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ZIP 1014: clarify language around the criteria for awarding Major Grants. 

No normative changes intended, other than removal of "new" in
item 4, which conflicts with the "maintain the existing teams
and capabilities" goal of this ZIP.

Originally
* 517562aae3
* f7277c6777

Co-Authored-By: Eran Tromer <eran@tromer.org>
Signed-off-by: Daira Hopwood <daira@jacaranda.org>
This commit is contained in:
Daira Hopwood 2020-01-07 15:54:24 +00:00
parent e6a5a5380c
commit 642f7c6f1a
1 changed files with 13 additions and 9 deletions
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22
zip-1014.rst
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@ -200,22 +200,24 @@ following additional constraints:
without a duration limit, but have semiannual review points for without a duration limit, but have semiannual review points for
continuation of funding. continuation of funding.
3. Major Grants may be issued to ECC only if no other parties are available 3. Major Grants may be issued to ECC only if there are no other proposals
and capable of performing the specified work with similar effectiveness and to perform the specified work with similar capabilities, effectiveness and
cost. The ECC will not be eligible for Major Grants if they have any funds cost. The ECC will not be eligible for Major Grants if they have any funds
available in their slice's Volatility Reserve. (The intent is that available in their slice's Volatility Reserve. (The intent is that
eventually ECC will not receive Major Grants.) eventually ECC will not receive Major Grants.)
4. Priority will be given to Major Grants that bolster new teams with 4. Priority should be given to Major Grants that bolster teams with
substantial (current or prospective) continual existence, and set them up substantial (current or prospective) continual existence, and set them up
for long-term success, subject to the usual grant award considerations for long-term success, subject to the usual grant award considerations
(impact, ability, risks, team, cost-effectiveness, etc.). Priority will be (impact, ability, risks, team, cost-effectiveness, etc.). Priority should be
given Major Grants that support ecosystem growth by mentorship, coaching, given to Major Grants that support ecosystem growth by mentorship, coaching,
technical resources, creating entrepreneurial opportunities, etc. technical resources, creating entrepreneurial opportunities, etc. If one
proposal substantially duplicates anothers' plans, priority should be
given to the originator of the plans.
5. Major Grants should specifically further the Zcash cryptocurrency and its 5. Major Grants should be awarded based on ZF's mission_ and values_, restricted
ecosystem; this is more restrictive than ZF's general mission of furthering to furthering of the Zcash cryptocurrency and its ecosystem (which is more
financial privacy. specific than furthering financial privacy in general).
6. Major Grants awarding is subject to approval by a five-seat Major Grant 6. Major Grants awarding is subject to approval by a five-seat Major Grant
Review Committee. The Major Grant Review Committee will be selected by the Review Committee. The Major Grant Review Committee will be selected by the
@ -251,6 +253,8 @@ ZF shall strive to define target metrics and key performance indicators, and
hopes the Major Grant Review Committee will utilize these in its funding hopes the Major Grant Review Committee will utilize these in its funding
decisions. decisions.
.. _mission: https://www.zfnd.org/about/#mission
.. _values: https://www.zfnd.org/about/#values
Direct-grant option Direct-grant option
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