Cabin Clubhouse
1. TL;DR
- To date our offerings have most often required people to relocate (co-living, cabin weeks)
- Local offerings are an easier ask and pair well with supper clubs
- Social clubs can be launched near major city centers where supper clubs have proven interest
- Social clubs would allow club members to stay at a Cabin property a given # of nights per month, access it’s facilities, rent out it’s spaces, and attend or host events at the property
- How does Citizenship integrate into Clubhouse Membership?
- Cabin’s community in Austin and the proximity of Austin to N0 provide a great pilot
- Success of this approach would give us a repeatable model for profitable growth of the network
2. Team
- Sponsor: Jon Hillis - Cabin Co-founder, Caretaker @ Neighborhood Zero
- Steward: Charlie Frise - Builders Guild Custodian, Frise Design + Build
- Members: Contributor bounties as needed
3. Goals
- Create a replicable business model for the growth of the DAO and its properties.
- Social club offering figured out by:
- Testing what the market is willing to pay per month
- Testing growth strategies
- Experimenting with social club offerings
- DAO funding model figured out by:
- Determining revenue share to go from 0 → 1
- To begin, a 50/50 revenue split between the DAO and Property LLC is proposed
- At the end of the year, this will be analyzed for future proposal recommendations
- Determining revenue share to go from 1 → n
- More context is required to make this decision than what’s available at this stage
- At the end of year 1, the clubhouse run rate will be analyzed and a revenue split going forward will be proposed
- To ensure the DAO does not get cut out of the revenue share, the future proposed revenue share must fall between 10 and 50 percent.
- 10% as the lower bound in the case where the DAO is no longer providing a contributor
- 50% as the upper bound in the case where the DAO is still providing a contributor
- All learnings will be documented and shared with the DAO at the end of the year in the form of a Clubhouse Launch Playbook, including:
- Results from experiments
- Full accounting breakdown
- Recommended SOPs
- Construction plans for rapid development of Properties
- Clubhouse marketing materials/templates
4. Proposed Budget
For a 1 year contract, the following budget is requested:
Below is a breakdown of the intended use of funds, which includes a contributor salary for Charlie at the same USD amount he was receiving through the First Fellowship, a budget for contractors as needed, and ₡ABIN for incentivizing citizen referrals and completing quests as needed.
- In addition to the USD rate Charlie was getting paid in the First Fellowship, he is requesting 300 ₡ABIN per month.
- The contractor budget would go towards hiring editors for marketing videos as needed. As videos will be uploaded to Charlie’s channel, the cost of the editors will be split 50/50 between Charlie and the contractor budget in this proposal.