I’m considering submitting an AIP to ask the DAO to fund the development and manufacturing of a wireless gaming/entertainment headset and broader brand, inspired by BAYC and with a focus towards Otherside. I’ve been designing/developing licensed (Nintendo, Xbox, PS) gaming accessories for more than 10 years and now own my own company with a partner who shares ownership of a factory in Dongguan, China. Specifics can be found in the AIP once submitted, however I see this as an opportunity to create a standard for ROI for the DAO when it comes to launching consumer products:
- DAO grants funds (based on an agreed disbursement schedule)
- Grantee builds the product/brand, sales channels and marketing
- Product is offered for sale, with a significant royalty back to the DAO to recoup initial investment
- Once grant is paid back in full, royalty reduces and remains in perpetuity
Obviously building any CP business is a huge challenge, but if grants are distributed to experienced founders, the basic arrangement described above could deliver ROI assuming the product/business has a good market fit.