# MIP40c3-SP5: Core Unit Budget - Content Production (MKT-001)

## Preamble

```
MIP40c3-SP#: 5
Author(s): Seth Goldfarb
Contributors: Jerry Goldfarb, Tom DeMichele
Tags: core-unit, cu-mkt-001, budget, dai-budget
Status: Obsolete
Date Proposed: 2021-03-03
Date Ratified: 2021-04-27
Ratification Poll URL: https://vote.makerdao.com/executive/template-executive-vote-approve-april-2021-governance-cycle-april-26-2021?network=mainnet#proposal-detail
Forum URL: https://forum.makerdao.com/t/mip40c3-sp5-core-unit-budget-mkt-001/6824
```

## Sentence Summary

MIP40c3-SP5 adds the budget for Core Unit MKT-001: Content Production.

## Specification

### Motivation

To fulfill the mandate of the Content Production Core Unit.

### Core Unit

Content Production (MKT-001)

### Quarterly Focus

In line with the other Core Unit proposals, we’re starting with a 3-month budget that gives us time to set up operations and the flexibility to grow once we’re established.

### Team Membership

The Content Production team will include:

@seth - Full-Time - Content Production Core Unit Facilitator
@JerryAG - Full-Time - Audio Engineer / Podcast Producer
Tom DeMichele - Part-Time - SEO and Writer

Once we’ve established operations and content strategy in month 2, we plan to hire:

1x Full-time Video Producer
2x Full-time Writers

### Quarterly Budget

We aim to provide salaries competitive with regard to market rates and the compensation proposed in other Core Unit budgets.

#### Breakdown

| Item | Amount | Percentage |
| --- | --- | ---
| **People** |
|Salaries | 109,700 DAI | 85.96% |
|||
|**Startup/Admin/Software**||
| Total | 3224 DAI | 3.372% |
|||
|**Other Costs**||
|Gas|200 DAI|
|Contingency|20,000 DAI|
| Total | 20,200 DAI | 10.37% |
|||
|**Total**|133,124 DAI| 100% |

#### Budget Implementation
[Simple Budget Implementation](https://mips.makerdao.com/mips/details/60626de7e65b747f996b3d78#simple-budget-implementations)

133.124 Dai covers 3 months; we’re requesting 1/3 (44,375) per month.

Address: 0xDCAF2C84e1154c8DdD3203880e5db965bfF09B60