by 0x89ffc3381d33bf2be9df3a295ac1fca8d51834b5 (Thegreatnik)
Should the following $60,000 grant in the Accelerator category be approved?
The Metaverse Creators Fund (MCF) has been created by long-time active DCL contributors. The primary goal is to help DCL to grow and be competitive with other virtual worlds.
Poor oversight of projects
Oversized grant allocations
Inadequate project evaluations
Solutions offered by MCF:
To evaluate, fund, and guide creators in building fun & immersive gamified experiences
Average experience funded: $20K
Engage a jury that includes seasoned DCL experts
Set strict application guidelines.
Prioritize projects that have the best opportunity to be sponsored by brands
Guiding builders along their creative journey
60,000 USD in DAI
METAVERSE CREATORS FUND (MCF): UNLEASH YOUR METAVERSE DREAMS WITH VISIONARIES BY YOUR SIDE
Brands today, more and more are looking to explore the metaverse via a variety of virtual worlds.
Brands with huge budgets are often opting to go on to centralized virtual worlds such as Roblox and Fortnite mostly due to higher traffic.
There are though brands with smaller budgets who are more inclined to deploy experiences on decentralised virtual worlds such as DCL
Often though the cost to develop experiences on DCL is a limiting factor for brands to deploy on DCL
This then is a reason that Nodo Ivanidze, founder of Metaviu decided along with others, to create the Metaverse Creators Fund.
Projects implemented by MetaViu:
Coca-Cola Christmas Campaign in DCL
Meama in Decentraland
European coffee capsule-producing company in DCL
Canada’s Largest Web3 Event hosted in Decentraland
Virtual extension of the physical event in DCL.
MCF operates independently, yet it draws strength and resources from Nodo Ivanidze & MetaViu’s industry wisdom.
The fact is, there is a lot of negativity in the overall marketing community towards DCL, so the more attractive that experience can be as well as the overall cost, are key determining factors for brands to decide to deploy on DCL
MCF is taking a unique approach in that the experiences that it is looking to fund, will be white-labeled in such a way that they can be customized for a variety of brands.
There are specific types of immersive gamified experiences that have proven to be successful, and so MCF’s plan is to provide guidance for these types of experiences in the application process. And then also, for the winning builders, to guide them in their builds to make sure their builds have a high probability of being successful for both users and for brands.
MCF will also coordinate to offer free land for the builders that MCF funds.
The process for creators to get funded will require them to fill out a detailed application.
Applications meeting the requirements will then be reviewed by a jury comprised of DCL experts (Maryana, JamesA, Lastraum, and MetaDoge) in tandem with metaverse marketing experts outside of DCL
The jury will then select what it feels are the best of the applications to get funded.
The average abound funded will be around $20,000
The visionaries on the jury will then be hands-on in helping to guide the builds through each tranche
Once an experience has been completed it will then be promoted to the marketing community at large, so that any agency, etc. will have the opportunity to deploy it for their brands.
All activations for every experience funded will end up providing funds back to the DAO.
Launching the Metaverse Creators Fund website: This milestone is crucial as it sets the foundation for the project and allows potential creators to learn about the opportunity. (45 days) 15/10 - 30/11
Marketing Activities: To attract talented creators, we will initiate comprehensive marketing efforts across various platforms and channels. By effectively promoting the fund, we aim to reach a wide audience of potential applicants and encourage them to participate. 1/11 - 30/11
Opening Application Call: After the marketing efforts, we will open the application process for creators to submit their innovative ideas. 1/12 - 15/12
Jury Evaluation: Once the application period is closed, we will assemble a diverse and knowledgeable jury to evaluate the submitted ideas. The jury will have 2 weeks to carefully review and score each proposal based on pre-defined criteria. 16/12- 30/12
Financing the First Batch: Upon completion of the jury evaluation, we aim to support 2 ideas in this initial phase. 1/01 - 7/01
Building the Funded Experience: Each selected creator will be given a timeframe of 60 days to develop and build their funded experience in the DCL. We will provide guidance and support throughout this process to ensure the successful realization of their projects. 7/01 - 7/03
We will actively host community calls to engage with stakeholders and discuss our progress openly. Additionally, regular reporting will be a fundamental aspect of our project.