How Should We Invest Our Treasury Funds?

This is what makes us a real "DAO", right?

Thanks to all your contributions, we have a solid reputation in the web3 space, a network of incredibly talented experts, and - approximately $20.000 in the treasury.

Here is the full balance sheet. I recommend bookmarking it.

We could let inflation and indecision eat away the money over time (see blue line), or we could together decide how to re-invest it in order to make Deep Work grow. The wisest way to spend it is on productive investment that will grow the treasury as a consequence of generating more exciting work and move us closer to our vision:

Deep Work aims to provide organizations and freelancers with a cooperative framework that reduces operational costs, supports fair profit distribution, and fosters a motivated, health-first working culture.

Keep an eye on our Discord over the course of the next month and feel free to make suggestions, as we should discuss what you would like to do more of and how we can strategically invest our treasury funds.

For example, you can suggest:

• Going to a conference or organizing an event

• Getting software subscriptions that will make your work more fun

• Increasing our social media presence by providing content

• Creating and publishing high-art case studies or making Deep Work swag

• Improving our community experience and management

• And pretty much anything else you can think of…

You can drop your ideas anywhere in the Discord, DM me or join the community call on June 16th where we can discuss options and make a final decision latest on June 30th.

And now for a few updates:

Operations

• We're streamlining our infrastructure to cut costs and make managing finances easier. Here’s a short summary of our new dashboard to keep track of department balances, expenses, and profits.

  • Want to help or get involved? Send me a DM.

DAO Consultancy

• We continue to work with GitCoin and Collab.Land on their organizational map and team workflows.

  

  This is how Collab.Land looks

• Stay tuned for potential upcoming projects with Superset and ConsenSys! More details in the #dwc-projects Discord.

Deep Work Studio

• Projects are progressing well, the current projects are being completed and we're exploring new collaborations with a few clients.

Software

• We've made updates to our stakeholder confirmation and personal feedback features. See #product-design

• I will start writing documentation for Deep Teams, to help teams and individuals easily use our tools to start their own organization.

  • Let me know if you want to get involved!

Awareness

• We're revamping our social media presence on Instagram and Twitter to keep you better informed. Follow us if you’re using these!

  • Or let us know in #awareness which other social media networks we should post to!

  • Or suggest #content

Deep Experiences

• Inga hosted a real-life culinary experience at Zuzalu! We're planning another event in Berlin in June.

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Thank you for all your ideas, honesty, and contribution. See you around!

Andrej