RRC-51: Establishment of the Rarible Creator Fund Working Group
ID 261108...7453
ID 261108...7453
Proposed on: Sep 23rd, 2025
Proposed on: Sep 23rd, 2025
Votes
Proposal
Proposal
Proposal Title: RRC-51: Establishment of the Rarible Creator Fund Working Group
Author: Forexus (on behalf of the RARI DAO Community)
Date: September 22, 2025
Abstract
This proposal adjusts the original establishment of the Rarible Creator Fund Working Group to incorporate selected community delegates, a defined rotation schedule for inclusivity and continuity, and refinements based on forum discussions. The Working Group will operationalize the Rarible Creator Fund Program by reviewing grant applications (ranging from $2,500 to $20,000), approving incentives for NFT creators launching on the Rarible marketplace, monitoring performance metrics (e.g., NFT sales volume, user engagement), and providing quarterly reports to the RARI DAO. The structure expands to 5 members initially (2 fixed and 3 delegates) to address low nomination volume while aligning with DAO governance principles of transparency, expertise, and merit-based participation. No budget is requested beyond the existing RRC-48 allocation. Upon approval, the group will launch immediately with an onboarding call.
Motivation
The Rarible Creator Fund Program (RRC-48) aims to bolster the NFT ecosystem by incentivizing creators, but requires a dedicated operational body for effective execution. Forum discussions highlighted the need for expert curation, clear grant criteria, and staggered rotations to prevent burnout and incorporate diverse perspectives. With only a handful of strong nominations (@forexus, @jarisjames, @sohobiit), expanding the initial delegate count ensures immediate momentum while allowing rotations. This adjustment meets RARI Foundation standards by formalizing the proposal with structured sections, emphasizing measurable outcomes, and mitigating risks like disengagement through volunteer prestige and DAO oversight. It promotes community involvement, aligns with merit-based governance, and supports ecosystem growth without additional costs.
Proposal Details
Working Group Structure
- Composition: 5 members total for the initial 12-month program term.
- Fixed Members (Non-Rotating):
- Anna Riabokon (RARI Foundation Team Lead) – Provides administrative and compliance expertise.
- Jonathan Colón (Rarible VP of Growth) – Ensures alignment with Rarible Protocol tools and business development.
- Delegates (Rotating):
- @forexus (Anchor delegate with 5+ years in Web3/NFTs, artist/collector background, proven Rarible advocacy; no conflicts).
- @jarisjames (Curation and artist sourcing expert; aligned with creator economy; committed to 5-10 hours/month).
- @sohobiit (Execution and innovation focus; brings fresh ideas from forum endorsements).
- Fixed Members (Non-Rotating):
- Selection Basis: Delegates selected via forum consensus from nominations, prioritizing expertise in NFTs/creator economy, DAO engagement, and absence of conflicts. Future rotations will use open forum calls, with eligibility based on the same criteria.
- Term Length: Delegates serve 6-9 months, with staggered rotations to maintain at least 2 active delegates alongside fixed members.
- Requirements for All Members:
- Expertise in creator economy/NFTs (e.g., content creation, curation, Web3 projects).
- 5-10 hours/month commitment.
- No conflicts of interest (disclosed quarterly).
- Diversity encouraged in geography, background, and skills.
Roles and Responsibilities
- Review and approve grant applications using a transparent scoring rubric (e.g., potential for sell-outs, secondary volume, innovation).
- Monitor KPIs (e.g., NFT launches, engagement, fund ROI) via Rarible tools.
- Produce quarterly reports to the RARI DAO, including recommendations and community feedback integration.
- Collaborate with Rarible Protocol for technical support.
- Onboarding: RARI Foundation-led, including DAO tool training and compliance (e.g., KYC for grantees if required).
Rotation Schedule
The program spans 12 months, divided into four quarters (Q1-Q4, assuming 3 months each). Rotations ensure continuity while allowing rest and new input:
- Q1 (Months 1-3): @jarisjames and @forexus (with fixed members Anna Riabokon and Jonathan Colón). @sohobiit on standby.
- Q2 (Months 4-6): @sohobiit rotates in; @jarisjames takes the quarter off. Active delegates: @forexus and @sohobiit.
- Q3 (Months 7-9): @sohobiit remains; @forexus takes the quarter off. Active delegates: @jarisjames and @sohobiit.
- Q4 (Months 10-12): Program concludes with @jarisjames and @forexus (original starters). @sohobiit rotates out if not extended.
Implementation
- Grant Criteria Refinements: Developed in Q1 onboarding call (e.g., scoring for viability, diversity, measurable impact).
- Operations: Consensus-based decisions; fixed members hold veto on conflicts. Quarterly DAO reviews for adjustments.
- Compensation: None – Volunteer basis, emphasizing collaborative prestige and ecosystem contributions.
- Monitoring and Reporting: Use Rarible analytics; reports posted to forum for DAO feedback.
Timeline
- Week 1: Onboarding call for all members; finalize grant rubric. (done)
- Month 1: Open first grant cycle; begin reviews.
- Month 3: Q1 report; initiate Q2 rotation.
- Month 6: Q2 report; Q3 rotation.
- Month 9: Q3 report; Q4 rotation.
- Month 12: Final report; program evaluation and potential renewal vote.
Budget
- No additional funding requested. Operates within RRC-48’s allocated Creator Fund (grants up to $20,000 per creator, total program cap as defined).
- Administrative support provided by RARI Foundation (no cost to DAO).
Risks and Mitigations
- Risk: Low Application Volume – Mitigation: Promote via Rarible channels, X (@rarifoundation), and DAO networks.
- Risk: Bias or Conflicts – Mitigation: Transparent rubrics, quarterly disclosures, DAO veto option on disputes.
- Risk: Disengagement – Mitigation: Staggered rotations, volunteer incentives (e.g., recognition badges), fallback to DAO vote for inactive members.
- Risk: Delays in Rotations – Mitigation: Foundation automation and backups (e.g., re-open nominations if needed).
Voting Options
- For: Approve the adjusted Working Group establishment and launch.
- Against: Reject the proposal.
- Abstain: No opinion.
