CeloColombia DAO - Funding and Operations Proposal

Key Points of the Proposal

  • Stage: [DRAFT]
  • Authors: @CeloColombiano & Team
  • Funding Request: 50,000 cUSD for DAO Operations, Community Building, and Future $cCOP Launch

Summary

CeloColombia DAO is already established and actively operational. Our proposal aims to expand and educate the Colombian community about the Celo blockchain ecosystem, with a particular emphasis on preparing for the adoption of Celo Peso ($cCOP)—the forthcoming Colombian Peso stablecoin on the Celo platform.

Since October 2022, we have been deeply engaged with local communities to promote and integrate Celo technologies across Colombia. Our presence on X (formerly Twitter) has grown to over 350 followers, and our Celo Colombia community and Telegram group now include 50 active members. Additionally, we established the Celo Colombia user on the Celo Forum over a year ago to facilitate dialogue and collaboration. Through allied initiatives like ReFi Colombia and its nodes including ReFi Medellín, we have reached more than 1,700 members, and over 300 individuals are involved in our ReFi projects.

We have organized a diverse array of activities to onboard individuals to the Celo ecosystem and the Valora wallet. These initiatives include in-person events such as mountain hikes, meetups, workshops, and interactive sessions aimed at merchants, entrepreneurs, local talent, and the broader community. Furthermore, we have introduced new talent to the Celo ecosystem through a collaboration with ReFi Colombia with English Seasons that incorporate onboarding to on-chain interactions and practical activities utilizing Celo tools.

To formalize and enhance our operations, we are seeking funding to address pending legal and operational tasks. Our focus is on fostering innovation, promoting financial inclusion, supporting sustainable development, and strategically preparing for the launch of the $cCOP stablecoin.

Disclaimer About CeLatam Independence

We have taken steps to ensure that CeloColombia DAO complements, rather than duplicates, the efforts of CeLatam DAO. By studying CeLatam’s Season 0 report and understanding their focus and roadmap, we aim to enhance CeLatam’s broader objectives by addressing the specific local challenges and opportunities in Colombia. While CeLatam focuses on a broader regional approach, CeloColombia DAO will particularly address the needs of Colombia’s blockchain ecosystem.

As part of this effort, we will continue communication with CeLatam’s leadership, including Cristobal Pereira, to ensure that efforts are aligned and no duplication occurs.

Motivation

Colombia’s strong interest in cryptocurrency is held back by challenges in blockchain adoption, limiting financial inclusion. CeloColombia DAO aims to change this by boosting blockchain awareness, fostering collaboration, and encouraging business development. By partnering with government, educational institutions, and the private sector, we’ll build a supportive ecosystem. Our educational programs will empower communities and prepare a workforce ready to embrace blockchain, advancing financial inclusion across Colombia.

Goals

  • Utilize blockchain technology and stablecoins like $cCOP to provide accessible financial solutions to the unbanked population.
  • Expand the use of Celo and decentralized technologies through education and $cCOP adoption, facilitating a transition to an inclusive digital economy.
  • Encourage the development of Celo-based projects by local developers and entrepreneurs in key areas like remittances and mobile payments.
  • Introduce $cCOP to shield users from currency volatility, offering a stable medium for daily transactions.

What we aim to solve

  • Provide digital financial alternatives accessible via mobile devices to those without traditional banking.
  • Lower fees and increase efficiency in remittances and transactions using Celo and $cCOP.
  • Offer $cCOP as a stable option to hedge against fluctuations of the Colombian peso.
  • Rebuild trust by offering decentralized and transparent financial solutions that return control to users.
  • Educate the population through workshops, hackathons, and campaigns on the benefits of blockchain technology.

Challenges

Despite Colombia’s significant interest in cryptocurrency and a remittance market exceeding $10 billion in 2023, several obstacles hinder the adoption of the Celo ecosystem.

Regulatory uncertainty creates hesitation among users and investors. Ambiguous legal frameworks and a lack of clear guidelines stifle innovation and participation in blockchain initiatives. This lack of clarity discourages potential stakeholders from engaging with new technologies due to fears of legal repercussions or unfavorable regulatory changes.

Security concerns and an erosion of public trust present significant challenges. Many potential users worry about the safety of digital assets and the risk of loss due to price fluctuations. These concerns are compounded by regulatory ambiguities and a history of Ponzi schemes that have defrauded thousands of Colombians over time, significantly fracturing public confidence in new financial technologies.

Additionally, the absence of tailored applications addressing local needs—such as financial inclusion for the unbanked, high transaction costs, and economic instability—limits the practical utility of blockchain technology in Colombia. Without solutions designed to tackle these specific challenges, widespread adoption remains unlikely.

CeloColombia DAO proposal aims to address these issues by adopting a structured, community-driven approach to blockchain. The DAO will emphasize education, forge partnerships, and develop Celo-based solutions tailored to the Colombian market. It will also prepare for the launch of $cCOP, ensuring its smooth integration into the local economy and utilizing remittance flows to enhance financial inclusion and drive innovation, in order to educate people about digital assets and promote its use in local businesses.


Specification

CeloColombia DAO will focus on building community through a variety of initiatives, including active social media engagement, organizing local meetups, and participating in significant industry events such as Colombian Fintech Forum, and Tech Week Medellín.

The DAO will also actively seek other relevant events and opportunities within Colombia’s blockchain and fintech sectors as they arise. Moreover, it will work to establish partnerships with local businesses and stakeholders to promote the adoption and integration of Celo’s ecosystem in Colombia.

General Crypto adoption in Colombia

Colombia is the 15th country globally in cryptocurrency adoption and ranks among the top five in Latin America, alongside Brazil and Argentina. Monthly cryptocurrency transactions in the country reach about $70 billion, with over 600 buying and selling sites. In 2022, Colombia received $9.43 billion in remittances, ranking fourth in the region after Mexico, Guatemala, and the Dominican Republic.

The Colombian Central Bank (Banco de la República) stated in Concept SCD-14893 (March 30, 2023) that cryptocurrencies are not legal tender, currency, securities, or financial assets equivalent to cash. Their use is permitted, enabling parties to mutually agree to conduct transactions with them. Various authorities have provided guidance on their classification:

  • DIAN: Cryptocurrencies are considered intangible assets that can generate income (Concept 915014, October 14, 2022).
  • Superintendency of Companies: It is lawful for companies to engage in crypto-related activities (Concept 220-139607, July 17, 2023).
  • Technical Council of Public Accounting: Cryptocurrencies are assets, classifiable as inventory (IAS 2) or intangibles (IAS 38), depending on their use (Technical Orientation No. 20, June 5, 2023).

Furthermore, reflecting the growing institutional interest in digital assets, major Colombian banks are exploring the development of centralized stablecoins pegged to the Colombian peso. Notably, the largest bank in Colombia, Bancolombia, recently announced its digital wallet Wenia and the wCOP, a centralized stablecoin pegged to the peso. The bank aims to reach 70,000 users in the initial months following its launch, preparing for the upcoming years of technology adoption in the country. This initiative signifies a significant step towards integrating blockchain technology into the mainstream financial system. The involvement of leading financial institutions like Bancolombia may influence regulatory perspectives and enhance public trust, potentially accelerating the adoption of digital currencies across the nation.

Celo Current Status

Celo is actively growing in Colombia, driven by its public goods funding initiatives and focus on supporting local projects. The Celo ecosystem has allocated funds through various regional grant programs to encourage development and adoption. In early 2024, Celo initiated proposals that include funding for local projects and collaboration with global initiatives. There is ongoing support for incubating projects and enabling community-led development, showing strong engagement and growth in the Colombian market.


Execution Plan

CeloColombia DAO has developed a strategic execution plan to advance the adoption of the Celo ecosystem in Colombia, with a special focus on preparing for the integration of the $cCOP stablecoin. Recognizing the significant opportunities and existing challenges within the Colombian market, our plan is designed to address key areas that will drive growth, education, and adoption.

Metrics and KPIs

To measure the success of our initiatives, we have established clear metrics and KPIs:

Metric KPI Description
Community Growth
Telegram +150 Increase the Telegram community by at least 150 members to expand our reach and engagement.
X (Twitter) +500 Grow the Twitter account by 500 followers to enhance visibility.
Community Engagement
Meetups +5 Organize 5 meetups in major Colombian cities, with ~50 participants each.
Total Members Across Platforms +650 Achieve a combined increase of 650 members on Telegram and Twitter.
Education and Awareness
Educational Campaign Reach 2000 Reach at least 2,000 individuals through campaigns in the local language.
Engagement Rate 5% Attain a 5% engagement rate on educational content.
Workshops/Webinars +6 Conduct 6 workshops or webinars, with 50 participants each.
Local Hackathon 100 Organize a hackathon with 100 attendees to foster innovation.
Event Presence
Participation in Major Events 1 event Secure presence at key events like the Fintech Forum or Tech Week Medellín.
$cCOP Integration Preparation
Strategic Plan Development 1 Develop a comprehensive plan for integrating $cCOP into the economy.
Liquidity Strategy 1 Formulate a strategy for early adoption of $cCOP.
Partnerships with Local Businesses 1 Establish one partnership for $cCOP use cases.

By setting these specific metrics and KPIs, we can effectively monitor our progress and ensure that our efforts are aligned with our overarching goals of expanding the Celo ecosystem, fostering community engagement, and preparing for the successful integration of $cCOP in Colombia. These targets are ambitious yet achievable, providing clear benchmarks for success over the next six months

Timeline and Milestones

To effectively implement our initiatives and achieve our objectives, we have outlined a detailed timeline with specific milestones over a six-month period. This structured approach ensures that each phase of the project is executed systematically, allowing for continuous progress evaluation and timely adjustments.

Item Description Time
Establishment Plan Legal framework setup, multisig wallet, website launch. Month 1
Social Media and Community Setup Start outreach via Telegram, Twitter, and Discord. Month 1
Educational Workshops Initial workshops and partnerships development. Months 2-3
Meetups and Webinars Further events and hackathons organized. Months 4-5
$cCOP Strategic Plan Finalize liquidity strategy and marketing plan. Month 6

By adhering to this timeline, CeloColombia DAO will systematically build a solid foundation, foster a vibrant community, and prepare for the successful integration of $cCOP into the local economy.


Budget Breakdown

The CeloColombia DAO project has a budget allocated to various initiatives aimed at promoting Celo-based solutions and driving $cCOP adoption. Social media and community engagement include setting up a website, social media channels, and maintaining active community interactions, along with hiring a part-time community manager. Event and outreach efforts focus on organizing local meetups, educational workshops, and a hackathon to engage participants and support developers working on Celo projects. Partnership development involves establishing relationships with local businesses and institutions, while preparation for $cCOP integration includes developing a strategic plan. Lastly, the budget covers DAO management and establishment costs, amounting to a total of cUSD 50,000.

Category Description Budget
Social Media Setup Website, branding, and social media creation $3,000
Telegram Engagement Maintenance and community interaction tools $2,000
Community Manager $1,000/month for 6 months $6,000
Meetups Venues and materials for 5 meetups $7,000
Workshops/Webinars Costs for 6 events, including promotional items $7,000
Hackathon Venue, grants, and materials $7,000
Partnership Development Support for business integration and pilots $4,000
DAO Setup and Management Legal, admin fees, and part-time manager $12,000
Total $50,000

Transparency in Fund Management

All funds managed through the multisig will be accompanied by a transparency system. This system will provide a clear breakdown of how funds are used and spent, ensuring responsible and transparent management of resources. Any funds left by six (6) months of operations will be returned to the Celo Community Treasury.

The system file will include information on all monthly recurring operating expenses, as well as costs associated with activities and incentives. This way, a complete overview of fund distribution and usage will be available in real time.

Additionally, periodic reports will be generated to reflect both recurring and partial results of each initiative and proposed space per month. These reports will allow for the evaluation of the impact and effectiveness of the actions taken, facilitating continuous feedback to improve future initiatives.

This strategy not only promotes transparency but also fosters trust among stakeholders, ensuring that all participants are aware of how resources are managed and what results are achieved.


Team

A dedicated team is set to effectively consolidate CeloColombia DAO and implement the $cCOP project. The team’s commitment will focus on fostering education and organization to ensure a seamless adoption of blockchain tools and opportunities. By actively engaging with the community, hosting educational initiatives, and providing resources, the team aims to enhance understanding and encourage participation in the ecosystem. These efforts will pave the way for $cCOP to positively impact the Colombian economy and improve the lives of its citizens.

  • Ximena Monclou - Leadership

    • A Colombian lawyer and accountant, Ximena holds specializations and a master’s degree in corporate law and taxes. Passionate about creative and technological ventures such as blockchain (NFT art enthusiast), VR, AR, AI, and IoT, she is also deeply involved in DeFi and ReFi. An entrepreneurial spirit, Ximena is a partner in a law and accounting firm in Medellín and co-founder of a social enterprise promoting creative talent and the cultural economy.
  • Khadija - PM and Educations Ops

    • As a newcomer to the Web3 landscape, Khadija is committed to deepening her understanding and cultivating her proficiencies. Fueled by a deep enthusiasm for learning and sharing, she focuses her efforts on ongoing personal and professional development, aiming to utilize her knowledge to enhance education and integrate the community into the various opportunities presented by the Web3 ecosystem. In recent months, she has participated in a range of Web3 initiatives, applying her skills to contribute effectively to different projects. This hands-on involvement has deepened her comprehension of the ecosystem and its potential, further motivating her passion for innovation and collective impact.
  • 0xflypeztic - Social Media Manager

    • A recent entrant into the dynamic Web3 space, 0xflypeztic is continuously learning and building on her expertise. With a solid background in social media management and graphic design, she manages the social media presence for organizations like ReFiDAO, ReFi Medellin, Fundación Salvaterra, and CekiIrgCo. Over the past few months, she has been actively involved in various Web3 projects, applying her skills and gaining valuable experience. She is committed to continuous growth, exploration, and skill development within the Web3 ecosystem.
  • Londo.eth - Growth

    • With more than 15 years of experience in growth and operations across various industries, including edtech, startups, and multinational marketing giants, Londo.eth has made substantial contributions to the crypto world, including working on projects like Binance. His expertise has been instrumental in driving operational growth. Currently, he leads growth efforts for a dynamic startup across Latin America, driven by a passion for bringing innovative solutions to the region.
  • Wabisabi - Business Development

    • With over 5 years of experience as a Business Development Manager and Partnerships lead, Wabisabi has worked closely with Web3 projects focused on financial inclusion. As an Ecosystem Lead at the Celo Foundation, Wabisabi made a significant impact in Colombia, Venezuela, Perú, and Panamá. Currently, a full-stack developer in progress and a growth strategy enthusiast, Wabisabi brings both technical and strategic insights to the Web3 space.
  • A.O. - Advisoring

    • A.O. has been actively involved in community and ecosystem growth efforts, working across multiple ecosystems and projects to explore user adoption strategies in Web3. Although their involvement may not be complete, A.O. is a strong supporter of the project, fully committed to its success and the delivery of impactful outcomes.
  • 0xj4an - Advisoring

    • More than a year ago, 0xj4an proposed the idea of $cCOP and has since been a key contributor to Celo’s mission, spreading awareness in Colombia, organizing workshops, talks, and leading communities on the ImpactMarket platform. He has worked closely with the ReFi movement, leading the ReFiMedellín node in Colombia. A co-creator of CeLatam (Formerly W3LatamDAO), 0xj4an has submitted multiple on-chain Governance Proposals and has over two years of experience in moderation tasks. He has also played a role in Celo’s public goods efforts and has been a Governance Guardian for over a year.

Initial Multisig and Governance

A multisig wallet will be utilized to manage funds, requiring 3 out of 6 approvals for any transaction. This added layer of security ensures that decisions regarding fund allocation are made collaboratively. Initially, the wallet will be governed by a select team of signers who will oversee transactions and maintain transparency. As the DAO evolves, there are plans to expand governance to include more community members, fostering a sense of ownership and participation in the decision-making process. This approach not only enhances security but also strengthens community engagement and trust as the DAO grows.

Multisig Address

0x6C6Dc3D4869d9812d80600B9F7f291e13Ee73D49

Initial Signers

  • Londo.eth: 0xaAa6F4Fb5931C595648fF0df4D79B42FbA949187
  • 0xflypeztic: 0x9F75582d2bE13b5EE454161EE394daadA8B39efa
  • Ximena Monclou: 0x0ce522CAD66Fa4D6529B2Db76E0A91D53296D58b
  • 0xj4an: 0x8f51DC0791CdDDDCE08052FfF939eb7cf0c17856
  • AO: 0x94194d1280A5B45aBE551e41b69E1059059735AF
  • Celo Colombia DAO (Backup): 0x12BD1596d7cfbf7c18F08499B54A31C980989070

Conclusion

The establishment of CeloColombia DAO represents a significant opportunity to advance the adoption of blockchain technology in Colombia, fostering innovation, inclusion, and economic growth. By prioritizing community building, CeloColombia DAO seeks to create a robust network of supporters and contributors who are passionate about leveraging blockchain for social impact.

In its initial phase, the DAO will focus on educational initiatives and outreach programs to raise awareness about the benefits of blockchain, particularly among underserved communities. This grassroots approach will help demystify the technology and demonstrate its potential to enhance financial inclusion and accessibility.

As the community solidifies, CeloColombia DAO will strategically set the stage for the launch of $cCOP, a digital currency designed to facilitate transactions and incentivize participation within the ecosystem. This token will empower local businesses, encourage the adoption of decentralized applications, and stimulate economic activity across various sectors.

Ultimately, CeloColombia DAO aims to become a leading force in the Colombian blockchain landscape, driving collaborative projects that address pressing societal challenges and fostering a vibrant, inclusive economy. By bridging the gap between technology and community, the DAO aspires to make blockchain a transformative tool for the future of Colombia.

13 Likes

The establishment of CeloColombia DAO is an exciting and necessary step for Colombia as it embraces the future of blockchain technology. As someone deeply invested in the transformative potential of technology, I see this initiative as a pivotal opportunity to promote economic inclusion, innovation, and empowerment for all.

One of the most remarkable aspects of CeloColombia DAO is its focus on community building. By emphasizing grassroots engagement, the project ensures that blockchain adoption in Colombia is not limited to the tech-savvy elite, but extends to underserved communities. This inclusive approach will empower individuals and businesses alike, opening doors to financial tools and opportunities previously out of reach.

Additionally, the educational programs spearheaded by the DAO are crucial. Blockchain technology can be daunting to those unfamiliar with it, and initiatives aimed at demystifying it will play a critical role in fostering widespread understanding and trust. These efforts not only enhance knowledge but also provide Colombians with the tools to take control of their financial futures in an increasingly digital world.

CeloColombia DAO also stands out for its long-term vision. The project aims to address critical societal challenges through blockchain technology, aligning innovation with the country’s economic and social development needs. This forward-thinking approach gives me confidence that the DAO will not only drive blockchain adoption but will also contribute to the creation of a more inclusive, dynamic economy.

5 Likes

This is a fantastic initiative! CeloColombia DAO’s focus on educating and expanding the community while preparing for $cCOP is essential for boosting financial inclusion and blockchain adoption in Colombia. Keep up the great work!

8 Likes

It’s an excellent initiative, we need to increase the adoption capacity of blockchain in Colombia.

4 Likes

:tada: At Fundación Salva Terra, we are thrilled about the proposal from CeloColombia DAO. It fills us with joy to see this effort to expand and educate the community about the Celo ecosystem in Colombia, especially with the preparation for the launch of $cCOP :colombia:. We believe this is a very important step towards strengthening and enhancing the ongoing efforts of the community.

:seedling: This project will not only help boost the adoption of decentralized solutions but also promote financial inclusion across our country. We applaud this initiative and share the vision of a future where blockchain technology becomes a key tool for transforming the economy and improving the quality of life for all Colombians. Let’s move forward together for a better tomorrow! :rocket::green_heart:

5 Likes

I am really happy to see this happening. It is the materialization of web3 IRL.

As a Mexican, I admire Colombian crypto space because they go from the potential to the action. I’ve said it several times on Twitter. The use of $cCOP will bring masses to experience web3 without even needing to learn about Tx, Bridges, etc!

Congrats to this team of pioneers.
Hopefully we can see cMXN one day too or even a BRICK type of currency that is created from the reserves of the 20 LatAm countries and bioregions.

5 Likes

I believe the integration of the $cCOP stablecoin will play a pivotal role in driving the adoption of digital currencies within Colombia’s ecosystem. Marketing and social media engagement are crucial, especially when connecting with crypto-friendly users and those new to the space. A well crafted social media strategy could reach untapped audiences, benefiting the broader ecosystem and accelerating stablecoin adoption in the country.

5 Likes

Wow! This is an impressive work that will impact the adoption of crypto & DeFi in Colombia :colombia:

Congratulations to all the team for leading this!

Let’s keep building and believing in a wealthy economy system :seedling:

5 Likes

Personally, I’ve known @0xj4an Juan for a long time, ever since I first joined Celo nearly three years ago. Throughout this time, he has consistently worked with impressive efficiency and dedication, showing remarkable growth while contributing to Celo over the years. The launch of $cCOP will undoubtedly bring significant value and substantial growth, driving sustainable long-term support for Celo. Therefore, I fully support this proposal! :heart:

3 Likes

I’m excited to suporting the potential of establishing a Decentralized Autonomous Organization (DAO) on the CELO blockchain, “Prosperity for All.” This initiative aims to leverage the innovative features of the CELO network to create a more inclusive and equitable digital economy, particularly through the launch of a digital peso $cCOP. We invite everyone interested in this vision to join us in supporting the creation of this DAO. Whether you are a developer, an advocate for financial inclusion, or simply someone who believes in the power of community-driven initiatives, your input and participation are invaluable. Together, we can create a sustainable ecosystem that embodies the spirit of prosperity for all.

3 Likes

After months of work, it’s exciting to see this in action. :raised_hands:

I’d like to take a moment to thank everyone for the feedback during the governance call. We’re committed to implementing it and will explore ways to integrate TikTok and Twitch to reach new audiences and drive CCOP adoption in Colombia.

2 Likes

I confirm my participation in the Multisign and confirm that my wallet is 0x0ce522CAD66Fa4D6529B2Db76E0A91D53296D58b

1 Like

I confirm my participation in the multisign
This is my wallet
0xaAa6F4Fb5931C595648fF0df4D79B42FbA949187

1 Like

Initiatives like this will help to growth the community around the $cCOP and the Colombian Celo ecosystem in general. At Unergy :sun_with_face:, a colombian startup, we fully support this proposal, and we are also ready to give the $cCOP some use cases around clean energy investments.

2 Likes

I acknowledge my involvement in the multisign.
My wallet address is: 0x9F75582d2bE13b5EE454161EE394daadA8B39efa.

1 Like

We’ve been making strides with diverse teams and individuals working collaboratively and synchronized to bring this vision to life. Establishing an independent ColombiaDAO and launching the cCOP could provide the localized impact essential for addressing the needs of people in Colombia

2 Likes

Hola @CeloColombiano,

I’m excited about this proposal, especially with the launch of cCop; however, I don’t think now is the right moment to move this to governance because:

  • The entire Regional DAO budget for H2 2024 is already depleted
  • Starting a cycle now would mean Celo Colombian would operate on a different timeline from potential other regional initiatives.

I propose that the Celo ecosystem figure out its 2025 strategy for regional DAOs / initiatives in the following weeks and have Celo Colombia participate in the scope defined from January onwards.

I would support a one-off grant of 10-20k USD for the next 3-4 months to help launch cCOP. However, this full-scale proposal is too large to be passed without a regional DAO budget or clarity on how the program would run next year.

@CeloColombiano, would you be open to rescoping to a more focussed proposal for supporting the cCOP launch and participating in the regular program early next year?

1 Like

Hey @LuukDAO Thank you for your feedback and support for the cCOP launch! I understand your concerns, and I want to clarify a couple of points regarding our proposal.

Firstly, our intention is not to seek funding from the Regional DAO budget within the CeloPG as we know the funding for Regional DAOs have been already allocated.

We are aiming to present this proposal directly through the regular Celo Governance process. This approach allows us to work independently of the H2 2024 Regional DAO allocations and budget constraints.

Additionally, we tried to review the proposal’s scope and we made a few changes in terms of duration and we delete some items.
Our plan now is more focused in community building, and essential activities to prepare for wider cCOP adoption. This would allow us to lay a strong foundation while aligning with the broader 2025 Celo ecosystem strategy as it’s developed.

Here is the final changes of the proposal we will submit for Governance :raised_hands: hopefully we count with your support and wider Celo Community.

Metrics and KPIs

To measure the success of our initiatives, we have established clear metrics and KPIs:

Metric KPI Description
Community Growth
  • Telegram +150 Increase the Telegram community by at least 150 members to expand our reach and engagement.
  • Twitter (X) +500 Grow the Twitter (X) account by an additional 500 followers to enhance visibility.
  • Instagram +300 Grow the Instagram account by an additional 300 followers to enhance visibility.
  • TikTok +150 Grow the TikTok account by an additional 150 followers to enhance visibility.
Community Engagement
  • Meetups +3 Organize over 3 meetups in major Colombian cities during the DAO’s execution phase, each with approximately 50 participants.
  • Total Members Across Platforms +650 Achieve a combined increase of 650 members across Telegram, Twitter, Instagram & TikTok platforms.
Education and Awareness
  • Educational Campaign Reach 1000 Reach at least 1,000 individuals through educational campaigns on Celo in the local language.
  • Engagement Rate 5% Attain a 5% engagement rate on educational content to ensure active participation.
  • Workshops/Webinars +3 Conduct over 3 workshops or webinars, each with 50 participants, to educate and train community members.
  • Local Hackathon Participation 50 Participate in a local hackathon within the next four months, attracting at least 50 attendees to foster innovation and developer engagement.
Event Presence
  • Major Event Participation At least 1 event Secure presence at key industry events like the Colombian Fintech Forum and Tech Week Medellín to increase visibility and build networks.
Preparation for $cCOP Integration
  • Liquidity Strategy 1 Formulate a liquidity strategy identifying key sectors for early adoption of $cCOP.
  • Uniswap Pool Creation 1 Create a cCOP/USDT liquidity pool.
  • Partnerships with Businesses 1 Establish at least one partnership with a local business to facilitate $cCOP adoption and practical use cases.

By setting these specific metrics and KPIs, we can effectively monitor our progress and ensure that our efforts are aligned with our overarching goals of expanding the Celo ecosystem, fostering community engagement, and preparing for the successful integration of $cCOP in Colombia. These targets are ambitious yet achievable, providing clear benchmarks for success over the next six months.

Timeline and Milestones

To effectively implement our initiatives and achieve our objectives, we have outlined a detailed timeline with specific milestones over a six-month period. This structured approach ensures that each phase of the project is executed systematically, allowing for continuous progress evaluation and timely adjustments.

Item Description Time
Establishment Plan Establish the legal framework for CeloColombia DAO. Month 1
Set up a multisig wallet for fund management.
Develop and launch the CeloColombia DAO website.
Initiate social media efforts on Telegram, Twitter, Instagram & TikTok.
Initiate community outreach with meetups in major cities.
DAO Initiatives Organize initial educational workshops and webinars in major cities. Month 2-3
Identify and engage local businesses and institutions to establish partnerships.
Focus on growing the Telegram, Twitter, Instagram & TikTok followers to meet initial growth targets.
Community Engagement and $cCOP Integration Organize additional meetups, workshops, and webinars, including planning for educational events and hackathons. Month 3-4
Continue community engagement through educational campaigns while maintaining activity on social media and online platforms.
$cCOP Launch and Community Overview Review community engagement metrics for Telegram, Twitter, Instagram & Discord to ensure targets are met. Month 4
Evaluate the establishment of strategic partnerships and the effectiveness of educational events.
Release the first four months report detailing DAO activities, including community growth, educational initiatives, partnership development, and $cCOP preparations.

By adhering to this timeline, CeloColombia DAO will systematically build a solid foundation, foster a vibrant community, and prepare for the successful integration of $cCOP into the local economy.

Budget Breakdown

Item Items Budget
Social Media and Community Engagement Website and Social Media Setup: Development and launch of the CeloColombia DAO website, Twitter, Telegram, and Discord accounts, including branding, initial content creation, and promotional activities. $2,000
Telegram Engagement: Maintenance of the Telegram for community interaction for 4 months. $1,000
Part-Time Community Manager: cUSD 1,000 per month (cUSD 4,000 total) - Hiring a part-time person to manage online community engagement and social media, ensuring active and ongoing interaction. $4,000
Subtotal $7,000
Event and Community Outreach Local Meetups: Venue booking, promotional materials for 3 meetups in various Colombian cities, laying the groundwork for $cCOP adoption, including staff coordination and administrative costs. $3,000
Educational Workshops/Webinars: Content development, logistics, and platform costs for hosting 3 workshops/webinars with a minimum of 25 participants each, incorporating the cost of promotional items to engage attendees and share materials that highlight the proposed initiatives. $3,000
Educational Events and Hackathons: Participate in one hackathon, logistics, and grants, including branded materials and support services. These grants will support developers and entrepreneurs working on Celo-based projects, especially those with potential to drive $cCOP adoption. $3,000
Subtotal $9,000
Partnership Development Partnership Engagement: Costs related to identifying and establishing partnerships with local businesses and institutions to promote Celo-based solutions and prepare for $cCOP integration, supporting initial integration efforts and pilot projects. $4,000
Subtotal $4,000
Operational and Miscellaneous DAO Establishment Costs: Legal fees, administrative costs, and initial setup expenses for the DAO. $2,000
DAO Management: cUSD 1,500 per month (cUSD 4,000 total) - Hiring a manager to handle DAO-related tasks, including partnerships and events. $6,000
Subtotal $8,000
Liquidity Pools Uniswap Liquidity: Create necessary LP pairs for cCOP/USDT. $10,000
Subtotal $10,000
Total $38,000

Total Budget: cUSD 38,000

2 Likes

I confirm my participation.

My wallet: 0x94194d1280A5B45aBE551e41b69E1059059735AF

1 Like

FYI we have just submitted our proposal, consider give us some votes :colombia:
We have a very well detailed and structured plan to make cCOP a success in Colombia adoption. 28K cUSD for Community and development and 10K cUSD to be added to the recent Liquidity Pool Created in Uniswap.

1 Like