Synopsis

Renew Peel’s recurring payout at US$60,000 per funding cycle.

Motivation

In our last proposal, Peel presented a number of items which have been successfully delivered upon (https://www.jbdao.org/s/juicebox/398), with the addition of other features. These include:

• Redesign, build and deployment of new project page.
• Redesign, build and deployment of new project settings, including an overhaul of project configuration.
• Addition of new project creator tools/features such as:
  • Rich text editor (usage seen in the last several projects), and
  • Project updates (usage seen in several projects inc. https://twitter.com/juanlarrazabal/status/1691117660699000834).
• Redesign of the create flow inc. thoughtful education contributions such as:
  • Improved flow and layout,
  • Educational side panel,
  • Draft/save project, and
  • Preview project.
• Addition of an automated bug bot for Linear tracking and management.
• Considerable growth exploration efforts including Gamewallet (delayed), ETHGlobal & Devfolio partnerships (in progress).
• Tons of smaller improvements and bug fixes.

During the research and exploration of the ‘apps framework’ and implementation of further features, we have uncovered new, deep learnings that have helped us understand the future of Juicebox.money. In summary, we have identified that:

1. The largest demand lies in fundraising, however, projects aren’t getting successfully funded. This is due to the underpinning funding mechanism being a mix of reward-based, donation-based and token based. These combinations do not instill ‘investor’ confidence, and we’ll continue to struggle to get projects successfully funded.
2. The complexity of Juicebox.money and the multiple value propositions make it extremely difficult for users to discover, understand, and use. We try to do many things poorly, instead of one thing well.