MIP-2 - Proposing the Mythos DAO Ambassador Program

SUMMARY

This MIP proposes allocating 1,500 $MYTH per month, for 13 months, for a Mythos DAO Ambassador Program. The Program’s objective is to promote the Mythos Ecosystem, increase community engagement, and attract new members via a dedicated team of Mythos Ambassadors.

BACKGROUND

The early stages of a DAO can be slow, as membership and activity is still growing. This Ambassador program is meant to accelerate the DAO’s growth, by incentivizing members to promote Mythos and inspire the community to be active and engaged, primarily through Discord and on social media. In this way, we can build momentum in these early days of the Mythos DAO.

OBJECTIVE

This MIP is meant to establish a Mythos DAO Ambassador Program. It proposes the compensation, success criteria, and selection process for the Ambassadors, whose purpose will be to drive community engagement, promote our ecosystem, and attract new members, in order to accelerate MIP submissions and expand the impact of our DAO.

TEAM

The team responsible for implementing and administering this Ambassador Program will consist of the Mythos Foundation administrators and community managers. The Ambassadors themselves will be members of the Mythos Discord who demonstrate a passion for the Mythos Ecosystem and its mission.

Selected Ambassadors will need to fulfill certain monthly requirements, detailed below, in order to retain their position and receive their monthly compensation. Ambassadors who do not meet these requirements will be removed from the Program and replaced, so long as the potential replacement meets the eligibility criteria, detailed below.

SPECIFICATION

The Ambassador Program will cap at 25 members at any given time. Each ambassador will be given 60 $MYTH at the end of each month, provided they fulfil the requirements, as incentive for their contributions. Ambassadors who do not fulfil the monthly requirements will be removed from the Program.

The monthly requirements for Ambassadors to receive payment and retain their position are:

  • Post at least 30 messages on the Mythos Discord, tracked via the MEE6 leaderboard.

    • Messages must avoid any spam-like characteristics (e.g., “Good morning,” “Hello,” “How are you”). Ambassadors who spam without contributing to the community will have their monthly activity reset.
  • Amplify the @EnterTheMythos Twitter handle at least 10 times, such as:

    • Mentioning @EntertheMythos

    • Quote Tweeting @EnterTheMythos

  • Be a member of the Mythos DAO Discourse (https://forum.mythos.foundation/)

Ambassadors are also encouraged to assist new members in navigating the Mythos ecosystem, helping them understand the governance process and participating in the MIP process.

Before the end of each month, Ambassadors will submit a templated report to the Mythos Foundation administrators, who will use the report to assess whether the Ambassador has fulfilled their requirements. If so, the Ambassador will receive payment for the prior month. If not, a new spot will open up and a snap nomination process will commence to fill it, in line with the nomination process detailed below.

IMPLEMENTATION PLAN

If this MIP is passed, the following steps will take place to select the Mythos DAO Ambassadors:

  • A new channel will be opened on the Mythos Discord, titled “Ambassador Program Nominations.”

  • Members who are interested in becoming an Ambassador will self-nominate by sending a message in this channel, which includes their Discourse handle and Twitter handle; nominees are encouraged to make their case for why they should be selected by the 25th of each month.

  • The members whose posts receive the most Likes after a period of 7 days following the establishment of this channel will be selected as the Ambassadors. The amount of Nominees selected to become Ambassadors will be dependent on how many Ambassadors are being removed from the program in that month. The right to vote on potential Ambassador Nominees will be exclusive to $MYTH token holders.

In the event of a tie in Ambassador Nomination voting, a secondary vote will be held among the existing Ambassadors to settle the tie. In the event of a tie during the secondary vote, a Mythos Foundation administrator will make a selection as the final tie-breaker.

To reduce clutter, any messages sent in this channel that are not self-nominations will be deleted. For discussion, please use the General or “Ambassador” channels.

Ambassadors who joined the program in the initial starting month of the Ambassador program will receive their 60 $MYTH payout for the month prior to the submission of MIP-2.

COST

The budget required for the Mythos DAO Ambassador Program is 1,500 $MYTH per month over 13 months (starting May 2023), for a total 19,500 $MYTH. If the community wishes to continue the Program after one year, it can be reinitiated via a new MIP.

We’ve reached 25 votes! I think its time we move this forward to become a formal MIP!

9 Likes

Acknowledged Blueblood. Thanks for letting us know. Will move forward presently.

7 Likes

Hey Heroes,

We wanted to update you on the progress of blueblood’s’s MIP Draft. Our team has carefully reviewed and discussed it and we’ve sent the author a list of initial questions. We’re currently awaiting their response.

As always, we’ll keep you updated on any further developments. Make sure to follow this topic for the latest updates.

Thank you!

-sparrow

5 Likes

Hey Heroes,

Just an update here to let you know that @Blueblood has responded to our questions, and our analysis will be able to continue.

Will keep you all updated accordingly.

Best,

  • sparrow
2 Likes

Hey Heroes,

We wanted to update you on the progress of blueblood’s’s MIP Draft. Our team has carefully reviewed and discussed it and we’ve sent the author a further list of questions. We’re currently awaiting their response.

As always, we’ll keep you updated on any further developments. Make sure to follow this topic for the latest updates.

Thank you!

-sparrow

3 Likes

Hey Heroes,

Just an update here to let you know that @Blueblood has responded to our question, and our analysis will be able to continue.

Will keep you all updated accordingly.

Best,

-Humber

3 Likes

Since there is dated language in this proposal, it might make more sense to revise the payout structure slightly.

Instead of the program retroactively starting on May 2023, the 12 month period shall begin on the date that this proposal passes on.

For simplicity, the period from May 2023 until the date of MIP-2 passing will be considered the “13th month” and Ambassadors will receive the equivilent payout for 1 month of being in the Ambassador program.

1 Like

I was recently contacted by Mythos representatives about a few suggestions regarding MIP-2, here are the responses;

  1. Budget and ambassador compensation to be priced in USD. Ambassadors paid in MYTH token equivalent of their USD compensation, calculated by price at the time of transaction.

This sounds great to me, I think it makes the most sense for everything to be a predictable rate.

  1. Allow the Foundation author, administrator, and SC to implement non-financial changes to improve the efficacy of the program without a new MIP.

I agree with this as well. I imagine down the line we’ll notice things that could help improve the program. If I am needed to bounce ideas off of in this process I should be able to help out or get some community feedback.

  1. After the first month of the ambassador program, create a token gated channel for continued participation in the ambassador program where each ambassador must hold a percentage of their first month’s MYTH token payment to gain access.

That is a great idea! Obviously it’d be a concern that people would just farm ambassador payments to liquidate. I agree that this would make for a healthier ambassador program.

2 Likes

Hey Heroes,

Your new admin team is reviewing MIP-2 and will promptly return with updates. Blueblood has addressed all our questions thus far.

-slinger

1 Like

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