{ "@context": { "CIP100": "https://github.com/cardano-foundation/CIPs/blob/master/CIP-0100/README.md#", "hashAlgorithm": "CIP100:hashAlgorithm", "body": { "@id": "CIP100:body", "@context": { "references": { "@id": "CIP100:references", "@container": "@set", "@context": { "GovernanceMetadata": "CIP100:GovernanceMetadataReference", "Other": "CIP100:OtherReference", "label": "CIP100:reference-label", "uri": "CIP100:reference-uri", "referenceHash": { "@id": "CIP100:referenceHash", "@context": { "hashDigest": "CIP100:hashDigest", "hashAlgorithm": "CIP100:hashAlgorithm" } } } }, "comment": "CIP100:comment", "externalUpdates": { "@id": "CIP100:externalUpdates", "@context": { "title": "CIP100:update-title", "uri": "CIP100:uri" } } } }, "authors": { "@id": "CIP100:authors", "@container": "@set", "@context": { "name": "http://xmlns.com/foaf/0.1/name", "witness": { "@id": "CIP100:witness", "@context": { "witnessAlgorithm": "CIP100:witnessAlgorithm", "publicKey": "CIP100:publicKey", "signature": "CIP100:signature" } } } } }, "authors": [], "body": { "comment": "I have debated between abstain and yes for this proposal for a while. I recognise the need for a funding mechanism that complements Catalyst, that allows more established projects to receive development funding that doesn’t detract from Catalyst’s role as an innovation engine for new and smaller projects. I also appreciate that it could be too much to expect each and every project to seek treasury funding every time that they have a proposal for new products or features. This increases administrative burden on both the developers and DReps/CC.\n\nHowever, I also respect that cryptocurrency is usually about removing/reducing middlemen and this approach also reduces the ability for DReps to have a say in what gets funded. Similar to my rationale for the Paid Open-Source Model proposal though, I feel that this does fill a gap in current funding avenues, allowing developers to focus on building rather than bureaucracy.\n\nWith that said, I will be watching the performance and outputs from this DAO going forward before committing to future funding.\n\nWhile not originally one of my selections during the Ekklesia budget reconciliation process, I have decided to vote in favour of funding this proposal at this time." }, "hashAlgorithm": "blake2b-256" }