Zfnd Board of Directors- Conflict - FPF

Conflicts of Interest can arise in multiple ways. The duality of roles to gain financial resources is a conflict.

The two Financial Privacy Foundation clients have been gained by using this approach.

CONFLICT OF INTEREST

(Alex) Executive Director of Financial Privacy Foundation is being paid as the Chief Operatoring Officer of the Zcash Foundation while gaining resources for the Financial Privacy Foundation. Deidra is an advisor to the Financial Privacy Foundation.

Attendance:

Amber
Brian
GGuy
Jason
Michael
**Alex (ZF resource)**
Dan (ZF resource)
**Deidra M (notetaker)**

Zcash Global <> Zcash Brasil - Jason recapped this grant. This is the Q3 2024 proposal for the Zcash Brazil team. They’re asking for $16,800 for the quarter to expand Zcash’s presence in Brazil and run the Zcash Global Discord channel. The Zcash Brazil project focuses on Zcash adoption through community outreach, educational activities, and the development of tools like Discord bot and educational materials.

The committee discussed splitting the grant cost with FPF, and Alex said that the FPF board was in favor of financially supporting this grant.
Alex said that FPF will donate half the funds, which amounts to $8,400, in a donation to ZCG.

FPF/ZecHub Bounty Grant

ZCG voted via Signal to approve 550 ZEC (500 for program, 50 for admin fee) for FPF to administer the ZecHub bounty program.

The below quotes are of previous concerns shared in a post about the duality of roles. Dated June 27, 2024

@joshs
Thanks Alex, and I totally understand. But in these communications with the community, I believe its important that you are abundantly clear that you are both the ED of FPF and currently a leader and paid employee of ZF.
(source: Proposal: ZCG under FPF - #8 by joshs)

@aquietinvestor
While I share some of @joshs’s concerns about the relationship between FPF and ZF, I believe these issues will be addressed and resolved over time.
(source: Proposal: ZCG under FPF - #8 by joshs)