General Magic is offering 1hive the ability to add their own merch to our swag shop , which can provide a revenue stream and be sent as xDAI to the Treasury Swarm Gnosis Safe, while at the same time allowing the community to support the project and be proud of wearing bee’s merch.
General Magic offers full- service product, governance, and crypto-economic systems design for Impact DAOs. We’ve helped build and grow public goods projects such as Giveth, Commons Stack, Token Engineering Commons, clrFund, DAppNode, Ethereum Name Service and more. With deep roots in the Ethereum ecosystem, the General Magic team has Web3 professionals for virtually any need your DAO has!
We propose to add the 1hive brand to the GM shop, listing bee’s merch on the GM store. GM wants to have a marketplace used by impact DAOs. This is an opportunity to have your own swag listed and ready to be bought at the minimum cost possible, and would make profits almost right away (after covering initial costs).
Customers will be able to pay with fiat and crypto, right now our shop is deployed on the Gnosis chain and the payments can be done with its native token. If the community requests in the future we can add more options such as the ability to create a merch token that 1hive would fund and distribute at will for their community, or add new designs or merch for new seasons etc.
1hive community can use the profits of the shop to provide a revenue stream as xDAI to the Treasury Swarm Gnosis Safe. Everyone in the community gets the chance to get 1hive merch, build fomo, brand loyalty, and support 1hive, knowing that the profits of swag are being used to benefit the community and its mission.
Team Information (For Funding Proposals)
General Magic is a group of Web3 professionals with deep roots in the Ethereum ecosystem offering full-service product, governance, and crypto-economic systems design for Impact DAOs.
Our team of designers, developers, system architects, researchers, writers, and seasoned Web3 professionals have the knowledge and insights to support the ever growing demands of Impact DAOs — both by integrating with existing teams and creating resources from scratch.
Website - https://generalmagic.io/
Twitter - https://twitter.com/generalmagicio
Funding Information (For Funding Proposals)
Amount of HNY requested:
85HNY (~$1,500 at current price)
Ethereum address where funds shall be transferred:
More detailed description of how funds will be handled and used:
$1,000 will be used to create 3 different designs, one for each category
$500 To set up the 1hive shop
Profits from 1hive swag sales will be shared 50-50, which means that 50% will be used to provide a revenue stream as xDAI to the Treasury Swarm Gnosis Safe and the other 50% will be retained by General Magic directly funding the work General Magic does supporting Impact DAO and Public Good organizations. This will also cover maintenance of the swag shop, which includes making improvements on the actual site and customer service such as dealing with order fulfillment, refunds, canceled orders, delivery issues, etc.
Besides the initial batch of products, if 1hive would like more designs in the future, GM could charge a one-off fee for any additional designs ($100 for a batch of 5 products).