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Selection process
As a democratically-elected body entrusted with allocating community resources, ZOMG aims to be as transparent as possible. This document describes our grant selection process, and will be updated as our process evolves.
- Applicant should make sure to be aware of the below before submitting an application:
- If approved, applicants will need to go through a KYC process to be eligible for funding, though they can remain pseudonymous to the public.
- Applications can be submitted on a rolling basis, but will be reviewed every other week.
- The larger the requested sum, the more diligence and milestones required
- Questions can be posted to the Zcash forum tagging @ZOMG, prior to submission.
- Applicant submits application.
- From ZcashOMG.org there’s a link to the ZF grants platform.
- Once you have finished reading about the application process and understand it, submit your application here. This will require creating an account.
- Form requires a complete submission.
- Checklist with essential eligibility requirements (format, detail, content, metrics) must be complete.
- Applications that don’t/can’t meet essential requirements can’t be submitted.
- Application published on the Zcash Forum under ZOMG Applicants
- Community temperature check and crowdsourcing due diligence
- Based on community reactions, ZOMG/applicant may introduce changes
- ZOMG Members rank 0-3 on shared sheet, greenlight in bi-Weekly meeting.
- Quick review by all ZOMG members to post to sheet and prepare for bi-weekly meeting
- Conversation to proceed with diligence or nix is had in the bi-weekly meeting.
- Ineligible applications should not reach this stage and should definitely not pass it.
- ZOMG may request improvements to application and perform additional diligence.
- ZOMG may include outside experts in the process.
- ZOMG will review grantee’s previous grant outcomes, if any.
- Application finalized with requested improvements
- Finalized application must meet all requirements.
- ZOMG votes on whether to approve the application or not in bi-weekly meeting.
- Simple majority (3 of 5) with the ability for a strong-veto to halt approval and require more discussion.
- ZOMG publishes its final decision in batches, post approvals in bi-weekly meeting.
- Published decisions should include a short explanation of reasoning.
- Decisions and explanation are published on Zcash Forum.
- Formal grant agreement between applicant and ZOMG/ZF
- Preparing and signing any required documentation
- Agreement should specify budgets, deliverables, reporting, and disclosures.
- Budgets should be structured with concrete milestones based on size and timeline.
- Funds are disbursed by ZF and funded work begins.
- ZF will request a z-address from the grantee.
- ZF will disburse funds in ZEC.
- Interim check ins, support, reports, evaluation, and additional funds disbursed by ZF.
- ZOMG and ZF will provide necessary support over the duration of the grant period.
- Quarterly reports, monthly public dev calls or reports, annual reports (including financials) may be needed depending on scope of the project.
- ZOMG allocates and performs work for interim evaluations.
- ZF disburses additional funds based on predefined milestones.
- Interim reports will be submitted on grants platform and posted to the forum by the grantee, in the same thread as original application.
- ZF will review interim reports before signing off on disbursement of additional funds.
- Option to apply for additional funding to continue the project.
- Depending on the circumstances, this may happen prior to current grant ending.
- Grant period ends / Applicant delivers final report.
- Final report posted to the Forum in the same thread as original application.
- ZOMG performs and publishes final evaluation.
- Evaluation published on a dedicated website and Zcash Forum.
- Community offers feedback and reactions to generate learnings for future grants.