This seems like an exceptionally high amount of Rally given past proposed projects. We’ve had a proposal for coin gating for $11,800 USD worth: Proposal: Gate Content using any Rally Coin - #34 by jennifer_tran
A proposal for $8,760 USD worth: Proposal: Gate Clubhouse Rooms using Creator Coins
And a proposal for 96,000 RLY over the course of 6 months: Proposal: New Media Opportunity That Can Help Grow the Rally Creator and Social Token Economy - #5 by voicebot
All of these seem reasonable for what’s being provided, and as a non-creator I can see how the Rally community as a whole will benefit more than it costs. A lot of what appears to be on Bonfire so far is just re-creations of pre-existing free tools like the Discord bot and Campaigns. I don’t mean to criticize the project, but I’m not keen on paying for something I already have, even if their version does look a lot nicer and easier to use. Also the tools seem to be entirely catering to creators and not anyone else in the community; sure I benefit if I pick up a coin drop, but what if I want to create my own coin drop of another creator’s coin to advertise my business? Is that possible within the software? That would make it useful to everyone in the community instead of solely creators, and it seems like a very simple modification to make.
Operating under the assumption that the purpose of grants like these is so that developers don’t have to work a second job while building out functionality for the community, I would say that this project as it stands right now is worth around $20,000 USD. It seems reasonable to approve up to another $20,000 USD (or $40,000 total) if necessary to get the software to a point where it can support itself. Anything more than that starts to seem like the community is buying the software outright rather than supporting developers while they build their project.