Community Review of the F10 Catalyst Fund Operations proposal
Saturday Swarm Session on July 22th about the "Catalyst Fund Operations by IOG Catalyst Team" Fund 10 Proposal
Overview
Saturday Swarm Session on July 22th about the "Catalyst Fund Operations by IOG Catalyst Team" Fund 10 Proposal.
Was a spicy discussion. More insights added soon from our friends at QA-DAO & Governance Guild
Issue Board
Issue Board for this proposal - https://github.com/orgs/Quality-Assur...
Timestamps
Introduction to Swarm Sessions - Felix - 00:00
Presentation
PRESENTATION - Stephen - 02:35
Welcome to the Community Review of F10 Catalyst Fund Operations - 03:00
Contents Slide - 03:14
Catalyst Fund Operations Challenge - 03:27
Challenge Questions / Importance of Challenge / Awarding Information - 04:02
Overview of the F10 "Catalyst Fund Operations by IOG Catalyst Team" proposal - 04:35
Preliminary details - 04:40
(Submission date, Problem & Solution Statement, Dependencies)
Dependencies - 05:26
IMPACT
IMPACT - 06:08
What does IMPACT mean ? - 06:21
Proposed Solution - 06:36
(Mission, Intent & Scope, Goals, Stakeholders & Team)
Addressing the Challenge - 07:22
(Delivery commitments, track record of delivery, community collaboration & operational maintenance )
No specific reference to ""a community review" ? - 08:19
Measuring Success - 08:54
(Processing 1,200 funded proposals, collating & publishing data points)
Outputs & results - 10:04
(Newsletters, technical updates, Town Halls and an Annual Impact & Evaluation Report)
CAPABILITY & FEASIBILITY
Trust & Accountability - 10:28
(Legal clarity, Catalyst Funding Vehicle, Milestone proofs & service level agreement. )
Main Goals - 11:16
(1) Operate 3 funds, 2) maintain voting infrastructure, 3) maintain proof of achievement, 4) initiate education, 5) deliver reports & 6) transparency)
Milestones - 11:45
Milestone Outputs & Outcomes - 12:50
RESOURCES & VALUE FOR MONEY
Budget Breakdown - 13:03
Value for Information -- 14:02
How to give feedback - 14:10
Thank You - 14:32
Community Discussion
COMMUNITY DISCUSSION - 14:50
ROUND 1
Entry to a member based organization ? Double Dipping ? - Joey - 15:07
Transparency - Joey - 16:01
Who is involved in IOG Catalyst Team ? - How to transition to community control ? - Joey - 17:30
Where is the oversight ? - Vanessa - 18:49
Who is measuring milestones ? - Vanessa - 19:25
Defense of Catalyst - Stephen - 19:44
(Separation of operation from fund vehicle to enable future transition)
ROUND 2
How will operational overhead be reduced ? - 21:33 - Eystein
Budget discrepancies - 22:24 - Eystein
Collaboration opportunities - 22:41 - Eystein
What happens if not funded ? - Financial dependencies - Joey - 23:16
Proposal strategy - Challenge setting and sharing - Innovation fund handover - Tevo - 25:18
Silence on proposal - Catalyst as role model - no response to comments - late submission - Felix - 28:10
Defense of Catalyst - Stephen - 32:40
How to reduce budget overhead ? - 32:48
1 year cadence for stability ? - 33:18
Not Funded ? - 33:40
IOG mission to decentralize - 34:02
Spirit of the Challenge - 34:30
Lack of IOG capacity ? - 34:55
The cost of running a fund - 35:30
ROUND 3
Good plan, bad execution - Eystein - 36:04
1 year cadence breaks competition - Eystein - 36:20
Nordic community treasury - Eystein - 36:35
High threshold of entry - monopoly - Eystein - 36:51
Opportunities for co-production missed ? - Vanessa - 37:42
What does decentralization mean to IOG ? - Joey - 40:05
Competitive tendering- Joey - 40:56
Note : Cardano Foundation not involved in Catalyst - Felix - 42:50
No knowledge of Catalyst Parameters - Felix - 43:13 (Community used to legitimatize premade decisions) What can replace Catalyst Team after 1 year ? - Felix - 44:05
Rhetorical Challenge - Felix - 44:35 How do the outcomes of proposal relate to decentralization ? - Felix - 45:17
Defense of Catalyst - Stephen - 45:40
Lack of competition - 45:58
(IOG's commitment to structural change) Legal clarity addresses uncertainty around ADA ? - 46:42
Lack of co-production is missed opportunity - 46:52
(Path to competition eased by co-production) Commitment to educating the community in operations ? - 47:07
Lack of strategy for shift to decentralization ? - 47:36
Commitment to community review of milestones ? - 47:58
ROUND 4
Goal 4 - Education programme - Felix - 48:23
Scope does not allow transition - Eystein - 49:43
Oversight of proposal - Eystein - 50:33
Proposal goals - Tevo - 51:00
Transparency - Joey - 55:14
Swarm & After Town Hall - 56:57
Defense of Catalyst - Stephen - 1:00:00
The Challenge addresses 1 operational project - 1:00:12
Limited resources of IOG Catalyst Team - 1:00:58
Community competency & trust - 1:02:09
Self referential rubrics - Vanessa - 1:03:00
Return on intention - Measuring impact - 1:03:47
Clarity on community contributions & Innovation - Eystein - 1:05:12
Next steps
Next steps - Felix - 1:06:51
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