Weekly Update Report #8 | June 24-30, 2022

Hi everyone, we’ve recently launched Fingerprints’ Weekly Update report so you can easily follow what’s going on in the DAO. We welcome your feedback, ideas and insights.

You can find the PDF version here.

Recent Announcements

Brand Positioning Exercise - week 5/5
Last exercise of our Brand Positioning project.
Exercise #5 launched on June 30,2022
(Discord Link / Jotform Link)

Fingerprints High-Bandwidth Hour
Episode “NFTNYC Recap: HOT or NOT? Who Wore It Best? Who NGMI? Fingerprints HBH”, presented by @mitchellfchan
June 29,2022 (Link)

Exhibition commissioned by Fingerprints - NFT.NYC
Collection “Off: Endgame” by Sarah Friend.
June 21 - July 05,2022 (Link)

OTC $PRINTS Orderbook
Glory#5406 is putting together a orderbook for $PRINTS. If you want to trade $PRINTS, please DM him with the bid/ask price, volume and swap link.
First orderbook TBD by next week (Link)

Ongoing Discussions

Organizational Design 3.0
Discussion on a proposal that updates our org. design, simplifying its structure through the introduction of the Working Groups Framework.
Last update on June 28,2022 (Link)

Visual Identity Work (Rebranding) Proposal
Discussion on a proposal to hire the agency
“Other Means” to perform a comprehensive rebranding of Fingerprints.
Last update on June 24,2022 (Link)

Staff Team Main Ongoing Initiatives

Governance

Strategic Plan Proposal
We think it’s very important to have the general vision for Fingerprints in ink, so we can use it as a guide to our daily activities. Current discussion ongoing in our Discourse to be followed by a proposal. (Link)

Organizational Design Update
We’re working on a new organizational design format in which areas will be granted freedom to self-organize and negotiate budgets with the DAO. (Link)

Discourse Forum is Back!
We’ve re-launched our Discourse Forum in a self-hosted server, that way we can organize discussions and engage with less active members. Come join at https://discourse.fingerprintsdao.xyz

Creative Direction

Visual Identity Work (Rebranding) Proposal
Discussion on a proposal to hire the agency
“Other Means” to perform a comprehensive rebranding of Fingerprints.
Last update on June 15,2022 (Link)

Sarah Friend Exhibition at NFT NYC
Refraction/Rhizome presentation taking place of physical installation of ‘Off’ by Sarah Friend. Working with Rhizome on publicity. (https://off.supply/) (Link / RSVP)

FP’s Website v2
Website copy edited, now looking at cosmetic changes to the website to make it on-brand for FP.

FP’s Studio Strategy
The Creative Direction team is preparing a strategy document as part of the Organizational 3.0 re-design. This will outline strategy for projects, in addition to other external activities.

Public Relations Initiatives
Currently evaluating new proposal for work from Azzi - focused on a Brazil remit, with support on editorial work and events in that market. Also fielding additional PR opportunities.

Community & Finance

Brand Positioning Exercise
Working together with the Creative Direction team and a Marketing advisor to develop Fingerprints Marketing strategy with the DAO. (Link)

Membership Tier and Value Creation
How we could structure the value creation for the Fingerprints community. (Link)

Weekly Update and Monthly Report
Releasing Weekly Updates and drafting a template for the Monthly Report. (Link)

Budget and Capital Allocation
Discussing curation/acquisitions budget. (Link)

Legal Entity
We’ve been discussing with top legal and auditing firms the most efficient legal entity forms.

Token Liquidity / OTC
Discussion on PRINTS buyback and DAO-managed OTC Desk.(Link)

Treasury Management
Execution of swaps (1) 515ETH from Phase 4 Funding Round into ~$1mm (Link); (2) $65k worth of ETH to USDC to cover the expense for the TodayIn investment (Link) and (3) 563ETH into USD to Ensure 24 months of runway - costs (Link)