Summary: This onboarding document will walk through the responsibilities of Deal Scouts and provide a step-by-step guide on sourcing a deal as Deal Scouts

Table of Contents

• Responsibilities
• Qualification
• Process
  • Preliminary Deal Screening in the #💼 deal-sourcing-and-suggestions-v2 Thread
  • Post Investment (Payment)

> Responsibilities

• Source awesome crypto projects for the GCR community to invest in
• Secure a minimum allocation of ~$100k for GCR and pitch the project to GCR on #💼 deal-sourcing-and-suggestions-v2 thread
  • With Ops Lead approval, we can invest a 75k check size as well.
• Manage the relationship with founders before introducing founders to the deal leads

> Qualification

• Any GOLD or GOLD PRO member can be a deal scout

• All deal scouts will be paid 1% of the GCR Treasury's Carry portion if GCR invests in the project as a community

• To qualify for the award, deal scouts need to follow the steps:

  1. Fill out W-9 if you are a US resident or W-8 BEN if you live outside the US and upload it here

  2. GCR will fill out a 1099 form on behalf of you IF you are a US resident. If you are an international resident, no need for 1099 form

  3. Deal scouts who are US residents need to file their own tax with 1099 form

• If deal scouts invest in the deal that they sourced, they would not pay any carry fees on the deals (except a one-time 5% ops fee, min $250) and there is no cap on the amount of investment that they can make into the deal!

> Process

Preliminary Deal Screening in the #💼 deal-sourcing-and-suggestions-v2 Thread

1. If you want to pitch GCR to founders, please use this below one-pager on GCR and the standard pitch template

   1. Blurb:

      GCR is a community-first investment DAO. Sure, traditional VCs have some value-adds, but GCR’s unique value-add is its community. What does that mean? It means two things: reach and network.

      First, reach. GCR’s newsletter has 31K+ subscribers, with readers including Brian Armstrong of Coinbase, Ryan Selkis of Messari, and staff from the NYTimes and the Wall Street Journal. When GCR invests with you, you also get the visibility of our newsletter, which reaches the highest-quality minds in crypto. This is relevant for marketing and product launches.

      Additional Points: Iterating on product ideas (Hedgey) AMA with community (Maple Finance) Hosting live events (Axie Infinity, YGG, Magic Eden)

      Second, network. With VCs or Angels, you get one firm or one person. With GCR, you get a full community and the network that comes with 7,500+ passionate crypto-native members. GCR has held events with, and has access to, the founders of Axie Infinity, YGG, and Magic Eden (the #1 Solana NFT Marketplace). GCR has also hosted NFT artists and creatives such as Bruno Urli, Sarah Meyohas, and LATASHÁ. On the DeFi side, with the founders of Maple Finance, TracerDAO, and Apricot Finance. This is relevant if you’re looking for partnerships, introductions / advice, or access to additional fundraising down the line.

      GCR_1-Pager_2022.07_vSend.pdf