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Saturday Swarm Session on July 22th about the "Catalyst Fund Operations by IOG Catalyst Team" Fund 10 Proposal |
{% embed url="https://youtu.be/T3xT4WOA0QM" %}
Saturday Swarm Session on July 22th about the "Catalyst Fund Operations by IOG Catalyst Team" Fund 10 Proposal.
{% embed url="https://cardano.ideascale.com/c/idea/107493/" %}
Was a spicy discussion. More insights added soon from our friends at QA-DAO & Governance Guild
Issue Board for this proposal - https://github.com/orgs/Quality-Assur...
Introduction to Swarm Sessions - Felix - 00:00
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 - 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)
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
Budget Breakdown - 13:03
Value for Information -- 14:02
How to give feedback - 14:10
Thank You - 14:32
COMMUNITY DISCUSSION - 14:50
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)
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
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
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 - Felix - 1:06:51