Launching the Zcash Minor Grants Program by ZFND

Looking for public opinion on one idea I have:

Finance courses for under-privileged teens and young adults in Indonesia. Think https://electriccoin.co/crypto-in-context/ but with those who has dropped out of school but now trying to finish their high school diploma. Will probably be focused on personal finance with some intro contents to Zcash.

Based on napkin math, I believe this will be $5000 max with 4 or 5 sessions as deliverables. Initial target is 10 students aged between 15 to 25. Confident we can attract 20 students if we can provide $20 stipend per class for each student, covering their transport and lunch.

I promise I will act on this idea if this post gets more than 10 likes before next weekend (until March 3rd 2023).

Edit: as promised I have submitted a proposal based on this idea for the minor grants :wink:

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Great concept, Cheers Zcash Foundation

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Absolutely worth, also as a pilot for other similar grants.

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This is awesomely awesome

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Applied :grinning:

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Thank you for your excellent initiatives, but no offense, I am sad to see how inefficiently we continue to spend the funds, given the current coin prices. We are firing a cannon at sparrows.

I really appreciate everyone’s contribution, but the narrative “we have money for development” is melting at 10% a day. And we ourselves push prices into the abyss when we lay down expenses requiring the sale of ZEC for dollars.

Maybe just buy an advertising budget from Google to show this video to an unlimited number of people? In my opinion, this is much more effective, based on the number of people who would know about cash for $1 spent.
People who invest their finances in the purchase of ZEC are very upset about the current situation in the market and some grants looks like they are just donating money.

PS As an ambassador, I haven’t sold a single coin in a year of work, because I have other incomes and can afford it. So that you understand how much I doubt the need for budgeting projects at current prices, I wrote this question:

Let’s discuss this. ZEC is not a cash cow.

UPD Correction, when I wrote “we continue to spend inefficiently”, it does not mean that the accepted grants are not effective. I don’t think so at all. I mean precisely the inefficiency of converting ZEC into dollars at current prices.

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Did the deadline get extended? I could have sworn I read that somewhere just yesterday maybe

I second this point! Regardless of the presumed short- and long-term value of a proposed project, we’ve also got to be highly disciplined and respectful to where ZEC is valued by the market, and how much fiscal irresponsibility we are undertaking by releasing community ZEC at depressed market rates.

An interesting thought experiment would be to whiteboard an idea about a ZCG community funds auto-furlough, where for example, under any market conditions where ZEC are market trading at 30% or more beneath the weekly 200 moving average, then all grants approvals and ZEC spend are suspended until the ZEC valuation returns.

For the current outlay, ZEC has a weekly 200 moving average at approximately $90 and 30% less would be $60. By the logic of an auto-furlough policy, the ZCG will place any new grant approval and spending on hold until ZEC have regained $60 per coin of value.

The exact measures and static numbers should be debated. Using 50% as a second example, the auto-furlough level would be around $45.00 per coin.

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I do not know which option would be correct. But it looks like a financial protocol. Any structure that has a budget must have a financial protocol, otherwise it is our common naive irresponsibility.

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today is the day, 3rd april when the list of projects get published. if you could share the link here seeing the list that would great. let the best win :slight_smile:

We have published the list of grant applications that will be submitted to ZCAP for approval:

The ZCAP poll will open later today, and will close at 09:00 UTC on 17th April 2023.

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Great to see those proposals, and I liked the format/layout, very neat to read!

Will there be another batch for more people to create proposals for Minor Grants?

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Great @Dodger , thanks for the swift reply.
kindly let me know where to find the poll. cheers

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@Dodger or is it the numbers next to the title?

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The numbers near the links are just a counter how many times the link has been clicked.

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Good luck to everyone!

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Great news! Good look to all the zcashers! :crossed_fingers: :crossed_fingers: :crossed_fingers:

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In autodictation :open_book: :robot: :speaker:

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Dear Community and Voting Members,

to support my application, kindly see the updated Minor Grant Proposal - Tilmar Goos

Sneak Peak on my written research The Data Dilemma and its Relevance in Human Science

Live Lecture: Institutional Staking, the Future of Blockchain Banking Products

I voluntarily Chair the Working Group Education of the Crypto Valley Association and initiated in 2022 a Call For Paper on “Opportunities and Challenges: The Future of DeFi in Traditional Finance”. Here you can find the resulting Research Journal 2022. In April 2023, I will announce the theme of this years CVA Research Journal.

I was invited to the Podcast Swiss Road to Crypto to speak about my concept of Algorithmic Anthropometry

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