ZOMG whitepaper v1.0

The ZOMG whitepaper: how we see the world

The 5-member ZOMG has been hard at work since November 2020, when we were formally established. We have vetted numerous proposals from the Zcash community since, and awarded grants to a wide variety of grant applications.

This whitepaper is an attempt to communicate the kinds of projects we would like to see apply for grants going forward, and to share the way we look at the world. It started out as a simple grant framework, and evolved into a whitepaper-style document as we felt that we needed to communicate the way we see the world in order for any grant framework to be coherent.

For builders and doers in the Zcash community, we encourage you to refer to this document as you think about what to build. The grant project ideas here have been reviewed by the Zcash Foundation and the Electric Coin Company, meaning that projects suggested in this document are likely to be value-adding to Zcash.

The whitepaper is currently in draft format, and we are seeking feedback and suggestions from the community. Please leave your comments on the Zcash community forums on this thread. We have a rough goal of finalizing version 1.0 by the end of summer 2021, if not sooner.

This post was originally posted on the ZOMG website.

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It doesnt say anywhere what denomination I should use for calculating funds needed. Can I use GBP?

For example if use GBP to price a proposal, do I then get the ZEC at the current GBP price or the GBP converted to USD then that ZEC price?

For the stuff I am currently doing it went USD price to ZEC to GBP. This might not sound like much but it incurs extra cost for the recipient. Some projects might need to know this info in advance. Especially when the majority of a projects budget is going to external companies/contractors.

I think on this point we’d leave it up to Zcash Foundation, since they’re handling the logistics.

They might want to keep things simple and only do ZEC and USD for the time being, but perhaps you could ask them as a grantee what the options are?

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