utopianfuture (OP)
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January 19, 2014, 07:41:15 PM
Last edit: January 19, 2014, 08:50:08 PM by utopianfuture |
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This is a follow-up voting to our first voting on the 9 million common fund here https://bitcointalk.org/index.php?topic=418695.0So I think the consensus is that we should have a funding committee sooner or later. But imho, we need to define what kind of authority that funding committee could have on the common fund before we can move on to the next step to vote for individual members of the funding committee. I would suggest to think about it in this framework. On the one hand the committee would make plans to spend the funds in details, the committee will then select qualified people to carry out each detail ventures, they would also monitor each project in details. On the other hand, the committee could follow my principle of "open bounties" as outlined here https://bitcointalk.org/index.php?topic=345619.msg4604220#msg4604220. The idea is that the funding committee would only have the right to approve or disapprove when a project is submitted for a bounty. Project owners would have to present the project itself in a feasible way to persuade the community and the committee funding accordingly. A project will be funded if it get the majority of funding committee votes. Funding committee member cannot vote for her/ his own project The third option is not to have a committee. So basically every single new projects, small or large would have to get the community consensus before getting funded. It could work but could be very time consuming. Voice it if you have some other opinions. Note: Criterion for being a committee member could be discussed later but don't expect that committee member are being paid. It is very likely to be a volunteer work so think about it when casting your votes. It should also be clear that an independent treasurer will have the responsibility of holding the fund and acts according to the community of funding committee's decision. For now our treasurer is Come-from-beyond. |
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salsacz
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January 19, 2014, 07:55:44 PM
Last edit: January 19, 2014, 09:23:26 PM by salsacz |
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I agree with the open bounty system, when committee needs to approve submitting for a bounty.. These tables are very similar: * 10 NXT donation to new nxters for basic testing
* 100 NXT reward for minor NXT promotion
* 1000 NXT graphics, branding, major promotion etc.
* 10000 NXT minor development, larger graphics work, applets, wide media promotion etc.
* 100000 NXT larger development / significant projects funding, milestone events
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erik__
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January 19, 2014, 07:56:32 PM |
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I voted for detailed plans, but I like the bounty system too. Hopefully bounties will have some earmarked funds in any detailed plans.
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pinarello
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January 19, 2014, 07:58:49 PM |
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Only if members of such foundation are NOT paid.
can you please make that clear that it would be a commitee that is NOT paid in any way.?
thank you
Pin
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NxtChg
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January 19, 2014, 07:59:22 PM |
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Can we divide the funding 50/50 for both ways?
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utopianfuture (OP)
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January 19, 2014, 08:00:01 PM |
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Only if members of such foundation are NOT paid.
can you please make that clear that it would be a commitee that is NOT paid in any way.?
thank you
Pin
Sure committee members should not be paid. |
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pinarello
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January 19, 2014, 08:00:31 PM |
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Only if members of such foundation are NOT paid.
can you please make that clear that it would be a commitee that is NOT paid in any way.?
thank you
Pin
Sure committee members should not be paid. thank you |
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Anon136
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January 19, 2014, 08:02:51 PM |
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bounties put the incentives in the right place
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? |
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EvilDave
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January 19, 2014, 08:09:50 PM |
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Open bounty, volunteer commitee. If a whale wants to reward them somewhere down the line, fine, but it shouldn't be a case of "let me on the commitee, give me some of that lovely free NXT"
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Damelon
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January 19, 2014, 08:15:54 PM |
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Voted 2, but am a proponent of a hybrid version: funding committee plans and has its own agenda ánd gives out funds to open bounties.
Otherwise we will keep having problems that marketing efforts will be largely uncoordinated.
Open bounties are a good idea, and need to be there, though, if only as a means to get as many people involved as possible. Some people don't like to work in a team environment, and we shouldn't force them.
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utopianfuture (OP)
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January 19, 2014, 08:23:27 PM |
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Voted 2, but am a proponent of a hybrid version: funding committee plans and has its own agenda ánd gives out funds to open bounties.
Otherwise we will keep having problems that marketing efforts will be largely uncoordinated.
Open bounties are a good idea, and need to be there, though, if only as a means to get as many people involved as possible. Some people don't like to work in a team environment, and we shouldn't force them.
I think version 2 could include version 1. For example salsacz could ask for a big marketing bounty and when it is approved she can plan and implement it in details. So we decentralized detail decisions to project and bounty owners. |
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salsacz
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January 19, 2014, 08:24:38 PM |
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Voted 2, but am a proponent of a hybrid version: funding committee plans and has its own agenda ánd gives out funds to open bounties.
Otherwise we will keep having problems that marketing efforts will be largely uncoordinated.
Open bounties are a good idea, and need to be there, though, if only as a means to get as many people involved as possible. Some people don't like to work in a team environment, and we shouldn't force them. yes, there could be a bounty for: "Planning, coordinating and executing marketing campaigns" (something like this) (it actually is written in the table - organising campaigns) |
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Damelon
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January 19, 2014, 08:28:12 PM |
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Voted 2, but am a proponent of a hybrid version: funding committee plans and has its own agenda ánd gives out funds to open bounties.
Otherwise we will keep having problems that marketing efforts will be largely uncoordinated.
Open bounties are a good idea, and need to be there, though, if only as a means to get as many people involved as possible. Some people don't like to work in a team environment, and we shouldn't force them.
I think version 2 could include version 1. For example salsacz could ask for a big marketing bounty and when it is approved she can plan and implement it in details. So we decentralized detail decisions to project and bounty owners. Works for me. Basically the "coordinated" marketing is as much a project as any others. No need to give it higher status. That just leads to epithets like "official". Thanks for helping me get that straight. Been racking my brain to formulate, but it's been a long day  |
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loopgate88
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January 19, 2014, 09:05:20 PM |
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Works for me. Basically the "coordinated" marketing is as much a project as any others. No need to give it higher status. That just leads to epithets like "official". Thanks for helping me get that straight. Been racking my brain to formulate, but it's been a long day Don't be afraid of higher status. Official can be a good way to differentiate between similar groups. |
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Bitventurer
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January 19, 2014, 10:07:16 PM |
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bounties the way to go...  "... the big stake holders that wont contribute and fund bounties will be punished by the Universe aka Karma" ~ Mesay |
SP8DE - The Game of Chance. Changed.
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okaynow
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January 19, 2014, 10:39:21 PM |
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don't expect that committee member are being paid.[/b][/color] I would like to see something along these lines implemented. |
1PeecNu1J8VNKpgR13nasMZWLcMZrwNJfc |
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apenzl
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January 19, 2014, 11:39:08 PM |
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Voted 2, but am a proponent of a hybrid version: funding committee plans and has its own agenda ánd gives out funds to open bounties.
Otherwise we will keep having problems that marketing efforts will be largely uncoordinated.
Open bounties are a good idea, and need to be there, though, if only as a means to get as many people involved as possible. Some people don't like to work in a team environment, and we shouldn't force them. yes, there could be a bounty for: "Planning, coordinating and executing marketing campaigns" (something like this) (it actually is written in the table - organising campaigns) with this in mind +1 for open bounties. We have a segmented global marked to embrace. I see no better solution. "Locals" should have better knowledge of how to reach their countrymen/communities/subculture than a closed committee. Or maybe not  So they will have to convince the committee of their bright ideas, talent and trustworthiness to (maybe) get funded. Or finance it otherwise. The funding committee must gather incoming ideas and plans, evaluate them, and see how they fit into their overall plan for NXT marketing. And this "overall marketing plan" I believe is just as important as selecting who the members of the committee will be. We could select candidates for the committee by their trust, their proof of talent and "personality", and/or members should be obliged to follow a general plan, that the community has agreed to. How do we make sure, that the committee is representing the will of the community? Do we care about that (development is for developers, marketing for marketeers)? I believe in open minds + project management, balls of steel (in need of a better word) when it comes to handling money, and a massive decentralized effort. |
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VanBreuk
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January 20, 2014, 01:55:58 AM |
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Open bounty for me too, all the way.
It's an excellent way to encourage development and to reward reliable, genuinely interested people who understand that helping to improve the community and obtaining some returns go hand by hand.
Then it's up to the comittee to deliver bounty in stages to optimize the efficiency of bounties, to open polls when necessary, etc.
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Uniqueorn
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January 20, 2014, 02:00:30 AM |
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Only if members of such foundation are NOT paid.
can you please make that clear that it would be a commitee that is NOT paid in any way.?
thank you
Pin
Sure committee members should not be paid. thank you Yeah, why would we pay the guys who do all the organizing, finding the talents, handing out tasks, coming up with tasks, beta-testing projects, proof checking everything and do most of the work. That'd be crazy |
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allwelder
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January 20, 2014, 02:42:56 AM |
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I like the second too.  |
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