- Mar 6, 2017
We are absolutely willing to break up the proposal as the network gets to view the progress to determine funding on additional sponsorships for 2019.@ThirtySix -- Hello, and thank you for your pre-proposal. Most of the more significant questions have already been asked by others or in the compilation to which you responded. Some additional questions I had:
1. I was looking over the deck for the Weed Experience and noticed a number of A and B list celebrities mentioned. Could you elaborate on the capacity in which they will be involved? Will they be present for the event, posting on social media about it, licensing their music for it, etc? The celebrities mentioned will be participating through performances, appearances on site and some of which have cannabis brands/products will be promoting discounts at local participating dispensaries for their products. If the location is able to obtain proper licensing in time, the products will be sold on site. In addition to performances some of these celebrities with cannabis related businesses will also be sponsoring the event. The event experience is in the process of signing a 3-5 year lease. We have also introduced them to one of our major partners that may be able to assist with the location lease and promotion of the Weed Experience.
2. It's been asked a few different ways, but when can we expect to start seeing actual activity on the blockchain so we can begin to assess if and how much funding we want to allocate to your marketing efforts? I understand there were some obstacles and hurdles and that integrations take time, but that is I think the biggest determining factor in whether or not we'll continue to fund these efforts. You've built this great system, and secured some ideal partnerships, but we want to actually see it in action. Maybe you could reach out to some of your partners and get them to record themselves or see if there are any customers willing to do a video review of using your system or combined systems? We understand seeing this in action is focus for the network, this is also a focus for Alt Thirty Six. We will start to see an increase in transactions on the platform by merchants in AZ and CA over the next month. MJBizCon in Vegas next week will be huge for getting merchants on the system and getting them to begin processing via the CannTrade integration. Testimonials is a great selling point, and this is something we are in talks with right now and hope to put this together to share on our website and with the network.
Lastly, more a statement than a question, but you expressed willingness to potentially break up your budget requests in to separate proposals above. Like I said, more than anything, I think most MNOs are chomping at the bit to see the activity and confirmation from (2) that this was a worthwhile venture for the DAO. I believe your proposal would fare better if broken up this way, particularly if demonstrable activity increases over the duration of the first proposal and we see solid evidence in the form of actual use by your completed integration partners.