Dash Core Group February 1st Funding Proposals DCG is submitting 3 funding proposals for the February 1st budget cycle: 1) DCG Compensation: $257,000 2) DCG Public Relations: $27,390 3) DCG Premises: $22,000 This proposal This is cross-posted at https://www.dashcentral.org/p/coreteamcomp0219 What does this specific proposal fund? This proposal funds Dash Core Group's ongoing compensation costs - including all developers, administrative, business development, marketing and support staff. As of the end of December, DCG had 47 staff associated with the project, 5 less than at the end of November. The breakdown of the number of staff we have working in each unit is as follows: Development and Operations: Full-time: 26 Part-time: 6 Business development / marketing / customer service: Full-time: 8 Administration: Full-time: 6 Part-time: 1 * Full-time defined as contracts permitting staff to bill up to 40 hours a week ** Part-time defined as contracts permitting staff to bill less than 40 hours a week Please note that our current run-rate is $285,000 after taking into account voluntary pay reductions, recent resignations and the non-renewal of certain contracts. A number of additional DCG subcontractors volunteered to either take significant pay reductions or forego salary all-together. A big thank you to them, their contributions are hugely appreciated. They have been instrumental in allowing DCG to continue development without major disruptions. We are asking for pre-pay-reduction run-rate funding of $257,000 as we will be drawing down on our buffer in order to pay for the the current shortfall in funding. If the price were to remain in the $80 range, we will need to reduce our run-rate further in February. This gradual approach ensures that we don’t over-react to market movements. If you have any questions, please direct them to @glennaustin in this Dash Forum post to ensure we are notified of your request. Requested funding is as follows for the February 1st budget cycle: · 3,095 Dash for core team compensation ($257,000 USD @ $83 per Dash) · 5 Dash proposal reimbursement Total: 3,100 Dash Note: Should any funding remain, we will apply it toward future compensation expenses.