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