Partially Funding Project 10k

Because Project 10k was a project led by Coordination Cluster, the majority of people who belong to Coordination Cluster will be paid during the regularly scheduled Coordination Cluster Funding Proposal (March 31st 2022). Thus the only funding will be requesting will be:

Misterplus for 120 hours of work (GitHub - BrightID/BrightID-Soulbound-NFT: Soulbound NFT standard powered by BrightID)

aLANparty for 34 hours of work (10kcelebration.bright.org and 10krescue.brightid.org)

TalonM4 for 1.5 hours of work

900 $Bright as the total prize pool split between 10 winners (an 100 additional $Bright will be provided by NFBeez)

We have chosen a rate of 20 USD per hour, as this is what Coordination Cluster pays as well as how much connection party hosts are paid per hour. At the time of the proposal, $Bright is worth roughly $0.25. Thus the total amount of $Bright requested is 34 + 1.5 + 120 hours * 80 $Bright per hour + 9000 $Bright for prize pool = 12440 + 900 = 13340 As of March 16, $Bright has increased in price to $0.30. We will instead be using the price in the middle of $0.275. 120 + 34 + 1.5 = 155.5 hours. $20/0.275 = 72.7 (rounded to 73 for easy math) $Bright per hour. 155.5 * 73 + 900 (for prize) = 11351.5 + 900 = 12251.5 $Bright

The detailed breakdown is as follows:
MisterPlus: 120 * 73 = 8760
aLANparty: 34 * 73 = 2482
Talon: 1.5 * 73 = 109.5
Raffle Pool: 900
Total = 12251.5

Soulbound Cluster will be using the Coordination Cluster multisig as there is significant overlap between the two clusters.

0xC8450271A7069d26B2ccd93769913D86Ba041cd4

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Why not fully fund it? What’s missing here? @Misterplus work?

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As we discussed in discord, work in SBC is largely overlapped with work in CC, so for the initial funding it’s better to combine part of the funding (mainly mine) as part of CC.

Edit: We’ve discussed that most of my future work will be in SBC, so it’s easier to just include everything in SBC as is.

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I’ve now edited the proposal to include MisterPlus’ hours

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