Thank you for your patience while we finalized the RARI Foundation’s 2024 Transparency Report — we know it’s arriving later than expected, and we appreciate the community’s understanding during a period of internal team turnover.
We’re sharing the full report below for review and welcome any questions or comments. We’ll also be walking through key highlights and answering questions during the upcoming community call — we encourage you to join (April 8, 12pm ET).
Looking ahead, 2025 marks a new chapter for the Foundation. We’re narrowing our focus on deepening our collaboration with a key partner, Rarible, and on strengthening the infrastructure that supports the $RARI token. In parallel, we remain committed to prudent financial management given ongoing market conditions.
Thanks again for being part of this journey — we’re excited about what’s ahead and look forward to building together.
Thanks for this detailed transparency report! This will help the DAO better plan its finances and also sets the bar for Foundation - DAO Transparency reports in the ecosystem.
On the content of the report, we are happy to see the progress of Rari DAO in 2024, which is clearly outlined in the achievements last year. The protocol is well positioned to continue competing for NFT trading marketshare and cultural and social mindshare in 2025. We would also like to congratulate all governance participants for their high levels of engagement and quality contributions.
The DAO’s focus on revenue generation in 2025 aims to make Treasury sepnding more sustainable. The Financial Report clearly indicates how the growth of the Foundation’s team has also increased yearly spending. The Foundation has indicated they are working toward making operations more cost-efficient, which we think is a good compromise to limit costs while we work toward increasing revenue.
One final question is regarding sequencer revenue. In the slides it is indicated revenue from sequencer amounted to $~33,000, which is split equally among the DAO and the Foundation. However, the Foundation accounted for $33,000 in their statement. Could you clarify this?