# Major Grants Review Committee Candidates MEGATHREAD

**URL:** <https://forum.zcashcommunity.com/t/major-grants-review-committee-candidates-megathread/36472>\
**Category:** Governance\
**Created:** [May 10, 2020, 7:33pm UTC](https://forum.zcashcommunity.com/t/major-grants-review-committee-candidates-megathread/36472 "2020-05-10T19:33:11Z")\
**Posts on this page:** 1\
**Showing post:** 396

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**Author:** ![sarahjamielewis](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/sarahjamielewis/32/15152_2.png) [@sarahjamielewis](https://forum.zcashcommunity.com/u/sarahjamielewis)\
**Post date:** [September 19, 2020, 5:27pm UTC](https://forum.zcashcommunity.com/t/major-grants-review-committee-candidates-megathread/36472/396 "2020-09-19T17:27:15Z")

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> [@jmsjsph](#):
>
> 3 of 5 elected already get Zcash directly from ZF, none indicated any hodling.

To correct a misconception I thought I had already corrected, I believe I’ve already linked you to Open Privacy’s 2019 annual report (as let’s be clear again I, personally have never directly received Zcash from ZF. Open Privacy, an organization I am affiliated with, received a single donation - these are different things).

In any case, if you want to continue under the assumption that myself and Open Privacy are synonymous (this would be incorrect…Open Privacy is its own legal entity, governed by an independent board…but regardless…)

In the report I linked is a link to our financial statements ([https://openprivacy.ca/assets/reports/2019/NttR-Open%20Privacy%20Research%20Society%20February%2010,%202020.pdf](https://openprivacy.ca/assets/reports/2019/NttR-Open%20Privacy%20Research%20Society%20February%2010,%202020.pdf)) which states that as of February 2020 Open Privacy maintained short term investment positions (i.e. cryptocurrency holdings) of $115,870 - much of that is still in Zcash. Also worth noting that Open Privacy has also accepted donations in Zcash long before we received one from ZF, so we’ve been managing such assets for a little while now. (And as noted previously, I’ve personally been running at least one full node since launch day). Which ever way you cut it personally or professionally I do have an interest in seeing Zcash succeed.

Indeed, the long term value of cryptocurrency holdings is something that I spent a lot of time as Executive Director concerning myself with, as I mentioned in my candidacy thread:

> [@Sarah Jamie Lewis announces her candidacy for the Major Grants Review Committee](https://forum.zcashcommunity.com/t/sarah-jamie-lewis-announces-her-candidacy-for-the-major-grants-review-committee/36516/84):
>
> This is something I have a lot of experience with at my job at Open Privacy. We receive donations in ZEC as well as BTC and XMR. We have to plan and commit to months of expenses based on our current price knowledge and forecasts. It is something I’ve spent a lot of time thinking about and [prototyping tooling](https://twitter.com/SarahJamieLewis/status/1226343950627160064) something I’ve learned is that there is no right answer. The future is fundamentally unpredictable.

Finally:

> [@jmsjsph](#):
>
> 5 of 5 are part-time…

The path towards fixing this issue (and I agree it is likely an issue impacting the efficacy of the MGRC) has already been laid out in the thread, I look forward to reading the ZIP that fixes this.

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