Major Grants Review Committee Candidates MEGATHREAD

I believe folks are over-analyzing the role of the MGRC.

Their job would be to:

  1. Read each proposal.
  2. Assess whether the proposal is positive for the Zcash ecosystem.
  3. Perform due diligence on the proposer’s ability to deliver.
  4. Assess whether the amount being asked is fair for the work to be performed.
  5. Attend a few virtual meetings to discuss the above and vote.
  6. Announce the approvals/disapprovals of each proposal.

I really don’t understand any discussions about forming some kind of entity, having secretaries, paid positions for full-time employees etc.

The funds are being disbursed by the Foundation, so, essentially, the only thing the MGRC needs to do is tell the Foundation where to send those funds.

Please don’t try to make it sound that the MGRC is something else or, even worse, force it to become something else in hopes of financial gain, power grab or other agendas.

The MGRC should be dead simple. Some folks are elected by the ZCAP each year for a 1-year term. They spend some time doing the 6 things I mentioned above (that being part-time or full-time is something we will find out as a community and adjust accordingly). At the end of their 1-year term, the ZCAP elects a new MGRC. Rinse and repeat.

I understand that the money to be disbursed is a lot (and potentially A LOT MORE) but this doesn’t change the simplicity of the MGRC or its goal.

Please keep it real and don’t ruin this wonderful idea and opportunity of having a MGRC.

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