PASSED: Reimbursement for General Magic Services

The funds for paying people in General Magic were out of Griff’s pocket. Many of the General Magic contributors (Magicians) have been providing support and contributions to Giveth for months now, and Marko since August 2020. General Magic is proposing a reimbursement equivalent to all the hours worked by Magicians to support Giveth. You may refer to the details here: GM Services for Giveth - Google Tabellen

Delivered services:
Design, Communications, User Testing, Hiring/Check-ins, HR support, Accounting, Administration, GIVbacks calculation scripts, Giveth dashboard, GIVeconomy front-end, GIVeconomy PM, Development, DAO Stewardship, PM, Giveth Swag Shop

Mitch, Fabio, Marko, Rodri, Mo, Heather, Freshelle, Kristofer, Lauren (GM Portion)

Amount Requested:
97,440 DAI

The amount requested for reimbursement will be from nrGIV in GIV tokens at the spot price when the vote is created.


Lauren is in General Magic?

1 Like

I appreciate all of the support from General Magic. The value added by each team member has been instrumental, and it’s hard to imagine launching both and the GIV economy without them. I also really appreciate @Griff investing $100k+ of his own funds with no promise of reimbursement. You’ve got my vote!


The General Magic portion of Lauren’s Giveth work is the GIVeconomy PM from Sep-Nov 2021.

To my knowledge Lauren was never onboarded into GM so I don’t understand how the work she did (while extremely, extremely valuable) could be reimbursed under the umbrella of an org she didn’t work for.

While she didn’t officially join General Magic, I paid her for doing work for TEC and working a lot of extra hours for Giveth on top of her Giveth salary…

It was sort of a short term payment increase until the GIVeconomy launched and now all her payments will come straight from Giveth. I think I should get reimbursed for it, I put it in this bucket because it was left out of the Giveth Bucket.

It’s really an accounting artifact, we tracked this payment in the GM spreadsheet even tho she wasnt part of GM.

I think I should get reimbursed for it tho, we applied a % to it, so I am not getting reimbursed for the TEC contributions… only the extra hours she put into Giveth.

Approve Reimbursement for General Magic Services

  • Yes
  • No

0 voters


For voting in the pool

Vote is up for this reimbursement request!

Here’s more info on the calculations and script:

givPrice - 0.4712787120147187
97,440 DAI / 0.4712787120147187 =
206,756.633634996 GIV
WEI = 206756633634996000000000

connect 0xA1514067E6fE7919FB239aF5259FfF120902b4f9 token-manager voting:0
exec agent:1 transfer 0x4f4F9b8D5B4d0Dc10506e5551B0513B61fD59e75  0xc8d65e1bd67f16522e3117b980e1c9d2caeb9dc3 206756633634996000000000
1 Like