Parcel Zero is CityDAO’s largest and most significant effort to date. It is a Wyoming DAO’s first land purchase. The NFT project was a monumental step towards putting land on chain. Of all our existing guilds/efforts/projects/etc. this is the only other one that has a separate NFT which controls access/governance/etc… Parcel Zero is our only project that has a separate entity which holds the land and through which Parcel Zero NFT holders interact, and “Parcel Zero, LLC” merits an arms length relationship.
The possibilities for Parcel Zero have not been fully realized. While there are significant limitations for what can be done with the land, there remains a great deal of potential within the related Parcel Zero effort. Which direction we go needs to be determined by Parcel Zero NFT holders through the governance granted to them. However, very little is possible with no funding available. Additionally, we have known expenses which will exist, and past expenses which have yet to be paid.
Taking all of this into consideration, it is important that we recognize the Parcel Zero effort for the significance that it holds, and grant Parcel Zero NFT holders enough autonomy and funding to govern meaningfully. Without this a not insignificant amount of energy will be consumed making small asks along the way, and it will be that much more difficult to fully realize the value of holding a Parcel Zero NFT. This proposal provides a baseline foundation intended to prevent the project from languishing and maintain the current momentum.
FUNDING This CIP requests $73k for the following:
~$5k (estimate) to support the Parcel Zero development team at the desired level. As part of the final monumental push to get the Parcel Zero Reveal across the line, many team members made contributions beyond what was expected to make the reveal and app amazing. The rollout was better than many professional organizations, and the near complete lack of concerns/issues post reveal is a testament to success of their efforts. This is a small buffer that grants the development team the ability to retroactively compensate those people for additional work performed. Distribution to be determined by the team who was responsible for delivering the Parcel Viewer app & Metadata Reveal.
~$15k (estimate) to cover costs of minting and distributing the remaining ~900 unminted Parcel Zero NFT’s. Note that the entirety of these would be exclusively for Parcel Zero NFT holders to allocate (CityDAO has already been granted their share of 100), but in order to save on costs of a second transfer CityDAO will hold these in trust and distribute them as instructed by Parcel Zero governance. This is only to earmark the cash; there is no distribution schedule at this time. Parcel Zero NFT holders will determine how these are distributed through separate Parcel Zero Improvement Proposal(s) or similar governance process.
~$20k (estimate per @fugyeah) to cover essential costs on the parcel for 10 years (taxes, insurance, and basic maintenance). Intended to remain in trust and cover expenses as incurred.
~$33k to continue development and experiment with what is possible. This small seed would unburden Parcel Zero NFT holders from the need to justify spend from a separate entity. This commitment from the CityDAO community will create opportunity to explore what is possible related to Parcel Zero, at the discretion of Parcel Zero NFT holders.
Note that many of these items are approximations. Although these best estimates are believed to be reasonable, some of the monies from the general fund may be necessary to cover under-estimated amounts, and for any category which is under-utilized, any remaining funds will become available for general development and experimentation related to Parcel Zero (i.e., contributing to or taking from the bucket above).
DISCORD COMMUNITY A Parcel Zero NFT holder is deserving of the same rights and privilege that we grant to Citizenship holders, albeit through separate mechanisms. Additionally, we will have Parcel Zero NFT holders who do not hold a citizenship nor have interest in existing CityDAO activities.
Proposal is for a structure that looks very similar to the current guild approach. This provides continuity for the look and feel that citizens have come to expect over the last year, and creates a space which makes it easy for Parcel Zero NFT holders to focus time and attention in a familiar way:
A new Discord Category for Parcel Zero similar to what we have for current guilds. A new self-selected Discord role for Parcel Zero, allowing users to self-select into discussions in #unlock-channels A new verification process for Parcel Zero NFT holders, similar to what we have for the current Citizenship NFT for locked channels Within the new Discord category, we would expect to create access similar to what we have for our current guilds, including:
General Public CityDAO Citizenship NFT only Parcel Zero NFT only Both CityDAO Citizenship NFT and Parcel Zero NFT etc. It is initially proposed that DenverCitizen9 be granted full authority over the new Parcel Zero Discord category to set up, manage, and experiment with the layout of the channels, similar to the local authority that we currently grant to existing guilds. Note that this is in addition to, not in lieu of existing admin control, and there is no expectation that DenverCitizen9 will gain any type of facilitator role or additional privilege or recognition related to the Parcel Zero effort; the purpose is to unburden the current CityDAO team.
GOVERNANCE While it may be reasonable to expect Parcel Zero NFT holders to initially follow a process similar to what was established for CityDAO, a separate Snapshot category will be necessary as governance rights are unrelated to the existing CityDAO citizenship. This may need to be tied to the Parcel Zero ENS (though it is not known who currently holds that).
TREASURY MANAGEMENT If this CIP passes, NFT holders are expected to voice opinions and make a determination for who has the ability to distribute related Parcel Zero funds. Ideally this would happen after a selection process and Parcel Zero NFT holder vote. A review of the LLC documentation would likely be necessary to understand what is possible and/or expected.