Project Name: BanklessDAO

Author Name: Baer.eth, DAOstewards.eth
Number of COLLAB tokens requested: 701,275
Recipient Address: oeth:0x745ce2Af76E9a6EBa65CC0cAcaa9eA109bB7FaBd

Proposal for token distribution (under 1000 words):

How will the tokens be distributed?
The claimed Token will be distributed to the following scheme

• 50% of the allocated tokens for community incentives,

• 30% for the BanklessDAO’s community treasury for long term Governance engagement.

• 10% to Bankless DAOstewards paid over 6 months. Rewards will be distributed between active contributors in the workstream

• 10% to the Bankless DAO Ops Department

Mechanism for distribution:

Distribution of the tokens allocated to community incentives.
The earmarked 50% of the tokens will be used to reward the following

• 30% for building BanklessDAO branded Minidapps in Collab.Land.

• 20% to other Collab.Land related future contributions.

The tokens will be distributed through the Thrive rewards program, Grants Committee or a combination.
The 100% of claimed tokens will be delegated to our meta-governance group DAOstewards.eth while awaiting distribution as soon as an option to delegation is enabled . DAOStewards will be active in Collab.Land governance from the get-go.

BanklessDAO treasury and DAOstewards will enforce a self-imposed lockup up to 12 .

The tokens are expected to be distributed to active contributors of the BanklessDAO community over the course of 12 months.
The targeted group spreads from Dapp Developers and content creators of more than 15 languages of the media nodes of BanklessDAO.

The details distribution of 50% allocated to community incentives can change per BanklessDAO’s internal governance

Co-incentives:
BanklessDAO allocates $BANK tokens grants for building projects aiming to spread the Bankless mission [more info]
The community rewards can be coupled with the ongoing $THRIVE rewards program.

What is the benefit of this distribution?

To Collab.Land:
Qualified governance participation from DAOstewards.eth for the next 12 months. Effective distribution of tokens for contribution to Collab.Land Expansion of Minidapps in the marketplace from banklessDAO contributors.

To BanklessDAO:
BanklessDAO branded tools built on Collab.Land will provide broader outreach to the BanklessDAO brand Provide additional incentives for contributions within BanklessDAO on Collab.Land themed newsletters, and multi-media content

Where will tokens be held once distributed by Collab.Land DAO?
The token will be underheld by the common community treasury for distribution: oeth:0x745ce2Af76E9a6EBa65CC0cAcaa9eA109bB7FaBd