• Governance
  • Proposals

GCCP-3

Temporary Re-Allocation of Council Payment Funds to Community Streamers

  • Date PublishedFeb 13, 2025
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REJECTED

Sponsor

Quants

Summary

This proposal seeks to temporarily pause council payments and redirect those funds to support active X (Twitter), YouTube, and Twitch streamers who are actively promoting and engaging with Illuvium. Given the shifting landscape of Web3 and crypto gaming, council responsibilities have changed, and community sentiment suggests that council payments currently yield minimal tangible benefits. This IIP proposes leveraging these funds to empower content creators who bring real-time engagement, education, and visibility to Illuvium.

Motivation

  • Inefficient Use of Treasury Funds
    • Council payments were originally designed for governance duties, but the evolving landscape means council members may not need compensation at prior levels.
    • Many passionate community members are willing to contribute without pay out of dedication to Illuvium.
  • Limited Perceived Community Representation
    • A growing sentiment suggests that the community feels underrepresented by the current council, and reallocating funds to content creators could provide more direct value.
  • Increasing Content, Engagement & Reach
    • Web3 gaming thrives on exposure. Streaming and social media engagement drive organic adoption.
    • Many Illuvium streamers struggle with sustaining content due to lack of resources.
    • Supporting streamers would help increase frequency, quality, and reach of Illuvium content, directly benefiting marketing and community growth.

Proposal Details

  1. Temporarily pause council compensation for a set period (12 months), allowing for a reassessment afterward.
  2. Redirect those ILV funds to a structured grant program for approved X, YouTube, and Twitch streamers actively producing Illuvium content.
  3. Establish clear qualification criteria for content creators (e.g., consistent streaming schedule, engagement metrics, educational content).
  4. Implement a transparent application and selection process to ensure fair allocation of funds.
  5. Assess impact after the trial period to determine if funds should continue to support content creators or revert to the council.

Potential Benefits

  1. Increased visibility for Illuvium across streaming platforms
  2. Stronger community engagement and education
  3. More active gameplay showcasing Illuvium’s ecosystem
  4. Direct, measurable return on investment through analytics & reach
  5. Treasury funds utilized for tangible, high-impact marketing efforts

Risks & Considerations

Governance Stability

Suspending council payments may reduce incentives for participation. However, the presence of willing unpaid contributors minimises this risk.

Fair Distribution of Funds

A structured grant program with clear selection criteria will be needed to ensure fairness.

Potential Backlash from Council Members

Some council members may oppose losing compensation, but the reallocation is temporary and meant to maximise current impact.

Voting Options

Yes - Temporarily pause council payments and redirect ILV to community streamers.

No - Keep council payments as is.