TIP Proposal: Funding for Expanded Council Meeting Coverage

Proposer: BZ (Derek) / Fabcrowd Ventures LLC
References:


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


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.

1 Like

Im curious as to why the streams need to be edited. Couldn’t they just be recorded via zoom and uploaded directly to a Telcoin Council Youtube account? I think I would prefer an unedited video of the meeting.

Certainly an option, the editing that is done is adding subtitles, cutting out any sections where there are mic issues or tech issues, adding in any presented slides, adding timestamps for easy navigation on YouTube, and adding a professional introduction.

The raw version can certainly be uploaded as well if preferred, but would not have timestamps or important clips. People would have to watch the whole hour to get to the information they are looking for.

I should also mention that sub clips of important topics are often edited for ease of posting on social media or drawing reference to a specific topic.

I think we should get this going. I think the monthly retainer is the right option. BZ has been doing this already so let’s get him paid! For the remaining 6 months of the year it would equal around 740k tel. We could use the unclaimed rewards (or whatever other source we come up with) and then the expense could be written into the year 3 budget. If it’s a monthly payment I just would like the tel used to be adjusted to be equal to the $480