Proposal: Setting up the first Arbitrum Community House in the Greater Helsinki region in Finland
Please note that this initial proposal may be changed according to community feedback. This is a temperature check. The proposer requests an eligible address to create an accompanying Snapshot poll for this proposal, as described in Section 2 of the Arbitrum DAO Constitution.
Grant of €850,940 to form the first Arbitrum Community House (ACH) in the Greater Helsinki region in Finland to drive Arbitrum adoption, awareness, and developer friendliness within the region. The grant will fund the operations of the ACH for a 30-month period. Simultaneously, the proposal aims to set precedent in forming ACHs and therefore distributing Arbitrum’s footprint from a mostly internet-based community to a distributed, local, and community-driven initiative.
Arbitrum mostly exists as an internet-native community. To reach more potential developers and other ecosystem participants at the grass root level, and in order to decentralise the community’s presence by setting a precedent, the initiative to set up an Arbitrum Community House is proposed.
The motivation for creating the first ACH is four-fold; reaching new audiences, increasing decentralisation, creating local supportive communities, and setting precedent.
Reaching new audiences. Arbitrum awareness is still taking its first baby steps. By setting up a local community, optimally located near a university, we can reach new groups of potential users.
Increasing decentralisation. By funding an ACH initiative, the Arbitrum DAO sets up a new decentralised base of operations, open to any Arbitrum user. With enough ACHs, Arbitrum can become a decentralised force.
Creating local supportive communities. By creating a network, community, and a library of knowledge around an ACH, which can focus on issues deemed important by the community at the particular ACH location, Arbitrum can foster stronger local communities.
Setting precedent. The ACH is a new concept and this proposal seeks to set precedent for the minimum viable transparency, details, level of execution, and operational frameworks expected from other ACHs. All of the work done for this ACH will be open-sourced and publicised, as far as permitted by governing law while respecting individual privacy.
Any decision made by the ACH will follow the spirit of the Arbitrum DAO constitution.
This AIP aligns with the Arbitrum community values:
This timeline is provided solely for illustrative purposes. It should serve as an ambitious benchmark for future ACH proposals.
The ACH aims to
This instance of the ACH, preliminary named ACH HEL after the nearest international airport to the prospective location, seeks to set precedent in setting up ACHs and also provide other ACHs with learnings from the journey of setting up an ACH by the means of recurring open reporting.
Any decision made by ACH HEL should always follow the spirit of the Arbitrum DAO Constitution.
The budget will be denominated in Euros and all funds received by the proposer will be converted into Euros. Funds are kept on-chain and withdrawn on a monthly basis or as needed. A retrospective spending report will be provided no later than 2 months after the end of the reporting month. All receipts, invoices, and related documents will be published to the extent permitted by law.
The budget breakdown for the 30-month period is as follows:
In total: €850,940.00
For the full breakdown please see the spreadsheet located here: https://docs.google.com/spreadsheets/d/1vOPBKo76ImgVhB_Wkc0-Dc7pxbqd6IfRfKdCreoApPE/edit?usp=sharing
The proposer seeks a total of 970,000 USDC. The USDC will be converted into 850,940 Euro stablecoins and the excess USDC, less 500 USDC (see section 1 under “Notes”), will be returned to the treasury. The USDC amount sought is approximately 5% higher than the Euro amount sought to account for possible foreign exchange rate changes between the date on which the proposal is first proposed and the date on which the currency was converted to Euro stablecoins.
The ACH may apply for further funding at a later date if the goals of the project have been met. Should the ACH be terminated or if it does not receive further funding, any excess funds, should they exceed 1000€, will be returned to the Arbitrum treasury no later than 12 months after the close of the fiscal year during which the ACH was ceased.
The ACH may monetise its space or presence in such a way that does not harm its mission as long as at least 75% of the proceeds, net of taxes, are distributed to the benefit of the ACH, its members, community, or Arbitrum in accordance with the mission of the ACH. Such monetisation methods could include the hosting of hackathons, sponsored workshops, or selling ad space in either the physical location or the ACH’s social media. Such advertising should never undermine the mission or presence of the ACH, Arbitrum, or affiliated parties. Advertising may never take precedence of the ACH or Arbitrum.
Funds may be invested in DeFi protocols in accordance to the risk parameters set by Ape Capital LLC. Any investment returns will be used for the benefit of the ACH.
This proposal does not make any suggestions for the technologies used by ACH HEL. The technologies used shall be determined at a later time, focusing on the sustainability of those technologies, their focus on privacy & data security, and usability in the long-term while preferring open-source software where possible.
This proposal should be executed as follows on the Arbitrum One mainnet:
The legal entity receiving the funds is Ape Capital LLC. Ape Capital LLC will provide a receipt of the transaction.
This proposal is made by Juuso Roinevirta on behalf of Ape Capital LLC, a limited liability company duly incorporated in the Republic of Finland with the business ID 3240316-2. All payments related to this proposal shall be made to 0x82C224dB3038F146Ae1A6288f6278f58BE0d87f4, an address controlled and held by Ape Capital LLC.
Ape Capital LLC will serve as the legal vehicle for the execution of the proposal while Juuso Roinevirta will be appointed as the general manager of ACH HEL.
Ape Capital LLC is a for-profit company which provides product management and related services to crypto-native businesses. Learn more at ape.llc
Juuso Roinevirta is currently the Head of Growth at Membrane Finance. Notably, he has previously worked at Tracer DAO (an Arbitrum native derivatives protocol) and Tesseract Investment (an institutional cryptocurrency credit company). He has a BSc in Business Economics from Erasmus Universiteit Rotterdam and a partially completed MPhil in Computer Sciences from the University of Helsinki. He has spearheaded the growth of the Finnish blockchain community by organising events such as “Crypto Get Together”.
Links:
Juuso works for Membrane Finance which issues EUROe, an EU-regulated Euro stablecoin.
The location must fulfil the following criteria:
The ACH may be located in Helsinki, Espoo, Kauniainen, or Vantaa (collectively “Greater Helsinki region”)
Preferably, the location also fulfils the following criteria:
The location is planned to be staffed from Wednesday to Sunday between 4pm and 10pm daily. Should a volunteer workforce enable it, the opening hours may be extended.
Proposal: Setting up the first Arbitrum Community House in the Greater Helsinki region in Finland
Please note that this initial proposal may be changed according to community feedback. This is a temperature check. The proposer requests an eligible address to create an accompanying Snapshot poll for this proposal, as described in Section 2 of the Arbitrum DAO Constitution.
Grant of €850,940 to form the first Arbitrum Community House (ACH) in the Greater Helsinki region in Finland to drive Arbitrum adoption, awareness, and developer friendliness within the region. The grant will fund the operations of the ACH for a 30-month period. Simultaneously, the proposal aims to set precedent in forming ACHs and therefore distributing Arbitrum’s footprint from a mostly internet-based community to a distributed, local, and community-driven initiative.
Arbitrum mostly exists as an internet-native community. To reach more potential developers and other ecosystem participants at the grass root level, and in order to decentralise the community’s presence by setting a precedent, the initiative to set up an Arbitrum Community House is proposed.
The motivation for creating the first ACH is four-fold; reaching new audiences, increasing decentralisation, creating local supportive communities, and setting precedent.
Reaching new audiences. Arbitrum awareness is still taking its first baby steps. By setting up a local community, optimally located near a university, we can reach new groups of potential users.
Increasing decentralisation. By funding an ACH initiative, the Arbitrum DAO sets up a new decentralised base of operations, open to any Arbitrum user. With enough ACHs, Arbitrum can become a decentralised force.
Creating local supportive communities. By creating a network, community, and a library of knowledge around an ACH, which can focus on issues deemed important by the community at the particular ACH location, Arbitrum can foster stronger local communities.
Setting precedent. The ACH is a new concept and this proposal seeks to set precedent for the minimum viable transparency, details, level of execution, and operational frameworks expected from other ACHs. All of the work done for this ACH will be open-sourced and publicised, as far as permitted by governing law while respecting individual privacy.
Any decision made by the ACH will follow the spirit of the Arbitrum DAO constitution.
This AIP aligns with the Arbitrum community values:
This timeline is provided solely for illustrative purposes. It should serve as an ambitious benchmark for future ACH proposals.
The ACH aims to
This instance of the ACH, preliminary named ACH HEL after the nearest international airport to the prospective location, seeks to set precedent in setting up ACHs and also provide other ACHs with learnings from the journey of setting up an ACH by the means of recurring open reporting.
Any decision made by ACH HEL should always follow the spirit of the Arbitrum DAO Constitution.
The budget will be denominated in Euros and all funds received by the proposer will be converted into Euros. Funds are kept on-chain and withdrawn on a monthly basis or as needed. A retrospective spending report will be provided no later than 2 months after the end of the reporting month. All receipts, invoices, and related documents will be published to the extent permitted by law.
The budget breakdown for the 30-month period is as follows:
In total: €850,940.00
For the full breakdown please see the spreadsheet located here: https://docs.google.com/spreadsheets/d/1vOPBKo76ImgVhB_Wkc0-Dc7pxbqd6IfRfKdCreoApPE/edit?usp=sharing
The proposer seeks a total of 970,000 USDC. The USDC will be converted into 850,940 Euro stablecoins and the excess USDC, less 500 USDC (see section 1 under “Notes”), will be returned to the treasury. The USDC amount sought is approximately 5% higher than the Euro amount sought to account for possible foreign exchange rate changes between the date on which the proposal is first proposed and the date on which the currency was converted to Euro stablecoins.
The ACH may apply for further funding at a later date if the goals of the project have been met. Should the ACH be terminated or if it does not receive further funding, any excess funds, should they exceed 1000€, will be returned to the Arbitrum treasury no later than 12 months after the close of the fiscal year during which the ACH was ceased.
The ACH may monetise its space or presence in such a way that does not harm its mission as long as at least 75% of the proceeds, net of taxes, are distributed to the benefit of the ACH, its members, community, or Arbitrum in accordance with the mission of the ACH. Such monetisation methods could include the hosting of hackathons, sponsored workshops, or selling ad space in either the physical location or the ACH’s social media. Such advertising should never undermine the mission or presence of the ACH, Arbitrum, or affiliated parties. Advertising may never take precedence of the ACH or Arbitrum.
Funds may be invested in DeFi protocols in accordance to the risk parameters set by Ape Capital LLC. Any investment returns will be used for the benefit of the ACH.
This proposal does not make any suggestions for the technologies used by ACH HEL. The technologies used shall be determined at a later time, focusing on the sustainability of those technologies, their focus on privacy & data security, and usability in the long-term while preferring open-source software where possible.
This proposal should be executed as follows on the Arbitrum One mainnet:
The legal entity receiving the funds is Ape Capital LLC. Ape Capital LLC will provide a receipt of the transaction.
This proposal is made by Juuso Roinevirta on behalf of Ape Capital LLC, a limited liability company duly incorporated in the Republic of Finland with the business ID 3240316-2. All payments related to this proposal shall be made to 0x82C224dB3038F146Ae1A6288f6278f58BE0d87f4, an address controlled and held by Ape Capital LLC.
Ape Capital LLC will serve as the legal vehicle for the execution of the proposal while Juuso Roinevirta will be appointed as the general manager of ACH HEL.
Ape Capital LLC is a for-profit company which provides product management and related services to crypto-native businesses. Learn more at ape.llc
Juuso Roinevirta is currently the Head of Growth at Membrane Finance. Notably, he has previously worked at Tracer DAO (an Arbitrum native derivatives protocol) and Tesseract Investment (an institutional cryptocurrency credit company). He has a BSc in Business Economics from Erasmus Universiteit Rotterdam and a partially completed MPhil in Computer Sciences from the University of Helsinki. He has spearheaded the growth of the Finnish blockchain community by organising events such as “Crypto Get Together”.
Links:
Juuso works for Membrane Finance which issues EUROe, an EU-regulated Euro stablecoin.
The location must fulfil the following criteria:
The ACH may be located in Helsinki, Espoo, Kauniainen, or Vantaa (collectively “Greater Helsinki region”)
Preferably, the location also fulfils the following criteria:
The location is planned to be staffed from Wednesday to Sunday between 4pm and 10pm daily. Should a volunteer workforce enable it, the opening hours may be extended.
That’s not feasible for me at least. A better capitalised actor could do that, but then their risk would also need to be compensated accordingly.
One example of these in crypto are Polygon Guilds, see https://polygon.technology/guilds
For this reason a set of deliverables/goals should also be set together with the community prior to the funding.
As per the Arbitrum DAO Constitution Section 2, Phase 1 this proposal has been subjected to a temperature check for one week. The consensus regarding the proposal seems to be mostly negative and it therefore should not be pushed to the Phase 2.
In private, I received a lot of encouraging feedback implying that indicates that the local community would feel this to be a "nice thing". For anyone contemplating a similar endeavour in the future, please do not hesitate to contact me to discuss or tap into my local connections.
As per the Arbitrum DAO Constitution Section 2, Phase 1 this proposal has been subjected to a temperature check for one week. The consensus regarding the proposal seems to be mostly negative and it therefore should not be pushed to the Phase 2.
In private, I received a lot of encouraging feedback implying that indicates that the local community would feel this to be a "nice thing". For anyone contemplating a similar endeavour in the future, please do not hesitate to contact me to discuss or tap into my local connections.
For anyone else who wishes to propose a similar "ACH", I suggest securing funding first and then approaching the DAO community for milestones-based funding. Such an approach, however, should be priced at a higher price (not the not-for-profit pricing employed in this proposal) to adequately compensate for the risk the proposer is willing to take.
Ah man that really sucks! Well I guess it's a no go then. :(
That is retrospective funding OP has been doing
These types of prposal (requesting grants) is too early. The DAO hasnt been formed yet. Try again later.
Let’s reverse the order. Set the goals and get funded as you meet them.
Disagree ! Why Finland ? The community should focus on line and the whole world balance !
Great question. I'm happy to provide further details on any of the figures.
The figures are based on best estimate to furnish a space with the potential for coworking with a BYOD approach, not a fully equipped computer-lab type of setup.
As for the preliminary break down of costs, here are some for the questions you posed:
Great question. I'm happy to provide further details on any of the figures.
The figures are based on best estimate to furnish a space with the potential for coworking with a BYOD approach, not a fully equipped computer-lab type of setup.
As for the preliminary break down of costs, here are some for the questions you posed:
I've also included these figures on a new tab "Details" for posterity.
If the consensus is that the costs are underestimated, we can amend the proposal accordingly. I'm happy to hear more feedback about the cost structure. In its current form the proposal would not create a lavish ACH, but a cost-sensitive and a long-term sustainable space. If the discussion indicates that a more lavish establishment would be the way to go, then we can reiterate both the goals and the budget accordingly.
What are these figures in your spread sheet based on. €12K for tech? €7800 for a GM position ? Where’s the breakdown for the payroll tax? I think you’re under estimating the costs by a lot.
Basically yes. I think a better use of funds would be to offer dev bounties instead. Which can offered globally.
In favor. I think giving you and your friends half a million euros in salaries to hang out in a house together is a good idea.
Finland because that's where I'm based. ACHs would hopefully follow in other regions as well.
That’s not feasible for me at least. A better capitalised actor could do that, but then their risk would also need to be compensated accordingly.
One example of these in crypto are Polygon Guilds, see https://polygon.technology/guilds
For this reason a set of deliverables/goals should also be set together with the community prior to the funding.
As per the Arbitrum DAO Constitution Section 2, Phase 1 this proposal has been subjected to a temperature check for one week. The consensus regarding the proposal seems to be mostly negative and it therefore should not be pushed to the Phase 2.
In private, I received a lot of encouraging feedback implying that indicates that the local community would feel this to be a "nice thing". For anyone contemplating a similar endeavour in the future, please do not hesitate to contact me to discuss or tap into my local connections.
As per the Arbitrum DAO Constitution Section 2, Phase 1 this proposal has been subjected to a temperature check for one week. The consensus regarding the proposal seems to be mostly negative and it therefore should not be pushed to the Phase 2.
In private, I received a lot of encouraging feedback implying that indicates that the local community would feel this to be a "nice thing". For anyone contemplating a similar endeavour in the future, please do not hesitate to contact me to discuss or tap into my local connections.
For anyone else who wishes to propose a similar "ACH", I suggest securing funding first and then approaching the DAO community for milestones-based funding. Such an approach, however, should be priced at a higher price (not the not-for-profit pricing employed in this proposal) to adequately compensate for the risk the proposer is willing to take.
Ah man that really sucks! Well I guess it's a no go then. :(
That is retrospective funding OP has been doing
These types of prposal (requesting grants) is too early. The DAO hasnt been formed yet. Try again later.
Let’s reverse the order. Set the goals and get funded as you meet them.
Disagree ! Why Finland ? The community should focus on line and the whole world balance !
Great question. I'm happy to provide further details on any of the figures.
The figures are based on best estimate to furnish a space with the potential for coworking with a BYOD approach, not a fully equipped computer-lab type of setup.
As for the preliminary break down of costs, here are some for the questions you posed:
Great question. I'm happy to provide further details on any of the figures.
The figures are based on best estimate to furnish a space with the potential for coworking with a BYOD approach, not a fully equipped computer-lab type of setup.
As for the preliminary break down of costs, here are some for the questions you posed:
I've also included these figures on a new tab "Details" for posterity.
If the consensus is that the costs are underestimated, we can amend the proposal accordingly. I'm happy to hear more feedback about the cost structure. In its current form the proposal would not create a lavish ACH, but a cost-sensitive and a long-term sustainable space. If the discussion indicates that a more lavish establishment would be the way to go, then we can reiterate both the goals and the budget accordingly.
What are these figures in your spread sheet based on. €12K for tech? €7800 for a GM position ? Where’s the breakdown for the payroll tax? I think you’re under estimating the costs by a lot.
Basically yes. I think a better use of funds would be to offer dev bounties instead. Which can offered globally.
In favor. I think giving you and your friends half a million euros in salaries to hang out in a house together is a good idea.
Finland because that's where I'm based. ACHs would hopefully follow in other regions as well.
I've never heard of a community house before in crypto - can you give us examples of community houses from other protocols? Is this like a "Silicon Valley" tv-show style dude den incubator?
I've never heard of a community house before in crypto - can you give us examples of community houses from other protocols? Is this like a "Silicon Valley" tv-show style dude den incubator?
