Proposer: BZ (Derek) / Fabcrowd Ventures LLC
References:
- Original Proposal: Expanding Council Meeting Coverage
- Original Proposal: Meeting Host Transition Platform
Purpose
Following Council guidance to request funding for operational costs and service fees related to expanded meeting coverage, this request includes:
- Necessary software subscriptions for streaming and meeting hosting
- Professional service fees for streaming, hosting, and editing via Fabcrowd Ventures LLC (BZ / Derek)
To support this effort, we propose leveraging Google Workspace Business Plus, which provides critical enhancements for hosting high-capacity, professionally managed governance meetings.
###Google Workspace Business Plus Benefits
- Host up to 500 participants per Google Meet session
- Meeting recording saved directly to Google Drive
- Attendance tracking and post-meeting reports
- Breakout rooms, polling, and Q&A tools
- Enhanced moderation controls and co-hosting capabilities
- Enterprise-grade security and admin controls
Disclaimer: Verified nonprofits, including the Telcoin Association, may be eligible for discounted Google Workspace pricing (approximately $5/month per user) through the Google for Nonprofits program. Should the Association choose, it can subscribe directly to Google Workspace Business Plus at this discounted rate. This proposal’s pricing is based on Google Workspace’s retail rate and includes the full $18/month cost as part of Fabcrowd’s expenses.
Cost Breakdown
| Item | Description | Cost (USD) | TEL Equivalent |
|---|---|---|---|
| Restream Standard Membership | Multi-platform streaming (Standard tier) | $16/month | ~4,000 TEL |
| Google Workspace Business Plus | Meeting hosting (500 participants, recording, etc.) | $18/month | ~4,500 TEL |
| Option 1: Service Fee – Retainer | Unlimited streams & edits per month | $450/month | ~112,500 TEL |
| Option 2: Service Fee – Per Stream | Per individual stream (1 hr stream + 1 hr editing) | $100/stream | ~25,000 TEL per stream |
TEL price assumed at $0.0040 USD for conversion
# Payment Options
Option 1: Monthly Retainer
- $450 USD / ~112,500 TEL per month service fee
- Covers unlimited streams and edits
- Includes all streaming, editing, coordination labor
- Includes Restream + Google Workspace software costs
Total monthly cost: $484.00 USD / ~121,000 TEL
(Service fee + Restream + Google Workspace)
Option 2: Per Stream
- $100 USD / ~25,000 TEL per stream (1 hour streaming + 1 hour editing)
- Software cost prorated if not using retainer:
| Software | Monthly Cost (USD) | Cost per Stream (Assuming 6 streams/month) | TEL Equivalent per Stream |
|---|---|---|---|
| Restream | $16 | $2.67 | ~667 TEL |
| Google Workspace | $18 | $3.00 | ~750 TEL |
Total cost per stream (service + prorated software): $105.67 USD / ~26,417 TEL
Assuming 6 streams/month:
| Component | Cost (USD) | TEL Equivalent |
|---|---|---|
| Service Fee | $600 | ~150,000 TEL |
| Software Fee (Restream + Google Workspace) | $34 | ~8,000 TEL |
Total monthly cost: $634.00 USD / ~158,000 TEL
Value Comparison
| Service | Industry Avg (Low) | Fabcrowd Rate | Savings |
|---|---|---|---|
| Live stream + editing/event | $150–$300+ | $100 | ~33%–66% discount |
| Monthly coverage (~12+ hours labor) | $750–$900+ | $450 retainer | ~40%–50% discount |
| Software (Restream + Google Workspace) | $34/month | Included | Full value absorbed |
Sources for Industry Pricing
- Freelance Video Editor Rates (Upwork): https://www.upwork.com/hire/video-editors/
- Live Stream Event Pricing: https://help.eventlive.pro/en/articles/6027906-how-much-does-it-cost-to-live-stream-an-event
- StudioBinder Streaming Cost Overview: https://www.studiobinder.com/blog/live-streaming-cost/
- Restream Pricing: Pricing Plans | Restream
- Google Workspace Nonprofit Pricing: https://support.google.com/nonprofits/answer/7557093
- Google Workspace Retail Pricing: https://workspace.google.com/pricing.html
Summary
Fabcrowd Ventures LLC is offering streaming and editing services at a significant discount compared to industry averages. This includes professional-grade multi-platform streaming, high-participant meeting hosting, content archiving, and full service labor.
The full retail cost of Google Workspace Business Plus is included in this proposal and will be paid by Fabcrowd Ventures LLC as part of the service contract. The Telcoin Association may choose to subscribe separately at a discounted nonprofit rate but that cost is not reflected here.
Request for Funding Approval
Please review and approve one of the above funding models to ensure continued high-quality coverage of council meetings and a stable, scalable platform for decentralized governance.