Proposal: Uplink Working Group Budget [Final]

Thank you for the reply, Seb.
A focus on the crypto-wide community to start with is justifiable; like you said, they are easier to attract. But reaching out to complete blockchain-virgins should be the strategy. Focusing on what’s already happening within, is a waste of resources IMO.
What I see in the Jupiter community work group set-up, is too much focus on providing for the community already active on Jupiter. I think it’s only a small percentage of $jup stakers that are interested enough to watch the many interviews etc. While the content is great for those of us already interested, the time sensitive nature of much of it, renders it irrelevant to new comers soon after airing, in my opinion.
Tutorials on YT are a must; shorts showing useful tips are great too, but I reckon short, documentary style videos telling the many success stories traded-on-Jupiter, are what would hold new people’s attention, and potentially turn them into customers.
Like I said in my original post…positive stories of gaining wealth, attracts attention…show that attention how easy it to use the tools required…BINGO!
Can I ask what you have planned for the changes? I think some regular videos in the manner you produce yours would be useful.

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Hey man appreciate the response, i do not take your message as argumentative or aggressive any way. Its just two blokes having a convo and discussion.

Personally, my mindset of JUP wasting Dao money stems from the CWG budgets passing so easily without actual consideration, Hence, Im in the mindset of minimising the expenditure. I do feel that the JUP team are wasting their funds on heavy marketing for a small audience, given the predominant audience of JUP videos is those already in the dao. Considering the JUP youtube has 6k subscribers i personally cant see the justification in the budget.

However, i do want to mention that out of all the budgets proposed by JUP dao, this one is by far the most well deserved. Whilst the spending is too high in my opinion, comparing it to the other votes it is a lot more consistent. Overall, i still feel pretty firm about my response mentioned beforehand.

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A couple of points.
Where is the 1 million USD compensation per person?

Also, as leads open up, dubbing to other languages is the plan. I definitely disagree that there is enough English content. I do this full time, 7 days a week, and there is still so much I need to cover for tutorials. The space moves fast.

Build it, and they will come. Those markets that present themselves then get catered for. Because content is time intensive, we can’t go out into multiple directions at the same time.

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I think I asked, but if I didn’t, have you made content?

I have personal goals, and I don’t want to put them there, rather keep them in my head, and being worked on.
One thing is, I feel the channel will become bigger than coingecko’s channel, and will have more views that onboard JUP people.

So, what I think is the 6K subs now, that are not normies, that’s the proof of concept. I think by the end of the year you will see the growth.

I also think this is the best chance of expanding the reach of JUP to new people.

I also think that prepping early in a bull market with content, guides, an army of supporters and knowledgeable people is genius. That’s based on my experience through the years.

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Hey rapid.

So, as it’s a work group there are a variety of plans here. My strength, you know, tutorials.

That’s essentially all I will focus on. That and analytics. I like those ideas you mentioned too.

At the end of the day, what gets more views, gets more jup users. I have a few tutorials recorded already, but the template is being improved.

They will filter out from Monday. My goal is for my personal channel I continue what I am doing, more or less, and then JUP to have heaps of beginner content, and intermediate to grow, and then advanced. So when people ask anywhere, it’s just one source to go to. jup’s channel. Personal channel is unlikely to double up, and I will filter those people to jup channel.

There is already success in tutorial content out there, and all it takes is for a few shares in communities, and it’s magical in terms of growth.

So imagine you want to onboard a fren. You send them to a playlist, and they just watch a video, then another, and another. There will be no having to find them 10 creators, or dealing with shilling/ NFTs, etc. JUP is swaps, trades, defi, on ramp, off ramp, etc.

That’s the major thing in my mind, but if I can make it faster, I have other things in my mind too.

The other thing is evergreeen tutorials, so they are good forever. NO other defi dapp has this. Like, even the most wealthy CEX, Binance, has rubbish tutorials.

Couple waht I have said with tagging, keywords, good titles, accurate links, and comments being replied to… as well as discord when other catdets can help them, and that’s my vision and why I think growth will be insane.

The other clips, and shorts, will funnel people in… where they learn to trade and use the tools themselves with the good UI, or they watch my tutorials on the JUP channel

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I support this proposal 100%

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thank you for your reply.
on the compesation, sorry I mixed up with other conversation, I were claiming we had plan to allocate 1million usd + 6.5million JUP to CWG+UPLINK (10 people), at 1.5usd per JUP that is approx 10million, so 1million on average per person (ofc UPLINK personnel only make half of that)…

dubbing is definitely an option, but if you have a personnel that understand a specific region culture, i argue that they can deliver the content better. eg: a chinese influencer (living in china) most likely can deliver better content than you to people in china.

the space indeed move fast, but this is JUP we talking about. If you solely focus on JUP you will definitely can manage the content. Obviously u had other commitment, thus its really hard for you to cover everything… U will work for JUP part time, thus it will cost more for you to manage the content (hiring editor etc).

and its not just u, most CWG and UPLINK members are doing this part time thats y i felt the compesation is high…

Thats js my 2cents… gdluck though

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You have my support. If we want top talent to continue delivering, they need a well-deserved payment. LFG! :fire::fire::fire::fire:

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This is all good stuff. Two notes: maybe it would be appropriate for future LFG projects to allocate an outsized portion of their community rewards specifically for the Uplink group? And second - what about IRL events? I do a lot of virtual events and a lot of IRL, and I would say that the IRL events have less reach but more impact. Is there a plan for IRL events in the Uplink group roadmap?

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Love this work group and think content is extremely important in the space we are in. Hard working group of guys here and the track records to show it. You got my vote!

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Common mistake I see in enterprises is to make metrics hard and goals vague

Amount of views and likes and impressions generated must translate to goals

for example goals would be increase in

new discord members per month
new Jup token wallet holders
additional voters

and effectiveness should be measured in that way, not vague goals such as awarness

BTW

jup.ag growth and awarness of jup products, hardly translates to DAO growth, Jup token appreciation, it sounds like common sense, if Jup.ag grows to 10x users so will DAO and Jup token…but that’s related as much to fact that if crypto adoption grows or global economy grows, and what we see in numbers, very small digit % of people that use jup.ag ever actually become new Jup token holders, unless its dropped to jup.ag users for free. Again, that only distributes wealth to every DAO users, but value will depreciate every upcoming year.

So it is not possible for everyone to win in PPP, it is more everyone will lose something with those who got something earlier will lose the most value at end, and the person who got into Jup last will lose the least, as they will get Jup dropped for free, and it goes again and again. Person who is last to get Jup is the one who lost the least amount of value.

At the end, winner is only jup.ag. As person who will get Jup airdropped next Juperary will be winner and continue to hype Jup. But everyone until then will become losers, as value will dilute. Its all about which voices will prevail. Those of new winners, or those of old winners, that will lose on value of holdings with every new dilution of token.

Focus of Uplink group should be directed on DAO growth and JUP token adoption growth, versus Jup.ag growth.

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Love the JUP team for all their hard work but it’s a no vote vote from me. Hope this doesn’t sound like fud but A) I think content & comms can be done a much more efficient budget, & B) at this stage I’d prefer to see a focus on increasing utility/value for the JUP token itself - eg. staking rewards from platform revenue (not from JUP emissions), token buybacks/burns, & for the future success of the eco-system I’d like to see some work on improving LFG project tokenomics. Low float high fdv tokens are kryptonite to this market, & we are in crypto at the end of the day. If cats don’t see profits attention will go elsewhere. Or pivot JUP & LFG to a straight up launchpad where cats get in at early stage valuations. Infinite marketing won’t fix this tokenomics issue.

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I support this 100 percent

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I love the work this team does. J4J
Keep building for the community.

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I’m not opposed to the idea, and the salary cost per month seems low to me to be frank, so I get the JUP allocation as well, however, I would like to see more details about specifically who gets how much JUP allocated to them.

  • Is it evenly distributed among 6?
  • What happens if someone leaves the group? Do they get their full allocation? Partial allocation?
  • What happens if the group shuts down the project after 1 or 2 years?
  • When exactly are the JUP allocation tokens earned/allocated to each member?
  • I get they vest over 4 years, but again, what if the project is shut down in 1 year? Do they still get their full allocation?
  • What about success goals? If I know I’m getting 350K JUP allocated to me and I’m guaranteed that JUP at the start of the working group, where’s my incentive to deliver?

Also, what about next year? What will the budget request look like next year? Do you plan to ask for another JUP allocation? Just salary? If just salary next year, do you plan to ask for more?

Also, if the goal is to grow the community, there has to be some metrics to measure the benefit of the 500K investment we are making in year 1. No company would spend 500K without a way to measure if they were achieving their goals.

Please don’t take this a negative. I actually support the idea, but there are omissions in the proposal that I feel should be clarified so everyone has a full understanding. Trust is a fragile thing when you are dealing with other people’s money and a lack of trust will destroy a community quicker than you can image.

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Hi Rapid, I´m the Lead Editor for the youtube channel. I agree with you on almost everything but one point. I agree that the current focus would be more on the Jup community but I disagree that blog posts would be more beneficial and I will give myself as an example. I am a Normie that just came into crypto and I was brought here by just 1 Youtube video from Brian Jung, of course it´s not a great example because almost all his videos are “do this and get rich” but his video still got to my feed without me ever searching for it. That is what I want to achieve with the Youtube channel, perhaps our views will be 95% our/crypto community but as we get bigger and bigger those 5%, even if it´s a small number of viewers right now, will turn into a lot of new eyes on Jupiter, eyes belonging to Normies like myself.

Also no one knows me so I will leave here a link for a video where I introduce myself and go over what I do in terms of the Jupiter Livestream Clips.

https://youtu.be/o8M5lYJceUo.

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LFG…that’s gonna be a yes from me dawg.

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Keep up the excellent work.
The pay is high, but you deserve it.
Kash is the showcase of the JUP’s communication.
I really believe that is a reward that will pay off .
It’s the first catvote I’m so sure of my vote.
And one prediction :
this vote will break every record of positives votes.

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Agreed, very expensive marketing back to the drawing board. I guess thats why we vote

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The distribution of the $JUP allocation is not set in stone. The Uplink WG will be deciding how to allocate it when the time comes. The majority will be for the Uplink WG members but some will be used to attract additional contributors.

As for the rest of your questions, here is where the cliff and the vesting come into play. None of the $JUP will be available for the first 12 months. Zero. Anyone who leaves the WG before that time will get zero $JUP. If the WG disbands before 12 months, they all get zero $JUP. At the end of 12 months, 25% of the $JUP (537,500 $JUP) will be unlocked. The other 75% will unlock linearly over the following 36 months. If someone leaves the group midway (after some but not all of the $JUP has unlocked) they will also get some but not all.

No one is “guaranteed” anything. They need to continue to show up and do the work for the next 4 years in order to get their full allocation. The $JUP is the incentive to deliver.

Next year they will only be asking for $USDC only for the Operating Budget; no more $JUP. As for the salary ask a year from now, no one can answer that question. Let’s get through year one first.

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