Grant Proposal: Octaloop (July 2023)

Community Grant Applications
#1

Grant ID: 86854ev9y

Summary:

We are Octaloop, a team of crypto enthusiasts organizing blockchain events since 2016. Over the years, we have successfully conducted meetups, hackathons, and conferences attracting thousands of attendees. Besides our annual India Blockchain Tour, where we visit India’s biggest Web3 hubs to engage its communities, we hosted the nation’s largest-ever crypto gathering last year, Metamorphosis.

This year, we’re thrilled to announce our upcoming events:

Metamorphosis Dubai in 19-20 October
Metamorphosis India (Delhi and Bangalore) in November and December respectively

I have read and agree to the privacy policy:
true

Describe what your project does or is aiming to do in 50 characters or less:
Host events for Web3 brands to target/engage enthusiasts.

If available, please enter a link to your project below:

How far along are you?:
We are currently hosting the India blockchain Tour, a series of events aimed at engaging communities in India’s most prominent Web3 hubs, including Delhi, Mumbai, Chennai, Hyderabad, Bangalore, and Kolkata.

We conducted IBT events in four cities over the last two months, with Kolkata and Chennai being the last two stops on the Tour, scheduled for July 29 and August 5 respectively. Graph Advocates DAO are co-sponsors of the India Blockchain Tour.

We also have the following conferences lined up:

Metamorphosis Dubai 19-20 Oct 2023
Metamorphosis Delhi 18-19 Nov 2023
Metamorphosis Bangalore 09-10 Dec 2023

Why did you pick this idea to work on? Do you have domain expertise in this area? How do you know people need what you’re making?:
We are a team of crypto enthusiasts that have organized blockchain events since 2016, successfully conducting meetups, hackathons, and conferences attracting thousands of attendees. We’ve helped some of the most recognizable brands in Web3 achieve their marketing goals, including NEAR, Bitget, 1inch, Poloniex, Polkadot, CoinMarketCap, and Cosmos, to name a few.

What’s new about what you’re making? What substitutes do people resort to because it doesn’t exist yet (or they don’t know about it)?:
The blockchain industry is heavily community-driven, but most crypto conferences are just speaker sessions and snacks. At Octaloop, we take pride in our events being fun, memorable, and most importantly, a catalyst for dialogue between projects and the communities they serve.

Having a space where your questions can’t be ignored, where experts can get their point across without their expertise being questioned, isn’t just important for the success of individual projects, but for the long-term growth of the Web3 industry as a whole.

What’s your vision for how your project will impact The Graph and/or web3?:
Metamorphosis serves as a watering hole for the blockchain community, where projects find opportunities to collaborate, onboard users, and grow, while attendees get the chance to explore the industry’s latest innovations. It’s a celebration of everything crypto, and we want to celebrate you.

How will you measure success?:
As mentioned above, our goal is to foster a dialogue between projects and communities, and promote blockchain technology to the masses. For us, success is ensuring your brand gets the exposure it deserves, while providing Web3 communities with the chance to interact with innovative projects and the people that run them.

What milestones will you achieve in the coming weeks/months, with or without the grant?:
We will conduct the following conferences :

Metamorphosis Dubai 19-20 Oct 2023
Metamorphosis Delhi 18-19 Nov 2023
Metamorphosis Bangalore 09-10 Dec 2023

Please select who you think will benefit from your project?:
Curators, Delegators, Indexers, Subgraph Developers

How much funding are you looking for? (USD):
80000

Provide a breakdown of your requested funding:
Title sponsorship for MM Dubai: $80,000

Breakdown of cost:

Venue: $30,000
Food and beverage: $23,000
Branding/printing: $8,000
Photographer and videographer: $5,200
Lighting and sound: $5,000
Emcee: $800
Partner agency feed: $8,000

Title sponsorship for MM Delhi and MM Bangalore: $50,000

Breakdown of cost:

Venue: $17,000
Food and beverage: $11,000
Branding/printing: $5,000
Photographer and videographer: $4,000
Lighting and sound: $4,000
Emcee: $1000
Partner agency fees: $8,000

Have you applied for (or already received) funding from somewhere else?:
No

Can you share any information about current/past web3 experience?:

Why are you interested in contributing to The Graph and/or web3?:
There is an information asymmetry problem in the blockchain industry. At Octaloop, one of our biggest goals is to educate the masses on the benefits of blockchain technology. However, obtaining reliable information is tough in an industry filled with misinformation and FUD. We found The Graph’s mission to organize blockchain data, making it more accessible to the masses, in alignment with our own vision for the future of Web3.

Are you applying as a team or individual?:
Team

What type of grant are you pursuing?:
Project (one-off)

Please select the category your project best fits into:
Regional Community




Primary Community Poll

Do you fundamentally support this grant application, knowing that the final scope and grant amount may differ from the requested proposal?
  • Yes
  • No

0 voters




Grant Committee Vote

Do you recommend this grant to the DAO?
  • Yes
  • No

0 voters

#2

Here is some photos of our India blockchain tour which is going on . Graph advocates dao is a co sponsor for the tour .

https://drive.google.com/drive/folders/12s-s72Ae-qzEaZBrXgKN2orU-APhahRB

2 Likes
#3

Greetings, it’s nice to see the results of the current grant, but I’d still like to focus on this one @abdulla

Alas, DAO does not support grants that cost more than $20,000, The Graph Foundation handles such grants. Can you show other tiers that we can consider, as otherwise the grant will be rejected for the reason above, due to the large amount of funding being requested?

Thank you!!!

#4

Hey @doxe01.eth

thanks for your quick response. We had an internal discussion and we can offer two options:-

Title sponsors for Metamorphosis Delhi

$20,000

OR

Gold tier for Metamorphosis Dubai

$20,000

#5

Hi @abdulla ,

Thanks for submitting your grant application. It looks like the first four events from your previous grant have been successful, nice work! Just one question for me in regards to this application:

  • Can you help clarify the difference in cost between your two applications? The events seem similar in nature but the last application was budgetted at $5000 for 6 events and this one went from $80,000 (now $20,000) for 3 events.
  • I also left a question relevant to this application on your existing grant forum page. Pasting here for quick reference: Grant Proposal: octaloop (April 2023) - #23 by Mr.1776

Thanks again for submitting your application. Looking forward to your response.

1 Like
#6

Hey @Mr.1776

  1. First of all it’s two options we are giving for $20,000 depending on which location you would like to target on:-

Title sponsorship for Metamorphosis Delhi

OR

Gold Tier for Metamorphosis Dubai

The disparity in cost for the first grant application and this one can be attributed to the difference in the nature and scale of the events.

The 6 events we’re hosting this year are a part of India Blockchain Tour, which is a series of meetups carried out across different cities in India, with an average of 100+ attendees per city. As these are relatively informal events, the venues we chose and required investments were minimal.

The current proposal is for our flagship event Metamorphosis which is taking place in Dubai and India. We conducted Metamorphosis in India last year as well, and based on the extremely positive feedback from attendees and speakers alike, are conducting 3 such events this year, with an expected attendee count of 1000+ per city. Speakers and influencers from across the globe are set to attend the event, which will also include exhibitions and panel discussions. Consequently, the scale of the event demands greater resources in comparison.

#7

That makes sense. Thanks for the information and clarification!.

1 Like
#8

Greetings!

The presentation of the grant will be in the public-voice-chat channel on the Graph AdvocatesDAO Discord server on August 1st at 10:00 UTC. Entrance is open and everyone is welcome to come in and ask their questions during the presentation!

Thank everyone for your attention!

4 Likes
#9

Greetings.

Earlier during the grant presentation it was discussed that for the best results for the grant, it was suggested that this grant should be referred to the Graph Foundation. Since the funding requirement for this grant is determined to be in excess of $20,000 USD. It therefore falls outside the scope of the Graph AdvocatesDAO and should instead be submitted to the Graph Foundation.

You can submit your proposal directly to the Graph Foundation following this link: The Graph: Grants Application. Good luck!

Thank you for submitting this proposal, and you are encouraged to stay engaged in the Graph community. You are also welcome to submit new grant applications in the future!

Sincerely,
Graph AdvocatesDAO

2 Likes