Referral and Reward Program
Rather than simply being an investment DAO, the Own.fund aims to become the premier resource for builders in the crypto-enabled creator economy, as well as the most valuable accelerator for projects emerging out of the space. In order to get there, however, it is necessary to acknowledge the work of our members in a variety of ways, especially those who conduct vital outreach, bring new and exciting projects to the DAO, and assist them in achieving success. In order to incentivize active engagement and motivate members to carry out tasks on behalf of the fund, then, an NFT/POAP-based Referral and Reward Program has been implemented.
POAP Rewards for Participation
POAPs, through their ability as NFTs to serve as a source of recognition that may also be integrated with applications such as the Own.fund Discord, provide a useful means of acknowledging and attributing special abilities to fund members and the wider community. As such, a variety of specially designed POAPs have been or will soon be made available that are distributed for carrying out specific tasks:
Members receive an official member badge POAP.
Call Participants - receive a POAP for every call they participate in.
Voters - receive a POAP that records their participation in the Snapshot-enabled voting process.
Scouts - are members or individuals who refer a successful investment to the fund and receive a POAP to mark this valuable contribution.
Portfolio Supporters - are those who provide special assistance to a project within the fund's portfolio and receive a POAP to mark this valuable contribution.
Scout Program
As the sourcing of investment opportunities provides one, if not the most important contributions to the Own.fund and its DAO members, the Scout Program has been designed to streamline and acknowledge this valuable contribution. Members willing to contribute deals/projects for possible investment by the fund send the potential investment’s information to the Operations Manager, who will then work with the Scout to bring it before the rest of the members. The information on the project should include at a minimum:
Project Name
Website
Contact Person and Introduction Method
Project Description
Value Proposition of the Project
The Operations Managers then examines the proposed deal, expanding the background research if necessary, and coordinates the necessary formal procedures to move the deal forward. If the deal passes the voting stage with approval, the member who suggested it receives a one-of-a-kind POAP that confirms their role in sourcing that particular deal.
The Scout Program is active and open to anyone that is interested in contributing. The following form, which also detail requests for the scout, can be used to start the process:
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