Timeline

The token should be distributed before the end of the submitted funding cycle.

Votes

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