Chandra: Our focus is to make sure that people who deserve funding get it from $100 to $100,000.
Max: Decisions should be made by the community.
Gunjan: Agreed
Tom: Get an eye on promising projects and developers coming up in the community.
Tyler: Raise awareness and build the community
Ethan: Increase the number of developers involved in the community.
Adam: Agreed. Foster new projects.
Boz: Mission statement should be narrow in focus on the projects that we are funding to contribute to the growth and adoption of the network. Examples include Akashlytics and Deploy UI tools.
Derek: Agree
Adam: Agree. Spurring innovation in the decentralized cloud across the Cosmos ecosystem
Eric: Agree
Community Awards Board
Nominations for new CAB Members
Colin Pollen - accepted, attended
Chandra Station - accepted, attended
Max / baktun - accepted, attended
Gunjan Walecha - accepted, attended
Tom Beynon - accepted, attended
Ethan Kravitz aka Ethos - accepted, attended
Maddie - accepted, attended
Sara Sioux - accepted
Should we cap the number of board members?
Boz: We should work on the process before expanding. We may want to have representatives from other communities such as Cosmos, Solana
Requirements for CAB Membership
Attending meetings
Voting on Project Proposals / Grant Applications
Activity on the Forum
Funding for Developers
Proposal was passed and 100,000 AKT was sent
Chandra: We want the CAB to make decisions on 10k or more. We do not want to make developers wait to get started
Ethan: We should require them to write a proposal to show they are committed to building.
Kelsey: Agreed, we want them going through the different phases and showing some level of commitment.
Derek: Does the Akash open source network want to compete with AWS and DigitalOcean?
Colin: Note that our competitors offer $100 of credit to all developers with a GitHub account for free.
Chandra: I feel the proposal was not meant for all developers.
Ethan: I feel the same about the proposal.
Eric: It seems to me that this fund is for improving the quality of the community rather than anyone off the street.
Colin: Sounds like the consensus is to only give $100 to developers with a project proposal.
Maddie: We don’t have a Testnet at this point. Getting 5 AKT would be enough to get them started.
Ethan: Is there a cap on this? Colin: There could be 1000 new developers.
Eventually, we came to an agreement. Initially small submissions ($100–$1000) will be internally managed by Akash, and funded through the Akash treasury. The next stage, larger funding submissions ($10,000+) will be managed through a committee, and funded through a multi-sig wallet managed by those committee members.
After Jack, and other validator(s) agreed to this, we approached the Akash team and they agreed as well. So in the next day or so, we plan to amend our proposal to reflect the new plan. This satisfies Jack’s desire for decentralized/ committee governance, ours for efficiency in phase 1/ small submission requests.
Moving forward, we are making a call to action for other Validators to get involved in this process. It was a pleasure to meet some of our Validator friends today, and we hope more of them reach out to get involved in the committee, or even just to say hello.
Discussion
Ethan: I would like the CAB to focus on larger awards. A Faucet should be built and funded by Akash not the CAB. I agree that we should make it a quick process to get $100 but not make it as simple as a Faucet. We want to know how much will go to the smaller grants. We should look at a breakdown of the funding to be spent by tier.
Max: Maybe we can do partial payments. Will milestones be required for $10k or just $100k? Colin: up for discussion.
Ethan: We agree but also think it should be in different wallets
Gunjan: Agree larger amounts need votes
Maddie: Agreed with Gunjan
CAB Meeting cadence and next meeting date.
##Weekly or monthly?
1.Maddie: Let’s meet more often than monthly to start.
Thanks a lot for the summary colin!
I have one question for future meetings: Are all interested community members allowed to join the CAB Meeting or is this only for CAB Members and we have to wait for the summary/video?
Hey @colin.lowenberg@zJu i dont want to come off as rude but I think the meetings should be restricted to CAB members and recognised community members (maybe we add them on the board too). Adding more people on the call can introduce a lot of friction and also makes the call longer.
Hey Jasdeep, we appreciate your comments. We also do not want to waste any time! Rest assured community members that join will have to be clear and concise if they are given time to speak. The meetings will not be community lead although everyone’s opinion is valuable! If more members are added to the board they will most likely be added as advisors and not contributing members to the actual CAB vote. We would like to save the open seats for members that will really add value to the governing board!