Was asked a couple months the ago about an alternative option for a Cardano event in Singapore for token2049 by a few people in
Community.
I said I wouldn’t do one by asking for treasury funding.
Having an event at token2049 week is a highly targeted and expensive endeavour.
I did share details about the below option with an FE a while back.
It’s an amazing location and would be unforgettable for all Attendees.
Have provided an option below for one and two days but I would suggest one day tbh. (Reasoning at the bottom)
Attendees: (no minimum needed)
✅ Day Tickets $150per day
Sponsor packages:
Gold Package: ($5,000 one day/$7,500 two day)
✅ table top display
✅ 15min presentation on stage per day
✅ 10 tickets per day
Platinum package ($7,500 one day/$10,000 two day)
✅ table top display
✅ 30 min speaker slot per day
✅ 10 tickets per day
✅ branding around the venue
Partner package ($15,000 one day/ $25,000 two day)
✅ table top display
✅ 30 min speaker slot
✅Opening and closing speech
✅ 25 tickets per day
✅ branding around the venue
✅ branding on stage
Would need to raise around $90k minimum from the sponsor packages for a one day event and $135k for a two day event to cover the fixed costs and branding etc.. and the associated ticket costs for the sponsor packages.
✅ Cocktail evening reception sponsor package available also.
The likely spread of sponsorship packages taken if successful Would probably something like:
Sponsors:
1 partner
2 platinum
10 Gold
Sponsors would be able to buy extra tickets in bundles of 10 at the cost price of $1,500 each per day.
It’s literally the cost price per attendee, so if a founding entity or project wants to subsidise the cost of tickets for some they can buy the bundles and provide the reduced price to community or hand out for free.
I personally think one day is the better option in terms of the context of the token2049 week tbh.
Token is Wednesday/Thursday and for those coming, I think one day at a Cardano event and one day at another event elsewhere would help attendees appreciate the Cardano event more and open their eyes to what the competition are doing.
Because of the type of person coming to token, it is best served for the Founding entities, the financial platforms where investors can deposit liquidity and make a good return, platforms that will be open to cross chain activities and have a platform already and looking for investment.
The founding entities, Strike/Bodega/Surf/Fluid/Dano/Masumi/Palmyra/Iagon/Ascend/USDA and USDM etc to name a few, are the most likely to have an ROI at such an event.
There are many reasons why I have not and will not submit a treasury proposal for this event, even though I think it is the perfect option for those that can and will capitalise on token2049 this year. I feel that doing it outside of direct treasury funding is a better option.
But as a comparison, if it were treasury funded, as a one day event, the total cost including tickets for up to 1,000 attendees would be approx $250k and $390k for two days.
Anyway…
If there is enough interest from FEs, projects and community to do it, I am more than happy to.