# MIP55c3-SP3: ETHAmsterdam Event SPF

## Preamble

```
MIP55c3-SP#: 3
Author(s): Jon Perry
Contributors: @PonJerry, @hexonaut, @Saint.Burban, @juan, @Nadia
Tags: spf
Status: Accepted
Date Proposed: 2022-03-09
Date Ratified: 2022-03-31
Amount Requested: 50,000 DAI
Recipient Address: Multisig address will be added after successful on-chain vote prior to the executive vote.
Forum URL: https://forum.makerdao.com/t/mip55c3-sp3-ethamsterdam-event-spf/13781
Ratification Poll URL: https://v2.vote.makerdao.com/polling/Qmb9brx3#poll-detail
```

## Sentence Summary

The purpose of this sub proposal is to allocate 50,000 DAI for the MakerDAO event in Amsterdam scheduled between April 20-24, 2022.

## Motivation

### Putting MakerDAO back in the European Scene

Recently, MakerDAO hosted an event at the [ETHDenver conference called DAIvinity](https://twitter.com/DaIvinity). Due to its [overwhelming success](https://newsletter.banklesshq.com/p/8-things-you-missed-at-ethdenver-ab5) and response from the Maker Community we believe that it would be good to host another event during ETHAmsterdam.

### Making it a Habit

In parallel to this SPF a Core Unit proposal has been put forth on the forum for feedback (see [MIP39c2-SP32](https://forum.makerdao.com/t/mip39c2-sp32-adding-events-core-unit-events-001/13780/14)). EVENTS-001 has been proposed based on discussion with the Maker community to provide a permanent budget and ongoing hosting of MakerDAO events.

### Time Constraints

Due to the time constraint imposed by MakerDAO’s current governance cycle to be able to get the funding in time for ETHAmsterdam, this SPF has been created to partially fund the event. The remainder of funds will be coming directly from participating Core Units.

## Special Purpose Fund Name

ETHAmsterdam Event SPF

## Special Purpose Fund Scope & Work Credentials

### Fund Scope

This SPF will partially cover costs for the ETHAmsterdam MakerDAO event, which has been allocated a budget of 80,000 DAI. This is based on the “minor” event sub-budget in the Core Unit proposal with the addition of FTE compensation.  Due to time constraints, 50,000 DAI is being requested through this SPF with the balance coming directly from participating Core Units. The funding breakdown gives the scope of how the funds will be used. Funds from this SPF will be spent between March 1, 2022 and May 8, 2022.

Any unused funds will be returned to the surplus buffer.

### Work Credentials

The team who organized the ETHDenver event (John Legg & Jon Perry) would return to their roles to plan and execute the ETHAmsterdam event.

## Funding Breakdown

The following is a summary of the event budget outlining how the funds will be used:

|                                                                            |       Dai |
|----------------------------------------------------------------------------|----------:|
| Travel (2 FTE & 2 Contractors)                                             |    $5,200 |
| Accommodations/Food (2 FTE & 2 Contractors)                                |    $6,200 |
| Set Dress (Venue Branding, DJ Equitment Rental, Lighting Rental, Visual Renderfarm, Plugins/Software)                                                                  |    $2,000 |
| Labor (2 FTE & 2 Contractors)                                             |   $42,400 |
| Venue/Hospitality                                                          |    $17,000 |
| Music & Photography                                                        |    $2,800 |
| Misc (Shipping, COVID Tests, Onsite Tools/Equipment, Overhead, Contingency) |    $4,400 |
| | |
|  **Event Total**                                                           |**$80,000**|

Due to time constraints, 50,000 DAI is being requested through this SPF with the balance coming directly from participating Core Units.

## Multisig Wallet

The multisig for the funds will be 2:3 with @juan/@hexonaut/@Nadia and will be set up after the successful on-chain vote, prior to the executive vote.


## Special Purpose Fund Details

```
Official Contact or Group Name: Jon Perry
Contact Email/Handle: perry@makerdaoevents.com
Date Added: (2022-03-09)
Total Amount: 50,000 DAI
Wallet Address: Multisig address will be added after successful on-chain vote prior to the executive vote.
Comptroller signers: @juan, @hexonaut, @nadia
```