Non-Fungible Tokens
Decentralized Autonomous Organization 2022
May
Decentralized Autonomous Organization (DAO) Whitepaper
Why Join An Inclusive DAO Like YVR DAO In Vancouver?
DAO is an acronym for Decentralized Autonomous Organization, a group of individuals who can collectively make decisions in a decentralized way. You can also help improve the world and yourself through your participation in a DAO. When you’re new in to the world of Web3, a DAO can help you learn and meet like-minded individuals to discuss NFTs, the metaverse, blockchain, and crypto. There are many DAOs to consider and Decentra-List can help you find the best DAO to join wherever you are:
- A simple website ? to search 4️⃣ Decentralized Autonomous Organizations (DAOs).
- A website ? to discover artists ? and their Non-Fungible Tokens (NFTs).
- Decentralized diary, Web3 decentralized book club community, and more.
For a one-stop ? shop ? for decentralized resources, visit https://www.decentra-list.com/
WHY THE ART PARTY JOINED YVR DAO
The Art Party members have joined YVR DAO which supports the values of The Art Party collective, a non-profit and 100% volunteer-run organization. Based in Vancouver, Canada, YVR DAO is inclusive of women and other under-represented groups in the web3 ecosystem. The Art Party is a collective made up of music artists, DJs, visual artists, volunteers, and supporters in Vancouver, Canada. It was incorporated as a BC non-profit society in late 2019 as The Art Party Community Services Society. The nonprofit artist collective exhibits NFTs on various platforms and co-produces local events.
YVR DAO’s goals include but are not limited to:
– Unite local crypto communities
– Establish Vancouver as a global crypto hub
– Support and invest in local community-driven projects
– Local government outreach (education and lobbying)
APPLYING FOR DAO GRANTS
Non-profits must understand the essentials before composing individual sections of a grant proposal. Funders require several grant areas, including clarity for the statement of need.
Non-profits must communicate the needs of their beneficiaries effectively. Questions include what challenges they face, what work has been done to mitigate the issues, and what barriers exist to achieving better outcomes.
Answers to these questions need to be clearly defined before writing grant proposals. In addition, you must convince the grant program officer your proposed program will solve a problem or positively impact your community in quantifiable ways. Otherwise, your project is unlikely to get funded.
It’s necessary to have your pre-determined answers for these sections before applying for grants:
- Mission
- Vision
- Philosophy
- Approach
- Purpose
- Program
- Community
- Beneficiary need
- Accountability
- Sustainability
VISION
The Art Party vision is that art is the value-driver, with a vision to build a more inclusive NFT community for a just, sustainable and peaceful planet.
PROBLEM
NFTs are an emergent technology that can help artists gain an additional income stream, as 65% of artists in Vancouver are living at the poverty level. However, works created by female-identifying artists globally account for just 5-15% of the multi-billion-dollar NFT industry. (The Art Newspaper, March 8, 2022) This is reflective of the low female participation in the crypto community. The percentage of women employees in the sector, including developers, investors, and casually interested individuals, hovers usually between 4% and 6% (Quartz, May 5, 2018).
In addition, musicians and artists have not been able to perform and exhibit at live events much since the COVID-19 restrictions from 2020 to 2022. The global music industry was hit hard by COVID-19 with live performance revenue the biggest casualty. Now, artists are going direct to fans from their own studios with live streaming or producing their own live shows. Numerous venues in East Vancouver, British Columbia, Canada are no longer in business or booking live music and art events. This has impacted musicians and artists from making an income with their talent.
SOLUTION
Artist DAO will co-host NFT events and workshops to provide education for a diversity of artists about NFTs as an additional income stream. We can help you learn what is an NFT, how to make one, and provide you with the most important resources. You’ll also receive some crypto-financial literacy to help you get started using this new and emerging technology.
A DAO, sometimes called a decentralized autonomous corporation (DAC), is an organization represented by rules encoded as a computer program that is transparent, controlled by the organization members and not influenced by a central government. DAOs are internet-native organizations collectively owned and managed by their members. The DAO’s financial transaction record and program rules are maintained smart contracts on ethereum-based blockchains that incorporate governance rules into their protocols. The intended result of this is to create self-regulating organizations that require minimal human maintenance and oversight. Reducing human involvement is predicted to lower the likelihood of moral hazard occurring in the organization’s management.
BACKGROUND
The Art Party Community Services Society (Est. 2019)
PURPOSE
The Art Party began as a Facebook Group in 2010 to promote the Main Art Drift – local small businesses supporting local visual and music artists on Main Street, Vancouver. Together, we have evolved to growing a community of Creatives & Changemakers globally.
MISSION
The Art Party provides services that build and connect our communities with social networking, as well as promotions for arts cultural events and skills training for Creatives & Changemakers. This empowers them to make a positive social impact.
VISION
The Art Party vision is to build and connect a community of Creatives & Changemakers who endorse Earth Charter® principles for a just, sustainable and peaceful planet.
PHILOSOPHY
Our philosophy endorses the Earth Charter as an ethical framework for building a just, sustainable, and peaceful global society in the 21st century. It seeks to inspire in all people a new sense of global interdependence and shared responsibility for the well-being of the whole human family, the greater community of life, and future generations. It is a vision of hope and a call to action.
APPROACH
Our approach is social networking to attract, build and connect Creatives & Changemakers to gather at community centers, co-working spaces, incubators and accelerators for referrals to training programs. The Art Party has grown an audience of +10,000 social media contacts to help promote workshops and events. We have a track record of audience / volunteers / partnerships development since 2010.
PROGRAM
The Art Party has co-produced and co-promoted over 40 workshops, talks, networking events, and group exhibitions with our Facebook Page (2013-2020). Speakers and trainers had backgrounds in sales, marketing and copywriting. Examples of the speakers are on our Facebook Group Learning Guides (2019-2021).
The Art Party has been promoting group exhibitions and fundraisers of local artists from Golden Brush Art since 2013. We collaborated with Digital IMPACT Festival in July 2020, with a reach of 1.7 million and over $23,000 raised for good causes. Our speakers included Earth Charter® representatives. Fundraising included Artist Relief Impact Fund to support artists who perform at the festival and its associated streams.
There are almost 20,000 cultural workers in Vancouver, of which almost 5000 are artists, the highest per capita in Canada. There are not enough collectors locally. Artists need skills training in digital technology to reach a global audience.
COMMUNITY
The Art Party has a history of promoting the Main Art Drift, an annual event of local small businesses supporting local visual and music artists along Main Street, Vancouver. This resulted in over 10,000 attendees visiting artists at small business storefronts and studios in the Mount Pleasant neighbourhood (2010-2012).
The Art Party co-produced and co-promoted Coinfest at an 8,000 sq. ft. media hall with an art auction to benefit a local charity, as well as other art events. We’ve shared and promoted over 400 live local art and music events on The Art Party Facebook Group since 2010 to help build our community.
Example of Community Training: The Art Party co-produced and co-promoted Crowdfunding Success Workshop to Help 270 Creatives & Changemakers get their projects funded at The Tribe (sponsored space), FundRazr (keynote speaker), and support from Groundswell, Spring.is, Conscious Living Radio and Blackbox Print. Crowdfunding has a successful track record funding artistic and creative projects, or community-oriented social entrepreneurship projects.
NEED
There is a need for skills training to help creatives to “cobble together a living” with various side gigs to supplement their creative practices. Creatives include artists (painters, sculptors and other visual artists (NOC 5136) have an annual BC median salary of $24,304. Source: 2016 Census (Full-time full-year median employment income).
British Columbia has the highest number of artists in Canada, and Vancouver has the highest concentration of artists per capita among Canada’s major cities. In Vancouver, artists make up 2.3% of the labour force with the broader category of cultural workers representing 9.7% (almost 20,000). Regrettably, 65% of artists (approx. 3,000) in Vancouver report a total income under $40,000 per annum and are living below the poverty line (Statistics Canada, 2011). This amount is way below the average annual full-time income of $54,000 in BC. In 2015, British Columbians working full-time earned an average weekly wage of $1,054.47 with an average hourly full-time wage of $26.58.
An arts education provides academic studies and practices for art-making, but does not provide adequate skills training in business and digital technology to enhance income. Canada also has a skill shortage because the companies’ needs are shifting due to increased automation. According to a report by StatCan, more than half (56.1%) of Canadian businesses in 2021 said that their current workforce was not fully proficient to perform jobs at the required level. The Grow Your Business Online grant will help up to 90,000 small businesses take advantage of e-commerce opportunities. This includes the $2500 micro-grant to help small businesses sell online: Must be incorporated, have at least 1 employee (other than the business owner) OR have had at least $30,000 in annual revenue in the most recent tax year.
Unfortunately, most artists will not qualify as they are not incorporated, have at least $30K in annual revenue, or have at least 1 employee. Therefore, The Art Party has co-produced and co-promoted over 30 workshops. Examples of our digital training are on our Facebook Group Learning Guides (2019-2021).
ACCOUNTABILITY
Our Program will leverage some of the best practices of the Tribe in Gastown from 2016-17 and the S.E.A.R.C.H. Program, Alliance for Arts & Culture Program (SEARCH) in Downtown from 1997-07.
The Tribe in Gastown was an accelerator and a co-working space focused on Vancouver’s technology startups. It offered services such as office space, management advise, marketing support and connections for startups to the right investors. It had an excellent exit and sold to 7 Gate Ventures Lab, backed by 7 Gate Ventures VC.
SEARCH helped unemployed and under-employed artists and cultural workers create sustainable income. With funding from the Federal Canada as an employment assistance program for artists, over 1600 individuals participated in the month-long process, many of whom remain connected through a list-serve. (Sustainable Livelihood Systems: A Framework for Understanding the Economic Role of Artists in the Creative Economy, 2008
SUSTAINABILITY
Pursue a diverse portfolio of funding sources as an organizational policy. That includes grant writing for governments, foundations and corporate grants. We applied for the Google Ads Grant through TechSoup Canada. Google Ad Grants works just like Google Ads online, by displaying our message to people who are searching for nonprofits like ours. As a qualifying nonprofit, we receive up to $10,000 USD in Google Ads / month.
Build a network of supporting partnerships: Our program involves a number of different organizations committing resources in the event some of the responsibilities of the program can become regular parts of everyone’s work, even after the funding is not available.
The non-profit has also developed relationships with event space partners who can benefit from in-kind sponsorship from Google Ad Grants to promote events and venues. These partnerships enable the non-profit to continue programming for workshops and cultural events in the community.
CONCLUSION
There is a need for skills training to help creatives “cobble together a living” with various side gigs to supplement their creative practices. Education about NFTs, an emergent technology can help artists, many living below the poverty line, learn how to gain an additional income stream. The inclusive YVR DAO supports a diversity of artists, including women and other under-represented groups will help provide a more equitable web3 ecosystem.
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