Proposal: MetaFactory Collection Launch

TL;DR—MetaFactory’s Berlin studio develops, produces, launches, and merchandizes our first full clothing collection. Since we are pivoting to project-based work and compensation, this establishes clear KPIs and a roadmap for the Berlin studio; we believe that catering to the fashion world / luxury streetwear market will also provide healthy diversification during these tough market conditions.

This project has a 3-month scope, starting from 15 June 2022 and ending on 15 September 2022.

1. Project Summary

PART I


We will oversee the designing, material sourcing, and production of a complete range of custom cut & sewn 100% cotton jersey blanks.

We intend to produce these in Berlin as that is one of our main USPs; target production cost will determine whether that is possible. Backup is to produce in EU regardless.

PART II


We will design a full collection of MetaFactory branded merch, using these blanks. It will be a curated collection leveraging in-house design talent, and provide enough evergreen styles to fill out a dedicated (new) section on the web store.

PART III


We will take care of all the product styling (photographs and renders) and provide final assets and layout for the store.

2. Project Outcome

Our priority is to make MetaFactory relevant outside of web3, specifically targeting a high-end streetwear crowd (customer base of brands like Brain Dead, Supreme, Advisory Board Crystals, S.R.Studio, etc.)

LONG TERM


  1. We envision Metafactory at future events having a full collection of Metafactory branded products to take even greater advantage of the retail opportunity.

  2. This collection sets the stage for special releases: MetaGear, 1/1, upcycled. A consistent, high quality, evergreen offering is the missing link to take customers from our print-on-demand beginnings to exclusive items.

  3. Refining the image of our brand and proving that we can drive sales in these market conditions will make MetaFactory more appealing to investors, when the time comes to pitch again.

Our USP’s are:

  • Made in Berlin label
  • Community-owned and designed
  • Linked to blockchain via KONG chip
  • Comes with wearables*

*We will provide 3d assets to M3 since we do all of our prototyping in-house in CLO3d

We are focusing on smart and relevant design, tight curation, and quality construction to position MetaFactory as best as possible for new market capture, as well as revitalizing community buzz.

3. Outline of Tasks

Garment Development | Lead - Cory; Contributors - Wes, Wero*, Z* Ben*

  • Research, technical drawings, CLO3d modeling, tech packs, communication with manufacturers, fabric sourcing, logistics

Graphic Design | Lead - Franchesko; Contributors - Wes, Z*, Jay*

  • design and market research, artwork for prints, branding

Merchandising + Creative Direction | Lead - Franchesko; Contributors - Cory, Wero*

  • photoshoots, product styling, curation, social media

Studio Manager + Project Author | Lead - Wes

  • communications, authoring docs like this ^^ + wsc.fyi, studio maintenance, financing, project initiation, DeWork updates, networking, etc.

*part time contributors are listed here for full transparency and to ensure that they are fairly compensated. We expect this to happen through DeWork or Coordinape and will discuss upfront. This proposed budget ensures the full-time commitment of Wes, Franchesko, and Cory only.

4. Deliverables & Timeline

PRODUCTION


Design Mockups / Final Selection | by 24 Jun 2022

  • Finalize a set of graphics to customise the garments. 4 to 5 different designs to be applied through screen printing, embroidery, woven tags, and hand-stitching.

Fabric Sourcing / Final Selection | by 15 Jul 2022

  • Ordering samples of fabrics, confirming selections, and price calculations

Production Sourcing / Planning | by 15 Jul 2022

  • Sourcing trims and labels in addition to planning production

Pattern Development / Tech Packs | by 15 Jul 2022

  • Draft and adjust patterns. Create tech packs for production

Garment Sampling / Final Adjustments | by 24 Jul 2022

  • QC, Fittings, testing print, embroidery on samples*
  • *we may do this DTG just to have the graphics done for merchandising since sampling screen printing is cost-prohibitive.

Retail Production | 12 Aug 2022

  • Placing MQ order of full collection so that we can book a production slot. Organizing the best combination of colors and design to minimize upfront inventory.

Finishing (Printing, Embroidery) | 1 Sep 2022

  • we outsource the screen printing to our neighbor, Wolfgang
  • all embroidery done in-house

MARKETING


Merchandising | 30 Jun 2022

  • Design of custom box + unboxing experience.

Social Media | start 1 Aug 2022

  • Unofficial BTS photos teasing the production of a new line. This would go in tandem with the “reboot” of our Instagram feed
  • Official Photoshoot with Street Casting in Berlin
  • Product Shots for the website + CLO3D files
  • Based on response, bi-weekly content to push sales of the garments.

Store Page Setup | 15 Aug 2022

  • Countdown? Having everything ready so that we can guarantee a launch date. That means site back end, front end, etc.
  • offer blanks for custom embroidery (limited)

5. KPIs

Social Media Sales

  • Engagement metrics, Shopify directs

Press / Influencers

  • Garments featured on high clout profiles and/or some article of press outside of our immediate community.

  • PR “airdropped” packages

Community Updates

  • Monthly community call field-trip / update from the studio.

First MetaFactory Collection

  • Product and marketing from start to finish. A fully realized campaign, according to fashion standards.

New and/or Bolstered Partnerships

  • Attract new partners or bring partners back because we establish ourselves as the best

Focused Content for Investors

  • Case study / something very tangible and focused to bring to the pitch deck table.

6. Budget

These costs do not include retail production, i.e. they will bring us to the point of having a set of physical samples on hand.

  • :arrow_down_small:RUNNING COSTS—MONTHLY—1685 EURO


    Baseline

    TOTAL 1505 EUR
    Rent 1200 EUR
    Insurance 100 EUR
    Upkeep + Basic Amenities 75 EUR
    CLO3d Subscription 50 EUR
    Adobe Suite Subscription 50 EUR
    Figma Subscription (2 users) 30 EUR

    Materials

    TOTAL 60 EUR
    thread, paper, stabiliser 30 EUR
    fabrics 30 EUR

    Logistics

    TOTAL 120 EUR
    Shipping (general ops) 120 EUR
  • :arrow_down_small:LABOR COSTS—MONTHLY—4000 EUR + 360 $ROBOT


    Team

    TOTAL (7200 EUR) 4000 EUR 360 $robot
    Maruko, 1 day/week 400 EUR 400 EUR 0 $robot
    Cory, full-time (2400) EUR 1200 EUR 120 $robot
    Franchesko, full time (2400) EUR 1200 EUR 120 $robot
    Wes, full-time (2400) EUR 1200 EUR 120 $robot
  • :arrow_down_small:PROJECT COSTS—UNIQUE—2050 EURO


    Itemized

    TOTAL 2050 EUR
    industrial pattern conversion 500 EUR
    Sampling 1000 EUR
    Logistics 250 EUR
    Fabric & Trims 300 EUR

:arrow_forward:TOTAL PROJECT BUDGET = 19,105 EUR + 1,080 ROBOT

This budget is fully comprehensive to see this project through from start to finish, even if the project extends beyond the three month timeframe. At the end of it, MetaFactory will have an entire collection, store section, product shots, and everything else listed above in the project scope.

The Berlin studio will also continue to uphold its other duties and build-outs, like developing the MetaGEAR line, continuing with BANKLESS collection, Loot production, participating in the Crowdmuse cohort, supporting Rickard’s OSPP, and generating smart fashion content for wsc.fyi.

Outside the Scope

:x: Retail logistics - we will only fulfill European orders from the Berlin studio if shipping labels can be automatically generated from Shopify.

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